News for hackers. Stuff that matters.

A comment on Bitcoin is close to becoming worthless?. Parent comment

Re:Bitcoin is close to becoming worthless? by paulpauper on Monday December 03, 2018 @08:15AM (#18588496)
log charts are misleading because by changing the base and the vertical axis you can make a huge decline look like a blip. but seeing 80% of your money gone is anything but a blip. also there is no guarantee bitcoin will continue to have exponential returns.
[ Parent | on HN ]
Re:Bitcoin is close to becoming worthless? by wongarsu on Monday December 03, 2018 @08:20AM (#18588527)
> also there is no guarantee bitcoin will continue to have exponential returns

which is true of any investment vehicle. You can only look at past performance and future market factors to make predictions, but even with the safest investment methods there is no guarantee.

[ Parent | on HN ]
Re:Bitcoin is close to becoming worthless? by paulpauper on Monday December 03, 2018 @10:49AM (#18589610)
stocks have century of exponential returns. bitcoin just a decade
[ Parent | on HN ]