Re:PayPal’s Braintree Embraces Bitcoin, One-Touch Payments
by sassypants on Monday September 08, 2014 @06:30PM
(#8287679)
I've been through college level statistics classes. Nothing I learned in them suggested that holding currency for less than a year was an appropriate measure of savings.
You're complaining that Bitcoin hasn't been around long enough to make a proper measure of its performance. Then you complain that people who gave control of their coins to Mt Gox didn't get their coins back.
I don't understand what these complaints have to do with the fact that Bitcoin has been a fantastic savings vehicle for five years running. (Or four if you prefer)
Re:PayPal’s Braintree Embraces Bitcoin, One-Touch Payments
by bdcravens on Monday September 08, 2014 @06:40PM
(#8287725)
I don't deny its performance, and I'm actually quite bullish on it. I just think 365-665 days is a fairly arbitrary number, and a lifetime of 4-5 years is not enough to draw conclusions from.
over the last five years of its existence The first exchange didn't come online until summer of 2010.
What's the 1 year picture like for everyone who had coins in Mt. Gox?