Quote Originally Posted by LDAHL View Post
I see Bitcoin distinguished itself as the worst-performing currency of 2014.

http://www.bloombergview.com/article...ncy-wasbitcoin
Yes, treating Bitcoin, the currency, as an investment, because its market cap, is like investing a penny stock: volatile. But that doesn't mean much. Mostly, people don't carry a currency like the U.S. dollar to make a profit, they use it because its accepted and they can get goods and services with them. That is, one doesn't want dollars because one thinks it will outperform the Euro next year. The price of Bitcoin is a distraction because it is in its infancy.

Venture capitalist investing in the underlying block chain technology however is increasing dramatically which demonstrates the value of the technology as the future of money:

V.C. investment 2012: 2.10 million
2013: 93.84 million
2014: 314.73 million YTD

http://www.coindesk.com/bitcoin-venture-capital/

Infrastructure is being created all over the world at a dizzying rate. Job creation in the field is growing at a similar clip comparable to the capital investment rate. Dell, Amazon, CVS, Paypal, Subway, Overstock.com, Target, Ebay are just some of the big names now accepting it.