Quote from: aso118 on April 23, 2017, 05:41:45 AM

Quote from: Vasu Dev on April 20, 2017, 05:58:11 PM

Bitcoins volume-weighted pricetag on the Bitstamp exchange rose 24.4% in the 4 weeks of February. Year-to-date, bitcoin has treasured 23.9%. An investment 12 months ago would definitely return 2.7 times ones investment

It is correct that we had a massive bull run in the last 12 months. But you are looking at a time frame which suits you.
For it to be a remarkable investment, you must look at multiple 12 month periods, including the drop 3 years ago.

the 3 years ago drop that you are talking about is just a drop out of a bubble, and it was not even the first price bubble! there have been as big price bubbles as that one before but since it was along the highest price and also the scam exit of MtGox, everyone remembers that and they keep mentioning it.
the same rise meaning a big % rise then a big drop has happened before and then from 2013 onward bubbles have also been happening but at smaller % so they usually go unnoticed or called as whales dumping.