It would be fucked up to seriously invest in bitcoins
why? sure it has no guarantee and many obstacles to overcome if it wants longevity and adoption by more users (and governments) but nothing has a guarantee, as gold/silver is proving right now. I bought silver at $40/ounce three years ago when it was "the sure bet" and now I have less than half of my wealth. And I did that as a way to find a safe haven for a 12k investment that was salvaged from a failing IRA that had an original investment of 14k...
The majority of BTC investors bought BTC below its current price, and of all the options on the table, its appreciation since its inception and or any time prior to 6 months ago has outpaced all other options...
Well if gold and silver investment can fail despite all predictions, imagine what can happen to Bitcoin...
Despite all predictions? Most mainstream economists were calling Gold and Silver a bubble years ago. If you overlay Gold 2008 - 2013 over the 1920's stock market or 2000-2006 housing market you will see exactly the same pattern. Obviously got way ahead of itself due to speculation and was overdue for a very severe pullback.
Any rational student of economics also knew two things in 2009. (1) The risk was Deflation not Inflation and (2) The Federal Reserve played it way too tight. They could have printed seven times as much money as they did, ignited a recovery years earlier, and still not triggered any kind of inflation.
Gold Bugs are now being taught a bitter lesson in economics. It's a worthless yellow metal, manipulated by speculators, playing on irrational fear, that lands you in the poor house over long periods of time since it can barely even keep place with inflation.