Quote from: ryan1894 on December 28, 2013, 01:49:05 AM

Quote from: DoloresHazed on December 27, 2013, 04:39:15 AM

Look at it like this: Let's say the price (in dollars) of a real estate property we have invested in doubles in one year. So we should be doing pretty good if we flip it, right? Well, not if we invested bitcoin, the price of which (again, in dollars) quadrupled in a year. if we flip this house, we'll actually lose money.

This is the most confused statement I've read today.

If your house is denominated in BTC, and it doubles in price, and BTC quadruples in a year, then clearly investing in the house has 8x the original price of the house.
...

First read the boldface font.
Then read the red font.

Now ask yourself: "Why am I reading this confusing forum when I should be learning shapes and colors before I have to start digging ditches?"