Quote from: LiteCoinGuy on April 30, 2014, 11:46:26 AM

amazing chart yes. but that took 30 years, people here get afraid when bitcoin lost 20 USD in one week Tongue

i think its an good investement but a risky one. either we lose 99% or the price will rise alot.

I can see other scenarios than Bitcoin becoming massive or disapearing

Quote from: jubalix on April 30, 2014, 10:09:29 PM

Quote from: HappyFunnyFoo on April 30, 2014, 06:01:18 PM

Owning berkshire means owning a slice of a huge conglomerate of profitable, growing businesses. Owning bitcoin means owning an electronic numerical value that's guaranteed by the network.

Berkshire is a productive asset, bitcoin is effectively an e-commodity. There is virtually no intrinsic value in bitcoin (it doesn't generate massive amounts of value for society). Owning berkshire for long periods of time is investing (long-term profit and value growth), while owning bitcoin for long periods of time is speculating (believing the next sucker will buy a non-productive asset at a higher price than you).

Bitcoin has massive intrinsic value. Eg replaces 1/2 of the world banking infrastructure for one.

Bitcoin obv has intrinsic value

I think OP made a very interesting parallel because people get anxious after a 2months decline or a 3months stability when long term means a longer time than Bitcoin's age and Bitcoin's future looks very bright

1991-1998 1000%, B.A doesn't pay any dividends, he choses his companies very well and paid a small price while leaving the good managers in place with a lot of freedom but removing the bad ones; look at his portfolio http://www.fool.com/investing/general/2013/12/02/why-warren-buffetts-berkshire-hathaway-wont-pay-a.aspx