Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?
Bitcoin isn't an investment, it's a currency.
It is both, if gold was able to be used in stores (and ultra divisible) it would be a currency and still an investment. You invest in bitcoin over Fiat because it's deflatory while fiats are the other and it's rarity will go up as the amount in circulation spreads to more and more people.