Quote from: OgNasty on June 13, 2014, 01:26:53 AM

Quote from: kako on June 13, 2014, 12:35:58 AM

BTC in June 2012: 5.7 USD, investing $1.54 in btc:
Doing nothing with it: would yield you 0.27BTC, now worth 157 USD.

It is true that Bitcoin outperformed Nasty Mining. Bitcoin had an amazing 2 years of growth and was exposed to billions of people. However, funds invested in Nasty Mining were spent in USD on items that are valued in USD. In fact, pretty much everything is valued in USD (or your local fiat currency), which is why BTC is valued at the conversion rate at the time of transfer to any real organization. It only makes sense to value Nasty Mining in USD when comparing it over time. The performance we've had is astounding, and just because it lags behind the performance of Bitcoin should not take away from that. We've still managed to outperform more than 99% of the other things you could have spent your BTC on. Silver for example was $28.50 on our IPO date and is $19.50 now, yet I don't see you trolling silver dealers on here.

Bitcoin 2-year performance: 9,812.2%
Nasty Mining 2-year performance*: 1,341.5%
S&P 500 2-year performance*: 45.7%
Silver 2-year performance: -31.5%

*excludes distributions

This is was a bitcoin forum not a silver forum, but since you bring it up, you did twice as worse as idiots buying silver. Pat yourself on the back.

kako

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