Fashion / NewsFashion / NewsStock in Crocs is apparently a better investment than bitcoinThe much-maligned shoes outdid the cryptocurrency in a year-long reviewShareLink copied ✔️August 19, 2018August 19, 2018TextThom Waite New York Times reporter Jack Nicas recently took to social media to share some very important information. The Silicon Valley specialist posted a graph to his Twitter showing the price change of bitcoin and Crocs stock over the last year and, in terms of long-term investment, Crocs buyers come out on top. Though bitcoin peaks way higher than Crocs stock over the course of the year, adding over 300% to its original price, the steady incline of the latter – compared with the wavering downturn of bitcoin since early this year – means that it’s now more valuable as a year-long investment. We always knew Crocs could do it (didn’t we?). Bitcoin vs. Crocs over the past year. Black line is $CROX; blue is $BTC. Y axis is price change since Aug. 16. Indeed, buying stock in Crocs was a better investment than bitcoin. h/t to a friend who doesn't have Twitter. pic.twitter.com/y0H9vlAfNO— Jack Nicas (@jacknicas) August 17, 2018 Nicas goes on, in a follow-up tweet, to call Crocs “the plastic cobbler who could”, celebrating their doubling in stock value over the year. While Crocs have always been pretty popular among little kids and middle-aged gardeners (even those weird high-heeled ones) some of their stock market success may be seen to stem from the ringing fashion industry endorsements they gained throughout 2017. We’ve seen both crystal-studded iterations on the catwalk from Christopher Kane and those famous platform versions from Balenciaga. Does this news mean there’s going to be men droning on at parties about their exploits in investing in Crocs stock? Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy Expand your creative community and connect with 15,000 creatives from around the world.READ MORE New BalanceNew Balance heads to Amsterdam to launch collection with Lack of Guidance New BalanceExclusive: New Balance and Lack of Guidance show football knows no borders PolaroidThree Dazed Clubbers on documenting a complete digital detoxBallet continues to thrive thanks to Saul Nash’s designsTechno-fascist fashion: Why Silicon Valley is moving into menswear080 Barcelona Fashion7 names to know from 080 Barcelona Fashion WeekOakley Going ‘field mode’ with Kellyn WilsonOakley Going ‘field mode’ with Emi MatsushimaZara Larsson: ‘The second I come home, all my clothes come off’Designer Sofía Abadi is creating a hyper-femme world Oakley What Went Down at Oakley’s Field Gear Line Collection launch When exactly did the Coachella aesthetic become so soulless?Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy