>The gains can be explained by nothing else than mania and speculation.
This was always the case for Bitcoin. Why would ever use it as a currency when its value can swing +/- 20% in a single day, that would be ridiculous.
This was always the case for Bitcoin. Why would ever use it as a currency when its value can swing +/- 20% in a single day, that would be ridiculous.
Bulls trot out the "Bitcoin to $1M" trope all the time, that hardly seems stabilized to me.