But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!
Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!
My only fear is that the bubble will pop with it increasing so quickly
With what is happening any drop should be following by buying as it seen many traders and investors has decided to keep on buying and few are ready to sell their holding. I was telling a friend today that bitcoin may get to $40,000 before middle of next year and he said that he wants to buy from the local exchangers who gave him a high rediculious price that he could not afford to risk. I think holding make bitcoin price to go up.