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!
bitcoin is never a bad investment, specially if you are thinking long term. now may not be the best time to buy though, unless you are day trading it.
Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!
more crazy is that all the people who didn't buy at $1200 and instead sold because someone said this is the end. and then $1200 went to $12000+ (10x)
My only fear is that the bubble will pop with it increasing so quickly
it will eventually. maybe the current drop is the start of it, maybe some temporary drop. but it will drop eventually and will drop big. a good time to buy is by then before it recovers and goes back up.