Quote from: RainyDay23 on July 18, 2018, 04:56:35 PM

I think it's sort of like cultural thing. Influence of a time that we're not familiar with. For example, why do people in their late 30s early 40s like the original NES, or cartoons from the 80s? Because they were there at that time and it had an influence on them.

If what you said was correct, people should have stopped buying gold for at least a century and that has not happened and it is easy to see why, gold despite being one of the oldest form of investment is still giving profits, this is similar to what happens with bitcoin, why are people still willing to pay more than 7000 for each bitcoin despite the huge price? Because they know they are going to get profits when the market recovers.