Just a few weeks ago, Bitcoin was around $900. Today it’s $2200. A few days ago it was as high as $2700. What the hell? It’s now hundreds of dollars past gold, which is still floating around $1250 as it usually does.
I check the values of certain indexes and commodities every morning, and I’ve been stunned at bitcoin’s recent rise. It jacked up in value about $100 every day for several days in a row. I own a little bitcoin as a speculative investment, and I’m very happy.
There are several reasons for this surge: