Top or not, there is some pretty nice volatility there everyday, excellent for daytrading/ scalping. Trade FDAX, NQ, GC, CL and bitcoin during the day and you will never be bored again
Japan accepts it. https://www.cnbc.com/video/2017/11/...rency-and-now-its-more-popular-than-ever.html
There was an article in my local newspaper today describing how Bitcoin is saving many people financially in Venezuela there in the midst of runaway inflation. They have special phone apps and use them for many purchases. Jamie Dimon was right on that part: He said it makes sense for Zimbabwe and Venezuela. But I don't get why it is a "fraud" everywhere else.
That's the tricky part , many people are thinking like you , add to that many people have been calling it a bubble years ago , this time they will be right hence btc became main stream but it may make another last big wave higher before bursting .
That is the really ironic part. Just as like now, no one can call a top and they can't define the bubble. No one will be able to recognize when the bubble bursts. How is it possible to define it? For example, Bitcoin could drop $12,000 from its high today, a drop of 70% and still be higher than it was on Novermber 12th, less than 5 weeks ago. Lets face it Bitcoin will have massive percentage drops as it has had in its short history but none have put Bitcoin into the "dustbin of history" and none will in the future. Bitcoin is a world wide recognized store of value and will continue to be so. Dips will be purchased and massive drops will be bought with a vengeance. Those who are calling it "Bitscam" and "Fantasy Coin" are living in an alternate reality.
One day , soon bitcoin millionaires and me will be the same, Their btc holdings will be worth zero https://www.wsj.com/articles/bank-of-canada-head-likens-bitcoin-mania-to-gambling-1513285434
Your reply kinda reminds me of a sweatshirt I saw once. "I came into this world with nothing and so far I have held on to most of it"