Lol when bitcoin was at $100 and crashed to as low as $3 at one point I thought that was the end of it. It's proved surprisingly resilient though. I think bitc

Lol when bitcoin was at $100 and crashed to as low as $3 at one point I thought that was the end of it. It's proved surprisingly resilient though. I think bitcoin only gains value when it reaches new consumers/markets, and loses value when the hype dies down. After it runs of out of hype it's long term value depends on it's effectiveness as a currency which is dubious(certainly not convincing at this point).