MikeC November 9, 2022I know this can also be said of gold, and the USD and pretty much any other currency, but what’s the underlying value other than staring at the chart, that would make you speculate in the 10k-12k range? Meaning, gold has 5000+ years as a store of value, good companies have decades of earnings and strong customer bases. The USD is the reserve currency and can be said to be backed by the government, military, land, people, etc.What actually underlies Bitcoin other than belief it is worth something?I understand the exact same thing can be said of gold. But Bitcoin has only 13 years of history. Seems much more likely to go poof.