It was amusing to see how many people – – serious-minded, widely-read people – – were falling all over themselves to see how high a projection they could make for Bitcoin. Of course, $100,000 was virtually within days, according to the investment banks. Honest to God, this thing could be worth $0.00 in five years, or $5 million. It’s anyone’s guess. But, for now, 20% of this lunatic fantasy has vanished in the space of hours.
Oh, and just to mention it one last time for those of you who don’t hang out here on weekends – – if you didn’t read it already, please read my Peanut Butter Manifesto. I am still enjoying and benefitting from the comments!