Bitcoin Discussion

Hey all, just wondering what you guys think of the recent Bitcoin craze. Do you think it's truly gonna be the future and go to $100,000+? Is it all just an exotic ponzi scheme which is gonna collapse in spectacular fashion any day now? I do think the current valuation is a bit absurd. I mean people aren't even buying it to spend on things at this point, they're just gambling and hoping it will keep going up.

I also find the sheer number of crypto currencies out there now to be a bit crazy. You have the main ones like BTC/Litecoin/Eth, and then a bunch of weird unknown ones. Seems like BTC has the name recognition though, and that's what sets it apart. Or is it legitimately better? Who knows:can: