People aren't investing in bitcoin because it's currency of the future – they're simply following what everyone else is doing, just like we evolved to do. I would also buy more Bit cion because The current interest in bitcoin is naturally partly fueled by the huge rise in price. Since bitcoin hit $10,000 for the first time on November 28, things have gotten a little out of hand. Over the next week it went up $12,000. The jump to $14,000 took just 23 hours. In another 15 hours it reached $16,000. To put this in perspective, it took bitcoin more than eight years to reach a value of just $2,000. Seven months later, it’s now worth more than eight times that amount. (It’s important to note, however, that the upwards trajectory hasn’t been smooth. The price has fluctuated hugely over the last week, hitting an all-time high of $17,150 before dropping down to around $16,620 at the time of writing. With the rising price has come rising awareness and media attention. On the day bitcoin first hit $10,000, the Financial Times put the cryptocurrency on its front page, citing its 850 per cent increase in value since January. The $10,000 threshold doesn’t mean much in itself, says neuroeconomist Benedetto De Martino, but humans tend to place a lot of significance on certain round numbers. “We have this kind of general feeling with numbers, when you cross one threshold it starts to feel like a completely different thing,”
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