So Bitcoin apparently is either the new thing or the next Tulipmania.
To be fair, I do not understand Bitcoin, or cryptocurrencies in general. I read a bit on Blockchain today and maybe think I get that, but maybe not. I read up on Cryptocurrencies as well - sadly, again not getting it.
I am not overly concerned about it, of course - I went through my "get rich quick" phase 13 years ago and after missing out on the real estate boom (and bust), have pretty much relegated myself to the world of save and invest - not just in stocks and bonds, mind you. Land and the ability to provide food have value as well.
I understand the attraction, of course: skyrocketing value, non-governmental control (a big plus for me), and the ability to "earn" (apparently) on your own (e.g. "mining"). And apparently it is becoming a thing because more and more businesses are accepting them, which suggests that it is a trend to stay.
In moments like these, I always bear in mind Warren Buffet's advice: "Do not invest in anything you do not understand". Which sounds pedestrian, I know. But I would rather be pedestrian and keep my smaller gains than be cool and lose larger ones. I tried that, once.