Perhaps we could ask someone who has bought up a lot of Bitcoins as to what they think and why people should continue to pile money into bitcoins today.http://falkvinge.net/2011/05/29/why-im-putting-all-my-savings-into-bitcoin/
He allegedly (no one can check) put all his savings into bitcoins on 29 May 2011, at presumably $8.30 per bitcoin. The price just happens to be $8.25 right now, and bitcoin has been as high as $32 and as low as $0.01 (due to a hack, but still, the guy must have been packing his pants). He's been in for one heck of a wild ride over the past three and a bit months. I wonder if he's still as bullish now as he was back then.
He was rather excited about the exponential growth in price back then. "And there’s no indication it’s slowing down or saturating. Quite to the contrary: interest is picking up." Thousandfold growth in a little over a year, and no signs of it letting up. I wonder if he feels the same way today.