Bitcoin Is A Bit Of A Miracle At Any Price

There is a joke circulating on Twitter: “A boy asked his bitcoin-investing dad for 1 bitcoin for his birthday. Dad: What? $15,554??? $14,354 is a lot of money! What do you need $16,782 for anyway?” To put it mildly, the price of bitcoin has been volatile as of late. Last week, the price rose about 40 percent in 40 hours, with plenty of seesawing before and after.