Interestingly, past performance of the last 9 years did not change much in terms of perception:<p>1. People who believe that Bitcoin can eat the world, do not care when it goes up and down. Periodic rallies are unsurprising and upper limit is still to be reached (at very least, the entire mass of gold - about $8 trillion). It's still early and cheap at current $200 bln capitalization.<p>2. People who do not buy the premise ("displace fiat and physical moneys"), or don't think that Bitcoin is going to deliver ("something better will come along"), do not care about the price either - it's just a giant bubble waiting to pop.<p>3. Plus a crowd of short-term speculators who are no different than Forex people, just with higher volatility at hand.