When will BTC stop going up?

What happens next is anyones guess, and most analysts are united only in their uncertainty over the cryptocurrencys future. Bitcoin long ago stopped being useful for actually buying things (partly because of its rocketing value and partly because of achingly-slow transaction times), so the questions facing speculators are: is this a bubble? And if so, when will it burst?

Although the general trend for Bitcoins valuation is only up, the cryptocurrency has been extremely volatile. On November 29th, for example, its value fell 20 percent in less than an hour and half; dropping from over $11,000 a tick above $9000. For true believers, such blips are only temporary, but skeptics caution that any plunge could end up being permanent. After crossing $15,000 earlier today its value quickly dipped down to around $14,800.

Meanwhile, financial experts are struggling to make sense of the phenomenon as a whole. I suggests that the best way to look at Bitcoin is as an absurd video game with no boundaries. Users of other currencies find utility in a stable value. But not here in Bitcoin world. The reality of Bitcoin is that users are also players. And the objective of this game is the highest possible score. But how much higher can it go?