Care to explain more? You don't think there is value in an assert that 1) can be transmitted across national boundaries (despite capital controls) 2) is free of governmental control, and 3) has a finite supply issued by a predictable mathematical formula?
I got in very early, as was able to liquidate the majority of my position in various tranches between 12K-17K.
I see the usefulness of the technology, but for now it just appears to be a good opportunity to utilize a swing trading strategy and capitalize on the fickleness of the market.