It gains value through magic. It's upside potential is unlimited, at least until the world runs out of fools.

It is simply a digital asset. I don't see it as a currency at all.
Assets only have the value others assign to it by providing a market of buyers.
As an asset it goes through cycles. I hope for a correction soon.
I only see two choices. Trade it short term, or buy and hold for a very long time into the future.
The hype and FOMO is huge right now, but that will change.
I still don't rule out that BTC was a CIA creation...