Very true. It rose to 20,000 in 2017 before falling back to around 3,000. Highly speculative market for sure.
The easiest way to make a small fortune in Bitcoin is to start with a large one.
I remember when it was about that high. There was a radio commercial that played a few times that claim Bitcoin could go as high as $1 million. A few weeks later, it crashed hard. I have not heard a single Bitcoin investment ad since. Same type of huckers said gold would be worth over $5000 per oz by the end of the year. That was several years ago and it didn’t reach the mark either. I am sure some bought in though.