You still haven't made a profit.
Not really, if I sell it it would be a lot more. Folks on local bit coins sell for about $40-$50 bucks more. Im just shocked at how fast its going up.
Compared to historically its pretty damn stable. And you need to change your attitude towards it, its volatile as fuck and a few weeks ago you were acting like people conned you out of a whole $100. If you think its going to go up and you have money to blow buy more. Hindsight is 20/20. A lot of people profit by day trading the ups and downs, but most people can't day trade successfully.
Also just sayings metals are on the cheap now. And metals mostly derive value the same way. Yes even though metal has industrial uses most of it just sits in vaults and isn't used. The real difference is that bitcoin is arbitrary (it could be any coin) gold and silver are the only gold and silver and people aren't going to go adopt a new gold. There are also other industrial metals like platinum and palladium, but those are purely industrial and have never been regarded as currency.