That's an 800% rise since mid March, Bitcoin his new record high above $35,000 on Wednesday.

這是自3月中旬以來800%的漲幅，比特幣他的新紀錄高點在週三超過35000美元。

It's the latest milestone for the Cryptocurrency as it continues its scintillating rally.

這是加密貨幣的最新里程碑，因為它繼續其令人振奮的漲勢。

Investors see Bitcoins a hedge against inflation.

投資者認為比特幣是對沖通脹的工具。

They see government stimulus packages is eroding the value of traditional money.

他們認為政府的刺激計劃正在侵蝕傳統貨幣的價值。

Because the supply of Bitcoin is limited, they think that it can help store value store money for them.

因為比特幣的供應是有限的，他們認為比特幣可以幫助他們存儲價值存儲資金。

At the same time, others see Bitcoins the tool for quick games.

同時，也有人認為比特幣是快速遊戲的工具。

It's very volatile and the price moves up very quickly, so people think that they can make money from this and then lastly, at the same time, others see Bitcoin is one day catching on.

它的波動性非常大，價格上漲的速度也非常快，所以人們認為可以從中賺錢，最後，同時也有人看到比特幣有一天會流行起來。

There's a real payment method, so is it still a good time to invest in Bitcoin or have we missed the boat?

有了真正的支付方式，那麼現在還是投資比特幣的好時機，還是我們已經錯過了？

What are investors saying?

投資者怎麼說？

So some big investors now really starting to put out research notes about the theoretical value of Bitcoin and multiple one this week has been JP Morgan, who said that Bitcoin could theoretically, uh, surpassed $146,000.

所以現在一些大的投資者真的開始放出關於比特幣理論價值的研究說明，本週有多個是摩根大通，他說比特幣理論上可以，呃，超過14.6萬美元。

There's a big caveat in this, uh, investment.

這裡面有一個很大的注意事項，呃，投資。

Banks often say that this can only happen if volatility of Bitcoin falls, and that's still very much unknown.

銀行經常說，只有當比特幣的波動性下降時，才會出現這種情況，這還是非常未知的。

It's very unclear whether that will happen.

是否會出現這種情況，目前還很不清楚。

So in December 2017, Bitcoin was pushed to a record high by a retail investor fueled buying frenzy.

所以在2017年12月，比特幣被散戶投資者的瘋狂購買推到了歷史新高。

The price went up very quickly.

價格漲得很快。

On a month later, it crashed very sharply.

一個月後，它非常急劇地崩潰了。

Some people say that there is a risk of this again, but at the same time, the Bitcoin market market infrastructure has changed quite dramatically.

有人說，這又有風險，但同時，比特幣市場的市場基礎設施已經發生了相當大的變化。

Since then, it's matured has become safer.

從那時起，它的成熟已經變得更加安全。

There's generally fewer risks of the kind of cyber heist hacks on really large volatility swings that have been characteristic of Bitcoin through its 12 year life.

一般來說，比特幣在12年的生命中，真正大幅波動的那種網絡劫持黑客的風險較小，這也是比特幣的特點。

Yet at the same time, others say that one day the price of Bitcoin could slump again.

然而與此同時，也有人說，總有一天比特幣的價格會再次下滑。

There's still lots of unknown factors surrounding this.

圍繞著這一點，還有很多未知的因素。