Reserves for payouts versus amounts of bitcoin holdings information out there? You would think institutional investors would not touch crypto without some indication. It still has to be considered a pyramid scheme with a lot of hype.

Some of the massive buys are probably highly leveraged. The danger of course is their sell orders. May be difficulty to engage fast enough on a very rapid crash.

This could be an insiders set up as well did cross my mind. They could have a full script in hand. Suddenly close the major exchange down is one. Perhaps triggered by too large a redeeming event. Not really required though. The originator of bitcoin being a secret also might speak volumes.

Crypto may be far more fragile than people expect. I guess hype can have a price and perhaps always has.

I know how to make money the old fashion way. Print it. Of course even that is not what it once was with todays cashless society.

I still feel this could prove to be a very punishing bubble bath.For now I would keep my wallet of information that proves I own bitcoin or whatever off a computor hooked up to the internet. A virus launched by a party could cause havoc for many.

In any form of gambling the house prevails over time.