True, but I doubt most are in etherpoop.  The thing is, most of the time big long positions are a recipe for disaster, which is why I was reluctant to jump into the breakout at first, but if speculators can correctly predict an influx of new money, then we are A-OK, and I think this has been happening.  People who were interested in bitcoin before, and have been following it a bit are deciding they don't want to miss the train, and jumping on.  The real bubble starts when we reach the people who haven't seriously considered investing yet.