It seems that a corrupted exchange is an essential ingredient for pumping a crypto currency to $billion nosebleed mcaps, so apparently not only is demand being created out-of-thin-air using margined coins the insiders deceptively obtained from the ICO by buying from themselves (taking out a BTC loan and paying it back after the ICO)...

...but likely also that some high volume exchange is also creating tokens literally out-of-thin-air and is another Mt.Gox or Cryptsy waiting to default when there is a run to withdraw.

A likely essential ingredient in BitCON's rise from $10 to $1200 was because Mt.Gox was creating coins out-of-thin-air and handling most of the BTC volume, so this provided more coins for everyone to leverage and create fake demand with.

So this huge pump in ETH likely means another high volume exchange will end up stealing all your coins again soon.

The way this criminal enterprise crypto-currency enterprise works is that the insiders create tokens out-of-thin-air on the exchanges, then when the ponzi scheme implodes, the "hackers" or owners of the exchange are blamed instead of blaming the real manipulators behind the curtain.

We apparently have criminal gangs in the crypto-currency ecosystem. The DAO attacker says the UGGovt + MIT/Cornell universities are complicit. Others say Goldman Sachs is in this. Probably also Russian criminals, etc..

That is likely why there is no enforcement from the SEC. Because the SEC is owned by the criminal gangs.

Nothing has changed! We have not defeated fiat. We have not defeated the same banksters bastards who are always enslaving us.

We're just fools.