Oh dear lord, this is the kind of crazy stuff that happens when you have a bubble.

In the 90s, there were stories of people quitting their day jobs to become online day traders.  And it's a great plan as long as the market keeps going up.  The bitcoin market right now is reminiscent of that, and it makes me extremely nervous.  That's why I've been buying some gold & silver.  Those things are most certainly not in a bubble.

The end stage, the pre-popping of a bubble looks exactly like this:  Everyone starts piling in to buy whatever is inflating.  People start getting manic, and the price just keeps going up and up--and then it pops.  I do hope that's not the case with crypto right now.  It's so hard to tell, but it just seems like a replay of crazy markets I've seen in the past.