I'm pretty good at 'reading between the lines' when I hear someone speak. Just like Cramer and some of the others, he's worried about finding enough supply. In their nice comfy little elite world of equities, supply on a new IPO launch is not hard to come by. And with enough supply comes control of the market.

But with Bitcoin, Peter knows that supply would mainly have to come from existing Bitcoin holders, a stubborn lot who isn't going to part with them. So the tiny exchange float will have to get bid up to the absolute moon in order to pump liquidity into the futures trading market. Literally. Like they would have to bid Bitcoin up to $100k/btc to reach optimum liquidity. And he fears that such a price would ring the bell of many of the original Bitcoin holders, who then would dump all of their bitcoin back into the market. Thus in his mind sending bitcoin "back to zero".

But we all know that would just never happen. Those original early adopters are already sitting on tens of thousands of bitcoins and have been for eons, and they haven't sold them all yet. In fact the higher the price goes, the more hodling they will do. They are probably thinking generational wealth. I know I am.