Naturally, Im a pessimist but trying to be neutral on my view with this & like yourself I dont see whats changed in such a short amount of time. The market is still volatile & can be manipulated by large players (you could say that about most fiat stocks though re: governments meddling for their own good).
Everything can be manipulated like buggery. The difference is that manipulators in traditional markets are probably lunching with the SEC every week. It's a bit different when some filthy upstart comes a knocking out of nowhere.