Look at the spread between what GBTC is actually worth per unit vs the premium people pay for the fucking thing. This is a fucking bubble folks. END OF STORY. I'm already seeing people in BTC community at the bargaining stage of the grief cycle, trying to find ways to reconcile BTCs value with its' very real limitations vis a vis its' restrictive transaction capacity and the relatively high costs to traditional payment methods. The ones who aren't even asking these existential questions, if you will, are too fucking uninformed or unsophisticated to realize there's even a problem. YOU ARE IN A PYRAMID SCHEME. I've studied bubbles, I've mined, I've owned, I live a breathe the retail market every day ( a lot more recently) this has EVERY hallmark of a bubble. It checks every single box. EVERY fucking. one. I come here because I like most of the people on this board and I don't want you to lose anything you shouldn't have been risking in the first place. The pyramid scheme is running low on buyers' guys. Be careful. You will get burnt.