[quote=âClint, post:62, topic:117389â] In an Excerpt his source said :-
âMark November 2017 as the first time when you were officially warned about crypto volatility risks. I am pretty sure that it wonât be the last one.â
[/quote]
I think thatâs a bit unfair, seeing as this threads been going 6 weeks since âBitcoin = 5000 nearlyâ days 
Here is todays chart from IG showing a Daily range from 11500 to 8600 and back ! - So 3000 pips a day ?
Anyway thanks @Clint for showing that IG and others are looking for to back out of the market with their pants intact !
I particularly like the tactic employed by the other Bookie - of introducing overnight interest at 175% 
It seems tht the cheapest and best way to trade Bitcoin is to actually buy some as it seems @Dennis3450 has done. 
Seems to me that with the liquidity issue mentioned earlier in the thread withn regard to withdrawals when the price is DOWN, the Spread better copanies like IG , need to cover their bets and the only option seems to be purchases at coinbase, who will delay any sales in hard times, letting the price potentially drop through the floor and costing the âBookmakersâ huge amounts.
Given the model of âOwnershipâ which seems to be emerging, one has to wonder who exactly is the beneficiary of this meteoric rise in this instrument.
There is no doubt that some have made some money over the past year or so 
So now some hold physical (Paper) Bitcoin in one of these âAccountsâ others just spreadbet the instrument, which means teh Bookie has to hedge by buying physical (Paper) Bitcoin to underlie their short positions.
So we ave been informed that in a downside adjustment, liquidity seems to dry up and orders donât seem to get addressed for DAYS !
Given a âCrashâ scenario - âDaysâ is ample time for the value of the paper currencyâs value to drop back to a dollar each !
Letâs say for the moment that this were to play out and then gradually the congestion cleared and coinbase were forced to fill the back orders at âmarketâ ?
If we assume the average âSell priceâ they received for the units from the Bookies and individuals like our @Dennis3450 was $5000 and now they have to buy them back at $1 - Whose interest is it in to allow this particular rise to an inevitable end ?
[Edit - quite a few Spellings and minor typos in this post - canât be a**ed to go back and fix them all - sorry ! ]