1. People don't understand bit coins are fossil energy currency. As such, their actual value can be quantified. 2. Their actual value is roughly the running average of energy consumption to produce plus amortized hardware expenditures. That's it. Nothing magical. 3. This means speculation is driving the current price, not its actual value. It's already hyper inflated. 4. I expect bitcoins are actually worth maybe a hundred per coin. I'd guess. No actual math. 5. You can clearly see big players manipulate price. Also proving it's highly vulnerable. 6. Which means, it only takes one market correction for everyone to lose their shirts. 7. A market correction is inevitable. It's simply a question of when?