Yes, everybody is watching the $200+ moves in daily increments so naturally they want in on that action. It's human nature of course. :-) I'm hoping that the U.S. exchange traded bitcoin tracker GBTC continues to show increased volume. It "obviously" makes more sense to trade it than "actual" bitcoin becuz you will never have problems gettting out of it within a few seconds. With bitcoin you may not even be able to log into the exchange to execute your sell order. Here's what the bitcoin addicts "need to" trade instead of actual bitcoin...the ones that aren't long term holders of course. Most of the new buyers will likely not be long term holders as they will certainly panic out on any move lower to a new low since the high was set. Specially if it comes in $200/day increments.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=gbtc&x=49&y=12&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9