Although I am now a member due to pure curiosity, and nudging from @marketreport on his youtube channel. I unfortunately see this recent volatility as a manipulation. While I can appreciate the desire for something that you are a part of, and hope for its genuine rise in value, I question its value as a whole. The whole crypto thing as a whole actually. Here is my dilemma;

1. You have a thing, that only exists in electronic form, thusly, is dependent on its safeguard from hacking/manipulation.
2. It has no tangibility. It only exists due to peer to peer demand, and has no value other than anonymity for exchange.
3. It is relatively new form of exchange, and that ability to exchange is limited.
4. The volatility of the value concerns me as, and indicative to, its mode of exchange, and need to be recognized in a global marketplace.

What would happen if (and this is a very good viable probability) the peer to peer demand wanes due to forced regulation of the value of the item? Let's say that this form of currency DOES eventually get recognized by the S.E.C. and granted an E.T.F.. It is now an instrument. Now, all anon has been discarded, and can be taxed. Thusly, in courts can be shown taxation through one's broker, if traded on the FOREX exchanges, and will destroy its sole extrinsic value... anonymity. I do not see this as (on a macro viewpoint) as having or attaining intrinsic value such as PMs currently possess. Good Luck!!!