> My new conspiracy theory is all of the smaller coins were an easy way to extend the Ponzi scheme by inventing valuation out of thin air. I don't think this i

> My new conspiracy theory is all of the smaller coins were an easy way to extend the Ponzi scheme by inventing valuation out of thin air. I don't think this is a conspiracy theory... At the very least, we know that some of largest institutions were regularly pumping up assets for solvency reasons.