[jonknee]

This is a pretty good primer of what looks to be the most obvious scam in cryptocurrencies (of which there is plenty of competition!). It seems to be the glue holding the market together and has rapidly gained scale. When the scam crumbles it is going to be epic and tons of exchanges are going to go with it.

In the meantime (if you like gambling), wait for another big down day and watch for Tether issues. The market will start to climb shortly afterwards. Just make sure you're playing with USD and not USDT!