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imageThis reverse stampede, compounded by many exchanges’ notorious lack of liquidity, might leave more than a few casualties on the field. A sudden fall in bitcoin’s price may put pressure on exchanges – companies converting Bitcoin to state-sponsored currency like dollars or pounds – with hordes of coin-owners trying to cash out of their bitcoins before a further slump in value. But some collateral damage would be inevitable.

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"Over the last two weeks, digital assets’ market value fell 4% vs. 30% over the prior four weeks," said Alkesh Shah and team in the note. Bank of America on Friday said it was seeing "continued signs of fading sell pressure," in crypto.

bet against it – has ended up giving the cryptocurrency more legitimacy among retail investors, further boosting its price. Bitcoin’s price has soared from January 2017’s $800 to today’s $17,000, with plenty of ups and downs on the way. The debut of bitcoin futures on two major exchanges – initially expected to bring down Bitcoin’s price by allowing investors to short it, i.e. Investors don’t seem to care about the red flags.

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What does this look like where you are? How can the preacher not nag but invite into such life-giving ministry? Stanley Hauerwas and Will Willimon wrote a rightly popular book, Resident Aliens – speaking of big, Gospel-stuff, inviting people into work that roams beyond their personal existence, that is our labor for God in the place that has forgotten about God.

"If we knew with absolute certainty that Bitcoin’s was a bubble, it would have already popped." "Bubbles usually get identified in retrospect," says William Derringer, an MIT historian who has extensively researched financial bubbles.

While investors are increasing by the day, most of bitcoin’s estimated $366.8 billion market value is held by a handful of super-rich, ranging from early adopters, to Silicon Valley bigshots and coin barons running cryptocurrency mining operations. Some think that, as things stand, the harm would be limited.

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Ether (ETH) is performing even better, up nearly 20% since Friday to $1,479 as anticipation over the "merge" builds. Bitcoin (BTC) is up more than 5% since Friday, and—at this point on Monday morning—holding above $22,000 for a sustained period for the first time since the mid-June price crash. Checking traditional markets, the Nasdaq is higher by about 1% and the S&P 500 is up 0.6%.

If we believe this, then we can begin to think differently about other books we might read. God isn’t confined in a pretty chapel, or to the times our eyes are closed. You might also conclude that if God wishes to be known through tales of dysfunctional families, court cases, love poetry, wars and outlandish dreams, then it must be the case that the God in question is right there in the thick of our dysfunctional families, legal doings, romance, battles and fantasies. God loves books, and reading – and not just pious stories and books, if the Bible itself is any indication! With eyes wide open, we see God everywhere, with everybody.

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But a lot of bitcoin companies – exchanges, wallet companies, etcetera – will go out of business." "The largest and strongest players, the Amazons of the crypto world, will consolidate and propel themselves further ahead. "It will be like 2000, when the tech bubble popped," says Garrick Hileman, who researches monetary systems at the University of Cambridge.

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