Bottoming is a process. It's a process where the market consolidates and the fittest survive. It's designed to show up those that are "not wearing pants" vs those that are. We are in the final stages of the last cycle. The next cycle will be dominated by licensed exchanges and institutional capital. And, I know it doesn't feel like it right now but the NEX CYCLE WILL FEEL HUGE because it will be with regulated capital and with such a small market - even a little bit of liquidity will feel huge!(Ran Neuner)