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Five signs of a really *functional* market?

From FT Alphaville, December 7, 2017:

1) The spread between the top three exchanges offering your product is no less than… $4,000.

Live Bitcoin Transactions (2)

2) The utility function of your “currency” product is compromised by a traffic jam of 193,211 transactions…

Live Bitcoin Transactions (1)

3) The average transaction fee to initiate a payment is $7.

4) A conspiracy theory involving the imminent hacking of your network doing the rounds.

5) People allegedly killing themselves because of FOMO.

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