I just realized that I haven't seen any conspiracy theories regarding the crypto market until now. Now I am suprised that this really is the first time that I see that happening. Actually amazing.
I actually had a fun theory myself once. More like a funny idea. What if Bitcoin and the hype around crypto currencies and mining in general is just a means to an end to generate a whole lot of processing power worldwide that can be used by an AI that works behind the shadows and wants to use this processing power to take over the world?
Basicly terminator, but instead of Skynet, we would fall prey to over AI Overlord Bitcoin.