I'm not a fan of these pumps either. I definitely like the gradual natural increase in XMR price. it was averaging 40% or so a year. I think its due to thr lack of exchanges which are casinos and offer a lot of leverage. I know its not really the case here. I hope it drops and goes back to business as usual.

Pumps are bad for commerce and merchants. Now they are forced to sell their product into this volatile market which might correct and they lose 30-50%. They might choose not to sell their products at these high prices.