I don’t think the thefts were by institutions considered safe or large. MtGox was always a tiny sketchy company (and I held coins there). I never kept more than half of my coins anywhere because I knew they could disappear at any moment. I don’t see how a conscientious person could have concluded otherwise.

Value has changed a lot, but that was expected too. There are stable broad trends. Seeing the stability is just a matter of seeing timescales.

I guess I don’t share your definition of chaos. Chaos means you can’t predict anything reliably. You can predict many things about Bitcoin.

Taken to the extreme, your comment seems to come from a “anything that’s not a US treasury bond is total chaos” viewpoint. But I know that’s not what you intended... perhaps you can clarify?