There are quite a few things helping bitcoin at the moment. I have blogged about these in the last few days on Steemit. The main thing which seems to be happening is the move from “early adopters” to “early majority”.

At present we have around one in 800 adults with some investment in bitcoin. With rapidly growing media coverage there’s a growing interest to at least be part of this revolution.

Price does not seem to be an important factor. Investors look at the price $1000 below where we are now and say “That would be a good price to load-up”. I call that the “Price Memory Feature”. It’s a fundamental which does not apply to any other asset class.

Last week I saw bitcoin mentioned in a UK TV soap opera serial. This week the whole of “The Big Bang Theory” episode is a story about how the geeks find an old laptop on which they used to mine bitcoin. Now they are looking for the wallet.....