People that feel they have missed the boat to 1200 are now able to enter at a price that feels cheap to them. I think it is mainly a psychological effect.
yes?
And I think that they don't care at all. I have a lot friends from IT field, with quite high salaries and they at least knows that bitcoin exists...but there is literally no way how to convince them. Dunno if cause is media coverage (silkroad, gox, frauds, hitmans, hacks..), but they just don't want to own it, but within my friends, I can see wireless payment cards, NFC and paypal accounts only.
believe or not, but if somebody was interested at 1200 and "missed the boat", he bought as much as he was able at 500-600 range and didn't wait until now.