Quote from: QuestionAuthority on May 16, 2017, 08:51:25 AM

You want to understand what's going on with the price? Read this: https://www.sec.gov/comments/sr-nysearca-2017-06/nysearca201706-1642431-146543.pdf

Im 100% sure the current price has almost nothing to do with the EFT. The price rise could partly be down to:
BitFinex and Chinese exchange withdrawal issues,
Alt coins bubble -> most people get into alt coins by buying Bitcoins first, the price of Bitcoin only goes down when these people cash out into fiat not into another alt coin,
Mass adoption taking place. New large Hodlers in India are coming onto the scene, large speculators in Japan are getting in, and... more people than ever are actually using the coin as currency even though it costs too much and is relatively slow (most of these new users are not in the USA, but South America and South East Asia)