What is the Reason for increase of the Bitcoin?
So many people want in because they see that price and go oh shit man this is where its at, then there are some who are dedicated and I mean committed to mining because its making them a lot of money.
The main reason though is big money entering into the game and increasing altcoin interest and government usage and attention only a matter of time now the currency is young but it is thriving.
Actually there has been lots of interest for that way back then, it's just now that it's becoming realized, and that we can attribute to the constant increase in price. Although, the catalyst to this skyrocketing valuation? That I don't know exactly.