I believe, due to the recent adoption news floating around the market the price has reached to this point. After CME group, Nasdaq is now planning to come up with bitcoin future contracts. So when the second largest exchange is thinking for bitcoin, price increase become obvious.


ICO is very similar to the ponzi market. Not entirely, but a major portion of it. So with Christmas and New Year approaching, many people will try to score some extra money. Hence we are seeing an influx of ICOs flooding the market.


True! Just surprised, because a newbie asking this question. Either we are seeing a lot of alt accounts or more people are becoming increasingly interested in crypto market. Bitcointalk, being the largest community, becoming an obvious destination.