It's not really that new investors are jumping in, but more so that there was a lot money that comes from securing profits at near peak levels waiting to enter again. New investors need confidence in order to start jumping in, and that confidence needs to be in form of an increasing price. Once we smash through the $10,000 level that confidence will get a massive boost, and new capital will actually start flowing in.

Another major contributing factor will be that more and more large parties are focusing on private deals to obtain a large number of Bitcoins, and these coins will likely come directly from miners. It all comes down to a lack of trust in current exchanges, which I perfectly understand. In other words, with less lessing pressure from miners, the market will face even less resistance in the forthcoming years. It's pretty safe to say that the OTC market has already surpassed the regular trading volumes, and the gap will keep growing with how incompetent exchanges are.