Is the strong positive news cycle getting a bit out of hand?
Why is the mainstream news "promoting" Bitcoin so much?
all it really takes is 'information and belief' by the right person or band of people, then it's all about follow the leader
Ever since coinbase indicated that they wanted into the game and to do it in such a way that appears honest (insurance, regulated, audits, etc ...) it allowed the 'mainstream' investment avenues to give bitcoin another peek.
Now other exchanges (the W twins) are considering the creation of such 'integrity' exchanges