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What is the reasoning behind bitcoin's value skyrocketing in the last 10 days? Why the sudden influx of Chinese investors? Does this constitute another bitcoin bubble?

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closed as off-topic by Nate Eldredge, MaxSan, Salvador Dali, Murch, Stéphane Gimenez Nov 14 '13 at 10:24

This question appears to be off-topic. The users who voted to close gave this specific reason:

  • "Questions on current market values, energy costs or service provider availability are off-topic as the answers are changing too frequently to be useful to others." – Nate Eldredge, MaxSan, Salvador Dali, Murch, Stéphane Gimenez
If this question can be reworded to fit the rules in the help center, please edit the question.

  • 2
    This question is too time centric and up to speculation to to have a clear cut answer, for this reason, voting to close. – MaxSan Nov 14 '13 at 9:22
  • Well you can't say anything in finance with absolutely certainty, but that shouldn't mean you can't make an educated guess. At least that's what I think; I find this sky-rocketing rather interesting too. – Jori Nov 14 '13 at 10:04
  • Almost doubled again in value, in 4 days O.O – Garreh Nov 18 '13 at 23:02

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