Taking a wild guess I'd suppose increased political instability would be a driving factor some of them being: * Britain, Brexit * Italy, uncertainty around eu

Taking a wild guess I'd suppose increased political instability would be a driving factor some of them being: * Britain, Brexit * Italy, uncertainty around euro and leadership * France, Presidential candidates are more aligned with Russian/Putin-values then earlier * USA, Trump being elected to president as an outlier These things will of course also drive political uncertainty in the rest of the world which will naturally put value of fiat currency in speculation, gold certificates are already sold at a much greater rate then available gold so bitcoin is a viable alternative. Another explanation could be current lack of institutional investors in the bitcoin market, once BtC ETF's (stock traded funds) correlated to bitcoin value starts popping up there is a much higher likelyhood for institutions to enter the market. At this moment I only know of one, XBT in Sweden but the Winklevoss brothers are trying to open one up in the US. My post may contain errors, if so please correct me.