People forget before December 2017 and the summer of 2017 leading up to that time, Bitcoin was priced around the current mark, the market is gathering steam again, this time with well vetted ICOs with good business plans and value props as the market matures and the scam ICOs are outed. It’s here to stay, and yes there will be bubbles. Funny how it is that price volatility and free markets go hand in hand :) , especially in what is essentially an early adopter phase of the market for investors, the less regulation and the more clear governments are, will see such jurisdictions applying such principles to be the big winners in 2018 (Gibraltar, Cayman Islands, BVI, Singapore, etc.., definitely not the USA or Canada and others of a similar ilk)