Also, the Indian government's currency "controls" seem to be playing a large role -- opening the market wide up for this; ~https://goo.gl/WhVuta ['Indian Bitcoin Buying Reaches $985 as Exchanges Push for Adoption During Demonetization']. I don't think this trend is likely to reverse much, even if the Indian government tries to undo this 'damage' (progress).
Bitcoin = $894.00
Governments banning citizens from government's currency = priceless
:-)