I think if you look at the whole thing from a value perspective you'll find that the explosive growth of the value of BitCoin is being driven by the general investment in decentralized technologies at large. We're seeing spikes because of speculation from investors who operate terms of short-term profits. I think as time goes along we'll see healthy growth over time along the spectrum of different cryptocurrencies that are currenctly in circulation. I think ICO's are where it's at for the next few months until Bitcoin enters into the pre-20,000/Coin range.
What do I know though I'm just an idiot.