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So, I've read some things since, and I think I might have been wrong. Some people think the November spike was largely due to BTC China, and Chinese interest. Since the spike, the Chinese government has steadily increased regulations, with perpetual rumours of an outright ban. It's possible it's still Gartner's cycle, with China as a major player. But it's also possible the steady increase in regulations has steadily scared Chinese adopters away.