Hello, i would like to point out that a practical, widespread and usable crypto currency needs to fulfill 3 criteria:
1.) Low transaction cost - e.g. to buy a pizza without large addition costs
2.) Stable curency - e.g. if you sell the pizza you want to be sure that the currency is stable for the next days.
3.) Fast transaction - both people in the pizza place do not want to wait log to perform the exchange (pizza vs. currency)
I think Bitcoin does not fulfill most of the criteria today. However, we gridcoiners should not hope for an infinite rise. An slow and steady rise which covers a good fraction of the electricity costs would be a good plus point for GRC (thus of course depends on your electricity costs).
True, a stable and good fee structured coin is preferred.
However, this rise in price recently is most likely based on the fact that it's been undervalued for a very long time and as new users comes in they increase the buying power, as well as larger investors see the potential in the coin and invest.