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For 2017, i don't think it will be a year of bitcoin. Because there is no big news on 2017, but we don't know though.

So you already know the news for 2017? Care to share?

Rico

The development of the bitcoin has slowed a lot recently. I think the trend will continue in 2017. So the price will not rise much.

Maybe the more cryptocurrencies introduced in the market the more it slow down? It probably creates more confusions especially to newcomers and to most people that have less or no knowledge at all.

Bitcoin will always be there holding some price, but I think 2017 will be the year of altcoins and we will see many new and innovative coins launched by that point.

The thing with altcoins is that they are only having gimmick features that are nice to talk about, but in reality don't get used a lot beside for speculation purposes.

playing with altcoins is mostly gamble if you pick good or right one you will gain profit in other case you will lose short term is good but only for very short period

In every business their is always profit and loss , it is upto us to chose the correct product and when to sell and when to hold, Loss mostly occurs due to greediness. In Altcoins leaving some coins with good projects which is true that altcoin you can hold for long, balance most of todays new coins are just pump and dump, If you start to love Altcoins just like bitcoin for long term, then you will be in loss, as out of 10 altcoins 9 will die and 1 can give you profit, but that 1 coin profit wont compensate your loss.

I think coming year 2017 bitcoin will get more support from Altcoin as in the market their are lot of new coins coming in that some of them are really in good project so it will give more support to bitcoin as everyone knows that in the end every altcoin users have to sell it for bitcoin.