Re: 2017 Year of the Bitcoin

I hope that 2017 is going to be the year of the Bitcoin because 2016 has not done much for us because most of time the price has been stable.
If this is going to be also the case in 2017 then it is going to be another boring year for Bitcoin.

It is very hard to know what is going to happen to Bitcoin, but we should just be patient and we could get rewarded. And I definitely agree with you, 2016 was definitely not the year of Bitcoin, with the price dropping at the start.

I think we saw some best price of bitcoin in this year before the halving so we cannot say that this was the bad year for bitcoin and we may see much higher price as we get close to the end of the year.

You know why people say it's a bad year? Because they have bought their coins after the block halving because they were expecting the price to shoot up. And exactly that didn't happen. That's why they are disappointed in this year.

if you look in that direction last time price went up after halving in late October and early November if the path is the same then we can expect similar in next few weeks