Yes it already secured it's position in the year 2017, many people are now days looking some thing new in their daily life so my though is government should elaborate bitcoin technology through out the world wide and make announcement that bitcoin can use able like gold. Bitcoin is completely digital currency and is limited we cannot able to mine more than that like gold.
I think in this year the price of bitcoin will increase and many people will start to use it. Furthermore, I think the knowledeg about bitcoin will spread in all country and I guess many potential investors will invest in bitcoin. I think at the end of this year 2017 the price of bitcoin will rapidly increase.
Of course it is a big blunder I think that china banned ICO and this action effect bitcoin trading. The investors are thinking some other business like altcoin, because of the falling price of bitcoin. But I feel till the end of 2017 the price will rise again and the holders will make more money due to up growing price. I think 2017 will be the year of bitcoin and there is no need to be panic of anything else.