Hi, newbie here to give my two cents. I agree that there is a cycle to things of value and a few factors in 2017 has contributed to its high that year. However, I also believe that bitcoin is fundamentally treated as digital gold. The commodity tagged to bitcoin resulted in the fluctuating prices but ultimately, it is a supply and demand game. As long as demand for bitcoin is not high, the price will remain low.

So how do we create demand? I believe the utility of bitcoin needs to expand, it needs to be used for payments or transactions, bitcoin needs to serve its purpose of being created in the first place. However, till now, only a handful of merchants or businesses accepts bitcoin as payment. If only the big players that benefited from the 2017 bull would establish businesses that accept bitcoin as payment, creating an economy around bitcoin?

An even more far-fetched idea, maybe establish a town that uses bitcoin as the only accepted currency? That will be awesome! Maybe cause I am still new to the scene, I find the possibilities extremely exciting.