Bitcoin progress in 2017

[JanpriX]

Bitcoin this year reached many corners of the world and became more visible by the community. More and more people are getting aware of it and became interested to it. I have a friend whose only focus in the past years is only about stocks and commodities. Just recently, he stumbled upon BTC and got hooked with it. But, as we may have noticed, getting well-known has its own cons. Problems arose such as long confirmation time, high network fees, etc. All in all, Bitcoin's progressing well this year and looking forward to what it will offer in the future.

[FlightyPouch]

Bitcoin is really popular to people because of its price, still many people want to invest their money in this digital currency because many people has successfully gained profit from it. I think Bitcoin progress will increase more and more every year, not every year, maybe every half a year.

As long as there are people who support and use bitcoin, it will be more progressive than ever. Here in our country, there are only a few that use bitcoin though it is now acknowledge by our banks, which is really for me, a big progress because it will help the people to know bitcoin when banks are accepting them.

[Creepings]

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

Many governments of the world do not like this progress. Especially China. And they first began to panic and establish different rules.
But despite this bitcoin continues to exist.
If he survives a fork without loss, then he has nothing to fear

We people are more powerful than those government, we are the one that elect them si they must be worthy of that selection. And I think that the government will nover stop the people using bitcoin, especially when there are lots of people who are using it. And I think some of the governments are supporting bitcoin, they just need to it more.

[ufaiz50]

I think bitcoin has a great future and the era of currency maybe it's true. increasing interest everyone in bitcoin make bitcoin became famous around the world and the prospect of increasing bitcoin on year although this year there was a slight problem like transaction confirmation I think it's a gravel for bitcoin and the price of bitcoin fell last week certainly bitcoin prices will increase from the previous

[Rahar02]

good stats, but please add some proper formatting to your post. using bullets may be a good idea, it makes the post easier to read and understand.

and about localbitcoins i have to say you could have gained the statistics based on country in order to see which one has spiked, and yes in China the volume coming from LBC has gone up even since PBoC but i am expecting a drop since they are going back to their exchanges.

Edit: ah what the heck let me do it for ya (added 1):

• Bitcoin has been above four digits for the longest period ever.
• Localbitcoins trading volume have reached $32 millions per week. This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.
• As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.
• Bitcoin ATMs have reached around 1081 ATMs across 56 countries.
• US and Europe share largest share of bitcoin ATMs.
• Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.
• Bitcoin progress continues on and on.
• Bitcoin node count has been at its peek around 7000 after a long time

It become easier to understand with some points.
Every increase of bitcoin is a good thing, except for unconfirmed and transaction fee.
But, I agree that Bitcoin ATMs isn't optimal as people prefer to purchase/transact online, moreover if bitcoin ATMs has higher exchange rate than average price/fee.
The best achievement of bitcoin in 2017 must be pass through $1000 wall and reach $2000 or at least $1500 consider as good price.
However, bitcoin problem regarding the block size limit and unconfirmed transaction should be resolved as soon as possible to attract more adopters and merchants.

[mrcash02]

good stats, but please add some proper formatting to your post. using bullets may be a good idea, it makes the post easier to read and understand.

and about localbitcoins i have to say you could have gained the statistics based on country in order to see which one has spiked, and yes in China the volume coming from LBC has gone up even since PBoC but i am expecting a drop since they are going back to their exchanges.

Edit: ah what the heck let me do it for ya (added 1):

• Bitcoin has been above four digits for the longest period ever.
• Localbitcoins trading volume have reached $32 millions per week. This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.
• As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.
• Bitcoin ATMs have reached around 1081 ATMs across 56 countries.
• US and Europe share largest share of bitcoin ATMs.
• Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.
• Bitcoin progress continues on and on.
• Bitcoin node count has been at its peek around 7000 after a long time

It become easier to understand with some points.
Every increase of bitcoin is a good thing, except for unconfirmed and transaction fee.
But, I agree that Bitcoin ATMs isn't optimal as people prefer to purchase/transact online, moreover if bitcoin ATMs has higher exchange rate than average price/fee.
The best achievement of bitcoin in 2017 must be pass through $1000 wall and reach $2000 or at least $1500 consider as good price.
However, bitcoin problem regarding the block size limit and unconfirmed transaction should be resolved as soon as possible to attract more adopters and merchants.

For me the best achievement would be to solve the transaction delay issue somehow without a hardfork, which could destabilize the currency, creating a more serious problem than the transaction delays. Consequently, I believe it this happens, the price would increase as well, maybe reaching the $1500, or very luckly $2000.

[Rajchandu]

The best achievement of bitcoin in 2017 must be pass through $1000 wall and reach $2000 or at least $1500 consider as good price.
However, bitcoin problem regarding the block size limit and unconfirmed transaction should be resolved as soon as possible to attract more adopters and merchants.
I think bitcoin has a great future and the era of currency maybe it's true. increasing interest everyone in bitcoin make bitcoin became famous around the world and the prospect of increasing bitcoin on year although this year there was a slight problem like transaction confirmation I think it's a gravel for bitcoin and the price of bitcoin fell last week certainly bitcoin prices will increase from the previous

[jtipt]

This has definitely been a productive start of the year. Also most of last year was very good for Bitcoin with the price more than doubling.

Yes the price did double this year but so did the chance of hard fork by BTU. Bitcoin progressed really good in the begging of the year but in the pat month because of the hard fork rumours and many people not exactly what it is, a lot of people dumped bitcoin for ETH or other altcoins. Many traders also withdrew from bitcoin until the hard fork situation resolves. So there was both a upside and downside so far in this year.

[fitty]

This has definitely been a productive start of the year. Also most of last year was very good for Bitcoin with the price more than doubling.

Yes the price did double this year but so did the chance of hard fork by BTU. Bitcoin progressed really good in the begging of the year but in the pat month because of the hard fork rumours and many people not exactly what it is, a lot of people dumped bitcoin for ETH or other altcoins. Many traders also withdrew from bitcoin until the hard fork situation resolves. So there was both a upside and downside so far in this year.

I don't think that dump would destroy bitcoin. Before when it is approaching $1000 it suddenly drops into nearly $600. But it survives. Now it approaches $1400 then drops in $970. I think it is just normal that every time bitcoin is approaching to surpass its peak, the whales are dumping it to earn profit. For me, I am taking it as a great opportunity to stock my bitcoin at a low price and wait for its price to stabilize again. Then sell. I doubt bitcoin will be destroyed just by BTU.

[Zooplus]

This has definitely been a productive start of the year. Also most of last year was very good for Bitcoin with the price more than doubling.

Yes the price did double this year but so did the chance of hard fork by BTU. Bitcoin progressed really good in the begging of the year but in the pat month because of the hard fork rumours and many people not exactly what it is, a lot of people dumped bitcoin for ETH or other altcoins. Many traders also withdrew from bitcoin until the hard fork situation resolves. So there was both a upside and downside so far in this year.

I don't think that dump would destroy bitcoin. Before when it is approaching $1000 it suddenly drops into nearly $600. But it survives. Now it approaches $1400 then drops in $970. I think it is just normal that every time bitcoin is approaching to surpass its peak, the whales are dumping it to earn profit. For me, I am taking it as a great opportunity to stock my bitcoin at a low price and wait for its price to stabilize again. Then sell. I doubt bitcoin will be destroyed just by BTU.

The dump and pump are just normal but if you read between the lines you will understand that everything was just made to make a panic.
Check the trend and know where we are now, we have seen how unstable this market but we are still at $1,000.

[steampunkz]

I think this year bitcoin is still striving to aim higher even if there is BTU and Hardfork. I will still use bitcoin, Its been many years that have passed but bitcoin is still here. They say BTU will Launch in April but still I'm not giving up on bitcoin, Still Thousands  of people are using it. BTC will always progress and grow. Have faith guys

[carlfebz2]

This has definitely been a productive start of the year. Also most of last year was very good for Bitcoin with the price more than doubling.

Yes the price did double this year but so did the chance of hard fork by BTU. Bitcoin progressed really good in the begging of the year but in the pat month because of the hard fork rumours and many people not exactly what it is, a lot of people dumped bitcoin for ETH or other altcoins. Many traders also withdrew from bitcoin until the hard fork situation resolves. So there was both a upside and downside so far in this year.

I don't think that dump would destroy bitcoin. Before when it is approaching $1000 it suddenly drops into nearly $600. But it survives. Now it approaches $1400 then drops in $970. I think it is just normal that every time bitcoin is approaching to surpass its peak, the whales are dumping it to earn profit. For me, I am taking it as a great opportunity to stock my bitcoin at a low price and wait for its price to stabilize again. Then sell. I doubt bitcoin will be destroyed just by BTU.

The dump and pump are just normal but if you read between the lines you will understand that everything was just made to make a panic.
Check the trend and know where we are now, we have seen how unstable this market but we are still at $1,000.

When i was trying to draw a trend line and checking the candle stick patterns i can see that its on downtrend which we are preferring on technical analysis but prices would be really unpredictable because anytime it would pump and theres a time would dip because there are unexpected things does really happen.

[rajasumi3]

I think bitcoin has not progressed a lot in the last week of march .the price has slowed down and there is not so hike in the price till now .well i guess it is the best time to buy bitcoins and we can see the price hike in the 1 st week of april.

[UCHCHILD]

Actually, bitcoin really good this year, we have thousand per bitcoin unlike last year we only have 3 digits. So totally bitcoin is on its great progress.

[Owl_Fintech]

Bitcoin may be in a much better situation by the end of the year, it will all depend on how developers, miners and users will come to a consensus to resolve the scaling issue. From what I've learned so far, both sides of the debate have good points, but thinking in the long run, the best solution would SegWit implementation. Besides allowing LN, this solves the malleability problem. If necessary, the size of the block could be increased later.

[mornabo]

Actually, bitcoin really good this year, we have thousand per bitcoin unlike last year we only have 3 digits. So totally bitcoin is on its great progress.

in 2017 the highest price in the history of bitcoin occur. This especially new beginning of the year. certainly in a few months and then perhaps in the middle or the end of the year the price will be much higher

[Schuyler]

Bitcoin has been on a rollercoaster ride since 2017 began. We were enjoying continuous surges during the first two months and some steep declines in the last few weeks. There are talks of an impending hard fork which adds to the FUD and the volatility of the price. I think this is going to last a while and we can expect that the price continues to swing up and down as long as there’s no real solution to what we are experiencing right now.

[ice098]

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

Bitcoin continues to raise it's value in the market. It has been in the first place among other alt coins. We trust bitcoin so much therefore I think it will continue growing this year.

[MWesterweele]

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

Thats going to be a great year for bitcoin.Bitcoin has overcome lots of critical situations before and now its recovering from the problem due to BU.It seems world has recognized the true potential of bitcoin and we still waste our time giving importance to useless things like BU.

I agree. People are now get attached to bitcoin, they are already investing on it. People earn a little more tjan they are earning in their current work.I hope that bitcoin will increase its value more, for me to save a lot.

[CraigWrightBTC]

Actually, bitcoin really good this year, we have thousand per bitcoin unlike last year we only have 3 digits. So totally bitcoin is on its great progress.

Yes it is good on bitcoin's price, but the problem on block size of bitcoin is still not finish and still debating without ending
the comunity of bitcoin will become two bitcoin unlimited and bitcoin core, if the bitcoin hard fork be done in 2017
except price of bitcoin is going up bitcoin hard fork will become progress in 2017 I guess.