I still considered myself as a newbie when it comes to Bitcoin and cryptocurrency in general since I started to get involved with this whole thing maybe around one and a half years ago. Right now, there are still so many technical jargon that I find challenging to grasp with (though am trying believe me!) as my education continues here in this forum and elsewhere.
I find the whole Bitcoin ride akin to a roller-coaster with its ups and downs. One of the most important facet of Bitcoin I realized is that it is not a tool to change a part of the human nature as we are still bringing in our greed and weaknesses into the table...as evidenced by all the dynamism involved in the bigger cryptocurrency market.
All the excitement and glamour in Bitcoin is embedded in its dramatic twists and turns...and this is something we have to live up for as long as we are part and parcel of this industry.
Hopefully, in 2018 we can be witnessing more of this drama right before our gadget screens...!
Just this year alone, so much drama and its like watching a soap opera. Better get your popcorn ready. If I can remember a few twist and drama.
1] The whole expectation that SEC will approved the Winklevoss twins application for a ETF. Price shoots up, however, SEC denied it causing the price to go down to $900 and FUD waves comes along saying bitcoin is dead.
2] Japan then entered the pictured pushing the price to the next level.
3] ETH surges again. Then their is the talks of flippening. Didn't happened. LOL
4] The whole scaling debate that is still ongoing today. Segwit is activated in August. Then the rest is history.
5] China and the Jamie Dimon saga. Pulling the market to a crash.
6] Bitcoin Cash attacks bitcoin and try to brought the market to a near crash. They failed. Bitcoin wins.
So with that said and with all the happening and event this year, it was truly a roller coaster ride, a lot of ups and downs and then the subsequent recovery to even greater heights. So its really like a soap opera.