Will 2017 be a headline-making year for bitcoin?

Indeed, that headline-making development would be the first of many to come for 2017. In this article, we look at some of the major moments for bitcoin's price during the last 12 months, a period of time that saw the price of bitcoin climb from below $1,000 to nearly $20,000 on the CoinDesk Bitcoin Price Index (BPI).

Will bitcoin cross $1,000 on New Year's Day 2017?

The chart above says it all. One year ago as of the time of writing, the price of bitcoin traded between $930 and $978 – movements that perhaps set the stage for the cryptocurrency's value to cross the $1,000 on New Year's Day. Indeed, that headline-making development would be the first of many to come for 2017.

What happened to bitcoin in May?

As May drew to a close, the price of bitcoin climbed above $2,000 for the first time and surpassed $3,000 just weeks later. At the same time, those price milestones were often accompanied by subsequent turbulence, including a drop of $300 within one hour just a day after the $3,000 line was first crossed.

What is the sad state of being a bitcoin Dev?

The sad state of being a Bitcoin dev after having been harassed by frauds and scammers for a decade. Shame on them and shame on Bitcoiners not helping more. In 2010 a website that uses Bitcoin asked me if I wanted to purchase Bitcoin for $5 and they’ll give me $10.