It was only last year that the frenzy in Bitcoin and alt coins began. Here we are now, well into 2018 and what have we seen? Stability. A trade volatility that has keep Bitcoin (on average) between the range of $8200 – $8800 Canadian. Only a few days has it spent outside of this narrow range getting over $10,000 for a few days before falling back into the window. So while this will not make all those people thinking they would be Bitcoin millionaires by the end of 2018 happy, it does do the cryptocurrency good in the long run by demonstrating the ability to hold value.
This very aspect, coupled with the behind the scenes development that will improve the overall utility of the coin is a sure fire way to improve user confidence for the long term view.