I just found this old article: https://qz.com/11719...arch-institute/
1. The value of cryptocurrencies continues to growWe still remain positive on the market as a whole. Forget about a massive and permanent crash. Cryptoassets will be volatile, and there will be melt-downs, but expect an overall increase in value, as long as innovation in functionality continues.We are still in the early stage. Oddly, bitcoin’s meteoric price rise makes it easier and not harder for new investors to justify stepping in as it is now a large asset class too big to ignore. 2018 will see widespread institutional buying of bitcoin and other cryptocurrencies but buyers beware—for bitcoin to sustain its rally, scaling solutions must work in the real world, and critical governance challenges must be resolved.
The price of one Bitcoin was about $17,000 on January 1, 2018, and about $3,700 on December 31, 2018.