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Author Topic: 2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.  (Read 254 times)
Febo (OP)
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January 02, 2018, 03:12:47 PM
 #1

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585
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January 02, 2018, 03:21:44 PM
 #2

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585

The year we had was quite amazing but I fear it could be an outlier, although I like many would probably be happy if we can even have a year similar to that of 2012 or 2016 with around a 100% growth in bitcoin price.
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January 02, 2018, 04:15:10 PM
 #3

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585

The year we had was quite amazing but I fear it could be an outlier, although I like many would probably be happy if we can even have a year similar to that of 2012 or 2016 with around a 100% growth in bitcoin price.

We hope to still have many great years in the future, but I don’t think many years with over 1000% returns are possible. Even if we reached McAfee’s latest prediction, that could be achieved in a couple of years with those returns. So, I think it is more likely we’ll get two or three-digit percentage increases at most.

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January 02, 2018, 05:42:50 PM
 #4

i would consider 2017 the first best year for bitcoin really. mainly because all the previous years even the biggest rises of all times in the early years were 100% pure speculation game of people finding out about bitcoin and buying more of it driving the price up.

this year however there is still mostly speculation game but there are also a lot of real adoption for bitcoin. we are seeing real physical merchants out there accepting bitcoin that have never existed back in 2010,...

There is a FOMO brewing...
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January 03, 2018, 04:00:40 AM
 #5

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585
But this is true when we think of it in terms of percentage, when we see this in terms of dollars this has been the best year so far and seems like a breakthrough year to me, a year in which bitcoin is no longer a coin known to some people in an obscure part of the internet, bitcoin is finally going mainstream and we'll see more of this in the next years.

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January 03, 2018, 04:14:38 AM
 #6

That was nice number in bitcoin i am happy to see that every year was good to invest in bitcoin even small percentage of increase still there would be gives good profit to all of us. Now i am excited to see what would happen this year that is why for now i invest good amount of capital as starting for this year.
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January 03, 2018, 04:18:36 AM
 #7

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585
Bitcoin future is bright, we still wait the next halving. Many people will earn bitcoin as much as possible before halving happen. When the supply decrease 50% it will make the price rise to the moon.
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January 03, 2018, 04:28:14 AM
 #8

That’s awesome and gladly to be part even one of those year 2017 and looking forward for more great coming years in bitcoin and cryptocurrency future. Last year is the fastest increases in its history and to have that to be duplicated this 2018 is possible. I’d rather stay than leaving bitcoin as it help a lot of person like me to grow.
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January 03, 2018, 04:36:16 AM
 #9

The year 2017 was definitely the best, if you've invested millions in 2015 you will get 1000% return of your investment. The volatile nature isn't bad as we thought it would be, because of it we can buy cheap BTC then hodl and wait for another bullish run like 2017 were the price value reached $20k in just a few weeks.

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January 03, 2018, 04:56:09 AM
 #10

2017 was really the best year for bitcoin due to a lot of investor that has been joining bitcoin and theres a lot of mainstream media thats making bitcoin in its limelight, no expected that from $900 it would reach up to $20k in 2017,in just a whole year it the price change drastically.
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January 03, 2018, 05:17:08 AM
 #11

2017 was really the best year for bitcoin due to a lot of investor that has been joining bitcoin and theres a lot of mainstream media thats making bitcoin in its limelight, no expected that from $900 it would reach up to $20k in 2017,in just a whole year it the price change drastically.


Al over the world 2017 was the year for btc because every where in the world be it newspaper, print media, T.V etc one thing was common and that was cypto currency every where. Due to this wild spread news people started buying and the every one got aware about it. This lead to huge demand and the price rose very quickly.

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January 03, 2018, 05:20:43 AM
 #12

2017 was truly one of the best years for bitcoin and will also be known as the year that bitcoin grabbed the attention from investors. It is also the year that some major cryptocurrencies, not just bitcoin alone, transformed into real assets.

Hopefully, 2018 will bring more positive news for Bitcoin. The competition from other cryptocurrencies in the market is very stiff and bitcoin lost some of its market dominance to the altcoins.
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January 03, 2018, 05:26:19 AM
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I'm glad 2014 and 15 weren't that great, I was out those years. Biggest mistakes of my life.
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January 03, 2018, 05:29:22 AM
 #14

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585
But this is true when we think of it in terms of percentage, when we see this in terms of dollars this has been the best year so far and seems like a breakthrough year to me, a year in which bitcoin is no longer a coin known to some people in an obscure part of the internet, bitcoin is finally going mainstream and we'll see more of this in the next years.

The percentage represents the amount earned for anyone who bought.
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January 03, 2018, 05:51:52 AM
 #15

Yes Bitcoin is good in many years and it is true that the year 2017 was best for the bitcoin for several reasons like bitcoin was used for trading and for investment and it was used for payments in the europe countries as well. If we compare the previous years i think 2017 was very lucky for the investors because they have earned good amount over their investment in the crypto currencies.

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January 03, 2018, 06:06:03 AM
 #16

The past year was truely best for bitcoin since its startup, a lot of people were grasped into bitcoin trading, i  haven't seen such fastest growth in bitcoin ever before. People expect that 2018 would be more better and favourable to bitcoin and some altcoins as well. I hope bitcoin keeps all time high record during this year and we all achieve respective goals
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January 03, 2018, 12:01:24 PM
 #17

The year 2017 was definitely the best, if you've invested millions in 2015 you will get 1000% return of your investment. The volatile nature isn't bad as we thought it would be, because of it we can buy cheap BTC then hodl and wait for another bullish run like 2017 were the price value reached $20k in just a few weeks.

We can't never know how much the price is going to be, all of these is still some speculation to make so we never know how long is the price going to drop or rise. But what I can say here if you believe on bitcoin then you should set your logically amount that it will hit and after that you should sell it right away. This is the possible way to earn some profit

Mean while this year price is keep on rising, so I would suggest that hodl it will be a better option. 2018 will be the best since many speculation said it will hit $20,000-$30,000 again
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January 03, 2018, 05:11:00 PM
 #18

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585
2017 gave bitcoin it's break. It's stability and the quick growth on the price chart made bitcoin a very prospective investment. It even helped altcoins to grow as well. Increase in people's support helped bitcoin tackle volatility. It will mostly cross 30 k by the end of the first half of 2018.
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January 03, 2018, 06:03:21 PM
 #19

comparing from the previous years i think popularity of bitcoin was increase rapidly on 2017 and in that year also bitcoin has break people predictions with reach the highest price in the history and although possibly on 2018 bitcoin price will more higher than now but i would like to says i agree that 2017 is the best year for bitcoin and bitcoin users because investment in bitcoin is the right choice and not useless

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January 03, 2018, 06:16:21 PM
 #20

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585

Based on net growth and not percentage statistics, 2017 has clearly been the best year for Bitcoin with an opening at the three figure mark and closing at much over the five figure mark. Pretty sure the whole world of speculators were talking about $5k~ for the first 6 months of the year and Bitcoin breached all expectations reaching to as much as $20k.
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