Anyone here got into crypto before 2017? How was it before the hype?

[blacknight789]

I think the circumstance before the publicity is nearly the same as the present condition, before the promotion the market still full with whales, the pump and dump aggregate were scattered in wherever the ICO notoriety was somewhat better before the publicity, numerous great ventures showed up, the main distinction was its less demanding to win bitcoin before the promotion.

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[suvo05]

I got into the crypto in 2015. Actually I know about it though a online betting website. That time only a very few people know about it.
I joined this forum later on 2016 but still I don't have any clue about what was going on here. I used to come here and find new betting websites, there was some website who were making give away like 0.00100000 btc or 3000 DOGE just for joining them.

[cryptocoinshunter007]

Before 2017 the market was at it's best phase I think. People knew less about bitcoin and only real enthusiasts invest that time. And the crypto projects were also qualityful and there was almos 0 scams. But, all changed after 2017.

[coinages]

Before 2017 the hype was not strong like now but the maket was solid. There was almost no scams in the market and only real enthusiasts invested in the market. in 2017 the hype was created and now the market is in this condition.

[billygarrison]

I joined bitcoin before 2017.
I think 2017 is the worst year for bitcoin, in 2016 I saw that the crypto market was very good, unlike at the moment.
During 2017 until now it was very difficult to make a small profit, I hope the market will return to the same as in 2016 yesterday.

I also miss the stable bitcoin market before 2017-2018 and I've also gotten a lot of profit in 2015-2016, and now the price of bitcoin is getting harder to predict.

[sufiasyl]

I heard about cryptocurrency especially bitcoin while I was trading in the forex market in 2014-15. But like nowadays, I was fearful of being it a hype I didn't invest in bitcoin. But you know what happened later. Unfortunately, While I invested, The market has been down. Yet, I hope, That market will come back again.

[TheBitcoinBadger10]

It was not so different then present time, the situation was almost similar. But that there was not this much popular altcoins and the market of altcoin was not this high which now creates more opportunities in crypto.

[maxilopez]

personally, I first heard about the crypto currency in 2015 and then felt that it was complete nonsense and did not buy it. after a year and a half entered the market when I saw that this technology is not what survived, but on the contrary, even added to the price

[NeuroticFish]

Thank you for this great answer.
What do you think about the bearish market in the last few months?
Do you believe it gonna recover any soon?

Logically and mathematically Bitcoin should grow. The adoption is big and rising, the coin development is on thew right direction and we talk here about a coin with limited supply.
But by my logic we should not be bullish for months already, still the market doesn't go by my logic.

Unfortunately I don't have a crystal ball either. So I just don't know what's going to happen on short term. Sorry.

[audaciousbeing]

I actually got in, in 2016 and the hype was pretty much there too. I could remember that during the time, bitcoin price was below $1,000 and all attention was always on getting the price to $1000 but because of the insatiable needs of human being, we tend to ask for more. The moment $1,000 was touched, then next is $1,500 and on like that. This was what happened till mid 2017 where price was hovering between $3000 and $4000 but took a downturn because of the uncertainty about the upcoming BCH fork.

The height of the hype was witnessed towards the end of 2017 when the price of BCH was on the rise, other forks were coming out which a lot of people believed its an avenue for free money couple with the mass publicity of various social media platforms, We left the below $10,000 to above the $10,000 region. While this was going on, a lot of speculations were fueling the rise but several people even on the forum were talking on exercising some cautions on the basis of the increase although deep down, every one was smiling. But unfortunately, its not something that will last forever and that is what we are seeing now.

[jonathan6655321]

I heard about cryptocurrency especially bitcoin while I was trading in the forex market in 2014-15. But like nowadays, I was fearful of being it a hype I didn't invest in bitcoin. But you know what happened later. Unfortunately, While I invested, The market has been down. Yet, I hope, That market will come back again.

Maybe now you got in the right time;)

[DRVX]

I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?

Before 2017, it might still be a waste because Bitcoin prices at that time were still small at the end of 2017 and could only feel the poor results that our coins could collect for ourselves.

Oh, I used to mine Bitcoins even in 2013. Then I decided to sell everything that I earned. later, in 2015 I started trading and still I am dealing with this business. It is a fun and an additional money I can get fast.

[jagdeepjd]

I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?

I got into crypto towards mid to end of 2016 by way of investing into Ponzi schemes and then, later on, In may 2017 I got to know about the trading process how we can trade our coins with BTC and vice versa. The manipulation was still there I think but then it was taking the bitcoin upwards and it was not manipulated in a certain price range like it is now(i blame futures market for this). Ico,s were a big thing back then no one wanted to miss out on the crazy gains which ICO's were providing unlike now.

[Starkick]

I'm always wondering who are these people who invested in crypto in 2012 for example At that time it was something totally unknown and I don't think that someone really believed in it. Don't think something same will appear in the nearest 50-100 years.

[BlockchainGod]

I first heard about bitcoin in 2013\2014, and it was interesting. Then people on this forum really spoke but did not write posts for money.

[TheUltraElite]

Thank you for this great answer.
Seems like you have some experience that's for sure.

You could say that but I am sure I am just a small fish who likes to read more than talk. I tend to observe what others are doing and take decisions accordingly.

What do you think about the latest market dump?

Dump and pump is a continuous cycle. Just the amplitude of this cycle varies. Note that in the past every dump has been associated with a pump and vice versa. In my opinion every pump or dump is temporary and you should act decisively to profit from the same in terms of fiat or crypto.

does it seems to you like manipulation?

May be or may not be.

and how do you think the market will react in the close/long term.

My take is bullish on every crypto market. Be it bitcoin or any other altcoin.

I've been HODLING in the last few months and lost a lot of money. I'm HODL till the end, But I would really love to hear from someone more experienced than I do what's their opinion is.

Possibly you entered the market in a wrong price range. If thats the case you should not panic sell but hodl till the price crosses again. Then get in at a lower price - watch the market cycles closely to identify which point to enter and which point to exit.

[Thirdspace]

Was the market easy to manipulate?
pump and dumps were more common?

not quite sure but people were more cautious and not as many people into crypto yet
pumps and dumps were just about the same frequency and amplitude,
the difference is the increasing number of people involved and the total sum of money transacted

Were people more into ICO's? the ICO image was better than it is today?

back then you need to have your own blockchain for each coin, unlike easily created tokens
with altcoins the common scam was hidden/misused premined coin for developer's own profit
I think ICO started just a couple years back (2015/2016??) when ETH introduced digital asset or smart contract
since then we get flooded by numerous ICO token projects and peaked sometime in 2017

[Shtamm_oval]

It seems that nothing has changed, only the bottom of the big event was last year, it's bitcoin jumps, which reached a very high price and impressed many people, since at that time it was very unusual.

[Legendari]

Before HYIP bitcoin forum was clean of bounty hunters.... It was a great time) then bitcoin was the currency of geeks and programmers and there were few people who believed that it would reach$20,000

[Shatterlean22]

I've been around since 2016 and I can say that things were not like this back then, ICOs then are well presented and you can hardly stumble upon a fake project ,now that cryptocurrency is getting more popular I guess all eye are on crypto,both ravens,sparrows and eagles eyes .I'm not surprised though because this is what happens when something or anything gets popular ,both good and many bad will follow.