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Author Topic: Was 2017 the "Golden Year of Crypto"?  (Read 35777 times)
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October 08, 2020, 11:51:21 AM
 #121

In my opinion, I won't really call this a golder year, sure many people got rich during this year, but many more lose a lot and was driven to madness at the same time. Golden age perhaps for those who got to the moon and bought their own Lamborghinis after they got the millions. Me and the troops always think that the decline of the price was mainly a correction of the hype that was given to Bitcoin. It corrected and then it declined and decreased. Pity those who bought it at it's peak. But just wait for it and there would be another golden year of Bitcoin and the Alts.

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October 08, 2020, 01:43:46 PM
 #122

2017 was an extraordinary year, only by becoming a bounty hunter could one become rich. but they forget this is only for a while and eventually become poor again and finally they leave, and when crypto 2020 starts to rise many people rise up and all hope that the coming year will be even more extraordinary than 2017,
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October 08, 2020, 02:20:25 PM
 #123

I agree on that, that in 2017 it was a time where everyone got a fantastic income, but many speculate that 2017 was the beginning of the Crypto revival, have you ever read the news or heard a prediction that in 2021 is the emergence of Cryptocurrency where everyone believes that this year there will be a significant increase in prices, hopefully it is true that 2021 will have a large increase like in 2017 ...
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October 08, 2020, 03:15:14 PM
 #124

I don't think so, because how can you say and define that 2017 is a Golden Year if during that time many people have become a victim usually the Noobs and many other investors that were suffered from huge losses because of the year 2017 crypto bubble. But I agree that during the Year 2017 Bitcoin will become more popular up to these days. 
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October 08, 2020, 03:57:29 PM
 #125

In my opinion, when compared to current conditions 2017 was a golden year for crypto because the price movements were very high at that time and crypto has made history in its price. but I am sure in the future crypto will again create a new history and can even surpass prices like in 2017.
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October 08, 2020, 06:43:08 PM
 #126

It was definitely the best year of crytocurrency to me I got so much in 2017-2018 from bounties.A few bounties at that time can easily pay hundreds of dollars to bounty hunters especially if someone put on a signature campaigns unlike now where we only get very little for bounties.The only regret I have is that I did not invest in any projects at that time.

It seems that 2017 was yesterday. That time most people really understood that we have entered a new era of cryptocurrencies. Almost all started to take crypto as something, which is not vague, not “virtual” only, but the thing that can affect the life and change it for the better.
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October 08, 2020, 06:48:05 PM
 #127

I also think that 2017 was the golden year of Crypto. Because in that year Bitcoin price was hit highest price and that was 20k $. Every coin price was risen in 2017. That was the great year for holder. They made huge profit by holding coin. Hope that Come back that day. Also in that year so many good and successful project was launched.

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October 08, 2020, 06:55:25 PM
 #128

yes it is. It's true that 2017 was the year cryptocurrency took a big hit. most of the investors have made big profits at that time including me one of them .. but at the moment the crypto market is not supportive, the price of the top coins has not reached the highest point yet. I still hope that the golden year can be repeated.

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October 08, 2020, 07:36:38 PM
 #129

Q4 of 2017 and Q1 of 2018 is the most golden period for everyone related to cryptos even bounty hunters made thousands to millions by doing simple tasks even when they have not much knowledge related to cryptos.

 I agree with your statement, sir. It was those dates that crypto pumped hard, however the higher it pumped the steeper the dump that happened then. I still can remember when I am just a bounty hunter back then that I earned a lot from it and able to support myself from my studies and now a professional. I hope it will pump again soon.
What was the "golden time" before 2018? The Marketcap increased incredibly every golden time. I'm ready for the next opportunity in 2018. I'm worrying about golden time because everyone started to invest later frustrated. We shouldn't invest in every project as we are now doing. Until this time 2018 was the golden year for crypto but next Golden time will be excel trillion USD.
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October 08, 2020, 08:02:11 PM
 #130

Until now 2017 remains the best, almost all ICOs in that year get the highest sales target before the ICO ends. and people in droves want to buy before they are on the exchange. because almost any ICO can benefit x10 - x100 in just a few days.
There won't be another year to compare with the 2017 crypto age. This year was the best year for anyone who choose to make an investment with this technology, millions of new investors made some good catches from this program. I could vividly see the 2017 to be the very best year for cryptocurrency existence. What have been seen today through defi system is just a little of the 2017 ICOs and can't measure up with them if we're to compare the years. Though, we hope to see another golden year aside the 2017 which drawn millions into cryptocurrencies.

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October 08, 2020, 09:30:08 PM
 #131

2017 began as a bullish year for Bitcoin and other cryptocurrencies on the market. I remember when BTC went from $1k to almost $20k in just 2017 alone. That's a massive price increase never before seen in the history of crypto. During that time, new projects started to rise with ambitions to make our world a better place. ICOs where a big hit, followed by Bitcoin-based forks like Bitcoin Cash and Bitcoin Gold. Many who invested prior to the bull market of 2017, have made exponential gains in a short amount of time. It was crypto's best moment as it went into the mainstream so quickly.

Once 2018 started, prices for major cryptocurrencies went all the way down the drain. Governments imposed heavy-handed regulations against ICOs, reducing the demand for ETH and its tokens on the market. At the same time, some countries banned crypto from being used by their citizens. Many negative events happened in 2018, which stifled crypto's growth in the mainstream world. Then came 2019 that was almost the same as 2018, and now it's 2020 where people are starting to buy crypto once more because of the negative effects of COVID-19 on the mainstream economy. Yet, Bitcoin and other cryptocurrencies are still behind their latest ATH  (All-Time-High) in price. With BTC's Third Halving , prices should've been within the $15k range by now. Still, crypto is not the same as it used to be back in 2017.

Do you think that 2017 was the "Golden Year of Crypto"? Or is the best is yet to come? Your input will be greatly appreciated. Smiley
Do not feel discouraged and never feel hopeless, soon we will see market back into bull season.
Yes 2017 proved to be massive year for many many crypto supporters but hopefully 2021 will be even bigger. I am very bullish about next year and i think the whole year will be dominated by bulls.

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October 08, 2020, 09:33:12 PM
 #132

2017 began as a bullish year for Bitcoin and other cryptocurrencies on the market. I remember when BTC went from $1k to almost $20k in just 2017 alone. That's a massive price increase never before seen in the history of crypto. During that time, new projects started to rise with ambitions to make our world a better place. ICOs where a big hit, followed by Bitcoin-based forks like Bitcoin Cash and Bitcoin Gold. Many who invested prior to the bull market of 2017, have made exponential gains in a short amount of time. It was crypto's best moment as it went into the mainstream so quickly.

Once 2018 started, prices for major cryptocurrencies went all the way down the drain. Governments imposed heavy-handed regulations against ICOs, reducing the demand for ETH and its tokens on the market. At the same time, some countries banned crypto from being used by their citizens. Many negative events happened in 2018, which stifled crypto's growth in the mainstream world. Then came 2019 that was almost the same as 2018, and now it's 2020 where people are starting to buy crypto once more because of the negative effects of COVID-19 on the mainstream economy. Yet, Bitcoin and other cryptocurrencies are still behind their latest ATH  (All-Time-High) in price. With BTC's Third Halving , prices should've been within the $15k range by now. Still, crypto is not the same as it used to be back in 2017.

Do you think that 2017 was the "Golden Year of Crypto"? Or is the best is yet to come? Your input will be greatly appreciated. Smiley
Do not feel discouraged and never feel hopeless, soon we will see market back into bull season.
Yes 2017 proved to be massive year for many many crypto supporters but hopefully 2021 will be even bigger. I am very bullish about next year and i think the whole year will be dominated by bulls.
Last year many users have repeated the same hopes for 2020 but nothing positive happened as you can see. Maybe next year will be different but I am speechless when I see manipulators control the total crypto market. The golden year of crpyot markets was 2017 but almost 90% of market nature has changed since this date.

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October 08, 2020, 09:37:06 PM
 #133

2017 began as a bullish year for Bitcoin and other cryptocurrencies on the market. I remember when BTC went from $1k to almost $20k in just 2017 alone. That's a massive price increase never before seen in the history of crypto. During that time, new projects started to rise with ambitions to make our world a better place. ICOs where a big hit, followed by Bitcoin-based forks like Bitcoin Cash and Bitcoin Gold. Many who invested prior to the bull market of 2017, have made exponential gains in a short amount of time. It was crypto's best moment as it went into the mainstream so quickly.

Once 2018 started, prices for major cryptocurrencies went all the way down the drain. Governments imposed heavy-handed regulations against ICOs, reducing the demand for ETH and its tokens on the market. At the same time, some countries banned crypto from being used by their citizens. Many negative events happened in 2018, which stifled crypto's growth in the mainstream world. Then came 2019 that was almost the same as 2018, and now it's 2020 where people are starting to buy crypto once more because of the negative effects of COVID-19 on the mainstream economy. Yet, Bitcoin and other cryptocurrencies are still behind their latest ATH  (All-Time-High) in price. With BTC's Third Halving , prices should've been within the $15k range by now. Still, crypto is not the same as it used to be back in 2017.

Do you think that 2017 was the "Golden Year of Crypto"? Or is the best is yet to come? Your input will be greatly appreciated. Smiley
For Bitcoin 2017 was definitely a golden year especially the second half it was literally mind boggling to see massive bulls and i still remember waking up everyday to see btc value increasing 500 to 1000 everyday that was reqlly intense bull phase to say the least. I hope similar market will be back soon.

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October 08, 2020, 09:47:48 PM
 #134

It cannot be argued that 2017 has become the "golden year of cryptocurrency" as we are in the very early years of cryptocurrency development.  I think there will be many surprises in the future that will lead to the emergence of new altcoins that will attract attention.

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October 08, 2020, 10:14:16 PM
 #135

Of course 2017 was the best year for cryptocurrency, when 2017 was very easy to generate 10x-100x profit. And I am sure the events
that happened in 2017 will definitely repeat themselves, many predict that this year will be repeated like 2017. But the fact is that there is
no significant increase in the market this year. Based on my predictions that 2021 will be the Golden Year of Crypto, because usually one
year after the halving there will be a quite high price increase in the crypto market. As happened before, in 2016 there was a bitcoin halving
and in 2017 the crypto market experienced a very high increase.

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October 08, 2020, 10:19:24 PM
 #136

Of course 2017 was the best year for cryptocurrency, when 2017 was very easy to generate 10x-100x profit. And I am sure the events
that happened in 2017 will definitely repeat themselves, many predict that this year will be repeated like 2017. But the fact is that there is
no significant increase in the market this year. Based on my predictions that 2021 will be the Golden Year of Crypto, because usually one
year after the halving there will be a quite high price increase in the crypto market. As happened before, in 2016 there was a bitcoin halving
and in 2017 the crypto market experienced a very high increase.
Your prediction will be wrong because, in 2021, investors will not take risks by entering the crypto market if there are no critical events that occur in this world. 2017 will not be repeated because, in that year, all investors are still curious and trying crypto commodities.
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October 09, 2020, 04:01:28 PM
 #137

There are still probability that we will never see bull run like this again...
There are possibilities of all kind and I agree that after the blatant drop a few months ago people are scared and think that bitcoins might drop anytime but the truth is how bitcoins held during these covid times is actually quite great in itself.

What happened in 2017 was once in a blue moon event. I don't think that it will repeat ever gain. Bitcoin went from $900 per coin to $20,000. Many of the altcoins went up by 100x and even 1000x. This created a lot many billionaires and millionaires out of thin air. The media coverage was mostly positive and as a result a lot of people invested in cryptocurrencies. Unfortunately, some of them made their investment in shitcoins and lost all of their capital.
Yes the growth in terms of % might never be reached again because growing from 900 to 20k is just a different level of growth and after so much popularity now a lot of bitcoin holders are there so the price would never grow at the same rate again but then I am quite sure the overall price in terms of USD will soon and surely cross the 20k mark which people often call as ATH price.
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October 09, 2020, 04:16:18 PM
 #138

2017 began as a bullish year for Bitcoin and other cryptocurrencies on the market. I remember when BTC went from $1k to almost $20k in just 2017 alone. That's a massive price increase never before seen in the history of crypto. During that time, new projects started to rise with ambitions to make our world a better place. ICOs where a big hit, followed by Bitcoin-based forks like Bitcoin Cash and Bitcoin Gold. Many who invested prior to the bull market of 2017, have made exponential gains in a short amount of time. It was crypto's best moment as it went into the mainstream so quickly.

Once 2018 started, prices for major cryptocurrencies went all the way down the drain. Governments imposed heavy-handed regulations against ICOs, reducing the demand for ETH and its tokens on the market. At the same time, some countries banned crypto from being used by their citizens. Many negative events happened in 2018, which stifled crypto's growth in the mainstream world. Then came 2019 that was almost the same as 2018, and now it's 2020 where people are starting to buy crypto once more because of the negative effects of COVID-19 on the mainstream economy. Yet, Bitcoin and other cryptocurrencies are still behind their latest ATH  (All-Time-High) in price. With BTC's Third Halving , prices should've been within the $15k range by now. Still, crypto is not the same as it used to be back in 2017.

Do you think that 2017 was the "Golden Year of Crypto"? Or is the best is yet to come? Your input will be greatly appreciated. Smiley

Up until now that can be considered Golden event but before that Golden even was when bitcoin hit from pennies to $1000. It really depends on the perspective and I think there were will be plenty of opportunities in the future for people who choose hodl for long term and ignore the short term bumps. Right now even the stock market is quite frisky due to covid-19, this is not the time to be scared but use it as an opportunity to enter the market or cry later.

Remember, btc went from $1000 to $300 and people were saying it would never go back to $1000 but look at where we are now.

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Ezravdb
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October 09, 2020, 04:46:04 PM
 #139

After 2017 passed, there was no new ATH that was able to be achieved by the king of Altcoin (ATH). Of course it is a separate assessment where ETH and BTC reached ATH in yearn (2017). The era that will come will not necessarily be as beautiful as in 2017 because in the current era, there is often news about fraud in the cryptocurrency world or frequent exchange hacks like what happened in the kucoin market recently.

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alisonwonder
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October 09, 2020, 04:52:20 PM
 #140

Of course 2017 was the best year for cryptocurrency, when 2017 was very easy to generate 10x-100x profit. And I am sure the events
that happened in 2017 will definitely repeat themselves, many predict that this year will be repeated like 2017. But the fact is that there is
no significant increase in the market this year. Based on my predictions that 2021 will be the Golden Year of Crypto, because usually one
year after the halving there will be a quite high price increase in the crypto market. As happened before, in 2016 there was a bitcoin halving
and in 2017 the crypto market experienced a very high increase.
Your prediction will be wrong because, in 2021, investors will not take risks by entering the crypto market if there are no critical events that occur in this world. 2017 will not be repeated because, in that year, all investors are still curious and trying crypto commodities.
indeed that is because no one can guarantee the prediction and of course the price of cryptocurrency will always have price movements that are difficult to guess, so investors prefer to try new products in 2021 such as defi projects that make many investors and investors. the rich have great success.

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