Was 2017 the "Golden Year of Crypto"?

[Abiky]

Why was bitcoin "supposed" to be any price after halving.  2017 was certainly a good year but there were other years that were good too.  I dont know what you mean by golden years, but if after only 8 years crypto hit its golden age already were are in trouble lol.  People make too much of these short term highs and lows.

It's true that Bitcoin had good years in the past. However, it's believed that 2017 was the "Golden Year of Crypto" due to the massive increase in market prices in such a short amount of time. It was a special year where Bitcoin's adoption in the mainstream world grew tenfold. That certainly didn't happen when Bitcoin rose all the way to the moon during 2013. By that time, the crypto/Blockchain industry wasn't as vibrant as 2017. While everything went down the drain since the beginning of 2018, there's hope that crypto will reach new heights with every Bitcoin halving. Considering that Bitcoin went through its third halving in May 2020, it shouldn't be long enough before we experience another bull market. Already, prices seem to be rising at a slow and steady rate. It could be that 2021 will turn out to become crypto's biggest year yet.

No matter how you see it, there's no denying that there's more to crypto than meets the eye. It's never been about the price, but rather how useful crypto is relative to Fiat. I'd say crypto has gone a long way since its inception back in 2009. Bitcoin has been the most widely successful cryptocurrency hitting new ATHs every once in a while. You can take advantage of the ups and downs in price to profit within the short term. If everything continues the way it is, you and I will be able to become rich in the future. High prices or not, what matters is mainstream adoption above all else. Just my thoughts

[boltz]

So far yes , 2017 was indeed the golden year of the crypto if we talk about price movement but if we talk about technology I think 2009 , the inception year , was the golden year of crypto so it all depends on what are you focusing on , tech , price or both. If things goes in the direction we all want it , we might see 2022-23 the peek of crypto in both price and tech.

[Alohadanc3]

The crypto space is fully volatile and it goes ups and down by time to time. But 2017 was really a good year. Those who hold bitcoin or any bigcapcoins they gain huge amount of profit. After 2017 many years past but nothing like that year. I know people are talking about 2020 too and it is also a very profitable year for most of the people. But it's nothing like 2017. Because at 2017 the whole market go to its top. Now it's half of 2017. But many good new are coming to the market do eventually the market is growing let's see.

[fmz89]

The price has risen in the years 2011 and 2013 to levels higher than doubling 20 times, so we cannot say that 2017 is the golden year.
Because the price has reached its highest peak does not mean that the matter will repeat, but all conditions are ready for this to happen, especially after the repercussions of covid19.
If we are talking about investment, it is wrong to base investment analyzes on data from the past and to wait, hoping that the price will rise.

because under 2015 no many alt in present, 2017 maybe we call gold old days is many alt flourish at the peak their existence

mining began flourish again, like real oasis in the desert after ethereum came up and many other project begain using advantage of ecosystem

so many project gain 1000x and its first time crypto became mainstream, attracting lot of fresh investor

[mirgo1791]

yes might be so. as of first time i owned my crypto token as working of the different tasks online. and the latter i might collect of $1500 from trading/exchange and bounty with different offers from developer.

[trauchot]

In 2017, of course, there were many discoveries in the cryptocurrency field that helped cryptocurrencies reach incredible heights, but even before that, every year there were various discoveries and achievements that developed cryptocurrencies and still every year we see new achievements in the cryptocurrency field, so each year is something unique for cryptocurrencies.

[Abiky]

So far yes , 2017 was indeed the golden year of the crypto if we talk about price movement but if we talk about technology I think 2009 , the inception year , was the golden year of crypto so it all depends on what are you focusing on , tech , price or both. If things goes in the direction we all want it , we might see 2022-23 the peek of crypto in both price and tech.

Believe me, 2017 was among the best years crypto has ever had. Price-wise, Bitcoin and other cryptocurrencies went to the moon in a blink of an eye. Some say that the best is yet to come as Bitcoin underwent its third halving. 2021 may be crypto's biggest year yet where we experience a non-stop bull market. The crypto market may head towards a $1 Trillion USD valuation if demand increases at an exponential rate. Besides price, what matters is a cryptocurrency's technical direction and real use cases for the mainstream world. I believe that Bitcoin and Ethereum will be two cryptocurrencies that will last a lifetime. My guess is that after each Bitcoin halving, the pioneer cryptocurrency (BTC) will be used as a store of value just like Gold. Already, people are considering it to be a store of value in these times of turmoil. No matter if 2021 or another year turn out to be bullish for crypto, 2017 will always be remembered as the year when crypto went mainstream.

Nonetheless, crypto is all about being a decentralized alternative to the existing monetary system. Regardless of crypto prices on the market, what ultimately matters is usability. So far, Bitcoin and other major cryptocurrencies have done an outstanding job by bringing banking to the unbanked. As long as crypto remains impervious against external interference (mainly governments, central banks, and other third parties), there should be nothing to worry about. Just my thoughts

[StyleForceOne]

yes might be so. as of first time i owned my crypto token as working of the different tasks online. and the latter i might collect of $1500 from trading/exchange and bounty with different offers from developer.

So do you really think that amount of profits made is a good sign for crypto market overall?
I highly doubt that - it must be more than that.
Yes, it was a good moment in terms of investments to some extent, but crypto now is much more than it was in 2017 thats what I see and thats why I'm more bullish about crypto long term

[frcat]

2017 was a great year for crypto. But 2021 would be better. Such bullruns happens every 4 year. the 1st one was in 2013 (1 year post halving), than in 2017, so next bullrun should happens in 2017 and I hope it will be much huge than previous

[ingiltere]

It's safe to say 2017 was the best year for Bitcoin because, obviously, all time high is reached. Altcoin rally followed then.
I joined crypto currency business way earlier than that, so I could easily say 2014 was another big year. Some people expected that pattern to continue for this year, 2014-2017-2020. But so far it didn't meet expectations very much.

Let's consider we have an extraordinary year, global pandemic came out of nowhere. It's okay to delay this big expectation to next year. 2021 would be the new best year for Bitcoin and crypto currency business. I don't really care about daily changes but I'm very optimistic about near future. It feels like we don't have to wait too much to see another big bull run.

[Sterbens]

Perhaps it is true that only 2017 will be a moment and a phenomenon that will be remembered forever. if reviewed at this time maybe bitcoin is not as rare as a few years ago.
Honestly, getting a halving moment like 2017 is very minimal, yes, even so, destiny could say something else.
it's just that I find it difficult to see the potential at this time.
maybe it's good only in 2017 history will record what a golden year for bitcoin.

[Golftech]

Perhaps it is true that only 2017 will be a moment and a phenomenon that will be remembered forever. if reviewed at this time maybe bitcoin is not as rare as a few years ago.
Honestly, getting a halving moment like 2017 is very minimal, yes, even so, destiny could say something else.
it's just that I find it difficult to see the potential at this time.
maybe it's good only in 2017 history will record what a golden year for bitcoin.

Back then the hypes really been taken by fomos, but now which there are already lots of projects that being added not sure if same thing will happened to this market, that so called golden age of crypto might be the history, but who knows what future will bring to this as everything can happened as what it's been ever since.

[slashz9]

of course, history records that the highest rise in the crypto market occurred that year. but will history repeat itself, and some people predict the cycle once every 4 years so that the next increase will occur in 2021, is that possible in times of economic conditions like this?

[passionplus]

In 2017, ICO came to Concept, those who invested in ICO got a lot of profit, Bitcoin and All Time Highly putted and Altcoin the highest pump, which was the highest of 2020

[Greatchu]

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.

2017 was the best year for crypto since 2009 and nothing can change that wonderful history, there is possibility that we will see better year for crypto very soon but that's just a possibility, bitcoin needs to achieve  a new ATH to atleast put confidence in us that something big is coming for altcoins.

[jademaxsuy]

In 2017, ICO came to Concept, those who invested in ICO got a lot of profit, Bitcoin and All Time Highly putted and Altcoin the highest pump, which was the highest of 2020

Bitcoin had pump up probably one of the reason is due to ICO projects. We can see that ICO projects are always being paired with bitcoin this I think can make a difference in bitcoin market. Another reason for the ATH is the hype. Many had gone investing in bitcoin after they were able to see a good market and thinking that bitcoin can help them to earn fast and easy money. As for 2017 yes, I do believe that it was a remarkable year for bitcoin but there could be another breaking year that could happen with bitcoin. Who knows!

[Kezacky]

I still believe that the best is yet to come. But it is true that 2017 was a special year for most cryptocurrency users, but this year the market has been revived with new, very interesting projects. Blockchain technology is on the rise and is definitely in high demand. I'm sure the best will come again.

[iTradeChips]

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.

Maybe could you cite examples of bounty hunters earning millions of cryptocurrencies (or dollars?, not sure what currency since you did not mentioned it) by joining bounty campaigns? Highest I remember is earning 100k for a 4 month signature campaign. But I have not heard bounties giving away millions of cryptocurrencies. Unless you are also citing those who earn millions of shit coins that are worthless and has really no value. That I earned a lot and stayed worthless until the end of their cryptocurrency lives. There was even a shitcoin literally named SHIT and me and my buds received like 100 million coins. So maybe that is what you meant by millions . We made millions of worthless shitcoins.

[Jeger.Kiting]

Definitely 2017 was the golden year of cryptos for me and also the ICOs, many investors were happy because it was profitable so much. I don't know if we can see again the profitable days of cryptos just like 2017 but hopefully in the future.

I also hope it will happen in 2021 where many people speculate about all Crypto currency prices will be better than in 2017, maybe we will come back to see that next year even though it is just speculation, but I do not doubt that is, because we will not know in the future and even in 2017 no one expected that it was the golden year of Crypto, so then I am talking like this maybe 2021 is the peak of Crypto prices in all markets and lots of good bounty projects are coming. ..

[soetikno]

I think 2017 was a very, very fantastic year for bitcoin and Cryptocurrency, we know ICO fever was everywhere and there were a lot of popping up, I really miss that year, but now we know ICOs have faded as many scammers take advantage of it, now we have to switch to a safe and reliable IEO