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Author Topic: Was 2017 the "Golden Year of Crypto"?  (Read 35777 times)
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November 22, 2020, 07:33:27 PM
 #321

"Was 2017 the "Golden Year of Crypto"?"

I don't think 2017 was a golden year for cryptocurrencies, it was a wild year, and only golden for some.
The golden age is yet to come.
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November 23, 2020, 09:13:52 AM
 #322

A golden year for me is a year where many things happened to crypto that benefited the majority of cryptocurrency holders. If there are winners, there are also losers in crypto, that is for sure. While it is true that Bitcoin achieved its all time high and it gained a lot of Bitcoin winners. There are also those who were late at the party and lost it all after the crash of 2018. So for me the golden year of crypto is not really a golden year but rather a good year of increase of the price of the said coins and tokens, and that's it.

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November 23, 2020, 01:00:59 PM
 #323

Until now the records achieved in 2017 have not been broken, cryptocurrency took 3 years to pump up the price. Now the bullrun is back, and the majority of crypto holders expect 2021 to be the golden year of crypto.
For me 2017 was a bounty golden year, because almost all bounties that were born at that time provided satisfactory results for bounty hunters.

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November 23, 2020, 01:44:46 PM
 #324

Up to now, 2017 is definitely the "Golden Year of Crypto",we all know that year was so unbelievable.But in the future, i hope 2017 is not the best .
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November 23, 2020, 01:59:33 PM
 #325

It was the golden year and for me another golden year for the whole cryptocurrency market that may happen next year where there is a high possibility that we will see that the altcoin season will happen with the making of ATH of the bitcoin. Look at the altcoins nowadays wherein they keep gaining momentum in these past weeks and I believe that the first quarter of the year 2021 will be good where a lot of prices are going up.
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November 23, 2020, 02:11:12 PM
 #326

i don't know what you mean by golden year. if you're referring to technological advancement in the crypto space I guess it's yet to come. if you're referring to the market price, some defi already surpass the ath of btc.
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November 23, 2020, 02:15:18 PM
 #327

2017 was an extraordinary year for the cryptocurrency industry. Why? because most of the investors or traders or other top crypto holders, I believe they have made a lot of profit during the bull market, the huge jump in price especially in the price of BTC makes me still believe that the golden year can repeat itself.

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November 24, 2020, 01:52:23 AM
 #328

Oh how 2017 looks like yesterday, I made some huge gains in 2017 especially from ICO, I can remember WABI giving me cool profit, just for instance. I also gambled with some funds on lending coins then, and made cool profit too. This doesn't mean 2017 is the golden year for crypto no matter the good memories. This year, we've achieved greater milestones in crypto and BTC is gaining the highest traction than ever. In years to come I believe crypto enthusiasts won't regret they invested long term in crypto, BTC and ETH especially.

That's certainly true, mate. 2020 is starting to look like 2017 as crypto gains traction in the mainstream world. With the current trend, it's believed that 2021 will turn out to become crypto's biggest year yet. We just have to be patient in order to achieve good results in the future. What I do is invest a portion of my earnings each week into Bitcoin and other prominent cryptocurrencies on the market for peace of mind. If 2021 turns out to be the year where Bitcoin is valued at over $25k per coin, many of us will be able to double or triple our investment. The gains will be higher than those offered by traditional banks.

In the end, what matters is not price but crypto's usability in the mainstream world. As long as crypto/Blockchain tech remains decentralized and censorship-resistant, nothing else matters. Sound money is needed in order to allow people to transact in the free world regardless of government interference. It's the separation of state and money as we know it. If crypto remains as it is right now, the whole market might be valued at $1 Trillion USD in the not-so-distant future. Which is why I believe 2017 is just the tip of the iceberg. The next 4 years might be even better for crypto/Blockchain tech in general because of the reasons mentioned earlier. You should be prepared for a massive boost in price never before seen in the history of crypto. Just my opinion Smiley

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November 26, 2020, 12:04:11 PM
 #329

Probably not because it was a good time of crypto in 2017 but golden time is yet to come. I hope 2021 will be the golden year. Already Bitcoin, ethereum and many altcoins are experiencing a new bull run which may be can't stopped at any how. Some coins already reached its past rate but maximum is yet to touch its record.

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November 26, 2020, 02:23:36 PM
 #330

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
2017 was one of the most shocking moments in the world, when there were still many people who were not familiar with bitcoin or crypto who were surprised to hear that the price of bitcoin could experience a high enough price increase, almost reaching the price of $20,000 but unfortunately the glory of that price did not last long enough and at 2018 saw a sizeable drop in the prices of bitcoin and other cryptos.
But certainly everyone has assumed that 2017, is the heyday of bitcoin and other cryptocurrencies.

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November 27, 2020, 09:47:50 AM
 #331

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
2017 was one of the most shocking moments in the world, when there were still many people who were not familiar with bitcoin or crypto who were surprised to hear that the price of bitcoin could experience a high enough price increase, almost reaching the price of $20,000 but unfortunately the glory of that price did not last long enough and at 2018 saw a sizeable drop in the prices of bitcoin and other cryptos.
But certainly everyone has assumed that 2017, is the heyday of bitcoin and other cryptocurrencies.


That's how amazingly to think that bitcoin attained an ATH of almost $20000 at that year even though cryptocurrency or bitcoin were not yet known by many and struggling to introduced to investors and to many. Year 2017 was an amazing year that i think where bitcoin started to boom in the crypto market but i hope that the best years were yet to come and hopefully this new year coming will be the best year that everyone wishing for.

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November 27, 2020, 10:09:23 AM
 #332

According to researcher, the golden year of crypto is not yet come because the way crypto is preparing to pump, it will be more pump than bitcoin that started a steady pumping from the beginning of this year 2020. Bitcoin is still giving many investors enough profit in the market. The way crypto is about to rise in the exchange market show that it will reach $20k to make it investors rate it  the 2020 golden year.
Many investors are getting weak about the falling of crypto which is not improving in the market.

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November 27, 2020, 11:09:23 AM
 #333

Until now the records achieved in 2017 have not been broken, cryptocurrency took 3 years to pump up the price. Now the bullrun is back, and the majority of crypto holders expect 2021 to be the golden year of crypto.
For me 2017 was a bounty golden year, because almost all bounties that were born at that time provided satisfactory results for bounty hunters.
Unbroken record but can't quite keep its persistence. If 2020 or 2021 the crypto market more specifically bitcoin could reach ATH then it might persist longer than it was in 2017 or maybe go up even more.
It's such unfortunate though in 2017 the market was purely driven by hype and inflated assesment towards most of crypto not because its real value.

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November 27, 2020, 11:12:08 AM
 #334

Up to now, 2017 is definitely the "Golden Year of Crypto",we all know that year was so unbelievable.But in the future, i hope 2017 is not the best .

This year has also been fantastic if you look back the way we started this year and where we are today considering all this is happening in between of pandemic. So I would consider this year as well equally important as 2017 was and also this give us light further than bitcoin still can surpass ATH in coming days/months.

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November 27, 2020, 11:42:42 AM
 #335

I want to believe the reason for the hype of 2017 bull market was the high numbers of cryptocurrency traders and beneficial in the year. The space had gained more traders and investors in the last 3 years, this prove the size of sources fund will flow into the space this year and the high of profits and beneficial in the coming bull market. The next bull market will have a greater hype after and more beneficials this time than previous. At the end cryptocurrency would have been a multi-trillion dollar space.

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November 27, 2020, 11:52:20 AM
 #336

Up to now, 2017 is definitely the "Golden Year of Crypto",we all know that year was so unbelievable.But in the future, i hope 2017 is not the best .

This year has also been fantastic if you look back the way we started this year and where we are today considering all this is happening in between of pandemic. So I would consider this year as well equally important as 2017 was and also this give us light further than bitcoin still can surpass ATH in coming days/months.
Bitcoin will definitely hit new ATH, but 2017 is different. 2017 can be said that the world is getting to know crypto and where people start investing massively in crypto. I think 2017 is a special year for crypto and blockchain

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November 27, 2020, 12:16:03 PM
 #337

Up to now, 2017 is definitely the "Golden Year of Crypto",we all know that year was so unbelievable.But in the future, i hope 2017 is not the best .

This year has also been fantastic if you look back the way we started this year and where we are today considering all this is happening in between of pandemic. So I would consider this year as well equally important as 2017 was and also this give us light further than bitcoin still can surpass ATH in coming days/months.
Bitcoin will definitely hit new ATH, but 2017 is different. 2017 can be said that the world is getting to know crypto and where people start investing massively in crypto. I think 2017 is a special year for crypto and blockchain
I'll never forget this year my man. It was definitely a good idea to get people (who never knew about crypto before) to invest into BTC and get involved into the crypto world. Many people said that 2017 was the wild west of cryptocurrencies where the FOMO was so huge that even shitcoins used to skyrocket like crazy. However now people are way more educated about crypto and as you can see only reputable projects go up while shitcoins haven't made a move since 2017.
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November 27, 2020, 12:19:58 PM
 #338

Up to now, 2017 is definitely the "Golden Year of Crypto",we all know that year was so unbelievable.But in the future, i hope 2017 is not the best .

This year has also been fantastic if you look back the way we started this year and where we are today considering all this is happening in between of pandemic. So I would consider this year as well equally important as 2017 was and also this give us light further than bitcoin still can surpass ATH in coming days/months.
Bitcoin will definitely hit new ATH, but 2017 is different. 2017 can be said that the world is getting to know crypto and where people start investing massively in crypto. I think 2017 is a special year for crypto and blockchain

We can see that alot of biggest achievment of bitcoin happened in 2017. The price of bitcoin went up highly till (about) $19,359 and almost increase $1000 in a week based on graph price in 2017. This is so fantastic to remember, but who knows that in the few next year there will be great development of bitcoin that will make bitcoin more glory, let us wait for it.

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November 27, 2020, 12:28:28 PM
 #339

2017 has been an exceptionally solid year for all cryptocurrencies. Simply search on coinmarketcap any coins accessible on that period and investigate the prices. Everything was going extremely solid in the market. there was a record every day for quite a long time.

Presumably we should stand by for a while before to see one more year like that for our crypto however I am almost certain the best is yet to come for certain projects launched on that period

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November 27, 2020, 12:36:05 PM
 #340

Until now the records achieved in 2017 have not been broken, cryptocurrency took 3 years to pump up the price. Now the bullrun is back, and the majority of crypto holders expect 2021 to be the golden year of crypto.
For me 2017 was a bounty golden year, because almost all bounties that were born at that time provided satisfactory results for bounty hunters.
Unbroken record but can't quite keep its persistence. If 2020 or 2021 the crypto market more specifically bitcoin could reach ATH then it might persist longer than it was in 2017 or maybe go up even more.
It's such unfortunate though in 2017 the market was purely driven by hype and inflated assesment towards most of crypto not because its real value.

I am convinced that the price of Bitcoin will continue to rise and that the price on 01/01/2022 will be higher than 01/01/2021. This slump yesterday was to be expected as the price has risen extremely sharply over the past few weeks. A perfectly normal pattern and a healthy decline if we want to see higher prices in the future.
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