Was 2017 the "Golden Year of Crypto"?

[FaucetKING]

I might say that 2017 was a not to be forgotten year for the cryptocurrency history. Alot of us made big profits during the ICO season and during the bull run. I think that there will be other seasons just like the past happening but it will be risky for sure, just be careful dealing with the crypto assets now and only invest what you can afford to lose.

[DU18]

maybe before 2020 comes, it can be said that 2017 is the year of crypto glory but it looks like now the year of crypto glory has changed to 2020 when the price of bitcoin was able to pass the record for the most expensive price that occurred in 2017, but there is little difference between the increase in crypto in 2017 By 2020, in 2017 bitcoin and altcoin experienced quite high price increases simultaneously, but in 2020, the increase in crypto prices was only dominated by bitcoin and a few large altcoins.

[tyz]

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.

Yes,you are right. I am agree with your post.2017 was the most successful year in crypto. So,the year of 2017 was the golden year of crypto.

By now, it was. In 2017 Bitcoin price increased by up to 2000%, while in 2020 the price has risen by around 600%. So in percentage terms, 2017 is the most successful year. In absolute terms, however, 2020 is the most successful. So you can see it either way.

[newdevices]

For now, I can say that 2017 is really the Golden year of Crypto. It is the year where most ICO projects became succesful and being listed on big exchanges. It is also the year where airdrops and bounty programs are really worth it to join with and Btc hit 20k usd for the first time in that year.

2021 will also be a golden year for cryptocurrencies, I understand everyone is still wondering,
will 2021 be the altcoin season? The answer will probably be seen at the beginning of this year,
if bitcoin dominance tries to fall, then this is the beginning, if it is still on top 70% then the altcoins will still be on the sideways.

[BRABO2]

Yes,i still believe 2017 was the golden year of crypto. I have no doubt about it.2017 was the most successful year of crypto that because of most of project are successful and the project members are developing their project. So,the year of 2017 was the golden year of crypto.

[Miaallen]

With what we see with Bitcoin price presently, the golden year is yet to come. I'm sure the golden time still lies ahead. Many people are already predicting that the price will keep blossoming until the 1st quarter of 2021.

[mezzaluna]

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.

Imho, it was really just a great year for Cryptocurrency and the number of users that was introduced to Cryptocurrency that year was just through the roof. There were a lot of people who really started learning about Cryptocurrencies because it was introduced to them as something that would help them with their financial problems which is true. 2017 was also the year that I was introduced to Cryptocurrencies and I was just surprised that the thing that I was ignoring was something that is going to help me now with the pandemic occurring so I guess we can call it that but I really think that the Golden Year of Cryptocurrencies was when it became mainstream or even become accepted into a lot of establishments.

[BRABO2]

Yes, I think 2017 was the golden year of crypto. After all, we saw that many coins could increase so high, especially bitcoin, at least temporarily because we don't know if there will be another golden year for crypto. But that was the biggest jump for bitcoin to touch that price because we never imagine seeing bitcoin can touch almost $20k.

I am sure that there will be another golden year of crypto, and it will happen in the future, but we need to be patient. We will see the next golden year soon because bitcoin has the opportunity to touch the new ATH in the next coming bull run.

Yes,you are right. I am agree with your post. 2017 was the most successful year of crypto. That's why 2017 was called the golden year of crypto.

[fahmimajannat]

Yeah 2017 was a great year for sure but i think something more to come because cryptocurrency are the future. So I many big thing will happen in future. Many more to come yet. I think there will be a year which will overcome 2017. 
But anything can happen. Who knows what will happen in future.
Let's  hope for the best.

[Abiky]

I might say that 2017 was a not to be forgotten year for the cryptocurrency history. Alot of us made big profits during the ICO season and during the bull run. I think that there will be other seasons just like the past happening but it will be risky for sure, just be careful dealing with the crypto assets now and only invest what you can afford to lose.

Couldn't agree more with you, mate. One thing for sure, is that Crypto/Blockchain tech still has a long way to go before it becomes fully adopted by people in the mainstream world. There are a lot of hurdles/obstacles that crypto needs to overcome in order to become recognized by the majority of people worldwide. Once institutional investors come into play, things will become interesting for the whole crypto/Blockchain space. There needs to be a proper regulatory framework in order to give crypto that level of legitimacy it deserves. Only then, money will start pouring into the crypto market leading to higher liquidity over the long term. 2017's price frenzy is only the tip of the iceberg, as the future holds many exciting things for the industry.

Now that Bitcoin has finally surpassed its ATH of $20k per coin, the best is yet to come. I have a feeling that 2021 will become crypto's biggest year yet, as the whole market goes all the way to the moon. Bitcoin and all other major cryptocurrencies will continue to experience an upward trend in price within a short amount of time. It's best to be prepared for the worst by accumulating profits as much as you can. Once the bear market returns, you'll be able to buy more coins at cheaper price. No matter what crypto's prices will be in the future, there's no denying that the whole crypto/Blockchain space will improve for the better. Constant development and innovation will make this possible. As long as crypto is useful for the world, nothing else matters. Just my thoughts

[josgandosbro]

yes 2017 is a golden year because at that time we very easily made a lot of money by joining airdrops, bounties and ICOs. i do remember the madness at that time especially in the altcoins and i also think there will be no such gold again, it all ends and new trends will keep appearing every year

[Dr.Osh]

I think many people think that 2017 is the best year for crypto. That's because mass pumping was between bitcoin and altcoin, and also ICOs were still very popular at that time. in 2020, or early 2021, the bitcoin price may be higher than 2017, but for altcoins, it is still not that good, and also the projects this year are not as good as in 2017.

[btc_angela]

2017 has set the gold standard.

2020 is the new golden year. Bitcoin has reached another milestone with a new all time high. Ethereum is around $700++ and the market valuation has grown tremendous as well. But I do agree that we should look at 2021 as the best yet to come. This bull run is not yet done, it will continue up to 2021 and we really don't know what will be the ceiling of any coins, specially the top ten altcoins.

[BRABO2]

Yes,i still believe that 2017 was one of the most successful year of crypto.The year of 2017 was called the golden year of crypto. Most of the project was successful in that time.So,no doubt about it.

[Abiky]

2017 has set the gold standard.

2020 is the new golden year. Bitcoin has reached another milestone with a new all time high. Ethereum is around $700++ and the market valuation has grown tremendous as well. But I do agree that we should look at 2021 as the best yet to come. This bull run is not yet done, it will continue up to 2021 and we really don't know what will be the ceiling of any coins, specially the top ten altcoins.

We could say that 2017 was the year when crypto/Blockchain tech went mainstream. It was a pivotal year filled with excitement at every level. Development for this emerging industry increased by a large rate. We saw new projects emerge like there was no tomorrow. Some projects are still alive, while others went all the way down the drain. 2017 marked a new beginning for the decentralized economy, becoming the gold standard of what's best to come in the future.

Now that 2020 ended with a bullish crypto market, it seems to me that 2021 will become crypto's biggest year yet. For the first time ever, the crypto market is valued at trillions of dollars (USD), as demand increases like skyrocket. It would be wise to "hodl" major cryptocurrencies in order to secure big profits at the right time. With new and exciting things bound to happen soon (ETH 2.0, Sharding, new "De-Fi" projects, and more), the upcoming years will be even better than 2017 ever was. Just my thoughts

[Hasan986]

Of course, 2017 is the golden time of crypto. BTC as well as all Alt tokens and a lot of hype. However 2018, 2019 was a very bad time for crypto. 2020 has been improved a lot. BTC is returning to its previous pace. According to other coins are not being improved in that way. I am skeptical about whether we will get a year like 2017 or not.

[Kasabus]

Now there is almost a repeat of 2017.  It is quite possible that at the end of 2021 we will see the same powerful alt season that was at the end of 2017.  We all hope so.

We will never go back to 2017 and will not see the same scenario again. In 2017 altcoins season, there are a lot of scam projects that pumped, and I think it will not anymore happen this coming altcoin season as investors are smarter and they would not easily invest on coins without researching.

Also, the ICO craze is over, and this De-Fi thing is not as big as the ICO craze.

[Quintrix]

After this year and what Bitcoin has achieved and keeps achieving this year, I don't think people will remember 2017 it's going to be a thing of the past and people will remember all milestone of Bitcoin has achieved this year our golden year so far is still in the making, so it could be this year or next year.

[motun01]

2017 was a great year no doubt, but i believe it wont compare to the kind of years that are still to come in the crypto space. We are beginning to see the start of mass adoption of the DeFi and coin market cap increment fundamentally. I accept that the BTC and other crypto prices will rise once more, however nobody knows when. Well nobody truly knows except for im still hopeful that it wont be long and we'll see another positively trending market once more.

[btc_angela]

I guess we can say that 2021, has started to be a Golden Year of crypto already, and so far we have seen good results, bitcoin breaking new all time high, and some solid alt coins also established their highs.

So let's see how far 2021 will take us, bitcoin was projected to crossed 6 digits this year, DeFi, NFT, staking is going to be big as well for alt coin market.