Was 2017 the "Golden Year of Crypto"?

[MWesterweele]

Till now 2017 was the "Golden year of Crypto". But i strongly believe that The best is yet to come.
Check this article : https://www.forbes.com/sites/billybambrough/2020/06/08/bitcoin-could-hit-300000-in-five-years-even-without-institutional-adoption/#6225331252c6

It is definitely true that year 2017 was a year where a cryptocurrency is in big hit. I am truly agree that 2017 was a Golden year of crypto and i'm lucky enough that i may able to experienced the peak success of the digital currency. Today we may be disgusted of what we have seen on the market, a red marks indication that the value of our crypto are low. Bit i am hoping for another best year to come for the crypto currency. Hopefully came it so soon.

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[NavI_027]

For me it really was. Last quarter of 2017 is the best compared to the next one up to until now. Actually, it was a great time to start my journey as a bitcoin investor .

Though last ATH was so memorable for most of us, I do believe that we don't just end there. I know the price right now is having a hard time to stabilize and to soar high but I am confident that it will skyrocket in the future especially knowing that the current pandemic opened a huge opportunity for people to get know of it more. Maybe after a year, two or three? Who knows? The best thing to do right now is to keep hoarding . (Sounds greedy so still buy at your own risk)

[yazher]

I don't think so because the bull-run has only happened in the last days of December which is one of the great histories of Bitcoin and other cryptocurrencies. However, I don't consider it golden age since it's not that long before it falls again after that trend. For me, 2017 was the best year fo bounties because almost project that appeared that year was legit just before they become shit and bankrupt. But most of the project that year was good and paying. there are lots of bounty participants who got their biggest history of received payment in bounties.

[Kunnu]

If we compare 2017 to the past two years then yes it was a golden year so far for Bitcoin and other altcoins and 2020 is not over yet so anything can happen in the remaining months of this year and it will be very interesting to see anyways I am expecting something positive with btc in the month of December hopefully all things go in a positive way.

[chikator]

Oh yeah it definitely was. It was the time where you just made a white paper, create your own coin and it would take value because people were willing to buy it because of the hype. The sudden rise in value of the coins was beneficial to those who started crypto not long ago before 2017. I still regret missing the opportunity that year gave.

[jossiel]

I'm expecting more for bitcoin by next year. It's presumably to be at $15k by this year but I think that's visible by 2021.

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.

Well, thank you for making me remember how good the end of the year 2017. It wasn't that long but if you were able to sell some bitcoins during that time and took profits, you'll appreciate it more this time.

But I think it's the latter, history may repeat itself and I think bitcoin will show us more than it has showed last 2017.

[coin-investor]

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.

So many people made money in 2017 even shitcoins are pumped I don't believe 2017 is the golden year of Bitcoin the golden year is yet to come, the community is now maturing and so many new platforms are created just like Decentralized Finance, once we have another all-time high it will be our golden year, it's going to be better than the last one.

[Renampun]

I joined here in 2017 and that year was the best for me personally...
to be honest, for me, the best year in crypto was between Q3 2017 - Q2 2018, at that time I could make tens of thousands of dollars. I hope HYPE will be re-created like that year. I agree 2017 is a 'golden year for crypto'.

[Shallow]

From the look of things, I think the best is yet to come but however I would say that 2017 can be seen as the year which brought a turning point in the crypto space. Just as you rightly said, Bitcoin grew in a huge way both in price and other areas thus bringing a very good attention to the crypto space. Also at the same moment, many altcoins rose to prominence in fact the list is endless. But nevertheless, comparing the ideas which developers are bringing up everyday (excluding the scam ones) one can say that in fact there is more to witness in the near future.

[sayam]

I believe & almost sure that 2017 was the Golden Year of Crypto. Also, I think another year like that will never come in the near future. Those memories will remain in our minds for a lifetime.

[Alert31]

We can't say that 2017 is the Golden Year of Crypto because the development of bitcoin is just getting started. I believe Golden year of bitcoin is just coming, just wait and watch! If almost all people globally will accept and use bitcoin and government will legalize it, I think the value of bitcoin will increase more than the last 2017 ATH.

[naikturun]

I think the increase in 2017 is the best for now, so going forward sooner or later there will be other increases.
i wonder when bitcoin will reach 100k $.This year the crypto market is starting to improve due to defi, uniswap projects and maybe other things that will boost the market later.

[aioc]

Oh yeah it definitely was. It was the time where you just made a white paper, create your own coin and it would take value because people were willing to buy it because of the hype. The sudden rise in value of the coins was beneficial to those who started crypto not long ago before 2017. I still regret missing the opportunity that year gave.

And developers still thought that they can still do that copy another developer's whitepaper create a fake team and create a fake roadmap and make money, there are members here who screened a lot of projects and weed out the good one to the bad one, if you want to have another opportunity educate yourself and do your research on coins that you intend to invest, not just pick any coin like what happen back 2017.

[Kasabus]

We can't say that 2017 is the Golden Year of Crypto because the development of bitcoin is just getting started. I believe Golden year of bitcoin is just coming, just wait and watch! If almost all people globally will accept and use bitcoin and government will legalize it, I think the value of bitcoin will increase more than the last 2017 ATH.

2017 was definitely a great year for crypto but with the surprises that happened to crypto everyday, i believe the best or the golden year for crypto is still yet to come. Bitcoin and other altcoins at the moment may have low prices but once there are great news that will hit the market, crypto prices will definitely reach its all time high price again.

[Ozero]

It was the most profitable year because it was so easy to gain a thousand percent profit with almost every ICO or altcoin. Now, there are profits, but it is really hard to predict which coin will explode to the moon. Currently, we no longer see such increases on DeFi coins.

Don't forget that, during the 2017 in the eyes of ICO things where good because of their new invention compared to this 2020 with the event of Defi, this two event has actually helped in the beginning to a new era in the cryptocurrency industry. What happened in 2017 has taught us a big lesson that we won't take this 2020. The hype of 2017 did more harm than we thought and investors are just be careful with the 2020 hypes.

Therefore, 2017 is hardly a golden year for cryptocurrency. Most likely, it can be considered a year of great opportunities for participants in the cryptocurrency market.
The rise in prices for cryptocurrency in 2017, and first of all for bitcoin, was too fast and therefore it was followed by the same rapid and deep fall, and this also led to the onset of the mevezhy market for the next two years.
I don't know if this can happen again in the future, but the cryptocurrency market was not prepared for such growth then.

[pixie85]

2017 was the bubble year for crypto with all the cloud mining and ponzi schemes still active or begining. With so many ICOs pumping to incredible numbers and people believing there would be no end to it. The time when so many projects were abandoned and died.

It was definitely a year of hype but it wasn't a golden year. The best is yest to come with Bitcoin reaching a new high.

[abel1337]

It was the most profitable year because it was so easy to gain a thousand percent profit with almost every ICO or altcoin. Now, there are profits, but it is really hard to predict which coin will explode to the moon. Currently, we no longer see such increases on DeFi coins.

Don't forget that, during the 2017 in the eyes of ICO things where good because of their new invention compared to this 2020 with the event of Defi, this two event has actually helped in the beginning to a new era in the cryptocurrency industry. What happened in 2017 has taught us a big lesson that we won't take this 2020. The hype of 2017 did more harm than we thought and investors are just be careful with the 2020 hypes.

Therefore, 2017 is hardly a golden year for cryptocurrency. Most likely, it can be considered a year of great opportunities for participants in the cryptocurrency market.
The rise in prices for cryptocurrency in 2017, and first of all for bitcoin, was too fast and therefore it was followed by the same rapid and deep fall, and this also led to the onset of the mevezhy market for the next two years.
I don't know if this can happen again in the future, but the cryptocurrency market was not prepared for such growth then.

I think It will depend on the people point of view if 2017 is the golden year of bitcoin, Those who experience it will surely agree that 2017 is the golden year since the price leap of bitcoin a year after that is so huge that even the public was curious what's happening. It also gave so much publicity that year because of media reporting it's growth on national television. As a crypto believer, We will all agree that 2017 won't be the last and we should expect an equal or more than what happened that year.

[kayvie]

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.

No, what we have in 2017 is not the golden year of crypto. What I think is this is just the beginning. Most people think that this is the golden year because this is the very first time it reached the price that no one anticipated and the whole world was shocked about it.

[kawetsriyanto]

It depends on how you determine the "golden year". If you conclude it based on the price of crypto coins, then I agree if 2017 is the best year so far. But if you conclude it based on the quality of the crypto project, its adoption around the world, and the use for various purposes, then I think the current year is better. By the way, I think the golden year of Bitcoin doesn't always determine based on the prices on the market. You also can consider some factors as I said before^.

[Mulann2]

Yes bro, I don't see any other year as profitable as 2017 in my few years of being in the crypto space and am sure some of the crypto old timers will equally agree to this, 2017 was a year of life changing for many people but for me I was still a newbie so I didn't take much advantage of the period.