Was 2017 the "Golden Year of Crypto"?

[Inspiron14]

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.

many have compared the year 2021 to 2017, of course if events or history repeat itself then Bitcoin at the end of the year will be $ 100k !, but we don't know how certain that future is, the most important thing is not to be careless to buy Bitcoin, because The price of Bitcoin has experienced a high increase, from $ 3800 to $ 58k, so be careful if you want to invest at this level.

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[CaVO32]

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.

So right now, 2017 was not to be considered the "golden year of crypto" if we will compare it this year. This year, we experienced the new ATH and breaking the records of the decade old history of bitcoin. Not only the price that we are talking here, but the adoption it is gaining from the market. Look at the big players finally joining the crypto market, PayPal, Tesla, Grayscale, MicroStrategy, and so on. I believe, a lot more companies will integrate crypto in their payment system very soon. If we compare what bitcoin has achieved today from year 2017. We can say, it has come a long way already.

[Luffygroove]

I must say 2017 was a great great year for cryptocurrencies because many people started to know about bitcoin and then learn much more about blockchain and found alt coin. The new adopters came because of the popularity of bitcoin at that time and like you said, the bear season then came. But apparently, crypto world still last, even grow, DeFi as evidence were succeed to make cryptocurrencies sounds again. I believe crypto world still has many great things beneath their sleeves in years ahead, try to be optimist this year would be the year when crypto rise up.

[Abiky]

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.

2021 has been crypto's best year yet. Still, I still believe 2017 is the "Golden Year of Crypto" because it was a time when crypto/Blockchain tech finally hit mainstream adoption. It was the "starting point" for crypto as it became recognized by many people worldwide. My guess is that each Bitcoin halving will have a very positive effect over most cryptocurrency's prices on the market. 2021's surge is mostly attributed to the Bitcoin halving of May 2020. Who knows if 2025 becomes even bigger than 2021 for the crypto/Blockchain industry?

Nonetheless, the ever-rising popularity of crypto/Blockchain tech tells us that it's here to stay. There will be times where everything is reds and roses. But there will be times where everything goes bleak, leaving you desperate in the short term. It's always important to take advantage of the hype surrounding the market at certain times, in order to secure your financial future. Once everything goes down the drain, you'll be able to buy more coins at cheap prices to stack them up for the future. No matter which year it is, crypto will stand the test of time as a decentralized version of Fiat in the mainstream world. Just my opinion

[dupee419]

And we're looking at technology here, not just some matter that won't constantly evolve every year, if internet and the web evolves, so does cryptocurrency, not only Bitcoin but the market itself continues to evolve, you can't say that 2017 was the golden year when in fact cryptocurrency is just getting started to reach its potential level.

[memyselfandi]

That year is one of a kind in history of cryptocurrency. Many people got benefited and many lives changed because of that massive and huge market price increase. For me, for now 2017 is the golden year of cryptocurrency but I am seeing some possibility that year 2021-2022 we will have another golden year for crypto.

[b1boy]

For me personally i think It was the most productive year since it was so natural to acquire 1,000 percent benefit with pretty much every ICO or altcoin that was out now unlike now that almost all new projects are scams . And Presently, there are some profits, however it is truly difficult to anticipate which coin will actually goto the moon. Right now, we presently don't see such increments on the new DeFi coins and hopefully that would change soon