Was 2017 the "Golden Year of Crypto"?

[djmixen]

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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.

We can't say that 2017 is the "Golden Year of Crypto", as we are at the very beginning of the development of crypto. I am sure that there will be many more surprises in the future, which will be associated not only with the price of BTC. but also the appearance of new altcoins that will attract attention.

Yes I agreed, it hard to say that 2017 is the Golden year for Cryptocurrency, there are a lot of bounty hunters and investors earned so much by this year of 2017 we cannot deny that compared for the ICO project campaigns that arise up when 2018 entered even up to now, none of the project campaigns gave a good profit whether you are investors or bounty hunters.

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[SacriFries11]

During the last quarter of 2017, we can say that it's the Golden Days of Bitcoin. We've seen how Bitcoin pumped at it's Best that time and so many investors got hooked with that event. Bitcoin marked a history at that time. And because of that cryptocurrency became known to most people and lots of them became an investor with several ICO's. So many people also made rich by Bitcoin during that time. And now everyone is hoping for the next Golden days of Bitcoin.

It's the Golden Days of Bitcoin so far. I might say that it's possible to make that happen again in the near future. We're still in the developing stage of cryptocurrency and even not in its peak. We're blessed to know it early compared to other people. In that year, so many things predictions have come true. People gained too much money during that time. Launching of altcoins are all over the internet. I remember that time, I'm so lucky to knew that time about cryptocurrency and unlucky because I'm not be able to have atleast 1 BTC before it got to it's peak. We're still hoping that it will happen again not only for BTC as well as other cryptocurrency.

[warg2017]

If the deadline is today，i totally agree 2017 is the "Golden Year of Crypto" ,no other year can compare to.2017 created many marvels that to this day there is still no breakthrough ,but if time is no limit,i think 2017 is just a begining of crypto,crypto has a long way to go, There will be more years like 2017 in the future,and more creative,more crazy.

[flagpara]

...
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.

We can't say that 2017 is the "Golden Year of Crypto", as we are at the very beginning of the development of crypto. I am sure that there will be many more surprises in the future, which will be associated not only with the price of BTC. but also the appearance of new altcoins that will attract attention.

Yes I agreed, it hard to say that 2017 is the Golden year for Cryptocurrency, there are a lot of bounty hunters and investors earned so much by this year of 2017 we cannot deny that compared for the ICO project campaigns that arise up when 2018 entered even up to now, none of the project campaigns gave a good profit whether you are investors or bounty hunters.

We have to go back to the time of 2013 when cryptocurrency had a golden time. Over 800 billion was the market of cryptocurrency, compared to 350 billion. Half the difference of cryptocurrency can't make a golden time. 2017 was the highest peak value until this time. I believe next year's situation could be 5 trillion US dollars.

[RealMalatesta]

So far it looks like it a bit, but we can't really say golden "year" if we are being honest. If you take the average of the price in 2017 you will see that it was lower than 2020 and probably ever year after 2017 as well, even 2018 was higher in average. Reason for this was the fact that it was under 1k for at least 6 months, after that BCH came out and before it was published price became like 3k, and by the end of the year it was 20k, so I understand that it peaked at 20k but most of the year it was between 1k and 3k, only in late November and all of December that it was high.

So, we could say that "December 2017 was the golden month of bitcoin" and it will be correct, you can also call 2017 as a whole a golden year if you want to, but if you take the average price of that year, 2017 was not the highest.

[Abiky]

In my opinion,  I think the best is yet to come for Bitcoin and the whole of crypto. The 2017 bull run was never meant to be sustainable and it wasn't healthy for a market to keep growing without retracing or correcting. As much as we want the market to behave that way, It can't be, unfortunately.  I remember it was fueled by the aftermath of bitcoin's halving, ICOs, limited real world use cases and we also had a lot of speculators than actual crypto users who were only interested in how high Bitcoin went in the shortest time possible.

Right now, We haven't had an epic run like that of 2017 but I'm impressed with how far we have come. So far so good, there are more "actual" users and crypto is getting adopted with each passing day from merchants & stores, to companies making use of crypto as their primary payment method to using crypto for everyday activities like paying for a cup of coffee thanks to the crypto debit cards and Bitcoin ATMs available in different parts of the world.

We'll have another chance and this time, we'll go beyond a $1 trillion marketcap.

I hope so. But with tightening regulations, it'll become quite challenging for crypto to soar towards new ATHs in price. Demand for crypto is not the same as it used to be back in 2017. Maybe with COVID-19 destroying the world's economy, more money will start pouring into the market. It seems to me that ICOs were the main trigger of crypto's bull market run in 2017. The "De-Fi" movement might have a positive sentiment over the entire crypto/Blockchain industry as people look for an exit route to the existing monetary system. If demand for "De-Fi" continues, then crypto will be able to reach $1 Trillion in market cap and beyond. For what I know, this is just speculation than anything else.

As long as developers continue to build a solid foundation for the crypto/Blockchain space, nothing should go wrong. All that matters is utility/usability instead of price per coin. And if cryptocurrencies are useful to the world, then the industry will survive for a long time. If 2017 is not "The Golden Year of Crypto", then the best is yet to come. We just have to be patient in order to obtain great results in the future. Just my opinion

[samcrypto]

2017 began as a bullish year for Bitcoin and other cryptocurrencies on the market.... It was crypto's best moment as it went into the mainstream so quickly.

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.

Having been in this space when BTC was less than $1,000, and seeing that prices rise to all time high in 2017, there is no doubt 2017 remains the "golden year of crypto". 2017 is a reference year and it will continue to be so, not just because of the price, but because it opened the way for so many persons to know and adopt into cryptocurrency and blockchain.

I may not experience that cheaper bitcoin but looking at the price history of bitcoin I can also say that 2017 was the best year and I’m so happy that I came here during that time because I was able to make profit at the very first year of my experience with bitcoin. We are all waiting for another wave of pump with bitcoin, and there’s a higher expectation this time so I hope if we reaches another peak, people will not take profit easily until we make the best prices.

[lienfaye]

Cryptocurrency started to reach its peak in 2017, this is a very extraordinary achievement, 2017 is also considered a major milestone in cryptocurrency history. After that, as of January 2018 cryptocurrency has decreased gradually, and until now it has not been able to repeat achievements like 2017.

Thats true, we all waiting for another bullrun like what happened on 2017 but it seems we are still far from that scene.

Somehow the prices of coins are increasing and its a good thing already to take profit. Though it didnt reach the last ath, atleast the market didnt suffer like other market due to pandemic.

Year 2017 is indeed the golden year, but I believe history will repeat itself.

[jajorforce]

Everyone should follow the whole price charts of coinmarketcap. Before 2017, the highest price was 1000 USD. Now price charts are becoming equal to 2017 years. All peak value is over 10k USD. Could you imagine what will be the next peak value of coinmarketcap? Wait for the next year to see the next golden year of cryptocurrency.

[sulendra12]

if people are like you that dont treat last bull as the best time , those people are still here and are expecting for more  but this post can encourage them again to comeback  .

It kinda makes sense tho why people think 2017 was the golden year of crypto. The price was peaked out at that day and the ICO was really hyped because you could found really great ICO at that day and I respect that for those whose thinking like that, but like I said earlier we will see something more from cryptocurrency in the future.

[Mpamaegbu]

At the moment, 2017 remains the golden era in crypto industry but I strongly believe the best is yet to come. I look forward to 2021 for another ATH in the industry across cryptos. Just like 2016 (Bitcoin halving year) foreran the 2017 bull run so will this 2020 (halving year) also forerun another bull run in 2021. BTW, it is so far so good in the industry as it is now. Given the pandemic, one would expect Bitcoin to have crashed beyond encouragement but that isn't so as price has continued to remain above $10k despite global financial crisis. Again, I think we now have genuine users and investors unlike what we had in 2017 when a lot of investors saw Bitcoin/cryptocurrencies as a get rich quick investment scheme.

[rollingdice]

2017 was the golden year for Bitcoin, it's evident. Altcoins followed it. Of cause, 2017 was the year of high profits. That year over 1,500 cryptocurrency specifications existed. Now the total number of cryptocurrencies is 6,955. The crypto market becomes more competitive, the golden year won't repeat.

[judeafante]

2017 was the golden year for Bitcoin, it's evident. Altcoins followed it. Of cause, 2017 was the year of high profits. That year over 1,500 cryptocurrency specifications existed. Now the total number of cryptocurrencies is 6,955. The crypto market becomes more competitive, the golden year won't repeat.

After that or the following year, so many investors have been scammed for buying coins on their all-time high and failed to sell it when the market is crashing, it's a golden year for those who made a profit but not for those who bought but failed to sell for profit and just cut their losses.

[jajorforce]

2017 was the golden year for Bitcoin, it's evident. Altcoins followed it. Of cause, 2017 was the year of high profits. That year over 1,500 cryptocurrency specifications existed. Now the total number of cryptocurrencies is 6,955. The crypto market becomes more competitive, the golden year won't repeat.

After that or the following year, so many investors have been scammed for buying coins on their all-time high and failed to sell it when the market is crashing, it's a golden year for those who made a profit but not for those who bought but failed to sell for profit and just cut their losses.

After the cryptocurrency golden time we're passing only 3 years but we now have 4 time altcoins. How can we see the next bullrun?
Although investment is almost the same as golden time, investors are interested in new altcoins. What will the amount of altcoins coins be in the next golden time?

[Abiky]

At the moment, 2017 remains the golden era in crypto industry but I strongly believe the best is yet to come. I look forward to 2021 for another ATH in the industry across cryptos. Just like 2016 (Bitcoin halving year) foreran the 2017 bull run so will this 2020 (halving year) also forerun another bull run in 2021. BTW, it is so far so good in the industry as it is now. Given the pandemic, one would expect Bitcoin to have crashed beyond encouragement but that isn't so as price has continued to remain above $10k despite global financial crisis. Again, I think we now have genuine users and investors unlike what we had in 2017 when a lot of investors saw Bitcoin/cryptocurrencies as a get rich quick investment scheme.

I hope so. For crypto to be able to rise towards new ATHs, the pandemic must be put to an end. Only then, the mainstream economy will rise having a positive impact over crypto's prices on the market. While crypto rebounded to its pre-COVID levels in price within a short amount of time, it's still below its latest ATH. We may be in an accumulation phase before the market explodes after a vaccine is found. Or everything could turn bleak, leading towards a massive downfall in price after the demise of COVID-19. Despite what happens in the future, I think that each Bitcoin halving will have profound effects over the crypto market's valuation in the long term. But we'd need to be patient in order to achieve great results in the future.

Nonetheless, 2017 will remain as the "Golden Year of Crypto" until the market experiences new ATHs in price. If 2021 turns out to be extremely bullish for crypto, then it'll become the industry's best year yet. Current holders will gain substantial profits in the long term by having invested in crypto at an earlier time. With more people considering crypto to be a true alternative to Fiat, it seems to me that the best is yet to come. Just my thoughts

[xOdiumNostrumx]

From today's perspective 2017 definitely seems like an almost unreachable time of a vast crypto prosperity, but who knows, maybe in 2030 2017 will only be a small blimp on the crypto timeline when it comes to the growth of the market and the 2017 bull may looks quite underwhelming in comparison with what happened in the 20-30 time frame.

[sourish]

One can call it the 'golden year', but mainly for the increasing popularity, awareness and recognition of crypto! For how can we limit a still nascent cryptosphere into some historic bubble, where gradually the world is beginning to pay attention, recognize and participate, and we are yet to see the changing faces of crypto and its unfathomable success.

[Shasha80]

Cryptocurrency has only been around for about a decade, so it's too early to call 2017 the golden year of crypto. Because I am
optimistic that the future cryptocurrency will be better than 2017, I even believe Bitcoin will be able to reach the price of $ 100,000.
Even though 2020 there has been no significant development and it is still far from achieving 2017. We must not be pessimistic,
just be patient, and keep collecting as much cryptocurrency as possible. So when the price returns to the all time high price,
we can enjoy the profit.

[mirgo1791]

with the bounty i won around 1400 for works with the signature and article campaign. i hope by now the year of 2020 i should have same or similar returns as previous one as now pupils might have with more of choice with project from reputable developer.

[smyslov]

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 far it is our golden year but it's only the beginning we have a a lot of golden years to come in the future, the technology is evolving the community is growing and a lot of new projects are being introduced, our best years are yet to come 2017 is just another one but it will not be the best one, next year we will record another all time high.