Was 2017 the "Golden Year of Crypto"?

[DamonWilliam]

Why then? Do you have any idea what triggered this explosive growth in Bitcoin back then?

Just because of the great interest of people, it was interesting for them to try something new, where they could save, save their own funds.

The growth can be even greater if assets are introduced into many payment systems, government systems.

Paypal entered and you saw what growth was? And this is just one company.

[Saisher]

The best year in Crypto was 2017 but we have a long way, and so many things are going to happen the Cryptocurrency market is just starting out, the last all-time high is reachable and it will happen anytime soon, the price is now $14000, only $6000 and more good news coming, this is what the community wants for three years now.

[SektorPiii]

Even today we are at the very beginning of the development of crypto, I have no doubt that the time will come when we will see the collapse of the dollar and there will be a rise that will not compare with 2017.

[2tang]

Even today we are at the very beginning of the development of crypto, I have no doubt that the time will come when we will see the collapse of the dollar and there will be a rise that will not compare with 2017.

Many people think that the golden era of crypto currency has ended when there were many cases of fraud in crypto projects and as a result there was a massive price drop is in early 2018, we can see when many investors started to experience losses and some of them those who retire in investing and in my opinion, it is a natural thing when someone thinks that crypto has ended, but over time now the price of Crypto, especially bitcoin and eth has again increased in price, and it seems that the Defi hype factor greatly affects this, hopefully the history of the year 2017 will be repeated in 2020.

[Fakhrulenclix]

Every Bullrun run will become the "Golden year of crypto" For now YES 2017 is Golden year but if the next bull run comes. All ATH prices will be exceeded and make New golden year.

I believe the next bull run will beyond what we expected. So prepare it now is a good decision

hopefully the history of the year 2017 will be repeated in 2020.

We are now in the middle of November and about 1 month of 2020 is over, I don't see any signs of that. So 2017 will not be repeated in 2020

[diamond_shine1]

2017 was a good year for crypto, it is very different from the last few years, but even though 2017 is very good crypto does not mean 2017 is the best year for crypto, no one knows how crypto in the future can be even better crypto compared to 2017.

[lienfaye]

Indeed, in 2017 many people benefited from cryptocurrency, especially bitcoin and I was one of them. I'm not quite sure it's the "Golden Year of Crypto" yet. I hope it's just the beginning and next year the cryptocurrency prices will be even better than 2017.

Well, they say its the golden year because at that time the price of bitcoin and altcoins are increasing making them to reach their ath. Many investors earn huge specially those who bought their coins at cheap price.

Its indeed the golden year but I believe there's more to look forward and we can see another bullish market again. Just like now bitcoin is increasing (though some alts are not) and hopefully it will stay this way. Nevertheless the market is unpredicted and we cant certainly know the future price of every coins.

[Cadaver20]

So far I think 2017 was the golden year of crypto. Because in 2017, the value of all altcoin, not just bitcoin, increased many times. Then there was a compatibility between bitcoin and altcoin. But even though the value of bitcoin increased in 2020, the value of altcoin did not increase much. So I think 2017 was the golden year of crypto.

[CryptoTrip]

Everything is still ahead, there is a global redistribution of cryptocurrencies among holders and this takes not a single year, since the same people do not allow to turn back billions. Some projects are being created to pump out major cryptocurrencies. Although in 2017 coins were fired which had no value

[rat03gopoh]

No, 2017 is "the golden year of ICO". Then this year is the golden year of defi (even though defi has been introduced since crypto existed). The golden year of crypto imo is when people started to get bored with new shitprojects and grew less and less until there were only really potential projects that would fill the market space.

[waiberz]

I think we can call that the golden year is where the massive adoption of any institution. The major banks like JP Morgan or so. Now, the paypal announced earlier this month you can buy, hold and sell the top crypto currency including bitcoin. But you can only use it to purchase in their merchant.

If the other payment services will follow and the bank will implement regulations for digital monetary system, then we will expect the price will explode.

[Bosx1ne]

We only have one golden year so far and that was the year 2017, back when so many projects are created on proof of work and many people are supporting mining no projects are asking funding, and airdrops is free and no task involve and you only need at least 3 good projects to have a good income and ranking up also way to easy where every rank up is only a matter of time.

I remembered that year where you can get free money by just participating in airdrops unlike today where most of the airdrops are just waste of time because most are scams, it is really the golden era where most of the ICOs are becoming successful and achieving high cap each one another. I remembered that year where a lot of people became millionaire because of monstrous rally of a lot of altcoins and also of course the bitcoin.

[john_nautica]

You might not know the Golden Year for cryptocurrency will be today's year. As I remember what happening right now is the same as the 2017 let's just hope that the bull run will not end in 2020 and will continue next year.

[raidarksword]

That's the year i started on crypto airdrops and eventually doing bounties which brings so much good memories especially bitcoin reach its greatest heights wherein it is the best year i experienced so far. Overwhelming profitable airdrops and high paying bounty campaigns what's make it a golden year of crypto as a crypto enthusiast in my opinion wherein market was very healthy and adoption was very blooming. More importantly many bounty participants like us were made huge payouts during that year no doubt about it.

[Abiky]

It's safe to say 2017 was the best year for Bitcoin because, obviously, all time high is reached. Altcoin rally followed then.
I joined crypto currency business way earlier than that, so I could easily say 2014 was another big year. Some people expected that pattern to continue for this year, 2014-2017-2020. But so far it didn't meet expectations very much.

Let's consider we have an extraordinary year, global pandemic came out of nowhere. It's okay to delay this big expectation to next year. 2021 would be the new best year for Bitcoin and crypto currency business. I don't really care about daily changes but I'm very optimistic about near future. It feels like we don't have to wait too much to see another big bull run.

It seems to me that the best is yet to come. While 2017 was one of crypto's best years yet, 2021 looks to be even better as a bull market goes full speed ahead. The COVID-19 pandemic has largely contributed to the demand of crypto in the mainstream world. This, combined with Bitcoin's third halving, should make the crypto market worth a lot more than what it was before. Many expect the market valuation to reach $1 Trillion USD. If that happens, many early adopters will become filthy reach. Bitcoin has been the best-performing cryptocurrency on the market reaching new gains in price within such a short amount of time.

Before you know it, Bitcoin will be able to reach a price well above $50k (USD) per coin. Since altcoins follow Bitcoin's footsteps, they'll also experience new gains in price on the market. It's best to buy and "hodl" as much crypto as you can, before prices explode during the course of 2021. Until Bitcoin gets past its latest ATH of $20k (USD) per coin, 2017 will remain as the golden year of crypto. Ultimately, what matters is not the price but rather how useful crypto is for the mainstream world. As long as crypto remains decentralized and censorship-resistant, it should be able to last a lifetime. Regardless of prices on the market, crypto will be here to stay. Just my thoughts

[fmz89]

yeah definetly 2017 is the years in history crypto lifespan, the fisrt time crypto goes to mainstream ppl and lot of opportunity

many dead / zombie coin rise from thier graveyard, thats was fun when it last, easy on mining, trade, invest, and aribit

many project moonshot to x100-10000 gain that was insane, many ppl dont expect this happen to fast

[martina14]

When we say Golden year of crypto, it means that almost all ICO projects and giveaways or airdrops ending up in a good result. In short all campaign become successful but in reality is not, However, the majority of the campaign projects became successful in the end and I knew a lot of us here witnessed that of course.

[escalante28]

Well, 2017 is where Bitcoin goes to the moon that's why most people called it the Golden Year of crypto. And as we can see now Bitcoin is getting there again. So this year will be calling another Golden Year of Crypto again and not only that the massive adoption of cryptocurrency is getting widely spread now all over the world.

[Adya]

it depends on what do you mean...i agreed that 2017 was golden year of crypto bounty) bounty hunters got thousands dollars of profit with bounty. and in 2017 bitcoin showed himself to the rest world. more people found out about blockchain. but if we talking about ath than no. we did not saw golden year yet.

[best123]

2020 will beat 2017 record. From the look of things, Bitcoin is about to set a new record. The bull market is back, and Bitcoin have set the ball rolling. This year will be the real deal. Keep  your finger cross  and see Bitcoin, Ether and co soar  like an eagle.