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justdimin
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January 17, 2025, 12:25:22 PM |
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If I really understand you, you are interested on the 200% increase in the year 2017 and not the $20,000 amount per say. As for now we can't predict the price of Bitcoin and we are waiting the outcome after when the newly elected president Donald Trump has been inaugurated. Many are say that after the inauguration the price will rise and if really the price rise after swearing him the. The price and it percentage will surpasses 2017 200% you are talking about. And bitcoin can't go back to 2017 percentage again but it is more than that. And from that year to now, you can see the differences.
To be honest, 200% increase from the bottom isn't shocking and could happen here. Meaning, we already did, we were literally under 20k, and then we went to 100k, that is already a huge increase, over 5x return that we already had so far. Expecting it to do the same right now again makes no sense, why would it do it again and again, there must be a peak, it can't continuously go up forever, that would not be how the market works, in any asset ever at all. It is not just crypto, stocks don't move like that, neither does gold, nor oil, nothing in the world, no asset, goes up forever without ever having a down time. Crypto is no different, we have good times, and we have bad times, and we already had a great up, and we will probably have a small up yet again, but that is really not the entire story, so we should be careful about it. I believe we can make a good return and a good profit, but as long as we do that with how we can wait for a realistic profit, and not a silly one.
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betswift
Copper Member
Member


Activity: 770
Merit: 14
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January 17, 2025, 12:25:47 PM |
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2017 was so different in so many ways, I can't even start to list how not-the-same they are.
The most important thing is that it wasn't mainstream yet in 2017. Half of the people on the forum were oldies, the rest were like me 1 year +
Now I think 95% of this forum is not a newbie, and almost everyone in your life has heard about Bitcoin.
That's why 2017 led to 20x. The newbies were so many they all rushed in. Not gonna happen now.
Now the entire countries would be the said newbies. And we should be looking at them with caution and precision. 
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Pandu Geddon
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January 17, 2025, 12:28:26 PM |
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This year can we hope for a repeat of the 2017 bull run again, considering that there are now a lot of factors that is making Bitcoin more acceptable than before?
We all expect a Bull Run situation to happen this year. 2017 and 2021 and now many are expecting 2025 even though we have seen new ATHs have been achieved, but the market does not seem to show a weakening situation. If there is no such deep correction in the middle of this year, maybe we will see a Bull Run happening at the end of the year. But we can never predict exactly how high the price increase will be. $150k is a good number in my opinion and Bitcoin can reach this year.
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hero_the_bossman
Member


Activity: 532
Merit: 15
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January 17, 2025, 12:52:48 PM |
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This year can we hope for a repeat of the 2017 bull run again, considering that there are now a lot of factors that is making Bitcoin more acceptable than before?
We all expect a Bull Run situation to happen this year. 2017 and 2021 and now many are expecting 2025 even though we have seen new ATHs have been achieved, but the market does not seem to show a weakening situation. If there is no such deep correction in the middle of this year, maybe we will see a Bull Run happening at the end of the year. But we can never predict exactly how high the price increase will be. $150k is a good number in my opinion and Bitcoin can reach this year. It always was the case - ATH, correction, side way, and then - probably the bigger ATH at stake  Only time is needed.
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Natalim
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January 17, 2025, 08:56:13 PM |
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Considering the way 2024 ended, shocking most Bitcoin enthusiast ! Bitcoin reached it all time high towards the end of last year. But if you all could remember what happened in 2017 , where Bitcoin was I think probably around $1000 and towards the end of the year Bitcoin hit around $20,000. That's like almost or more around a 200% increase.
This year can we hope for a repeat of the 2017 bull run again, considering that there are now a lot of factors that is making Bitcoin more acceptable than before?
Well, there's actually higher chances for that. The last significant bull run happened last 2021, so if we will consider the 4 year cycle for bull run, this year is good to go. However, we cannot assume that what happened in 2017 will be exactly the same within this year. 2025 might even surpass it, especially that Trump is a big motivation for btc price to reach another peak once again.
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slaman29
Legendary

Activity: 3458
Merit: 1465
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January 18, 2025, 12:51:46 PM |
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That's why 2017 led to 20x. The newbies were so many they all rushed in. Not gonna happen now.
Now the entire countries would be the said newbies. And we should be looking at them with caution and precision.  Super, super point! But I think actually this is not yet  Now it is companies and investment funds of these countries. Next bull run, then all the countries join in big time, thats when we really really need to see just how high they will take it, and how low the crash happens after that. I know El Salvador etc are buying in and maybe even USA now but these are experiments for them, wait til they finally go all in.
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bestcandy
Member


Activity: 326
Merit: 30
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January 18, 2025, 01:14:05 PM |
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Considering the way 2024 ended, shocking most Bitcoin enthusiast ! Bitcoin reached it all time high towards the end of last year. But if you all could remember what happened in 2017 , where Bitcoin was I think probably around $1000 and towards the end of the year Bitcoin hit around $20,000. That's like almost or more around a 200% increase.
This year can we hope for a repeat of the 2017 bull run again, considering that there are now a lot of factors that is making Bitcoin more acceptable than before?
Bitcoin experience unprecedented bull run in 2017 where Bitcoin rised from $1000 to a surprising $20000 before the end of the year. We also experience another bull run in 2021 and 2024. So in my assertion, I'm optimistic that 2025 will be another good season for Bitcoin to experience another bull run which may likely be like that of 2017 or more. Considering the past bull season of Bitcoin many people are predicting that Bitcoin may hit $150000 to $170000 before the end of 2025. Although inasmuch as Bitcoin is concern anything is possible but to me I will like say that Bitcoin will not exceed $130000 at the end of this year 2025.
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Botnake
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January 18, 2025, 08:10:53 PM |
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As we look at the market history, every 4 years the price of bitcoin surges high, making another ATH, and that is what we expect this year. For two cycles that had happened, it was difficult to think that it would never happen again. Our assumption has been created already, thinking that 2025 Bitcoin will give us another big surprise, which is probably quite high compared to last year.
The current market situation has shown some relevant change already, which makes anyone think that we are leading to another ATH. Reaching $120k is quite possible...
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GigaBit
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January 19, 2025, 08:14:26 PM |
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This year can we hope for a repeat of the 2017 bull run again, considering that there are now a lot of factors that is making Bitcoin more acceptable than before?
At that time, the price of Bitcoin was relatively low, which is why it increased 200 times. But in the current perspective, it is no longer possible to go into such a bullish movement in just 1 year. The price of each Bitcoin is now about $100,000. It is unrealistic to expect a 200-fold increase from now. However, we can see a big rise. If we see the price of each Bitcoin at 1 million in the next 5-10 years, it will not be less. Although it is difficult to make a Bitcoin price prediction, some assumptions are not unreasonable in the long term. We have already become accustomed to this. Just as it is not possible to get back 2017, it will not be possible to get the price of Bitcoin back to that level. If someone makes an unreasonable assumption, it will be just an assumption that will not be evaluated. If Bitcoin becomes a reserve currency, it could be worth several times its current value, and at that time, those who wait for a dip or dream of buying Bitcoin at a low price will never be able to accumulate Bitcoin.
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STT
Legendary

Activity: 4718
Merit: 1519
Track any Bitcoin address, No Logs
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January 21, 2025, 11:34:22 PM |
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I dont think it will be same as 2017 nor should you hope for such a volatile torrential movement to occur. BTC was banned by China during this year and sold off quite hard also there was the competing chains and problems with transaction fees discouraging actual usage. If anything 2017 was nice for the alt coins who proved useful to go around the traffic.
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milewilda
Legendary

Activity: 3570
Merit: 1178
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January 23, 2025, 07:40:52 AM |
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Considering the way 2024 ended, shocking most Bitcoin enthusiast ! Bitcoin reached it all time high towards the end of last year. But if you all could remember what happened in 2017 , where Bitcoin was I think probably around $1000 and towards the end of the year Bitcoin hit around $20,000. That's like almost or more around a 200% increase.
This year can we hope for a repeat of the 2017 bull run again, considering that there are now a lot of factors that is making Bitcoin more acceptable than before?
Bitcoin experience unprecedented bull run in 2017 where Bitcoin rised from $1000 to a surprising $20000 before the end of the year. We also experience another bull run in 2021 and 2024. So in my assertion, I'm optimistic that 2025 will be another good season for Bitcoin to experience another bull run which may likely be like that of 2017 or more. Considering the past bull season of Bitcoin many people are predicting that Bitcoin may hit $150000 to $170000 before the end of 2025. Although inasmuch as Bitcoin is concern anything is possible but to me I will like say that Bitcoin will not exceed $130000 at the end of this year 2025. There's so much change if we do speak about year 2017 and this year 2025 on which on recognition and adoption alone then we can tell that it will really be that totally different. It would be having that repeat on that previous cycles? There's no way that we can tell on which the thing we do know we are sure of is that in every cycle theres bear and bull cycle on which you do really know that there will really be those probability about going up and down. We do know that when it comes into this approach on where you would really be needing to be wise into the decisions that you are taking on which making up some profits basing up into the market movement. Somehow we do know that this market is unpredictable and something that you cant be able to tell on where prices would be going but on the time that you do have that awareness and having that experience then you do really know at least on what you should gonna do. Be versatile and be that mindful into the actions that you are taking because we are heading into progressive years on which the history might rhyme into the current state or present but doesnt mean that it will really be having that 100% that it will be giving out on the same situation or scenario. We will see the repeat of 2017 for this year? No one really knows and also there are people who are really that waiting up for that last dump before they will be re-entering the market.
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Tmoonz
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January 23, 2025, 09:48:41 PM |
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This year can we hope for a repeat of the 2017 bull run again, considering that there are now a lot of factors that is making Bitcoin more acceptable than before?
2017 was not the last but 2021. If it happened in 2017 and 2021, I do not think 2025 will be missed. But bitcoin may not go much than $150000 to $170000 which has been my guess but I may be wrong. According to myself, bitcoin will have a bullish market in 2025 but I do not know what price would be the ATH. But we know for a fact it will be a good ride, and that is what matters most. In the future months, people would brag about the price we have now, so better yet not to miss an opportunity.  In as much as we may believe on what we consider to be possible, it is always advisable not to be overly carried away considering the fact that nothing is very much certain and guaranteed, don't invest out of fear of missing out, we should always prioritize investing within our comfort irrespective of the market conditions or predictions, our consistency is paramount no matter how small perhaps it is not a competition invest with as little and comfortable you can to avoid using money that is not meant for investment to buy Bitcoin which is very risky and wrong approach to Bitcoin investment.
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Dave1
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January 24, 2025, 03:17:00 AM |
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I dont think it will be same as 2017 nor should you hope for such a volatile torrential movement to occur. BTC was banned by China during this year and sold off quite hard also there was the competing chains and problems with transaction fees discouraging actual usage. If anything 2017 was nice for the alt coins who proved useful to go around the traffic.
2017 was really very different, I think it's the time that most of us are rediscovering Bitcoin per se, and maybe there have been institutions already in the market, it is not the same like what we have seen right now. There are nations like El Salvador and possible the big US of A to make it a Bitcoin national reserve although the chance for now are very slim. And obviously, the profit is not going to be as huge as 2017. So for me, yeah, it's not that bad to look at the precious historical logs of Bitcoin, but we should not be relying that it could repeat itself again and again. We have a 4 year cycle, but each one is very different.
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