2017 Vs 2021 - page 2. | Bitcointalksearch.org

justdimin

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Quote from: ahoenk on November 21, 2021, 12:25:43 PM

I was thinking its really like 2017 but now i realised its not exactly like 2017, the bull market will last longer then we think, and the reason i said this is because we are on different situatiin now because of covid 19. Our bull market was comes earlier and will last longer. I expect it will last at the mid - end of 2022 not early 2022

It has already lasted a lot longer, imagine how in 2017 we had maybe 1 month with insane increases and that's it, even during January we broke that and in February we kept going up and it just kept going higher and higher, even with a huge 50% crash we managed to recover that very easily and did another ATH after that.

So, it is clear that 2021 has been the best year in crypto history ever, maybe by % of increases it wasn't that much because we have seen bigger increases before, however by the "power" calculation we have never been this powerful.

I am very hopeful about the future of crypto because it looks like we are getting better and better eventually and every year looks like it is going to be easier and better in the future. I do not know why it took us this long to reach this level but I believe we will not be getting any lower from now on. Those under 10k prices are forever gone if you ask me, even under 20k seems illogical to reach after we come this far.

btc_angela

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Quote from: smartaction on November 21, 2021, 05:22:58 AM

Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

October November December is generally is bullish market. But we don’t know what will happen in 1st quarter in 2022. But i think that time will not be as bad effect on cryptocurrency as before 2017

It's imminent, a bearish market will have to eventually knock on our doors so we have to be prepared.

I don't want this to be compared to 2017 though, it's a different market now, we are now in a 'come of age' market, we have a lot of investors individuals or group of people who are willing to pour a lot of money because they are afraid of the collapse of fiat or the inflation rate.

So yes, this time it will be different, it may come, but it will be a slow bearish market and not that abrupt, in my opinion.

ahoenk

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Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

I was thinking its really like 2017 but now i realised its not exactly like 2017, the bull market will last longer then we think, and the reason i said this is because we are on different situatiin now because of covid 19. Our bull market was comes earlier and will last longer. I expect it will last at the mid - end of 2022 not early 2022

smartaction

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Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

October November December is generally is bullish market. But we don’t know what will happen in 1st quarter in 2022. But i think that time will not be as bad effect on cryptocurrency as before 2017

Farma

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Quote from: Cling18 on November 21, 2021, 03:47:37 AM

Bitcoin have actually exceeded the market situation last 2017 and I guess we've already learned from the previous decisions that we have made. Investors and traders have learned how to take advantage of the market and I guess, just like Bitcoin, we're now matured and ready to adopt the changes of the market. 2021 is like a roller coaster ride for crypto yet I could say that it's better than 2017.

well, 2017 has taught us a lot about the decisions we will make. I'm sure, quite a lot of people have made the wrong decision since this time, and that includes me.
this year is definitely very different. The bitcoin price level which is still very high today is evidence of the difference in popularity, functionality, and adoption rates of bitcoin from 2017. In 2017, the bitcoin price was supported by ICOs, and several well-known investors. however, at present, even some countries have accepted and made regulations regarding it. however, today is really very different from 2017. this year, the bitcoin price is very strong.

Cling18

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Bitcoin have actually exceeded the market situation last 2017 and I guess we've already learned from the previous decisions that we have made. Investors and traders have learned how to take advantage of the market and I guess, just like Bitcoin, we're now matured and ready to adopt the changes of the market. 2021 is like a roller coaster ride for crypto yet I could say that it's better than 2017.

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Quote from: MadeMen on November 20, 2021, 09:25:01 PM

The cryptocurrency industry is quite unpredictable, the 2017 bull run should not be a yardstick for predictions as several things have changed in the past two years. Many more people are involved in the cryptocurrency space and the market capitalisation has increased significantly. It's best to unlearn the market situation of 2017 and approach the market with a new perspective.

Yeah, but at least we should look at how the cookie crumble during 2017. The market is still immature back then, well you can say that there are a lot of noobs that time who think that the price will continue to grow despite signs that we are in a bubble already.

Anyhow, here we go again, we are in the period of bull run and eventually it will have to burst. But let's see, maybe the crypto market has change a lot since then, we've learn from our mistakes.

And then Bitcoin's narrative is also different from 2017. Now it become more of a store of value and then we have institutions and government to back the market up.

dvndr007

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Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

See after bull run bear is more predictable & expectations always hurt so we should not expect let it flow & flow with the flow is the right choice.
There maybe obstacles in between so with alert mind we just have to flow.

Shasha80

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Quote from: letyouearn on November 20, 2021, 08:25:29 PM

Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

Well, I am very optimistic this time and the reason is mostly - huge dollar emission and crisis of offline business and investments we are seeing in 2020-2021. Also I think we are very close to mass adoption and real implementing of crypto in our lives. The future is near and this time this bubble can reach very high levels. BTC can hit 500K easily. Imho.

If we compare what happened in 2017 with what happened this year, it is indeed different. Investors who joined this year were already fully
prepared, because they learned from what happened in 2017. Nowadays most investors are much more patient with volatile price movements
in the market, while in 2017 there was panic after the market crash. So when the price of Bitcoin managed to reach ATH, then experienced
a correction below the price of $60k, not many investors panic. Because they know Bitcoin will only go down temporarily and will come back up again.
Moreover, in 2021 there will also be quite a number of institutions joining, this makes the popularity of crypto increase and makes trust in crypto
increase. Even now there are countries that have legalized Bitcoin as a legal tender, meaning that the adoption process is quite massive.
With so many positive things that have happened this year, I don't think it's possible this year to repeat what happened in 2017.

MadeMen

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The cryptocurrency industry is quite unpredictable, the 2017 bull run should not be a yardstick for predictions as several things have changed in the past two years. Many more people are involved in the cryptocurrency space and the market capitalisation has increased significantly. It's best to unlearn the market situation of 2017 and approach the market with a new perspective.

letyouearn

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Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

Well, I am very optimistic this time and the reason is mostly - huge dollar emission and crisis of offline business and investments we are seeing in 2020-2021. Also I think we are very close to mass adoption and real implementing of crypto in our lives. The future is near and this time this bubble can reach very high levels. BTC can hit 500K easily. Imho.

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Quote from: Balmain on November 20, 2021, 05:45:03 PM

There are similar cycles in cryptocurrencies, yes it is true. But as you said, there are many projects that develop their networks today, when I look at the roadmap of all of them, I see that there is a long way to go. This year's bull run is unlike any before. There is a market that attracts the attention of corporate companies and even governments. There have been various developments for this market. NFTs in particular have a lot of hype

If there are similar things are happening in this crypto space then how and why shitcoins are also being created? I mean devs must learn from others mistake and should avoid going for same type of coins as usually repeated/copy-craps are becoming shitcoins over the time. So, if devs are careful enough then they could serve us in fruitful way rather than just by having intention of scamming investors of this crypto space.

We need to agree that repeating of trend is happening in this crypto world in all kind of ways which is not limited to only progressive things. It means even scams also happening in repeated manner which must be a worrying sign for all crypto investors in all sense.

Balmain

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Quote from: zasad@ on November 06, 2021, 12:44:38 PM

Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

There is no need to compare these 2 different time periods. If the majority thinks that there will be a bear market in Q1 2022, then this may not happen. There is still a lot of positive news to come out on the ecosystems of Ethereum, Polkadot, Solana, Cardano, etc.
And it will not necessarily be in a sary scenario with the movement of liquidity from bitcoins to altcoins.

There are similar cycles in cryptocurrencies, yes it is true. But as you said, there are many projects that develop their networks today, when I look at the roadmap of all of them, I see that there is a long way to go. This year's bull run is unlike any before. There is a market that attracts the attention of corporate companies and even governments. There have been various developments for this market. NFTs in particular have a lot of hype

sana54210

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Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

Market is always known for not getting us what we are expecting in general. So, this time also we must need to get ready for big surprises like what we have experienced by the times of end of 2017 (like people were speculating about getting into $10k by end of 4th week of December 2017 but we got up to $19.5k by 2nd week of December 2017).

This time there are a lot of possibilities of continuous and of bull bun into upcoming year as well. This must be one of the non-speculated surprise we could expect from bitcoin market but not sure what future got to unfold for all of us with respect to bitcoin markets.

sulendra12

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Quote from: Stanlo on November 06, 2021, 06:11:11 AM

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

It's already much better than in 2017 in terms of.the hype and the time the hype is still exist. I am actually surprised to see in 2021, we havent seen any major crash and people often becomes more hype with new things that they found. But still, just prepare for any caution and big moves in christmas and holiday later, we might see something there.

wxa7115

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Quote from: aprilnot on November 16, 2021, 06:56:07 AM

Quote from: wxa7115 on November 15, 2021, 04:16:59 PM

Quote from: FloridaKid on November 09, 2021, 03:32:56 PM

Things will work out differently this time because the demand of crypto in 2021 is way bigger than that of 2017, huge institutions are into crypto right now and it's growing faster than the past so things will be different, even if bear market happens it won't last long like that of 2018 and 2019

Another factor that is completely different than what we saw back then in 2017 is the state of the economy itself, right now there are fears among the population about whether or not the economy is going to recover, and this means they are looking for alternative investment which are not part of the traditional system to protect themselves in the case of a crash.

Gold and Silver have always been a good way to protect yourself in times of economic uncertainty but now Bitcoin and the market of cryptocurrencies in general is also part of this conversation, making more unlikely the possibility of a crash at the end of this year.

yes you are right, the situation where everyone doubts whether the economy will recover or not is a plus for the crypto market. bitcoin is an alternative investment after the recent pandemic. and this is the difference compared to 2017. and don't forget about the NFT hype, many people who were not familiar with crypto are getting interested because of NFT. The current NFT ecosystem is very strong, and it looks like the hype will continue for some time to come. There are a lot of positives right now, and all of them will prevent a situation like 2017 from happening.

Without a doubt the market of NFTs is strong however we must not forget that back in the day we had icos and they looked to be as strong if not stronger than the NFT market, and yet the ico market crashed hard and it never recovered, and while things like ieos and other forms to raise fund eventuality appeared they never reached the popularity that icos had back then.

So it is important to recognize that fact and understand that most of the time hype moves those markets and once a correction or a crash comes those that are the markets that will suffer the most, bringing down anyone that is invested in those kind of projects with them.

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Quote from: coinzzzpro on November 10, 2021, 09:20:27 AM

Back in 2017, blockchains shot up; this year, NFT and Defi shot up. And the most generous projects win (Uniswap, 1inch) they are not stingy with airdrops. Greedy projects lose because they do not have a loyal community.

I believe the current market conditions are very strong and the market will not crash again after 2017, the market skyrocketed in 2017 because of the many successful projects during the ICO, even many projects that could achieve a hardcap of up to $100 million only when presale or less than a month, while Now the market is skyrocketing due to the large number of big companies and millionaires investing in crypto.

dupee419

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Aside from the market being bearish, the price difference between 2017 and 2021, aside from those I have mentioned, the biggest difference today and then is that more investors are interested investing in crypto compared to investing in banks and start-up projects IRL, investors prefer going crypto since they know how big the profit is in crypto, also, social media has changed throughout the 4-year mark, it is much easier nowadays to promote your coins as there are so many platforms to choose from, the difference back then and now is that there are fewer platforms back then compared to today's crypto market.

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Quote from: nitin8263 on November 16, 2021, 12:23:57 AM

2017 was very different from the 2021, in 2017 there were no so much Altcoins as compare to 2021 and in 2017 and now the price of Btc & Eth is too high then 2017 and this time many of new investors are taking interest.

The big difference between 2017 and 2021 is bitcoin price can reach $68k as the highest price, although the price now gets a correction and down to $60k while ethereum is following to go down to $4,200. I believe that both bitcoin and ethereum will increase in these two months or next year again but we must have more patience following the prices. Yes, many new investors are attracted to the cryptocurrency now and they already bought many bitcoins at the beginning of this year. So crypto has a bright future more than we can expect because more investors will follow the previous investors.

aprilnot

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Quote from: wxa7115 on November 15, 2021, 04:16:59 PM

Quote from: FloridaKid on November 09, 2021, 03:32:56 PM

Things will work out differently this time because the demand of crypto in 2021 is way bigger than that of 2017, huge institutions are into crypto right now and it's growing faster than the past so things will be different, even if bear market happens it won't last long like that of 2018 and 2019

Another factor that is completely different than what we saw back then in 2017 is the state of the economy itself, right now there are fears among the population about whether or not the economy is going to recover, and this means they are looking for alternative investment which are not part of the traditional system to protect themselves in the case of a crash.

Gold and Silver have always been a good way to protect yourself in times of economic uncertainty but now Bitcoin and the market of cryptocurrencies in general is also part of this conversation, making more unlikely the possibility of a crash at the end of this year.

yes you are right, the situation where everyone doubts whether the economy will recover or not is a plus for the crypto market. bitcoin is an alternative investment after the recent pandemic. and this is the difference compared to 2017. and don't forget about the NFT hype, many people who were not familiar with crypto are getting interested because of NFT. The current NFT ecosystem is very strong, and it looks like the hype will continue for some time to come. There are a lot of positives right now, and all of them will prevent a situation like 2017 from happening.

Topic: 2017 Vs 2021 - page 2. (Read 633 times)