2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: inlovewith on January 03, 2018, 12:29:22 AM

Quote from: wxa7115 on January 02, 2018, 11:00:40 PM

Quote from: Febo on January 02, 2018, 10:12:47 AM

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. You see all beside year 2014 were positive.

2010 $0.003 +10000%
2011 $0.3 +1566%
2012 $5 +160%
2013 $13 +5823%
2014 $770 -59%
2015 $316 +36%
2016 $430 +128%
2017 $980 +1286%
2018 $13585

But this is true when we think of it in terms of percentage, when we see this in terms of dollars this has been the best year so far and seems like a breakthrough year to me, a year in which bitcoin is no longer a coin known to some people in an obscure part of the internet, bitcoin is finally going mainstream and we'll see more of this in the next years.

The percentage represents the amount earned for anyone who bought.

Yeah I know that too, but there are many ways to look at the same date, what are you more impressed with a jump from 0.003 to 0.3 or from 980 to 13585, while the first jump is bigger and it is a 100x in a single year the jump in dollars is more impressive for the average person that is used to think in dollars, when bitcoin was worth a few cents no one was impressed, now that is worth several thousands of dollars people are impressed.

pitiflin

hero member

Activity: 980

Merit: 507

Some one to provide with useful information, as other idiots just blatantly make threads stating that "bitcoin has increased to its highest in terms of percentage" and blah and blah and blah. This year may or many not prove to be much affective for bitcoin because of various reasons, one would be that people are starting to despise bitcoin because of high fees and time consuming transactions. They are looking for better alternatives, so they are switching to Ripple, Stellar, ethereum etc. People don't want to know on how to use Segwit addresses nor do they care to learn, and yet blame bitcoin for it.

Hydrogen

legendary

Activity: 2562

Merit: 1441

Quote from: Febo on January 02, 2018, 10:12:47 AM

You see all beside year 2014 were positive.

....

That's a good point. I know 2014 wasn't the best year for bitcoin. Still that was a great time with Ross Ulbricht (aka Dread Pirate Roberts) claiming he inherited Silk Road from the previous Dread Pirate Roberts & had no idea where the original silk road came from. I know he's in prison now & probably not in the best circumstances but man that was hilarious.

2018 could be a key year for bitcoin. I think the new year will be pivotal in writing bitcoin's history. At this point, I don't think anyone knows what will happen. I'm clueless and am out of ideas. It appears the speculation and price volatility inherent in bitcoin is dying down as people come to the realization bitcoin isn't the easy money they initially thought it might be. That could be good for long term HODL / bitcoin as a store of value if market speculation decreases. Other than that, I'm expecting bitcoin & crypto to be a warzone, moreso than its been in past years.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: hase0278 on January 03, 2018, 04:30:01 PM

Quote from: Febo on January 02, 2018, 10:12:47 AM

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. You see all beside year 2014 were positive.

2010 $0.003 +10000%
2011 $0.3 +1566%
2012 $5 +160%
2013 $13 +5823%
2014 $770 -59%
2015 $316 +36%
2016 $430 +128%
2017 $980 +1286%
2018 $13585

I agree that 2017 was the 4th best year for Bitcoin as it is the year of the dawn of massive adoption of cryptos. It is the year that proved Bitcoin has real worth and is not just a Ponzi scheme although in the process some people still call it a bubble. At least it was legalized by some countries. I hope 2018 would be another year of Bitcoin development and rise. I hope it won't go to a bearish trend this year.

Even if 2018 will be bearish. What then? History teach us that even after rare bearish years there are many strong bull run years. I dont expect any year with +1000% Bitcoin growth anymore. But that will also eliminate possible future bearish years also

chrmn27

newbie

Activity: 56

Merit: 0

I believe 2017 is the year when Bitcoin boomed like "WOW". I only heard of bitcoin last year and I was amazed how my schoolmates get to know it considering we all now have various paths and we don't actually talk about it. They got their own knowledge about it from their new colleagues and from the internet. It proves to me how famous bitcoin was in 2017. I wish it could go more popular in 2018 and could go up in terms of its value.

SrEasts

member

Activity: 112

Merit: 12

Aida Service

Although it may have been the 4th year in terms of percentage, its just stunning how high it reached value wise... 3 months ago most people were praying for it to reach 10k and they though that once it reached that value others would panic sell and bitcoin would drop (since 10k was the price to finally cashout at for many). Here we are 3 months later we had an ath around 20k and i think most of us expect a bright 2018 for cryptocurrency in general

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: hase0278 on January 03, 2018, 04:30:01 PM

Quote from: Febo on January 02, 2018, 10:12:47 AM

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. You see all beside year 2014 were positive.

2010 $0.003 +10000%
2011 $0.3 +1566%
2012 $5 +160%
2013 $13 +5823%
2014 $770 -59%
2015 $316 +36%
2016 $430 +128%
2017 $980 +1286%
2018 $13585

I agree that 2017 was the 4th best year for Bitcoin as it is the year of the dawn of massive adoption of cryptos. It is the year that proved Bitcoin has real worth and is not just a Ponzi scheme although in the process some people still call it a bubble. At least it was legalized by some countries. I hope 2018 would be another year of Bitcoin development and rise. I hope it won't go to a bearish trend this year.

Theres no argue on that which I do really consider year 2017 is the best year for me. I don't consider on those earliest times since those years are only good for early adopters which mostly they do really benefited the most unlike now on where there are lots of bitcoins hodlers and did able to make money out of this years price increase which is really amazing. Hopefully this trend will continue on this new year.

hase0278

hero member

Activity: 882

Merit: 544

Quote from: Febo on January 02, 2018, 10:12:47 AM

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. You see all beside year 2014 were positive.

2010 $0.003 +10000%
2011 $0.3 +1566%
2012 $5 +160%
2013 $13 +5823%
2014 $770 -59%
2015 $316 +36%
2016 $430 +128%
2017 $980 +1286%
2018 $13585

I agree that 2017 was the 4th best year for Bitcoin as it is the year of the dawn of massive adoption of cryptos. It is the year that proved Bitcoin has real worth and is not just a Ponzi scheme although in the process some people still call it a bubble. At least it was legalized by some countries. I hope 2018 would be another year of Bitcoin development and rise. I hope it won't go to a bearish trend this year.

Hateculd75

jr. member

Activity: 34

Merit: 1

The first years are always excellent because the price has gone crazy in a short, and then the rate of decline begins to decline, the year 2017 was great, but we must see a few corrections.

bitcoin doing well and price added massive amounts 2017 was great and hope to repeat it again.

dumping from 770 to 316 is also not bad like dump from 14,000 to 7,000 or maybe less than that.
2022 will be next amazing year.

william8829

full member

Activity: 196

Merit: 100

Quote from: Febo on January 02, 2018, 10:12:47 AM

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. You see all beside year 2014 were positive.

2010 $0.003 +10000%
2011 $0.3 +1566%
2012 $5 +160%
2013 $13 +5823%
2014 $770 -59%
2015 $316 +36%
2016 $430 +128%
2017 $980 +1286%
2018 $13585

market capitalization

2010 1,508,165

2011 39,960,000

2012 142,712,300

2013 9,268,240,000

2014 4,249,480,000

2015 6,399,190,000

2016 15,440,700,000

2017 216,326,000,000

src=https://blockchain.info/charts/market-cap

AK47-

sr. member

Activity: 644

Merit: 250

2018 will not be that good a year for BTC because of altcoins catching up. It will still rise and stabilize but 2018 will be the year of altcoins. In 2017 itself ether and some other alts showed more growth than BTC. 2018 will see rise of cryptos other than ether & BTC because increasing public awareness with them. Particularly keep an eye on IOTA & DASH.

ajqjjj

hero member

Activity: 1498

Merit: 507

Not your Keys, not your Bitcoin

Quote from: dayem708 on January 03, 2018, 02:14:24 PM

I would like to say 2017 is the very fast best year for btc. btc grow up his own way!
But i think 2018 will be the better year for btc.. hope it will raise more than $20k.

There is no thread here in the forum for saying happy birthday wishes for bitcoin. This day first day bitcoin invented and comes to the market. You will find the bitcoin more bump this year for sure, I think we may find the bitcoin grows upto 25k USD before end of this year.
So next best year would be 2018. There are many companies and banks are allowing crypto platform in future for they comes with the new coin.

dayem708

jr. member

Activity: 123

Merit: 2

I would like to say 2017 is the very fast best year for btc. btc grow up his own way!
But i think 2018 will be the better year for btc.. hope it will raise more than $20k.

plasmafrog75

member

Activity: 100

Merit: 10

Quote from: Febo on January 02, 2018, 10:12:47 AM

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. You see all beside year 2014 were positive.

2010 $0.003 +10000%
2011 $0.3 +1566%
2012 $5 +160%
2013 $13 +5823%
2014 $770 -59%
2015 $316 +36%
2016 $430 +128%
2017 $980 +1286%
2018 $13585

We have seen over the past years BItcoin development has been very good, especially in 2017, but do you think that 2018 it will not be favorable? You can see in early 2018 it has started to silence not raise prices and even dropped. This is something that many people have to think about

13abyknight

sr. member

Activity: 602

Merit: 252

Quote from: Febo on January 02, 2018, 10:12:47 AM

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. You see all beside year 2014 were positive.

2010 $0.003 +10000%
2011 $0.3 +1566%
2012 $5 +160%
2013 $13 +5823%
2014 $770 -59%
2015 $316 +36%
2016 $430 +128%
2017 $980 +1286%
2018 $13585

Based on net growth and not percentage statistics, 2017 has clearly been the best year for Bitcoin with an opening at the three figure mark and closing at much over the five figure mark. Pretty sure the whole world of speculators were talking about $5k~ for the first 6 months of the year and Bitcoin breached all expectations reaching to as much as $20k.

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

comparing from the previous years i think popularity of bitcoin was increase rapidly on 2017 and in that year also bitcoin has break people predictions with reach the highest price in the history and although possibly on 2018 bitcoin price will more higher than now but i would like to says i agree that 2017 is the best year for bitcoin and bitcoin users because investment in bitcoin is the right choice and not useless

JL421

hero member

Activity: 812

Merit: 510

Quote from: Febo on January 02, 2018, 10:12:47 AM

2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. You see all beside year 2014 were positive.

2010 $0.003 +10000%
2011 $0.3 +1566%
2012 $5 +160%
2013 $13 +5823%
2014 $770 -59%
2015 $316 +36%
2016 $430 +128%
2017 $980 +1286%
2018 $13585

2017 gave bitcoin it's break. It's stability and the quick growth on the price chart made bitcoin a very prospective investment. It even helped altcoins to grow as well. Increase in people's support helped bitcoin tackle volatility. It will mostly cross 30 k by the end of the first half of 2018.

Erza

legendary

Activity: 1078

Merit: 1000

Quote from: Sadlife on January 02, 2018, 11:36:16 PM

The year 2017 was definitely the best, if you've invested millions in 2015 you will get 1000% return of your investment. The volatile nature isn't bad as we thought it would be, because of it we can buy cheap BTC then hodl and wait for another bullish run like 2017 were the price value reached $20k in just a few weeks.

We can't never know how much the price is going to be, all of these is still some speculation to make so we never know how long is the price going to drop or rise. But what I can say here if you believe on bitcoin then you should set your logically amount that it will hit and after that you should sell it right away. This is the possible way to earn some profit

Mean while this year price is keep on rising, so I would suggest that hodl it will be a better option. 2018 will be the best since many speculation said it will hit $20,000-$30,000 again

h0lybyte

hero member

Activity: 924

Merit: 511

The past year was truely best for bitcoin since its startup, a lot of people were grasped into bitcoin trading, i haven't seen such fastest growth in bitcoin ever before. People expect that 2018 would be more better and favourable to bitcoin and some altcoins as well. I hope bitcoin keeps all time high record during this year and we all achieve respective goals

kokobaba880

full member

Activity: 434

Merit: 101

Yes Bitcoin is good in many years and it is true that the year 2017 was best for the bitcoin for several reasons like bitcoin was used for trading and for investment and it was used for payments in the europe countries as well. If we compare the previous years i think 2017 was very lucky for the investors because they have earned good amount over their investment in the crypto currencies.

Topic: 2017 was 4th best year for Bitcoin after 2010, 2013 and 2011. (Read 287 times)