Topic: Anyone here got into crypto before 2017? How was it before the hype? (Read 1883 times)
September 22, 2018, 07:05:33 AM
I was entering crypto market on 2014 but still not too concern more about the price movement because at that time i was lack of knowledge but at the beginning of 2015 i was slightly understand how to earn money from crypto but as far as i remember at that time too the pump and dump were not happened so often such as now even when i was use my local exchange to trading the price still below to $1000 and the volume support still not too high
September 22, 2018, 06:03:08 AM
I entered the market in mid 2016 and bought my bitcoin for 570$. I never realised that it will grow this much the next year and after few months sold most of it to cover my trip expenses.
This is about trusting the coin we will invest,and i hope this serves a learning experience so it will never happen again
I’ve been here in crypto for three years and all i can say is this is total different from the past,ICO that time is reliable there are only few scam that you cannot even count in fingers legitimacy is their motto,not like now.the legit is fewer than scammers
September 22, 2018, 05:55:30 AM
I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
The market is before I is better than today because it is easier to earn and Bitcoin is growing organically. ICO is also better than before because majority of ICO before is successful and investors made a huge profit that is why ICO today are popping like mushroom. I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
September 22, 2018, 01:58:22 AM
it was a market for attracting newcomers, so a lot of investors became holders. study history, it will be interesting
September 20, 2018, 06:26:04 AM
I've been using Bitcoin regularly since 2012 and certain aspects of the community back then were a lot more fun.
Here on the forum, there was less spam and people were coming up with all these cool projects etc.
Felt more like a tight knit community back then.
I mean you still have that a little bit now, but to a lesser extent.
The whole ICO craze was also pretty much unheard of back then, so a lot less scamming going on in that area.
Not that there wasn't any scamming though, the amount of money lost through this forum is pretty staggering.
Just go and check out some of the older loan threads, some pretty funny and sad stories to be found.
Anyone remember Dank Bank for example?
Side-note: I know you want to hear about the market back then, but you can just go look at chart for that. I think there's already enough focus on that aspect of Bitcoin, just felt like talking about some other stuff.
Here on the forum, there was less spam and people were coming up with all these cool projects etc.
Felt more like a tight knit community back then.
I mean you still have that a little bit now, but to a lesser extent.
The whole ICO craze was also pretty much unheard of back then, so a lot less scamming going on in that area.
Not that there wasn't any scamming though, the amount of money lost through this forum is pretty staggering.
Just go and check out some of the older loan threads, some pretty funny and sad stories to be found.
Anyone remember Dank Bank for example?
Side-note: I know you want to hear about the market back then, but you can just go look at chart for that. I think there's already enough focus on that aspect of Bitcoin, just felt like talking about some other stuff.
Yes and at that time there was no intereference from the governments. This 2017 December bull run gave crypto unnecessary attention.
September 20, 2018, 05:28:05 AM
It took years to the world about Bitcoin and other altcoins come to the public. A wide range of people who believed from the start of the Bitcoin. There were a few of them. Many still haven't heard, but things came out and more and more people are aware of what they are and what they represent.
But if we see Google Trends, it becomes clear that, when the bubble bursts, the interest declines, and some people are out. Talking about a possible future growth, we must take into account that some part of the ripped off people will stay away from crypto. So not too many bubbles we can expect in the future. My point is that, there are a limited number of people on the planet, so once everyone knows, which to some extent happened in winter 2017, it becomes harder to make new people join and buy.
September 20, 2018, 05:19:23 AM
It took years to the world about Bitcoin and other altcoins come to the public. A wide range of people who believed from the start of the Bitcoin. There were a few of them. Many still haven't heard, but things came out and more and more people are aware of what they are and what they represent.
September 14, 2018, 08:58:39 AM
I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
I personally experienced the hype of bitcoin when it hit at $20k and most people wants to buy bitcoin and after few days it stated to dumps the price with almost 70%. The market had change after it hit the all time high as many bad news about crypto that added to sink the price to bottom plus to add the manipulation with those whales. I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
September 14, 2018, 08:53:26 AM
I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
than you ask, you should start to seek knowledge through reading a lot in this forum. this is very important to learn technically, so that you understand market patterns. currently the market is experiencing a pretty chaotic situation in a downward trend because correction is always happening almost every month. this situation cannot be explained by what happened in 2017, but this is an effect from last year.
September 14, 2018, 08:49:34 AM
I have found about bitcoin in 2015 and thought that it's just another type of financial pyramid. I joined bitcoin in 2016 after my boyfriend, currently husband, explained me all about it and Blockchain, I joined but still was full of doubts. 2016 didn't ping me a lot of profit,the price was 200$ and I was trying myself in many things, trading, faucets, gambling, commenting. Only from the end of 2016 I began to earn something and in 2017 my earnings raised together with bitcoin. Now I came back on the level of the end of 2016, as I call it "enough to buy bread".
September 14, 2018, 08:45:53 AM
I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
I am here since 2012 and this was a completely different forum. Less spam, more discuss. ICOs did not play a role and they really only discussed over Bitcoins and a handful of altcoins. The whole crypto world was much more manageable than today. The market was manipulated in the same way as it is today. Pump and dumps were as frequent as they are today. Some things haven't changed in time, other things like altcoins have change a lot. Nowadays people are much more open to altcoins, at that time every altcoin was either way a scam in general (even good projects were immediately condemned). Oh yes, the good old days. How quickly everything can change.
September 14, 2018, 08:37:31 AM
I've been around since 2016 and I can say that things were not like this back then, ICOs then are well presented and you can hardly stumble upon a fake project ,now that cryptocurrency is getting more popular I guess all eye are on crypto,both ravens,sparrows and eagles eyes .I'm not surprised though because this is what happens when something or anything gets popular ,both good and many bad will follow.
September 14, 2018, 08:25:25 AM
Before HYIP bitcoin forum was clean of bounty hunters.... It was a great time) then bitcoin was the currency of geeks and programmers and there were few people who believed that it would reach$20,000
September 14, 2018, 07:54:43 AM
It seems that nothing has changed, only the bottom of the big event was last year, it's bitcoin jumps, which reached a very high price and impressed many people, since at that time it was very unusual.
September 14, 2018, 07:50:56 AM
Was the market easy to manipulate?
pump and dumps were more common?
not quite sure but people were more cautious and not as many people into crypto yet pump and dumps were more common?
pumps and dumps were just about the same frequency and amplitude,
the difference is the increasing number of people involved and the total sum of money transacted
Were people more into ICO's? the ICO image was better than it is today?
back then you need to have your own blockchain for each coin, unlike easily created tokens with altcoins the common scam was hidden/misused premined coin for developer's own profit
I think ICO started just a couple years back (2015/2016??) when ETH introduced digital asset or smart contract
since then we get flooded by numerous ICO token projects and peaked sometime in 2017
September 14, 2018, 05:57:50 AM
Thank you for this great answer.
Seems like you have some experience that's for sure.
You could say that but I am sure I am just a small fish who likes to read more than talk. I tend to observe what others are doing and take decisions accordingly. Seems like you have some experience that's for sure.
Quote
What do you think about the latest market dump?
Dump and pump is a continuous cycle. Just the amplitude of this cycle varies. Note that in the past every dump has been associated with a pump and vice versa. In my opinion every pump or dump is temporary and you should act decisively to profit from the same in terms of fiat or crypto.Quote
does it seems to you like manipulation?
May be or may not be.Quote
and how do you think the market will react in the close/long term.
My take is bullish on every crypto market. Be it bitcoin or any other altcoin.Quote
I've been HODLING in the last few months and lost a lot of money. I'm HODL till the end, But I would really love to hear from someone more experienced than I do what's their opinion is.
Possibly you entered the market in a wrong price range. If thats the case you should not panic sell but hodl till the price crosses again. Then get in at a lower price - watch the market cycles closely to identify which point to enter and which point to exit.
September 12, 2018, 09:29:08 AM
I first heard about bitcoin in 2013\2014, and it was interesting. Then people on this forum really spoke but did not write posts for money.
September 12, 2018, 09:03:29 AM
I'm always wondering who are these people who invested in crypto in 2012 for example 
At that time it was something totally unknown and I don't think that someone really believed in it. Don't think something same will appear in the nearest 50-100 years.
At that time it was something totally unknown and I don't think that someone really believed in it. Don't think something same will appear in the nearest 50-100 years. September 12, 2018, 08:45:34 AM
I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
I got into crypto towards mid to end of 2016 by way of investing into Ponzi schemes and then, later on, In may 2017 I got to know about the trading process how we can trade our coins with BTC and vice versa. The manipulation was still there I think but then it was taking the bitcoin upwards and it was not manipulated in a certain price range like it is now(i blame futures market for this). Ico,s were a big thing back then no one wanted to miss out on the crazy gains which ICO's were providing unlike now.
September 12, 2018, 01:41:27 AM
I spoke with few friends recently about the hype that the crypto market received at the end of 2017.
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
I wonder how was it before 2017.
Was the market easy to manipulate?
pump and dumps were more common?
Were people more into ICO's? the ICO image was better than it is today?
Before 2017, it might still be a waste because Bitcoin prices at that time were still small at the end of 2017 and could only feel the poor results that our coins could collect for ourselves.
Oh, I used to mine Bitcoins even in 2013. Then I decided to sell everything that I earned. later, in 2015 I started trading and still I am dealing with this business. It is a fun and an additional money I can get fast.
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