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Topic: Was 2017 the "Golden Year of Crypto"? - page 10. (Read 35819 times)

hero member
Activity: 1426
Merit: 506
October 28, 2020, 10:19:35 AM
Yes Q4 of 2017 and Q1 of 2018 was the golden year for crypto. We have seen many records on that year. Every single coin pump a lot that time. But this is not the end. I believe we will see this type of Golden year very soon again.
If there is a golden year for the entire market in all aspects, we saw much bigger scams during that period and no one should forget those, including ICO scams where millions of dollars are duped and then there were the ponzi coins who had much support from some sections of the community. If you are expecting another golden year expect the scams popping up left and right and we are seeing those signs with DeFi scams.
full member
Activity: 854
Merit: 103
October 28, 2020, 09:57:51 AM
In 2017, the crypto market was only just beginning to create products on the Ethereum smart contract platform.
People are curious about Bitcoin right now, the number of Bitcoin searches has soared during this time, individual investors and hedge funds are looking to Bitcoin and ICOs. It is these factors that make Bitcoin and many other cryptocurrencies increase in value. I think the bull run is like a big bubble. Then everyone lost money because of the bubble burst.

Currently, old projects have specific products after they have ICOs from 2017, some projects are dead, that's how selective markets are. This is a golden time when the crypto market naturally develops in terms of project value and quality.

This year was the start for many guys as they simply decided that cryptocurrencies would make them rich. That was the year of the highest crypto jump, and not the golden age. Meanwhile, 2017 really changed the life of thousands, and it people definitely started to live better.
full member
Activity: 737
Merit: 104
October 27, 2020, 04:36:10 PM
Yes Q4 of 2017 and Q1 of 2018 was the golden year for crypto. We have seen many records on that year. Every single coin pump a lot that time. But this is not the end. I believe we will see this type of Golden year very soon again.
legendary
Activity: 3752
Merit: 1415
October 27, 2020, 04:16:38 PM
2017 began as a bullish year for Bitcoin and other cryptocurrencies on the market. I remember when BTC went from $1k to almost $20k in just 2017 alone. That's a massive price increase never before seen in the history of crypto. During that time, new projects started to rise with ambitions to make our world a better place. ICOs where a big hit, followed by Bitcoin-based forks like Bitcoin Cash and Bitcoin Gold. Many who invested prior to the bull market of 2017, have made exponential gains in a short amount of time. It was crypto's best moment as it went into the mainstream so quickly.

Once 2018 started, prices for major cryptocurrencies went all the way down the drain. Governments imposed heavy-handed regulations against ICOs, reducing the demand for ETH and its tokens on the market. At the same time, some countries banned crypto from being used by their citizens. Many negative events happened in 2018, which stifled crypto's growth in the mainstream world. Then came 2019 that was almost the same as 2018, and now it's 2020 where people are starting to buy crypto once more because of the negative effects of COVID-19 on the mainstream economy. Yet, Bitcoin and other cryptocurrencies are still behind their latest ATH  (All-Time-High) in price. With BTC's Third Halving , prices should've been within the $15k range by now. Still, crypto is not the same as it used to be back in 2017.

Do you think that 2017 was the "Golden Year of Crypto"? Or is the best is yet to come? Your input will be greatly appreciated. Smiley

Why was bitcoin "supposed" to be any price after halving.  2017 was certainly a good year but there were other years that were good too.  I dont know what you mean by golden years, but if after only 8 years crypto hit its golden age already were are in trouble lol.  People make too much of these short term highs and lows. 
member
Activity: 588
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Bounty Detective
October 27, 2020, 03:56:47 PM
With the 4 years cycle (as many peoples believe) maybe 2021 will be a golden year. But the problem here is crypto has been quite widely known, which means how it can happen when everyone are waiting for it.
Now many people pay attention to the "4 years cycle", but if everything was so simple and easy to calculate, then there would be much more well-off people in crypto space
sr. member
Activity: 1974
Merit: 453
October 27, 2020, 07:30:26 AM
Most of the project , coins and many investors earned a lot of money in the year 2017 because the bull market happened even I experienced also to earn more money . But 2018 and 2019 is not good for us because the rpice is continue decreasing but when 2020 entered we have hope and it will happened right now we can back or better the price the value of the crypto and we can create again another golden year for the crypto if we reallly want .

There was a bull run in 2017, but it was not sustainable. Many of the smaller projects went up by 100x or 200x, but they were unable to keep the hype alive. Also, there were incidents, when some of the teams received unexpected windfall and after that they vanished with all that money. If a similar bull run happens in the future, I just hope that it will be sustainable.
full member
Activity: 1638
Merit: 122
October 27, 2020, 06:49:35 AM
Looks like we will be having another golden year what you think guys?

Look how the Defi based projects dominates the market this past weeks or months and now still on the road to success.


yeah mate thats what i think too but its not about defi but its all about the pump of btc  . by the time btc start moving from 10k , the price starting to increase all the time althought its not that high but it was a good run becuase the price didnt return to 10k or under than that again .

 currently the price was playing between 13k and 14k  .

 november is when btc starts another check point and then for the main event which was going to happen on december , all coins are definetly going to join the bull ride  .
full member
Activity: 2408
Merit: 202
October 27, 2020, 06:35:44 AM
Looks like we will be having another golden year what you think guys?

Look how the Defi based projects dominates the market this past weeks or months and now still on the road to success.

With this and combined in the coming bullrun this year or the next,i believe that we will be having another High and may step more from what we achieved in 2017.
sr. member
Activity: 1274
Merit: 263
October 27, 2020, 06:31:54 AM
Most of the project , coins and many investors earned a lot of money in the year 2017 because the bull market happened even I experienced also to earn more money . But 2018 and 2019 is not good for us because the rpice is continue decreasing but when 2020 entered we have hope and it will happened right now we can back or better the price the value of the crypto and we can create again another golden year for the crypto if we reallly want .
member
Activity: 124
Merit: 10
October 27, 2020, 06:11:00 AM
Yes, 2017 was golden for cryptocurrency. Hopefully the time may come again in 2021-2022.
sr. member
Activity: 868
Merit: 256
October 27, 2020, 03:47:03 AM
I'm not really sure, but 2017 is surely the best year of ICO projects in cryptocurrency history.
Because many company were launching their ICO projects in crypto, then cryptocurrency price was rising to the highest at that time.
It was a simple supply and demand law, the value of cryptocurrency was rising because many demands of crypto.

I may not so sure that year 2017 will applicably called as a GOLDEN YEAR of cryptocurrency but that year was really a remarkable year of cryptocurrency. Some says that at that year crypto was in its beginning but if it is in the beginning it was really amazing knowing that at that year bitcoin value hit almost $20k. Meaning to say digital currency has a future in the market, but suddenly this amazing performance of crypto didn't last and by the year 2018 enter crypto began to dumped. But as we expect the same process like year 2017 i bet were near to come who would've thought that this year even we faced a pandemic crisis cryptomarket value were amazing in good situation.
full member
Activity: 1260
Merit: 100
October 27, 2020, 03:23:05 AM
I'm not really sure, but 2017 is surely the best year of ICO projects in cryptocurrency history.
Because many company were launching their ICO projects in crypto, then cryptocurrency price was rising to the highest at that time.
It was a simple supply and demand law, the value of cryptocurrency was rising because many demands of crypto.
hero member
Activity: 2842
Merit: 625
October 26, 2020, 06:38:09 PM
It hasn't been that long since then, when all had changed so rapidly and disappeared until now. I still can't believe 2017 was the greatest year of my life, my life has changed drastically from having nothing to what I want to achieve. Could the golden crypto year be repeated next year? considering the bitcoin halving is coming soon. Smiley
I'm sure that you're one of those people that have made a lot during the golden year.

With your question, I say yes. History repeats itself and by that time, it could even be more than the golden year of 2017. It's a matter of trust and maturity of cryptocurrencies.

Everyone is starting to see the potential of it unlike those early years.
sr. member
Activity: 1451
Merit: 258
October 26, 2020, 05:56:38 PM
It hasn't been that long since then, when all had changed so rapidly and disappeared until now. I still can't believe 2017 was the greatest year of my life, my life has changed drastically from having nothing to what I want to achieve. Could the golden crypto year be repeated next year? considering the bitcoin halving is coming soon. Smiley
sr. member
Activity: 1442
Merit: 265
October 26, 2020, 03:08:30 PM

Do you think that 2017 was the "Golden Year of Crypto"? Or is the best is yet to come? Your input will be greatly appreciated. Smiley
2017 was a fascinating year for bitcoin and overall crypto market as well. The growth we saw in 2017-18 was not seen anywhere else in anyother market ever.
So 2017 will be rememberd as a great year for sure as many eyes turned to crypto because of the gains back then. But remembering that excitement we can be hopeful of better bulls this time again as well.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
October 26, 2020, 02:37:03 PM
I am not so sure that 2017 is the "Golden Year of Crypto". But it was a very profitable year. Many altcoins have increased in price, at that time the bounties were very satisfying.  Grin

Bounties were very rewarding back then. Unfortunately, the crypto/Blockchain space has become saturated with many scam projects. This has lead to a decline in the number of bounties available on the industry. 2017 was a wild and crazy year filled with excitement across all levels. Crypto reached new heights in mainstream adoption within such a short amount of time. Some say that the best may be yet to come as crypto experiences higher demand across the market because of the coronavirus pandemic. With the crypto market experiencing a surge in price as of late, it seems to me that 2021 will become crypto's best year yet.

Nonetheless, anything could happen with crypto as it behaves in strange and bizarre ways. Even if 2021 doesn't turn out to be crypto's biggest year yet, 2017 will always be remembered as the year when crypto became widely adopted in the mainstream world. It was the year that started it all. Now that most people have heard about crypto/Blockchain tech, it shouldn't be long enough before the market experiences new gains in price. If everything goes accordingly, the whole crypto market may be valued at $1 Trillion USD. And early adopters (like you and me) will benefit the most with this trend. Just my opinion Smiley
full member
Activity: 504
Merit: 102
CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
October 26, 2020, 11:49:28 AM
In 2017, the crypto market was only just beginning to create products on the Ethereum smart contract platform.
People are curious about Bitcoin right now, the number of Bitcoin searches has soared during this time, individual investors and hedge funds are looking to Bitcoin and ICOs. It is these factors that make Bitcoin and many other cryptocurrencies increase in value. I think the bull run is like a big bubble. Then everyone lost money because of the bubble burst.

Currently, old projects have specific products after they have ICOs from 2017, some projects are dead, that's how selective markets are. This is a golden time when the crypto market naturally develops in terms of project value and quality.
jr. member
Activity: 392
Merit: 2
October 26, 2020, 11:43:20 AM
...
Do you think that 2017 was the "Golden Year of Crypto"? Or is the best is yet to come? Your input will be greatly appreciated. Smiley

We can't say that 2017 is the "Golden Year of Crypto", as we are at the very beginning of the development of crypto. I am sure that there will be many more surprises in the future, which will be associated not only with the price of BTC. but also the appearance of new altcoins that will attract attention.

We know we can’t predict what would happen in the future and thats based on what if but for now I agree with him that for now 2017 can be classified as the “Golden Year” for all crypto currency, that was a massive year for crypto currency which brought massive new people into the crypto currency world including me and it has been a blessing
member
Activity: 239
Merit: 17
October 26, 2020, 11:03:38 AM
During the last quarter of 2017, we can say that it's the Golden Days of Bitcoin. We've perceived how Bitcoin siphoned at it's Best that time thus numerous financial specialists got snared with that function. Bitcoin denoted a set of experiences around then. Also, as a result of that digital money got known to a great many people and loads of them turned into a speculator with a few ICO's. Endless individuals likewise made rich by Bitcoin during that time. Also, presently everybody is seeking after  new Golden days of Bitcoin
member
Activity: 298
Merit: 11
Be happy =)
October 23, 2020, 04:35:44 PM
Yes, it was a golden year, but there will still be platinum, diamond and others. Patience, my friend)
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