SourceThe 2017 will be marked as the biggest year in the history of Bitcoin, with astronomical peaks paving the way for the preeminence of the cryptocurrency to explode in the common consciousness.

December will be forever remembered for the massive Bitcoin price correction after reaching the $ 20,000 milestone, but many things happened in the run up to the end of the year.

Rewinds to January 2017. Bitcoin had just broken through the $ 1,000 barrier and the chatter among crypto-enthusiasts was that the virtual currency was ready for a bullish year. It is fair to say that nobody anticipated an eventual growth of 2,000 percent before the market correction, but the statistics will tell a different story.

Google statistics

A quick glance at Google Trend's analytical chart shows that interest in Bitcoin had a small peak in May, while it really started generating worldwide interest around the time SegWit2x was postponed and Bitcoin's bullish race started.

However, it was the second most searched news term in the world in 2017, while it ranked third in the category of search, often funny, of "how to do it."

Interestingly, the countries where Bitcoin was sought most often were not the big economies of the first world, but the developing ones. South Africa topped the list, followed by Slovenia, Nigeria, Ghana and Australia.

OCope the first places in the Google search trends is no small thing. It tells us that people were looking for information about Bitcoin, either for the latest price updates or on how to set up a Bitcoin wallet.

Bitcoin also ranked number one for the most searched term in Investopedia, the global encyclopedia for terms and financial and economic information.

The pleasure of the miners: letters in demand
As interest in Bitcoin and cryptocurrency grew, the average PC enthusiast and overclocking saw the opportunity to get involved in the action using their hardware to support the world's mining operations.

Mining enthusiasts did not waste time to take action, which quickly led to a massive increase in the demand for graphics cards, which are needed to solve the cryptographic puzzles that are used to validate transactions in the cryptocurrency Blockchains. .

Just before the middle of 2017, the manufacturers of AMD graphics cards had problems keeping up with the demand for cards.

The rival Nvidia boasted of higher share prices this year and the adoption of Blockchain technologies by companies such as Uber and Airbnb led analysts to predict even greater growth since both chip makers hold the key: hardware.

Nvidia's stock price even mimicked the price of Bitcoin for most of the year, although the company was not sure of its future in the market amid regulatory changes in China, which represents a large contingent of global mining operations. . Proposals were made to manufacture specific mining chips to protect the company from the changing needs of consumers.

Bitcoin gets approval from celebrities
Along with its new notoriety, Bitcoin and the cryptocurrencies also received the seal of approval of a celebrity in 2017.

Boxing superstar Floyd Mayweather made headlines on numerous occasions, as he intervened to promote several ICOs with the Ethereum Blockchain.

Soccer giant Leo Messi also joined the fray in a sponsorship agreement with Sirin Labs, which creates hardware to support Blockchain technology.

The list literally continues and here are some surprising names. First on the list is rapper Snoop Dogg, along with actors Gwyneth Paltrow and Ashton Kutcher.

Luxury items for sale
With the rise of Bitcoin, more people sought to take advantage of the appreciation of value that saw some luxury items, from mansions to personalized cars, which went on sale, not in dollars, but in Bitcoin.

For the right price, people could have in their hands a Rolls Royce, a Caribbean island, a luxury flat in the famous Notting Hill of England, or a mansion in Miami.

Trying to keep the pace
The explosion of interest in Bitcoin was a boon to the market, but it also proved to be a massive stress test for stock exchanges, their servers, infrastructure and payment systems.

As of November, major exchanges such as Coinbase, Gemini, Bitfinex and others had to update their systems to meet the massive influx of new users trying to open wallets in their bags.

This caused a big headache for many users due to the slow speed of transactions. However, without the massive volume increase, many of these exchanges may not have updated their systems, which is crucial for the development of more efficient bags.

Focus of the media
The growing interest in Bitcoin inevitably led to the subject being covered more extensively by the mainstream news media. Companies such as CBNC, Fortune, Bloomberg, CNN and Fox, to name a few, increased the coverage of the issue.

Every two days, these media giants invited financial analysts, crypto-currency experts and Blockchain engineers, basically anyone with a great knowledge on the subject to help inform the public.

As mentioned above, Bitcoin was the second most wanted news on Google, fueling the traffic of these websites and their various interviews.

Financial experts such as billionaire hedge fund manager Mike Novogratz and renowned stock exchange analyst Ronnie Moas led the way in terms of price predictions. Meanwhile, traditional financial institutions such as JP Morgan, the Bank of France, Coutts Bank were strongly opposed to the adoption of cryptocurrencies, as reported by many conventional media.

If the year 2017 was something to go through, we expect an excellent new year. The cryptocurrency market valuation is destined to be the first on the list, but constant advances in Blockchain technology and new offers should make the crypts generate more media interest in 2018.

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