2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices
From Bitcoin.com
On December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin and many other cryptocurrencies.Read more: https://news.bitcoin.com/2017-the-year-of-altcoins-forks-and-five-digit-bitcoin-prices/2017: The Year of Altcoins, Forks, and Five Digit Bitcoin PricesCryptocurrencies have had an incredible run in 2017, to say the least. The entire landscape of 1,368 different digital assets now commands a whopping $585Bn market capitalization. One significant factor that has changed is back when bitcoin was $960 per coin, its market capitalization dominated all 1,300 altcoins by 90 percent, but now that metric is much lower. It was the only cryptocurrency that had over a billion dollar market cap, in fact, it had a valuation of $14.1Bn on December 25, 2016.
2017 was fantastic year for anyone holding crypto coins. In my opinion (and John McAfee's) we have only begun to scratch the surface on crypto currency valuations. 2018 is going to be our year and plenty of new fortunes will be forged.
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Well done! Yes, this will be the year for the exponential growth of Altcoins. Many a new decamillionaires shall be minted and I truly wish you be one of them!
Kind Regards,
@haejin
This the year. Wishing you and your family a lovely and fruitful new year
Happy New Year!
True but amount of money i earned by mining with my graphics card is still the same 2 dollars per day.
Happy new year to all
May this be a joy full Year for you
May this be a year Cryptocurrency Becomes Mainstream like Fiat currency
Indeed was a good year for us who believe in cryptos. Let's see if the value remains or increases next year, in the meantime, while I embrace them, I never lose sight of a crack. Hope you have a great year!
2017 was a rollercoaster ride for cryptocurrencies. I saw how altcoins dropped when bitcoin keeps on rising then rose back up at the end of the year. I would expect the same rollercoaster ride on 2018. Happy New Year!
Happy New Year!!!
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