Bullrun 2020 vs bullrun 2017

[Piku]

I think cryptocurrencies are starting to improve. That means every cryptocurrency is moving in a digital ecosystem of improvement. So the market situation is much better. There will be more improvements in the days ahead from 2017 onwards.

[trauchot]

In 2017, if I am not mistaken, there was a very rapid growth of the entire cryptocurrency market, and in 2020 the growth of the cryptocurrency market began from the very beginning of the year and the cryptocurrency market is still growing, so of course I can immediately say that the growth of the cryptocurrency market in 2020 is very different from the growth of the cryptocurrency market in 2017.

[Zed0X]

Without reading the article, here's what I think the difference is in 2017 and 2020/2021

2017 bullrun was backed by retail investors due the ICO hype and the news that Japan officially acknowledge BTC as a currency might have added more fuel to the fire.

2020 ongoing bullrun wasn't even about DeFi. AFAIK, there's only a few who got sucked into this and got rug pulled compared to the ICO days because early investors learned their lessons. If DeFis were launched in 2018/2019, I bet it wouldn't even pump ethereum or other coins with smart contracts. 2020 was all about the institutional investors and yes, the pandemic also made them realize that BTC is a good store of value.

In 2021, prepare for an even bigger push both from retail and institutional investors.

[Malam90]

Bullrun 2020 and bullrun 2017 comparison, I support bullrun 2017 because those bullrun all cryptocurrencies market bullrun but in bullrun 2020 only some popular coins price pumped. Bitcoin, Ethereum, ripple, litecoin etc price more pumping but others cryptocurrencies market are in dull position.

Crypto markets are very matured and investors have gathered experience form 2017 bull run. The recent bull run is behaving with very maturity but it is only for few coins like Bitcoin, Ripple, BNB, LTC and few top coins including Defi tokens. This trend is good as bull run for all coins at the same time will ultimately destroy the market after a few days when bear will lay down with fever and  it's difficult then to pull him.

[Condorlaib]

Bullrun 2020 and bullrun 2017 comparison, I support bullrun 2017 because those bullrun all cryptocurrencies market bullrun but in bullrun 2020 only some popular coins price pumped. Bitcoin, Ethereum, ripple, litecoin etc price more pumping but others cryptocurrencies market are in dull position.

Crypto markets are very matured and investors have gathered experience form 2017 bull run. The recent bull run is behaving with very maturity but it is only for few coins like Bitcoin, Ripple, BNB, LTC and few top coins including Defi tokens. This trend is good as bull run for all coins at the same time will ultimately destroy the market after a few days when bear will lay down with fever and  it's difficult then to pull him.

Today, the cryptocurrency market is more stable and investors are more thoughtful when making their decisions regarding a particular project. That is why we do not see such sharp jumps in the market rate. I believe that slowly but surely until the middle of next year, Bitcoin will reach a new all-time high.

[naitik01]

There seems to be particularly similarities in the bull run of 2017 and 2020 but the value of more altcoins has still dropped. I think it will improve in the coming times and people's trust in cryptocurrency will remain intact.

[gourav787]

Maybe bull run in 2017 is big as compared to bull run of 2020 . Bitcoin really pump from 5000$ to 20K USD . I think This is still perfect time to exchange Bitcoin or other currency into Usdt . Maybe their will be some dump after December of 2020 .

[Gurujebs]

What about now? Aside from bitcoin, do you really think this will not collapse?
Market happens in circle, we will soon experience another one and you should expect market decrease and altcoins will suffer the most. The ones that aren't fundamentally built will collapse.
If you are having profits, sell and buy back when it tanks as the market is still smiling on everyone.

[fgh]

This bull market is really different from the one in 2017. Then there was hype, now there is almost no hype. Also, we climbed too quickly from the base, in a very short time. Moreover, there was no access to the exhibitor. This is strange. A correction would be very possible now.

[Istiak]

Yes, those two are very different. In 2017 there were mostly retail investors and that is why the market dump so easily. But this time we have big institutional investors and they are not dumb that they will dump the price after seeing a little bit of market manipulation. People are more matured now.

[missbtc]

Now there is a lot of news about Bitcoin in the news, but FOMO has not yet arrived, since people already saw the price of 20k in 2017.  I think the hype will return to the markets when Bitcoin gains a foothold above 25-30k.

[edmundo]

The bull run of 2017 can't be compared to that of 2020. I strongly doubt that we will be seeing the sustained success of the cryptocurrency industry in terms uniform price appreciation like we saw back in 2017. There was literally money pumping into the industry and everything was bullish. However, in 2020, people have been cautious about investing into unknown projects and the bullish trend hasn't been uniform or affected most altcoins.

[Tnoy30]

The situation in 2020 is much better. But 2017 was the best time for cryptocurrency. I think the current situation is not the same as before in 2017. However, it has improved a bit. So I think it is important for a bull run to happen in the market.

[Master107]

I found it different because every year is another year. All things are subject for change. The 2017 bullrun was for 2017. The 2020 massive bullrun (if there is) is for 2020.

I mean the movement to bull run on 2017 should not be the same pattern on this 2020 or 2021. Why? In order to confuse crypto enthusiasts. If the same pattern will be use, then no more excitement for the next wave.

[robert20]

This time the bull run is much much bigger than the one of 2017. At 2017 when people were making money by trading many people started investing blindly this time most of the invetsors have vast knowledge of crypto. Big payment systems like PayPal and Visa started accepting crypto. Al of this having a great impact on the market. This time the bull run will be much bigger than the one of 2017