The Year of Bitcoin – what ended the crypto currency revolution-2017

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In 2017, attention was paid to bitcoins and other crypto-currencies. What conclusions investors need to make in order not to make mistakes in the new year.

The outgoing year played a huge role in the development of the crypto-currency market. If 2013 was the year of the world triumph of bitcoin, then 2017 can be called the year of triumph of the digital assets market as a single phenomenon with a multitude of currencies and other elements.

It was in 2017 that a lot of people learned that bitcoin is not only not unique, but perhaps even not the most promising crypto currency: altcoins can be a real competitor to it.

In total, in 2017, the rate and capitalization of bitcoin increased approximately 20-fold (as of the end of the year), and the capitalization of all ‘cryptos’ by 34 times.

– Update three-year record and the Chinese demarche –

The last days of 2016 were marked by a rapid increase in the bitcoin rate. But the price was still lower than in the record days of December 2013.

So the year 2017 began with intrigue: will the record be broken in January? The answer was positive: the cherished 1000-dollar bar was the second time in history was overcome.

On January 6, a new record of the bitcoin course was $ 1100.