This rally seems far different than the one of 2017. 2017 was mostly Bitcoin and Ethereum which turned out to be slow expensive systems when you started putting them to the test. Over those three years new options have been developed with lower cost, innovation into NFTs etc and faster blocks. While Bitcoin and Ethereum are still the main wealth staples these other blockchains are actually making it possible to do real world things. That's a huge change compared to 3-4 years ago and actually brings me hope that this rally wont fade this time.
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Totally agree. 2017 saw a little bit of utility but was mainly hype around ICOs... some ponzis like Bitconnect, etc. The bear market lasted long enough that a lot of development took place since then. It will for sure be interesting to see if this rally lasts even longer than people are predicting... and if not, what would a major bear market look like at this point given the fact that more people will be using crypto on a daily basis? Thanks @bitcoinflood for stopping by :)
I wonder how many will nest in stable coins during the next bear market. Probably a lot more than the last one.