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56010202 No.56010202 [Reply] [Original]

Are there any anons who experienced a 2017 bullrun?
Was DeFi even a thing back then?Were concepts such as onchain/offchain even existed?
According to DeFiLlama there was bascially no TVL back in 2017,so what was even the point of Ethereum?
Is crypto as we know it only became a thing in 2020?I don't even know that because I got into it in the middle of 2021, just weeks before the first top.
So I only know a few months of the bull and two years of soul crushing bear.
But then,why does tether still have 80bil mcap?That's 80x higher mcap than it was back in 2017.Is it because we are just expecting the next cycle will come and holding stables because of that?
Back then people probably didn't had that sort of mentality.Are we all abroad a sinking ship?

>> No.56010207

Just gtfo you drooling stupid frog spamming piece of shizo shitter
Nobody reads your shizo shit

>> No.56010214

>>56010207
What are you here for then?

>> No.56010542

>>56010202
2017 was the run of the ICOs. It was a novel time, when shitcoins were finally born left and right. That’s what made ETH such a big deal, because most of the shitcoins were launching as ETH tokens. DeFi summer came and went on ETH as well, but the 2020/21 period was also marred by total scam coins and rugpull casino which sucked a lot of liquidity out and which is why numbers never hit what they were predicted to.

Most of the money in stables is owned by crypto companies. It’s questionable whether or not it ever really enters the market again, but the most likely use case if it does would be to capitalize on some bullish news around halving to spur on another fake parabolic run and dump on all the new retail when ready.

I hope this answers all of your questions.

>> No.56010569

>>56010202
i wish i knew what crypto was back then

>> No.56010576

>>56010542
I see.I'm beginning to doubt the halving narrative cause I see how everyone expecting it to be a guaranteed pump and a start of a bull

>> No.56010577

>>56010542
so how about the new leaders of this mini-bullrun, will they have any chance of pulling a shib? like what do you think of these 3 coins specifically? Pepe, SP6900 and CONCEPT?

>> No.56010584

>>56010577
I missed the first 2 ones, dont know much about the other

>> No.56010586

>>56010576
>narrative
there's no such thing in crypto, everything is a lie

>> No.56010601
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56010601

>>56010584
the-concept.lol

>> No.56010619

>>56010202
2017 was nuts. Higher highs daily. Everything did a 10-100x within the span of a couple months

>> No.56010625

>>56010202
Only 500 chads left in the space anon

>> No.56010636

>>56010601
neat

>> No.56010644

>>56010601
the website looks nice. has it launch yet ?

>> No.56010650

>>56010601
funny website and looks retarded enough for a mooner

>> No.56010985
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56010985

>>56010644
where link

>> No.56011004

>>56010985
it was posted in this thread retard

the-concept.lol

>> No.56011014
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56011014

>>56010644
the lbp launches in an hour i think

>> No.56011030

>>56011004
What is this scammy shit all about?

>> No.56011447

>>56011030
@theconcept_eth

>> No.56011654

>>56010202


Was DeFi even a thing back then?
>Yes, I liquidated a few people on Ethlend which I guess became AAVE. It was manual loans where offers would be put out and you could accept whatever you wanted.

Were concepts such as onchain/offchain even existed?
>Yes, funfair created state channels which had verifiable actions off chain allowing you to enter a gambling session, do shit, and exit the session with 1 ethereum transaction.


According to DeFiLlama there was bascially no TVL back in 2017,so what was even the point of Ethereum?
>NFTs were a thing, DeFI was starting, ICOs were the craze.

Is crypto as we know it only became a thing in 2020?I don't even know that because I got into it in the middle of 2021, just weeks before the first top.
>nah it's basically still the same scamming and shilling with a lower barrier to entry


So I only know a few months of the bull and two years of soul crushing bear.
But then,why does tether still have 80bil mcap?That's 80x higher mcap than it was back in 2017.Is it because we are just expecting the next cycle will come and holding stables because of that?
>ursury, jewish tricks, they are cashing in hard on degenerate gamblers borrowing fake money

Back then people probably didn't had that sort of mentality.Are we all abroad a sinking ship?
>things with no utility will die out, anyone who buys shitcoins is basically trying to time ponzi schemes, there have been and will continue to be winners in crypto.