Remembering 2017: the best memes of the crypto community

The year 2017 was saturated with events for the crypto industry. ForkLog magazine decided to recall the iconic events, the reaction of the crypto community to which the series of memes had spawned.

The first week of the new year 2017 has become one of the most exciting and dramatic in the history of the existence of bitcoin. The Crypto currency continued its rapid ascent and crossed the psychological mark of $ 1000. The crypto community, which did not yet have a clue about the future achievements of bitcoin, was lost in conjecture, whether the course will be able to gain a foothold on this mark.

On March 17, the price of Ethereum reached a new historic high against the dollar, reaching $ 50 on the Poloniex exchange. However, soon the Crypto currency was adjusted to $ 38. Market capitalization of Ethereum in this period reached about $ 3.5 billion.

On March 10, the Securities and Exchange Commission (SEC) refused to launch the bitcoin-ETF of the Winklwos brothers. As then explained in the SEC, changes in the rules of the exchange can not be accepted because of the "unregulated" bitcoin markets

On May 12, tens of thousands of computers around the world were exposed to the largest recent attack of the WannaCry virus. Hackers penetrated computers of users running Windows, encrypted all files and demanded a redemption of 0.16 BTC for their unlocking. Among the victims of the actions of hackers were state institutions of hundreds of countries.

On June 12, the Bancor project set a new record in the crypto industry, collecting more than $ 140 million during the ICO in less than three hours.

On July 12, the speech of the head of the US Federal Reserve, Janet Yellen, was interrupted by an unknown young man who was holding a homemade poster calling for the purchase of bitcoins. The screen went online, and the guy got the nickname The Bitcoin Sign Guy.

In July, MGT Capital Investments CEO John McAfee promised "to eat his penis on TV" if in three years the price of bitcoin does not reach $ 500,000.

In the same month, the fateful statement of the US Securities and Exchange Commission on the issue of the initial placement of tokens (ICO) was published. The SEC recognized tokens as securities on a par with shares in the traditional exit of companies to the exchange, which significantly complicated the startups' entry into the crowdsdale.

On August 1, the planned Bitcoin Cash hack took place, as a result of which the bitcoin block was divided into two chains. The digital asset was traded under the ticker BCC or BCH. The block size in the Bcash network was 8 MB.

In August, the popular crypto currency exchange Poloniex updated the rules for using its services. The rules noted that the exchange can provide its services to residents of countries that are not subject to US Commerce Department sanctions. Among other things, this means that the user is not a citizen or resident of the country to which the United States imposed a trade embargo. New rules have caused confusion for most users.

One of the most resonant events of September was the ban by the People's Bank of China on the initial placement of coins in the country, equating the ICO with illegal financial activities. Almost immediately after that, local ICO-platforms began to return funds to investors.

September will also be remembered by a flurry of criticism from the mouth of JPMorgan Chase & Co CEO Jamie Daymon to the first crypto currency.

It is interesting that a few days later the investment division of the leading American bank JP Morgan became one of the largest buyers of bitcoin-notes on the Stockholm Stock Exchange Nasdaq.

A well-known supporter of Bitcoin Cash, Roger Ver, in a company with a Canadian entrepreneur led by Canadian businessman Kelvin Eyre, issued a series of statements stating that the coin formed as a result of the August hard coin is the true bitcoin that reflects the legacy of Satoshi Nakamoto.

In November, the most important event for the crypto community was the cancellation of the controversial hardfoot SegWit2x, which, in particular, implied an increase in the block size to 2Mb.

November 24 in the network bitcoin occurred another hardfork. The resulting coin was named Bitcoin Diamond and was given a BCD ticker.

December was marked by new records of bitcoin and many other altcoyins. Within one week, the first crypto currency consistently took barriers in $ 16,000, $ 17,000, $ 18,000, $ 19,000 and finally $ 20,000. Market capitalization of bitcoin over the same time period rose from $ 258 billion on Monday to $ 336 billion at the peak moment that caused an unprecedented stir among the cryptus and beyond.

However, after a rapid growth, correction began. In just 24 hours, the weighted average bitcoin rate declined by 23.5% - at a certain point bitcoin sank to $ 11,833. All top-notch altcoyins also fell in price. The total market capitalization of the Crypto-currency market over these days has decreased by almost $ 150 billion.

when you buy bitcoin at 20k$ - let me just dye

Those who want to buy bitcoin considered the collapse of the course more positive, having called it "Christmas discounts".

The game application CryptoKitties broke all records of popularity. Because of him on December 4 in the blockbuster Ethereum, a record volume of transactions was observed - during the day users carried out 701 834 transactions.
where invest at 2017

On December 22, the President of Belarus, Alexander Lukashenko, signed the Revolutionary Decree on the Development of the Digital Economy, which established framework conditions for the use of crypto-currencies and tokens, and introduces tax incentives for crypto-currency transactions.

guys, are you sure that this bitcoin?

This is what we remember this year. Did not see in our selection of the top meme - share it in the comments. We hope that the coming year 2018 will please us only with positive news and ridiculous memes.

Source: forklog.com