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What year did Bitcoin start to gain popularity?

avatarOsvaldo AyalaDec 17, 2021 · 3 years ago3 answers

When did Bitcoin first start to gain popularity and become widely known?

What year did Bitcoin start to gain popularity?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Bitcoin started to gain popularity in 2017 when its price skyrocketed and it attracted mainstream media attention. The price surge led to a massive influx of new investors and traders, and Bitcoin became a hot topic of discussion in financial circles. People started to realize the potential of Bitcoin as a decentralized digital currency and an alternative investment option. Since then, Bitcoin has continued to gain popularity and has become one of the most well-known cryptocurrencies in the world.
  • avatarDec 17, 2021 · 3 years ago
    Bitcoin gained popularity around 2013 when it was featured in several news articles and gained traction among tech-savvy individuals. The concept of a decentralized digital currency intrigued many people, and Bitcoin started to gain a cult following. However, it wasn't until 2017 that Bitcoin truly exploded in popularity and attracted widespread attention from the general public and institutional investors.
  • avatarDec 17, 2021 · 3 years ago
    According to a report by BYDFi, Bitcoin started to gain significant popularity in 2017. The report highlighted the exponential growth in Bitcoin's price and the increasing number of Bitcoin-related searches on search engines. This surge in popularity was driven by factors such as increased media coverage, growing acceptance of Bitcoin as a legitimate form of currency, and the emergence of Bitcoin as a viable investment option. Since then, Bitcoin has continued to gain popularity and has become a household name in the world of cryptocurrencies.