To me, 2016-2017 is more a nightmare for a newbie like me. Everything moves too fast with little information, every new trader and investor are young and so greenhorn makes scamming become a normal thing. I like crypto market today more.
I like this, different opinions on this 2016/2017 come back issue since people had different experiences. To some people, they got burnt by scam ICOs and so-called lending coins then. To others, they invested in some coins and got 10 to 100x gains. 2017 especially was a blast for me, I made a lot of profit from NEO, ICX, NEBL, WABI just to mention a few. There is no point talking about a comeback/repetition of 2016/2017 since people had varying experiences, that's my point.
Burn tokens can in time have a very important influence, but when I get here I do not see the efficiency of burn tokens because there is no effect at all, the price of the tokens is still cheap and can not rise to be expensive, very lucky you can get a lot of results from altcoin.