Bitcoin Forum

I don't know how to put this but we've seen other alts continue to rally up this 2020 but I think it's different from what we've seen in 2017 were there are massive gains from alts. Can we still expect something like that especially this year 2021 and what do you think is the altcoins/s that may trigger the alt season (redundancy at it's finest)?

Let's see what we need to have a big pump:
- coins listed on big exchanges: centralized coins and privacy coins are currently at a disadvantage because of SEC and stuff.
- good promotor (or community).

Since coins that have good promotion usually centralized, atm I don't think any of the top-50 altcoins is a good candidate. Maybe a new community coin the like of dogecoin but with a more serious tone will appear out of nowhere.

I don't think so, seeing this a couple of weeks now but whenever Bitcoin gets some corrections it really hurts to most altcoins. I don't know if the current drama along XRP makes it good for other altcoins but that one has big impact for other altcoins to decline.

My top selection will be Ethereum if that's the case (don't minding a new one), well, there some institutions stating that it really undervalued might be the huge candidate: https://mobile.twitter.com/ki_young_ju/status/1343838575360581632

We can still expect to see some massive gains from altcoins, but the gains will not be too big if the bitcoin price does not increase more than $30k. The altcoins themselves still search for the right moment to increase, and the altcoin trying to increase step by step. It will be different than what we saw in 2017, but the altcoin season will still coming in the future.

of course Ethereum, because if the price of altcoin increases very high (bull run) in 2021, then I believe Ethereum will definitely be the first for its price to increase very high and I also haven't seen that the price of Ethereum has reached its ATH. so there is still a chance for you to invest in Ethereum, because if the price of Ethereum has reached its ATH or even more, then of course you can get a big profit from investing in Ethereum.

If you are looking for early signs of alt season, look to the price action of Ethereum, I think Ethereum is the one of coin can to trigger to begins of the altcoin season.
you can also generally look for a divergence in the market cap of Bitcoin and alts, and you can also look at BTC market dominance trends.

Seriously I don't know if we can see anything like that of 2017 again or even if there be will something close to it, it will be limited to very few coins and it will be coins with good and attractive use cases. Also, if there are to be altcoin season then the first thing that would likely happen is the dominance of Bitcoin dropping meaning less attention/funds are now on it and channelled to altcoins, but the thing is, the dominance is pretty high and it's growth has been encouraging so far, therefore I wouldn't be to sure more attention will be moved to altcoins such that it would spike a massive altcoin season. Lastly, assuming all things works out, then altcoins that will trigger the altcoin season will be Ethereum, LTC, ADA and so on, I doubt the potentials of new altcoins nowadays.

The correct answer is when Bitcoin will trigger the altcoin season. Without bitcoin, there is no altcoin season but the altcoin space, Ethereum is a giant in this space with many pairs that has Ethereum as a standard.

Ethereum if successfully break out, will cause a massive pump of ERC20 tokens and many altcoins that don't use ERC20 chain will join the pump. It is the time for altcoin season. As I said, the prerequisite is bitcoin, not Ethereum.

Altcoins can pump when Bitcoin starts trading side ways. It can happen anytime this month. In my opinion there are a few altcoins that can pump, one of them is surely Ethereum, the next in my opinion would be DeFi based project like YFI. Exchange tokens like BNB have shown the could easily reach more than $40 as few days back BNB reached it ATH of $39.

It should be ethereum which will trigger the price of most altcoin but the sad thing is even ethereum is not rallying up when the bullish trend is on the go for a very long time. So only bitcoin can help to trigger the prices of altcoins but after every cycle the effect of rise gets due to lot of factors like scam projects, clone projects, regulations.

The altcoin rally in 2017 was incredible. I think it is very unlikely to experience the same again. Bitcoin is currently receiving very good investments. Altcoins can rise again when Bitcoin reaches the target price  :-\

i dont think bitcoin is an altcoin and back years , there are altcoins that reached ath with bitcoin staying still the same or dumping but there are times where alts wait for the go signal of btc before they start increasing but this time they acted so differently .

thats odd if a bad news like that brings good news to others . its like we need to sacrifice something to benefit the other but the sacrifice isnt that worthy enough so i think its fine just for the sake of seeing good altcoins rise . i cant think of any alt that can trigger a bull for alt except eth  or waves but nothing happens after eth pump .

I think ones the alts season begins it will come in a sudden and there won't be any particular alt that will initiate it, although I did not pay attention to 2017 bull run closely with regards to this but am pretty sure btc was always the initiator of the bull market but now things have changed.

Altcoins isn't going to trigger altcoin season sir, whatever altcoins are going to become in the coming weeks only bitcoin holds the key to that, Ethereum is the best altcoin and the second best on coinmarketcap, it's good to see eth taking the lead here but still there won't be any altcoin season if Bitcoin isn't done with bullrun yet

I think the altcoin session may come between January and February. The price of Bitcoin is increasing day by day but Bitcoin domain is less than that. Altcoin hasn't pumped that much yet. It may be a good time to enter for good coins. I bought some coins. Currently I am at a good profit.

Things will take an unexpected turn once dominance start decreasing, I'm expecting this to happen by February 2021, I don't believe that Bitcoin can hit 50,000$ this time around but fingers crossed for now, altcoin season will start looking interesting once bitcoin reach it's max and whales will start buying altcoins instead

I think if we see a massive correction on Bitcoin that may trigger other altcoins to surge but that's still a speculation but a possibility since some are eyeing on altcoins considering Bitcoin is in overbought state.  

$50k? Might be the other quarters of 2021 but I don't think it's a possibility even in the first quarter.

I'm going to get hate for this but XRP regularity clarity will launch altseason.

I've never heard of altcoin project triggering the whole altcoin season, that's way too much I believe, not even Ethereum is capable of that, the reason why bitcoin is the first is because of adoption and performance, that's 2 in 1 and bitcoin controls the whole crypto market because it has the highest liquidity and volume too, it's only bitcoin that can drive or trigger altcoin season

The altcoin season is unpredicted because bitcoin still not reaching the high price, although the $28k-$29k is a high price to us for now. Maybe the altcoin season needs to wait for more until bitcoin price can jump to $30k-$35k and then the altcoin season will start. But we will not know which altcoin that can start as the first altcoin that can increase. But I am sure that the altcoin season will come, and we need to wait for that. Maybe ethereum can be the first coin that can soar and reach the peak price or other coin.

As opposed to what though? Regulatory non-clarity? What the SEC has said to me seems pretty much very clear already, which is the main reason big exchanges are delisting XRP by now. I mean, sorry to say but I cannot see a way back for Ripple from this. Nail after nail in the coffin of centralized altcoins.

I think ethereum, because ethereum is the king of altcoins. if ethereum can break ATH, it will have an impact on other altcoins especially the coins that are on their network. just look at every time ethereum goes up it becomes a marker for another altcoin. what happens with ethereum it will have a sizeable impact on the altcoin market.

I am not sure there are altcoins that can trigger an alt season, usually alt season occurs because of the declining dominance of Bitcoin
in the market. If you look at the dominance of Bitcoin which is still increasing, even now it has reached 70%. Then the alt season won't
happen, but I believe the alt season will occur in 2021. Maybe around the middle of 2021 the domination of Bitcoin will decrease, and
gives altcoins the opportunity to pump.

American exchanges do not want to have problems with the SEC, so they suspend XRP trading. On a different path went the Kucoin exchange, which conducts the distribution of 100 thousand dollars for those who make a deposit on this exchange in XRP: https://www.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt Activity Period: From December 29, 2020 to January 4, 2021. So it's too early to bury XRP.

A massive correction from bitcoin can trigger a massive rally of altcoins as bitcoin has risen too much and has not yet stop after many weeks. Corrections happened but not much dip and bitcoin rallied, then rose more after each correction so far. Altcoins were restrained too much by bitcoin.

Another possibility is bitcoin won't be corrected too much but it sets a very stable price range and make a safe feeling for investors. They won't see any risks of massive dumps, massacres, they will buy altcoins. Altcoins will be bought up as they see more profits from altcoins when bitcoin is stagnant.

This season of the digital currency has taken growth only for Bitcoin and few more altcoins like; Chainlink, SNX, BNT, and some more. But, still, it is facing very sluggishness in the altcoin market and not repeating 2017 bull-like. In the year 2017, there was more gambling with speculation and less for investment purposes. But, now the trader and the investor become wise about the altcoins and investing wisely so the altcoins which are more speculative then now become useless with no trade. So, it will be a very wise decision to invest only in the top50 or top40 coins.

For me Ethereum is currently the king of altcoins, I think Ethereum will have a big impact on the altcoin season even though it's quite difficult. Altcoin season must also be affected by Bitcoin starting to stabilize.

Ethereum will be the starter of altcoin season. Many defis were built on it and if it starts to pump, it will bring out others. It doesn't seem that we're going to see the same pattern as what we've used to see before for altcoins.
There is a low chance that we won't see the altcoin season just like before. Each good altcoin good pump but it won't be a lot anymore, pumping one by one.

It is commonly happening like ETH always has a trigger on alts, whenever it makes a move the whole market suddenly starts to move. I would say bitcoin has made a lot of news this year but the fact that ETH made even more profit to people who bought at the start of the season should tell you something, if you had ETH instead of BTC you would have made a lot more money.

We still all remember when ethereum phase 0 news broke out and launchpad was opened so that people could invest their ETH for the eth 2.0, it was I think early November if I am not wrong, or maybe late October give or take those were the days and said 3rd December will be the end of it and they will need some ETH tied there. As soon as news broke out, the whole market suddenly started to go up like crazy, first it was ETH directly then Bitcoin as the biggest and after that all other altcoins became higher too.