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Author Topic: Altcoin season is not here yet.  (Read 13677 times)
poornamelessme
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June 24, 2019, 05:11:50 AM
 #61

The altcoin season is gone without coming here  Grin

It's always winter in alts. Bitcoin is decreasing in a slow rate while alts are running down. Bitcoin is eating all the alts. Bitcoin dominance rising ever and nearing 60%.
Altcoin season didn't even started yet. If you remember correctly, it needs around 1-3 months later for altcoin to reached their ATH when bitcoin hit $20k in last of dec,17.

Yet alts increased or at least kept up with btc before it hit 20K. I recall several alts doing a nice run way before january.

If alt season arrives after btc hits its new peak, what will be looking at? At least mid 2020, more likely end of 2020? End of 2021? It won't happen before btc's halvening. If so, we'll be looking at an alt season that consists of  alts going from a couple of sats to like 20 sats ... they'll be so crushed by then that alt season won't matter.

And that may sound overly negative, but I'm saying I don't think a new alt season will take that long. Either it will arrive after btc stabilizes (10-15K?) for a couple of months... or it simply won't ever arrive at all.
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June 24, 2019, 05:14:47 AM
 #62

Well, yesterday was the pumping day of some of the altcoin, however, after bitcoin reach an ATH and being stable,
Bitcoin hasn't reach a new ATH yet, maybe a new high this year but not all time high as our ATH was around $20,000.

altcoin will also start to reach its ATH, that's how marlet behave.

I hope so but can't really tell when it will start, maybe this year is only destined for bitcoin to reach its ATH then altcoins will follow.

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June 24, 2019, 05:43:03 AM
 #63

let's just be patient and wait and I hope Once BTC will be stable Altcoin will be move up . This is just my opinion.

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June 24, 2019, 05:45:30 AM
 #64

yes there must be a time for bitcoin to rise in price again, because it is certain that if
BITCOIN rises in price the possibility of altcoin will rise in price, be patient.

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June 24, 2019, 06:29:08 AM
 #65

For altcoins to start surging in price bitcoin is always the one to take the lead first ,altcoin season is not here yet so let's stop complaining ,wait patiently for altcoin season to return if not then don't bother investing in altcoins and go for bitcoin full time

I agree that the altseason hasn't coming yet. Current market conditions can be seen if the altcoin price depressed against bitcoin but against US Dollar rises because it follows the rising price of bitcoin. I think when the price of bitcoin starts to persist then the altcoin price will rise against bitcoin
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June 24, 2019, 07:38:30 AM
 #66

At the end of 2017, there was about 20 days delay between Bitcoin topping out and the altcoins topping out. Generally, the altcoins seem to have their run a few days after Bitcoin.
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June 24, 2019, 07:56:25 AM
 #67

For altcoins to start surging in price bitcoin is always the one to take the lead first ,altcoin season is not here yet so let's stop complaining ,wait patiently for altcoin season to return if not then don't bother investing in altcoins and go for bitcoin full time

Bitcoin is already on its way to the top and continue to grow from time to time along with the altcoins also. Although altcoin holders are more quite now I guess alt season is also already began. This is because of Bitcoin's hype that makes all the investors eyes on it but alts is also taking its way up.

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June 24, 2019, 09:52:42 AM
 #68

Most likely this is the case, investors with big players do not want to pump altcoins strongly and decide to focus on one bitcoin, but that's okay, as soon as they will finish to pump bitcoin, they will immediately switch to altcoins.
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June 24, 2019, 09:58:38 AM
 #69

bitcoin dominance is very high at the moment but altcoin party will soon come and we’ll all earn some money, i have a lot of investments in altcoins and bounty tokens to be cashed out.

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June 24, 2019, 10:02:14 AM
 #70

For altcoins to start surging in price bitcoin is always the one to take the lead first ,altcoin season is not here yet so let's stop complaining ,wait patiently for altcoin season to return if not then don't bother investing in altcoins and go for bitcoin full time
you are absolutely right,  and according to my perspective,  the altcoins growth will be certainly slow for now and with pick up it's pace with time. I expect the bitcoin price to exceed 20,000 for this to happen

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June 24, 2019, 10:08:58 AM
 #71

For altcoins to start surging in price bitcoin is always the one to take the lead first ,altcoin season is not here yet so let's stop complaining ,wait patiently for altcoin season to return if not then don't bother investing in altcoins and go for bitcoin full time
If you wait foe the prices to increase than investing makes no sense.

For making profits you need to invest before the price increase,so you now think prices of altcoin will go up so invest on it.
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June 24, 2019, 10:10:05 AM
 #72

bitcoin dominance is very high at the moment but altcoin party will soon come and we’ll all earn some money, i have a lot of investments in altcoins and bounty tokens to be cashed out.

Poor me, I switched all my Bitcoins into BNB when price was $9400. I  anticipated sharp decline thereafter but looks like whales have some other plans. Rather then fall in value, there was an increase of 15-20% in BTC value in last 2 days. Now I am in loss of 8% on my total crypto holdings.
We have seen in past that altcoins start pumping once Bitcoin pump becomes stable. After a dormant last day, BTC once again started growing. If this rally crosses $12,000 then I expect further fall in the value of altcoins. However, if it won't cross $12K then whales may switch to alts and we can see them growing instead.
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June 24, 2019, 12:57:38 PM
 #73

Altcoin season should start when Bitcoin domination will be 10% less than now. Now there is still an opportunity to earn big money.
But if you want to accumulate cryptocurrency now, then I advise the project Cloud Token, more about this project https://bitcointalk.org/index.php?topic=5157220.0 , I advise you to sort out the topic, so as not to blame yourself for the lost opportunity! 💪
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June 24, 2019, 01:03:01 PM
 #74

Well, yesterday was the pumping day of some of the altcoin, however, after bitcoin reach an ATH and being stable, altcoin will also start to reach its ATH, that's how marlet behave.
I didn't see any big pump with altcoins so I guess its just like a small move following bitcoin trend but over all, altcoins are still down and they still suffering from a big dump. Altcoins should recover now, because bitcoin already stabilize, I hope they can make it right before the new pump of bitcoin, I hope to see my altcoins to go high as well.
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June 24, 2019, 01:10:42 PM
 #75

The altcoin season is gone without coming here  Grin

It's always winter in alts. Bitcoin is decreasing in a slow rate while alts are running down. Bitcoin is eating all the alts. Bitcoin dominance rising ever and nearing 60%.
Altcoin season didn't even started yet. If you remember correctly, it needs around 1-3 months later for altcoin to reached their ATH when bitcoin hit $20k in last of dec,17.

No, I found altcoin top increased to ATH level just a week after Bitcoin reached the highest price. Only other altcoin low cap is gradually increasing in the next 1 or 2 months
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June 24, 2019, 01:12:03 PM
 #76

I didn't see any big pump with altcoins so I guess its just like a small move following bitcoin trend but over all, altcoins are still down and they still suffering from a big dump. Altcoins should recover now, because bitcoin already stabilize, I hope they can make it right before the new pump of bitcoin, I hope to see my altcoins to go high as well.
big dump? what do you compare with? if you look at the beginning of this year or at the end of last year, altcoin has shown positive growth. look at ltc and many more altcoins you can see a tremendous increase in their trading engravings.




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June 24, 2019, 01:36:10 PM
 #77

I guess you haven't followed the progress of the altcoin right now as you were not able to see how they also increase their price as the price of the bitcoin continuous to grow.

Altcoins are not like btc but if you have followed them and monitor their price regularly then you can surely notice that their price are also multiplying. Like for example eth and other altcoins out there, you can look the previous price graph of their prices if you haven't notice their price increase.

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June 24, 2019, 01:40:54 PM
 #78

For altcoins to start surging in price bitcoin is always the one to take the lead first ,altcoin season is not here yet so let's stop complaining ,wait patiently for altcoin season to return if not then don't bother investing in altcoins and go for bitcoin full time

You say right. Investors are putting money into Bitcoin and sell their Altcoins to hold Bitcoin but whales don't think so. They will push Bitcoin's price as high as possible at this time and then, they sell all their Bitcoin and put all into Altcoins and the Altcoin's season will begin

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June 24, 2019, 01:47:58 PM
 #79

For altcoins to start surging in price bitcoin is always the one to take the lead first ,altcoin season is not here yet so let's stop complaining ,wait patiently for altcoin season to return if not then don't bother investing in altcoins and go for bitcoin full time

It is always the trend. Bitcoin always set the pace. Whether a bearish dip or a Bull run, Bitcoin always leads the market. Then follows the surge of others altcoins in the market. Like you, I am just patiently waiting for the right time for my altcoin to have good value.
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June 24, 2019, 07:44:07 PM
 #80

I guess you haven't followed the progress of the altcoin right now as you were not able to see how they also increase their price as the price of the bitcoin continuous to grow.

Altcoins are not like btc but if you have followed them and monitor their price regularly then you can surely notice that their price are also multiplying. Like for example eth and other altcoins out there, you can look the previous price graph of their prices if you haven't notice their price increase.

Depends entirely how you look at it. If you are basing it on fiat, then yeah, many alts have increased. But that's basically just btc doing the heavy lifting, raising all coins.

If against btc, then alts have gotten crushed (in general, of course there are exceptions). Which means an investor would have been much better off holding btc vs altcoins. When people say 'altcoin season', I don't really think they mean btc going crazy and alts increasing at a slower rate. They mean alts doing the multiple value thing, like btc has been ... and quite often outpacing btc from a percentage standpoint.
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