Alteseason will never happen?

[Herbert2020]

that is not dominance, bitcoin dominance has always been nearly 100% because nobody ever uses altcoins. that number shows the number of altcoins in circulation in comparison to number of bitcoin in circulation. these are totals multiplied by total prices versus bitcoin alone.

so whenever there is a ton of new altcoins being created, that number goes down. and when those coins die and disappear that number goes back up.

in a way it is showing the pump and dump cycle of the altcoin market. and it happens every 2 years approximately. and it will be repeated like it has repeated at least 3 times before. this is not the first time, it is only YOUR first time seeing it!

[inoes]

Since the beginning of 2016 Bitcoin has reached the highest market dominance with several virtual currencies falling in BTC. #coinmarketcap.
So I think at this time, it looks like the altcoin market will enter a key consolidation period that will end in a new season for altcoin on 2020. So there is still and surely hope for Altcoin

[cichaescut]

Altcoinseason is going to take place when BTC dominance will fall. Right now, there is no chances for altcoins to grow, because of this extremely high dominance. But it is only the matter of time until it drops.

[xenomorphe1]

It will come. Bitcoin dominance was at his maximum at 70 percent. It can't do a lot better. It was a pump of Bitcoin because of the fear of missing the pump of Bitcoin to 20000 USD. But that won't happen because the pump was made with the current altcoins mostly. If you look at his dominances, it was 35 percent in January. A fair dominance should be between 35 and 50 percents. Altcoins have the same are better functionality than Bitcoin, there is no reason that Bitcoin eat the whole market at that would mean that cryptocurrencies don't have any value, except for speculators. If you believe in the technology, it is the altcoins who is making more progress now. Bitcoin is the first generation, that's why altcoins won't die.
I would add: do you prefer buying MS-DOS or the actual Window 10? It is like this. Bitcoin vs a new altcoin. If it is not and everyone only invest in Bitcoin, it means the end of cryptocurrencies/blockchains as it means that no one is interested to develop it more.

[Onika84]

I believe that history will repeat itself, and altseason will come when bitcoin stabilizes and reach ATH. I disagree with the statement that altcoin will die, we know that crypto space is open to all possibilities and altcoin completes it.

[No Pain No blood]

I see the same situation as on Bitcoin, when Bitcoin cost 3000USD. People were afraid of the future, everyone is predicting 0 and what happened? Pump to 10K$  

but that doesn't apply to altcoin. don't equate altcoin shit with bitcoin which has a large community. that's why I'm sure altcoin will never be able to return to ATH like yesterday.

[aprilnot]

People are still waiting for the momentum from altcoin, if there will be a whale who pumped altcoin and that will never happen. The main problem altcoin is lack of demand and majority of whales have converted their altcoins to the bitcoin.
This is the real problem faced by altcoin.
The possibility for altcoin to get the bull trend when there will be FOMO.

but it seems difficult, and it takes a lot of money to be able to pump altcoin right now that's why I think whales has more to pump bitcoin.

[asajapheth]

The first lesson I learnt in crypto is that anything can happen. Just be prepared for what comes next and know when to act. BTC dominance is not the only factor that influences the price of the altcoins.

[target]

The first lesson I learnt in crypto is that anything can happen. Just be prepared for what comes next and know when to act. BTC dominance is not the only factor that influences the price of the altcoins.

Of course anything can happen. Like altseason may come probably by 2030. Possibilities are just that high when the governments are trying to stop developments like of the Libra. If they are up to kill every thing that will keep pace to the adoption, the longer it will take for an altcoin to seen with dominance of 1%

[Yamifoud]

If we couldn't see altcoins will pump, will it still have to hold our coins? It for sure many we're be losing it tight and let them go.

May altcoins never have it this year but the most important is potential altcoins could still stand from the struggles. We've never lost our hopes cause we trust this market since before.

[Nurma.A]

You are wrong. There's plenty of time. It doesn't matter if bitcoin dominance is still high. This is crypto. Prices can change in an instant. If dominant bitcoin is still high, why don't you buy bitcoin ?. That will make you profit.

[patz22]

You are wrong. There's plenty of time. It doesn't matter if bitcoin dominance is still high. This is crypto. Prices can change in an instant. If dominant bitcoin is still high, why don't you buy bitcoin ?. That will make you profit.

I would agree with your statement that price can change in an instant its either it will go up or down. BTC's dominance can be a good sign or not that actually depends on the situation especially you have to consider the trends of market and news so as a trader or long term holder you have to decide which altcoin will give you profit in the future. It is a matter of making a wise decision.

[jaocoincrypto18]

BTC dominance is going to break 70% point. Almost all alts (not from top 10) dead. We will never be reach via shitcoins?

Most likely as i believe that most of the Altcoin holders are moving to Bitcoin making most of the Altcoins to become  useless. Hopefully there will be a turning point in Altcoins market soon as i keep on holding my Altcoin assets.

[Ta.Form]

It might happen, but don't know when. Because at this time, almost all altcoin prices are down. And this is only 70% dominant in bitcoin. If it's more than this, the price of altcoin will certainly go down more than this. Switch all your altcoins to bitcoin. Forget altcoin for now. Because we will not benefit through altcoin.

[setialovers]

BTC dominance is going to break 70% point. Almost all alts (not from top 10) dead. We will never be reach via shitcoins?

Be patient. The dominance of bitcoin is strengthening now but I don't think altcoin with products will die. Maybe altseason is still long but with the current altcoin condition, it becomes an opportunity to buy altcoin at a cheap price

[Godstrength]

BTC dominance is going to break 70% point. Almost all alts (not from top 10) dead. We will never be reach via shitcoins?

Nothing is impossible with crypto. Once Bitcoin's price rises, we can see altcoins riding along the wave. Though there are milestones that projects achieve which helps them increase their value, altcoins that also makes strategic moves to acquire a huge user base which can boost the coin's value up can also be a thing. Crypto's volatility is what makes it exciting and scary at the same time.

[fzatni]

BTC dominance is going to break 70% point. Almost all alts (not from top 10) dead. We will never be reach via shitcoins?

BTC dominating does not mean that alt will die when the price of btc is too high and the dominance of btc will decrease. I think altcoin moment will happen again but not all altcoins, I have an investor opinion now that it is not as crazy as when btc prices touched the highest price.  they will definitely choose some alt if the price of bitcoin goes up again

[thiscomm]

indeed when BTC dominates it always has a bad effect on all altc. Btc will leave altc far below it, to be honest when it does occur altc under the top 10 will disappear and be oppressed by the price of BTC. but not all altc will be oppressed too, I'm sure only altc that is clear with a stable price is able to survive in conditions like now.

[Flash86]

Alt season will come for sure.
As long there ist a opportunity for the whales to make Money, they will use this chance.
The alt season will come, when most of the people capitulate.
I think that alts with a $ market are the first who will raise because the big players sell there bitcoins for fiat and then they need a $ market to buy altcoins.

[thesosorr]

BTC dominance is going to break 70% point. Almost all alts (not from top 10) dead. We will never be reach via shitcoins?

Altcoin which is not in the top 10, I don't say die...
However, I dare say that is not consistent. Bitcoin dominance always happens, not just now.