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Author Topic: Will There Really Be An Altcoin Season or Just a plot to Keep us in the Loop  (Read 1333 times)
ChrisPop
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October 04, 2019, 02:38:12 PM
 #81

In my opinion there is obviously a lot of upside potential for many project/cryptocurrencies that are actively being developed. Most of the altcoins in the market won't see the sun again I'll admit that. And they don't deserve to.. On the other side there are projects like Ethereum and Stratis(i mentioned them because I actually now that the development is going on) which if they keep up the work and expand their network they will rise together with Bitcoin. That is not guaranteed of course, but it is a high probability for that to happen from my perspective.
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November 18, 2019, 01:42:15 PM
 #82

It's difficult to know what any of this is really worth as actual current use-cases are thin on the ground. It's all expectation of future use, which is why the markets are so speculative. In the past I think alt booms have correlated with high market confidence... which is lacking at the moment. That being the case I would expect any new upwards movement to be led by BTC, thus increasing BTC dominance. Probably (possibly) an 'alt season' will then happen once prices are higher across the board.






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November 20, 2019, 01:53:02 PM
 #83

There are hundred and thousands of coins that fall under the umbrella of alt coins, but there are only few coins that should be considered alt coins like ethereum, monero, ripple etc remaining are just sh*t coins. BTC is competing againest these few solid alt coin, not every coin is market is worthy enough to be considered alt coin.

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November 20, 2019, 02:08:54 PM
 #84

There are hundred and thousands of coins that fall under the umbrella of alt coins, but there are only few coins that should be considered alt coins like ethereum, monero, ripple etc remaining are just sh*t coins. BTC is competing againest these few solid alt coin, not every coin is market is worthy enough to be considered alt coin.

First of all you shouldn't consider Ripple as altcoin Wink I understand that you used this example because it is listed on Coinmarketcap.  Wink Smiley
But I agree that most altcoins that have fallen almost to zero will never rise again. However, when the situation stabilizes, certainly many of those that have been "forgotten" such as Electroneum have a chance for huge increases.

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November 20, 2019, 03:16:13 PM
 #85

There could be but for sure, no one knows when will such thing happen in this industry wherein the market still, is struggling with the volatility of the prices of crypto. Recovery is still blurry so assuming for an Altcoin season would also seem to be untrue. Also if altcoin season stands for overtaking Bitcoin's place, it would seem to be absurd knowing how huge Bitcoin is to be taken down by alts.

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November 20, 2019, 04:14:13 PM
 #86

I do not think that we would see another altcoin season in the nearest future, because there are no announcements that would make it happen. BTC is the only coin that is doing business at the moment.
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November 21, 2019, 11:24:55 AM
 #87

Impossible to say. Everyone's waiting for the altseason but there's no guarantee if it will happen at all. My opinion: alts will rise after BTC bullrun and even then it's a big question how long.
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November 26, 2019, 02:12:30 AM
 #88

There are hundred and thousands of coins that fall under the umbrella of alt coins, but there are only few coins that should be considered alt coins like ethereum, monero, ripple etc remaining are just sh*t coins. BTC is competing againest these few solid alt coin, not every coin is market is worthy enough to be considered alt coin.
Personally I agree with this definition, there are very few alternative coins to bitcoin and you can easily see this is the case when you go to any website that accepts bitcoin and you will see that they do not really accept too many altcoins with a few exceptions like ethereum, litecoin, monero or dogecoin.

But the rest of the coins of the market of which we have thousands of them are not really known by anyone except their developers and those that used their money to invest in them.
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November 26, 2019, 01:06:16 PM
 #89

Alt season is sure to happen but no one knows when it's time.  like most people predict a BTC price of $ 50,000 but no one knows when that will happen. but my personal view of the Alt season will occur if the BTC is bullish and reaches a new ATH.  because I also looked at the 1 week timeframe for Alt that was already at the bottom and was just waiting for a big pump.
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November 27, 2019, 12:20:11 AM
 #90

Yes, once more money comes into the crypto market cap as a whole, the price of altcoins will go up as well. Or, as you like to refer to it "Altcoin season" will happen. It's just simple math. If there's more money in the market cap, there's more people investing. Therefore, the prices on everything will go up. You just have to wait for more money to come into the market. Keep an eye on the market cap as a whole to get an idea of what is going on.
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November 30, 2019, 02:45:25 AM
 #91

Alt season is sure to happen but no one knows when it's time.  like most people predict a BTC price of $ 50,000 but no one knows when that will happen. but my personal view of the Alt season will occur if the BTC is bullish and reaches a new ATH.  because I also looked at the 1 week timeframe for Alt that was already at the bottom and was just waiting for a big pump.
However it is also important to discern that even if we know the altcoin season will at some point happen in the future at the same time I think we are going to see a different kind of altcoin season.

In my opinion the next time this happens we are not going to see all the altcoin market going up, what we are going to see is that the growth will be concentrated in the top coins with a few promising altcoins gaining a huge value as well, but the rest of the altcoins will even lose value as the altcoin season gains strength.
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November 30, 2019, 02:49:34 AM
 #92

While our altcoins keep depreciating in value daily as we keep vigil for altseason, bitcoin dominance has crossed 70% and keeps growing in strength. Will there really be an altseason.

Kindly read -
https://medium.com/bull-bitcoin/alt-season-scamming-noobs-since-2013-71bd19410d98
first thing is who told you about Altcoin Season?when we all knew that before altcoin grows up its bitcoin must be the first/so if you wanna call a season it must be a Bullrun mate and that is what will happen.
about the time?nothing specific but if you are asking in general?yeah this will happen maybe soon or in near future.









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November 30, 2019, 04:00:09 PM
 #93

While our altcoins keep depreciating in value daily as we keep vigil for altseason, bitcoin dominance has crossed 70% and keeps growing in strength. Will there really be an altseason.

Kindly read -
https://medium.com/bull-bitcoin/alt-season-scamming-noobs-since-2013-71bd19410d98
first thing is who told you about Altcoin Season?when we all knew that before altcoin grows up its bitcoin must be the first/so if you wanna call a season it must be a Bullrun mate and that is what will happen.
about the time?nothing specific but if you are asking in general?yeah this will happen maybe soon or in near future.
The BTC  dominance is an important factor, without considering it calling the uptrend as an alt season is not correct. Dropping the BTC dominance rate will solve the correlation problem and the 30% correlation can change everything completely for both altcoin investors and projects. Regarding the timing of the market, all guesses by individual crypto traders are the speculation, nothing else.
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November 30, 2019, 04:10:05 PM
 #94

I am begining to think recently that the altcoins can be a manipulated market especially when the good projects prices are considered and not getting better. Not all the coins are scams and they have made more technology developments in recent months than some top coins in the market, that could bring in investors. The intentional dump in these projects price  could give concerns. Except for exchange altcoins that may not have this disadvantage, other coins are really struggling.

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November 30, 2019, 04:24:40 PM
 #95



When BTC rise up a bit, most of the altcoins also go up. Though the price in BTC doesn't really go up, its obvious that altcoins price go up because BTC price in USD go up. You may not see it as altcoin season but there are just coins that are being bought by traders as well maybe for its usecase like the BNB to which its price in BTC could go higher.

If we see BNB today is worth 0.002 BTC then we might be seeing the price of it soon 0.005BTC when bullrun comes while some other altcoins price stays the same like 0.000001BTC since last year but price in USD gradually go up still.

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November 30, 2019, 05:23:35 PM
 #96

I don't think that altcoin season will start until Bitcoin reaches new ATH, check out this article:

https://coincodex.com/article/5964/bloombergs-latest-report-says-altcoins-wont-see-the-sun-until-bitcoin-reaches-a-new-ath/

Probably true we have the evidence, no altcoins season while Bitcoin is till down, and lest we forget altcoins season happen when Bitcoin was at it's high, so it is backed by history, but we don't need to worry another Bitcoin high is looming and we should prepare by picking the best coin to invest, your choice now will have an impact tomorrow.
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November 30, 2019, 06:03:38 PM
 #97

we are not sure about this either. But alts season is coming and we need to wait a bit longer. because 2020 will certainly be the year of bitcoin when the halving event is getting more and more attention. Besides, now you can see Bitcoin's Dominance is over 65% and there are a lot of people holding bitcoin and waiting for it to grow. That shows that there are still people interested in bitcoin and they can sell alts to buy more bitcoins. so we need to be more patient and don't expect it to come too soon.

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November 30, 2019, 10:15:34 PM
 #98

we are not sure about this either. But alts season is coming and we need to wait a bit longer. because 2020 will certainly be the year of bitcoin when the halving event is getting more and more attention. Besides, now you can see Bitcoin's Dominance is over 65% and there are a lot of people holding bitcoin and waiting for it to grow. That shows that there are still people interested in bitcoin and they can sell alts to buy more bitcoins. so we need to be more patient and don't expect it to come too soon.
Even though the negative news about bitcoin appears, it does not shake people to hold their bitcoins,
and the impact is only on price manipulation, yes it is natural, because in 2020 there will be halving bitcoin, maybe this is the cause.

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November 30, 2019, 11:06:44 PM
 #99

While our altcoins keep depreciating in value daily as we keep vigil for altseason, bitcoin dominance has crossed 70% and keeps growing in strength. Will there really be an altseason.

Kindly read -
https://medium.com/bull-bitcoin/alt-season-scamming-noobs-since-2013-71bd19410d98

well as you can see bitcoin dominance always goes to 70-90% then back to 30%,
you just need patience to wait even 3-4 years instead of saying things like this
its FUD
bustedsynx
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December 01, 2019, 07:51:54 AM
 #100

In 2015, the crypto markets were so down that even die hard crypto fans and Bitcoin maximalists sold their coins at the very bottom when BTC went sub $200. It was really funny that these guys were so vehemently toxic in their crypto religiosity. Same thing is happening now but back then, the danger was it was all a fad. Now, you will be stupid to bet against innovation.


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