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Author Topic: Has alt season started?  (Read 1226 times)
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October 25, 2019, 11:05:56 PM
 #21

Not quite yet imho, but i feel it's near. When projects start to rise against btc rather then usd for days, then i know it has started. But i want to be prepared and don't want to fomo into that when ever it happens. Neither am i trying to catch the bottom so i am just buying little by little them right now. Just to be sure i am somewhat in when it happens.

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October 25, 2019, 11:06:05 PM
 #22

Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
No, I dont think so unless we have a good news that China and India has opened its door to cryptocurrency but i think it still need more time.
People are still focused on Bitcoin for now, The crypto leader needs to pave a way first in order for these altcoins to flourish.
China has already shut down their country to cryptocurrency so there is no way they will be going back again. The problem here is that most countries are open in cryptocurrency adaptation but at the same time they will have to face the scammers that is taking some advantage to the people who doesn't have any idea of cryptocurrency.

Alt season is far from the reality yet, we will have to wait for the new ATH of Bitcoin in order to see it.

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October 25, 2019, 11:33:15 PM
 #23

Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
No, I dont think so unless we have a good news that China and India has opened its door to cryptocurrency but i think it still need more time.
People are still focused on Bitcoin for now, The crypto leader needs to pave a way first in order for these altcoins to flourish.
China has already shut down their country to cryptocurrency so there is no way they will be going back again. The problem here is that most countries are open in cryptocurrency adaptation but at the same time they will have to face the scammers that is taking some advantage to the people who doesn't have any idea of cryptocurrency.

Alt season is far from the reality yet, we will have to wait for the new ATH of Bitcoin in order to see it.
Arent you aware on the current news as of today? If not then you should read this up https://www.coindesk.com/bitcoin-jumps-12-as-chinas-xi-embraces-blockchain-boosting-crypto-sentiment

They are now having some positive sentiments on blockchain tech as a whole which means they can possibly revert it back.

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October 25, 2019, 11:35:09 PM
 #24

I think the altcoin season can begin and I see the current market conditions, there are already many altcoins experiencing price increases and this may be the beginning of the start of the altcoin season, hopefully there can always be price increases until the end of this year and can make many traders happy again.

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October 25, 2019, 11:43:39 PM
 #25

I think the altcoin season can begin and I see the current market conditions, there are already many altcoins experiencing price increases and this may be the beginning of the start of the altcoin season, hopefully there can always be price increases until the end of this year and can make many traders happy again.

Some altcoins has a bull run but some are going down.
I think alt season is really seldom to happened because there are too many alts out there so it depends to us of choosing what altcoin will be up.
Maybe the altcoins season only come when bitcoin experience a bull run then become stable, after that alt season might happen
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October 25, 2019, 11:55:06 PM
 #26

I think the altcoin season can begin and I see the current market conditions, there are already many altcoins experiencing price increases and this may be the beginning of the start of the altcoin season, hopefully there can always be price increases until the end of this year and can make many traders happy again.

Some altcoins has a bull run but some are going down.
I think alt season is really seldom to happened because there are too many alts out there so it depends to us of choosing what altcoin will be up.
Maybe the altcoins season only come when bitcoin experience a bull run then become stable, after that alt season might happen
Almost all top 20 alts now are following BTC increase. This might be the start of bullish trend we'd been waiting for BTC and to other alts. At this time we can count in our hands those alt that are not participating in this trend being red since almost all top 100 are recovering now, let's see today tomorrow how people react in instant pump of BTC and ETH happening now.

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October 26, 2019, 01:07:24 AM
 #27

Arent you aware on the current news as of today? If not then you should read this up https://www.coindesk.com/bitcoin-jumps-12-as-chinas-xi-embraces-blockchain-boosting-crypto-sentiment

And as a result Bitcoin is going up and alts are going down relative to Bitcoin, opposite of alt season. I think this is pretty much how it's going to be for the foreseable future. There is not so much money to go around as it was at the end of 2017 and investors are smarter after being burned. Only the major coins are going to see gains, Bitcoin getting 80%+ of the capital and the rest fight for leftovers.
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October 26, 2019, 01:33:43 AM
 #28

In my opinion the alt season has already begun, it can be seen that most of the altcoins are experiencing an upward movement.
Now waiting for the bitcoin side away first, because the market is still dominant bitcoin that just raged to the price of $ 9300.
Later, after Bitcoin is stable, it can change altcoins to follow up too. So please invest in altcoins each of your mainstay from now on,
I recommend altcoins that are popular if you want to invest.

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October 26, 2019, 02:25:52 AM
 #29

Today's increase in BTC is enough to make many people surprised, because the increase is quite high,
but today's BTC rise is not a sign that the altcoin season has begun, in my opinion it's still too early to draw conclusions,
wait for BTC to sideway, and we see if altcoin will go up when BTC is sideway,
and if you want to buy altcoin, I think now is the right time so that you are not late buying altcoin when the bullish altcoin season has started.

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October 26, 2019, 02:27:16 AM
 #30

Nope.  Alts still stagnant mate and those pumps that we saw and experienced in some alternative coins  is just a small pumps wherein a normal scenario that always happened in the market because of the volatility . So its not a season for alts.  Unless if its show a high jump what I mean even 20%.  
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October 26, 2019, 02:35:03 AM
 #31

Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
No, I dont think so unless we have a good news that China and India has opened its door to cryptocurrency but i think it still need more time.
People are still focused on Bitcoin for now, The crypto leader needs to pave a way first in order for these altcoins to flourish.
Do you think both of countries will accept crypto easily? india and china have already stated if these countries are considering to put blockchain as its main core system and used it to operate the various things in the future. But it looks like china has a mode chance to accept bitcoin and recently bitcoin surge more than 30%.

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October 26, 2019, 05:55:03 AM
 #32

Do you think both of countries will accept crypto easily? india and china have already stated if these countries are considering to put blockchain as its main core system and used it to operate the various things in the future. But it looks like china has a mode chance to accept bitcoin and recently bitcoin surge more than 30%.
I don't really know the development of crypto in India, but I think China can indeed accept bitcoin. I heard that China will make their own cryptocurrency, and because of this, I think China can again accept bitcoin as an investment tool, or something like that. I just hope that other countries also support it.

for now the price of cryptocurrency is back up, and bitcoin has a pretty high increase. although there is an increase in the price of altcoin can also be confirmed but I think the price of altcoin is rising due to the rising price of bitcoin.

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magneto
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October 26, 2019, 05:59:00 AM
 #33

No way.

There is simply no FOMO going on with the alt market anymore.

And look at the bitcoin dominance index, it's continuing to go up. Right now the climb in alt prices is purely due to the fact that bitcoin had a crazy run up to $10k from the $7.5k low within one day, not because of anything other than that.

And with the way institutional investors are looking, it's apparent that it's going to stay that way for a long while.
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October 26, 2019, 06:33:46 AM
 #34

No way.

There is simply no FOMO going on with the alt market anymore.

And look at the bitcoin dominance index, it's continuing to go up. Right now the climb in alt prices is purely due to the fact that bitcoin had a crazy run up to $10k from the $7.5k low within one day, not because of anything other than that.

And with the way institutional investors are looking, it's apparent that it's going to stay that way for a long while.

I think we should wait more because the current market is having a lot of surprises happening. In my opinion, only the top altcoins can increase in this period because the current demand for buying only focuses on good coins and there is not much chance of raising prices for other altcoins. I'm not sure what the market will be like next time but hopefully everyone will feel better and avoid panic sell.






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October 26, 2019, 07:18:10 AM
 #35

Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.

You can't really say I have a feeling that something will happen, prove me wrong. The onus is on you to offer some proof or at least compelling evidence that you may be right. I think it is preferable to base buy and sell decisions on reasoning.

The alt market has been recovering over the last day, but this is being led by a BTC recovery. Alts aren't increeasing relative to BTC at all at the moment. I do think there will be an alt season at some point, but it might require further price rises across the whole market before there is sufficient confidence for people to sell BTC for alts. I think it's premature to say this is alt season, just because alts have recored a few dollars but remain static against BTC.
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October 26, 2019, 07:58:38 AM
 #36

Of course, no one will prove to you if you want to believe it. You can see how cool someone is playing with the price of Bitcoin: a month ago it fell, today it has risen to the same level. Altcoins reacted with optimism. And many people want to believe in the best.
At the same time, many altcoins are still in a downtrend. Today's positivism may just be a correction of the red trend. If you are not a supporter of the buy just because price has fallen, then it is better to wait for more reliable signs of growth.

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October 26, 2019, 08:22:16 AM
 #37

Not yet I think, just take an example of Ethereum today. Yesterday I checked, it was at $160 range but today it's $180/ETH which is really crazy despite of the bear market trend at the end of the year. We still don't know if it will continue or it's just a short bubble.

And with the way institutional investors are looking, it's apparent that it's going to stay that way for a long while.
I would say that it's just a mindset of people that every year especially in Q4, there is a possibility that the price is increasing.

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October 26, 2019, 09:39:56 AM
 #38

Not yet. It's a possible bull trap that we've seen but still a good motion and recovery for the market because we've been so drought for the past week.
I wouldn't wait for the altcoin season and won't monitor it as well. Let it come on surprise so that it's the best feeling that we will ever had without any expectation but soon it will come.

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October 26, 2019, 09:44:30 AM
 #39

why did you say altseason when many altcoins are falling? of course this is not altseason, this is btc season
btc is rising more than 20% in a day, it touch highest at 10,000+ $
i'm sure it would be continous pumping and reach new ATH in this year (ATH 13000$)

 
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October 26, 2019, 09:49:03 AM
 #40

Not yet. It's a possible bull trap that we've seen but still a good motion and recovery for the market because we've been so drought for the past week.
I wouldn't wait for the altcoin season and won't monitor it as well. Let it come on surprise so that it's the best feeling that we will ever had without any expectation but soon it will come.
The sudden recovery was unexpected but the major recovery happened in bitcoin and its fork coins, the rest of the altcoin market recovered but the biggest winners are the main market players and even if there is an altcoin season it will take a really long time to happen, i am not expecting one either but if it happen i am glad so that i will book my profits after a long time.
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