💩 We are now in the “shitcoin” season? 💩

[valuater]

I think it can be said to be sh*tcoin season, but there are some alts that I think are good for the future and because of that alt I still have a little faith about altseason maybe after fork there will be an altseason? I don't know, but I'm not too hopeful because altseason event at the end of 2017 can be ascertained is just a miracle and certainly miracle won't be repeated.

[biddicoin]

When expectations are not met people generally say's shitcoin season but my opinion is different. I would say it depends on what kind of coins you have in your portfolio because shitcoins will remain shitcoins. Obviously, we all are waiting for a bullish move. No doubt the bearish market depresses most of us but we all know this is a highly volatile market and we must ready for every challenge.

'season' leads to most of cryptocurrency condition. not individual coin like you said
so, that's why this is called shitcoin season, bcz most of cryptocoin is down so fucking hard

I agree with this shitcoin season. But i believe that season would change in the future. just take every season to get profit.

[red4slash]

I think it can be said to be sh*tcoin season, but there are some alts that I think are good for the future and because of that alt I still have a little faith about altseason maybe after fork there will be an altseason? I don't know, but I'm not too hopeful because altseason event at the end of 2017 can be ascertained is just a miracle and certainly miracle won't be repeated.

not only you who expect altseason but many people here also expect, but it's good we don't expect more for it. and for shitcoin there will always be until the Developer who builds a project has a certification that they are good developers, because most shitcoin because Developers are not able to develop their projects

[duuuuude]

How do you confidently talk about the events of 2023 but can you somehow argue this? With such fraud in this market, I would not even trust the charts and somehow predict the future of coins with their help.

[Bim abk]

Yes we are.
Difficult to see a good project now.
They had been creating shitty ICO or IEO and there is a lot of altcoins out there by now.
You cannot easily pick anymore and the money is being divided so there is just no sense to invest with them now.

Even those old altcoins are in bloodbath. Will there be any recovery someday? It is difficult to believe it anymore.

Even old altcoins are in the bear side of the market trend, there is no exit unless the recovery comes and take these altcoins. Everyone hopes for the halving which can increase the interest in the crypto investing but the predictions of illogical prices don't make sense for me. The altcoin investors are not going to wait for another year if the BTC halving doesn't bring the expected consequences.

maybe it could happen but back again to btc, if btc can go higher it might have a good effect on altcoin. btc movement that can give altcoin dominance, if the btc pump altcoin is immediately able to follow it. although some time ago altcoin was unable to keep up with the price of the pump btc

[target]

Yes we are.
Difficult to see a good project now.
They had been creating shitty ICO or IEO and there is a lot of altcoins out there by now.
You cannot easily pick anymore and the money is being divided so there is just no sense to invest with them now.

Even those old altcoins are in bloodbath. Will there be any recovery someday? It is difficult to believe it anymore.

Even old altcoins are in the bear side of the market trend, there is no exit unless the recovery comes and take these altcoins. Everyone hopes for the halving which can increase the interest in the crypto investing but the predictions of illogical prices don't make sense for me. The altcoin investors are not going to wait for another year if the BTC halving doesn't bring the expected consequences.

Unfortunately there is no recovery that will happen since the shitcoins are still coming into the market everyday which are taking BTCs from its investors in exchange of their shitcoins. We see lots of these coins in the Announcement section which users are shilling for the shitcoins, what is interesting is that these coins are sold on exchange like vindaz thru the IEO.

[mobilestrike]

When expectations are not met people generally say's shitcoin season but my opinion is different. I would say it depends on what kind of coins you have in your portfolio because shitcoins will remain shitcoins. Obviously, we all are waiting for a bullish move. No doubt the bearish market depresses most of us but we all know this is a highly volatile market and we must ready for every challenge.

But I think that he is saying shitcoin season because in the previous altcoin season almost all of the altcoins started to rise in value and even shitcoins got a good value and in that time none of the coin remained dead, the traders put their money in any coin they found getting some increase in value. In that season shitcoin do not remain shitcoin but it also becomes a trade-able coin.

[Duncan.Idaho]

Litecoin die?
https://beincrypto.com/litecoin-headed-to-zero-based-on-stock-to-flow-model-predicts-analyst/

Bitcoin die?
https://charts.woobull.com/bitcoin-hash-price/

[mdzahed134]

I still hold some altcoins that I got from the bounty campaign in 2017 and the project is still active today. For this reason i still hold and believe that someday the altcoin season will come soon, giving me a large profit when it reaches the new ATH

LOL! Since 2017 projects still alive it’s really difficult to believe that in this bearing market condition because most of the coins already dead. A few coins are still survive which launched in 2017 but these are almost going in the dead position. But i also hold one coin hold tightly though this one is very old coin namely PayPie (PPP) it’s still have good price but i'm worried for lower volume.      

[Ken_terrance]

It might actually be qualitycoin season in 2020 because investors know how to avoid useless coins and tokens now, they have learned their lessons, this year is over already and bitcoin is the only coin that proven its worth in 2019, i am hoping next year will be more better

[biddicoin]

Litecoin die?
https://beincrypto.com/litecoin-headed-to-zero-based-on-stock-to-flow-model-predicts-analyst/

Bitcoin die?
https://charts.woobull.com/bitcoin-hash-price/

I dont try to againts this, but you use old chart which was early this year
see the latest chart, the price is on downtrend now. idk it would repeat the history or not, but this chart you should know

[fullhdpixel]

We are now in the “ALTCOIN” season.

I wasn't really expecting the price of Bitcoin to go up or any other coin, if it does it would be like it is easy to predict. A lot of people were expecting the same thing that happened before to repeat itself, and now they are all disappointed that it didn't work out as they have predicted, but that shouldn't be the reason for them to give up yet, things will always happen when you least expected it to happen.

It might actually be qualitycoin season in 2020 because investors know how to avoid useless coins and tokens now, they have learned their lessons

I am also hoping that things get better in 2020. I wasn't expecting the bull run to be this year, according to the predictions I read back in 2018 they were mainly pointing at 2020 as the main year for the bull to start, but I think some people were confused by the short bull we saw in April.

[Kersh768]

We cannot barely state or declare whether you are wrong or correct because we all do have different claims and interpretations regarding this matter of the bearish or bullish time within the crypto community. Well, I do hereby have also been frustrated about the price movement of Bitcoin as well as the alternative coins in the market which is playing to go up and down in just a short span of time. But getting into decision because of emotions will not give you any solution since we are in a market of volatility wherein every moment of time, price changes in a movement we cannot precisely state when and how will it happen. The best thing that we can do is just to hold back and believe that something great is coming into our way whether it is for the part of Bitcoin or for the part of Altcoins because whatever it is, we will be all benefiting from it.

[letyouearn]

We are close to BTC rally I think. Then there will be some kind of altcoin season, after bitcoin growth slows down. This season definitely won't come until BTC volatility is high.

[SolarWindMiningCompany]

Yes we are.
Difficult to see a good project now.
They had been creating shitty ICO or IEO and there is a lot of altcoins out there by now.
You cannot easily pick anymore and the money is being divided so there is just no sense to invest with them now.

Even those old altcoins are in bloodbath. Will there be any recovery someday? It is difficult to believe it anymore.

Very difficult. The market has not expanded enough to accommodate these shit coins asn it has saturated the market. This started when creating a smart contract becsme so easy that with less than 200usd you can own one. With 1000usd you can have your whitepaper and website ready for launch. This ushered in a lot of bad players who took advantage of this situation to feed their greed while banking on decentralisation and non regulation to have a field day scamming in suspecting crypto users. I believe, things would change anytime soon until full regulation sway in

[gundala]

Overall I would say: yes. Since mid-2018 until now, so many projects have failed and scam. But that does not mean this is the end, in fact there are still many projects that achieve sales targets with glorious and provide great success for investors. Here is the proof.


So we still have to think positively that this is only temporary, the time will come again all cheerful. Don't give up and make this opportunity to collect more coins and potential tokens.

[huu78]

Obviously agree when this is not an altcoin season but rather a shitcoin season. Somehow since many ICO boom and many who use fake identities make many people increasingly excited to create shitcoins. They are pointless to celebrate only the nonsense that ends the project while in the market. And at the moment they die but it is unfortunate there is no way of preventing new projects now that investors abandoned. Good projects are also wasted if there are no investors and even the bad projects get a lot of supply of funds. Can not be denied this year is very bad at all.

[Duncan.Idaho]

Overall I would say: yes. Since mid-2018 until now, so many projects have failed and scam. But that does not mean this is the end, in fact there are still many projects that achieve sales targets with glorious and provide great success for investors. Here is the proof.


So we still have to think positively that this is only temporary, the time will come again all cheerful. Don't give up and make this opportunity to collect more coins and potential tokens.

indeed proof  

ICO is scam.  The mechanism for real DAOs is yet found.

Centralizing all the raised funds into the hands of the self selected "kings" is tarded.

The use of actual smart contracts could be deployed to lock funds and payout only when project targets are meet.


SO THE COMING FUTURE:

Is rediscovery of “shitcoin” that actually are better than BTC (technically: tps/adjustment/cost-per-block) and rebranding to quality and proven ALTcoins.

Also the implementation of real smart contracts into the DAO/ico/token that are legitimate.

Re: Are ICOs really DEAD or simply cleared a path for better projects?

Even after the onset of the bear market in January 2018, ICOs were still happening at a rate
of well over a hundred each month, but by 2019 the flow of projects had dwindled to almost nothing.



ICO PROCEEDS DROP TO $338M..

According to figures from cryptocurrency analytics firm LongHash and published on October 1,
ICOs are no longer profitable. They may even disappear completely in 2020, said researchers.
https://bitcoinist.com/icos-will-disappear-in-2020-as-data-shows-95-funding-decline/

But here on BitcoinTalk we see new [ANN] threads and [BOUNTIES]
Is this just smoke and mirrors or does this forum know something researchers do not?

Re: Bitcoin can't survive alone

Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.

Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins

Agreed, I believe that Bitcoin is the founding father coin. I think projects like Ethereum and consensus algorithms like Delegated Proof of Stake are whats needed, leading us into the right direction. To think we started with just Proof of Work. Many people don't have faith within the altcoin markets because a lot of the coins are alternative clones with little to no new innovation added. Many are indeed shitcoins, but there are some real sleeper projects out there that are game changing. It's the emergence of competition that drives innovation, every coin/token plays its role as a tiny cog apart of a larger mechanism.

sleeper projects?
https://bitcointalk.org/index.php?topic=2673075.20
Sleeper coins are little known and undervalued coins that are already listed and has the potential to go to the moon.
https://bitcointalk.org/index.php?topic=731471.0
Re: TOP 42 blockchains  https://bitcointalk.org/index.php?topic=1205172.20

Re: Is NOW the time to get into Ethereum ?

Yes, I know that there are many coins , and everyone has a favourite. But with the Ethereum 2.0 upgrade close, the move to Proof of Stake and the performance improvements promised , is now the time to get seriously into Ethereum ? I discuss this in the following video , as well as the opportunity it provides :

https://youtu.be/O8gTpGu9D_c

By the way , if you forward to 13:15 I also share my equation for getting Bitcoin at a lower price

Sure, Ethereum is always a good idea for ivestments and if you have some free money - ETH deserve to be in your portfolio.

ETH is "shitcoin" #1  

 

[stadus]

ICO is over, next year there will be no more sucessful ICO I guess,.. I like the graph that was posted above, it simplified everything and it clearly shows the status of ICO in the market. We are in the shitseason because we experience a hype season during the popularity of ICO, but it will be temporary, it might take longer before the altcoin season will arrive but this market will be better again, I am sure with that.

[Duncan.Idaho]

ivan on tech FOMO on "altseason"
https://www.youtube.com/watch?v=fA8mLfPHi8k

Pumpamentals starting to pump.