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Author Topic: Can the price of Altcoin be good by the end of 2020?  (Read 786 times)
DarkDays
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January 24, 2020, 10:50:35 PM
 #21

Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?

Not sure how you consider most altcoins being 90%+ down from their all-time high "medium."

Cryptocurrencies are legal practically everywhere, regulatory issues aren't what is keeping altcoins prices down.

They're keeping their own prices down by having no utility, no development, no community and no users. Any instrument that is used purely for speculation will eventually crash to nothing. This is exactly what you are seeing with most cryptocurrencies now, since they were pumped to the high heavens from pure speculation in 2017, and now people are realizing they don't deliver.
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January 25, 2020, 01:57:25 AM
 #22

altcoin prices are good or not honestly no one knows because the market is very fluctuating, we just hope that with many important things happening this year can push up prices for the better.
don't drift easily and try to go against the flow to make a choice.
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January 25, 2020, 02:11:01 AM
 #23

If seen from history, the price of altcoin will improve if the price of bitcoin is good too. If viewed from the fundamentals, halving bitcoin will happen this year, which we can know that the supply for miners is reduced by half. This can increase the price of bitcoin itself. Well, if prices have gone up like this, altcoin price demand will also gradually improve. At least that's what I saw when from 2016-2018.



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January 25, 2020, 02:30:45 AM
 #24

Some maybe but not all. Dont expect new projects to have a good price especially the market experiencing a bad movement. If bitcoin will go down at the end of 2020, expect altcoin will be affected as well. Especially halving is coming. I'm just bullish if btc go down, some of the miners who will be deducted rewards, will transfer to altcoins such as eth, xrp, ltc and that will make a great scenario for altcoins but this is just only an assumption hopefully the vice versa happen since it both benefit altcoins.
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January 25, 2020, 02:53:35 AM
 #25

Most people waiting for the 2020 halving right now its hard to know what will happen in the next couple of months but the possibility to increase the price of altcoin are always high. If Bitcoin back to its all time high I'm sure most altcoin will follow its trend.
That is a definite assumption, but I often think that if bitcoin is pumped very high and then falls deeper below current prices, it is likely that altcoin will suffer a worse fate.

many users also want the adoption of altcoin technology with public companies as an alternative to price increases, but there has been no progress to date, their steps have not moved prices significantly.
It fits with the face if bitcoin has a very strong correlation with altcoin but there must be a few exceptions like this time when altcoin doesn't get a huge drop caused by bitcoin.
It looks like altcoin can be even stronger as the latest study about the market if ethereum is much more domination to affect the altcoin price.
There was no a huge movement in the altcoin price caused by the majority of product that created by altcoin platforms are not oriented with profitability.

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January 25, 2020, 03:19:21 AM
 #26

I think all that will happen at the end of this year, everyone is waiting for altcoin season and halving bitcoin. Maybe after that all cryptocurrency will experience price increases and can get a large profit.

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January 25, 2020, 03:30:28 AM
 #27

It is possible because all we know that when altcoin will become legal many users and investor will buy and invest altcoin thay may cause price increase because it is in demand. But honestly no one knows when it will happen maybe this year or to next following years. Bo one can say and no one can predict.
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January 25, 2020, 03:51:14 AM
 #28

Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?

Of course, if it is made legal, people all over the world will be given the chance to participate in crypto business. They could start using altcoins in their transactions. They could start using altcoins for sending money all over the world with a very cheap fee. They could also start investing in them. This will cause the price to rise. But then it all depends on the particular altcoins. It does not mean all altcoins. There are so many shitcoins.

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January 25, 2020, 03:56:47 AM
 #29

It is possible because all we know that when altcoin will become legal many users and investor will buy and invest altcoin thay may cause price increase because it is in demand. But honestly no one knows when it will happen maybe this year or to next following years. Bo one can say and no one can predict.
Indeed. There is no one who can predict what will be the fate of this entire market, everything will continue to depends from how investors and traders will push everything in order to find new people and establishments to adopt this new system if that happens this year then all those corresponding Alts will recieved good value together with Bitcoin.

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January 25, 2020, 04:05:10 AM
 #30

In this space, there's no perfect indication for a positive outcome in the future. At best, we only hope for the best in the future. The value of altcoin is basically dependent on the value of Bitcoin and the coin market cap. I believe that by the end of the year we should have a better value for Bitcoin and that should also affect the value of altcoin.
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January 25, 2020, 04:06:25 AM
 #31

Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?
Yes, but not all. Maybe that simple to answer. And our job is pick which one is potentially goes up and which one is bad and we avoid it. Altcoin sometime can give return more than bitcoin give but risk is also high that is why we must be careful when pick it as investment.

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January 25, 2020, 04:13:30 AM
 #32

In this space, there's no perfect indication for a positive outcome in the future. At best, we only hope for the best in the future. The value of altcoin is basically dependent on the value of Bitcoin and the coin market cap. I believe that by the end of the year we should have a better value for Bitcoin and that should also affect the value of altcoin.

these indications are always here because with the development that continues to increase then it is an indication for a better future, so hope will always be there over time. the value of bitcoin does indeed greatly affect market prices and it can't be avoided, so if halving later will help a big pump, then of course the crypto season will happen throughout this year

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January 25, 2020, 04:19:31 AM
 #33

Yes that would be ideal but not most of altcoins will increase in price. Only the altcoins that have usecase and good team. Investors and holders already learn, they will not buy useless token anymore. They already learn, those token who dont have usecase will turn worthless in the long run.
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January 25, 2020, 04:19:39 AM
 #34

Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?
Yes, but not all. Maybe that simple to answer. And our job is pick which one is potentially goes up and which one is bad and we avoid it. Altcoin sometime can give return more than bitcoin give but risk is also high that is why we must be careful when pick it as investment.
investment does have a lot of risk and you have to be able to fight the risk to get a profit but you also have to be able to control your patience because when you are affected and lost control it will make your investment collapse and loss, cryptocurrency is not safe you have to be able to have the courage to fight it.
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January 25, 2020, 04:41:24 AM
 #35

Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?

Some altcoins but not the majority of these altcoins, these altcoins are those who have proven themselves over the course of time, and it's likely that these coins are on the top 10 of the market, some coins will be adopted and some coins will just die, because the developers are leaving or the community stop supporting them.

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January 25, 2020, 05:06:39 AM
 #36

Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?

I would say yes, but we don't know when the altcoin prices can increase this year. We can wait for more, and if the time comes for the altcoin to grow, the price will start to break the higher price, and that means we will have time to make a big profit again. After the crypto market is down for a few years, it seems, this year and next year would be a good year for the altcoin to rise again. But we need to wait for bitcoin to break the high-level price so the altcoin will follow to increase.

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Twentyonepaylots
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January 25, 2020, 05:19:30 AM
 #37

Most people waiting for the 2020 halving right now its hard to know what will happen in the next couple of months but the possibility to increase the price of altcoin are always high. If Bitcoin back to its all time high I'm sure most altcoin will follow its trend.
That is a definite assumption, but I often think that if bitcoin is pumped very high and then falls deeper below current prices, it is likely that altcoin will suffer a worse fate.

many users also want the adoption of altcoin technology with public companies as an alternative to price increases, but there has been no progress to date, their steps have not moved prices significantly.
Most altcoin, especially those who heavily depend on bitcoin's technology follow bitcoin's price trend. That's why a lot of people are really looking forward not only for bitcoin's value to increase in the halving but also some of the most prominent coins in the market. And that being said I believe that if everything goes well this year's gonna be a good year for bitcoin and most altcoins in the market altogether.
gabbie2010
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January 25, 2020, 05:28:55 AM
 #38

Most people waiting for the 2020 halving right now its hard to know what will happen in the next couple of months but the possibility to increase the price of altcoin are always high. If Bitcoin back to its all time high I'm sure most altcoin will follow its trend.
Every crypto enthusiasts is looking forward to the increase in the price of bitcoin which invariably would pump the price of major altcoins this year probably in the aftermath of halving of bitcoin in May all hope is not lost for major altcoins hodlers having endured and patiently waited for long  l hope this year would be fruitful and massive profits would be taken.

BlackFor3st
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January 25, 2020, 05:33:00 AM
 #39

Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?
Of course it is true that altcoins price will goes up once the crypto currencies will be legal around the world. We are talking about a very huge number of audience and if they purchase even a small amount of altcoins the demand will surely goes up and the same with it's price.

But if we will be talking about the end of 2020, the percentage is like 60/40, 60% chance that the market will shift to bull and crypto prices will goes up and 40% chance that there will be a little movement of the market that we can't still call a bull run and the price of crypto currencies will remain in the middle.

ragavancoin
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January 25, 2020, 05:50:39 AM
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Altcoin by the end of the year 2020 it might be good actually its very difficult to predict as it's volatile. Now all the coins are increasing and the market is good at current situation. If bitcoin increase more in upcoming months all the coins will increase, will have to wait patiently

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