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Author Topic: Altcoin season question  (Read 1021 times)
r32godzilla
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May 04, 2020, 08:14:30 PM
 #161

You need to understand that investors need stable growth on Bitcoin, they need to see that there are no more doubts about the future of blockchain technology. After Bitcoin shows its strength then altcoins will follow the trend and on the end we will see hype aroud ICOs and IEOs again.  Wink

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May 05, 2020, 05:27:20 AM
 #162

You need to understand that investors need stable growth on Bitcoin, they need to see that there are no more doubts about the future of blockchain technology. After Bitcoin shows its strength then altcoins will follow the trend and on the end we will see hype aroud ICOs and IEOs again.  Wink

Stable growth seems not gonna happen anytime soon but bull run could happen, however, it will take a short period of time only and then bitcoin will start dumping again, that's because the market is not stable yet, no solid foundation that will hold on bitcoin to a higher price, the main reason it will pump is just due to some hype and some FOMO, I hope I'm wrong with my opinion as I've been dying to see some stability.

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May 05, 2020, 05:54:47 AM
 #163

You need to understand that investors need stable growth on Bitcoin, they need to see that there are no more doubts about the future of blockchain technology. After Bitcoin shows its strength then altcoins will follow the trend and on the end we will see hype aroud ICOs and IEOs again.  Wink
I tend to agree, but highly doubt there will be another ICO/IEO hype ever again.
It seems for me that when new crypto "bloom" will happen - investors will choose between relatively developed projects which were proven by time at the moment

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May 05, 2020, 07:29:19 AM
 #164

You need to understand that investors need stable growth on Bitcoin, they need to see that there are no more doubts about the future of blockchain technology. After Bitcoin shows its strength then altcoins will follow the trend and on the end we will see hype aroud ICOs and IEOs again.  Wink
I tend to agree, but highly doubt there will be another ICO/IEO hype ever again.
It seems for me that when new crypto "bloom" will happen - investors will choose between relatively developed projects which were proven by time at the moment
I still believe that a new project will boom, and it's coming mostly from IEO, not ICO.
When the market will be bullish again, that is the time we can expect new or start up project will gain success, but for now, we can't expect a good success rate.

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May 05, 2020, 07:58:08 AM
 #165

Take a look at Ludena Protocol. Basically a app where you play mobile games and get rewarded.

Already has over 3 million users

Projects with a REAL working live platform will lead the altcoin season
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May 05, 2020, 07:58:34 AM
 #166

For the current market situation  investors only support bitcoin. All prices are now moving to bitcoin, so when bitcoin price increased as well as altcoin price increse. At this moment  investors only support those altcoin whose  really have positive impacts like bitcoin and other top 10 altcoins except below that, investors big maybe won't glance at it.
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May 13, 2020, 05:27:38 PM
 #167

After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
 Share your thoughts, I would love to hear you out

I think this is possible, but the coin developer must find as many investors as possible. Because with so many investors who are ready to support the project, the value of selling coins or tokens will increase. In addition, the project must have a real product that can be exchanged for coins. Every successful project doesn't just sell ideas on social media. But they also sell products.
After such a fall in stock markets and the collapse of the global economy. I am sure that this is the end of many cryptocurrency projects. I think that many Altcoin from the Top 100 will lose another 50% of their capitalization.

Yes, for Altcoin at this time it is very difficult to increase prices. Although Bitcoin and several other top coins have increased. I see altcoin is currently very dependent on the price of Bitcoin. If we examine in more detail, there is almost no increase in prices on altcoin. It's just that the chart changes to green due to the Bitcoin chart and some of the top altcoins are increasing.
indeed for now the price of altcoin depends on Bitcoin, because all holders focus on bitcoin, see the dominance of Bitcoin increases, there will be a time when dominance will go down and altcoin can go up without Bitcoin

Bitcoin dominance could be fluctuating, but despite that, most altcoins no matter how low dominance is, which for some time now has not gone below 50%, will still depend on bitcoin.
It has been long altcoins grew independent of Bitcoin and that was in 2017 and perhaps early 20818 and it is hard for such to happen now.
The only factor that could result into that is if bull run is truly approaching, then we might see history repeating itself again.
Is there an altcoin that grows independently? I have never seen altcoin in the opposite direction from Bitcoin. This goes parallel. I think there is a lot of difference between crypto 2017 with 2020. In 2017 new crypto is pupular with a record high price printed by Bitcoin. 2020 despite the high price of Bitcoin, then this is not part of popularity. People have learned a lot about crypto, so the bull run is far from expectations.
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May 13, 2020, 05:52:10 PM
 #168

For the current market situation  investors only support bitcoin. All prices are now moving to bitcoin, so when bitcoin price increased as well as altcoin price increse. At this moment  investors only support those altcoin whose  really have positive impacts like bitcoin and other top 10 altcoins except below that, investors big maybe won't glance at it.
I don't really think this is true generally, in as much as I'm not against your opinion. Some altcoins just spike with a very cool FA, for instance lately ESH (SWITCH) did over 2000% due to upcoming GHOST airdrop. You can confirm from Coinmarketcap. Sometimes when BTC moves up with great force, altcoins begin to drop in sats significantly even though a few altcoins follow BTC in the uptrend. Best time for altcoins to move is when BTC moves sideways.

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May 14, 2020, 06:23:23 PM
 #169

For the current market situation  investors only support bitcoin. All prices are now moving to bitcoin, so when bitcoin price increased as well as altcoin price increse. At this moment  investors only support those altcoin whose  really have positive impacts like bitcoin and other top 10 altcoins except below that, investors big maybe won't glance at it.
I don't really think this is true generally, in as much as I'm not against your opinion. Some altcoins just spike with a very cool FA, for instance lately ESH (SWITCH) did over 2000% due to upcoming GHOST airdrop. You can confirm from Coinmarketcap. Sometimes when BTC moves up with great force, altcoins begin to drop in sats significantly even though a few altcoins follow BTC in the uptrend. Best time for altcoins to move is when BTC moves sideways.

It's not hard to see that some altcoins are bought by the investors gradually.  I take it that its what is happening if the total cap of cryptocurrency stays the same as 260B. If it stays as $260B after another hour while the price of BTC dips, then I guess the altcoins are bought with BTC.

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May 14, 2020, 08:26:23 PM
 #170

For the current market situation  investors only support bitcoin. All prices are now moving to bitcoin, so when bitcoin price increased as well as altcoin price increse. At this moment  investors only support those altcoin whose  really have positive impacts like bitcoin and other top 10 altcoins except below that, investors big maybe won't glance at it.
I don't really think this is true generally, in as much as I'm not against your opinion. Some altcoins just spike with a very cool FA, for instance lately ESH (SWITCH) did over 2000% due to upcoming GHOST airdrop. You can confirm from Coinmarketcap. Sometimes when BTC moves up with great force, altcoins begin to drop in sats significantly even though a few altcoins follow BTC in the uptrend. Best time for altcoins to move is when BTC moves sideways.

It's not hard to see that some altcoins are bought by the investors gradually.  I take it that its what is happening if the total cap of cryptocurrency stays the same as 260B. If it stays as $260B after another hour while the price of BTC dips, then I guess the altcoins are bought with BTC.
soon the altcoin season is certain to come !, all we have to do is accumulate,
the altcoin market is recovering, the possibility of a decline that occurred last week was the last drop

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May 16, 2020, 04:35:25 AM
 #171

Coins like Ludena Protocol will lead the next alt season imo

it has solid fundamentals, 3 million active users, and partnerships with major gaming copanies

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May 16, 2020, 05:01:34 AM
 #172

After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
 Share your thoughts, I would love to hear you out
It is not possible for altcoin to grow without bitcoin if there is a greater demand in the market. Demand is the significant ingredients for every project.So,it means that the project has a good fundamental and with market feasibility so that it will attract more investors and bring greater demand to make it valuable.

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May 16, 2020, 05:37:42 AM
 #173

It can happen without haste but you have to remember everything is based on BTC, if BTC shows a change to a better price it is possible that other alt coins / tokens will also follow it.

Yes. all can not be separated from the influence of reporting, market conditions and other hot issues especially about the news about finance is more or less influential.

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May 16, 2020, 07:11:33 AM
 #174

It can happen without haste but you have to remember everything is based on BTC, if BTC shows a change to a better price it is possible that other alt coins / tokens will also follow it.

Yes. all can not be separated from the influence of reporting, market conditions and other hot issues especially about the news about finance is more or less influential.
coins like Ludena Protocol though are independent of bitcoin because they have their own built-in economy and 3 million users that are using their tokens regardless of bitcoins price
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May 16, 2020, 07:20:53 AM
 #175

No Bitcoin bullrun no altcoin season, Bitcoin have been bullish and recover since a bit since 2018 but not to it's All Time High yet so don not expect anything new from altcoins until Bitcoin is able to reach it's ATH again

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May 16, 2020, 07:37:57 AM
 #176

No Bitcoin bullrun no altcoin season, Bitcoin have been bullish and recover since a bit since 2018 but not to it's All Time High yet so don not expect anything new from altcoins until Bitcoin is able to reach it's ATH again

That's true, there will be no alt season without bitcoin bull run first. And we will not see a bitcoin bull run for another year or more! People should be prepared to waiting, a long waiting!
And I will repeat what many people said already, don't think that every alt will rise, don't invest blindly in the first alt you run into. Some alts will rise, while some alts will disappear from crypto space, it happens every time! So choose your alts wisely and hope for the best!

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May 16, 2020, 07:46:05 AM
 #177

No Bitcoin bullrun no altcoin season, Bitcoin have been bullish and recover since a bit since 2018 but not to it's All Time High yet so don not expect anything new from altcoins until Bitcoin is able to reach it's ATH again

That's true, there will be no alt season without bitcoin bull run first. And we will not see a bitcoin bull run for another year or more! People should be prepared to waiting, a long waiting!
And I will repeat what many people said already, don't think that every alt will rise, don't invest blindly in the first alt you run into. Some alts will rise, while some alts will disappear from crypto space, it happens every time! So choose your alts wisely and hope for the best!

Many people think about having an alt season this days since halving already happened but those things are questionable since we have crisis happening, The bitcoin itself didn't rise up after this events happen so for sure we will wait to long on this since we don't know on when this crisis ends up. And I suggest for now to not listen to anything creating hypes for certain coins/tokens since for now all  things will matter with bitcoins first so best for us to go with top alts or else will be sorry if we bought and bag hold those shit coins.

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Midy
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May 16, 2020, 08:14:05 AM
 #178

altcoin price movements are not 100% influenced by Bitcoin price movements guys.
because the crypto market depends on buying and selling investors, when they prefer to invest in altcoin, so the price movement will continue to rise even though the price of bitcoin is still stable.

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May 16, 2020, 08:23:47 AM
 #179

in reality it is very difficult the whole altcoin market is often connected to the value of bitcoin, but I hope that sooner or later it will come to an independent market disconnected forever from bitcoin
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May 16, 2020, 08:38:56 AM
 #180

There is no doubt that bitcoin can influence the growth of altcoins but that is not to say that altoims cannot grow without bitcoin. It depend on the use case of the altcoin in question. We have seen coin grow without the influence of bitcoin.

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