|
conected
|
 |
March 23, 2020, 12:27:46 PM |
|
I don't think the altcoin season is coming right now. it might come after halving arrives, it's just that we don't know the right time, especially when there is still a virus outbreak spreading. however, current conditions are very difficult to predict. Well, it's hard to predict the altcoin season when bitcoin prices still go down like this.
- Indeed, the altcoin season is probably very far from us because in an environment where the economy is facing many difficulties, the capital poured into altcoin has become very low, expecting an atlcoin season is probably unrealistic compared to baseline conditions. And combined with the difficulty of the economy, Bitcoin seems to be starting a familiar scenario when good news like Halving comes out, instead of rampant growth, it will be a drastic price adjustment, haven't seen rays of hope to change this reality |
|
|
|
|
|
|
|
|
|
|
|
|
The trust scores you see are subjective; they will change depending on who you have in your trust list. |
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
kynaz
Sr. Member
 Offline
Activity: 1078
Merit: 250
http://unidapp.app
|
|
March 23, 2020, 12:39:11 PM |
|
I don't think the altcoin season is coming right now. it might come after halving arrives, it's just that we don't know the right time, especially when there is still a virus outbreak spreading. however, current conditions are very difficult to predict. Well, it's hard to predict the altcoin season when bitcoin prices still go down like this.
- Indeed, the altcoin season is probably very far from us because in an environment where the economy is facing many difficulties, the capital poured into altcoin has become very low, expecting an atlcoin season is probably unrealistic compared to baseline conditions. And combined with the difficulty of the economy, Bitcoin seems to be starting a familiar scenario when good news like Halving comes out, instead of rampant growth, it will be a drastic price adjustment, haven't seen rays of hope to change this reality This year is a desperate year to enter this market because most of the coins in the top 100 are falling very quickly and you will definitely risk investing in this period. Currently, I am sure that altcoin season will be very unlikely and the current market depends heavily on the price of Bitcoin so in the near future investors need to be more careful when choosing to invest in this market. |
|
|
|
|
royalfestus
|
|
March 23, 2020, 12:56:57 PM |
|
I don't think the altcoin season is coming right now. it might come after halving arrives, it's just that we don't know the right time, especially when there is still a virus outbreak spreading. however, current conditions are very difficult to predict. Well, it's hard to predict the altcoin season when bitcoin prices still go down like this.
- Indeed, the altcoin season is probably very far from us because in an environment where the economy is facing many difficulties, the capital poured into altcoin has become very low, expecting an atlcoin season is probably unrealistic compared to baseline conditions. And combined with the difficulty of the economy, Bitcoin seems to be starting a familiar scenario when good news like Halving comes out, instead of rampant growth, it will be a drastic price adjustment, haven't seen rays of hope to change this reality I will still blame the current fear to the pandemic. It was a good sign to see ethereum pump in bitcoin value which is expected to flow to other reliable coin in the coming month, maybe the second half of the year but it is more difficult to predict altcoin season now. ATM ethereum is gradually losing all the bitcoin value he gain in the beginning of the year and if it persist for no reliable reason it will flow in altcoins. Lots of speculation in the space and we can only follow the market cause we have this unprecedented factor in the market that makes market prediction more difficult. |
|
|
|
|
|
JCviggen
|
|
March 23, 2020, 06:02:13 PM |
|
altcoins have always depended and will depend in the coming years on bitcoin. they develop separately from Bitcoin, but price values cannot move independently. the problem is that people consider altcoins riskier than bitcoin and that's why when price start moving people sell the riskiest assets
|
Age Of Mars | GameFI Virtual colonization of Mars
|
|
|
|
Finestream
|
|
March 24, 2020, 06:33:24 AM |
|
altcoins have always depended and will depend in the coming years on bitcoin. they develop separately from Bitcoin, but price values cannot move independently. the problem is that people consider altcoins riskier than bitcoin and that's why when price start moving people sell the riskiest assets
Selling is normal when people sees a profit on their investment, but what we need here is the FOMO because this is easiest shortcut to a bullish altcoin season. Based on the last altcoin season, it was altcoin which are more profitable that Bitcoin, so hopefully we will see it again once the altcoin season will come. Everyone is definitely waiting for this as its over 2 years now, altcoins market is still not stable, majority of the coins has not recovered yet. |
|
|
|
|
Peterdav
|
|
March 24, 2020, 07:10:27 AM |
|
At the current situation altcoins price does not depend on Bitcoin price, now its depend on the roadmap and development of the altcoins project. The current situation is not like 2017 where the price of Bitcoin has an effect on the price of altcoins.
|
|
|
|
|
Shallow
Sr. Member
Offline
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
|
|
March 24, 2020, 08:15:47 AM |
|
In the past, altcoins have enjoyed immense gains during altseasons. Well this happens only if there is Bitcoin dominance... And I believe there are two types of principles to follow them
* Bitcoin dominance Increases when more and more people buy and simply hold BTC.
* Bitcoin dominance decreases when more and more people sell BTC.
So altcoins fate is purely depend on BTCs price reaction or altcoins are independent???guys please share your thoughts on this.
Taking to mind the current status of the world right now from financial sector to businesses and markets I can only say altcoin season might take a long time. From the look of things, people are going for more cash, as in fiat so as to meet up with various personal needs while a greater number is converting to coins which they believe in such as Bitcoin because it is the best and USDT because it is stable. Therefore, since people are buying Bitcoin it means there is less attention to altcoins which also means the fate of altcoins depends on Bitcoin dominance. |
|
|
|
Marckolind
Jr. Member
Offline
Activity: 352
Merit: 3
|
|
March 24, 2020, 04:48:37 PM |
|
It's probably sometime after the halving. Question is which altcoin that takes off the most.
I'm predicting DEX projects will be MASSIVE performers, just like Kucoin and COSS was it in 2017, only difference this time is decentralization versus centralized exchange platforms.
I'm buying Blocknet for this very reason, since I want to run a service node and get a passive income through their DEX fee's and XRouter/XBridge fees as well.
|
|
|
|
|
|
Slingshot
|
|
March 24, 2020, 08:39:02 PM |
|
I don't think as it is there would be a particular seasons for altcoins as everything has gone dip and once BTC starts coming up all altcoins would follow it but having a particular period or season for Altcoin with this total market knockdown I don't think such would be possible. Once bitcoin price starts coming up everything will follow it and pump. This is the general dip period for all coins.
|
|
|
|
|
crustycrab666
Full Member
Offline
Activity: 560
Merit: 104
terra-credit.com
|
|
March 24, 2020, 08:57:49 PM |
|
Articles from Binance research can be a good reference. Bitcoin dominance in the crypto market is very strong indeed. Had some changes occurred last month, observers saw an investor interest in altcoin that is getting bigger. This is indeed difficult to predict, but if the trend continues to develop, the altcoin season will certainly come. This is not easy because the market is saturated for quite a long time, so we must be patient and don't miss out on opportunities, wait and see. |
|
|
|
|
btcholder
|
|
March 24, 2020, 09:19:38 PM |
|
It's probably sometime after the halving. Question is which altcoin that takes off the most.
I don't thing so it's happen after halving or in this year. In my little experience i don't think it'll happen very soon. Couple of altcoin doing so great like ETH, BNB, LTC but BTC popularity far away form them. You can see every time when market was fall btc rise up slowly but altcoin don't. Why because altcoin too much depend on btc price. Alt never create their position like btc did. So pretty much expectation from alt is foolish. If somehow alt takes off in near future then my recommendation will be choose those coin which are much older in crypto market. |
|
|
|
Inosend
Copper Member
Jr. Member
Offline
Activity: 299
Merit: 1
|
|
March 24, 2020, 09:43:38 PM |
|
It was almost altscoin season until two weeks ago when everything turn black but I feel bull run is just around the corner considering the fact that bitcoin halving is just around the corner
|
|
|
|
|
Ashong Salonga
|
|
March 24, 2020, 10:26:24 PM |
|
No one knows when and how the Altcoin season will happen specially nowadays that we are experiencing a current downfall in the prices of cryptocurrencies which also includes the major crypto which is Bitcoin. Most Altcoins that can be found in the market mostly depends their prices on Bitcoin so when Bitcoin's price increase, so other Altcoins also experience the same thing. The only manner that some Altcoins can be independent in which their prices can turn into an increase even Bitcoin was in a dip in price is when such Altcoin do have its own improvement wherein people still do obtain demand on that certain Altcoin making a volume on demand which increases the price value of that Altcoin. But most of the time, Altcoins just rely on the price movement of Bitcoin because of its dominance in the entire cryptocurrency market. I think Altcoin season can still do happen but without assurance because people tend to buy more Bitcoin than Altcoins due to some related issues in the past which concerns some Altcoins that results why people trust Bitcoin than Altcoins.
|
|
|
|
iamaruf
Sr. Member
Offline
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
|
|
March 24, 2020, 10:45:18 PM |
|
I think altcoin season will be start in October (My thought).Because after halving the bitcoin people will look forward to the altcoins and that time price will be rise.but we can not say that will be bull run or something else. Maybe top rated altcoins can be rise but if you think that all altcoins will be moon like 2017 then you are wrong. But for well known altcoins it will happen.
|
|
|
|
|
pikkie
|
|
March 24, 2020, 11:16:07 PM |
|
I think altcoin season will be start in October (My thought).Because after halving the bitcoin people will look forward to the altcoins and that time price will be rise.but we can not say that will be bull run or something else. Maybe top rated altcoins can be rise but if you think that all altcoins will be moon like 2017 then you are wrong. But for well known altcoins it will happen.
well I really agree with you because some time ago when bitcoin experienced halving so many altcoin prices rose and from that experience I am very sure that altcoin will rise when bitcoin experiences a price increase during the halving process. |
|
|
|
|
Smitty Werben Man Jensen
Full Member
Offline
Activity: 1568
Merit: 100
COMBONetwork
|
|
March 24, 2020, 11:27:45 PM |
|
in my opinion altcoin season will come before the price of bitcoin goes back to bull run, maybe a few months and this year Altcoin can fly high, and altcoin season can happen. All this time people focus on bitcoin, seen by transactions to large number of bitcoin users seen on whalebotalert. the thing we can do is wait
|
|
|
|
Perfect35
Member
Offline
Activity: 854
Merit: 10
|
|
March 24, 2020, 11:28:44 PM |
|
Bitcoin has always been in dominance for a long time and I think that has been since altcoins started existing. However, not all altcoins are totally dependent on Bitcoin. This phenomenon fluctuates. Sometimes, you might see it's effect on them and at some other time, they just grow or dump independently.
Although, in general, altcoins are very much dependent on Bitcoin, which is highly significant, because the percentage dominance is much.
|
|
|
|
|
|
bittick
|
|
March 24, 2020, 11:51:45 PM |
|
Bitcoin has always been in dominance for a long time and I think that has been since altcoins started existing. However, not all altcoins are totally dependent on Bitcoin. This phenomenon fluctuates. Sometimes, you might see it's effect on them and at some other time, they just grow or dump independently.
Although, in general, altcoins are very much dependent on Bitcoin, which is highly significant, because the percentage dominance is much.
Bitcoin just like a mother for altcoin when altcoin will always follow the direction that will always be made by bitcoin. The altcoin season is much more depending on the regular update about the development progress. Altcoin season can be also created easily by those who are always to do pump and dump to the market. There were the short term and long term seasons for altcoin. |
|
|
|
|
flagpara
|
|
March 25, 2020, 12:54:13 AM |
|
In the past, altcoins have enjoyed immense gains during altseasons. Well this happens only if there is Bitcoin dominance... And I believe there are two types of principles to follow them
* Bitcoin dominance Increases when more and more people buy and simply hold BTC.
* Bitcoin dominance decreases when more and more people sell BTC.
So altcoins fate is purely depend on BTCs price reaction or altcoins are independent???guys please share your thoughts on this.
Bitcoin and altcoins aren't correlate each other. Last year Bitcoin surged to 13K, any altcoins or top coin couldn't do it. Altcoins aren't totally independent from Bitcoin. Highest investment come through in Bitcoin then total coinmarketcap value. Altcoins season will be later this year. |
|
|
|
|
cryptothreads
|
|
March 25, 2020, 02:14:46 AM |
|
in my opinion altcoin season will come before the price of bitcoin goes back to bull run, maybe a few months and this year Altcoin can fly high, and altcoin season can happen. All this time people focus on bitcoin, seen by transactions to large number of bitcoin users seen on whalebotalert. the thing we can do is wait
I also hope altcoin season can appear in the near future as most of the major coins have gone through a huge correction over the past few weeks. Currently, covid-19 is making things more and more unpredictable and you will certainly face other risks during this time. What you need to do now is to keep your property carefully and wait patiently to buy some cheap coins. |
|
|
|
|
|
