CHENIEN
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March 25, 2020, 02:43:43 AM |
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Bitcoin dominance Increases when more and more people buy and simply hold BTC. Bitcoin dominance is the percentage of bitcoin to altcoins in a market based on market capitalization. If you are talking in terms on a no-fiat usage then the statement is correct. But if there is fiat involved then the money increasing the portion of bitcoin is not coming from altcoins but total market cap will increase. Bitcoin dominance decreases when more and more people sell BTC. For altcoin precisely and not fiat. So altcoins fate is purely depend on BTCs price reaction or altcoins are independent??? Altcoins could be independent if they are actually having something to develop and something has a market of its own to generate a demand/supply crisis so as to raise the price of that coin. This is generally not seen with all of the altcoin launched till date so the end result is that thy piggyback on the price of bitcoin. In my opinion, it has never happened that there has been an altcoin season because it has always adapted to the good or bad times and agreed to any flow of cryptocurrency exchanges.
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cahbagus555
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March 25, 2020, 04:13:20 AM |
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It's hard to predict when altcoin starts because the crypto market is experiencing turmoil. Maybe some coins have experienced price increases but are still being held back by falling Bitcoin prices.
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rodskee
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March 25, 2020, 04:41:47 AM |
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There is no need to share thoughts because you have already mentioned everything about the possibilities of having a Altcoin Season. This will never come until Bitcoin Bear happens and sure altcoin will follow. this is the same scenario over and over and nothing really change until this moment. so if you want this to happen?then follow your number one idea. Buy Bitcoin now and also your prospective altcoin then Hold ,if all of us do same?then Season of both alt and BTC will come faster.
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neokripto
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March 25, 2020, 04:59:53 AM |
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Altcoins are very dependent on the main cryptocurrency of Bitcoin, and now we often see that the same dependence of Altcoins on stock indices. Some tokens can theoretically get rid of Bitcoin, if they are used not only in trading on exchanges, but in real applications and practices.
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Lantind
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March 25, 2020, 05:05:51 AM |
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It's hard to predict when altcoin starts because the crypto market is experiencing turmoil. Maybe some coins have experienced price increases but are still being held back by falling Bitcoin prices.
Predicting is indeed very difficult in crypto, especially for the altcoin season, because most people are clear that the altcoin season has happened once in 2017, and after that the altcoin season no longer occurs until now, and even the signs are not there yet.
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Greatchu
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March 25, 2020, 09:35:32 AM |
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If Coronavirus cure is not detected this year will become a failure for many, even after Bitcoin halving become a success it will not bring huge difference to crypto till coming year, Coronavirus have to go or all hope will be lost for altcoin season
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sangjoewara
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March 25, 2020, 09:50:29 AM |
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If Coronavirus cure is not detected this year will become a failure for many, even after Bitcoin halving become a success it will not bring huge difference to crypto till coming year, Coronavirus have to go or all hope will be lost for altcoin season
Coronavirus will not go away if everyone does not try to cure or help health care professionals in eradicating coronavirus, but over time I read the news circulating that there are several countries that have succeeded in healing patients with coronavirus, although not all have succeeded handled or cured.
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gweedo
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March 25, 2020, 12:43:48 PM |
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There have been a lot of predictions about the altcoin season since 2018. But I still haven't seen this prediction really accurate, in my opinion we will never see the altcoin season like 2017 because now now there are so many scam projects and dead. So it is hard for altcoins to be pumped as strongly as many expect
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Dr.Osh
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March 25, 2020, 01:20:33 PM |
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There have been a lot of predictions about the altcoin season since 2018. But I still haven't seen this prediction really accurate, in my opinion we will never see the altcoin season like 2017 because now now there are so many scam projects and dead. So it is hard for altcoins to be pumped as strongly as many expect
well, since 2017/2018, I haven't seen an abundant rise in altcoin prices. I hope this year the altcoin season arrives, it's just that so many trials have taken place this year, and it seems to make that opportunity unknown again.
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bussybuddy
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March 25, 2020, 01:45:28 PM |
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If you want the altcoin season to come like 2017, then we first need to eliminate the altcoin scam in this market. And then the price of bitcoin goes up to $ 20k again, which is the essential requirement for us to see a great altcoin season.
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Finestream
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March 29, 2020, 09:34:51 AM |
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If you want the altcoin season to come like 2017, then we first need to eliminate the altcoin scam in this market.
How? the market is not follow regulated yet, in fact last 2017 some of the scams also experience the bull run, and that is the reason why a lot of new investors came in because they think investing in crypto makes easy money, in short, they got FOMO'd and bitcoin started it all. And then the price of bitcoin goes up to $ 20k again, which is the essential requirement for us to see a great altcoin season.
Bitcoin will make a new ATH in time, we don't know when but I know bitcoin is capable of doing that even in less than a year. We have to wait and be patient as altcoins will eventually recover when bitcoin becomes stable and achieved a new ATH.
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conex
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March 29, 2020, 10:26:09 AM |
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Impossible to predict, uncharted waters for now. Holding 70% BTC and the rest divided into ETH, NWC and LINK. No trade zone for me ATM.
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Firefoxx
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March 29, 2020, 11:06:34 AM |
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As market is now I don't think anyone can actually predict it. Many predicted and it failed them so anyone predicting would definitely fail. Altcoins can only grow dependent on BTC. I could vividly remember a group and predicted last week that it would be altcoins season but am really surprised to see everything dip. It's an unpredictable market.
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samcrypto
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March 29, 2020, 11:16:27 AM |
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Impossible to predict, uncharted waters for now. Holding 70% BTC and the rest divided into ETH, NWC and LINK. No trade zone for me ATM.
The market will always be unpredictable and no one can tell the exact time of the altcoin season. We have to create good strategy and stop expecting for the right moment instead grab the opportunity around you. I also hold good altcoins and most of them are still down, I can’t be too impatient for that because if I sold early, then I might lose the chance for a higher price. The altcoin season will come, this can give at least hope for the hodlers of altcoins.
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joybella
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March 29, 2020, 12:06:23 PM |
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There won't be a particular time for altcoin season so to say some tokens will get pumped by whales from time to time be on alert should your bags get pumped.
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Viscore
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March 29, 2020, 12:06:40 PM |
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Impossible to predict, uncharted waters for now. Holding 70% BTC and the rest divided into ETH, NWC and LINK. No trade zone for me ATM.
The market will always be unpredictable and no one can tell the exact time of the altcoin season. We have to create good strategy and stop expecting for the right moment instead grab the opportunity around you. I also hold good altcoins and most of them are still down, I can’t be too impatient for that because if I sold early, then I might lose the chance for a higher price. The altcoin season will come, this can give at least hope for the hodlers of altcoins. We can only tell which is the right moment to accumulate and we are now at the right moment because the market is struggling due to the global crisis. If bitcoin were able to had a bull run in the past, it could still happen in the future, and holding is really one of the best strategy to make us successful, therefore we should have mentality of the holder, we put in mind the word "HOLD" so we will not forget that we need to hold regardless of what will happen, and discipline ourselves to only sell when we are in great profit, that's how we get good profit for holding.
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icodealint
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March 29, 2020, 12:10:11 PM |
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This is very simple, any coin/token price will go up once more traders start trading that coin/token, this will big volume is exchange, some people manipulate the trade and create volume. same apply on bitcoin.
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someone703
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March 29, 2020, 12:23:05 PM |
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There won't be a particular time for altcoin season so to say some tokens will get pumped by whales from time to time be on alert should your bags get pumped.
You are right, we will not be able to determine when the altcoin season will begin. It can start whenever whales want it because they control the market. A lot of people have been buying altcoins since 2018 and waiting for the altcoin season but I think it will not come too soon, this market will continue to collapse and discourage all investors
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nikki4
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March 29, 2020, 01:26:46 PM |
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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.
After born new coin it's free coin which means doesn't depends on any coin until first supply is finished. Almost all top price is followed by Bitcoin. Only separately development news allow any coin to pump even when Bitcoin price dump. Another bullrun will come to us when top coin development will complete.
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cytpoway121
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March 29, 2020, 03:56:20 PM |
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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.
An altcoin season is actually a moment where 80% of altcoins experience a significant increase in price, volume and maintains a high price for couple of days, But in crypto currency, there hasn't be an altcoin season without bitcoin experiencing a bull run. So altcoins mooning sequentially is dependent on bitcoin experiencing a bull run because most trade pairs are btc pegged.
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