AbNewton
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April 06, 2020, 11:42:43 AM |
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alt season starts when bitcoin dominates up and stable, and bitcoin prices in uptrend make alt season begin and altseason ends when btc prices in downtrend and btc dominance down
True, Bitcoin's uptrend right now shows sign that altcoin season would be soon to happen. Hope nothing will disrupt this current trend.
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lienfaye
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April 06, 2020, 11:55:14 AM |
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alt season starts when bitcoin dominates up and stable, and bitcoin prices in uptrend make alt season begin and altseason ends when btc prices in downtrend and btc dominance down
True, Bitcoin's uptrend right now shows sign that altcoin season would be soon to happen. Hope nothing will disrupt this current trend. Well its good to see the bitcoin price starting to recover but we cant be certain if this is the start for the market to turn bullish. Altcoin season will happen once btc price soar high, we know btc influence the price of alts. For the coming halving we're hoping it can affect the market positively despite of the problem we've been going through right now due to virus, lets just hope for the best and be optimistic.
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FrozenBit
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April 06, 2020, 12:06:07 PM |
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alt season starts when bitcoin dominates up and stable, and bitcoin prices in uptrend make alt season begin and altseason ends when btc prices in downtrend and btc dominance down
How can BTC be stable? Bitcoin's price has always moved in this market and I have never seen it stabilize for years. And currently Bitcoin still dominates this market but altcoin still cannot grow. If altcoins want to grow, we need to eliminate scam and shoddy projects, then investors will definitely focus on the top altcoins and help their prices go up.
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Clark05
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April 06, 2020, 12:09:28 PM |
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Most of the times as I noticed in the past few years when the bitcoin increase or dumping the altcoind are same movement. But they have time or sometimes happen that they have opposite movement but most of the time altcoins are following bitcoin. That is what I saw only it depends to you and others what their think about altcoins if they are base on the bitcoin or not.
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Jateng
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April 06, 2020, 12:43:02 PM |
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Altcoins still depends in the price of BTC. We notice that if BTC rise then altcoins will follow along the road. So it's probably be BTC season not altcoin season and we'll see that if altcoins rise its just for a meantime not as high as BTC rise. Most of the investors seeks to try first the BTC because of the population towards other cryptocurrency. We see the price goes up again this upcoming halving and the adoption of other countries to bitcoin
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ElmedoRator
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April 06, 2020, 12:55:00 PM |
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the altcoin season is usually preceded by the bitcoin season, so when bitcoin goes up, then altcoin is likely to go up too, but this is not necessarily also, because yesterday when bitcoin went up not all altcoins followed it. but at least with the increase in bitcoin makes hope that the altcoin season will arrive
Well, that was a wrong thought. The altcoin season never precedes bitcoin. Like in 2017, the altcoin season only started when bitcoin increased to a record of $ 20k and then all altcoins in this market were pumped. And in the next times I think this market will move the same way, we should expect bitcoin to break $ 20k for the altcoin season to begin.
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stadus
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April 06, 2020, 01:01:59 PM |
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Most of the times as I noticed in the past few years when the bitcoin increase or dumping the altcoind are same movement. But they have time or sometimes happen that they have opposite movement but most of the time altcoins are following bitcoin. That is what I saw only it depends to you and others what their think about altcoins if they are base on the bitcoin or not.
That's the case after the bull run, slowly the price drop until altcoins loses its dominance and since bitcoin now owning the highest dominance, it's normal that the market moves when bitcoin moves, therefore at this point, we need to wait until bitcoin reaches its new ATH before we expect an altcoin season. I know we all have been waiting for it, but let's be realistic while waiting.
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WSDN
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April 06, 2020, 01:06:14 PM |
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Altcoins still depends in the price of BTC. We notice that if BTC rise then altcoins will follow along the road. So it's probably be BTC season not altcoin season and we'll see that if altcoins rise its just for a meantime not as high as BTC rise. Most of the investors seeks to try first the BTC because of the population towards other cryptocurrency. We see the price goes up again this upcoming halving and the adoption of other countries to bitcoin
Altcoins are now unable to control themselves and rely heavily on the price of Bitcoin, so investors will face a lot of risks if they are not careful when investing. I don't know what the future of this market is like but surely altcoin season will soon happen when the world situation becomes more stable. Of course, this is just my personal prediction and is still very much dependent on the crypto market.
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blckhawk
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April 06, 2020, 01:08:00 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.
It is indeed, however not all the altcoins are effected though. If Bitcoin season comes then I am pretty sure that altcoin season will follow as well hence, if we want for this to happen massive adoption could be one of the key. Way back 2017 we have seen how Bitcoin became powerful and so for altcoins so we could say they are more likely interconnected with each other. Unfortunately, looking on what current situation we have even if there will be a halving I am afraid that this will might not bring a profit.
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plvbob0070
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April 06, 2020, 01:10:02 PM |
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alt season starts when bitcoin dominates up and stable, and bitcoin prices in uptrend make alt season begin and altseason ends when btc prices in downtrend and btc dominance down
How can BTC be stable? Bitcoin's price has always moved in this market and I have never seen it stabilize for years. And currently Bitcoin still dominates this market but altcoin still cannot grow. If altcoins want to grow, we need to eliminate scam and shoddy projects, then investors will definitely focus on the top altcoins and help their prices go up. The truth is bitcoin will never become stable and its price will always remain unpredictable/unstable. Eliminating those scam projects is very difficult to do because day by day we can encounter this and even bitcoin dominates in the market still, other altcoins have a chance to grow, it just needs to have huge community supporters and trust of their investors. When it comes to the altcoin season, it just likes the bull run which no one knows when will comes but, I'm sure it can still possible. The movement of bitcoin has a big role in the altcoin seasons which it just dictates when will the altcoin started and ends. The altcoin season will remain questionable as long the market is on the bear situation. And for me, I guess it might arrive after this pandemic or in the year 2021.
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shaheer001
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April 06, 2020, 01:20:49 PM |
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In the past, there was a trend by investors that December is the altcoin season as Bitcoin moved fast in 2016 and 2017 in December and Jan. But now we have seen from the last two years that there was no season for the altcoin. It totally depends on Bitcoin price so whenever Bitcoin start increasing all other altcoins also go up.
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joybella
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April 06, 2020, 01:46:06 PM |
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Th ne market is dependent on Bitcoin movement either the token moves up with Bitcoin or it falls with Bitcoin fall. There are some tokens whose price is the same as bitcoin movement but there are some who falls when Bitcoin rises and falls when Bitcoin falls as well. Altcoin season will come when Bitcoin dominance reduces which happens when price is too high for buy so people buy alts in hopes to earn more Btc value.
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Viscore
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April 06, 2020, 01:48:34 PM |
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In the past, there was a trend by investors that December is the altcoin season as Bitcoin moved fast in 2016 and 2017 in December and Jan. But now we have seen from the last two years that there was no season for the altcoin. It totally depends on Bitcoin price so whenever Bitcoin start increasing all other altcoins also go up.
What happen in the past does not necessarily happen in the future or in the present. Some of us have enjoyed that time, altcoins season will never be forgotten as altcoins was more profitable than bitcoin that time. in fact there was a report that XRP was the most profitable in 2017, more profitable than bitcoin at bigger percentage so people are expecting they will see a crazy market again where making money was just too easy.
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hirngespenst
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April 06, 2020, 01:59:31 PM |
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Th ne market is dependent on Bitcoin movement either the token moves up with Bitcoin or it falls with Bitcoin fall. There are some tokens whose price is the same as bitcoin movement but there are some who falls when Bitcoin rises and falls when Bitcoin falls as well. Altcoin season will come when Bitcoin dominance reduces which happens when price is too high for buy so people buy alts in hopes to earn more Btc value.
Yes, you are right! Most of the altcoins are dependent on Bitcoin! Sometimes we see exceptional but that can't be an example! Right now Bitcoin's price is increasing and the altcoins are following the Bitcoin movement. I think if Bitcoin dominance increases more and grow in price then altcoins price will grow too! Because Bitcoin high dominance is bad for shitcoins, not for potential alts!
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Alohadanc3
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April 06, 2020, 06:17:37 PM |
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It's a very hard question to answer. This question vary people to people. Most of the people refer 2017 or early 2018 as altcoin season. For me when most of the alts start to give profit in 6-7 months terms thats also alt season. Of you are a good trader and know when to invest and when to sell. Every ups and down is an opportunity for you. At this time when I am writing this market shows some real good move. It it stays for some days we could see some gains in alts too.
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jostorres
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It looks like its getting closer and closer eventually. I know we have been waiting since 2017, I mean think about it ethereum was around 1400-1500 dollars and never really reached 700 dollars ever again right? Not 1000 dollars neither. Think about bitcoin, it peaked at 20k but also had a 14k last year, that is less than 50% drop, for the same thing to happen to ethereum we need to be over 700 dollars but ethereum never had that.
Look at every single other coin and you will see about the same things except few of them. Now we are still low, bitcoin is around 7k and that is fine, from 20k that is a good drop, but ethereum is 150 dollars, which would be 2000 dollars equivalent in bitcoin which its not, x3.5 higher than that. We WILL get that increase in altcoins eventually, stay strong.
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MikeGarden
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April 06, 2020, 07:42:05 PM |
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- snipped -
Actually yes , altcoin season's will only be dependent on bitcoin price The one should start the increase will be on bitcoin. There are altcoins who have had their own demand and are not dependent in bitcoin to rise but very few altcoin have this. So to answer the basic question's when the altcoin season will start just always look at the bitcoin price and he will always give you signal when. good to know buddy, since im actually pondering on stocking more ilcoins. good to have feedback as well on when it could increase.
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Cryptrx
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April 06, 2020, 07:50:19 PM |
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Altseason may never be a thing again judging by how bitcoin has dominated the crypto market and it's dominance isn't declining anytime soon. It has to decline for altcoins to make a bounce.
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Akoldi_ibk
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April 13, 2020, 09:19:25 PM |
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Altcoins movements are mostly influenced by the state and condition of Bitcoin. The dominance of BTC is glaring and not ready to part away with any of its shares. Before we can see another altcoin season which might never come, BTC needs to moon and then stabilize to allow the few very good altcoins to move up. Altcoin season is still coming, but only excellent and viable projects will enjoy that season.
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Nesbee2
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April 13, 2020, 10:45:25 PM |
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Does altcoin really have a particular season ? yes atimes it follows the trend of BTC price fluctuations , yet some altcoins wont still moon . There are also some projects with a good usecase and strong team that moons irrrespective of the movemet of BTC price.
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