Cherylstar86
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December 01, 2020, 07:56:58 PM |
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This year is bitcoin's year back and altcoins will do the same thing next year. I also hold some altcoins, most of which aren't in the top but I also believe they will bring a lot of surprise in 2021.
It is always Bitcoin's year in my eyes;) Whether it is for selling like now (unless you are me and hodl forever) or like in 2018 and 2019,,, it is Bitcoin's year for consolidating and buying! And naturally, altcoins benefit only when BTC is up, but when BTC is in buying phase, most alts die;) It's just a disgusting scenario as I seen most of my alts asset were really turning down low, and as btc pumped higher alts also tend to go down badly. You're partly right that's it's dying and I don't know when it would be risen from it's long time of being asleep. Hopefully, it would remarkably be doing good this coming 2021 and so on.
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Ridwan Fauzi
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December 01, 2020, 08:09:41 PM |
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I doubt, can you count how many altcoin that has been reaching its previous all time high?
Just give me one altcoin, especially the altcoin who has been reached its all time high 2017 ago and dump a lot when bear market came.
Currently, in this bull run market I see the altcoin price movement is depend on bitcoin price movement when its price dump. I mean, I often see when bitcoin price meet a correction almost altcoin price meet a correction as well but when bitcoin price drastically increase almost altcoin price just increase slowly even some of them just met a correction. If this continue, we will never see the new all time high for all altcoin price unless their price movement same with bitcoin.
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dragonvslinux
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December 01, 2020, 09:05:15 PM |
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The next pump for altcoin will be even bigger than 2017's pump. Bitcoin was getting a very big pump caused by it has a very strong fundamental started from bitcoin being used by a lot of big name as investment. This is definitely affecting the bitcoin. Altcoin could have a very big pump in the future. I believe if it will be more than what it was before. The golden time for altcoin will come. The defi trend is not so strong as it was before. It's better to buy the promising coins that have fully working product.
the big movements on bitcoin price started by the news from paypal, and its continues until now and i agree with the OP, the right time for altcoins tto grow and create new high in price is next year, just be ready and hold only a good altcoins Probably one of the first times that a news event pumping the price was actually relevant, as it meant that in the weeks to come paypal would start buying bitcoin en mass for their clients who want a slice of the pie now. At least from what I understand about paypal/square/cashapp/greyscale accumulation right now, it's nearly 2x the daily mined supply. I wonder if this means an ETF is actually going to arrive, just in time, or whether it will arrive at a new ATH like cme futures did
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irixo10
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December 02, 2020, 08:45:16 AM |
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Before talking about the market growth or bull run during 2017 and that of this current one which everyone is anticipating on, there is need to understand that, both era are different, that is, hype played a very major role then with most coins pumping hard but nowadays that won't be the case, that is, it will be based majorly on use case or working product. So talking about All Time High by 2021, I think only few altcoins will experience this and from your list coins such as Ethereum, Binance Coin and Cardano, also I think some Defi projects with good and working products will likely experience it as well, but might not be that huge. On the other hand, most altcoins with little to nothing to offer will only keep declining in price because there is every possiblity that investors will dump for a more better option or altcoin.
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Saisher
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December 02, 2020, 12:38:25 PM |
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And naturally, altcoins benefit only when BTC is up, but when BTC is in buying phase, most alts die;)
That's because of Bitcoin dominance it will always have an impact as long as Bitcoin dominance is that higher maybe when Bitcoin dominance is lower than 30% then the price of some of the altcoins will not be pegged in Bitcoin anymore but on dollar, but it will take years before that happen.
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whyrqa
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December 02, 2020, 02:08:44 PM |
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And naturally, altcoins benefit only when BTC is up, but when BTC is in buying phase, most alts die;)
That's because of Bitcoin dominance it will always have an impact as long as Bitcoin dominance is that higher maybe when Bitcoin dominance is lower than 30% then the price of some of the altcoins will not be pegged in Bitcoin anymore but on dollar, but it will take years before that happen. Anyway, Bitcoin is the leader of the cryptocurrency market in all respects and its dominance in the market is almost irresistible. Even the closest competitor, Ethereum, lags far behind. Nevertheless, Bitcoin and Ethereum are more in demand for investors than other altcoins. There is no need to have high hopes for altcoin anytime soon.
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#business #forextrader #bitcoinnews #invest
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coin-investor
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December 02, 2020, 03:46:25 PM |
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Bitcoin and Ethereum are more in demand for investors than other altcoins. There is no need to have high hopes for altcoin anytime soon.
But I do have high hopes for some altcoins like Ripple Tron Eos among other altcoins that are on the top 10, just don't mind coins that are beyond 30 although these coins have good potential we should be in a safe zone when investing if you are not whales. I don't look down on altcoins but they have to prove themselves and come out with a good and unique platform and they should have a strong community, these are the ingredients of a highly potential coin in the market.
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Farma
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December 05, 2020, 06:05:44 AM |
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And naturally, altcoins benefit only when BTC is up, but when BTC is in buying phase, most alts die;)
That's because of Bitcoin dominance it will always have an impact as long as Bitcoin dominance is that higher maybe when Bitcoin dominance is lower than 30% then the price of some of the altcoins will not be pegged in Bitcoin anymore but on dollar, but it will take years before that happen. However, sometimes there are times when the price of bitcoin is stable, the price of the altcoin will go up considerably. it's just that at this time it is not visible. however, the potential for a high price increase could occur at any time this time. even though the price of bitcoin is more dominant, there will definitely be times when the altcoin price will go up by itself. well, I also hope it will happen at the end of this year, or early 2021.
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shinratensei_
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December 05, 2020, 08:05:49 AM |
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I am not certain that the entire altcoin market will rise as there are many dead coins but the top coins will have a huge stride and with the way the market is moving anyone who invested a year back will be reaping a substantial profit. I was expecting a correction a while back but to my surprise the market keeps on rising without showing any signs of weakness.
Yes its sure that the dead coins will never see the light again only if the team make somthing new fore the project...no of of the traders in the crypto market wanted to buy a dead coin of caurse but the topic talk about the top altcoins That reminds me of CHSB and so many people called it a dead coin but it's waking up again from its dead and it can be traded at 10 cents. There are some coins that were being resurrected from its dead just like unibright. Bitcoin is not showing good support to create a big pump to make bitcoin can surpass 20k rate. It's quite difficult to be achieved by bitcoin. Bitcoin could stay in the same position may be for a month or more. If the update will be a very important update and it can bring back the demand.
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shoreno
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December 05, 2020, 09:57:31 AM |
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I am not certain that the entire altcoin market will rise as there are many dead coins but the top coins will have a huge stride and with the way the market is moving anyone who invested a year back will be reaping a substantial profit. I was expecting a correction a while back but to my surprise the market keeps on rising without showing any signs of weakness.
Yes its sure that the dead coins will never see the light again only if the team make somthing new fore the project...no of of the traders in the crypto market wanted to buy a dead coin of caurse but the topic talk about the top altcoins That reminds me of CHSB and so many people called it a dead coin but it's waking up again from its dead and it can be traded at 10 cents. There are some coins that were being resurrected from its dead just like unibright. dead coins as in coins with zero value ? i have lots of them and i also have coins that are considered dead but have a small value that doesnt move . if those other dead coins have bring back to life it means that my coins still have a chance , oh yeah thanks for making me feel positive with that . on the other hand the top altcoins are still showing a good increase in this last month of the year and it still possible for them to reach thier own ath .
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ichi
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December 05, 2020, 12:48:06 PM |
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In view of what I read on numerous assessments and expectations from various public characters and fairly called them crypto specialists the following bull run coming has a major contrast contrasted with what happened last 2017, this time Wall Street brokers and institutional players are entering bitcoin now this is truly colossal cash coming into crypto and consistently we can see an immense market cap in digital currency inside the following year I trust we can expect more volume added each day the last bull run we saw will resemble an exceptionally minuscule diagram contrasted with what is coming we must be prepared appropriation from each edge of the world are gradually ending up remaining refreshed.
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Hypnosis00
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December 05, 2020, 02:19:14 PM |
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Bullrun can be at any moment. We saw Bitcoin is reaching its ATH but that was an opposite look to altcoins. We are thinking of the same scenario last 2017 but it won't, it's likely unlucky for altcoins this year, maybe in the coming year. But I won't be expecting that it goes alone without Bitcoin. And we can't assume also that 2021 we will have another Bullrun as it usually takes 3 years before it happens again. Maybe I was wrong, and maybe I am.
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chichidori
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December 05, 2020, 02:33:31 PM |
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Still hold some of those coin digibyte and waves to be exact I traded them but will always buy back and hold, if BTC surge again next year and the developers of those coin make something interesting it could be fun watching the market go crazy again hopefully those that have solid devs and project benefits from it and not those artificially pump coins.
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ven7net
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December 05, 2020, 02:47:17 PM |
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It so happened that I witnessed the flight to the moon of cryptocurrency prices in 2017, as well as witnessed their next fall. This prompted me to study the market throughout its existence and identify some interesting points. The main factor was that the cyclicality of the market was traced every 4 years. In other ways, every fourth year, cryptocurrencies reached their peak prices and grew several times higher. It was then that I realized that the next flight to the moon is expected in 2021. So the numbers show. It turns out that it is in 2021 that we should see new peak prices for altcoins. So it will be or not, we will very soon find out. The main thing is not to be greedy and fix your profit in time.
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jeniferqueen0409
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December 05, 2020, 03:21:11 PM |
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A very nice topic and a lot of evidence about altcoins. What is happening in the crypto market and the fact that Bitcoin is rising in price in the last 2020 year it can make us predict that 2021 is the year of Altcoins and If Bitcoin does not stop rising and creates more miracles than in 2017, this situation could happen.
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Alexmagn84
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December 05, 2020, 04:18:16 PM |
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I surmise we have a similar intuition with regards to contributing path in those days however it didn't switch up to this second. The wave from the defi is additionally significant for financial specialists to look at which will be their next decision of altcoins. So search for coins or tokens that are intensely utilized by their separate clients. It is better if their utilization case is committed to be utilized in consistently living of a normal crypto client, this will make a decent selection in the crypto business.
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FanEagle
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December 05, 2020, 04:38:55 PM |
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I believe that 2021 is going to be one challenging year. I mean it could be the year where we are finally seeing super high prices that we have long awaited for and it would make sense for it to be that year because everything looks to be very promising for us and have a high potential.
Or it could be the year where we are finally not seeing anything worthy at all after such a good year in 2020 (well for crypto at least). Think about it, last time we went this high, next year became a very bear year that everything became horrible, which is why I believe 2020 could be like 2017 but I really hope that 2021 is nothing like 2018, if it even resembles a bit, we are looking at a horrible year.
So, we are now just waiting to see if 2021 will be like 2018 or will be like continuation of 2020.
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Kusman
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December 06, 2020, 02:07:31 PM |
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I think this is not possible for many coins. Too many coins have entered the market in the last 3 years. If all of them do ath, dominance will drop very much. I think it's impossible.
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onecall123
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December 06, 2020, 03:29:54 PM |
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A very nice topic and a lot of evidence about altcoins. What is happening in the crypto market and the fact that Bitcoin is rising in price in the last 2020 year it can make us predict that 2021 is the year of Altcoins and If Bitcoin does not stop rising and creates more miracles than in 2017, this situation could happen.
true, many people believe there will be a surprise regarding the increase in the price of bitcoin and altcoin in 2021. even many large companies are investing quite a lot due to this rumor. Formula is simple : Bitcoin > Ethereum > Altcoins As BTC arrives at the ATH, I think this is very reasonable several other coins might follow. Ethereum is already in a good shape so this is just a matter of time alts will explode. Anyway, This is completely very own prediction, I’m not a financial adviser don’t take this as financial advice.
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lunnatic
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December 06, 2020, 06:33:06 PM |
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new all time high for altcoins still there are no signs yet, especially now that the market is sidweays, this should be the right time to hold altcoins
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