Will we ever get another 7th Jan 2018 Alt Season?

[decodx]

Finally SEC regulators can only go against centralised coins like ripple but not decentralised ones? I thought governments love centralisation so why they go after centralised coins 

Because they want to control everything.

I don't think xrp is going to pull down all the altcoins. This may be a temporary effect, but I think that many will recognize the difference between ripple and decentralized altcoins.

[Argoo]

The story with the price of bitcoin and altcoins will no longer be repeated. In 2017 - 2018, the situation was completely different than it is now. The current situation is much better for the price growth of the cryptocurrency market. Price correction will periodically occur, however, one should hardly expect such a strong price drop in January. In 2021, we expect further market growth in general in the first half of the year, however, large holders of cryptocurrency can significantly affect this situation. Therefore, in many ways, the further price movement of the cryptocurrency is poorly predictable.

[hatshepsut93]

You need to understand the reasons behind the market trends if you want to have some idea about the present and near future. Unfortunately, I see a lot of users throwing this idea out of the window and just keep operating on pure hopium.

2017 market was driven by "blockchain technology" hype. Investors were throwing their money at every altcoin out there, traditional companies were announcing that they will adopt blockchain and so on. Then, after Bitcoin has crashed, there was much less interest in blockchain.

Fastforward to 2020, Bitcoin is booming because institutional investors decided that it's worth parking some of their money in it, since US dollar isn't doing to well. Is there any reason for alts to grow here? Would anyone view highly experimental, unrpoven, untested, work-in-progress networks as a good place to store their value? Especially since their volatility is much higher than Bitcoin's? The answer is clearly no.

Altcoin season was a one-time thing, investors won't be so hyped about blockchain now, because it's no longer a brand new thing, and they see that it failed to yield any results since 2017.

[Marble777]

maybe you can, because there is still a lot of time especially when the end of December hasn't ended. maybe after BTC's correction some altcoins start showing signs again. now is a great time to buy some bags of altcoin at low prices and maybe wait until early 2021.

[very_452001]

Why am I hearing exchanges are delisting ripple xrp when the jury verdict on that sec case has not been reached yet 

I understand if ripple found to be liable guilty then exchanges can take action buy why take action in advance? Is it because exchanges believe no one will win against the sec no matter how good your lawyers are?

[oprahwindfury]

To see alt season like the season in January 2018, bitcoin need to chill off and remains its value somewhat steady.At the point when individuals see no danger of air pocket, they will spend out their money to purchase altcoins and when whales finish their games with bitcoin, they will change to elective digital currency.In 2018, the alt-season happened one month after the unequaled high of bitcoin.

[tycsols]

This is the date when Alts were at their peak with bitcoin dominance being pushed down to all time low 35%.

This was also the date when its a day before when bitcoin bubble popped from the Dec 2017 $20k all time high to losing 75% of its value few weeks later.

Questions are:

- Can we get another similar Alt season bull market when btc is volatility consolidating at new all time highs before the bitcoin bubble gets popped like above? Or is this start of a new bull market for btc where we have to wait till next year or 2022 for another alt season peak when btc is hovering at $100k or whatever new ath it hits?

- Lets take the Benchmark Alt coin Ethereum. The price difference ratio between Eth and Btc is high now like $650 to $23000. In the 2017/18 bull market Eth was $1400 to btc $20k. Are Alts dying and BTC will be king?

- Lastly I remember in 2017/18 Alt season all the Alts were being pumped where people can very rich from this. Will it be a different story for Alts this time coming into this new bull market where only the good fundamentally altcoins will be pumped only and shitcoins this time will stay the same flat dead line?

- Best time to sell Alts when Bitcoin dominance is at its lows? This is the best indicator for selling alts?

 

Obviously we will get the altcoin season again soon hopefully in 2021 but there are big chances that bad quality projects will nit pump much so try to get more coins from top 50 or top 100 coins only for better bulls exposure.

[very_452001]

To see alt season like the season in January 2018, bitcoin need to chill off and remains its value somewhat steady.At the point when individuals see no danger of air pocket, they will spend out their money to purchase altcoins and when whales finish their games with bitcoin, they will change to elective digital currency.In 2018, the alt-season happened one month after the unequaled high of bitcoin.

If bitcoin is on route to $100k then how can it chill? This mean altcoins will remain in the shallows until that happens but once bitcoin reaches 100k its gonna dump hard back down to 20k that is a 80% pullback and once that happens the already shallow alts that haven't recovered will correlate with this -80% too sending alts into death near 0 right?

Except Litecoin of course. Its the only Alt that shares the same strengths with bitcoin from the looks of it!

Even Ether doesnt look like it can catch up with btc pace.

Ripple got a scandal to deal with in courts.

So hence I said litecoin ltc.


Okay coming back here it looks like only the fundamentally sound altcoins will have their bull market alt season. I'm talking altcoins that are genuine backed by good fundamentals that have a real world usage now, not scams and yeah it looks like investors nowadays wont technically dump their money into random alts like they did in 2017/18 because lots of ico scams back then.

So it seems the ico scam stain wont clean off for a very long time, so bad that it puts investors off alts still to this day and we wont have another alt season meaning only a handful of fundamental alts will have their individual bull runs.

Of course we will continue just having yearly alt trends. This 2020 year was the de-fi trend.

[moderator's note: consecutive posts merged]

[RussianEnglishTranslation]

This is the date when Alts were at their peak with bitcoin dominance being pushed down to all time low 35%.

This was also the date when its a day before when bitcoin bubble popped from the Dec 2017 $20k all time high to losing 75% of its value few weeks later.

Questions are:

- Can we get another similar Alt season bull market when btc is volatility consolidating at new all time highs before the bitcoin bubble gets popped like above? Or is this start of a new bull market for btc where we have to wait till next year or 2022 for another alt season peak when btc is hovering at $100k or whatever new ath it hits?

- Lets take the Benchmark Alt coin Ethereum. The price difference ratio between Eth and Btc is high now like $650 to $23000. In the 2017/18 bull market Eth was $1400 to btc $20k. Are Alts dying and BTC will be king?

- Lastly I remember in 2017/18 Alt season all the Alts were being pumped where people can very rich from this. Will it be a different story for Alts this time coming into this new bull market where only the good fundamentally altcoins will be pumped only and shitcoins this time will stay the same flat dead line?

- Best time to sell Alts when Bitcoin dominance is at its lows? This is the best indicator for selling alts?

 

We have been seeing altcoin runs in different sectors, most recently DeFi, you just need to know where to look... DYOR. My investment strategy has been to buy up microcaps like 0xMR and UNCX early before they moon. If you invest in something that already increased in value there will be a lot of bagholders looking to dump on you.

[yurez]

To start the Alt season, it is necessary for investors to start taking profit on bitcoin and getting out of it.  The dominance of bitcoin should also drop to the area of ​​50%, but this is still very far away.

[very_452001]

So we just have to wait and see whether we get another Alt season taking off this year. If not that will be the end final nail in the coffin for Alts I guess apart from Bitcoin in the top 10.

We know future will be blockchain technology so surely bitcoin cant steal all of that blockchain market right?

You will always get Pepsi to Coca Cola and the same can be said of Burger King to Mcdonalds.

Nike to Adidas. Apple to Microsoft so surely bitcoin cant have 100% market dominance. So out of 8000 altcoins only a few can survive right?

[hongchao123]

You are waiting for alt season so much but is btc bull run not enough?

[very_452001]

You are waiting for alt season so much but is btc bull run not enough?

Well I am replying in a 'Alt' forum so btc discussions not allowed here correct?

[IkonaDro4ku]

Some altcoins are already showing good growth. Dot has doubled recently, Litecoin is now very expensive and ether has almost doubled in the last month. The altcoin season has already begun.

[newdevices]

oh yes of course, don't worry, there are already signs, Doge is up 150%, Ethereum is above $ 700, and Litecoin is in a bullish trend,
of course these are signs to watch out for when the altcoin season will start, it's just that bitcoin dominance is still high and predicted to be reaches 90%,
so just accumulate the altcoins that you choose and hold, 2018 will repeat itself this year.

[Banulit]

We can never tell whether this 2021 will be the same on what happen on that said year where alt season started but I have confidently convinced that it has a very high possibility that alt season is on its way because seeing the market bullish not only for bitcoin but also to several top rank altcoins that made me strongly feel that it will make a new history for crypto world and industry.

[Sithara007]

We can never tell whether this 2021 will be the same on what happen on that said year where alt season started but I have confidently convinced that it has a very high possibility that alt season is on its way because seeing the market bullish not only for bitcoin but also to several top rank altcoins that made me strongly feel that it will make a new history for crypto world and industry.

Coins just don't go up like that. There needs to be a solid reason. Bitcoin prices have gone up, as a result of the hype surrounding integration into platforms such as PayPal and Square. Some of the altcoins have also gone up, mainly because they are also traded against BTC. Their exchange rate versus BTC has gone down, but that against fiat has gone up. But this trend is not going to last much longer and the hints are already there. Bitcoin dominance now stands at 72%. It was 57% before the start of the bull run.

[decodx]

Coins just don't go up like that. There needs to be a solid reason. Bitcoin prices have gone up, as a result of the hype surrounding integration into platforms such as PayPal and Square. Some of the altcoins have also gone up, mainly because they are also traded against BTC. Their exchange rate versus BTC has gone down, but that against fiat has gone up. But this trend is not going to last much longer and the hints are already there. Bitcoin dominance now stands at 72%. It was 57% before the start of the bull run.

Altcoins follow the Bitcoin's bullish trend at the moment (at least some of them). But I agree with you, the trend may not last long. Bitcoin is probably still the safest to invest in the long run.

[sulendra12]

We can never tell whether this 2021 will be the same on what happen on that said year where alt season started but I have confidently convinced that it has a very high possibility that alt season is on its way because seeing the market bullish not only for bitcoin but also to several top rank altcoins that made me strongly feel that it will make a new history for crypto world and industry.

Are you aware of the current market trend right now, or do you just typing random bullshit here?

You are waiting for alt season so much but is btc bull run not enough?

What in the world people don't want to min-max their earnings through different things. There is no reason to limit yourself because BTC is going high it doesn't mean that is enough for us. Let's say Dogecoin right now, Dogecoin is really hype right now due to reasons and you would like to miss this opportunity? Sure dude.

[cryptoknightt]

I also think so, because this is the biggest bitcoin volatility to date, where the domination of BTC is above 70% and is the highest number as long as BTC exists.
maybe until btc is stable for a while that's where we can see the alt season.
but for now it cannot be ascertained because the price of btc tends to rise every day and only briefly makes corrections and then rises again after that happens.