When Alt Season Thread

[tokeweed]

For the lulz.



Check this site out:  https://www.blockchaincenter.net/altcoin-season-index/

^  Thanks qwizzie.

[1713921106]

1713921106

[Tstar]

It looks like we all be like the skeleton - the Bitcoin dominance crossed 71+%.

We currently have two profitable choices - keeping Bitcoins or investing in decent, but new projects, as keeping other alts is not profitable than Bitcoin holdings.

[cryptonx]

let see how long the bitcoin price growing and create new high, then when a corrections coming to bitcoin price
i hope the altseason will coming my friend,
by the way, for now we need to increase our patience because bitcoin show up its power

[devollito]

Usualy alt season will come after bitcoin bullrun, when bitcoin bullish season finish many people will move their money in to altcoin. Big whale also playing in this phase to grab more bitcoin from retail investor. So always be carefull to Alt which does not have fundamental uses case.

[MandatoryOption]

Ethereum did pretty good today actually   Today's the day!!!

But I am also wondering if we will ever see an altseason like 2017/18. This bullrun is driven more by large institutional investors and they seem to be mostly interested in top cryptos, like Bitcoin or Ethereum. I doubt that they know any coin outside the top 20 MC.

[logfiles]

But I am also wondering if we will ever see an altseason like 2017/18. This bullrun is driven more by large institutional investors and they seem to be mostly interested in top cryptos, like Bitcoin or Ethereum. I doubt that they know any coin outside the top 20 MC.

If you are expecting to see shitcoins spike in prices like you saw back in 2017-2018 then I feel sorry for you. It's not gonna happen. With the lessons learned during the 2018 bear market, Some people are now smart, and they know where to put their money.

Look at what happened to ETH today, you would expect ERC20 tokens to spike as well in price but this was not the case. I think what made altcoins have a great season in 2017 was because of the ICO hype which isn't the case this time round. Even the DeFi hype isn't anywhere close to what we saw that year.

[MandatoryOption]

But I am also wondering if we will ever see an altseason like 2017/18. This bullrun is driven more by large institutional investors and they seem to be mostly interested in top cryptos, like Bitcoin or Ethereum. I doubt that they know any coin outside the top 20 MC.

If you are expecting to see shitcoins spike in prices like you saw back in 2017-2018 then I feel sorry for you. It's not gonna happen. With the lessons learned during the 2018 bear market, Some people are now smart, and they know where to put their money.

Look at what happened to ETH today, you would expect ERC20 tokens to spike as well in price but this was not the case. I think what made altcoins have a great season in 2017 was because of the ICO hype which isn't the case this time round. Even the DeFi hype isn't anywhere close to what we saw that year.

I didn't say I expect such crazy shitcoin pumps as in 2017/18. But I think most people still think an alt season means every shitcoin besides Bitcoin pumps. As I said, I also think this time it's different. Since it's not average people fomoing into crypto but rather "smart" institutional investors that drive the price this time we will probably only see realy gains for top altcoins, heck maybe even only for ETH.

[qwizzie]

Source : https://www.blockchaincenter.net/altcoin-season-index/

[desciglio2]

Altcoins have been incredibly good for the past two days. Bitcoin remained low. There may be big whale movements.
We are seeing profit sales in Bitcoin followed by an altcoin rally. Smart traders earn very good money 

[inanilujimi]

although I am not sure, but the best altcoin number 2 (Etherium) is already making a big move, whether it can trigger for the altseason no one knows ..
Hopefully we can take a look back at this year's altseason that crypto users have been waiting for.

[tokeweed]

At that moment when we think we're out...  BTC pulls us back in.  



BTC...  You know, just here to spoil the party again everytime alts start to break out and trend up.  -_-

[qwizzie]

I am just not sure if that applies to crypto as well 

[cassavachips]

We have been waiting for this for too long, while Bitcoin continues to rise. Bitcoin dominance continues to strengthen and it is quite difficult for Altcoins to get a chance. This year is a big hope for the Altcoin season. We have to be patient!

[masterzino]

The Bitcoin dominance dropped 4(four) percent in just two days without losing much value! Maybe finally is the alt season

[cabron]

The Bitcoin dominance dropped 4(four) percent in just two days without losing much value! Maybe finally is the alt season

It might just be true. 45% for ETH and then there is UNI with 68% and also Aave with 45% as well, the whales must be scalping for altcoins too. These are the tokens that seem popular already on Defi. Not all altcoins however are going up. 68% dominance is still huge. In a day or two, it will be back to more than 70%. Grayscale just sold their altcoin holdings for BTC.

[peter0425]

For the lulz.

The question is "Is there really an Altcoin season"?

Many post i have crossed this forum but yet answers are not certain , Because for Me there is no really altcoin season but rather than "Altcoin Manipulation"

Because if there is a season of Progress and growth and Only bitcoin has this capacity.

[tokeweed]

I am just not sure if that applies to crypto as well 

No way...  It’s all about the destination as far as trading crypto is concerned.  We want the most reward with minimum effort as much as possible. 



But you just couldn’t tell with some people tho.  Lol.

[Reid]

Thankfully I stayed with Ethereum but never expected XRP to suddenly have a bad reputation.
But my other alts? They are in a "coma" right now.
I could not even sell them for they are like dust that would not even help me to buy another.

I don't think there will be that kind of season.
Even with trying the reverse psychology to myself. 

[posi]

there is no more altseason like 2017 buddy, or maybe I think this time it happens a different way, because when btc goes from 19k to 35k i don't see all altcoins following btc price. but only a few and because there is good news from the project not because of Fomo BTC

Theres already altcoin season this year already though it was not like 2017 where the major investors are the regular enthusiast but this current bullish market major investors are the institutions and some private bodies and their main focus/investment are on Bitcoin. However, that doesnt mean altcoin wont reach new ATH.

[edandrada]

alt season will start when dominance of btc hit 70%
i think it will fall until 60% when alt season finish