hatshepsut93
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January 14, 2021, 04:34:11 PM |
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ICO hype was a part of blockchain hype. All those ICOs were claiming to be building some platform to solve some problem and their tokens will have some utility on their platform. ICO itself was known prior to that, Ethereum was an ICO, other altcoins were distributed with it in 2016 and earlier. ICO was just a legitimized premine.
Today institutional investors care about Bitcoin, but will they care about alts? I think they will only care about ETH, and some most daring investors would look at other coins, but there will be no market-wide hype like in 2017, because this time the fundamentals are too different.
Even DeFi hype is nothing like blockchain hype, it only concerns DeFi tokens and platforms like Ethereum. Also this hype seems to be dying down and it has no significant interest from institutional investors.
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JeotQ
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January 14, 2021, 04:34:30 PM |
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Take your time to visit coinmarketcap and see the growth of altcoins since the past 50 days now you will have the answer whether there is altcoin season or not, the higher bitcoin grows the more altcoins will go up too, many people are already running out of patience I see but we can only rely on that patience for now
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Dr.Osh
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January 14, 2021, 04:39:43 PM |
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This time around things are 💯 different, there is not ICO hype to hell altcoins surge insanely like they did in 2018 and even DeFi that might help have lost its hype, just imagine if DeFi is just making it's hype right now instead of mid 2020? Maybe through that all eye can be on altcoins or DeFi projects more than what we saw in 2020, here are few facts I know
1. Altcoin season might not help new projects at all, developers need to understand that it's now more about real use cases than profit making, bitcoin is been accumulated more because of its real potential
2. If new money don't flow into altcoins the ROI won't be much, so don't expect that 4000% profits you got in January 2018 unless something new happened that makes altcoins a target too, right now all bows goes to bitcoin
Well, the reality is that the altcoin season isn't going to be of much help to new projects, in fact I thought the opposite. people will focus on the altcoins that are being pumped, rather than looking at new projects, especially if the concept, team, and information on the project is not very complete, or interesting. For point 2, I think I expect thousands of% of profits to happen to certain altcoins. However, I also think that investors are not expecting much because the current conditions are not like 2017/2018. however, if the altcoin season arrives, the profit will depend on how big the coins are pumped.
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bitcon
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January 15, 2021, 08:48:44 PM |
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How can you guess what will happen next? 2020 showed us what can happen to the exchange rate, with a lot of investor interest that happened due to the fact that the quarantine was introduced. Therefore, I think that in 2021 we should expect good growth because the quarantine was not lifted.
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JeffBrad12
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January 15, 2021, 11:17:42 PM |
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How can you guess what will happen next? 2020 showed us what can happen to the exchange rate, with a lot of investor interest that happened due to the fact that the quarantine was introduced. Therefore, I think that in 2021 we should expect good growth because the quarantine was not lifted.
Just expect the big companies will be interesting to put their money into the bitcoin and this would be given a very big impact to the bitcoin's price and altcoins too. The altcoin season already started and some coins already pumped for more than 200% in less than a week. I can't sure about what will be happening this year consider bitcoin was not able to break 40k resistance. It's still become a big question of whether bitcoin can go even further or stuck at this rate.
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Wulan_maniez
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January 15, 2021, 11:33:32 PM |
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For now, most investors are still looking for bitcoin and many are holding bitcoin because of bullrun, therefore bitcoin is increasingly bullrun. But during bitcoin bullrun as it is today there are many altcoins that also go up in price and we can see it now. But with the rise of altcoins today, many people view this still can not be said altcoin season. But altcoins are pumping prices and after that, there’s a dumped price, and that’s how it spins like that.
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makishart
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January 16, 2021, 12:29:14 AM |
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Take your time to visit coinmarketcap and see the growth of altcoins since the past 50 days now you will have the answer whether there is altcoin season or not, the higher bitcoin grows the more altcoins will go up too, many people are already running out of patience I see but we can only rely on that patience for now
No more altcoin season. People don't understand it in the right way. There's only a season and that's called as the bullish season. Altcoin will never stand with its legs. People just take the old history without try to see there's a lot of changes happened with altcoins and bitcoin. The market is totally pegged with bitcoin movement right now.
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Aliceooo78
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January 16, 2021, 12:49:29 AM Last edit: August 26, 2021, 11:52:33 AM by mprep |
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I think there's no altcoin season, it's very different between this year and 2017-2018.
Those new coin on 2017-2018 aren't scam and gave legit payout based on the distribution/promise, but now all of them only scam and become worthless coin since many investors think new altcoin is scam.
All investors are looking for Bitcoin since Bitcoin is still bullish and could reach $50K-$100K.
No, I don't think so. Kucoin and sushi are all fairly promising
Take your time to visit coinmarketcap and see the growth of altcoins since the past 50 days now you will have the answer whether there is altcoin season or not, the higher bitcoin grows the more altcoins will go up too, many people are already running out of patience I see but we can only rely on that patience for now
that's true
I desperately want some btc...yesterday I bought 10,000 WIN and I have some eth and sushi... which cryptos should I buy next? [moderator's note: consecutive posts merged]
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Teraboy
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January 16, 2021, 04:54:25 AM |
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I desperately want some btc...yesterday I bought 10,000 WIN and I have some eth and sushi... which cryptos should I buy next?
What about DOT and LINK? both were showing the gradual increase and it looks like you must also consider to buy both when the price of those coins get dumped again. Both were relly promising coins at this moment too. It seems like when you can enter at the correct time and it will give you a very nice profit.
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Shallow
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January 16, 2021, 07:09:37 AM |
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This time around things are 💯 different, there is not ICO hype to hell altcoins surge insanely like they did in 2018 and even DeFi that might help have lost its hype, just imagine if DeFi is just making it's hype right now instead of mid 2020? Maybe through that all eye can be on altcoins or DeFi projects more than what we saw in 2020, here are few facts I know
1. Altcoin season might not help new projects at all, developers need to understand that it's now more about real use cases than profit making, bitcoin is been accumulated more because of its real potential
2. If new money don't flow into altcoins the ROI won't be much, so don't expect that 4000% profits you got in January 2018 unless something new happened that makes altcoins a target too, right now all bows goes to bitcoin
I kept having the idea that altcoin season has already happened for the altcoins that are worth it, that is, looking at the price of Ethereum and many major coins so far, one will likely say, they experienced a type of altcoin season, that is to say, all the other altcoins which were banking on altcoins season to happen like that of 2018 are already disappointed, thus setting a new line of things, which is, project teams should focus more on building projects with real value. In addition, I agree with you in the case of Bitcoin, yes all attention, all bows goes directly to Bitcoin and still going directly to it, because it has proved its potential all this while. Lastly, I believe this bull run, really taught many investors the essence of investing in Bitcoin or top altcoins, because those who did really got many gains.
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Claudio99
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January 16, 2021, 07:23:22 AM |
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All I can say is only good coins will surge this time, there will be no room for shit and useless tokens anymore like what we seen in last bull season, it's better to buy good reliable coins and tokens, this bull season is all about accumulations of usefulness cryptocurrencies
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IkonaDro4ku
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January 16, 2021, 07:46:42 AM |
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Of course, the altcoin season will be different this time, and this is understandable. This time, only proven projects will go up in price, which can be seen in the last days. But do not forget that the market is now very overheated and anything can happen.
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buriks
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January 16, 2021, 09:00:18 AM |
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when the altcoin develops, the core coin also follows developments as well, when an altcoin moves, it also needs a strong support for the project so that they are interested in investing and even to trade in the long or short term.
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KaratX
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January 16, 2021, 09:08:13 AM |
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Only the blind won't know that this market is completely different from that of 2017, if Ethereum already managed to break 1000$ price target then all altcoins should be mooning already if we have to judge with what happened in 2017 but now it's not more about FOMO, what interest many is Bitcoin accumulation and few wants Ethereum, that's all I can see right now
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YOSHIE
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January 16, 2021, 10:09:16 AM |
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There is something behind all this, this game is not over yet, very much the difference between 2021 and 2018 has passed, this time everything that fantasies about Altcoin is made crazy, be careful.
2017, Bitcoin goes up, Altcoins are not left behind, be they new projects or old ones all taking part in the crypto market, different in 2021, do not know exactly what will happen to Altcoins in the market after Bitcoin found its highest peak, many people fell this time with regret, it's not over yet everyone is confused about crypto this year, stick to the establishment.
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Janation
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January 16, 2021, 10:17:44 AM |
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What's with the altcoins season thing?
This doesn't mean that the price of Bitcoin did increase means that there will be an actual time that the price of altcoins will follow. I did say that it will come but it seems that people are expecting all of the altcoins to increase and not just some of them. Some popular altcoins will obviously increase but I don't think the majority of altcoins will do the same.
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AltcoinCash
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January 16, 2021, 12:30:22 PM |
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This time around things are 💯 different, there is not ICO hype to hell altcoins surge insanely like they did in 2018 and even DeFi that might help have lost its hype, just imagine if DeFi is just making it's hype right now instead of mid 2020? Maybe through that all eye can be on altcoins or DeFi projects more than what we saw in 2020, here are few facts I know
1. Altcoin season might not help new projects at all, developers need to understand that it's now more about real use cases than profit making, bitcoin is been accumulated more because of its real potential
2. If new money don't flow into altcoins the ROI won't be much, so don't expect that 4000% profits you got in January 2018 unless something new happened that makes altcoins a target too, right now all bows goes to bitcoin
1. In my opinion high gas fee make altcoin season hard to happen, imagine when you buy some altcoins on market and want to transfer it to your personal wallet, how much fees you need to send all of them(based on ETH blockchain) 2. It's all happen due to ICO hype in 2017 we saw huge return to our altcoins, but because many regulations around the world and ICO was not hype like the old time then dont expect for what happened in 4 years ago. Don't confuse altcoins with tokens. Every altcoin have lower fees than ETH.
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tipplelucky
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January 16, 2021, 12:47:05 PM |
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I think some new projects will still be able to show good growth regardless of the altseason, those that will have some real value and bring benefits to the crypto community and are able to solve important problems and tasks
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tvplus006
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January 16, 2021, 12:58:43 PM |
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yes this time it is different from the beginning of 2018 this time bitcoin seems unstoppable, without limits and to me it seems for now the only safe investment, altcoins are too fluctuating at least for me to make a serious investment maybe when eth 2.0 arrives things will change
We are now watching the decline of bitcoin's dominance, which means that the altcoin season is approaching. The price of many altcoins began to increase not only in relation to the dollar, but also in a pair with BTC. For example, the price of Curve has increased to bitcoin by 2 times over the past day.
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ahoenk
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January 16, 2021, 01:17:47 PM |
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This time around things are 💯 different, there is not ICO hype to hell altcoins surge insanely like they did in 2018 and even DeFi that might help have lost its hype, just imagine if DeFi is just making it's hype right now instead of mid 2020? Maybe through that all eye can be on altcoins or DeFi projects more than what we saw in 2020, here are few facts I know
1. Altcoin season might not help new projects at all, developers need to understand that it's now more about real use cases than profit making, bitcoin is been accumulated more because of its real potential
2. If new money don't flow into altcoins the ROI won't be much, so don't expect that 4000% profits you got in January 2018 unless something new happened that makes altcoins a target too, right now all bows goes to bitcoin
The time is not yet to come, ico hype will still come to us. But built on another network. I believe there will be many project use polkadot in the future, especially DeFi project. And there is always a chance to find the Gem which can gives us 4000% or more. Maybe it could be SYL from XSL labs or maybe another ICO
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