Alt season start in 3...2...1

[Reid]

It was top of alt bubble. I doubt that they have that much steam left. I think that they will be stopped very soon (maybe 2x from now or even now) with bagholding whales dumping their bags.

I have the same thought.
This will not be a long term strategy. It might be pumping a lot of alts but for some reason, I am still doubting its power.
Let's just say its Déjà vu. Maybe old school crypto enthusiast will understand this.

Are they also the ones pumping Doge? I have seen a lot of people just sharing it and then also on Facebook which is like a paid advertisement that just pops out on your wall.

[Tytanowy Janusz]

Are they also the ones pumping Doge? I have seen a lot of people just sharing it and then also on Facebook which is like a paid advertisement that just pops out on your wall.

Yep. It was their "hello we are in crypto too" pump. I posted it in OP:

"3- WallStreetBets came to crypto and pumps Doge from 24 sat to 260 sat in 1.5 days."

XRP is bounced from yesterday high and stopped while TRX started with some interesting movement. +10% in 80 min.

Justin Sun changed his profile pic (now with WallStreetBets hear style). He is so desperate for their attention.

[heztida3]

Alt season can begin whenever however the referenced reasons can not be base on the alt season. The irregular siphons will quicken the entire market and the odd market practices will cause merchants to acknowledge the bizarre exchanges as it expected to be. It was the way begun during 2017 and the market conduct matters a ton if you catch my drift.

[tvplus006]

Everyone is waiting for the start of the season. But what is happening now on the market defies any logical explanation. Here DOGE jumped, no one can say for sure whether this is an attack or a loosening of the situation by Reddit users. Elon Musk raised the price of Bitcoin in half an hour. How can you predict something.

The beginning of the altcoin season can be considered open, when the price of altcoins will grow in a pair not only to the dollar, but also to a pair with bitcoin. Now we see such an increase in the price of some coins, but this is more due to the pumps, and not the natural growth of altcoins.

[Stalker22]

According to blockchaincenter.net we are still far from the Altcoin Season, but not too far.



Events from a few days ago pushed the Altcoin Season Index to over 50% compared to Bitcoin. This means that the Top 50 altcoins performed better than Bitcoin over the last season (90 days). Excluded from the Top 50 are stablecoins and asset backed tokens.

[Stalker22]

I do not understand the point of pumping the coins artificially and that too now when we are already in a bull market, secondly i was thinking that we got rid of pump and dump groups and market has matured a bit but now seeing this again proves me wrong.

Did you really need to quote the whole OP's post again for this comment?

Anyway, if you followed the news properly you would know that what happened with DOGE has nothing to do with pump and dump groups.

[adamvp]

According to blockchaincenter.net we are still far from the Altcoin Season, but not too far.



Events from a few days ago pushed the Altcoin Season Index to over 50% compared to Bitcoin. This means that the Top 50 altcoins performed better than Bitcoin over the last season (90 days). Excluded from the Top 50 are stablecoins and asset backed tokens.

Very interesting  chart! (And site, too)
One important thing which came to my mind: everyone is asking when altcoin seasson will start, but it is not  said if it will start at all,
What if bitcoin will crash  suddenly and money from market evaporate?

[bttmember]

What happened:

1- WallStreetBets (subreddit with 6.2 mln users) shill and short squeeze GameStop (NYSE stock) from 20$ to 400$ in 3 days (from 4$ to 400$! - from ATL few months before).
2- WallStreetBets short squeeze AMC (NYSE stock) from 1.9$ to 19$ in 3 days
3- WallStreetBets came to crypto and pumps Doge from 24 sat to 260 sat in 1.5 days.
4- WallStreetBets is being welcomed by CMC with best possible advertisement (listed at #0 place, before bitcoin) - to make sure everyone in crypto knows about new shiller king.



5- binance (owner of CMC) helps in shilling doge - 15 tweets from binance and 10 from CZ in last 30h.

What now? WallStreetBets will simply stop, right after becoming shilling king? No way. They have at least few billion $ to earn in next few weeks simply buying, shilling, pumping and dumping.

What will happened:

1- WallStreetBets will continue to pick coin and shill them
2- massive pumps will push investors to become "pump hunters" - searching for next thing that will be pumped
3- this will pump whole alt market
4- this will create new alt season
5- this will pump whole alt market even more.

What are your bets for next WallStreetBets pump? I guess it may be TRX. We all know that Justin Sun is a good friend of CZ and as I posted above ... CZ (whole binance and CMC) is doing a great job in helping WallStreetBets reach to every crypto investor (CMC advertisement, tweets about doge). TRX might not be next pump but its highly likely to be one of them.



BTW:

https://twitter.com/justinsuntron
He is shilling Wallstreetbets too.
https://twitter.com/justinsuntron/status/1355163433700745220
And looks like Wallstreetbets started to shill TRX too.

I do not think we have seen any effect on any coin other than dogecoin as of yet, but i do not think such things will be helpful we should encourage organic growth and pumps not just temporary fake pumps.

[lienfaye]

I do not think we have seen any effect on any coin other than dogecoin as of yet, but i do not think such things will be helpful we should encourage organic growth and pumps not just temporary fake pumps.

If we wait for a natural growth of coins it might take months or years but with the shilling of WSB it take only days before we can see a drastic growth just like what happened on doge.

Justin Suntron, WSB and Binance are responsible for the hype and it can change the price in few hours because they are influencers.

I wonder what could be next coin that will pump im the coming days.

[globalpain]

I do not think we have seen any effect on any coin other than dogecoin as of yet, but i do not think such things will be helpful we should encourage organic growth and pumps not just temporary fake pumps.

If we wait for a natural growth of coins it might take months or years but with the shilling of WSB it take only days before we can see a drastic growth just like what happened on doge.

Justin Suntron, WSB and Binance are responsible for the hype and it can change the price in few hours because they are influencers.

I wonder what could be next coin that will pump im the coming days.

I think BAT wil be next, $ 5 for BAT yes in my opinion it is still reasonable, with a supply of more than 1 billion I think the price of BAT could reach $ 5 when the altcoin season arrives, it's just that I still can't confirm whether BAT can achieve it or not, considering BAT is not a coin, but a token, yes even though it sounds like a token , but BAT has amazing fundamentals, try to collect them before it's too late.

[shinratensei_]

I do not think we have seen any effect on any coin other than dogecoin as of yet, but i do not think such things will be helpful we should encourage organic growth and pumps not just temporary fake pumps.

If we wait for a natural growth of coins it might take months or years but with the shilling of WSB it take only days before we can see a drastic growth just like what happened on doge.

Justin Suntron, WSB and Binance are responsible for the hype and it can change the price in few hours because they are influencers.

I wonder what could be next coin that will pump im the coming days.

WSB and its community keeps doing pump and dump

https://t.me/street_wall_bets

You don't even need to wait for the upcoming days to see that. WSB and its community is always doing the regular pump but this is a short term pump. This is how WSB was generating money for himself. If you didn't believe it and join telegroup and discord.

[heyhat]

I think for an altszn we need more money than what #wsb members have. And they only pumped Doge and BTC. Did they trigger the altszn? I do not think so.
Actually, most of wsb members are just here for their benefits and they may even harm the crypto space though I respect what they did for GME and other stocks.

[Kemarit]

So a shilling God (Justin Sun), trying to be shilled by joining WSB how ironic, LOL.

Never a fan of Justin though, but it seems it doesn't have the steam yet, maybe WSB is not on Justin's TRX although he said that he invested millions as well to GME and any WSB 'chosen' stocks. So lets see if TRX will be the next or WSB will make a pass and look for other crypto to pump.

[Tytanowy Janusz]

According to blockchaincenter.net we are still far from the Altcoin Season, but not too far.

This chart shows only how well alts performed in past. I'm talking about possible start of alt season based on massive increasement of new inexperienced traders that are manipulated by WSB. When doge was being pumped binance had ATH of new users/day. I'm trying to predict future based on what i see now, not based by fast performance that is not adequate to present narrative.

BTW. Ripple was total disaster. They if fact pumped +150% but they was asking their members to not buy before 01.02.2021 8:30 EST to buy exact at that day, all in, to do a flash crash. Whole buy volume was shorted by experienced players and everyone who listened is now -45% (after 4 hours). Wonder what is their plan for future. I hop to see doge like pomps (just buy) not ripple like pomps (buy at xxx time and be the one who is rected the most)

Hmm I see that WSB like to rect shorts. Take a look at that. Monero has 75:25 short/long on bitfinex and a is privacy coin that had hard times due to new regulations. It may be good pick for next pump.
https://www.martasdx.cz/crypto/margin/?bfx=tXMRBTC

[adamvp]

TRX was pumped indeed..but wait..

Just a joke :p
Today's XRP pump and dump little dissapointing, that means  full altseason has not started yet

[New_order]

People who hold altcoins that are pumping will surely say we are in altcoin season but what about people like myself that sees no different in my portfolio compared to months ago now? Well to me altcoin season is just gearing up, we aren't there yet

[Tytanowy Janusz]

TRX was pumped indeed..but wait..

Just a joke :p
Today's XRP pump and dump little dissapointing, that means  full altseason has not started yet

Heard about it too:) Investors are so funny nowadays. Symilar thing happend when Musk said that people should use signal communicator and Signal Advance Inc pumped more than 1000%. https://www.cnbc.com/2021/01/08/elon-musk-boosts-signal-app-signal-advance-stock-jumps-1100percent.html
signal communicator and Signal Advance Inc are not connected XD

[aryana42]

People who hold altcoins that are pumping will surely say we are in altcoin season but what about people like myself that sees no different in my portfolio compared to months ago now? Well to me altcoin season is just gearing up, we aren't there yet

Yes, everyone is free to judge all seasons on Altcoins, because not all Altcoins have increased well, because it is not for shitcoin or other junk tokens, the point is that every Altcoin that is already popular will experience a good pump this year, not shitcoin even though it is in your portfolio.

[adamvp]

BTW. Ripple was total disaster. They if fact pumped +150% but they was asking their members to not buy before 01.02.2021 8:30 EST to buy exact at that day, all in, to do a flash crash. Whole buy volume was shorted by experienced players and everyone who listened is now -45% (after 4 hours). Wonder what is their plan for future. I hop to see doge like pomps (just buy) not ripple like pomps (buy at xxx time and be the one who is rected the most)

You're right. And how after that you can trust the ripple. I constantly said later that this is 100% manipulation, because the growth of the ripple rate cannot coincide with the problems with the SEC due to the lawsuit. The Ripple company is practically robbing its investors, which very active in supporting the company no matter what.

There is an option Ripple will win in court, so they will be totally legal, and will have very strong position on crypto-space!
We cannot exclude this, and technically Ripple doesn't look bad;
for example: https://www.tradingview.com/chart/XRPUSD/dibj1hHS-XRPUSD-Aggressive-Buying-When-and-How/

I am not a Ripple enthusiast (it's not cryptocurrency IMHO, BTW)  but chart is chart, and how it looks you see above.



And overally about pumps and dump, very accurate image:

[Tytanowy Janusz]

there is an option Ripple will win in court, so they will be totally legal, and will have very strong postion on crypto-space!

Bitcoin is legal, etherum is legal, cardano is legal, BNB is legal ... almost everything in top 100CMC is legal (if not top 1000 CMC), just not regulated ... only ripple is illegal now. When ripple will win in court it will only put ripple where it was few months ago. It will not make it stronger than it was before lawsuit.

We cannot exclude this, and technically Ripple doesn't look bad;

Looks bad:



And this structure stop is made by shorters (yes ... those bad shorters that was ment to be punished by WSB) closing their position on 50% profit.

shorts of bitfinex

And overally about pumps and dump, very accurate image:

Yep. very nice. 2 bilionaires? MUSK and who?
BTW GME dumped from 500$ to 90$.... where to check who shorted? The same famous found that was rected by reddit now double rected reddit? XD