No year of altcoins coming. All the big money is pouring into bitcoin.

[conected]

I don't blame people for investing in Bitcoin only, not with the altcoins because whether we like it or not, Bitcoin will be the first choice to anyone who came in crypto and they think that they were never disappointed in the end. And absolutely they are not wrong with that beliefs.
Throwback to the 2017 event in which a lot of people are investing in ICO projects but unfortunately, they mostly suffered big losses as the dumps come quickly after Bullrun. And from that, they think that this will happen again and again, and that gives them a reason to stay away from altcoins but just to focus on Bitcoin alone.

- Well, trying to live with altcoins in the past, account drops by more than half are at least and most of the victims realized that the final destination of this market was still bitcoin, the altcoin only factors the crypto scene to become more harmonious around bitcoin, according to the statistics over the years there is really no outstanding year for altcoins. Psychology of not wanting loss leads to this result, instead of expressing dissatisfaction and frustration on this matter, we should still be happy when altcoin sublimation is relatively random, there is no need to be all at once, some emphasis is sufficient

[tabas]

I'm a bitcoin investor but as long as the bitcoin dominance won't go as high as 80%-100%. There's still money that goes to the altcoins market. The current bitcoin dominance is around 58.6% and the highest that I've seen was around 72% CMIIW.
Even the institutions are also betting in for some altcoins, only good altcoins.

[South Park]

I'm a bitcoin investor but as long as the bitcoin dominance won't go as high as 80%-100%. There's still money that goes to the altcoins market. The current bitcoin dominance is around 58.6% and the highest that I've seen was around 72% CMIIW.
Even the institutions are also betting in for some altcoins, only good altcoins.

There is a lot of money riding on altcoins but a great deal of the market cap that we see is fake, after all if a coin sells for 10 dollars and there is 10 million of those coins suddenly it seems as if the coin has 100 millions on market cap but when you take a look at the volume you see only a few hundreds of dollars are being exchanged each day and this is a clear indication the market cap is a bad metric to measure how much money is invested in altcoins at any given time.

BTW I got your fNFT tabas-II.

[tabas]

I'm a bitcoin investor but as long as the bitcoin dominance won't go as high as 80%-100%. There's still money that goes to the altcoins market. The current bitcoin dominance is around 58.6% and the highest that I've seen was around 72% CMIIW.
Even the institutions are also betting in for some altcoins, only good altcoins.

There is a lot of money riding on altcoins but a great deal of the market cap that we see is fake, after all if a coin sells for 10 dollars and there is 10 million of those coins suddenly it seems as if the coin has 100 millions on market cap but when you take a look at the volume you see only a few hundreds of dollars are being exchanged each day and this is a clear indication the market cap is a bad metric to measure how much money is invested in altcoins at any given time.

BTW I got your fNFT tabas-II.

Oh, that's great! haha.
Going back, big money that goes in and big money that comes out. That's why if you're going to hear a story of someone that have invested a lot of money and got rekt, he's into altcoins.
Those pump and dump got them badly.

[Handsome Boy]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

I think you are wrong, because in my opinion this is the year of cryptocurrency, so not only the price of Bitcoin increase very high, but the price of altcoin has also increase very high, because many altcoin have reached the new ATH price, so I think the price of altcoin is also moving like Bitcoin (increase very high) and I hope that the current market conditions will occur for a long time, so that we can get a lot of profit from investing in cryptocurrency.

[Argoo]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

I dont think that it is true cause upon observing the pattern of every bull runs, it is always true that after the bitcoin domination, altcoin season will follows.

During the period of bitcoin price growth since December last year, most altcoins have also appreciated well in price. Therefore, there is a prospect for the development of altcoins. Bitcoin will not continue to rise in value. After a while, all the same, its growth will stop, and then it is most likely that capital will begin to flow from bitcoins to altcoins. Therefore, I think that we will still see the altcoin season.

[dhemasm]

I think you are wrong, because in my opinion this is the year of cryptocurrency, so not only the price of Bitcoin increase very high, but the price of altcoin has also increase very high, because many altcoin have reached the new ATH price, so I think the price of altcoin is also moving like Bitcoin (increase very high) and I hope that the current market conditions will occur for a long time, so that we can get a lot of profit from investing in cryptocurrency.

He/she not entirely wrong i suppose, When Bitcoin bulls happen some altcoin will remain stagnant or dumped since some traders, investor, whales, etc while pouring their money to Bitcoin but on current market Trend it's pioneered by DeFi which coming from Ethereum Network and from my opinion Bull Run Splitted between Bitcoin and Altcoin Especially with Smart Contract Like Ethereum, BSC, TRX, MATIC, etc. That alts reaching it's new ATH Which is a good sign for crypto market.

[sadewa69]

I think you are wrong, because in my opinion this is the year of cryptocurrency, so not only the price of Bitcoin increase very high, but the price of altcoin has also increase very high, because many altcoin have reached the new ATH price, so I think the price of altcoin is also moving like Bitcoin (increase very high) and I hope that the current market conditions will occur for a long time, so that we can get a lot of profit from investing in cryptocurrency.

He/she not entirely wrong i suppose, When Bitcoin bulls happen some altcoin will remain stagnant or dumped since some traders, investor, whales, etc while pouring their money to Bitcoin but on current market Trend it's pioneered by DeFi which coming from Ethereum Network and from my opinion Bull Run Splitted between Bitcoin and Altcoin Especially with Smart Contract Like Ethereum, BSC, TRX, MATIC, etc. That alts reaching it's new ATH Which is a good sign for crypto market.

that event occurred when many people would follow the hype or rally carried out by bitcoin. Altcoin momentum will be created when bitcoin's dominance in the market begins to stabilize and the price will not experience rapid changes. moments like that altcoin momentum can get a pump.
we have seen a lot of bitcoin pump events on the market. and it happened that some brought altcoins in the pump and some left them at the bottom. this is tied to the dominance of trading in the market.

[TastyChillySauce00]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

I dont think that it is true cause upon observing the pattern of every bull runs, it is always true that after the bitcoin domination, altcoin season will follows.

I always wonder what parameter to determine whether the current time is the year of altcoin or the altcoin season because I honestly think the meaning is truly relative to everyone, as you know the altcoins are already following bitcoin bullrun ever since and have gone up thousand if not hunder percent from its price in the previous year and many people still saying that the alt season hasn't come yet.
If what people means by altcoin is where there's no single altcoin that are dumping then that's a little bit too dreamy.

[mamesso]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

I don't completely agree with what you said, the claims you make are as if you say altcoins don't have a bright future. Indeed there are thousands of altcoins circulating in the market, but we can't say all altcoins are trash. Take a look at how the skyrocketing prices of ETHEREUM, BNB, POLKADOT, LTC and some other DEFI coin.
You need to underline, when the BITCOIN price jumps up, Altcoins will also follow the flow of bitcoin movements. There is nothing wrong with investors putting all their money in bitcoin, but most investors have profit lot from Altcoins.

[mulia sabee]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

you can see carefully and more clearly the market, it looks like you have to control the market now.
Don't you notice that a lot of altcoins like to have a big influence in the crypto world, they are worth and have a better price now.

[South Park]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

I think you are wrong, because in my opinion this is the year of cryptocurrency, so not only the price of Bitcoin increase very high, but the price of altcoin has also increase very high, because many altcoin have reached the new ATH price, so I think the price of altcoin is also moving like Bitcoin (increase very high) and I hope that the current market conditions will occur for a long time, so that we can get a lot of profit from investing in cryptocurrency.

But there is a very big difference between the kind of growth that we are seeing in altcoins and in bitcoin, the growth that we are seeing in the bitcoin market not only is very impressive but it is supported by huge corporations and rich individuals that are finally acknowledging that bitcoin is an asset that is going to be incredibly valuable in the future, but in the case of altcoins what we are seeing is nothing but hype and that hype cannot be sustained for the long term which means that sooner or later the altcoin market will crash.

[Sanitough]

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

you can see carefully and more clearly the market, it looks like you have to control the market now.
Don't you notice that a lot of altcoins like to have a big influence in the crypto world, they are worth and have a better price now.

This thread was posted last February, maybe altcoins has not pumped hard that time, but look at the top 10 altcoisn now, they are pumping and some of them have already made their new ATH and keep surpassing it. We ca also notice that BNB is close to $500 now and most likely $1000 is going to be easy as the bull run continues, so if there's no altcoin season, what we are witnessing now will not happen.

[molsewid]

that event occurred when many people would follow the hype or rally carried out by bitcoin. Altcoin momentum will be created when bitcoin's dominance in the market begins to stabilize and the price will not experience rapid changes. moments like that altcoin momentum can get a pump.
we have seen a lot of bitcoin pump events on the market. and it happened that some brought altcoins in the pump and some left them at the bottom. this is tied to the dominance of trading in the market.

Based on my observation bitcoins dominance made a huge gap to altcoin when this pandemic happens but if we were looking back to the time where cryptocurrency was still new bitcoin already leads the cryptomarket. But the good thing about the huge investors appreciation to bitcoin was altcoins also been appreciated but the impact of appreciation of altcoin was not like as what on the bitcoin. We haven't experience yet the year of altcoins but this year I guess was a good year for cryptocurrencies.

[GrosWesh]

We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

Haha op was damn wrong when writing this in February. We must stop believing institutions are only interested in BTC. Moreover, even if it is undeniable that their impact on the market is powerful, they are not the only players.

Regarding altcoins, many are supported from their launch (or even their presale) by many (and powerful) investment funds.

Bitcoin is the king but the kingdom is vast! 

[daenarys_stormborn]

I don't really agree with your opinion, it looks very clear if bitcoin is experiencing a tremendous bullrun, but altcoins are not inferior to bitcoin, for example BNB, ETH, DOT, and many other altcoins that have increased up to 10x.

[Finestream]

I don't really agree with your opinion, it looks very clear if bitcoin is experiencing a tremendous bullrun, but altcoins are not inferior to bitcoin, for example BNB, ETH, DOT, and many other altcoins that have increased up to 10x.

Obviously the market already tells us that the altcoins season is already here, BTC dominance rate is already down to 54%, we have seen it down that low before, it's because major altcoisn are growing specially BNB, so I conclude that we are in the altcoins season already.

[Dannaey]

I'm not buying this point at all, all big money are pouring into altcoins and yet BNB turned 300$, all whales favour bitcoin accepted but polkadot grows over 1100% gains already, are you seeing avalanche? Neo? Compound? Bro the list goes on and on, a 1000% gain is a altcoins season for me

I agree a 1,000% gains in most altcoins is definitely an altcoin season. As you may notice, Bitcoin’s price range play between USD58k to USD60k. With my observation, when Bitcoin stopped increasing significantly, that’s the time that other coins will start to increase massively.

[MUG1WARA]

At the start of the bull run it seemed like bitcoin was going to get all the attention, but I guess we were all wrong, currently bitcoin is moving slowly while several altcoins having been causing some buzz in the market, bnb, trx, xrp and the rest, it feels like altcoin season have started already and I would also like to mention that bitcoin has dropped significantly, so the bull run is no longer about bitcoin anymore.

[Yamifoud]

At the start of the bull run it seemed like bitcoin was going to get all the attention, but I guess we were all wrong, currently bitcoin is moving slowly while several altcoins having been causing some buzz in the market, bnb, trx, xrp and the rest, it feels like altcoin season have started already and I would also like to mention that bitcoin has dropped significantly, so the bull run is no longer about bitcoin anymore.

That is very noticing at first, the majority were pouring their money into Bitcoin but as it reaches the new ATH, they are looking for some gain potentials into altcoins. And apparently, they are not wrong with their decision, maybe some regrets neglecting to see it. But for those who start to accumulate them before the surge, they are much profitable now compared to Bitcoin.