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Author Topic: Where's the altcoin bull  (Read 577 times)
Little Mouse (OP)
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March 12, 2021, 03:30:18 PM
Merited by amishmanish (1)
 #1

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?

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March 12, 2021, 03:37:32 PM
 #2

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH.
Older projects also increased in price very well, but truly new ones increased more. But altcoins that are millions of dollars before in marketcap are now billions of dollars, including the old ones.

Can we call the current situation bullrun for altcoin?
There was a time bitcoin did not increase after the initial increase but altcoins were increasing at the time so significantly, such time is called altcoin season. Later bitcoin also increase as the altcoins were increasing, if you study the market very well, you will notice and it was obvious.

So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
Answered, but in addition, know that no coin is stagnant.

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March 12, 2021, 03:47:50 PM
 #3

I don't think all old projects will run by their ATH as they previously did last 2017. Many of the top performing coins from previous years are not performing as well right now, and many of the new coins took the spotlight. If there's no development on the coin then its just pure speculation. Back in 2017 was also a time when ICOs were booming but only about 5-10% have actually succeeded. Even if were in a bull run, not all the alts will pump as it did. However, after a BTC pump its then time for the altcoins to shine.
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March 12, 2021, 03:49:55 PM
 #4

What do you mean by the increasing dominance of altcoins over bitcoin?
if so, I doubt it will. the altcoin season seems to have only happened because of the pump of bitcoin which brought some altcoins up too.
I think the altcoin season this year is different from the situation that happened in the 2017 altcoin market. Altcoins that have grown to follow the current bitcoin are those who have gained the trust of the market. when the altcoins have no product development it will be difficult for them to reach the ATH.
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March 12, 2021, 03:56:05 PM
 #5

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?

 What did you think, that Peercoin* (PPC) was also going to make a new ATH just because BTC did? (*PPC is just an example, insert your favorite dead shitcoin there) They cannot make a new ATH at the same time, that's impossible. Some projects will eventually die. That's inevitable. And after this bull run, you will never hear about some of the best alts of this bull run in the next bull run.

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March 12, 2021, 04:00:22 PM
 #6

What did you think, that Peercoin* (PPC) was also going to make a new ATH just because BTC did? (*PPC is just an example, insert your favorite dead shitcoin there) They cannot make a new ATH at the same time, that's impossible. Some projects will eventually die. That's inevitable. And after this bull run, you will never hear about some of the best alts of this bull run in the next bull run.
It's not about dead shitcoin. Look at the top 100 coins in coinmarketcap (if any projects other than BTC is shitcoin, then they are too). From the top 100 coins, without calculation, I'm sure 50% of the old project didn’t make the ATH including LTC, NEO, TEZOS, XLM etc.

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March 12, 2021, 04:07:52 PM
 #7

It's really hard to know whether to wait for another altcoin to reach its ATH. because everything is focused on bitcoin, so sometimes there is some kind of diversion and that's where we often don't have an ideal position to enter at a cheap price. Altcoin don't have a signal that gives a green signal, when bitcoin is at its peak, we forget about altcoin.
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March 12, 2021, 04:21:50 PM
 #8

Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
i think that you can't use the old coins as good reason to determine whether the altcoin season already come or not.

Remember about any altcoins have different result on its development progress and these days people wanna go in the project that has a good development progress.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
it's quite impossible for altcoin to outperform bitcoin while bitcoin gets more support from the institutional investors. it will not happen again
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March 12, 2021, 04:41:02 PM
 #9

What did you think, that Peercoin* (PPC) was also going to make a new ATH just because BTC did? (*PPC is just an example, insert your favorite dead shitcoin there) They cannot make a new ATH at the same time, that's impossible. Some projects will eventually die. That's inevitable. And after this bull run, you will never hear about some of the best alts of this bull run in the next bull run.
It's not about dead shitcoin. Look at the top 100 coins in coinmarketcap (if any projects other than BTC is shitcoin, then they are too). From the top 100 coins, without calculation, I'm sure 50% of the old project didn’t make the ATH including LTC, NEO, TEZOS, XLM etc.

You do have a point. Monero didn't make a new ATH just like LTC and these are my favorite alts and I don't consider them shitcoins. But on the other hand, I might be wrong too. Just because I see them legit projects it doesn't mean they really are. I like LTC just because of its branding. (btc gold, ltc silver thing) What other feature LTC has other than being a little bit faster? Nothing. XMR is kind of cool but the markets don't see it that way I guess.

You are right, some good alts are far from being dead but they didn't reach their ATH neither. That's weird indeed.

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March 12, 2021, 05:28:17 PM
 #10


So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?

Question : Has there been a time that altcoins performed bitcoin? I have not noticed that because bitcoin always have a bull before any other including etheruem. And during less volatility, then altcoins take turn. In 2017 the bull was all about bitcoin and currently now, example with bnb which has performed very well during last two weeks but bitcoin is still more higher in performance.

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March 12, 2021, 07:10:36 PM
 #11

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
You are just being impatient and that is understandable, most of altcoin holders including me are just waiting on the sidelines and seeing the market my personal assumption is that alt season will happen in the months of august to october and before that it will be all btc, eth and some other top coin show.
Will it? Because back in 2017 there were a lot of new people hitting the crypto space. A lot of retailers and my grandma - It was the first time my family talked about crypto during christmas 2017. They were all trying to find the next Bitcoin, Ethereum or even IOTA. I don't really see them going back into crypto this year. Especially with a pandemic going on. Besides, investors are a lot smarter nowadays, so I really doubt there will be an alt season in august or october. I hope I'm wrong though!
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March 12, 2021, 10:03:22 PM
 #12

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
Some altcoins are already outperformed bitcoin over the past months, but we can’t expect that to happen to all altcoins since not all are good enough to do that and only few can make it.

Right now, we’re on a big market correction and I think its about time to face the incoming bear and do the necessary things during this kind of trend. Stop looking for altcoin bull, start looking for opportunities and start buying.
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March 12, 2021, 10:07:00 PM
 #13

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?

the bull on altcoins already come, and i believe not all altcoins will grow up and create new ATH
because this bull run is not same with the past mate,
wich mean only a good and solid altcoins project will grow and reach its ATH and shitcoins will dead

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March 12, 2021, 10:51:44 PM
 #14

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?

It's quite disappointing I focused on the altcoin in the bear market, hoping back then I will have a good profit when the bull run sets in, but unfortunately all my hope did not materialize, some of them are even going down, I'm still hoping I believe we still a whole year of bull run, and many of the altcoins I'm holding will reach another all-time high of their own.

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March 12, 2021, 11:37:43 PM
 #15

As you can see , there are tons of projects that are valuated very highly. Unfortunately not all altcoins are made the same, not all altcoins are booming and most likely will not boom. But there is a chance that money will trcikle down in to smaller coins when bitcoin will stabilase or go down.

That's point. These days the pump will be based on the performance that showed by altcoin. Only legit coins that is boming right now and people will not try to make the same mistake again by pumping all of shitcoins at the same time.
Even whales are also choosing which shitcoin that reliable to be pumped. BTW these days people are so crazy to take the legit coins as their investment in the crypto currency.
The altseason is real and it's not only a dream

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March 12, 2021, 11:53:44 PM
Last edit: March 13, 2021, 12:06:45 AM by goaldigger
 #16

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
I will suggest to invest in new listed altcoins which one listed in a few months or will be listed in a few months. I can't find a altcoins to invest between 200 altcoins, but you think only a few altcoins tasted this bull run pump. Almost every single altcoins is in on the making market.
New good projects mostly pump from 10% - 100% pump so that can be a good option for investment and if you’re lucky enough to see more good projects, you’r better grab that opportunity because that’s very rare to happen.

Altcoin bull happened already, and right now we are testing the trend if we’re going to sustain this kind of up trend or we’re going down now, the time can tell but you can start preparing for now.

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March 13, 2021, 02:26:20 AM
 #17

Bull run for altcoins are already happening as most coins already made more than 10 times gains. Some old altcoins didn't move much because they don't offer something significant. There are new coins in the market and hype is around them logically. If a coin have no use case then there is no reason for it to be pumped 10 times, especially when it has too many bagholders.

R


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March 13, 2021, 02:41:15 AM
 #18



only a few of them are rising the rest are still buried. this is because most of the investors back in 2017 had already learned which one is worth investing in. most are just buying BTC and ETH and a few wannabe ETH. some altcoins are testing the patience of their investors just when they bought ADA, it also dips while the ones they sold for ADA rise again. in the long run we will still be seeing the prices go up because BTC is going up but not really an altcoin bull run so to say because its just the satoshi value that appreciates.









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March 13, 2021, 02:48:09 AM
 #19

Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin?  I think no. Most of the times, it’s the affect of bitcoin rise.
So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
I don't think it has started yet, as for the altcoin or the market we cannot expect growth like in the past, since the market participants have a lot of knowledge about this market, so only the new projects are highly appreciated.

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March 13, 2021, 03:18:02 AM
 #20

It's possible that no such thing will happen again.
All eyes are on the popular coins right now and if ever there is one that will bloom out of the bush the percentage is too low.
That era that we are expecting is long forgotten.
I don't think we will ever see that again if we also consider the fact that many stable coins are being created and that where all the funds go whenever they want to make a profit instead of putting it with altcoins. That's the life of altcoins before that had been taken away.
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