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Topic: Altcoin season question - page 7. (Read 1111 times)

copper member
Activity: 994
Merit: 4
March 07, 2020, 08:23:01 AM
#79
I thought same way mate,that the price movement of altcoin is solely dependent on bitcoin,but recently I came to understand that if a good altcoin has  fundamental analysis especially a positive one,that alone could make the price of altcoin surge on it's own irrespective of the BTC trend.
hero member
Activity: 1876
Merit: 721
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March 07, 2020, 06:18:56 AM
#78
After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
 Share your thoughts, I would love to hear you out

It is possible. I have seen many coins that have pumped even Bitcoin price dumping that time. This is because the coin was fundamentally strong. Some interested news was waiting to come. That's why those coins were pumped. I've talked about some coins here. But if you talk about majority coins then it is not possible. Not all coins are fundamentally same.
jr. member
Activity: 980
Merit: 1
March 07, 2020, 06:01:58 AM
#77
Not. Altcoins will only grow en masse after bitcoin. Because, if bitcoin is growing, it means more investment in cryptocurrency. And if there is more investment, then more people trust in new technologies and learn more about them. And only after people want to learn more about cryptocurrency than acquaintance with bitcoin, they begin to study altcoins. Understand that they are cool and invest. Without Bitcoin, it’s hard to imagine new people getting to know altcoin right away.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
March 07, 2020, 05:58:27 AM
#76
In reality it's not possible. What will happen is that Altcoins might have a higher dominance than Bitcoin but that doesn't mean Bitcoin price won't surge the two markets must rally together not Altcoins without Bitcoin.
That's right, the market will look more stable if altcoin and bitcoin can unite in terms of support, so that when bitcoin experiences a surge in prices in the market, then altcoin is also always jumping too, as it had happened earlier this year.
The only thing will unite is when there is a bull run for bitcoin, without that, don't expect much.
People are playing between altcoins and bitcoin but most of the time, bitcoin wins the battle because the market has change a lot.

In the past, when bitcoin dump, people are putting their money on altcoins so altcoins pump, now its' different, we already have a stable coin so altcoins is not the 2nd best option when bitcoin dump.
sr. member
Activity: 1484
Merit: 276
March 07, 2020, 05:38:07 AM
#75
There are some altcoins who surge in price without bitcoin doing one step that affected them. But most likely altcoin season always comes right after bitcoin goes on a run and pump itself. Just pay attention to big altcoins and some good small ones, there are numbers of altcoins who continue to go pump without bitcoins news.
full member
Activity: 983
Merit: 100
March 07, 2020, 02:25:42 AM
#74
In reality it's not possible. What will happen is that Altcoins might have a higher dominance than Bitcoin but that doesn't mean Bitcoin price won't surge the two markets must rally together not Altcoins without Bitcoin.
That's right, the market will look more stable if altcoin and bitcoin can unite in terms of support, so that when bitcoin experiences a surge in prices in the market, then altcoin is also always jumping too, as it had happened earlier this year.
hero member
Activity: 3010
Merit: 629
March 07, 2020, 01:26:05 AM
#73
It happened before, altcoins managed to climb up without the influence of bitcoin and it lasted for few months its early 2018 if I remember it correctly.

Now I think altcoins season might happen again but this is because of bitcoin. There's a bitcoin halving this year that can make the price of crypto as a whole to increase. Alts need btc to be able to increase thus btc price is an indication how the value of alts will perform in the market.
full member
Activity: 686
Merit: 100
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March 07, 2020, 12:57:30 AM
#72
Bitcoin is not trend anymore, already have many powerful competitor and people should avoid mindset must using bitcoin, not helping. People can use altcoin to get profit without worry about bitcoin movement, someday private coin method will more popular than bitcoin it self. The problem is about monopoly, if altcoin can standing without bitcoin, people who have big fund can do monopoly, are you ready about that?.
hero member
Activity: 2814
Merit: 576
March 06, 2020, 05:01:09 PM
#71
Altcoin season begins only when the BTC market is strong enough and moving slowly and steadily. In this case money is able to flow from fiat-btc pairs to btc-altcoin ones.
Yes. Altcoins are more influenced with what bitcoin is going through. When there is a bullish season for bitcoin, altcoins are greatly affected with it which will make those potential altcoins start to surge. Even if we will trace history about bitcoin and altcoins, it is always seen that bitcoin takes the lead in the market first which is followed too by those potential altcoins. I think this will always be the scenario as long as bitcoin is here.
legendary
Activity: 1722
Merit: 1014
March 06, 2020, 03:29:22 PM
#70
Altcoin season begins only when the BTC market is strong enough and moving slowly and steadily. In this case money is able to flow from fiat-btc pairs to btc-altcoin ones.
hero member
Activity: 1050
Merit: 501
corion.io
March 06, 2020, 02:52:17 PM
#69
I expect a big increase in Altcoin capitalization. I think that this year we will see a total capitalization of Altcoins of more than 300 billion dollars.
newbie
Activity: 112
Merit: 0
March 06, 2020, 01:44:19 PM
#68
Sounds rational, you seem to be on the market for pretty a long time. And as for today, are there many platforms/solutions that meet your requirements? Would be definitely interested to know your favorites

The most advanced one I am aware of now is Carnomaly, have you heard of it? Carnomaly will become the first company ever to offer a worldwide rebate for an automotive purchase. Both new and used vehicles will apply, as long as they are purchased from a verified legal dealer anywhere in the world. Upon completion of our consumer platform, Carnomaly will begin buying back tokens to replenish the rebates for years to come. Of course, there is much more info available on their website, so I definitely recommend you to have a closer look
newbie
Activity: 154
Merit: 0
March 06, 2020, 01:43:03 PM
#67
This is an interesting question to discuss. I elaborate a bit more on my own approach and strategy here. I always start with just an idea, evaluating how it may be spread wider, how applicable it is and else. Then a very important component is the value I can get. Or some benefits. Then paying attention to the team, the roadmap and innovations

Sounds rational, you seem to be on the market for pretty a long time. And as for today, are there many platforms/solutions that meet your requirements? Would be definitely interested to know your favorites
newbie
Activity: 112
Merit: 0
March 06, 2020, 01:41:29 PM
#66
Hello. These 2 industries you've mentioned are a bit different, however, as far as I understand, you are trying to get into the industries, where you are experienced and where you basically understand the growth. And you told that you are interested in modern solutions, how are you choosing the solutions on the market?

This is an interesting question to discuss. I elaborate a bit more on my own approach and strategy here. I always start with just an idea, evaluating how it may be spread wider, how applicable it is and else. Then a very important component is the value I can get. Or some benefits. Then paying attention to the team, the roadmap and innovations
newbie
Activity: 154
Merit: 0
March 06, 2020, 01:40:25 PM
#65
Hello. These 2 industries you've mentioned are a bit different, however, as far as I understand, you are trying to get into the industries, where you are experienced and where you basically understand the growth. And you told that you are interested in modern solutions, how are you choosing the solutions on the market?
member
Activity: 798
Merit: 14
March 06, 2020, 09:53:01 AM
#64
In reality it's not possible. What will happen is that Altcoins might have a higher dominance than Bitcoin but that doesn't mean Bitcoin price won't surge the two markets must rally together not Altcoins without Bitcoin.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
March 06, 2020, 09:52:00 AM
#63
The whales can easily control the market so whales are capable to make altcoins start bullrun on their own without the help of Bitcoin, manipulations at it best can drive altcoins to the moon
Absolutely agree, if whales want any altcoin to go to the moon, it will surely be pumped up strongly and other investors will follow Fomo. We should keep in mind that altcoin pump is a lot easier than Bitcoin pump, and it also helps whales to make more profit.
member
Activity: 854
Merit: 10
March 06, 2020, 09:46:01 AM
#62
All altcoins have their different projects and basis, so not every one of them can be expected to grow simultaneously without the resurgence of bull. However, it is possible for so many altcoins to grow together, irrespective of the growth of Bitcoin. Just today, WEthereum, BCH, BSV, Chainlink and some other altcoins had reasonable upsurge today and their percentage growth rate were much more than that of Bitcoin. Although, there might be a reversal or correction soon.
full member
Activity: 812
Merit: 114
March 06, 2020, 08:29:36 AM
#61
If the price of Bitcoin is more than 15,000 dollars this year. That season Altkoinav necessarily also begin. It is psychologically difficult to buy one coin for such a lot of money.

That's true! Bitcoin investment is not profitable enough for limited investors! So, if Bitcoin price hit 15K USD or more then new investors will buy altcoins fo join in the uptrend journey! So, with that, altcoin session may come and all the potential altcoin price will grow to the high! Though we always expect positive vibe in crypto, but everyone should get ready for a bad time too!
sr. member
Activity: 1652
Merit: 262
March 06, 2020, 07:54:53 AM
#60
I also think the same as you lately, especially when suddenly the bitcoin sv and bitcoin cash which is the result of the rights of bitcoin actually experience a large pump. then altcoin flows almost everything green, including the biggest altcoin, etherum. maybe from the first there was no bond between altcoin and bitcoin, but indeed the moment is always the same. but when the situation may be different, altitude may pump itself without waiting for bitcoin, and that is proven when bitcoin goes down, but etherum is still able to maintain its price and several other altcoins.
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