Altcoins to go crazy again once Bitcoin reaches 20k? - page 12.

alan2here

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Quote from: cryptoangel on October 30, 2019, 08:52:45 AM

Quote from: fourpiece on October 30, 2019, 08:19:53 AM

Thats what ive been waiting for, if btc will go $20k again altcoin season will be alive again , and everybody who are hodling thier altcoins for a long long time will be happy. And also its the best time.to buy your favorite altcoins as long as they are cheap.

Bitcoin is ruling the crypto market so BTC will going to 20k USD automatically other altcoins are raise gradually in crypto market. The reasonable prediction is 15k USD on end of the year, because BTC is a volatile cryptocurrency so anytime it will going peak or backward. We always accepting the any situation and we will earn good profit on every bull run.

This prediction is very logical because the current market is easy to manipulate and Bitcoin can increase or decrease at any time if they like. In my opinion, $15,000 is possible in the near future but certainly before reaching this price, the market will go through many different stages so I believe this time will be very difficult. Currently, you can choose to invest in leading altcoins like ETH, BCH, EOS, XLM because these are coins that usually increase in price if Bitcoin has a good recovery.

May be risky for everyone but I believe that things will soon stabilize because the crypto market is a very promising place for you to invest so there is no need to worry too much.

nakata121

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Quote from: Nivia1st on October 30, 2019, 11:53:30 PM

Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

yes maybe, but when did it happen. bitcoin prices are currently only 9k and need 2x to 3x surges to get to 20k prices. this is very difficult, halving may not be able to pump up to that size. so the altcoin season might be difficult to start. but I still hope it can start as soon as possible

This influence will continue to occur because btc is the parent of altcoin, so when bitcoin prices are stagnant, the altcoin market will rise rapidly and this is caused by traders / investors who tend to make altcoin as a source for profit, we cannot predict how the market going forward, because everything can happen suddenly.

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Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

yes maybe, but when did it happen. bitcoin prices are currently only 9k and need 2x to 3x surges to get to 20k prices. this is very difficult, halving may not be able to pump up to that size. so the altcoin season might be difficult to start. but I still hope it can start as soon as possible

patz22

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It can be. But that was 2 years ago when it happened but since 2018 the movement is really different wherein when BTC is moving up alts are not moving but when BTC is gping down everything will follow.

adzino

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Who knows? Maybe they won't go "crazy" or they actually might go crazy. We have seen altcoins bleeding when bitcoin starts to rise in price. But then it eventually starts to rise back and follows the trend of bitcoin to a certain level. One think I don't understand, why do people keep on talking about altcoin "season". What the hell is this "season" about anyways?

tenakha

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Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

At least the increase in BTC's price will cause an increase in their price. For example, reaching $20k will increase ETH's price more than 2x due to its price against the BTC. On the other hand, as long as the increase is continuous, this already cause the influx of investors, and this is in increasing interest in altcoins. I would not know it would be 100%, but when we think about it, there is a big possibility.

BitHodler

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Quote from: Sadlife on October 30, 2019, 08:52:09 AM

i have remember last December 2017 when bitcoin rallied very speed and also the alts grow together though ethereum dont go that high but made the pump in January 2018.

Most altcoins reached their all time highs in January/February of 2018, mainly because of how a lot of speculative capital that was withdrawn from Bitcoin was pumped into altcoins to book additional profits.

These capital shifts have been happening for years so they aren't really special, which I'm sure will happen again eventually, but not as extreme as we have seen it take place back in 2017/2018 due to the retail fomo that was going on.

Overall, I never liked trading altcoins versus Bitcoin because it subjects you to so many unnecessary variables that it just isn't worth the risk for me, which is why I prefer to focus on altcoins versus fiat.... less risk and less hassle.

Inkdatar

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Quote from: Onuohakk on October 30, 2019, 06:44:17 AM

Apparently nobody can ascertain to that. As of now am only investing in legit altcoin, trading it when there's profit.
Really don't have such patience to wait for the bullrun season to happen. $20k bitcoin is possible, probably next year but we shouldn't be expecting that all altcoin will skyrocket because of that

We may have assumption for altcoin to increase again once btc reaches $20k. Once demands increase for an altcoin there’s a possibility it may happen. Agree, this time is also okay to invest in some altcoin only those profitable altcoin in the market. Moving forward in this market condition I still have a hope to see altcoin will increase it’s price since I’m one of those who hold some coins in my wallet.

cryptoangel

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Quote from: fourpiece on October 30, 2019, 08:19:53 AM

Thats what ive been waiting for, if btc will go $20k again altcoin season will be alive again , and everybody who are hodling thier altcoins for a long long time will be happy. And also its the best time.to buy your favorite altcoins as long as they are cheap.

Bitcoin is ruling the crypto market so BTC will going to 20k USD automatically other altcoins are raise gradually in crypto market. The reasonable prediction is 15k USD on end of the year, because BTC is a volatile cryptocurrency so anytime it will going peak or backward. We always accepting the any situation and we will earn good profit on every bull run.

Sadlife

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Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

we have seen this wayback 2 years ago so i don't see any reason why we need to doubt that altcoins will grow if bitcoin show that force of reaching more than $20,000 again
i have remember last December 2017 when bitcoin rallied very speed and also the alts grow together though ethereum dont go that high but made the pump in January 2018.
so the thing is many altcoins can be great but there will always be a right timing for each of them and when this can be?thats the question need to answer

fourpiece

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Thats what ive been waiting for, if btc will go $20k again altcoin season will be alive again , and everybody who are hodling thier altcoins for a long long time will be happy. And also its the best time.to buy your favorite altcoins as long as they are cheap.

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Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

It's possible it will, but I don't think it will apply to all the altcoins, in 2017 even dead and shitcoins gets a big pump, there are many developers and old altcoins investors who made a huge profit, because there were an avalanche of new investors coming in picking just any coins they can get hodl in the market.
I don't think we are going to see this scenario again because of the big lesson of 2017, even new investors will do a research on what altcoins should they pick when altcoins season comes.

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Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Bitcoin is a measuring tool for almost all altcoins, so it is not surprising that bitcoin is increasing and it will certainly affect altcoin. almost certainly altcoin is still very dependent on bitcoin. so don't be surprised if bitcoin rises sharply it will also pull up altcoin.

Onuohakk

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Apparently nobody can ascertain to that. As of now am only investing in legit altcoin, trading it when there's profit.
Really don't have such patience to wait for the bullrun season to happen. $20k bitcoin is possible, probably next year but we shouldn't be expecting that all altcoin will skyrocket because of that

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Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

It’s not the altcoins will go crazy instead the investors will 😂

Do we need to answer this?when we already knew that in 2017 we have already experienced this when bitcoin almost reached 20$k then what more now!?

The market is only waiting for the next bullrun and we will see how great this can give for all of use who holds bitcoin and altcoins also

iv4n

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Quote from: tabas on October 30, 2019, 04:09:53 AM

Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Yes. Very likely but not so fast. No idea when it can happen again but instead of thinking about that day, we should all focus on the current market and see how we can apply strategies that shall benefit us.

Quote from: LouVandetta on October 30, 2019, 03:59:57 AM

Most likely if it does happen, then it will be a great year for us, right?

It is but can't be sure for this year.

Focusing on earning in the current market situation is trading, simply said. Focusing on waiting for an alt season should be accumulating coins and not risking them!
This year we will not see any season at all, we can feel luck if price of bitcoin goes over 10k and some alts follow that rise. Next year will be similar to this one, fluctuations all the time, some spikes, some deeps, all in all I don`t expect to see some huge price rise. I expect 2021 to be our year! Not from the start of course, but mid 2021 to the end will be the possible period for crypto market to brake that 1 trillion cap for the first time ever!

tabas

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Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Yes. Very likely but not so fast. No idea when it can happen again but instead of thinking about that day, we should all focus on the current market and see how we can apply strategies that shall benefit us.

Quote from: LouVandetta on October 30, 2019, 03:59:57 AM

Most likely if it does happen, then it will be a great year for us, right?

It is but can't be sure for this year.

LouVandetta

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Quote from: weidex on October 29, 2019, 05:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

You mean just like how 2017 was?
It might be or might not be. With how bad the market for the past year, it's no wonder if traders kinda shut of their wallet to some altcoins. And perhaps only holding some bitcoin. Most likely if it does happen, then it will be a great year for us, right?

toast

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Quote from: TheICE007 on October 29, 2019, 10:30:17 AM

Well it is Possible that Altcoins could go crazy if bitcoin gets to $20k,in this space the unexpected happens a lot but I think old investors would go more for Bitcoin and perhaps some top altcoin like Ethereum, xrp and so on. Talking about the correlation it could be drawn that this past week that bitcoin rose,many altcoin also showed some upward trend, so it's possible the $20k for Bitcoin could also bring about the Alt Season.

all possibilities can happen and no one can ensure future predictions and the development of bitcoin may also affect altcoin as well as investors we must be clever in utilizing every opportunity that we will get in investing with any crypto currency as well as all changes will certainly get results

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Quote from: akmal1984 on October 30, 2019, 01:05:49 AM

Do you think the alt coin will go up like in 2017? like ethereum for example which managed to break above 1k usd the price at that time? Because at that time the price of bitcoin did not reach 20k usd. So if you touch 20k in 2020, then the price of ethereum can be above 1k usd, right?
For now eth, bch and xrp seem the most likely to increase dramatically if there really is an increase in price.

The price of ETH managed for breach the $1k barrier because there was a ton of projects using the ETH platform and for all the projects you need to have ETH to make those transactions and there was a special interest in the market to purchase ETH and years down the line what interesting projects do you see using the ETH platform and only a few tokens are using it and if you take that into consideration there is no way that the price would breach new levels but we can expect the market to rise whenever the bitcoin market rallies.

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