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Topic: Altcoins to go crazy again once Bitcoin reaches 20k? - page 14. (Read 3403 times)

sr. member
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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 it is possible that the season of altcoin will also come  when the bitcoin reaches above $20,000 because as we can see in the year 2017 when bitcoin hits $20,000 the altcoins also rise and gets wild. Maybe we can see this when the year 2020 comes and the halving of crypto comes, but as I was said, there is a huge probability that the altcoins will go crazy and arise when bitcoin pumps up over $20,000. But this is just a speculation and prediction at all.
jr. member
Activity: 574
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I think it is possible , but not 100%. becuse altcoin mostly depend on bitcoin pries market value.but we can try our best earning in populer altcoin investing.
member
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Let's hope that this will happen, because constantly when bitcoin grew in price, at the same moment altcoins began to grow, but now we see everything has changed, now only bitcoin is growing, and altcoins are only falling, so it’s very difficult to say what will happen with altcoins before bitcoin halving, but of course we will see some growth of altcoins.
legendary
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i just guessing, the hype of 2017 alt will never come again since there are roughly 90% of ico coin is just fail

It depends on the hype in the mainstream press. In 2017 what happened was as bitcoin got more and more expensive, newbies to the crypto scene thought, "Why not buy an alt instead, they're cheaper and they too might make a new high".

That sentiment was what lifted alts in 2017. Whether they are more savvy this time round remains to be seen.
sr. member
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i just guessing, the hype of 2017 alt will never come again since there are roughly 90% of ico coin is just fail
investors now understand at that moment was just hype in altcoin market.they manipulated with bitcoin and altcoin price.they become more rational now and never thinking investment will give them alot of profits like 2017 happen.personally i am prefer to trade safety , never hope again to earn profit thousand percents from altcoin or i could trapped in loss while holding altcoin too long.
hero member
Activity: 1414
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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?
For me it is definitely yes, as you can some altcoin are paired with bitcoin so once the price of bitcoin become high, the price of altcoin will also become high. But sometime we might see an altcoin season without any pump of bitcoin. The altcoin season is already happen few weeks or months ago so I think the next altcoin season might happen in the next bull run.

Very possible to happen, but unlike the first altcoin season maybe.After the first ATH and bullrun, so much happens and so much realization to think about and  to consider. Because of so much scam and fraud projects,this time  investors become extra careful in their investment, and those with solid  foundation can can still excel.
hero member
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i just guessing, the hype of 2017 alt will never come again since there are roughly 90% of ico coin is just fail
member
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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?

maybe there is a connection but waiting for bitcoin to reach 20K is very long. and there is no guarantee until then altcoin can survive. the only thing that can accelerate the altcoin season is adoption, hoping bitcoin isn't the best way. You can see a while ago, when bitcoin was pumped altcoin didn't move. and maybe when bitcoin reaches 20K this will be repeated.
legendary
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Everyone are forgetting the factors that led to the altcoin boom of 2017. The Bitcoin bull run was only a minor factor during that boom. The main trigger was the ICO craze, and it took Ethreum to a massive spike of 100x (when compared to 20x spike that BTC got). Most of the tokens were created using the ERC-20 platform, and this took Ethereum to new heights. And along with Ethereum, the other altcoins such as Litecoin, Monero, Dogecoin and Cardano also moved up. Also back then, a lot of the noobs sold their alts and shifted to altcoins blinded by their greed. Most of these users have exited the cryptocurrency sector now.
hero member
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To reach 20K is still very difficult for bitcoin, but it can definitely achieve it if the bitcoin trend continues to rise and there is a lot of positive news. In bitcoin Halving in May 2020 will also be an opportunity for bitcoin to reach the highest price, because many investors will buy bitcoin. For the altcoin season, it will occur when bitcoin dominance goes down and altcoin goes up.
sr. member
Activity: 1484
Merit: 277
The best thing about this last bull run is that it's exposed to newcomers how truly awful some bitcoin maximalists are. It's this mindset which will make people end up losing their BTC gains once the altcoin season starts and people FOMO their BTC at all manner of projects when they see people earning 50x-100x in a matter of weeks without having to even much unlike with BTC where you have to spend significant money to make major gains.

Crypto is so volatile, and I don't believe ones saying there won't be an alt season. Bull season affects both Bitcoin and altcoins. there will be definitely be an altcoin season at some point with many people investing in high potential projects on exchanges like Binance and kucoin, due to the potential of higher ROI. Personally I am expecting a good altcoins season in 2021 near the end of the Bitcoin bull cycle.

That's way too far to expect mate, it takes a long wait just to see the altcoins season begun to shine. Good thing for those who can wait longer, but a sad feeling to those who can't. However, year 2021 is somewhat a maturity stage for altcoins since 2019 short term expectancy was a failure to many holders. As the year 2020 nearly approaching, I do hope that the start of the year will be more prosperous for cryptocurrency.
member
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Bitcoin will be able to go higher this time over 20k after the 2020 halving and i do hope that altcoins won't hesitate to follow the uptrend as well, when btc reached its ATH stability will happen then hopeful altcoin will start shooting for the sky
sr. member
Activity: 1175
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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?

The brightness of the altcoin price come back to the level of the year 2017 crypto  boom is less than 50%.
Ethereum as a case study was trading at $1500+ then but the upward thread at the moment is not that encouraging, it should be around 5% of the actual btc price in order to catch up with the historical highest price when btc hits $20K.

Though we should expect some increase in the altcoin price but not as high as the 2017 btc highest price value.
member
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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?
There is great tendency that it will have great impact on good altcoins, because most investors will be selective. Altcoins like ETH, BCH XRP, EOS LINK and the likes will be well influenced on a positive note, even in the phase of manipulations, but the might not be direct correlation.
hero member
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We can't say that because of the past experience we had during the 2018 and 2019. During these periods we had difficulties of seeing a fair market place where altcoins grow with Bitcoin. Although we wish this can happen because it has over due for us to experience this type of change. Bitcoin dorminance is likely to allow altcoins grow again as we expect.

It's uncertain whether or not we'll see an altcoin season anytime soon based on the current market conditions. I have no doubt that everyone would be keeping an  eye on Bitcoin and will keep buying bitcoin as there's a perceived pump/increase in price leading to the bitcoin block halving event.  But you know how the market works, it's a two way thing.  Altcoins might not be left out of that run. Who knows?
sr. member
Activity: 630
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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?
I think not all Altcoins will also increased it's price when bitcoin reaches it's price up to 20k USD again due to bitcoin's dominance and other top altcoins like BNB, ETH, XMR, LTC and etc. that all investors will put all of their money to it, that is why no doubt that altcoins that has a less than $1 price will automatically decreased it's price.
jr. member
Activity: 193
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Most definetely. But that doesn't mean that every altcoin will benefit. I think it will be very important To have a working project full of users behind it. I can see eth, xlm, link, nwc going through the roof
full member
Activity: 1330
Merit: 147
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?
There is no impossible thing on cryptocurrency even it is altcoin which can many people say it is just end up to shitcoin but nobody who will know it will end. Just sailing on coinmarketcap recently and I found some interesting coin. I found an altcoin and its price at 2017 ago was $900 even more but now it altcoins price just $0.0008 it worst IMO. Yeah indeed, when bitcoin price goes up then there will be many altcoin who will up as well but I doubt the situation will stay longer and be back again when its price touch the lower price. If you interested to invest on altcoin then it will be better just choose it for short term investment.
sr. member
Activity: 1638
Merit: 261
it's very possible, if bitcoin soars, the btc pair bitcoin will increase as well then affect the whole pair, so it will increase very high, on the contrary if the bitcoin falls btc pair will also decrease, therefore I think the increase in bitcoin will have an impact on altcoin as well.

Value of altcoins let it be increase or decrease is completely dependent on the value of bitcoin. So it's pretty obvious that the value of altcoins will go up if the value of bitcoin increases but when bitcoin reached $13k it was short lived and the value of altcoins did not pump as expected except the recovery of ETH.

Let's see how it works this time and I think altcoins need to do something on their own to stop being dependent on bitcoin for further pumps.
hero member
Activity: 2156
Merit: 531
price growth is normal for altcoin their part knows that it will rise from bitcoin quality price ,so it's something that can be sure to soar for now matr to price that team has planned ,it must be crazy but for now it's still digging up accurate information of what happened from price bitcoin
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