Topic: Altcoins to go crazy again once Bitcoin reaches 20k? - page 15. (Read 3403 times)
Yep, I see a good correlation there. If Bitcoin touches all-time high and goes above $20k it means that the public's enthusiasm is high, when many of them are new and welcome this technology, then they will also see the potential that can be produced by other cryptocurrency and eventually they will realize that Bitcoin not the only one there. But there are lots of coins/tokens that have different uses. I think this is one of the causes of the hype of altcoin.
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 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.
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?
Ofcourse it will, the btc pair is up and altcoin price won't down in btc pair or even it's down it won't much.
So, literally the price will increase too in fiat. and after a moment when BTC got stable in 20k. Altseason will happen and we'll see the rise of altcoins
yes we will see the altcoin season again when bitcoin reaches the price of $ 20k. and I'm optimistic that bitcoin will be a bullrun next year because at that time bitcoin is halving day.
if we look at the rise and fall in the price of bitcoin always have an impact on the price of altcoin. like a 30% increase in bitcoin yesterday almost all altcoins also experienced an increase. I think there really is a direct correlation between bitcoin and altcoin.
if we look at the rise and fall in the price of bitcoin always have an impact on the price of altcoin. like a 30% increase in bitcoin yesterday almost all altcoins also experienced an increase. I think there really is a direct correlation between bitcoin and altcoin.
I still believe another altcoin session will come again. Bitcoin will probably reach above $ 40K, and after that altcoin follows it. but I can't predict when that time will come. say it will come after halving, I hope like that. and all returned to the party at a spectacular cryptocurrency session like the end of 2017.
At present, there are not many signs of this return because the volatility of the market is making a lot of investors more careful in investing altcoins. Most when investing in altcoin people only care about profit and not many investors hold this time because high risk is the main reason why they feel scared. I'm not sure when the altcoin season comes but things often happen unexpectedly so please keep patient.There are of course hundreds of different opportunities in this market but you need to have faith in your investment because if you feel nervous investing you will never make a good profit.
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. 
Most probably not.
IMO everybody now is more careful, more cautious than the alt boom in 2017. Even if we see a new 20K Bitcoin, people will stick to Bitcoin and the few main Alts. Nobody will rush itself into unknown alts just because Bitcoin is 20K again.
IMO everybody now is more careful, more cautious than the alt boom in 2017. Even if we see a new 20K Bitcoin, people will stick to Bitcoin and the few main Alts. Nobody will rush itself into unknown alts just because Bitcoin is 20K again.
I am counting on that, unknown alts probably come later again. For the starters i am counting people for going for the older alts, and then there could be something new replacing the fomo of icos/ieos we had. My bet would be huge markets on collectables but that's just a wild guess. Some STO platform could start a trend too, it's really anyone's guess but to guess right on that lottery could be a life changing move.
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?
To be honest we are now on alt season. I mean this is right time to buy altcoin if you have enough money to take risk. I mention risk because every investment is quite risky on crypto-currency field. Because you should afford loss during huge dump. Anyway, when btc was 3K alts were shown good trend. And yes it's true most of traders increased their bitcoin that time. But when bitcoin touch 14K all altcoin dump more than 10X. So how we could expect that altcoin will bump when bitcoin will touch 20K although market could move even tomorrow. No one can say when pump will start exactly.
this is a question that keeps being asked over and over again. the answer is always the same. the altcoin pumps will come.
but the problem is that if you think bag holding something and hoping it gets pumped to the price you bought it at, is not going to give you back the money you lost. most of the coins you are currently bag holding will be dead by the time next pump begins and those that don't die and do get pumped, won't get pumped nearly as much as before!
so don't get your hopes up. and instead try to learn how to really make profit from pump and dumps without bag holding!
but the problem is that if you think bag holding something and hoping it gets pumped to the price you bought it at, is not going to give you back the money you lost. most of the coins you are currently bag holding will be dead by the time next pump begins and those that don't die and do get pumped, won't get pumped nearly as much as before!
so don't get your hopes up. and instead try to learn how to really make profit from pump and dumps without bag holding!
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'm not sure about to see the next altcoin season and here's my reason as you can see, ATH of altcoin already achieved when almost all of the crypto traders and investors bought ICO. This time it looks very different consider that fewer people are interesting to repurchase ICO or IEO. You can try to create a comparison between ethereum chart when bitcoin was reached 10k in 2018 and the latest chart right now. I thought that you can get a conclusion about that. I don't even find any correlation between the bitcoin pump and altcoin pump. The only relationship that i could found that from the market when bitcoin pumps and altcoin gets dumped but when altcoin dumped and bitcoin gets pumped. .
I still believe another altcoin session will come again. Bitcoin will probably reach above $ 40K, and after that altcoin follows it. but I can't predict when that time will come. say it will come after halving, I hope like that. and all returned to the party at a spectacular cryptocurrency session like the end of 2017.
Everything is still possible to happen, if the market can improve and not fluctuate by other things, because it will take a long time for bitcoin to go up to 20 thousand dollars, because it's a very large number, it certainly won't be easy to achieve in time close by bitcoin.
It is historically possible. How possible? I can’t tell. No one can tell. I am of the believe that Bitcoin will always lead the race. The reason there is trust for altcoins is because of Bitcoin. Bitcoin created that trajectory for others to follow. And more crypto enthusiasts are aware of that now than in 2017. Times have changed? Will history repeat itself? Only time will tell.
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.
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.
Is it possible that we see another altcoin season
Why is it that people keep referring to this 'altcoin season'? Stop it with the monkey see, monkey do crap.I was just taking a look at the dash price chart, and it looks like it did increase along with bitcoin when the latter was reaching its all time high, but sometimes dash increased independently...so I guess it just depends. Altcoins are generally priced in terms of bitcoin, but that can vary. However I do think if bitcoin started to approach $20,000 again, the bull market would probably be in full swing and alts would be on fire as well. That's what happened last time in 2017.
And I'm looking forward to when bitcoin does get back to where it was. It might take a year or more, but it *will* happen.
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?
As of now, we do not know what the future holds. Because bitcoin's popularity is different then and now. It is therefore uncertain if altcoins will meet the strong demand for bitcoin once bitcoin halving has arrived.Because as others say investors will put their money into buying bitcoin. Reason for the price of altcoins to fall before halving comes.
That might happen. If we look at 2017 when bitcoin touched its highest price, altcoin began to creep up. This is part of the economy. If we imagine it, world oil prices rise, the prices of other needs will also rise. Maybe it's that simple logic. But still always be careful, do not be deceived by Fomo or others. Always do according to your own analysis.
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 hope so pal, but every thing depends on bitcoin future movement, do not worry too much, china have taken the giant step already so i belief we will see more adoption rate soon and morever bitcoin halving is around the corner so the more bitcoin shots up it will drag altcoins along, mind you do not hold shit coins 
Most probably not.
IMO everybody now is more careful, more cautious than the alt boom in 2017. Even if we see a new 20K Bitcoin, people will stick to Bitcoin and the few main Alts. Nobody will rush itself into unknown alts just because Bitcoin is 20K again.
IMO everybody now is more careful, more cautious than the alt boom in 2017. Even if we see a new 20K Bitcoin, people will stick to Bitcoin and the few main Alts. Nobody will rush itself into unknown alts just because Bitcoin is 20K again.
Exactly what i thought since investors became smarter now so only top altcoins will gain if ever bitcoin set a new ATH. i also think that its more likely possible for top altcoin to rise after the pump because i'm sure that they will sell their bitcoin and convert it to strong coins in order to increase their profit in the long run.
Jump to: