Altcoins to go crazy again once Bitcoin reaches 20k? - page 2.

Bitcoincc

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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?

If bitcoin price increases, it is also certain that altcoin prices will also increase. I do not really know about low value coins, but, altcoin like ethereum, ripple, litecoin, and dash will also increase.

Arkann

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Of course, if the price of Bitcoin starts to rise again to $ 20,000, then many users can succumb to this fraudulent phenomenon. The fact is that if you look at what has been happening since the beginning of 2019 in the cryptocurrency market, then Ethereum Bitcoin has improved its position in price, but other cryptocurrencies did not budge and were further in a bearish trend. The main thing today is to observe the development of the entire cryptocurrency market and not to respond only to the fact that the price of bitcoin has increased, so as not to invest your money in other cryptocurrencies in vain.

marcous

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Quote from: Btc_1856 on December 27, 2019, 11:28:21 PM

Quote from: Pelunize12 on December 26, 2019, 10:45:33 PM

Quote from: reallester on December 26, 2019, 07:41:55 PM

Yes it's really possible for altcoins to bulk once btc bulls. This is widely because of the fact that major altcoins bull whenever bitcoin bulls. So it's very possible for these alts to bull once btc crosses or reaches its ATH. The question should be,will btc ever reach its ATH?

Dont need to worry. until now, Bitcoin is still on track, you can see how good the rhyme Bitcoin is
Bitcoin always reachs ATH after halving. it happened in 2017 and 2013/2014

so we just wait what Bitcoin would do in 2020. bcz in that year can be based on what would happen in 2021
I still believe that Bitcoin would repeat history itself

From the past experience, after halving Bitcoin price increased its price to new ATH. Every person is expecting something about the Bitcoin after halving and this will surely help the altcoin to increase their prices along with the Bitcoin price recovery.

yes, people will think what happened in 2017 will be repeated again in 2020-2021. but when comparing the volumes of various exchangers the volume is now greatly reduced. maybe most traders/investors are attracting their assets. considering that previously there was a lot of FUDs about hackers too. Surely we expect the same thing when Bitcoin goes up, Altcoin prices go up as well. but I monitored when Bitcoin up to 10k USD last month, it is proven that the price of Altcoin which is considered popular coins is even difficult to rise above 50%.

Btc_1856

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Quote from: Pelunize12 on December 26, 2019, 10:45:33 PM

Quote from: reallester on December 26, 2019, 07:41:55 PM

Yes it's really possible for altcoins to bulk once btc bulls. This is widely because of the fact that major altcoins bull whenever bitcoin bulls. So it's very possible for these alts to bull once btc crosses or reaches its ATH. The question should be,will btc ever reach its ATH?

Dont need to worry. until now, Bitcoin is still on track, you can see how good the rhyme Bitcoin is
Bitcoin always reachs ATH after halving. it happened in 2017 and 2013/2014

so we just wait what Bitcoin would do in 2020. bcz in that year can be based on what would happen in 2021
I still believe that Bitcoin would repeat history itself

From the past experience, after halving Bitcoin price increased its price to new ATH. Every person is expecting something about the Bitcoin after halving and this will surely help the altcoin to increase their prices along with the Bitcoin price recovery.

Omega Weapon

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Quote from: alyssa85 on December 23, 2019, 06:58:56 PM

Quote from: Omega Weapon on December 21, 2019, 10:33:18 PM

I am getting worried because a lot of people are expecting the halving is going to solve all the problems that bitcoin has to maintain its price, and that to me seems to be a big mistake, because I cannot stop thinking about the consequences that will come to the market if that doesn't happen, what will happen if the price does not increase after the halving? And I keep thinking that people are going to be so disappointed that many are going to get out of the market and that could create another crash.

I'm worried as well. The Litecoin halving in August showed a surge prior to halving (thanks to speculators anticipating a halving effect) and then the price collapsed.

I'm not sure at all that any rise in the bitcoin price will be sustained. And I'm not sure alts will surge either (last time people thought they were investing in the "next bitcoin" but by now they've wised up).

At this point in time we have no option but to wait and see what the price of bitcoin is going to do at that time but I cannot stop but feel very uneasy about the whole situation because as you say if something similar happens to bitcoin as what happened to litecoin then that could be a disaster for bitcoin as people will panic and this could crash the price back to the levels that we saw at the beginning of 2019 and that is no good for the development of this market.

pajak666

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That for sure. 20k is a pretty huge milestone on the way to the moon considering how 10k was basically meaningful. This sets up for bigger magnitude of next high and what will be triggered by hitting 20k mark should be only a beginning of a 50-60k move. All altcoins will follow exactly as before in this type of situation. What we need is sentiment reset, and while this summer/fall messed with people a little, a new ATH for btc would be more than enough to compensate for it.

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Quote from: Sendi blackspade team on December 26, 2019, 10:01:40 PM

Quote from: leetcoiner on December 26, 2019, 02:56:36 PM

Alts will certainly go crazy when Bitcoin reaches $20,000, but the complexity of the situation is different, now and in the future it will be difficult for Bitcoin to grow to $20,000.

what makes it difficult? everything will still be possible. but what I am afraid of is that altcoin investor confidence has begun to diminish if bitcoin pumps as high. we certainly see a different situation. but if you see what happens this year when bitcoin pumps and dominates altcoin trading it can't do anything.

If bitcoin unable to sustain again the barrier after pumping that high, then expect that short period of alts pumped and completely being dumped back same scenarios when this things happen last 2017 and early 2018. But if bitcoin jumped and gain enough supports to continue trying to find a new high e will soon then expect the market to get more investors and money to flow inside.

Pelunize12

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Quote from: reallester on December 26, 2019, 07:41:55 PM

Yes it's really possible for altcoins to bulk once btc bulls. This is widely because of the fact that major altcoins bull whenever bitcoin bulls. So it's very possible for these alts to bull once btc crosses or reaches its ATH. The question should be,will btc ever reach its ATH?

Dont need to worry. until now, Bitcoin is still on track, you can see how good the rhyme Bitcoin is
Bitcoin always reachs ATH after halving. it happened in 2017 and 2013/2014

so we just wait what Bitcoin would do in 2020. bcz in that year can be based on what would happen in 2021
I still believe that Bitcoin would repeat history itself

Sendi blackspade team

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Quote from: leetcoiner on December 26, 2019, 02:56:36 PM

Alts will certainly go crazy when Bitcoin reaches $20,000, but the complexity of the situation is different, now and in the future it will be difficult for Bitcoin to grow to $20,000.

what makes it difficult? everything will still be possible. but what I am afraid of is that altcoin investor confidence has begun to diminish if bitcoin pumps as high. we certainly see a different situation. but if you see what happens this year when bitcoin pumps and dominates altcoin trading it can't do anything.

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Yes it's really possible for altcoins to bulk once btc bulls. This is widely because of the fact that major altcoins bull whenever bitcoin bulls. So it's very possible for these alts to bull once btc crosses or reaches its ATH. The question should be,will btc ever reach its ATH?

leetcoiner

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Alts will certainly go crazy when Bitcoin reaches $20,000, but the complexity of the situation is different, now and in the future it will be difficult for Bitcoin to grow to $20,000.

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Quote from: bitkanu on December 26, 2019, 12:22:54 PM

Quote from: junkerr on December 25, 2019, 11:07:26 AM

Quote from: bitkanu on December 25, 2019, 10:33:13 AM

Quote from: jarhed on December 22, 2019, 02:01:29 PM

Most likely because alts are dependent on Bitcoin, if Bitcoin grows to $20,000, you should definitely wait for the alts season.

that's true but it's not always become the answer as the altcoin can even get nothing from the season. We don't know when that will be happening and we are only betting on something that there is no clue about when that will actually come to pump the altcoin. We have seen altcoins are loosing the value.

had increased slightly when the fast pump of bitcoin occurred but it did not last long before the dominance of trade was controlled by bitcoin and made altcoin worse. the incident made everyone sell altcoin for bitcoin. but when the pump occurs again with the balance of trade maintained in the market. I think Altcoin still has a chance to grow with the Bitcoin pump.

The problem is when that will be happening? there is no ETA about that. you can say if the pump can occur anytime but when we are seeing the reality and there is a possibility for the pump will never happen again. The chance for altcoin go grow gets drowned by bitcoin expect good altcoin like credits. Cool

We can't estimate the time for such a large scale growth in the market. Earlier this wasn't the way by which the market for bitcoin got to be growing. Possible chances for growth is much associated with the increasing adoption, and that's really the big market to reach.

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Quote from: junkerr on December 25, 2019, 11:07:26 AM

Quote from: bitkanu on December 25, 2019, 10:33:13 AM

Quote from: jarhed on December 22, 2019, 02:01:29 PM

Most likely because alts are dependent on Bitcoin, if Bitcoin grows to $20,000, you should definitely wait for the alts season.

that's true but it's not always become the answer as the altcoin can even get nothing from the season. We don't know when that will be happening and we are only betting on something that there is no clue about when that will actually come to pump the altcoin. We have seen altcoins are loosing the value.

had increased slightly when the fast pump of bitcoin occurred but it did not last long before the dominance of trade was controlled by bitcoin and made altcoin worse. the incident made everyone sell altcoin for bitcoin. but when the pump occurs again with the balance of trade maintained in the market. I think Altcoin still has a chance to grow with the Bitcoin pump.

The problem is when that will be happening? there is no ETA about that. you can say if the pump can occur anytime but when we are seeing the reality and there is a possibility for the pump will never happen again. The chance for altcoin go grow gets drowned by bitcoin expect good altcoin like credits. Cool

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Quote from: jarhed on December 22, 2019, 02:01:29 PM

Most likely because alts are dependent on Bitcoin, if Bitcoin grows to $20,000, you should definitely wait for the alts season.

What I have been saying all season long to everyone who ever asks me to think. Just remember the last ATH. When Bitcoin broke $1.4k, that is when alts started rising,,, this is when dominance for BTC decreased slowly, and people even talked about ETH flippening haha.

Now if BTC breaks 20k,,, this will be when alts are again going to rise. Not all of them and not like before, but some of them and as big as before.

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Quote from: bitkanu on December 25, 2019, 10:33:13 AM

Quote from: jarhed on December 22, 2019, 02:01:29 PM

Most likely because alts are dependent on Bitcoin, if Bitcoin grows to $20,000, you should definitely wait for the alts season.

that's true but it's not always become the answer as the altcoin can even get nothing from the season. We don't know when that will be happening and we are only betting on something that there is no clue about when that will actually come to pump the altcoin. We have seen altcoins are loosing the value.

had increased slightly when the fast pump of bitcoin occurred but it did not last long before the dominance of trade was controlled by bitcoin and made altcoin worse. the incident made everyone sell altcoin for bitcoin. but when the pump occurs again with the balance of trade maintained in the market. I think Altcoin still has a chance to grow with the Bitcoin pump.

bitkanu

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Quote from: jarhed on December 22, 2019, 02:01:29 PM

Most likely because alts are dependent on Bitcoin, if Bitcoin grows to $20,000, you should definitely wait for the alts season.

that's true but it's not always become the answer as the altcoin can even get nothing from the season. We don't know when that will be happening and we are only betting on something that there is no clue about when that will actually come to pump the altcoin. We have seen altcoins are loosing the value.

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Quote from: sniveling on December 24, 2019, 12:29:23 PM

Alts will clearly grow if Bitcoin reaches $20,000, but do not expect the same growth as in 2017, if there is growth, it is not as strong.

I don't think the growth will be that great on the majority of alts. But, some of the bigger ones will end up rallying pretty hard. The problem is there's just too many coins and projects out there for people to invest in. Most of them will be worth absolutely nothing in the long run. The coins in the top 20 or so in market cap will probably be fine in the long run and even rally along with Bitcoin during the next 2017 type run.

TinaK

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If anything happens exact value what we are expecting means we can give some feedback or suggestion about it but this thread is old and not speaking about the current situation of the marketplace.
So so if you want to invest on any decentralized cryptocurrency, they will go to BTC and some more top alts.

scambust

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Definitely it will happen. Because an obvious continuing uptrend since 2011 is the poster child of a mega rally which are probably in the end of the first half because in some quarters, cryptocurrencies are still niche ideas and technology.

sniveling

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Alts will clearly grow if Bitcoin reaches $20,000, but do not expect the same growth as in 2017, if there is growth, it is not as strong.

Topic: Altcoins to go crazy again once Bitcoin reaches 20k? - page 2. (Read 3369 times)