Altcoins to go crazy again once Bitcoin reaches 20k? - page 3.

Questat

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

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.

That's because people don't trust altcoins for long term, after the hype, the smart money are transferring their money to bitcoin which is the strongest in the market. Buy the rumors sell the news, that's the strategy that is effective in times like this.

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

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).

The only way altcoins wills surge is when bitcoin will be close to its ATH or surpass it, the hype will start and then it will continue like the last bull run.
By next year, there's a bitcoin halving, probably that would help to increase the price of bitcoin and altcoins will follow.
Though it's not guaranteed but we are always hopeful with that big change.

Twinkledoe

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Quote from: leetcoiner on December 23, 2019, 03:18:26 PM

Quote from: cassavachips on December 23, 2019, 03:52:26 AM

Altcoin season will happen but if this situation waits for bitcoin to reach the highest price in history I think it takes time, hoping altcoin season happens without having to wait for bitcoin to rise.

Hardly alts will grow by themselves, alts are very dependent on Bitcoin, so, alts season will not be without Bitcoin growth.

Unfortunately, that is actually true. Most of the alts follow the progress path of bitcoin. Only those that have really solid applications in the market tend to increase on its own. But as for me, everything is possible for alts. They are always significant in the growth of adoption of cryptocurrencies.

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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).

Pelunize12

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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.

yes it is, if Bitcoin dominance can't decrease, altseason can't happen too
so we still have to wait the Bitcoin dominance decreasing so much to see big altseason

That's what the market tells us in last altseason.

leetcoiner

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Quote from: cassavachips on December 23, 2019, 03:52:26 AM

Altcoin season will happen but if this situation waits for bitcoin to reach the highest price in history I think it takes time, hoping altcoin season happens without having to wait for bitcoin to rise.

Hardly alts will grow by themselves, alts are very dependent on Bitcoin, so, alts season will not be without Bitcoin growth.

cassavachips

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Altcoin season will happen but if this situation waits for bitcoin to reach the highest price in history I think it takes time, hoping altcoin season happens without having to wait for bitcoin to rise.

SheriffEl

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My opinion is that Altcoins will explode soon before Bitcoin reaches 20k.

I have filled my altcoin bag now as they are really cheap, patiently waiting for 2020 to begin Grin

nanaimogold

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Quote from: magisterr on December 22, 2019, 04:50:00 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?

Definitely. New and new people will go jump into crypto again if they see BTC in 20k again or above. And they will start buy cheap alts. But at first we must see 20k... Hope this happens after BTC halving

Bitcoin halving may not really meet the high price expectations people set for it simply because of the reason that market expansion is direly needed to achieve that. If the market remains as compact it is currently, then the margin may not be too high.

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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.

Yes, because the fence sitting observers will begin to feel safe about entering into cryptocurrencies. And it is a good reason to do so since now the projection is that most coins will begin a new bull trend that hopefully lasts more the last bear market.

jarhed

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

Bezobraznike

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Quote from: magisterr on December 22, 2019, 04:50:00 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?

Definitely. New and new people will go jump into crypto again if they see BTC in 20k again or above. And they will start buy cheap alts. But at first we must see 20k... Hope this happens after BTC halving

I believe in much higher price then 20k, Bitcoin in next few years will have another great year. I positive about some alt-coins,
not all of them will follow Bitcoin rise, but some of them will. For me new season is just a matter of time, two hard years are behind
us, we need to be patient just a little bit more.
I'm buying cheap alt-coins, I think some of them are at the bottom, maybe they can drop a bit more, but this is it. For some alt-coins
is buy now at the bottom, or wait price to rise and buy then.

magisterr

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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?

Definitely. New and new people will go jump into crypto again if they see BTC in 20k again or above. And they will start buy cheap alts. But at first we must see 20k... Hope this happens after BTC halving

Omega Weapon

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Quote from: Magkirap on December 17, 2019, 10:41:53 PM

Quote from: Kasabus on December 17, 2019, 06:43:41 PM

Quote from: MancyZz on December 17, 2019, 03:39:59 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 possible. when bitcoin going to 20k it mean bitcoin halving happen. Previously when bitcoin halving it also affect in altcoin, altcoin increase high price
so waiting to bitcoin halving or bull run and altcoin season coming. this best moment to take profit from altcoin and makes successfull in era cryptocurrency

For now the question that is in my mind is when bitcoin will reach $20K.
Today, another dump has been witnessed, btc drop $6K after holding at $7k for awhile and it looks like this year is not going to end up at a good price.

We are thinking of $20K but if btc dropped again at $3k, I think we need to start over again by next year.

I think bitcoin can reach $20k next year after its halving and surely altcoins will follow bitcoin's trend but as of now it is a very hard situation where bitcoin continues on dropping and in my opinion it will go down below $6k by the end of the year so next year bitcoin needs some work in order to bring back its price and to reach much higher coin price and so that altcoins will follow its trend and also reach higher market price.

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.

bering

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Well if we see based on previous experience then it possible to happen because on 2017 when bitcoin reach new all time high then some of altcoin such as Eth can following to bitcoin price and reach high price too but unfortunately altcoin season may not happen in the near future because seems market conditions not support it

Harriti

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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?

This will happen if the alts really bring value to the investors. The situation now is that speculators have become smarter than ever and they don't invest in businesses that rely solely on technology. after the 2018 crash and a series of scam projects that made them lose trust, I was one of them.
So now we are waiting for a new wave to come back and could bring us great profits like 2017, when the new alts can rise.
Ps: do you have the same opinion as me? About losing faith in the alts?

Lecam

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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?

I think yes because altcoins once bitcoin price goes up the price of altcoins also are going up. So i think we need to be have a patience for that because everytime that bitcoin goes down some altcoins are going to be down also and i think once bitcoin orice goes to 20k$ above many altcoins are going to be up.

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Quote from: Kasabus on December 17, 2019, 06:43:41 PM

Quote from: MancyZz on December 17, 2019, 03:39:59 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 possible. when bitcoin going to 20k it mean bitcoin halving happen. Previously when bitcoin halving it also affect in altcoin, altcoin increase high price
so waiting to bitcoin halving or bull run and altcoin season coming. this best moment to take profit from altcoin and makes successfull in era cryptocurrency

For now the question that is in my mind is when bitcoin will reach $20K.
Today, another dump has been witnessed, btc drop $6K after holding at $7k for awhile and it looks like this year is not going to end up at a good price.

We are thinking of $20K but if btc dropped again at $3k, I think we need to start over again by next year.

I think bitcoin can reach $20k next year after its halving and surely altcoins will follow bitcoin's trend but as of now it is a very hard situation where bitcoin continues on dropping and in my opinion it will go down below $6k by the end of the year so next year bitcoin needs some work in order to bring back its price and to reach much higher coin price and so that altcoins will follow its trend and also reach higher market price.

Omega Weapon

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Quote from: kro55 on December 13, 2019, 12:52:04 PM

Right now majority of alt coins are bleeding heavily and they will more if bitcoin drop more. There only cure is rise in price of bitcoin and if that cure is not injected very soon, chances are many altcoins will expire.
20k $ price looks very foggy right now. If bitcoin may jump back to 10k $ it will be like a fresh air to dry altcoins.

That is what it always happens, people are worried about individual altcoins disappearing but the truth is that if the market conditions that we are witnessing last for much longer then it is very likely that the majority of the coins that we see in the market are going to disappear, but despite all of this it is unlikely that we are going to see a decrease in the number of coins in the market because as soon as a coin disappears another one takes its place almost immediately.

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Quote from: MancyZz on December 17, 2019, 03:39:59 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 possible. when bitcoin going to 20k it mean bitcoin halving happen. Previously when bitcoin halving it also affect in altcoin, altcoin increase high price
so waiting to bitcoin halving or bull run and altcoin season coming. this best moment to take profit from altcoin and makes successfull in era cryptocurrency

For now the question that is in my mind is when bitcoin will reach $20K.
Today, another dump has been witnessed, btc drop $6K after holding at $7k for awhile and it looks like this year is not going to end up at a good price.

We are thinking of $20K but if btc dropped again at $3k, I think we need to start over again by next year.

AjithBtc

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Quote from: ecnalubma on December 17, 2019, 08:44:40 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?

Altcoin might likely to rise too if ever Bitcoin will breach 20k again, even the dead project could rise from the dead. 😂 Most altcoins are tied to Bitcoin’s volatility so if it moves it also affect major coins like a magnet.

There is connective median between the altcoins and bitcoin. This makes the altcoins have big dependence over the market of bitcoin. To breach $20k is not an easy thing, because earlier all happened suddenly. Now people keep on speculating with big expectations, but the reality is always unpredictable.

Earlier during the previous bull trend there is big growth with dead projects, and this time I don't think such a level of growth will happen. Because, compared to those days right now the market is highly mature.

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