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Topic: Alteseason will never happen? - page 6. (Read 6077 times)

member
Activity: 244
Merit: 14
StableDex | Decentralized, Secure & Cost Effective
August 12, 2019, 11:00:18 PM
#34
It might happen, but don't know when. Because at this time, almost all altcoin prices are down. And this is only 70% dominant in bitcoin. If it's more than this, the price of altcoin will certainly go down more than this. Switch all your altcoins to bitcoin. Forget altcoin for now. Because we will not benefit through altcoin.
full member
Activity: 630
Merit: 103
August 12, 2019, 09:35:20 PM
#33
BTC dominance is going to break 70% point. Almost all alts (not from top 10) dead. We will never be reach via shitcoins?

Most likely as i believe that most of the Altcoin holders are moving to Bitcoin making most of the Altcoins to become  useless. Hopefully there will be a turning point in Altcoins market soon as i keep on holding my Altcoin assets.
full member
Activity: 1176
Merit: 104
August 12, 2019, 08:46:28 PM
#32
You are wrong. There's plenty of time. It doesn't matter if bitcoin dominance is still high. This is crypto. Prices can change in an instant. If dominant bitcoin is still high, why don't you buy bitcoin ?. That will make you profit.

I would agree with your statement that price can change in an instant its either it will go up or down. BTC's dominance can be a good sign or not that actually depends on the situation especially you have to consider the trends of market and news so as a trader or long term holder you have to decide which altcoin will give you profit in the future. It is a matter of making a wise decision.
full member
Activity: 286
Merit: 100
StableDex | Decentralized, Secure & Cost Effective
August 12, 2019, 08:29:45 PM
#31
You are wrong. There's plenty of time. It doesn't matter if bitcoin dominance is still high. This is crypto. Prices can change in an instant. If dominant bitcoin is still high, why don't you buy bitcoin ?. That will make you profit.
full member
Activity: 265
Merit: 102
August 12, 2019, 06:36:21 PM
#30
Yes i do experience to invest or risk in alts not in top 10 alts then they actually turn to shitcoins already OP like they drops again in again

Still alts season can happen because market here in crypto is unpredictable then i think different alts grow too already but not that high compare in the past still they grow so we can see that they grow and there's a chance that this will happen again then better to spread your investment here like that's recommended to do like in btc/alts/tokens
hero member
Activity: 2828
Merit: 518
August 12, 2019, 06:51:50 PM
#30
If we couldn't see altcoins will pump, will it still have to hold our coins? It for sure many we're be losing it tight and let them go.

May altcoins never have it this year but the most important is potential altcoins could still stand from the struggles. We've never lost our hopes cause we trust this market since before.
legendary
Activity: 2282
Merit: 1041
August 12, 2019, 11:39:43 AM
#29
The first lesson I learnt in crypto is that anything can happen. Just be prepared for what comes next and know when to act. BTC dominance is not the only factor that influences the price of the altcoins.

Of course anything can happen. Like altseason may come probably by 2030. Possibilities are just that high when the governments are trying to stop developments like of the Libra. If they are up to kill every thing that will keep pace to the adoption, the longer it will take for an altcoin to seen with dominance of 1%
jr. member
Activity: 76
Merit: 4
August 12, 2019, 10:42:30 AM
#28
The first lesson I learnt in crypto is that anything can happen. Just be prepared for what comes next and know when to act. BTC dominance is not the only factor that influences the price of the altcoins.
full member
Activity: 1204
Merit: 102
August 12, 2019, 10:36:39 AM
#27
People are still waiting for the momentum from altcoin, if there will be a whale who pumped altcoin and that will never happen. The main problem altcoin is lack of demand and majority of whales have converted their altcoins to the bitcoin.
This is the real problem faced by altcoin.
The possibility for altcoin to get the bull trend when there will be FOMO.

but it seems difficult, and it takes a lot of money to be able to pump altcoin right now that's why I think whales has more to pump bitcoin.
member
Activity: 658
Merit: 13
August 12, 2019, 10:13:01 AM
#26
I see the same situation as on Bitcoin, when Bitcoin cost 3000USD. People were afraid of the future, everyone is predicting 0 and what happened? Pump to 10K$  Cheesy

but that doesn't apply to altcoin. don't equate altcoin shit with bitcoin which has a large community. that's why I'm sure altcoin will never be able to return to ATH like yesterday.
sr. member
Activity: 1554
Merit: 250
Making Smart Money Work
August 12, 2019, 09:12:16 AM
#25
I believe that history will repeat itself, and altseason will come when bitcoin stabilizes and reach ATH. I disagree with the statement that altcoin will die, we know that crypto space is open to all possibilities and altcoin completes it.
full member
Activity: 798
Merit: 103
August 12, 2019, 05:13:33 AM
#24
It will come. Bitcoin dominance was at his maximum at 70 percent. It can't do a lot better. It was a pump of Bitcoin because of the fear of missing the pump of Bitcoin to 20000 USD. But that won't happen because the pump was made with the current altcoins mostly. If you look at his dominances, it was 35 percent in January. A fair dominance should be between 35 and 50 percents. Altcoins have the same are better functionality than Bitcoin, there is no reason that Bitcoin eat the whole market at that would mean that cryptocurrencies don't have any value, except for speculators. If you believe in the technology, it is the altcoins who is making more progress now. Bitcoin is the first generation, that's why altcoins won't die.
I would add: do you prefer buying MS-DOS or the actual Window 10? It is like this. Bitcoin vs a new altcoin. If it is not and everyone only invest in Bitcoin, it means the end of cryptocurrencies/blockchains as it means that no one is interested to develop it more.
copper member
Activity: 266
Merit: 0
SYNCHROBIT
August 12, 2019, 05:02:12 AM
#23
Altcoinseason is going to take place when BTC dominance will fall. Right now, there is no chances for altcoins to grow, because of this extremely high dominance. But it is only the matter of time until it drops.
sr. member
Activity: 1316
Merit: 254
United Crowd
August 12, 2019, 04:35:13 AM
#22
Since the beginning of 2016 Bitcoin has reached the highest market dominance with several virtual currencies falling in BTC. #coinmarketcap.
So I think at this time, it looks like the altcoin market will enter a key consolidation period that will end in a new season for altcoin on 2020. So there is still and surely hope for Altcoin

legendary
Activity: 1946
Merit: 1137
August 12, 2019, 02:52:22 AM
#21
that is not dominance, bitcoin dominance has always been nearly 100% because nobody ever uses altcoins. that number shows the number of altcoins in circulation in comparison to number of bitcoin in circulation. these are totals multiplied by total prices versus bitcoin alone.

so whenever there is a ton of new altcoins being created, that number goes down. and when those coins die and disappear that number goes back up.

in a way it is showing the pump and dump cycle of the altcoin market. and it happens every 2 years approximately. and it will be repeated like it has repeated at least 3 times before. this is not the first time, it is only YOUR first time seeing it!
sr. member
Activity: 1162
Merit: 260
August 12, 2019, 02:25:11 AM
#20
People are still waiting for the momentum from altcoin, if there will be a whale who pumped altcoin and that will never happen. The main problem altcoin is lack of demand and majority of whales have converted their altcoins to the bitcoin.
This is the real problem faced by altcoin.
The possibility for altcoin to get the bull trend when there will be FOMO.
legendary
Activity: 1288
Merit: 1012
August 12, 2019, 01:33:37 AM
#19
Don't say that man if alt bull run never comes I will be rekt so hard that it would be beyond recoverable lol but IMO alt will come for sure if not this year then the next year.
Altseason will happen and it's probably going to be a huge one, Only some coins will survive though and move up, Rest will just die off. It's better to stick with alts that are doing tremendous work.
full member
Activity: 1176
Merit: 100
Vave.com
August 12, 2019, 01:29:28 AM
#18
sometimes as work on customs of evaluation to gives of chance with decision to put with position on table of bitcoin exchange trader might gains as use with nominal of number as target to complete on request with implementation of personal strategy and technical modulation on appealing movement on drawing with the chart on finance.

legendary
Activity: 1330
Merit: 1001
August 12, 2019, 12:47:00 AM
#17
Don't say that man if alt bull run never comes I will be rekt so hard that it would be beyond recoverable lol but IMO alt will come for sure if not this year then the next year.
newbie
Activity: 13
Merit: 0
August 12, 2019, 12:36:09 AM
#16
It is a bit too abusolute. Bitcoin is sure the most dominant one, while still possibly some good alts rise. You can say no alts can challenge BTC, but not Altseason will not happen. Tbh it is sure harder than 2 years ago, when Ripple almost took the number 1 in market.

The projects I like now are Raven, MultiVac, Mithril, ZooomEx, ebakus, Drep. These are some did great in ICO and IEO and with as well a good algorithm/ideas/tech
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