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Topic: Has alt season started? - page 9. (Read 1257 times)

member
Activity: 658
Merit: 11
October 27, 2019, 01:30:12 AM
#50
How can this be proved or disproved?
One day of growth, and you already see the beginning of the altcoin season! Really? Even if this is the beginning of the altseason and many want it, we cann't know for sure until this happens.
Let's be sober. To see the beginning of the growth of altcoins, mutually confirming signals are needed for this. All we have is a suspended downtrend - there are not enough signals to buy.
member
Activity: 663
Merit: 10
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October 27, 2019, 01:14:38 AM
#49
Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
Yes, this is a good time to buy alts. Yesterday the market had a great growth, bitcoin increased almost 40% and the alts approximately 30%. That's a good sign, I believe this Q4 will be quite similar to 2017.
All pumps will be made before the halving of bitcoin, so we should buy when the price is still low.
hero member
Activity: 1582
Merit: 523
October 27, 2019, 01:06:13 AM
#48
Maybe altcoin just started but not all of it. Sometimes the market situation can't be predicted, altcoin is starting to improve itself but only a little, but the increase now will either continue or just a buzz. All is still uncertain. But it would be nice to take a little profit now, rather than nothing
Some of the alts started to increase a small percent, but in general, we couldn't say this is the start for the altcoin season. But in bitcoin we have seen a good movement, that is true all is uncertain. But hopefully, by the following year, we will see a good movement or good price increase on altcoins.
hero member
Activity: 2814
Merit: 526
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October 26, 2019, 11:58:08 PM
#47
come on, don't be too optimistic. just because altcoins goes up a few% then you say the altcoin season is coming.
But being too pessimistic is not a good idea either, even is not coming yet. It would be better to take this opportunity to earn some money. Based on coinmarketcap, it's still increasing so it's been better than before.

it's the same as before. so try wiser and don't get involved in FOMO.
Yes it is, at least that's better than just doing a waiting game :^)
full member
Activity: 1064
Merit: 101
HELENA
October 26, 2019, 12:41:10 PM
#46
come on, don't be too optimistic. just because altcoins goes up a few% then you say the altcoin season is coming. it's the same as before. so try wiser and don't get involved in FOMO.
sr. member
Activity: 1190
Merit: 306
October 26, 2019, 11:43:10 AM
#45
I have a good feeling that I should buy them before winter.
Winter is almost on us, and I've been saying for a while now that it's a good time to buy both bitcoin and altcoins that have a future.  You have to pick the right ones, tho and that's the trick. 

The last jump in bitcoin's price has pushed up alts, but I still think it's a buying opportunity especially for the short term if you do that kind of trading.  If bitcoin stays as high as it is, altcoins should do pretty well *and* I have a feeling that both are going to go higher in 2020.

Altcoin season has not started yet.
This is the thing, tho.  People usually don't know when the 'season' ever starts, they just realize it well after the fact, after prices have already gone bananas.  We might have just started that kind of situation in the past day...but there's no sure way of knowing right now.
hero member
Activity: 1008
Merit: 501
October 26, 2019, 11:29:43 AM
#44
Altcoin season has not started yet. The whole crypto market got a pump because of China's president's speech about endorsing cryptocurrency. You can't tell this is an alt season, but you can buy reputed altcoins as the price is very low comparing the potential. So, buy now and wait for the bull run. I hope you wouldn't wait for a long time.
sr. member
Activity: 1498
Merit: 374
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October 26, 2019, 10:08:18 AM
#43
Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
As of now, the market seems good and most of the altcoin has a rising price so basically, you might call it an altcoin season but not totally altcoin seasons. We all know that altcoin seasons is the season where the price of a different altcoin is rising. If you look in the coinmarketcap all top rank altcoin has a beautiful and green color which means the price keeps on rising and even bitcoin is now starting to pump again.
hero member
Activity: 3024
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October 26, 2019, 06:11:11 AM
#42
Not yet. It's a possible bull trap that we've seen but still a good motion and recovery for the market because we've been so drought for the past week.
I wouldn't wait for the altcoin season and won't monitor it as well. Let it come on surprise so that it's the best feeling that we will ever had without any expectation but soon it will come.
The sudden recovery was unexpected but the major recovery happened in bitcoin and its fork coins, the rest of the altcoin market recovered but the biggest winners are the main market players and even if there is an altcoin season it will take a really long time to happen, i am not expecting one either but if it happen i am glad so that i will book my profits after a long time.
Take your profits and enjoy it. This is truly an unexpected recovery but let's all rejoice and take this as positive thing to the market. While the others who have given up to the market thinks that there's no way for bitcoin to recover and some actually wished that it will dump some more.
But most of them got it wrong, bitcoin pumped instead of it to dump.
sr. member
Activity: 2506
Merit: 368
October 26, 2019, 05:54:37 AM
#41
Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
No, I dont think so unless we have a good news that China and India has opened its door to cryptocurrency but i think it still need more time.
People are still focused on Bitcoin for now, The crypto leader needs to pave a way first in order for these altcoins to flourish.
China has already shut down their country to cryptocurrency so there is no way they will be going back again. The problem here is that most countries are open in cryptocurrency adaptation but at the same time they will have to face the scammers that is taking some advantage to the people who doesn't have any idea of cryptocurrency.

Alt season is far from the reality yet, we will have to wait for the new ATH of Bitcoin in order to see it.
Arent you aware on the current news as of today? If not then you should read this up https://www.coindesk.com/bitcoin-jumps-12-as-chinas-xi-embraces-blockchain-boosting-crypto-sentiment

They are now having some positive sentiments on blockchain tech as a whole which means they can possibly revert it back.
This must be the reason why Bitcoin suddenly surge up in just a short amount of time making it almost looks like the bull run. I like how their president change his mind for accepting blockchain technology again. But this is just only for Bitcoin and alt season is not yet near in the corner.
hero member
Activity: 1400
Merit: 505
October 26, 2019, 05:49:03 AM
#40
Not yet. It's a possible bull trap that we've seen but still a good motion and recovery for the market because we've been so drought for the past week.
I wouldn't wait for the altcoin season and won't monitor it as well. Let it come on surprise so that it's the best feeling that we will ever had without any expectation but soon it will come.
The sudden recovery was unexpected but the major recovery happened in bitcoin and its fork coins, the rest of the altcoin market recovered but the biggest winners are the main market players and even if there is an altcoin season it will take a really long time to happen, i am not expecting one either but if it happen i am glad so that i will book my profits after a long time.
sr. member
Activity: 1077
Merit: 250
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October 26, 2019, 05:44:30 AM
#39
why did you say altseason when many altcoins are falling? of course this is not altseason, this is btc season
btc is rising more than 20% in a day, it touch highest at 10,000+ $
i'm sure it would be continous pumping and reach new ATH in this year (ATH 13000$)
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October 26, 2019, 05:39:56 AM
#38
Not yet. It's a possible bull trap that we've seen but still a good motion and recovery for the market because we've been so drought for the past week.
I wouldn't wait for the altcoin season and won't monitor it as well. Let it come on surprise so that it's the best feeling that we will ever had without any expectation but soon it will come.
hero member
Activity: 2814
Merit: 526
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October 26, 2019, 04:22:16 AM
#37
Not yet I think, just take an example of Ethereum today. Yesterday I checked, it was at $160 range but today it's $180/ETH which is really crazy despite of the bear market trend at the end of the year. We still don't know if it will continue or it's just a short bubble.

And with the way institutional investors are looking, it's apparent that it's going to stay that way for a long while.
I would say that it's just a mindset of people that every year especially in Q4, there is a possibility that the price is increasing.
member
Activity: 686
Merit: 11
October 26, 2019, 03:58:38 AM
#36
Of course, no one will prove to you if you want to believe it. You can see how cool someone is playing with the price of Bitcoin: a month ago it fell, today it has risen to the same level. Altcoins reacted with optimism. And many people want to believe in the best.
At the same time, many altcoins are still in a downtrend. Today's positivism may just be a correction of the red trend. If you are not a supporter of the buy just because price has fallen, then it is better to wait for more reliable signs of growth.
sr. member
Activity: 1078
Merit: 354
October 26, 2019, 03:18:10 AM
#35
Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.

You can't really say I have a feeling that something will happen, prove me wrong. The onus is on you to offer some proof or at least compelling evidence that you may be right. I think it is preferable to base buy and sell decisions on reasoning.

The alt market has been recovering over the last day, but this is being led by a BTC recovery. Alts aren't increeasing relative to BTC at all at the moment. I do think there will be an alt season at some point, but it might require further price rises across the whole market before there is sufficient confidence for people to sell BTC for alts. I think it's premature to say this is alt season, just because alts have recored a few dollars but remain static against BTC.
sr. member
Activity: 812
Merit: 251
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October 26, 2019, 02:33:46 AM
#34
No way.

There is simply no FOMO going on with the alt market anymore.

And look at the bitcoin dominance index, it's continuing to go up. Right now the climb in alt prices is purely due to the fact that bitcoin had a crazy run up to $10k from the $7.5k low within one day, not because of anything other than that.

And with the way institutional investors are looking, it's apparent that it's going to stay that way for a long while.

I think we should wait more because the current market is having a lot of surprises happening. In my opinion, only the top altcoins can increase in this period because the current demand for buying only focuses on good coins and there is not much chance of raising prices for other altcoins. I'm not sure what the market will be like next time but hopefully everyone will feel better and avoid panic sell.
hero member
Activity: 1666
Merit: 753
October 26, 2019, 01:59:00 AM
#33
No way.

There is simply no FOMO going on with the alt market anymore.

And look at the bitcoin dominance index, it's continuing to go up. Right now the climb in alt prices is purely due to the fact that bitcoin had a crazy run up to $10k from the $7.5k low within one day, not because of anything other than that.

And with the way institutional investors are looking, it's apparent that it's going to stay that way for a long while.
legendary
Activity: 2758
Merit: 1004
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October 26, 2019, 01:55:03 AM
#32
Do you think both of countries will accept crypto easily? india and china have already stated if these countries are considering to put blockchain as its main core system and used it to operate the various things in the future. But it looks like china has a mode chance to accept bitcoin and recently bitcoin surge more than 30%.
I don't really know the development of crypto in India, but I think China can indeed accept bitcoin. I heard that China will make their own cryptocurrency, and because of this, I think China can again accept bitcoin as an investment tool, or something like that. I just hope that other countries also support it.

for now the price of cryptocurrency is back up, and bitcoin has a pretty high increase. although there is an increase in the price of altcoin can also be confirmed but I think the price of altcoin is rising due to the rising price of bitcoin.
legendary
Activity: 3108
Merit: 1029
October 25, 2019, 10:35:03 PM
#31
Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
No, I dont think so unless we have a good news that China and India has opened its door to cryptocurrency but i think it still need more time.
People are still focused on Bitcoin for now, The crypto leader needs to pave a way first in order for these altcoins to flourish.
Do you think both of countries will accept crypto easily? india and china have already stated if these countries are considering to put blockchain as its main core system and used it to operate the various things in the future. But it looks like china has a mode chance to accept bitcoin and recently bitcoin surge more than 30%.
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