No year of altcoins coming. All the big money is pouring into bitcoin. - page 6.

Greatdev

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Sovryn - Brings DeFi to Bitcoin

Quote from: Tekunda on February 20, 2021, 07:23:01 AM

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

It depends on the Altcoins you are holding, if none of the Altcoins you are holding are showing good sign then you are holding shitcoins all along, it's not too late you can sell now and buy better coins I recommend top altcoins like polkadot or chainlink

Onika84

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Making Smart Money Work

As I know, some ALTcoins have reached ATH fast. I think we will approach the altseason, but not this month or next month although most of the altcoins are increasing X5 - X10. Almost 2 years we're in bad times. I believe altseason will be launched 2 -3 months from now.

Claudio99

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Sovryn - Brings DeFi to Bitcoin

Money keep going into Bitcoin accepted, but altcoins are able to get this far because of Bitcoin and presently I believe bitcoin is still very bullish so there are still chances that bitcoin is still going higher which makes more room for better growths on altcoins, I believe altcoin season is already here

tycsols

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Quote from: Tekunda on February 20, 2021, 07:23:01 AM

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

looks like something big is on the cards for bitcoin because earlier today CEO of binance was also talking in a similar fashion and he also thinks that btc price can grow to one million but in that case alts will be big too so no worries and enjoy the ride.

Novatech8

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Sovryn - Brings DeFi to Bitcoin

Sigh! Human being and their unending desires, honestly what more do people want right now? All top altcoins have already surging higher than before, most have reach a new ATH already, if you aren't in profits at this time you are holding shitcoins

shinratensei_

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Quote from: Tekunda on February 20, 2021, 07:23:01 AM

at least not before bitcoin has reached one million.

That sounds like if you are feeling skeptical about that while the altcoin season already happened. It sounds very strange for me to see what you are saying as nothing happens with altcoins.
The reality has been proving the opposite thing dude. The majority of coins even shitcoins were pumped.
This time the bull trend is a bit different because the whole market gives a positive reaction.

Casdinyard

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The market is showing light to altcoin as well at this moment, and not only to Bitcoin. BNB as an example is now breaking new records, SLP and the new ones in this industry are also filled with green marks. There is no year for Altcoin alone and I guess same thing will go with Bitcoin. There's no year wherein it is only Bitcoin having a price increase. One is somewhat, not directly, linked with one another. The reason behind this, is that the market movement influences cryptos, not every crypto, and not one crypto alone. Also, price increase depends on the project or platform. A coin won't move upward if the platform is faulty or is not showing that potential.

oemar bakrie

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Judging from the development and interest in the market,altcoin cannot be the same as bitcoin and also factors like this condition prefer bitcoin without reducing risk..

akirasendo17

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Quote from: Tekunda on February 20, 2021, 07:23:01 AM

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

when bitcoin rallies altcoin also rallies it's been proven, like the year 2017 and mid-2018 is the year of crypto currency, and this year also, don't just look at the price, you miss out on the big development happening in altcoins, like polkadot and more, when you also look at the price since bitcoin price goes up slowly altcoins positions going up if you look at the coins who are up to during 2017 they are also up this year so alt season already happens.

matjas

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Quote from: Tipstar on February 20, 2021, 11:07:08 AM

I thought the same till last month as I predicted, people would be just exchanging between bitcoin and stable coins. But luckily, I was not right. Many altcoins have already achieved their new all time high along with bitcoin. The first few months, the bull growth was limited to bitcoin but at the moment, some coins are rising even more prominently than bitcoin.

Altcoins will always rely on BTC gains and they are just too tempting not to try your luck with. Everyone can read the graphs and see big potentials in quick buck from altcoin pumps. Why you think casinos are one of the most profitable businesses, because people are addicted to gambling and making quick gains.

RabbiTANK

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Quote from: Jawhead999 on February 20, 2021, 08:37:59 AM

Quote from: New_order on February 20, 2021, 08:12:23 AM

I'm not buying this point at all, all big money are pouring into altcoins and yet BNB turned 300$, all whales favour bitcoin accepted but polkadot grows over 1100% gains already, are you seeing avalanche? Neo? Compound? Bro the list goes on and on, a 1000% gain is a altcoins season for me

Another pump and dump scheme coin?
All of those coin you mentioned above is due to green market affected of Bitcoin bullish season.

I'm looking forward if Bitcoin will crash soon, does those coin will still goes pump like now? If yes, it's altcoin season, if not... like I said it just because of Bitcoin bullish.

You are not making any sense, it's certain that crypto price will crash at any time soon but what matters the most is making profit out of these altcoins or bitcoin itself, why would I want to hold on to a coin that has given me over 1000 percentage of profit? it doesn't make any sense just take your profit and be happy with it rise and fall is ceetain crypto space

Tipstar

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I thought the same till last month as I predicted, people would be just exchanging between bitcoin and stable coins. But luckily, I was not right. Many altcoins have already achieved their new all time high along with bitcoin. The first few months, the bull growth was limited to bitcoin but at the moment, some coins are rising even more prominently than bitcoin.

Fesatmas

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no altcoin years? well maybe that's precisely for altcoin every certain period. based on HYPE which is being developed. so everyone started spending their portfolio in bitcoin. But it cannot be denied that altcoin have a special place for us. To be honest, as small traders we can't reach the bitcoin price, so the funds we have are often invested in altcoin. even then, we have to look at the various sources and the potential for a very good altcoin. has good credibility and is managed by a professional team.

Cling18

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It's too early for us to conclude that it isn't a year for altcoins because the year has just started and there are still lots of things that are yet to happen. Yes, Bitcoin is on top right now and nothing can beat it but top coins are also striking high. Lucky are those who have chosen potential coins while it's still cheap because some of those coins have reached a good price these days.

Yogee

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Quote from: Tekunda on February 20, 2021, 07:23:01 AM

....But they do not and will not move, as all the institutional money is pouring into bitcoin.

How about Grayscale opening up ETH Trust and other alts https://decrypt.co/55881/grayscale-new-crypto-trusts
Try to take a look at the charts. More than half of the top 50 altcoins are outperforming BTC.

Quote from: Jawhead999 on February 20, 2021, 08:37:59 AM

.....
All of those coin you mentioned above is due to green market affected of Bitcoin bullish season.

This statement still confirms that money are also flowing into altcoins as opposed to the point of Tekunda.

The money trickles down from BTC since there are investors and traders buying altcoins in the hopes of increasing their bitcoin.

Maslate

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Quote from: Tekunda on February 20, 2021, 07:23:01 AM

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

Maybe you neglected to see the increasing price of some altcoins. Don't focus on shitcoins because you can't see them moving.

Anyway,
I know that many people are so tired of waiting for their altcoins to move high and seeing Bitcoin will give them some hopes but unfortunately, it gives no chance that their coins remain stuck. I was also having some (shit) altcoins and it was accepted for me that it doesn't have any room for this new ATH happening in crypto now.

bassbity

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to be precise for altcoin only seasonality, they will not last long. altcoin will go up if all investors want to take a break from bitcoin. whereas the fact is that currently institutions, investors are still focused and channeling all their funds to bitcoin. So I agree that altcoin is only based on the hustle and bustle of the market which gets the impact when the institutions and investors are bored waiting for bitcoin.

electronicash

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Quote from: Dave1 on February 20, 2021, 09:47:26 AM

Quote from: Tekunda on February 20, 2021, 07:23:01 AM

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

What do you mean? haven't you seen the meteoric rise of Ethereum as well? Or ADA? Or Polkadot? or even BNB? Time has change, even if bitcoin's dominance reaches $60% or higher, still altcoin market can be in the bull run as well. And then we have the whole defi as well, billions of dollars are being lock for staking. So I guess you need to look and investigate further before you claim that we will not see a year of the altcoins.

it meant one thing they want you to sell your altcoins. there are some besides ETH, a handful of them will make you rich still. i have been holding more than a lot of these altcoins for years and i saw them pumped before BTC hit $40k. there are more defi projects that just rise more than 10x, we didn't even heard of them but they were listed on CMC and can only be bought at uniswap which you will need more than $100 for a fee.

DoublerHunter

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Quote from: fenixosup on February 20, 2021, 10:00:27 AM

Some alts already shows x3-x10, even big ones. There always will be some money for alts

^ Definitely right, with the recent spike of BTC also altcoins do the same. I don't think traders or holders did not get profit on that, we know when BTC rises and altcoin will automatically follow. However, there is nothing wrong if investors will pour all their investment into BTC since altcoin will also have benefits on this. Just like ETH, do you think they don't grow altogether with other altcoins? Nevertheless, I don't have any comments on altcoins that have a pump and dump price, like what happened on DOGEcoin and XRP. But organically growth just because of BTC pump, there is, look at LTC.

fenixosup

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Some alts already shows x3-x10, even big ones. There always will be some money for alts

Topic: No year of altcoins coming. All the big money is pouring into bitcoin. - page 6. (Read 1066 times)