What is happening to altcoins in this bull season

devollito

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

This is not altcoin bull season, we are in the side way and creating new support for bitcoin market and the next move could be btc grabing marketcaps and make it to $100k, after the bitcoin bullish is finished we will see real altcoin season.

paxmao

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Even though there are good staking and yield coins out there, there is a problem with bulls: anything has to be compared with bitcoin and that is a difficult mark to break. After the halving it showed again proof o dominance and even with a general bull sentiment by all indicators, buying abundant coins with scarce bitcoins is a leap of faith.

bitcon

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If Bitcoin has started a bullish trend, then it will rise despite the negative news about it. At this time, you should keep yourself in control and hold on to the market to the last, and then calmly sell and fix the profits.

Altcoins will follow Bitcoin. Of course, large coins will show special growth, but coins with low capitalization will also show good results. Altcoins are performing well now and I think we will see even better performance by the end of the year.

WalkerIVIV

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In my opinion, Whales don't want to dump Bitcoin dominance in this moment. They still look at Bitcoin chart than Altcoins to play the market, this shows that top major coins haven't changed since Bitcoin corrected last month and made new ATH in this month.

Even I think many whales are interested with low cap coin to push the price, I see top 200 coins have made 2x from last month.

It's not true and did you see the dump that happened with bitcoin last week and it caused by the whales who were dumping his coin to the market and that created panic sell - off by the newbies.
The low cap can be pumped easily and the whales will always be dumping it back again to the bottom price after it already reached the target.
This is an old scheme that is still used by the whales.

Golftech

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In my opinion, Whales don't want to dump Bitcoin dominance in this moment. They still look at Bitcoin chart than Altcoins to play the market, this shows that top major coins haven't changed since Bitcoin corrected last month and made new ATH in this month.

Even I think many whales are interested with low cap coin to push the price, I see top 200 coins have made 2x from last month.

We don't really exactly know what whales are thinking and considering that there are many investors now

who also open to grab their opportunities, for sure they are all waiting for the great timing. We should continue

to work with our knowledge and keep following project that we are eyeing to invest our money, the chance that

alts will bring more bull movement is very much possible.

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Quote from: coin-investor on March 25, 2021, 12:00:42 AM

Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Investors are wiser now, they know that they can lose their investment because not all coins are worth investing, they know what to look on a coin that will perform better in the bull and the bear trend, and they know what works in the past will not work today, they know it's a different scenario now.

I guess the correct term of investors now is not "wiser", it is knowledgeable enough. Knowledgeable in terms of how they can see the bull season will be. How it affects the value of each Altcoins. How they can get profit on their investment and many more. They all have those confidence in all the happenings because of the knowledge they have and through there past experience. It may not be the same happenings but imostly the same.

TastyChillySauce00

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Quote from: aryana42 on March 07, 2021, 06:20:46 AM

Do you think people will be interested in the concept of the new project? because currently projects that rely on the concept alone will not be glimpsed by investors and will not be liked by everyone if the team's performance is slow and does not have good development, unless the team really builds and executes the concept very correctly.

People still interested in a good concept of a new project only if they can be rest assured that the project gonna execute the concept succesfully and one of many way to know whether a project could do what they promised is to see the people behind the project. That's almost always the case when it comes to investors trying to choose project as I've observed, even if your concept is good, no one gonna bats an eye simply because they consider the project that has no famous people or big VC behind it as empty words.

killerfrost

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During this altcoin bull run we saw a completely different market from 2019. Right now we see more and more big players entering this market, and that's it. The reason the whole market is currently having a good growth, this time when the market participants basically understand a part about it, it will be difficult to see the phenomenon of rushing in. a coin that drives it as insane as it used to be. We will see slow and steady price increases, and only legitimate projects can hope to survive in this market, and we are also less likely to encounter scam projects.

coin-investor

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Investors are wiser now, they know that they can lose their investment because not all coins are worth investing, they know what to look on a coin that will perform better in the bull and the bear trend, and they know what works in the past will not work today, they know it's a different scenario now.

bluebit25

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Quote from: gabbie2010 on March 24, 2021, 10:35:41 PM

There are more numbers of altcoins now compared to 2017 when altcoins enjoyed massive pumping as a result of surge in the price of Bitcoin.
Today in the market we have all sort of pump and dump altcoins derived from DeFis, BSC etc the developers are in the market to make quick money without following the project roadmap and a lot of investors has a mindset of earning quick profits also thus the hampered the progress of those altcoins in term of price which wouldn't align with that of Bitcoin.

It's a risk, but I also see opportunities in it. It would be great if you could bring in a lot of profits from projects related to DEFI, BSC, NFT,.... Market trends will always appear to attract more sources of money. For new investors, unlike the period before when the market only appeared from small investors, the current situation was different since investment funds, large organizations and companies continuously made public revenue to buy bitcoin, the repeating historical story will have to change. There is no such thing as massively pumped and up to a few hundred times as before, the altcoin situation is still influenced by bitcoin's trend, so we won't be able to see crazy growth as before for altcoins.

gabbie2010

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There are more numbers of altcoins now compared to 2017 when altcoins enjoyed massive pumping as a result of surge in the price of Bitcoin.
Today in the market we have all sort of pump and dump altcoins derived from DeFis, BSC etc the developers are in the market to make quick money without following the project roadmap and a lot of investors has a mindset of earning quick profits also thus the hampered the progress of those altcoins in term of price which wouldn't align with that of Bitcoin.

litepool.ru

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Quote from: cyriljundos on March 24, 2021, 10:17:55 PM

now is the time to buy more legit altcoins in bullish season, maybe you can earn more percentage if you buy now. buying in the low price would be good and probably sell it after a month or two. choosing the right coin to buy and joining telegram groups about coin announcements.

Surely this is a good opportunity to buy low-priced coins and wait for the price to rise. But personally I run out of money to be able to buy more coins that I love, maybe wait until the next 15 months to deduct a portion of my salary, hopefully until then the price is still good enough, so i can buy more.

cyriljundos

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now is the time to buy more legit altcoins in bullish season, maybe you can earn more percentage if you buy now. buying in the low price would be good and probably sell it after a month or two. choosing the right coin to buy and joining telegram groups about coin announcements.

perfect999

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

I’m really surprised too, I expected a lot more from some of these altcoins, especially Ethereum is what I have been looking forward to have a huge run this year after Bitcoin has reached up to the price of $50,000, but it never happened at all, rather Ethereum has been around $1.5k price and has just been going around that level without making further progress.

This is the only coin I expected to do something more this year, I have thought that Ethereum will experience huge increase this year, but there have been some other smaller coins in the market doing better. But anyway, I’m still good with how far it has gone from around hundred dollars to the current thousand dollars price.

mirgo1791

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more of work from developer that have with returns on consequence as the drawing of chart with the market, the investors to follows direction on reference with the figure of trend to secure of decision on closing with good returns or to rescue plan as not to fails of the deeper.

BaeSuzy

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Ya agree with that. in this bull season even the shitcoins can pump so hard. But if you think to invest in the shitcoins like the new ALTS (i mean), better you carefull. Better we just stick in top coins (top 100 CMC).

tvplus006

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Today's cryptocurrency market has completely changed and is not like 2017. Institutional investors, who are mostly interested only in bitcoin, have entered the cryptocurrency market. It is BTC that enjoys the maximum confidence among investors and this distracts from investing in altcoins.

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Quote from: electronicash on March 06, 2021, 01:41:27 AM

you see the price of bitcoin going up but it doesn't really have an impact on the other coins I mean shitcoin won't have a crazy rise like yesterday's bullrun they will go up if the project deserves to go up.people get smart and choose the good one project.
no more funny project will be invest in longterm, or expecting raise from bullrun.

The shitcoin gets pumped due to the short term trend but it will be dropping again, The whales were trying to use the profit to pump the shitcoin.
Bitcoin bull trend is bringing the bullish trend to the whole of market and there must not be an exception for the shitcoin too.
The bullish can sustain for long term when it comes to the strong fundamental but shitcoin didn't have strong fundamental that can make it price sustain even longer.

shantos carora

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Altcoins have typically rallied behind Bitcoin during bull runs in the past, but there are lots of innovative altcoin projects that have the potential to outpace the growth of Bitcoin in the coming years.
The growing interest in cryptocurrency from retail investors and the adoption of new crypto models from financial institutions has created the perfect environment for this to happen.

lobo13hf

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not the same and it will be different, you see the price of bitcoin going up but it doesn't really have an impact on the other coins

In fact, when you are seeing the big gainers and loosers on CMC and there are lots of shitcoins being pumped. Some shitcoins were growing from zero value to the a few cents or less in a short time.
that means the bullish trend is still having a very big impact to pump the garbage coin to the moon. The shitcoin can be used as a pump and dump coin only.
it's not worth to be used as long or short term investment.
Just try to tell you based on data that provided by CMC

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ?

Not all altcoins have benefited from bitcoin's bull run but is it necessary to know how many of them got in?

Quote from: Daodex on March 03, 2021, 03:03:25 AM

In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Don't compare this great bull run from that year. It's entirely different and this is all about bitcoin and a few alts that have made its run as bitcoin rallies.

aryana42

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Bitcoin has dominance of the market for more than 60%. That is why the price of altcoins depends too much from the price of Bitcoin.

I think that project must be useful for people to be in demand.

There are ecological projects. Here is written how it is important to protect a nature https://moss.earth/blog/ and what have already been done.

I think that the demand in ecological projects will increase because the planet realy needs in protection and many people start to understand this.

Do you think people will be interested in the concept of the new project? because currently projects that rely on the concept alone will not be glimpsed by investors and will not be liked by everyone if the team's performance is slow and does not have good development, unless the team really builds and executes the concept very correctly.

Dave1

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Quote from: virasisog on March 07, 2021, 05:39:32 AM

Investors now are wiser compared to last 2017 bull-market. They look for altcoins with use cases and working product, unlike before where investors just jumps in whenever there is FOMO. Some altcoins are now not affected that much by BTC movement, ADA stayed at $1 even when BTC correction happened, DOT now plays arpund 30$ish if there are corrections. I guess there are more holders now compared to before.

ADA was continuing to rise even if bitcoin is going down because of a lot of updates, but I think BTC has still some correlations with altcoins. But I agree that investors have matured, become wiser and not just throwing money in the market because of FOMO. Now they've study the market's movement, invest on projects that is good and has the potential to disrupt the market in such a way that the price will rise, just like ADA and DOT right now.

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

The existence of all altcoins other than bitcoin is unthinkable. So it is safest to invest in Bitcoin when you have to. Why would we risk our precious money to invest in altcoins other than bitcoin. I think that's why investors are investing less in Altcoin. As a result, the pumping of Altcoin is not as much as that of Bitcoin. Again some of the good quality coins of 2017 are now on the verge of almost dying. This may be one of the reasons why Altcoin is not being so pumped.

virasisog

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Investors now are wiser compared to last 2017 bull-market. They look for altcoins with use cases and working product, unlike before where investors just jumps in whenever there is FOMO. Some altcoins are now not affected that much by BTC movement, ADA stayed at $1 even when BTC correction happened, DOT now plays arpund 30$ish if there are corrections. I guess there are more holders now compared to before.

hahay

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I just think this is a change happening in this market and of course about altcoins because although not all altcoins are getting the pump and hitting their new ATH, at least there is still some interest for real investors to support the altcoins they are interested in. Therefore, long before this happened there were at least a lot of users who recommended spending your money only on top and popular altcoins and it is real and it is happening in the bull season this year.

aioc

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Investors have learned their lesson, even new investors are aware of what happened in 2017, investors look for the history of the token/coin and their platform, and if it's not gaining support, they are not going to invest, and with so many coins in the market, they only follow whales and community feedback, it's hard for a new coin to take off and compete, even if I am late I will only invest on new coin/token that has proven themselves.

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Altcoins are not moving yet like 2017 because unlike 2017 where btc peak was 20k this time around the peak is expected to be around 200k to 300k so wait for that peak and after that you will see alts pumping to mars so you still need to hodl and wait to see real gains.

Some altcoins can increase the price to the high price, but altcoin needs more time to be like 2017 because bitcoin price is not back to the high price. But I am sure that it is just a matter of time that will increase the altcoin. If you have altcoins, you need to wait for more and try to use the situations to profit. Even if the profit can not be bigger, that will give you a chance to accumulate your profit in bitcoin or USDT. The pump will come again at the market, and you can hope that one or more coins you have can get that pumps.

shoreno

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the numbers can possibly be counted because they arent too many unlike to 2017 where you cant count them manually because even the shittiest kind are not exempted in the bull .

i know its a bit upsetting because we have twice the price of btc now but less effect but if you can take the time to check the historical prices of cryptos , you can see that their prices are not consistent every year . idk if they work in a pattern or not , its hard to tell .

isaac_clarke22

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

~

Because shitcoins will remain shitcoins, OP.
Don't expect shit to turn into gold or anything that has value. They're meant to be dumped by a lot of investors overnight because they aren't for long-term investment.
After the hype, these shitcoins will just fade away to existence. Not to mention that devs will do an exit scam one day in those shit projects.

Lantind

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looks like it will happen again, altcoin season will happen in March. that is what many people have been waiting for. I myself can't wait for that moment. I have prepared the capital to trade during the altcoin season.

How can you be so sure that this March Altcoin season will happen soon? because what I saw at the beginning of March was only a corrective market and the increase in the price of the coins was only visible and did not last for a long time.

electronicash

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back in 2017, its bullrun was derived from ICOs where investors are just investing in coins and then expecting high returns. the difference to what goes on to the bullrun today is that investors are now wiser. now if you are still hoping the old coins that skyrocketed the last bullrun will also perform the same way today, you could be holding lots more of the shits that needed to be dumped.

makishart

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Quote from: Momoamzad on March 04, 2021, 04:33:45 PM

I think altcoin will be fly like bitcoin. Even altcoins are pumping and the result the market vol. Is increasing day by day. People are more interested in altcoin . They get more profit with a short period. In this bullrun altcoins will also run with bitcoin

When bitcoin will be going to the moon and altcoin too. The direction of altcoins will be decided by bitcoin. I think that you must aware about this dude.
Altcoin can't run without bitcoin and bitcoin must be going to the moon before altcoin can go along with bitcoin too.
More and more utility usages already developed on altcoin and that makes a lot of people feeling interesting.

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I think it is because we are still not in big Bullrun. We are actually in the progress to go big Bullrun. All crypto coins should have their chances to soar in the Bullrun, but now it is not happening. Even, we are still not in altcoin season yet, so be patient to wait for the real Bullrun to happen this year. I trust in people saying optimism in the crypto market this year, while other pessimism in Bullrun is just a trap to make people selling their coins cheaper.

We are already in the Bullrun, ETH and the rest of potential altcoins are in the surge now but if we are talking about seeing those shit coins/project will respond the same, not anymore.
We don't need to have a BIG Bulrrun as you said, it won't make sense if that only a reason why we have to lose. 2017 Bullrun is enough for us to think and realize that there is no need to have that situation because mostly it happens that was a trap.

Ridwan Fauzi

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

You can't make it the same, crypto currency investor has been learning many times especially when they choose altcoin for their investment place. Also, instutional investor is more prefer to choose bitcoin as their investment place because bitcoin is more popular than altcoin.

But, there is some altcoin especially DeFi token. DeFi token is like ICO 2017 ago, their price movement is so impressing like UNI, YFI and LINK. I guess for those who bought DeFi token before booming they will get a lot of profit. As an example, for those who got UNI airdrop they will get a huge money from it.

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

In my opinion, 2017 is the rise of a trend that new users do not really know, along with the popularity of ICOs consistently. This year the bull run lasted in a more special way. But importantly, some of the major institutional investors are starting to bet heavily on bitcoin.
Community awareness and knowledge are increasing. They are sober enough not to make the same mistakes when going into shitcoin. By IEOs, IDOs can be advanced changes for which altcoins have little chance of price increases like 2017.

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

because the bull in 2017 and now is different, a lot of people already learn from the past,
so, shitcoins will not pump hard, wich mean only a good and reliable altcoins will grow in this bull run buddy

People I guess, are smarter now. Not all alts can increase their value without reason. If it is only a pump and dump coin, don't expect too much from it. Users are now checking the actual use case of the project, though there are still some who are carried by the fud. But still, many can already pinpoint if the project is a crappy one.

MarcoReus11

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In March month Crypto Market goes down. Definitely, Alt-Market also goes down.
So guys it is not the right time to invest in the crypto market
e.g Bitcoin(BTC), Alt Coin because in this month Crypto Market goes down So Everyone becomes aware.

tygeade

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

That's because earlier the Bitcoin market was huge and the altcoin market was a mere shadow and smaller in size as compared to now. Today, the Bitcoin market is massive but also the altcoin market has grown with so many news tokens being made on the Ethereum and other blockchains along with so many coins coming into the market. The market cap is humongous now and hence one market doesn't influence the other too much.

It can be understood as mother (BTC) and son (ALTS). Earlier when the baby was inside the mother, if you feed the mother, the baby will also grow accordingly but now the baby has come out and grown himself so he doesn't need help from the mother for his growth, although doesn't mind it either. Now its growth is dependent on what he does of his own and isn't defined by his parents.

GrosWesh

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Lot of alts are doing wonderfully well ! However, we can read left and right 'alt season' is coming Roll Eyes

I think we should stop using that alt season term. It took place in 2017 and now everyone is expecting the same thing ... except that ... instead of waiting it would be better to realize that some projects (and many !!) have been pumping for months ... When some will realize it it will already be too late.

Momoamzad

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I think altcoin will be fly like bitcoin. Even altcoins are pumping and the result the market vol. Is increasing day by day. People are more interested in altcoin . They get more profit with a short period. In this bullrun altcoins will also run with bitcoin

k@suy

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Quote from: fia_naila on March 03, 2021, 02:37:03 PM

From my experience altcoin season is not coming yet, altcoin season usually comes after bitcoin bullish season finiahed then many bitcoin holder will cash out or playing with his bitcoin. Yhen yhey pump the altcoin so they can get more hitcoon. Only few altcoin will survive. Maybe sovryn is one of them.

I think this is the right time for alt season now, we're now in alt season , bitcoin recover from its dump last time and as we can see some coins now recovered but some aren't so let us wait, altcoins will pump now this happen every year during end of Q1 to Q2 altcoin pumps, better to see the charts as well, by now the most improving coin is BNB maybe because of its bsc that's why it is hype now.

deathcode

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Quote from: Cling18 on March 04, 2021, 11:27:30 AM

2017's bull run is too different from the bull run that we have right now. Shitcoins wouldn't rise again because investors have learned to trust potential coins only so online good coins are pumping these days. Most of us have learned from the previous bull run and we all know what to trust and where to invest so I guess this year isn't for shit coins anymore because most investors are wiser this time.

but the truth is that there are still plenty of people following the hype of the new, fast-moving altcoins in the market. many complain of being caught up in these investments or trades. but hopefully, the project will last long.
as a whole, this market investors already understand how to choose investment assets that have a very small scam risk. but interest in new assets is inevitable. New assets always offer fast trading and profits in a short period of time.

Cling18

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2017's bull run is too different from the bull run that we have right now. Shitcoins wouldn't rise again because investors have learned to trust potential coins only so online good coins are pumping these days. Most of us have learned from the previous bull run and we all know what to trust and where to invest so I guess this year isn't for shit coins anymore because most investors are wiser this time.

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Don't compare the situation we have this year to the past, for the reason that we are changing by now. People are learning from past experience, developers also enhancing their projects.

If we could see, there are no such hypes last 2017 that it happens this time. That is a huge factor that we are not going to see an altcoins bear season rather than seeing only potential coins do the rally accompanied to the Bitcoin spike. If we are not seeing again those days, I don't think we feel bad, that much better than being caught with the trap.

chaoscoinz

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I think that whenever Bitcoin decides to move, many other altcoins follow within it's footsteps. A lot of people can't seem to quite grasp this concept and it is a real debacle when you think about it. Bitcoin is the founding coin and is the strength and support that other cryptocurrencies need to thrive. SO to be honest, in a sense, Bitcoins life directly effects that of other coins, eventually some coins do break off and go in theri own directions, regardless of Bitcoins influence, which in this case is very heavy.

ukw

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Analysts say there are strong signs that the altcoin season is just beginning.

They give the Average Directional Index as the most obvious sign that the altcoin season has not yet begun. ADX is a trend measurement tool that also includes two lines with a directional pointer.

The ADX indicator has dropped below 20, which suggests that the prevailing trend is over and a new trend is emerging.

At the same time, the red DMI has completed a bearish crossover, signaling that sellers already have control - or in this case, altcoins will take over Bitcoin.

sammy21

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some of the top market altcoins have got another ATH. some altcoins are gaining popularity like DOT. some new tokens are also getting a good pump after some development. such as CATT, AME, and ARCS.
Most of the altcoins on the market during this bull market this year are really well-positioned.

Luffygroove

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I always believe after bitcoin got it bullrun season, there would be bull season for altcoin following. Bitcoin bull season is a time where we can invite many new adopters which would learn about crypto world more. So, I believe 2021 would be a good year for altcoin. Besides, it won't be interesting without altcoin movement isn't it?. Many new technologies arise and project compete to be the best in utility. They're trying to be the solution of nowadays issues. 2021 would be interesting year, no doubt about that.

el kaka22

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I do not get how people do not realize what is going on with the alts during the whole year, like they have increased insanely over course of past 500 days or so, and people are thinking just the recent weeks or something? Because reality is that if you check on dollar value, bnb was about 20 dollars or so, it reached to 340 dollars, that is 17x increase in dollar value, how could you say that altcoins are not doing anything?

ETH was around 140 dollars or so and right now that is 11x higher, and there are tons of others that I could name right now but I really do not want to create a whole lost, go to coinmarketcap and check the past 1 year and you will see how much they increased as well. Most altcoins increased as much as bitcoin and some increased even more as well. This is why I think it is obvious that we already had an alt season and anyone who didn't see that would be expecting something that will not come.

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Quote from: Coin_trader on March 03, 2021, 11:45:37 AM

Quote from: michellee on March 03, 2021, 11:34:50 AM

Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

We will see that will happens, but we need to wait for a while because bitcoin seems not over yet. Some altcoins are already pumping so high, although the price does not reach the last time ATH. So altcoins will have a chance to increase more than now, but you need to be patient, as I said before. The altcoins' progress to rise is on the way, and some old coins already rose so that the other coins will follow increase.

I believe you guys are focusing too much on altcoin value in BTC and not on Fiat(USD). Most the altcoins reach/surpass already there all time high in fiat value. You need to consider too the quantity of altcoins existing nowadays compared during 2017. There is a lot of coin to be pump that's why the percentage of price growth is very limited compared on 2017.

But I think that altcoins can increase more than now, no matter if the price is in bitcoin or fiat. But we can not expect to see the altcoin increase quickly as everything needs time before what we want can happen. Maybe that coins can increase in USDT, but in the bitcoin, the price does not yet increase, so I think that still have a chance for the coin to have that time.

fia_naila

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From my experience altcoin season is not coming yet, altcoin season usually comes after bitcoin bullish season finiahed then many bitcoin holder will cash out or playing with his bitcoin. Yhen yhey pump the altcoin so they can get more hitcoon. Only few altcoin will survive. Maybe sovryn is one of them.

Review Master

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Maybe bitcoin isn't stopped yet to take a break from its bullish rally and that's why altcoins aren't pumping. Also, alt season might not happend if there aren't so many newbies who are getting themselves into fomo to buy any shitcoins and do mistakes. As previous alt season was happened because some users did mistakes and pump every altcoins being into fomo and the same type of users are needed to enjoy alt season in 2021. TBH, number of that type of users aren't in huge numbers and we're just on the mini alt season. So, wait for those to do mistakes so that we can enjoy the alt season.

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Ethereum is an altcoin and just like Bitcoin it has hit above it's previous ath, the thing is, the BTC bull isn't reflecting on lower altcoins like it was in 2017 cause there was prolly more influx of investors in the altcoin network back then, investors made pretty easy money from ICO's and the rest, all those factors caused altcoins to rally high with Bitcoin.

Having said that, atm, it's a pretty much different thing in the network, investors are wary of altcoins cause of how prevalent scam is, all these have reduced the community of investors for most altcoins, so as Bitcoin spikes, only good altcoins like ethereum can follow it's rise.

Lordhermes

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

That's exactly what had been discussed earlier this bullrun period, let's explain from the aspect of demand and supply factor, in the recent time there is higher demand in Bitcoin by so many newly developed institutions thereby causing high spike in Bitcoin price all the time, far back to 2017 bullrun, every coins follows up the bullrun, because whales and other Market manipulators finds a way of making alot of profit by pumping smaller coins, but this case of current bullrun, markets are strictly affected by demand and supply, and Bitcoin experience most of the market factors.

Coin_trader

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Quote from: michellee on March 03, 2021, 11:34:50 AM

Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

We will see that will happens, but we need to wait for a while because bitcoin seems not over yet. Some altcoins are already pumping so high, although the price does not reach the last time ATH. So altcoins will have a chance to increase more than now, but you need to be patient, as I said before. The altcoins' progress to rise is on the way, and some old coins already rose so that the other coins will follow increase.

I believe you guys are focusing too much on altcoin value in BTC and not on Fiat(USD). Most the altcoins reach/surpass already there all time high in fiat value. You need to consider too the quantity of altcoins existing nowadays compared during 2017. There is a lot of coin to be pump that's why the percentage of price growth is very limited compared on 2017.

michellee

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

We will see that will happens, but we need to wait for a while because bitcoin seems not over yet. Some altcoins are already pumping so high, although the price does not reach the last time ATH. So altcoins will have a chance to increase more than now, but you need to be patient, as I said before. The altcoins' progress to rise is on the way, and some old coins already rose so that the other coins will follow increase.

FloridaKid

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Just like I predicted, many projects won't benefits from bitcoin bullrun because they don't solve any problem in crypto space and their coins and tokens aren't adopted, also investors know understand why they must accumulate strong tokens and coins only, don't expected any pump if you are holding shitcoins

Johnyz

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Have you watched the whole trend in the past 2 Months? If not then try to look at the good altcoins, almost all of them made their new all time high and that’s good because they are following the trend of Bitcoin.

You have to understand that not all altcoins are good and equally created, some just design in this market but those with a real service and product will always go up and follow the market trend. Bull market in 2017 and compare in 2021 are totally different, let’s not compare it that much.

X-ray

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Quote from: ?? on ??

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

True, People can earn more benefits from the defi and they can also use NFT as their collection. The majority of defi and NFT already got the momentum.
The bitcoin bull season is also pushing them so hard to reach the new ATH. The majority of NFT and defi project already gained more than 3x from the ico price. That's crazy and even some NFT like flow gained more than 200x ROI.
That's proven how crazy the bullrun that is happening right now.

triat

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Quote from: danherbias07 on March 03, 2021, 06:18:02 AM

Stablecoins happen. Cheesy

Before Bitcoin sellers would sell it for altcoin and vice versa.
That is why it keeps on moving non-stop at both end. Alts and BTC.
But, when stablecoins hyped because of the easiest and fastest way to trade with lower risk, traders begin to use it more leaving the altcoin industry with low volume or nothing.
Right now, when you sell BTC, will you sell it for an altcoin associated with high risk?

it is true, most of their friends farm for stablecoins, not for altcoins, because the risks of creating liquidity pools for stablecoins are very high)

danherbias07

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Stablecoins happen. Cheesy

Before Bitcoin sellers would sell it for altcoin and vice versa.
That is why it keeps on moving non-stop at both end. Alts and BTC.
But, when stablecoins hyped because of the easiest and fastest way to trade with lower risk, traders begin to use it more leaving the altcoin industry with low volume or nothing.
Right now, when you sell BTC, will you sell it for an altcoin associated with high risk?

Jating

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Quote from: casperBGD on March 03, 2021, 06:08:21 AM

Quote from: ?? on ??

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

yeah, DeFi and NFT are mostly up, with BSC chain additions up as well
one cannot expect that all tokens/coins hit new ATH, especially those that have no value nor development, such as XRP or EOS, that are still hoovering on 10% ATH at the moment

new times, new hunts, just be careful not to be left out in those that are one-shot wonders, and there will be a tone of those in this bull run, as always

ADA, DOT BNB to name a few, those are solid coin to begin with, so no surprised that they enjoyed the crypto bull run late last year and starting this year.

And then we have the whole staking, Defi and now NFT, so obviously, there are a lot of money flowing into the eco-system. And as the market evolved as well, so is where the coming is being pour Forget about shitcoins, they won't enjoy the support of altcoin investors in this current set of rally, very different from 2017.

casperBGD

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Quote from: ?? on ??

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

yeah, DeFi and NFT are mostly up, with BSC chain additions up as well
one cannot expect that all tokens/coins hit new ATH, especially those that have no value nor development, such as XRP or EOS, that are still hoovering on 10% ATH at the moment

new times, new hunts, just be careful not to be left out in those that are one-shot wonders, and there will be a tone of those in this bull run, as always

cryptomaniac_xxx

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

First, investors have matured already, specially those who are here in 2017's altcoin rally, they've learn that most of them are just for pure pump and dump. Second, the money is still in bitcoin, just look at the price, Third, if there is a altcoin rally, majority are just in the top coins only, no rally for shitcoins, unfortunately.

Flowzer

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Many of altcoin benefits from this bullrun, especially coin which have great news and events at that moment.
But yes still many coins too didnt get their chance to be rising, EOS even didnt achieve its half of ATH at this time.
I believe that bull/bear seasons will not like before where its really like a flipping coin, nowadays bull/bear can happen more frequently take turns.

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Quote from: ?? on ??

What i noticed is, DEFI and NFT mostly boomed this bullrun and only a handful of altcoins really followed the price increase.

Not all DeFi projects are booming too, it's just as if investors know where to put their money now compare to past years and fortunately this is a good thing overall, once bear market starts many shitcoins will seize to exists

gurunanakji777

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Altcoins are taking time but you must understand the current bull market is different from the past bull run. I don't think this time one should expect shit coins to rise. If you see the top altcoins they all are moving well and so that we can not say altcoins are not moving and you should see the market from a different perception. Good potential altcoins are rising.

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Now things changed a lot. People are more careful now. They try not to invest in random altcoins and wait to yield some profit. Although still there are such people investing in 0.000001 valued coins and waiting for them to double. Still, there are some altcoins that pump and dump on the same day but not as in 2017. Cryptocurrencies seem more mature and planned now.

CryptoATM

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If what you are referring to is the almighty pump of shitcoins it's never going to happen again, look at coinmarketcap all popular and useful altcoins are pumping in value, here is what I expect once this bull season is over

Many coins are going to die, especially shitcoins, they already failed to pump and it will worse for them once bear market starts, this is the beginning of the end for shitcoins

Lagduf

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All of the legit coins already got a lot of benefits from the bitcoin bull run but it's not only that so many parties are starting to consider altcoins too. You can see so many big companies starting to join in the various altcoins.
I will take flow as an example and so many big companies joining its ecosystem and start to use NFT item.
Dude, did you see that altcoins have been growing a lot? Shitcoins will never be pumped again at least not for this time.

HashingTower

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That's exactly what I expected, 2017 bullrun was like a blinding veil for many crypto newcomers, they pumped money on shitcoins and the old holders made the biggest gain, now things are a lot different, people finally now understand the difference between projects with real use cases and nonsense coins

cryptoaddictchie

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Quote from: Daodex on March 03, 2021, 03:03:25 AM

We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Because altcoins now have different perspective and also those pumped can be considered only as bubble unlike now that the pump is natural one. I like the way how it pumped now since its coincide with the market and not just totally rely on bitcoin movement. But of course still affects it. Since bitcoin has been paired by majority of altcoin and pegged to the value of altcoins too.

Daodex

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We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?

Topic: What is happening to altcoins in this bull season (Read 690 times)