Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Shahinaz on November 07, 2019, 03:07:21 AM
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After a long downtrend that spanned the entirety of 2018, the cryptocurrency market has been increasing throughout 2019. However, the Bitcoin price has increased at a faster rate than most altcoins, delaying the initiation of an “altseason.”
Altseason is a term used to indicate a period in which the majority of altcoins post remarkable increases.
Many people have been speculating on when this possible altseason might begin. If we make a prediction based on the 2015 movement, alts will begin to increase before the end of the year.
more : https://beincrypto.com/altcoins-have-reached-the-point-of-maximum-financial-return-says-analyst/
what do you think about this! let's discuss
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The end of 2019 does not guarantee an increase in the price of the altcoin like the end of 2018.
Altcoin price movements are not like 2015 and 2017 because there are many new altcoins now that make investors buy new altcoins and hold them for a long time, Bitcoin is always an option because many community members and holders hold these coins for a long period of time long time, they will set prices according to their wishes and for traders who want to have BTC, they will buy according to the price of each exchange
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Well that's good news to all Altcoin holders, But i don't know which one to believe since there was too many so called analyst that predicting the fate of altcoins, Well let us see what happens next! Since i don't believe in the most of them including their predictions that ending up nothing.
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I think no one can predict the what will happened in altcoins but knowing there is gonna be no more altcoin is a great loss also in the market just in case SEC plan to shut down all illegal coins and tokens that operating without following the rules. What I'm confuse is, about the countries who arent secluded in the SEC law. There are countries embracing crypto such as Malta and many more, will SEC dissect them as well? Hopefully some countries not be toyed with SEC biased and selfish decision towards altcoin market.
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Each year in cryptocurrency is not like the rest of the years. Recently, we have been very worried that in the second quarter, when bitcoin grew almost four times in price, altcoins rose in price very slightly. However, the last rise in bitcoin by two thousand dollars in just two days caused both good growth and altcoin prices. So, I think that everything will be fine with them. You just need to wait for the general rise of the cryptocurrency market. Well, and with this so far complete uncertainty. The cryptocurrency market can begin to grow at any time, or maybe only next year.
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November is ending, and a little more than a month remains before the end of the year. However, while the cryptocurrency market does not show signs of growth. Moreover, the price of bitcoin today fell even slightly below eight thousand dollars. It is interesting that even in this situation, some tokens grow well in price. However, in general, altcoins continue to lie after the price drop of bitcoin. It is still difficult to say what will happen to the market by the end of the year. While we hope for the best.
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You can’t believe to anyone and we ourselves have well seen that altcoins have been falling in price for 2 years in a row and this is of course very bad, but maybe next year everything will change and the growth of altcoins will begin, I hope so ...
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The end of 2019 does not guarantee an increase in the price of the altcoin like the end of 2018.
Altcoin price movements are not like 2015 and 2017 because there are many new altcoins now that make investors buy new altcoins and hold them for a long time, Bitcoin is always an option because many community members and holders hold these coins for a long period of time long time, they will set prices according to their wishes and for traders who want to have BTC, they will buy according to the price of each exchange
You're right. Looking at previous years is not necessary. Now in the world of crypto it has become completely girlfriend and it is not necessary to wait for the bulls to come at the end of this year. Because it is unlikely to happen.
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Although cryptocurrency is developing cyclically, the majority of technical forecasts still do not work. Altcoins now really cause our concern about their price. However, I think that this problem is not in the altcoins themselves, but in the price dominance of bitcoin. The market itself is capable of solving this problem over time.
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Now altcoin prices are being held back artificially by the price dominance of bitcoin. And for almost two years now. Therefore, it cannot be said that altcoin prices have reached their highs. I consider this a very big drawback of the cryptocurrency market, which in the future should definitely disappear.