Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on December 19, 2020, 06:24:45 AM
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As of now, there is no question that Bitcoin is really soaring into the "moon" and many are expecting that more can be coming as the days of 2020 are winding down and we are excitedly waiting for the start of year 2021. However, we also understand that most of the altcoins -- at least those in the top 20 I guess -- are not getting their share of the actions and in fact some are even retreating.
I heard someone opined that unlike 2017 where the bull run was due to the retail buyers -- maybe referring to ordinary guys like you and me -- this time around the bull run is due to institutional interest and sadly not so many in this source of money are really interested with altcoins except perhaps with Ethereum.
So, should we expect the same kind of altcoin movement in 2021 or will there be the so-called Altcoin Season -- the time when altcoins are getting the limelight?
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I think the altcoin season will start in 2021. But I myself do not understand why it does not start now, because Bitcoin is growing, and usually if Bitcoin grows, then prices for altcoins rise.
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I won't even be that worried for those top coins, we know that once BTC slows down, that's when these altcoins will start to rise up. I have a feeling that especially ETH will start pumping next.
Regarding long-term performance, you can see from coins that are doing continuous progress despite being the space for so very long. Everyone thought that ETH will pump up after the ETH 2.0 launch but it didn't, you just have to be patient, similar to coins that are doing the same thing (continuously making progress) like NAV. It's currently at 500th on CMC but you can see it slowly getting back up and getting on in the front seat from their AMA with Binance (https://twitter.com/binance/status/1334135235802329091?lang=en).
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Agree with you this bull run is little different but many alts already spiked even 10X, as always we have seen the biggest movements in the low and micro caps.
The top 100 is going up and down now but the last months many of them also spiked significantly.
Still when only BTC and ETH stop to move forward people will relocate their profits to alts.
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Throughout 2020, altcoins also grew very well in price and brought many investors a good profit, I also think that good growth of altcoins is also expected in 2021, and therefore I invest as much as possible in altcoins in order to get an excellent profit in 2021.
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I think we have to remember that the "DeFi bubble" in summer meant that projects needed to correct 80-95% after 10-100x gains, in order to retrace at mnimum 50% of the gains from summer. Most projects appear to have met this requirement, others still have more value to lose it seems. Bitcoin now looks overvalued after being overbought for several weeks, altcoins continue to look cheap with some considerably oversold. Btfd comes to mind.
I'm otherwise still hopeful of another alt season starting at the end of the year, or early next year. To me, altcoins are still due a bounce against BTC at least:
(https://www.tradingview.com/x/5m3UEmoS/)
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I think we should not worry so much about altcoins bull run. The year of 2020 is not yet over and bitcoin is not dumping. In fact you can see bitcoin price that seems cooking something. It didn't decrease lower than $22,000. I smile something is going to happen next few days.
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Altcoin session, maybe not this year, could be in early 2021, the surprise for the millionth of crypto is increasingly intriguing every owner, altcoins have not moved because they are overshadowed by defi projects that are increasingly blooming but believe that altcoins will also follow bitcoin to go to the moon
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Many of us in the market expect bull runs. But I think throughout the year, bull run is happening. Because the price of every coin in the market is increasing a lot. So I think most of the coins in the market are in good condition.
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Actually running bullrun only for two coins bitcoin and Ethereum but not others cryptocurrencies. If we see the others cryptocurrencies market then we can easily understand the bullrun effect. So we can call 2020 bullrun only for 1 & 2 .
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It looks like altcoins will go up for a month in the middle of January 2021, I'm not sure all altcoins will fully go up, but if you look at the current trend, altcoins are still waiting for a correction in the price of Bitcoin because investors will choose altcoins after getting profit from selling Bitcoin
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As of now, there is no question that Bitcoin is really soaring into the "moon" and many are expecting that more can be coming as the days of 2020 are winding down and we are excitedly waiting for the start of year 2021. However, we also understand that most of the altcoins -- at least those in the top 20 I guess -- are not getting their share of the actions and in fact some are even retreating.
I heard someone opined that unlike 2017 where the bull run was due to the retail buyers -- maybe referring to ordinary guys like you and me -- this time around the bull run is due to institutional interest and sadly not so many in this source of money are really interested with altcoins except perhaps with Ethereum.
So, should we expect the same kind of altcoin movement in 2021 or will there be the so-called Altcoin Season -- the time when altcoins are getting the limelight?
I don't think so, because there are still many community in crypto space believed that altcoins season will come up to us including myself. Lets just wait and see while it is not done yet here in this business industry. And I think this will make happen by next year for sure.
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Most likely, institutional investors are now buying bitcoin on the crypto market, and there are still very few new retail buyers. I follow the Google trend for Bitcoin and I see that the bull run has not started yet.
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Altcoins profit from market growth, but not as much as Btс, on the chart we can see how bitcoin has fully recovered, even rose to new price highs after falling to $ 3,000, there is no such recovery for alcoins at the moment
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Most of the ALTs also show a good pump. Like ETH go over 650$, LTC over 115$ and the most noticeable one was XRP. That was totally unexpected. This time it's not like the 2017 bull run when most of the projects give 100X returns but I think it's better this time. The sudden pump causes a market crash and stable growth stay for long terms.
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In general, it was a justified criticism and evaluation. There is no valid reason for Altcoins to rise. There is nothing but a few performances that could use Bitcoin's price surge as an opportunity.
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Today I watch the market and see the same picture, institutional investors only invest in bitcoin, perhaps such people with huge capital know more than us, and do not exchange for small things and do not want to invest in altcoins, so altcoins are not waiting for rapid growth as with bitcoin.
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Regardless of the news, I still believe that the altcoins season will come, whether it's the end of this year or the beginning of next year. Because I learned from experience, usually altcoins will follow the trend of the bitcoin market.
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The market is very volatile at the moment so it would not be right to talk about any kind of mind boggling now and everyone who has invested in Bitcoin so far has been quite profitable. I think it will be a lot of loss if the price goes down without re-investing.
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The market is very volatile at the moment so it would not be right to talk about any kind of mind boggling now and everyone who has invested in Bitcoin so far has been quite profitable. I think it will be a lot of loss if the price goes down without re-investing.
The price of altcoins will go up only when their demand increases, that is, the demand in the cryptocurrency market. In any case, today, many investors are wary of what is happening and prefer Bitcoin and Ethereum most of all, but if this trend continues in the near future, then the altcoin will begin to rise as early as 2021.
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There are lots of coins in the market. Not all coins were successful. Most of the few that have been successful are in good standing. In 2020, most of the projects were in good condition. By 2021 most projects are expected to be successful. But the old coins will make a better position.
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Maybe it's not the time yet, or maybe it really is. But if that is true, of course I am a bit disappointed, because in fact I hope that there will be a bullrun for Altcoins to follow the Bitcoin price like in 2017. Many people have increased their investment, because they believe Altcoin will also experience Bullrun.
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Now is still not yet an altcoins season so be patient. The time for altcoin season this period is not as easy as 2017 following the BTC. However, I personally beleive that the altcoin season will come, hiopefully next early year will be.
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Today I watch the market and see the same picture, institutional investors only invest in bitcoin, perhaps such people with huge capital know more than us, and do not exchange for small things and do not want to invest in altcoins, so altcoins are not waiting for rapid growth as with bitcoin.
These money sources are only focusing on Bitcoin because they must have seen the big potential of the coin to make an enormous gain soon, so they are excluding altcoins for now. Let's hope that this rush will be producing excitement in alts coming from ordinary guys like you and me by 2021. The bull run right now is really unlike 2017 where institutional interest was then virtually absent.
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Bitcoin is not stable at the moment, I think we have to wait like in 2017, where altcoins will get a bull run when bitcoin stabilizes again. Today, let's enjoy the bitcoin process that enters a positive market.
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It seems like people are selling their coins for Christmas celebration that could be the reason altcoins are not really geting their own share in the cryptocurrency bullrun this season of xmas due to high level of sells taking place, that's my own opinion but I believe that after this season altcoins may increase in value.
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Now the main focus is on bitcoin due to the fact that more than six months have passed since the last halving and many expect its multiple price growth. Against this background, altcoins are growing, but not as fast as many would like. Even the ethereum price is growing at a very modest pace so far. We need to wait a little while. The bitcoin price will more or less stabilize and then the altcoin season will come.
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Many of us in the market expect bull runs. But I think throughout the year, bull run is happening. Because the price of every coin in the market is increasing a lot. So I think most of the coins in the market are in good condition.
Maybe.
The market now is bloody. Maybe this is just a correction. After correction the market will turn to bullish again. I think the best now is to hold the tokens and wait the bullish trend again.
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I think we can still expect to some but not to all. Since the 2917 bull run is because of retailers I'm pretty sure that those retailers are still in the market and have been reading analysis and study the signs of what is potential and what is not. In it we can surely see a great bull run to all potential altcoins and not to shit coins which such kind drained the pocket of retailers last 2017.
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Until bitcoin becomes a stable at some point or in range, Altcoin will not enter into Bull Run. But I think in the start of 2021 Altcoin will grow.Second thing is that Bitcoin Dominance should be decreased in this seen.
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So far altcoins does not affected so much by bitcoin bull run. Maybe the real effect will take place in 2021 once there is a massive bull run. I hope there is a bull run in 2021 as others believe too. For now it is good to buy altcoins and hold.
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Currently the market situation is much better. So I think there are many kinds of changes in the market, but it is possible to make a profit in the future if you invest in the present. I think there will be a bull run throughout the year. Cryptocurrency will improve even more. The popularity of cryptocurrency will continue to grow. So I think next year will be a bull run for a long time.
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Currently the market situation is much better. So I think there are many kinds of changes in the market, but it is possible to make a profit in the future if you invest in the present. I think there will be a bull run throughout the year. Cryptocurrency will improve even more. The popularity of cryptocurrency will continue to grow. So I think next year will be a bull run for a long time.
The popularity of cryptocurrency is becoming big and the adoption is getting into different places and sectors. Because of the market and support from the community the project always do better and changing some areas to become intact to operate the business. When bull run is the number one question of crypto community because it is the most interesting season in crypto ecosystem.
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Indeed bitcoin has been bullish for over a month now, it start after PayPal finally accepted crypto payments, and without any form of doubts I still believe bitcoin will continue soaring high till 2021, but sadly this current bull run so many altcoins are missing out on the action except ETH and some few top crypto currencies, unlike in 2017 where altcoins were mooning, I really don't know what could be the cause of this, but it seems there's not going to be an altcoin season again,
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We must remember that Bitcoin is the father and mother of cryptocurrencies. In this bull run, big investors only have eyes for Bitcoin. When this rise stops (or stay more stable than these days) maybe, and I say maybe, the alts will have their chance as it happened at the end of 2017.
Until that day comes I don't know what people will do, but I will hodl my positions.
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I have no doubt, Altcoins too will have their time, remember for greater part of this year, it was Altcoins that was performing exceedingly until September peak, nobody talk about BTC then. I think what people need to understand is the BTC dominance in the space and this need to reflect in our capital allocation, there is a reason why it has close to 70% dominance
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The right part for Bull Run altcoins is when Bitcoin goes up.
We have to be nimble about this problem because when it was Bitcoin all the altcoins always followed suit.
I think that this way we can enjoy good things for trading altoins and not miss the train when the Bitcoin pump.
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I think the altcoin season will start in 2021. But I myself do not understand why it does not start now, because Bitcoin is growing, and usually if Bitcoin grows, then prices for altcoins rise.
I think we all have need to be patient cause it is the normal behave of the market. Market is going on the right direction. I think we are so close to the alt season and it will be boom for alt. I am really holding my coins for upcoming season. I have forgotten to say something however you may wait and invest on the altcoin market if you have enough fund .
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It all depends on what kind of altcoins we are talking about, some of them were able to show good results in 2020, went up in price and gave good money to their holders
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In this time Altcoins not bull run but after the year I mean 2021 it will start my hope so not to warry .The price is near around in $600-$700 up and down. We are optimistic treaders and we never disappointed .
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Altcoin session, maybe not this year, could be in early 2021, the surprise for the millionth of crypto is increasingly intriguing every owner, altcoins have not moved because they are overshadowed by defi projects that are increasingly blooming but believe that altcoins will also follow bitcoin to go to the moon
I think the Altcoin session has already started and will reach its final stage by 2021 next year. I agree with you that the growing booming defy projects will take cryptocurrencies to go to the moon like Bitcoin.
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Judging by the recent days, the situation with altcoins is not very good. Almost all violas are in the red zone. Hopefully, next year will be more supportive. He's the year of the Ox.
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I think that altcoin season in real sense will start from the second half of 2021 yes there will be growth in the top alts even before that but im talking about real parabolic run.
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Judging by the recent days, the situation with altcoins is not very good. Almost all violas are in the red zone. Hopefully, next year will be more supportive. He's the year of the Ox.
The fact is that today there is a fairly strong uncertainty and doubts about Bitcoin and Ethereum, and on the basis of this, great uncertainty is growing in relation to altcoin. I believe that from the new year, if Bitcoin and Ethereum go up, then the altcoin will definitely follow.
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I think that altcoin season in real sense will start from the second half of 2021 yes there will be growth in the top alts even before that but im talking about real parabolic run.
Basically, everything will depend on the characteristics of the price growth of bitcoin. How long will it have enough strength to grow without a deep correction and how long will the period of its relative price stabilization at a new high level persist? If there is some stabilization in the price of bitcoin or even a slight drop, then it is likely that then altcoins may start to actively grow. Capital will flow from bitcoins to altcoins. At the same time, no one knows yet when and how this will happen.
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In the current market, the price of altcoin is increasing. The top 50 coins in the market are moving towards a better position. The value of Bitcoin has increased a lot. At the same time, the demand for investment of people is increasing, as a result of which the price of most altcoins is increasing.
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And this is what happens now, new money is coming to the cryptocurrency market, and the dominance of bitcoin is already increasing by 71%
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The condition of every coin in the market is very good at present. In particular, the coins that were promised have improved a lot. Because at the present time the amount of human resources in the cryptocurrency market has increased. So the investment in altcoin has increased.
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This is sad. I have been waiting for this Bitcoin Bullish to come too but it seems that this time is really a disappointment because I have lot of Altcoins in my disposal that I have been keeping them for many years because I am hoping that they will bring me to moon someday but still I never lost my hope because who knows that next year will be the time for Altcoins.
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Now the dominance of Bitcoin is growing, but the growth should end at a certain point and then it will begin to fall. At this point, it will be possible to talk about the altcoin season. Altcoins are now at a favorable level for buying
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2017 was a great time for the cryptocurrency market. But now is a much better time for the cryptocurrency market. Because the price of each cryptocurrency is increasing exponentially. The chances of cryptocurrencies in the market are much higher. So the current time is better for the cryptocurrency market.
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2017 was a great time for the cryptocurrency market. But now is a much better time for the cryptocurrency market. Because the price of each cryptocurrency is increasing exponentially. The chances of cryptocurrencies in the market are much higher. So the current time is better for the cryptocurrency market.
Yes, now each cryptocurrency is growing in price depending on its prospects for development. Some altcoins have risen in price by 25 or even 40 percent over the week. However, of course, most altcoins have only increased in value by a few percent. We hope that when the price growth of bitcoin ends, market participants will pay more attention to other cryptocurrencies. Their time has not come yet.
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I believe as a crypto enthusiast and already experience the Bullish trend during 2017-2018 this kind of question is just normal, "like why only Bitcoin was experiencing a boom?
My answer to them is simple, Its because in today's growth only Bitcoin has gained much adoption from Institutional investors, and because of that reason Only Bitcoin price was surging to new highs due to the huge demand from the institutional market players.
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The year 2020 did not take sides with Altcoins, but even so, the price performance of Altcoins is also not very bad. So in my opinion Altcoins still have a good price, but when compared to Bitcoin this is still not far away. We hope that in 2021 Bullrun will happen to Altcoins.
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Now is the right time to buy altcoins like ETH, BNB and other altcoins before hitting the highest prices in 2021.
If this situation is similar to 2017, then the altcoin price will go up and pump in the middle of January. Hopefully that situation happens again and the altcoin price goes up after Bitcoin underwent a slight price correction.
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It is very easy for you to say so now, remember between January to mid September Altcoins had a very strong run and some people were saying BTC is dead, the relationship between Bitcoin and Altcoins is see-saw and we are going to see Altcoins pump soon and BTC dominance is going to crash and people will be telling you their token going to replace Bitcoin again
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Yes altcoins is not moving what i think when btc touch 30k after it will dump to 24k after that altcoins will boom that will to much big pump never think about it that will be huge day for every one.
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I can't agree more with 'Altcoins not getting a share of the bull run'. Although the price of Bitcoin has risen proportionately at present, the prices of the top altcoins have not risen much in the last few months. The prices of many altcoins including Ether, BNB, Dot, LTC have gone up a lot. I expect that the rate of increase in the price of altcoins in 2021 will be higher than the rate of increase in the price of bitcoin.
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thIS IS BECAUSE there is alot of uncertainity surrounding altcoins. majority has not benefits. No use case and will not last.major reason why crypto currency is adopted and accepted now is bitcoin. also if you have noticed. bitcoin controllled the market. when ever bitcoin price goes down,altcoin follows immediately. btc determines the crypto market.
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thIS IS BECAUSE there is alot of uncertainity surrounding altcoins. majority has not benefits. No use case and will not last.major reason why crypto currency is adopted and accepted now is bitcoin. also if you have noticed. bitcoin controllled the market. when ever bitcoin price goes down,altcoin follows immediately. btc determines the crypto market.
it is true that bitcoin affects all altcoin movements, but bicoin determines the market there could be other problems even though they could.[/size] but the altcoins last year there was no movement and this year it could be ATH from altcoins, we will wait for that.
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Yes because all the money in the crypto market going to bitcoin right now when btc dommince will down alts will be pump.
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I think the altcoin season will start in 2021. But I myself do not understand why it does not start now, because Bitcoin is growing, and usually if Bitcoin grows, then prices for altcoins rise.
Agreed, this year is for the altcoin season. For what is happening now into bitcoin price value was almost the same
for what happened last 2017, and for sure altcoins will follow so let's hold on for awhile guys, we are coming closer
for this altcoins bull run!
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I think so and hope 2021 will be altcoin season. Altcoin enthusiasts might expect and currently only Ethereum, Doge and LTC have seen significant price increases. There is still hope in 2021 and it is likely to happen
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Right now the value of bitcoin is continuously increasing and Dominance has also increased by 68.3% due to its impact on altcoin due to which Altcoin is dumped. As long as there is no change in the value of bitcoin, bull run in altcoins does not seem possible.