[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 648 KB, 667x670, 1602441344821.png [View same] [iqdb] [saucenao] [google]
24019794 No.24019794 [Reply] [Original]

Is alt season coming or not?

>> No.24019803

>>24019794
After BTC finishes it's parabolic cycle. So like 6-9 months away maybe?

>> No.24019811

>>24019803
Jesus Christ I can't wait that long

>> No.24019875

>>24019811
he meant 6-9 days

>> No.24019883

>>24019811
You can still profit from alts in the meantime. Short the alt/BTC pairs.

>> No.24020862

>>24019794
there is literally no such thing as any "alt season" and there never was. everything is just riding BTC's coattails.

>> No.24020906

>>24020862
btc did relatively shit in 2017. It lost 60% market share.
3 years later it still can't process more than 144mb/day

>> No.24020931
File: 52 KB, 1182x754, 1590791555390.jpg [View same] [iqdb] [saucenao] [google]
24020931

If my ID is green and contains "bull", the alt season starts today, if not, it starts tomorrow

>> No.24020940

I just need OMG to pump to 5$ I’m down literally more money than I even own on that

>> No.24020942

>>24020931

If my id is not green AND does not contain dubs you are a pajeet that's full of shit

>> No.24020948
File: 185 KB, 748x766, 1605507242296.png [View same] [iqdb] [saucenao] [google]
24020948

>>24020931
one more try

>> No.24020951

Do you use any new Defi now?
What is your opinion/view about DYMMAX: dymmax.com
Found this platform on Probit, they created a referral program there, looks interesting. They have super liquidity and pro crew

>> No.24020964

>>24020948

Pajeet

>> No.24021049
File: 71 KB, 1080x754, IMG_20201118_021718~2.jpg [View same] [iqdb] [saucenao] [google]
24021049

>>24019794

>> No.24021062

>>24020951
you reprobit pajeet

>> No.24021067

>>24020906
uhh i think you're missing the part where bitcoin drives the entire market. bitcoin IS the market. obviously the market approves of the consensus rules

>> No.24021081

never.

>> No.24021083

Any second now

>> No.24021099

>>24020862
A lot of people made more in "alts" than they ever would have in btc's smaller percentage moves

>> No.24021169

>>24021099
i agree with that statement, that is true for a small portion of participants. but people talk about "alt season" like it's some predictable regular occurrence that has been around for a long time. people who came in during 2017-18 and have ill-conceived ideas about this. alts didn't have any "season", they merely had a totally irrational fomo during ICO mania. Everything else has failed to tread into the deep end vs BTC since that time

>> No.24021244

>>24021067
you said there's no such thing as an alt season
there clearly was in 2017 and it looks like it's about to happen again

>> No.24021287

>>24021049
>.eth

Just imagine - if the defi shitcoin summer couldn't propel eth above $500, wtf do they think will?

>> No.24021324

>daily hacks for millions of peoples money completely drained
>more rugpulls than actual projects
>expensive fees and retarded wait time on every transaction
If there is an alt season it probably won’t be for at least a year. No one with half a brain cell is investing in any defi/alt shit because of how risky and unprofitable it is right now.

>> No.24021468

>>24021169
There was an alt season just a few months ago... everything multiplied with the defi boom

It is hard to predict when it will happen next though. it's a natural consequence of the hype the comes with Bitcoin highs as the excitement flows into the rest with people seeking more gains & low barriers to entry for many of them.

I've been looking for what best indicates the start of more alt involvement. Probably Eth breaking highs, when Coinbase app rank for iPhone crowd & google trends increases showing retail is entering.
Litecoin & XRP are moving with bitcoin & they're the old school "normie" coins, so maybe it's beginning now.

>> No.24021502

>>24019794
alt season is here check the board for the bonded sale going on now

>> No.24021540

>>24021244
SEASON. dude do you know what the word season means

>> No.24021543

>>24020862
When ICOs were a thing alt season was every over week. Every alt would 5x overnight eventually while btc would +50% at best

>> No.24021555

>>24019883
eth/btc will fly upwards in the next couple months

>> No.24021606

>>24021543
every shitcoin faggot thinks it's anything other than noise. there is no season, that's the point

>> No.24021638

>>24021606
>>24021540
>btc losing 60% market share to alts is noise

>> No.24021691

>>24021638
correct, no season detected. ooooh it's ALT SEASON... oh wait nope that's wrong

>> No.24021733
File: 76 KB, 1482x826, alt season 2.png [View same] [iqdb] [saucenao] [google]
24021733

>>24021691
it's beginning.
btc sub 30% eoy

>> No.24021744

>>24019803
>>24019811
>>24019875
when btc hits the privious ATH we should see another altcoin season

>> No.24021771

>>24020931
If I‘m a grill it started yesterday

>> No.24021772

>>24021733
Drops under 60% looks like another indicator >>24021468

then the real fun begins

>> No.24021776

>>24021555
Czeched
>>24021606
>Btc moons
>Price holds building confidence in crypto
>Money flows back into alts
You're right there hasn't been much of an alt season besides the defi run. Not to say it won't come. Buy the (alt)dip.

>> No.24021842

>>24021776
i'm glad somebody else agrees... i'm not saying money won't flow into alts again ever. although this cycle is going to be much different than the previous one in terms of who is buying and their market behavior

>> No.24021991

Proposition: we will never see an alt season like the one we saw in 17-18 until the BTC main chain forks and we all get free gibs to speculate with.

Theory: The first alt season was pure fiction. Next to no outside money / fiat was injected into the alt economy. We all used our bchdrops to speculate on which coin was the lesser shit.

>> No.24022113

Anyone else kinda nostalgic about summer 2017? Every kid in their moms basement was a "pro crypto trader" on youtube selling bullshit courses and shilling shitcoins like PIVX. kek those were funny times.

>> No.24022235

Listen up newfags. I have neverbeleived in an alt season. Its a gay new fag concept. What is real is money bounces between bitcoin and alts. This has been the case for fucking nearly a decade. My only worry is people have so many fiat and stablecoin options now which wasnt so common in 2017.and also people spread fud about tether that kept many away.

My prediction is this. It's only a prediction but I think we will have times btc takes a breather and alts do well. I think defi is far from done. More money will concentrate in quality defi.

>> No.24022255

>>24021991
>>24021733
bch forked in august
coins like dgb, xvg, antshares etc had already done more than btc did in the whole year by june
this time btc will lose the top spot breaking a lot of delusion

>> No.24022438

>>24022235
All the good defi projects have almost recovered and will soon go to aths once btc breaths.

>> No.24023482

>>24019883
>Short the alt/BTC pairs
BTC up doesn't mean alts go down
They just crab