Quote from: Sithara007 on November 02, 2019, 07:26:05 AM

Quote from: conex on October 30, 2019, 02:19:23 PM

Think it's 50/50. What about you?

I don't think that there is a 50% chance. In my opinion, at the most it is 20%.

And by using the term "alt season", if you mean all the altcoins rallying (just like the case in 2017), then I am afraid that your dreams may never come to fruition. Back in 2017, we had a lot of immature and greedy investors who pumped a lot of money in to the shitcoins. That is not going to repeat because many of these users exited after incurring losses and the remaining ones have learnt their lesson not to deal with shitcoins.

There can be an alt season in the future. But don't expect all the 10,000 plus alts to go up this time. The next rally (if it occurs) will be confined to a few dozen coins. The other shitcoins may move up temporarily under the influence of the genuine coins, but they will crash once the initial hype is over. Now the trick is to identify the best coins, but it will be like searching for a needle in the haystack.

If an altcoin season arrives, that's how I'd expect it to play out too. Junk coins will remain junk, and perhaps a couple of dozen (or less) coins from the top 100-200 may rise. But even then, I wouldn't expect anything crazy, more like simply retracing back to values (in btc, not fiat) to the earlier summer months. So for some, they may still be at a loss regardless.

Or it may be a weird season, like asian coins rising primarily due to China's influence, or something odd like that. Who knows...