Topic: 2018 the year of correction? - page 12. (Read 18094 times)
Since bitcoin goes up so high in 2017, it is not suprizing to see a correction in 2018. But the thing we have experienced in this year can not be named as correction. We have experieced speculations and manipulations in this year. If we saw some progress in adoption of bitcoin, it could have been only correction and prices start to go up after this correction.
Probably this is the year of correction but mind you that bitcoin and other cryptocurrency would also had a great chance to have a good market price turn back. I do not see the system will not going to survive especially that money has gone through the system and many loving to have cryptocurrency.
How can a correction period last for so long? As I see, the market needs the stability (at least most people want it), but the bulls are still fighting with the bears, and it must come to its end soon.
It really seems so and I wouldn't call current prices for crypto as bad ones. It just looks like you do not know what to compare it with! Few years ago bitcoin costed 100-200$ and today's 6+k$ can be admitted as a very good level for such formless project as bitcoin.
As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
I agree and many shit coins are needed to be removed in the market
Let this bearish market decides who will stay and needs to go
As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
Almost the whole year of 2018 became really a bearish season, were most of the members of this forum became impatience for what happened. and others loss a big amount of capital where panic was being applied to most people who are not totally deep in crypto either. But even we faced a lot of things which are most bad experienced in crypto especially in different form of the ico project campaign arise up most of it are scam project. However, base on my analysis 2019 is our time for crypto period of harvest in terms of profit.
Yeah i think it migt be this year are the correction for cryptocurrency, well at least this thing can make cryptocurrency for better goals in it. That are really intresting in this year market
I've been around here for a while and the current scenario reminds me of what happened during 2014. We had hit the ATH in 2013, and after that there was a sharp correction lasting for almost 3 years. I am afraid that the scenario is repeating.
Yes, it is, but don't be afraid, my friend. We are living in times when all the processes are accelerating with unprecedented pace. What took 3 years back then, can take 3 months today. There are much more people monitoring the world of crypto today than ever before. And they are not only monitoring it but they are acting accordingly. When the Hashwar between ABC and SV ends and Bitcoin starts rising in price, who knows how many people will start buying as much as they can "while the price is still low", and who knows to which extent that FOMO buying will affect the market?
As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
COrrection of prices passed already as we have experienced the stable value of market this past 2months but you are right about the correction happen this year from the bull run of 2018But until today i know that we are already bottoming as the December is coming and for sure many investors will re enter again and may put their money to profit some bucks
I can say even more, the next year may be bad. In my opinion, by the end of next summer, this correction will continue and possibly until the end of the year of the last year we will see a slight increase. Again, this is just my opinion.
We are almost reach end of year and the price still low until today and i do agree that 2018 is year of correction and most of investors has been lost because since last year the value of bitcoin lost more than 50% and i think most of us still cannot recover our lost especially the current price seems makes people doubt whether it will reach again to all time high or not
- 2018 is not the year of correction, more precisely, it was a year of purge and bloodshed and massacre because as you say, investors are almost lost, and the loss to date is probably a figure that if people cut losses, they would almost become bankrupt. People are really living in a state of fear and doubt about the future of bitcoin, the future of the market, although the glimmer of hope for recovery and return still exists but over time, that light is engulfed by darkness, negative atmosphere is covering, crying and moaning is beginning to appear As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
yes, I agree with you now is the time for bitcoin to stabilize prices after skyrocketing at the end of 2017. Maybe this is the way the market stays healthy. because coins will not always go down or rise. there must be when going up and then going down. and what we need to do now is remain optimistic that bitcoin and the crypto market will soon be green. don't panic and despair. cryptocurrency is our future.
Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.
It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.
Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.
It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.
We are almost reach end of year and the price still low until today and i do agree that 2018 is year of correction and most of investors has been lost because since last year the value of bitcoin lost more than 50% and i think most of us still cannot recover our lost especially the current price seems makes people doubt whether it will reach again to all time high or not
Indeed, this year is very difficult for all investors. For many, the investment portfolio sags 2-3 times, causing only frustration and panic. It is very difficult to predict what will happen next
The difficulty in this market does not come from predicting what it is going to happen, the real issue is to predict when it is going to happen, for example it is obvious that a recovery will eventually happen what we do not know is when that will happen and that is what it is making everyone nervous because they're facing the possibility of holding their coins for years.
Indeed, this year is very difficult for all investors. For many, the investment portfolio sags 2-3 times, causing only frustration and panic. It is very difficult to predict what will happen next
The difficulty in this market does not come from predicting what it is going to happen, the real issue is to predict when it is going to happen, for example it is obvious that a recovery will eventually happen what we do not know is when that will happen and that is what it is making everyone nervous because they're facing the possibility of holding their coins for years.
Indeed, this year is very difficult for all investors. For many, the investment portfolio sags 2-3 times, causing only frustration and panic. It is very difficult to predict what will happen next
The difficulty in this market does not come from predicting what it is going to happen, the real issue is to predict when it is going to happen, for example it is obvious that a recovery will eventually happen what we do not know is when that will happen and that is what it is making everyone nervous because they're facing the possibility of holding their coins for years. As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
It is difficult to talk about the real value of bitcoin. At the moment, bitcoin is mainly used only for speculation. In addition, the market for a long time showed relative stability. Everyone believed that the price of about 6.5k is a real price. But now the price has decreased
I was sure that ~ until recenly we are in stable period and we wont go drastcially up or down but i was wrong.
Altough i beleive that the last drop was manipulation or induced by manipulation, the short term future does not look bright.
In fact the wider picture shows that we are back to long term bear trend.
I think the long bear market is healthy, everyday many people are leaving Crypto, those who search for quick short term profits, as well as people who think 2017 bull run will be repeated. We might see a movement in December, but it will not be huge. Altough i beleive that the last drop was manipulation or induced by manipulation, the short term future does not look bright.
In fact the wider picture shows that we are back to long term bear trend.
I was sure that ~ until recenly we are in stable period and we wont go drastcially up or down but i was wrong.
Altough i beleive that the last drop was manipulation or induced by manipulation, the short term future does not look bright.
In fact the wider picture shows that we are back to long term bear trend.
Altough i beleive that the last drop was manipulation or induced by manipulation, the short term future does not look bright.
In fact the wider picture shows that we are back to long term bear trend.
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