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.
This year, I think the price will still be the same. Very low. And it is a bad news for me. But on the other hand, it's a good news to because we can buy bitcoins in a small price. When it recovers next year, then we can make more money. 
Topic: 2018 the year of correction? - page 14. (Read 18094 times)
If this year is allocated for bitcoin and crypto corrections, then so be it. I know the advantage of correction brings to cryptocurrencies. If that is so, i expect an inflation of crypto prices in the coming months.
This is just a short term thing as we are not even close at all to mainstream adoption, which I solely believe will bring a huge increase in value in the long run. One thing a lot of people find pretty hard to wrap their heads around is that corrections are normal for long term and sustainable growth. If the market just keeps moving up without some slight corrections or big corrections we are seeing now, it will never turn out well as this is when we will get to eventually see a huge crash, but for a steady gradual growth, over time, it is always sustainable and that is where I believe we are headed.
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 can say that 2018 is the real face of cryptos since 2017 seen just a hype. This year we saw the worst of the market from being nose diving from its all time high. This is just indeed a test if how far can we hold and stay in this world full of uncertainty.
Don't expect for a massive bull run now, it's unlikely to be as there is no sign.
I also agree that last year was a bad year for the market. It is also a year to help the market adjust and help investors better understand the market. This makes the market more mature.
Investors need to do that for themselves, this is a very competitive market in which any advantage that you can get can be crucial to make the profits in the future and if your competitors are not willing to do the work needed to better understand how this market works then that works to your advantage, why will anyone want to help them if they can obtain profits from their mistakes. 
The price correction in 2018 is one of the glum effects caused by the increase that occurred last December, because the increase was not a natural increase due to market willingness but the behavior of over-manipulation, didn't fail if in the end this increase has caused a prolonged correction.
it will be better if all cryptocurrency price have natural growth.pump and dump just make investor affraid with their investment value.no stability and just speculation game.
Yes, i am also of the point of view that bitcoin should move naturally and not by the means of pump and dump. But then it is already 8 to 9 months we are seeing lower bitcoin market and this is getting frustrating for the users. I think it is time that bitcoin should start the bull period.
Hopefully by 2019, it will be a good year for the growth of bitcoin and another cryptocurrency, and we will see it a big market revival.
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 with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment.I also hope that in 2019, we will see the rise of the market. This year was a very serious and difficult period for most of us. Really, many guys lost their money as they decided to give up and sell the crypto.
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.
As i observed last year than this present year they are so different last year was the great year for all bitcoiners opposite this year i think was the poorest year and even worst for the bounty hunters the price are down, maybe we should made a steps or find solutions for this problem inorder for the correction of this year....
Which solution are you looking for? Stock market has been on for years and even at that, it has not stopped the fact that correction is experienced till date, so what makes you think it is a problem or there is a solution you can bring to curb that in the cryptocurrency space ?This is something normal and healthy for the long term growth and price development of a market, and the earlier you people start understanding it is not a problem but a short term thing, the better you will be able to forget about it, take advantage of it and focus on the long term.
Hmmm, that is very possible. Remember price reached a target of $1,000 in late 2013. In another words we are still in the correction of 6400$ for more then half of the year in 2018. 2019 might bring surprises, bitcoin is under the rules of seasons and patterns like any other market, so I won’t be astonished to see super high crypto prices in the middle of 2019.
I was thinking that it could be this year end of 2018. But, to think that 2018 year end has nothing to do with crypto market price bull run. So, it would be probable that 2019 will be the market price hype for cryptocurrency or it could be even also drop for more. It will depend on the outcome of the struggle 2018 bitcoin market price. 
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.
Hmmm, that is very possible. Remember price reached a target of $1,000 in late 2013. In another words we are still in the correction of 6400$ for more then half of the year in 2018. 2019 might bring surprises, bitcoin is under the rules of seasons and patterns like any other market, so I won’t be astonished to see super high crypto prices in the middle of 2019.
The price correction in 2018 is one of the glum effects caused by the increase that occurred last December, because the increase was not a natural increase due to market willingness but the behavior of over-manipulation, didn't fail if in the end this increase has caused a prolonged correction.
it will be better if all cryptocurrency price have natural growth.pump and dump just make investor affraid with their investment value.no stability and just speculation game.
Yes, i am also of the point of view that bitcoin should move naturally and not by the means of pump and dump. But then it is already 8 to 9 months we are seeing lower bitcoin market and this is getting frustrating for the users. I think it is time that bitcoin should start the bull period.
Hopefully by 2019, it will be a good year for the growth of bitcoin and another cryptocurrency, and we will see it a big market revival.
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 with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment.Yes, i am also of the point of view that bitcoin should move naturally and not by the means of pump and dump. But then it is already 8 to 9 months we are seeing lower bitcoin market and this is getting frustrating for the users. I think it is time that bitcoin should start the bull period.
Hopefully by 2019, it will be a good year for the growth of bitcoin and another cryptocurrency, and we will see it a big market revival.
Real value is different description to the price of bitcoin. This year has been the year of correction and its hard to tell to what extent will the market go through.
recovered could happen soon or later as CEO Binance said.like or now current market condition have to face by investors and traders.we could not avoid this condition.
CZ has been bullish to the market, he runs a crypto business and he can't tell something bad to discourage his customers. As for him, his words are going to be positive all of the time regardless of the market condition. Let's hope it was! Lot's of miners that entered the industry on a late manner need it aswell!
Actually the miners provide a good support level below the 6k USD/BTC mark so it wont drop below that unless some huge whales decides to dump their coins on the open market and make it crash. They are not fools, they would rather sell at profit and not loss. Again this year showed some green in the 1st quarter but then it gradually dumped down to a sleepy mode and has not been rising again after that.
Indeed.
I've got many big independent miner friends (150 Petahashes +-) and they are all selling only what they need to cover costs, and keeping the rest.
Like all of us, they are hoping in a BTC price increase to grow their businesses.
BTC at this levels, for the ones who entered the market starting mid last year, this is only a break even price.
One of them likes to say... I've got Electric Costs at 0.04, but it's not really a difference if we take it to 0.03 or 0.02, don't get me wrong, it's great, but the real difference is in the BTC price.
If BTC is 20k, i'm producing it for only 6k.
Best!
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 with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment.Yes, i am also of the point of view that bitcoin should move naturally and not by the means of pump and dump. But then it is already 8 to 9 months we are seeing lower bitcoin market and this is getting frustrating for the users. I think it is time that bitcoin should start the bull period.
I think it is, the correction has been going on for a very long time and no improvement in favor of the growth of the market is visible at all. The most important thing is that this correction would soon end and the long-awaited growth of the market would begin, everyone are already waiting for a long time for it.
recovered could happen soon or later as CEO Binance said.like or now current market condition have to face by investors and traders.we could not avoid this condition.
I think it is, the correction has been going on for a very long time and no improvement in favor of the growth of the market is visible at all. The most important thing is that this correction would soon end and the long-awaited growth of the market would begin, everyone are already waiting for a long time for it.
Even though this year the price of bitcoin fell down, don't let yourself panic and think bitcoin will not be able to return to a higher price, still believing bitcoin will be able to increase and hold for future profits.
Hodl amd wait is the key. Probably many crypto enthusiasts have failed their expectations but then we should continue believing to crypto currency. We can say that this is not that good year but there is still December before year ends. Just hodl and wait.
Let's hope it was! Lot's of miners that entered the industry on a late manner need it aswell!
Actually the miners provide a good support level below the 6k USD/BTC mark so it wont drop below that unless some huge whales decides to dump their coins on the open market and make it crash. They are not fools, they would rather sell at profit and not loss. Again this year showed some green in the 1st quarter but then it gradually dumped down to a sleepy mode and has not been rising again after that.Hodl amd wait is the key. Probably many crypto enthusiasts have failed their expectations but then we should continue believing to crypto currency. We can say that this is not that good year but there is still December before year ends. Just hodl and wait.
Thats all you can do right? Nobody has anything else to do other than hold. We must not forget the bad days for bitcoin are not new. These did happen previously as well for some years if you look at the price charts on coinmarketcap.. 
Even though this year the price of bitcoin fell down, don't let yourself panic and think bitcoin will not be able to return to a higher price, still believing bitcoin will be able to increase and hold for future profits.
Hodl amd wait is the key. Probably many crypto enthusiasts have failed their expectations but then we should continue believing to crypto currency. We can say that this is not that good year but there is still December before year ends. Just hodl and wait.
In this whole year bitcoin is recovered and in this whole year the price were stable which was very good for the long term investors and in this whole year bitcoin have not shown any progress so many people have stopped trading bitcoin but it is ever green currency and if we in touch with crypto we can excel in life so for better future we have to work and earn bitcoin.
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