Last year was really a memorable year for electronic money investors. After the start of the year with a total market cap of just $ 17.7 billion, total capitalization has soared to $ 613 billion by the end of the year. As a percentage, the market has grown by 3,300% in just one year, which is probably the only year in which the highest percentage increases for any asset in history.
Highly agreed with this statement. Really, all those who came to know about bitcoin in 2017 or later, they are most lucky people. They found bitcoin in low price but developed one. They better known bitcoin wouldn’t die in coming years or they aren’t sensitive about its bubble nature. The buying price is quite higher than those of 2012 or around but development is biggest confidence. 
Topic: 2018 the year of correction? - page 17. (Read 18127 times)
For both Bitcoin and markets, people have been saying this for years. So many people used to tell me that the stock market has historically crashed every 8 years, and yet it hasn't always held up.
People like to predict, but TBH no one knows 100%.
Well right now you can’t say bull market is happening as prices are quite normal to past days. There is no such enormous change or improvement that can be seen. But yes, as we will be in November now, we are quite hopeful that bull run starts. Traders and investors are quite long waiting for this time. The whole year has been spent in downfall so needs some pickups.People like to predict, but TBH no one knows 100%.
Yea, I wouldn't say it's a bull market either. Although, to be fair (even though most people benefit from volatility), I think a time period where Bitcoin isn't suffering from massive volatility is probably a good thing in the long run.
For both Bitcoin and markets, people have been saying this for years. So many people used to tell me that the stock market has historically crashed every 8 years, and yet it hasn't always held up.
People like to predict, but TBH no one knows 100%.
Well right now you can’t say bull market is happening as prices are quite normal to past days. There is no such enormous change or improvement that can be seen. But yes, as we will be in November now, we are quite hopeful that bull run starts. Traders and investors are quite long waiting for this time. The whole year has been spent in downfall so needs some pickups. People like to predict, but TBH no one knows 100%.
I've read in this forum that it won't be just 2018 that is a correction year. The threas said that it may look like that 2019 will also see a "correction year" and wee will finally see a bull run by 2020. I hope they're overestimating the market and it would come soon but then again I'll just buy coins in the meantime.
Where did you read that information? Any link?Actually it makes sense because after the big fall, people are hesitant to invest in cryptocurrency again. And now crypto is in gray area where there is no clear sign if it will be bullish or bearish.
I've read in this forum that it won't be just 2018 that is a correction year. The threas said that it may look like that 2019 will also see a "correction year" and wee will finally see a bull run by 2020. I hope they're overestimating the market and it would come soon but then again I'll just buy coins in the meantime.
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At 2018 is the year where bitcoin and altcoin price always got correction, many time bitcoin and altcoin have get lower price and hard for recovery to higher price again, we have waiting maybe next year bitcoin could raised to higher price.
Yes, this year, we see that bitcoin and altcoin are up and down many times and we still cannot predict when the price will up or down. We can only follow the price, and if we can make the profit, then we will try it. But I am sure that the cryptocurrency will be back to the higher price in the next years because this is what happening so far and we can wait for this and buy as many potential coins as we can so we can back to make the big profit. We need to be patient and don't make something that can against the market, but we only need to enjoy the market until it increases back later.
At 2018 is the year where bitcoin and altcoin price always got correction, many time bitcoin and altcoin have get lower price and hard for recovery to higher price again, we have waiting maybe next year bitcoin could raised to higher price.
Perhaps you are right, and this long-term correction can really benefit cryptocurrency and slightly change the market of ICO projects, because at the end of 2017 cryptocurrency gained great popularity and many people came here for the sake of earning money through speculation. I am confident that the cryptocurrency industry will become even stronger.
This is really a healthy correction, cleaning all those hype last year and now we will witnessed the real value of cryptocurrency. The next bull run for cryptocurrency will become more stronger and more objective, the goal is to exist in this market for good and not just to give higher return to the investors, I mean we are here to enjoy the blockchain technology, investment is just a bonus for us. This may take a long correction but later on we will break the resistance and everyone will come in this market again to invest with great coins and use this technology for their own benefit. This market will become more convenient to use around the world.
The year 2018 is seen by most investors as the year of correction and there was a lot of expectation from the year to me but the year does not seem to go well pertaining to that for me. There is more expectation from how the market is trending.
Opinions are like assholes, everyone has one.
So I do not like too much to give an opinion that however is purely arbitrary.
Let's say that the last period of relative stability could mean that finally the bitcoin has reached an acceptable balance.
Or, that is ready to disappear completely. Who knows?
So I do not like too much to give an opinion that however is purely arbitrary.
Let's say that the last period of relative stability could mean that finally the bitcoin has reached an acceptable balance.
Or, that is ready to disappear completely. Who knows?
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, the bubble in 2017 had to be corrected and balanced out for Bitcoiners to make some profits in 2019. Even the stock markets has to go through some correction phase, now and again. I think we have reached the bottom end of the correction phase and we are going to get into a Bull market soon.
I hope Bakkt will be the trigger for the Bull market and it will push us back to a even higher ATH in 2019.
correction in the crypto market is a very natural thing to happen so that crypto coins that are in the market can continue to rotate in value. because if the value of the crypto-coin is not corrected and the value is increasing. of course, it will have a very bad impact on market turnover.
In my opinion, I think the bear is as a result of numerous novice who brought significant sum into the sector. Many never understood the idea behind blockchain, they are only concern about returns it would yield them and consequently pulled out when their expectations weren't met. Furthermore, proliferation in the number of ICOs with no tangible usecase also dealt a big blow to investors confidence in cryptocurrency in general.
Until now it has been the bearish year, there is still 2 months remaining in the year 2018. Many specialists and investors believe that the Bitcoin can rise at the end of the year like the year 2017. The prices are still unpredictable and constant at $6400, I must say this was the year of correction for the price.
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 was definitely a year of corrections, however while we can imagine what the price may be in the future you must understand the current price is always right, that is what millions of people all over the world have agreed as the current price of bitcoin so that is its real value and there is no point discussing what it should be, but we can discuss at what price bitcoin may trade in the future. Yes this year is not good for bitcoin, from starting itself there is no significant growth in bitcoin price. Bitcoin is in downtrend only and one more month is enough for end of this year. But still it struggles to increase, so we expect the massive growth this year. The chances are lesser to achieve $10k itself, we cannot expect the growth like last year.
You are right, but there are still possibility of pumping soon, we just need to have more new big investors and more new big good news to come and the hype will start again.
I think this correction is taking too long, and it is actually causing a huge negative impact to the community, now people are starting to doubt and think that cryptocurrency is not gonna do any good to them so they just drop whatever they know about the cryptoworld and it definitely is making a huge impact in the cryptocommunity.
Yes this year is not good for bitcoin, from starting itself there is no significant growth in bitcoin price. Bitcoin is in downtrend only and one more month is enough for end of this year. But still it struggles to increase, so we expect the massive growth this year. The chances are lesser to achieve $10k itself, we cannot expect the growth like last year.
Yes, 2018 is the biggest correction so far because every coin is making a down movement and many of the coins are down too deep. But I don't think that the coins cannot increase because for the strong coins, the price will be back to the higher price and even the price will break every wall that we see on the market. So it is better to prepare yourself to wait for the rising of the cryptocurrency because the time will come soon.
This year's correction is a bitcoin which dropped dramatically and began to stabilize at $ 6000 in the past few months this year and hasn't moved at all.
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