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Topic: 2018 the year of correction? - page 18. (Read 18094 times)

jr. member
Activity: 121
Merit: 1
November 03, 2018, 01:37:35 AM
Price declines have an impact on other altcoins, waiting for prices to grow maybe at the end of this month but it won't be like 2017, we have to wait for a surprise at the end of this year.
full member
Activity: 574
Merit: 102
November 02, 2018, 09:59:34 PM
yes, 2018 is indeed the year when the price of bitcoin has weakened and it is true if investors have been investing since 2017, of course, they are now experiencing a lot of losses but maybe this year Bitcoin is looking for the right price for the coins because I observed in 2018 this Bitcoin price rises and falls at the price of 90 million, is it possible this is the standard price of Bitcoin? hopefully, next year the price of Bitcoin will be even better than this year.
hero member
Activity: 1428
Merit: 506
November 02, 2018, 07:51:24 PM
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 year as the most correction happen in crypto that the price has drops further. Eventhough it so happen this year many users has the confidence about the price of crypto that it can recover. Let us see where it will heading this year ends.
sr. member
Activity: 714
Merit: 250
November 02, 2018, 06:25:11 PM
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 think bitcoin was overvalued in 2017. Now, this year, many investors who loss their fund because the correction. But it isn't meant that bitcoin is end, actually people still have interest to bitcoin. Also we have to remember that bitcoin is volatile because of the low liquidity so when "whale" / big investors invest their money in bitcoin then the price can be pump because other people will also look for chance.
full member
Activity: 438
Merit: 100
November 02, 2018, 06:18:42 PM
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 think it was just an speculation no one can tell what is happening right now if it is a correction or not or a big impact in the society before year end no one know so we must just sit and relax, a 2017 is a big bubble that happen so we must just stay put what is the mysterious behind the market right now.
hero member
Activity: 2730
Merit: 632
November 02, 2018, 05:36:29 PM
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.
Price correction would always be there and its no surprise that we would experience such thing specially when we see ATH or booming prices on last years 2017 and come to think that not all the times we are just seeing price increase. For now we have to deal with the current market condition but sad to say for those people who invested on peak prices because they are the ones who do really suffer with this correction.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
November 02, 2018, 04:32:19 PM
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 think that was right. Last year, we are really amazed on how the price goes well that we intently focus on achieving more than what we can by purchasing more and expecting more to regain which is practically a right manner but the essence on why does crypto exists was almost gone and many people are just focusing on the goods that they can get from here. Now that this challenge has come, we can see the tough ones that remains loyal into the crypto community in a sense that despite of what is happening, they still hold into their assets while those who just come because of what they have heard the possible benefits they can gain, are continuously being eliminated leaving those people that are strongly believing that on the upcoming year, we will experience a sudden fruit of our patience holding into this.
full member
Activity: 448
Merit: 100
November 02, 2018, 04:03:48 PM
In early 2018, the market began to fall sharply and almost the entire year holds its position. We are currently seeing more stability than volatility. But this does not mean that the market is collapsing. This year there was a great progress in the field of cryptocurrencies.
Agree always think positive in crypto, and i think there is no need to correct the dump happen due to decreasing of volume of investors and i am sure that sooner those investors will come back and the volume of demand will start to increase again and again.
Not sure that only 2018 is the year of correction, I believe that 2019 will be the same year of correction. I repeat, this is my opinion! There will be a wobble in the 5000 - 10000 $ range. But if the SEC will accept Bitcoin - ETF, then it is possible in this case, the growth of Bitcoin to $ 20,000.
full member
Activity: 753
Merit: 100
November 02, 2018, 02:52:05 PM
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.
newbie
Activity: 1
Merit: 0
November 02, 2018, 10:38:42 AM
Many of us are hoping to see a bullish market this last quarter so let's see if it would happen again in order to at least gain some good amount of profits.

Waiting for takeoff. But I will to take attention on a new hardwork Ethereum.
 Huh
What will can change?

Ethereum had planned to release its Constantinople upgrade to the testnet near time.
Soon there will be a conference Devcon4. it remains quite a bit to wait. The ether has, in fact, two ways: either "vegetating" in the corridor of $150-400, or a rocket that will take off at the beginning of 2019.
Its size will directly depend on the upcoming fork and how it will be perceived by the community.
newbie
Activity: 28
Merit: 0
November 02, 2018, 09:29:19 AM
i think we need to wait few more months to have new grow market because:
1. mt gox bitcoins are sold and as i seen there was not sold 50%
2. etf decision by sec isn't ready
3. there isn't much news in mainstream media about btc
hero member
Activity: 1218
Merit: 557
November 02, 2018, 09:21:21 AM
#99
In early 2018, the market began to fall sharply and almost the entire year holds its position. We are currently seeing more stability than volatility. But this does not mean that the market is collapsing. This year there was a great progress in the field of cryptocurrencies.

Every year their has being a volatile market and this year also its not being different. Yes some year in between markets would have recovered but this year its being more flat than expected. Still one should remember that their are 23 months left and its enough for btc to bounce back and reach all the high in some time itself. As right mentioned one should not be considering it that market is collapsing on other hand one can consider that it is getting more stable than usual.
full member
Activity: 448
Merit: 103
November 02, 2018, 09:19:37 AM
#98
In early 2018, the market began to fall sharply and almost the entire year holds its position. We are currently seeing more stability than volatility. But this does not mean that the market is collapsing. This year there was a great progress in the field of cryptocurrencies.
Agree always think positive in crypto, and i think there is no need to correct the dump happen due to decreasing of volume of investors and i am sure that sooner those investors will come back and the volume of demand will start to increase again and again.
sr. member
Activity: 485
Merit: 250
November 02, 2018, 08:56:51 AM
#97
In early 2018, the market began to fall sharply and almost the entire year holds its position. We are currently seeing more stability than volatility. But this does not mean that the market is collapsing. This year there was a great progress in the field of cryptocurrencies.
member
Activity: 216
Merit: 17
Xircus
November 01, 2018, 09:44:29 PM
#96
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....
member
Activity: 294
Merit: 10
W12 – Blockchain protocol
November 01, 2018, 08:18:21 PM
#95
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.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
November 01, 2018, 07:52:37 PM
#94
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.  Wink

Maybe you're right guys, this year is the year removing the bubble last year. But, would you settle that the stable prices would be somewhere at these ranges? Hoping it will still be higher than these current prices.
sr. member
Activity: 784
Merit: 250
November 01, 2018, 07:22:25 PM
#93
You made a good point here to give an excellent reason for the bearish market almost for the whole year. As you can see the market is stable though at lower prices as compared last year. Would these prices be the prices at a stable price? If yes, this would mean a lot of new investors would get disappointed especially those who bought their coins last years and holding up to now.
hero member
Activity: 3052
Merit: 606
November 01, 2018, 07:14:01 PM
#92
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 completely agree with the author. In addition, this year has become an important year in terms of cryptocurrency regulation in general. Many countries have made important decisions and move on. Although the SEC has not yet made a positive decision, the main applications have nevertheless been made and work is underway. There were also many crypto-funds and institutional investors that began to invest in crypto-startups.
Right.There are a lot of doors that had opened for cryptocurrency.This year may be a bearish year but i know this correction will come to an end soon.And hopefully by next year we can see a bull run already.People who have been patient enough to hold their coins for a very long time will finally make a huge profit in the end.
sr. member
Activity: 602
Merit: 250
November 01, 2018, 07:12:38 PM
#91
2018 with me is really a bad year of electronic money. We need to re-adjust the market to become more active. I think the higher the price of coins, the better it will attract more people to invest. Keeping prices down as late as 2017 is the best thing to do.
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