Topic: 2018 the year of correction? - page 19. (Read 18094 times)

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.

Please if I may say according to your opinion, are you implying that the real value of Bitcoin should be within the range of $6,300 that we have had for the greater period of 2018? I don't really think so. Bitcoin or other cryptocurrencies in my opinion do not have any specific price or range of price they should stay. It is supposed to move freely according to the basic law of demand and supply.

Indeed this year the price of bitcoin will rise too high, as you are waiting and you are not worry about the price so it shows how faithful you are about crypto currency, waiting today will surely give you better reward, it needs only patience and good wallet to hold your coin so it will rise high, so keep this thing in your mind that price will be high tomorrow even if it is low today.

Yeo you're absolutely right. Things went wayward last year and we needed to get back on track. All I'm hoping fr is that crypto doesn't get a worldwide ban. Other than that, i don't care about the prices because after corrections it naturally moves up.

People are a bit sad about the current market and most say it is a correction as you have said. Others are saying it is a bubble which I think best describes what happen during this year. On my observation these things that have happened is the result of misleading thoughts that bitcoin will make you instantly rich as others did gain from it. It was just luck and proper timing because many are really just losing their money. Those times when others have tried gaining more, many then tried to jump on the promise of green pasture but ended up sad. The reason was simple the pump was just artificial too many were just holding coins and real usage was limited. As of now their were good news about companies using bitcoin so I think 2019 will be better for bitcoin.

Because we see with the investor's eyes, we are willing to see prices that go upwards. In fact, no market can move in this way. This year is the year of corrections, a good preparation time for years to come.

If what is happening is really a correction, then I think it has over corrected. This correction is so severe that, I can predict that some people including myself are psychologically lacerated. I hope this correction ends soon for the market to peak up.

The 2018 is not only the year of correction but is also the year that is has proven that cryptocurrency is not just a bubble.

I agree, the movement of bitcoin in 2017 is very extraordinary, and is now experiencing a severe decline. however, no one knows that bitcoin will go where next year will it increase or still remain at current prices or it will drop again. I hope Bitcoin reaches the highest peak

Totally agree with your opinion! Bitcoin will become agressive when 2019 starts. The correction of the price is on the current phase by which we cannot make profits. 2018 is a bad year for cryptocurrency because the price of bitcoin amd other crypto does not materialized and a lot of ICO are scam and failed.

hovering in the range of $6,000, I'm sure it will continue until the end of the year, not sure what actually happened to make the price of bitcoin stable in a long time. Some claim that this happened because of an ETF and will soon increase after getting good news. I personally just wait for the movement in the coming year, hopefully there will be a positive movement.

I also like to think of you. There is nothing that holds fast at the peak. Everything needs fluctuation in order to be perfect. Cryptocurrency also. It takes time to be adjusted to a more reasonable value for investors to re-invest more in the market. There will be no virtual pricing and manipulation. That is what we need.

Yup, it will continue in 2019 as well because I think we will see another erratic movement in the market at the end of 2018. Still, now it is stable hovering around $6000, but the possibility is still there to see some uprise and not a healthy one obviously. So, correction may follow up in the next year as well if we see the erratic behavior in the market this year end.

Maybe in 2019 also the correction period will get extend until first of second quarter because the prices were still low when compared to all time high and there is no sign of prices were increases in the near future as well so as long as we are holding our coins will be helpful for the prices to recover faster.

That is always one thing about the market, there will always be a time for the bulls and could go for as long as you can, and in most part of things, you can always get to see a time for the bears as well.

It is a market cycle and there is pretty nothing we can do about it, than to take advantage of the situation most of the time, and see every cycle as an opportunity to either be profiting from the bulls movement or be accumulating during the bear period. As long as you are smart enough to know what you are to do in every scenario, I am sure you would not have a problem with anything that the market brings.

That is just the thing which a lot of people usually do not get, and the bull run actually started at the point we are trying to find a support right now. It is still a very much healthy correction which was imminent anyway, although what has happened has been one of the reasons why a lot of us have always been clamoring for the market to get to a point where we will get to see some steady growth and real life usage than just some sort of speculation here and there which at the end of the day is never sustainable, leads to a bubble as a result of FOMO, and then pop. However, for what it is worth, I still believe the market is still behaving as expected when it comes to potential for the future.

That is true. But id you look at the projections and trend for the last five years, we'll see that we are still performing better thN expected. We are just too hung up on the spike that happened early this year to realize that the market, no matter what people say is doing great. I just hope others see it too and manage their expectations.

The term " real value " is odd, because there actually is no such thing. The real value is the value of asset which people are willing to pay. We had a hype , then we had a correction, this is normal.

It was to happen when the price went straight up then it has to come down but when the market started to correct the weak hands made more price down. This mostly happened due to top country started to regulate the cryptocurrency due to lost of ICO scam and some country banned bitcoin usage. But future will be good as now the scammers will get hunted and genuine projects will lead which will boost the crypto currency market to more high in future.

the correction period for crypto after the end of 2017 experienced a significant increase is an understandable opinion, where currently the movement of crypto and bitcoin in particular is starting to stabilize and tend to decline, hopefully by the end of 2018 or the following year a subsequent surge will occur to prove that crypto is alive

Maybe Yes and Maybe NO, since we are still on the last 2 months of this year 2018 and anything can happen on that short timeframe just like on what we have seen on last years bull run but
I cant really deny about this current market condition and as a crypto enthusiast we would really able to feel the markets very bearish movement or consolidation state.For now we cant really do anything
but to wait up for the market to recover.