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Topic: Correction incoming? - page 7. (Read 1096 times)

full member
Activity: 518
Merit: 100
April 25, 2018, 11:51:28 PM
#73
What does this market depend on? Growth is very slow, but the correction immediately discards all tokens in the price.
full member
Activity: 700
Merit: 136
April 25, 2018, 09:38:07 PM
#72
This is just a small pullback after many days of gains. Nothing big to worry about. Bitcoin reversed from resistance in the $9500-$10000 zone and should go to next price level of $11500 on the next rise.
legendary
Activity: 1302
Merit: 1000
April 25, 2018, 09:18:15 PM
#71
in my opinion it's not a correction, it's just a stabilization phase, in this week the market growth with an huge pump, almost every coin was having nice gains, it was almost like dicember but it was not health for this market, we need a costant stable growth instead of these big pumps made by speculators

if bitcoin price down this mean corection price
not stable price, because of bitcoin price never stable, always down and up the price

We never see any stable price for the Bitcoin because its keep going done and upon the basis of demand and supply. We have to be very careful when dealing with the bitcoin because there is a price correction in Bitcoin but it won't stay much longer at that price keep moving up and down.
sr. member
Activity: 490
Merit: 258
April 25, 2018, 08:55:50 PM
#70
It's not correction - it's called payback time. ha ha ha! As you see, these money makers have surely bought tons of tokens and bitcoins in the past months, I assume they keep the price down by dumping a portion of their coins and then the weakhands follow the trend, then the money makers buy them back, simple as that... Now, I also assume that these moneymakers doesn't really want to hold a bag of bitcoins/tokens because they are "money" makers (fiat)... so since they already have a bag full of high-cap tokens, it is time to sell now and take high gains. That's how I speculate these market. ha ha ha.

Anyway, just wait for the next bottom - it's not too far from now.
member
Activity: 163
Merit: 10
April 25, 2018, 07:23:18 PM
#69
Well i want ethereum to go down below $500, it would be a very good opportunity to re-buy more, i have sold ETH at $710 (most part of my portfolio) So if it goes lower, i think that i am gonna buy more.

hero member
Activity: 2730
Merit: 632
April 25, 2018, 06:37:48 PM
#68
Going up for many days.

Is the market due for a correction?
Why not?
We should really expect such thing because market wont really just go up forever or for a long time.There would be always a price correction which i do treat it as a normal thing because this is how market works. Price increase and price decrease on where buyers and sellers do make activity and making out profit on such movement.Price volatility would always shows price increase and decrease and nothing to be surprised on.
full member
Activity: 742
Merit: 144
April 25, 2018, 06:34:44 PM
#67
Black days might be in coming, but i do not think that it is gonna be soon.

The correction is happening right now, everything dropped like a ten percent today, and that is not all.. Ethereum dropped from $700 to less than $600 today.



Yeah, its happening now and I think this will not last in days because the market will bounce back again.
This is a healthy correction, don't be fool but those people who are trying to dump the market so they can buy more.
member
Activity: 184
Merit: 10
April 25, 2018, 06:27:04 PM
#66
Black days might be in coming, but i do not think that it is gonna be soon.

The correction is happening right now, everything dropped like a ten percent today, and that is not all.. Ethereum dropped from $700 to less than $600 today.

full member
Activity: 686
Merit: 108
April 25, 2018, 06:15:14 PM
#65
Small correction coming. Probably to $8500 then it will goes up again. We need to break $12k to enter the bullish phase again. I am sure we have enough power to break it. And when it break $12k price people will fomo and the price going uncontroled again to $30k. This is not financial advice, just my opinion

The price of cryptomarket should correct for now because people might take profit easily but of course this is just a temporary dump and don't panic because you might lose this opportunity again when the price climb higher.
full member
Activity: 560
Merit: 217
April 25, 2018, 06:06:27 PM
#64
Small correction coming. Probably to $8500 then it will goes up again. We need to break $12k to enter the bullish phase again. I am sure we have enough power to break it. And when it break $12k price people will fomo and the price going uncontroled again to $30k. This is not financial advice, just my opinion
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
April 25, 2018, 03:38:18 PM
#63
in my opinion it's not a correction, it's just a stabilization phase, in this week the market growth with an huge pump, almost every coin was having nice gains, it was almost like dicember but it was not health for this market, we need a costant stable growth instead of these big pumps made by speculators

I think you are right that this is a stabilization phase, which started at least a month ago for Bitcoin (not for altcoins), but this cannot be seen as not a correction. It definitely was a huge pump, so it is perfectly natural that corrections should happen, and as you can see, the slow climb is starting again. Bitcoin is back above 9k, ETH is back above 620, and most altcoins are trimming losses from 20% to 10% now in past 24 hour period.

Healthy for the market, I definitely approve.
hero member
Activity: 714
Merit: 500
April 25, 2018, 03:35:27 PM
#62
in my opinion it's not a correction, it's just a stabilization phase, in this week the market growth with an huge pump, almost every coin was having nice gains, it was almost like dicember but it was not health for this market, we need a costant stable growth instead of these big pumps made by speculators

if bitcoin price down this mean corection price
not stable price, because bitcoin price never stable, always down and up price
member
Activity: 392
Merit: 12
April 25, 2018, 03:34:54 PM
#61
Well now it is happening. People are dumping with their weak hands. I believe we will go up after btc starts chilling again. Might be days/maybe even weeks lets see.

While this is a possibility, some of them are actually the smart ones.  Buy low, sell high... repeat as opportunities arise. Wink
should be with the current decline, no need to panic because experienced people have been waiting for this moment to gain profit by buying it at a price that is not too expensive, and sell it back when the price has gone up, maybe it will be 2x more if still holds it
member
Activity: 308
Merit: 10
April 25, 2018, 03:19:50 PM
#60
in my opinion it's not a correction, it's just a stabilization phase, in this week the market growth with an huge pump, almost every coin was having nice gains, it was almost like dicember but it was not health for this market, we need a costant stable growth instead of these big pumps made by speculators
legendary
Activity: 1442
Merit: 1001
April 25, 2018, 03:19:28 PM
#59
The ether correcting. Perhaps, a precedent for replacing DNS was created for this. It was even uncomfortable to look at the constant growth of ETH all these days Grin
It seem there are a lot of facts working on market right now and this is one of them
OKEX  Halts ERC20 Deposits Following Discovery Of Critical Ethereum Smart Contract Bug" .
https://www.ccn.com/erc20-bug-allows-attackers-to-print-some-tokens-out-of-thin-air-researchers-claim/
Recently poloniex did the same so definately we will have correction in some time but in general market ready to grow I guess, cause there are a lot of poeple that invested in coins and price went up from 350 to 700 for ETH and Bitcoin cash did almost x2 and this is 4th coin on market.

i think this is the main reason why the market blooding again.
Well, ERC20 strikes again! poloniex,hitbtc,okex has been suspend deposit and withdrawal ERC20 from these exchange.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
April 25, 2018, 03:16:22 PM
#58
I am not even worried by a little, we all know how all this kind of corrections works - after a huge bullrun, a new sunset.

It has come today I think; but that correnction will be very light and temporary.

This will probably be like all the other corrections - it will take some days until we can see everything going up again (like usual)
member
Activity: 149
Merit: 12
April 25, 2018, 03:07:50 PM
#57
It has come today I think; but that correnction will be very light and temporary.
full member
Activity: 504
Merit: 100
April 25, 2018, 03:05:15 PM
#56
Again, I was convinced that the market is largely dependent on the news. Yesterday was published the news that MEW was hacked, against this background, the market went down.
and I do not take it into account. Many thanks that reminded. I was very disappointed with the drop in the price of horseradish. Yesterday, another 710 dollars for the etherium, and today 640.
member
Activity: 350
Merit: 10
Global loyalty & rewards
April 25, 2018, 02:05:00 PM
#55
Going up for many days.

Is the market due for a correction?
I think there will be fall soon. Today altcoins are going up crazily.. before I fall asleep Litecoin was 150, after I wake up, Litecoin is 160, now is 640.
hero member
Activity: 1218
Merit: 500
April 25, 2018, 10:44:50 AM
#54
Again, I was convinced that the market is largely dependent on the news. Yesterday was published the news that MEW was hacked, against this background, the market went down.
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