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Topic: Crash, Correction, Rumors... - page 2. (Read 1597 times)

sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
September 14, 2017, 12:55:31 PM
#21
So far this year, Chinese government entities have taken numerous actions which have cooled prices in crypto markets. Thus far, prices have rebounded higher. Every. Single. Time.

I mean, don't get me wrong: I'm one of the first to observe that past performance doesn't guarantee future outcomes; nonetheless, the Chinese governments' ability to have a lasting, material impact on crypto has yet to be demonstrated.
full member
Activity: 322
Merit: 179
September 14, 2017, 12:54:51 PM
#20
By the end of October everyone will have forgotten this correction ever happened.

This is very true in crypto world.  Grin

If you check the history, we got back stronger after such issues.
The most important things that we should all remember are.
- DON'T PANIC and DON'T SELL(now Grin)

Yes agreed. To avoid panic, I am not looking at market now.  Smiley
newbie
Activity: 39
Merit: 0
September 14, 2017, 12:50:53 PM
#19
If you check the history, we got back stronger after such issues.
The most important things that we should all remember are.
- DON'T PANIC and DON'T SELL(now Grin)
member
Activity: 110
Merit: 10
September 14, 2017, 12:45:35 PM
#18
By the end of October everyone will have forgotten this correction ever happened.
full member
Activity: 560
Merit: 100
September 14, 2017, 12:41:17 PM
#17
In the last weeks, we had so many rumors, and because of that we had " Crash"? No, I believe its some sort of market correction, it is good for ICOs, to have more money going in instead of BTC.


I think the opportunity to go there is always there. and this is a rumor, obviously rumors influenced the country of China. so now is the time to see and be good at situations.
newbie
Activity: 45
Merit: 0
September 14, 2017, 12:37:24 PM
#16
Crash and burn..

It will go down..
go down..
and go down..

until it go up.

No one know the truth, Market will tell the story
full member
Activity: 211
Merit: 100
September 14, 2017, 12:22:11 PM
#15
If you can't handle it just don't look, leave it be for 2 or 3 days and then look back. They want you to sell so they can buy cheap, don't fall for it!!! Your coins are yours to keep so take the bad moments with the good and keep beleiving!!
full member
Activity: 140
Merit: 101
September 14, 2017, 12:06:53 PM
#14
In the last weeks, we had so many rumors, and because of that we had " Crash"? No, I believe its some sort of market correction, it is good for ICOs, to have more money going in instead of BTC.
What goes straight up MUSt come straight down.
full member
Activity: 434
Merit: 175
September 14, 2017, 12:01:37 PM
#13
Is it crash ? Yes....
Is it correction ? Yes...

Is these all because of china bad news ? NO....it is because crypto going too high already... now its time for consolidation and mass adoption..let more people comes...

Crypto is not only for china..it is created for all people all over the world. Rusia was ban it begore..but now they accept andu support it. They realize it can not be banned..
sr. member
Activity: 1932
Merit: 300
September 14, 2017, 11:56:14 AM
#12
I believe it's largely correction.
A lot of rumors, mainly the china banning Chinese exchanges.
So, a small crash. Not a bad one for long term holders.
member
Activity: 208
Merit: 84
🌐 www.btric.org 🌐
September 14, 2017, 11:43:27 AM
#11
In the last weeks, we had so many rumors, and because of that we had " Crash"? No, I believe its some sort of market correction, it is good for ICOs, to have more money going in instead of BTC.

Corrections are a healthy way for markets to consolidate at a new floor and launch another leg up.  The action by the Chinese central bank is causing their exchanges to have to either close or remove fiat conversion.  This, in turn, causes a large amount of liquidation which increases the supply of BTC.

From what I understand there's somewhere around a 15-20% discount in BTC value on Chinese exchanges right now.  This will settle out.
full member
Activity: 144
Merit: 100
September 14, 2017, 11:31:15 AM
#10
Interesting what will happen after 1 November.



what do you think will happen ? maybe another correction or cashout for xmas
full member
Activity: 872
Merit: 120
September 14, 2017, 11:12:07 AM
#9
Interesting what will happen after 1 November.

sr. member
Activity: 770
Merit: 254
September 14, 2017, 10:16:45 AM
#8
In the last weeks, we had so many rumors, and because of that we had " Crash"? No, I believe its some sort of market correction, it is good for ICOs, to have more money going in instead of BTC.
Well, China's ICO ban caused price to go down, then JP Morgan said bitcoin is fraud and probably some people are panic selling bitcoins.
To be honest i see all this as simple correction, nothing more, just remember what happened week or two before August 1st, bitcoin dropped its value from 2800$ to 1800$ and raised to 4800$.
full member
Activity: 322
Merit: 100
September 14, 2017, 09:49:44 AM
#7
I think it just coincided all events. The market for a long time was overheated and we needed consolidation to continue, this news just pushed the market to the inevitable.
full member
Activity: 154
Merit: 106
September 14, 2017, 09:42:51 AM
#6
Don't panic Brother, bitcoin popularity and community always growth naturally day bye day.
And the price will higher year by year.

I am sure we will see $5000 before Christmas.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
September 14, 2017, 01:58:27 AM
#5
Yeah these days there are a lot of FUD going on by people and worse thing is nothing can be done about it.
The bitcoin price rallies to go down as there is a negative trend towards crypto going on these days. But as the history shows us that bitcoins has suffered all these waves and has increased in price however, it is just a matter of time and i am sure bitcoin will rise again and so will the altcoins.
hero member
Activity: 770
Merit: 500
🌟 COMSA ICO: 10/02/17 🌟
September 14, 2017, 01:51:59 AM
#4
In the last weeks, we had so many rumors, and because of that we had " Crash"? No, I believe its some sort of market correction, it is good for ICOs, to have more money going in instead of BTC.

There always were and will be so called "crashes")) But instead, in long term the price will grow up very fast. Not only BTC, but most of crypto market.
full member
Activity: 378
Merit: 100
September 14, 2017, 01:26:53 AM
#3
Don't panic Brother, bitcoin popularity and community always growth naturally day bye day.
And the price will higher year by year.
sr. member
Activity: 1036
Merit: 311
September 14, 2017, 12:55:59 AM
#2
At this level it's still certainly a correction, however, it wouldn't take much support falling out beyond what already has to cause some serious panic sells from all the young money that's recently flowed in.

It doesn't take long to season yourself in this game and the smart ninety is still on wisely invested long positions.

If you think like stocks, rarely do small investors make trades in sub-6 month intervals, the pace of crypto can be amazing and terrifying.
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