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Topic: Cryptocurrency market to suffer from strong correction - page 12. (Read 2125 times)

full member
Activity: 532
Merit: 103
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
Nothing new here. We have seen a lot of people or analysts said that Bitcoin and cryptocurrency market will crash and lose most of its value but it never happened, 90% drop in price is very unlikely unless there will be a huge bad scenario that will happen related to cryptocurrencies or if people will lose their interest to invest, I wonder what analysis this man did to get into this conclusion lol. This is just another FUD to manipulate the market or to make the price more cheaper, because they are seeing that the market are now starting to recover from last few month correction. Expect to see more of this kind of prediction as the market goes for a bull run.
There are and there will be lot of rumors in the world regarding that of the crypto currencies and that you will come across so many people will ask you not to invest your money into the crypto currencies as this has no bright future and many more things. However, if you want to be some positive change in your life, then you need to trust the crypto currencies as this will surely change your life.

Happy to see the person who really understand the crypto currency and fake news has been spreaded everywhere chap. Whatever news comes in the news and then even on this forum about the bitcoin's future value.
That makes many people to think that no profit and then everyone believe the news is true.
Then they are selling their coins mate. First newbies all should learn many things in this forum itself about the btc price evaluation.
hero member
Activity: 1092
Merit: 501
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
Nothing new here. We have seen a lot of people or analysts said that Bitcoin and cryptocurrency market will crash and lose most of its value but it never happened, 90% drop in price is very unlikely unless there will be a huge bad scenario that will happen related to cryptocurrencies or if people will lose their interest to invest, I wonder what analysis this man did to get into this conclusion lol. This is just another FUD to manipulate the market or to make the price more cheaper, because they are seeing that the market are now starting to recover from last few month correction. Expect to see more of this kind of prediction as the market goes for a bull run.
There are and there will be lot of rumors in the world regarding that of the crypto currencies and that you will come across so many people will ask you not to invest your money into the crypto currencies as this has no bright future and many more things. However, if you want to be some positive change in your life, then you need to trust the crypto currencies as this will surely change your life.
member
Activity: 546
Merit: 32
Today and this month have those people change their prediction about cryptocurrency? As they can see some positive growth of them, people suffer not the altcoin themselves since we are the one who were affected by their sudden drop price.

Yes crypto currencies had a better value and better stability in this month so this is the better chance to make some investment and it will be very good value in future.
newbie
Activity: 112
Merit: 0
Today and this month have those people change their prediction about cryptocurrency? As they can see some positive growth of them, people suffer not the altcoin themselves since we are the one who were affected by their sudden drop price.
full member
Activity: 490
Merit: 106
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
Nothing new here. We have seen a lot of people or analysts said that Bitcoin and cryptocurrency market will crash and lose most of its value but it never happened, 90% drop in price is very unlikely unless there will be a huge bad scenario that will happen related to cryptocurrencies or if people will lose their interest to invest, I wonder what analysis this man did to get into this conclusion lol. This is just another FUD to manipulate the market or to make the price more cheaper, because they are seeing that the market are now starting to recover from last few month correction. Expect to see more of this kind of prediction as the market goes for a bull run.
full member
Activity: 420
Merit: 171
Aside from spreading FUD, I'm pretty sure this was posted here to boost their ads earning. I bet the site itself is full of ads-- just don't click the article. In fact, All these supposed-to-be analyst/expert predictions are not even worth reading LOLOL.

Really accurate that OP is a real fud, Suggest other viewers not to click that link or else you'll see tons of ads and if you accidentally click maybe you'll end up to a phishing link. no one on earth can decide whether any crypto will go to its downfall or to it's summit rise, in my own opinion it is base upon the law fd demand and supply, and supporters.
legendary
Activity: 2576
Merit: 1655
These are speculation and this is part of the market.
It is certain that corrections will come but how deep it will, is what I can't analyse. But I think OPs deep is really as deep as killing of cryptos.

Well its not OP prediction but something he snatch from the internet and posted it here. But the problem is that he looks like creating much FUD to a market who are just really riding a good momentum recently. So one has to question his motive. But as far as 90% wtf? its to exaggerated because we all know that the market can't go down that deep unless there's a big negative news which we don't see. Government banning could be one factor, however, in the last 3 months we have seen government regulations and outright banning but still bitcoin didn't crash to like 90%.
hero member
Activity: 896
Merit: 520
These are speculation and this is part of the market.
It is certain that corrections will come but how deep it will, is what I can't analyse. But I think OPs deep is really as deep as killing of cryptos.

Where you are seeing the price dump in the market mate. I see bitcoin continously bumping the market. In this meanwhile you are saying the correction will come means no one believe you mate.
As we see the comparison for the each and every year price value changes. In the month of August we will find the dump in the market for sure but next month again we will find the bitcoin price bumped in the market so this good time to invest your money mate.



full member
Activity: 1736
Merit: 121
These are speculation and this is part of the market.
It is certain that corrections will come but how deep it will, is what I can't analyse. But I think OPs deep is really as deep as killing of cryptos.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months

they said 90% collapse? this is a very large number, it would be that these analysts did not exaggerate in the drink, maybe they drank too much and then they spoke nonsense, how they justify this supposed collapse of 90%? the price falls and is recovering and we do not have many negative news so I'm not seeing why reasons would collapse 90%. one of the biggest problems I see is many analysts who have lost their brightness are using reputation that bitcoin have to appear on news channels, even if they use shady methods these analysts use everything they have to news channels to write their names in some article

hero member
Activity: 3080
Merit: 603
This is just a FUD alert.

This is nothing new and has hidden agenda like those news last year same as Jamie Dimon's claim of bitcoin being a fraud.

It's obvious that banks are suffering with crypto's now so they are trying to pull it down by making these misleading articles.
What we should expect? Same as you said these things or Fuds isnt new anymore into this cryptomarket.Everyone do really like on crypto to go down specially banking sector and they do make fuds to create panic but as they know we arent really shakin of with those words.We have passed how many tremendous corrections but still we do able to survive it.If you cant hold on on the volatility then crypto investment isnt really for you.
As hydrogen said they can have a little bit of experience and knowledge with crypto's or they are totally outrageous and no experience with it.

We are immune to this type of threats but we are not being targeted by them, they are targeting those new investors that can bring forth such tremendous gain for crypto's market cap.
newbie
Activity: 29
Merit: 0
Highly doubt this to be the case.
legendary
Activity: 2562
Merit: 1441
These look to be key parts of the prediction:

Quote
First, more institutional investors will come to the market, the prices of crypto assets will start to grow sharply, and investors will start to fix profits. This will entail an outflow of capital and a panic sellout. The market will crash by 90%, believes Sebastian Markowsky, a director at GP Bullhound.

Quote
"I think both are bubbles," he said of bitcoin and ether, but "if I were going to be wrong about one of these, it would be bitcoin."

This is the google description for GP Bullhound(those making these predictions):



Image link: http://i67.tinypic.com/25i6txh.jpg

They specialize in: "mergers & acquisitions, capital raising and private placements in the technology sectors". Meaning they could have little or no experience with crypto currencies. They may not even have a background in trading stocks, bonds, precious metals or anything that would give them real experience or a good perspective on the topic.

Not that the media cares if they quote people who have no experience in the topic they're commenting on, maybe they're desperate for anything which remotely criticizes bitcoin.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
Aside from spreading FUD, I'm pretty sure this was posted here to boost their ads earning. I bet the site itself is full of ads-- just don't click the article. In fact, All these supposed-to-be analyst/expert predictions are not even worth reading LOLOL.
sr. member
Activity: 2296
Merit: 360
This is just a FUD alert.

This is nothing new and has hidden agenda like those news last year same as Jamie Dimon's claim of bitcoin being a fraud.

It's obvious that banks are suffering with crypto's now so they are trying to pull it down by making these misleading articles.
What we should expect? Same as you said these things or Fuds isnt new anymore into this cryptomarket.Everyone do really like on crypto to go down specially banking sector and they do make fuds to create panic but as they know we arent really shakin of with those words.We have passed how many tremendous corrections but still we do able to survive it.If you cant hold on on the volatility then crypto investment isnt really for you.
newbie
Activity: 94
Merit: 0
Fear and bad news sells, that's why the majority of the news you hear is all negative...
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
Wowwww,I wonders about your prediction. Cheesy

People are doing as much as they can to bring down the price of crypto currencies but the bitcoin price keeps increasing every year so the investors need to see that price chart and make decision,if you simply get panic for the FUD news like these then you better to sell your cryptos and go for safe investment like gold.
legendary
Activity: 2828
Merit: 4370
🤑 Free Bets have been credited 🤑
I gladly accept this correction, thanks for the cheaper coins everyone.
The fact is there will always be corrections in Bitcoin, it will not continue to just go to the moon.
It's up to the strong hands to outlast the weak ones who feel inclined to panic sell when the price is down.
If you're not one of those people, and I strongly suggest you not be, it should all be worth it.
hero member
Activity: 966
Merit: 513
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction

I think actually we need a troll buster we need here in this forum. I do not know whether you have brain or not. Simply wasting time reading the fake news over the news site and elsewhere.
If you believe these kind of news you are fit to make the profit with the bitcoin mate.
Have you seen the news from the Reddit acceptance of bitcoin. If you look at that you will not give damn to this news.
legendary
Activity: 3346
Merit: 3130
Another "let make people commit panic selling" article, I'm afraid.
Such a kind of words is always related to the intention of guiding (or misguiding) people into a fear selling. Do not pay any attention to them, for they have no serious bases to sustain the motto, this kind of article is always looking for creating some panic selling.
Wich is going to determinate the crypto in 2018 is probably regulation. Many countries are making some policy design regarding crypto and, probably, it will be reflected in the prices of the coins. But, for the moment, the policies seem to be well-directed in countries as the US, Germany, and others.
Let's wait and see. None can see the future, yet.
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