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Topic: Cryptocurrency market to suffer from strong correction - page 7. (Read 2099 times)

sr. member
Activity: 560
Merit: 286
Is it still considered a correction if it go down further than its price before it spiked tremendously? Because I really believe it is not a correction but a crash from moon back to earth. There is no correction on this year for me but only crashes and rare recoveries.
Uuhm… I don’t know for sure, but some people were saying this last year that the price will go for a correction by the end of 2017 and that’s what just happened exactly. Though may looking at what you just said, I think you’re right.. Maybe the price isn’t being corrected, it’s just a normal fall because people have been withdrawing their funds. Whatever it is, I just hope things go for the better and be balanced properly.
sr. member
Activity: 1512
Merit: 316
These are speculation and this is part of the market.
that's why the majority of the news you hear is all negative...
but I expect good news from their upcoming decision

Those speculations are never ending as everyone who has missed the high profits will want that btc should keep on falling so that they can buy at much lower price. On other hand a smart people are those who on lower price as well will keep buying to collect more coins at lesser value and makes the average of the price.
newbie
Activity: 13
Merit: 0
These are speculation and this is part of the market.
that's why the majority of the news you hear is all negative...
but I expect good news from their upcoming decision
sr. member
Activity: 1042
Merit: 273
The current capital line does not focus on crypto so the market will be gloomy and long sideway.
no doubt in this day the bitcoin market is gloomy but I think it is for the time being and soon growth will start and the price will up again. This correction was necessary because the previous pump was not according to the market capital and we saw a big price as a result. Now the price has been corrected and put it on the track. There is nothing to worry about the price.
hero member
Activity: 1008
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
this may be the reason the value of bitcoin and the market is constantly going down and there are no signs of stopping. But if the coins are listed as a new type of securities accepted. The price that bitcoin and crypto can bring us to the moon soon. I expect good news from their upcoming decision.
Correction continues to occur. Could it be that deep that correction is happening? it seems we need a lot of positive news that will
lift the demand back up. the correction continues as many people continue to panic and fear. that's what its subject matter
newbie
Activity: 229
Merit: 0
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
this may be the reason the value of bitcoin and the market is constantly going down and there are no signs of stopping. But if the coins are listed as a new type of securities accepted. The price that bitcoin and crypto can bring us to the moon soon. I expect good news from their upcoming decision.
hero member
Activity: 672
Merit: 500
Do we need to more correction from the present time dump we are seeing in the market now. I really worry about the marketplace value of bitcoin and other alts too, since I am hodling aroun 3 bitcoins in my wallet need to sell it for profit in next few weeks.
That is too I expecting for personal works going here for my home renovation.
I see this really troubling the bitcoin value in big numbers. We need to wait till September month then we can expect the growth for bitcoin and even alts.
If you have 3 bitcoins in your wallet and you can wait for them to come to a better price then wait and do not sell them now as the price is now below the actual price and every coin is tending to come to their actual price which was in the previous year December.
Now if you need money then try to earn more and when you need to spend then spend that new earned money while keep your storage with you in your wallet and wait a little more.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
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

The green day is yer to come cannot wait for it to come. Well, we still suffer from this great depression. What we need right now is to invest, lend or buy more crypto it would be a great benefit in the end once the market price goes up. It is still at the middle of the 2018 so I guess positive changes could possibly happen at the end of the year.
legendary
Activity: 1372
Merit: 1005
Do we need to more correction from the present time dump we are seeing in the market now. I really worry about the marketplace value of bitcoin and other alts too, since I am hodling aroun 3 bitcoins in my wallet need to sell it for profit in next few weeks.
That is too I expecting for personal works going here for my home renovation.
I see this really troubling the bitcoin value in big numbers. We need to wait till September month then we can expect the growth for bitcoin and even alts.
member
Activity: 280
Merit: 10
The current capital line does not focus on crypto so the market will be gloomy and long sideway.
The it is side by side earning which never remain at any point, it use to rise and it falls as well we use to deal with bitcoin accordingly, it is good to buy some bitcoin at high price and hold it more and more so it will get us profit, but panic selling makes the price down, so let it be more corrected and high in price as well as in demand, bitcoin organization is working day and night for the progress of bitcoin.
member
Activity: 1204
Merit: 38
Is it still considered a correction if it go down further than its price before it spiked tremendously? Because I really believe it is not a correction but a crash from moon back to earth. There is no correction on this year for me but only crashes and rare recoveries.

Do not worry much with those correction even it happens. Though now the lower end is almost complete and should be seeing something good in coming weeks and may be you will be surprised if it can move 1 or 2k in a day or so. Its btc will recover and bounce back stronger than before.

Agree there is no need to be worry about the price of bitcoin if it will fall to zero, as correction is being done and it will never stop rising and falling as bitcoin is fluctuating by nature, so if the price of bitcoin will be low then try to hold as much as possible and don’t forget to buy more coins, recently price of bitcoin was falling badly but now again has started to rise, expected rise in price is almost 40k at the end of year 2018.


In the previous year cryptocurrencies made a lot of changes in economy and many people investing in lot of money into it but due to some other economical reason the value of ripple currency in this year but not that it will be a little disappointment for older people but the last two months will be best for coming up next month.
full member
Activity: 490
Merit: 100
Is it still considered a correction if it go down further than its price before it spiked tremendously? Because I really believe it is not a correction but a crash from moon back to earth. There is no correction on this year for me but only crashes and rare recoveries.

Do not worry much with those correction even it happens. Though now the lower end is almost complete and should be seeing something good in coming weeks and may be you will be surprised if it can move 1 or 2k in a day or so. Its btc will recover and bounce back stronger than before.

Agree there is no need to be worry about the price of bitcoin if it will fall to zero, as correction is being done and it will never stop rising and falling as bitcoin is fluctuating by nature, so if the price of bitcoin will be low then try to hold as much as possible and don’t forget to buy more coins, recently price of bitcoin was falling badly but now again has started to rise, expected rise in price is almost 40k at the end of year 2018.
sr. member
Activity: 1512
Merit: 316
Is it still considered a correction if it go down further than its price before it spiked tremendously? Because I really believe it is not a correction but a crash from moon back to earth. There is no correction on this year for me but only crashes and rare recoveries.

Do not worry much with those correction even it happens. Though now the lower end is almost complete and should be seeing something good in coming weeks and may be you will be surprised if it can move 1 or 2k in a day or so. Its btc will recover and bounce back stronger than before.
sr. member
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
Is it still considered a correction if it go down further than its price before it spiked tremendously? Because I really believe it is not a correction but a crash from moon back to earth. There is no correction on this year for me but only crashes and rare recoveries.

correction as far as i know is the act of falling of prices but only a small percentage. While crash on the other hand is also an act of price drop but in a big percentage.  Both of these events have already happend and currently been happening to the market of cryptos. But as what ive always said, there is nothing to worry about it because the price can surely become stable later on.

there is also no need to panic because panicking wont help but will only lead to more serious problems at the latter stage.
Indeed, I don't think so that corretion is the only thing behind in this phenomena but rather crash was also the reason. And most of the people in this community are now panicking because of this reason which is wrong. In this situation, we should calm and think a countermeasure for this problem, just like what veterans tell is just bear with it and keep holding because it won't last for a long time.
full member
Activity: 1638
Merit: 122
Is it still considered a correction if it go down further than its price before it spiked tremendously? Because I really believe it is not a correction but a crash from moon back to earth. There is no correction on this year for me but only crashes and rare recoveries.

correction as far as i know is the act of falling of prices but only a small percentage. While crash on the other hand is also an act of price drop but in a big percentage.  Both of these events have already happend and currently been happening to the market of cryptos. But as what ive always said, there is nothing to worry about it because the price can surely become stable later on.

there is also no need to panic because panicking wont help but will only lead to more serious problems at the latter stage.
full member
Activity: 476
Merit: 100
Is it still considered a correction if it go down further than its price before it spiked tremendously? Because I really believe it is not a correction but a crash from moon back to earth. There is no correction on this year for me but only crashes and rare recoveries.
legendary
Activity: 2758
Merit: 1228
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
As long as you are invested in bitcoin then you have nothing to worry about, let those people that have most of their money in altcoins to worry if their coins are going to survive, the only thing you need to worry about bitcoin is to not lose your private key or to have your fund stolen by hackers but as long as you still hold your bitcoin and you are willing to hold for the long term you will unaffected even if that scenario happened.

Some of the people get so much fear for the dump happening and for that we see so much huge sell happening that's why we see that the total market cap is slowly draining and it so much alerting to see.

But lets hope for the best on this upcoming months that here will be a good sight to see on cryptomarket.
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
With the recent publication that BTC and ETH are not classified as securities, we all heaved a sigh of relief, but eventually regulations would most likely revamp cryptocurrency as we know it know.
hero member
Activity: 840
Merit: 502
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
As long as you are invested in bitcoin then you have nothing to worry about, let those people that have most of their money in altcoins to worry if their coins are going to survive, the only thing you need to worry about bitcoin is to not lose your private key or to have your funds stolen by hackers but as long as you still hold your bitcoin and you are willing to hold for the long term you will unaffected even if that scenario happened.
newbie
Activity: 44
Merit: 0
The current capital line does not focus on crypto so the market will be gloomy and long sideway.
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