Topic: Is the market correction coming? - page 2. (Read 2437 times)
Bitcoin is going up because that's the place where it should be. The network is achieving new levels of security and stability. However, if Bitcoin reaches the mark of $ 5000 in a few days, I think we should be seeing a correction by the end of the week.
The correction will come pretty soon, give it max 3 weeks and you'll see.
There will be a correction at some point, be it now or later. Brace yourselves for it, I expect a lot of whinging and regret from bed-wetters, forgetting how well the price has been doing lately.
I never should have bought Alts. I'm down many bitcoins now. I would have been way ahead just leaving it all in bitcoin. Alts getting slaughtered vs bitcoin ;(
Definitely new here. Relax man.. wow
There is so much talk about bitcoin > $5000. I dont think we will see much resistance before it hit $4800. And alts will most likely continue down if that is the case.
agree, everyone have been talking about bitcoin is going to reach 5k$ before the end of 2017, but it seems we might see it reach 5k before end of September 
I have been waiting for it to come down.
May be it is about time.
May be it is about time.
I never should have bought Alts. I'm down many bitcoins now. I would have been way ahead just leaving it all in bitcoin. Alts getting slaughtered vs bitcoin ;(
but don't you guys think that it's growing way too fast?
I think there will be correction happening in lot of altcoins till the end of summer.
But I don't think bitcoin needs correction at all, it just implemented new tech, it means rise and not speculative one.
But I don't think bitcoin needs correction at all, it just implemented new tech, it means rise and not speculative one.
There is so much talk about bitcoin > $5000. I dont think we will see much resistance before it hit $4800. And alts will most likely continue down if that is the case.
I'm still thinking that market cap is rising too rapidly, alot of new people are coming like the last time and someone has to take advantage of it
Yes, market cap is continuously pumping and it is attracting masses around the globe. It is kind of good for the market that market cap is increasing and if the investors are rushing towards the crypto market, this will ultimately make the market more stable. Obviously some lucky investors will take advantage of all this.
A correction is coming, it always does. The only question is when. I expected it to happen already to be honest. Completely missed this time. But when it does I think BTC will hold $3000 mark, that's the new low.
We had a very strong correction in the weeks before aug1st. But the longer this correction lasted, the more the hope grow for a new bullish trend, which covered up more and more the uncertainties.
In my opinion, the knot is bursting at the moment.
We are in the early stage of a new period of rising with upcoming new heights. Many new people are standing in the row for entering the market.
But because this is the www and more and more people coming in, these uptrend won't last as long as former uptrends. We are talking too fast and too much about crashes and corrections, and we are connected in real-time. We are flooded with informations, until we believe them. This makes the waves of the market higher and faster, because uncertainties can get spread faster than ever over the market.
Fasten your seatbelts.
In the middle of october at the latest, the uncertainties of the BTC fork will cover up the hope for the uptrend, and at this moment the uptrend will have reached that heights, which will heat up the discussions about an upcoming bubble-burst. We will be more and more nervous. Our hands will weaken.
And then:
BAMM!!!
We will get, what we believe in:
Bullshit again.
In my opinion, the knot is bursting at the moment.
We are in the early stage of a new period of rising with upcoming new heights. Many new people are standing in the row for entering the market.
But because this is the www and more and more people coming in, these uptrend won't last as long as former uptrends. We are talking too fast and too much about crashes and corrections, and we are connected in real-time. We are flooded with informations, until we believe them. This makes the waves of the market higher and faster, because uncertainties can get spread faster than ever over the market.
Fasten your seatbelts.
In the middle of october at the latest, the uncertainties of the BTC fork will cover up the hope for the uptrend, and at this moment the uptrend will have reached that heights, which will heat up the discussions about an upcoming bubble-burst. We will be more and more nervous. Our hands will weaken.
And then:
BAMM!!!
We will get, what we believe in:
Bullshit again.
I'm still thinking that market cap is rising too rapidly, alot of new people are coming like the last time and someone has to take advantage of it
Human mind always believed that there is a power greater than it and it seck to worship that and that is whys the wisest man that ever lived said “God has created eternity in man heart” religion will never disappear from humanity because of this desired. Though it has done more harm than good.
This current crypto rally is only couple of weeks old so has plenty of room to go higher before any correction.
No, I don't think there will be crash or correction, bitcoin came to the price that it deserves and other coins faced some correction and now market is good.
We already got a big market correction last month. Another correction will come eventually
but after a big rally.
In my opinion the price of altcoin on market will recovery after Bitcoin price stable and not falldown under $3000 in this month.but after a big rally.
Because if correction price of Bitcoin under $3000 will be have panic selling.
I don't think we will see a massive correction before btc goes crazy again in the 5k level.
Also there was lots of unknowns before the 1st august, with the splits, now most of those unknowns are gone, so the sentiment is way better that prior to it, regarding btc
Also there was lots of unknowns before the 1st august, with the splits, now most of those unknowns are gone, so the sentiment is way better that prior to it, regarding btc
Yeah this rally has not been as insane as the last rally, I still think we are in the semi early stages of this rally. I think Bitcoin needs to break $4,000 or higher first to get any sort of turn around - plus with the additions of new Asia focus projects such as NEO and OMG I think we are only just beginning to see the influx of Asian capital into the markets. Think about it, there is like what, 2 billion people in Japan, Thailand, and China? If each of them buys $10 USD worth of Crypto, that is $20 BILLION dollars added. Obvious it will be a far smaller percentage, but you get the picture.
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