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Topic: Is the market correction coming? - page 3. (Read 2437 times)

full member
Activity: 700
Merit: 136
August 11, 2017, 09:24:05 AM
#9
We already got a big market correction last month. Another correction will come eventually
but after a big rally.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
August 11, 2017, 09:23:45 AM
#8
Don't really think that there'll be a correction in this month. Guess what, the markets were already all red few weeks ago and it's now green for some moments. If there's always correction after the pump, I think that the whole markets will be doomed.
Bitcoin and ETH are now simply gaining its "real" value after being dumped hard before August. I'm myself pretty confident about it.
full member
Activity: 224
Merit: 100
August 11, 2017, 09:18:17 AM
#7
Doesn't matter what we think. Frankly speaking it always unexpected for the most of us
hero member
Activity: 1470
Merit: 655
August 11, 2017, 09:04:46 AM
#6
the market cap grew very rapidly after August 1, do you guys think the market will correct itself like it did the last time?

the "correction" that you are waiting for has been happening all along. it is never going to be a sharp vertical red line to the depth of abyss Cheesy
instead it will be a rather fast drop at first when the bubbles burst then it will be a slow drop down to the normal prices as the bubbles continue to let out air, in other words as people sell and cash out and newbie-bag-holders give up on their dreams of becoming rich after buying on top.

also remember that market cap is always growing in the background as new coins (for existing coins) are mined and also new coins are created. it is an endless growth of supply!
newbie
Activity: 73
Merit: 0
August 11, 2017, 08:33:21 AM
#5
Well alts are all down today - I expect it is because BTC hit $3500, and altcoin holders are selling to get bitcoin so they can then cashout into fiat at the high rates.

There won't be a sustained rise in alts till new money flows into crypto.


I agree with that. It seems the bitcoin will be stronger in the near future. It is better to buy it now.
full member
Activity: 157
Merit: 100
August 11, 2017, 07:44:47 AM
#4
To be honest: Please dont come now. HODL.

We have to make ourself stronger now, next year (many) bankers may come here and also next coming year.
They read chart and it may take time for them to come here.
I expected a market would need to cool down later prior the holiday (I dont mean by coreection).

The love is in the air now.
Dont let it go.
HODL.
newbie
Activity: 25
Merit: 0
August 11, 2017, 06:05:23 AM
#3
the market cap grew very rapidly after August 1, do you guys think the market will correct itself like it did the last time?

i think that after august 1, this is just a beginning for coin market and i think that we wont see market correction that fast..
maybe bitcoin drop a little under 3000 or 3100, but then will that money flows into alt with high tech and potential like STRATIS, WAVES, XEM and etc..
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
August 11, 2017, 06:00:52 AM
#2
Well alts are all down today - I expect it is because BTC hit $3500, and altcoin holders are selling to get bitcoin so they can then cashout into fiat at the high rates.

There won't be a sustained rise in alts till new money flows into crypto.
newbie
Activity: 24
Merit: 0
August 11, 2017, 05:52:13 AM
#1
the market cap grew very rapidly after August 1, do you guys think the market will correct itself like it did the last time?
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