Topic: The next big correction - page 2. (Read 1004 times)
I think it was a good idea. If cryptocurrency work a little like any stock, a too fast increase lead naturally to huge selloff. I do not think we will have to wait for long. The question is at what price will BTC settle next.. probably between 200-500, but it is only a guess for now.
I'd love to hear your thoughts on why as we'll.
me I think it will happen Jan/February 2014. US tax season will approach and people will start getting shaky. Furthermore I expect government clamp down on BTC by then (they'll finally start understanding what it is and will be more weary).
They will still reach new peaks maybe after that but it'll take a while to rebuild from the blow!
Or maybe it won't happen and I'm just trying to build confidence in my decision to get rid if 5 Btc a few mins ago!! :-)
me I think it will happen Jan/February 2014. US tax season will approach and people will start getting shaky. Furthermore I expect government clamp down on BTC by then (they'll finally start understanding what it is and will be more weary).
They will still reach new peaks maybe after that but it'll take a while to rebuild from the blow!
Or maybe it won't happen and I'm just trying to build confidence in my decision to get rid if 5 Btc a few mins ago!! :-)
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