Bitcoin Forum

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

That's true for any other asset as well. Bitcoin price has increased exponentially over the past few weeks due to the positivity around the market and investment inflow. Any asset increasing that much will have to come down at some point to make its base stronger and to take the next leap.

But this correction will give investors like us an immense opportunity to buy again at a cheaper price. So the correction is not going to last longer for sure.

Definitely you can expect that and it always happens after a sudden surge in its price. Its because when there is a sudden increase in its price some newbies will sell their coins to take their profit share. So the price of the coin will slightly go down. When the price goes down, bitcoin trading experts will buy the coin to store in their wallet. This increase its price again.

I think the big inflation was last week, and it already corrected to sixteen thousand dollars.
I think it will not be down or below fifteen thousand dollars if it is to be corrected more. But I think it's fair enough because of the great increase this year. No regrets if it didi.
I have withdraw some and kept about 25% of my earnings in my wallet.

Correction is just the part of any healthy market cycle, its not an "if" its "when" will the market stop going up. Bitcoin so far has shocked me. I don't know what to think of its future, I'm just holding

i do not think it will have huge drop
just a little drop will happen

I also think it has corrected already, it's been stagnating at the current price for like a week now, if not longer.
It's dipped before that, and now it's come up, not to a big ATH YET, so I think we'll see a new big ATH soon and then it'll correct again.

How much do you expect the price would drop? and did it happened already? Because when I saw the price of BTC as of this moment it is still at $16000+ maybe it really did happened but just a little price drop. I just think that it may be impossible that its price will intensely drop. but if it happens, a big opportunity for starting people will open

Of course at some point it will, but look at previous patterns, it retraces about 50% of the increase and then starts over. It's too difficult to choose a good entry point these days.

Best thing to do to avoid risk is to leave just a bit of funds in BTC, enough for you to accept in case of a huge correction. We can ride the trend again as it begins.

Nothing new you have discovered, of course that corrections will happen. Price can't just rise forever without occasional dumps and every bitcoin user knows that. The one thing about that is how to ensure you will have at least consequences out of that and are there any signs on the market that can help to conclude something like this will happen. If you look closely corrections are happening all the time, when the price is this high even for couple of thousands of dollars.

people said it would correct a lot a month or so ago when it was hovering around the 3000 usd mark, but here we are. and im not sure if it's apt to compare bitcoin to an 'overall economy' or whatever you were trying to say there, bitcoin is quite a special case as far as modern economics go; its unlike anything else we've had so far in history. there is a solid market cap, yet there will always be new coins introduced and in circulation as long as we don't hit that market cap. and the price rise does come from somewhere, it's called demand.

that's what anyone with common sense should be doing, no sense in leaving all your money in a single asset, diversify.

theres always a price correction but not that dip... and it will come bullish again.

Yes I believe that there will be a major correction sooner or later and it can be huge. On any market pullback always happen. The question is how fast Bitcoin will recover after a major pullback. If we are going to base it on history Bitcoin always recover right away.

Bullish season is coming again. I think Bitcoin will go up 18k level. Until new year we can see 20k level. I dont believe that bitcoin will make a correction at this level again.

There's a saying that even a broken clock tells the right hour twice a day. If I ever told you that Trump will not be a president someday, eventually, what value would that information have to you or anyone else? Stop wasting our time please.

A correction is always expected in bitcoin and alticoins.It makes the market stable.But in the case of bitcoin,the correction at this rate won't be a sharp dip.Before it gets to that level,convert to usdt .

we are all aware of that and waiting for that to happen,,that way we will got a chance to buy and stock some bitcoin for long term holdings.even just a bit dump coz of the correction still an opportunity tight?

For the altcoins to flourish BTC needs to grow considerably. Look at ripple for example, new money flows into BTC then into worthy alts. Yes, I agree, people will take profits but its up and beyond from here.

FUD

Yes it will but not today, you must wait a little bit to grow again. ::)

The chance is always there, but i don't believe this. I think still btc is in early stage of growth, too many people getting to know it only now, and therefor money is still flowing in. If that stops (which I don't believe will be in the near future, more in over year or so), it's still a market with many coins and projects. Also,this is just the start. New things will be invented, other things will spring up. We can not even suspect what this will bring us.

Its very normal in every market because if the market doesn't correct how can we make money. Don't be scared if bitcoin corrects because its a great opportunity to have more bitcoin, do grab that opportunity. Bitcoin will always bounce back for sure.

I have same opinion too. Why people still buy if the price too high?
I will be more interest if we buy lower as lower as we can. I dont say bitcoin will stop grow but at least we can keep the profit first.

If you see the fact, bitcoin always grow from time to time that's why holding btc is the wise option for investation.
Of course there is a risk on cryptocurrency since the value still volatile but overall I'm able earn some profit from btc trading although I've less knowledge about btc
( I just dare to take the risk )

Of course, correction really happens. Because of the unexplained increase in the price of bitcoins and rapid lifting it should we be surprised. So we should prepare for this event because it is definitely a big money we will lose. And if we are not prepared for such events or do not lose money we will convert our bitcoins to ours.

we need some bad news like coinbase get hacked by awesome hacker and lost more than 1 million bitcoin to have a correction. just like mtgox

The spike in bitcoin's transaction fee is hindering its liquidity. The question is: can and will bitcoin maintain a low transaction fee regardless of its price?

I don't think that there will be a huge price correction. For me, Bitcoin pump is not a bubble. It is due to increasing demand. We can't deny the fact that Bitcoin and any other crypto currencies are now popular and many companies are starting to adapt it. The people are becoming more aware about the possibility of it becoming the future money.

No need to warn us pal as we have known these facts beforehand. Corrections are normal and is healthy and to tell you, most people here are hodlers and don't know the words "better to be safe than sorry." ;) That is why the community of btc is quite strong because of these very people. And if I may suggest that you try to do the same and you will see the fruit of your patience will pay off in the end. There's nothing wrong with being safe but life is a gamble and you should always believe that you have the upper hand.

Thanks for the warning, we are all aware that eventually, correction will happen. Corrections is just normal in any market and crypto's is no exception. It needs to adjust itself for it's overvaluation. Lately, we see the price goes to another level and sometimes it's really hard to understand why people are still buying at this rate, because sooner or later, it will go down and those who bought it at the top (highest price), will be trap.

I'm prepared and ready. And you are not the first one to really give us this fair warning. Although I hope that you have really a good intention for giving the community a fair warning. Because other's may see this as just another way of creating FUD around which we don't like because it causes panic specially to newbies.

We will cash out, but most of us, will still keep the money back to the ecosystem and will be buying it at a lower price when the correction happens. I cannot think of any investment right now that can give you back the amount of financial win that bitcoin or crypto's can give you. So why invest in others instruments?

lol no, correction does not work that way. as far as i know correction only happens when bitcoins reaches a new all time high. correction for me is not really a bad thing infact it is an advantage for me either because i can somehow buy bitcoin due to a small drop on the price and it can also bring an advantage to some companies that accepts bitcoin as a payment method because bitcoin can become more stable and will be less volatile if correction happens.

The correction of the price of bitcoin had began since last week, the price had been ranging at $16K+  and the price of bitcoin always pullback  20% to 30% based on historical charts there is no to cash out  and presently the price is at $17K+ invariably the movement upward has started based on upcoming fundamentals I.e hardfork.

i always see and feel that correction is always happening to bitcoin and guess what? im not scared or surprise for it anymore because im now aware that it can happen all the time due to the value of bitcoin that always increasing but yet bitcoin can always recover so i guess theres nothing to be wory about that problem, not unless your impatience and dont have a self control to hold your bitcoins to handle this kind of event.

Everyone will definitely want bitcoin to be good for the future.

the price is back to reach $17292 and we are increased since yesterday. I agree that we should take the money as our profit and invest in other things. we still have a chance to keep our bitcoin and invest some of our money in elsewhere. it is better if we have a plan with our wealth so we can manage our future from now on.

Yup i think your right sir Bitcoin price now is really massive and we can see right in front of us that a price correction will gonna happen sooner, especially now that most of the people known bitcoin as an asset not as a currency so we really need to be careful it really is much better to be safe than sorry.

when all ALTs are strong and BTC is still rising, thats new money coming in and BTC is pumping
but when ALT's and BTC have that direct colleation, thats just traders goiong back and forth lol
For today I don't think new money come to bitcoin. Just because people take their profit and enjoy holidays with huges profit from crypto world.
Crongrats all!

 yeah , a correction is needed , but the ball is just starting to get rolling, we havent seen nothing yet

Let me bring you to remember a certain point several days ago when Bitcoin almost reached $20,000. Right now, we have only just got back at $17,000. A few days ago, Bitcoin went as low as $15,000 or even lesser. I think that was actually the correction stage. At this point in time, Bitcoin will probably be moving up and down very normally, meaning to say, the general pattern will now be a combination of sideway upward movements.

This is just a natural cycle with Bitcoin. There would be a surge sometimes a big surge they call as the bull run and then after that a correction will set in (this is actually a mechanism for Bitcoin not to be a popped balloon) and then there would be more buyers who will take advantage of the dip and with that Bitcoin will slowly rise again. This is nothing alarming except for people who are so new with this whole thing and have not taken the time to learn more about this new animal and just blindly getting into it just thinking they can make money. We have to educate ourselves and enjoin all those in this sphere to learn more.

It's tim to hodl for now i guess. Because i can that it is just normal for the price correction. But what might be amusing is it is christmas and most people would expect the price to increase to give bonus. But for business such as this, it is a good time to reduce prices to avoid clogs in transaction. Because surely their will be many people expected to cash out for a vacation.

This is true. Not all assets are upward movement. There will be a time that bitcoin will drop. Thats why many experts are warning those people who want to invest on bitcoin now. Risk what you can lost.

Minor corrections take place now and then and the crash/correction you are talking about will definitely take place in the name Bubble Burst.
Right now the price is increasing more as you can see the price was $16k and now it has crossed $17k . So this means that investors are still buying BTC and the probability for a crash is nowhere near right now because the price just saw a huge spike which means investors will be holding the funds for at least quite a few months now. May be within the time the price might cross $25k-$30k . Apart from that the burst depends on the big investors when they want to dump their Bitcoins. As said many of the top investors of BTC are holding half of the total currency mined. So the price will crash when they dump their loads of BTC into the market.

I don’t believe that.  There are less and less coins being mined now. It’s supply and demand.  I believe this will be the be like the Berkshare Hathaway stock!  

Yah, Its better to profit yourself if you find its the right time to, since the price has gone up. Invest the profit either in some other altcoins or buy assets you wish. These shifts would surely bring you more profit than sticking with one side. Though bitcoin price would be still increasing and making you profits, its much safer to shift investing in other areas and benefit out of it.

That is the thing that we should predict because we are going to regret if we didn't convert our bitcoin and the bitcoin's price just happened, I know that we wanted to make some huge profits on holding our bitcoin, but being too greedy about it could lead us to certain disappointment. But if we don't need the money for us to convert, then we could hold it for a little longer and wait for another all time high price.

same as what I am thinking now. if the price will be low many of us will buy increasing the demand of bitcoin buy and sell.. me I do trading with bitcoin buy and sell I lose 1% of my interest but its going back again.. the thing is fees of other exchange sites..

of the correction will done and you only have raw bitcoin it is still not a threat to us nor investors because we all know that bitcoin will always go up and up . the price will only afect but the number of coins will not.. wait and hold until price surge again haha. enjoy earning

it’s possible to to correct but with this price correct will back price to 10,000$ max.

also few of new coins added make bitcoin  hard to be corrected

yes bitcoin must correct but with this market cap it’s hard to say correction will be great and will make price back into few range number

every correct have demand make price growth

Correction will always come to market, just the matter with time when it will be coming.
Anybody already aware about correction, people will prefer buy something in low price so waiting its correction before buying is a good idea.

Corrections are normal since some people have already gotten their target prices and would like to cash out. It's actually a healthy move since a new base or support will be established, given that it holds.

Crap FUD thread.

I think it will be better to convert part of BTC and altcoins into USD. By this way we can save our profit for period of BTC dump

In the near future, nothing bad for bitkoy can not happen. He has not yet exhausted his opportunities and therefore on the wave of his popularity for a long time will grow and develop. The effects of bitcoins as a financial bubble will not be apparent soon. In the meantime, everyone who has managed to get on this train will have good opportunities for material prosperity.

I agree. There will always be profit taking especially at key (resistance) target prices.

corrections will come for the price after reach the high price and I think it will balancing the price itself to reach stability although sometimes the correction is down too deep. but correction makes the price can reach another higher level of the price. so I think we don't have to afraid if the correction come and we don't have to buy or cut loss because the price will be back to the price before.

True which is why we must carefully be monitored the everyday price of bitcoin because it's never going to be stable even though it does not met our expected price we must learned how to be contented on every investments we've made and make sure not to take advantage of it, because it is like being greedy too much.

Bright idea and decision very practical, everyone have own mind on how to handle their bitcoin investment, just relax and calm, correction are always there if you a matured bitcoiner and they understand the principle about bitcoin as profitable investment do not nervious.

If you are a bitcoin user, I think it’s no surpised that the corrections will  occur. In trading market, we all know that the price can fluctuate, it never get its stable. Because it brings much more benefits and its future, so it’s must be difficult for anyone to know exactly. Nobody can predict it previous correctly ,it’s just a guess at the moment .The most important is how your decision which make you go in the right way. Yep, if you have trust  on technology, you should spend time and money to invest it. You need to consider your opportunity ,don’t let it go.

Correcting the price on a commodity I think it's commonplace and commonplace it just gives us a chance to buy as much as possible because if when the price falls then many people buy then the price will go up even above the previous peak because that thing is sure to happen at world trade.

The up and down impacts traders mostly but investors hold their coins for a long time. There have been many big and small corrections but the trend is always up.

We can't totally escaped from this scenarios since bitcoin is volatile and very dependable in the flow of the market demand. I think there is no need to worry with that and make it as a big deal because it is not give a huge impact to bitcoin and it only takes a few days-then back to normal.

It is just because of its volatility and nothing to be scared of. The price is still high, right? So why panic, bitcoins price will never settle because of its volatility.

this is how bitcoin has always been. the rises are always as crazy as the falls. but as we go forward and bitcoin grows bigger all the craziness becomes smaller.
i see some people these days are exaggerating the situation quite a bit and they pretend that this is going to be the end of everything for bitcoin.

actually i would welcome a correction and i would be more than happy to see a massive dump because any drop means my buying power will be increasing. if i can buy 0.1 bitcoin now, any drop will help me buy a lot more!

In my opinion, the correction shoul happen if it already didn't. After a huge demand that makea the price go up, there will be a period that will stabilize the price, then the cicle starts again.

every up trend happen we should expect the corrections , so you are right , i think the correct for bitcoin will happen soon 

I think every one has their own way to keep their coin. Bitcoin will correct because the price does not stable. We should control our account so it will always safe. It will be like normal again. so we should not worry or panic because of it.

Yep , this is right. A bitcoin correction already begun , it something normal , nothing unusual. Also , if you have some cold blood , you can start making money between the bounces. But don't invest at this price , it's risky , better choose ICO if you really want to invest in something.

Of course price will fall down and it will be hard-fall. But it won't change the bitcoin itself. It will be in our economy system for a while I believe that it should destroy the capitalism as we know it today. In 20years we will pay differently..

without correction there in no growth, so i will not surprise if Bicoin price will go down till 14-15$k. Bitcoin demostrated crazy rally, so im amazed why it still didnt fall.  But it is  good warning for newbies , who doesnt  know that correction is supposed to be one day and may be they buy in panic now BTC.

As long as bitcoin remains in an uptrend I will not sell, we must take advantage of its growth regardless of its motives, I know that at any moment there will be a correction and if there is a decrease of more than 10% I will sell it to guarantee my investment and I will buy more btc when I descend more than 15%

A correction has been anticipated for quite some time now because of the frequent price increase. Most of the investors know and expect this so they most likely won't sell even when this happens. Only the stupid and noobs would panic sell when the price dips even just a little. Knowing that bitcoin is volatile won't surprise someone when the price would frequently go up and down. It's actually healthy for the price to go down every once in awhile. It's a chance, as said, for buyers to buy at a low price.

Correction is given, it will happen and I think hodlers know that already. But real hodlers (those who are faithful and have been holding since the beginning) will not care if it corrects. They are in for the long haul.

The only one affected with this is the traders. And traders know what to do when signs of correction shows up, either dump or short.

The correction will be there soon and it was expected much earlier but since institutional investors have some different unclear intentions regarding Bitcoin, correction for this period is delayed but it will be there for sure. Probably profit booking at multiple stages while really is in full swing would be a wise decision for those who are holding or investing for the comparatively short term. Panic selling can ruin the investment plans if there is any delay in profit booking.

I am hoping it will.
I would like to buy some more.

It is expected that there will be a correction sooner rather than later this only really affects people that trade more so than others that are holding for the long-term for the likes of them a correction is a good thing as it is kind of like bitcoin going on sale.

When the correction comes I'm ready, I'm just not sure when this will happen, I hope everyone is also smart about it.

I like the volatility as you can make money by daytrading.  The caveat is having the BTC on an exchange as you don't have a wait+transfer fees.  Long term looks good to me and the futures market agrees in the short term.  As always be aware that a major drop could occur.  If you are on an exchange and don't want to risk your current investment you can have sell orders in place at various levels.

no such thing as price correct like you say , if this thing exist really then it mean that price possible to be wrong this one is not true . market price is always right price ,, if price fall it is because miners have decide it is time this is only reason price will fall , this is why i love bitcoim so much , too many easy to predict it

Of course that price will correct, this is nothing new. Volatility is normal part of bitcoin price and something that traders make money on. The correction could be few hundreds or even few thousands of dollars but the crash will not happen and the price will maintain rather high level. If you think that bitcoin would go back to 3000$ or 5000$ or so than you are wrong.

I don't think otherwise too. The price came to $15,500 after hitting $18,900. This is a good dip merging I think. The thing I understand about bitcoin is that, it recovers easily, except there would be another dip to $10,000 .

yeap i thik that too because of the sudden market influence.But i think it is natural if you see the price telegraph.So nothing new if you have discovered, of course that corrections will happen.some time it ups and some time it will down  ;D

We have already experienced so many correction in previous time, and still in future we are expecting correction because some people will be trying to sell their bitcoin and get the profit. They will be then waiting for the price to decrease so that they can buy bitcoin again in low price. But i think it will be a wise decision if we hold bitcoin for some more time because bitcoin price even after taking correction will continue increasing its price, therefore i do not think that it is still time to sell your bitcoin.

This is definite, Not at all assets are upward doings. There will be a grow pass that bitcoin will drop. That's why many experts are rebuke those people who nonappearance to invest going in this area for bitcoin now. Risk what you can drafting. 

The correction will definitely be sudden due to the volatility behaviour of the bitcoin and it is somewhat imminent anytime soon. I have thought it through too that for those who have made some real money from bitcoin should at this time not get overly relaxed and got caught up when it corrects. As much as treading carefully is important doesn't mean the Cryptocurrency world is neglected. There are other coins to venture into and get to rebuild. At this point also, when and if the price of Bitcoin ever corrects, it is justified to have done more good than harm.

people have been calling a correction ever since 11,000 and we are near 20,000 I guess what this means is that most of us in the crypto space and who have been in the bitcoin game for some time are baffled by what is actually driving the price up. I think that it is the new money that is coming in. although I don't usually like to call tops but I think bitcoin will top at 20,000.

Adequate knowledge will safe from loss,Bitcoin correction is sure to happen,my rule is to spread my risk,I dont just hold a coin as its rising,I dispose some and hold some percentage,for the future.

Yes, but the price is almost 19,000 USD on the moment, it will not fall under 16,000 anyway. I think, that it will go down to approximately 17,500 after correction.

Big crash coming sell while you got a chance .Are it will go to 32k a coin what the hell do i know anyway

It already went through correction and is now picking up strength and consolidating, there is huge influx of new investors, trying to get some coins. I have been trying to open trading account at Bitfinex few days ago but it was on hold due to influx of new investors. There has been very interesting analysis published - making correlation between total number of accounts and Bitcoin exponential growth - and in this early stage it follows the growth of social networks - and given the current number of users and the overall market potential, I do not think there would be drop in value - there would be some corrections on the way as it picks up strength but we are already used to this.

I also think this could be a bubble because the price seemed to rise too far too fast. It's had huge gains this year and the price has to drop sometime. There will be some kind of correction to bring the price down to around $17,000 or so. It could even go lower than that but possibly not. I've seen enough fluctuation in Bitcoin price to expect it to happen eventually.

Yes,its true hat bitcoin has helped many to raise investment which they lacked.So,atleast they should withdraw 75% of their money from bitcoin and have 25%in bitcoins itself to enjoy the ride if bitcoin price continues to grow.Let's play the game safely.

Just ride the slope. There's no need to panic. Calm down, everything will come back to normal by the end of 2017, I guess.

Maybe your warning will happen, I feel the recent anomaly. So it's best not to keep it too much, give it something practical for us or you can sell it. You can use it to invest in any of the other Altcoins, give yourself new life and develop it just like you did with Bitcoin.

Any other altcoins just rely on the price of bitcoin. I don't think it is still a good idea just run on other altcoins if your afraid you will lose in bitcoin.

Either it will result to a huge or small dip of its price, i still choose to hodl my bitcoin for good and that'll be probably the best time for met to buy bitcoin more because i always believe that bitcoin will come back again.

If you are trying to pay attention the the price of the coin then you will learn that the price usually goes up after the price dip. So this is discussion is meaning considering that people are using Bitcoin now.

First big crash will come when the supply of newbies dries up.
There are still thousands a day signing up and pumping money in right now with all the hype.

But first big crash could see the casual investors trying to withdraw in a panic, and failing.. if there is a run on the exchanges.

Ether could hold its value better when bitcoin falls.
There are hundreds of programs getting built on it for the contract ability, so maybe not quite so purely speculative.

it is only natural if bitcoin price has increased very significantly there must be 2 kinds of issues, correction and the investors take profit that has been achieved and get ready to be lifted back bitcoin price.

I agree with you to an extent. But you are wrong in some aspects. What is the definition of value? According to Investopedia, value describes what something is worth in terms of something else. For example, the value of a loaf of bread might be $3; the $3 for the loaf of bread would represent the generally accepted worth of the bread. From this definition, you will agree with me that value is given to an item by the parties based on the satisfaction. It must not be physical. So Bitcoin's value can only start dropping when the number of users or investors drop. And this will happen when there is a strong competitor to bitcoin.

In addition, bitcoin value will still drop but i don't think it is anytime soon.

There's a major possibility that the price will if many of the big investors will remove their stakes from it. For now, we still enjoy its popularity to the market.

Anyone who claims to definitively know what will happen in the future is speaking recklessly. No one know exactly what will happen.

Indeed bitcoin will correct sooner or later. bitcoin has surged exponentially in just 1 year bitcoin had surge over 1600% from the last January price which is $1000 per coin so, maybe it's time to slow down or reduce the price just to make another opportunity for new investors to invest in bitcoin with a reasonable price although you may say you can buy partially or whatever but $16k isn't a joke you could bought a house in my country with that price or a car and also the high transaction fees is quite concerning too for now the minimal fee for fast confirmation 880 satoshi per byte. this is ridiculous!!

Based on the graphs and history of bitcoins value thats why people are saying it will correct its market price.

I agree with you, because of the high commissions and long translations of transactions, the uniqueness of bitcoins is lost... must be correct sooner or later.

Thanks for the warning but since i'm hard headed, i will just stick with what i predict that there will be a continous increase of bitcoin value despite of those negative things that cause FUD to other bitcoin holder. If the correction will happen soon then its normal but it will rise again in the long run.

It's actually true, correction is just a part of this whole market cycle and it keeps this cycle going. Like what you are still doing, im also holding it because i think it is for the better. Who knows bitcoin became known everywhere and started to increase its value everyday.

I think the amendment is a big increase. Moreover, this correction can also feel that there will be no deviation from those two days. Bitcoin is accumulating power and waiting for another outbreak. I expect it to be one week after Christmas.

The ongoing year is termed to be the best year for bitcoin as well other digital currencies. Till date, by every price growth correction takes place. This time too the correction is taking place leading to a price increase. Expect the price reach $20000 at the earliest.

I think that everyone is anticipating the tome tjat bitcoin would undergo “correction” but as of now everyone is so hyped and pumped woth regards to how bitcoin has increased and continually increased exceeding si much expectations andnproviding income

If the developers doesnt do anything to the high transaction fee they are only bringing bitcoin to its knee, many people are mad with transaction fee and longer confirmation the longer it takes the more people will think that bitcoin is dead and move into altcoin

First couple of corrections in the life of a cryproinvester are scary as hell but I'm used to it by now. I find it funny now when I hear others panic.

I usually have the attitude of if I sell now and I've not made the profit expected I have not heald long enough.

If you in FUD then better to hold it for long long time , Bitcoin would keep growing it's almost guaranteed. But when you looking to trade in the short term I think you should monitor the market, especially in the last three days when the charts shows how bearish it is. Still not sure at what price Bitcoin would get corrected.

Yes, it is true and you have a point. Once you invest something, you have to be prepare yourself with the two possible result: earning or lossing. It always a must that you always have a plan B so, in case you loss something, you will not leave empty handed because you have other investment. With the issue of the bitcoin will correct to find market equilibrium, I guess it happens normally in any form of investmentment. And if bitcoin value will decrease, then we have to use it as an opportunity to buy bitcoins. Perhaps, I believe that after just a few time, bitcoin will increase its value again. And that is for sure.

I also do believe that the price should correct soon, but some of the investors are also waiting for it to happen so that we could buy at that state.

Some of the investors are also afraid to lose. LOL That's is why they are cutting their losses right now. We'd better be attentive to its movement. As long as bitcoins will not do drastic change on its price. I think it is still good to invest.

That there must be a major correction after such a rapid increase in prices is quite normal.
The following points should be noted.
The BTC is always belieber and better known. Many people around the world invest in the BTC to escape inflation and political turmoil in their country. Demand is thus increasing from month to month.
But there are also the big hedge funds that invest and withdraw large amounts of money.
But there are also laws in America and Europe in 2018 that control and regulate the trade of cryptos.
Therefore, the value of the BTC will fluctuate sharply in the coming months.
I am convinced that the path of the BTC will be unstoppable. However, there will be good opportunities for the aforementioned reasons to buy in case of lower value.

It possible and believe me don't stock or save all of your money,yes we already know the potential of many coins but we don't know exactly what will happen to crypto or there is no assurance here like the volatile price of bitcoin,all you need to do for more better are do stock or save some bitcoins then cash out also some of your money for more sure and good.

I think the correction had already happened. The price yesterday have reached to 12k and now it is back to 14k. I think the correction is over.

I have been preaching this for months at this point. finally, finally, the reckoning is happening, we are slowly starting to establish a dead cat bounce. As OP, i suggest going in which a percentage scheme (50% in 50% out for example). Anyone that says they know how this will go is lying to you plainly. There is a ton of profit to made in thses disrupted markets ,but there is also a fortune to be lost. be careful. look at general trends, back that chart out to 1 - 6 hours candles before you make a purchase.

I dont think this is over yet.

A dead cat bounce was what I thought it was, just was waiting for confirmation. If it falls below what looked like to be the new support, I'll sell all.

certainly everyone must decide for themselves and choose the best time, but it is also important to believe that bitcoin will grow and not be panic-stricken

Well bitcoins correction I guess have ended. The price right now is going up and expected to reach 20k before the year ended. I think all of the fears are now gone.

Those people who believes in bitcoin gain more profit than to those who have less patience and decide to sell their btc if its price increases that can cause a correction.Most of investors wanted to profit immediately are those newbies that doesnt want to hold their btc for a long time because of being afraid to drop in its lowest price..holding takes a lot of courage to do it..if investors would sell their btc maybe thàts what they think a perfecr time for them to profit its their choice and we have nothing to do it..even if it affects btc price as a whole.

What you have told is correct we should be more cautious about the correction of bitcoin price at this level is lot to mean and we have to accept that it is good for everyone to sustain in bitcoin the inflation is everywhere and in every product but about bitcoin it looks like something odd, at least it started to consist on this level which will create more confident about the rate of bitcoin and its performance.

Still we cannot remove the fear of others in bitcoin. Compared from the price before when it was just starting, there are $$$ involved right now. If someone will lose, they will lose big.

I think this they so called price corrections is just a manipulation attempt on bitcoin to make price fall down and to disappear by dragging people to become panicking selling all their bitcoin and other digital currencies. I believed there is conspiracy of some group of people like the banks that they will try to get rid of digital currencies.

I don't think bank is involved in this, and there is no manipulation of price right now. The price depends on the movements of traders in the market.

Those who have been watching a while already knew this and have hedged their funds/bets/positions in order to ride out the storm.

Before the value of bitcoin is dropping i already get a little bit of profit. But still i did not get my investment yet because i'm hoping for the value of bitcoin to go up again for this christmas.

I do not see that, but I see until the end of the year there will be under 20K. and this is a tough day for bitcoin.

Well lucky for you, just wait for another correction and then invest again. What is really important in bitcoin is to get profit, no matter how many corrections will happen.

These price swings were predictable and they will continue to do so for quite a while.

The BTC price arises from supply and demand. Especially in countries with great uncertainty, both politically and with the currency, people go to the BTC
The big funds and financial firms are taking profits, so the slump. We must not forget that the BTC has a real value, which is currently at about $ 8,000, below which the price will not fall.

The BTC has arrived in the big financial world, so it will continue to grow in 2018. The government's announcements to regulate it will lead to falling prices for a short time, but then lead to strong price recoveries.

Correction is indeed going to help so many people in collecting bitcoin at cheap rates which would have not been possible otherwise. Bitcoin is one of the most expensive commodities of world and it is really hard for people to buy it directly with cash from exchanges.

Hopefully correction will lead to some decrease in values which is going to invite new investors in bitcoin market and will simply increase the prices ultimately.

The correction has now happened and now people are panicking but for me I'm more worried if btc just continue going up and not having this correction. It's better this way and then another all time high next year.

That is possible at the rate that bitcoin is rising now. It opened windows for investors and opportunities that they want, but in the future a correction would happen.

Yes, the price of bitcoin has been corrected once, and then it may be up again, in my opinion.

Where the world will be when everybody would read everything on the web and think that's true...Sorry but I have no evidence to trust you and  I recommend to  others to do like me.

Actually its true, every price movement there is a correction expected. It can be backed by how the bitcoin moves in the market, you could actually analyze that once bitcoin goes up big, it will go down to correct the price.

Yes, it could really happen sooner or later. But, as of now, people can enjoy the benefits of their increasing income because it will disappear later on after a few years or so.

The current Bitcoin price can be influenced by the news as well as current trading platforms. So before investing in Bitcoin, you should consider the exchange rate, this time should invest in Bitcoin because the current exchange rate is low.

If bitcoin corrects again, it will actually be yet another opportunity for us. So if you fear bitcoin may correct anytime soon you can actually just sell off your cost and leave your profits in. When the correction comes, use the profit to buy in again. This strategy may make you more profit than you may think of.

Bitcoin did have a price correction and It's not so easy to reach the ATH of last year December. Many investors have  moved into altcoins for quick returns. That's why Bitcoin is having a hard time to find the way up again. The mainstream is also not aware that they don't have to buy a whole bitcoin and they don't want to spend thousands of dollars in Bitcoin.

You said ''that value has to come from somewhere''. Do you now how much new fresh money is pumped into Bitcoin by new investors?
Huge gains are in correlation with so much healthy investment that you can't find anywhere in the world right now, I think.
But don't get fool yourself these gains won't last for eternity.

If there are no large institutions and novice companies entering the encrypted currency market, the correction is necessary. Bitcoin is more investment function, I think that if we want to achieve deeper growth of bitcoin, we must let bitcoin be applied to more daily life. This can ensure that the community is becoming more and more powerful.

Well whatever that's said is completely true but there has been quite a few corrections in the past rhus I feel that it's not gonna correct again since now , we can clearly see that people are holding and trusting it so that it will go again to great heights and that's expected in March and even if it corrects then..it will soon recover since the data given by the experts prove just that.

So I don't think we should fear correction .

If any body buy any position at high rate or price then that body have to afraid from the falling of bitcoin because that will decrease the value of investment .Otherwise there is not need to be care full for bitcoin correction and this is a market and without big heart no body can survive for long time. This is only prediction that bitcoin will correct but it may go up according to some experts who say that it will not come down at old rate.

Agreed. Corrections are always good opportunity for retail traders like us. This is the best strategy to make more profit. It is called swing trading in case you want to do a deep research and learn more. You basically sell on swing high and buy on swing lows.

Aren't we in the middle of correction right now? In my opinion, it is good that the price become stable lately. A lot of people have been saying that Bitcoin will fall due to the price surge. I doubt that the price will drop below $10k. Lightning Network is already here, we just have to wait for wallet updates and more merchants to accept it. As far as I know, TorGuard started accepting Lightning payments. I can't wait for the update which will allow me to test it out on the mainnet.

The rapid increase in value is coupled with the inflow of investors due to the prospect of opening traditional brokerage houses for bitcoin trading, which is to herald the expansion of the prospects for the presence of this cryptocurrency on the US foreign exchange market.

I think the correction you are referring to is a healthy correction for the bitcoin market. Why? because it would give btc more room to grow moving forward. This will also allow the majority of the market to be able to join in the trading market. Unlike when it went up to 19k USD. So we should be more adapt to this correction that is due to happen. Yet again, I would agree with your statement that we just need to be careful towards this.

yes, thanks for the advice, and I will keep some bitcoins, and I will not keep them anywhere else, even if only temporarily. I think be patient and keep hold is my choice at this time. if i have money, i will buy again some bitcoin.

I think bitcoin and the crypto market are in a difficult period because they are constantly experiencing extremely bad news from the big crypto markets in the world. I realize that this decline is likely to be driven by large investors and will intentionally cause the market to go down so deep that they can buy bitcoin and altcoin at the lowest level and after getting enough They pushed the market up. That is my subjective thought but I feel the market is being controlled quite a lot.

Course correction is always performed.At a price of 18.000$ it was clear that to go down.But the practice of the past shows that if the price has reached peaks and is likely to be falling.But also the rise again in the area of price 18000$.Of course no once can take months.Again this my personal opinion.

Yes, the idea is quite right, bitcoin is right, maybe not right now, but in the end it must be correct. We need to be more patient now, to reduce its possession, but not to give up completely.

yes, perhaps more precisely the natural correction, and it happens every year after the bitcoin price falls. with conditions like there are some actions done by holders bitcoin, hold, sell and buy, but my choice will keep bitcoin in wallet, and I will wait until bitcoin back stable.

May you can point out what made it for you clear?
I personally also believe in the correction, -> Januar Dip

Of course there was a price correction, after the surge it is normal that the price drops. But it took a while for the price going down to 10K and it might even have a further decline to 8K. But then we'll have another upswing and bitcoin could even reach 30K soon.

Yes agree, I think the price will grow up in nearest future.

Now the prices have stabilized to $10000- $11000 and I think this is the right time to invest more. I will be buying 10 BTC this month.

I was reading an article last week about bitcoin and that in the next couple months it will have a limit on the creation of any new coins. Is this true and if so would that drive the price up?