Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: grexmebeen on August 17, 2017, 04:08:46 PM



Title: So correction is coming?
Post by: grexmebeen on August 17, 2017, 04:08:46 PM
Just my speculation, Bitcoin recovers to nearly 4500 USD from a minor correction, but it could not pass 4500 USD, this is not a good sign. I guess that's because people are selling their alt coins for Bitcoin and finally for fiat - that causes a small raise for Bitcoin . BUT: weekend is coming, this is an appropriate time for a big correction.


Title: Re: So correction is coming?
Post by: Gyro on August 17, 2017, 04:26:46 PM
Resistance at 4500.00. Alts may start to catch up.

I'm hoping that BTC keeps going past 5000.00 this weekend. I would like to see the alts fall some more before buying in again.


Title: Re: So correction is coming?
Post by: McWorse on August 17, 2017, 04:50:01 PM
Will this be the correction from the correction then?
(Or the correction from the correction correction... ? I lost the overview...)
Sorry, but what should be corrected?
The dips, the bottoms, the crash before aug1st?
Yes!
But upwards!
Please...


Title: Re: So correction is coming?
Post by: Dikobit on August 17, 2017, 05:42:54 PM
i'm surpriced it tanked and recovered so fast to be honest


Title: Re: So correction is coming?
Post by: barota on August 17, 2017, 06:06:51 PM
Just my speculation, Bitcoin recovers to nearly 4500 USD from a minor correction, but it could not pass 4500 USD, this is not a good sign. I guess that's because people are selling their alt coins for Bitcoin and finally for fiat - that causes a small raise for Bitcoin . BUT: weekend is coming, this is an appropriate time for a big correction.


you are right  .    This is what happens now and later  . bitcoin can  2500   again                                                     


Title: Re: So correction is coming?
Post by: Idrisu on August 17, 2017, 06:22:17 PM
Just my speculation, Bitcoin recovers to nearly 4500 USD from a minor correction, but it could not pass 4500 USD, this is not a good sign. I guess that's because people are selling their alt coins for Bitcoin and finally for fiat - that causes a small raise for Bitcoin . BUT: weekend is coming, this is an appropriate time for a big correction.
Bitcoin has try several times today to break the strong resistance at $4500 and I see that there is no strong momentum to break that level because of the activities of traders who only interest is to make profit. Many traders that are currently pumping bitcoin are going to sell of their position to take profit and that will force the price to actually make a correction as op has rightly said. I think correction is on the way to create momentum in other to break this wonderful level of $4500.


Title: Re: So correction is coming?
Post by: dalecom on August 17, 2017, 06:32:03 PM
Just my speculation, Bitcoin recovers to nearly 4500 USD from a minor correction, but it could not pass 4500 USD, this is not a good sign. I guess that's because people are selling their alt coins for Bitcoin and finally for fiat - that causes a small raise for Bitcoin . BUT: weekend is coming, this is an appropriate time for a big correction.

Bitcoin is probably due for a correction though - nothing can go up indefinitely and it's had an incredible run since the fork. no?


Title: Re: So correction is coming?
Post by: Mozdalifa17 on August 17, 2017, 06:36:58 PM
Correction already done bitcoin price on the move at this moment i don't know what will happen if first world countries adapted bitcoin as an official payment gateway can you imagine ??


Title: Re: So correction is coming?
Post by: Oilacris on August 17, 2017, 06:41:14 PM
Just my speculation, Bitcoin recovers to nearly 4500 USD from a minor correction, but it could not pass 4500 USD, this is not a good sign. I guess that's because people are selling their alt coins for Bitcoin and finally for fiat - that causes a small raise for Bitcoin . BUT: weekend is coming, this is an appropriate time for a big correction.
Correction? I cant see that theres already correction since those price decrease are just profit accumulating times and yes theres really a good resistance on 4500 price but it doesnt mean that it isnt good and yet bitcoin can anytime break that resistance depending if the community would decide to do such thing.When we are talking about price corrections maybe we would go on 2900-3200 price.


Title: Re: So correction is coming?
Post by: Bowtiesarecool on August 17, 2017, 07:15:22 PM
Some correction would be nice to be had for Alts to catch up.


Title: Re: So correction is coming?
Post by: rayk on August 17, 2017, 07:29:24 PM
I can't wait for a big crash. I think it will drop to $3000, pricing segwit should be required for sure but this is bubble.


Title: Re: So correction is coming?
Post by: go4crypto on August 17, 2017, 07:43:01 PM
Bitcoin can dip below $4000 again just like it did two days ago. It needs to go sideways this week to complete
a minor correction before attacking the $5000 level later this month or next.


Title: Re: So correction is coming?
Post by: barota on August 17, 2017, 07:53:19 PM
i thinkthe rise of fucker bitcoin ....        Cause problems for all investors

look   bad commentaire  in  poleinex and all site trade   

btc e closed 

The rise of bitcoin    must be stopped Must gradually rise   
   
Maybe . bitcoin  is a threat. For the dollar

       
This rise is very dangerous for everyone
                                                                                                                                                           


Title: Re: So correction is coming?
Post by: barota on August 17, 2017, 08:04:41 PM
https://bitcointalk.org/index.php?topic=2097908.new#new


Title: Re: So correction is coming?
Post by: soothaa on August 17, 2017, 08:16:25 PM
Yes we're due for a correction but that massive spike we had earlier may have pushed it off for a little while. I was thinking we would see the start of a full correction earlier but with that large push I think BTC wants to test around 4700 before correcting. However the whole market is acting extremely strangely today and I have been eyeing a lot of action / inaction all around. Lots of alts moving in lock step together and ignoring BTC.. like I said, it has been weird.


Title: Re: So correction is coming?
Post by: Rozita on August 17, 2017, 08:24:17 PM
I think Altcoins might increase in price. This increase can be very large. But I don't thing bitcoin price fall. The demand for bitcoin is so high and it will be high in coming days. I except that what happened in April - June will be repeated again. That time most of Altcoins increased in price very much.


Title: Re: So correction is coming?
Post by: tabas on August 17, 2017, 08:27:21 PM
Just my speculation, Bitcoin recovers to nearly 4500 USD from a minor correction, but it could not pass 4500 USD, this is not a good sign. I guess that's because people are selling their alt coins for Bitcoin and finally for fiat - that causes a small raise for Bitcoin . BUT: weekend is coming, this is an appropriate time for a big correction.

As expected and I guess we are already in a correction, seeing it at $4,400 yesterday and now it was on $4,200. We will see some more decrease but not that too low as I'm thinking that $4,000 is our very own landing price which is good for all of the hodlers. Many are selling their alts and wanting to ride the bull run of bitcoin.


Title: Re: So correction is coming?
Post by: grexmebeen on August 18, 2017, 01:39:46 PM
weekend is coming, we will know soon  ::)


Title: Re: So correction is coming?
Post by: Antivoid on August 18, 2017, 04:03:41 PM
the correction is coming, most of the altcoins are dumping rapidly, its time to buy some since the whole market is still good for a long term


Title: Re: So correction is coming?
Post by: bamboylee on August 18, 2017, 04:12:26 PM
~snip~
BUT: weekend is coming, this is an appropriate time for a big correction.

I do not see any connection between bitcoin correction and weekend. Bitcoin trading does not close on any exchanges and on any date. It is always open. It can be corrected on any day of the week. The trend still remains for the past few days, support for 4000$ and resistance for 4400$.



Title: Re: So correction is coming?
Post by: Bagaji on August 18, 2017, 06:23:50 PM
Base on the current decline in the market value of Bitcoin, before it will gather momentum for a break through at $4500 the decline in the market value of Bitcoin will reach like 10% down ward for currently is still at - 3% which means there is tendency of further decline base on some of the current candle stick.


Title: Re: So correction is coming?
Post by: 5ensei on August 18, 2017, 06:49:23 PM
The bitcoin boom is bad for crypto overall because it means people are dumping alts to jump on the btc bandwagon. Alts are useful because they offer an alternative crypto service whereas bitcoin is just an object of value with no real function.


Title: Re: So correction is coming?
Post by: okissabam on August 18, 2017, 07:33:08 PM
I think the correction had already taken place but the activation has not been done yet. For sure bitcoin will still move its prces up and down until it will be fully activated.


Title: Re: So correction is coming?
Post by: AleSergio on August 18, 2017, 08:48:03 PM
~snip~
BUT: weekend is coming, this is an appropriate time for a big correction.

I do not see any connection between bitcoin correction and weekend. Bitcoin trading does not close on any exchanges and on any date. It is always open. It can be corrected on any day of the week. The trend still remains for the past few days, support for 4000$ and resistance for 4400$.


Nahh it is always so on weekends people sometimes are just relaxing somewhere and dont bother a lot about their investments. Also they sell them to go out or to buy something and weekends are the best time to do so. Thats why before weekends price is always lower, than on Mondays ;D Just saw this trend in a couple of months. That the best time to invest it Fridays and the best time to sell is Tuesday :)


Title: Re: So correction is coming?
Post by: WaqhaZ on August 18, 2017, 08:56:13 PM
4045.19 USD is the current price for BTC but in 2nd week of September it will reach 5500 USD. Its a high time to buy as many Bitcoin you want to get good ROI's.

I already bought 4.


Title: Re: So correction is coming?
Post by: illicit on August 18, 2017, 09:07:01 PM
Resistance at 4500.00. Alts may start to catch up.

I'm hoping that BTC keeps going past 5000.00 this weekend. I would like to see the alts fall some more before buying in again.
Yeah hope that the other alt coins would catch up real soon,
Hope that they would also be pump .


Title: Re: So correction is coming?
Post by: cryptodollar on August 18, 2017, 09:36:51 PM
$4450  Thursday Night..  Trying to push $4500  c'mon  $5,000 by Monday
$4390
$4311
$4251    The SELL Order Volume is HUGE
$4166        Price dives...
$4111           little resistance on the way down...
$4064
$4011     oh noeeess
$3996        whaat the hell....

http://dobbscoin.info/images/900blank_line.png -sigh

     IT'S FRIDAY!!!