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Author Topic: Correction incoming?  (Read 1026 times)
lobo13hf
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May 12, 2018, 03:46:23 PM
 #181

I don't think it's a correction. Just a few negative news in a row, the usual market manipulation.
Of course and this one has been creating another panic sell to the crypto market. https://cointelegraph.com/news/zimbabwes-central-bank-bans-financial-institutions-from-all-crypto-dealings
But anyone can take the advantage through buy more and more cheap bitcoin and altcoin. I don't care what will have done by zimbabwe central bank with the majority of financial institution. Zimbabwe is nothing.



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dragone
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May 12, 2018, 04:20:41 PM
 #182

I don't think it's a correction. Just a few negative news in a row, the usual market manipulation.
Of course and this one has been creating another panic sell to the crypto market. https://cointelegraph.com/news/zimbabwes-central-bank-bans-financial-institutions-from-all-crypto-dealings
But anyone can take the advantage through buy more and more cheap bitcoin and altcoin. I don't care what will have done by zimbabwe central bank with the majority of financial institution. Zimbabwe is nothing.
Maybe Zimbabwe is very important to the crypto world?)) Or someone can remember some guy from Mt. Gox. Everytime when corection comes people remember about him and how he should sell a lot of BTC right now and that's why we have a correction on market.
I don't think that this is so easy. Now market is really not stable and no one can imagine what will be with price tomorrow.
For now HODL is a best strategy.
AUruHM
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May 12, 2018, 05:04:51 PM
 #183

I don't think it's a correction. Just a few negative news in a row, the usual market manipulation.
Of course and this one has been creating another panic sell to the crypto market. https://cointelegraph.com/news/zimbabwes-central-bank-bans-financial-institutions-from-all-crypto-dealings
But anyone can take the advantage through buy more and more cheap bitcoin and altcoin. I don't care what will have done by zimbabwe central bank with the majority of financial institution. Zimbabwe is nothing.
Maybe Zimbabwe is very important to the crypto world?)) Or someone can remember some guy from Mt. Gox. Everytime when corection comes people remember about him and how he should sell a lot of BTC right now and that's why we have a correction on market.
I don't think that this is so easy. Now market is really not stable and no one can imagine what will be with price tomorrow.
For now HODL is a best strategy.
Ha-ha. Yes, Zimbabwe is the center of all cryptocurrencies. Didn't you know? About today's situation, I think it's not correction. It's manipulation and no more. Whales want to buy more and we can watch on results: market is red!
demitazh
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May 12, 2018, 05:58:55 PM
 #184

I think there will be correction anytime soon but it will not really affect most price values. It is just a simple fluctuation and it will rise again.
I also have the same hope, Hopefully it will come true. Today the market is falling, I'm sure will increase in the next few days or weeks

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Adio
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May 12, 2018, 06:48:41 PM
 #185

I don't think so consensus is on the way and each year consensus do bring a good pump, so bull is on the way no time for correction as for now
grchina
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May 12, 2018, 08:10:25 PM
 #186

No one can really tell you that now because there are a lot of eyes pointed on crypto conference/concensus that will happen 14-16 may to see what the future will bring to crypto.Think we wll probably see a solid rise up with prices in next few days but after may 16 its everyones guess
Octc76
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May 12, 2018, 11:43:44 PM
 #187

Going up for many days.

Is the market due for a correction?
Then followed by going down for many days,thats the trend of market this past months
Seriously i dont know what causes this but its really abnormal to see prices like this
This is a real meaning of pump and dump ,and seems like this will last for long because nothing constant about situation
yes ,, things like this happen very often. it is reasonable.
we do not know when the price in the market will be stable.
in my opinion, better we should be able to maximize the existing situation. that way, we will not go too far in loss.
predictions can sometimes miss. hope the good news will come soon.
dragone
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May 13, 2018, 03:46:41 PM
 #188

I don't think it's a correction. Just a few negative news in a row, the usual market manipulation.
Of course and this one has been creating another panic sell to the crypto market. https://cointelegraph.com/news/zimbabwes-central-bank-bans-financial-institutions-from-all-crypto-dealings
But anyone can take the advantage through buy more and more cheap bitcoin and altcoin. I don't care what will have done by zimbabwe central bank with the majority of financial institution. Zimbabwe is nothing.
Maybe Zimbabwe is very important to the crypto world?)) Or someone can remember some guy from Mt. Gox. Everytime when corection comes people remember about him and how he should sell a lot of BTC right now and that's why we have a correction on market.
I don't think that this is so easy. Now market is really not stable and no one can imagine what will be with price tomorrow.
For now HODL is a best strategy.
Ha-ha. Yes, Zimbabwe is the center of all cryptocurrencies. Didn't you know? About today's situation, I think it's not correction. It's manipulation and no more. Whales want to buy more and we can watch on results: market is red!
Yes agree with you in general but still have one huge question
Why whales don't want to raise the price? I thought for them it would be a best option. How can they make money IF price doesn't raise? Or they have futures contract for BTC and can make money even if BTC go down.
This is my main question. I thry to understand how they make money when price go down so often? 
legenduim
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August 02, 2018, 03:16:32 PM
 #189

Going up for many days.

Is the market due for a correction?

The situation that was observed on the market in January-March 2018 had nothing common with the correction. Corrections are short periods. Here we had to deal with a real Huge Fall of all coins including BTC.
vandeam
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August 04, 2018, 06:14:29 PM
 #190

The market correction is going now and it continues about six months. I think there will be a hard growth by autumn because the market stands very long.

gracer88
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August 04, 2018, 10:43:14 PM
 #191

The market correction is going now and it continues about six months. I think there will be a hard growth by autumn because the market stands very long.
I also see all the prerequisites for growth-a long correction despite the positive news-it's all whales.
and I think that we will see a very strong market growth, which has not happened yet.

crishjovi
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August 04, 2018, 11:52:03 PM
 #192

I think there will be some minor corrections because there are no coins going up but almost all are decreasing,
Now the market is increasing after a big correction and that's the main correction that has ende
mriansa
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August 05, 2018, 05:28:10 AM
 #193

in my opinion, price corrections often occur and hopefully when experiencing a correction like this, the price of bitcoin will quickly recover the price and again become very expensive again. because if not many are trapped at very expensive prices.
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