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Author Topic: Bubble Bursting or Just a Short Term Correction?  (Read 2801 times)
Kaamio
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May 27, 2017, 11:11:49 AM
 #21

Seems like the correction has ended. Maybe good time to buyback now  Cool
Baofeng
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May 27, 2017, 11:22:22 AM
 #22

This is a correction not a bubble burst, lots of new/nobo money came in recently, some are tkaing profits others are fuddign and getting out with losses. There is no bubble at all. There are no bad news nor anyone expects Bitcoin to go under 1000 ever again

I also want to believed that what we are seeing is not a bubble  that is bursting. But the way I see it, the dumping started with bitcoin and soon other alt coins has followed. So for me, its a bubble. But I still high hopes that we can go all back in track in coming days slowly and not what we see in the past weeks were the price rise much faster as expected.

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pizamoi
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May 27, 2017, 11:35:09 AM
 #23

The weak hands will exit and the true believers will remain, you can either call it a bubble burst or a correction but the matter of fact is eventually it will go back up for any coins that have true value.
kawacaki
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May 27, 2017, 11:57:17 AM
 #24

Seems like the correction has ended. Maybe good time to buyback now  Cool

yep the marketcap came up from 57b to 63b last houre

Bowtiesarecool
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May 27, 2017, 01:42:22 PM
 #25

The weak hands will exit and the true believers will remain, you can either call it a bubble burst or a correction but the matter of fact is eventually it will go back up for any coins that have true value.
That's why I'm buying into coins with values and real world application. Those are sure to bounce back
deblue
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May 27, 2017, 02:17:06 PM
 #26

Yes this is a correction. But their prices will not stay that way. I hope they will rise over time.
radamiel
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May 27, 2017, 02:27:21 PM
 #27

Yes this is a correction. But their prices will not stay that way. I hope they will rise over time.
We all hope so, hopefully rise back
cerejobastos
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May 27, 2017, 03:11:46 PM
 #28

Stratis kep most of its value, most coins decrease 50% while Stratis is atm less than 30% down. Project with an awesome team, really!, and real world use cases. Bringing new tech to crypto next month, June.

ApexEvo
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May 27, 2017, 03:42:28 PM
 #29

You can see the crashing of the prices already slowing down. Whether this is the low point and we'll stay at these prices or get into a new bubble we'll see. Might also resume falling down if this buy support doesn't hold but so far it seems many people are eagerly buying into different coins now, cause they're cheap which means the general belief is that they won't get much cheaper.








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2Pac
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May 27, 2017, 03:56:49 PM
 #30

Not all but some coins were in a bubble such as Ripple. They burst those overvalued coins, others look fine as USD terms.
This may be a short term correction for other coins but we'll see next 2 weeks if bull run end here or go on crazy like that.
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May 27, 2017, 04:54:25 PM
 #31

holy pump! Its going up again Cheesy
im not sure how to trade this.. expect another wave down and sell, or buy more for case that correction is over?  Huh

anyway, there is a nice volatility now  Smiley
Fundamentals Of
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May 27, 2017, 04:57:59 PM
 #32

Makes me wonder should I sell my Alt coins or hold on to it?

You try cost averaging if you still have the funds. If not then hold those coins you think have good potential in the future. In crypto I was trained to have hands of steel to survive.
Zegra
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May 27, 2017, 11:00:53 PM
 #33

This is a correction not a bubble burst, lots of new/nobo money came in recently, some are tkaing profits others are fuddign and getting out with losses. There is no bubble at all. There are no bad news nor anyone expects Bitcoin to go under 1000 ever again

I also want to believed that what we are seeing is not a bubble  that is bursting. But the way I see it, the dumping started with bitcoin and soon other alt coins has followed. So for me, its a bubble. But I still high hopes that we can go all back in track in coming days slowly and not what we see in the past weeks were the price rise much faster as expected.

Actually, altcoins started crashing first (starting with XMR) and a while later BTC followed
renes
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May 27, 2017, 11:12:37 PM
 #34

Around $2000 is normal for bitcoin now. There might be some fluctuations but I don't think it will be hard.
UMadorMyrin
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May 28, 2017, 03:01:13 AM
 #35

Seems that the correction is over and everything is moving back into the green
cryptimus prime
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May 28, 2017, 05:58:12 AM
 #36

Coinbase had  40.000 new customers trying to sign up in one day and could not handle it. Everybody wants to enter crypto now, could be still just beginning of a bull market. I invest only in the holy trinity of crypto: BTC, XMR, ETH and feel safe in those.
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May 28, 2017, 06:25:01 AM
 #37

and this forum is seeing most active month (new posts+threads) since 2014..
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May 28, 2017, 06:33:16 AM
 #38

Around $2000 is normal for bitcoin now. There might be some fluctuations but I don't think it will be hard.

Exactly and I think we are due for some sideays movement before the next pump to take us to 3k$.
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May 28, 2017, 07:09:59 AM
 #39

If BTC goes below $2000 then people will start with the sell panic

cerejobastos
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May 28, 2017, 07:50:43 AM
 #40

If BTC goes below $2000 then people will start with the sell panic
some panic below 1800, real panic below 1300. not 2000, it already was  below 2000 tomorrow

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