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Author Topic: Bubble Bursting or Just a Short Term Correction?  (Read 2841 times)
NaXxow
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May 28, 2017, 08:35:32 AM
 #41

For what I am understanding during the dump, it is only minor correction, but right now, more new people are getting panic because of the low price and made them panic selling, which cause them to lose more money. anyways, i hope it will be a great lesson to everyone Smiley


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May 28, 2017, 10:12:10 AM
 #42

For what I am understanding during the dump, it is only minor correction, but right now, more new people are getting panic because of the low price and made them panic selling, which cause them to lose more money. anyways, i hope it will be a great lesson to everyone Smiley

The dumping still continues but I don't see the price of bitcoin dipping to $2000? Bitcoin holding? I think the market is now back and we will be back again to $2200-$2500. That's how bitcoin price is very resilient and can recover too quick as well. Price going to the moon now.

 
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May 28, 2017, 12:36:53 PM
 #43

For what I am understanding during the dump, it is only minor correction, but right now, more new people are getting panic because of the low price and made them panic selling, which cause them to lose more money. anyways, i hope it will be a great lesson to everyone Smiley
It deffinetly will be a lesson. Sold ETH Classic for 10$ worst price, but next time i will wait a little bit more and don`t get paniced Cheesy

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May 28, 2017, 02:30:31 PM
 #44

It's correcting. Hope this trend continuous

jane418
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May 28, 2017, 04:38:30 PM
 #45

I don't think the bubble has burst yet, but I think yesterday's massive crash was a sign that the market is a bit bubbly.
Alts are obviously in a massive bubble, especially the smaller alts that now have several hundre millon dollar market caps!

I think there is life in the bubble yet though, I wouldn't go all in on Alts (I never would!), but I think there could be some time left in this bubble.

you just said what I wanted to. of course there are bubbles, the risks are accumulating, but not yet time to burst atm.

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