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Author Topic: Is the market correction coming?  (Read 2415 times)
Pierre 2
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August 13, 2017, 08:57:50 AM
 #21

I think there will be correction happening in lot of altcoins till the end of summer.
But I don't think bitcoin needs correction at all, it just implemented new tech, it means rise and not speculative one.
misterBLK (OP)
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August 13, 2017, 09:02:12 AM
 #22

 but don't you guys think that it's growing way too fast?
Lontonbit
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August 13, 2017, 09:13:53 AM
 #23

I never should have bought Alts. I'm down many bitcoins now. I would have been way ahead just leaving it all in bitcoin. Alts getting slaughtered vs bitcoin ;(

It’s gold for nerds
Broly46
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August 13, 2017, 12:48:01 PM
 #24

I have been waiting for it to come down.
May be it is about time. Cool

Self hating nerd that want to escape from reality into the cyberpunk.
burdeN
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August 13, 2017, 02:39:27 PM
 #25

There is so much talk about bitcoin > $5000. I dont think we will see much resistance before it hit $4800. And alts will most likely continue down if that is the case.
agree, everyone have been talking about bitcoin is going to reach 5k$ before the end of 2017, but it seems we might see it reach 5k before end of September Shocked
Kenny001
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August 13, 2017, 03:05:31 PM
 #26

I never should have bought Alts. I'm down many bitcoins now. I would have been way ahead just leaving it all in bitcoin. Alts getting slaughtered vs bitcoin ;(

Definitely new here. Relax man.. wow
TrumpD
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August 13, 2017, 05:07:54 PM
 #27

There will be a correction at some point, be it now or later. Brace yourselves for it, I expect a lot of whinging and regret from bed-wetters, forgetting how well the price has been doing lately.
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August 13, 2017, 05:11:18 PM
 #28

The correction will come pretty soon, give it max 3 weeks and you'll see.
cryptocortex
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August 13, 2017, 05:19:05 PM
 #29

Bitcoin is going up because that's the place where it should be. The network is achieving new levels of security and stability. However, if Bitcoin reaches the mark of $ 5000 in a few days, I think we should be seeing a correction by the end of the week.

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August 13, 2017, 05:27:09 PM
 #30

There is so much talk about bitcoin > $5000. I dont think we will see much resistance before it hit $4800. And alts will most likely continue down if that is the case.
agree, everyone have been talking about bitcoin is going to reach 5k$ before the end of 2017, but it seems we might see it reach 5k before end of September Shocked
Personally, I think price of bitcoin will not be able to reach $ 5,000 before the end of September, it has reached the value of more than $ 4,000 after a period of accumulation, so I have many reasons believing it will need more time to accumulate and reach higher values. In the coming time, the price of bitcoin will decrease and altcoin will rise again, this is the best adjustment if bitcoin wants to reach $ 5000

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p3ppymon
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August 13, 2017, 05:30:08 PM
 #31

The correction will come pretty soon, give it max 3 weeks and you'll see.

The price of the alt coin seems stable with respect to fiat.
Only when the btc will bubble there would be an inversion imho.
I will keep buying for good.
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August 13, 2017, 08:11:46 PM
 #32

Yes very likely bitcoin has almost doubled itself and still altcoins continue to increase, market correction may be really big.
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August 13, 2017, 09:59:22 PM
 #33

I never should have bought Alts. I'm down many bitcoins now. I would have been way ahead just leaving it all in bitcoin. Alts getting slaughtered vs bitcoin ;(
That’s so sad you replaced bitcoins with altcoins. Bitcoins are the most cherished digital currency so it was so absurd to give up on bitcoins just for little altcoins. They are just kids as compared to bitcoins. Now just keep an eye on bitcoins to buy them again at cheap rate and next time try to be very careful and smart with your bitcoins.
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August 14, 2017, 11:54:38 AM
 #34

I never should have bought Alts. I'm down many bitcoins now. I would have been way ahead just leaving it all in bitcoin. Alts getting slaughtered vs bitcoin ;(
That’s so sad you replaced bitcoins with altcoins. Bitcoins are the most cherished digital currency so it was so absurd to give up on bitcoins just for little altcoins. They are just kids as compared to bitcoins. Now just keep an eye on bitcoins to buy them again at cheap rate and next time try to be very careful and smart with your bitcoins.

Other traders have a completely different view of altcoins and the way they could be exploited.
Perhaps you might not have a working strategy at the moment. Keep on working on it so you can recoup some losses.
Good luck
dennyd999
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August 14, 2017, 12:26:05 PM
Last edit: August 14, 2017, 12:40:15 PM by dennyd999
 #35

AXA a "sponsor" of Segwit world leading insurance company will trow the money to BTC now.

Alts always will exist and will continue uptrend with Bitcoin. Especialy some intresting projects which trying to deliver something new to the stage.


BTC dominance according Coinmarketcap is 49,8%.
Exactly the same as week before. That means Alts are growing too.

BTC capitalisation now is close to PayPal 69 vs 70


My prediction ,big correction will come around the end of september,october.

Also I am not sure if there will be sell the news event on Bitcoin Segwit?

Hamphser
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August 14, 2017, 12:58:01 PM
 #36

the market cap grew very rapidly after August 1, do you guys think the market will correct itself like it did the last time?
Correction on prices would really come soon and its really a normal thing to happen on cryptocurrencies on which its price do go up with the hype and now on bitcoin it increases on insane prices already and i do strongly believe it would correct its price anytime soon that is why we should be wise on when to sell on the exact time when the price tend to go back lower again.

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elektibi75
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August 14, 2017, 05:16:36 PM
 #37

Yes, I think correction is near. However, crypto is crazy, so we may see another shot up. I'd be happy to see a good correction so I can load up more good coins and then relax for another year or so , lol

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chesthing
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August 14, 2017, 05:36:56 PM
 #38

I never should have bought Alts. I'm down many bitcoins now. I would have been way ahead just leaving it all in bitcoin. Alts getting slaughtered vs bitcoin ;(
That’s so sad you replaced bitcoins with altcoins. Bitcoins are the most cherished digital currency so it was so absurd to give up on bitcoins just for little altcoins. They are just kids as compared to bitcoins. Now just keep an eye on bitcoins to buy them again at cheap rate and next time try to be very careful and smart with your bitcoins.

Buying alts is the best way to make more bitcoins, othwise you have to buy them with real money. It's worked countless times before so you can't blame him for trying.
Wouldn't it be nice to buy something with 10 btc and have it worth 1000 btc a year or 2 later? this has occured dozens of times in the last 5 years.
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August 14, 2017, 07:37:30 PM
 #39

There will be numerous corrections in both Bitcoin and altcoins on the way to much higher prices.
Unless you are a good trader, buying and holding bitcoin and some top altcoins will be a winning strategy in
this crypto bull market.
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August 14, 2017, 09:03:50 PM
 #40

The market itself is correcting each week. Unless there is bad news about Bitcoin then no the bull will continue to run. Slow and steady growth. Remember it took about 8 yrs for Bitcoin to reach this level so that is actually quite a good rise.
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