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Author Topic: Price is increasing too fast, will there be a correction?  (Read 1316 times)
alyssa85
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August 12, 2017, 09:31:07 PM
 #41

I think a retracement is underway at the moment. It hit $3975 on Kraken, but it is now below $3800. Maybe we'll have to wait till next week for the next assault on $4000.

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Bagaji
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August 12, 2017, 09:32:35 PM
 #42

Definitely there most be a correction but am not certain on whether it will happen below $4000 or  above $4000 because of its current movement. Although I advice you to apply what i call " Wait and see a Approach".

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August 12, 2017, 10:31:05 PM
 #43

In crypto sphere whales greed is our strong point, while they get bigger and bigger by every passing day, larger and larger amounts being invested which will only result in price rising. there are too many new coins(mostly Chinese scam ICOs all offering the exact same shit, it's like they have the same web designer lol and same script writer double lol, there are some coins listed on coinmarketcap and when you visit their website you can see typos and misspellings all over the pages yet they are being traded for millions of dollars on some unknown and fake exchanges, triple lol.)
None of them worth even reading their whitepapers, all are the clones of original coins and platforms, and all of them are being pumped by the free money those fackers earned after the split, I promise you all of them will go down once they have no spare money to keep the support alive.

With Bitcoin, they dump and we'll see some corrections, however for an original crypto currency there will be always real support to keep the market alive for at least another decade.

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August 12, 2017, 11:04:37 PM
 #44

The increase is so sharp that it seems to me that the correction would be after reaching the 4000$ at least. I think there will be one...but likely will end over the 3000$.

xaxistech
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August 12, 2017, 11:08:36 PM
 #45

Well bitcoin is going up too fast, i think there is gonna be a correction after passing the $4k support, it will make a dump but only for a few days, like it happened in the past, it's just happens and then go up again like it always did.
It touched $3940 today

fabiorem
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August 12, 2017, 11:20:52 PM
 #46

I think the money is coming from somewhere else, but have no idea where.

Maybe it's McAfee, trying to save his own dick.
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August 13, 2017, 02:34:56 AM
 #47

I think the money is coming from somewhere else, but have no idea where.

Maybe it's McAfee, trying to save his own dick.


Hahaha, nice one.

But still, his prediction would be $500k. And this is far from it. Not even 1% yet.

So imo it's definitely not from McAfee, or at least from him alone.

I wouldn't be getting in bitcoin at the moment. It's just too crazy to be sustainable and we'll probably see some sort of correction very soon. Personally, i'd hold whatever i've got right now but not buy in any further.














 

 

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