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Author Topic: Is the btc price correction done?  (Read 619 times)
minersday
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November 14, 2017, 10:41:11 PM
 #21

I think that it is done right now, just look at the recent prices, it has been fluctuating a lot, and i really think that all this mess is over because i dont see any fud over bitcoin and bitcoin cash, so maybe it is over for now.
but i read in another discussion in there about that bitcoin was going to receive another attack tonight, i am not sure about this and i know know if it is true, but if it is real, then bitcoin will go down for some hundreds and bitcoin cash is going to have a brand new pump again.
But i am sure that bitcoin cash will go down so fast.

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aardvark15
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November 14, 2017, 11:30:48 PM
 #22

What do you think guy's?

Is the btc price correction done?

Or it will go down again?

Or it's time to see the price to the moon?


It’s hard to say but we need to be prepared either way it goes. I like to always expect for a price drop because something can always trigger that such as a government regulation or a problem with an exchange. Fluctuations are common because cryptocurrencies are so sensitive to any good or bad information.

We are at a point where we’ve seen a drop and a small rebound so it could keep going up or we could see a double bottom. The thing I focus on is that I believe that the price will eventually recover at some point.

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November 15, 2017, 12:08:07 AM
 #23

I see all this as normal, indeed over the past few days we have seen that there is a considerable decline in Bitcoin prices, but overall we can conclude that the price of Bitcoin has returned to the normal treck. Some people have experienced panic and this is a natural thing, so this is the time to make a positive improvement to the Bitcoin trend, Stop panic sell because it will only make things worse. I would prefer to hold and now is the right time to buy Bitcoin. Give more confidence to Bitcoin and we will get a better impact. I am still optimistic that by the end of 2017 the price of Bitcoin could exceed 8000 $ and this opportunity is very likely to happen.
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November 15, 2017, 12:19:54 AM
 #24

Maybe Bitcoin and Bitcoin Cash will continue to coexist, with Bitcoin Cash gradually taking on a larger role since the  mining profitability is about the same now but the transaction fees are much lower. The consequence is that Bitcoin has to surrender part of its value to Bitcoin Cash.

kimochidesh
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November 15, 2017, 09:09:54 PM
 #25

BTC fall was just temporary. In last 24hrs BTC gain about 10% and it is again on $7300 approx. Segwit2x cancellation just brings a correction and created an opportunity to buy BTC at the lower price. Hope many of us have taken the advantage of this situation.
BCH has lost about $300 in last 2 days and again come to $1200. BCH buying was just a FOMO and trendy. BTC has a long way to go and grow.

buwaytress
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November 15, 2017, 09:33:40 PM
 #26

BTC fall was just temporary. In last 24hrs BTC gain about 10% and it is again on $7300 approx. Segwit2x cancellation just brings a correction and created an opportunity to buy BTC at the lower price. Hope many of us have taken the advantage of this situation.
BCH has lost about $300 in last 2 days and again come to $1200. BCH buying was just a FOMO and trendy. BTC has a long way to go and grow.

Yeah, I'm glad I waited one week to sell a significantly desperate stash. Going to have to pay about $40 in late bills payments, but I gained a couple of hundred dollars just by waiting from 6100 to 7300! Not exactly my proudest moment of self discipline but I was so certain the sell off was just too sharp.

Also, I doubt it was really the Segwit2x suspension... after all, it was supposed to mean good news, surprising as it was to most of us (or to me, anyway). It was the unexpected blowback from angry miners and supporters... Bitcoin Classic group and all that just rushing over to BCH and carrying their hashpower with them.

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November 15, 2017, 09:35:41 PM
 #27

What do you think guy's?

Is the btc price correction done?

Or it will go down again?

Or it's time to see the price to the moon?


The last correction is done. But there will be new corrections in future. That is how it is. But long term BTC is going up and should go up for next few years.

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dead_m92
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November 15, 2017, 10:15:17 PM
 #28

Yesterday bitcoin was below 6700 each one and i said that it was going to be over 7400 by today, i am happy because i know that my prediction was fair.
This is incredible, i dont know how much will bitcoin rise in the next days, i am still waiting to see a new all time high but i am sure that it will happen in a few days from now.
Bitcoin needs to drop a little in order to be in a little bit more safe zone, but yes, we are fine at those rates and we all are expecting to see it going up again, the correction is probably done at the moment.


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