tonight is the correction

[mai2mai]

Whales just taking out some profits, nothing unusual about it. Has happened every single time after a big rally upwards. Will happen again. Just take a chill pill and enjoy the ride.

Hold if you have the stomach. Or sell some profit and have a peaceful sleep. Wait until the US goes to sleep that's when the Chinese and Koreans are dumping their BTC!

The best thing to do actually, fix some profit and sleep calm) The main thing is not to go after the crowd and stay calm without panic, I tihnk.  It always jhelps me. But now I really don't get the idea, do we really run to 12-13k without a significant correction? Isn't it too much?

[Oakey22]

Dont forget to lock those profits in guys, even if you only take 10% its still a profit. If you let it all ride out and it drops significantly then you will be kicking yourself.

[JamesIV]

I think it will reduce to $8500-$9000. After that it will recover to $13000. I will wait to it falls down to buy.

[bitcoin.podcast]

I think it will reduce to $8500-$9000. After that it will recover to $13000. I will wait to it falls down to buy.

it seems to me that bitcoin will not fall any more. This has already been a correction and now the price will go up. But maybe I'm wrong. I also want to buy cheap coins 

[davecrypto]

I think it will reduce to $8500-$9000. After that it will recover to $13000. I will wait to it falls down to buy.

it seems to me that bitcoin will not fall any more. This has already been a correction and now the price will go up. But maybe I'm wrong. I also want to buy cheap coins  

Now it's time to buy in cheap. ...I transfered my funds yesterday to USDT, right before the correction happened, now I go all-in on many altcoins and btc.

BTC, ETH, XMR, IOTA, EOS, NEO, KMD, TRIG, STRAT, LISK ...all very promising coins that dipped now.

[Bezobraznike]

I think it will reduce to $8500-$9000. After that it will recover to $13000. I will wait to it falls down to buy.

it seems to me that bitcoin will not fall any more. This has already been a correction and now the price will go up. But maybe I'm wrong. I also want to buy cheap coins 

Now it's time to buy in cheap. ...I transfered my funds yesterday to USDT, right before the correction happened, now I go all-in on many altcoins and btc.

BTC, ETH, XMR, IOTA, EOS, NEO, KMD, TRIG, STRAT, LISK ...all very promising coins that dipped now.

   I am looking at charts and from green we are now red, and like you are
saying Davecrypto is saying it is promising to buy in dips. I am receiving my
salary in monday and I hope that this correction will last until then.
   Until now every time when prices go down after some time we see recovering
and new records after that. In one moment all people were crazy about bitcoin
and cause of demand prices were going up. Little drop does not mean much,
it is good to be calm and quiet for a while and then we will see rising again.

[davecrypto]

I think it will reduce to $8500-$9000. After that it will recover to $13000. I will wait to it falls down to buy.

it seems to me that bitcoin will not fall any more. This has already been a correction and now the price will go up. But maybe I'm wrong. I also want to buy cheap coins 

Now it's time to buy in cheap. ...I transfered my funds yesterday to USDT, right before the correction happened, now I go all-in on many altcoins and btc.

BTC, ETH, XMR, IOTA, EOS, NEO, KMD, TRIG, STRAT, LISK ...all very promising coins that dipped now.

   I am looking at charts and from green we are now red, and like you are
saying Davecrypto is saying it is promising to buy in dips. I am receiving my
salary in monday and I hope that this correction will last until then.
   Until now every time when prices go down after some time we see recovering
and new records after that. In one moment all people were crazy about bitcoin
and cause of demand prices were going up. Little drop does not mean much,
it is good to be calm and quiet for a while and then we will see rising again.

Many coins already climb up again. ...don't get fooled by coinmarketcap now. ...if you look at the charts it doesn't look good now, but that is a bit misleading.

Go on Binance, Bittrex, Bitfiney, whatever exchange you are using and look at the charts there. Many coins are already rising.

But of course you can wait some days, you will profit anyways. ...for max profit, time is now.

[DonaldTramponald]

the correction is coming , back to 8k?

I don't think the correction will last long and will fall to 8000$. I guess now is a good time to buy for those, who waited for the drawdown.

[xandriel]

Yes, There is a correction is happening. The Bitcoin will fall down to $8000 in next month. We should wait to buy.

[crypto_world]

Yes, There is a correction is happening. The Bitcoin will fall down to $8000 in next month. We should wait to buy.

Why do you think so? I hope that after correction the bitcoin price will go up and it will grow several months. Do you think that in December the price of bitcoin will drop due to forks?

[BMG86]

It looks like the correction is over. Bitcoin is steadily making its way back to $11k, we will see it hit $12k-$15k by the end of the year.

[DjTremor]

I think it will reduce to $8500-$9000. After that it will recover to $13000. I will wait to it falls down to buy.

Lots of trader think like that but it never reduces down to $8,000 level. It's still above $10k and now it's going up again. Very interesting, maybe whales do this not to let us make profit.

[uDwcHYO]

it has grown too fast, correction is good, organic growth is needed, it contributes to a more proper development of the ecosystem

[eddie13]

the correction is coming , back to 8k?

It might not get to $8000 but around $9500 as I don't think there is any reason why bitcoin should fall below that level except  activities of traders that are trying to take profit in other to buy bitcoin at cheap price again. I have been following bitcoin price since morning and the fluctuations is too high that many traders may be tempted to sell off at $11,500 especially those that buy below $10,000. However, now that is below $10,000 give us another chance to buy bitcoin at a cheap price as very soon probably before end of the year it may hit $15,000!

No, 10k usd isn't cheap anymore, most people in the world don't make that within a year. 1 Bitcoin is out of the reach for the majority of the world, cheap was when BTC was at 250 usd, an affordable amount.

On this scale, we are talking about 2 types of investors: 1 early adopters and 2 the institutional investors. The little fish have no part in Bitcoin markets anymore, it's out of reach for the majority of you.

The new big investors don't like risk, they will exit when they see unhealthy red markets.

That's exactly what I was thinking. According to OECD statistics, there are only 34 countries which had average annual wage more than 10k USD. So majority won't be able to invest in it. I am still not sure whether it is good or bad for bitcoin if institutional investors starts pumping money in to it.

The price is irrelevant, they don't have to buy a whole coin..
It's devisable to .00000001 remember..

$100,000 bitcoin would not be a problem in that regard as long as fees drop accordingly..

I think bitcoin is going to dance around 10k like a narrowband O2 signal..

[Cool1]

some say up 10k, but there is also a higher 50k but also some say 8k-9k stable price.

[uDwcHYO]

according to the price chart it looks like there is another wave of correction, and this is expected, the price before the fall greatly accelerated the growth

[lazy-physicist]

You guys are so bad at speculation, I usually just bet on the opposite of what the hell you are predicting.

[Lastsamuraj]

Thank god .Alt holders need this correction.Coins did recovered a bit,bit still big loss,not to say anything about profit.Very strange 4 month because of bitcoin madness.In the way like this we will end up with a bubble trouble:/

[lambofan]

i dont think will go 5k or even 8k and hopefully will be around 9k -10k for two weeks than we can trade and make some profit from altcoins.
there are many news about bitcoin and many new investor are interested to bitcoin so this price is still so cheap when you know there will be just 21million btc. (currently 16.7 m )
HODL btc or buy rigth now eth and POWR .

Since that you touch the topic of supply you are indeed right only that I imagine that the amount available should really be lower,because I guess there must be some lost others frozen,etc.,I do not know the actual percentage of what I speak but who knows if that is a thing for or against the price,but I think it's a factor that should also be considered,as I see BTC  has 8 decimals,but I wonder if some day they decide to add more decimals and the effect that could bring to it.

[Dragonrage201]

It seems Bitcoin will oscillate up and down around the important $10000 number for
some time before it takes off again. Other top altcoins should rally along.