Be careful, bitcoin will correct

[BingoDog]

Of course that price will correct, this is nothing new. Volatility is normal part of bitcoin price and something that traders make money on. The correction could be few hundreds or even few thousands of dollars but the crash will not happen and the price will maintain rather high level. If you think that bitcoin would go back to 3000$ or 5000$ or so than you are wrong.

[carter34]

i do not think it will have huge drop
just a little drop will happen

I don't think otherwise too. The price came to $15,500 after hitting $18,900. This is a good dip merging I think. The thing I understand about bitcoin is that, it recovers easily, except there would be another dip to $10,000 .

[nilbtc4555]

yeap i thik that too because of the sudden market influence.But i think it is natural if you see the price telegraph.So nothing new if you have discovered, of course that corrections will happen.some time it ups and some time it will down 

[ArnoldChippy]

yeap i thik that too because of the sudden market influence.But i think it is natural if you see the price telegraph.So nothing new if you have discovered, of course that corrections will happen.some time it ups and some time it will down 

We have already experienced so many correction in previous time, and still in future we are expecting correction because some people will be trying to sell their bitcoin and get the profit. They will be then waiting for the price to decrease so that they can buy bitcoin again in low price. But i think it will be a wise decision if we hold bitcoin for some more time because bitcoin price even after taking correction will continue increasing its price, therefore i do not think that it is still time to sell your bitcoin.

[#CR7]

This is definite, Not at all assets are upward doings. There will be a grow pass that bitcoin will drop. That's why many experts are rebuke those people who nonappearance to invest going in this area for bitcoin now. Risk what you can drafting. 

[Harrisonimo]

The correction will definitely be sudden due to the volatility behaviour of the bitcoin and it is somewhat imminent anytime soon. I have thought it through too that for those who have made some real money from bitcoin should at this time not get overly relaxed and got caught up when it corrects. As much as treading carefully is important doesn't mean the Cryptocurrency world is neglected. There are other coins to venture into and get to rebuild. At this point also, when and if the price of Bitcoin ever corrects, it is justified to have done more good than harm.

[mast3rm1nd]

people have been calling a correction ever since 11,000 and we are near 20,000 I guess what this means is that most of us in the crypto space and who have been in the bitcoin game for some time are baffled by what is actually driving the price up. I think that it is the new money that is coming in. although I don't usually like to call tops but I think bitcoin will top at 20,000.

[DAVETUN]

Adequate knowledge will safe from loss,Bitcoin correction is sure to happen,my rule is to spread my risk,I dont just hold a coin as its rising,I dispose some and hold some percentage,for the future.

[Dvach]

Yes, but the price is almost 19,000 USD on the moment, it will not fall under 16,000 anyway. I think, that it will go down to approximately 17,500 after correction.

[allthebitandbobs]

Big crash coming sell while you got a chance .Are it will go to 32k a coin what the hell do i know anyway

[Vitolife]

It already went through correction and is now picking up strength and consolidating, there is huge influx of new investors, trying to get some coins. I have been trying to open trading account at Bitfinex few days ago but it was on hold due to influx of new investors. There has been very interesting analysis published - making correlation between total number of accounts and Bitcoin exponential growth - and in this early stage it follows the growth of social networks - and given the current number of users and the overall market potential, I do not think there would be drop in value - there would be some corrections on the way as it picks up strength but we are already used to this.

[mayidid]

I also think this could be a bubble because the price seemed to rise too far too fast. It's had huge gains this year and the price has to drop sometime. There will be some kind of correction to bring the price down to around $17,000 or so. It could even go lower than that but possibly not. I've seen enough fluctuation in Bitcoin price to expect it to happen eventually.

[farhaan]

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

Yes,its true hat bitcoin has helped many to raise investment which they lacked.So,atleast they should withdraw 75% of their money from bitcoin and have 25%in bitcoins itself to enjoy the ride if bitcoin price continues to grow.Let's play the game safely.

[coinSpecter32]

Just ride the slope. There's no need to panic. Calm down, everything will come back to normal by the end of 2017, I guess.

[killerfrost]

Maybe your warning will happen, I feel the recent anomaly. So it's best not to keep it too much, give it something practical for us or you can sell it. You can use it to invest in any of the other Altcoins, give yourself new life and develop it just like you did with Bitcoin.

[coinSpecter32]

Maybe your warning will happen, I feel the recent anomaly. So it's best not to keep it too much, give it something practical for us or you can sell it. You can use it to invest in any of the other Altcoins, give yourself new life and develop it just like you did with Bitcoin.

Any other altcoins just rely on the price of bitcoin. I don't think it is still a good idea just run on other altcoins if your afraid you will lose in bitcoin.

[yonjitsu]

Either it will result to a huge or small dip of its price, i still choose to hodl my bitcoin for good and that'll be probably the best time for met to buy bitcoin more because i always believe that bitcoin will come back again.

[Winner]

Either it will result to a huge or small dip of its price, i still choose to hodl my bitcoin for good and that'll be probably the best time for met to buy bitcoin more because i always believe that bitcoin will come back again.

If you are trying to pay attention the the price of the coin then you will learn that the price usually goes up after the price dip. So this is discussion is meaning considering that people are using Bitcoin now.

[invester777]

First big crash will come when the supply of newbies dries up.
There are still thousands a day signing up and pumping money in right now with all the hype.

But first big crash could see the casual investors trying to withdraw in a panic, and failing.. if there is a run on the exchanges.

Ether could hold its value better when bitcoin falls.
There are hundreds of programs getting built on it for the contract ability, so maybe not quite so purely speculative.

[manismanja]

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

it is only natural if bitcoin price has increased very significantly there must be 2 kinds of issues, correction and the investors take profit that has been achieved and get ready to be lifted back bitcoin price.