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Author Topic: Cryptocurrency market to suffer from strong correction  (Read 2106 times)
DaughterOFbitcoin
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October 18, 2018, 12:31:52 PM
 #241

Personally I am a strong believer of investing in cryptocurrencies. The benefits of blockchain technology underpinning the use of cryptocurrencies underlie the intrinsic value of cryptocurrencies. So long it's widely accepted as a medium of exchange the value will never be zero. An article explaining key reasons to invest in cryptocurrencies: https://worldbizweek.com/invest-cryptocurrency-bitcoin/
You should be strong believer like me and other people because we know that cryptocurrency is the future currency and all other coins will be replaced. This is from one aspect start of cryptocurrency because many people still do not know the name of bitcoin and cryptocurrency and they are not interested to put their money in bitcoin. Gradually bitcoin will take over the market.
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October 22, 2018, 10:41:09 AM
 #242

Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
I don’t usually take what analysts have to say sometimes, but whatever… I think they are aright, maybe due to the ETF, so the price will remain low for now. But next year will be different from what I see. The price of Bitcoin and altcoins will get up cause whales will start investing again once after the ETF. They keeping cool now cause they plan to invest at low price rate.
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