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Author Topic: Cryptocurrency market to suffer from strong correction  (Read 1846 times)
VitKoyn
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May 06, 2018, 08:02:46 AM
 #21

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
Nothing new here. We have seen a lot of people or analysts said that Bitcoin and cryptocurrency market will crash and lose most of its value but it never happened, 90% drop in price is very unlikely unless there will be a huge bad scenario that will happen related to cryptocurrencies or if people will lose their interest to invest, I wonder what analysis this man did to get into this conclusion lol. This is just another FUD to manipulate the market or to make the price more cheaper, because they are seeing that the market are now starting to recover from last few month correction. Expect to see more of this kind of prediction as the market goes for a bull run.
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May 06, 2018, 11:21:47 AM
 #22

Today and this month have those people change their prediction about cryptocurrency? As they can see some positive growth of them, people suffer not the altcoin themselves since we are the one who were affected by their sudden drop price.
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May 06, 2018, 07:07:31 PM
 #23

Today and this month have those people change their prediction about cryptocurrency? As they can see some positive growth of them, people suffer not the altcoin themselves since we are the one who were affected by their sudden drop price.

Yes crypto currencies had a better value and better stability in this month so this is the better chance to make some investment and it will be very good value in future.

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May 06, 2018, 07:45:42 PM
 #24

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
Nothing new here. We have seen a lot of people or analysts said that Bitcoin and cryptocurrency market will crash and lose most of its value but it never happened, 90% drop in price is very unlikely unless there will be a huge bad scenario that will happen related to cryptocurrencies or if people will lose their interest to invest, I wonder what analysis this man did to get into this conclusion lol. This is just another FUD to manipulate the market or to make the price more cheaper, because they are seeing that the market are now starting to recover from last few month correction. Expect to see more of this kind of prediction as the market goes for a bull run.
There are and there will be lot of rumors in the world regarding that of the crypto currencies and that you will come across so many people will ask you not to invest your money into the crypto currencies as this has no bright future and many more things. However, if you want to be some positive change in your life, then you need to trust the crypto currencies as this will surely change your life.

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May 06, 2018, 07:58:12 PM
 #25

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
Nothing new here. We have seen a lot of people or analysts said that Bitcoin and cryptocurrency market will crash and lose most of its value but it never happened, 90% drop in price is very unlikely unless there will be a huge bad scenario that will happen related to cryptocurrencies or if people will lose their interest to invest, I wonder what analysis this man did to get into this conclusion lol. This is just another FUD to manipulate the market or to make the price more cheaper, because they are seeing that the market are now starting to recover from last few month correction. Expect to see more of this kind of prediction as the market goes for a bull run.
There are and there will be lot of rumors in the world regarding that of the crypto currencies and that you will come across so many people will ask you not to invest your money into the crypto currencies as this has no bright future and many more things. However, if you want to be some positive change in your life, then you need to trust the crypto currencies as this will surely change your life.

Happy to see the person who really understand the crypto currency and fake news has been spreaded everywhere chap. Whatever news comes in the news and then even on this forum about the bitcoin's future value.
That makes many people to think that no profit and then everyone believe the news is true.
Then they are selling their coins mate. First newbies all should learn many things in this forum itself about the btc price evaluation.

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May 07, 2018, 10:47:29 AM
 #26

I think have seen something similar to that before 🤔 and that was in 2017, so why are they repeating it now? Or is this just a FUD? Are they just reposting something that has happened just a long time ago to make the price of Bitcoin and other cryptocurrencies fall again? Well there is no problem, I’m ready for it. If price starts to go down like they said, I will withdraw my money and wait till everything gets better. But that won’t happen, I believe.

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May 07, 2018, 12:10:46 PM
 #27

no matter the bitcoin will fall in value by up to 90% in the next 12 months, this kind of news is no stranger to hear, it's done so everyone feels panic. if we are true crypto lovers, we must ignore such news. Bitcoin will continue to grow even though there is always a correction in market prices.

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May 07, 2018, 12:16:51 PM
 #28

It remains only to wait. Do not panic)
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May 07, 2018, 04:30:22 PM
 #29

no matter the bitcoin will fall in value by up to 90% in the next 12 months, this kind of news is no stranger to hear, it's done so everyone feels panic. if we are true crypto lovers, we must ignore such news. Bitcoin will continue to grow even though there is always a correction in market prices.
But this statement is just pure FUD have no analysis why he saying like thse so it never to be consider as for discussion.Only the newbie investors are targeted by them and make fall for them so people need to research about the news before trusting anything.

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May 07, 2018, 04:59:56 PM
 #30

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
Another FUD. Who really cares anyway since the whole cryptocurrency market is not subjected to US alone and I wonder why that should be a cause for concern as to the main reason why that would be a huge collapse for the cryptocurrency market.

It is just absurd to think that everything will turn upside down over night. Moreover, what is there to gain except raising FUDs on how the market is going to be collapsing by 90% which is not like we have not heard it before and not like you can predict the future.
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May 07, 2018, 05:09:26 PM
 #31


That's not a FUD to consider so don't bother. That's their speculation so be it.

Every FUD must came from well known individuals and most of it are just one click away at Google search once you hit the term "bitcoin". The involved people on what OP share only speculate what will happened but not giving an opinion about bitcoin on the finish line unlike those FUD scenario below:

https://www.cnbc.com/2018/05/07/bill-gates-i-would-short-bitcoin-if-i-could.html

https://www.cnbc.com/2018/05/07/warren-buffett-loves-stocks-and-hates-bitcoin.html

https://www.ccn.com/bitcoin-nearly-as-bad-as-trading-harvested-baby-brains-berkshire-vc-munger/


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May 07, 2018, 08:08:35 PM
 #32

I do not believe there is a deep correction within the 12 months. The deep that cryptocurrency went through just recently that lasted about 4 months has taken its bit on the market and for me, I'm not expecting any for now till like 5 years if it can come that close.
Deep correction or not, the market will do its thing, but someone trying to come up with a collapse theory or a doomsday theory when of course no one knows the future is the most appalling thing to ever do and just a way to generate cheap FUD. The essence is just to get some weak hands out of the market and rather than the community growing strong, some will just keep falling for this over and over and over again which would make the whales and the banks win at the least.
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May 08, 2018, 10:16:48 AM
 #33

Even you post a lot of negative about crypto still this are run by users,traders and investors so your post only is like FUD OP because like me user of digital currency if i see your post this is like a nonsense post and i will think what is worth of bitcoin only then continue what is my business here and actually this is worldwide so even some country not acknowledge what is digital currency or they banned bitcoin still there are some country that will continue this another thing if this will gone or this is not worth it anymore then i stop that's all
There are so many important factors which then result in the downfall in the market value of the crypto coins and that because of which, the ones who have invested their money into any of the crypto coin suffer. However, the only key to success while being there in this market is none other than that of staying cool and calm and that to hold your nerves all the time so that you may not end up making any wrong decision.
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May 08, 2018, 11:01:57 PM
 #34

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
Nothing new here. We have seen a lot of people or analysts said that Bitcoin and cryptocurrency market will crash and lose most of its value but it never happened, 90% drop in price is very unlikely unless there will be a huge bad scenario that will happen related to cryptocurrencies or if people will lose their interest to invest, I wonder what analysis this man did to get into this conclusion lol. This is just another FUD to manipulate the market or to make the price more cheaper, because they are seeing that the market are now starting to recover from last few month correction. Expect to see more of this kind of prediction as the market goes for a bull run.
I agree that this seems to be another attempt to try to manipulate the market, it seems to me that those that want to see the price of bitcoin crashing are confused by the fact that it is no longer going down, yes they made the price of bitcoin a lot lower but it is nowhere close to where it began in the previous year, it seems they do not like the current support level of bitcoin and they're trying to manipulate people to keep selling but it seems that strategy is failing.

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May 08, 2018, 11:14:06 PM
 #35

Hey guys, I do not want to spread any FUD here. I am just do some TA on BTC and cross check information related to news. We had in strong correction of BTC since January when the market was on the hedge. When we were on the hedge the institutional were going out and cash out their money.Since then the market cap of the market decreased and went sideway until now. Following the news the institution are trying to get back on BTC and create at the moment FUD. When we see the resistance around 10-11k  we can see something is going on... What we all suggest they will get back in the market but not at this price. The target is around 5K  ... OK you will all say the resistance still there, but I am convince the market will shrink again and fully get back on bull market for September...we will see

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May 09, 2018, 04:06:14 AM
 #36

Even you post a lot of negative about crypto still this are run by users,traders and investors so your post only is like FUD OP because like me user of digital currency if i see your post this is like a nonsense post and i will think what is worth of bitcoin only then continue what is my business here and actually this is worldwide so even some country not acknowledge what is digital currency or they banned bitcoin still there are some country that will continue this another thing if this will gone or this is not worth it anymore then i stop that's all
There are so many important factors which then result in the downfall in the market value of the crypto coins and that because of which, the ones who have invested their money into any of the crypto coin suffer. However, the only key to success while being there in this market is none other than that of staying cool and calm and that to hold your nerves all the time so that you may not end up making any wrong decision.
But i currently do not think that we can expect any other correction, because the price as just started increasing after a long long time. i think that bitcoin price will continue increasing for some time and may be when we reach to the previous high price of bitcoin at that stage we can then expect a little correction, but still it will not continue increasing for a long time.
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May 09, 2018, 01:05:00 PM
 #37

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 think actually we need a troll buster we need here in this forum. I do not know whether you have brain or not. Simply wasting time reading the fake news over the news site and elsewhere.
If you believe these kind of news you are fit to make the profit with the bitcoin mate.
Have you seen the news from the Reddit acceptance of bitcoin. If you look at that you will not give damn to this news.
There are even some news to be avoided at distance, lol. I did not bother reading anyway since it is not even from a site I consider as something that would be worth reading from and most times, anything that has to do with FUD these days just suck and they are all reiterating the same bullshit over and over again. I guess it is something we will just have to live and cope with when there is much better news to read and focus on the future.

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May 09, 2018, 03:50:18 PM
 #38

Currently, the cryptocurrency market is in a difficult period when most of the coin falls sharply, although I still believe that this difficult period will soon be over because I believe in the potential of the market. this in the future. Determine long-term investment with this market so you do not have to worry too much when the market fluctuates.

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May 09, 2018, 05:45:19 PM
 #39

Currently, the cryptocurrency market is in a difficult period when most of the coin falls sharply, although I still believe that this difficult period will soon be over because I believe in the potential of the market. this in the future. Determine long-term investment with this market so you do not have to worry too much when the market fluctuates.


Why you are saying it is difficult mate. I see decent growth when we comparing last month to this month. Really worst to see the answer without analyzing the data properly.
Please try to check the CMC always mate. There you could neat chart whether the value bumped or not.
If you think still market fluctuates and being not stable. First understand crypto currencies are volatile in nature itself.


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May 09, 2018, 07:10:39 PM
 #40

This is just a FUD alert.

This is nothing new and has hidden agenda like those news last year same as Jamie Dimon's claim of bitcoin being a fraud.

It's obvious that banks are suffering with crypto's now so they are trying to pull it down by making these misleading articles.
The banks are sure suffering it and they are scared at the way things are turning out rapidly which is the main reason why they are still trying to make every attempt to have a better position in this market so as to be in control. Those who want to give in are free to do so, while those who are smart will always know what to do at every moment in time. They always come back apologizing anyway on all the trash they have ended up saying which at this stage, no one really cares anymore.

I am sure that cryptocurrency market has already suffered enough for the level which may trigger another rally. Because no market will keep falling all the times and no market will keep rising all the time. Hence we never need to worry on any correction at this stage. Trend already got reversed. Now we are in rising phase.

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