2018 the year of correction?

[Semosuchi Tesongrato]

Opinions are like assholes, everyone has one.
So I do not like too much to give an opinion that however is purely arbitrary.
Let's say that the last period of relative stability could mean that finally the bitcoin has reached an acceptable balance.
Or, that is ready to disappear completely. Who knows?

[paulspider]

The year 2018 is seen by most investors as the year of correction and there was a lot of expectation from the year to me but the year does not seem to go well pertaining to that for me. There is more expectation from how the market is trending.

[creeps]

Perhaps you are right, and this long-term correction can really benefit cryptocurrency and slightly change the market of ICO projects, because at the end of 2017 cryptocurrency gained great popularity and many people came here for the sake of earning money through speculation. I am confident that the cryptocurrency industry will become even stronger.

This is really a healthy correction, cleaning all those hype last year and now we will witnessed the real value of cryptocurrency. The next bull run for cryptocurrency will become more stronger and more objective, the goal is to exist in this market for good and not just to give higher return to the investors, I mean we are here to enjoy the blockchain technology, investment is just a bonus for us.

This may take a long correction but later on we will break the resistance and everyone will come in this market again to invest with great coins and use this technology for their own benefit. This market will become more convenient to use around the world.

[OnceTwiceThird]

At 2018 is the year where bitcoin and altcoin price always got correction, many time bitcoin and altcoin have get lower price and hard for recovery to higher price again, we have waiting maybe next year bitcoin could raised to higher price.

[ethereumhunter]

At 2018 is the year where bitcoin and altcoin price always got correction, many time bitcoin and altcoin have get lower price and hard for recovery to higher price again, we have waiting maybe next year bitcoin could raised to higher price.

Yes, this year, we see that bitcoin and altcoin are up and down many times and we still cannot predict when the price will up or down. We can only follow the price, and if we can make the profit, then we will try it. But I am sure that the cryptocurrency will be back to the higher price in the next years because this is what happening so far and we can wait for this and buy as many potential coins as we can so we can back to make the big profit. We need to be patient and don't make something that can against the market, but we only need to enjoy the market until it increases back later.

[patarfweefwee]

I've read in this forum that it won't be just 2018 that is a correction year. The threas said that it may look like that 2019 will also see a "correction year" and wee will finally see a bull run by 2020. I hope they're overestimating the market and it would come soon but then again I'll just buy coins in the meantime.

[turkandjaydee]

I've read in this forum that it won't be just 2018 that is a correction year. The threas said that it may look like that 2019 will also see a "correction year" and wee will finally see a bull run by 2020. I hope they're overestimating the market and it would come soon but then again I'll just buy coins in the meantime.

Where did you read that information? Any link?
Actually it makes sense because after the big fall, people are hesitant to invest in cryptocurrency again. And now crypto is in gray area where there is no clear sign if it will be bullish or bearish.

[d1ceplayer]

For both Bitcoin and markets, people have been saying this for years. So many people used to tell me that the stock market has historically crashed every 8 years, and yet it hasn't always held up.

People like to predict, but TBH no one knows 100%.

Well right now you can’t say bull market is happening as prices are quite normal to past days. There is no such enormous change or improvement that can be seen. But yes, as we will be in November now, we are quite hopeful that bull run starts. Traders and investors are quite long waiting for this time. The whole year has been spent in downfall so needs some pickups.

[Initscri]

For both Bitcoin and markets, people have been saying this for years. So many people used to tell me that the stock market has historically crashed every 8 years, and yet it hasn't always held up.

People like to predict, but TBH no one knows 100%.

Well right now you can’t say bull market is happening as prices are quite normal to past days. There is no such enormous change or improvement that can be seen. But yes, as we will be in November now, we are quite hopeful that bull run starts. Traders and investors are quite long waiting for this time. The whole year has been spent in downfall so needs some pickups.

Yea, I wouldn't say it's a bull market either. Although, to be fair (even though most people benefit from volatility), I think a time period where Bitcoin isn't suffering from massive volatility is probably a good thing in the long run.

[Sengoko]

Last year was really a memorable year for electronic money investors. After the start of the year with a total market cap of just $ 17.7 billion, total capitalization has soared to $ 613 billion by the end of the year. As a percentage, the market has grown by 3,300% in just one year, which is probably the only year in which the highest percentage increases for any asset in history.

Highly agreed with this statement. Really, all those who came to know about bitcoin in 2017 or later, they are most lucky people. They found bitcoin in low price but developed one. They better known bitcoin wouldn’t die in coming years or they aren’t sensitive about its bubble nature. The buying price is quite higher than those of 2012 or around but development is biggest confidence.

[GreatGEEK]

There were many bullish predictions for the fall, but they didn’t come true, and currently, we observe a standstill of the market. The correction of prices has already passed. Recently, the prices don’t fall below a certain point and cryptos show low volatility. The crypto market is now passing a bearish phase. There are still positive predictions for a bullish run for the end of 2018, but nobody can know it for sure. I think the next two months will be exciting.

[haidil]

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

How do you know that in 2017 is a correction? no one knows what the value of bitcoin will be as it can go up or even go down

[fullhdpixel]

If this year is allocated for bitcoin and crypto corrections, then so be it. I know the advantage of correction brings to cryptocurrencies. If that is so, i expect an inflation of crypto prices in the coming months.

This is just a short term thing as we are not even close at all to mainstream adoption, which I solely believe will bring a huge increase in value in the long run. One thing a lot of people find pretty hard to wrap their heads around is that corrections are normal for long term and sustainable growth.

If the market just keeps moving up without some slight corrections or big corrections we are seeing now, it will never turn out well as this is when we will get to eventually see a huge crash, but for a steady gradual growth, over time, it is always sustainable and that is where I believe we are headed.

[satriagedhe]

yea i think so , especially for bitcoin price , the price rightnow have stable fluctuation on the price and get price on range 6300-6600$

[$anounimus$]

maybe this year is a year of correction from the results of the increase in bitcoin prices in 2017 which experienced a very sharp surge so that in 2018 the price of bitcoin experienced a very extraordinary correction and made its prices to be very cheap as it is today.

[South Park]

Perhaps you are right, and this long-term correction can really benefit cryptocurrency and slightly change the market of ICO projects, because at the end of 2017 cryptocurrency gained great popularity and many people came here for the sake of earning money through speculation. I am confident that the cryptocurrency industry will become even stronger.

This is really a healthy correction, cleaning all those hype last year and now we will witnessed the real value of cryptocurrency. The next bull run for cryptocurrency will become more stronger and more objective, the goal is to exist in this market for good and not just to give higher return to the investors, I mean we are here to enjoy the blockchain technology, investment is just a bonus for us.

This may take a long correction but later on we will break the resistance and everyone will come in this market again to invest with great coins and use this technology for their own benefit. This market will become more convenient to use around the world.

Correct, the price of 20,000 for each bitcoin was not real, and this was proven by the fact that it only last for a few days, the current price that we are seeing is the real price of bitcoin, and even if many people are disappointed by it I see this as very good news because the price is many times higher that in the past this means that when the next bubble hits this market the real price of bitcoin is going to be revealed to be above five figures.

[musharaf]

I am agree with those who are saying that this year have corrected the actual value of bitcoin and all the other crypto coins but in broad sense we will say that for this whole year bitcoin is used in every time no one have against of it and bitcoin in this year more stable than last year speculation affects the investors very worry about crypto because the market was un predictable and it is dangerous in ling term.

[tbterryboy]

The year 2018 is seen by most investors as the year of correction and there was a lot of expectation from the year to me but the year does not seem to go well pertaining to that for me. There is more expectation from how the market is trending.

I do not hesitate to agree with you but this year of correction does not mean that the next year would be ought-rightly a year of high prices or profits. This is rather a down year and the economic activities along most part of the year have been low as well. Though it is normally expected of Bitcoin to give back instant profit but this time it might take time to revive again and only after the revival, we can have a market that will replicate the invested amount.

[Bitcotalk]

I actually haven't been able to place the real cause of the sustained dip of this year 2018. I have heard several speculations and all have not actually aimed right. If you now say it is a price correction, I wouldn't fully agree as a lot of the token prices have been devalued really below their real prices.

It has been a crazy year and it is only november now, I can't think of what the 2019 year will bring us. The correction was definitely something we deserved, the price was just around 900 dollars and less a year before the skyrocket, nothing should go up from 900 dollars to 20 thousand dollars in a year it went up almost 23 times in price which is definitely not sustainable unless you keep pouring money into it at billions rate.

Of course it got corrected back into what it deserves to be and there was a lot of new people coming in during those times, some of them got in and just ran away when it dropped but some others stayed and amongst us right now which made the user base a bit bigger.

Thanks to those people and the rising transaction numbers causing miners to work overtime right now we have a bitcoin that worths over 6 thousand dollars, it is still a big increase from the 900 dollars two years ago but nothing insane like 20 thousand dollars.

[andriw]

Bitcoin is looking for a new position of support or even in the position of new support, because its value over the past few months only occupies around 6000 - 6500 USD, and maybe later this year will be ready to take off to the moon