2018 the year of correction?

[turkandjaydee]

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  

Crypto market has started to gain some momentum, I dont know if it will be a bullmarket or only a bulltrap but i see there is a big increase in volume by korean people.

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.

Yes I really agree with you, i also think that 20 thousand dollars is really overpriced because bitcoin isnt really being mass adopted yet (also the altcoins of course). So all of the price before was just a speculative price and speculative price isnt a strong price.

[asayoyaasa]

Ya I just looking to the chart, trend stay the same as before. I mean its wouldn't be change to bearish for a long time, its just correction and will take decision after the wall break out.

[hashshashin]

Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.

[PurpleTulle]

2018 was also a year of legit projects.  In 2017, anyone with a half-good idea could decide to do an ICO and did.  There's a drastic drop this year from what it was last year and the only projects still standing are those with good development team and plan, and an application that solves problems. There a few out there with HiNounou, Tapcoin and Mfchain holding my attention right now.

[South Park]

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.

The good thing about all of this is that while we suffered a crash, and it was a very painful experience for anyone holding bitcoin at the time, the price did not crash and reach the original price where we started, it was a price that was many times higher than its previous price and this is a very good sign for the future of bitcoin because that means that the demand is many times higher than before.

[serjent05]

I wish bitcoin will be as steady as it was this year. There will be no need for a roller coaster emotions for holders. If the price remain like this and gradually increase each year then investors already know what to expect but I dont think bitcoin will be as popular and in demand as it is today if the graph is straight all the time. 

[cryptodv]

A lot of noobs were rekt. I don't see them coming back in unless they're greedy or trying to break even. People took out second mortgages and other reckless things. It was crazy. I like the way crypto is now, a little stable. Organic growth. That moon talk only brings out more scam talk for the masses to not invest. It's time to take crypto serious now, it can really make a change in the world.

[Quidat]

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 

Despite of all of this good news coming it seems that bitcoin doesn't really care at all, i wonder what will make bitcoin to move on such different position rather than staying on the same spot. Well, as a trader we do still manage to get some profit out of it even though it doesn't give that much but it's fine as long as you gain some.

How long should we wait for this bearish market to change and climb up to the moon? It's almost a year since it took off it's last ATH.

[Aldrinx00]

Yes it's a correction of the peak price of bitcoin in 2017 which is at least $20k per btc, they always say it's a bear market but i think it's a long time correction so that people can accumulate and get ready for a big profit in the upcoming years.

[logisticalmother]

Yes it's a correction of the peak price of bitcoin in 2017 which is at least $20k per btc, they always say it's a bear market but i think it's a long time correction so that people can accumulate and get ready for a big profit in the upcoming years.

if indeed 2018 is a year of correction, I still hope this year the price of bitcoin will remain higher than last year, I have a lot of hope because the unexpected decline in assets cannot return to the previous best price and mostly in the form of altcoins. I don't even think that at the end of 2017, bitcoin can rise to prices that have never been thought of.

[Hariyati Amin]

If this is the year of correction for Cypto, how long will it take? The fall of prices is a good time to buy and save for a long time. Hopefully 2019 prices can be more promising.

[South Park]

If this is the year of correction for Cypto, how long will it take? The fall of prices is a good time to buy and save for a long time. Hopefully 2019 prices can be more promising.

It is my opinion that the next year is not going to be that much better, and while some people could get disappointed if that were to happen to me that is a golden opportunity, many people wasted the opportunity to get bitcoin for less than 1000, now you have the opportunity to buy bitcoin for less than 7000 and that opportunity is not going to be here forever so take advantage of it.

[Agapelove]

If this is the year of correction for Cypto, how long will it take? The fall of prices is a good time to buy and save for a long time. Hopefully 2019 prices can be more promising.

It is my opinion that the next year is not going to be that much better, and while some people could get disappointed if that were to happen to me that is a golden opportunity, many people wasted the opportunity to get bitcoin for less than 1000, now you have the opportunity to buy bitcoin for less than 7000 and that opportunity is not going to be here forever so take advantage of it.

So, you're saying that cryptocurrency will rise but most likely.not next year. And you're encouraging investors to buy their coins now while they are at low prices. What if, the cryptocurrency is stabilizing at these low prices, is it still advisable to buy bitcoin? Considering it is already very high.

The all time high last year was a bubble created by manipulators. Until now these manipulators are still on the move to create bear markets so that they can still lower the prices.

[AlehandroTheGreat]

As Bitcoin is repeating all the same time (every 2 years) absolutely the same thing, so I think the main correction (the end of bear run) will be near the end of 2019, not in 18, so its time to move to cash and better sit and watch now 

[marcelocoin]

I do not believe in correction in 2018, but 2019 or 2020, I expect a high scratch anything so strong, look forward to the new wave!

[leavolnhals]

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.

I agree with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment.

[iged_war]

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.

I agree with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment.

it will be better if all cryptocurrency price have natural growth.pump and dump just make investor affraid with their investment value.no stability and just speculation game.

[really01]

I also agree that last year was a bad year for the market. It is also a year to help the market adjust and help investors better understand the market. This makes the market more mature.

[lelylely]

2018 is a year of correction and makes crypto fall very low, and it is not surprising that many are frustrated this year. Optimistic, the cryptocurrency still has hope to grow and there are still benefits that will be gained in the future.

[B.]

2018 is a year of correction and makes crypto fall very low, and it is not surprising that many are frustrated this year. Optimistic, the cryptocurrency still has hope to grow and there are still benefits that will be gained in the future.

There are too many new things in 2018 so this year the focus is only on quantity, actually if this happens, the correction doesn't have to go too long, but because many people have panicked then it destroys speculation that can actually rise. starting from March - then hope speculation appears in July, and the last is September. finally it means nothing and December is deadlocked. This year is indeed a year of correction.