✴️ BITCOIN $13,000!! CAN IT BE STOPPED? CORRECTION COMING?

stackin (78) in charlesfuchs • 7 years ago (edited)

"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett

What up STACKERS! How have you been?

I know for the last few weeks, I've been less active on Steemit and can you blame me? Have you seen what they Cryptocurrency markets been doing? 🤷🏼‍♂️

For over a month, I've been busy playing and investing in the Cryptocurrency markets and that alone can take all your time... so much money is being made by everyone! 🤑

As I write this, BITCOIN just hit over $13,000+ which is freaking crazy!

There are so many people so excited right now and currently throughout Social media, almost all my posts are filled with Bitcoin talk from everyone the last few months.

So where am I going with this? You see, there are so many people excited and talking about Bitcoin. It's awesome to see but I'm seeing a huge correction coming down the road.

In 2017, Bitcoin went from $800+ to $13,000+ in 11 months. I want to just want to warn my fellow friends to be very cautious in the next few months because there will be a huge correction coming soon. 📊

Don't get me wrong, I'm very bullish on Bitcoin and Cryptocurrencies in the next few years but I just know a healthy correction. 😀

So with that being said, it's time to celebrate the freedom what Bitcoin and Cryptocurrency have created for people throughout the years but for right now, it just been hyped to much.

Later on today, I have an awesome new ICO that I will introduce you guys to that I will be heavily investing in... So stay tuned later today. 🤑

Keep on STACKIN! 💞

P.S. For those who are interested in following my "Daily Activities" that I do in very "short form". Follow me here: @charles-fuchs.

charlesfuchs steemit life bitcoin cryptocurrency

7 years ago by stackin (78)

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joythewanderer (78) · 7 years ago

The growing looks too crazy now. Ever since the price was around 7000, they started to say correction is coming, Now is about time correction really should come.

stackin (78) · 7 years ago

Probably go to the moon lol

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joythewanderer (78) · 7 years ago

I thought it is already on the moon. I guess you're enjoying the ride.

thecryptotrader (63) · 7 years ago

On half december, this thing will be the biggest crash ever lol

lordoftruth (71) · 7 years ago

I agree fully with you..
Healthy correction will coming soon..

stackin (78) · 7 years ago

I had old college roommates from 20 years ago hitting me up about bitcoin through social media LOL

rabeel (71) · 7 years ago

That's nice job

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zen-analyst (37) · 7 years ago

Yes but still keep in mind the lightning fork this month. please read my article for dates.

today is INSANE! 2k+ growth!!!

Please read and support for my top cryptocurrency picks for December:
https://steemit.com/bitcoin/@zen-analyst/cryptozen-s-top-picks-for-december

About an old online wallet that gives you daily BTC and 15 other cryptos:
https://steemit.com/free/@zen-analyst/qoinpro-free-bitcoin-up-to-16-different-free-cryptocurrencies

Happy investing

CryptoZen

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adamantine (53) · 7 years ago

Gonna leave this here for you bro. We're just getting started.

BItcoin logarithmic regression.jpg

https://bitcointalk.org/index.php?topic=831547.msg17459785#msg17459785

stackin (78) · 7 years ago

GO all in then :)

adamantine (53) · 7 years ago

Pretty tempted to get more BTC actually, but I'll probably start stackin something cheaper!

We're about 4x overvalued now, could still go 2x from here.

stackin (78) · 7 years ago

You’re right 🙌🏼

postpromoter (63) · 7 years ago

You got a 10.94% upvote from @postpromoter courtesy of @stackin!

jlsplatts (68) · 7 years ago

I’m with you. A correction is coming. The Btc train has been running hard!! Time to pull her back a bit and refuel. 😉

stackin (78) · 7 years ago

It still can go up to 15-16k this month but no one ever sells at the top :)

jlsplatts (68) · 7 years ago (edited)

Crypto madness I tell ya. I wouldn’t be surprised to see it get there either. But that correction has got to be coming
But when???.....

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bobskibob (60) · 7 years ago

Every time I say that it just goes up

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davidfortin (25) · 7 years ago

but no one can affect this train and as we see it accelerates with great speed. And as analysts say in 2018, the rate will grow intensively

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bobskibob (60) · 7 years ago

This is nuts

stackin (78) · 7 years ago (edited)

It's gettin' Bananas hahaha

artedellavita (64) · 7 years ago

I’m back!!!! And celebrating this all time high💜

clixmoney (76) · 7 years ago

I don't think that the correction will be so huge, it will go maybe a little down till about $9000 for a week and go to almost $20,000 in the beginning of 2018.

2018 is the cryptocurrency year and I think that bitcoin will hit $100,000 , I am very positive about bitcoin because look at the market cap, it's really huge more than $200 billion, do you know what is it ? and in the end of 2018 it will be a TRILLION dollar, it's even hard to say that. ☺

tuhin201 (45) · 7 years ago

I'm absolutely agree with you. USD$20,000 is my personal target. maybe more... laughing all the way this coming Christmas... hohoho..!!
"..what a coin,... what a coin... yes sure its BTC...a bitcoin. Love it very much...!! "

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conradsuperb (67) · 7 years ago

Yes, I think the correction will be something like what you mentioned ... 9 maybe 10 k, then boom, off to the races we go

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ifiwerepresident (25) · 7 years ago

I like the Warren Buffett quote :)

Completely agree a correction is inevitable, the growth of BTC in 2017 is too enormous. As I had seen in one of your comments, the whales will know and will sell off to make their profit and that will start the panic. Million dollar question is what is the peak and what is the valley :) I tend to agree with some of the comments that we may see a peak at about 16-18k and then a fall to near 8k. Time will tell!!

I am interested to know if you think there will be any signs in how some of the other cryptocurrencys move that could indicate abnormality. For instance, the stabilization of Litecoin with even a slight decrease. ETH is sort of an outlier at this point thanks to cute fluffy cryptokitties :)

flipstar (71) · 7 years ago

but what if not....if this the time we go mainstream.

I have read today that more money is lost waiting for the correction as the correction itself.

With futures coming next week it will be interesting as banksters can short BTC now without actually owning them.

The war on crypto is really beginning I guess...

stackin (78) · 7 years ago

The whales know how to play the game... they sell soon enough, shake the markets out and buy them on the corrections while most people panic. but who knows what can happen lol

stokjockey (70) · 7 years ago

I don't worry about corrections I just look at them as another buying opportunity. @stackin

myeasin (57) · 7 years ago

bitcoin is now jumping @stackin

bbour (33) · 7 years ago

Why is a correction needed ? what if the grows only stops and its value becomes stable ? is that possible ? thank you :)

healthiswealth1 (34) · 7 years ago

I wanted to buy btc i feel like im missing out but would you suggest i wait for the price correction or ride this wave

jahangirwifii (66) · 7 years ago

Only in cryptocurrency will trolls try to convince you that only raising $1.5M is a failure. ITS ONE POINT FIVE MILLION DOLLARS.

tuhin201 (45) · 7 years ago

Bitcoin sure does is having one hell of a time for the big investor. DeepOnion a couple of months old project with a promising road map will give more returns for the investors as cryptocurency is the new craze and investor look for investment where the fundamental is excellent. @tuhin201

funny-videos (13) · 7 years ago (edited)

Thank you @stackin! What happens when we reach 21 million BC? There will be no more 'rewards' for the miners? When that occurs what then happens to the blockchain? Without the incentive to keep the chain going due to the 'rewards', wouldn't the chain just stop and the number of future transactions keep building up without anything happening?

dhouse (57) · 7 years ago

miners also get transaction fees

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cryptojpl94 (27) · 7 years ago

all the coins won't be mined for about 120 years. so we have some time to figure that out.

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nnajmull (56) · 7 years ago

thanks a lot my dear... i am alraedy working in bitcoin..especially thanks for dicuss about of bitcoin..😍😍😍😍

stackin (78) · 7 years ago

Why do people keep calling me "DEAR" LOL

nnajmull (56) · 7 years ago

any problems?? 😂😂😁😁😂

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fitzgibbon (61) · 7 years ago

99 problems but a 'dear' ain't one

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nnajmull (56) · 7 years ago

oh i see..

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fiftysixnorth (63) · 7 years ago

I recently read an article by Perry Marshall who compares crypto to the 90s dotcom bubble, saying that crypto is currently experiencing its own bubble. It won't take long before it bursts and comes crashing down, and then will recover and grow in a more healthy and sustained way. The bubble is full of early adopters who stand to make as well as loose a lot. But afterwards you will start to see mainstream adoption and usage instead of just speculative trading that we see now. interesting times ahead!

anotsopopularkid (52) · 7 years ago

It has come to a point where Bitcoin seemed to be a gamble. You are betting against time. Correction is bound to happen, but since we'll never predict when, we are put into uncertainty as whether to hold, sell or buy.

Market is very erratic, and hopefully, traders won't be hit too hard.

cyphico (41) · 7 years ago

Wow I wish I could have mined a few bitcoins back in the day when the price was low. And then open my wallet today.

otage (70) · 7 years ago

Yes best to be cautious now especially with options markets opening up.

rubenalexander (69) · 7 years ago

I would repeat Charlie Lee’s advice and say lock in some gains.

https://twitter.com/SatoshiLite/status/935681500908945409

nomita (4) · 7 years ago

I agree fully with you......
Healthy correction will coming soon......
best of lake......

davidfortin (25) · 7 years ago (edited)

how do you think how much btc will fall?

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junubia (43) · 7 years ago

when the price was $10000 I sell all my bitcoin and is time now to ask myself why I do this

sato-shi (25) · 7 years ago

i believe u have taken a good decision.
Look at how slow is each transaction in bitcoin taken now to be processed.
if u compare this to bitcoin cash, ethereum or xmr, it is much slower and with higher transaction fees.
People, companies and banks are adopting it as a FOMO, fear of missing out. Most of the advertisements u see are about bitcoin and how it is growing. Sooner or later it will crash and other, better currencies, will take over. I will never invest from now in BTC.
U made some profit from selling at $10,000, invest them in other currencies or growing companies, u'll make a huge profit in the future.

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sheikh27 (61) · 7 years ago

that is insane about bitcoin beyound your thinking.

mickyscofield (54) · 7 years ago

Thanks @stackin for this awesome crypto report.
Bitcoin is smoking hot alongside some other cryptocurrencies....
Amidst the excitement that comes with the recent growth in bitcoin price, one needs to be extra careful when investing.
Hit me with promising ICOs

josediccus (75) · 7 years ago

Its such a stupenduos rise, it leapt in a speed that no one could ever have predicted even as way back as January 2017

julstamban (72) · 7 years ago

hi @stackin I'll wait for that new ico youll be investing :)

team101 (61) · 7 years ago

Great reminder not to be greedy! Thanks

gniksivart (67) · 7 years ago

I have been thinking a lot about this quote lately

Be fearful when others are greedy and be greedy when others are fearful.

blazing (70) · 7 years ago

freaking crazy just keep stackin !!!

dang007 (61) · 7 years ago

there u go again.

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david777111 (61) · 7 years ago

Yes, Bitcoin will go to $50,000 eventually, but I agree a correction is coming.

dreamrafa (66) · 7 years ago

There must be a correction, but i think we wont see that anytime soon... Also this correction wont take us under 10K, or even 20K... I think BTC could rise to 30k or 40k and then have a huge pull back to 25K or so...

taskmaster4450 (78) · 7 years ago

All markets correct...none head straight up.

BTC is good for a 20% pullback in an afternoon so prolonged could eliminate 50%-60%.

That said, I actually see a further run up before the pop you are mentioning. We might see some resistance at 13,500 or 14,000...but I foresee 17K before anything meaningful happens.

quike (36) · 7 years ago

The BitCoin has been going up very strong and fast they say that by 2020 it will be at 1 million dollars but I think it is somewhat exaggerated but it can be real if every day it increases in this way ^^

howtostartablog (65) · 7 years ago

You know it's getting dangerous when random aunties start buying them..

automaton (56) · 7 years ago

By that time 1 Satoshi will be at par with 1 dollar...

richreck (46) · 7 years ago

Insanity!

dennisbaxter (35) · 7 years ago

Bitcoin & Blockchain Can Never Be Stopped Unless the entire Internet is Completely Shut off... Which will Most Likely Never Happen... haha Gotta Love It!!

angelgarz (61) · 7 years ago

I'm agree a correction is coming and I was even surprised that it has not happened yet, but seeing the market now I think we're not even close to being done!

I think it will come close to around $20,000 before a big correction happens.

I'm with you, this will be something healthy but we have to be very cautious so that greed does not pass us bill. Cheers man! keep on stackin

denisechips (55) · 7 years ago

Wow! Wow! Wow! Exhilarating!

diegotavera (25) · 7 years ago

I also agree , it is freaky, 13.000 is too much

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yirii (25) · 7 years ago

Bitcoin should have been corrected at 8000$, but it grew further. The next dip/correction will have a HUGE impact

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rksumanthraju (55) · 7 years ago

With bitcoin futures and too many people flocking on to bitcoin, correction has to wait and not atleast until the crowd slows down a bit to find out the value !!!

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arshadsayed (17) · 7 years ago

You are always share nice wonderful posts , I like what are sharing that's why i'm folloing you.

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bide18843 (25) · 7 years ago

Buy Litecoin NOOOOOW, it has got to follow soon surely..

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erhanator (25) · 7 years ago

You Are right the healthy correction will come and that will be a great point to jump on the train again!

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sato-shi (25) · 7 years ago

It will only be stopped when people wake on the truth of how slow and expensive its transactions are.

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cydel (32) · 7 years ago

Do you know how to mine in electroneum?

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juultje-h (25) · 7 years ago

Bitcoin has grown by 15% in one day (!!!!), this is madness. I wonder when this is going to stop, since I invested, I allow the Bitcoin to grow a bit more :P.

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rabeel (71) · 7 years ago

BITCOIN is "Hot Cake" now... Cheeers.

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mrtony (25) · 7 years ago (edited)

I read all the comments full of excitement about bitcoin prices everywhere. Think bigger, how easily we are breaching all the psychological levels, a month ago 10k was even doubtful to reach earlier than 2nd half of December.
Yes, we have really good news but they all seem to get announced just at the right time. I think, some big guys are going to play a couple of great jokes as soon as futures are available. They definitely need to get good returns on their investments, just take a look on when the bitcoin cap began to grow unnaturally fast.
Plus, I don`t think there will be a "healthy" correction. Anyway, whatever is going to happen, it worth buying some popcorn=)

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dabbe (25) · 7 years ago

dahada artacagını bekliyorum.

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dhouse (57) · 7 years ago

welp, hoping BTC goes to a million so I can quite my job. The dream is still alive...

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