@TrueCryptonaire. How can you say that if growth starts to accelerate, the risk of a correction will be imminent? That is counterintuitive. Should it not be the opposite? If the growth is growing, the risk of a correction will become smaller and smaller.
I also want to ask how is the growth of Monero use in the darknet market place? Are more vendors using it?
He's referring to technical trading. These coins always pump and dump. pop and drop. You need to create a bubble price if you are going to burst it. And yes, there will be a continual cycle of price acceleration creating bubbles and then a correction when dumping. This typically happens when shorts are forced to buy back at market prices or when big news hits and organic buys eat the sell book. Then profit taking comes into play and market dynamics kick in to get back to a more normal equilibrium, not one just predicated on some short term technical event.