Quote from: CryptoBry on August 24, 2017, 05:17:52 AM

Quote from: gustav on August 24, 2017, 04:27:33 AM

It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?

Well, this is just a natural cycle for Bitcoin. In fact, a lot of people are actually wishing that Bitcoin can dip a little so they can get in cheaper. Price corrections are a way for Bitcoin to avoid a big bubble which is not healthy at all. The market can always find anything that can be the reason why the value can go down but we have seen Bitcoin getting resilient all the time. Just hold on to your Bitcoin and you would be fine as the train is moving up.

Yup, correction had happened when it went down to $3600 but now it has rebounded to $4100 so I think the Segwit activation is already price in. But let see, if the steam will continue to the next stop of $4500. I also surmise that there are still new faces who want to enter whether if there is a dip or not. So likely that the price could go along the line of $4500-$5000.

I'm going to hold on I much as I can. I don't want to sell and regret it later when I see the price goes up. But sometimes its really hard when you see that your initial investment has already tripled or quadrupled.