Quote from: nexus2k14 on December 05, 2017, 10:45:15 AM

Quote from: Cholo003 on December 05, 2017, 02:59:23 AM

With the current continuing rise of Bitcoin price, we expect a correction coming soon. Do you it can reach around 50%? Give us your thought and own prediction.

No, if Bitcoin correction will take place it will be much smaller than 50%. If we take John McAfee price predictions into account (he was right about 2017 BTC price) then by 2020 half million dollar price will be impossible to achieve with 50% corrections all time. BTW John McAfee a few days ago changed his statement about Bitcoin price prediction in the 2020 year and now he says it will be 1 million dollars for 1 BTC.

This person very strongly believes that bitcoin will become too expensive. I believe too. And it seems to me that correction can now occur by 20 percent. Bitcoin is now very strong and everyone supports this coin