Quote from: Freegan on January 06, 2018, 01:42:52 AM

Quote from: nipunchathu123 on December 30, 2017, 04:10:30 AM

In 2017 september btc price under 3000$.However it jumped to 18000$ in the begining of this month and now it around 13000$.Will it jump back to 18000$ or more in 2018 january

Well, anyone who has some experience in this volatile market knows that this type of scenario is usual and throughout the years the cryptocurrencies will continue to move through these huge pumps and dumps. Only in 2017 bitcoin suffered more than six corrections of more than 20%, even a couple of them were greater than 40%, and I have no doubt that those scenarios will continue to be observed throughout this 2018.

As the market capitalization increases, the corrections will get more and more milder in nature. Right now we have somewhere between 50 million and 100 million users, which reduces the risk of mass selloffs. It is no longer possible to manipulate the market by spending $10 million or $20 million. Also, none of the crypto-exchanges are having a market share of more than 20%.