Quote from: iamTom123 on January 23, 2018, 05:50:01 AM

Quote from: chanpinchen on January 23, 2018, 04:44:15 AM

Would there be a big correction happening in the near future, to shake out those weak coins Huh

Market correction can happen anytime and this is one way that we can avoid the so-called BIG BUBBLE from happening or the collapse of the whole cryptocurrency market. Correction can be painful though specially for people who are hodling on to their coins or tokens but it is just a matter of waiting eventually things can get better...assuming that we are not really dealing with shitcoins in the first place. A project with a good concept that is really providing solutions to some real world problems and manned by people who know what they are doing will always go up sometimes it is just a matter of time. Yes, this is partly done by the market to wipe out those shitcoins that are offering no real value to the market and are just here to make some money via pump-and-dump technique.

Very informative statement as what you have posted, correction in blockchain is any time just to avoid as what we called bubbled coins.
That is one factor that coins and tokens are in dipping in consmarketcap that's why they are having some correction that it will affect on us as a holder because of dipping in crypto's. But that is the good news of new investors while dipping of all coins time to stored in your portfolio while it is cheap on the market.
Well, i don't have any idea in big correction happening we all don't know about that but only speculations they have.