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Re: Cryptocurrency market to suffer from strong correction
by
The_Dark_Knight
on 18/05/2018, 03:29:11 UTC
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction

90%? more like 1000% FUD detected. This is another outrageous attempt to crash crypto and it felt like this is going on for a thousand times or more than that. Crypto will moon and it's going to be more epic this time.
The market of cryptocurrencies is a lot stronger than many people think, is not going to fall 90% just because a post and an article say it would, it is going to take a lot more than that to crash bitcoin and the rest of the market, however while I believe that the market of cryptocurrencies is going to grow once again I am not so sure we are going to see it soon.