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RE: Bitcoin's August UASF fork: Is a CRYPTO STORM coming?

in #cryptocurrency7 years ago

If you expect $10 for Ethereum, you must be very bearish. I would welcome a good correction as well but do not expect Bitcoin lower than $1,600-1,800 in such correction as worst case scenario.

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ETH/USD markets are not very liquid (flash crash on GDAX) so if BTC were to correct 50% I can see a good dump in ETH too, maybe not $10 but will definitely have some low orders stacked low, lots of dumb money in the market and dumb money panics easily

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