I think we are in a correction phase because people got their asses spooked when the fake news about Vitalik came about, the issues with exchanges and wallets like Poloniex and Coinbase spooked even more people, and then the Ether flashcrash went totally exorcist on the remaining holders of any kind of cryptocoin. People are now slowly coming out from under their beds because they realize now it actually a pretty good moment to throw some more greenbacks at the digital monies.
It is summer.. a lot of people knew that this gonna happens, a lot of them as holders kept their cryptos, others sold their cryptocurrency to make a fast profit and some others (that have not idea what happens in cryptocurrency world) did the "panic sell". I don't want to say that it was 100% gonna happen, but it was a predicte based on the past.
Because august first and the Bitcoin SegWit activation, and bitcoin price afect all other coins
I think we are in a correction phase because people got their asses spooked when the fake news about Vitalik came about, the issues with exchanges and wallets like Poloniex and Coinbase spooked even more people, and then the Ether flashcrash went totally exorcist on the remaining holders of any kind of cryptocoin. People are now slowly coming out from under their beds because they realize now it actually a pretty good moment to throw some more greenbacks at the digital monies.
It is summer.. a lot of people knew that this gonna happens, a lot of them as holders kept their cryptos, others sold their cryptocurrency to make a fast profit and some others (that have not idea what happens in cryptocurrency world) did the "panic sell". I don't want to say that it was 100% gonna happen, but it was a predicte based on the past.