I will not upvote you First of all in cryptocurrency we don't have correction, Yo need to stop Promoting that shit, Correction just tell me, how is cryptocurrency correcting his self, how are you telling people this, this the reason why articles like this, that is not the terms you need to search the term correction, and when you research you need to make a good post
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Hi Cryptosteven, thanks for your comment; by 'correction' I just meant that the price has not crashed.
I think many of us in Crypto see the developments and news about Bitcoin etc through the 'lens' of the Fiat pairing Price. My understanding of 'correction' is "a reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index to adjust for an overvaluation." but what I meant mostly was that It's not a 'crash' as the mainstream are still calling it.
Now, firstly.. let me say that personally I dont see Bitcoin/Altcoins etc as PRIMARILY an Investment, no-one talked like this in the early days, back then the drive was to communicate how much MORE EFFICIENT (cost efficient, secure etc) it was to use Bitcoin, and after you did that usually a few people who you spoke to would decide that they agree and this was where a lot of people were starting to USE bitcoin in 2013-2015 in day to day commerce (now theres an idea right! ;) ) this really helped to continue Bitcoins 'Network Growth' effect.
To a certain extent, not a lot of this intrinsic usefulness of crypto matters now because people mostly buy because the price is/was going up. It doesn't help that Youtubers all smash round videos every week like "Top 10 alts to invest in for March/April 2018". (nothing against Youtubers by the way.. I'm subscribed to most of those guys and their content is great... just making the point) It's just that I'm aware of who's been coming into crypto lately so I'm using a term from the Investment world as a launching pad to discuss the REASONS BEHIND the price having recently experienced a decline - and seeing what people think if they agree etc.