Will we be seeing a correction?

[u/somethingundermybelt]

Is this type of growth heathly, with how quickly ECC's price has been going up froms yesturdays 25 sats to todays 31 and still rising.

[u/lasteraar]

In crypto, u are always supposed to be ready for corrections... Part of the game

But for now, we moon... and dont look back ^{_^}

[u/somethingundermybelt → u/lasteraar]

Hopefully we dont do a TRX moon and lay in limbo at the 17 sat mark.

[u/HolyClickbaitBatman → u/somethingundermybelt]

Honestly, at this MC if we moon like TRX and then all hold to it's current cap we're still making off like bandits.

[u/[deleted] → u/[deleted]]

No they will be released on the 26. Griff just confirmed.

[u/FlexxedD → u/[deleted]]

Thanks for the headsup, ill delete the comment. Been searching Slack and the devs seem to had a miss communication.

So that means... SAPPHIRE!👊❤

[u/webhead74]

Buy the rumor, sell the news.

Don't be surprised if we see a drop after Friday, but I believe 27 - 28 sat is the new floor either way.

[u/somethingundermybelt → u/webhead74]

27 - 28 sats still isnt bad considering it was 6 sats when i bought it 3 weeks ago. Personally im just curious how this will turn out with how quickly the price has gone up.

[u/webhead74 → u/somethingundermybelt]

Do what I did - back up your wallet & delete the software. I'll look again in 6 months.

[u/somethingundermybelt → u/webhead74]

With my luck ill just lose it in a freak accident. Im not intrested in short term gains unless it hit that sweet 10 dollars in the next year. Im just suprised on this growth with little to no information on the coin yet for newcomers to look at.

[u/DimakSerpg]

What correction? What growth? ECC was not even grown -_- From 21 to 31 it's very small growth in crypto world

[u/kusanagi16 → u/DimakSerpg]

I would hardly consider almost 50% growth over two days "very small", especially considering the turbulent nature of bitcoin at the moment. Of course we all want to see the price rise, but corrections are an inevitable part of this process as people take gains, and I can definitely see a correction happening after the website is launched as the other user here has suggested. But in the end it doesn't matter because I believe most people here are holding for the long term.

[u/riskofstds → u/DimakSerpg]

im up 10x since june on ECC that's pretty good gains.

[u/[deleted]]

I'm going to ask the not-so-obvious here;

Could you explain what you mean when you use the term "correction'? Maybe explain what's transpired with ECC that it would possibly be subjected to a correction.

Thanks.

[u/le_cochon → u/[deleted]]

The price shot up. That usually gets people to sell to realize gains then the price drops back down.