Is the hype starting? - page 2. | Bitcointalksearch.org

pixie85

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Quote from: naturerock on October 03, 2018, 08:37:11 PM

I've started to see the hype forming myself. I have a few friends that are starting to buy bitcoin while the price is still cheap, they are confident it will be back over 20k within a short time.

Ask them if they have some diapers and painkillers stocked up. Grin

Quote from: cellard on October 03, 2018, 10:06:20 PM

Right now im 50/50 on things.

On one hand, I believe we've already bottomed, and we are not going to break below the $6k resistance line, and if we do, it will be a quick dip as usual, only to get bought up thus strengthening the cost of production theory. So worst case scenario, we stay at a stable price for a long time until next FOMO cycle to $100k+. All these guys predicting lower prices with their TA get proven wrong once again (just like the were wrong when calling lower peaks than $20k)

On the other hand, I feel like there's still too many noobs holding coins which may need to get triggered into panic selling before we can stat shooting for the next ATH. This may include someone famous rage quitting as well, which would mark the end of the bear market.

There were attempts at causing panic. If you analyse the charts you will see these short dumps by whales meant to liquidate newbies. They are always followed by a big buyback. It did not work and they seem to have allowed the things to unfold on their own. This month there will be another attempt for sure.

naidray

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Quote from: aoluain on September 16, 2018, 04:22:43 AM

In my opinion this report and others to follow no doubt will fuel the
speculation to end 2018 on a high.

I too think so. People are fed up with the constant price swings at the same price. We are done seeing the price at $6.6k or somewhere 5-10% around that price. We want it to either go down properly so it can get back up to bigger numbers or we want it to at least directly skyrocket once again to show us it is still alive.

I think we need to really realize that whenever the price of bitcoin stays the same for a long time in the end a bull run comes. Check out the historical data, it won't show you "bitcoin goes up every December" or something these new people think but it will show you whenever bitcoin stays at the same price for a long time it skyrockets all of a sudden.

cellard

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Right now im 50/50 on things.

On one hand, I believe we've already bottomed, and we are not going to break below the $6k resistance line, and if we do, it will be a quick dip as usual, only to get bought up thus strengthening the cost of production theory. So worst case scenario, we stay at a stable price for a long time until next FOMO cycle to $100k+. All these guys predicting lower prices with their TA get proven wrong once again (just like the were wrong when calling lower peaks than $20k)

On the other hand, I feel like there's still too many noobs holding coins which may need to get triggered into panic selling before we can stat shooting for the next ATH. This may include someone famous rage quitting as well, which would mark the end of the bear market.

naturerock

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I've started to see the hype forming myself. I have a few friends that are starting to buy bitcoin while the price is still cheap, they are confident it will be back over 20k within a short time.

Omega Weapon

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Quote from: creeps on September 22, 2018, 04:58:22 PM

Quote from: Omega Weapon on September 22, 2018, 03:56:28 PM

We know that bitcoin has a strong tendency to end the year by going up in value, it is something that many people are already waiting for because they want the price to recover, but that is not enough of a reason to think that we are seeing any kind of hype, at best I think this year could end with the price of bitcoin reaching 10000 or something similar like that.

There might be no hype for bitcoin right now but in other coins like XRP, its possible. Hopefully, whales are tired now to dump the market so in order for them to take profit they need to hype the market again. I also believe bitcoin will end this year at higher price compare the price today.

It is interesting that you say this because I think the opposite is actually happening, the whales are not dumping their coins, they are buying as many coins as possible so it is in their best interest to not let investors get hyped up about the market, they want the market to be as cheap as possible so they can get a lot of coins for a very low price and then when they are satisfied with the amount of coins they have they will begin to hype the market.

Hannahanto

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We cannot expect the hype now due to the price of bitcoin keeps on decreasing. The hype will start but not now it will take some time, now the price is fluctuating only. Neither it goes high nor it goes down, but never forget the past. Last year same situation happened but end of the year bitcoin would rock. Like that this year also happens people can expect this type of hype in this year. Let's hope with patience surely the price will increase at that time you can sell and earn more profit.

gabmen

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Quote from: Oceat on September 22, 2018, 05:48:20 PM

Quote from: creeps on September 22, 2018, 04:58:22 PM

Quote from: Omega Weapon on September 22, 2018, 03:56:28 PM

We know that bitcoin has a strong tendency to end the year by going up in value, it is something that many people are already waiting for because they want the price to recover, but that is not enough of a reason to think that we are seeing any kind of hype, at best I think this year could end with the price of bitcoin reaching 10000 or something similar like that.

There might be no hype for bitcoin right now but in other coins like XRP, its possible. Hopefully, whales are tired now to dump the market so in order for them to take profit they need to hype the market again. I also believe bitcoin will end this year at higher price compare the price today.

Hype in altcoins are different than in Bitcoin but it could affect the hype of Bitcoin mostly in altcoins. I don't if whales are still part of it but i don't see any relations to the current pump. I think it is because of the recent event of SEC and ETF that's why we saw an early pump yesterday but it just fell a little percentage of the price now.

Well there hasn't been any results yet for that etf anyways although a lot of people are hyping that up. It's not even sure that it'll get approved. And until there's a consistent upward movement to back a hype up, it'll simply be just hype.

Morgann

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Quote from: aoluain on September 16, 2018, 04:22:43 AM

According to this report, which im sure there are a few, it speculates we
could be at the start of an end of year surge in bitcoin value. This is of
course bast on historical events but we all should be aware that past
events should not be used as a future prediction.

https://www.cryptoglobe.com/latest/2018/09/bitcoin-may-surge-in-the-last-quarter-of-this-year-seasonality-chart-shows/

In my opinion this report and others to follow no doubt will fuel the
speculation to end 2018 on a high.

I do not think that the hype is starting because today, the price is still not increasing that much so we better wait for a few months when all of the people are interested on cryptocurrency to invest again in order to earn more profit.

Gontxi

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Quote from: aoluain on September 16, 2018, 04:22:43 AM

According to this report, which im sure there are a few, it speculates we
could be at the start of an end of year surge in bitcoin value. This is of
course bast on historical events but we all should be aware that past
events should not be used as a future prediction.

https://www.cryptoglobe.com/latest/2018/09/bitcoin-may-surge-in-the-last-quarter-of-this-year-seasonality-chart-shows/

In my opinion this report and others to follow no doubt will fuel the
speculation to end 2018 on a high.

I don't think so, but maybe it starts next year, there are a lot of ico running Q4, at least that's what I know. most likely there is a lot of growth shown by altcoins and it will be very influential on bitcoin.

Kevin77

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Quote from: krauzzer02 on September 19, 2018, 11:19:35 AM

We are on the Q4 of the year so we can expect this kind of articles that might possibly fomo the price a bit before hitting the main price surge though don't expect too much that it will be the same again like last year price surge and ATH achievements we may not be going to get there or another record of price might happen by the end of the year, hold your horses and stay alert from the news as always.

Usually, as long as people will always want to relate historical events and tend to want to place it with what is happening currently, articles like this will suffice? A lot of people believe that the last quarter usually bring some goodies to the market and probably that is setting up some excitement in the market for a whole lot of enthusiast or those who are looking forward to at least recovering from the amount they bought during the peak. However, expecting a new ATH this year should totally be out of it.

People already know about bitcoin, the popularity has always been there and the news revolving around bitcoin right from the onset and all these things have been bringing a lot of enthusiasm for those who understand the benefit the future brings with this space and are looking for the right moment to be a part of it.

The hype has not started yet, and it will only start when you start seeing FOMO rushing in. With some good news though, we can see some pretty good push before the end of the year, but I would not consider something so serious.

Oceat

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Quote from: creeps on September 22, 2018, 04:58:22 PM

Quote from: Omega Weapon on September 22, 2018, 03:56:28 PM

We know that bitcoin has a strong tendency to end the year by going up in value, it is something that many people are already waiting for because they want the price to recover, but that is not enough of a reason to think that we are seeing any kind of hype, at best I think this year could end with the price of bitcoin reaching 10000 or something similar like that.

There might be no hype for bitcoin right now but in other coins like XRP, its possible. Hopefully, whales are tired now to dump the market so in order for them to take profit they need to hype the market again. I also believe bitcoin will end this year at higher price compare the price today.

Hype in altcoins are different than in Bitcoin but it could affect the hype of Bitcoin mostly in altcoins. I don't if whales are still part of it but i don't see any relations to the current pump. I think it is because of the recent event of SEC and ETF that's why we saw an early pump yesterday but it just fell a little percentage of the price now.

creeps

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Quote from: Omega Weapon on September 22, 2018, 03:56:28 PM

We know that bitcoin has a strong tendency to end the year by going up in value, it is something that many people are already waiting for because they want the price to recover, but that is not enough of a reason to think that we are seeing any kind of hype, at best I think this year could end with the price of bitcoin reaching 10000 or something similar like that.

There might be no hype for bitcoin right now but in other coins like XRP, its possible. Hopefully, whales are tired now to dump the market so in order for them to take profit they need to hype the market again. I also believe bitcoin will end this year at higher price compare the price today.

Omega Weapon

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We know that bitcoin has a strong tendency to end the year by going up in value, it is something that many people are already waiting for because they want the price to recover, but that is not enough of a reason to think that we are seeing any kind of hype, at best I think this year could end with the price of bitcoin reaching 10000 or something similar like that.

ginellis

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Quote from: timerland on September 17, 2018, 06:42:18 AM

Quote from: aoluain on September 16, 2018, 04:22:43 AM

According to this report, which im sure there are a few, it speculates we
could be at the start of an end of year surge in bitcoin value. This is of
course bast on historical events but we all should be aware that past
events should not be used as a future prediction.

https://www.cryptoglobe.com/latest/2018/09/bitcoin-may-surge-in-the-last-quarter-of-this-year-seasonality-chart-shows/

In my opinion this report and others to follow no doubt will fuel the
speculation to end 2018 on a high.

I really doubt it. Not all reports are going to be accurate.

Considering that the 2013-2015 bear market lasted around half a year longer than this one has so far before any signs of bullish recovery came to the market, I think it's safe to say that it's extremely unlikely that we'll see a trend reversal by the end of the year.

Sure, there could be potentially a short term rally at any given moment near the end of the year, but I don't believe it's going to be able to be anything long term in terms of flipping the sentiment.

It's much more likely that we'll see prices recover as we get closer to 2020 as the halving gets closer. Besides, we may not have actually seen the bottom yet even though prices have settled at $6k or so for the time being, there is every chance that further dips may be coming.

Hype will start in the next year because in this day people are not investing in bitcoin and when there is no investment we will see no hype in the price. The more the investment the high will be the price. The less the demand the low will be the price. This is such a simple phenomenon as I mentioned above. We should be patient and wait for good times to come.

exstasie

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Nope. The hype doesn't really set in until long after a bull market is established, when price starts angling towards parabolic.

When large players are accumulating at the bottom, hype is nonexistent. The mainstream media loses interest, newbie investors are completely shaken out from the markets, most people think BTC and altcoins are dead, bears act like they rule the world, and the markets are usually pretty quiet.

That's potentially what's happening around $6,000 right now. If we're at the bottom now, I'd say hype will really set in a year from now, maybe longer.

krauzzer02

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We are on the Q4 of the year so we can expect this kind of articles that might possibly fomo the price a bit before hitting the main price surge though don't expect too much that it will be the same again like last year price surge and ATH achievements we may not be going to get there or another record of price might happen by the end of the year, hold your horses and stay alert from the news as always.

fulmetal08larz

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It is possible that bitcoin is gaining back its popularity. My friends are already sending me private messages on how they can invest and gain profit in crypto. Last year, before the uptrend began, there was FUD about China all over the news and social media regarding BTC. This year, movement of big players and whales are making newbies nervous again. I believe Q4 will be the start of trend reversal.

hubballi

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Quote from: Kasabus on September 19, 2018, 07:49:12 AM

Quote from: zazarb on September 19, 2018, 07:08:40 AM

In current market price of bitcoin We will likely not see the hype this year, because the market is simply too volatile and there is no price recovery. In the second half of the year everything we have saw was small pump happens then suddenly big dip takes place.
Therefore, I was not so optimistic that we will end this year with hype

The ball still rolling and many changes may happen in the coming days before year end. It might be possible that there is no surge happens or it suddenly pump and hype. And if we compared last year trend, there is a huge different and it won't gonna happen again this year.

Bitcoin is not a pump and dump coin, it has to be getting some solid resources to jump back and in the current scene, their are no chances of bitcoin price getting high. As per my calculation the max it can go is $10k nearby but that too after clearing two resistance of $7000 and $8000 price barrier then only we can see 10k price

Kasabus

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Quote from: zazarb on September 19, 2018, 07:08:40 AM

In current market price of bitcoin We will likely not see the hype this year, because the market is simply too volatile and there is no price recovery. In the second half of the year everything we have saw was small pump happens then suddenly big dip takes place.
Therefore, I was not so optimistic that we will end this year with hype

The ball still rolling and many changes may happen in the coming days before year end. It might be possible that there is no surge happens or it suddenly pump and hype. And if we compared last year trend, there is a huge different and it won't gonna happen again this year.

zazarb

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In current market price of bitcoin We will likely not see the hype this year, because the market is simply too volatile and there is no price recovery. In the second half of the year everything we have saw was small pump happens then suddenly big dip takes place.
Therefore, I was not so optimistic that we will end this year with hype

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