People are panic buying right now! - page 10.

imstillthebest

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i dont think that the pump that we are seeing is caused by panic buyers but theres actually more people that panic sells whenever the price starts to fall . there are positive news last time and i think that was the true cause of this rise .

Quote

Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

i dont think they will regret for not buying btc but they wont buy a btc because they are btc haters. its also funny when they say btc ended after it falls to 30k because that price was too high but btc wont end even if the the price falls below 10k but it will only make it more stronger .

Wexnident

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Well, it was quite a natural reaction since most people seem to have that idea where they should buy when it's pumping, and not before the pump. This leads to them basically losing a lot of money due to entering the market late, letting those who bought early on profit from their mistakes. I'm not sure if it's full on FOMO, but there is certainly a part of those who bought late that are thinking of it like that. I'd actually wait a few more weeks since it might drop off before the ber months, then go slowly back up from there. We might just exceed the past ATH then.

Dadan

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I was one of those people who predicted that when the price plunge to $33k and then sideways, it could be at least touch $25k level. I was wrong.
I was surprised when the price surged from $29k to $40k. I thought it was because of Amazon news. When Amazon gave clarification and correction happened to $36k, that's very defining moment.
If the price increase, I believe that many people believe that Amazon news is actually true. So in my opinion, this is not really FOMO, because if that Amazon accepting crypto (and probably will be followed by other e-commerce) will happen, then even $100k is possible.
I think this one is not the 4 years cycle that btc price would dump to -60%. I think no. Crypto become a lot more popular, a lot of money come to crypto market because many financial institution start to invest.
Defi, NFT and other crypto space/product is also a big push as they offer more lucrative way of investing.
Let's see how much will this bull run peak at. Otherwise there's still a little possibility of this is actually bull trap.

Kasabus

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Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

It is not panic buying but considers this will be FOMO. These buyers are afraid to miss the train before the Bullish start again. How do I wish that Bullrun will come back before the year-end but also I was thinking on the negative side what if this is just a trap, something huge drop happen next?

Even there is a massive price increase in the market, I will still be careful with this situation. Maybe I could say that I was in regret of selling it earlier and are not able to wait for the price surge, but knowing that we can't predict the market, it seems to be okay at least we are already secured and in profit.

ipanks

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Quote from: sayaya17 on August 10, 2021, 04:46:56 AM

So smile at the people who have bought bitcoin at $30k because bitcoin has already passed that price. I'm very excited about the current rise
in the price of bitcoin because I'm definitely going to make a profit. And I'm also waiting for altcoins to rise to the moon as much as bitcoin.
But this is already a sign, if bitcoin continues to raise its price, let alone will have a new ATH, altcoins will be ready to fly too.

Oh, I am sure those people smile when they see the price now reaches $45,895 and they only need to wait for the price to hit their target price and sell it to take profit. Not many of us can have that opportunity to have bitcoin at a low price, but many of us already saw the price is on the dip but do not use it to buy as many bitcoins as we can. You make a profit from this situation and once the price increases, your profit will become bigger. The altcoins will take the time to increase behind bitcoin and I guess that time will not take too long so be patient will be needed.

bocyaj

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Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

Most of time,it will happens.It's like a rabbit and carrot formula.When the price of bitcoin pumped to the value f 3-4 percentage in a day.Surely,we expected huge rise in some potential coin.It's enough for the beginners get into investment.Most of the time,people earn money from it.Sometimes,they are forced to lose also.

ultrloa

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Quote from: davis196 on August 10, 2021, 05:46:03 AM

Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

I regret that the FOMO phase/bull run started so soon.I wish I could hoard more Bitcoins at a price below 40K USD.I wish the stagnant market could continue for at least several weeks. Sad

Those who were saying that Bitcoin will end are most likely bulls,who wanted the BTC price to drop way below 30K USD,so they could buy cheap BTC.Many "bull" traders were secretly spreading FUD during the spring.
I hope that this price increase won't be another bubble.

To hard to enter right now as many people are getting hype with current market condition so maybe I will try to spot the best time to enter and just watch the chart for a while since I don't want to get FOMO on certain situations, also I don't want to bag hold for long time since doing this is not ideal as I'm not a whale. I also hope that this is not a bubble and we can see more price stretch on next couple of months.

davis196

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Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

I regret that the FOMO phase/bull run started so soon.I wish I could hoard more Bitcoins at a price below 40K USD.I wish the stagnant market could continue for at least several weeks. Sad

Those who were saying that Bitcoin will end are most likely bulls,who wanted the BTC price to drop way below 30K USD,so they could buy cheap BTC.Many "bull" traders were secretly spreading FUD during the spring.
I hope that this price increase won't be another bubble.

sayaya17

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So smile at the people who have bought bitcoin at $30k because bitcoin has already passed that price. I'm very excited about the current rise
in the price of bitcoin because I'm definitely going to make a profit. And I'm also waiting for altcoins to rise to the moon as much as bitcoin.
But this is already a sign, if bitcoin continues to raise its price, let alone will have a new ATH, altcoins will be ready to fly too.

Reid

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Expecting it from Mid-November to December again as employees will have a lot of money to spare with their Christmas bonuses.
Well, it's earlier, I'll take it. Grin

Volatility strikes again, you will just never know when these whales starts moving their money to Bitcoin again and somehow let other people feel the regret of not doing the purchase as early as possible.
I have seen lots of FUD and impatient investors, maybe they already sold their bitcoins and not take their chances.
Popcorn, anyone?

pauloaragaomelo

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Quote from: ?? on ??

I suspect, that in the near future the price of bitcoin will also reach the price of $50k. however, the new ATH is still very possible. I'm pretty optimistic about this. In fact, some media write very optimistically that when the price of bitcoin breaks the price of $50k, it is very likely that in the near future the price of $60k can be passed.

You seem to be speculating highly based on the current trend of market movement patterns, although everyone is not prohibited from speculating but you should consider at least $50k almost an increase will reach. We are optimistic that the market will strengthen but not in the near future because market patterns cannot be separated from price corrections.

NeuroticFish

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Quote from: psychic fans on August 10, 2021, 03:16:32 AM

Quote from: NeuroticFish on August 09, 2021, 08:00:48 AM

Quote from: Lucius on August 09, 2021, 07:58:33 AM

It's amazing how people refuse to understand some things and constantly make the same mistakes - and most buy BTC only when the price goes up, instead of doing the exact opposite.

Psychologically people are more inclined to buy the trend than buy low.
In many cases this ends up by buying high and selling low, but.. yeah... Roll Eyes

If you don’t know why you should invest in Bitcoin? If you don’t know why you should have a sense of peace? If you don’t know how to develop a long-term financial plan? If you don’t know how to distribute your income scientifically? For example, if you remove the expense of cigarettes and invest in Bitcoin, you will not only have wealth accumulation, but you will also have health. What if you don’t know how to improve your knowledge of the Bitcoin network? Then I advise you not to invest in Bitcoin. Perhaps you have made a lot of money, but I will tell you that you are just lucky and will lose your wealth sooner or later because of your subjective reasons. Please believe me, this is true.

I'm not sure whom you intended to answer and I'm not sure what you understand from the conversation, but something doesn't matching here.
If you use translating software for understanding what's discussed here then you clearly need a better one.

Lucius

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Quote from: Tytanowy Janusz on August 09, 2021, 08:07:13 AM

Price out of their reach? What you mean by that. No one force them to buy whole bitcoin. They can invest as much as they want buying fraction of bitcoin.

I was thinking that most people would still choose to have 1 shitcoin worth $500 rather than 0.01 BTC, it's just a matter of numbers. When I talk to people about it, they mostly think that way - because they think they get a very small percentage of something for the money they invest. No one disputes the fact that everyone can buy maybe $10 worth of BTC, the thing is that many are looking for cheaper alternatives that may bring them big profits in the future, because at the end of the day for most it all comes down to profit.

Obito

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Quote from: snipie on August 09, 2021, 04:45:09 PM

I wouldn't say people are panic buying since the movement of the price lately made it predictable that it will surge at some point, unless seeing it rising constantly and passing $50k then $60k again I prefer to say it is a normal volatility.

Well the surge is because people are panic buying, trying to get into the market as soon as possible so as to get the biggest profits as much as possible. It became predictable because there's a surge and there's a lot of bullish news lately.

psychic fans

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Quote from: NeuroticFish on August 09, 2021, 08:00:48 AM

Quote from: Lucius on August 09, 2021, 07:58:33 AM

It's amazing how people refuse to understand some things and constantly make the same mistakes - and most buy BTC only when the price goes up, instead of doing the exact opposite.

Psychologically people are more inclined to buy the trend than buy low.
In many cases this ends up by buying high and selling low, but.. yeah... Roll Eyes

If you don’t know why you should invest in Bitcoin? If you don’t know why you should have a sense of peace? If you don’t know how to develop a long-term financial plan? If you don’t know how to distribute your income scientifically? For example, if you remove the expense of cigarettes and invest in Bitcoin, you will not only have wealth accumulation, but you will also have health. What if you don’t know how to improve your knowledge of the Bitcoin network? Then I advise you not to invest in Bitcoin. Perhaps you have made a lot of money, but I will tell you that you are just lucky and will lose your wealth sooner or later because of your subjective reasons. Please believe me, this is true.

Wawa2013

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Panic buying will always occur when the market is bullish as it is now, this is indeed a good thing that can push Bitcoin prices to rise even higher.
But on the other hand, panic buying will only make us buy Bitcoin at the peak price, even though the market often changes direction suddenly.
Therefore it is important to have knowledge, so that we can decide a good time to enter the market. For the past few days, the market has been
looking bullish. so it is very likely that the price of Bitcoin can reach the price of $50k in the near future and will continue to return to the ATH price.
But caution is needed when investing in Bitcoin, because the price of Bitcoin is volatile, making Bitcoin at any time the price can fall.

AliMan

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Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

Exactly, that's the reality of what's been happening right now on current price. Demand arises after several positive news came out, so to those in regrets right now they're trying to ride with the uptrend situation of btc price. Predictions is now doing great, and it's actually attracting more investors and new traders to start an entry point for their trading career. Sooner we will see $50k again pumping until $60k.

snipie

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I wouldn't say people are panic buying since the movement of the price lately made it predictable that it will surge at some point, unless seeing it rising constantly and passing $50k then $60k again I prefer to say it is a normal volatility.

Hamphser

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Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

Panic Buying or FOMO is just really the same but i dont see that much to be on that case since $2000+ movement isnt something rare or non usual thing to happen here on crypto specially with bitcoin.

This had been a typical movement and we had just recognized for it to be that something unusual because we had seen bitcoin been moving sideways for a while now.

and when it moves on this scale then it turns out that we do get surprised which it isnt really that something to be have that kind of reaction.

huu78

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Why is it called panic buy? it just looks like demand is bigger than sales, it's only natural that this year has been a bullish year for Btc. And I think the prolonged pandemic is also the cause of increased buying interest, where people are confused about looking for a little extra income.

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