THE FOMO! - page 2. | Bitcointalksearch.org

Distinctin

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Quote from: BrewMaster on May 13, 2019, 12:34:16 PM

now i am wondering how big this will be before the market calms down. 10k maybe?

mmmm.. maybe mate, we can't tell right now but we have to expect big.
We cannot compare this bull run to last bull run which happened in 2017 as this is that is happening now is bigger.
For over a year had passed, a lot of improvement already happen in crypto, bear market shows last year but the fundamentals keeps improving.

arpon11

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The current market price is seriously surprise to most of us and though some of us has predicted that this going to happen and the bearish trend is over. I think there is a little elements of FOMO in the current upwards price movement that bitcoin is having now and that has also affected other coins. As we move on the FOMO is getting bigger and many are buying now and it seems to have no end yet in sight. We should keep buying now and take the advantage of the current happened now.

BrewMaster

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the next phase of the FOMO has begun.

the first FOMO steps were the $500 to $1000 rises that happened as soon as we exited the $3k range into $4k price range. that initial step i suppose were the investors with more grasp over the market and bitcoin's history who jumped right back in giving up their greed for drops.

this new phase is the rest who still were waiting to get their wish of a big drop but were eventually disappointed. this is the bigger FOMO phase.
now i am wondering how big this will be before the market calms down. 10k maybe?

prtty2gal2

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Quote from: Barbut on April 10, 2019, 02:30:24 AM

Next natural level should be $6,000, than $7,000 and so on, what is interesting is that bitcoin pass trough some levels with incredible speed, and for some it takes time. I will be happy if we see $8,000 by the end of this year, this rise now didn`t make me so excited, you need to get use to it and not to think that every rise is a bull run that happened in 2017, we will need to wait a bit more for similar year when prices will have fast rise to new ath.

I don’t think bitcoin will follow that of 2017 pattern again, what I see now is that the Bitcoin value will continue to slowly grow as more investors comes in, the speed each month will get depends of the number of investors then and the amount they are willing to commit into the investment.

I believe that Bitcoin should grow far more than the value of $8000 you quoted there because every stage of value BTC picks, there will always be FOMO which will push it up a bit by adding extra $800 to $1200 and right now, I think most investors are really targeting the ATH and not the value bitcoin will be having this year.

Questat

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Quote from: cydrix on April 10, 2019, 11:38:58 AM

It started again lol I bet it won't last that long maybe a year or so it will move it's price from heaven to hell haha. FOMO is indeed helpful but mostly beginners and speculators are the ones that are causing this though correct if I am wrong hehe purely based on my experience as a beginner haha.

That cannot be eliminated here, FOMO for the newbie and even the old ones here.
It will make the market more exciting because when everyone is buying, that will make the price to result in an overbought situation and the smart
ones knows how to handle the situation, if we failed to sell during the last FOMO or bull run, let's do it this time.

cydrix

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It started again lol I bet it won't last that long maybe a year or so it will move it's price from heaven to hell haha. FOMO is indeed helpful but mostly beginners and speculators are the ones that are causing this though correct if I am wrong hehe purely based on my experience as a beginner haha.

Naida_BR

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Quote from: adaseb on April 10, 2019, 03:04:17 AM

The real retail FOMO probably won't start until maybe $10K breaks or we get some Bitcoin ETF approval. I think most of the FOMO these days is either people buying back their Crypto they sold last year, people using their Tether, or shorts covering their positions because it looks like it might go higher.

Last time we got FOMO was when BTC was like $3000 and the FOMO started because it broke the $1100 ATH back in 2017. So we are a little while away from the retail FOMO.

I don't think that people are so naive as they were at the last ATH back in 2017.
Many people got trapped due to the FOMO and they lost much money when they invested in high prices of the bitcoin. Now it seems that they got their lesson and probably they won't make the same mistake again.

adaseb

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The real retail FOMO probably won't start until maybe $10K breaks or we get some Bitcoin ETF approval. I think most of the FOMO these days is either people buying back their Crypto they sold last year, people using their Tether, or shorts covering their positions because it looks like it might go higher.

Last time we got FOMO was when BTC was like $3000 and the FOMO started because it broke the $1100 ATH back in 2017. So we are a little while away from the retail FOMO.

Barbut

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Quote from: 2chase on April 10, 2019, 01:31:46 AM

I think that the next stage during which Bitcoin will show growth will occur approximately to the level of 6000 dollars. And then, when he reaches the level of 6000, he will be at that level during one or two months. Then there will be the next wave of growth above 8000.

Next natural level should be $6,000, than $7,000 and so on, what is interesting is that bitcoin pass trough some levels with incredible speed, and for some it takes time. I will be happy if we see $8,000 by the end of this year, this rise now didn`t make me so excited, you need to get use to it and not to think that every rise is a bull run that happened in 2017, we will need to wait a bit more for similar year when prices will have fast rise to new ath.

2chase

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I think that the next stage during which Bitcoin will show growth will occur approximately to the level of 6000 dollars. And then, when he reaches the level of 6000, he will be at that level during one or two months. Then there will be the next wave of growth above 8000.

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Quote from: GregH37 on April 08, 2019, 12:00:18 PM

Quote from: gabmen on April 05, 2019, 09:08:26 AM

Well if you think about it, btc moved from sub 4k to 5k in a matter of days. So getting to 7k by june isn't impossible. Especially with a lot of people becoming excited over the current trend. It could really start a fomo run but i wouldn't want to jump into that if ever. I'll just stick to the btcs i currently own.

June is even quite still far, one of the big analyst we have in the market just predicted BTC to reach $7k by May, which is possible, this $5k we see now was actually predicted for May but we saw the value earlier than expected, so if $7k is predicted for June, then we can see it earlier than that. When it comes to BTC and its growth, nothing is absolutely impossible, we have lots of investors that would even invest normally before then without FOMO, let us now consider what FOMO’s input too will be, so it’s better we get ready for the further spike now to avoid regrets.

I'm glad majority are talking about the possible price increase for this year.
People changed their mind and they are bullish now, this will attract the thoughts of the newbie or some of the non believers to believe on crypto once more. For awhile, some thought BTC will not recover anymore, or it's over but BTC proven them wrong, it pumped hard and changes it's status now.

hulla

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Quote from: Natalim on April 08, 2019, 06:59:43 AM

Quote from: Malsetid on April 08, 2019, 06:05:15 AM

Quote from: coinplus on April 07, 2019, 10:02:18 AM

I said much bigger because I believe the "FOMO" mentality is not just another 500 bucks or a thousand dollars, it is gonna be something much bigger, I don't know if it will happen sometime soon but everything looks amazing for bitcoin so it could definitely skyrocket soon, maybe today, maybe tomorrow, maybe a week but it looks like it will certainly happen.

When that happens we will definitely be above 7000+ for sure, that is why I think that next FOMO will be around 9 thousand dollars or so, anything above 10k is very risky because it could fall back very hard but if it reaches around 9k than the fall would be slower and it will be just going back to something over 7 thousand dollars and that is a responsible increase and decrease for the life of bitcoin. Lets hope I am right because anything less or more will not be good for us.

Even at 7k, it's already very risky. People just came from a long exhausted bear market and many of those who got beat by it would want to get out the moment they get profit. It's likely the fear of getting caught in a dump is now greater than the fear of missing out.

That's what you think, but I think the FOMO is still greater than the FUD in the market.
It's based on per situation and the situation now is good because we recover and BTC jump higher than our expectation.
This should be enough to conclude that going forward will be a bullish market for crypto.

You're right when you said the FOMO is greater than the FUD which I believed the market trend has justify it but i dont agree with what you when you said BTC recover higher than our expectation because the market have been proofing the surge trend acouple of weeks back which we have been expecting the surge in price.

GregH37

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Quote from: gabmen on April 05, 2019, 09:08:26 AM

Well if you think about it, btc moved from sub 4k to 5k in a matter of days. So getting to 7k by june isn't impossible. Especially with a lot of people becoming excited over the current trend. It could really start a fomo run but i wouldn't want to jump into that if ever. I'll just stick to the btcs i currently own.

June is even quite still far, one of the big analyst we have in the market just predicted BTC to reach $7k by May, which is possible, this $5k we see now was actually predicted for May but we saw the value earlier than expected, so if $7k is predicted for June, then we can see it earlier than that. When it comes to BTC and its growth, nothing is absolutely impossible, we have lots of investors that would even invest normally before then without FOMO, let us now consider what FOMO’s input too will be, so it’s better we get ready for the further spike now to avoid regrets.

Natalim

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Quote from: Malsetid on April 08, 2019, 06:05:15 AM

Quote from: coinplus on April 07, 2019, 10:02:18 AM

I said much bigger because I believe the "FOMO" mentality is not just another 500 bucks or a thousand dollars, it is gonna be something much bigger, I don't know if it will happen sometime soon but everything looks amazing for bitcoin so it could definitely skyrocket soon, maybe today, maybe tomorrow, maybe a week but it looks like it will certainly happen.

When that happens we will definitely be above 7000+ for sure, that is why I think that next FOMO will be around 9 thousand dollars or so, anything above 10k is very risky because it could fall back very hard but if it reaches around 9k than the fall would be slower and it will be just going back to something over 7 thousand dollars and that is a responsible increase and decrease for the life of bitcoin. Lets hope I am right because anything less or more will not be good for us.

Even at 7k, it's already very risky. People just came from a long exhausted bear market and many of those who got beat by it would want to get out the moment they get profit. It's likely the fear of getting caught in a dump is now greater than the fear of missing out.

That's what you think, but I think the FOMO is still greater than the FUD in the market.
It's based on per situation and the situation now is good because we recover and BTC jump higher than our expectation.
This should be enough to conclude that going forward will be a bullish market for crypto.

Malsetid

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Quote from: coinplus on April 07, 2019, 10:02:18 AM

I said much bigger because I believe the "FOMO" mentality is not just another 500 bucks or a thousand dollars, it is gonna be something much bigger, I don't know if it will happen sometime soon but everything looks amazing for bitcoin so it could definitely skyrocket soon, maybe today, maybe tomorrow, maybe a week but it looks like it will certainly happen.

When that happens we will definitely be above 7000+ for sure, that is why I think that next FOMO will be around 9 thousand dollars or so, anything above 10k is very risky because it could fall back very hard but if it reaches around 9k than the fall would be slower and it will be just going back to something over 7 thousand dollars and that is a responsible increase and decrease for the life of bitcoin. Lets hope I am right because anything less or more will not be good for us.

Even at 7k, it's already very risky. People just came from a long exhausted bear market and many of those who got beat by it would want to get out the moment they get profit. It's likely the fear of getting caught in a dump is now greater than the fear of missing out.

coinplus

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I said much bigger because I believe the "FOMO" mentality is not just another 500 bucks or a thousand dollars, it is gonna be something much bigger, I don't know if it will happen sometime soon but everything looks amazing for bitcoin so it could definitely skyrocket soon, maybe today, maybe tomorrow, maybe a week but it looks like it will certainly happen.

When that happens we will definitely be above 7000+ for sure, that is why I think that next FOMO will be around 9 thousand dollars or so, anything above 10k is very risky because it could fall back very hard but if it reaches around 9k than the fall would be slower and it will be just going back to something over 7 thousand dollars and that is a responsible increase and decrease for the life of bitcoin. Lets hope I am right because anything less or more will not be good for us.

1Referee

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Quote from: gabmen on April 05, 2019, 09:08:26 AM

Well if you think about it, btc moved from sub 4k to 5k in a matter of days. So getting to 7k by june isn't impossible. Especially with a lot of people becoming excited over the current trend. It could really start a fomo run but i wouldn't want to jump into that if ever. I'll just stick to the btcs i currently own.

After the resistance of ~$4300 broke there wasn't much that could stop the price from rushing up to $5000. The resistance we will face around $6000 will be way harder to break through, and it might take all the way till 2020 before we actually break it.

Realistically speaking, the most we can expect for now is to see the price attempt to peak somewhere between $5500-$6000 but it will be brutally rejected if so. No way that without a major catalyst and a lot of new capital we will take it out easily after functioning as critical support for such a long period of time.

If you're in for the long term it's better to hold, but it might not be a bad idea to use a potential $6000 visit to sell a small portion and buy more coins back lower for the same amount of fiat.

pooya87

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Quote from: StarofBTC on April 05, 2019, 01:33:16 PM

We may not see this speedy pump again until may around September, it doesn’t mean bitcoin won’t grow again from where it is now but it will slowly rise and probably rise $5500 by the end of this April, from there, we will be able to assume the next price it will set fort for again, but I don’t think $6000 is that feasible for now, not completely sure but bear forces too has not completely left the market, the presence of bear is still there are fighting hard against BTC breaking further but I know, there will surely be a factor soon that will help the Bull Trend overcome.

bitcoin is growing and the price of it is rising but it will not get pumped ever again. last pump that we had belongs to 2013 where Mt Gox was involved. ever since that time we only see rallies and small manipulations but no pumps.
as for the price, at the moment there are a lot of day traders taking their profit after this big rise which is why when we reached $5300 there was a big sell off bringing the price back down to $4900 and after they buy back with their profit we can see the rise continue.

Ipwich

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Quote from: StarofBTC on April 05, 2019, 01:33:16 PM

Quote from: BrewMaster on April 02, 2019, 09:08:54 AM

a while ago i started a topic here talking about the FOMO that is going to occur when the price rise begins. here is the topic: https://bitcointalksearch.org/topic/what-do-you-think-the-size-of-the-fomo-going-to-be-when-it-starts-5108231
although there weren't that many votes but it seems like most people got the right answer (the shoot up to $5k) which was the FOMO that i was talking about there. the initial leg up which shoots price upwards $1000 in a couple of hours.

now another question. what do you think the next leg up is going to be? maybe you think there is no FOMO and only a slow rise this time?
lets see how the results are going to be this time...

We may not see this speedy pump again until may around September, it doesn’t mean bitcoin won’t grow again from where it is now but it will slowly rise and probably rise $5500 by the end of this April, from there, we will be able to assume the next price it will set fort for again, but I don’t think $6000 is that feasible for now, not completely sure but bear forces too has not completely left the market, the presence of bear is still there are fighting hard against BTC breaking further but I know, there will surely be a factor soon that will help the Bull Trend overcome.

Who could tell, we are in the first week of the month and we have reached $5,200 in just a short span of time.
$6,000, that's possible, whales are into it again, they change the market situation now and they should have bigger plans to pump this market again.
Time frame expectation is no more relevant when there is a manipulation.

StarofBTC

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Quote from: BrewMaster on April 02, 2019, 09:08:54 AM

a while ago i started a topic here talking about the FOMO that is going to occur when the price rise begins. here is the topic: https://bitcointalksearch.org/topic/what-do-you-think-the-size-of-the-fomo-going-to-be-when-it-starts-5108231
although there weren't that many votes but it seems like most people got the right answer (the shoot up to $5k) which was the FOMO that i was talking about there. the initial leg up which shoots price upwards $1000 in a couple of hours.

now another question. what do you think the next leg up is going to be? maybe you think there is no FOMO and only a slow rise this time?
lets see how the results are going to be this time...

We may not see this speedy pump again until may around September, it doesn’t mean bitcoin won’t grow again from where it is now but it will slowly rise and probably rise $5500 by the end of this April, from there, we will be able to assume the next price it will set fort for again, but I don’t think $6000 is that feasible for now, not completely sure but bear forces too has not completely left the market, the presence of bear is still there are fighting hard against BTC breaking further but I know, there will surely be a factor soon that will help the Bull Trend overcome.

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