Topic: THE FOMO! (Read 12862 times)

Quote from: klaaas on May 15, 2019, 02:45:41 PM

FOMO is short term effect I think, I'd much rather see more solid effects in play like actual usage not speculative holds .

It depends on the speed that is gos and gain on the chart. The higher the spikes the more people will buy inn. We have to wait to see how much steam this bull got Wink

It's still hard to put some numbers since bitcoin just started to increase this month and it still not that fast how it act in 2017 bullrun. The good things is that many crypto investors were thinking of coming back due to this increase. Maybe just waiting for some numbers to hit.

Right now there’s a FOMO buy its not that high compare to the previous pump meaning investors know that this is the beginning of bull market, besides we don’t see any big corrections right now and the price is still pumping. Its not FOMO if you plan to hold for long term because that’s what investors did.

STT

legendary

Activity: 4102

Merit: 1454

It depends on the speed that is gos and gain on the chart. The higher the spikes the more people will buy inn. We have to wait to see how much steam this bull got Wink

Oh I think the spikes can be high, I dont doubt the power but the reason the shape of the move is a spike is that its sudden and sharp upwards. It can reverse as it draws in alot of speculators more then users who have the reasoning to hold on overnight and into weeks to use the BTC on whatever their interest is etc.
It'll build a base much stronger long term if we can spiral upwards like a staircase more then a spike. I prefer people posting doubts while we gain on a more monthly type basis

dimonstration

hero member

Activity: 2716

Merit: 698

Dimon69

Quote from: klaaas on May 15, 2019, 02:45:41 PM

Quote from: Mpamaegbu on May 14, 2019, 11:53:30 AM

FOMO is short term effect I think, I'd much rather see more solid effects in play like actual usage not speculative holds .

It depends on the speed that is gos and gain on the chart. The higher the spikes the more people will buy inn. We have to wait to see how much steam this bull got Wink

It's still hard to put some numbers since bitcoin just started to increase this month and it still not that fast how it act in 2017 bullrun. The good things is that many crypto investors were thinking of coming back due to this increase. Maybe just waiting for some numbers to hit.

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: BrewMaster on April 02, 2019, 08:08:54 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...

Like a true prophet you spoke. The FOMO has already begun. We are already past $8k. Who knows, $10k may be the next level by nest week.

Honestly, I wish the FOMO wouldn't be there so that we can have a slow and steady kind of rise. The fresh monies coming in should be gradual so as not to cause a similar dump we all witnessed in 2018.

But, how can we really be certain that FOMO is really partaking in this price increase, to me, I feel fomo is yet to set in, and this increase we are seeing is just as a result of some good projects being released into the market that are quite attached to bitcoin.

Let us take for example, I heard of 2 great retailers very popular who has integrated bitcoin as payment for their products, I have heard of tether news about their over printing accusation, and I have heard of Binance disabling withdrawal and depositing of coins in their exchange for the main time and many more, these factors coming all together at same time could be a major reason for the spike.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: Natalim on May 14, 2019, 10:30:04 PM

With $6000 as the new low and the current price is only $8000, I think this will allow investors to enter.

$6000 the new low? How so? We haven't even tested it yet. On top of that, the market hasn't respected the resistance levels that the charts and volume indicators were hinting at, so why would they be respected on the way down when the short term demand vanishes as quickly as it popped up?

Nothing in the market has changed to the degree where I would be comfortable saying that sub $6000 or $5000 levels are history. I'm comfortable saying that about sub $4000 levels, but that's it. Bitcoin has been generous offering second chances to buy lower, so just have some patience and enjoy all the price action that's happening right now.

klaaas

hero member

Activity: 1568

Merit: 544

Quote from: BrewMaster on May 15, 2019, 01:08:55 PM

FOMO is short term effect I think, I'd much rather see more solid effects in play like actual usage not speculative holds .

It depends on the speed that is gos and gain on the chart. The higher the spikes the more people will buy inn. We have to wait to see how much steam this bull got Wink

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: Distinctin on May 14, 2019, 02:45:38 AM

Quote from: BrewMaster on May 13, 2019, 11:34:16 AM

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.

i completely agree that each bull run is unique and every time it only grows more because of a lot more adoption but there still are a lot of similarities between them. with that in mind this is like the last bull run but we are not in the end of the bull run to be comparing it with 2017, we are at the very start of it so it should be compared with 2015 instead. now you can see more similarities.... stable accumulation, sudden giant drop below strong support, lots of sad people who gave up on bitcoin calling it dead, the big recovery, initial FOMO jumps and the slow rise afterwards with the bull run of about 2.5x by the end of that year.

Of course the FOMO of 2017 can't be compare with what we are seeing right now. We've seen a lot of irrational buyers in that massive spike in December of 2017, but I'm seeing FOMO, but I would say it's minimal though, maybe those who FOMO doesn't want to experience the scenario of 2017. So they are very calculated. Right now there are a shifting from alts->bitcoin->alts->bitcoin. So they are smart and knowing that this is just the beginning of a bull run, but they can also make more money but moving their money around in the market.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

Quote from: Distinctin on May 14, 2019, 02:45:38 AM

Quote from: BrewMaster on May 13, 2019, 11:34:16 AM

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.

i completely agree that each bull run is unique and every time it only grows more because of a lot more adoption but there still are a lot of similarities between them. with that in mind this is like the last bull run but we are not in the end of the bull run to be comparing it with 2017, we are at the very start of it so it should be compared with 2015 instead. now you can see more similarities.... stable accumulation, sudden giant drop below strong support, lots of sad people who gave up on bitcoin calling it dead, the big recovery, initial FOMO jumps and the slow rise afterwards with the bull run of about 2.5x by the end of that year.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: Mpamaegbu on May 14, 2019, 11:53:30 AM

FOMO is short term effect I think, I'd much rather see more solid effects in play like actual usage not speculative holds . The price will or should cycle in a range of prices, it might be 6000 is the new low now. That cycle allows many people to enter without it purely being about catching the gain, some are always going to be selling the higher edge of that range because they are leveraged.

With $6000 as the new low and the current price is only $8000, I think this will allow investors to enter.
Good to witness the market still bullish and I see some FOMO and it will keep growing as the price is pump many times.
This is the time where we have to be cautious also, let us just don't watch it, but also make a strategy on how to benefit the situation.

STT

legendary

Activity: 4102

Merit: 1454

FOMO is short term effect I think, I'd much rather see more solid effects in play like actual usage not speculative holds . The price will or should cycle in a range of prices, it might be 6000 is the new low now. That cycle allows many people to enter without it purely being about catching the gain, some are always going to be selling the higher edge of that range because they are leveraged.

BitHodler

legendary

Activity: 1526

Merit: 1179

Honestly, I wish the FOMO wouldn't be there so that we can have a slow and steady kind of rise. The fresh monies coming in should be gradual so as not to cause a similar dump we all witnessed in 2018.

It's impossible to demand anything like that from the market. When the price is going up rapidly, people automatically get hyped up and buy in to no longer be the loser that keeps missing out on these rushes.

Another thing is that retailers in general love to buy things that are going up. For them it's literally a matter of Bitcoin going up means it's doing well, where price down means they think it will fail and could even become worthless.

It's completely stupid of course, but that's how they think. We hovered below $4000 for quite some time, which is an indication that retail money wasn't interested. These people are buying as we speak.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: Mpamaegbu on May 14, 2019, 11:53:30 AM

Quote from: BrewMaster on April 02, 2019, 08:08:54 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...

Like a true prophet you spoke. The FOMO has already begun. We are already past $8k. Who knows, $10k may be the next level by nest week.

Honestly, I wish the FOMO wouldn't be there so that we can have a slow and steady kind of rise. The fresh monies coming in should be gradual so as not to cause a similar dump we all witnessed in 2018.

If this continues within about a week, Bitcoin will reach the $10k level and the five-figure is just happening too early the way i expected it.

But of course, FOMO will also set in, to those who are doing short since they want to gain some from this hype-up market.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: BrewMaster on April 02, 2019, 08:08:54 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...

Like a true prophet you spoke. The FOMO has already begun. We are already past $8k. Who knows, $10k may be the next level by nest week.

Honestly, I wish the FOMO wouldn't be there so that we can have a slow and steady kind of rise. The fresh monies coming in should be gradual so as not to cause a similar dump we all witnessed in 2018.

wuvdoll

legendary

Activity: 1442

Merit: 1025

I am super happy about the fact that I actually clicked "much more" in my answer. Thankfully I was planning on the price going much higher as well and that is why I had much more bitcoins too (although I spent some of the new investments into altcoins as well but I am sure that will go up too).

I have been working real hard to make most money I can possible make and put it all on cryptocurrency in general, some of it was bitcoin but I bought some altcoins and right now I am super in profit, even on a small scale investment compared to most of the whales in crypto world mine got up so high that it is literally one months salary in profit which was something I literally didn't expected at all. Hopefully the price will continue to go up so we can reap more profits.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: BrewMaster on May 13, 2019, 11:34:16 AM

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

sr. member

Activity: 882

Merit: 282

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

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

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

hero member

Activity: 1092

Merit: 523

Quote from: Barbut on April 10, 2019, 01:30:24 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

hero member

Activity: 2982

Merit: 610

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

full member

Activity: 602

Merit: 129

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

member

Activity: 980

Merit: 62

Quote from: adaseb on April 10, 2019, 02:04:17 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

legendary

Activity: 3808

Merit: 1723

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

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

Quote from: 2chase on April 10, 2019, 12:31:46 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

hero member

Activity: 1082

Merit: 502

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.

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: GregH37 on April 08, 2019, 11:00:18 AM

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

hero member

Activity: 1834

Merit: 566

Quote from: Natalim on April 08, 2019, 05:59:43 AM

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

Quote from: coinplus on April 07, 2019, 09:02:18 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

legendary

Activity: 1302

Merit: 1037

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

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

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

Quote from: coinplus on April 07, 2019, 09:02:18 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

hero member

Activity: 924

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: coinplus on April 07, 2019, 09:02:18 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

legendary

Activity: 1386

Merit: 1058

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

legendary

Activity: 2170

Merit: 1427

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

legendary

Activity: 3472

Merit: 10611

Quote from: StarofBTC on April 05, 2019, 12:33:16 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

hero member

Activity: 1050

Merit: 529

Student Coin

Quote from: StarofBTC on April 05, 2019, 12:33:16 PM

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

hero member

Activity: 1148

Merit: 528

Quote from: BrewMaster on April 02, 2019, 08:08:54 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.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: $anounimus$ on April 05, 2019, 04:39:42 AM

Quote from: Questat on April 04, 2019, 09:39:27 PM

Quote from: Questat on April 04, 2019, 09:39:27 PM

Don't you guys think this is still a trap?

Now that's going to create a a FOMO.

I don't care, I made profit and that's it, it's the nature of the market movement, sometimes it's manipulated but I guess it's up time soon.

Thanks for the poll, I cash my vote already and I am expecting that with this bull run that creates FOMO, we can go as high as $7,000 in this quarter alone.

I think only the blessings of FOMO will never be easy to reach the price of $ 7000 because surely price movements will go up and down and it is difficult to make the price to be expensive if there is no good news that can trigger a rise in the price of bitcoin.

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.

Gaff

hero member

Activity: 924

Merit: 502

Quote from: Questat on April 04, 2019, 09:39:27 PM

Don't you guys think this is still a trap?

Now that's going to create a a FOMO.

I don't care, I made profit and that's it, it's the nature of the market movement, sometimes it's manipulated but I guess it's up time soon.

Thanks for the poll, I cash my vote already and I am expecting that with this bull run that creates FOMO, we can go as high as $7,000 in this quarter alone.

Much better it it's higher than what we've expected for these days, FOMO or whatsoever. The important is we will benefit everything on what the outcome might bring towards bitcoin price increase. Don't lose hope and never quit with bitcoin, let's keep the situation as normal in times of unpredictable market. We may see good in physical monitor, but eventually it will not be in reality since bear market always dominated the recent price spikes which went down gradually.

$anounimus$

sr. member

Activity: 1610

Merit: 294

www.licx.io

Quote from: magneto on April 04, 2019, 05:59:51 PM

Don't you guys think this is still a trap?

Now that's going to create a a FOMO.

I don't care, I made profit and that's it, it's the nature of the market movement, sometimes it's manipulated but I guess it's up time soon.

Thanks for the poll, I cash my vote already and I am expecting that with this bull run that creates FOMO, we can go as high as $7,000 in this quarter alone.

I think only the blessings of FOMO will never be easy to reach the price of $ 7000 because surely price movements will go up and down and it is difficult to make the price to be expensive if there is no good news that can trigger a rise in the price of bitcoin.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: BrewMaster on April 02, 2019, 08:08:54 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...

I'm still not terribly convinced that this is necessarily the start of a new bull market, as some people have already jumped to conclusions about.

Exactly. But we can't stop those who jumped to that conclusions. They need something to spark and it looks like they have seen it and believed that this is a bull run in a making.

Quote from: magneto on April 04, 2019, 05:59:51 PM

We can already see some resistance at the $5k level that is keeping prices down right now. And I'd certainly agree with the fact that the bull rally is pretty much solely fueled by FOMO, and backed by close to no fundamentals. People have been waiting for a spark in the market, it seems.

At least, it slices the $4200 and $4500 resistance so easily and keep going until a big wall in front of us at $5000. Right now the price is playing around that price, and the only logical reasoning why it's hard to go over it is because there are speculators who are taking profits.

Quote from: magneto on April 04, 2019, 05:59:51 PM

But it does go to show that investors are at least somewhat confident in $3k as a floor, in my opinion. Though, even after the rally the probabilities of regressing down to $4k is present, but I don't think that we'll see new lows being made anymore. The second half of the year should see some pumps of similar nature, given that the halving is occurring in the first half of 2020, which again, will likely spark demand in the market.

That's the good thing though, it looks like $5000 will be the new lows for now. At least for now no more $3000-$3600. And the market seems to be alive, unlike in the last couple of months wherein it was sort of boring for majority.

d1ceplayer

sr. member

Activity: 686

Merit: 277

It will be a good thing if FOMO can continue to ginger more investors to come in instead of leaving it to manipulators, without FOMO input, the price might crash easily, whatever increase we wetness from investors out of FOMO has the tendency of staying longer in the market and being used for transactions because FOMO funds are mostly from genuine investors, although each of their investment might be little but the number of investors are what we need the most.

So, let whales continue to play their game, while investment through FOMO also contributes its own, I just hope that these genuine investors will not panic sell when the whales tries to crash the price again.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: dothebeats on April 02, 2019, 08:26:54 AM

Don't you guys think this is still a trap?

Now that's going to create a a FOMO.

I don't care, I made profit and that's it, it's the nature of the market movement, sometimes it's manipulated but I guess it's up time soon.

Thanks for the poll, I cash my vote already and I am expecting that with this bull run that creates FOMO, we can go as high as $7,000 in this quarter alone.

jazmuzika217

member

Activity: 476

Merit: 12

$1000 is a probable target, though from the looks of it, it looks like the movement has lost its steam and is now residing at the gentle arms of $4700 and won't be pushing any higher anytime sooner. The $800-$1000 price increase earlier was so abrupt that it looks like someone just bought a huge number of coins on an exchange and forgot that they might affect the market, although if that was the case, other people may have dumped their coins by now, but the price still stands to where it is until right now.

This is the power of big whale when they started to buy most people think this is the start of bullrun comeback but the reality people are being Fomo and follow the price momentum, if this up trend continue well we can say the bull run back butas of now until theres no confirmation youneed to observe carefully the market price.

magneto

hero member

Activity: 1666

Merit: 753

Quote from: BrewMaster on April 02, 2019, 08:08:54 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...

I'm still not terribly convinced that this is necessarily the start of a new bull market, as some people have already jumped to conclusions about.

We can already see some resistance at the $5k level that is keeping prices down right now. And I'd certainly agree with the fact that the bull rally is pretty much solely fueled by FOMO, and backed by close to no fundamentals. People have been waiting for a spark in the market, it seems.

But it does go to show that investors are at least somewhat confident in $3k as a floor, in my opinion. Though, even after the rally the probabilities of regressing down to $4k is present, but I don't think that we'll see new lows being made anymore. The second half of the year should see some pumps of similar nature, given that the halving is occurring in the first half of 2020, which again, will likely spark demand in the market.

Idrisu

sr. member

Activity: 924

Merit: 260

Quote from: BrewMaster on April 02, 2019, 08:08:54 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...

Fomo exist in every market and we most accept this fat in other not to taking unaware about the happening in the cryptocurrencies market. The whales are creating alot of FOMO in other to take advantage of those that did not know what influence the movements of a coins especially bitcoin.

Yaunfitda

hero member

Activity: 2870

Merit: 594

and now we are back above $5000 with a solid slower rise after the correction occurred. i believe it has been a bigger FOMO than i expected and now people are slowly coming back to the market buying bitcoin with the money they have been holding and waiting for the opportunity or signal of rising.
to be honest at this point i am expecting $6k range before the week ends.

Right, I'm under the impression that investors never really left and go to other form of investments. They are just waiting from the outside and wanted to come back if the market conditions improved.

And at the start of this month, the price shoots up, and then the FOMO started to come back because the price is still cheap at of the moment and everyone is scalping come back before the price goes into the $6k. So let's see how it pans out, I'm also expecting $6k at the end of the week, but $5.5 is not bad.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: Kemarit on April 04, 2019, 08:40:59 AM

and now we are back above $5000 with a solid slower rise after the correction occurred. i believe it has been a bigger FOMO than i expected and now people are slowly coming back to the market buying bitcoin with the money they have been holding and waiting for the opportunity or signal of rising.
to be honest at this point i am expecting $6k range before the week ends.

Many of them have beensilent about investing because they were still looking for the best spot to come in and hoping that the price will crash further for them to take advantage of buying it at low, forgetting the fact that we have real time players in the market who can make big changes when they move their funds into the market at any given time, we can see now that majority of them are not rushing to buy out of FOMO, but thank it is still a good time for them to quickly pick up any quantity they can pick so they don’t miss out from the next price you made reference to.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18748

It has settled around $5000 now. So I guess FOMO had stop a bit.

For now. If you look at the last time we went from $5k to $6k, or fell from $6k back to $5k, there has never really been much resistance at these levels. I suspect with the next upward movement, there will again be a lot of FOMO and we will rapidly jump up towards $6k. Not saying we won't correct downwards before that thought.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: ausbit on April 03, 2019, 12:32:44 PM

Quote from: tokeweed on April 02, 2019, 10:32:19 AM

~ snip ~

What? 20 billion dollars would be too much for just one person to pump into the market mate, even though I myself and many other including some analyst still cannot determine the main factor that contributed to this growth, which I believe will be visible to us soon.

So, I really doubt if it is as a result of just one big investor and if it is, I do hope it’s a genuine investor and not just a whale coming to raise our hope with the intention of dumping on us soon, but I want to strongly believe we got lots of investors for today that are also very rich to do so. Whatever it is, it’s a favorable condition to all of us that are BTC holdlers.

He didn't say $20 billion, the report says it's more of like $100 million to push the price above $1000 in short amount of time. It could be one people or several entities behind, but it was a well orchestrated play on their part.

Quote from: Rub3n on April 03, 2019, 02:22:17 PM

If the hype will start again just like last year then the FOMO would be to great, and create even more FOMO. I'm in for a FOMO train that escalates to a new all time high. Got the popcorn all stocked up for this summer.

We have some organic growth, not artificial and irrational buyers coming in just to get into the next hype train. We have seen that those who FOMO got burned easily and they are the first to bitch around the community saying they have lost so much money in the market. It has settled around $5000 now. So I guess FOMO had stop a bit.

StarofBTC

hero member

Activity: 1148

Merit: 528

It is very glaring here that the rapid increase in the price of Bitcoin was not an unusual one, FOMO must have really played out here and I am sure it will still play out again, many people aside those trading are actually doing more of holding now, especially those who started buying now as a result of FOMO, another one will be created which is expected to shoot bitcoin high to $7000 in a couple of weeks.

I don’t expect to see any form of panic sell for now because we have a lots of investors who are quite wiser now than the previous years.

Rub3n

hero member

Activity: 565

Merit: 501

S> Cheap SocialMedia Hype's

If the hype will start again just like last year then the FOMO would be to great, and create even more FOMO. I'm in for a FOMO train that escalates to a new all time high. Got the popcorn all stocked up for this summer.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: tokeweed on April 03, 2019, 10:06:57 AM

Anyway, it could be the right time to max out the cc to buy crypto again. Lololol. Cheesy

I wish this wouldn't happen (i.e. people investing with borrowed money) but it's certainly reality with how the price has gone up. Retailers are very sentiment driven, therefore buy because the price goes up, and sell or not buy because the price is going down. I was like that too in the very beginning. I bought the pumps and sold the dumps. Cheesy

The funny thing about retailers is when they start wondering why the price is going down when they buy and up when they sell. It doesn't come up in their mind to do the exact opposite after so many similar mistakes.

Theb

hero member

Activity: 1680

Merit: 655

Quote

none of the above (a slow rise)

I think this option in the poll should be ruled out as a 20%+ price increase in just two days doesn't show that Bitcoin is a "slow" mover. We all know that this price breakout is not the "slow rise" that we have been expecting for awhile now, this might just be the FOMO doing the price increase of Bitcoin now. If we really want to see Bitcoin not to repeat the 16 months of bear market we shouldn't be happy about this price break out now, so a correction at around 5,200$ to 5,500$ might just fix this price pump.

ausbit

legendary

Activity: 1330

Merit: 1019

Quote from: tokeweed on April 02, 2019, 10:32:19 AM

I wonder who the buyer (or buyers) was. I mean it looks like a guy or one group cos all that +20% rise happened in one go for a tad under two hours.

If you can find out who that is, I think you could at least figure out what's up and have some idea how far this really goes.

What? 20 billion dollars would be too much for just one person to pump into the market mate, even though I myself and many other including some analyst still cannot determine the main factor that contributed to this growth, which I believe will be visible to us soon.

So, I really doubt if it is as a result of just one big investor and if it is, I do hope it’s a genuine investor and not just a whale coming to raise our hope with the intention of dumping on us soon, but I want to strongly believe we got lots of investors for today that are also very rich to do so. Whatever it is, it’s a favorable condition to all of us that are BTC holdlers.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18748

Quote from: tokeweed on April 03, 2019, 10:06:57 AM

It's still a break out from its 3k - 4k USD range tho. Let's see how it pans out. It could be the start of a huge trend back to... I won't even say it (maybe ath. Lmao).

I was half hoping for another 3 year long bear market, to give me maximum amount of time to accumulate. A little upward movement towards $6k is fine, but I don't want another all time high for at least another year. I'd also much prefer a slow and steady climb up towards $20k again, rather than the ridiculous gains we saw in the last few days and during the bull run at the end of 2017. Those kind of price movements are neither organic nor sustainable.

fudster

sr. member

Activity: 1190

Merit: 255

Quote from: tokeweed on April 03, 2019, 10:06:57 AM

Quote from: tomahawk9 on April 02, 2019, 01:06:40 PM

Quote from: The Cryptovator on April 02, 2019, 08:55:53 AM

And its true today's sudden pump is due to FOMO.

I think the 'real' FOMO wave would've kicked in once people woke up and saw the big spike in the price (seems like the sudden increase happened around midnight in USA time, early morning in Europe) and we would've seen another big pump after the first thanks to fomo buyers and we probably would've reached 5k or even a bit more.

It's still a break out from its 3k - 4k USD range tho. Let's see how it pans out. It could be the start of a huge trend back to... I won't even say it (maybe ath. Lmao).

Anyway, it could be the right time to max out the cc to buy crypto again. Lololol. Cheesy

The sudden rise definitely sends signals to come back and invest ones again. Its another opportunity, just don't get your ass hanging when the bubble popped. This is however the earliest possible come back of the bulls, the last time it took them years but this time they just let a year and then back so soon?

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: tomahawk9 on April 02, 2019, 01:06:40 PM

Quote from: The Cryptovator on April 02, 2019, 08:55:53 AM

And its true today's sudden pump is due to FOMO.

I think the 'real' FOMO wave would've kicked in once people woke up and saw the big spike in the price (seems like the sudden increase happened around midnight in USA time, early morning in Europe) and we would've seen another big pump after the first thanks to fomo buyers and we probably would've reached 5k or even a bit more.

It's still a break out from its 3k - 4k USD range tho. Let's see how it pans out. It could be the start of a huge trend back to... I won't even say it (maybe ath. Lmao).

Anyway, it could be the right time to max out the cc to buy crypto again. Lololol. Cheesy

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

i expect a more slow rise from now on compared to big jumps and lots of FOMO buys and it sounds more logical to me too because we are getting out of a big and long bear market that has left the market damaged and the investors confidence in ruins specially with the latest drop which was unrealistic and scared people off.
also last time we were in the same situation, the rise had a spike and then it was mostly slower rises instead of spike-y rises.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: michellee on April 03, 2019, 12:42:07 AM

and now we are back above $5000 with a solid slower rise after the correction occurred. i believe it has been a bigger FOMO than i expected and now people are slowly coming back to the market buying bitcoin with the money they have been holding and waiting for the opportunity or signal of rising.
to be honest at this point i am expecting $6k range before the week ends.

If the situations can be like this, I am sure we can reach those number, but now, the price is back to $4800-$4900 and stay at that level. But there is a chance for the price to increase higher again as the line still goes up. The rise of bitcoin trigger the other coin to increase and some old coins has to adjust their price, and so do the new coins, and we can hope that it is the time for the bull to shows up to us.

While I am writing this, Bitcoin is sits exactly at $4,923.31. After it reached $5k yesterday, the price slowly crawled back to that figure a while ago.
So, do you guys consider this as a bull run or are you still looking for more signs of bull run? Or is this still an effect of FOMOing?

P.s anyway I voted for $1000 fomo.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino