The pump is not embracing only Bitcoin but.many altcoins too and I don't think we had similar situation before.
It happened in 2013 where certain altcoins got pumped sky high. Currently with Bitcoin you can talk about a more than decent increase, but when it comes to the altcoin market, it's a massive bubble. Look at Ether for example -- this token reached $173 today. Please, what dumbo buys Ether at current levels? It's embarrassing and shocking how certain people are willing to expose themselves to such insane risks....
We already know that altcoin is just a pump and dump market. Some are now speculating that Ether would reach $200??? I don't know who in their right frame of mind would buy it today at that price because it will suddenly go down, losing all your investment. As opposed to bitcoin that gradually building its price to the current levels that we have now.
I don't know which is correct in thinking they'll buy it today that price because it will suddenly drop, lose all of your investment. As opposed to a bitcoin gradually build price to the current level that we have today. and maybe it just went down, we could see 2 day prices will rise again as our expectations
