Oldtimers, how does this rally make you feel?

[d5000]

Business as usual. But that is not necessarily a good thing.

Until the late 400s this rally looked quite healthy. It was a stable uptrend and should have continued this way. There was a bit of volatility, but Bitcoin was usable as a currency most of the time, for example for remittances. It didn't look like Bitcoin actually. Almost like a real currency.

But then greed came in and the community went euphoric. Too euphoric, I think. Because volatility went up to pre-2014 levels and Bitcoin was not longer usable as a currency. It was predictable, though, because of the halving event.

Don't get me wrong, I like the uptrend and expect a higher price in the future, but a stable uptrend with healthy corrections sometimes (with less than 10% loss) would be far more convincing and sustainable. If the rally goes on this way, then the top is near (or may be already in).

[Ibian]

It's speculation all the way to the top. Get over it. Looking forward to repeating this at quad digits.

[Junko]

Business as usual.

That's pretty much my mindset as a long term hodler who got to experience the 2013 ATH and the few before it. For hodlers like myself, the long term big picture is what matters. All the ups and downs and wild swings and periods of stagnation don't affect me. Downward swings in price are opportunities for buying and accumulating more and adding to my hodlings.

It does feel good to see the general overall trend is upwards.

[WaffleMaster]

This rally makes me feel very hopeful for the future or Bitcoin as a currency. Right now it is more of a stock/commodity, which is fine because we can still use it like currency whenever we want to trade it for goods and services seamlessly and with little fees, but I really am excited because the the halving which will make the coin one step closer to being stable.

[Bit_Happy]

When Bitcoin finally recovered to ~$7 (after crashing from ~$32 to $1.99992) it looked high and I sold "way too many".
Mistakes like that cannot be reversed, but it is still exciting to see Bitchcoin  doing so well.

[hermanhs09]

I think that something volcanic is happening right now since the price has been going up nonestop and I believe that the all time high of bitcoin price will be broken a few months after halving.

And to the oldtimers that bought BTC in 2013 at over $1000 - BTC price is already over $1000 in AUD terms, don't you worry

[alyssa85]

I think that something volcanic is happening right now since the price has been going up nonestop and I believe that the all time high of bitcoin price will be broken a few months after halving.

Nothing volcanic is happening - it's a pump and the "action" is happening purely on the exchanges. If you look at the chart for transactions in the last 24 hours, it is about 245,000, which is where it has been for months. There is no new adoption or new users in that statistic.

https://bitinfocharts.com/comparison/transactions-btc.html