FOMO IS REAL

[Wind_FURY]

You guys have no idea of what FOMO  actually looks like in a TA.

Maybe go back to playing wow in moms basement instead of sprouting this nonsense.

FOMO is exactly what XRP and STR look like in the graph. It is very scary to take part in it if you do not have any experience dealing with it. I am very sure many amateur traders are losing money right now who are tricked in buying at the top.

Kwukduck, what do you think of Bitcoin's price right now? Will it still crash below $500?

[1714247600]

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[Duzter]

From the entire thread FOMO is exactly taking place with most users who are hard earning community through trading. As the uncertainty prevails throughout the fear accompanies the users. But to fall below $500 is not gonna happen as the growth seems sustained.

[Silberman]

FOMO shouldn't just be viewed as desperate and sudden thing.  Some investors (especially in Japan where some are more tech-savvy) are starting to realise that Bitcoin has a big future, as an asset or a currency or for wider applications or really anything else, and they're flowing in knowing that this will be a low price in a few years' time.

lets not forget that Japan was the land of Mt Gox and they took a big hit after the big scam and they were out of the game for a long time. and now they are coming back, with a lot more faith and surprisingly with an open arms.
and we won't probably see their effect this soon but it is there and there will be a solid rise in real demand for bitcoin as new people with new money come in.

and lets not forget that Japan will soon host the Olympics games and that will be a huge publicity to the whole world as people go there with their foreign money and "Bitcoin is accepted here" signs will be everywhere and easy for them to just use bitcoin instead of exchanging their money.

The Olympic games can be a great opportunity for bitcoin to gain attention since people all over the world will go to japan to see the games and that will give great publicity to bitcoin as people try to pay for souvenirs and all kind of stuff you can buy at the Olympic games.

[RoommateAgreement]

FOMO shouldn't just be viewed as desperate and sudden thing.  Some investors (especially in Japan where some are more tech-savvy) are starting to realise that Bitcoin has a big future, as an asset or a currency or for wider applications or really anything else, and they're flowing in knowing that this will be a low price in a few years' time.

lets not forget that Japan was the land of Mt Gox and they took a big hit after the big scam and they were out of the game for a long time. and now they are coming back, with a lot more faith and surprisingly with an open arms.
and we won't probably see their effect this soon but it is there and there will be a solid rise in real demand for bitcoin as new people with new money come in.

and lets not forget that Japan will soon host the Olympics games and that will be a huge publicity to the whole world as people go there with their foreign money and "Bitcoin is accepted here" signs will be everywhere and easy for them to just use bitcoin instead of exchanging their money.

I doubt if "Bitcoin is accepted here" signs are ubiquitous enough for foreign tourists to use them. But if it does happen, especially before a big event like the Olympics, it could provide a big boost for Bitcoin. Of course, it depends on merchants not short-changing bitcoin users - i.e. not charging higher prices in bitcoins when compared to yen.

even if nobody uses it, and they just see the signs and start googling about bitcoin and see what it is and find out more about it, i say it is more than good enough.
besides i believe that no matter how the merchants are going to price their things they will still be more convinient to be bought with bitcoin than with Yen.
i personally prefer carrying around my bitcoin wallet rather than my physical wallet with Yen in it or a credit card,... for spending.

[BitDane]

i personally prefer carrying around my bitcoin wallet rather than my physical wallet with Yen in it or a credit card,... for spending.

I feel the same way too, I would prefer to carry my old model smartphone with my bitcoin wallet on it than carrying my physical wallet.


When a price is seen rising people have a tendency to think that the bitcoin will increase further so they hurry to buy and create a buy panic with FOMO in their mind.  They want to get in as soon as possible and have most of the stuff they can have.

[Searing]

i personally prefer carrying around my bitcoin wallet rather than my physical wallet with Yen in it or a credit card,... for spending.

I feel the same way too, I would prefer to carry my old model smartphone with my bitcoin wallet on it than carrying my physical wallet.


When a price is seen rising people have a tendency to think that the bitcoin will increase further so they hurry to buy and create a buy panic with FOMO in their mind.  They want to get in as soon as possible and have most of the stuff they can have.

That is the question..is the FOMO happening because of adoption.....I must FOMO before the price goes up due to adoption/demand in the future ..with limited coins and real world use
being the calculations on my FOMO and running to buy

or

is the FOMO mostly speculative...and not really needed all this hype/drama and speed to jump on the bitcoin train..in other words plenty of time yet at lower prices say for btc
so all this current FOMO is a bubble and not really needed to play 'catch up' as eveyone buying feeling because of FOMO

time will tell

chump or champ

[LFC_Bitcoin]

Too many posters here be like