THE FOMO!

[STT]

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

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

[Dreamchaser21]

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

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.

[Distinctin]

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.

FOMO will be higher if we will have a new ATH, every time we break an ATH, there's always big FOMO happening.
Our situation now is different, we came from a long correction and we are just recovering, so maybe if we will reach $20K soon, we can expect some FOMO.

[EastSound]

The Fomo might did not start since media doesnt talk about bitcoin much, we still need a higher price to tickle the interest of other financial institutions. They are still skeptical about the sudden increase of value in the market.

[Sanitough]

The Fomo might did not start since media doesnt talk about bitcoin much, we still need a higher price to tickle the interest of other financial institutions. They are still skeptical about the sudden increase of value in the market.

They'll talk when the price pump hard, the market does not rely on media because whales can alone manipulate the price.
Maybe when we are close to our ATH, the media will begin to hype crypto and potential investors will come again especially the new one.
The market is still good now despite a dump that happen lately, it was able to stay at $7000 which is a major improvement compared to last month's price.

[samcrypto]

The Fomo might did not start since media doesnt talk about bitcoin much, we still need a higher price to tickle the interest of other financial institutions. They are still skeptical about the sudden increase of value in the market.

But a lot newbies are on trap again on the level of $8200 since they just came here for a reason of FOMO and didn’t even make any analysis. I’m not saying that bitcoin will not recover to $8k level and above, but acting without any preparations is a bad habit. FOMO can lose your money, the recent pump is just a retest to make a good run and short corrections happens, next FOMO will beging again on $10k level.

[Pattart]

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.

FOMO will be higher if we will have a new ATH, every time we break an ATH, there's always big FOMO happening.
Our situation now is different, we came from a long correction and we are just recovering, so maybe if we will reach $20K soon, we can expect some FOMO.

FOMO will continue to occur if these positive conditions continue, look at this thread made last month and in fact FOMO make price rise more than $4k. and the price broke through $8k, rising very quickly in a short time, who are investors who are not interested in buying seeing the speed of price increases?

[Whaleagent]

The Fomo might did not start since media doesnt talk about bitcoin much, we still need a higher price to tickle the interest of other financial institutions. They are still skeptical about the sudden increase of value in the market.

But a lot newbies are on trap again on the level of $8200 since they just came here for a reason of FOMO and didn’t even make any analysis. I’m not saying that bitcoin will not recover to $8k level and above, but acting without any preparations is a bad habit. FOMO can lose your money, the recent pump is just a retest to make a good run and short corrections happens, next FOMO will beging again on $10k level.

Doubt there are many newcomers buying right now, the price action wasn't enough to attract a big enough crowd of newbies. The small amount of newbies who are buying right now is not affecting the price whatsoever, it's still the big players playing the game right now, the search results for bitcoin went up but are still waaay lower than they were in 2017.