I SMELL FOMO

[BitcoinPanther]

The bull is definitely here, there will definitely be FOMO in the air by the end of 2019. I predict we’ll see seriously bullish action as we near the halving.

I agree, the possibility of Bullish market is huge now.  As I said, panic seller are almost gone, those who sold probably are trying to short thinking that  price will go down, but the sentiment is quite bullish. If we see series of higher lows, then the possibility of FOMO is high.  If you check the history, there is always series of higher lows during bull run and before Bitcoin make a huge increase in price.

[gabmen]

The bull is definitely here, there will definitely be FOMO in the air by the end of 2019. I predict we’ll see seriously bullish action as we near the halving.

I agree, the possibility of Bullish market is huge now.  As I said, panic seller are almost gone, those who sold probably are trying to short thinking that  price will go down, but the sentiment is quite bullish. If we see series of higher lows, then the possibility of FOMO is high.  If you check the history, there is always series of higher lows during bull run and before Bitcoin make a huge increase in price.

Lol. Keep telling yourselves that guys. Bulls are probably making bets whether we'll bite the fomo or not. I highly doubt that it's the bulls doing and we're already im the bull market. It's neither the bulls nor the bears now. At least we're done with the bear trend.

[STT]

Its a bullish market and it'll still be bullish if we pull back to 4600 or so but people focus a little too much on the short term.     The only real thing that matters is the peak of the prices rising or not and also the low of the price, are they rising regularly also.    That is occuring but its only been like 2 months so dont jump the gun.

Right this moment its closer to the series of peaks, I will be more bullish when it retains the rising lows and we are near there but overall people are less optimistic when price falls a bit.   Ironic because the price being less is the time more to buy then price risen already like is true right now

[cryptjh]

I think we will see many green days the next 5-6 weeks, it seems like people are buying bitcoins in exceptions that some major news will be announced at the bitcoin consensus in may. And even if we don't see any major news, the bull run doesn't have to stop, with just one year left before next halving we most likely have seen the bottom already.

[sandra_x]

Yea, I feel a lot of persons FOMOed already as the spike in bitcoin seem to have coincided with SEC issuing some guidelines as regard ICO. Trade volumes were at an all time high,even better than values we had at the last bull market. We may see more FOMO is the price grows higher.

[Taki]

I'm not sure what is exactly happening with bitcoin and what is the reason of its sudden raise.
Do any of you saw like a new that bitcoin raise due to some guy invested a, lot in it on the 1st of April. Does it sounds trustworthy for you?

[Pagri]

I believe that this sudden jump is legitimate, because in reality I think that things in the crypto ecosystem are not going as bad as the market seemed to be indicating. However, I am not so optimistic to think that an aggressive bullish trend has started, and we should be ready to see new ATH soon. Rather, I think that this jump was a readjustment in the face of very undervalued prices, and possibly the market will stabilize again for many weeks until the next jump.

[shoreno]

Yes its been there . bull run did already started after the price reach 4k usd and now the bull is getting bigger and better , this triggers fomo to some .  speaking of fomo , fomo is already been there even before when cryptos are in their bear state  .  cryptos are too good to resist  .

I believe that this sudden jump is legitimate

yes its legit because what you see is what you get  .  once the price rise its rising but its it falls , it falls and that is normal because there lots of users that will sell thier coins . there is no such thing as bull  imo .

[adaseb]

Well according to Google trends, it has the 2nd highest interest since November 2018 crash. Since November was a bearish month, I think there was no FOMO there because people were scared to invest.

So maybe this will get the ball rolling and create another FOMO event. However I am thinking it will be a repeat of April 2018 where we got that $1000 day and then kept going higher and higher and higher, and everybody assumed we would hit $10K, and we came close but never broke above it.

It was a bad month because it was a huge bull trap and left many investors with huge losses when it went lower the following month later.

Either way, if history is to repeat itself then we should rally for at least 2 more weeks. Especially the alts like BCH and ETH.

[STT]

I thought April 2018 was about the tax year and people booking gains for tax purposes, this effect culminating around this time and then allowing a relief rally

Of course this year we have a different stance, the main sell in the autumn coming from other factors; I think stronger dollar and higher rates had some influence as it did with stocks also.     Into April we dont have large gains to book in and maybe that effect isnt there in the same way.     It would be confusing if this were the high for now but my main take for 2019 is not very large gains, I think we continue to deal with the 6500 area and also must turn around the 200 day average which is slow to do

Does it sounds trustworthy for you?

Theres news of SEC guidelines for IPO and other similar crypto factors, though its largely a warning some take it as compliance on crypto being a long term factor in finance.

[Indrawan77]

I doubt that this is the bull run, because the rising is a bit suspicious and the price keep on going up in this few days, this is a great moment after a long bear market but I still think this is a bait, I am hoping that I am wrong, but there are nothing that trigger this rising, so I think there will be a correction soon

[The Sceptical Chymist]

FOMO has to come during a serious price increase, which is what we're starting to see right now.  It's still way too early to tell if this is something serious brewing or whether the bump was just one whale (or a group of whales) buying a ton of bitcoin.  If that's the case, there's not going to be any real support for the price, and it could drop back down--who knows.  But as far as FOMO goes, there has definitely been some of that.  It'll always happen when bitcoin jumps 25% in a matter of days.  Everyone expects it to just keep rising and missing out sucks. 

I don't think fear is a good emotion when dealing with investments, and I try not to let it affect me.  It's gotten much easier the longer I've been into crypto, because I've seen some crazy-ass price swings in that time, and I realize that I'm not going to be missing out on much in any given week or even a month if I don't buy in (or sell). 

[DeathAngel]

FOMO is a beautiful aroma but I don’t quite smell it yet. Expect real FOMO to come a few months after the next halving when the price will probably break $10,000 again.

[lablab03]

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??

the bull is back actually but probably not good for long run because more people now start spreading false information about this improvement," just to intimidate buyers especially holders" . Actually i don't know the real reason behind of some FUD's wherein why they are always want bitcoin is down probably its a big opportunity for them to ride or to buy in cheap prices again. .? I'm wondering to be honest because mostly want bitcoin to go up but fuds want to end it immediately.  Lol but yes their tricks is very affective even though it didn't have enough proofs and etc.

[1Referee]

FOMO is a beautiful aroma but I don’t quite smell it yet. Expect real FOMO to come a few months after the next halving when the price will probably break $10,000 again.

I'm sure that with how people expect the price to go up in one straight line, they'll wonder why the price didn't rocket up after the block halving, while in reality we have gone up a lot in advance of the event already. What investors do is front run the actual event, then potentially sell the news. It happened the previous time as well, people literally asked when the price will go up.

Things will get worse this time with how the current layer of adoption is worse than the previous one, and it will comtinue to go south after every bull run where we're coming closer and closer to the most trashy layer of mainstream adoption. These baboons don't care about anything that gives Bitcoin value. They just want to see the price go up 100% before the end of the week.

[Baofeng]

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??

the bull is back actually but probably not good for long run because more people now start spreading false information about this improvement," just to intimidate buyers especially holders" . Actually i don't know the real reason behind of some FUD's wherein why they are always want bitcoin is down probably its a big opportunity for them to ride or to buy in cheap prices again. .? I'm wondering to be honest because mostly want bitcoin to go up but fuds want to end it immediately.  Lol but yes their tricks is very affective even though it didn't have enough proofs and etc.

No, I don't think that even FUD will stop those who FOMO right now. Even in a bull run there will be negative news, but investors doesn't give a s**t, because they know it can't hurt the market because of the huge expectations.

And it looks like there are those who don't want to miss the train. Jumping on-board again as the price keeps going up. Actually it has broken another mental barrier, $51xx and remain relative stable.

[Oceat]

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??

Who knows? It might be some bull trap or just a small start of the bull run. All we could do is to hope and wait, what could be the markets plan to us traders and hodlers. Just a little bit of waiting and i think there is something that pushes the price of Bitcoin to continue to grow. I'm glad someone did since it will save the market from drowning to the bottom.

[klaaas]

It could be a nice kick starter to gain some more positive vibes for crypto in general and to keep a rising line on the chart with more events/spikes like this. There is always a part that only buy to ride the wave but those sell the quickest most of the time.

[BitcoinHodler]

i wouldn't call this a FOMO anymore because it seems to me like the confidence has come back to the market and people who were either scared of more drop or greedy for it, have stopped waiting around (most of them anyways) and are not starting to slowly buying more bitcoin before they miss out the chance of buying it at these low prices (in 4 digits). and that is why we still are seeing the constant rise every day and the current price is nearly $5300

[buwaytress]

Hush now, don't let the people hear/see/smell/feel you. I think Mr Binance CEO probably jumped the gun when he used that F-word, he seems like the new McAfee in some ways, the way people seem to play tag with his catchwords. Gotta say, the numbers are all there, and so are the fundamentals. But it still feels like too soon. I know it's FOMO when some of the supposed ex-supporters change their mind again. That could be around the corner, could take a year still. Waiting for that 1 tipping point.