I SMELL FOMO

[Pursuer]

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.

what people publicly say is of no significance. they say all kinds of crap publicly while doing a completely different thing in their privacy. those "ex-supporters" you have in mind have already been filling their bags with bitcoin while price was much lower than this at the bottom while shouting their doomsday predictions of $1000 and less. and these McAfee type people who constantly talk about bitcoin are only advertising their own business in social media, after all that is how they pumped their useless centralized token last month.

[Idrisu]

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

To me the bull is here and it is not FUD or FOMO.  We can see steady grow in bitcoin and others cryptocurrencies market price since the middle of last month and it is still growing.  Bitcoin may cross $6000 this week and it means if you have bitcoin you should keep holding it. 

[shesheboy]

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

To me the bull is here and it is not FUD or FOMO.  We can see steady grow in bitcoin and others cryptocurrencies market price since the middle of last month and it is still growing.  Bitcoin may cross $6000 this week and it means if you have bitcoin you should keep holding it. 

the price is growing but its not steady because the price falls and it recovers again after a day or two  . this is a bull run for me , i dont know if what others are thinking  .  like what you have said . bitcoin may cross 6000 usd but that does not means that everyone will be hodling thier coins  because this price point that we currently experience is already a good oppurtunity for some to sell thier coins because they bought thier coins at a lower rate  .  those people that continue hodling are maybe greedy or they just bought thier coins at a much higher price  .

[Viscore]

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

To me the bull is here and it is not FUD or FOMO.  We can see steady grow in bitcoin and others cryptocurrencies market price since the middle of last month and it is still growing.  Bitcoin may cross $6000 this week and it means if you have bitcoin you should keep holding it. 

If the price does not move on a natural way that can be associated because of the FOMO.
Well, hopefully you are correct that BTC would reach $6,000 anytime soon as that was the price where I thought BTC already dip.

[talkbitcoin]

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

To me the bull is here and it is not FUD or FOMO.  We can see steady grow in bitcoin and others cryptocurrencies market price since the middle of last month and it is still growing.  Bitcoin may cross $6000 this week and it means if you have bitcoin you should keep holding it. 

If the price does not move on a natural way that can be associated because of the FOMO.
Well, hopefully you are correct that BTC would reach $6,000 anytime soon as that was the price where I thought BTC already dip.

although not reaching $6000 right away is no indication of FOMO or anything like that but i have to say we are already seeing a lot of positive signs in the market that is a pointing towards the recovery that we were waiting for ever since price went below $6k a couple of months ago. and from there we can be sure of the beginning of the next bull run to reach $100k+ in 1-2 years.

[Malsetid]

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

To me the bull is here and it is not FUD or FOMO.  We can see steady grow in bitcoin and others cryptocurrencies market price since the middle of last month and it is still growing.  Bitcoin may cross $6000 this week and it means if you have bitcoin you should keep holding it. 

If the price does not move on a natural way that can be associated because of the FOMO.
Well, hopefully you are correct that BTC would reach $6,000 anytime soon as that was the price where I thought BTC already dip.

although not reaching $6000 right away is no indication of FOMO or anything like that but i have to say we are already seeing a lot of positive signs in the market that is a pointing towards the recovery that we were waiting for ever since price went below $6k a couple of months ago. and from there we can be sure of the beginning of the next bull run to reach $100k+ in 1-2 years.

It's all very confusing especially if you haven't been long in the market yet. There have been movements like this not long ago when people are already screaming bull run after a good rise in value, only to get themselves disappointed with a correction that brought them back to where they started. Fomo can easily turn to panic with a single fud and a steep correction.

[600watt]

FOMO it is, the current fees and inflated mempools tell it all (if you're into non-trading statistics).

I honestly didn't expect that almost 5k surge and didn't bought at 4ks.
Actually, I sold some yesterday and expecting a correction, there's no news that's can cause this price surge (perhaps, Luke's April Fools BIP?).

yeah, some social media monitoring bots bought this maybe... 

[justspare]

what people publicly say is of no significance. they say all kinds of crap publicly while doing a completely different thing in their privacy. those "ex-supporters" you have in mind have already been filling their bags with bitcoin while price was much lower than this at the bottom while shouting their doomsday predictions of $1000 and less. and these McAfee type people who constantly talk about bitcoin are only advertising their own business in social media, after all that is how they pumped their useless centralized token last month.

Which side are you mate ? Because, I don’t seem to get you, are you for Bitcoin or against Bitcoin? How will the people filling their pocket with bitcoin still shouting a prediction of $1000 or less, what would they stand to gain, if you say the have filled their pocket with BTC, then they must have filled it when the price was way above $2500, so I don’t see the sense in them predicting a further decline for it if they have accumulated more.

MCafee, whether he is promoting his own coin or not, the most important thing is that whatever positive thing they still say has so much effect on BTC, they have believer and loyalist who would believe anything they say and I believe that whatever mcafee predicted must have created FOMO in one or 2 persons that made them invest.

[eaLiTy]

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

It is neither a bull run nor a bait, it is a recovery process from the bottom position we were in and that is how the market is, just take a look back at the market rallies in both directions and you will understand how long it takes for the recovery process to get to the bull run, it might need a year to see the real bull run, until then we will see the market recovering and will have small corrections in between and wait for the market to touch another all time high valuation in a couple of years.

[STT]

You smell the meal before its cooked and ready to sit down to eat  , is all I would say really.    I think its going to need to stew just a bit more to really be on the boil.    Outside of my corny food analogy I would still be describing this as a digestive structure to the market move, its just the most likely next stage to occur.   Its not a negative to revise previous price movement, as we saw in 2017 it fell back often but it was in fact still very bullish while doing so.    

There is alot of space for price to be retracing and restocking before continuing up.   I only expect it to be clashing swords at the 6000 heights right now if market was seriously misplaced or caught off guard by news of developments, of some clearance on ETF and so on.  Its possible but I think for now its stewing

[philipma1957]

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.

yeah  i pushed all my 2017 gains into 2018  via rise of inventory holdings .  I then sold off in  late 2018  taking a break even year.  This year I am expanding holdings as I am bullish and I am merely reinvesting my 2017 gains.

My vote would be I don't care if it is bull yet.

[NavI_027]

Oh! You made me look to CMC to check the price (it's been a while) and I can't believe it, the graph rise so high. What an uptrend . For me it can be considered a bull run already but the question is how long will it lasts?

Hmm, if you can invest now then do it because you might regret if you didn't . Take risk if you can afford, who knows it will rise further and make lots profit from it. If I just have an ectra money right now, I will definitely convert it to btc without any hesitation because I can feel that the market is now in continuous recivery.

[South Park]

what people publicly say is of no significance. they say all kinds of crap publicly while doing a completely different thing in their privacy. those "ex-supporters" you have in mind have already been filling their bags with bitcoin while price was much lower than this at the bottom while shouting their doomsday predictions of $1000 and less. and these McAfee type people who constantly talk about bitcoin are only advertising their own business in social media, after all that is how they pumped their useless centralized token last month.

Which side are you mate ? Because, I don’t seem to get you, are you for Bitcoin or against Bitcoin? How will the people filling their pocket with bitcoin still shouting a prediction of $1000 or less, what would they stand to gain, if you say the have filled their pocket with BTC, then they must have filled it when the price was way above $2500, so I don’t see the sense in them predicting a further decline for it if they have accumulated more.

This is really simple, there are investors out there that are making statements against bitcoin and yet they are investing millions of dollars in it, they are doing this because they expect that the price of bitcoin goes down during the short term and they can get a better price for themselves, while this may not seem to make sense during the short term it makes sense when you look at it from a long term perspective, they are expecting that the price of bitcoin will eventually recover which will make their profits even greater in the future.

[Natalim]

Oh! You made me look to CMC to check the price (it's been a while) and I can't believe it, the graph rise so high. What an uptrend . For me it can be considered a bull run already but the question is how long will it lasts?

Hmm, if you can invest now then do it because you might regret if you didn't . Take risk if you can afford, who knows it will rise further and make lots profit from it. If I just have an ectra money right now, I will definitely convert it to btc without any hesitation because I can feel that the market is now in continuous recivery.

Though we cannot guarantee that investing now would give profit, but like you I would also suggest to invest as this could be the last time
we will see a cheap price. Not everyone are already convince that it's a bull run already, some might think it could be a trap, but I hope they will see this opportunity and will stop doubting what bitcoin is capable of.

[Xenrise]

Being optimistic in the market, I can say that the bull is here and having a jump from $4100 to $4600 to $5000 is a good start. But, I guess that if btc will continue this, this will serve us great profit for our trades especially those people who bought below 4000. Regardless of the FOMO, I think that we should not put our mind about it since everytime is always an opportunity for us to make trade in btc. Because Btc and alts will just go up in the future.

[Herbert2020]

Because Btc and alts will just go up in the future.

just because bitcoin is going up and has a solid future it doesn't mean altcoins do too.
you can check out the altcoin graveyard to understand what i mean. most of the altcoins that exist today are already on a death spiral and many of them that got pumped in 2017 are already dead specially the ICO tokens. and the rest are following them into the grave while being replaced by newer shitcoins.

[cydrix]

This might not be considered as good omen for loyal investors on Bitcoin but on things for sure there are little to nothing advertisements about bitcoin for these past months and that infact scares me why? Because how could you feel the FOMO if you already forgot Bitcoin or lose the interest on watching every now and then.

[enhu]

It keeps going up. FOMO is there. I wouldn't be surprise if all are going to be buying in the next few months, history might just repeat it self again like what happened last 2017. But then it might just be a hell again after the bullrun because when bulls are going to take profit, prices will once again plunge itself to the ground maybe even deeper.

[NeuroticFish]

Bart Simpson shape is just around the corner. We may have the bull trap or not. I am not sure what is going to be next.

The ones voting for bull run or bull trap: can you please lend that crystal ball for an hour or so?

[dark08]

It keeps going up. FOMO is there. I wouldn't be surprise if all are going to be buying in the next few months, history might just repeat it self again like what happened last 2017. But then it might just be a hell again after the bullrun because when bulls are going to take profit, prices will once again plunge itself to the ground maybe even deeper.

Before a hard down happen then exit and take profit like what whales will do like what you said FOMO is always on the market I believe also in this statement because when people saw a good run on bitcoin then they fallow the flow and buy bitcoin, if this pump up continue for a weeks I guaranty to you bulls are back and take in to action.