Where's FOMO at? Tom Lee

[Baofeng]

I'll take a page from bbc.reporter. 

Tom Lee recently had a poll to see what price is the FOMO?

It looks like $10k, according to the votes. I should have voted for "Now!!!".  . What do you think guys? Is $10k the FOMO price?

https://twitter.com/fundstrat/status/1127368266496630784

[Kemarit]

LOL, Tom Lee is permabull so what do you expect? I wouldn't vote neither or any of the choices.  There will be FOMO at different stages as the price increase as well. But I guess FOMO had died down in the last couple of days though, the price goes and settled around $8000 now. But there will be FOMO that's for sure, when the price started to pick up again and run up to $10000.

[bbc.reporter]

@Baofeng. I already moved on from Tom Lee. The funny bitcoin speculation news publication is now all about Tone Vays and Vinny Lingham hehehe.

Tone has sold some of his hodl position. I am skeptical, however.

https://www.chepicap.com/en/news/9748/tone-vays-on-the-bitcoin-surge-it-just-doesn-t-feel-right-i-.html

[Pamadar]

Tom Lee still got some audience and if those who followed him will continue to believe then chances that this value can be a good turning point to see the fomo's,but it's still up for everyone to be responsible in terms of investing their money this is just another speculative guess and not the accurate one.

[boyptc]

Few years ago I've been amazed on how he assess the market but now, everyone grows and becomes mature.

I'm done with his words and predictions. We'll then see if his followers will actually see what Tom's had with his SWAG.

[pooya87]

FOMO is not something that happens once and at a particular price, FOMO is happening every day and at all prices and we have many different types of it with different levels of "fear".
for example when price reversed out of $3100 we had a FOMO, but a small one as price went up to $4.2k and the "fear" factor in that was small too. but then when we broke the $4.2k resistance the bigger FOMO began and price shot up to above $5k. then we have seen 2 more FOMOs as price kept pushing upward and as people "feared" more and more about how they were missing out on the rise.

so in other words from the bottom ($3.1k) up to $8k+ we have already had multiple FOMO cases with at least 2 big ones. and we will continue seeing different types and levels of FOMO.
$10k breakout will be newcomers mostly and a moderately size FOMO, the $21k breakout will be a lot more newcomers and a much bigger FOMO and finally the biggest FOMO will occur near the end (similar to 2017 and the rise from $9k to $20k in one month) possibly at $80k to $100k.

[Yaunfitda]

Tom Lee still got some audience and if those who followed him will continue to believe then chances that this value can be a good turning point to see the fomo's,but it's still up for everyone to be responsible in terms of investing their money this is just another speculative guess and not the accurate one.

As someone has said, we can't really measure FOMO here, FOMO could be much earlier, as early as February when the price started to make a bounce.

It was just evident, in the last couple of weeks because of the obvious massive pump, so I wouldn't be concerned about those who love to FOMO. It's an speculative asset so expect that the levels of FOMO will be align with how the price move.

[CryptoBry]

LOL, Tom Lee is permabull so what do you expect? I wouldn't vote neither or any of the choices.  There will be FOMO at different stages as the price increase as well. But I guess FOMO had died down in the last couple of days though, the price goes and settled around $8000 now. But there will be FOMO that's for sure, when the price started to pick up again and run up to $10000.

Yes, FOMO can exist at all levels even when bitcoin was just around $4,000 but maybe there was no critical number of people yet at that level that is why FOMO was not yet heard at that time. I am actually amazed that FOMO has not yet became a popular term in this bull run relative to what happened in 2017. Maybe we are now having a little bit different and more mature cryptocurrency players than in the past so people can not anymore be swayed that easily...and maybe this can be a good sign of more stable things to come with this marketplace. I am guessing that FOMO can be more visible once bitcoin can go as high as $15,000 and beyond.

[DoublerHunter]

^ Yeah right, we already had on FOMO when it is breaching the price of bitcoin above $8k dollars. From this massive increased from the bottomed price($3.1k) to ($8.2k), I think the FOMO was already there. Then, now we have a small correction which probably it will trigger again to have a FOMO and break the barrier of $8K to $9K or it will be more to $20k who knows. In this case, we can't conclude and measure where's FOMO at, as long as we have seen the market growing up we may consider as a FOMO.

[Jating]

^ Yeah right, we already had on FOMO when it is breaching the price of bitcoin above $8k dollars. From this massive increased from the bottomed price($3.1k) to ($8.2k), I think the FOMO was already there. Then, now we have a small correction which probably it will trigger again to have a FOMO and break the barrier of $8K to $9K or it will be more to $20k who knows. In this case, we can't conclude and measure where's FOMO at, as long as we have seen the market growing up we may consider as a FOMO.

Right, the massive increased we have seen from April to May was really astonishing to say the least. So there have been FOMO right along that price leaving up to that $8k levels.

Unfortunately, the price is down, but we will see, another set of FOMO will come in and probably could push the price to $9k-$10k. So there's no measurement whatsoever, and it will led to more FOMO as the price continue to increase in the future.

[buwaytress]

@Baofeng. I already moved on from Tom Lee. The funny bitcoin speculation news publication is now all about Tone Vays and Vinny Lingham hehehe.

Tone has sold some of his hodl position. I am skeptical, however.

https://www.chepicap.com/en/news/9748/tone-vays-on-the-bitcoin-surge-it-just-doesn-t-feel-right-i-.html

I actually normally don't follow these guys but the fact I recognise their names probably means I have been acting out of normal boundaries these few months! I think Mr Lingham had just said the raging bull would be confirmed if Bitcoin managed to stay above 6500 for the next 48 hours... That was last weekend I believe, before he got caught out conpletely by 8k so he has no choice but to ride this out now and hope he didn't FOMO too early.

Oh and OP, 11k is FOMO level for me. But only until 15k before people pretend they've wisened up and TP.

[1Referee]

Tone has sold some of his hodl position. I am skeptical, however.

https://www.chepicap.com/en/news/9748/tone-vays-on-the-bitcoin-surge-it-just-doesn-t-feel-right-i-.html

Tone Vays is such a toxic moron. Too bad some people consider him to be a Bitcoin guru or expert.

I never liked Tone Vays to begin with, but when he said that people like Tim Draper need to sell all their coins before the bottom is in, I started disliking him even more. Tim Draper did more for Bitcoin than Tone Vays will ever do. All Tone Vays is doing is wait for gamblers to use his Bitmex ref link and noobs watching his live streams to donate him a few bucks.

You fuck off Tone, you won't be missed.

[wheelz1200]

$10k is a major psychological price point.  Whether or not it's the "fomo" price I dont know.  Once we get back to $10k though there will be a lot of mainstream news on it so that might be the point which stems fomo.  The ultimate domo point is a notch above all time high, then massive news will be in on it that's when normies will get triggered

[Slow death]

Imagine that up to a few months ago the price was stagnant at $3100 and suddenly the price increases a lot and it's at $8000, what would be the chances that people will sell their coins for fear of drop back to $3100? chances are many. any price above $8000, people will sell because few believe that it is possible to get prices above $8000 for a long time

[omonuyak]

"time shall tell ", the next FOMO and when we get there we would see "where FOMO at". Tom Lee is one of the really bitcoin's enthusiast that I really admire and take his time to make this poll is a nice thing as at list we now know what is in some investors and traders mind.

[Febo]

I'll take a page from bbc.reporter. 

Tom Lee recently had a poll to see what price is the FOMO?

It looks like $10k, according to the votes. I should have voted for "Now!!!".  . What do you think guys? Is $10k the FOMO price?

https://twitter.com/fundstrat/status/1127368266496630784

Real hype will start after old ATH of $20000 will reach. People just dont care of Bitcoin. Once $20k  will happen they will start read about it and talk about it. That will push price to new ATH.  

Ofcourse I dont see this happen this year. Next year. There is small possibility that it happen even in 2021.  

[exstasie]

The correct answer to his poll is after a new ATH. I can tell you from experience, it's easy to keep revising bearish price scenarios up until that happens. After $20K, bears will provide their final capitulation.

Tom thinking FOMO kicks in at $10K supports my idea that we'll hit $10K then crash. We may be entering a bull market, but there's always room to be contrarian on Tom Lee's opinions!

[Sanitough]

I am with this guy, I am also bullish so I believe that in $10,000 we will see a FOMO.
The question now is when it's going to happen, could it be in the first half or the next half? regardless, the bull run before only take over 1 month to reach ATH.

[Whaleagent]

LOL, Tom Lee is permabull so what do you expect? I wouldn't vote neither or any of the choices.  There will be FOMO at different stages as the price increase as well. But I guess FOMO had died down in the last couple of days though, the price goes and settled around $8000 now. But there will be FOMO that's for sure, when the price started to pick up again and run up to $10000.

Tom Lee is a perma idiot. Seriously why do people still follow that guy? He made some outrageous predictions for 2018 and kept making new ones that were just as bad, he was literally proven wrong a whole year and people still think he is a good analyst?

I also doubt FOMO is going to be at 10.000$ I'm fairly sure people are going to be more cautious about bitcoin, the last crash is still quite recent, a lot more people are going to take profits earlier this time. I personally believe the real crazy FOMO like last time will only start when we break 20.000$

[EastSound]

LOL, Tom Lee is permabull so what do you expect? I wouldn't vote neither or any of the choices.  There will be FOMO at different stages as the price increase as well. But I guess FOMO had died down in the last couple of days though, the price goes and settled around $8000 now. But there will be FOMO that's for sure, when the price started to pick up again and run up to $10000.

Tom Lee is a perma idiot. Seriously why do people still follow that guy? He made some outrageous predictions for 2018 and kept making new ones that were just as bad, he was literally proven wrong a whole year and people still think he is a good analyst?

I also doubt FOMO is going to be at 10.000$ I'm fairly sure people are going to be more cautious about bitcoin, the last crash is still quite recent, a lot more people are going to take profits earlier this time. I personally believe the real crazy FOMO like last time will only start when we break 20.000$

We have different opinions, i think the fomo is happening looking at the recent price jumps, i really think people are accumulating.