Quote from: bhabygrim on October 04, 2019, 08:24:51 PM

Quote from: BrewMaster on October 01, 2019, 03:11:09 PM

i am always fascinated by the FOMOs that keep happening in bitcoin market. earlier this year i created two topics on two different occasions about it the small inital FOMO in first stage and another FOMO with a bigger leg up.

with the current situation where price has come down below the $10k support line and the fact that a lot of weak hands were flushed out, i am guessing pretty soon after the drama ended we are going to see another FOMO market shape up bringing in a lot of money like a tsunami. this time if the momentum could build up we could see $20k before the end of the year.

what do you think about the size of the upcoming FOMO? can we see a bubble in short term this time or will it be like last time (small just to kick start the rise)?

Surely after the drama ends we would see or hear a lot of people regretting on not investing while it was low or something like not holding on to their crypto.
But I agree with you I think after this drop we could see a big batch of money going to enter again and pretty sure those weak hands that sold their bags would try to get it back again.

We can let them regret what they choose because I am sure that we already suggest them to buy bitcoin or the other coins, but they don't want to listen to us. There will be many more of them who will regret it, and there is nothing they can do except accepting that they cannot buy bitcoin at that time because bitcoin price already increases so high. But they still can buy any coins which don't have a high price, and they will need to wait for a long time to see the price will increase. I think the market now still trying to rise, although it's not too fast. And I think people are still coming to the market and buying bitcoin and the other coin before all of the price increase higher.