Quote from: jackg on February 17, 2020, 09:33:45 PM

Quote from: 206 bones on February 17, 2020, 03:30:07 PM

FOMO --- increases ---> Demand --- increases ----> Future expectations -- increases ----> HODL ---- increases ---> scarcity ---- increases ----> price --- increases ---> Media & Public Awareness --- increases ----> FOMO & the cycle repeats.

I don't think anyone disagrees with that being the cause especially at a run/blow off top, the question I'd wonder is whether we're already nearing the start of that cycle or not?

Yes we are. You can feel it in yourself. See it in youtube, in the media, in twitter. It's getting exciting. The market mind is transitioning from disbelief to hope. Confidence is increasing. After the halving there could be a slight correction due to high expectations. After this we could enter optimism phase turning into beliefe, thrill and euphoria.

There are fundamentals supporting all this logic. The price is not pumping on air as in 2019. It is pumping on real facts. The major one being a very powerful one, that it could be the last time the majority of people can obtain a hole BTC or a good portiong of it. There is no doubt BTC is competing as one of the best money in the world. This is huge. BTC "could" be massive in the future & that possibility will make many investors get in with venture capital. The potential for gains are far superior to the possible loses.

I think we are still in point of maximum opportunity.