Quote from: bhadz on Today at 04:29:50 PM

Quote from: KaratX on Today at 02:43:03 PM

What's there to rejoice about? What about those who invested when Bitcoin was at 19000$ in 2017? It's not time to start rejoicing yet, right now we need better an stronger market support, DeFi success I believe is at work here, new money flow into crypto through DeFi, I'm hoping more will come

Good point but that's a special case. At least for them, if they haven't sold during the bear markets, they have recovered a lot from that crash. Although in reality, there's still halfway of their money to hold until the price of bitcoin goes back to that price where they bought. But there's no need to cut the fun, everybody is having fun as we have breached the $10,000 again. I guess you could spare them for a moment and just enjoy the time that we're having.

Sometimes I feel like I'm living in an alternate reality -- where I can see BTC doing these 'out of the blue' mini-pumps basically puts the brake on the entire altcoin market, but others somehow overlook this and now go into rejoice mode because BTC made some baby steps upwards? Most alts turn to a sea of red and not just against BTC, but against fiat as well ... coins that were recovering some of multi-year crushed prices get smushed back again... coins that were pumping instead crash back down to earth... trading becomes complexly boring once more, where altcoin trading is like trading on a platform of quicksand, can collapse at any time due to the whims of a sporadic BTC.

So not so sure what investors are rejoicing about exactly. BTC is still way below ATH numbers, most of th altcoin market is still a disaster, and coins that were taking small steps towards 'okay' numbers get stepped on again.