looks like the bitcoin community realizes disagreement within the community is bad for bitcoin
they called of a planned hardfork called segwit2x
looks like the bitcoin community realizes disagreement within the community is bad for bitcoin
they called of a planned hardfork called segwit2x
So it really is a bubble.
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bitcoin has been around for years but it's only recently that it attracted the attention of regular folks
it's only now they're hearing about bitcoin, about people who bought bitcoin when it was under $1000, under $500, or even under $100
they're hearing about those brand new millionaires
regular people who don't know anything about bitcoin are experiencing FOMO (fear of missing out)
so they're jumping in hoping to get rich quick like those who invested early
that flood of money into bitcoin sent its price up vertical
FOMO is a powerful force
Last edited by uls; November 11th, 2017 at 11:05 AM.
Those mofos are experiencing fomo. Lol corny. Hahaha
Anyway, it's human psyche and it is a very powerful tool.
I first heard about bitcoin last 2014 when it was trading at about 1,800+ then it crashed to about 400+ ata.
Then people who missed out in 2014, wanted in now kaya pumped up na sobra yung price. And the people who bought just now, sila yung kawawa kapag nag crash na. I say "kapag" kasi it's not a matter of if, but when.
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