Bitcoin Forum

Definition of 'Bear Market'


Read more: http://www.investopedia.com/terms/b/bearmarket.asp#ixzz2BAzTE2Zw

The question in my mind is which option.

1) We have been in a bear market since the June 2011 high and the recent rise from 2 to 15.4 was just a correction.
2) The bear market ended in November 2011 and we are now in a bull market. Any bearish market activity we see now is just a correction.

Without backing up my claim: 2) is more correct than 1)

I don't think we're in a bear market, havent been since last year. Widespread pessimism?? No way, that was fall 2011.

Maybe we are, maybe we aren't  ;)

Option 2. Bear trap is where we are now.

However, I don't currently see any clear trends for the market. It could be that we'll be around $10 and $11 for a while now. I would welcome a period of stability. But we'll see.

I'd be amazed if we'd see "stability" throughout December. Too many external factors coming into play that the market may or may not have factored in correctly. Too much uncertainty and emotions as things play out.

You should give a timescale for this type of questions.

Looking at the last 3 years, I would say a bull market  ;)

In bitcoin time, this would be something like 2-3 month of overall market sentiment

You mean the exact time since the top at 15$, right ? :D
Actually, looking at that time, sure we're down, but only ~30% (to be compared with the previous 3 months who saw a 200% increase). In bitcoin valuation, not even sure i would qualify it as a bear market.
A Bear cub market then ?

What timescale would you have to use in order to see a bear market?

Last month.
We lost around 20-25% in a month, that's something more significant.

Growwwll GRRLL!!    12 (28.6%)
MooooohOOO!    30 (71.4%)
Total Voters: 42

(There are many factors, but this is just a guess.) If we go by these results, we are most likely in a bear market. (71.4% are probably holding bitcoins, 28.6% are probably holding cash. This makes it easier to go down than up.)

Once and if we go into the single digits I'd call it a bear market. Everything else is just stable on my watch.

If my calculations are correct; If this baby hits 88mph, you're gonna see some serious shit...

No really, just wait until reward halves and the ASIC tech comes pouring in. The market will act in ways never witnessed in the previous years. Everyone is going to be running around like chickens with their heads cut off. We aren't a Bear Market right now. This is just the calm before the storm. So you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life.  :)

+1

+1 On all of it. Big miners with big investments as well as the lower fledglings will be having their mining pools reward address go straight to Gox no wallet used as the race for ROI is on.

just look at the monthly chart then move to weekly chart