Bitcoin Forum

Economy => Speculation => Topic started by: xavier on March 30, 2013, 02:58:51 AM



Title: Greed vs fear
Post by: xavier on March 30, 2013, 02:58:51 AM
Which one is stronger  ;D


Title: Re: Greed vs fear
Post by: lucif on March 30, 2013, 03:00:10 AM
Logic keeps balance


Title: Re: Greed vs fear
Post by: RationalSpeculator on March 30, 2013, 03:17:35 AM
Listen to both parts, they both make sense, hear out their arguments, and make a balanced decision.

Don't let them take you over!


Title: Re: Greed vs fear
Post by: zkay on March 30, 2013, 03:17:44 AM
Life's a cruel teacher, son. First the exam, then the lesson.


Title: Re: Greed vs fear
Post by: yokosan on March 30, 2013, 03:21:24 AM
Fear is stronger, but more people are greedy than fearful.

With regards to Bitcoin I will say this.

The  2011 peak was 70% greed 30% fear.

Now we are 90% greed 10% fear.

If all variables were the same then I would say that when fear reaches 30% history would repeat, but we have a lot more newbies inc nowadays so it's impossible to predict.

I would even go so far as to predict hacks on foreign exchanges when they reach the level that mtgox had reached at the time.


Title: Re: Greed vs fear
Post by: bitcon on March 30, 2013, 04:51:10 AM
my mom just asked me if i knew what this "bitcoin" thing is, and she barely knows how to check her email. reminds me of when she asked me whats this eBay thing?


Title: Re: Greed vs fear
Post by: Le Happy Merchant on March 30, 2013, 05:51:17 AM
my mom just asked me if i knew what this "bitcoin" thing is, and she barely knows how to check her email. reminds me of when she asked me whats this eBay thing?

How have you not told your own mother?