Bitcoin Forum

Economy => Speculation => Topic started by: benderr on April 27, 2013, 11:54:15 AM



Title: Everyone has reason - Bull and Bears
Post by: benderr on April 27, 2013, 11:54:15 AM
I love reading posts of bull and bears.

I think that everyone has reason.

The future is to see.

All options are possible according to what you see

A question for 100% bulls. Why don't sell everything that you have and buy all in bitcoins?
A question for 100% bears. Why don't leave the bitcoin if you don't believe on it?

I think that nobody is sure 100% that they say. If yes... Let's start the bets... It is easy talk for talk.

The moderator of this forum can keep the money until the bet.

Here, some examples pictures:

6 months bull:

http://s8.postimg.org/fz5dxlzcl/6_months_bull.jpg

6 months bubble:

http://s9.postimg.org/z313dhlgv/6_months_bubble.jpg

30 days bull:

http://s9.postimg.org/pl5xr6p67/30_days_bull.jpg

7 days bull:

http://s17.postimg.org/gc3o6bjqn/7_days_bull.jpg

3 days bear:

http://s14.postimg.org/y0adhh4wx/3_days_bear.jpg


Why the first Crash? Because Mtgox security incompetence.

Why the last crash? Because Mtgox LAG incompetence.

Until Mtgox not solve that problem, we're on very dangerous ground. Bull or bear? we will see...

until then. Mtgox is earning a lot of profit with the moments of panic.

As in the casino, the house always wins...

In long term, for everyone here, it is better a bull market then... I wish a bull market for everyone wins :)

Sorry for my bad english, I am not Native...


Title: Re: Everyone has reason - Bull and Bears
Post by: Cablez on April 27, 2013, 01:59:48 PM
I am curious, is there an average timeframe for the bull trap to finish into capitulation after a bubble pop?  We could be waiting a long time for the next drop and I get bored easy.


Title: Re: Everyone has reason - Bull and Bears
Post by: ffernandex on April 27, 2013, 02:14:04 PM
I think it is pretty stupid to label oneself either way. Why would you like to face the study of the market or price from an emotional, non-rational perspective? with an emotional preconception of where the price should go? thats only detrimental to an accurate and sound study of the situation, whether using fundamental or technical perspective.

The price will always go up and down, because that's how the market works. You can either choose to use some of the techniques available to study the market and make your own informed decision, or you'd be better gambling to a flipping coin, in which you either double or lose everything.

In any case, because of the particularities of bitcoin, you can always resort to the "buy and hold", as in the long term it is expected a continued, although bumpy, growth. So, it does make a little more sense to be a bull in the btc market than a bear. If you're really a bear, why are you even here?








Title: Re: Everyone has reason - Bull and Bears
Post by: benderr on April 27, 2013, 02:19:08 PM
I think it is pretty stupid to label oneself either way. Why would you like to face the study of the market or price from an emotional, non-rational perspective? with an emotional preconception of where the price should go? thats only detrimental to an accurate and sound study of the situation, whether using fundamental or technical perspective.

The price will always go up and down, because that's how the market works. You can either choose to use some of the techniques available to study the market and make your own informed decision, or you'd be better gambling to a flipping coin, in which you either double or lose everything.

In any case, because of the particularities of bitcoin, you can always resort to the "buy and hold", as in the long term it is expected a continued, although bumpy, growth. So, it does make a little more sense to be a bull in the btc market than a bear. If you're really a bear, why are you even here?








I am not a bear or a bull. I think the two things are possible.


Title: Re: Everyone has reason - Bull and Bears
Post by: ffernandex on April 27, 2013, 02:46:23 PM


I am not a bear or a bull. I think the two things are possible.

I'm not saying you are, this is just my opinion on the matter. :)

But yes, both things are possible, because that is how we react to different market conditions. We can all be bulls or bears at any given time, but what I don't understand is people who consider themselves as one or the other.


Title: Re: Everyone has reason - Bull and Bears
Post by: zeroday on April 27, 2013, 07:16:20 PM
Bitcoin is deflationary in nature. In long term it's either bullish or dead. In most cases bears will lose.
The problem of volatility now is that we have many new users who don't understand bitcoin's nature and speculators can easily manipulate them causing swiftly changing euphoria and panic (just look at NikolaTesla posts as an example).


Title: Re: Everyone has reason - Bull and Bears
Post by: afbitcoins on April 27, 2013, 10:06:41 PM
Nice charts! Since that price crash I've been swinging between bearishness and bullishness. Long term I'm bullish, and short term tentatively bullish.