Bitcoin Forum

Simple question. shocking results?

What I dont understand is why people get entrenched into a bull or bear position. The point is to be one the other or neutral and change opinion as deemed nessecary, not be be stubborn and rah rah on as if defending an ideology.

It does not imply a permanent position. It simply means that someone believes a market will head down.

Some people confuse trolls with bears. Some "bears" are just trolls.

I agree. "Bear" one day "bull" the next. Why should anyone polarize to one side forever or take on a label like bear. The reasons for people not buying bitcoins are far more complex than the given options can explain so I'd have to say "other".

I'm not a bear but I think this is in order:

Because not everyone is a delusional bull.

If you look at the big ol' chart, you see that we are going lower... and lower... with lower highs. Even without any market knowledge this is not a good sign.

Anyways, sometimes bears are right, sometimes bulls are right and sometimes both are right, but one thing remains the same:

butthurt, butthurt everywhere.

Because they believe the price is headed down due to current market conditions.

Absolutely

There is some perma-bears and perma-bulls, but most of the time it's a current evaluation.

I am a bear for the short/medium term, but expect to become a bull in the not to far future.
I am also a moderate long-term bull. If I were to either enter or exit, and don't do any trades for 2 yrs, I would be in BTC.

Bulls want more USD, bears want BTC.

https://i.imgur.com/KjY23pB.png

Finally, somebody who gets it.

+1 Price needs to be up for a reason, not just the will of sell 1 BTC for 1Million.

There's no one that I know of who's being a perma bear.

We pretty much all see huge potential for Bitcoin.

Doesn't mean it can't crash shorter term.

I haven't seen that at all.

Except proudhon is bullish on bitcoin now (and was back in 2011 as well), he also admitted that his bearishness lately was him trolling/playing a character.  

Hes not a "permabear".

I have been labeled a "permabear" by people on this forum more than once, and its not even remotely true. I suspect that most (if not all) of the others being labelled that aren't either.

Indeed. They wouldn't stay on a Bitcoin forum otherwise.

You have never once thought the price was going to drop? Not even by a cent? Not even for a second?

I dont believe that at all.

Bull and bear just refer to whether you believe the price is going to go down or up, not some overall market philosophy. If you have ever though the price may drop, even by a little, you are not a "permabull".

Exactly.

Thats why the terms are stupid and shouldnt be used. No one can be a permanent bear or permanent bull (unless they are functionally retarded), which is why you dont see the terms used anywhere in investment speak (outside of this forum).





No. No. No.

"Bull" and "bear" have nothing to do with "want" or "philosophy".  It is simply a reflection on where you currently believe the market is headed....and yes people go back and forth between bear and bull all the time.



Definition of 'Bear'
An investor who believes that a particular security or market is headed downward. Bears attempt to profit from a decline in prices. Bears are generally pessimistic about the state of a given market.
http://www.investopedia.com/terms/b/bear.asp



Definition of 'Bull'
An investor who thinks the market, a specific security or an industry will rise. Investors who takes a bull approach will purchase securities under the assumption that they can be sold later at a higher price.
http://www.investopedia.com/terms/b/bull.asp

Longterm bear and longterm bull is maybe more fitting for what he is saying.

I also think that almost everybody here is longterm bull even if they are posting a lot of negative stuff.

As an example I think that Bitcoin could be $1,000/BTC in 10 years time, but if it reaches $500 next week I will be calling it a bubble. Does that make me a bear? I don't think so.

You can't use Newton's Third Law like that.  That's like saying because I decide not to send btc to you we can assume there is someone who will decide to send btc to you.

i believe the market will neither go up or down.  what kind of animal am i?  ;D

Turtle

Yes, I use words in an absolute way.  As in how they are actually defined.



Nope.

 Again, If you believe the market is going down, you are a bear. Period. That's it. It has nothing to do with what you are waiting for. Just what you believe will happen.

What is so hard to understand about that?


Just a little more reading for you:
http://www.investopedia.com/university/stocks/stocks7.asp



But hey, whatever man...if you want to keep using words wrong, thats up to you. I'm done.

 " Because they believe pragmatically that the price will go down. " should be "because the price will inevitably go down" but this is the correct answer.