Are you bullish or bearish right now?

[readysalted89]

i was quite bullish but i am seeing a short term decline and believe it will be initiated very soon. so currently you can say i am bearish. next few months will be different for sure with block halving comming.

Yeah now all is waiting next block comming and see what happen. Price up or still stable like now because many manupulation price on market

Judging by the impact of halvings of other coins it never had a relevant effect on the price, even tho Bitcoin is not comparable to any alt because its the original coin, it may indeed serve as a bull presure when the day comes, in any case i have the halving day marked in my calendar as an important day.

I also heard a coins halving should increase the price in the long term, but noticed it rarely seems to work out like that for alts. Perhaps its because bitcoin's been going down for over a year and the alts follow bitcoin.

[goxed]

I am of the opinions that the current bear run is waning away as we speak.

[pleaseexplain]

 I am bullish. back in oct 2011 bitcoin was $3. I see this as a real number not a goxed number for example. In the next 12 months it went up 2-3 times depending on which numbers you use.
so bitcoin can easily have good growth of that level when it is not being goxed.

so I take a possible price in oct 2015 and see what the price might be in oct 2016 using the year on year change to get to the Oct 2015 price from $3.
The figures are below
eg if price drops as some predict to a "true" bottom of $100 the year on year change has been 2.39 so I see bitcoin being $239 in oct 2016.
so if i bought now and even if there was a big drop to $100 within a year I would be roughly back where I bought at. Obviously if the price is about where it is now (250) the price might be one year on nearly 800. Even if my extrapolation overstates things by say 50% a price in Oct 2016 might still be nearly $400 a year later -  great gains
It works for me.


100   239

200   574

250   796   
   
300   945
   
   

[Amph]

i was quite bullish but i am seeing a short term decline and believe it will be initiated very soon. so currently you can say i am bearish. next few months will be different for sure with block halving comming.

Yeah now all is waiting next block comming and see what happen. Price up or still stable like now because many manupulation price on market

Judging by the impact of halvings of other coins it never had a relevant effect on the price, even tho Bitcoin is not comparable to any alt because its the original coin, it may indeed serve as a bull presure when the day comes, in any case i have the halving day marked in my calendar as an important day.

but not true with bitcoin, the last halve did had an effect, the price was starting to rise prior the halving, and reached a x2 , it doubled in substance

i doubt it will remain the same, something will happen for sure, it might be still worth to being bullish by that time

[BlindMayorBitcorn]

I'm Doomish. Vote Doom for 2015. GO DOOOOM!

/s

I think we'll be alright.

Doom subsiding?

[Razick]

Bullish. I think a lot of money is waiting for the "for sure" time to get in. Either big news, or a continuous bull market.
I also think the price has artificially been pushed down to these levels so big players can accumulate more or buy in when ready. I think the scale at which things are going to expand are underestimated. There is not one person in the finance and investment world that doesn't have their eye on Bitcoin, once that rocket starts, EVERYONE will want that ride to not miss out on this time. It will be one hell of a ride.

I agree with most of what you said, but how exactly do you thing the big players are manipulating the market? Are they holding off for the right time to buy? Maybe, although I think many of them are just holding there positions as well, but I don't see how they could be manipulating on a large scale.

Maybe this is my tin foil hat thinking, but here we go:

If you, or your investment partners, or investors you know, caught wind of Bitcoin being brought to the masses for completely legal trading, you would want the most Bitcoin for the least amount of money to accumulate before the masses started trading under the new platforms. You or people you hire short Bitcoin to drive the price down, enduce panic and make Bitcoin seem like a failure, pay troll accounts on forums to bash Bitcoin, in hopes of anyone who reads the forum to sell or not buy Bitcoin, if you are a large, well respected investor or investment group, maybe you say some bad things publicly about Bitcoin to drive the price down or steer others away for a while. Maybe if you are trying to open an exchange (or looking for more funding), and the only way it will get approved or funded is if the price is lower, so the greedy ones doing the approving or funding can accumulate a large stash of Bitcoin for themselves.
I could go on and on with possible theories, some more logical than others, but based on everything I've read in the past year, from articles, to forums, etc.. Makes it seem that some power(s) that be want to accumulate more and control the market, at least while they can, and the most profitable way is to drive the price down and accumulate. Which is good for bears here at first, but great for Bulls when they can go no lower, they've got to make money somehow, and that's by going UP! Some may think I'm a little off the wall for making these theories, and I'm not saying they are right or wrong, just possibilities. Hey, this is a speculation forum right? 

I just don't see any evidence of large scale manipulation. It would have to be a large scale effort: you and I can want cheaper Bitcoin all we want but our effect on the market will be limited. But Bitcoin is just a small side market for large institutional investors who might have the ability to manipulate the market a bit.

[MF Doom]

I'm Doomish. Vote Doom for 2015. GO DOOOOM!

/s

I think we'll be alright.

Doom subsiding?

Nope, Doom presiding

[BlindMayorBitcorn]

I'm Doomish. Vote Doom for 2015. GO DOOOOM!

/s

I think we'll be alright.

Doom subsiding?

Nope, Doom presiding

Ohhh. I'm going to like you! 

[diodio1]

optimistic bullish , but atm still bearish 

[Chef Ramsay]

$238 seems to be the magic orchestrated number for the day.. Good Lord, what will tomorrow bring, up or down? Gotta be up since certain types are MIA.

[ajareselde]

Always bear, never a bull, and 99% of the time, you are right. Regarding the other 10% , well if it indeed gets to a full scale bullrun, it doesnt matter if
i didn't rebuy at lowest point, i will still make profit soonafter.

cheers

[minerpumpkin]

$238 seems to be the magic orchestrated number for the day.. Good Lord, what will tomorrow bring, up or down? Gotta be up since certain types are MIA.

Seems like we went down from there. I'm concerned by the fact that we have broken down below the small uptrend support line. I don't really know where our new lines lie, though. I guess we may be forming completely new ones, and push against the former support line, which is now a resistance line, most likely!

[minerpumpkin]

Always bear, never a bull, and 99% of the time, you are right. Regarding the other 10% , well if it indeed gets to a full scale bullrun, it doesnt matter if
i didn't rebuy at lowest point, i will still make profit soonafter.

cheers

You are actually quite right about this one. One has to consider, though, that the bull runs are still (even now) bigger than any bear market - even if the bear market lasts longer in terms of time. Bears seem to be the better traders, in my experience - they aren't afraid to change camps as much as bulls are, it seems!