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Author Topic: more negative expressed sentiment  (Read 681 times)
superduh (OP)
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May 03, 2013, 05:22:00 AM
 #1

so i have noticed a pattern
everytime the price goes up very few people are making threads and very few are expressing that it's going to the moon
on the other hand every single time there is any drop regardless of it's size there are several threads that pop up "crash" "are we crashing" "this will be 50 by tomorrow"
a lot more "negative sentiment" one direction over the other.
is this just human nature or what's the reason people get really loud as soon as price starts going down and are more mellow when it's going up

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May 03, 2013, 05:23:46 AM
 #2

The main reason is: trolls.

You don't register on a bitcoin forum to express your real negative sentiment.

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May 03, 2013, 05:25:48 AM
 #3

The forum represents the trend, when the market was bullish i.e. from $14 all the way up to $266, there was a lot of topics speculating on the future growth, however after the April crash, we have been on a downward trend, up until the end of April, the trend was still unclearly defined so there were a couple of people still making bullish predictions on BTC, but that's just not how the markets work and the argument that 'bitcoin is a different type of commodity' just doesn't fly... That's what every person says post-crash about their investment i.e. dot com bubble, precious metals, real estate, etc... etc...
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May 03, 2013, 05:26:57 AM
 #4

This wasn't true before the bubble popped in April.

You found a lot of people saying things like "$300 by April 15th!" and "When will bitcoin hit $1000"

There was "a lot* of optimism.

That died away when the bubble popped and people are still sore. So now, even if bitcoin creeps up a little bit, those people are quiet.

It's presently the bears time to shine, but this won't always be the case.
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May 03, 2013, 05:27:09 AM
 #5

so i have noticed a pattern
everytime the price goes up very few people are making threads and very few are expressing that it's going to the moon
on the other hand every single time there is any drop regardless of it's size there are several threads that pop up "crash" "are we crashing" "this will be 50 by tomorrow"
a lot more "negative sentiment" one direction over the other.
is this just human nature or what's the reason people get really loud as soon as price starts going down and are more mellow when it's going up

The answer is fear.

People are fragile creatures man. We're all afraid, usually. It's in our nature.
notme
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May 03, 2013, 05:27:28 AM
 #6

so i have noticed a pattern
everytime the price goes up very few people are making threads and very few are expressing that it's going to the moon
on the other hand every single time there is any drop regardless of it's size there are several threads that pop up "crash" "are we crashing" "this will be 50 by tomorrow"
a lot more "negative sentiment" one direction over the other.
is this just human nature or what's the reason people get really loud as soon as price starts going down and are more mellow when it's going up

It's just new users feeling the sting of their first market top.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
antimattercrusader
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May 03, 2013, 05:27:43 AM
 #7

This wasn't true before the bubble popped in April.

You found a lot of people saying things like "$300 by April 15th!" and "When will bitcoin hit $1000"

There was "a lot* of optimism.

That died away when the bubble popped and people are still sore. So now, even if bitcoin creeps up a little bit, those people are quiet.

It's presently the bears time to shine, but this won't always be the case.

+1

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Babylon
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May 03, 2013, 05:39:07 AM
 #8

People that want to buy coins want the market to go down, they'll make all sorts of noise to scare people. 

 
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bitcon
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May 03, 2013, 06:16:55 AM
 #9

if it drops to $50 again, more cheap coins, so thats the upside.  gox needs to get their act together or ppl need to stay away from them.  people also need easier alternatives to get fiat into the market faster than 3-5 days. i feel many people would be buying now or wanting to get cash traded for coins, but there's so many hoops to jump thru to do it.
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