Why bears are bears?

[deathcode]

Simple question. shocking results?

[byronbb]

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.

[MAbtc]

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.

[Exoskeleton]

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".

[UltimateReaper]

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.

[evolve]

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

[Malawi]

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.

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.

[dexX7]

Bulls want more USD, bears want BTC.

[yokosan]

Bulls want more USD, bears want BTC.

Finally, somebody who gets it.

[pinger]

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".

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

[Frozenlock]

(...) there are clearly some individuals that are here that have taken a permanent bearish position, and while that can be confused to trolling it still shows a pre-disposition to bet to a lower value of the coins.

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.

[evolve]

there are clearly some individuals that are here that have taken a permanent bearish position

I haven't seen that at all.

[evolve]

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".

[evolve]

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.

[Frozenlock]

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

[evolve]

Also, I'm a perma bull. I've never been bearish on bitcoin because I trust the system,

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".

[evolve]

Then nobody is a permabull and a permabear, that's impossible.

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).

... philosophy is of a bull.

...the bears can be called bulls if they want the price of bitcoin to go down since they are waiting to buy at lower prices but believing that the price will eventually rise again!

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

[yokosan]

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.

[notme]

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.

your assumption is unsustainable and hard to prove. Also, I'm a perma bull. I've never been bearish on bitcoin because I trust the system, I like the idea, and I am confident that the adoption will gain momentum as more and more people are exposed to bitcoin and the layers of complexity are getting masked by smart developers. So if there are perma bulls, it's very easy to assume there are perma bears that want the opposite for x or y reason. Just by newton's third law!

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.

[bitcon]

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