Bears thread - unleash the bear in you in this thread

[bitwhizz]

This is why i am not buying now,

[theonewhowaskazu]

This is why I'm not buying now,

I have no USD.

[MAbtc]

This is why I'm not buying now,

I have no USD.

Same here. I sold some last night and scooped up a couple coins in profit on the last dip down, but now I'm a little uneasy selling... not sure if we're going down anymore.

[bitwhizz]

gentleman, gentleman, i have bitcoins.......... however this is the reason why i am not buying more bitcoins at this price point, and i am therefore bearish

[Davyd05]

so.. G was 266 with the majority of the interest due to the crisis in the EU and Cypriot bail-in.

and A has a price value 300+ with relatively calm markets comparatively.

I would infer that with less interest the value has risen.. and could therefore continue to rise as less people are searching google for a how-to...hell I've been googling it to show my friends the intro to Bitcoin video cause I don't favorite things for quick linking.

[RyNinDaCleM]

This is typical sentiment of a 5th wave. Momentum is beginning to dwindle and divergences are appearing in underlying indicators. This is also the point where the average investor begins buying.

It's good being a bear! Only a bear can increase holdings without any extra investment.

[mvidetto]

This is typical sentiment of a 5th wave. Momentum is beginning to dwindle and divergences are appearing in underlying indicators. This is also the point where the average investor begins buying.

It's good being a bear! Only a bear can increase holdings without any extra investment.

Yeah wave 5 most likely on the way once this downtrend/sideways movement ends.  Only a matter of time i.e. Monday/Tuesday lol.

[theonewhowaskazu]

This is typical sentiment of a 5th wave. Momentum is beginning to dwindle and divergences are appearing in underlying indicators. This is also the point where the average investor begins buying.

It's good being a bear! Only a bear can increase holdings without any extra investment.

Or, a leveraged bull.
[Insert fun image here]

[adamstgBit]

gentleman, gentleman, i have bitcoins.......... however this is the reason why i am not buying more bitcoins at this price point, and i am therefore bearish

lol
thats cool, passives bear, maybe you'll sell us some cheap bitcoin next week  

but the your TA... your doing it wrong  

[Pruden]

Isn't the last point in the Google trends chart updated as the current week/month/whatever passes? That would mean it will keep going up till it closes and a new point is created.

[TERA]

BTC will eventually fail and go to $0...  There's my bearish input.

But until then, good luck trading when you wait till btc is at its "true value". You will not make many trades and might even wait forever. It might very well never go below 300 again. There seems to be a nice support here. We just broke ATH and the bubble has only just begun.

[philip2000uk]

Thanks for showing me, I value your post but also i wanted to add, i searched google trends for leather pants and wow Australia has the hugest interest, now i need to target my website to them.  Glad I found that google trends

[simplydt]

gentleman, gentleman, i have bitcoins.......... however this is the reason why i am not buying more bitcoins at this price point, and i am therefore bearish

Good post with substantial reasoning behind your actions unlike some of the posts that have no reasoning at all.

[BitPirate]

Not sure I catch your reason 2 -- but BTCChina went hyperbolic on Saturday morning here. Crazy buying frenzy, increasing by hundreds every few minutes. It definitely *looked* like a top. It will be hard to revisit those levels of frenzy for a while.

I'd say the market is looking a little unclear at the moment. I've been selling slowly all the way up, selling the last during the hyperbolic rise. I'll go back in if we can hold steady for a while, but that's far from guaranteed. I'd be very happy to see a more significant dip.

I imagine there are many others sitting on the sidelines, so bids may be depressed. But there aren't many sellers stepping up either....

[deisik]

BTC will eventually fail and go to $0...  There's my bearish input.

Ok then

It might very well never go below 300 again

Was that your bullish input?

[deisik]

gentleman, gentleman, i have bitcoins.......... however this is the reason why i am not buying more bitcoins at this price point, and i am therefore bearish

If you are really bearish, why not sell all those bitcoins you have... How come?
Maybe, you just don't know - as most of us? 

[bitwhizz]

gentleman, gentleman, i have bitcoins.......... however this is the reason why i am not buying more bitcoins at this price point, and i am therefore bearish

If you are really bearish, why not sell all those bitcoins you have... How come?
Maybe, you just don't know - as most of us?  

Selling all your bitcoins doesn;t indicate you as being bearish, it indicates you as being a retard,

One never sells all his bitcoins, even if one has ultra bear views - Fact

However not buying more bitcoins due to exageratted prices is intelligent, and slightly bearish

[zoinky]

There is no real value, single digits within 5 business days.

[ronaldlee0917]

A bad news hitting CCTV would cause all the Chinese holders to panic sell, i assure you. You would be surprised how the price would drop by 90% in a single day, but before that happens, we still have a chance of testing 400 or even 500.

[deisik]

One never sells all his bitcoins, even if one has ultra bear views - Fact

Even if "BTC will eventually fail and go to $0"?
I for one second this stance, though it doesn't imply we should not take a chance...