Are any serious bears rethinking their posotion?

[Edward50]

Hey everyone,

Long time bear here, and missed my opportunity to buy in cheap because I was being too greedy and cheap at the time.

Anyway, $1000 bitcoins seems ridiculous, especially if you were buying them for less then $5.00.

However, It seems that nothing is able to stop this bitcoin price from falling. Even with the most negative news out there recently it just rose back up.

Are any of you serious bears who think or thought $1000 bitcoins are just ridiculous are rethinking your position?

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[humanitee]

Hey everyone,

Long time bear here, and missed my opportunity to buy in cheap because I was being too greedy and cheap at the time.

Anyway, $1000 bitcoins seems ridiculous, especially if you were buying them for less then $5.00.

However, It seems that nothing is able to stop this bitcoin price from falling. Even with the most negative news out there recently it just rose back up.

Are any of you serious bears who think or thought $1000 bitcoins are just ridiculous are rethinking your position?

"The most negative news" ... yeah you're gonna have to clarify that.

[Coma]

'Serious' and 'bears' are words that should not be combined. Ever.

[sumantso]

Not sure about 'posotion', but not rethinking my position. If you keep getting swayed every couple of hours you shouldn't really be trading.

Btw, I doubt anybody is full bear. I trade with like 10-20% of my stash, so ....

[yogi]

No, I'm still shorting the Dollar.

[protokol]

Not sure about 'posotion', but not rethinking my position. If you keep getting swayed every couple of hours you shouldn't really be trading.

Btw, I doubt anybody is full bear. I trade with like 10-20% of my stash, so ....

heh tbh I'm all in but I'm bullish so that's OK 

[CoinCidental]

Hey everyone,

Anyway, $1000 bitcoins seems ridiculous, especially if you were buying them for less then $5.00.
 

some people got them for free  ,in tens of thousands
it makes absolutely no differnce to what they are worth now
$1030 on gox atm

when they hit $10,000 people will still be saying i could have bought in at bla bla bla
it makes no differnce ,they are worth what the  ever expanding market will pay for them

[imperi]

Ah, Edward50. You've been a bear since 2011. I remember your early posts!

For example:

Yes it is finally coming down. It does not make sense at $20. There is no value currenctly in owning this currency other than the long term potential if it does ever make a valid currency.

If you are willing to wait some years and hold it as an investment, it should be priced less than $10 dollars because of the high risk of it failing.

Who ever pays $20 or higher now as a long term investment is way overpaying because of all the risk.

You were right in the short term, very very wrong in the long term.

[JimboToronto]

'Serious' and 'bears' are words that should not be combined. Ever.

I was about to mention the oxymoron of it but  then I realized that many bears actually take themselves very seriously, in fact too much so.

While being a bear may be basically a form of tantrum, don't tell them that or they'll have an even bigger snit.

[MAbtc]

'Serious' and 'bears' are words that should not be combined. Ever.

I was about to mention the oxymoron of it but  then I realized that many bears actually take themselves very seriously, in fact too much so.

While being a bear may be basically a form of tantrum, don't tell them that or they'll have an even bigger snit.

Being a bear doesn't mean being a perma-bear. Lots of money to be made being a bear at the right time. Calling the right time... that's another matter.

[pbody]

Bitcoin is volatile enough that bulls and bears can make money. Bears just had one hell of a weekend. Did any of them buy in after the exchange rate dropped about 50%? I hope so...

I see it as the opposite. Bulls would buy in when its low. Bears would think it was crashing to the floor and wait. I'm a believer that bulls win more than bears with bitcoin.

[MAbtc]

Bitcoin is volatile enough that bulls and bears can make money. Bears just had one hell of a weekend. Did any of them buy in after the exchange rate dropped about 50%? I hope so...

I see it as the opposite. Bulls would buy in when its low. Bears would think it was crashing to the floor and wait. I'm a believer that bulls win more than bears with bitcoin.

That is not a bear -- more like a pig. A bear simply thinks the price will fall -- not that it will fall, like, forever.

[seriouscoin]

Bitcoin is volatile enough that bulls and bears can make money. Bears just had one hell of a weekend. Did any of them buy in after the exchange rate dropped about 50%? I hope so...

I see it as the opposite. Bulls would buy in when its low. Bears would think it was crashing to the floor and wait. I'm a believer that bulls win more than bears with bitcoin.

What exactly are bears waiting for then, death?

Greed.

I'm not a bear but i dont think price jumping up 15% in a day is healthy.

[superduh]

bears or trolls? there seems to be a lot of crazy trolls here.

[shmadz]

Bitcoin is volatile enough that bulls and bears can make money. Bears just had one hell of a weekend. Did any of them buy in after the exchange rate dropped about 50%? I hope so...

I see it as the opposite. Bulls would buy in when its low. Bears would think it was crashing to the floor and wait. I'm a believer that bulls win more than bears with bitcoin.

That is not a bear -- more like a pig. A bear simply thinks the price will fall -- not that it will fall, like, forever.

That part in italics is what I think is most accurate. Bears only hibernate for so long, and when they awaken from hibernation, they are very hungry.

*edit*

Just remembered the OP question and wanted to address that. As a miner, I'm kind of cheating when I play the market, so I can't really claim to be a bear or a bull. If I were a serious bear however, I still would have bought in after it broke a new high from that 720 pennant.

At this moment, any serious bear is obviously waiting for a pullback, or selling what they have at some very nice prices and looking forward to going back into hibernation... 

[superkawaii]

Ah, Edward50. You've been a bear since 2011. I remember your early posts!

For example:

Yes it is finally coming down. It does not make sense at $20. There is no value currenctly in owning this currency other than the long term potential if it does ever make a valid currency.

If you are willing to wait some years and hold it as an investment, it should be priced less than $10 dollars because of the high risk of it failing.

Who ever pays $20 or higher now as a long term investment is way overpaying because of all the risk.

You were right in the short term, very very wrong in the long term.

loool those bears tho

[N12]

This thread is the biggest contrarian indicator I have seen to date. Think about it.

[RenegadeMind]

I'm probably bearish to the point of being a religious freak about it.

And NOTHING has changed my position.

Sure, I'm a bit freaked out from time to time. Who isn't?

But I'm still shorting the dollar hard as hell. The dollar is tanking against the bitcoin.

So, I'm staying out of the fiat market as much as possible.

[Edward50]

This thread is the biggest contrarian indicator I have seen to date. Think about it.

I never said I was converting away from being a bear, especially at $1000 dollar bitcoins.

[smoothie]

This thread is the biggest contrarian indicator I have seen to date. Think about it.

I never said I was converting away from being a bear, especially at $1000 dollar bitcoins.

Right. But actions speak louder than anything you say.