Bitcoin No Bargain as 47% of Investors Go Bearish in Poll

[CryptoCurrencyInc.com]

Bitcoin No Bargain as 47% of Investors Go Bearish in Poll

Almost half of international investors are bearish on Bitcoin, the most prominent of a group of virtual currencies that have enthralled entrepreneurs in technology and finance over the last year, according to a Bloomberg Global Poll.

Forty-seven percent of respondents say they would sell Bitcoin, while 11 percent say they’d buy it. Another 7 percent say they’d hold the virtual currency, while 35 percent say they haven’t got an opinion about it.

http://www.bloomberg.com/news/2014-01-21/bitcoin-no-bargain-as-47-of-investors-go-bearish-in-poll.html

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[virtuexru_shibe]

"POLLS" LOL

[7thKingdom]

"I can´t understand how the investors can pay for anything without legal and solid guarantees."

Irony - Describing the genius of the bitcoin protocol and the decades long problem it solves while ignorantly thinking it a negative.

[IncreaseMyT]

they have been saying this stuff since it was 100 bucks.  "they are watching it unfold" lol

[lassdas]

11 percent say they’d buy it

That's the only interesting number I see there.

Think about it,
if 11% of international investors think about getting into bitcoin, that's HUGE. 


Those 47% saying they would sell probably don't own any coins and just wish they bought in earlier to sell now.

[Elwar]

Bloomberg is just trying to measure how well their smear campaign is going.

It should say 47% of Bloomberg readers inundated by bad Bitcoin news are bearish on Bitcoin.

[chessnut]

GREAT NEWS!!
Its ready to go, the fundamentals, the technicals, and now, most importantly, the sentiment.  
Imagine if the 47% took shorts, the reversal when they cover would be astronomical.
Imagine if some dodgy exchanges shorted more than they could lay their hands on.
I must congratulate Proudhon for his excellent work. He must take the credit for this.

[spndr7]

15 people have till now voted in a poll predicting price range on 26 Jan 2014. Here are the stats --

 Number of contestants : 15

 Avg High Prediction : 835.58

 Avg Low Prediction : 755.28

[billyjoeallen]

The only vote that counts is when you vote with your money.  Haven't seen anyone wanting to borrow my coins so they can short them. I offer very low interest rates, too! (if you post proper collateral).

Seriously, the time to buy is when sentiment is weak. When it's strong, you pay too much.  Those lemmings on Wall Street are herd animals. If they had a single original thought, they'd be entrepreneurs.

[600watt]

Another 7 percent say they’d hold the virtual currency

only 7 percent hodling?   


the call themselves investors and there is an +40 000 % asset and only 7% hodl ? muahahahaha....


in the 19th century, when cars were invented the english horse-drawn carriage sector hated it. the started lobbying against cars. finally they got a law that made it mandatory that in front of every car that enters public traffic, there has to be a man walking with a red flag.

did it stop cars ? it did though help the german car industry to develop 

[Hyena]

I have no problem with people being bearish because "Not only I should succeed but others should fail!"

[Dalmar]

People here were laughing at Greenspan when he called bitcoin a bubble last time. Now they are mocking the respectable business journal Bloomberg for showing obvious bearish sentiment. We will see who has the last laugh.  

[Elwar]

People here were laughing at Greenspan when he called bitcoin a bubble last time. Now they are mocking the respectable business journal Bloomberg for showing obvious bearish sentiment. We will see who has the last laugh.  

Bloomberg is respectable? To whom?

Is bitcoin a bubble?

[Peter R]

Forty-seven percent of respondents say they would sell Bitcoin, while 11 percent say they’d buy it. Another 7 percent say they’d hold the virtual currency, while 35 percent say they haven’t got an opinion about it.

Only 11% said they'd buy it: SELL!!!

Oh wait, if less than 1% currently own it and 11% want to buy then that means 10X more demand:  BUY!!!!