Bitcoin bulls vs bears... what side are you on?

[madrogue]

Investors choose Bear market and then they become Holders.
Holders choose Bull market to sell their assets for profit.

[btc78]

The people in your list aren't bitcoin "bears".They are anti-bitcoin haters.
A bitcoin bear,is a trader that expects that the bitcoin price will go down,so he sells now and buys later at a cheaper price,which means he gets profits.The people in your list are saying that bitcoin is bullshit and will die sooner or later.

Anti bitcoin people cannot be consider as Bitcoin Bearish right?They shouldn’t be on the list because they dont even belong here so who will support them?the FUD creators?or those anti bitcoin here but still staying inside the cryptospace?

Well obviously the majority of answers will favor the bitcoin bullish because pople here wants positive feeds and don’t even have care for those puppets that hates bitcoin and wanted this to die

[talkbitcoin]

Investors choose Bear market and then they become Holders.
Holders choose Bull market to sell their assets for profit.

maybe these people who you are talking about don't yet know what being bullish and bearish means!
sitting around and hoping for the market to move in a direction after you are done with it does't matter at all because you are already out of it and your thoughts don't matter.
what matters is when people are still in the market and are bullish meaning they buy more because they think price is going up or are bearish and think the opposite.

[Gaff]

The people in your list aren't bitcoin "bears".They are anti-bitcoin haters.
A bitcoin bear,is a trader that expects that the bitcoin price will go down,so he sells now and buys later at a cheaper price,which means he gets profits.The people in your list are saying that bitcoin is bullshit and will die sooner or later.

Anti bitcoin people cannot be consider as Bitcoin Bearish right?They shouldn’t be on the list because they dont even belong here so who will support them?the FUD creators?or those anti bitcoin here but still staying inside the cryptospace?

Well obviously the majority of answers will favor the bitcoin bullish because pople here wants positive feeds and don’t even have care for those puppets that hates bitcoin and wanted this to die

Most of the people who listened to negative propaganda became panicked, and failed to manage their asset which resulted to selling even though profit wasn't reached. However most certain cases became so drastic previous weeks ago, haters seem to influence more panic investors that's why we seen price was struggling to increase at better price surges. Bear market became so rampant, and that's not the side which I am looking for. Bull run must be established in order for cryptocurrency to become great again.

[Kevin77]

At this moment I can clearly say I am long on bull, I had enough time to collect as much bitcoin as I can and I continue to get more every week but at this point I am ready for a bull run.

Bear has been a bit good because thanks to the bear I have managed to drop the average buy price low enough to say I am fine with it, if the price went down a bit and went up again that would have been profit too but if it didn't give me enough time I wouldn't be capable of collecting this much bitcoin at these low amounts so I am grateful to bear market, yet no matter how much bear market worked out for me, I am always looking out for a bull for a quick get out.

If we can reach above $6k one day I will probably put a sell order and stop loss just so I can get out before it goes down again, however I need above $6k for that which is fairly bull. After going above $6k and I sell, than it can go back down so I can start to collect again.

[LUCKMCFLY]

At this moment I can clearly say I am long on bull, I had enough time to collect as much bitcoin as I can and I continue to get more every week but at this point I am ready for a bull run.

Bear has been a bit good because thanks to the bear I have managed to drop the average buy price low enough to say I am fine with it, if the price went down a bit and went up again that would have been profit too but if it didn't give me enough time I wouldn't be capable of collecting this much bitcoin at these low amounts so I am grateful to bear market, yet no matter how much bear market worked out for me, I am always looking out for a bull for a quick get out.

If we can reach above $6k one day I will probably put a sell order and stop loss just so I can get out before it goes down again, however I need above $6k for that which is fairly bull. After going above $6k and I sell, than it can go back down so I can start to collect again.

But it is not too late, we are in a phase of accumulation, even so, this stage is where the price is very cheap, we also do not know when the bitcoin goes up, but it is getting longer, it may increase in this phase, but correct, perhaps in those corrections nearby should take advantage of the purchase of bitcoin a little cheaper.

[$anounimus$]

Investors choose Bear market and then they become Holders.
Holders choose Bull market to sell their assets for profit.

I think the real investors don't think too much about entering at any price, it doesn't matter to them, the most important thing is how to be able to get profits and be able to influence prices in exchange.

[1Referee]

I think the real investors don't think too much about entering at any price, it doesn't matter to them, the most important thing is how to be able to get profits and be able to influence prices in exchange.

Getting profits largely depends on your entry price, lol.

Investors aren't the same, they have different targets, risk management and different motives. I would say that most investors aren't as emotionally connected with crypto as most of us here are, which actually is a good thing. People valuing the fundamentals tend to hold on to their coins longer than those who don't, which especially during bear markets results in a wasted opportunity.

I could have gained way more by showing less attachment to whatever I hold in order to end up with more coins right now, but it's very easy to speak out like this afterwards.

[exstasie]

first of all the people you named are neither bulls nor bears. most of them are idiots and assholes on the internet trying to achieve their own goals by using bitcoin and its name. for example McAfee is just making money from the publicity he gains, Dimon is advertising his bank and their centralized shitcoin,...

If no one else, Jack Dorsey is definitely a bull. He's on the record as believing Bitcoin will be "the internet's native currency." He's the founder/CEO of Square, which was already a booming peer-to-peer cash app when it added the ability to buy BTC. It's pretty much the easiest and most accessible way for retail investors in the US to buy BTC now.

that was somewhat my point. most of these people are advertising their own business whether they are for bitcoin or against it. so when that CEO is hyping bitcoin up, he is in fact advertising his own business so that he can earn more.

You could say that about any Bitcoin business in existence. You could even say that about any Bitcoin owner in existence. Don't we all want higher prices? Even margin platforms want the bull market to return because bear markets = low volumes.

The question wasn't whether Jack Dorsey wants to make money though. The question was whether Jack Dorsey is a Bitcoin bull. If he was a Bitcoin bear, there's no way in hell Square would have integrated Bitcoin.

[Razerglass]

Investors choose Bear market and then they become Holders.
Holders choose Bull market to sell their assets for profit.

Or in other words: Smart investors buy when others sell and they sell when others buy.
Financial markets are a zero-sum game, one group will be in loss and another group will be on the different side of a trade. Bull traders look for liquidation points where bear hide their stops on sell positions. Before big trends, order stops of bears are filled with newborn buy orders of bulls. The match happens between orders, pressure squeezes opposite side for joining the trend, the train leaves the accumulation point. Just a friendly reminder, moving in the opposite direction is meaningless when a train is moving forward.

[pooya87]

I think the real investors don't think too much about entering at any price, it doesn't matter to them, the most important thing is how to be able to get profits and be able to influence prices in exchange.

Getting profits largely depends on your entry price, lol.

Investors aren't the same, they have different targets, risk management and different motives. I would say that most investors aren't as emotionally connected with crypto as most of us here are, which actually is a good thing. People valuing the fundamentals tend to hold on to their coins longer than those who don't, which especially during bear markets results in a wasted opportunity.

I could have gained way more by showing less attachment to whatever I hold in order to end up with more coins right now, but it's very easy to speak out like this afterwards.

entry price is only one part of making profit. there still is a lot of other things to consider before being able to make good profit from an investment. for example consider the case of 2017 rise. the lowest price was around $1000 at the start of the year and one could technically enter there but making profit depended solely on the decisions that the investor made after that. for example there were many who panicked and sold their coins as price went back down a little in correction. so in their cases despite entering at a low price, they lost money.

[Bitcotalk]

I am on the bull side. I believe we have gone past the market correction and we have gotten to the stage where we are going to see a bull run the market, my reasons being that ever since bitcoin got to the $3000 range, it remained there and haven't gone below that, this is to show that we have already reach the pick of how low bitcoin can get for now and all we can expect is a fast recovery of the market in 2019.

[LUCKMCFLY]

I think the real investors don't think too much about entering at any price, it doesn't matter to them, the most important thing is how to be able to get profits and be able to influence prices in exchange.

Getting profits largely depends on your entry price, lol.

Investors aren't the same, they have different targets, risk management and different motives. I would say that most investors aren't as emotionally connected with crypto as most of us here are, which actually is a good thing. People valuing the fundamentals tend to hold on to their coins longer than those who don't, which especially during bear markets results in a wasted opportunity.

I could have gained way more by showing less attachment to whatever I hold in order to end up with more coins right now, but it's very easy to speak out like this afterwards.

entry price is only one part of making profit. there still is a lot of other things to consider before being able to make good profit from an investment. for example consider the case of 2017 rise. the lowest price was around $1000 at the start of the year and one could technically enter there but making profit depended solely on the decisions that the investor made after that. for example there were many who panicked and sold their coins as price went back down a little in correction. so in their cases despite entering at a low price, they lost money.

All these movements are part of something very important, they want us to sell cheap, when this is the opportunity to buy cheap, so maybe, by lowering the price of bitcoin cause panic in people who have invested in bitcoin, especially , those who are insecure.

[magneto]

Is it really a question of whether you are with a particular camp of people? You might not even reflect their entire attitude towards bitcoin.

Also, is there any sort of specific time period that we are talking about here? Because you could be expecting a bear market to hit any time when bitcoin prices are overheated (like in the 2017 bull market) and yet still be a long term bitcoin bull. These two things are not mutually exclusive by any means.

I'd consider myself to be extremely bullish in the long term for bitcoin's potential, but I certainly am not a permabull which constantly spews out predictions that are never going to materialise, especially when a price correction is imminently happening.

[1Referee]

All these movements are part of something very important, they want us to sell cheap, when this is the opportunity to buy cheap, so maybe, by lowering the price of bitcoin cause panic in people who have invested in bitcoin, especially , those who are insecure.

Who are they? It's not that the "manipulators" pushing the price down means it's only them being presented the opportunity to buy lower, we all can.

I'm certain that most of the whales people think are manipulating the prices have done everything they could to support the price at levels well above the current ones. They are partly a bagholder too, just like many of us here are. The selling pressure was too much to handle for such a thinly traded market. It pumps and dumps hard, nothing new. It's just how this market is.

[exstasie]

Also, is there any sort of specific time period that we are talking about here?

If you look at who is being compared, it's pretty obvious we must be talking about long term opinions.

On one side you have people who say Bitcoin is brilliant (Musk) and will become the native currency of the internet (Dorsey). On the other side you have people calling Bitcoin "rat poison" (Buffett) and "worse than tulip mania" (Roubini).

I'm definitely on the bull side myself, but I tend to temper my expectations a bit more than someone like Jack Dorsey. I'm confident Bitcoin will play an important role in global financial and economic activity, but I'm also ambivalent about the "one currency to rule them all" mentality that many Bitcoin bulls have.

[Razerglass]

Bitcoin Bulls:
========
Jack Dorsey
Elon Musk
Steve Wozniak
Bill Miller
Peter Thiel
Abigail Johnson


Bitcoin Bears:
=========
Jamie Dimon
Warren Buffett
Ben Bernanke
Larry Fink
Nouriel Roubini
Joseph Stiglitz


What side are you on?


Twitter | https://twitter.com/barrysilbert/status/1101104336615194625

No matter which side these famous guys gonna choose the invention will go further. Elon Musk is one of the biggest supporters on this industry and honestly, I am agreed with his opinions regarding crypto revolution that can be a game-changer for a traditional system.
 Warren Buffett is an old investor and nerd trader and he knows timing about when to talk about crypto's advantages. Ben Bernanke's opinion is outdated and i doubt he understands the mechanism of blockchain and bitcoin in his statement.

[Clark05]

There is some people who really don't know if this year become bull market still or bull run . Other said this year it will become bull run but this year other think it will still bear market.  

Once the bull run comes more people still earn more money but if they still bull run there is a lot of people who still suffer from it. I hope no more investor sell their coins to start bull run because of the panic investor they still here at bear market.

[vintages]

You didn't add the most controversial personnel;  McAfee. Anyway, I think it doesn't matter on which side you are on. For me,  I feel one can be in both side cause you can profit from the both of you want to, whenever they do their thing.
It's just a matter of knowing when to buy more and sell to re-buy.

[Pattart]

I will always go wit the bulls because I'm always bullish.
I am more focus on long term investment and that should make me bullish, it doesn't matter what happen to the market, I know it will recover.
It's still early and the price is really cheap now but eventually we will see some significant improvement as the market progresses.

Of course many people will be more inclined to bulls, because that will give benefit. But we know that the market will always be bulls and bears. Like or dislike. Need or dont need. There will be a time when you sell and there are times when you start buying and collecting again when the bears occur