PermaBears

[smoothie]

Are there any out there?

I don't see that term being thrown around. But given bitcoin's price history is there really such a thing as being a perma bear?

Perhaps being a permabear with losing your stake in bitcoin with every spike you buy and fall you sell. 

[N12]

Nagle?

[podyx]

Edward50

He watched the price go from $2 to $1200 and is still trying to break even.

How is that even possible? Kinda feel for the guy but it's also pretty funny

[Wandererfromthenorth]

So I guess this is a perma-bull thing now, remember the good ol' days that are long gone?

[crazy_rabbit]

Are there any out there?

I don't see that term being thrown around. But given bitcoin's price history is there really such a thing as being a perma bear?

Perhaps being a permabear with losing your stake in bitcoin with every spike you buy and fall you sell.  

Ah, I certainly was too idealistic. I mean, I've made money- no doubt, for the amount I put int? Crazy. That said, I'm not rich and held on as I watched that price drop, and drop, and drop. It's gone so far, really I only hope it to hit low double digits so we can start everything all over again.

But this time without GOX, without Pirate, without shitty alt-coins, and just focus.

[smoothie]

Edward50

He watched the price go from $2 to $1200 and is still trying to break even.

How is that even possible? Kinda feel for the guy but it's also pretty funny

This guy ^ comes to mind when I think of the term "PermaBear".

Even Proudhon wasn't that bad.

From what I remember Edward50 was telling people to sell bitcoin at $2 in 2011 right?

Now on the down trend in price he is doing the same...

History repeating itself with the same guy?  

[smoothie]

So I guess this is a perma-bull thing now, remember the good ol' days that are long gone?

Nope not at all. The topic is PERMABEARS.

[podyx]

Are there any out there?

I don't see that term being thrown around. But given bitcoin's price history is there really such a thing as being a perma bear?

Perhaps being a permabear with losing your stake in bitcoin with every spike you buy and fall you sell.  

Ah, I certainly was too idealistic. I mean, I've made money- no doubt, for the amount I put int? Crazy. That said, I'm not rich and held on as I watched that price drop, and drop, and drop. It's gone so far, really I only hope it to hit low double digits so we can start everything all over again.

But this time without GOX, without Pirate, without shitty alt-coins, and just focus.

Ahh, the trollbears got the best of you eh. If you really believe that, you should ask yourself if you maybe have become delusional.

[HarHarHar9965]

I've seen Edward50 go bull. It was very short-lived, but he did it at least once.

[smoothie]

Are there any out there?

I don't see that term being thrown around. But given bitcoin's price history is there really such a thing as being a perma bear?

Perhaps being a permabear with losing your stake in bitcoin with every spike you buy and fall you sell.  

Ah, I certainly was too idealistic. I mean, I've made money- no doubt, for the amount I put int? Crazy. That said, I'm not rich and held on as I watched that price drop, and drop, and drop. It's gone so far, really I only hope it to hit low double digits so we can start everything all over again.

But this time without GOX, without Pirate, without shitty alt-coins, and just focus.

Not sure did you mean you are disappointed in the amount of money you made for the amount you put in? (Serious question).

The scammers are not going to go away just so we can "focus".

There will always be scammers in any market as there will be honest people as well.

That is just how the world is no matter what market you are in.

[oda.krell]

I don't see that term being thrown around.

Google gives 868 hits for permabear OR permabears, vs. 964 hits for permabull OR permabulls, for results from bitcointalk.org, but their numerical results are notoriously untrustworthy (mainly though once it crosses into the millions, so this one could be roughly accurate).

Seems about equal to me

[Torque]

In my mind, a bitcoin perma bear is anyone who supposedly has been investing in bitcoin longer than 2-3 years now and still doesn't have jack of return to show for it.

[smoothie]

Are there any out there?

I don't see that term being thrown around. But given bitcoin's price history is there really such a thing as being a perma bear?

Perhaps being a permabear with losing your stake in bitcoin with every spike you buy and fall you sell.  

Ah, I certainly was too idealistic. I mean, I've made money- no doubt, for the amount I put int? Crazy. That said, I'm not rich and held on as I watched that price drop, and drop, and drop. It's gone so far, really I only hope it to hit low double digits so we can start everything all over again.

But this time without GOX, without Pirate, without shitty alt-coins, and just focus.

Ahh, the trollbears got the best of you eh. If you really believe that, you should ask yourself if you maybe have become delusional.

If you profit...is it delusional when you realize gains?

I think not.

[smoothie]

I've seen Edward50 go bull. It was very short-lived, but he did it at least once.

If anyone can link to a post where Edward50 did go bull...that would be appreciated. Thanks in advance.

[smoothie]

I don't see that term being thrown around.

Google gives 868 hits for permabear OR permabears, vs. 964 hits for permabull OR permabulls, for results from bitcointalk.org, but their numerical results are notoriously untrustworthy (mainly though once it crosses into the millions, so this one could be roughly accurate).

Seems about equal to me

I didn't even think to google the term.

But as far as just browsing this forum really how many times do you see the term being used in relation to permabull?

1:10 ratio of you ask me.

[crazy_rabbit]

Are there any out there?

I don't see that term being thrown around. But given bitcoin's price history is there really such a thing as being a perma bear?

Perhaps being a permabear with losing your stake in bitcoin with every spike you buy and fall you sell.  

Ah, I certainly was too idealistic. I mean, I've made money- no doubt, for the amount I put int? Crazy. That said, I'm not rich and held on as I watched that price drop, and drop, and drop. It's gone so far, really I only hope it to hit low double digits so we can start everything all over again.

But this time without GOX, without Pirate, without shitty alt-coins, and just focus.

Not sure did you mean you are disappointed in the amount of money you made for the amount you put in? (Serious question).

The scammers are not going to go away just so we can "focus".

There will always be scammers in any market as there will be honest people as well.

That is just how the world is no matter what market you are in.

Oh I made money. I guess I wish I made MORE but then of course I would be talking like the game is over yet- and it's not. Bitcoin really taught me a lesson about greed however.

You're right about the scammers. Although I think maybe the next time around bitcoin is going to be out of 'our hands', if it isn't already. The past couple bubbles we sort of built ourselves, right here. The next time around I think we will probably mostly be on the sidelines as wallstreet molds it to the financial system's existing structure.

Just a bit nostalgic for the 'good old days' I guess when it still wasn't so serious and was more, I don't know, more something....

[smoothie]

In my mind, a bitcoin perma bear is anyone who supposedly has been investing in bitcoin longer than 2-3 years now and still doesn't have jack of return to show for it.

This would be a good definition only I would use the timeframe of (all of bitcoin's price existence).

[Wandererfromthenorth]

So what do you mean as "perma-bears"?

People that were ALWAYS bearish on bitcoin?


I bought at $10-$12, started selling in december 2013 - january 2014 and after that started mostly trading the big moves since there was good margin trading, liquidity was a lot better and the big bubble was starting to burst (so no point in blindly holding)

I mostly shorted this 2014, being pretty bearish all year aside from the predictable big $450-$680 short-term reversal-megapump.

At this point I am what you would consider a perma-bear. I don't have much hope for bitcoin, mainly for reasons linked to its fundamentals.
As for the technicals, the trend is down until proven otherwise. If there are signs of a strong reversal I might buy or go long but I doubt.

Am I a perma-bear or not?

[HarHarHar9965]

I've seen Edward50 go bull. It was very short-lived, but he did it at least once.

If anyone can link to a post where Edward50 did go bull...that would be appreciated. Thanks in advance.

I am loathe to actually search through posts, but THIS one, I am very confident on. I wouldn't forget something like this, and I didn't.

[smoothie]

Are there any out there?

I don't see that term being thrown around. But given bitcoin's price history is there really such a thing as being a perma bear?

Perhaps being a permabear with losing your stake in bitcoin with every spike you buy and fall you sell.  

Ah, I certainly was too idealistic. I mean, I've made money- no doubt, for the amount I put int? Crazy. That said, I'm not rich and held on as I watched that price drop, and drop, and drop. It's gone so far, really I only hope it to hit low double digits so we can start everything all over again.

But this time without GOX, without Pirate, without shitty alt-coins, and just focus.

Not sure did you mean you are disappointed in the amount of money you made for the amount you put in? (Serious question).

The scammers are not going to go away just so we can "focus".

There will always be scammers in any market as there will be honest people as well.

That is just how the world is no matter what market you are in.

Oh I made money. I guess I wish I made MORE but then of course I would be talking like the game is over yet- and it's not. Bitcoin really taught me a lesson about greed however.

You're right about the scammers. Although I think maybe the next time around bitcoin is going to be out of 'our hands', if it isn't already. The past couple bubbles we sort of built ourselves, right here. The next time around I think we will probably mostly be on the sidelines as wallstreet molds it to the financial system's existing structure.

Just a bit nostalgic for the 'good old days' I guess when it still wasn't so serious and was more, I don't know, more something....

One of the major things that keeps me from turning into a bear is that the current financial system will eventually change/break.

The fiat system is flawed as governments/central banks around the world get SOMETHING for nothing (pretty much nothing except ink, printers, and paper)