keelba (OP)
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Activity: 104
Merit: 10
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January 14, 2015, 07:19:06 PM |
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There is a difference between a bear and an idiot. A bear see reasons why the price should go down and may either short or defer buying until it goes back up.
An idiot says things like: I told you Bitcoin was a ponzi scheme Bitcoin servers no purpose and has no more value than a tulip bulb Bitcoin is not safe and has been hacked too many times Investing in Bitcoin = suicide I predict (with absolutely nothing to backup this statement) that Bitcoin will continue to go down until it reaches $0 and I will then remind you all how smart I was back then.
If this is you, you're an idiot. Don't call yourself a bear. Get off of these forums and never come back because obviously you don't get it. If you want attention, create a sign that says "The end is nigh" and stand on a street corner somewhere.
If you are a true bear and have valid reasons to think the market will continue to go down then please enlighten us. If you're an idiot, get the hell out of here.
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Blinken
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January 14, 2015, 07:21:39 PM |
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Only super-intelligent bears may post. Genius coyotes are ok too.
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Bitcoin ♦♦♦ Trust in Mathematics, Not Bankers ♦♦♦
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Rols
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January 14, 2015, 07:24:18 PM |
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There is a difference between a bear and an idiot. A bear see reasons why the price should go down and may either short or defer buying until it goes back up.
An idiot says things like: I told you Bitcoin was a ponzi scheme Bitcoin servers no purpose and has no more value than a tulip bulb Bitcoin is not safe and has been hacked too many times Investing in Bitcoin = suicide I predict (with absolutely nothing to backup this statement) that Bitcoin will continue to go down until it reaches $0 and I will then remind you all how smart I was back then.
If this is you, you're an idiot. Don't call yourself a bear. Get off of these forums and never come back because obviously you don't get it. If you want attention, create a sign that says "The end is nigh" and stand on a street corner somewhere.
If you are a true bear and have valid reasons to think the market will continue to go down then please enlighten us. If you're an idiot, get the hell out of here.
Bagholders are funny. You really have to make 10 new threads to post this Treat BTC as a spendable coin and you can sleep well. Now your anger will kill you. High blodpressure and more.
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BADecker
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Merit: 1373
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January 14, 2015, 07:40:29 PM |
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Thank goodness that I am an idiot. That way, when they take me to court because I can't pay my bills because of the Bitcoin drop, they can't hold me to anything, because they can't harm idiots. I can fall back on common law and require to face my accuser, him/her/it on the stand. Since "they" are a corporation, they can't get on the stand and answer my questions. I win.
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haploid23
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Activity: 812
Merit: 1002
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January 14, 2015, 07:42:38 PM |
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OP, I told you Bitcoin was a ponzi scheme
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virtualdn
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Merit: 1093
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January 14, 2015, 08:04:12 PM |
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ok im a bear
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1 BTC = 1 BTC
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promojo
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January 14, 2015, 09:17:51 PM |
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I am bullbear.
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astrobitcoin
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January 14, 2015, 09:22:11 PM |
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ok i'm not into daily trading (i appreciate more the math behind it), english is not my language and financial slang even less.. what the hell means bear or bear market?
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promojo
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January 14, 2015, 09:23:41 PM |
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ok i'm not into daily trading (i appreciate more the math behind it), english is not my language and financial slang even less.. what the hell means bear?
In easiest terms.... Bear means (sell/red on the candles) and being Bearish means that you think the value of the unit is going to decrease.
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astrobitcoin
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January 14, 2015, 09:24:59 PM |
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ok i'm not into daily trading (i appreciate more the math behind it), english is not my language and financial slang even less.. what the hell means bear?
In easiest terms.... Bear means (sell/red on the candles) and being Bearish means that you think the value of the unit is going to decrease. like selling with a loss?
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promojo
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January 14, 2015, 09:47:52 PM |
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ok i'm not into daily trading (i appreciate more the math behind it), english is not my language and financial slang even less.. what the hell means bear?
In easiest terms.... Bear means (sell/red on the candles) and being Bearish means that you think the value of the unit is going to decrease. like selling with a loss? Either that.... or selling coin for fiat... or shorting it (making money on the down-swings).
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keelba (OP)
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January 14, 2015, 09:50:03 PM |
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When someone is optimistic about the trading commodity he is interested in, such as Bitcoin, then he is considered a bull. He will want to buy. Many bulls together will want to buy and this moves the price in an upward direction.
Conversely, when someone is pessimistic, he thinks the prices will go down or perhaps has come close to reaching its potential and should start coming down. This person will want to sell. Or he may even choose to short the commodity. Enough bears will move the price in a downward direction.
A person can change from optimistic to pessimistic or vice versa very quickly. Perhaps at $200 he felt it was a good time to buy but the market has been moving upwards for a while and now at $225 he is starting to think that it's been too long and something is bound to change soon. It's kind of like that feeling you get when approaching an intersection and you've watched the light remain green for the past 10 blocks as you've approached. You start to get this feeling that it's going to turn red before you get there because it's been green too long. Sometimes you're right and you feel all smart in how you "predicted" this and other times you're surprised when you breeze right through the intersection. Anyhow, at any given time there are always bulls and bears present. When the bulls outnumber the bears this is considered a bull market and the price will start to rise, opposite when the bears outnumber the bulls.
There is an old saying: The bull goes up the stairs, the bear goes out the window. People move forward and invest cautiously but they spook very easily and sell out very quickly. This will drive the price down much faster than it went up.
Back to what I was saying in the original post, a person who is either a bull or a bear is interested in the market but feels the time is right now to either buy or sell. This is not the same thing as all the Bitcoin haters who come on here just to tell other people how stupid it is and how it can never succeed and has no intention of ever getting into the market at any point. This person just wants Bitcoin to crash to vindicate his indecision and not getting involved in the first place, AKA a coward.
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Meuh6879
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January 14, 2015, 10:02:19 PM |
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sethminer14
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January 14, 2015, 10:24:21 PM |
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I've just never felt that Bitcoin had the management to get full scale adoption. The idea is groundbreaking and Bitcoin was the trailblazer, but it's been shamed in public over and over again. It may pop back up again, but personally I don't think that will happen anytime soon. There has been too much loss and people have to get out to pay bills or keep their early retirement dreams alive.
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Mellnik
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January 14, 2015, 10:37:35 PM |
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I'm a bullbearwhale unicorn.
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Yeeeeah
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January 15, 2015, 01:00:54 AM |
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Well said OP. It's painful to read post after post that contains nothing but circular logic. As if saying so, makes it so. It's atrocious how lacking people are in even basic economics. Of course shills and trolls also abound but that's another issue.
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cozk
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January 15, 2015, 01:02:02 AM |
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I am bullbear.
I'm a bullwhalebear
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smoothie
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LEALANA Bitcoin Grim Reaper
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January 15, 2015, 01:03:13 AM |
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Such thing as an idiot bear?
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flipstyle
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January 15, 2015, 01:03:36 AM |
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There is a difference between a bear and an idiot. A bear see reasons why the price should go down and may either short or defer buying until it goes back up.
An idiot says things like: I told you Bitcoin was a ponzi scheme Bitcoin servers no purpose and has no more value than a tulip bulb Bitcoin is not safe and has been hacked too many times Investing in Bitcoin = suicide I predict (with absolutely nothing to backup this statement) that Bitcoin will continue to go down until it reaches $0 and I will then remind you all how smart I was back then.
If this is you, you're an idiot. Don't call yourself a bear. Get off of these forums and never come back because obviously you don't get it. If you want attention, create a sign that says "The end is nigh" and stand on a street corner somewhere.
If you are a true bear and have valid reasons to think the market will continue to go down then please enlighten us. If you're an idiot, get the hell out of here.
You mad, bro?
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