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donator
Activity: 784
Merit: 1000
November 22, 2013, 09:44:40 AM
#8
Some bulls become short time bears to gain extra btc in their stash.
But it's very risky due to permabullish nature of bitcoin. Many of them finally missed the train sold at $5, $30, $60, $100, $300, $500.


member
Activity: 83
Merit: 10
November 22, 2013, 09:38:38 AM
#7
I sold around $400. Still got my buys spread between $100 - $200 and they're staying there for a while at least.

I suspect bearishness correlates with how far out people zoom on their chart of choice (e.g. the more bearish, the more the person zoomed out)

full member
Activity: 160
Merit: 101
November 22, 2013, 09:35:12 AM
#6
The shit could collapse in the 75-125 range and stay there for a long time. That's the most pessimistic scenario I can think of.

Yeah, that's pretty much a worst case scenerio. I think the next phase will be capital flowing away from Bitcoin and over into the altcoin markets. Yesterday on RT Max Keiser mentioned Litecoin and I see today it's closing in on $10.00.

I think it's this episode: http://rt.com/shows/keiser-report/episode-526-max-keiser-025/
Litecoin is a pump and dump scheme. It offers no advantages compared to BTC.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
November 22, 2013, 09:32:35 AM
#5
The shit could collapse in the 75-125 range and stay there for a long time. That's the most pessimistic scenario I can think of.

Yeah, that's pretty much a worst case scenerio. I think the next phase will be capital flowing away from Bitcoin and over into the altcoin markets. Yesterday on RT Max Keiser mentioned Litecoin and I see today it's closing in on $10.00.

I think it's this episode: http://rt.com/shows/keiser-report/episode-526-max-keiser-025/
sr. member
Activity: 252
Merit: 250
November 22, 2013, 09:30:30 AM
#4
OK, do not kill me for that question...
What does "bear" and "bearish" mean!

Thanks!

Means when you are a bear you think the price will go down
jr. member
Activity: 45
Merit: 3
November 22, 2013, 09:28:38 AM
#3
OK, do not kill me for that question...
What does "bear" and "bearish" mean!

Thanks!
full member
Activity: 160
Merit: 101
November 22, 2013, 09:26:48 AM
#2
The shit could collapse in the 75-125 range and stay there for a long time. That's the most pessimistic scenario I can think of.
hero member
Activity: 812
Merit: 1000
November 22, 2013, 09:24:31 AM
#1
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