Author

Topic: Are we in a Bear Market right now? (Read 1907 times)

legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
November 04, 2012, 07:53:16 PM
#17
just look at the monthly chart then move to weekly chart
hero member
Activity: 699
Merit: 500
Your Minion
November 04, 2012, 06:42:34 PM
#16
If my calculations are correct; If this baby hits 88mph, you're gonna see some serious shit...

No really, just wait until reward halves and the ASIC tech comes pouring in. The market will act in ways never witnessed in the previous years. Everyone is going to be running around like chickens with their heads cut off. We aren't a Bear Market right now. This is just the calm before the storm. So you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life.  Smiley

+1 On all of it. Big miners with big investments as well as the lower fledglings will be having their mining pools reward address go straight to Gox no wallet used as the race for ROI is on.
donator
Activity: 994
Merit: 1000
November 04, 2012, 02:11:49 PM
#15
If my calculations are correct; If this baby hits 88mph, you're gonna see some serious shit...
+1
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
November 04, 2012, 01:58:28 PM
#14
If my calculations are correct; If this baby hits 88mph, you're gonna see some serious shit...

No really, just wait until reward halves and the ASIC tech comes pouring in. The market will act in ways never witnessed in the previous years. Everyone is going to be running around like chickens with their heads cut off. We aren't a Bear Market right now. This is just the calm before the storm. So you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life.  Smiley
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
November 04, 2012, 01:48:47 PM
#13
Once and if we go into the single digits I'd call it a bear market. Everything else is just stable on my watch.
full member
Activity: 238
Merit: 100
November 04, 2012, 12:35:10 PM
#12
Growwwll GRRLL!!    12 (28.6%)
MooooohOOO!    30 (71.4%)
Total Voters: 42

(There are many factors, but this is just a guess.) If we go by these results, we are most likely in a bear market. (71.4% are probably holding bitcoins, 28.6% are probably holding cash. This makes it easier to go down than up.)
sr. member
Activity: 434
Merit: 251
November 04, 2012, 10:21:04 AM
#11
You should give a timescale for this type of questions.

Looking at the last 3 years, I would say a bull market  Wink

What timescale would you have to use in order to see a bear market?

Last month.
We lost around 20-25% in a month, that's something more significant.
donator
Activity: 2772
Merit: 1019
November 04, 2012, 04:37:03 AM
#10
You should give a timescale for this type of questions.

Looking at the last 3 years, I would say a bull market  Wink

What timescale would you have to use in order to see a bear market?
sr. member
Activity: 434
Merit: 251
November 03, 2012, 07:10:49 PM
#9
You should give a timescale for this type of questions.

Looking at the last 3 years, I would say a bull market  Wink

In bitcoin time, this would be something like 2-3 month of overall market sentiment

You mean the exact time since the top at 15$, right ? Cheesy
Actually, looking at that time, sure we're down, but only ~30% (to be compared with the previous 3 months who saw a 200% increase). In bitcoin valuation, not even sure i would qualify it as a bear market.
A Bear cub market then ?
legendary
Activity: 1022
Merit: 1000
November 03, 2012, 06:57:35 PM
#8
You should give a timescale for this type of questions.

Looking at the last 3 years, I would say a bull market  Wink

In bitcoin time, this would be something like 2-3 month of overall market sentiment
sr. member
Activity: 434
Merit: 251
November 03, 2012, 06:53:10 PM
#7
You should give a timescale for this type of questions.

Looking at the last 3 years, I would say a bull market  Wink
donator
Activity: 2772
Merit: 1019
November 03, 2012, 02:02:55 PM
#6
Option 2. Bear trap is where we are now.

However, I don't currently see any clear trends for the market. It could be that we'll be around $10 and $11 for a while now. I would welcome a period of stability. But we'll see.

I'd be amazed if we'd see "stability" throughout December. Too many external factors coming into play that the market may or may not have factored in correctly. Too much uncertainty and emotions as things play out.

legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
November 03, 2012, 01:32:00 PM
#5
Option 2. Bear trap is where we are now.

However, I don't currently see any clear trends for the market. It could be that we'll be around $10 and $11 for a while now. I would welcome a period of stability. But we'll see.
full member
Activity: 238
Merit: 100
November 03, 2012, 12:50:18 PM
#4
Maybe we are, maybe we aren't  Wink
donator
Activity: 2772
Merit: 1019
November 03, 2012, 12:45:59 PM
#3
The question in my mind is which option.

1) We have been in a bear market since the June 2011 high and the recent rise from 2 to 15.4 was just a correction.
2) The bear market ended in November 2011 and we are now in a bull market. Any bearish market activity we see now is just a correction.

Without backing up my claim: 2) is more correct than 1)

I don't think we're in a bear market, havent been since last year. Widespread pessimism?? No way, that was fall 2011.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
November 03, 2012, 12:21:36 PM
#2
The question in my mind is which option.

1) We have been in a bear market since the June 2011 high and the recent rise from 2 to 15.4 was just a correction.
2) The bear market ended in November 2011 and we are now in a bull market. Any bearish market activity we see now is just a correction.
legendary
Activity: 1022
Merit: 1000
November 03, 2012, 11:07:50 AM
#1
Definition of 'Bear Market'

Quote
A market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continues, pessimism only grows. Although figures can vary, for many, a downturn of 20\% or more in multiple broad market indexes, such as the Dow Jones Industrial Average (DJIA) or Standard & Poor's 500 Index (S&P 500), over at least a two-month period, is considered an entry into a bear market.

Read more: http://www.investopedia.com/terms/b/bearmarket.asp#ixzz2BAzTE2Zw
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