Topic: Are you bullish or bearish right now? (Read 5802 times)

You are actually quite right about this one. One has to consider, though, that the bull runs are still (even now) bigger than any bear market - even if the bear market lasts longer in terms of time. Bears seem to be the better traders, in my experience - they aren't afraid to change camps as much as bulls are, it seems!

Seems like we went down from there. I'm concerned by the fact that we have broken down below the small uptrend support line. I don't really know where our new lines lie, though. I guess we may be forming completely new ones, and push against the former support line, which is now a resistance line, most likely!

Always bear, never a bull, and 99% of the time, you are right. Regarding the other 10% , well if it indeed gets to a full scale bullrun, it doesnt matter if
i didn't rebuy at lowest point, i will still make profit soonafter.

cheers

$238 seems to be the magic orchestrated number for the day.. Good Lord, what will tomorrow bring, up or down? Gotta be up since certain types are MIA.

optimistic bullish , but atm still bearish 

Ohhh. I'm going to like you! 

Nope, Doom presiding

I just don't see any evidence of large scale manipulation. It would have to be a large scale effort: you and I can want cheaper Bitcoin all we want but our effect on the market will be limited. But Bitcoin is just a small side market for large institutional investors who might have the ability to manipulate the market a bit.

Doom subsiding?

but not true with bitcoin, the last halve did had an effect, the price was starting to rise prior the halving, and reached a x2 , it doubled in substance

i doubt it will remain the same, something will happen for sure, it might be still worth to being bullish by that time

 I am bullish. back in oct 2011 bitcoin was $3. I see this as a real number not a goxed number for example. In the next 12 months it went up 2-3 times depending on which numbers you use.
so bitcoin can easily have good growth of that level when it is not being goxed.

so I take a possible price in oct 2015 and see what the price might be in oct 2016 using the year on year change to get to the Oct 2015 price from $3.
The figures are below
eg if price drops as some predict to a "true" bottom of $100 the year on year change has been 2.39 so I see bitcoin being $239 in oct 2016.
so if i bought now and even if there was a big drop to $100 within a year I would be roughly back where I bought at. Obviously if the price is about where it is now (250) the price might be one year on nearly 800. Even if my extrapolation overstates things by say 50% a price in Oct 2016 might still be nearly $400 a year later -  great gains
It works for me.


100   239

200   574

250   796   
   
300   945
   
   

I am of the opinions that the current bear run is waning away as we speak.

I also heard a coins halving should increase the price in the long term, but noticed it rarely seems to work out like that for alts. Perhaps its because bitcoin's been going down for over a year and the alts follow bitcoin.

I voted long term bullish and short term bearish, this coin/tech has so much to offer, I really am not to fussed about price as long as it is still being adopted and people still care then that is what matters. Long live the bitcoin movement more than the price..

Judging by the impact of halvings of other coins it never had a relevant effect on the price, even tho Bitcoin is not comparable to any alt because its the original coin, it may indeed serve as a bull presure when the day comes, in any case i have the halving day marked in my calendar as an important day.

Depends on what you mean by "right now"? When it comes to the price short term, I'm kind of on the fence. Other than the mini spike in June last year, the price has been going down pretty much consistently over the past 15 or so months so I'd be lying if I said I knew that this is the bottom and that prices won't fall even further.

When it comes to the price long term, then I'm definitely very bullish although probably not as much as some other people here. The technology of the blockchain is sound and the benefits are pretty obvious (trustless, near-instant, and very low-cost transactions for starters). The past several years have shown that not only does the protocol not have any fatal weaknesses, but also that the network can scale and continue to remain resilient to attacks in the face of ever-increasing market caps. Even more importantly, mainstream society is now starting to accept BTC and the concept of cryptocurrencies. I first knew about Bitcoin back in 2011 and back then, I would never have thought that major companies like Microsoft, Dell, Overstock, and Expedia would be accepting BTC (granted, with the exception of Overstock, this description isn't truly accurate) or that companies like Microsoft and IBM would start their own blockchain-based projects.

I predict Bitcoin and cryptocurrencies in general have a fair shot at reaching the status of how gold is viewed today sometime in the future. To think that it will replace all fiat currencies and become the main currency is a bit more ambitious and slightly less likely IMHO, but still far greater compared to the risks of not investing at all:

Yeah now all is waiting next block comming and see what happen. Price up or still stable like now because many manupulation price on market

Bullish (what a surprise right  I'm always bullish) but seriously, wave iii didn't play out, the flat stability is bullish. https://bitcointalksearch.org/topic/m.11248761

i was quite bullish but i am seeing a short term decline and believe it will be initiated very soon. so currently you can say i am bearish. next few months will be different for sure with block halving comming.

Bullish 

short, mid, and longterm