Bulls, bears, pigs and chickens | Bitcointalksearch.org

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: UltimateReaper on April 30, 2013, 05:12:35 PM

Quote from: Qoheleth on April 30, 2013, 04:29:27 PM

Quote from: UltimateReaper on April 30, 2013, 01:44:34 PM

Are you saying pigs fuel the profits of bulls and bears?

Here's the thing.

Markets are useful in different ways to different people. You can use them to buy things you need. You can use them as a hedge. Or, you can try to game the market and win money playing patty-cake.

If you're in the latter category - if you're in the market to game it - you have to accept that it's a negative-sum game. If you're winning, it means someone else is losing; people who bought at the wrong time line the pockets of the people who sold to them, and people who sold at the wrong time line the pockets of the people who bought from them. If you're playing the game, that's the math of it.

Well of course. I'm just wondering what OPs motivation behind this post is.

Well yes you guessed it, it's the pigs who bring the profit to everybody who knows what they are doing.

The purpose of this thread is just to clarify the terminology and help to avoid its abuse in the future.

elux

legendary

Activity: 1458

Merit: 1006

omgitsmehehe

full member

Activity: 580

Merit: 108

Most people who post nonsense about Bitcoin being $1 in 2 years or $1000 in 10 minutes are hardcore geeks who think they're professional traders by using bull/bear in their vocabulary.

UltimateReaper

newbie

Activity: 56

Merit: 0

Quote from: Qoheleth on April 30, 2013, 04:29:27 PM

Quote from: UltimateReaper on April 30, 2013, 01:44:34 PM

Are you saying pigs fuel the profits of bulls and bears?

Here's the thing.

Markets are useful in different ways to different people. You can use them to buy things you need. You can use them as a hedge. Or, you can try to game the market and win money playing patty-cake.

If you're in the latter category - if you're in the market to game it - you have to accept that it's a negative-sum game. If you're winning, it means someone else is losing; people who bought at the wrong time line the pockets of the people who sold to them, and people who sold at the wrong time line the pockets of the people who bought from them. If you're playing the game, that's the math of it.

Well of course. I'm just wondering what OPs motivation behind this post is.

Qoheleth

legendary

Activity: 960

Merit: 1028

Spurn wild goose chases. Seek that which endures.

Quote from: UltimateReaper on April 30, 2013, 01:44:34 PM

Are you saying pigs fuel the profits of bulls and bears?

Here's the thing.

Markets are useful in different ways to different people. You can use them to buy things you need. You can use them as a hedge. Or, you can try to game the market and win money playing patty-cake.

If you're in the latter category - if you're in the market to game it - you have to accept that it's a negative-sum game. If you're winning, it means someone else is losing; people who bought at the wrong time line the pockets of the people who sold to them, and people who sold at the wrong time line the pockets of the people who bought from them. If you're playing the game, that's the math of it.

Odalv

legendary

Activity: 1414

Merit: 1000

Quote from: ElectricMucus on April 25, 2013, 07:37:29 AM

Quote from: smoothie on April 25, 2013, 07:29:45 AM

I MAY be a Bull-pig, but you are a chicken-pig-pathetic-troll. Cheesy

If that were true I wouldn't have had made any money. (I do)

Quote from: Akka on April 25, 2013, 07:32:46 AM

So you are saying Chickens do nothing at all, other than making a lot of noise?

Yes, there are a lot of them.

Yes we drew attention of lots of chickens and pigs recently.

Date Registered: August 14, 2011, 11:07:20 PM
so if you bought @$5($2) and sold half @$160($260) (with investment $10,000) you still have 1000 btc and $160,000($650,000) USD

UltimateReaper

newbie

Activity: 56

Merit: 0

Best not be bear, nor bull, nor chicken, none can fly.

I be dragon. I guard treasure, lay egg, make nest, hatch more dragon, build clan.

Dragon not exist. But want exist. Want be dragon.

Are you saying pigs fuel the profits of bulls and bears?

Qoheleth

legendary

Activity: 960

Merit: 1028

Spurn wild goose chases. Seek that which endures.

I'm glad this thread exists. People throw around "pig" on this forum like it's some kind of incantation to turn people they disagree with into people who are wrong.

I'm far too much of a fool to tell what way the wind's blowing. Best I can do is build a robot to do my trading for me, and do my best to silence my sometimes porcine, sometimes galline gut.

im3w1l

sr. member

Activity: 280

Merit: 250

I am a Sharkbullpig. Loan shark.

bitcon

legendary

Activity: 2212

Merit: 1008

perma-pig. arize chikunz!

centove

full member

Activity: 194

Merit: 100

I want a goat!

bitleif

sr. member

Activity: 351

Merit: 250

I'm always grumpy in the morning.

Personally I'm a human. I make plenty of mistakes and try to learn from them, without having to identify with some random farm animal.

WishIStartedSooner

sr. member

Activity: 252

Merit: 250

Quote from: ElectricMucus on April 25, 2013, 07:25:00 AM

You probably heard the sentence: Bulls make money, bears make money but pigs get slaughtered.

A pig investor is somebody who only buys during a rally and does sell too late to realize his profits because he want to have even more profits.
A chicken investor is somebody who avoids getting in all together and waits for cheaper prices, forever.

Meanwhile the bulls have bought long before the pigs got in and the bears close their short long before the chickens have a chance.
Most of the self-proclaimed bulls here are in fact pigs and most of the self-proclaimed bears here are in fact chickens. Most newbies here are either pigs or chickens.

I realized from this post that I am a pig.

But you guys can forgive me. For two reasons.

1st) I've USED bitcoin for a long time before I started holding, contributing to the economy. I was well aware of what had been happening in the bitcoin world when I started scooping up coin in February.

2nd) Being a pig caused me to read these forums, making me aware of these different strategies, causing me to reevaluate my (read: form an) investment strategy. So even though I started a pig, I claim that I have legitimately become a long term bull.

RationalSpeculator

sr. member

Activity: 294

Merit: 250

This bull will try to shake you off. Hold tight!

Quote from: ElectricMucus on April 25, 2013, 07:25:00 AM

You probably heard the sentence: Bulls make money, bears make money but pigs get slaughtered.

A pig investor is somebody who only buys during a rally and does sell too late to realize his profits because he want to have even more profits.
A chicken investor is somebody who avoids getting in all together and waits for cheaper prices, forever.

Meanwhile the bulls have bought long before the pigs got in and the bears close their short long before the chickens have a chance.
Most of the self-proclaimed bulls here are in fact pigs and most of the self-proclaimed bears here are in fact chickens. Most newbies here are either pigs or chickens.

Good summary.

nkspace

newbie

Activity: 14

Merit: 0

but that doesn't make sense that means i'm a
bull bought in at 12 - waited all the way to 150 - sold
bear- have waited to buy in lower to make a profit
pig - have joined in on a rally
chicken - feeling pretty scared right now

Bullbearpigchicken

YoYa

hero member

Activity: 809

Merit: 501