Into Christmas and the New Year: Bull or Bear?

molecular

donator

Activity: 2772

Merit: 1019

Quote from: byronbb on November 17, 2012, 11:29:54 PM

Bear:

People selling coins to pay for christmas.
People have less disposable cash to buy bitcoins.
ASIC miners sell to recoup $$$ locked up for months/on credit.

Bull:
People buy drugs for new years.
Wordpress hype wave.
Bitcoin is going to be the internet's "money".

Opinions?

That ASIC miners selling for $$$ effect might not even come into play before christmas. *grin*

molecular

donator

Activity: 2772

Merit: 1019

Quote from: fcmatt on November 18, 2012, 02:07:32 AM

The great halving comes into play as a possible variable once it sinks in for the community.

is that bearish or bullish?

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

Quote from: fcmatt on November 18, 2012, 02:07:32 AM

The great halving comes into play as a possible variable once it sinks in for the community.

Duhhh how could I have forgotten that!! Huh

fcmatt

legendary

Activity: 2072

Merit: 1001

Quote from: smoothie on November 18, 2012, 02:47:31 AM

Quote from: fcmatt on November 18, 2012, 02:07:32 AM

The great halving comes into play as a possible variable once it sinks in for the community.

I think at this point it has already been priced in. Anticipation rally we had in the past 4 months shows it.

Yea people say that but like i said... Once it sinks in for real. As in the time frame it actually happens.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: fcmatt on November 18, 2012, 02:07:32 AM

The great halving comes into play as a possible variable once it sinks in for the community.

I think at this point it has already been priced in. Anticipation rally we had in the past 4 months shows it.

fcmatt

legendary

Activity: 2072

Merit: 1001

The great halving comes into play as a possible variable once it sinks in for the community.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Bear. Most people spend cash. I see people converting to fiat to buy gifts and go on trips.

FYI your bull item can also be a bear because people buy drugs with cash too, not just bitcoins. Grin

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

Bear:

People selling coins to pay for christmas.
People have less disposable cash to buy bitcoins.
ASIC miners sell to recoup $$$ locked up for months/on credit.

Bull:
People buy drugs for new years.
Wordpress hype wave.
Bitcoin is going to be the internet's "money".

Opinions?

Topic: Into Christmas and the New Year: Bull or Bear? (Read 1134 times)