taken from the other thread:
Yep, that was mine - and I stand by it.
Really: one of the difficulties around here is the inability to distinguish scammers from permabulls. Because the altcoin market is so "Fast and Furious", most people 'round here either fold permabulls into one of two categories: scammers or bagholders. But a permabull is a different breed of cat: ironically, he's the breed of cat that every bagholder yearns for. Go figure.
Now that the altcoin bear market seems to be over, we can spot permabulls fairly easily. Scammers, being the cynical sort, run for the border when a bear market chomps on an asset. So do ordinary punters, although they "capitulate" near the end of the bear's ravagings. Again, go figure.
But the permabull always sticks around, and is there to benefit when the bear turns into a friendly bull.
In fact, a permabull is likely to load up as his favourite investment as the gnawing teeth of the bear scare away most. As he gets more and more lonely with his HODLing, he tends to get louder and louder. Again, go figure. 
If you're not hep to this type, the permabull looks an awful lot like a bagholder in times like these. In times like early 2014, in contradistinction, a permabull looks an awful lot like a scammer.
And, the funny thing about a permabull is that he benefits fully from a bubble while it inflates - he never, never sells - but inevitably gets wrecked when the bubble pops. Again, go figure.
