The same could be said about the most aggressive of bulls during a price decline and subsequent flash crash, no?
Same denial, same greed, just applied in the opposite direction.
The difference is... a lot of bulls, are on here and have old accounts , snr , hero, ledg... and are "real" and not all but a good 90%- 95% of the bears that pop up when there is a down move are these daft tools that start tens of newbie accounts and start ranting utter crap... which is just a blatant and poor attempt at propaganda, they fool no one, but they persist, it is embarrassing. Also I think most "permabulls" really believe in the tech, and the prospects of BTC, hence why they think the price will go up... and a fair few bears actually also think the price is going up long term, but just not yet, and so they believe , but they are betting against in the short term for profit.. so the bulls at least are true to what they believe, the bears are playing both sides of the fence.
You have a point about the first part (bulls are, on average, older accounts). Then again, older account means they bought in earlier, so being bullish is a bit easier, considering you probably haven't been sitting underwater for more than half a year. About the second part, "bears playing both sides of the fence"... what's wrong with that? I don't consider myself a bear for the long term, but I'm not above selling at a point when I think we're in a manic phase and price will first have to go down for a while before it can rise again.
The same could be said about the most aggressive of bulls during a price decline and subsequent flash crash, no?
Same denial, same greed, just applied in the opposite direction.
You frequently come out with these equivalency arguments, which are largely overstated.
Bears and bulls are NOT the same (opposites). Even though there may be some truth to your assertions of equivalency, that seems to be much too simplistic of the difference description.
Well, that's how I see the two sides. I somewhat prefer the (positively oriented) enthusiasm of the real bulls over the feigned concerns of the fake bears (who only plan to re-buy cheaper), but that wasn't the point I made - I pointed out that both the self proclaimed bulls and the obvious bears regularly show extreme greediness, and both often appear delusional if the market runs against their position. That's the similarity I see, but feel free to exclude yourself from the observation if you believe you don't act like that.