Then nobody is a permabull and a permabear, that's impossible.
Exactly.
Thats why the terms are stupid and shouldnt be used. No one can be a permanent bear or permanent bull (unless they are functionally retarded), which is why you dont see the terms used anywhere in investment speak (outside of this forum).
... philosophy is of a bull.
...the bears can be called bulls if they want the price of bitcoin to go down since they are waiting to buy at lower prices but believing that the price will eventually rise again!
No. No. No.
"Bull" and "bear" have nothing to do with "want" or "philosophy". It is simply a reflection on
where you currently believe the market is headed....and yes people go back and forth between bear and bull all the time.
Definition of 'Bear'An investor who believes that a particular security or market is headed downward. Bears attempt to profit from a decline in prices. Bears are generally pessimistic about the state of a given market.
http://www.investopedia.com/terms/b/bear.aspDefinition of 'Bull'An investor who thinks the market, a specific security or an industry will rise. Investors who takes a bull approach will purchase securities under the assumption that they can be sold later at a higher price.
http://www.investopedia.com/terms/b/bull.aspWe disagree in the terminology. I use it in a logical smart way, you use it in an absolute way. I know the definitions of bull and bear. Again, a bear is someone that profits on the decline, how? by either short selling, or by waiting for drops to buy cheap.
Now, based on the definition of a bear, the only possible option is to short sale. since waiting for a drop, is technically a bull position as they are waiting for the stock to go up. Are we ok on that definition?
Now, I dare you to short sale bitcoin! I double dare any bears here! I don't think many will have the balls to short sale a stock that can easily shoot to the roof in a matter of minutes.
Regardless of that, there are permabears that are always trying to bring bitcoin down to buy at cheaper prices and for the most part, they are notorious in this forums.
Now selling because I believe it will drop a few dollars is considered a bearish position? well in the very short term, yes, but I'm a perm bull because I believe in the technology so selling to make a few dollars on the "bad" news does not make me a bear nor distort my bullish position.
I believe we might be talking about the same, but with different views of the concepts.
My position stands and I believe even the permabears are bullish and that's why I voted that most bears are people that wished they have entered the marked earlier.
