Sandia
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August 30, 2014, 03:27:30 PM

There seems to be far more people screaming 'sell now or you'll loose everything' than bulls around, certainly on here anyway.

I don't even count people like fallling or dump3r, if that's who you have in mind. I have them on ignore, as they're barely literate.

Among the literate, non-trolling posters, yes, I do believe the majority is too optimistic for the short term.

Keep in mind, I replied to a post by schickeria who complained that in a market like this (consolidation at best, continued bear market at worst) posts like Klee's "Bears never gonna learn" start sounding delusional. I agree with that, even when I'm long-term extremely optimistic for Bitcoin.

Keep in mind, this is the Wall Observer thread.  It is about minute-by-minute chart watching, not macro market moves.  $5-10 price moves are the subject, not long term trends.

Every (yes, I said every) CCMF post is made tongue in cheek.  I think 90% of the bear posts are also tongue in cheek.  Overall, IMHO the bull/bear thing is more about easy entertainment than reality.

I am a scalper and all profits go into more btc.  On a daily basis, I don't care if it is up or down.  Long-term, YOY,  I am a bull so I am happier with ups than with downs.   Does it make me smile when the market beats a bearish prediction?  Yeah.  But I probably made money either way.

TL;DR: most of the bear/bull stuff is banter.