Quote from: Fatov on October 25, 2015, 11:20:01 PM

Quote from: Erkallys on October 25, 2015, 11:17:57 PM

Quote from: rjclarke2000 on October 25, 2015, 11:00:14 PM

Quote from: gentlemand on October 25, 2015, 09:45:12 PM

Quote from: newbie miner on October 25, 2015, 05:29:09 PM

Well see another Bitcoin price bubble like we saw in 2013. The history of Bitcoin trading is a bubble, a correction, consolidation and another increase, Its happened four times and it will happen again.

Bitcoin's 'history' has been shat all over in the last couple of years. Anyone basing decisions on what it did in the past is a silly sausage considering how different things are now and how rapidly things can change. All this stuff is still being made up as it goes along.

I agree with mr gentlemand here. I am on here all the time in speculation and I read pretty much everything. 2 things I've learned in the last 2 years.

Bulls have no clue on the future

Bears have no clue on the future

But, speculating is fun.

Could someone explain me why everyone is talking about bulls and bears ? I've already heard about whales but since yesterday morning I see these two everywhere ! What's next, the monkey ? Let's open a Bitcoin zoo Cheesy

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Quote

The Bulls
A bull market is when everything in the economy is great, people are finding jobs, gross domestic product (GDP) is growing, and stocks are rising. Things are just plain rosy! Picking stocks during a bull market is easier because everything is going up. Bull markets cannot last forever though, and sometimes they can lead to dangerous situations if stocks become overvalued. If a person is optimistic and believes that stocks will go up, he or she is called a "bull" and is said to have a "bullish outlook".

The Bears
A bear market is when the economy is bad, recession is looming and stock prices are falling. Bear markets make it tough for investors to pick profitable stocks. One solution to this is to make money when stocks are falling using a technique called short selling. Another strategy is to wait on the sidelines until you feel that the bear market is nearing its end, only starting to buy in anticipation of a bull market. If a person is pessimistic, believing that stocks are going to drop, he or she is called a "bear" and said to have a "bearish outlook".

The Other Animals on the Farm - Chickens and Pigs
Chickens are afraid to lose anything. Their fear overrides their need to make profits and so they turn only to money-market securities or get out of the markets entirely. While it's true that you should never invest in something over which you lose sleep, you are also guaranteed never to see any return if you avoid the market completely and never take any risk,

Pigs are high-risk investors looking for the one big score in a short period of time. Pigs buy on hot tips and invest in companies without doing their due diligence. They get impatient, greedy, and emotional about their investments, and they are drawn to high-risk securities without putting in the proper time or money to learn about these investment vehicles. Professional traders love the pigs, as it's often from their losses that the bulls and bears reap their profits.

http://www.investopedia.com/university/stocks/stocks7.asp

I'd say that in crypto-currencies trading we have all of those animals

. I've went for a few minutes on this site, and it seems interesting. Thank you for sharing it to us Wink

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