I don't understand permabear mentality. Isn't it a contradiction?
that could be someone who think bitcoin won't succeed on the long term, as simple as that.
for me i was bull on bitcoin, i bought 10 of them this summer, but then the censorship on reddit just disgusted me. I realized how few people can decide. I realized how bitcoin can be substantially changed by either the devs or the miners, and that they have too much power imo for the coin to go big.
So yes, there are permabulls, and there are permabears
But of course, i believe now the trend is bull.