Quote from: Dafar on September 14, 2016, 06:20:40 PM

Quote from: TrueCryptonaire on September 14, 2016, 05:07:18 PM

The dumps are causing more harm to Monero than benefit. The fact that as someon farts and the price drops 30-40 % as a result is caused by mass human psychology.
The arguments the bears are giving are only two: 1) "Price rose XXX% it has to drop" or 2) "The GUI is postponed, time to dump".

While the arguments of bulls are: More markets are now accepting Monero. More Moneros has been mined than never before until this very moment and thus the inflation is dropping..
Which arguments are stronger - you be the judge.

BUY BUY SELL SELL PHOTO

I don't think the arguments are mutually exclusive. The bear argument in your example is a trader's argument who is trying to use the volatility to scalp profits. There is no law that forces the price to move a certain way when it rises XXX% or vice versa, but there are thousands of traders who are looking at the same chart and using the same indicators to make their moves, it kind of creates a self fulling prophecy that moves these markets in a somewhat predictable fashion-- I'm using somewhat loosely, to say it's predictable would be a lie. The same person who thinks the price will drop over the next week can also think the price will be significantly higher next year. So the bear vs bull argument isn't black/white. If you are a long term holder who doesn't care about the short term fluctuations then you have nothing to worry about.

I kind of get you.
Personally I am for the long haul so the short term fluctuations do not matter that much anymore. That being said, if it matters others (such as the merchants and market adaption, I am very much against creating panic and mass hysteria).