Quote from: dancupid on May 02, 2013, 04:02:13 PM

Quote from: Wuji on May 02, 2013, 03:58:49 PM

Quote from: dancupid on May 02, 2013, 03:56:09 PM

Quote from: Wuji on May 02, 2013, 03:51:16 PM

Quote from: dancupid on May 02, 2013, 03:49:18 PM

So why did you want to make this post 2 months ago?
Shouldn't you have wanted to post 'bitcoin is going to the moon' so you could then sell at the top of the bubble?
You were a bear at $40? Seriously?

No I was a long term investor at $40. I became a bear after March 17th when Cyprus, Spain, Greece, Argentina etc. starting dumping money in and the price started to skyrocket. After about $150 is when I really started itching to sell. I dumped 20% at $103 just in case it was a short term bubble. I sold the Tue night before the Wed crash based on the highest ever volatility and price moving sideways. That three day run up Mon-Wed was just too much for me. I was convinced it was over.

I wanted to make it two months ago because like other bears I asked for fundamentals and rather than get any I got attacked and speculation. I saw bears getting attacked for months and did say that they were doing the right thing speaking their beliefs.

Well yes it was pretty obvious - but presumably you can see that someone is only a bear after they sell.
Anyone who invests at any point in anything is a bull until they sell.

There are long term bears and long term bulls. Short term bears and short terms bulls I do not see it in black in white as most here seem to. People like to try and pin down things, it is human nature. The more the price goes up the bearish I become. The less real fundamentals I see the more bearish I am. I can be somewhat bullish at $50 with no fundamentals when I see irrational exuberance pushing up price. Even though I know it is over valued I realize the heard does not yet and therefore there is more money on the table for me so I stay bullish till I see massive volatility.

Makes sense - glad you succeeded. You think there is a price when you turn bullish?

I said when the bubble burst I think the price will stabilize at $30-$50. The trend on 6 months shows a value of $30. My guess is with new interest a low of $50 and a possible push back up. I'll continue to buy back in as low as it goes. I have bought at $120, $110, $100, $95. I'll buy more if we hit $80, $70, $60, $50 and probably a massive buyin at below $40. Then I'll hold as long as I can before I feel irrational exuberance has clouded judgement again.