Post
Topic
Board Press
Topic OP
2014-01-21 Bloomberg - Bitcoin No Bargain as 47% of Investors go Bearish
by
kiko
on 22/01/2014, 14:59:49 UTC
http://www.bloomberg.com/news/2014-01-21/bitcoin-no-bargain-as-47-of-investors-go-bearish-in-poll.html

Quote
Forty-seven percent of respondents say they would sell Bitcoin, while 11 percent say they’d buy it. Another 7 percent say they’d hold the virtual currency, while 35 percent say they haven’t got an opinion about it.

"go bearish" How many times have they measured sentiment like this? How many of the bearish have ever used the currency? Read the whitepaper? Gotten out of the cheap seats?

I suspect none of the bearish had a fair value in mind above zero. I wish they had been asked "At what price would you be a buyer?"