It seems that opinions on Bitcoin are primarily divided into two categories:

(1) BULLS: People who grok Bitcoin, and thus are perma-bulls

(2) BEARS: People who do not grok Bitcoin, and thus are perma-bears

I would like to propose a third, new, much rarer category:

(3) OPTIMISTIC BEARS: People who grok Bitcoin and believe in its future, yet acknowledge that, at present, Bitcoin and especially alt-coins are still in the midst of a major speculative bubble that must deflate before the next growth phase can begin.

If you're in category 3, then please join me in this thread. Welcome to the home of the optimistic bears. I would like to hear from you.