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Why are people reluctant to admit a bear market?

Bitcoin Reddit

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You'd think people here would want to be realistic about the asset, but instead they hop on this insane bandwagon of crazy denial! In my opinion, we are absolutely in a bear market. It's fine to admit it, it's worse to deny it. Bitcoin isn't magic, it will always have bulls and bears like every single other asset. It's more helpful to discuss it rather than to treat is a god who does no wrong! This isn't a place where we can discuss the market anymore, it's just an intense bullish echo chamber. I get the optimism, but it prevents realistic conversation. Anyone who tries to discuss the bear run is downvoted for some reason. I understand no one wants to talk about a bitcoin w inter but it is inevitable, I just can't understand why people are reluctant to see it's possible we're in one.

Edit: I sincerely appreciate this thread. It gives me hope for the future of decent conversation. Enough with the mania, let's be mature and supportive of our asset. We're all invested, and we're all believers. I can't wait to buy a can of coke in the local shop with Bitcoin!

submitted by /u/TitsMcNulty
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