Bitcoin Forum

Economy => Speculation => Topic started by: wobber on April 15, 2014, 10:15:21 PM



Title: "Prepare for a historic growth"
Post by: wobber on April 15, 2014, 10:15:21 PM
Was talking with a friend today and he kept saying that. Our conversation turned more into a fight.

He was saying that we will have a huge rally this year and arguments for that were:

 - bitcoin gets more adoption
 - mentioned me about Maddona (even bad publicity is good in the end)
 - ETF launching
 - possible economic crises and stock market problems
 - even tech-illiterate people learn faster to use the technologies (exampled Africans using cell phones and 2 yr old babies playing on Iphone)

I was against it so we ended betting 1 coin and 50 beers that price will or will not go beyond 1500.


Title: Re: "Prepare for a historic growth"
Post by: BTCfan1 on April 15, 2014, 10:20:06 PM
is Madonna gonna accept them for her new album or something?


Title: Re: "Prepare for a historic growth"
Post by: wobber on April 15, 2014, 10:21:08 PM
is Madonna gonna accept them for her new album or something?

Sorry, I was ambigous. Maddone said once that "even bad publicity is good in the end". Might help bitcoin after all.


Title: Re: "Prepare for a historic growth"
Post by: YipYip on April 15, 2014, 10:22:16 PM
Was talking with a friend today and he kept saying that. Our conversation turned more into a fight.

He was saying that we will have a huge rally this year and arguments for that were:

 - bitcoin gets more adoption
 - mentioned me about Maddona (even bad publicity is good in the end)
 - ETF launching
 - possible economic crises and stock market problems
 - even tech-illiterate people learn faster to use the technologies (exampled Africans using cell phones and 2 yr old babies playing on Iphone)

I was against it so we ended betting 1 coin and 50 beers that price will or will not go beyond 1500.

Dude u will; be losing that bet for sure .. 2-5k per btc by nov-dec this year ATH July 31



Title: Re: "Prepare for a historic growth"
Post by: NationOwnedCCNow on April 15, 2014, 10:24:30 PM
Was talking with a friend today and he kept saying that. Our conversation turned more into a fight.

He was saying that we will have a huge rally this year and arguments for that were:

 - bitcoin gets more adoption
 - mentioned me about Maddona (even bad publicity is good in the end)
 - ETF launching
 - possible economic crises and stock market problems
 - even tech-illiterate people learn faster to use the technologies (exampled Africans using cell phones and 2 yr old babies playing on Iphone)

I was against it so we ended betting 1 coin and 50 beers that price will or will not go beyond 1500.


You don't think Bitcoin will go over 1500 during the Whole year? Oh boy you are pessimistic. Ofcourse they will. In fact, they will go over 10,000. Maybe. They will go to 2-4k in the next rally im sure, and then perhaps 10k+ by Winter.


Title: Re: "Prepare for a historic growth"
Post by: p0peji on April 15, 2014, 10:25:53 PM
That is some pretty dumb bet, if you lose you pay him 1500$ and if he loses he has to pay you way less.


Title: Re: "Prepare for a historic growth"
Post by: g4c on April 15, 2014, 10:30:56 PM
a bad bet.

[1]
as @p0peji says: part of the pot denominated in coin, you stand to lose more than him (should've been 100% beer :D)

[2]
no time limit specified, he can always state "oh it will rise in the end, lets just wait" and then die. You cannot do the same if it breaks above $1500.

[3]
you're probably on the wrong side of it.

http://www.game4coins.com/btc/btc_log_composite2.png


Title: Re: "Prepare for a historic growth"
Post by: wobber on April 15, 2014, 10:49:07 PM
[1] yea, I'll loose some but win more if we go that high.

[2] end of the year.

[3] Don't show me this! I might reconsider :D


Title: Re: "Prepare for a historic growth"
Post by: g4c on April 15, 2014, 11:01:52 PM
end of the year, 8 months nearly, that's like aeons in the bitcoin market :o

Show the chart to your friend and he may buy you some beers and forget about the bet. :)



Title: Re: "Prepare for a historic growth"
Post by: redwhite037 on April 15, 2014, 11:35:04 PM
That is some pretty dumb bet, if you lose you pay him 1500$ and if he loses he has to pay you way less.

Ha, good point! You should have bet in dogecoin or some other crap coin like USD instead.