Bitcoin Forum

Economy => Speculation => Topic started by: bitsalame on April 02, 2013, 07:36:46 PM



Title: A crazy theory...
Post by: bitsalame on April 02, 2013, 07:36:46 PM
Are bitbet bets driving the prices up?
I know it sounds crazy, but I wonder if these bets are actually the reflection of the wishes of the collective unconscious... and becoming a self-fulfilled prophecy.
In any case, I will start to study them as possible indicators and see if they have predictive power.


Title: Re: A crazy theory...
Post by: adamstgBit on April 02, 2013, 07:41:03 PM
1) Buy BTC
2) Use BTC to Bet that BTC price will go up
3) Profit !!!
 :D


Title: Re: A crazy theory...
Post by: piramida on April 02, 2013, 07:49:40 PM
it's not crazy, it's silly :) largest bets are in sub-100 BTC territory, and prices are moved by a hundred thousands usd worth of purchases...