I just read up on your ANN, and you said it pretty clearly there. Let me be clear, my statement wasn't a criticism on you for releasing this coin, more of a critique on those who are lampooning the sustainable profitability of this coin.

That said, I'm confident you complicitly made a profit with this coin too.

Of course people made money off of this. Those who got in during the first few days would naturally make tremendous profit. Doesn't mean it'll be sustainable or that new players can even hope to find this level of success.

The intriguing thing is that the price of this coin is following a lognormal-dispersion valuation (delta-parameterized) ever since the high point back on the 7th of February.

Which means, at the rate it's going, it'll reach 1 satoshi at the end of March (if it doesn't reach there sooner). Then another 2 and a half months then it'll hit the 1 litoshi mark.

Fascinating that an altcoin market would actually function like that.

Yep, this would be the case if the nominal interest rate is 10000% per annum compounded daily.

I haven't looked at the code for this coin; but if this is the case, anyone with a modicum of financial knowledge would know how stupidly unsustainable this is. You don't need an experiment to show that.

Golden State Warriors: 111
Washington Wizards: 97

Part of me feels like btc-e is slightly antiquated too. The only nifty advancement that they have is their PAMM service, but that just destabilizes and increases the starting floor over time. That means for more people who want to solo trade stateside, other platforms such as coinbase is more ideal.

I'd say $35 is way more likely than $3,500.

For kicks, I applied some lognormal distributions to a multinomial tree on a "generic stock" and looked to see neutral chances (while accounting for a marginal 8% gain per annum) of reaching either price over the next five years. Let's just say if I were a betting man, I'd stick with my first sentence.

[As a caveat, from the $100 point in September 2013, the same distributions said that $10 was much more likely than $1000 in five years, and we know what happened there...]

Seattle: 38
New England: 23

Portland: 106
Atlanta: 97

OKC: 112
ATL: 107

Sadly, I kinda agree; this looks like a "dead cat" bounce.

Oh well, I bought at 175, and sold enough to cover cost +10% (as a hedge) at 215. I've just stored the remaining coins leftover from the transaction.

If price goes up from here, yay. If not, at least I got myself covered...

I honestly think after failing to hit a breakout in December, it's gonna be a bear market for a while longer.

Did you seriously swipe what I wrote for my review (i.e. copy and paste)?

I don't know how I feel about this...

Phoenix: 103
Oklahoma City: 111

I don't think we can really call this "official" per se...

Anyhow, I quite easily gave my vote to DirectBet, and I'm not sure why it's such a surprise they are doing so well.

I read a lot about shill accounts and that sort of thing; and if that is the case, that's unfortunate, because based on my experience with them, they can win on their own merits.

I've used other BTC sportsbooks in the past, and the straightforwardness and relative anonymity of DirectBet is unmatched in the cryptocurrency world. I do agree with the arguments that they are a bit slow with the lines for the non-primetime games in things like CFB/NCAAB, but more often than not, lines for pro games are available quite early. Sure, they might not be flashy, but everything is straightforward and reliable, and that's what wins it at the end of the day for me.

Atlanta: 96
Cleveland: 101

Miami 93
Washington 95

DirectBet.eu 5.0

Right around the time I started looking for a BTC book, I came across this thread. After seeing the positive reviews for this site, I decided to give it a try. Now, this is my preferred bitcoin book by far (and is slowly transitioning on becoming my second book overall). It offers many nice features, while at the same time offering anonymous betting.

They offer a lot of options for many of the popular events (like SNF/MNF), and they also offer at least the basic lines for many of the major games. On top of that, you can negotiate odds, settlements are quick, all while linking only a BTC payout address.

As for offered odds, they are very close to Vegas odds, and for those few times that the offered odds aren't, they are fine with arbitrage betting (I haven't had my bet rejected when I took an arbitrage opportunity).

Best of all, the process is so, so, so, painless. It really is no muss, no fuss, no hassles.

I highly recommend DirectBet.eu as either a supplementary book or a primary book.

A matter of time huh? Cause one millennium is a matter of time.

I still think prices are prepped for upward rally movement, but not that much.

Russia has been on a serious streak of stupid bans. And the sad thing is that this ban isn't even remotely near the "stupidest" of bans within the past few months.

Just remember, they've banned the import of food from a whole bunch of countries. That led to food prices increasing by a bunch of percentage points within a few weeks.

The bitcoin ban was somewhat anticipated and surprisingly not as "stupid." Then again, as mentioned, how the hell are they gonna enforce this?

Damn, I so wish this bet actually happened. Oh well. That n00b troll is on to trolling the price movement thread with crap about USA banning bitcoin.

Trolls are so funny...

Since these two were so kind to quote me and give their pick:

The BTC price of XC when they quoted was right after a small spike (hitting 0.0017) at 0.0015; price in USD: $0.60
The BTC price of XC today (nearly three weeks later) is 0.0013; price in USD: $0.40

Not all so bad in terms of BTC; but in USD, a significant hit larger than the drop that BTC has taken.

However, like I said, the aim is a 3- to 6-month stretch. And its BTC price trend has been pretty decent.

That said, I'm not actually endorsing that pick, just stating facts...