I wish someone would take a few months to gather all the predictions made in this forum and make a list of the best nd worst predictors
You need to have a standard how to measure the goodness of the prediction. I said that the price would go to 450 when it was 850, and it did, 2 days after. Many thought that was impressive. If I now say that price will go to 450, it is not very impressive. In my thread there is a prediction contest, and the idea is that the average of other predictions become the standard that you have to beat, to get some glory and fame. Yes of course I wish someone would take a few months to gather all the predictions made in this forum and make a list of the best nd worst predictors
'Someone' has already invented such a prediction-validating mechanism. In fact, this very thread was originally created for speculators who engage in such predictions. It occured in very rudimentary forms since ancient times, saw a further sophistication during Roman rule, disappeared during the dark ages (obviously), reappeared in the late middle ages mostly around Italian city-states, & finally, emerged in its modern financial trading market form in ~1602 in the Netherlands, as the Dutch East India Company's shares were first traded among investors. Later, the ~1880's featured the advent of something yet closer to current currency/crypto trading exchanges - world currencies began to be backed by gold, and the first large-scale retail forex trades started taking place. It wasn't until 1996 that the Internet gave these foreign currency exchanges the capacity to run the entirety of trading electronically. Various digital new currency projects such as e-Gold/etc were soon undertaken excitedly by a series of hopeful entrepreneurs. ..Sadly, in large part due to vulnerable centralization & the absence of math-based strong encryption systems as core features of these innovations, they ended up failing & dimming public opinion of any digital currency concepts as irreedeemably flawed Ponzi schemes. Nevertheless, amongst the ashes of these unsuccessful experiments, a different, vastly more sound, secure & viable project came to light : Bitcoin. It is thusly that in early 2011 the very first bitcoin exchange markets were founded, bringing us full-circle to the present day as we find, with the warmth of serene satisfaction, that exchange markets indeed offer the best mechanism through which to filter the least skilled from the most skilled predictors, by comparing traders' accounts' initial investments with their net equity several months or years later. (Sorry, I just love history xD)Very interesting " https://bitcointalk.org/index.php?topic=193526.0" We have a few posts of rpietila; posts were extremely bullish and positive in May 2013, it is different now |
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I wish someone would take a few months to gather all the predictions made in this forum and make a list of the best nd worst predictors
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1 what? Year one? Why would you like that? That would be the time jesus was born? Yes indeed, but it's more fun to see people posting their reasons and ideas! If everyone just posted numbers in this thread it'd be quite boring indeed. At least we are done with the people saying they will go back in 2010-2012 to buy BTC |
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if it reaches 1k one day , that time i should be having 5-10k BTC on my hand
It did reach 1k, and IMHO we will be close to that in late-2014. What do you mean? You will have bought 5-10k?? Probably a typo I guess. Maybe he want to say he will have 5-10K USD (he has 5-10 BTC) Eh yeah, quite obvious that he meant that.  Right, not a very interesting information then  It is pretty commun to have 5-10BTC! |
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where is the adress?!?
previous message it gives the indication Got error 157 'Unknown error code' from NDBCLUSTER in blockchain |
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All visitors in Bitvisitor all visited  It probably brought a few players but it would be good if there is a campaign while the round is open |
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Where is the new deposit adress?
It will be up on the website in 15min, you can check the count down on the website 35% refund and 55% refund for the last 2deposits is pretty good |
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if it reaches 1k one day , that time i should be having 5-10k BTC on my hand
It did reach 1k, and IMHO we will be close to that in late-2014. What do you mean? You will have bought 5-10k?? |
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Not only for gold, but for Bitcoin also. I know some of my friends who bought Bitcoins from localbitcoins.com for a 25% premium. In my country, it is really difficult to purchase coins through Bitstamp or BTC-E. Quite difficult to deposit cash. So everyone have to depend on localbitcoins, despite the steep commissions which they charge.  Are you in Venezuela? It can be interesting to go there to sell some bitcoins and get a free trip |
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no bans on chinese saturday or sunday likely - maybe another reason why we are rallying.
I think this rally has flattened out, the question now is whether there will be another one or if we'll slowly go down again for a while. I am all BTC at this point but I'm tempted to short and see if I can increase my coins. well the bear run was so weak, and this is a strong and impulsive move that seems unexplained. I think the most likely explanation, we are continuing the bull run. We are cruising at half a grand and it could accelerate; I feel the market is very sensible so if it tanks quite a bit we could go down a lot but if it goes up in the mid 500s we should break a few resistances |
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Any news for the payment ?
I didn't receive mine but I am not worried, there are tens of members to verify and pay so I wouldn't be surprised if it takes up to 72h |
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How often do you make payments to investors? Or do they just take any profit (assuming there is some) at the time they divest their interest?
When someone loses the investment grows and when someone wins it decreases, you can check that online on the website Be sure you can legally invest in a bitcoin casino where you live |
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The site is up for me as well, so you will change the address on the first message of this thread first?
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well, looking better than yesterday update 27.03.2014 invested 0.50274831 BTC, ~0.5730%. someone invested around 10 BTC site bankroll 87.729964 & site profit 7.5761368 update 29.03.2014 invested 0.50119015 BTC, ~0.5799%. -- site bankroll 86.413821 & site profit 7.3096741 update 31.03.2014 invested 0.50105838 BTC, ~0.5818%. -- site bankroll 86.111018 & site profit 7.2879652 update 01.04.2014 invested 0.49928940 BTC, ~0.6559%. someone divested around 10 BTC site bankroll 76.112282 & site profit 7.0671325 update 03.04.2014 invested 0.49568540 BTC, ~0.6559%. -- site bankroll 75.570088 & site profit 6.5321816 update 05.04.2014 invested 0.50258219 BTC, ~0.6748%. -- site bankroll 74.468509 & site profit 7.5569766 update 06.04.2014 invested 0.51373044 BTC, ~0.6751%. someone lost a good bunch site bankroll 76.089872 & site profit 9.2192624 update 08.04.2014 invested 0.51381687 BTC, ~0.6748%. site bankroll 76.142872 & site profit 9.2322916 update 10.04.2014 invested 0.51486498 BTC, ~0.6749%. site bankroll 76.278760 & site profit 9.3902180 update 11.04.2014 invested 0.51932647 BTC, ~0.6750%. dan&diceclay on a roll site bankroll 76.925722 & site profit 10.061522 wooohooo two digits! update 13.04.2014 invested 0.52600862 BTC, ~0.6710%. site bankroll 78.382643 & site profit 11.099135 update 15.04.2014 invested 0.55111937 BTC, ~0.6695%. someone lost big (thresher?) site bankroll 82.317594 & site profit 14.909130 update 17.04.2014 invested 0.54708222 BTC, ~0.5726%. lots of gambling, more invest site bankroll 95.540405 & site profit 15.189882 nota bene: site wagered 1149.8203 BTC -> we're still above the expected profit at 0.99% house edge Does that mean the site profit will go down before the site wagered amount goes up to match it? Just as in rolling dice, getting lucky (or unlucky) in the past doesn't ensure that you'll get unlucky (or lucky) in the future. Over the long run, everything should even out to the statistical average, but that long run can easily be hundreds of billions of rolls (for example, JD is on 1 billion rolls and they are running 36,000 BTC BELOW expectation). Totally agree with FUR  It is mathematically unrelated event. But even if in the long run site's profitability should match with its house edge, it doesn't mean that the site has to lose in order to balance its profit. For example, if in the first month a site with 1% HE is profiting 2% and in the next 11 month the site is profiting 1%, then in average site's profit is already near 1%, that is ~1.083% (assuming same wagered amount on each month). i don't understand guys which come with say 0.001 BTC , double it few times in a row, than decide to take more risk and put their chance to 1-20% and lose all....why didn't they keep playing with the way it worked? ?
There is no system that works better than an other There's no system that can change ev. But a system does able to change the other factors. Lets take martingale for example, while the ev remains the same, "chance of a person leaving the site in a winning condition" does increase No playing a martingale is the same as betting big to get a small payout |
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Lol God damn it, why does no one trust me at the internet The picture was taken at night because I live outside the town and I get in the center only when I go out, at night of course Ths thread is making me laugh so hard I would never do such a thing For starters I never used paint, I'm well known to be one of the guys who loves the town, I alwYs brag how we're the 2nd oldest town in the world, did 2 articles about it in our local newspaper I folloe our football club altough we fell out the first division, I'm like the bigest local patriot around Would never harm a monument since I'm a historian too, spend my time learning our history even went on regional championship twice.. This goes against everything I believe in I just took a picture to get some donations, that's all You lied in the first place or you are lying now so you lost some trust. Lol God damn it, why does no one trust me at the internet The picture was taken at night because I live outside the town and I get in the center only when I go out, at night of course Ths thread is making me laugh so hard I would never do such a thing For starters I never used paint, I'm well known to be one of the guys who loves the town, I alwYs brag how we're the 2nd oldest town in the world, did 2 articles about it in our local newspaper I folloe our football club altough we fell out the first division, I'm like the bigest local patriot around Would never harm a monument since I'm a historian too, spend my time learning our history even went on regional championship twice.. This goes against everything I believe in I just took a picture to get some donations, that's all You should go clean it off if you're such a monument historian. Take a picture and then maybe people might donate to your clean up operation. Yes indeed good idea! |
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i don't understand guys which come with say 0.001 BTC , double it few times in a row, than decide to take more risk and put their chance to 1-20% and lose all....why didn't they keep playing with the way it worked? ?
There is no system that works better than an other |
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Btc price will be mired in the range of $400 to $600 all through 2014. Next year will be a breakout year. Just not this year.
I think you are right about this and bitcoin will stable around 450$ to 600$ this year and if we have again some big scam like MTGox then this could be more bad and can go down I know we are in the speculation section of the forum but you don't back up your claims with any arguments so it is not very interesting you think the price will vary between -25% and +20% because it feels you don't know what you are talking about |
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Either bitcoin itself or an IMF crypto is likely to be used for international settlements and primary reserves 5 to 10 years from now. It would be foolish to create a novel crypto, with an untested codebase and protocol, and place it in such a central role in the global economy. Therefore, I expect bitcoin to fulfill that role.
We are hoping for that but there is some potential for money transfer or as a currency as well |
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How many people have not heard about Bitcoin? I ask people about it all of the time and almost everyone looks at me puzzled and then asks me what it is. Only a couple people have even heard about it. One was very much of a "libertarian" mindset so he had studied it. I live fairly close to Los Angeles so this is a highly populated area in the US and even pretty "high tech." I am starting to see more things in the news though and it is slowly gaining some awareness. But there is no way we are at the "halfway point" yet. I guess if it remains a "niche" currency, perhaps, but there is so many things in the works that it is highly unlikely that happens.
We can't just rely on this though. For all we know bitcoin can still die before it reaches its potential or remain a niche that only a handful are willing to use. I'm on your side but I'm just being realistic I think that's what I am saying too. Surely we see quite a bit of attention going into the expansion of bitcoin with increased merchant acceptance and also the spreading of ATMs, but there is also some pull back too, such as Apple making matters difficult and regulations and China FUD and various incidents of BTC being stolen (GOX). So in that regard, we may NOT know that we are more than halfway through the life until after we have past the point of half way. I also see that there is a lot of bitcoin potential, and that is why I have diverted quite a few of my investment funds from other asset classes, such as index stock funds to instead be invested in bitcoin. NONETHELESS, if next year we have a 10X increase - then we can be assured we are NOT half way yet in bitcoin's adoption...... But if we do NOT, then we may need to question whether we har past half way or whether a different model is more applicable to bitcoin. Anyhow, maybe I am just getting a little more concerned about my investment based on this nearly 5 month long downtrend in prices... I think a lot of the great things that will happen within the Bitcoin protocole are being thought of or created at the moment but it takes some time; among the genius and entrepreneurs that decided to leave everything and go create a Bitcoin business in 2013 some will succeed in 2014, some later on or they will fail and try to create something new that will add value to Bitcoin |
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