I think this was the first story I read...

http://news.slashdot.org/story/10/07/11/1747245/bitcoin-releases-version-03

I thought cool. I'm going to set my PC mining some coins see what happens... I started researching, but I was working, and stuff got in the way and I forgot about it. oh internets.

This was the second story I read...

http://news.slashdot.org/story/11/02/10/189246/online-only-currency-bitcoin-reaches-dollar-parity

I smacked myself in the face for failing to act sooner, sold my left testicle (this is a metaphor) and bought 100BTC pronto.

... time passes, you wait ...

etc

dunno bout everyone else but i just read slashdot. as much as "everyone" slags it off on there, they were still reporting it...

I invested $100 I couldn't well afford, average buy price was $1.06. First buy was 11th Feb 2011.

I felt bitter about not buying at $0.30 when I first heard about BTC.

I look back and think WTF didn't I buy 10x more.

Maybe in 2 yrs time I'll feel the same. Maybe I won't.

as if by magic...

Apple Inc.(NASDAQ:AAPL)
524.75 -6.95 (-1.31%)
Pre-market: 563.51 +38.76 (7.39%)

patience.

seems entirely possible. suits my short term bearish outlook. satisfies the 'ohmigosh it can't possibly go lower' aspect of capitulation/max pain.

i like it sir!

Last night I had a dream that one of the senior managers for the client I work out was performing some unusual procedure on another guy who was having some kind of episode (medical emergency).

When I woke up bitcoin had done nothing.

Very suspicious if you ask me.

mostly, you don't even need 1 confirmation...

http://www.cryptocoinsnews.com/news/the-mathematically-secure-way-to-accept-zero-confirmation-transactions/2014/02/13

how about now? ...






..thought not!

i think i see now.

the width represents the fact that you have bet [P/Slot] on every price within the range so then [Prob] = [P/Slot] * [width]

clear as a bell!

RE: dates....

For this month I must wait til 28th when you'll give us the top bracket, then PM you predictions by 23:59 GMT on 30th? and these predictions are for VWAP on 31st May.

I better fire me up a copy of excel!

btw I'm totally entering thats why i want to figure out how best to win hehe

I am not *sure* I can game the system. I'm just saying that people will try - Its human nature so I was pointing out what I thought was a fairly obvious way of scoring points.

I see now I missed the width multiplier.

if I rephrase like your example...


then i'm guaranteed to hit, its now just a question of what i score.

Would I be right to assume that its the "P/Slot" figure that is used to award points rather than the  "Prob." figure?

eg assuming geomettric avg was say 2%

I get 1% / 2% - 1 = 0.5 pts

rather than 50% / 2% - 1 = 24 pts

perhaps this was just obvious to everyone except me

so does "any number of classes" mean i can have 2 guesses?

e.g.

over (10 x price) : 50%
0 - (10 x price) : 50%

I'm sure i'm not the only person that will enter the competition looking to win by gaming the scoring system

Perhaps you need some way of punishing overly broad ranges (or rewarding tight ranges)?

or perhaps simpler, a maximum range size, or standardised ranges?

If bitcoin is as overvalued as apple then I think I'll continue holding! (Both!)

in 30 days? I'm short term bear, reckon there might be one last downward move. I don't know if it we'll ever test the 266 but if we did that would be one hell of a springboard.

20000-999999 0%
10000-19999 1%
5000-9999 1%
2000-4999 3%
1000-1999 5%
600-999 10%
500-599 25%
400-499 30%
250-399 20%
100-249 5%
0-99 0%

ORLY?

don't panic, i have authentic sources that are good. in fact i believe it is a government website because it has china in the url

http://haschinabannedbitcoin.com

frothy!

anyway, didn't the chinese ban it? /trollface

for sure. who would buy in before the chinese wake up. thats craaaaazy talk!

conclusive evidence by post #2!

remarkable.