This speculation forum is the biggest waste of space

[jasonjm]

A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.

Basically you could delete 99% of the threads on here, and you would not miss anything.

[ssmc2]

I'll start with yours

[zivone]

Just like this thread that you created.

[The Sceptical Chymist]

Methinks this should be on meta, but I also agree with your point.   And a lot of this forum as a whole could be nuked with no tears shed.

[criptix]

A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.

Basically you could delete 99% of the threads on here, and you would not miss anything.

welcome to the speculation sub  

(imho there exist worst subforums here regarding post quality)

[Junko]

LOL. If you think this Speculation section is bad, you should check out the Gambling section.

[suda123]

A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.

Basically you could delete 99% of the threads on here, and you would not miss anything.

What facts are there, by the time the facts come out bitcoin either drops or goes up. So it's to late.

[bubble83]

A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.

Basically you could delete 99% of the threads on here, and you would not miss anything.

What facts are there, by the time the facts come out bitcoin either drops or goes up. So it's to late.

He probably took advice from someone on here who sounded like he knew what he was talking about, and lost a pile of cash. Otherwise why was he reading the speculation forum if it's such a waste of space? I haven't looked at some boards here because they have no interest to me, so why doesn't he just ignore speculation?

[Rallye]

probably one of the realest posts I've seen on here in at least 3 days.

[Amph]

this is speculation, there are no facts, every speculative theory is based on gut feeling at the end, TA is not the Messiah that can tell you the truth about where the market will move

so as long as the prediction sounds credible and reasonable, it's good and can be added

[pissedoff]

A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.

Basically you could delete 99% of the threads on here, and you would not miss anything.

That's the point of speculation.
The definition of speculation is: "the forming of a theory or conjecture without firm evidence."

[crossabdd]

This section is for the speculation and discussion of bitcoin's value.

Some general guidelines:

• There is no tolerance for the spreading of false or deceptive information.

Define FALSE and DECEPTIVE please.

Opinions can borderline be one of those two.

 

Copied and pasted from the old guidelines. Opinions are fine, and you are plenty smart enough to know what you should and should not be posting smoothie.  

many people use only "his opinion" to create new speculation thread no more

[LMGTFY]

Methinks this should be on meta, but I also agree with your point.   And a lot of this forum as a whole could be nuked with no tears shed.

+1 for meta, but also agreeing with the original point.

I think the problem is the word "Speculation". To me that means "speculating with BTC", i.e. it's a section of the forum for discussing trading. To a lot of people it seems to mean "any speculation about the price of BTC is on-topic". Regardless of who's correct, the latter spawns a greater number of low-value replies (1, 2 word posts, etc).

However, I also tend to agree with the poster who suggested that ignoring this section is the answer! It's maybe an OK tool for scanning and assessing sentiment, but speculators probably don't need to read 100 posts providing yes/no answers to the question "will BTC reach eleventy thousand this month?" to trade effectively.

[helloeverybody]

Your probably right but speculation is also probably my most visited sub.

[suda123]

A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.

Basically you could delete 99% of the threads on here, and you would not miss anything.

Hey OP define Speculation?

[mexxer-2]

No its not a waste of space as it generates pageviews for the forum, its currently the third most viewed board(Reference).
And wonder which topic is the most viewed on the forum? Its another speculation thread: WallObserver

[bitowl]

Something something wisdom of crowds.

I like this forum even though I think most posters are clowns with unreal expectations and or gambling problems. It's good to keep your finger on the pulse of what the masses are thinking.

[chesthing]

I get relevant info here, you just have to dig through a lot of shit - which can be entertaining in it's own right. Tell you what, I'll arrange for your refund - just post your btc address and the amount you paid to join this forum and I'll fix you right up. 

[helloeverybody]

Reading peoples predictions of 10k,100k,1mil cheers me up

[LMGTFY]

A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.

Basically you could delete 99% of the threads on here, and you would not miss anything.

Hey OP define Speculation?

Not the OP, but how's this (it's from OS X's Dictionary app):

investment in stocks, property, etc. in the hope of gain but with the risk of loss: the company's move into property speculation. [ count noun ] : he was a millionaire from speculations on the stock market.

Wiktionary offers a similar definition:

The act or practice of buying land, goods, shares, etc., in expectation of selling at a higher price, or of selling with the expectation of repurchasing at a lower price; a trading on anticipated fluctuations in price, as distinguished from trading in which the profit expected is the difference between the retail and wholesale prices, or the difference of price in different markets.

There are other definitions of course (apparently there's a game called "Speculation", for example) but this one seemed the most apt for Bitcoin and a sub-section of the "Economics" section of the forum.