JayJuanGee
Legendary
 Offline
Activity: 3374
Merit: 8389
ESG, KYC & AML are attack vectors on Bitcoin
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June 24, 2018, 01:04:34 AM |
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By the end of July we shall see price above $10k.
Not going to happen. Just as likely to see price at 2k. Random move, 4k up or 4k down. No analysis. That is not how it works. We use log scale not linear scale. A probability of the price being 5/3 as high as it is now is supposed to be as probable as a fall to 3/5 of what it is now. So a rise to ~10k should be equivalent to a fall to ~3600, not 2K. Thanks .... I stand corrected. Principle is similar. 3600 is as unlikely as 10k . Here's another bit of dumb-ass maths: 80% probability that a trading range of 5k to 7k holds until end July. These figures are merely based on the historical volatilty extrapolated into the future, but they work well in all markets, regardless of how exotic the instrument. Of course the 20% probabilty happens 1 time in 5. The only reason I quote them is to shine a little realism onto wilder predictions. I really have no idea where price is going in the next 2 months. Hahahahahaa... I appreciate your sense of humor, and surely your maths come off as a bit improved, when you account for a $3,600 percentage phenomenon rather than an absolute numbers $2,000 phenomenon... There still might be a bet in there, somewhere; however, surely not as good for me as your first comment... so in the end, many of us mere mortals (including yours truly) can improve by engaging in a kind of didactic process, even while there could be a bit of name calling in there (not really meant on any kind of personal basis).. since it seems that a large majority of us presumptively OG WO thread participants are not robots.   |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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lightfoot
Legendary
Offline
Activity: 2996
Merit: 2183
I fix broken miners. And make holes in teeth :-)
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June 24, 2018, 03:13:34 AM |
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So I'm thinking instead of a lambo, which let's face it is mostly about how it looks, might get a Tesla instead. The future is obviously electrical, and it's actually a practical car.
Just taking a look at a Fisker today, really nice car. Lambo is still a bit too flat for my body type, then again an original Tesla roadster could work. However at the rate we're going I might have to settle for a second-hand schwinn. |
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jbreher
Legendary
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Activity: 2982
Merit: 1596
lose: unfind ... loose: untight
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June 24, 2018, 04:07:08 AM |
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@Jbreher
I'm dissapointed in you spreading outright lies, obviously I have misjudged you. Dash is a distributed decentralised blockchain secured with proof of work. Just like bitcoin.
Er... 'masternodes' - just like Bitcoin? Lol 'zackly |
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xhomerx10
Legendary
Offline
Activity: 3500
Merit: 6346
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June 24, 2018, 04:32:38 AM |
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Well isn't that just fantastic... Looks like the doors have been opened to $5500 or less now. The psychological barrier at $6000 has been broken again. How much lower are we going to go?   We still have 30 minutes to go on the hourly - if it pops back over 6k before that, we can pretend like it never happened |
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jojo69
Legendary
Offline
Activity: 2842
Merit: 3979
1/21000000 , the only math you need to know
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June 24, 2018, 04:35:28 AM |
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embrace the pain
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BitcoinNewbie15
Sr. Member
Offline
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
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June 24, 2018, 04:37:19 AM |
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Well isn't that just fantastic... Looks like the doors have been opened to $5500 or less now. The psychological barrier at $6000 has been broken again. How much lower are we going to go? We still have 30 minutes to go on the hourly - if it pops back over 6k before that, we can pretend like it never happened Fingers crossed, I'm praying to bog this is the point where the downtrend ends and violently pumps for no discernable reason. We really could use a Bitcoin ETF right about now... Actually looking like we are about to see capitulation to me. Maybe $5200 overnight... BTCs market cap is about to dip below $100 Billion. I hope the bulls might take hold soon... |
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infofront (OP)
Legendary
Offline
Activity: 2590
Merit: 2624
Shitcoin Minimalist
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June 24, 2018, 04:41:50 AM |
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What's the world cup?
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 24, 2018, 04:46:03 AM |
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Wheeeee
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xhomerx10
Legendary
Offline
Activity: 3500
Merit: 6346
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June 24, 2018, 04:47:35 AM |
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Well isn't that just fantastic... Looks like the doors have been opened to $5500 or less now. The psychological barrier at $6000 has been broken again. How much lower are we going to go? We still have 30 minutes to go on the hourly - if it pops back over 6k before that, we can pretend like it never happened Fingers crossed, I'm praying to bog this is the point where the downtrend ends and violently pumps for no discernable reason. We really could use a Bitcoin ETF right about now... Actually looking like we are about to see capitulation to me. Maybe $5200 overnight... BTCs market cap is about to dip below $100 Billion. I hope the bulls might take hold soon... Wow... $5200 would mean a 15% drop on the day. There seems to be a lot of selling pressure now. edit: screw this, I can't watch... I'm going to bed.  |
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YourMother
Legendary
Offline
Activity: 1281
Merit: 1046
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The most important invention since the birth of the internet, Bitcoin, is worth less than one fucking person... Jeff Bezos.
Uber is worth 70-80 billion and Bitcoin 100 billion. If you are unwilling to recognize the retarded discrepancies, then you deserve to be broke. This crash is fueled by a few big players and backed up by the clueless stampeding fools. Like with all the major Bitcoin crashes throughout the years
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jojo69
Legendary
Offline
Activity: 2842
Merit: 3979
1/21000000 , the only math you need to know
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June 24, 2018, 05:08:18 AM |
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3K by morning
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 24, 2018, 05:14:29 AM |
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Broke through $5900. Lets see if we get a stop hunter bounce back over.
Edit: here's the wee bounce. I dont think it will get far though.
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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June 24, 2018, 05:18:45 AM |
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Satoshi save us!
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mindrust
Legendary
Offline
Activity: 2912
Merit: 2304
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June 24, 2018, 05:19:03 AM |
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I am fucked.
All my life savings are gone. (Ok ok not all, let's say Ive lost a great deal) I kept buying since 15k and downwards with the hopes of a bull market comeback.
Bears came in my ass.
Blood on the streets.
Abandon fucking ship.
Run to the hills run for your lives.
Btc was a pump&dump casino scheme without any real world usage after all.
Btc is dead.
R.I.P
Time to buy?
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moneyForjam
Jr. Member
Offline
Activity: 165
Merit: 4
Always believe in magic
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June 24, 2018, 05:28:04 AM |
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3K by morning
lol. not sure about that  ..but, maybe 2.5k by August |
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infofront (OP)
Legendary
Offline
Activity: 2590
Merit: 2624
Shitcoin Minimalist
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June 24, 2018, 05:28:07 AM |
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The bitcoins gods are angry. We must sacrifice more!
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 24, 2018, 05:29:55 AM |
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The bitcoins gods are angry. We must sacrifice more!
I'm all out of Bcash to sacrifice. |
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Tyr808
Sr. Member
Offline
Activity: 606
Merit: 278
06/19/11 17:51 Bought BTC 259684.77 for 0.0101
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June 24, 2018, 05:30:26 AM |
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The most important invention since the birth of the internet, Bitcoin, is worth less than one fucking person... Jeff Bezos.
Uber is worth 70-80 billion and Bitcoin 100 billion. If you are unwilling to recognize the retarded discrepancies, then you deserve to be broke. This crash is fueled by a few big players and backed up by the clueless stampeding fools. Like with all the major Bitcoin crashes throughout the years
In your opinion how much should btc total market cap be worth today? |
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jojo69
Legendary
Offline
Activity: 2842
Merit: 3979
1/21000000 , the only math you need to know
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June 24, 2018, 05:31:14 AM |
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we are entirely too sophisticated for our own good
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CistaCista
Jr. Member
Offline
Activity: 31
Merit: 8
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June 24, 2018, 05:34:22 AM |
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Very very good team ..... Engeland as well butt i think the game on thursday is less relevant as they both go to the next round maybe its even better to end second of the group 🤨 .....
OOOH dear, that good old British entitlement is going to haunt you if you lose to Panama today in't it?. |
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