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Author Topic: BTC Speculation and Baseball  (Read 2524 times)
JimboToronto
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July 15, 2013, 03:10:24 PM
 #1

I thought of putting this in Off-Topic but since it's about speculation I put it here. Blitz, feel free to move it if need be.
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I'm a baseball fan and a Bitcoin believer and I see several parallels.

I already mentioned that the dichotomy between the speculators and BTC faithful reminds me of a team's dedicated fans versus self-styled students of the game. The faithful look down on the analysts as not being "true fans" while the analysts look down on the fans as being "homers".

I see a similar dichotomy between trend analysis believers with their charts and arrows versus news-based "gut instinct" speculators as being similar to baseball's split between Moneyball statistical analysis and old-school hands-on scouting.

Any thoughts?
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Ivanhoe
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July 15, 2013, 03:39:51 PM
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Yes ofcourse, people who made Bitcoin a part of their identity are going to defend it when it's being attacked. Just like sportsfans are defending their team when someone talks bad about it. The art is to look at it with an neutral view and without emotions, then you can do the best analyses( sportsmatches and Bitcoin). So don't get emotionally attached to it.

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July 15, 2013, 04:42:20 PM
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Yes ofcourse, people who made Bitcoin a part of their identity are going to defend it when it's being attacked. Just like sportsfans are defending their team when someone talks bad about it. The art is to look at it with an neutral view and without emotions, then you can do the best analyses( sportsmatches and Bitcoin). So don't get emotionally attached to it.

+1 great life advice in general
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July 15, 2013, 05:34:27 PM
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Sabermetrics has proven to be successful,  jury is still out on technical analysis. 

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