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Author Topic: A note on predicting the future  (Read 636 times)
RodeoX
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The revolution will be monetized!


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August 05, 2011, 04:08:09 PM
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 It cant be done.
Nothing wrong with guessing, but make no mistake guessing where bitcoin prices will go is all one can do. This is no different than "predictions" about the DJIA. Expert market analysts do only slightly better than a coin toss at best.

Each day a new batch of threads claiming to know what will happen next appears and then falls apart. If you are determined to "invest" in bitcoin you should never put in more than you can afford to completely loose. BTC is an extremely risky investment. It was never meant to be used that way and no one is going to bail you out if the price drops. There is market manipulation and all sorts of shenanigans in this completely unregulated environment. We have all seen people panic sell then come here trying to sue Satoshi. Do your homework and don't think that someone has the answer for you.



The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin=https://bitcointalk.org/index.php?topic=1610684
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EconomicOracle
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I can predict the future! Bitcoin will success!!!!


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August 05, 2011, 04:12:08 PM
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Bitcoin will skyrocket again, and it's disingenuous to say otherwise. You are an enemy of BTC

GOOOOOOOOOOO BITCOINS!!!!!!!!!!!!!!!
Edit: Oops. Just fixed a typo. It should be GO (like GO TEAM!) and not GOOB
Edit2: Just checked the dictionary and goob is not a word
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August 05, 2011, 04:15:28 PM
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Bitcoin will skyrocket again, and it's disingenuous to say otherwise. You are an enemy of BTC

While I agree it's likely that bitcoin will skyrocket, I disagree it is disingenuous to say otherwise. I simply don't know enough about each of the variables involved to be able to predict its success with 100 percent confidence.

The areas that I do know about appear solid. And I have to trust there are lots of very smart people looking into those variables I do know know about so much.

But to assert, with 100 percent confidence, that bitcoins will skyrocket... that is disingenuous. I haven't even told my close family and friends yet... just waiting for a more secure and user friendly solution to the wallet problem... THEN I will tell them :-)
RodeoX
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August 05, 2011, 04:21:24 PM
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Bitcoin will skyrocket again, and it's disingenuous to say otherwise. You are an enemy of BTC
Fellow peer, I hope your right. That is what i think will happen also.
I'm no enemy of bitcoin. Embarrassed  I have been spending my own money to promote bitcoin. I spoke to a university business school just Tue. about it, and arranged another lecture at an upcoming BarCamp.

However, I also know that the Oracle of Delphi was just a drugged up teenage girl. Despite that fact one of the greatest civilizations of all time often based their future on her rantings.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin=https://bitcointalk.org/index.php?topic=1610684
Crazy
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August 05, 2011, 07:07:58 PM
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EconomicOracle is a bearish troll, and it's hilarious that he gets these reactions from the bulls time and time again. He just had a successful troll thread about how he convinced a local convenience store to accept Bitcoins after constantly telling them about it...and then went and bought some Totino's. I mean it was funny how many people actually believed it, and hilarious how excited they were.
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