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Author Topic: This is how i know the future price of Bitcoin  (Read 701 times)
BitApparel (OP)
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February 14, 2014, 03:06:19 AM
 #1



just compare this to the bitcoin graph.

Lol easy way to win.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Holliday
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February 14, 2014, 03:07:02 AM
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What does it all mean Basil?

If you aren't the sole controller of your private keys, you don't have any bitcoins.
kireinaha
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February 14, 2014, 03:29:34 AM
 #3

lol, that's a lagging indicator, it's not relevent for price forecasting.

Night gathers, and now my bitcoinwisdom watch begins.
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February 14, 2014, 03:33:46 AM
 #4

lol, that's a lagging indicator, it's not relevent for price forecasting.


Not to mention, once we have reached a certain amount of saturation (a certain % of the general population knows what bitcoin is) the google trends charts are virtually meaningless.

If I had a bitcoin every time some newb posted a google trends chart and pretended that he could predict future price with a lagging indicator...


EDIT: "buy bitcoins" not so bad last 90 days: http://www.google.com/trends/explore#q=buy%20bitcoins&date=today%201-m&cmpt=q
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February 14, 2014, 03:35:25 AM
 #5

Nice try using a lagging indicator to predict the future when Google trends is reliant on the price and interest of Bitcoin lol

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