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Poll
Question: how to proceed the game
Fix boxes of 50$ range "o_e_l_e_o" suggestion watch post, winner takes all - 12 (63.2%)
tick box, "dragonvslinux" suggestion 200$ boxes multiple person allowed, price divide among winners - 3 (15.8%)
pick whatever price with a 25 up and 25 down range - 4 (21.1%)
Total Voters: 19

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Author Topic: Speculation LIST involving the "HALVING" !!! NOT HERE NOT HERE  (Read 1119 times)
DeathAngel
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January 02, 2020, 02:32:20 PM
Merited by LFC_Bitcoin (4), El duderino_ (4)
 #41

Read the OP again and translate it if you can't fully understands it, this is a prediction game which you are required to have at least earned 25 merits to qualified, but it's yet to be finalized and you still have plenty of days to earn that required merits before the game formally starts.

according to https://bpip.org/profile.aspx?p=asus09. it seems like you haven't earn a single merit yet.


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LoyceV
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January 02, 2020, 04:00:45 PM
Merited by El duderino_ (4), 1miau (2), hosseinimr93 (1)
 #42

Will this speculation be for the exact moment of the halving, or a couple of months later? I can be much more bullish if it's 4 months after the halving Cheesy

Small example when I predict 7777 then that price guess covers:  7752-7802 and only 7803 and more are available or 7751 and lower are available.
Small correction: If someone predicts 7803, the 7777-prediction doesn't cover 7752-7802, but only 7752-7790, and 7790-7828 is "covered" bij prediction 7803. In this case, 7790 overlaps both predictions.

BUT .... dragonvslinux just saying that if most people would think around 8750 for example then only a few can really guess close to there target...
An alternative, and this is a bit more complicated but also a good exercise in using Bitcoin's possibilities, would be to ask everyone to hide their prediction until the entries are closed.
So:
1. make up a number ($100,000).
2. sign a message from a Bitcoin address with your prediction and some random text ("$100,000 6632099102860212817669648358652770915593").
3. post only the signature, don't edit this post anymore. Keep your prediction secret and don't forget your random text!
4. wait for all other participants to do the same, and wait for micgoossens to announce new entries are no longer allowed
5. post the bitcoin address and signed message, this reveals your prediction.
6. now we wait Smiley

Only the set boxes of 50... will demand everyone to closely look read and pick there spot, probably its gonna get messy  Roll Eyes
That's too bearish Tongue
It makes sense for very low predictions, but a $100,000 prediction could still be boxed in between $99,975 and $100,025, which gives it only 0.05% range. Meanwhile, a bear who predicts $500, covers everything from $475 to $525, which gives him a 10% range.
If you're going with "boxes", can each box be a percentage of the prediction (say 1%)?
So:
1000 covers 995-1005
10,000 covers 9,950-10,050
100,000 covers 99,500-100,500

Damn still only 9 voting people
Poll is closed already, I was too late to add my signed message idea.

The easiest way to do this is probably just to state a minimum of x earned merits in the last y months, so 25 merits earned in the last 6 months, for example.
I could provide a list of qualifying users if this is how it's going to be Smiley

I would suggest that easiest for you is just to use the list of the most merited users and just decide where do you want to put the cut, ie: 300, 500, 1000, 2000 etc most merited users as eligible to participate. Fix it at the time of opening the game and everyone just need to lookup if their name is on the list.
As of last Friday, this is the list:
25 Merit earned since the beginning of time the Merit system gives 2957 possible candidates (some of them are banned).
It might also be good to add a requirement for how many members sent Merit: a user who received 25 Merit from 1 other user doesn't sound right to me.

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January 02, 2020, 04:34:37 PM
 #43

@Loyce, very useful as usually THX skill show of  Kiss

Yeah, for the game this time the poll is voted BUT I do like your idea though i'm not that skilled etc then you might need to help me out or something....

Then :

Only the set boxes of 50... will demand everyone to closely look read and pick there spot, probably its gonna get messy  Roll Eyes
That's too bearish Tongue
It makes sense for very low predictions, but a $100,000 prediction could still be boxed in between $99,975 and $100,025, which gives it only 0.05% range. Meanwhile, a bear who predicts $500, covers everything from $475 to $525, which gives him a 10% range.
If you're going with "boxes", can each box be a percentage of the prediction (say 1%)?
So:
1000 covers 995-1005
10,000 covers 9,950-10,050
100,000 covers 99,500-100,500

It would be needed to enter a price in following order;

^
When the game opens it will follow the o_e_l_e_o idea  as the poll made clear most thought this was the best way to go Smiley

first is first and the price that will be picked has to be a nr for example like it starts from 0 and counts up

0-50
51-100
101-150
151-200
....
7001-7050
7051-7100
7101-7150
7151-7200
etc

So a member will be allowed to chose a price with his own 50$ range, a taken box is a reserved space not to be taken again.

I will also ask when the game opens and someone takes a guess, to write it as shown in this post...

So when X takes 7151-7200 and the lower under him Y takes  7001-7050 and upper one Z takes 8001-8050, then the death space inbetween is for the closest participant, like 7400 would be for A, 7850 would be Z....

I think with this approach people will just write there price and don't need to be afraid to to be stuck whit like almost zero chance...

Will this speculation be for the exact moment of the halving, or a couple of months later? I can be much more bullish if it's 4 months after the halving Cheesy

That will be the main thing the when date, probably the game will open soon-ish

Just want everybody to maybe already have read the OP so they already have some kind of idea what is gonna happen, probably many will not take boxes and write some non OK prices but yeah thats like every single time that some don't take the time the effort of reading the OP Roll Eyes



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January 02, 2020, 04:36:57 PM
Last edit: January 02, 2020, 04:59:53 PM by micgoossens
 #44

Small example when I predict 7777 then that price guess covers:  7752-7802 and only 7803 and more are available or 7751 and lower are available.
Small correction: If someone predicts 7803, the 7777-prediction doesn't cover 7752-7802, but only 7752-7790, and 7790-7828 is "covered" bij prediction 7803. In this case, 7790 overlaps both predictions.

This was in discussion but not in play anymore, like 7777 cannot be taken ...

it will be like in the above post how o_e_l_e_o suggested and was chosen in the poll...

XhomerX10 designed my nice avatar HATs!!!!!  Thanks Bro
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January 02, 2020, 04:59:13 PM
 #45

you might need to help me out or something....
Okay example:
Code:
1. 100 - 101
2. 102 - 103
3. 104 - 105
4. 106 - 107
5. 108 - 109
6. 110 - 111
7. 112 - 113
8. 114 - 115
9. 116 - 117
10. 118 - 119
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357. 5249 - 5301
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359. 5356 - 5409
360. 5410 - 5464
361. 5465 - 5519
362. 5520 - 5575
363. 5576 - 5631
364. 5632 - 5688
365. 5689 - 5745
366. 5746 - 5803
367. 5804 - 5862
368. 5863 - 5921
369. 5922 - 5981
370. 5982 - 6041
371. 6042 - 6102
372. 6103 - 6164
373. 6165 - 6226
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375. 6290 - 6352
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427. 10584 - 10689
428. 10690 - 10796
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430. 10905 - 11014
431. 11015 - 11125
432. 11126 - 11237
433. 11238 - 11350
434. 11351 - 11464
435. 11465 - 11579
436. 11580 - 11695
437. 11696 - 11812
438. 11813 - 11931
439. 11932 - 12051
440. 12052 - 12172
441. 12173 - 12294
442. 12295 - 12417
443. 12418 - 12542
444. 12543 - 12668
445. 12669 - 12795
446. 12796 - 12923
447. 12924 - 13053
448. 13054 - 13184
449. 13185 - 13316
450. 13317 - 13450
451. 13451 - 13585
452. 13586 - 13721
453. 13722 - 13859
454. 13860 - 13998
455. 13999 - 14138
456. 14139 - 14280
457. 14281 - 14423
458. 14424 - 14568
459. 14569 - 14714
460. 14715 - 14862
461. 14863 - 15011
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465. 15469 - 15623
466. 15624 - 15780
467. 15781 - 15938
468. 15939 - 16098
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471. 16423 - 16587
472. 16588 - 16753
473. 16754 - 16921
474. 16922 - 17091
475. 17092 - 17262
476. 17263 - 17435
477. 17436 - 17610
478. 17611 - 17787
479. 17788 - 17965
480. 17966 - 18145
481. 18146 - 18327
482. 18328 - 18511
483. 18512 - 18697
484. 18698 - 18884
485. 18885 - 19073
486. 19074 - 19264
487. 19265 - 19457
488. 19458 - 19652
489. 19653 - 19849
490. 19850 - 20048
491. 20049 - 20249
492. 20250 - 20452
493. 20453 - 20657
494. 20658 - 20864
495. 20865 - 21073
496. 21074 - 21284
497. 21285 - 21497
498. 21498 - 21712
499. 21713 - 21930
500. 21931 - 22150
501. 22151 - 22372
502. 22373 - 22596
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506. 23283 - 23515
507. 23516 - 23751
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510. 24230 - 24472
511. 24473 - 24717
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514. 25216 - 25468
515. 25469 - 25723
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518. 26242 - 26504
519. 26505 - 26770
520. 26771 - 27038
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523. 27584 - 27859
524. 27860 - 28138
525. 28139 - 28420
526. 28421 - 28705
527. 28706 - 28993
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530. 29577 - 29872
531. 29873 - 30171
532. 30172 - 30473
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541. 33002 - 33332
542. 33333 - 33666
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546. 34689 - 35035
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551. 36460 - 36824
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553. 37194 - 37565
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555. 37942 - 38321
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667. 115737 - 116894
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682. 134375 - 135718
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714. 184778 - 186625
715. 186626 - 188492
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717. 190378 - 192281
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721. 198110 - 200091
722. 200092 - 202092
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725. 206156 - 208217
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729. 214530 - 216675
730. 216676 - 218842
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734. 225476 - 227730
735. 227731 - 230008
736. 230009 - 232309
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740. 239351 - 241744
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924. 1493636 - 1508572
925. 1508573 - 1523658
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930. 1585527 - 1601382
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932. 1617397 - 1633570
933. 1633571 - 1649906
934. 1649907 - 1666406
935. 1666407 - 1683071
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937. 1699903 - 1716902
938. 1716903 - 1734072
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940. 1751414 - 1768928
941. 1768929 - 1786618
942. 1786619 - 1804485
943. 1804486 - 1822530
944. 1822531 - 1840756
945. 1840757 - 1859164
946. 1859165 - 1877756
947. 1877757 - 1896534
948. 1896535 - 1915500
949. 1915501 - 1934656
950. 1934657 - 1954003
951. 1954004 - 1973544
952. 1973545 - 1993280
953. 1993281 - 2013213
954. 2013214 - 2033346
955. 2033347 - 2053680
956. 2053681 - 2074217
957. 2074218 - 2094960
958. 2094961 - 2115910
959. 2115911 - 2137070
960. 2137071 - 2158441
961. 2158442 - 2180026
962. 2180027 - 2201827
963. 2201828 - 2223846
964. 2223847 - 2246085
965. 2246086 - 2268546
966. 2268547 - 2291232
967. 2291233 - 2314145
968. 2314146 - 2337287
969. 2337288 - 2360660
970. 2360661 - 2384267
971. 2384268 - 2408110
972. 2408111 - 2432192
973. 2432193 - 2456514
974. 2456515 - 2481080
975. 2481081 - 2505891
976. 2505892 - 2530950
977. 2530951 - 2556260
978. 2556261 - 2581823
979. 2581824 - 2607642
980. 2607643 - 2633719
981. 2633720 - 2660057
982. 2660058 - 2686658
983. 2686659 - 2713525
984. 2713526 - 2740661
985. 2740662 - 2768068
986. 2768069 - 2795749
987. 2795750 - 2823707
988. 2823708 - 2851945
989. 2851946 - 2880465
990. 2880466 - 2909270
991. 2909271 - 2938363
992. 2938364 - 2967747
993. 2967748 - 2997425
994. 2997426 - 3027400
995. 3027401 - 3057675
996. 3057676 - 3088252
997. 3088253 - 3119135
998. 3119136 - 3150327
999. 3150328 - 3181831
1000. 3181832 - 3213650
I assumed 1% range, but for the bears, when I start as low as $100, they get up to 2% due to rounding to whole dollars.
This gives almost 250 spots between ~$5,000 and ~$50,000. If that's not enough, the range can go lower than 1% for each prediction. It's just a simple spreadsheet rounding down a 1% increase for each number, then adding $1 to start the next one.
I didn't go lower than $100, it doesn't work with 1% increases and rounding down. Bears like that shouldn't be on Bitcointalk anyway Tongue
If anyone predicts more than $3,213,650, I couldn't be happier if they win Cheesy

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January 02, 2020, 05:04:13 PM
 #46

you might need to help me out or something....
Okay example:

I assumed 1% range, but for the bears, when I start as low as $100, they get up to 2% due to rounding to whole dollars.
This gives almost 250 spots between ~$5,000 and ~$50,000. If that's not enough, the range can go lower than 1% for each prediction. It's just a simple spreadsheet rounding down a 1% increase for each number, then adding $1 to start the next one.
I didn't go lower than $100, it doesn't work with 1% increases and rounding down. Bears like that shouldn't be on Bitcointalk anyway Tongue


An alternative, and this is a bit more complicated but also a good exercise in using Bitcoin's possibilities, would be to ask everyone to hide their prediction until the entries are closed.
So:
1. make up a number ($100,000).
2. sign a message from a Bitcoin address with your prediction and some random text ("$100,000 6632099102860212817669648358652770915593").
3. post only the signature, don't edit this post anymore. Keep your prediction secret and don't forget your random text!
4. wait for all other participants to do the same, and wait for micgoossens to announce new entries are no longer allowed
5. post the bitcoin address and signed message, this reveals your prediction.
6. now we wait Smiley

^
I mean with a next game to maybe do something with hidden guesses etc Smiley

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January 02, 2020, 05:53:44 PM
Merited by LFC_Bitcoin (3)
 #47

Mic - I think your $50 boxes work fine, mate.

It's your game, so you call it... but getting too complex is not a great idea - in my humble opinion.

It was ok as it was, but boxes does make it a little more fair and stops people gaming it by going 'one less' or 'one more' than another guess and reducing chances for another hopeful participant.

If most people guess between (say) 5K and 25K you will have 400 boxes on offer - with an inevitable cluster towards the middle, tapering out to the extreme high/low ends.  That's plenty of choices, and (relatively) simple.  

Setting the actual time of the end of the comp will be another dilemma for you to think on.  The halving will be in a particular block - at a particular time - but not precisely knowable in advance.  You may want to set it as 'midnight UTC' on the day of the first mined block containing the new reward (or at a time X days after this).

That way will mean there is an easily verifiable 'on the record' price. In the event it falls between two boxes you can look to the price to two decimal places to sort it out.

All simple enough - but just my suggestions.


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January 02, 2020, 07:13:05 PM
 #48

FWIW I was thinking along same lines as Loyce - percentage increments gives the fairest box ranges, corresponding to linear increments on a log chart.

I also think timing it with the halving is a great twist... though getting the merit to take part is a tough ask for us BSV shills though Wink

If you ask me people with paid sigs should be excluded heheh

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January 02, 2020, 07:47:23 PM
 #49

Will this speculation be for the exact moment of the halving, or a couple of months later? I can be much more bullish if it's 4 months after the halving Cheesy

In my opinion, this works best as a "highest price before the halving" game. 4 months after the halving is just another Q3 game. Removing the need to guess the exact price on an exact date also makes it less chance-based, which I'm a big fan of.

It's your game, so you call it... but getting too complex is not a great idea - in my humble opinion.

Emphatic +1.

You're the man Mic!

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January 02, 2020, 09:07:54 PM
 #50

Will this speculation be for the exact moment of the halving, or a couple of months later? I can be much more bullish if it's 4 months after the halving Cheesy

In my opinion, this works best as a "highest price before the halving" game. 4 months after the halving is just another Q3 game. Removing the need to guess the exact price on an exact date also makes it less chance-based, which I'm a big fan of.


Maybe good to take a date again and the closest price that moment... instead of the highest until the date...

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January 02, 2020, 11:30:57 PM
 #51

I like the idea of LoyceV because of using a great feature of bitcoin and also more fair ranges. 50$ dollar range is almost nothing for those who predict 100,000 dollar.
Also, there is no problem with complexity of making guesses. Because it will be an exercise for those who haven't ever signed a message. 
But the problem will be repetitive guesses.
What if 10 people predict exactly 10,000 and that will be the winning price? Split the reward equally between all 10 winners? In my opinion, it would be better to have only one winner with a big reward.

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January 02, 2020, 11:34:07 PM
 #52

Will this speculation be for the exact moment of the halving, or a couple of months later? I can be much more bullish if it's 4 months after the halving Cheesy

In my opinion, this works best as a "highest price before the halving" game. 4 months after the halving is just another Q3 game. Removing the need to guess the exact price on an exact date also makes it less chance-based, which I'm a big fan of.


Maybe good to take a date again and the closest price that moment... instead of the highest until the date...


Yes, as the game could be an anti climax if it spiked up next week and then says down for over four months.

Day of halving is around 14th May, it will get more precise as we get closer, of course - and it could get volatile. 

Drama until the end that way...

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