oda.krell
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Merit: 1007
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April 01, 2015, 01:08:56 PM |
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Nothing April foolish or trolling about considering evaluation on a log scale... Accessible explanation here for example, on why quants tend to look at log returns instead of "raw" returns.
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BTCat (OP)
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April 01, 2015, 01:35:43 PM |
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Nothing April foolish or trolling about considering evaluation on a log scale... Accessible explanation here for example, on why quants tend to look at log returns instead of "raw" returns. Thanks. The contest was closed for entrees on June 1 so the $417 guess did not take part of the competition. So no matter the outcome of your puzzle it doesn't change the name of the winner.
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JorgeStolfi
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April 01, 2015, 01:53:37 PM |
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No, there is fun enough already in the contest result. I was serious. When analyzing prices of stocks, currencies, gold, etc, it is best to use a log scale because it turns equal relative changes into equal displacements. For example, a change from 100 to 200 will look just as big as a change from 1000 to 2000 (both being 2x). Also, a drop from 100 to 50 looks just as big as a rise from 100 to 200 (one is the inverse of the other). In that sense, 417 is closer to 240 than 135, because 417/240 = 1.73 is less than 240/135 = 1.77.
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Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
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ensurance982
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April 03, 2015, 09:00:40 PM |
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135$
Just for the records So I say $6.666 Wow, this hurts... fonzie being closer than basically everyone else. Yeah that just hurts so much more than the price alone does these days. But hey, I think we're headed up from here
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indiemax
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April 04, 2015, 05:40:03 PM |
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Interesting thread,someone ought to do one for this year
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BTCat (OP)
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April 04, 2015, 06:00:46 PM |
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Interesting thread,someone ought to do one for this year Here you go: Predict the price of Bitcoin on 1 April 2016 - win CBX (Crypto Bullion) https://bitcointalk.org/index.php?topic=1012254.0
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JorgeStolfi
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April 04, 2015, 06:53:20 PM |
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Great! But you may want to edit the thread title (or start a new thread), to attract more prophets...
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Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
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BTCat (OP)
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April 04, 2015, 07:05:18 PM |
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Great! But you may want to edit the thread title (or start a new thread), to attract more prophets... I made a new thread just click it. Do not guess here this one is old. For discussion we can keep it open though.
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yefi
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April 04, 2015, 07:08:36 PM |
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Pretty funny how everybody was drifting on a velvety wave of optimism. The median response was about 14 times the actual value on 1st April. p.s. the Fonz is too cool for you all.
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JorgeStolfi
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April 04, 2015, 07:09:57 PM |
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I made a new thread just click it.
Oops sorry, stupid of me...
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Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
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BTCat (OP)
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April 05, 2015, 09:55:17 AM Last edit: April 11, 2015, 07:33:15 PM by BTCat |
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"If the winner does not respond within 1 month after he has won I keep the right to pay the prize to the next best guess and his entree is invalidated."
Ok, ofcourse I should have added something like this last year already but hadn't thought about it. It's a very reasonable period to claim your prize so I will still add it.
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BTCat (OP)
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April 11, 2015, 07:37:23 PM |
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fonzie
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April 11, 2015, 08:09:18 PM |
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Thanks to BTCat for the prize, i just received it.
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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