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Author Topic: A year from now (2013/04/15)  (Read 7447 times)
oakpacific
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April 05, 2013, 11:02:55 AM
 #61


The good thing about predicting doom and gloom: You're always happy to be wrong.

Unless of course you truly believe your own predictions, sell everything at $14 and sit with open orders at $5 for a year like a complete moron.

Or even worse, goes all in short bitcoins at $3 on Bitcoinica, then....

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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piramida
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April 05, 2013, 11:05:20 AM
 #62


The good thing about predicting doom and gloom: You're always happy to be wrong.

Unless of course you truly believe your own predictions, sell everything at $14 and sit with open orders at $5 for a year like a complete moron.

Or even worse, goes all in short bitcoins at $3 on Bitcoinica, then....

then first loses everything while shorting, takes a mortgage-backed loan to go leveraged long on bitcoin, and then bitcoinica runs with the money...

I think we figured out how perma-bears are born. When you live under the bridge, doom and gloom is all you see Smiley

i am satoshi
oakpacific
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April 05, 2013, 11:13:48 AM
 #63


The good thing about predicting doom and gloom: You're always happy to be wrong.

Unless of course you truly believe your own predictions, sell everything at $14 and sit with open orders at $5 for a year like a complete moron.

Or even worse, goes all in short bitcoins at $3 on Bitcoinica, then....

then first loses everything while shorting, takes a mortgage-backed loan to go leveraged long on bitcoin, and then bitcoinica runs with the money...

I think we figured out how perma-bears are born. When you live under the bridge, doom and gloom is all you see Smiley

Hmmm...guess we all have buried the word "Zhoutonged" somewhere in our memory lane. Wink

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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April 05, 2013, 11:23:07 AM
 #64

ElectricMucus
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April 05, 2013, 12:32:52 PM
 #65

Being wrong by two orders of magnitude isn't something totally unheard of.  Smiley

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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April 05, 2013, 12:34:33 PM
 #66

Being wrong by two orders of magnitude isn't something totally unheard of.  Smiley

It's also not a trivial error  Cheesy
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April 05, 2013, 12:39:29 PM
 #67

Being wrong by two orders of magnitude isn't something totally unheard of.  Smiley

It's also not a trivial error  Cheesy

I've seen documentaries about cosmology and astrophysics where they actually call it that. And when dealing with astronomical gains and losses that actually makes sense too.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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April 05, 2013, 12:51:32 PM
 #68

proudhon's sense of humor is refreshing.

You gotta pay
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April 05, 2013, 12:55:19 PM
 #69

Being wrong by two orders of magnitude isn't something totally unheard of.  Smiley

It's also not a trivial error  Cheesy

I've seen documentaries about cosmology and astrophysics where they actually call it that. And when dealing with astronomical gains and losses that actually makes sense too.

Hah... you're right, Proudhon was bang on with his predictions. He always is. You just have to adjust for the cosmological constant  Cheesy
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April 06, 2013, 01:56:10 AM
 #70

proudhon reminds me of synaptic

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April 06, 2013, 02:36:13 AM
 #71

Well, for what its worth this would be an epic crash, at a rate of over 30% per day for 10 days.

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April 07, 2013, 04:35:40 AM
 #72

I've been lurking here for a while as an unregistered member. Honestly, I've used proudhons predictions as what 'not' to do.
Honestly, I don't think proudhon believes his/her own predictions either. If I was sitting on a mountain of btc and I wanted to keep it circulating without spending my own coins I would try to convince people to quickly sell theirs.
Or he/she has terrible foresight, in proudhons defense, no one could have predicted the recent boom in btc
BitcoinTate
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April 07, 2013, 07:05:20 PM
 #73

Or he/she has terrible foresight, in proudhons defense, no one could have predicted the recent boom in btc
The law of mathematics did Smiley

- aka The "DigiMan"
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April 04, 2014, 12:05:18 AM
 #74

bump
 
LOL
So I average the predictions, some interpretation was used:
Double digest = $10
Single digests = $5   
Pushing past = +1 
Between X and Y = average of X and Y. 

The Average price predictions a year ago was: $14.54 off by a whole decimal place. 

Calling for more prediction a year from today:

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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April 04, 2014, 12:15:58 AM
 #75

Since I just posted this on another thread:

ou probably won’t see widespread adoption of Eaze soon but it’s an interesting mobile payment system that ties Google Glass with BitCoin. Using the app and a QR code for transactions, you simply nod twice to make a payment

http://gigaom.com/2014/02/26/hands-free-bitcoin-payments-with-google-glass-and-eaze-just-nod-twice/

Google Glass launch - late 2014

http://www.pcadvisor.co.uk/features/gadget/3436249/google-glass-release-date-price-specs/

I predict the value is beyond 4 digits this time 2015.

Read this very carefully before you go all "single digits" and pennies:

So how does Eaze work? The client app runs on Google Glass and can read QR codes that have transactional information at the point of sale. Glass shows the details of the payment on its viewscreen and you simply nod twice to approve the transaction with payment made in BitCoins. Eaze users will have to deposit BitCoins in what the company calls a ”deterministic wallet” which is unlocked with a passphrase locally. In this way, the BitCoins are never stored on the Eaze servers.



So...if that's happening later this year and GG users have to use Bitcoin, and a shit ton of people are waiting on GG, they're inevitably going to be buying BTC for use, which drives the value



Wait for it...

to da moon bitches  Grin

In all seriousness, toward the summer when Google starts hyping up Glass for release, more people will be encountering "bitcoin" and having to bone up, and will start a buying run. Glass isn't going to fail...and there's also Rift and games for it to consider, who are also accepting btc.

Mid summer this year should kick up the hype and push it through the end of the year and into 2015...no way btc will be in double digits...if it jumped to 4 digits for lesser reasons, it should shoot well beyond that for the launch of a Google backed product that is being greatly anticipated.

You say "anti government" like that's a bad thing...

Unfortunate times will bring out the best in good people and the worst in bad people
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