Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
rolling
on 01/03/2015, 09:50:09 UTC
Well, the price being 252$, it means that everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.   The latter think that the chances of it being worth more than 1300$ anytime in the next few years are much less than 20%.

I don't know where you get the stat but I feel sorry for them.

It is not a survey, just math.  If anyone with money to invest thought that the chances of BTC hitting 1300$ in the next 2 years were higher than 20%, they should buy it even for 300$.  But they aren't, so...

Why not 19% or 21%?