Quote from: bitconerian on June 11, 2016, 12:55:13 PM

Quote from: SheHadMANHands on June 11, 2016, 12:51:33 PM

Quote from: bitconerian on June 11, 2016, 12:45:23 PM

Quote from: SheHadMANHands on June 11, 2016, 12:25:28 PM

Quote from: Searing on June 11, 2016, 12:21:16 PM

Damn I sure hope you are right. I have 106 BTC more or less.....It would be nice to see what kinda 'ass' I would be with that kinda action.

In Wall Observer or around friends?

Jabroni Friends (before) - "You're stupid man, going to lose all your money. Can't believe you're buying ~~into a scam (crypto-currency)~~ scratch tickets!"
Jabroni Friends (after) - "Man... I wish I got as lucky as this guy! You better ~~sell~~ not spend all your winnings on scratch tickets before you're sorry and thank God for that miracle!"

FTFY. Buying scratch tickets doesn't become the best investment ever if you win

It's arguably a +EV (expected value) "scratch ticket".

Same could be said for every shitcoin currently trading, and every ponzi scheme that hasn't collapsed Undecided

Quote from: SheHadMANHands on June 11, 2016, 12:51:33 PM

In nine parallel universes, it goes to $0. In the tenth, it achieves ubiquity and goes to $10,000+. A bet that usually doesn't pay off doesn't make it a bad bet. An EV calculation simply takes into account the probabilities of different outcomes.

That's typical Longshot Charlie reasoning: "I only gotta win once, and all this will be worth it." The thing about calculating EV is it can't be done in shell games and crypto, for the same reason: the game is rigged, you are basing your EV calculations on a faulty model, it doesn't work like you think it does

You are working overtime, Lambie in your new account, to attempt to distort BTC fundamentals, to make some false comparisons, and sure some of your logic seems like it could be sound, if only you would properly take into account actual facts rather than just making shit up with various factual exaggerations.