Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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
Jabroni Friends (after) - "Man... I wish I got as lucky as this guy! You better
FTFY. Buying scratch tickets doesn't become the best investment ever if you win
It's arguably a +EV (expected value) "scratch ticket".
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