Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
d_eddie
on 10/01/2018, 20:40:52 UTC
It's finite upside vs infinite downside, and he knows.

Like Nassim Taleb (and any proper thinking mathematician), I would think the downside is limited (Bitcoin can't become less than $0) and the upside is unlimited (or: potentially much higher than the downside). The perfect example of an asymmetric bet that Taleb has written extensively about.
Yes, yes. I meant downside/upside for someone shorting bitcoin.


Quote
Andreessen did help a little. Thanks, Wekkel! :-)