Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Whenever i think this thread can't get any more retarded it does. The fact that so many people using large amounts of money to buy/sell bitcoins that don't understand the concept of EV is mind-blowing.

Explain the bare essence then.

By EV, I expect you mean expected value?

I see various forms of dollar cost averaging going on with various expectations that Bitcoin will acquire some additional value based on taking market share from remittances, store of value, currencies and hedging against irresponsible monetary policies. There are other motivations and theories as well, including various forms of speculation on price direction based on charts and lines.

Any special perspective or insight you can drop upon us cave dwellers?

It could also be exposed value. The fact that so many people using seldom used, unexplained abbreviations in this thread, is mind-blowing.

Yeah.... I really do NOT mind constructive criticisms or pointing out potential flawed logic, b/c maybe we could learn from that. However, bare mudslinging... seems to have NO real purpose - except to maybe just to make the poster feel good for a short time.

Also, even throwing out a term, such as exposed value, may need to be explained in a context by use of an example. exposed value would likely have something to do with risk taking - but investors vary a lot in this regard NOT only in their risk aversion but their knowledge or even desire to recognize risk. I'm sure mine differs from yours for example.. but if we talked over our decision-making and preferences, we would likely be more informed thereafter about how to proceed with our future risk allocation(s).

I didn't say earlier, but I understand your desire to learn daytrading by doing.