Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 14/04/2014, 12:41:09 UTC
It's possible that these next couple days will be the last chance to sell above 460 for a year.

It is also possible that these next couple of days could be the last chance to buy below $460 for a year.  Both are possible.  Seems very likely that we are going to see a lot of days in the next year over $460.. maybe even 350 or more of them?  I don't have a crystal ball.
I know someone who actually has a crystal ball who I asked about Bitcoin and I still trust my TA more than her.

So what kind of odds are you giving it? 

I do NOT claim to know too much about BTC in the short-term, but I am investing for the long term, and I was thinking at least two years, but I was fairly certain that we would know within this year whether BTC is going up or NOT.

You can even pick a larger number and predict that BTC will stay below $500 for at least half of the next year (or some other quantity).  I am sure you would get bets on such a bearish prediction. 

Personally, I have NO real idea, and I do NOT claim to have any real predictive capabilities (even though I spout them out here and there and within this thread b/c I am saying what I am thinking and putting my money on such thoughts, unless someone causes me to rethink my strategy).

In that regard, I would imagine in the next 365 days that we are more likely to see more days above $500 for that period rather than below $500 for that period.    That would be a pretty interesting bet, and if if the bet were 50/50 odds, I may take it for some small amount. 

I do NOT have enough foresight to know for sure, but I am sure that if you wanted to take such a bet, there would be plenty of posters in this thread that would be willing to bet you on that specific kind of prediction (maybe adjust the numbers a little bit to suit predictive values and what odds or any other details).