LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
a) In 2014, price will visit below 100 = 0%
b) In 2014, price will visit below 200 = 0%
c) In 2014, price will visit below 300 = 5%
d) In 2014, price will visit below 400 = 15%
e) In 2014, price will visit above 500 = 99%
f) In 2014, price will visit above 750 = 99%
g) In 2014, price will visit above 1000 = 98%
h) In 2014, price will visit above 1250 = 95%
i) In 2014, price will visit above 2000 = 85%
j) In 2014, price will visit above 3000 = 70%
k) In 2014, price will visit above 4000 = 40%
l) In 2014, price will visit above 5000 = 25%
m) In 2014, price will visit above 7000 = 8%
n) In 2014, price will visit above 10000 = 2%
/LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
How can you say there is 0% chance of below 200? That is ridiculous. There is no such thing as 0% chance. What if tomorrow,
1. U.S. bans bitcoin
2. A flaw is found in the code
3. EC or SHA256 is broken
4. The existing exchanges shut down due to fraud or seizure.
5. Someone randomly decides to dump 30KBTC at market on bitstamp.
6. The economy melts down