Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
SlipperySlope
on 15/04/2014, 18:18:07 UTC
I have not thought it through, wanted to have feedback! Smiley

Wisdom of Crowds theory says that the average of our guesses should be more accurate than any single guess. This should be a motivation for us to contribute our predictions regardless of our self-supposed expertise.

What I would add to your thinking is to distinguish bubbles as the chief bitcoin price phenomenon.

Furthermore, I suggest a survey in addition to particular predictions. Survey data to be gathered would include . . .

  • whether the participant agrees that there are bubbles
  • what is the current bubble phase, i.e. pre-peak, post-peak, pre-bottom, post-bottom
  • what is the predicted time to the next bubble phase
  • peak price of the next peak
  • month of the next peak
  • price of the next post-peak bottom
  • month of the next post-peak bottom
  • year during which 50% adoption occurs

If there is no better place, I would conduct such a survey each month on my logistic price model thread.