Thread: [Merged] Bitcoin - Part 3
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Old 26th October 2019, 01:40 AM   #264
Samson
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Join Date: Oct 2013
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Originally Posted by psionl0 View Post
ftfy. You don't even have to be a mathematician to understand this.

Face it, predicting bitcoin's price day to day is like predicting next week's lotto numbers. Pure soothsaying.

Based on history, one might be able to make some predictions for the long term price of bitcoin with a small degree of confidence. For example, there is a reasonable probability that the price of bitcoin will again exceed $20,000 - maybe by a big margin. However, we may be looking at years before this happens.
20,000 looks like zero in a probability play.
infinity is the number of ico's possible, Bitcoin value should be divided by infinty.
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