IS Forum
Forum Index Register Members List Events Mark Forums Read Help

Go Back   International Skeptics Forum » General Topics » Economics, Business and Finance
 


Welcome to the International Skeptics Forum, where we discuss skepticism, critical thinking, the paranormal and science in a friendly but lively way. You are currently viewing the forum as a guest, which means you are missing out on discussing matters that are of interest to you. Please consider registering so you can gain full use of the forum features and interact with other Members. Registration is simple, fast and free! Click here to register today.
Tags bitcoin

Reply
Old 12th January 2021, 06:34 PM   #921
a_unique_person
Director of Hatcheries and Conditioning
 
a_unique_person's Avatar
 
Join Date: Jul 2002
Location: Waiting for the pod bay door to open.
Posts: 42,969
Originally Posted by zooterkin View Post
Schroedinger's bitcoin.
__________________
Continually pushing the boundaries of mediocrity.
Everything is possible, but not everything is probable.
“Perception is real, but the truth is not.” - Imelda Marcos
a_unique_person is offline   Quote this post in a PM   Nominate this post for this month's language award Copy a direct link to this post Reply With Quote Back to Top
Old 12th January 2021, 10:15 PM   #922
Samson
Philosopher
 
Join Date: Oct 2013
Posts: 9,252
Originally Posted by a_unique_person View Post
Schroedinger's bitcoin.
Watching it cross the event horizon
Samson is offline   Quote this post in a PM   Nominate this post for this month's language award Copy a direct link to this post Reply With Quote Back to Top
Old 12th January 2021, 10:21 PM   #923
psionl0
Skeptical about skeptics
 
psionl0's Avatar
 
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 16,848
Originally Posted by blutoski 36 hours ago View Post
So, like, later this afternoon, I guess.
Well that was a terrible guess. The price hasn't done much of anything for at least 36 hours (although it is down from the $40K+ of last week).

Mind you, a quick study of the price history shows that the odds were massively against such a prediction. Although the price has been in free fall several times in its history, I can't find any instance of a 50% price drop in a single day.

The current bubble may still have some time to go before the price comes crashing down again.
__________________
"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975
psionl0 is offline   Quote this post in a PM   Nominate this post for this month's language award Copy a direct link to this post Reply With Quote Back to Top
Old 15th January 2021, 11:16 AM   #924
Armitage72
Philosopher
 
Armitage72's Avatar
 
Join Date: Mar 2012
Location: Rochester, NY
Posts: 5,164
A man in the UK accidentally threw away a hard drive containing his Bitcoins back in 2013, which would now be worth about $273 million. He's offering the town $70 million to let him excavate the landfill looking for it, the payment depending on him finding the drive and the data being recoverable. The town is saying that the excavation would have a significant environmental impact and could cost millions, with no guarantee of him being able to pay.
Armitage72 is offline   Quote this post in a PM   Nominate this post for this month's language award Copy a direct link to this post Reply With Quote Back to Top
Old 16th January 2021, 10:32 PM   #925
a_unique_person
Director of Hatcheries and Conditioning
 
a_unique_person's Avatar
 
Join Date: Jul 2002
Location: Waiting for the pod bay door to open.
Posts: 42,969
Anyone want to trade some Tesla shares for Bitcoin.
__________________
Continually pushing the boundaries of mediocrity.
Everything is possible, but not everything is probable.
“Perception is real, but the truth is not.” - Imelda Marcos
a_unique_person is offline   Quote this post in a PM   Nominate this post for this month's language award Copy a direct link to this post Reply With Quote Back to Top
Reply

International Skeptics Forum » General Topics » Economics, Business and Finance

Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -7. The time now is 03:52 AM.
Powered by vBulletin. Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.

This forum began as part of the James Randi Education Foundation (JREF). However, the forum now exists as
an independent entity with no affiliation with or endorsement by the JREF, including the section in reference to "JREF" topics.

Disclaimer: Messages posted in the Forum are solely the opinion of their authors.