Cryptocurrency

[Wayne Potgieter]

I found this article to be quite useful. It attempts to place statistical analysis and inference on some of the more popular cryptos. I have done one whole module in University on statistics so I can completely prove that this article is correct in all aspects.

 

Seriously though, i do like the use of confidence intervals for forecasting, but the range is simply astounding.

 

https://medium.com/spreadstreet/10-statistical-price-predictions-for-10-cryptocurrencies-b8167f076d5d

Edited November 29, 2017 by Wayne Potgieter

[_C50_]

Another opinion on BTC....

 

http://www.coronation.com/za/personal/the-bitcoin-bubble-october-2017

 

 

[Pieter1]

Man I’m excited to start playing with this. My Luno app is still locked tho. Seems like it will take 5 working days for them to solve my problem.

[Squier]

^{Went n on BTC and ETH in August. Bought a few XRPs a month or so ago. Still going well. The trick is to know when to take some profit and keep it in cash... to which I don't have the answer quite yet.}

 

^{It's all speculation, but some believe that it'll go both above $12k and below $5k before Christmas. We'll see.}

 

^{At this stage it's very much an investment vehicle with a high yield, thus the appeal and growth. It does need to become more mainstream as a method of exchange for it to become more sustainable IMHO.}

Edited November 30, 2017 by Squier

[Squier]

Interesting graph...

 

[ChUkKy]

.......and they all come tumbling down again.

 

At least im still a long way up though.

 

www.coinmarketcap.com

Edited November 30, 2017 by ChUkKy

[Wayne Potgieter]

.......and they all come tumbling down again.

 

At least im still a long way up though.

 

www.coinmarketcap.com

Yeah, its a bit of a pump n dump.

 

Lets see where it goes....

 

I can clearly see the Chuck Norris of the Internet Mr John McAfee has made his view abundantly clear.

 

[Eldron]

Red alert red alert. The IRS has just won an identify and tax case on $20k and over Bitcoin traders. I wonder what that will do to the price?

 

Uncharted waters is crazy fun!

[Wayne Potgieter]

Red alert red alert. The IRS has just won an identify and tax case on $20k and over Bitcoin traders. I wonder what that will do to the price?

 

Uncharted waters is crazy fun!

Yep, the crypto forums are going crazy.

[BaGearA]

Patiently waiting for the crash 

[SwissVan]

Patiently waiting for the crash 

 

I haven't bought any yet, probably wont

[Dexter-morgan]

R 191 000 on Luno!! and I took my money out

[BaGearA]

R 191 000 on Luno!! and I took my money out

Same  regreting it deeply now 

[Pieter1]

Same regreting it deeply now

Jip. I sold at 170 I did not think it was going up more than that. But apparently it is going to go down soon.

[Odinson]

 

 

Commentary: Yes, Bitcoin May Be a Bubble—But Not for the Reason You Think

 

Interesting read: http://fortune.com/2017/12/04/bitcoin-value-today-bubble-burst/

[Odinson]

Bitcoin should be a longer term investment than what many give it credit for. 

 

If you've got the $$, buy back in. 

Edited December 6, 2017 by Odinson