Re:For Sale: 29,656.51306529 Bitcoins
by baddox on Thursday June 12, 2014 @08:40PM
(#7886880)
> With my theory of value, Bitcoin has to collapse.
There's absolutely no risk to a vague claim like that. It's unfalsifiable. Either we witness Bitcoin collapse, in which case you made an amazing prediction, or we don't witness Bitcoin collapse, and on your deathbed you can be proud that you haven't been proven wrong yet.
To make a meaningful prediction, name a time (preferably within most of our expected lifetimes) and a market price. Of course, if you could do that with any confidence, you should also trade with that same confidence.
There's absolutely no risk to a vague claim like that. It's unfalsifiable. Either we witness Bitcoin collapse, in which case you made an amazing prediction, or we don't witness Bitcoin collapse, and on your deathbed you can be proud that you haven't been proven wrong yet.
To make a meaningful prediction, name a time (preferably within most of our expected lifetimes) and a market price. Of course, if you could do that with any confidence, you should also trade with that same confidence.