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Topic: 2014 USD/mBTC Price Prediction Contest - page 9. (Read 21851 times)

legendary
Activity: 2576
Merit: 1087
I think...



... really banking on the next bull run Smiley

quite the opposite old bean!

If the price does nothing, i'll be lucky to escape with my underwear intact.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
... really banking on the next bull run Smiley


I don't mind losing if the exchange rate goes too high  Grin
legendary
Activity: 2324
Merit: 1125
You're playing it safe I see Smiley
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
The TOTAL points for my 2 predictions:


Positive points when exchange rate in interval [199,53 ; 2511,89] or below 12,59
Max points: 12.1 when exchange rate in interval [1000 ; 1122,02]
Eliminated when exchange rate in interval [12,59 ; 199,53] or above 2818,38

edit: I think I have a fair chance to get positive points Wink
legendary
Activity: 2324
Merit: 1125
And red is positive?
legendary
Activity: 2576
Merit: 1087
I think...



... really banking on the next bull run Smiley
legendary
Activity: 2576
Merit: 1087

ORANGE SHEETS!!!   Grin Grin Grin

will post my point chart in a few minuets Wink

this months chart is getting complicated, gotta factor in last months predictions too!
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!

ORANGE SHEETS!!!   Grin Grin Grin

will post my point chart in a few minuets Wink
legendary
Activity: 2576
Merit: 1087
No new contestants joined then. Interesting.

I did not have time to promote it. There is now a good head start for the current players as they have forecasted 15/36 rounds. On the other hand, there are some predictions that are bordering elimination (bluemoon is busted if it hits $4 in 2014-8-31, which imo is a very realistic possibility, and wachtwoord is almost surely out by then Wink )

Next month let's suck some new blood in, shall we?
 

I want to be out by then!

This contest is the cheapest hedge I ever bought Tongue

excellent strategy Cheesy
sr. member
Activity: 462
Merit: 250
Se if there would be a new contest for the price of december i would say 1mBTC/ 10 USD
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
Next month let's suck some new blood in, shall we?

I'll do a bump in my prediction game for your game Wink
legendary
Activity: 2324
Merit: 1125
If we stay under $1k in June I'll reach round 3 at least Tongue
legendary
Activity: 2324
Merit: 1125
No new contestants joined then. Interesting.

I did not have time to promote it. There is now a good head start for the current players as they have forecasted 15/36 rounds. On the other hand, there are some predictions that are bordering elimination (bluemoon is busted if it hits $4 in 2014-8-31, which imo is a very realistic possibility, and wachtwoord is almost surely out by then Wink )

Next month let's suck some new blood in, shall we?
 

I want to be out by then!

This contest is the cheapest hedge I ever bought Tongue
legendary
Activity: 2576
Merit: 1087
donator
Activity: 1722
Merit: 1036
No new contestants joined then. Interesting.

I did not have time to promote it. There is now a good head start for the current players as they have forecasted 15/36 rounds. On the other hand, there are some predictions that are bordering elimination (bluemoon is busted if it hits $4 in 2014-8-31, which imo is a very realistic possibility, and wachtwoord is almost surely out by then Wink )

Next month let's suck some new blood in, shall we?
legendary
Activity: 2324
Merit: 1125
No new contestants joined then. Interesting.
donator
Activity: 1722
Merit: 1036
The second prediction round results are here!

We have 8 entries in the game, and all submitted a prediction for all 7 months (price in last day of June, July, ... December).

The summary of the monthly predictions is as follows:

Arithmetic average is the simple average of the weighted simple average of all the predictions. The high values affect this a lot, for which reason it is generally a rather high figure, even for the nearest months.

Geometric average is the weighted simple average of the geometric average of all the predictions, scaled to 100% (due to geometric averaging, the sum of the geometric averages is only about 50%). This is what I would use as the consensus average.

Median is the midpoint of the probability density (geometric averages used), and would be near the consensus "most likely case".

Mean is the slot with the highest probability (geometric), and would be near the consensus "most likely case" as well.

Months go from June to December. mBTC, decimal comma.

I will send the "orange sheet" to sgbett and he can distribute it to the contestants.

Code:
arith ave	5,77	6,67	7,47	8,19	8,74	9,82	10,87
geom ave 0,95 1,15 1,35 1,59 1,62 3,08 4,45
median  0,75 0,84 0,94 1,06 1,06 1,19 1,33
mode         0,75 0,84 1,06 1,06 1,19 1,50 1,50
legendary
Activity: 2324
Merit: 1125
hello. is all ok? my loins yearn for orange numbers Cheesy

lol, I'm rooting for prices going up anyway. I can do that without knowing how much my score will suffer exactly Tongue
legendary
Activity: 2576
Merit: 1087
hello. is all ok? my loins yearn for orange numbers Cheesy
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
Also very excited to know how high the price needs to be to get my max points again Wink
But don't worry, I fully understand that technical problems can happen, I can wait... (I don't have the money to influcence the exchange rate to be in the exact spot anyway)  Grin
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