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Topic: Data proves Bitcoins are dropping to 0 - page 3. (Read 8869 times)

imperi
full member
Activity: 196
Merit: 101
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 10:55:03 PM
#36
Quote from: mellowhead on June 17, 2011, 09:52:33 PM
That's one scary graph, imperi. And the data doesn't lie. As we can all clearly see, the value will most certainly be going into to negative soon.

Thanks for the heads up.

Data never lies. Linear regression theory is the most precise economic theory to date. The ups and downs average out to show clearly where everything is headed. Of course there is maybe a 1% chance it will not hit negative, but the chance is about 5 standard deviations away from the linear regression.
mellowhead
member
Activity: 98
Merit: 10
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 09:52:33 PM
#35
That's one scary graph, imperi. And the data doesn't lie. As we can all clearly see, the value will most certainly be going into to negative soon.

Thanks for the heads up.
enmaku
hero member
Activity: 742
Merit: 500
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 09:11:45 PM
#34
Quote from: imperi on June 17, 2011, 02:42:39 PM
13.6 guys... getting closer to 0! In several hours it will be 10, then 7, then 4, then 1, then -5... better sell before it's too late!

I'm gonna wait for -5 and see which exchange(s) decided to use an unsigned int, then sell all my BTC for $4,294,967,291 each.
Benjie
member
Activity: 82
Merit: 10
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 09:07:50 PM
#33
Quote from: chiropteran on June 17, 2011, 12:01:49 PM
IMO, now is the time to invest in NVDA.  With BTC reaching negative values, NVDA cards will be better for mining than AMD.
hahah nice Smiley
Vince Torres
sr. member
Activity: 337
Merit: 250
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 05:26:26 PM
#32
Quote from: imperi on June 17, 2011, 11:39:40 AM


This is proven with a mathematical linear regression, which is used by market experts to forecast future values. This regression clearly shows a trend towards 0, and could possibly even hit negative value. Sell everything.
Dey took our jobs...
Dey took our derrrss...
Der te der
hunk
newbie
Activity: 15
Merit: 0
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 04:52:45 PM
#31
Quote from: imperi on June 17, 2011, 11:55:26 AM
Quote from: oneforall on June 17, 2011, 11:45:59 AM
Quote from: imperi on June 17, 2011, 11:39:40 AM
This is proven with a mathematical linear regression, which is used by market experts to forecast future values. This regression clearly shows a trend towards 0, and could possibly even hit negative value. Sell everything.

I don't get it, why did you take your time to make this post? where you thinking 'people really need to see this important information i discovered.'

This. Based on my data analysis, Bitcoins are projected to hit 0 and even lower values within a few days. Mining Bitcoins will make you lose more money than just electricity once it hits negative values. GPUs aren't meant to calculate hashes in reverse, so it could cause catastrophic short-circuits and possibly explosions in the homes of people who have dozens of mining setups.

Last time my computer went into a catastrophic short-circuit Kelly LeBrock walked out of the room,so maybe bitcoins reaching sub-zero prices is not such a bad thing after all?
Dobrodav
sr. member
Activity: 350
Merit: 250
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 04:38:36 PM
#30
According to the report of my agent in the anti-wold , price will stabilize at -2.30 ( minus 2.30 BTC), because there exists a strong resistance level, which prevents the BTC infiltration from our world.
MeowMixer
newbie
Activity: 48
Merit: 0
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 03:33:04 PM
#29
Quote from: chiropteran on June 17, 2011, 12:01:49 PM
IMO, now is the time to invest in NVDA.  With BTC reaching negative values, NVDA cards will be better for mining than AMD.
KingFisher9
member
Activity: 280
Merit: 10
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 03:32:54 PM
#28
SELL SELL SELL
RodeoX
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 03:28:16 PM
#27
Not this bull shit again.  Angry    Time to get out the ban stick on these forums.
myrkul
hero member
Activity: 532
Merit: 500
FIAT LIBERTAS RVAT CAELVM
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 03:19:46 PM
#26
Quote from: PGPpfKkx on June 17, 2011, 02:55:53 PM
so the more bitcoinds you DONT possess the richer you are!!! how can i dump more bitcoins that i have? proposals?

Send them all to the Bitcoin address in my signature. For this service, I will charge only $5.00 USD, though that price is negotiable. Wink
jakemates
member
Activity: 69
Merit: 10
firstbits.com/1c3qpa
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 02:58:55 PM
#25
Imperi's a known troll, fyi.
PGPpfKkx
hero member
Activity: 586
Merit: 501
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 02:55:53 PM
#24
so the more bitcoinds you DONT possess the richer you are!!! how can i dump more bitcoins that i have? proposals?
Klestin
hero member
Activity: 493
Merit: 500
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 02:52:22 PM
#23
You people are trying to fool me, but I won't be fooled!  I've read enough on this forum to know the secret to success and it is CLEARLY buy HIGH, sell LOW!  I'll wait until it hits $0.02, then I'll sell.

Nice try though.
imperi
full member
Activity: 196
Merit: 101
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 02:42:39 PM
#22
13.6 guys... getting closer to 0! In several hours it will be 10, then 7, then 4, then 1, then -5... better sell before it's too late!
opticbit
hero member
Activity: 695
Merit: 502
PGP: 6EBEBCE1E0507C38
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 01:37:04 PM
#21
Nice try theonion, But this isn't digg
Chick
member
Activity: 70
Merit: 10
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 01:31:30 PM
#20
Sorry, just had to bump it!  Grin
Astrohacker
full member
Activity: 156
Merit: 102
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 01:03:49 PM
#19
Awesome. I will wait until they drop to zero, and then buy infinity of them.
grue
legendary
Activity: 2058
Merit: 1431
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 12:45:58 PM
#18
Quote from: Vanquistador on June 17, 2011, 12:44:29 PM
I'll pay you $5 to take all of my bitcoins! Please!
send to here: 1ELvnrA6PhUyDBS6iR25K1Xx4xXL6VMfJX

You can pay me later. Tongue
Vanquistador
newbie
Activity: 28
Merit: 0
Re: Data proves Bitcoins are dropping to 0
June 17, 2011, 12:44:29 PM
#17
Quote from: imperi on June 17, 2011, 11:55:26 AM
Quote from: oneforall on June 17, 2011, 11:45:59 AM
Quote from: imperi on June 17, 2011, 11:39:40 AM
This is proven with a mathematical linear regression, which is used by market experts to forecast future values. This regression clearly shows a trend towards 0, and could possibly even hit negative value. Sell everything.

I don't get it, why did you take your time to make this post? where you thinking 'people really need to see this important information i discovered.'

This. Based on my data analysis, Bitcoins are projected to hit 0 and even lower values within a few days. Mining Bitcoins will make you lose more money than just electricity once it hits negative values. GPUs aren't meant to calculate hashes in reverse, so it could cause catastrophic short-circuits and possibly explosions in the homes of people who have dozens of mining setups.

CATASTROPHIC SHORT CIRCUITS that may cause POSSIBLE EXPLOSIONS IN MY HOME due to my miners?!?

Noooooooooooooooooooooooooo!!!!

I'll pay you $5 to take all of my bitcoins! Please!
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