Topic: This speculation forum is the biggest waste of space (Read 1200 times)
Nothing wrong with the Speculation Forum, the Lending Section is the worst, full of scammer newbies trying to get loans with no reputation & no collateral. Scam city on there.
Reading peoples predictions of 10k,100k,1mil cheers me up 
There are many ways to predict the $1m price for bitcoin. You can select the method you like and make yourself happy.
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A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.
You're right, but look at the very definition of speculation and that's just what they're doing but if you don't care for that sub then don't go in there. Problem solved. At least it's out of the way there and people aren't clogging up the main bitcoin sub with price speculation crap.
I agree that this section of the forum has lots of biased posts. On the other hand it also contains some great insights.
Yeah , theres probably one post in here somewhere thats actually right
I agree that this section of the forum has lots of biased posts. On the other hand it also contains some great insights.
A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.
Basically you could delete 99% of the threads on here, and you would not miss anything.
Basically you could delete 99% of the threads on here, and you would not miss anything.
Hey OP define Speculation?
Not the OP, but how's this (it's from OS X's Dictionary app):
Quote
investment in stocks, property, etc. in the hope of gain but with the risk of loss: the company's move into property speculation. [ count noun ] : he was a millionaire from speculations on the stock market.
Wiktionary offers a similar definition:
Quote
The act or practice of buying land, goods, shares, etc., in expectation of selling at a higher price, or of selling with the expectation of repurchasing at a lower price; a trading on anticipated fluctuations in price, as distinguished from trading in which the profit expected is the difference between the retail and wholesale prices, or the difference of price in different markets.
There are other definitions of course (apparently there's a game called "Speculation", for example) but this one seemed the most apt for Bitcoin and a sub-section of the "Economics" section of the forum.
Reading peoples predictions of 10k,100k,1mil cheers me up
I get relevant info here, you just have to dig through a lot of shit - which can be entertaining in it's own right. Tell you what, I'll arrange for your refund - just post your btc address and the amount you paid to join this forum and I'll fix you right up. 
Something something wisdom of crowds.
I like this forum even though I think most posters are clowns with unreal expectations and or gambling problems. It's good to keep your finger on the pulse of what the masses are thinking.
I like this forum even though I think most posters are clowns with unreal expectations and or gambling problems. It's good to keep your finger on the pulse of what the masses are thinking.
No its not a waste of space as it generates pageviews for the forum, its currently the third most viewed board(Reference).
And wonder which topic is the most viewed on the forum? Its another speculation thread: WallObserver
And wonder which topic is the most viewed on the forum? Its another speculation thread: WallObserver
A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.
Basically you could delete 99% of the threads on here, and you would not miss anything.
Basically you could delete 99% of the threads on here, and you would not miss anything.
Hey OP define Speculation?
Your probably right but speculation is also probably my most visited sub.
Methinks this should be on meta, but I also agree with your point. And a lot of this forum as a whole could be nuked with no tears shed.
+1 for meta, but also agreeing with the original point.
I think the problem is the word "Speculation". To me that means "speculating with BTC", i.e. it's a section of the forum for discussing trading. To a lot of people it seems to mean "any speculation about the price of BTC is on-topic". Regardless of who's correct, the latter spawns a greater number of low-value replies (1, 2 word posts, etc).
However, I also tend to agree with the poster who suggested that ignoring this section is the answer! It's maybe an OK tool for scanning and assessing sentiment, but speculators probably don't need to read 100 posts providing yes/no answers to the question "will BTC reach eleventy thousand this month?" to trade effectively.
This section is for the speculation and discussion of bitcoin's value.
Some general guidelines:
Some general guidelines:
- There is no tolerance for the spreading of false or deceptive information.
Define FALSE and DECEPTIVE please.
Opinions can borderline be one of those two.
Opinions can borderline be one of those two.
Copied and pasted from the old guidelines. Opinions are fine, and you are plenty smart enough to know what you should and should not be posting smoothie.
many people use only "his opinion" to create new speculation thread no more
A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.
Basically you could delete 99% of the threads on here, and you would not miss anything.
That's the point of speculation. Basically you could delete 99% of the threads on here, and you would not miss anything.
The definition of speculation is: "the forming of a theory or conjecture without firm evidence."
this is speculation, there are no facts, every speculative theory is based on gut feeling at the end, TA is not the Messiah that can tell you the truth about where the market will move
so as long as the prediction sounds credible and reasonable, it's good and can be added
so as long as the prediction sounds credible and reasonable, it's good and can be added
probably one of the realest posts I've seen on here in at least 3 days.
A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.
Basically you could delete 99% of the threads on here, and you would not miss anything.
Basically you could delete 99% of the threads on here, and you would not miss anything.
What facts are there, by the time the facts come out bitcoin either drops or goes up. So it's to late.
He probably took advice from someone on here who sounded like he knew what he was talking about, and lost a pile of cash. Otherwise why was he reading the speculation forum if it's such a waste of space? I haven't looked at some boards here because they have no interest to me, so why doesn't he just ignore speculation?
A million threads from people who give their opinions with zero facts, or who claim to be able to see the future and can predict BTC movements into the future (yah right), and my new favorite, threads with completely fake headline news.
Basically you could delete 99% of the threads on here, and you would not miss anything.
Basically you could delete 99% of the threads on here, and you would not miss anything.
What facts are there, by the time the facts come out bitcoin either drops or goes up. So it's to late.
LOL. If you think this Speculation section is bad, you should check out the Gambling section.
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