Hey everyone,
Another Wednesday has passed and that means that another batch of winners of our BTC value predicting contest emerged. Small recap of what this round was all about --
During the whole last calendar week, ranging Monday Nov 27 through the end of Sunday, DEC 3 (23:59 EST), you had to estimate a FUTURE value of Bitcoin on this past Wednesday's midnight, i.e. 23:59 EST, DEC 6.
Checking on Coinbase charts page, it looks like the ghost you were chasing this time amounted to a whopping $14,334!!
Yes, boyz and galz! This means that only since last Wednesday Bitcoin has grown in value by not so shabby $3,657, or in other words spiking by truly massive 34 % just over just week's time. Not bad at all if you ask me. Most of that increase imho goes on account of the launch of Bitcoin futures scheduled for this Sunday, so I think we might not be done yet heading north.
BUT what happens then is a real mystery even to seasoned Wall Street wolves with pockets deep enough to manipulate even pricier assets, and since for the first time on a massive scale people will be able to start shorting Bitcoin, i.e. betting on its price going DOWN, I wouldn't be surprised to eventually see massive dips letting Bitcoin down by 30-50 %.
Too bad I'm short on crystal balls, otherwise I'd just tell you when to jump in and out. Anyway --
SO WHO GOT THE CLOSEST THIS TIME?
Atually 'closest' might actually NOT be the best word to use this time, coz the smallest gap between the true value and your estimate was $1,434.79 and we have two guys sharing 5th spot while Joe missed it by mere $.11. But this is what my list reveals:
1st prize of $250 goes to Rusty Fetterov aka fetterov @WAD himself with a difference of $1,434.79
2nd prize of $125 goes to talaverajl @WAD with a difference of just $1,517.24
3rd prize of $50 goes to uffa2015 aka sirenetta @WAD with a difference of $1,844.00
4th prize of $50 goes to 2Late4Me aka SharonD1960 @SL with a difference of $1,907.83
5th prize of $50 splits between Simple222 aka Danny421 @WAD and scu11y69 aka scu11y69 @SL while sharing the same difference of $1,988.33.
Many thanks to everyone who took part, congrats to the winners above, and hey -- looking forward to see if you continue betting on BTC going higher, or heading south for next Wednesday, Dec 13 --
A quick look in the calendar tells me that there are just THREE MORE ROUNDS LEFT. So make it count!! Also someone pls nudge drjugz a few minutes before Sunday midnite comes --
Happy guessing. Wishing you all the best of luck!
Cheers Jack
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