RE: Superforecasting cryptocurrencies: Week 3 Day 1: Reviewing progress, the Swiss connection

You are viewing a single comment's thread from:

Superforecasting cryptocurrencies: Week 3 Day 1: Reviewing progress, the Swiss connection

in cryptocurrencies •  7 years ago 

Wow that's a lot of information. Thanks. What are the target prices in your excel analysis based on?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I haven't seen the comments before. Sorry it has taken so long to reply. The target price is 50% above the August 26 price in three months. I started with a 50% probability (a coin flip). I thought three months would give crypto coins a chance to overcome any blip from the July-August rollercoaster. The 50% target was pretty arbitrary (it works out at four times the original price in one year). I was more interested in seeing how much developments (rather than simple investments) were reflected in the price, though price movements are obviously also a stimulus. Hope that helps you understand what I am after.