FiftyTwo comments on New Year's Prediction Thread (2012) - Less Wrong

20 Post author: gwern 01 January 2012 09:35AM

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Comment author: gwern 03 January 2012 05:20:33PM 0 points [-]

Be more specific; for your first one, I can think of at least X reasonable operationalizations (price, daily blockchain transactions, daily Mtgox transactions, value of either set of transactions (# times price), hashing power, # of nodes in the P2P/IRC network, Google search queries, /r/Bitcoin or Bitcoin forum activity, news coverage (eg. # of hits in the prior week in Google News)...)
What counts as 'major'?

Comment author: FiftyTwo 03 January 2012 05:46:54PM 0 points [-]

Ok.

Coverage in media will decrease 90% (the novelty value has worn off, so unless something major happens theres little reason to discuss them). - The daily average of trades involving private individuals will be lower in 2012 then it was in 2011. 70%
Originally I was thinking of something like "one a non-bitcoin enthusiast would probably have heard of." But for something more quantifiable lets say (top 100 retailers by online sales.)[http://www.internetretailer.com/top500/list/]. 1%. Top 500 5%.

Comment author: gwern 03 January 2012 06:36:44PM 1 point [-]