
Nassim Nicholas Taleb @nntaleb
2nd stage of coping for bitcoiners: promoters will cherry-pick a past period where purchases were profitable. In finance you look at 1) DRAWDOWNS (in log), 2) Average of ALL the prices at whch promoters recommended (includes >60K). For instance MicroTragedy's average is ~31K 1/n — PolitiTweet.org