Coin Bureau: AR will fall

Said on Nov 7, 2022, at 12:22 in the video.

What was said
Coin Bureau

@coinbureau

“this means it's possible if not likely that AR will lose the ground it's gained over the last week”
Watch at 12:22Crypto News: ETH Updates, Arweave, Fed Hikes, Twitter & More!!
PredictionARwill fallChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$13.60

Nov 7, 2022

Price at close

$7.01

Nov 7, 2023

Return

−48.5%

Bitcoin +71.9%

AR closed at $13.60 on Nov 7, 2022. On Nov 7, 2023 it closed at $7.01, a return of −48.5%. BTC returned +71.9% over the same window. The call was that it would fall.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

The window it was checked over

ARWindow checked
$0$5.00$10$15$20May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024Said on Nov 7, 2022
$0$5.00$10$15$20May 2022Nov 2022Jun 2023Jan 2024Said on Nov 7, 2022

AR closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-DIR v4Correct$13.60Nov 7, 2022$8.96Dec 7, 2022−34.1%Bitcoin −18.2%
90 daysR-DIR v4Correct$13.60Nov 7, 2022$11.52Feb 5, 2023−15.3%Bitcoin +11.4%
180 daysR-DIR v4Correct$13.60Nov 7, 2022$7.36May 6, 2023−45.9%Bitcoin +40.1%
1 yearR-DIR v4Correct$13.60Nov 7, 2022$7.01Nov 7, 2023−48.5%Bitcoin +71.9%
3 yearsR-DIR v4Correct$13.60Nov 7, 2022$5.74Nov 6, 2025−57.8%Bitcoin +392.2%
5 yearsR-DIR v4Pending——Nov 6, 2027——
Why: 30 days

AR closed at $13.60 on Nov 7, 2022. On Dec 7, 2022 it closed at $8.96, a return of −34.1%. BTC returned −18.2% over the same window. The call was that it would fall.

Why: 90 days

AR closed at $13.60 on Nov 7, 2022. On Feb 5, 2023 it closed at $11.52, a return of −15.3%. BTC returned +11.4% over the same window. The call was that it would fall.

Why: 180 days

AR closed at $13.60 on Nov 7, 2022. On May 6, 2023 it closed at $7.36, a return of −45.9%. BTC returned +40.1% over the same window. The call was that it would fall.

Why: 1 year

AR closed at $13.60 on Nov 7, 2022. On Nov 7, 2023 it closed at $7.01, a return of −48.5%. BTC returned +71.9% over the same window. The call was that it would fall.

Why: 3 years

AR closed at $13.60 on Nov 7, 2022. On Nov 6, 2025 it closed at $5.74, a return of −57.8%. BTC returned +392.2% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Nov 6, 2027.

What was said around it

possible to store information in a decentralized and censorship resistant way forever this sounds impossible but the novel architecture and incentives of our weave make it theoretically achievable if you're subscribed to My Weekly Newsletter you'll know that I held our weave's AR coin as part of my portfolio for quite some time I sold out of AR however after hearing that Solana had stopped using it to store its long-term transaction history it's safe to say that decision was a bit premature then again we're still very much in a crypto bear Market this means it's possible if not likely that AR will lose the ground it's gained over the last week I suppose that ultimately depends on how much demand is created for our weave storage by Instagram note that you can track this on live peers web 3 index now our weave's announcement wasn't the only one in the decentralized storage sector filecoin also announced the formation of the decentralized storage alliance with computer giant AMD storage giant Seagate and big4 accounting firm Ernst young or ey as it's rebranded to as founding partners the aim of the alliance is to help web2 companies transition to web3 but it looks like meta has already found

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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