CARRERA: Ingeniería en Automatización MATERIA: Métodos Estadísticos

PROFESOR: César A. Palacios Abril.

NOMBRE Y APELLIDO DEL ESTUDIANTE: Jesús Daniel Cantor Duran

The bitcoin Price and Innumeracy: Mathematical Illiteracy and its Consequences.

Usually, the people can lead to errors in decision, when the people don’t have the count of the
statistics and probabilities, such as in the case of bitcoin, how the Price has change and fluctuate in
the last months, a lot of people start to invest their money, buying bitcoin when the prices were
high, in its higher Price, it was more than 66.000 usd, today the Price is 27.500 usd, Paulos in the
innumeracy, tells that errors like this make the people lost their money and how the social factor is
a highlights point, that’s why the people have to know something or have a basic understanding of
statics and probabilities to make Good invest money, we can see the repercussions of this, when in
2022, after having its maximum value in 2021, the Price of bitcoin falls, and the investors get crazy
because they lost all their money. Now misinformation of statistics leads to poor financial decisions,
lots of people invest expecting profits either from interest rates or the financial growth of the bitcoin
prices, but its price today is stagnant and the experts say its because, the big fall of 2022 has left a
lot of new investors without desire to buy the crypto, and it is understandable, because the social
media manipulate the opinion and convince people to buy certain products or services that people
does not need, in this case the people buy the crypto why most of the bitcoin millionaires, became
famous for social media and their lucky break.

Bitcoin se volvió un cohete a inicios del 2023, pero ahora está en freno total y tiene problema para
superar los 28,000 dólares (xataka.com.mx)

https://www.xataka.com.mx/criptomonedas/bitcoin-se-volvio-cohete-a-inicios-2023-ahora-esta-
freno-total-tiene-problema-para-superar-28-000-dolares