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Economy => Speculation => Topic started by: ammy009 on June 19, 2015, 08:22:40 AM



Title: My prediction for June has proven correct
Post by: ammy009 on June 19, 2015, 08:22:40 AM
I predicted 1 month before :

see : https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038 (https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038)

for June average price I predicted : June 1, 2015    $241.96

Next ??


Title: Re: My prediction for June has proven correct
Post by: NorrisK on June 19, 2015, 08:29:01 AM
I predicted 1 month before :

see : https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038 (https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038)

for June average price I predicted : June 1, 2015    $241.96

Next ??

So what is the exact average until now? You cannot claim to Be correct yet, we are only halfway through the month. Also, Your value is pretty specific, a range of 10 usd would probably be better.

Nevertheless, interesting prediction you made!


Title: Re: My prediction for June has proven correct
Post by: ammy009 on June 19, 2015, 08:31:48 AM
I predicted 1 month before :

see : https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038 (https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038)

for June average price I predicted : June 1, 2015    $241.96

Next ??

So what is the exact average until now? You cannot claim to Be correct yet, we are only halfway through the month. Also, Your value is pretty specific, a range of 10 usd would probably be better.

Nevertheless, interesting prediction you made!

you're correct !!! actually nobody can't say what will be happened for Bitcoin price in the future. but, I have tried to predict ....... and there is no guarantee of my prediction  :o


Title: Re: My prediction for June has proven correct
Post by: Amph on June 19, 2015, 10:55:00 AM
i think is just a casulity

remember

1 is casuality
2 is coincidence
3 is premeditation

also you expect the price to remain at around 220 for the whole 2016? i disagree on this unless you can pull out a good math explanation, and not a simple guessing

we know that the "supply absorbtion" will be lower, so if the demand remain the same, the price must go up


Title: Re: My prediction for June has proven correct
Post by: AtheistAKASaneBrain on June 19, 2015, 11:30:35 AM
I actually think 241 is a good guesstimate for june's average. For the average to be that it probably needs to stay at around 250 for the rest of the month since the first days of june were always below that average.


Title: Re: My prediction for June has proven correct
Post by: randy8777 on June 19, 2015, 12:19:56 PM
it's not that hard to guess current price. it goes up and down all the time. i wouldn't be surprised if we see the price go down to around $220-$230 again.


Title: Re: My prediction for June has proven correct
Post by: qwk on June 19, 2015, 12:27:04 PM
for June average price I predicted : June 1, 2015    $241.96
No, you predicted $241.96 for June 1.
Not on average for June.
Price on June 1 was more like 220-230$.

Also, you predicted $243.78 for July 1.
We will see 8)


Title: Re: My prediction for June has proven correct
Post by: ammy009 on June 19, 2015, 01:16:49 PM
for June average price I predicted : June 1, 2015    $241.96
No, you predicted $241.96 for June 1.
Not on average for June.
Price on June 1 was more like 220-230$.

Also, you predicted $243.78 for July 1.
We will see 8)

I made my chart using MS office Excel. when I entered "June 2015" it automatically turned it to "June 1, 2015". But, actually I made the chart using avg. monthly price ! You may see the whole price lists in that post below :

Quote
Time                    Price
July 1, 2010    $0.09
August 1, 2010    $0.06
September 1, 2010    $0.06
October 1, 2010    $0.06
November 1, 2010    $0.20
December 1, 2010    $0.25
January 1, 2011    $0.30
February 1, 2011    $0.72
March 1, 2011    $0.94
April 1, 2011    $0.77
May 1, 2011    $3.03
June 1, 2011    $10.60
July 1, 2011    $15.40
August 1, 2011    $13.09
September 1, 2011    $8.21
October 1, 2011    $5.03
November 1, 2011    $3.15
December 1, 2011    $3.06
January 1, 2012    $5.27
February 1, 2012    $6.08
March 1, 2012    $4.92
April 1, 2012    $4.83
May 1, 2012    $5.00
June 1, 2012    $5.27
July 1, 2012    $6.63
August 1, 2012    $9.55
September 1, 2012    $9.97
October 1, 2012    $12.40
November 1, 2012    $10.57
December 1, 2012    $12.56
January 1, 2013    $13.30
February 1, 2013    $20.50
March 1, 2013    $34.50
April 1, 2013    $104.00
May 1, 2013    $116.38
June 1, 2013    $129.30
July 1, 2013    $84.61
August 1, 2013    $96.42
September 1, 2013    $128.26
October 1, 2013    $125.49
November 1, 2013    $198.51
December 1, 2013    $946.92
January 1, 2014    $770.44
February 1, 2014    $853.02
March 1, 2014    $563.74
April 1, 2014    $478.72
May 1, 2014    $456.27
June 1, 2014    $629.02
July 1, 2014    $635.59
August 1, 2014    $595.08
September 1, 2014    $474.13
October 1, 2014    $381.33
November 1, 2014    $325.39
December 1, 2014    $378.64
January 1, 2015    $313.92
February 1, 2015    $226.40
March 1, 2015    $258.74
April 1, 2015    $246.55
May 1, 2015    $232.12
June 1, 2015    $241.96
July 1, 2015    $243.78
August 1, 2015    $234.54
September 1, 2015    $216.05
October 1, 2015    $205.14
November 1, 2015    $199.11
December 1, 2015    $198.83
January 1, 2016    $205.49
February 1, 2016    $207.97
March 1, 2016    $204.41
April 1, 2016    $204.14
May 1, 2016    $204.63
June 1, 2016    $205.41
July 1, 2016    $209.29
August 1, 2016    $217.67
September 1, 2016    $218.91
October 1, 2016    $226.00
November 1, 2016    $220.58
December 1, 2016    $226.27
January 1, 2017    $227.22
February 1, 2017    $247.92
March 1, 2017    $291.31
April 1, 2017    $541.26
May 1, 2017    $622.99
June 1, 2017    $719.99
July 1, 2017    $336.96
August 1, 2017    $383.76
September 1, 2017    $525.82
October 1, 2017    $509.10
November 1, 2017    $931.55
December 1, 2017    $1,223.40


Title: Re: My prediction for June has proven correct
Post by: spazzdla on June 19, 2015, 02:57:41 PM
That seems pretty legit..


Title: Re: My prediction for June has proven correct
Post by: jayce on June 19, 2015, 03:40:02 PM
Nice prediction, but it could be just a luck since it's first month after you post your prediction. I will wait if the your prediction for next months is right or not. I guess you are an expert in economy so you can made the prediction until 2017  :)


Title: Re: My prediction for June has proven correct
Post by: ammy009 on June 19, 2015, 03:52:42 PM
Nice prediction, but it could be just a luck since it's first month after you post your prediction. I will wait if the your prediction for next months is right or not. I guess you are an expert in economy so you can made the prediction until 2017  :)
actually no one can make right prediction on BTC price. I just make a try ..


Title: Re: My prediction for June has proven correct
Post by: oblivi on June 19, 2015, 04:39:18 PM
What did you do to predict a bubble in June 2017? is it halving related? I think there will be a good bubble hapening around the halving but imo it will be before it happens in anticipation and hype, then followed by a big correction and continued slow uptrend until xmas 2017 with a similar price that you predicted on there, sightly crossing previous ath.


Title: Re: My prediction for June has proven correct
Post by: BTCevo on June 19, 2015, 04:50:39 PM
Nice prediction, but it could be just a luck since it's first month after you post your prediction. I will wait if the your prediction for next months is right or not. I guess you are an expert in economy so you can made the prediction until 2017  :)
actually no one can make right prediction on BTC price. I just make a try ..

Nope, there are some people that can predict it using some graphic and analysis so they will get some price or may be the exact price of bitcoin. Lets see what happened next month


Title: Re: My prediction for June has proven correct
Post by: Amph on June 19, 2015, 07:21:00 PM
Nice prediction, but it could be just a luck since it's first month after you post your prediction. I will wait if the your prediction for next months is right or not. I guess you are an expert in economy so you can made the prediction until 2017  :)
actually no one can make right prediction on BTC price. I just make a try ..

Nope, there are some people that can predict it using some graphic and analysis so they will get some price or may be the exact price of bitcoin. Lets see what happened next month

it's no like they can predict it, they just speculate about the most possible outcome based on the history of that asset, they practically try to find the best probability for their correct choice

no one can really predict the marlket, and even professional traders lose some times, the difference is that they lose less, and their gain is superior, we can say 60-40/55-45 if they are very good


Title: Re: My prediction for June has proven correct
Post by: gentlemand on June 19, 2015, 07:51:36 PM

Nope, there are some people that can predict it using some graphic and analysis so they will get some price or may be the exact price of bitcoin. Lets see what happened next month


Pah.

Lord knows what the next two years will bring. Current cornerstones of the ecosystem may vapourise, use cases no one's even conceived of at present  might be in full swing by then, aliens could have arrived in orbit demanding protection money in Rapecoin.

The best anyone can do is get into a position they're completely comfortable with, use their coins where they can and ride the waves.

If this market was 200 years old then the graph drawers might be worth more attention. Right now it's all being made up as we go along.


Title: Re: My prediction for June has proven correct
Post by: waterpile on June 19, 2015, 08:20:15 PM
I predicted 1 month before :

see : https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038 (https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038)

for June average price I predicted : June 1, 2015    $241.96

Next ??

Then you should've bought a big bag back of BTC back then that made you quite of profit if you did..


Title: Re: My prediction for June has proven correct
Post by: emelac on June 19, 2015, 08:35:26 PM
I predicted 1 month before :

see : https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038 (https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038)

for June average price I predicted : June 1, 2015    $241.96

Next ??

Then you should've bought a big bag back of BTC back then that made you quite of profit if you did..

What's the point in predicting an average price for a month? It's not much use for trading. he price might be 200 for the first half of the month and 250 for the second half but the average doesn't indicate when to buy and when to sell. The only useful predictions are of when it will rally and when it will crash, and by how much.


Title: Re: My prediction for June has proven correct
Post by: ajareselde on June 19, 2015, 10:44:30 PM
"Even a blind chicken can find the corn eventually"
Looks to me more like a wild guess turning out to be correct one, and when i see whole 2016 under 300$; well, that just confirms it, but i guess we will see.

cheers


Title: Re: My prediction for June has proven correct
Post by: jayce on June 20, 2015, 04:48:04 AM
I predicted 1 month before :

see : https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038 (https://bitcointalk.org/index.php?topic=1073797.msg11480038#msg11480038)

for June average price I predicted : June 1, 2015    $241.96

Next ??

Then you should've bought a big bag back of BTC back then that made you quite of profit if you did..

What's the point in predicting an average price for a month? It's not much use for trading. he price might be 200 for the first half of the month and 250 for the second half but the average doesn't indicate when to buy and when to sell. The only useful predictions are of when it will rally and when it will crash, and by how much.

You can do trade with the average price, which if the average price of a month is 250, so you must check the price for the first half. If the price is above 250, surely for second half the price is below 250. If the first half is below 250, so the second half is above 250. Yeah maybe we can't trade in highest price or lowest. But atleast it can tell us what half of the month we will do trade. For now, we will wait whether the prediction on next months is right or not.


Title: Re: My prediction for June has proven correct
Post by: BTCevo on June 20, 2015, 05:44:05 PM
Nice prediction, but it could be just a luck since it's first month after you post your prediction. I will wait if the your prediction for next months is right or not. I guess you are an expert in economy so you can made the prediction until 2017  :)
actually no one can make right prediction on BTC price. I just make a try ..

Nope, there are some people that can predict it using some graphic and analysis so they will get some price or may be the exact price of bitcoin. Lets see what happened next month

it's no like they can predict it, they just speculate about the most possible outcome based on the history of that asset, they practically try to find the best probability for their correct choice

no one can really predict the marlket, and even professional traders lose some times, the difference is that they lose less, and their gain is superior, we can say 60-40/55-45 if they are very good

So you mean that all of it just some speculation that they use to predict the price and draw some possible outcome? 60-40/55-45 is their percentage of amount they get and lose or their possible predict?