|
Title: Simple Price prediction Formula am i right ? Post by: otaner142 on November 11, 2017, 08:28:57 PM So for example is i want to predict the future of lets say LTC i would do the following
- Pick a any date and Note the MKT Cap and Price - Then Assume a Future MKT cap and Multiply it by the Price of the coin in the Date - Then divide it by the MKT Cap of the Date - Just a rough estimate of what the coin price might look like with a different MKT Cap SO THE EXAMPLE GOES LIKE THIS (NOT ACTUAL LTC NUMBERS ) ------ 10,000,000 = 0.06 32,555,555 = X --------------------------------------------- 32,555,555 times 0.06 = 1,953,333 --------------------------------------------- 1,953,333 divided by 10,000,000 = 0.19 cents (new coin price with predicted MKT cap) This is just a rough estimate, i also have to take in consideration the total supply and circulating supply , those actually determine the price of the coin a bit better in my opinion. Low Supply With high circulating supply increase the value of a coin. Title: Re: Simple Price prediction Formula am i right ? Post by: Crasengover on November 11, 2017, 09:16:10 PM Most of the predictions and formulars don't work with cryptocurrency trading. It's more dependend on different news, forks, pumps etc than on a trading theory. Though sometimes the theory works, but another day it can be just the oppisite. Of course it's obvious that with a rise of a cap the price of a token will grow, but how would you know will the cap grow or not?
Title: Re: Simple Price prediction Formula am i right ? Post by: didzi on November 11, 2017, 09:17:58 PM just use an indicator in your charts and combine with the news from altcoin that you will predict the price,,
just keep it simple my friends Title: Re: Simple Price prediction Formula am i right ? Post by: BTCMILLIONAIRE on November 11, 2017, 09:21:13 PM The market is far more complex than that and you won't be able to predict anything with that formula. Especially not for coins with unclear value.
|