Bitcoin Forum

Can we model a price of bitcoin?

If so, how? What are factors???

Show us your idea!

If you are asking about the manipulation of the market value of Bitcoin then yes, we can manipulate it but in that case, one should have high amount of money to do so. We have recently experienced the price rally in the last quarter of the last year and it was the result of involvement of the big whales including institutional investors. Then they decided to cash out their investment and so we went through a correction after that rally.

Here is the model:
https://i.stack.imgur.com/UBUfx.jpg

By modelling you mean to say by manipulating the prices of bitcoin. The simple answer is yes you can do that and you can do that simply by putting loads of money into the bitcoin or even other altcoin that you want to manipulate. That is from where the concept of pump dump started and that is completely artificial way to manipulate things around the crypto. Bitcoin is no different thing and we can do that because it is public model and completely decentralised. There is no fixed limit on its market and hence it keeps rising that way.

This is a model -- not a prediction.
But in general I do believe Bitcoin could replace the vast majority of fiat and gold.
How much, and how fast are the big questions. I posted the sheet so others could clone it and play with the dials. 🙂
To be clear, I also believe Bitcoin is highly risky, which also indicates that it can be extremely rewarding.