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Economy => Trading Discussion => Topic started by: coinediction on March 15, 2019, 02:44:41 AM



Title: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: coinediction on March 15, 2019, 02:44:41 AM


A new platform, Coinediction, now introduces a novel way to earn by predicting the prices of cryptocurrencies.

There is no secret in the way crypto traders and investors keep their eyes glued to the price fluctuations of their favorite crypto currency. Crypto-currencies have opened up a wide range of avenues for both investors and traders to reap high returns. Coinediction is a novel marketplace for crypto analysts and investors to make money by simple predicting the next price levels of cryptocurrencies.

Using Coinediction, investors will get a chance to intelligently invest in their crypto coins by following the predictions of top analysts available on the platform. Investors will be able to search among thousands of such predictions that they can choose to follow. Online tools will let them filter and sort predictions by returns, coin name and price per prediction. They can also pay a subscription to follow their chosen analysts.

Crypto analysts will find their skills in great demand on Coinediction. They can monetize their predictions by selling them to the platform. Coinediction will allow predictions on any type of cryptocurrency for any point in the future. The platform uses Binance prices to track prediction performance. Crypto analysts will be followed by investors, and will get to cash out and get paid more for each prediction yielding positive returns.

“Coinediction is a novel tool for crypto analysts and investors to earn extra money by predicting cryptocurrency prices in the future. Once traders register and start creating predictions, we will calculate their stats. Upon launch of the platform, traders will have readymade stats and can continue to earn more,” said a spokesperson for Coinediction.



MORE INFORMATION - https://coinediction.com/pages/how-it-works/ (https://coinediction.com/pages/how-it-works/)




Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: Kevin77 on March 15, 2019, 03:27:54 PM
Is it a brand new services ? Because, I am unable to see anything under "See all cryptocurrency predictions" and "See all Traders" is also showing nothing. Do I need to sign-up to see them ? I guess most people want to see something "useful" before deciding about signing up.

You must include your url in open-post also. I checked twice before finding the same from your subject line.

Your "How It Works " seems like an enough guide-line to get start with your services but some brief FAQ contents or video tutorial may do better job for all kind of audiences. Bookmarked your site and may follow time to time to get some good predictions ;).


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: coinediction on March 15, 2019, 07:42:30 PM
Thanks for your feedback!
Yes, it is a brand new service - a marketplace where Traders meet Investors and vice versa. I've just started marketing campaign and getting sign-ups from Traders but still no one did prediction so that's why you don't see any. So for now, I'm looking for Traders and if you know anyone please let them know about our service, it is free for them.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: ricardobs on March 18, 2019, 05:35:09 PM
Wow, it's a very good idea where one can make money predicting the price of what a crypto will be in the nearest future, though it's a very dangerous gambling method because crypto is very volatile and even experts might not be able to predict with the price would be even in the next hour.

I am going to watch the platform first to see how it goes, then I can give a try to see if I am good at making predictions and thereby making money.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: anu1908 on March 19, 2019, 01:38:39 AM
so if i get this correctly, in your platform there will be 2 kind of users, investors (those who follows signal) and trader expert (those who make prediction). the higher the prediction rate by expert, their followers and the rewards will also increase. this create an ecosystem where the expert can influence lots of users and possibly cause a self-fulfilling prophecy isn't it? i mean if someone influential said bitcoin can go down to $1k, then it's possible their followers will sell asap.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: coinediction on March 21, 2019, 03:23:59 PM
Wow, it's a very good idea where one can make money predicting the price of what a crypto will be in the nearest future, though it's a very dangerous gambling method because crypto is very volatile and even experts might not be able to predict with the price would be even in the next hour.

I am going to watch the platform first to see how it goes, then I can give a try to see if I am good at making predictions and thereby making money.

Thanks for your Feedback!

First, I acknowledge your concern; cryptocurrency is very volatile and pinning the tale on the donkey is less of an exact science than some would like. However, what we are striving to do here at Coinediction.com is create a place where people can develop the ability to predict what is happening. Traders hone their skills and Investors help promote those who increasingly have a feel for the market. Our information is entirely data-driven, checking predictions against real results, everyone can separate the wheat from the chaff, separate the skilled from the aimless.

When you prove your abilities, rack up great statistics, and make net profits, people will come to follow you and see if, perhaps, you have unlocked the secret to understanding cryptocurrency. Accordingly, we welcome everyone to try their hand.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: coinediction on March 21, 2019, 04:20:58 PM
so if i get this correctly, in your platform there will be 2 kind of users, investors (those who follows signal) and trader expert (those who make prediction). the higher the prediction rate by expert, their followers and the rewards will also increase. this create an ecosystem where the expert can influence lots of users and possibly cause a self-fulfilling prophecy isn't it? i mean if someone influential said bitcoin can go down to $1k, then it's possible their followers will sell asap.

Thanks for your concern!
 
In absolute theory, the concern that a Trader could become so pre-eminent as to trigger a self-fulfilling prophecy is possible. This has happened in the real stock market with regards to currency speculators and in real estate speculators with property. However, just because something is possible does not make it at all probable. In order to have that kind of pull as a single investor, you would have to be unimaginably large and noticeable in the market. At current, nobody is anywhere near this in the cryptocurrency market. For example, if someone were to buy or sell millions of USD worth of bitcoin, it would barely shift the price by 1%.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: alisafidel58 on March 21, 2019, 06:04:10 PM
After reading the title I knew that this was gonna be a red flag. There's no such thing as earning while just predicting. It was a clickbait all along, after reading what you post I saw " investor". At least make your title clear, new services need a clear subject title and not just going through clickbait.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: milewilda on March 21, 2019, 06:19:21 PM
Actually i forced myself to register on the site out of curiosity just to see on the things i might see inside but when i do press out that see all predictions it only shows
some people and after that i dont know on what to do next yet there are no other buttons/links you can press on rather than in able to check out predictors profile.
This do needs some more elaboration.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: coinediction on March 21, 2019, 10:22:57 PM
Actually i forced myself to register on the site out of curiosity just to see on the things i might see inside but when i do press out that see all predictions it only shows
some people and after that i dont know on what to do next yet there are no other buttons/links you can press on rather than in able to check out predictors profile.
This do needs some more elaboration.

DISCLAIMER: The Site is fully functional and we are starting to get new Traders and their predictions as we speak. As always, we are inviting more Traders to join and request that if you are or know any interested persons to send them our way! Joining with Coinediction.com is easy and straightforward. Check out our How It Works guide and start up today! When your ratings are high enough, Investors will be able to follow you.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: Bitinity on March 22, 2019, 01:06:05 AM
After reading the title I knew that this was gonna be a red flag. There's no such thing as earning while just predicting. It was a clickbait all along, after reading what you post I saw " investor". At least make your title clear, new services need a clear subject title and not just going through clickbait.

I do not think it is a red flag service just because they are offering predictors to earn money by predicting price. For me, it works like a sports betting tipster. Users are able to post their predictions (like a tipster), build up their stats for the prediction and if a tipster has decent stats then there might be some people (investor) who want to pay for the prediction because of the decent stats.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: layoutph on March 31, 2019, 04:05:33 PM
Hi ANN designer here.  Would you like me to redesign this thread?  I also do graphic collaterals for social media and websites. By the way I created an account in your website I find the website idea to be interesting as I also trade in crypto.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: Bitcoin_Arena on March 31, 2019, 04:36:58 PM
So if i may ask, how is this different from crypto day trading?
What advantage does it have over trading because it like it's pretty much the same thing.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: ajqjjj on March 31, 2019, 05:03:47 PM
So if i may ask, how is this different from crypto day trading?
What advantage does it have over trading because it like it's pretty much the same thing.
Day trading is totally different from in this technique because day traders are quickly react at anytime but this is depends on others effort so we will differentiate the both trading. I little confused If they promote the website but they still not buy copper member so peoples are believe this word. Actually all the peoples are consider the experts statement and some copper member words so better If they buy copper membership surely sounds will reach.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: Bitinity on March 31, 2019, 05:52:00 PM
So if i may ask, how is this different from crypto day trading?
What advantage does it have over trading because it like it's pretty much the same thing.
Day trading is totally different from in this technique because day traders are quickly react at anytime but this is depends on others effort so we will differentiate the both trading. I little confused If they promote the website but they still not buy copper member so peoples are believe this word. Actually all the peoples are consider the experts statement and some copper member words so better If they buy copper membership surely sounds will reach.

Buying cooper membership does not related to trust. Newbie with cooper membership does not mean they are trusted and vice versa. It will only give them more features that are not available for newbie account.
I believe they do not make big profit from this site as they are not selling anything if I understand it correctly.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: chichigirl on April 02, 2019, 06:42:30 AM
I do read charts and play swingtrade in binance. May i know how will I earn money from my correct price prediction?


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: LimLims on April 02, 2019, 06:53:18 AM
A new platform, Coinediction, now introduces a novel way to earn by predicting the prices of cryptocurrencies.

There is no secret in the way crypto traders and investors keep their eyes glued to the price fluctuations of their favorite crypto currency. Crypto-currencies have opened up a wide range of avenues for both investors and traders to reap high returns. Coinediction is a novel marketplace for crypto analysts and investors to make money by simple predicting the next price levels of cryptocurrencies.

Using Coinediction, investors will get a chance to intelligently invest in their crypto coins by following the predictions of top analysts available on the platform. Investors will be able to search among thousands of such predictions that they can choose to follow. Online tools will let them filter and sort predictions by returns, coin name and price per prediction. They can also pay a subscription to follow their chosen analysts.

Crypto analysts will find their skills in great demand on Coinediction. They can monetize their predictions by selling them to the platform. Coinediction will allow predictions on any type of cryptocurrency for any point in the future. The platform uses Binance prices to track prediction performance. Crypto analysts will be followed by investors, and will get to cash out and get paid more for each prediction yielding positive returns.

“Coinediction is a novel tool for crypto analysts and investors to earn extra money by predicting cryptocurrency prices in the future. Once traders register and start creating predictions, we will calculate their stats. Upon launch of the platform, traders will have readymade stats and can continue to earn more,” said a spokesperson for Coinediction.


Okay OP is this your site?
Then can you be more transparent and can provide the proof that, you can pay the winners, the winnings , i mean the funds?
And is this without any investment ? I mean shall we need to deposit any amount before start winning and withdrawing something from the site?
I also want to know that how is the site beneficial to you? I mean how the fish you gonna make money from the site?
Moreover you also need to create a proper ANN thread, in order to get proper traffic to the site.
Hope you will look into my concerns.


Title: Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com
Post by: coinediction on April 02, 2019, 02:13:31 PM
Okay OP is this your site?

Yes.

Then can you be more transparent and can provide the proof that, you can pay the winners, the winnings , i mean the funds?

Please read "How it works" section
https://coinediction.com/pages/how-it-works/

And is this without any investment ? I mean shall we need to deposit any amount before start winning and withdrawing something from the site?
I also want to know that how is the site beneficial to you? I mean how the fish you gonna make money from the site?

Read twice
https://coinediction.com/pages/how-it-works/

If you have further questions do not hesitate to ask  ;)


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: atetess on April 04, 2019, 07:04:56 AM
This is cool, I used to pay trading signal groups in Telegram to get trading signals. But I can get this investment ideas in this site for free by just following the traders with good price predictions?


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: coinediction on April 04, 2019, 04:49:29 PM
This is cool, I used to pay trading signal groups in Telegram to get trading signals. But I can get this investment ideas in this site for free by just following the traders with good price predictions?

Here is how it works: investors may visit the “past predictions” section of the website and see which analysts have the most accurate predictions. Unlike other projects that publish price predictions, all predictions on Coinediction are automatically verified using Binance API. As a result, there is no room for duplicity and investors can manually check and ascertain the entry and exit points of all predictions. This should help the investors find out which analysts have the best statistics and which analysts suit their trading patterns. When a good fit is found, the investor pays a token to follow the analyst.

By following an analyst, the investor gets to see the analyst’s predictions in real time in the “current predictions” section of the website. Upon seeing them, the investor may decide to trade—or not—based on the predictions.

Now, the more accurate an analyst’s predictions are, the higher their “average monthly gain.” Since the “average monthly gain” is the amount that an investor has to pay to follow the analyst, the best analysts are the priciest. For example, if an analyst has a monthly gain percentage of 150%, it will cost an investor $150 to follow said analyst and see their predictions.


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: sutil on April 05, 2019, 05:41:34 PM
Hi admin, your site's idea is very good, but you need to push it to bring awareness to more traders. I am sure they will love this.


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: 300pips on April 08, 2019, 05:51:05 AM
Sounds like an EToro copy forex trader.  But this one is for crypto right? I visited the site and i like the idea of having a profile page for each participants. Create a function where they can add their pics so they can use the page to brag their trading skills thus it will give you site traffic.


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: coinediction on April 11, 2019, 05:24:59 PM
Sounds like an EToro copy forex trader.  But this one is for crypto right? I visited the site and i like the idea of having a profile page for each participants. Create a function where they can add their pics so they can use the page to brag their trading skills thus it will give you site traffic.

Thanks for sharing your idea!


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: papashark on April 13, 2019, 06:16:56 AM
Aside from making good price prediction to earn money, how about to add a functionality of having a trading competition where all users have a chance of getting money.


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: yousefh on April 13, 2019, 06:51:23 AM
u should add a price entry field.
for example btc now @5110, and i want to say sell it from 5210$.
not having entry price will just make the stop limit higher.


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: coinediction on April 13, 2019, 11:28:35 PM
u should add a price entry field.
for example btc now @5110, and i want to say sell it from 5210$.
not having entry price will just make the stop limit higher.

Wait until the price will be $5210 and then make a prediction.
What advantages will you have using that 'price entry field' ?


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: yousefh on April 14, 2019, 05:44:42 AM
u should add a price entry field.
for example btc now @5110, and i want to say sell it from 5210$.
not having entry price will just make the stop limit higher.

Wait until the price will be $5210 and then make a prediction.
What advantages will you have using that 'price entry field' ?

u know we're humans, we need to sleep. xD
now btc price 5000, and i'm going to sell for example from 5210
in exchanges i'll put a sell limit from 5210
i'm not gonna stay 24/7  until the price reaches 5210


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: coinediction on April 14, 2019, 07:03:44 AM
u should add a price entry field.
for example btc now @5110, and i want to say sell it from 5210$.
not having entry price will just make the stop limit higher.

Wait until the price will be $5210 and then make a prediction.
What advantages will you have using that 'price entry field' ?

u know we're humans, we need to sleep. xD
now btc price 5000, and i'm going to sell for example from 5210
in exchanges i'll put a sell limit from 5210
i'm not gonna stay 24/7  until the price reaches 5210

Good point though it raises too many system-design-related questions. Let's talk about it through private messages on coinediction.com


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: rockyboy on April 18, 2019, 02:33:54 PM
I joined from the website and the site idea is good. I want to suggest to insert a price chart in the prediction page itself or embed one from the tradingview website.


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: coinediction on April 21, 2019, 01:44:42 AM
I joined from the website and the site idea is good. I want to suggest to insert a price chart in the prediction page itself or embed one from the tradingview website.

Thank you! I value your advice!


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: miyong on April 25, 2019, 04:37:38 AM
Hey, your site needs more improvement in terms of navigation. For example the very important "how it works" link is hidden just below the bottom of the site. I guess it must appear more than once. But in terms of the site concept, its unique and good. Looks helpful for people who love to trade.


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: MommyElsa on May 02, 2019, 07:25:43 AM
Let me point out that more heads are smarter than one and while predicting crypto prices one should always keep track of what the majority of people think. That is why I mostly suggest you create a high quality chat room and probably some other tools that can keep users uptodate with important information from all around the crypto world such as price changes, live market changes, news about your favorite currency, and so on!


Title: Re: [ANN] [Start-up] Coinediction.com - a cryptocurrency predictions marketplace
Post by: mr_enoc on May 05, 2019, 05:52:43 AM
Investment with cryptocurrencies now a days gets more difficult and i hope that this site will help me take the right path in trading but you need more traders.