Bitcoin Forum

How I can get a semi accurate predictions for bitcoin price, as I'm looking for semi accurate prediction for the coming 48 hours.

You'll need a Tardis.

http://en.wikipedia.org/wiki/TARDIS

If anyone know for sure, they won't be lurking these forum.

What is semi-accurate?

Impossible for us mortal humans. The best you can do is hedge.

If anyone can work that out, could they also take alook at the stock exchange for me, and tell us.

Thank you for the replies.

But what is hedging ?

http://en.wikipedia.org/wiki/Hedge_%28finance%29

Will be better than me trying to explain it.

Normally done by producers to reduce their risk.

For bitcoin miners, they can hedge the price but not the network difficulty.

For prediction, I ask Siri.

How well does that go?? No Siri isnt very useful for me.

A prediction is not possible. However one can guess. I guess $637.

I look at my crystal ball of Future Telling every day. Thing is that damn thing takes BTC as fuel. So basicly i have to throw in 1 BTC just to earn 1 BTC in that same time....
I'm working on kind of magic to improve it so i can at least earn enough to pay for time i spend using it....freakin perpetuum mobile...

Might I suggest simply buying most of the supply and manipulating the price so that it is where you needed it to be? 

The best you can do is guess. Bitcoin is incredibly volatile.

If you can always predict the price, I'd be a millionaire from trading.

I predict it will do what the system allows. There are two many variable to predict the price. Large stock companies spend alot of money trying to model the markets, but they cant count for every variable, so they switch spending their money on things like fast internet so they can get the information before others and move then.   

absolutely no way of knowing for sure it seems

Semi accurate prediction: no problem. Accurate preditcion: impossible.

How to get a semi accurate prediction? - Just pick a random number.

Somewhere between zero and infinity.

Best bet is to just buy and hold, but if you must trade, look at support and resistance lines and buy/sell volumes (though there are often a lot of fake walls, you can still get an idea of where price is heading).

It is impossible to predict what the price will be at any given time.   All you can do is watch the trends and graphs and make your best educated guess.  Over the next 48 hours, my prediction would be a range of $590-$615.

You can create an account on trading sites such as bittrex, and there you can see the prices for bitcoin to other crypto,
 the price is not stable,so can not be ascertained. You can also make their own predictions if you're used: D