XinXan (OP)
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November 15, 2015, 12:56:50 PM |
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Everyone likes to speculate about bitcoin, they will tell you they analysed bitcoin and they know what the price will head to but in reality im pretty sure no one can actually predict bitcoin price. Unlike other currencies or other investments bitcoin doesn't seem to follow any order at all, random price pumps happen every few months and no one knows why, so has anyone been able to predict the price a few times in a row?
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talks_cheep
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November 15, 2015, 01:03:11 PM |
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There was a guy who seemed to move the price upward every time he bought some bitcoins.
The only people who correctly predicted were bears like fallllliiiiing and others.
I tend to swing from bearism to bullism, and vice versa, in accordance with market sentiment, and I'm generally in the right ballpark. Currently, as glow from the recent price run-up fades, we are entering a bear market. Fasten your seatbelt, we are going to go down.
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poncom
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November 15, 2015, 01:17:34 PM |
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There was a guy who seemed to move the price upward every time he bought some bitcoins.
The only people who correctly predicted were bears like fallllliiiiing and others.
I tend to swing from bearism to bullism, and vice versa, in accordance with market sentiment, and I'm generally in the right ballpark. Currently, as glow from the recent price run-up fades, we are entering a bear market. Fasten your seatbelt, we are going to go down.
I don't remember anyone, including fallllliiiiing, predicting the price a few times in a row. Fallllliiiiing merely said the price would continue to fall until it hit zero, with a few dead cat bounces. It hasn't fallen to zero yet, and it hasn't fallen below $150 yet. What fallllliiiiing never did was predict the lowest the price would fall to before a dead cat bounce, and the highest each dead cat bounce would rise to.
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gentlemand
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Welt Am Draht
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November 15, 2015, 01:28:22 PM |
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Not to my knowledge.
These self declared 'price gurus' are usually too in love with one point of view to account for the opposite taking place.
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OmegaStarScream
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November 15, 2015, 02:17:22 PM |
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It's just impossible , someone can predict approximately if here have some knowledge on finance and economics and there is major events , other then that .; I don't see how people will do it unless they have control on it (planning to invest or dump or something) .
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marvinrouge
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November 15, 2015, 02:22:04 PM |
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You only need one thing to predict Bitcoin 100% of the time Something like that ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.bobspropshop.com%2Fimg%2F409422_168976996539427_125714114199049_171285_2109531942_n.jpg&t=665&c=-_8PIC-_2FJUHA)
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XinXan (OP)
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November 15, 2015, 02:22:37 PM |
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That brings another question, if you want to trade bitcoins, can you actually make long term profit or do you actually need to be a little bit lucky to make it work because a bad prediction could lead to disaster seeing the volatility of bitcoin.
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anonymousx
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November 15, 2015, 02:23:45 PM |
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I always predict bitcoin 100% maybe 200%, 1BTC is always equal to 1BTC, burn all the fiat unless it's shiny hard jewels or gold!
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talks_cheep
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November 15, 2015, 02:25:01 PM |
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There was a guy who seemed to move the price upward every time he bought some bitcoins.
The only people who correctly predicted were bears like fallllliiiiing and others.
I tend to swing from bearism to bullism, and vice versa, in accordance with market sentiment, and I'm generally in the right ballpark. Currently, as glow from the recent price run-up fades, we are entering a bear market. Fasten your seatbelt, we are going to go down.
I wrote ^^^^^ at around 1:00PM (GMT??) and at around 1:30PM (GMT??), the price dropped from 333 to 319 current. What do you say now?
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Amph
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November 15, 2015, 02:38:33 PM |
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i guess manipulators can do it all the time with easy, you should ask them for this kind of thing
all the other are at their mercy, they will be powerless when bitcoin will increase very high in value
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Scream
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U will never know the true answer, before you try
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November 15, 2015, 02:46:11 PM |
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in oktober when bitcoin price 2000CNY/$313 my speculation we will Hit 4000CNY /$600 this is my thread https://bitcointalk.org/index.php?topic=1234815.0but the max price only 3345CNY ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) MY PREDICTION not 100% right
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hasiramasenju
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November 15, 2015, 03:04:10 PM |
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i think if any some one has predict bitcoin price with 100% accurate he will not publish the prediction to the public and he will keep by himself
and he will earn lot of profit with that ability because he know when the price will going down and also know when the price rise up
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sana9821
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November 15, 2015, 03:15:41 PM |
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i have never managed to do this even though i tried several times most probably thats impossible because no one does it
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Ultros
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November 15, 2015, 03:41:44 PM Last edit: November 15, 2015, 03:56:29 PM by Ultros |
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Someone that predict what a market does 100% of the time can be on the good side of every trade and own all the money used for trading in a matter of months. He must be trading 100% to himself by now.
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apriyani420
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November 15, 2015, 03:50:43 PM |
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i highly doubt that it is possible for someone to do this as the price fluctuates really hard in short time periods and people cant guess it
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XinXan (OP)
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November 15, 2015, 03:55:27 PM |
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Can anyone actually predict the price more than 50% of the times and make long term profit from shor term trades? Im not so sure, I guess there might be someone who was able to but it could have been luck. Im sure long term it's impossible to predict the price but people still claim they can.
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Meuh6879
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November 15, 2015, 04:01:07 PM |
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but in reality im pretty sure no one can actually predict bitcoin price. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimagizer.imageshack.us%2Fa%2Fimg905%2F4954%2FYhjA3k.gif&t=665&c=USIPj6iDYjyi0w)
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johnyj
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Beyond Imagination
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November 16, 2015, 08:48:22 AM |
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Long term wise it can only go up due to more and more fiat money printing worldwide, those who predict long term appreciation against fiat money have always been 100% correct. But on short term it is like gambling
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Tstar
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Decentralized Asset Management Platform
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November 16, 2015, 08:56:19 AM |
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Back in October I predicted a spike somwhere around November. I had the feeling that since BTC was growing constantly till then and price was steadily going up, it could have been possible to have a big price increase. In a way I was right even though, of course, I could not predict something like what happened.
But my thoughts led me to buy at the perfect time to gain some more. That's enough
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