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Author Topic: Has anyone ever predicted bitcoin price 100% of the times?  (Read 2092 times)
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November 16, 2015, 09:29:47 AM
 #21

I haven't really had a few good predictions in a row in ragards to the price going up. But when it comes to selling, I have been 75% of the times spot on. I manage to sell at highs to buy back at a much lower rate. That's what made me good profits throughout the years. With the most recent rally I have sold a certain perentage that I bought at an average price of ~$220 for $365 which is a great profit. Not long after that it went up to $500 but it came back down to below $300 very short after that.
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November 16, 2015, 10:22:35 AM
 #22

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?
You are basically asking: "are you a person who is never wrong"?
Bitcoin price can be predicted only to a certain degree and even then you need some base to build your assumptions on: for example bitcoin news, which can influence the price.


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November 16, 2015, 10:28:47 AM
 #23

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?

Honestly, i don't believe this market is run by the market but by big whales. They tend to play with while making millions of profit. When some more 'people' step in the market and spread will be bigger and analytst would be able to predict an outcome.

Right now however the only way to make some decent profit is ride the waves of the market.
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November 16, 2015, 10:42:57 AM
 #24

market movers maybe. other than that it's purely based on luck. there is a 50% chance of you being right or wrong. it's that simple.
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November 16, 2015, 12:24:04 PM
 #25

I haven't seen anyone around here who predicted bitcoin price with 100% accuracy all the time. Whales are still able to manipulate the whole market if they want. 
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November 16, 2015, 12:28:38 PM
 #26

I haven't seen anyone around here who predicted bitcoin price with 100% accuracy all the time. Whales are still able to manipulate the whole market if they want. 

Well yes, maybe only whales can predict the price 100% of the time since they are the only ones that can move it when they want and if they want. But people like this and with this much wealth are not wasting time on forums and bragging how they will move the price up or down!
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November 16, 2015, 10:11:25 PM
 #27

I haven't seen anyone around here who predicted bitcoin price with 100% accuracy all the time. Whales are still able to manipulate the whole market if they want. 

Well I know people with a lot of money can manipulate the price, Im not so sure if they actually profit from it because I do not fully understand the strategy but manipulating is not predicting.
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November 16, 2015, 11:37:58 PM
 #28

Surely the whales did predict that, but they won't share their information...
Just kidding, honestly I think (like stocks) nobody can predict it all the time right, some have luck, some have some skill.

In most cases trusting your gut is a good way to speculate.
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November 17, 2015, 02:50:10 PM
 #29

People (excluding whales) could have said so many things, and whales just tried to make a fool of such people by manipulating the markets and trapping these people and making money out of their pockets...

So, I can say that there have been many who could have predicted the right numbers, but they have been made right just by manipulation...

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November 17, 2015, 03:50:30 PM
 #30

Surely the whales did predict that, but they won't share their information...
Just kidding, honestly I think (like stocks) nobody can predict it all the time right, some have luck, some have some skill.

In most cases trusting your gut is a good way to speculate.

Yes but skill in bitcoins is not like in other investments. News about bitcoin dont happen everyday and even less if you only take in count news that could potentially change the price so how can you try to predict it without too many statistics either since bitcoin is a fairly new currency
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November 17, 2015, 07:09:38 PM
 #31

Back in 2011, I urged people to hold, calling them greedy and stupid for selling at single digit prices.

As the price peaked in 2013, I urged people to switch their BTC to physical goods that would maintain exposure to BTC and cushion a fall, saying it was "worth selling your soul for."

In 2014, when the price hit a dead cat bounce up to $600 from $400, I warned about the dangers of only valuing investments in BTC during a period of inflated BTC value (or a bubble).

Early this year when the market was dipping under $200, I gave encouragement to those who feared they were mining at a loss.

Just before the latest price jump from $220 to $490, I predicted we will see a coming $800/BTC within 2 years.

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November 17, 2015, 07:21:36 PM
 #32

Back in 2011, I urged people to hold, calling them greedy and stupid for selling at single digit prices.

As the price peaked in 2013, I urged people to switch their BTC to physical goods that would maintain exposure to BTC and cushion a fall, saying it was "worth selling your soul for."

In 2014, when the price hit a dead cat bounce up to $600 from $400, I warned about the dangers of only valuing investments in BTC during a period of inflated BTC value (or a bubble).

Early this year when the market was dipping under $200, I gave encouragement to those who feared they were mining at a loss.

Just before the latest price jump from $220 to $490, I predicted we will see a coming $800/BTC within 2 years.

With all my respect, what would you say for now ?
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November 17, 2015, 07:47:53 PM
 #33

Just before the latest price jump from $220 to $490, I predicted we will see a coming $800/BTC within 2 years.

With all my respect, what would you say for now ?

That interview was only a couple weeks ago.  Read it, then ask me my opinion again when we reach $800.  Wink

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November 17, 2015, 08:14:26 PM
 #34

Just before the latest price jump from $220 to $490, I predicted we will see a coming $800/BTC within 2 years.

With all my respect, what would you say for now ?

That interview was only a couple weeks ago.  Read it, then ask me my opinion again when we reach $800.  Wink

Just when i saw that you have commented here after me, i thought to myself (He must be a little bit insulted that i did not even read that last interview, actually i did, but after i posted here, so i thought, that you will write something like read the interview first). As other your suggestions was so close, i can't see no reason not to ask you again this question when we reach 800$. Thanks for the great presence here in bitcointalk.
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November 17, 2015, 08:18:46 PM
 #35

Surely the whales did predict that, but they won't share their information...
Just kidding, honestly I think (like stocks) nobody can predict it all the time right, some have luck, some have some skill.

In most cases trusting your gut is a good way to speculate.

Yes but skill in bitcoins is not like in other investments. News about bitcoin dont happen everyday and even less if you only take in count news that could potentially change the price so how can you try to predict it without too many statistics either since bitcoin is a fairly new currency

Eventually it is a guessing game, because nobody controllers the masses and so the market. With the right tools you can give it a try but you can't guarantee succes. Else people would be very very rich making money owning the market.

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November 17, 2015, 08:40:04 PM
 #36

ipse se nihil scire id unum sciat  Wink
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November 17, 2015, 10:14:36 PM
 #37

Predict bitcoin prices with 100% of wins its near impossible. There a a lot of thinks that can change the price. The gold price is more stable and i think that no one can predict the it 100%.
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November 17, 2015, 11:11:28 PM
 #38

Back in 2011, I urged people to hold, calling them greedy and stupid for selling at single digit prices.

As the price peaked in 2013, I urged people to switch their BTC to physical goods that would maintain exposure to BTC and cushion a fall, saying it was "worth selling your soul for."

In 2014, when the price hit a dead cat bounce up to $600 from $400, I warned about the dangers of only valuing investments in BTC during a period of inflated BTC value (or a bubble).

Early this year when the market was dipping under $200, I gave encouragement to those who feared they were mining at a loss.

Just before the latest price jump from $220 to $490, I predicted we will see a coming $800/BTC within 2 years.

Well those predictions are pretty ''wide'' predictions. Saying bitcoin will be 800$ in 2 years is not a very good prediction is it. And the others arent even predictions at all.
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November 17, 2015, 11:47:35 PM
 #39

-snip-

Nasty, you are one of the legends. I'm excited to see 800$ again, it's been a long time. Right now I'm accumulating as much coins as I can. I have to be ready when the time comes.

R


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November 17, 2015, 11:56:38 PM
 #40

There are some traders who predict the price of Bitcoin but only in the long term and often it works. The price depends on external factors .. for example, such as the terrorist attack in Paris. Exactly predict the price is practically impossible.
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