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Author Topic: how to predict bitcoin price increase or decrease?  (Read 11021 times)
finzyoj
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March 19, 2018, 10:18:05 PM
 #1021

Even graph analysts could not perfectly predict bitcoin's price in the future. That is all because no one can control bitcoin's price since it is the demand of the people that defines bitcoin's market value.
The graph analysis will never be anything, this is because the pure bitcoin decentralization and marketcap is still very small, let alone the pros and cons of bitcoin usage, if there is one country banned bitcoin it will cause panic in the country so they will sell bitcoin.
True and we don't know if there is another country who will ban bitcoin and crypto transactions. No one knows what will happen in bitcoin that will cause its price to decrease or to increase, we can only stay tuned and be updated of news about bitcoin which will help us in deciding whether to still keep bitcoin and other investments on our wallets or is time to sell just to make sure that we won't be walking away with empty hand. The market value will be based on the demand and supply of bitcoin, what we can do is to hope that there will be more investors aside from us.

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March 20, 2018, 08:53:28 PM
 #1022

Cryptocurrency market unexpectedly may collapse or take off, but this can not be predicted unequivocally in the long term, because we do not know what news will come out tomorrow and will affect the prices of all cryptocurrencies. The only thing you can do is follow the news background in the media. Naturally, the news about the ban of cryptocurrency in one of the countries creates panic among holders of cryptocurrency, after which they begin to sell their bitcoins and we see a red box on coinmarketcap.com
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March 20, 2018, 09:37:54 PM
 #1023

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

You may simply be asking the wrong question.

I prefer to look at the motivation to buy vs mine.

In this sheet you can is a simple example of how you can test the price floor.

https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing

This example only factors in power and hardware repayment costs. I even include a line for no mining costs if that is even a thing.

Even for die hard mining groups at this price point the option to buy BTC vs continuing to pay mining overhead is simple. Shut off the hardware and buy the coin.

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March 20, 2018, 10:51:42 PM
 #1024

You need to learn about trading if you want to make a prediction about the bitcoin price. There are many lessons and courses on the internet which can help you to improve your skills. You can learn trading either by yourself or with someone else. Trading is not just a job, it is an art which can help you to understand what other people are thinking

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March 25, 2018, 04:18:23 AM
 #1025

according to American state I physically foresee the bitcoin price by concentrate the mixture digital cash showcase capitalization (going up or down) and what is more studying the news to screen the FUD and also the market execution too. i do know there ar such a major variety of things needed with digital cash showcase nowadays but I concentrate increasingly the mixture market, FUD infiltration level (assuming any), and also the market execution, these ar main concerns that I explore for faithfully.
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