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Author Topic: how to predict bitcoin price increase or decrease?  (Read 11431 times)
Ultegra134
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October 02, 2017, 08:27:33 PM
 #141

Theoretically you possibly could predict its movement but in practice you cannot make any accurate prediction. There are a lot of parameters than can affect the price which can hardly be investigated one by one. Sometimes, even influential people's posts or articles can even have an effect on its price. A lot of FUD can result into a negative change on the price too.

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AngelSky
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October 02, 2017, 08:52:16 PM
 #142

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.

I guess no one control the increasing and decreasing of bitcoin price, so no one can predict it. Maybe we just need to be updated on every news about things that may affect cryptocurrencies prices, because for me a certain action done by a person or a group can affect bitcoin price if their actions are related to the digital currencies world.
Indeed. No one can predict what will be the price of bitcoin and I think there is no specific thing that can know what will be the exact value of bitcoin. In addition to that, you can speculate it and then when you speculate you can estimate what will be the price of bitcoin.

Now the price of bitcoin is started to increase by its value. I think the price of bitcoin is some how predict able.Till the October end the price of bitcoin will keep on increasing. Like August 1.After November 1,we can expect the bitcoin price to reach the value of 5500$.Bitcoin will servive After the November 1 also.
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October 02, 2017, 08:59:56 PM
 #143

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 can actually study some tools on trading that measures its ema and stoch rsi. It can give you some ideas if it was over sold or over bought plus you can also see the walls,resistance and the support of not only bitcoin but also other coins and stocks.
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October 02, 2017, 09:06:08 PM
 #144

Theoretically you possibly could predict its movement but in practice you cannot make any accurate prediction. There are a lot of parameters than can affect the price which can hardly be investigated one by one. Sometimes, even influential people's posts or articles can even have an effect on its price. A lot of FUD can result into a negative change on the price too.
Agreed, theoretically everything is possible but in reality no. People post that yes, it's possible if you have enough skills. Wonder if they are so smart, will they make a small topic and write their opinions about price movement every day? oh, reality is different, when everyone was posting here that bitcoin could reach stable 5000$, it started fall and quickly become 3000$. China banned bitcoin, was anyone so smart to predict this? I believe no if he wasn't actually decision maker.

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October 02, 2017, 09:11:55 PM
 #145

You have to be up to date every time.. You have to start watching and analyzing crypto info resources, read all the news regarding this industry, look at some big fund, what they are doing/ going to do
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October 02, 2017, 10:19:41 PM
 #146

Bitcoin prices will rice overhaul no matter what you do. Even if they drop a little after a couple months they will rise again so predicting their price is easy: No matter how expensive they are right now the price will rise.
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October 02, 2017, 11:09:35 PM
 #147

No one's controlling bitcoin and no one can exactly tell either btc is gonna increase or decrease. Just always keep an eye to those news that has a great impact in btc just like when china banned ICO it really affects bitcoin.

But always remember that no one can accurately predict whats gonna happen next in the market so just be carefull in your decision's..

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October 02, 2017, 11:37:54 PM
 #148

You have to be up to date every time.. You have to start watching and analyzing crypto info resources, read all the news regarding this industry, look at some big fund, what they are doing/ going to do
Have up to date every time is certainly tiring, maybe most people do not like it, things we have to believe is bitcoin users continue to increase so that the price in the future will rise and we get profit.

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October 03, 2017, 12:38:54 AM
 #149

Actually bitcoin can be predict and can not be predict because the volatility potential of bitcoin is so strong. However, you can still predict bitcoin if you study the price chart movement while you reading latest bitcoin cause most dumps in price happen through the negativity created by people or government.

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October 03, 2017, 12:45:09 AM
 #150

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.
If you want to learn how to predict the price of bitcoin, if it will be increasing or decreasing, you need to maximize first your knowledge about bitcoin trading or bitcoin price. You need to monitor its price and observe the flow of bitcoin. If its continuosly arising or continuously falling down. All you need is a critical thinking mind in order to earn bitcoin.
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October 03, 2017, 01:06:45 AM
 #151

Like stocks, bitcoins are at the hands of big players in the industry.  The decrease and increase of value depend on how much the demand.  So, it is up to the investors how much they will spend on bitcoins.  Predicting bitcoin price is not really into our hands but to the investors who venture into this cryptocurrency.
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October 03, 2017, 02:03:22 AM
 #152

I do not think there's any definite thing to be able to predict bitcoin prices up or down, all of which do not guarantee accurate, but the thing that makes me sure about the future of bitcoin could be better is the ever-increasing number of users.

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DoublerHunter
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October 03, 2017, 02:05:52 AM
 #153

I do not think there's any definite thing to be able to predict bitcoin prices up or down, all of which do not guarantee accurate, but the thing that makes me sure about the future of bitcoin could be better is the ever-increasing number of users.
If you will read a lot of news about bitcoin and join different social media groups then you can determine the price of bitcoin if it will going to an increase or decrease. A great analytical in news is a huge advantage because you can have a chance to predict the future behavior of bitcoin and because of the groups that you will be joining then you can confirm by reading some people's opinion.
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October 03, 2017, 02:08:45 AM
 #154

There are two types of analysis, fundamental and technical analysis. Fundamental analysis is where you watch out for news and updates for Bitcoin, if there is some FUD Bitcoin may decrease. Technical analysis is where you predict and watch out for chart signals.
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October 03, 2017, 02:22:17 AM
 #155

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.

No one can predict the ups and downs if bitcoin value because if there is we are all to become rich because we will just rely on that person advice on when to invest or not. All of our considering value of increases and decreases are all speculations and presumptions that will always depend of the current events. If you want to speculate bitcoin value with a higher percentage of prediction then you should always monitor the events and news too by this you could create a presumptions with a higher chance of possibilities.

 
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October 03, 2017, 02:33:12 AM
 #156

I could not find any way to predict exact timing of increasing or decreasing.
It is just a notion, you will able to take a notion by working with bitcoin for a long time, but there are only 40% chance that your prediction might be go near the market value and another 60% chance that your prediction will go to the wrong way.

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October 03, 2017, 02:39:26 AM
 #157

no one can predict the exact time of increasing or decreasing the price of bitcoin, i update the price of bitcoin time to time.
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October 03, 2017, 02:42:17 AM
 #158

very difficult to predict bitcoin because bicoin is not an individual or a group, but bitcoin in use by the whole world
the way I predict bitcoin just by looking at the graphics that occur in bitcoin
hope this helps you.
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October 03, 2017, 02:47:56 AM
 #159

Its all about the news, when there is a good news coming to bitcoin it definitely will rise but if there's a fud negative news saying about bitcoin people will panic and start selling their bitcoins and majority holder sells then boom price drop. But still no one can really predict the market.
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October 03, 2017, 08:22:26 AM
Last edit: October 03, 2017, 08:32:36 AM by uztre29
 #160

It is so difficult to predict the value of bitcoin. Bitcoin’s value fluctuates because of the people. When there are so many investors, the price will increase. But if people sell their bitcoins, the price of bitcoin decreases. This happens in a loop. We, who hold bitcoins and those who want to invest, are the ones who have the control. No one can stop this flow so just go with the flow.
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