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Author Topic: how to predict bitcoin price increase or decrease?  (Read 11431 times)
spngebob
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January 11, 2018, 03:41:49 PM
 #781

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 say when it will rise and when it goes down. in my predictions so bitcoin costs decrease because many sell their btc and when bitcoin increases because many buy btc, we do not really know if it really is bitcoin will be down or it will increase so many banks worry about it because even if they do not know bitcoin
Actually there are some indicators - for example news. When FUD start you can expect price to go up, and then all of sudden for some time there are no news and after some time someone start saying how bitcoin is future and you can expect to price go up. Just read news and you did half job.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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January 11, 2018, 03:45:10 PM
 #782

You need to analyze the rate of increase and decrease in bitcoin prices in a few months. Bitcoin prices no one can control, it's just some news and issues can affect bitcoin prices.
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January 11, 2018, 03:53:53 PM
 #783

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 look at the market as many sellers but lower order prices tell us that the Bitcoin market is starting to dash, so we should consider and make an early decision.
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January 11, 2018, 03:56:55 PM
 #784

Korean ban it, now it will go down, there would be panic sell too. Speculation experts says it will crash till 8k.  Grin
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January 11, 2018, 04:09:17 PM
 #785

Do you know how does supply and demand work in bitcoin? The bitcoin price is not regulated by central governments, it is all demand and supply. More demand and less supply, results in rise in price and if the supply increases but demand decreases, the bitcoin's price will go down. This is the reason behind the increase and decrease in the price of bitcoins.
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January 11, 2018, 04:53:39 PM
 #786

Bitcoins' price is very unpredictable. It changes from time to time. Some of the reasons for its changing prices is the supply and demand of bitcoin. When it is indemand, its price goes up. When its supply increases, its price decreases or vise versa Add to its rising or falling price are the different news about bitcoin. Like for example, when a certain country banned the use of bitcoin within their jurisdiction, the effect is that bitcoiners will get panicked and will sell their bitcoins. Thus, increases bitcoins' supply which will eventually causes its price to drop. Also release of other cryptocurrency affects it because some sell their bitcoins and buy the other types of crypto.
Honestly telling you my friend you have cleared few doubts that were troubling my mind for days now. I have finally figured it out how the supply increases. What actually surprises me here is the way Bitcoin’s price changes. I am certain about one thing.

The demand of Bitcoin is not going down anyway and not many people are totally selling out their asset. Demand is rising with time but still the magnitude of downfall is a huge one. I hope you are getting me.

Supply and demand, and their balance is the essential of any market but I guess the question is more practical than theoretical. I personally use technical analysis that I learned while I was trading in stock exchange. it works well. You can  study how to interpret the charts.
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January 11, 2018, 05:07:32 PM
 #787

I think no one can predict price changes in bitcoin, it is very difficult to be guessed, I think price increases and price reductions depend on market demand for bitcoin, if demand exceeds the amount of bitcoin available in the market, the price will probably go up and reverse applies to price reductions, if you can predict price changes in bitcoin it may be very easy to become rich with that knowledge
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January 11, 2018, 07:15:02 PM
 #788

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.
It depends the run of price of bitcoin. But for me I believe in year 2018 price of bitcoin will be increase. So its better to buy bitcoin now, and wait for the future and you will get better profit or income came from bitcoin.
Yeah it is all about outside importance and demand of bitcoin. it is easy to know if we will keep an eye on market demand of bitcoin, now I know in bitcoin people use to make different prediction and they believe this that if they said then price will increase but price of bitcoin is directly proportional to demand and popularity of bitcoin among people if we will increase bitcoin use and demand then price of bitcoin will increase for sure.

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January 11, 2018, 07:16:57 PM
 #789

It is quite easy to know if Bitcoin price will increase or decrease.  We just need to focus on the news and updates.  If FUD is spreading, price would definitely decrease, and when news is all about development and project releases, then the price would definitely increase. 

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psibenik
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January 11, 2018, 07:20:40 PM
 #790

It can't really be predicted. People who do technical analysis will tell you otherwise. Probably at least half of traders think technical analysis is just a bunch of pseudoscientific BS, myself included
8Habits
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January 14, 2018, 03:37:49 AM
 #791

It is quite easy to know if Bitcoin price will increase or decrease.  We just need to focus on the news and updates.  If FUD is spreading, price would definitely decrease, and when news is all about development and project releases, then the price would definitely increase. 

This is true and if coupled with some technical analysis and sound trading pre-planned strategy, a trader could potentially earn a lot and this is true to trading with other cryptocurrencies. Your reaction to any news and releases should always be sell when the people are greedy and buy when they are afraid and doubtful.
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January 14, 2018, 03:51:59 AM
 #792

i'm just basing on the chart of bitcoin and news because theres a lot of fuds that came from other country but sometimes I failed and i think no one can predict when bitcoins goes up and down because no one can control on it and no ome knows when bitcoin would disappear
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January 14, 2018, 04:03:46 AM
 #793

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 is controlling the price of the bitcoin nor can predict it. I think it depends on the demand and investor of the bitcoin. I also notice that if the bitcoin decreases the altcoins price increases and vice versa. You just have to go with the flow when it came to prices.

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January 14, 2018, 12:17:37 PM
 #794

Demand make the main base to make bitcoin price increase or decrease.
Market cap and other factors also effect in bitcoin price

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January 14, 2018, 01:45:39 PM
 #795

Bitcoin is under a decentralized system which means it has no governance to declare a price on it also it possesses a high volatility so the law of  demand and supply greatly affects it. Whales gives a lot of contribution of the bitcoin's value, they help the coin to increase and they can also give it a decrease anytime whenever they want.
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January 14, 2018, 03:26:24 PM
 #796

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 is controlling the price of the bitcoin nor can predict it. I think it depends on the demand and investor of the bitcoin. I also notice that if the bitcoin decreases the altcoins price increases and vice versa. You just have to go with the flow when it came to prices.

True. Whomever tells that he or she can predict the market is most likely a lier who is trying to steal some people's money. nothing works %100 but you can at least use technical analysis on price graph and double check your ideas with the result of your technical analysis. at least I'm doing like that and it works fine.

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January 14, 2018, 03:29:41 PM
 #797

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.
That's way unpredictable. All I know is that its market value chamges a lot. There are movements on its market price which may not be observable without the use of market statistics of Bitcoin. The omly thing that I know is that on every backdrop or decline on its value, it will eventually increase again so we should not be afraid of the downfalls on its price in the market.

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January 14, 2018, 03:30:44 PM
 #798

How to predict bitcoin price increase or decrease?, Well as for me we never know when when the bitcoin is gonna increase or decrease we will only know if the bitcoins decrease through updates. So it's kind of unpredictable as for now the bitcoins price is so high so the only thing you can think of for now is that bitcoins price is higher and getting higher.
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January 14, 2018, 03:31:52 PM
 #799

there is no way to do it, that is what separates cryptocurrencies from the common currency, it is totally unpredictable, and the only way to do it is to take risks and have a bit of luck. Another method is to see if there are whales in the market, in that case it is a good time to sell.
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January 14, 2018, 03:35:48 PM
 #800

I don't think anyone can predict the rise or fall of bitcoin, and if he can make a big profit on bitcoin, he will soon become a billionaire.
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