Yankeestyle
Member
 Offline
Activity: 126
Merit: 10
|
 |
October 31, 2017, 08:31:53 AM |
|
I think no one can predict the price of bitcoin, no one knows that it would go this far since it was introduced in 2009. If someone knows it will go up to this level then no one will sell it. I think whales can do that, if and only if they own the majority of bitcoin. But news and articles from big names can ne a big factor that drives the prices up or down. Based on what your question is, I think you are a trader, because if you are an investor, you should not be worried about it. Learn to go with flow and earn from it rather than predciting it. Just trust bitcoin and you will go places.
On the off chance that somebody knows it will go up to this level then nobody will offer it. I figure whales can do that, if and just in the event that they claim the larger part of bitcoin. In any case, news and articles from enormous names would ne be able to a major factor that drives the costs up or down. In light of what your inquiry is, I think you are a merchant, in light of the fact that on the off chance that you are a speculator, try not to be stressed over it |
|
|
|
|
ned00
Newbie
Offline
Activity: 42
Merit: 0
|
|
October 31, 2017, 08:43:25 AM |
|
It depends on time interval in which you want to predict the price.
If you want to know how BTC changes its price for a short period of time (couple minutes, seconds or less) use high frequency trading strategies. It's difficult enough.
For a long period of time use macroeconomics prediction strategies. It's difficult enough as well.
Then you should distribute your BTC into several account and trade BTC accordingly to the strategies and their probabilities.
|
|
|
|
|
|
ymirymir
|
|
October 31, 2017, 08:59:14 AM |
|
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.
There's a lot of factors affecting bitcoin price, that's why it's volatile which makes it unpredictable. All I know is that when more people are holding bitcoin the higher the price is. It all depends on market demand. |
|
|
|
|
|
posi
|
|
October 31, 2017, 09:07:46 AM |
|
Bitcoin increase and decrease in price base on the rate of demand from the people who wish to buy or make an invest. Therefore, there is no way you'll want to get the genuine prediction of bitcoin without reading the latest news about bitcoin.
|
|
|
|
Javathon
Member
Offline
Activity: 169
Merit: 10
|
|
October 31, 2017, 09:40:26 AM |
|
It cannot be predicted. We can all be millionaires by now if we can predict its increase or decrease. Bitcoin is decentralized so no one can know the movement of its price and it is a good thing because it has no limits.
Having a great knowledge about the flow of bitcoin, getting the news and updates about the situation of bitcoin especially on those big countries that hold the great amount of bitcoin like China can give you a correct prediction when the price will jump high or low.
|
|
|
|
|
CuriousGeorge
Sr. Member
Offline
Activity: 1498
Merit: 251
KUWA.ai
|
|
October 31, 2017, 09:41:55 AM |
|
Bitcoin increase and decrease in price base on the rate of demand from the people who wish to buy or make an invest. Therefore, there is no way you'll want to get the genuine prediction of bitcoin without reading the latest news about bitcoin.
There's actually a way though, vast majority of traders always rely on rumours and news that could have the main role to the affection toward the price and they will always stay up to date to the news regarding crypto world. If you want an example, see what happened to bitcoin when there's rumour going around that China is going to banned the usage of bitcoin and its exchangers. It's just one of example from many cases. |
|
|
|
|
Activitycoin
|
|
November 01, 2017, 04:01:58 AM |
|
You can do is analyze the graph of the value of the bitcoin but nobody can predict and nobody can control the rates of the bitcoin. The future direction of the economy or the stock market.
Just only two things you need to know about bitcoin first check the users and secondly check the countries and compare it with last year so you will come to know automatically that there is a very big change this year countries are increased and people are also increased so its mean demand of bitcoin is very high and when demand become high so the price go high automatically. |
|
|
|
|
|
yubsep
|
|
November 01, 2017, 04:07:12 AM |
|
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.
Bitcoin will take a breakdown in the end of 2017. Look at the daily chart, Up trending from $2850 to $6500 in 2 weeks !! That's really good. But if you bought under $5500, Go and taking some profit. Take your decision by your self. |
|
|
|
|
|
BlackRacerX
|
|
November 01, 2017, 04:13:40 AM |
|
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.
Bitcoins ain't capitalism bro. No "invisible hand" is controlling the price except for the investors themselves. The only thing we can do to predict the increase and decrease of the price of bitcoins is just listening and reading about news on possible forks, massive sales, or mining of bitcoins. These key activities usually affect the price of bitcoins in a massive scale. |
|
|
|
|
KingOfWinterfell01
|
|
November 01, 2017, 04:44:44 AM |
|
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.
Reading is essential in predicting the increase and decrease of the price of bitcoins. You can start by reading news about bitcoins, from new forks, new ICOs, and possible changes on bitcoins that will affect its price. Read about mining as well. Many miners have been having a tough time making a lot of profit in mining because more problems have been arising and they're becoming more and more complex. These usually indicates the decrease or increase of supply of bitcoins, which in turn, dictates the increase and decrease of the price of bitcoins. |
|
|
|
|
Anita1873
|
|
November 01, 2017, 06:23:08 AM |
|
There is no formula to know the increase or decrease of any coin or market but some indicators give some predictions and it is not guaranteed that those predictions will correct because any bad or good news change all predictions and this market is very news sensitive. Always do your own research to know all these things.
|
|
|
|
cramblimp
Member
Offline
Activity: 74
Merit: 10
|
|
November 01, 2017, 06:25:39 AM |
|
If I were going to predict the price of bitcoin, Of course I would choose to increase the price of it. Everyone wants to increase the price of bitcoin to have them a lot of profit. It is much better with the increasing price of bitcoin, at the same time there is increasing value of altcoin. That's a nice prediction.
|
|
|
|
|
domgamer
Newbie
Offline
Activity: 40
Merit: 0
|
|
November 01, 2017, 06:37:46 AM |
|
No one controls the price of the bitcoin. Its a market reaction because peoples have different strategies, some wants to buy and some wants to sell. If the buys volume is higher compare to the sell volume the bitcoin price goes up and vice versa. That hows supply and demand works and affects prices.
|
|
|
|
|
|
mevmike
|
|
November 01, 2017, 07:48:43 AM |
|
there is no fool proof system wherein you can get an idea whether bitcoin's price will increase or decrease. it will fluctuate due to the very reason that no one's regulate it. it is mostly the general users or the investors decision that can affect the price. but to say that there is someone or some group who dictates it seems impossible. . my advice is spend more time on researching current events regarding cryptocurrency. by this way you could at least have a basis for your prediction and not solely on assumptions...  |
|
|
|
Lei Crypto bounty
Member
Offline
Activity: 112
Merit: 10
|
|
November 01, 2017, 09:42:05 AM |
|
you can predict price of bitcoin by looking at the chart of the graph of bitcoin example USD/BTC you may see the graph and you can study the graph and speculate the outcome by it's trend etc. you may want to visit some trading site to see the graph of bitcoin.
|
|
|
|
ned00
Newbie
Offline
Activity: 42
Merit: 0
|
|
November 01, 2017, 09:47:41 AM |
|
you can predict price of bitcoin by looking at the chart of the graph of bitcoin example USD/BTC you may see the graph and you can study the graph and speculate the outcome by it's trend etc. you may want to visit some trading site to see the graph of bitcoin.
Agree. You can find additional info on traiding books. |
|
|
|
|
|
paul00
|
|
November 01, 2017, 10:13:10 AM |
|
Based on observation the value and price of bitcoin cannot be predicted by anyone. Even of we want to maximize our investment thru prediction of its value, we can’t simply control it since i think the aggregate number of investors is only one of the factors affecting it.
|
|
|
|
|
MotulDiesel
Member
Offline
Activity: 112
Merit: 10
|
|
November 01, 2017, 10:16:05 AM |
|
Nobody can predict and control the price of bitcoin. Bitcoin is a thing change due to market and many factors around. Those reasons make bitcoin special. If you want to know more about how bitcoin run you need to do more research and spend more time in trading market. After all, bitcoin is a thing which can not be control even by it creator.
|
|
|
|
|
djmixen
Member
Offline
Activity: 518
Merit: 11
|
|
November 01, 2017, 10:50:11 AM |
|
no one can predict what happen to the price of bitcoin weather increase or decrease because we don't know what will happen in the market place, and it will increase the value of it when bitcoin become popular and many investor are invest on it.
|
|
|
|
|
|
Skieleton
|
|
November 01, 2017, 10:57:36 AM |
|
It is impossible to predict and that is why people are not millionaires and they sit on forums like this, discussing courses and more.
All you have is historical data and the only thing you can do is predict that if the course behaved in a certain way yesterday and today, then maybe it will behave the same tomorrow.
Check out some posts on topics about courses. People, in addition to telling themselves about what has already happened, lie there, staring at the currently formed "clouds" and exchanging opinions on what these formations remind them of.
Alternatively, you could select a 4h or 2h scale on the chart and buy BTC a moment after the course starts to grow and sell it after the course starts falling. You will be able to make a profit, but you will have to pay most of the taxes. But do not worry about this necessity. Probably after some time the stock market where you held the funds will go down and lose all or most of it.
|
|
|
|
|
|
