Bitcoin Forum
May 25, 2018, 01:41:43 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Simple Price prediction Formula am i right ?  (Read 84 times)
otaner142
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
November 11, 2017, 08:28:57 PM
 #1

So for example is i want to predict the future of lets say LTC i would do the following

- Pick a any date and Note the MKT Cap and Price
- Then Assume a Future MKT cap and Multiply it by the Price of the coin in the Date
- Then divide it by the MKT Cap of the Date
- Just a rough estimate of what the coin price might look like with a different MKT Cap

SO THE EXAMPLE GOES LIKE THIS (NOT ACTUAL LTC NUMBERS ) ------  10,000,000 = 0.06
                                                             32,555,555 = X    

---------------------------------------------   32,555,555 times 0.06 = 1,953,333

--------------------------------------------- 1,953,333 divided by 10,000,000 = 0.19 cents (new coin price with predicted MKT cap)

This is just a rough estimate, i also have to take in consideration the total supply and circulating supply , those actually determine the price of the coin a bit better in my opinion. Low Supply With high circulating supply increase the value of a coin.

1527255703
Hero Member
*
Offline Offline

Posts: 1527255703

View Profile Personal Message (Offline)

Ignore
1527255703
Reply with quote  #2

1527255703
Report to moderator
1527255703
Hero Member
*
Offline Offline

Posts: 1527255703

View Profile Personal Message (Offline)

Ignore
1527255703
Reply with quote  #2

1527255703
Report to moderator
There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1527255703
Hero Member
*
Offline Offline

Posts: 1527255703

View Profile Personal Message (Offline)

Ignore
1527255703
Reply with quote  #2

1527255703
Report to moderator
1527255703
Hero Member
*
Offline Offline

Posts: 1527255703

View Profile Personal Message (Offline)

Ignore
1527255703
Reply with quote  #2

1527255703
Report to moderator
Crasengover
Full Member
***
Online Online

Activity: 294
Merit: 103



View Profile
November 11, 2017, 09:16:10 PM
 #2

Most of the predictions and formulars don't work with cryptocurrency trading. It's more dependend on different news, forks, pumps etc than on a trading theory. Though sometimes the theory works, but another day it can be just the oppisite. Of course it's obvious that with a rise of a cap the price of a token will grow, but how would you know will the cap grow or not?

didzi
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
November 11, 2017, 09:17:58 PM
 #3

just use an indicator in your charts and combine with the news from altcoin that you will predict the price,,
just keep it simple my friends

         ▄▄▄
     ▄▄███████▄▄
 ▄▄███████████████▄▄
███████████████████▀
███████████████▀▀
███████████▀▀       
█████████      ▄▄████
█████████    ████████
█████████    ██▀▀████
█████████        ████
█████████      ▄▄████
█████████  ▄▄████████
████████████████████▀
 ▀▀██████████████▀▀
     ▀▀██████▀▀
GREENISH
COIN








Facebook
Telegram
Medium
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 882
Merit: 614



View Profile
November 11, 2017, 09:21:13 PM
 #4

The market is far more complex than that and you won't be able to predict anything with that formula. Especially not for coins with unclear value.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!