Bitcoin Forum
December 13, 2018, 11:55:19 PM
 News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 Home Help Search Login Register More
 Pages: [1]
 Author Topic: Simple Price prediction Formula am i right ?  (Read 89 times)
otaner142
Newbie

Offline

Activity: 12
Merit: 0

 November 11, 2017, 08:28:57 PM

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.

1544745319
Hero Member

Offline

Posts: 1544745319

Ignore
 1544745319

1544745319
 Report to moderator
1544745319
Hero Member

Offline

Posts: 1544745319

Ignore
 1544745319

1544745319
 Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1544745319
Hero Member

Offline

Posts: 1544745319

Ignore
 1544745319

1544745319
 Report to moderator
1544745319
Hero Member

Offline

Posts: 1544745319

Ignore
 1544745319

1544745319
 Report to moderator
Crasengover
Full Member

Offline

Activity: 322
Merit: 103

 November 11, 2017, 09:16:10 PM

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

Activity: 504
Merit: 250

EQWITY.IO

 November 11, 2017, 09:17:58 PM

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

▄▄▄▄▄▄▄▄▄
▄▄█████████▀
█████▀▀
▄████▀         ▄▄█
████▀       ▄▄███▀██    ███▌
████     ▄███▀▀   ██    ████
▐███▌    ██▀▀  ▀▌▐▀ ██    ▐███▌
▐███▌    ██  ▄▀▄   ▄██    ▐███▌
████    ██▄▀  ▄▄██▀▀     ████
████   ██▄▄██▀▀        ███
██▀▀          ▄████
▄▄█████
▄▄████████▀▀
████████▀▀
eqwityTM

██
██
██
██
██
██
██
██
██
██
██
██
██

.LET'S SELF-REGULATE..
.THE BLOCKCHAIN.........
.INDUSTRY TOGETHER..

██
██
██
██
██
██
██
██
██
██
██
██
██

 ⏵⏵⏵⏵ ││││ ⏵⏵⏵⏵ ⏵⏵

██
██
██
██
██
██
██
██
██
██
██
██
██
BTCMILLIONAIRE
Hero Member

Offline

Activity: 1036
Merit: 668

 November 11, 2017, 09:21:13 PM

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]