Simple Price prediction Formula am i right ?

[otaner142]

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.

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[Crasengover]

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]

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

[BTCMILLIONAIRE]

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.