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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4088 times)
gerjiss
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May 30, 2018, 08:52:07 PM
 #21

I think that investing in the long term can bring you a good result, a good profit, as the cryptocurrency market is young and now it is still growing.

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May 30, 2018, 09:11:25 PM
 #22

Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.
It is difficult to say that the price trends is solely because of the historical price because it is fairly a new market and it is difficult to find many convincing graphs to calculate the price but we can understand the growing trends in years, volume is certainly an important factor when it comes to price movement and almost everyone calculates the price movement depending upon the volume in demand and supply.
Price predictions is possible with some probability only. Not exact. Because of world is such. Too much parameters and factors are in the world. And put historical data in the predictions when all conditions are change I think not right
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May 31, 2018, 04:00:21 AM
 #23

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

I think its impossible to predict it 100% true with those data sets. The thing is historical volume trends and price trends were dependent of the factors that were happening at that period. When you talk about the today then its all about the factors that are happening currently. Thus it becomes unrelated of both the timelines and has got no connection at all.

Do you know why this is so? Its because the cyrpto currency is decentralised one and unregulated one. It has no fixed data sets which can define its future as every time it depends on different sets of rules.

 
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cryptodreem
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June 01, 2018, 05:05:10 AM
 #24

I think you can predict crypto currency price. For this you need to check previous transactions price. Then you get a clear idea about price. But it's a tough task. Because some time prices are depends on the demand condition.
Probinus
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June 01, 2018, 05:14:22 AM
 #25

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?
I think it's hard but it's possible, you just gotta be thorough on the pattern it conveys. Technologies today are focusing on AI's machine learning, deep learning, and neural network. But i think the best approach for this is the deep learning.

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mariayaz
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June 01, 2018, 05:58:20 AM
 #26

No, It's not possible to predict crypto-currency. It's not fixed like fiat money, It's hardly controlled since not centralized by the financial institutions.

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cryptovally01
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June 01, 2018, 09:46:56 AM
 #27

We can guess but cannot ensure that this will happen. This market is so unpredictable that anything can happen at any moment. So, yes we can predict but those are not always right.
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June 01, 2018, 10:19:24 AM
 #28

There is actually no way that we can predict the price of cryptocurrencies. Even when whales are pumping the prices by buying up a lot of coins there is no way for them to tell where the price will end up going to. All of the predictions that you see from people claiming that some place is where the price of cryptos will rise or fall is all just speculation at best

SamboNZ
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June 01, 2018, 10:31:06 AM
 #29

It's quite possible but for me you cannot just predict it exactly. In some instances you can gauge what will happen if you base it on previous events and charts but in the end you'll just end up wandering because we can't determine what really causes the sudden turn of events happening in our market. I've seen so many predictions and most of them didn't come true.
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June 01, 2018, 01:25:26 PM
 #30

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?
Do not forget that market capitalization is also limited, unless the percentage of new communities also grows constantly.
Mt. Dempo
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June 01, 2018, 01:30:08 PM
 #31

so if the price of crypto can follow historical price trends and historical volume trends, then by the end of this year there will be a big increase like last year. do you think so?

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June 01, 2018, 01:39:40 PM
 #32

Yes, there are some patterns in crypto prices, but those are "more like guidelines than actual rules". Especially because of unpredictable participants and events like hackers, scammers, pumpers, idiots with lots of coins, whales, software bugs, accidents, corporate decisions and government crackdowns can greatly effect the prices with a very short notice time in any moment. So crypto price predictions can be and used to be wildly inaccurate.
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June 01, 2018, 02:28:03 PM
 #33

right you are, i also think that Historical price trends and Historical volume trends plays very important role. as before investing on any coin i dig down of it's Historical price trends. which helps me to understand the potential of the coin very deeply.
sainaselalisa
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June 01, 2018, 06:59:53 PM
 #34

There are certain thing by which you can predict the market price. But all the time the prediction don’t go for real. But the price which is low now will get high soon.
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June 02, 2018, 02:41:38 AM
 #35

Basically its not predicting its called assuming the price based on financial growth finance & accounting expert can assume this types of price because there is some tools they have to use and some calculation they have to do based on this they predict this. They are also said after few days later BTC price will be increase and it may double.
jack long
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June 02, 2018, 03:14:08 AM
 #36


I do not think that's possible because what I know predicting cryptocurrency is not easy and so I'm sure next month all will be stable again and can get a good profit, and for now you better hold your altcoin and invest in the long term in altcoin which is promising
Marsyam
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June 02, 2018, 03:32:06 AM
 #37

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?


I would like to say if Predicting the price of cryptocurrency is very possible if you believe it is not possible. Many experts predict crypto values fail. Crypto is very easy to change and its value is not only based on the two factors you mentioned. If you are very sure do a lot of practice to analyze charts and reading learning materials.

kma.deno
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June 02, 2018, 06:59:47 AM
 #38

You cannot the future price of crypto currencies over a year. Like, you can only predict what can be the price of tomorrow or day after tomorrow. Though there's possibility that the prediction will go wrong. But, you cannot predict the future price of next month or a whole year. It's very difficult to predict.
reflectcrypto
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June 02, 2018, 08:38:12 PM
 #39

The price of coin in the market depends on the demand and S supply of the coins. So to predict the price you will need to know the demand and supply but it is very difficult to do and complex too. Another idea to predict the price is to analyses the past history and trends. But such type of prediction does not mean that it will be true always.
farland7
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June 04, 2018, 12:00:32 PM
 #40

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?
I think that this is quite possible because there are a lot of good paid courses and trainings in the field of crypts that can provide the basis for technical analysis of the market.
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