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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4086 times)
GrannyC
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June 06, 2018, 12:26:02 PM
 #101

There are some plataforms that offer mimic-trading related to some excellent traders that seem to have an eye for predicting. I guess anything else is gambling.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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unusualfacts30
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June 06, 2018, 12:30:06 PM
 #102

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?

Yes, you can make predictions but making correct prediction is different story altogether. You can look at past chart and get an idea of the correct time to buy in but in the end you know as much as the next guy and it's sensible to invest your money wisely for long term instead of short term prediction which may or may not happen.

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kicauklaten
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June 06, 2018, 01:04:27 PM
 #103

the prediction is just crap and until now there will never be that could appropriately to predict the value of crypto. If they could predict certainly they have become rich and have got a very big result from crypto without experiencing any loss at all. but in fact, the prediction is just bullshit anyway.

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June 06, 2018, 01:10:37 PM
 #104

bitcoin will reach $ 20k, and the etherum will reach $ 1500. my prediction could be wrong, the price could be higher than that or lower because crypto is fluctuating, so no one can predict the exact price of crypto.
Bharathi13
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June 07, 2018, 04:55:27 PM
 #105

In cryptocurrency or any share market we cannot predict the peak of particular coin or share. Cryptocurrency is world of volatality you have to play with trends and predict price with trends like news which will make coins to reach higher in value for example like partnership, forks, mainnet and node integration etc. Be aware of pump and dump scheme's.

alex7308
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June 09, 2018, 01:11:57 PM
 #106

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.
atupolev
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June 11, 2018, 11:21:35 PM
 #107

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.
All of these courses and trainings are complete bullshit and the math doesn’t even add up. The ones who make these predictions have zero knowledge on any industries. To make it worse, there’s a lot of YouTube accounts with big following shilling these garbage. So you have the idiots making conclusions on something they know nothing about, and their favourite YouTuber shilling the same garbage. You wonder how we get so many echo chambers in this market.
muratdur
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June 11, 2018, 11:22:39 PM
 #108

I believe this isnt true, because every time we are trying to perform that, Bitcoin act opposite way, is it jumping as dumb up and down

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Jansaa
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June 11, 2018, 11:25:49 PM
 #109

To guess the price of digital money very hard! There are too many factors that govern its value at this point! A small change also affects the market! Be careful when investing!
Catch-22
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June 12, 2018, 01:28:44 AM
 #110

Cryptocurrency forecasting far from being an exact science. Not even the self-proclaimed experts or analysts on the market can make accurate predictions. Too many factors and not much historical data to work on.

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kere hore
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June 12, 2018, 02:27:43 AM
 #111

I do not think that's possible because I know it's hard to predict the price of cryptocurrency because even now its price is declining and it has not gone up yet, because it's now a lot of people who hold their altcoins and wait for the price of cryptocurrency to go back and can sell their altcoin for profit

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June 12, 2018, 02:34:44 AM
 #112

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?

Well cryptocurrency market is decentralized so that means the market is quiet unpredictable. The market is fast changing and somehow follows the law of supply and demand. Where the price depends on the demand of the token on the market.
phamduc171a
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June 13, 2018, 01:39:49 AM
 #113

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.
ofounz98712
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June 14, 2018, 12:50:02 AM
 #114

Crypto will not probably be predicted, if indeed it could then surely everyone will know about it and are already preparing for when to buy, sell and hold. but the fact that many people do in fact but in the many predictions of collapse. therefore do not rely on predictions for crypto because the results are full of uncertainty.
cryptomadu
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June 14, 2018, 07:08:11 PM
 #115

Unlike the forex market, the crypto market doesn't have much historical data. So predicting the market by looking at the chart patterns will not have a high accuracy rate like when we are in forex market. Most of the time Crypto market is driven by the fear of missing out of the people.

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ptolimeus
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June 21, 2018, 09:40:30 AM
 #116

Crypto will not probably be predicted, if indeed it could then surely everyone will know about it and are already preparing for when to buy, sell and hold. but the fact that many people do in fact but in the many predictions of collapse. therefore do not rely on predictions for crypto because the results are full of uncertainty.
I also do not believe the predictions of experts. All these predictions are most similar to simple guessing. To accurately predict market behavior in the future you need to own a time machine, but this is not yet possible.
28days_ever
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June 21, 2018, 09:43:20 AM
 #117

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?
The trends of volume as time has shown can be artificially inflated, but the price movement can not be deceived. Yes, and now there is nothing to analyze the price, many coins have frozen and are waiting for the bullish trend to grow. Therefore, it remains a little time to have time to invest your favorite coins.
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June 21, 2018, 09:45:33 AM
 #118

No - Why? Because there are simply too many variables - A Hack, a SEC announcement, a Network architecture change or a vulnerability disclosure can all affect the price movement. It's hard to predict Cryptocurrency price.
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June 21, 2018, 09:51:30 AM
 #119

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?

Lets clarify about what Prediction means so we wont mislead anyone by this,once you said Predict this means youre own outview in single matter that deals with what would happen or what would be the price,so by then we know that predicting is legal and valid to every person wthat want to make hes statement in any occasion
CodyAlfaridzi
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June 21, 2018, 09:52:45 AM
 #120

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?
Forex and stock trader usually use technical analysis to predict the future price movement. Even those who have tens of experience as  a trader and TA analyst can't get it right 100%. After all, it's still predicting and trading is more than just predicting the price. There's risk management, fundamental analysis, etc.

Crypto to some extent is similar forex market. The differences are more volatile market and no regulation whatsoever. Those things make the market more crazy. I see it as an opportunity. Market movement is where money is made. You can apply TA to get a better prediction in crypto but don't be disappointed when you got it wrong.
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