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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4086 times)
MikeyVeez
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May 10, 2019, 09:22:30 PM
 #621

It it something like predicting the result of hockey or football match, you can make a good research but, as always, there is a luck factor...
Also there are 3 options (win, loose or sideway  Grin).

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Perfect35
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May 10, 2019, 10:57:58 PM
 #622

If you are going to predict, you have to prepare your mind on whether it will work or not, because there is never a guaranteed answer in predictions.
So ensure you do enough research before predicting.
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May 11, 2019, 03:59:26 AM
 #623

In recent year I have seen many articles and groups predicting the price of cryptoi, but in the end they are not implemented, so I dont believe that the price of crypto can be predicted.
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May 11, 2019, 04:01:41 AM
 #624

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?

As you stated, there are several ways to predict the price of cryptocurrencies.
I'd like to give two examples here Litecoin and BNB.
Litecoin is nearing it's halving and like the previous one, the price of Litecoin in the last month has increased and is still increasing.
Binance was hacked, though it had nothing to do with BNB, the price plundered and is still decreasing.
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May 11, 2019, 04:36:13 AM
 #625

In my opinion , I have been in the crypto a while, but there is no such group that can predict the crypto, and I also heard a lot of the claiming that they can predict crypto, but no one has the proof.
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May 11, 2019, 05:01:39 AM
 #626

Till the end of time we will always see predictions here and there but mind you there are many experts that failed in predicting crypto because crypto is one of the hardest to predict

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May 11, 2019, 05:37:19 AM
 #627

For all the cryptocurrency will not say. But people somehow choose projects in which they invest, so they predict something like that. So it is quite possible to predict but difficult.

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May 14, 2019, 03:14:32 PM
 #628

There are so many methods and ways to predict the growth (or the fall) of the cryptocurrencies, that it must be natural that some of them should work. In reality, nothing works here in 100%
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May 14, 2019, 04:40:05 PM
 #629

There are so many methods and ways to predict the growth (or the fall) of the cryptocurrencies, that it must be natural that some of them should work. In reality, nothing works here in 100%

Everyone can make any predictions based on their own knowledge but as you stated, none will work everytime. Although we use the very complex methods, it won't guarantee that our predictions will happen as expected.

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May 14, 2019, 04:45:03 PM
 #630

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?

No, there is no single system that can predict cryptocurrency prices, especially in a system as dynamic as this one. News comes every day, influencing the perceptions of investors of the strengths and weaknesses of projects. Moreover, this is a relatively small market in which big whales can have a massive effect due to lack of liquidity, and these whales can act at any time. I believe technical and fundamental analysis are merely useful aids in predicting trends.
AUruHM
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May 14, 2019, 05:54:25 PM
 #631

The price is not predictable. But we can calculate some expectations that will have more or less probability to happen. And nothing more. Because the market is a combination of buyers and sellers which every has own predictions and wishes to make something. We can try to think that RSI, BB, Stoch will solve this equation with several unknowns but it's some naive  Grin
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May 14, 2019, 06:02:30 PM
 #632

according to what I noticed as we can predict what the price of Bitcoin will be.  for example, we can predict Bitcoin will be worth $ 10k or $ 20k and surely the price of Bitcoin will be there.  but there is something we cannot predict, which is when Bitcoin will be worth $ 10k or $ 20k.

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May 14, 2019, 06:15:39 PM
 #633

I think it is possible to predict cryptocurrency price but never in 100%. This market's features are instability and risk, always remember that. But, in the course of time traders become more experienced and they have got a sufficient knowledge which helps them to predict some fluctuations. It's a matter of time.
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May 14, 2019, 06:17:08 PM
 #634

It is very difficult to predict something in the world of cryptocurrency.  Because no one knows the truth how it will be valid.  But as for me, the market situation is being set up and I think that such growth will continue.

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May 14, 2019, 06:33:22 PM
 #635

I believe that the maximum that can be predicted is what will happen in a month.  And it will not be very accurate.  Cryptocurrency is not regulated by anyone.  It can not be predicted if even very strongly want this.

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May 14, 2019, 06:47:29 PM
 #636

prediction is just an analysis of trends and perception of the predictor. I don't think anyone can really predict what will happen in the crypto world. it is always based off something and when that thing changes the prediction will go wrong too. For me, I don't believe in any prediction

Boombull
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May 14, 2019, 06:52:52 PM
 #637

On a serious note, one can't adequately predict the price of cryptocurrency because it's highly unstable and things can change at any time but be that as it is one can still be able to know its trends base on things happening per time.
Samuel4
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May 14, 2019, 07:00:01 PM
 #638

If cryptocurrency could be predicted, by now it would have come  to and end. Even some factors in the technical analysis like reading of graph Elliot wave theory etc can't be Used as a single factor to predict the price of cryptocurrencies. Rather it could be combined with other factors to help in the assumption of the price which sometimes fails.
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May 19, 2019, 02:11:28 PM
 #639

according to what I noticed as we can predict what the price of Bitcoin will be.  for example, we can predict Bitcoin will be worth $ 10k or $ 20k and surely the price of Bitcoin will be there.  but there is something we cannot predict, which is when Bitcoin will be worth $ 10k or $ 20k.
Bitcoin, in my opinion, remains a star of cryptocurrency, with the green bull market and prospective always pushing up crypto prices. This is a fact that becomes a benchmark for crypto business people so they always see the development of bitcoin prices to predict altcoin price increases.
My prediction until the end of this year is that Bitcoin reached a price of USD 13000, because to this day bitcoin has been valued at USD 8056, and the future prospects are still wide open to raise prices, this is due to the slowly changing community assumptions about bitcoin digital currencies.

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May 19, 2019, 02:34:01 PM
 #640

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?

It is really what you say. We can very easily predict the price of crypto currencies. We know that the price of this crypto currency is always moving and changing. These movements and changes are always dynamic so we can predict the price of crypto currencies after we look at the historical price chart of crypto currencies. It is true that the nature carried by the crypto currency is not the main determining factor. Technology carried by crypto currencies is also not a major factor. The volume of crypto currencies and the history of price movements are more important and it is possible to predict the price of crypto currencies. The supply and demand for the crypto currency affects the price of the crypto currency rather than the real benefit brought by the crypto currency itself.
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