PREDICTION IS SOMETIMES LIKE A FALSE PROMISE

[Escf4]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Prediction and analysis could be wrong in any market. I am believe no one expecting this bear market and the price drop below $3500 because anyone think bitcoin will reach $50k like few expert predicted. Many fake news in 2018 and its make investor panic with market condition but i am believe cryptomarket will survive and bounce back

That is true about predictions and speculations, they are created only by the mind for the future observations , but we can not really rely for it , because sometimes it will not be true and sometimes it will be real, this is what happens to many predictions in cryptocurrency market now, that has a lot of predictions for its price value , but as always ,we are hoping that the good prediction will be true and realized.

[Betwrong]

Totally right! I remember there were a lot of topics in November about users prediction of bitcoin's price by the end of the year. And it was hard to predict bitcoin's move a month far. All of those analysts and calculations lead us novhere, cause of bitcoin seemed unpredictable.

Even if one of them got it correctly it won't lead us anywhere and it's expected that most of them aren't accurate.
~

That's right, out of many predictions some become true, but it doesn't mean they were made by people who really knew what's going to happen. To me, it's more like a lottery, when someone wins we shouldn't think he/she is an expert who knows how to pick the right numbers. What I find funny is that people saying, Bitcoin market is unpredictable, as if Stock Market is. If it was so no one would be working anymore, but would be only buying the "right stocks" becoming wealthier and wealthier.

[Naida_BR]

Totally right! I remember there were a lot of topics in November about users prediction of bitcoin's price by the end of the year. And it was hard to predict bitcoin's move a month far. All of those analysts and calculations lead us novhere, cause of bitcoin seemed unpredictable.

Even if one of them got it correctly it won't lead us anywhere and it's expected that most of them aren't accurate.
~

That's right, out of many predictions some become true, but it doesn't mean they were made by people who really knew what's going to happen. To me, it's more like a lottery, when someone wins we shouldn't think he/she is an expert who knows how to pick the right numbers. What I find funny is that people saying, Bitcoin market is unpredictable, as if Stock Market is. If it was so no one would be working anymore, but would be only buying the "right stocks" becoming wealthier and wealthier.

Bitcoin is unpredictable because it can't be manipulated. On the contrary, there are many indications of stocks that can show how they are going to move and not only by just looking at historical trends at the charts.
If the CEO of a company decides to close a department then the stock price is going to fall. Do you think the same is going to happen if a node decides to shut down?

[tonyvo2017]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

You will not even know what the price of tomorrow is because the future is never predictable.
So instead of guessing the price, we should analyze more about the technology value of altcoins for long-term investment. That would be a good way.

[millensharon8]

As long as bitcoin high volatility hasn't been addressed; pumps and dumps and high rates of manipulation still at large, 95% of all predictions will still be untrue. Not because proper analysis wasn't done before the predictions were reached but because of other factors beyond the control of the predictors (experts alike). That is why it is very dangerous to make trading decisions solely on predictions.

Right.I agree on you.No one can tell exactly what will really happen in the future since bitcoin is still constantly changing because of its high volatility.But still there are a lot of predictions appear even in the start of the year.There's no harm in always believing from different predictions as long as you also do your part.Like in trading,you have to be more focused on the movement of the market and even on the coins itself,those potential ones and those who don't even have value from the start.

Predictions were never even meant to be a promise, they are just basically a means of anticipating what could actually end up happening in a market position as the case may be. The thing is that a lot of people usually assume that when it comes to predictions, they should always be right, but in the real sense, if predictions were meant to be 100% right, there would have been no need for stop losses.

[markovicmarge]

not good to base decision on predictions.. it's a hit or miss thing.

[Betwrong]

~, there are many indications of stocks that can show how they are going to move and not only by just looking at historical trends at the charts.
If the CEO of a company decides to close a department then the stock price is going to fall.

That's why I say that the stock market is also unpredictable. When a news like this shows up, it's already too late to sell your stocks without a loss.

Do you think the same is going to happen if a node decides to shut down?

Bitcoin has around 10,000 nods, so shutting down a node is more like closing one small section in one of their 506 stores around the world for Apple. No one would have noticed.

[mariah.sadio]

That is why they just predicted the price. Prediction is based on the word itself, it has no assurance but just assumptions. So let us not stick to predictions. We all know that crypto prices are very unpredictable. Let us be always aware of that. We should just have other alternatives to gain profits aside from it in case its price currently in red mark now from the market. Just hold them and wait for the right time to sell it.

[indrakusumaindra]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Well every predictions is seems like a market manipulation, but i do believe good things will come eventually and blockchain should be something crucial that will lead market to big grow in future.

[bravehearth0319]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

In every prediction of the individuals it is equivalent of speculation or opinion by one person. It is also true that whether Bitcoin or altcoins are

both unpredictable in terms of their price value, due to that they are also both volatile in the market.

[GunsLair]

It's possible to treat forecasts in different ways, someone listens, someone doesn't pay attention. But one thing is clear that this is only an assumption and no one knows for sure how and what will be. I read and listen the forecasts but I never believe them 100%.

[iMark]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Well every predictions is seems like a market manipulation, but i do believe good things will come eventually and blockchain should be something crucial that will lead market to big grow in future.

predictions can also be called speculation, and I think that's the main function of speculation right? they speculated so that many people would be influenced by what they said, and then the price was manipulated according to what they wanted

[BeGoods]

Come on nowadays any user can speak freely. they can speculate and predict the price of a coin based on their calculations or desires. thats why many predictions are missed because there are users who are not capable doing speculating. we must be smarter in sorting out good predictions.

If you speak on your own desire, hopefully no one will follow you after certain amount of time. I mean to say only when you remain accurate, there will be some support for your predictions and basically for all your actions. Moreover, you cannot speak anything freely but only with the support of enough evidence, meaning of freedom of speech doesn't mean like you said. Here in this forum people are speculating only based on their own analysis/calculations. At the same time we cannot do anything about when a prediction goes wrong or hitting perfectly, for both the cases.

Prediction and speculations are only guidelines and should not be taken as accurate calls for trading purposes. It is always emphasized here, people should go for their own analysis for trading but to get the overall idea about the market and its direction they may use what people do suggest here.

That's the reality. People speculate and predict according to their wishes. what's the difference with predictions with the calculations they make? whereas they do not provide some kind of proof of calculation?

predictions will be more valuable if they provide little evidence of their analysis. yeah and you shouldn't depend on other people's predictions. but in the current case many people are influenced by the predictions of others people

[dupee419]

The real lesson here is that you shouldn't fall off easily with the speculations of people around the forum, anyone can speculate here so you'd be the one to know if this could be accurate or not, a lot of people are making wild guesses and I just want you all to know that you should not believe speculations.without even thinking about it.

[jademaxxiss012]

The real lesson here is that you shouldn't fall off easily with the speculations of people around the forum, anyone can speculate here so you'd be the one to know if this could be accurate or not, a lot of people are making wild guesses and I just want you all to know that you should not believe speculations.without even thinking about it.

No, the real lesson is to make an adaption with the trend. I suggest to create a strategy regarding with this market price volatility with bitcoin. This includes major fluctuations in the market. I have already consider some strategy like buying bitcoins or any crypto if found out that its market price has reached the bottom or does not fluctuate anymore. Like the 3.2K USD recorded for bitcoin market price. That was the best time to invest on crypto. NOw, I think it would be best to invest and wait for the market price to go down beyond that market price if not then it one should not invest. It will keep your money safe.

Invest only when it will hit another market price downfall for sure it will bounce back a bit and then sell off again.

[Altf4]

The real lesson here is that you shouldn't fall off easily with the speculations of people around the forum, anyone can speculate here so you'd be the one to know if this could be accurate or not, a lot of people are making wild guesses and I just want you all to know that you should not believe speculations.without even thinking about it.

No, the real lesson is to make an adaption with the trend. I suggest to create a strategy regarding with this market price volatility with bitcoin. This includes major fluctuations in the market. I have already consider some strategy like buying bitcoins or any crypto if found out that its market price has reached the bottom or does not fluctuate anymore. Like the 3.2K USD recorded for bitcoin market price. That was the best time to invest on crypto. NOw, I think it would be best to invest and wait for the market price to go down beyond that market price if not then it one should not invest. It will keep your money safe.

Invest only when it will hit another market price downfall for sure it will bounce back a bit and then sell off again.

Not all predictions are considered to be a false promise ,but there are also that can be true actually, but for this many predictions in cryptocurrency, all wanna do is consider this predictions but do not rely mostly, you just have to be observant to the market especially the value of coins, careful with our investments and always support the cryptocurrency

[GrayFullbuster]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Only few predictions that are really happened. Like last year, at the beginning of the year; many professional traders predict that the bull run will happen last December and the outcome is not good because it didn't happened.

[Betwrong]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Only few predictions that are really happened. Like last year, at the beginning of the year; many professional traders predict that the bull run will happen last December and the outcome is not good because it didn't happened.

That's because time-frames in the crypto market, is not the same as they are in times of year. The weather "experts" can at least predict that it will be mostly cold in the winter, but the market is absolutely unpredictable regarding the price, and pegging a certain performance of it to one of the four seasons is ridiculous. People are still doing that and will be doing that in the future because by our nature we want some certainty, even if it's an illusional one.

[owlman]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

You are right, the forecasts do not need to be trusted, especially when it comes to the market of crypto-currencies. In the short term, the price can be guessed, but not with 100% accuracy. Therefore, I decided for myself not to trust the various experts and make decisions on my own.

[Nasty23]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

You are right, the forecasts do not need to be trusted, especially when it comes to the market of crypto-currencies. In the short term, the price can be guessed, but not with 100% accuracy. Therefore, I decided for myself not to trust the various experts and make decisions on my own.

I agree with you, that we should not trust anyone regarding on prediction because crypto market are changing always depending on the market demand on which can possibly give us a profit or a loss if we don't have enough knowledge and strategies in crypto market.