PREDICTION IS SOMETIMES LIKE A FALSE PROMISE

[bitgolden]

Sometimes you have to do the research yourself and not believe what these people are saying. 😐They have already predicted that 2017 was going to be a year for correction and a lot of other things , so why believe there will be a bull this year? You don’t have to believe that, if you check the Bitcoin price history you will see that bull doesn’t come straight twice. If it falls it will take like one or two years before it gets back to the top price.

If we say predictions it is somewhat like it is going to happen or might not happen in the future that is why we have to believe on our own instincts.We need to not to believe on some predictions and must be vigilant on the current movement of the market inorder to have reference on the decisions that were going to make to avoid regrets.

Yes, no one knows what will happen exactly ,they just predict what is likely to happen and when it is likely to happen, not that it will happen at that exact time. Sometimes they happen, but it won’t be the exact time they predicted. Just like they predicted that the price will go up to $15,000 in December and that didn’t happen ,don’t be surprised if it happens this January.

[whiteblue]

You already know if the prediction can't give a definite promise, it's better that you can use the predictors to sell the coins you have, for example when they give predictions that some coins will be priced so much, then you can sell them at the price they predict that your order will be bought by traders who follow the prediction of existing coins, so you can benefit from it so you should be able to have various kinds of coins to take advantage of it.

[Seeker#9]

Not only sometimes but most of the predictions are false and only few of them came true. The unpredictable nature of cryptocurrency make it hard to predict even by a crypto expert and many investors are often dismayed by their trade result after they pinned their hope in the prediction of some experts. Speculation are always part of the trading and its been use to find a possible price of the coin within an hour or day and it is different from predicting the price of the coin in the next several weeks.

[sclmte]

Well, prediction is often told to people but sometimes it is non-existent. last year many people are predicting the next future. and should be before you do. you first need to do things if you need to predict that there is no guarantee. In other words, do not believe in things that you do not recognize should we just make sure that your beliefs are right.

[ethereumhunter]

Prediction still prediction and it's not accurate because the market will move far from the prediction. Maybe we can hit a good price, but still, it's not accurate. No right prediction will be giving the right price even with the pro traders itself but they can almost precisely predict that price, and it's not easy. I will say that if it happens, then it's only coincidence and we cannot make the same things the next day.

[Akoldi_ibk]

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.

[Oceat]

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.

It is common for people to predict because no one could actually tell the truth about the future and it was all a BS. Prediction is being used to somehow manipulate others to take advantage of it. But of course, it is really up to the people want to believe of what the other was telling because you as yourself know it already.

[Finestream]

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.

[mornabo]

Not sometimes, most of the time those who are giving predictions only wants to make an exit so after they've gave their assessment they eventually the first one who will sell it out after the fomo's and make a good value of their holdings.

Yep, they create hype so they can take profit this is normal now since the market is pumping and dumping. I don’t get the point why some people are trusting someone’s prediction and feel bad if that predictions turns into negative. Why not make your own analysis? A more reliable one that is a result of pure hard-work, and skills. This can help you not to depend on someone, and start learning it on your own.

that's the difference in characteristics of each investor, you can say no to a prediction and speculation, but others may be affected and follow the predictions and speculations of others. thats why this reason greatly affects the market, there are many people who are too sensitive and believe in speculation and predictions, even though that's not necessarily true

[Gridness]

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 is still a prediction, no one can accurately estimate the right BTC price, but in my opinion it can be seen from the existing btc historical chart and from that graph we can estimate where the current BTC price is

[kaizerblitz]

Yes i agree with that analyzing the prediction price of bitcoin every year is a false promise just keep believe that bitcoin is unpredictable move into bullish run or not just be patience all the time.

[ipanks]

Yes i agree with that analyzing the prediction price of bitcoin every year is a false promise just keep believe that bitcoin is unpredictable move into bullish run or not just be patience all the time.

But from that prediction, we can use it to make our prediction and sometimes, we can detect or see a new pattern which other people don't see, and I am sure it's very useful for us. I think if we can get the chart from them, we can modify with our analysis so we can get a new clue to place the buy or sell order.

[nur rochid]

Yes i agree with that analyzing the prediction price of bitcoin every year is a false promise just keep believe that bitcoin is unpredictable move into bullish run or not just be patience all the time.

although it is wrong, but I think believing in predictions alone will be better, because it will add to our experience in the analysis. although often wrong, but correcting mistakes is a good thing

[tukagero]

Prediction is only a guess ,you must not believe in any prediction that was made by certain people, but still its up to you if you will believe or not.

[0t3p0t]

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.

It is too hard to predict most especially in a volatile market where cryptocurrency is controlled by the community, whales and other manipulators. Predictions and speculations are not that accurate so much better to wait for a good timing. Due to fluctuation of Bitcoins price Altcoins are now way cheaper but unfortunately I don't have enough Bitcoin funds to buy. I don't care for Bitcoins value ir it will go up and down because I am not a trader.

[candra raditya]

Prediction is only an estimate and is not a promise, and becomes a natural thing if the prediction does not come true because the conditions are not in accordance with the plan.

[Reid]

And that is why it is called a prediction.  

You cannot compare it with weather forecast since there is already a tool for that and none for bitcoin.
Do you even know when a sudden buyer pops out and then just want hundreds of thousands of bitcoin? No. It could be anywhere in different continent and they decide that but not you.

The market relies with demands and that is when the price will move.
Even if you have all the numbers of the large amount of exchanges by now, you will still not get an accurate prediction.

PS: The weather forecast also goes wrong for a lot of times since they cannot control it.

[MakeMoneyBtc]

Well, nowadays there are so many people who call themselves bitcoin experts that try to predict the price I'm the months that I've stopped listening to any of them. It's impossible to predict the price of bitcoin at the end of the year or in next 5 years because so many events could take place during this time that bitcoin could completely disappear or become the next dollar and replace all currencies. Anything can happen and you don't know what to expect so it's all just about guessing what the future holds for cryptocurrencies.

[Botnake]

Well, nowadays there are so many people who call themselves bitcoin experts that try to predict the price I'm the months that I've stopped listening to any of them. It's impossible to predict the price of bitcoin at the end of the year or in next 5 years because so many events could take place during this time that bitcoin could completely disappear or become the next dollar and replace all currencies. Anything can happen and you don't know what to expect so it's all just about guessing what the future holds for cryptocurrencies.

Yes.Predictions are just part of a guessing game but even if it's just false promises,people still tend to believe on it.We cannot deny that positive predictions will make us more interested on crypto that's why more investors are coming into crypto.There's nothing wrong with it as long as we are also making actions for that good predictions to be possible.

[shield132]

OP I have no idea what you think or say because prediction is always a wrong and it's just a hope backed by arguments. But sometimes that's not like a false promise and for example I want to take what people were saying 1-2 years ago on bitcoin's price. Some enthusiasts were saying it would become 10K and people (me too) were laughing on it, some had better fantasy and were predicting 20K by the end of 2017 and this was posted six months before actual prices.