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Author Topic: How can I get near exact predicitons for bitcoin price in the coming 48 hours ?  (Read 1823 times)
joshraban76 (OP)
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June 15, 2014, 03:56:49 PM
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How I can get a semi accurate predictions for bitcoin price, as I'm looking for semi accurate prediction for the coming 48 hours.

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beatljuice
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June 15, 2014, 04:01:21 PM
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You'll need a Tardis.

http://en.wikipedia.org/wiki/TARDIS
tinof
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June 15, 2014, 04:02:58 PM
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How I can get a semi accurate predictions for bitcoin price, as I'm looking for semi accurate prediction for the coming 48 hours.

If anyone know for sure, they won't be lurking these forum.

polynesia
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June 15, 2014, 04:06:30 PM
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What is semi-accurate?
Pente
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June 15, 2014, 04:19:36 PM
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How I can get a semi accurate predictions for bitcoin price, as I'm looking for semi accurate prediction for the coming 48 hours.

Impossible for us mortal humans. The best you can do is hedge.
CaptainBeck
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June 15, 2014, 04:20:21 PM
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If anyone can work that out, could they also take alook at the stock exchange for me, and tell us.
joshraban76 (OP)
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June 15, 2014, 04:25:56 PM
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Thank you for the replies.

But what is hedging ?

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CaptainBeck
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June 15, 2014, 04:28:09 PM
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http://en.wikipedia.org/wiki/Hedge_%28finance%29

Will be better than me trying to explain it.
Justine
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June 15, 2014, 05:33:56 PM
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Thank you for the replies.

But what is hedging ?

Normally done by producers to reduce their risk.

For bitcoin miners, they can hedge the price but not the network difficulty.
joele
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June 16, 2014, 05:01:29 PM
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For prediction, I ask Siri.
CaptainBeck
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June 16, 2014, 05:08:38 PM
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For prediction, I ask Siri.

How well does that go?? No Siri isnt very useful for me.
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June 16, 2014, 05:24:19 PM
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RodeoX
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June 16, 2014, 06:30:10 PM
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A prediction is not possible. However one can guess. I guess $637.

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ljudotina
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June 16, 2014, 07:20:29 PM
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I look at my crystal ball of Future Telling every day. Thing is that damn thing takes BTC as fuel. So basicly i have to throw in 1 BTC just to earn 1 BTC in that same time....
I'm working on kind of magic to improve it so i can at least earn enough to pay for time i spend using it....freakin perpetuum mobile...

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June 17, 2014, 10:30:34 PM
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Might I suggest simply buying most of the supply and manipulating the price so that it is where you needed it to be? 
allthingsluxury
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June 17, 2014, 11:19:56 PM
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The best you can do is guess. Bitcoin is incredibly volatile.

Candystripes
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June 17, 2014, 11:21:08 PM
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If you can always predict the price, I'd be a millionaire from trading.

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CaptainBeck
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June 17, 2014, 11:48:15 PM
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I predict it will do what the system allows. There are two many variable to predict the price. Large stock companies spend alot of money trying to model the markets, but they cant count for every variable, so they switch spending their money on things like fast internet so they can get the information before others and move then.   
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June 17, 2014, 11:56:34 PM
 #19

absolutely no way of knowing for sure it seems

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June 18, 2014, 10:39:25 AM
 #20

How I can get a semi accurate predictions for bitcoin price, as I'm looking for semi accurate prediction for the coming 48 hours.

Semi accurate prediction: no problem. Accurate preditcion: impossible.

How to get a semi accurate prediction? - Just pick a random number.
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