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Topic: Correct and Upcoming Price Prediction - page 3. (Read 906 times)

member
Activity: 630
Merit: 10
July 08, 2019, 01:34:31 PM
#29
It seems to me that lately it is becoming more and more difficult to analyze and predict.  Of course, if you look at the parameters of Bitcoin, you can still say something here, but for all cryptocurrencies, this approach does not work.  coins from my portfolio still does not show any results, although Technical Analysis has promised a lot.
full member
Activity: 882
Merit: 110
July 07, 2019, 06:31:07 PM
#28
He might be right on this first prediction but his current prediction could be wrong.
I suggest you trust your own instinct, it's not bad to follow prediction from someone but we need to carefully analyze it as well, but if you hold for long term, you'll be happy with his prediction but I just think it would not come as easy as we think, it would take time for sure.

Yes right, they just happen to predict the price of bitcoin, then they won't know where the price of bitcoin will go. For me, predictions from other people like that become my consideration in analyzing the price of a coin and not even taken the prediction outright. I believe in their predictions that bitcoin will rise, but their target is too high to achieve.
their target might cause distrust for anyone, I think this might be the target of the increase must be rational and can be thought with logic so that it is easy to understand and digest.
full member
Activity: 1456
Merit: 148
July 08, 2019, 09:59:28 AM
#28
The possibility of one to give a correct price prediction because of the volatility know for the market of cryptocurrency. Most prediction which where made in the past never prove correct and some were partially correct. Am not good in prediction rather but will like to predict that, the price of coins be 23% at lest rise in the forthcoming weeks and this may apply in multiplication to the prediction.
member
Activity: 364
Merit: 10
July 08, 2019, 10:31:16 AM
#28
predictions can be made several years later, with luck predictions coming, but not all predictions go smoothly, is it good to make a strategy that works with existing trading methods
member
Activity: 921
Merit: 10
July 07, 2019, 07:03:25 PM
#27
No, I don't trust that kind of talk. Forecasts are always just a poke in the sky. Just a guessing game. So don't believe it. You need to build your own forecasts and stick to them.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
July 07, 2019, 06:57:38 PM
#26
Never heard of Tim draper guess am not a big fan of price prediction. Mostly newbies are freaked about price analysis(bunch of nerds with a chalk and a board drawing charts). Price analysis is more to me like a wild guess or instinctive urge. If you notice by now when ever there is a trigger to the price it could be upward or downward in continues in that trend until there is a counter reaction.
Get to know the trend, listen to news, read article and then the next action to take would be clearer
Definitely, I agree. All of us here can make predictions yet, there is no accuracy. Even veteran or newbie is predicting prices in market. However, they cannot really predict the price. That is why, it is said to be predictions. However, as of now we can see that the price of bitcoin wants to break the highs. And I think it would go more above 15K dollars before September comes on.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
July 07, 2019, 12:06:48 PM
#25
Now price prediction does not work as well. But we can predict because crypto worker can be done anything also prediction. People do not know about the market, so prediction can be wrong or right. You should not depend on price prediction.
full member
Activity: 352
Merit: 100
July 07, 2019, 07:21:50 AM
#25
I do not trust any prediction as I do not remember one of them that turned out to be true. All people, who were going to make some forecasts of the cryptocurrencies, failed. There can be one prediction only - BTC is a gainer.
legendary
Activity: 1526
Merit: 1179
July 06, 2019, 02:57:16 PM
#24
There is a huge difference between 10 thousand dollar value and 250 thousand dollars. I mean we are talking about x25 right now if we reach that high and that sounds a bit difficult to hit.
It's a bit over the top, but during a bull/fomo run the low supply of Bitcoin is helping it to reach levels you don't think are possible to be hit. I have seen how dry the order books were during the 2017 bull run.

In order to buy a few hundred coins at once you needed to buy the price up by 5%. I also remember having seen the local exchanging services here were out of coins and offered people 10% over spot out of desperation.

In 2017 the price peaked at $20k but it could have gone well past $30-40k too, and maybe more if exchanges didn't need weeks to process verification requests. Bitcoin can do crazy things.
hero member
Activity: 1190
Merit: 541
July 06, 2019, 02:22:53 PM
#23
What time frame is he speculating for bitcoin to reach the value, if the time frame is reasonable, then I dint doubt it, we don’t even need anyone’s opinion before we know that bitcoin will one day reach such value and above because of its finite supply, come 10 years’ time, all these value we are seeing presently will be the lowest value that we will ever see these coins have in some years to come, with more development that is come along their way.

Three years ago, many people also predicted that bitcoin will get to $10k, and I have even see people predict them of bitcoin surging up to $13500. Anyone that knows bitcoin very well and its concept, they will know that bitcoin has all the potential to even get to $500,000, but that will be with some certain condition too such as full blown adoption and many more.
hero member
Activity: 1470
Merit: 509
July 05, 2019, 05:09:33 PM
#22
I am also interested in the views of experts, but I use it only to broaden my view. When come to the future of price, my own thought is always on top. There are so many experts... and the likelihood of one of these ideas being true is as many as they are. If you keep watching him, you will see that he also make mistakes, and that is boring. Because instead of looking for the right in yourself, you will look for someone else.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
July 05, 2019, 12:57:46 PM
#21
There is a huge difference between 10 thousand dollar value and 250 thousand dollars. I mean we are talking about x25 right now if we reach that high and that sounds a bit difficult to hit.

There are many experts seeing bitcoin market cap at 250k each bitcoin because that would be equal to some of the biggest marketcaps and they think it can rival with the biggest ones but can't be bigger than others. That is why 250k if it happens would be the max it can hit without inflation kicking it further above with others, which means it should not be reaching there for a little more while. I still think its unlikely and just because he was right once means he would be right again but at the same time I believe there is a possibility of it happening eventually.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
July 05, 2019, 09:37:07 AM
#20

I'm not saying that $20,000 will happen this year or next year, but boy you are definitely hugely underestimating Bitcoin. $20,000 is definitely very possible this year, and a lot more possible next year. Remember in 2017? Bitcoin's lowest point was around $1,000, and it peaked at around $19,000. Whales definitely have a significant effect over the markets, but they definitely don't have anywhere near 100% control.

But then again, I'm only saying that it's very very possible.
legendary
Activity: 2212
Merit: 1008
July 05, 2019, 08:48:58 AM
#19
He might be right on this first prediction but his current prediction could be wrong.
I suggest you trust your own instinct, it's not bad to follow prediction from someone but we need to carefully analyze it as well, but if you hold for long term, you'll be happy with his prediction but I just think it would not come as easy as we think, it would take time for sure.

Yes right, they just happen to predict the price of bitcoin, then they won't know where the price of bitcoin will go. For me, predictions from other people like that become my consideration in analyzing the price of a coin and not even taken the prediction outright. I believe in their predictions that bitcoin will rise, but their target is too high to achieve.
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
July 05, 2019, 07:22:45 AM
#18
Guys, this is interesting.

3 years ago Tim Draper predicted Bitcoin at $10,000. 1 year ago he said, bitcoin to hit $250,000

Do you trust such moments?

That's the correct 3-year old interview:

https://blog.bitireland.ie/Video/confirmed-3-year-old-price-prediction

That's the latest prediction (from a party):

https://blog.bitireland.ie/Video/bitcoin-25k-22


No, I never believe that the value of BTC can surpass more than $ 20k this year and the next year. You can see that the value of BTC is now very high. Because the whales are laying different and continuous traps pump and dump the price of BTC.
Many traders have lost more than $ 10k in the last few days.
If you continue with this situation, traders and investors will not continue to buy BTC, because they know that it is a trap of whales. And surely its price will not increase sharply for a long time.
legendary
Activity: 2170
Merit: 1427
July 05, 2019, 06:54:06 AM
#17
For me, they just got lucky, even they equip with lots of tools for monitoring the daily activities and changes in BTC price, they couldn't tell when and how it would hit the price in the future.

Obviously, we're all guessing; some do so blindly and some do so in an educated manner.

The thing with predictions is that people rub it in your face the moment they are right, but no longer talk about it when they are wrong. By doing so it might seem like certain individuals know what they are talking about, but that's merely because they only show up when they are right.

I have even seen TA people on social media delete posts/articles/videos where they were wrong to keep their ratio of being correct as high as possible. It's one big shitshow.
legendary
Activity: 3136
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
July 05, 2019, 05:38:54 AM
#16
3 years ago Tim Draper predicted Bitcoin at $10,000. 1 year ago he said, bitcoin to hit $250,000

the problem of this prediction is the argument he used, he said:

Never heard of Tim draper guess am not a big fan of price prediction.

This is another strange thing, I suppose you do not read the news
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
July 05, 2019, 03:51:27 AM
#15
Every predictions should be respected, and if you find it disturbing just don't react. If we do our own efforts of seeking for good understanding and ideas of course we won't believe to what other says. Be at your own company and don't bother of someone who could contribute to the mistakes you have committed on trading.

The problem comes when these predictions sort of manages to "bait" some people into buying bitcoin because "the expert on CNBC said it will go to the moon!", and then, the price instead goes the other way. I know, they shouldn't listen to other people for financial advise, but still; I'd rather hear the Antonopoulos response when talking about price: "the price in 202x will be between $1 and $1,000,000"(non verbatim). As to give people realistic expectations with price.

I'd rather hear these people talking about the positive things bitcoin can do.
sr. member
Activity: 882
Merit: 282
July 05, 2019, 02:37:05 AM
#14
Prediction is allowed but you should not invest base on the information you get online. The best way to invest is always through your personal research and analysis. I have decided to invest after the convention on the next market move through my personal analysis /research. So many people have said one thing and another but it is good that you accept what is actual and stop depending on other predictions about the next bitcoin actions.
full member
Activity: 476
Merit: 101
July 05, 2019, 02:14:53 AM
#13
I am really enjoy reading the bitcoin prediction articles written by those who called expect and analyst,

Correct: Tim Draper – $10,000 (by 2018)
Correct: Mike Novogratz – $10,000 (by April 2018)
Tom Lee – $91,000 (by 2020)
Ronnie Moas – $50,000 (2020)

For me, they just got lucky, even they equip with lots of tools for monitoring the daily activities and changes in BTC price, they couldn't tell when and how it would hit the price in the future.
 
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