How do you estimate the value increase of bitcoin? - page 2.

bitbunnny

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Quote from: ReLieD on February 28, 2017, 08:15:52 AM

The prices of bitcoin or the increase in the prices of bitcoin are just similar to that how the prices of your country currency increase.
So basically it depends on the growth of the particular currency. The more it develops the more it's prices will increase.
And also you can watch the graph and watch how it has grown over the years.
Like I know why you wanted to ask this question , as you want to buy bitcoins and sell them when the prices rise again.
But mostly you can predict without knowing much. For eg if the prices rise too much ,
Then the people will sell their bitcoins which would lead for the prices to fall.
Then people will buy more bitcoins and then it will increase. This process keeps continuing.

I agree, but partialy, because Bitcoin price doesn't depend exclusively on the supply and demand. There are also other factors on the market and you can't exclude the situation in China too. So, no matter how easy and logical it seems and looks you have to calculate all available information but still you could go wrong.

ReLieD

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The prices of bitcoin or the increase in the prices of bitcoin are just similar to that how the prices of your country currency increase.
So basically it depends on the growth of the particular currency. The more it develops the more it's prices will increase.
And also you can watch the graph and watch how it has grown over the years.
Like I know why you wanted to ask this question , as you want to buy bitcoins and sell them when the prices rise again.
But mostly you can predict without knowing much. For eg if the prices rise too much ,
Then the people will sell their bitcoins which would lead for the prices to fall.
Then people will buy more bitcoins and then it will increase. This process keeps continuing.

Dudeperfect

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Quote from: BrewMaster on February 27, 2017, 12:03:00 PM

Quote from: Dudeperfect on February 27, 2017, 10:59:58 AM

Quote from: upsidedown75 on February 27, 2017, 02:52:15 AM

Quote from: xuan87 on February 26, 2017, 07:01:51 PM

There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Yes, charts kind of technical analysis tools are only the reliable ways to predict the value increase of bitcoins.

Not just bitcoin trading, everywhere we can use technical analysis to predict almost 80% accurately and interestingly we can predict well in advance. Candlestick pattern recognition and moving averages are few accurate technical analysis tools and I am using them for my bitcoin trading price estimations and I making decent profits.

Yes, I use technical analysis sometimes but to be honest, I am a big fan of fundamentals. I am less trader and more investors so I usually refer to the fundamentals as investments are usually for the long period. Technical analysis gives good results for trading for the short term.

i am also more of a fan towards fundamental analysis, and i do it too. and also i believe that technical analysis is far less accurate and you can never rely on it for your speculation. you always have to mix it with so many other stuff you get from different sources. if you rely on your analysis alone, you will soon find yourself losing and making bad speculations.

Relying on a single source without bothering others, is not recommended. One should follow the same type of signals or analysis but on the other hand, he should match his results with the other possible methods to make sure that he is going in right direction. There is a fundamental difference between relying on and following.

Question123

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Quote from: xuan87 on February 26, 2017, 07:01:51 PM

There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Yes bro I agree with you, no one else or anyone who can predict the price of bitcoin even if Mr. Satoshi the founder of bitcoin no idea what happen in the next hour,day or month or even in a year. Yes I think bitcoin will increase also when the holiday is coming because most of people buy bitcoin to use payment in online store to buy gifts for their family or anything in online store. I think halving is increasing bitcoin price also but don't depends on halving sometimes why bitcoin price is increase because on the market when people buy bitcoin so the price is increase when people sell decrease . No one know what happen in bitcoin.

Question123

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Quote from: xuan87 on February 26, 2017, 07:01:51 PM

There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Yes bro I agree with you, no one else or anyone who can predict the price of bitcoin even if Mr. Satoshi the founder of bitcoin no idea what happen in the next hour,day or month or even in a year. Yes I think bitcoin will increase also when the holiday is coming because most of people buy bitcoin to use payment in online store to buy gifts for their family or anything in online store. I think halving is increasing bitcoin price also but don't depends on halving sometimes why bitcoin price is increase because on the market when people buy bitcoin so the price is increase when people sell decrease . No one know what happen in bitcoin.

BrewMaster

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Quote from: Dudeperfect on February 27, 2017, 10:59:58 AM

Quote from: upsidedown75 on February 27, 2017, 02:52:15 AM

Quote from: xuan87 on February 26, 2017, 07:01:51 PM

There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Yes, charts kind of technical analysis tools are only the reliable ways to predict the value increase of bitcoins.

Not just bitcoin trading, everywhere we can use technical analysis to predict almost 80% accurately and interestingly we can predict well in advance. Candlestick pattern recognition and moving averages are few accurate technical analysis tools and I am using them for my bitcoin trading price estimations and I making decent profits.

Yes, I use technical analysis sometimes but to be honest, I am a big fan of fundamentals. I am less trader and more investors so I usually refer to the fundamentals as investments are usually for the long period. Technical analysis gives good results for trading for the short term.

i am also more of a fan towards fundamental analysis, and i do it too. and also i believe that technical analysis is far less accurate and you can never rely on it for your speculation. you always have to mix it with so many other stuff you get from different sources. if you rely on your analysis alone, you will soon find yourself losing and making bad speculations.

Dudeperfect

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Quote from: upsidedown75 on February 27, 2017, 02:52:15 AM

Quote from: xuan87 on February 26, 2017, 07:01:51 PM

There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Yes, charts kind of technical analysis tools are only the reliable ways to predict the value increase of bitcoins.

Not just bitcoin trading, everywhere we can use technical analysis to predict almost 80% accurately and interestingly we can predict well in advance. Candlestick pattern recognition and moving averages are few accurate technical analysis tools and I am using them for my bitcoin trading price estimations and I making decent profits.

Yes, I use technical analysis sometimes but to be honest, I am a big fan of fundamentals. I am less trader and more investors so I usually refer to the fundamentals as investments are usually for the long period. Technical analysis gives good results for trading for the short term.

royalfestus

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Quote from: digaran on January 24, 2017, 11:45:50 PM

First we find which country has cheapest electricity and then calculate the cost of mining and difficulty increasing effect on speed of mining and ROI.

In recent time I dont think this is been considered and more relevant with transaction fee than bitcoin value

Quote from: digaran on January 24, 2017, 11:45:50 PM

Also depends on demand volume, some days in a month when demand is low price drops because supply isn't reduced..

Most news lately states possible increase in demand that will increase price due controlled supply

upsidedown75

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Quote from: xuan87 on February 26, 2017, 07:01:51 PM

There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Yes, charts kind of technical analysis tools are only the reliable ways to predict the value increase of bitcoins.

Not just bitcoin trading, everywhere we can use technical analysis to predict almost 80% accurately and interestingly we can predict well in advance. Candlestick pattern recognition and moving averages are few accurate technical analysis tools and I am using them for my bitcoin trading price estimations and I making decent profits.

coynedterm

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Quote from: traderMax on January 24, 2017, 03:14:16 PM

Bitcoin price is not fixed. The price of bitcoin has a high fluctuating structure.
Can you predict the increase or decrease in bitcoin price?

Actually the prediction of price is a most complicated job for anyone , If the mr ,satoshi came in front of you and If you ask about the future price of the bitcoin then I am.100% sure that he can't predict about it .
So here I will say that take your eye attention at every big moments in the bitcoin . Because big movements in the bitcoin always results into the effect of demand in the bitcoin . And it is simple that if the demand of the bitcoin will fluctuate then the price also .

Zadicar

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Bitcoins price is really volatile and i would say no one could able to know on what would be its price in the next seconds,minute,hour,days,months and years. Reading above they are basing on technical analysis which is somehow a thing we should not depend on and also if we could able to predict the price movement then might all traders are profiting always.

Wowcoin

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Quote from: xuan87 on February 26, 2017, 07:01:51 PM

There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Yeah your right no one will predict the price. Its depends to the buyer and hoders of bitcoin once the big holder want to sell bitcoin i think it will goes down so nothing can know when the price go down and up.

xuan87

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There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Bitcoinsummoner

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In my own experience there is no assurance that you can predict the exact amount , but you can estimate what will be the price of bitcoin..
We have a good tools like bitcoinwisdom is a great tool where you can use the tools like line and break points..
And using some strategy like tier 1 to tier 5 with different margin can also makes you good profit if you know how to manage your trading strategy..
There is no exact estimation but you can make a huge profit if you know what you are doing..

grandy

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Quote from: BlackPanda on February 25, 2017, 07:31:17 PM

we can not predict the price movement bitcoin. bitcoin prices move very quickly and are influenced by various circumstances. would need a strong analysis in order to predict the future price of bitcoin.

yes that is right to say that it is difficult to predict the price of bitcoin but i think now as soon as the price of bitcoin is becoming more and more stable it is becoming easy to predict the rice of bitcoin because now we can see that there is no such a big panic selling when the price start decreasing.

xIIImaL

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Quote from: BlackPanda on February 25, 2017, 07:31:17 PM

we can not predict the price movement bitcoin. bitcoin prices move very quickly and are influenced by various circumstances. would need a strong analysis in order to predict the future price of bitcoin.

Value of the bitcoin bump and dump due to it supply and demand. Many of domains coming under the name bitcoin and many ecommerce site are creating in the name of bitcoin. It means many businesses were accepting bitcoin. This might be reason for this sudden bump in this month. Hoping it move to large amount before this year ends.

Pamadar

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Quote from: BlackPanda on February 25, 2017, 07:31:17 PM

we can not predict the price movement bitcoin. bitcoin prices move very quickly and are influenced by various circumstances. would need a strong analysis in order to predict the future price of bitcoin.

With certain fluctuations and more with speculations, movements between weak holders and whales also needed to assess wisely as we cant say whether theres really strong basis why bitcoin moves.

emezh10

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Yes. By the law of supply and dand tou can know and control the market value of the bitcoin. If many people buy bitcoins the price will pump up and ifamy people sell their bitcoin the price will drop or dump. Because of the supply and demand. And if you have the 50% stocks of bitcoin you can control it and earn just by selling and dunping so better to save bitcoin now because as time pass byamy peoples will use bitcoin for their daily lives.

BlackPanda

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we can not predict the price movement bitcoin. bitcoin prices move very quickly and are influenced by various circumstances. would need a strong analysis in order to predict the future price of bitcoin.

JeffBrad12

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Quote from: MoneyIsDebt on February 25, 2017, 12:40:51 PM

Quote from: blakegrr on January 24, 2017, 09:50:26 PM

i think the value of bitcoin cant be predicted, as bitcoin is very volatile, it the value of bitcoin is changing from time to time. so better checking the price of it every hour so you would know the price increase of bitcoin every hour. you can also check the graph for better.

yeah i think the value is keeps on increasing day by day and i think no one can predict its price exactly so, i think after one years its price become upto double than it is now....

The price can be speculated, i can do it through reading about the bitcoin news and in this time such as SEC and bitcoin etf. That gives a clue for us about the pumping session of bitcoin in this time. Well, a lot of the analyzation have needed.

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