how to predict bitcoin price increase or decrease? - page 42.

xFiber

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Quote from: Ayiranorea on October 05, 2017, 11:10:56 AM

Quote from: Heacygg on October 05, 2017, 11:02:17 AM

Quote from: gokudera on October 03, 2017, 10:05:33 AM

Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I think it is hard to predict if the price of bitcoin will inreace or decrease as you can see it is in Internet World where all things become faster that usual. In that case, you can assume but it is hard to predict.

the prediction of bitcoins is that you should buy bitcoins as much as you can because in future the prices of bitcoins will be too high even more then your expectations the prices of bitcoins will always go higher it will never get down as millions of people are trusting in bitcoins.

As in the above quote, the price increases high over years. This is set to be an confirmed statement, because large number of people are getting into bitcoin regularly. This will increase the volume of bitcoin into circulation which is required to make the price go higher and higher.

A lot of people base their investment policy on this way of thinking so do I. But if you're not looking at the long term it's very hard to predict price movements, atleast consistently because you have a 50% chance that you will get it right.
However there are indicators and fudemental facts that some of us utilize to make a rational guess as to what the price will be in, let's say, the time span of a week. These indicators being news, announcements etc. On the other hand you also have fundemental facts. If the price crashes 'hard' you know that at some point (most of the times an old resistance or support level) traders will start buying the dip. For example, the china dip. At around $3200 people really started stocking up on there bitcoins before hitting a low in the high 2900s. Now we're trading at 4300$ again. If you bought in at $3100 you nearly made 40% on your investment in a week or two.

Ayiranorea

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Quote from: Heacygg on October 05, 2017, 11:02:17 AM

Quote from: gokudera on October 03, 2017, 10:05:33 AM

Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I think it is hard to predict if the price of bitcoin will inreace or decrease as you can see it is in Internet World where all things become faster that usual. In that case, you can assume but it is hard to predict.

the prediction of bitcoins is that you should buy bitcoins as much as you can because in future the prices of bitcoins will be too high even more then your expectations the prices of bitcoins will always go higher it will never get down as millions of people are trusting in bitcoins.

As in the above quote, the price increases high over years. This is set to be an confirmed statement, because large number of people are getting into bitcoin regularly. This will increase the volume of bitcoin into circulation which is required to make the price go higher and higher.

Heacygg

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Quote from: gokudera on October 03, 2017, 10:05:33 AM

Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I think it is hard to predict if the price of bitcoin will inreace or decrease as you can see it is in Internet World where all things become faster that usual. In that case, you can assume but it is hard to predict.

the prediction of bitcoins is that you should buy bitcoins as much as you can because in future the prices of bitcoins will be too high even more then your expectations the prices of bitcoins will always go higher it will never get down as millions of people are trusting in bitcoins.

eye-con

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its really hard to predict the price of bitcoin if it will increase or decrease. i've been here 4 months from the day i started. and i've studied trading to learn more, but i hardly expect or predict if bitcoin will increase or decrease its price.

CoinChili

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Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I think this question resembles of asking the public how to make money on bitcoin, some are so generous to give their valuable information, however your question is everybody's question too, so I guess it is on us ourselves to find out how to properly predict bitcoin prices.

hajimasan

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Quote from: khaled0111 on October 05, 2017, 05:30:04 AM

"Some analysts believe its price will continue to rise over the next few years following its recent split into two different cryptocurrencies in an event known as “hard fork”."
As most members answered, no one can predict Bitcoin price since many factors can affect the price. If you know about the butterfly effect you can understand what I am talking about "small causes can have larger effects".
Anyway, even if someone can predict what the price of Bitcoin is gonna be, I don't think he will tell us about it.

I agree , And also there are Many factors which can help you to predict whether what will happen with the bitcoin price at next hour and next day .
Sometimes a type of rumours get Viral in the market of the cryptocurrency then the price of the coin fluctuate much ( most of the stupid rumours are off negetive only and results into Down in price ).
Here you can understand well by the example of china , where the official announcement was for the ban of ICOs exchange only but rumour was of the ban of bitcoin , but in actual a big part of the china population dependent upon the bitcoin , so it was the clear thing that why the government of china will ban bitcoin , so at that time it was sure that the price will rise and there was big chance to buy bitcoin and make profit and also people made profit .

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"Some analysts believe its price will continue to rise over the next few years following its recent split into two different cryptocurrencies in an event known as “hard fork”."
As most members answered, no one can predict Bitcoin price since many factors can affect the price. If you know about the butterfly effect you can understand what I am talking about "small causes can have larger effects".
Anyway, even if someone can predict what the price of Bitcoin is gonna be, I don't think he will tell us about it.

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Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I don't think there's a reliable way to predict when the price of Bitcoin will go down or up,it's very volatile market, and each one has a chance to lose and make a profit, but all experts are predicting the price of Bitcoin to go up and time have proven that.

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Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

when i read to google article about that prediction of price of the bitcoin i'll read it depend on how the internet used and its incredibly fast the rising up of the bitcoin. and today, the value of bitcoin is rising again up to 0.03 % . but in my opinion.its definitely difficult how to predict the price of bitcoin if it increase or decrease because we know that the value of bitcoin is unstable. sometimes it goes up or its falling down. but in my mind, i think the value of bitcoin will falling down because now the bitcoin is rising up and because its unstable it is possible to happen next week/month is to falling down again.

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Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

Bitcoin is worldwide nobody can predict the decrease and increase of bitcoin neither can control it. Its all about the situation. You should keep eye on news which can effect on crypto currencies price. For example China banned the ICO which effect hard on crypto currencies price.

Bitcoin prices mostly go up or down on rumors and if you can seek bitcoins news early, you can make a good decision of buy or sell.

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Its really a hard thing to predict the price. Because the holding of a persona may not be known and its his wish to buy or sell. We can predict on major events but in day to day trading its near to impossible.

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The price of bitcoin it depend on the transaction of buy and sell of the price of bitcoin. The bitcoin price is decrease because their is updating of blockchain.

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Quote from: lovesybitz on September 28, 2017, 01:45:38 AM

Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

When it comes to predicting the price value of bitcoin, this is very hard to do actually. None of the community in this industry are not capable to predict it precisely. Because the movement of the value was depend in the demand of the users and investors.

Yes exactly it happens. One can’t predict the tomorrow of bitcoin price in fact. But don’t you think we have many analysis tools and our own mental analysis of price charts can predict what will happen tomorrow.

That is right that even this prediction would be of no authenticity but still things may happen in 50 50 ratio. Or even better in your regard.

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Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

Prediction is quite possible base on news related to cryptcurrency ,which might increase or decrease the demand, ultimately determine the price,also I observe that there I always areduction in price during festive period of various countries, because people tend to demand for fiat during this period, reason why sale increase and a reduction in price.

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Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I think bitcoin prices have an effect on many or at least people who buy and sell bitcoins. if many people buy bitcoin then the price will go up, but if many people are selling than on buying bitcoin then the price will go down.

Ayaancool

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Bitcoin is fully based on the economic conditions and the up and down of the currency rate . continues studies and varifying is the only way to make a good prediction and also our luck Roll Eyes

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Quote from: Zrs on September 25, 2017, 02:02:34 AM

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who control this price.I appreciate if you kindly share your experience.

You can predict bitcoin fluctuation by being updated on the news. If the news is negative the price usually go down and if positive it goes up. You also need to access the chart. Too high pumps usually goes down. No one controls the price because bitcoin is decentralized.

staff_1307

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If you want to anticipate possible fluctuations of the exchange rate in one direction or another, you should monitor the news daily, track changes in the trend, dynamics, analyze the information received, and, most importantly, do not be afraid to make quick decisions. Because only so, you will be able to respond to changes in the course.

valentin68

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I will tell you how I started. I remember that for 2-4 months I read what all indicators predict. Then I read all I could read from some websites about the market. Then little by little I began to understand that when there is a big price change you should buy (or sell) and when the price does not change you should hold your assets. The market is very unpredictable, and because of this you will not learn to predict the bitcoin price so easely. But little by little, learning you will succeed. It will take you 4-6 years until you will have sufficient experience.

daenarys_stormborn

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I think it is impossible to predict the movement of bitcoin, because there are so many things that can affect the rise and fall of bitcoin, especially as china banned ico, is a very unexpected thing

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