Is there formula for bitcoin price ?

Negotiation

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Quote from: maplelake on December 25, 2019, 07:25:11 PM

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

I don't think Bitcoin has any clue Bitcoin is a digital currency and it is not controlled by anything depending on the state of the market and how it will be used by the user The price is lower but with the investment it can be profitable as demand increases.

Sanugarid

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Quote from: maplelake on December 25, 2019, 07:25:11 PM

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

On my view, I don't think bitcoin has a certain formula. It usually depends on the demand and blockchain consuming. I usually base my predictions on the law of supply and demand wherein whenever the demand rises, the supply decreases and the price goes high which makes it a good opportunity to start selling. I think instead of focusing on the formula, we need to focus more on monitoring the value of bitcoin to know when are the best time to sell and buy.

Bohxz M4p4gm4h4l25

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Quote from: maplelake on December 25, 2019, 07:25:11 PM

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

I don't think there is. The bitcoin ecosystem was purely base and affected by the users. Its price was dependent on the behaviour of the users.

For example when the market seems bad and the panic arises, people will probaly get their investment and put it on something else. These behaviour will drastically decrease the price of bitcoin because they are converting it to something else and vice versa.

Bitcoin price relies to the hype of it like what happen in 2017 where every people was interested and buying bitcoins.

Subbir

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Quote from: maplelake on December 25, 2019, 07:25:11 PM

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

There is no formula for bitcoin pricing and it's not governed by any model. Bitcoin is sustained counting on the market situation. the worth of bitcoin has fluctuated but nobody can control it counting on the demand for investment repeatedly the market whales have come down the worth.

wheelz1200

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As others have stated before it's a basic theory, the price is driven by supply and demand. When there is more supply than people qillmarket sell which will drop the price and vice versa. Before markets were created people used generation cost to price bitcoin but there is a robust amount of volume to use now instead of theoretical pricing methods.

ronbennett_

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Quote from: maplelake on December 25, 2019, 07:25:11 PM

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

Never thought of a formular. Great idea but I think it is difficult to create one as bitcoin is just doing moves like it wants. The formular probably needs to be adjusted daily/hourly and at the end there will be no correct formula.

el kaka22

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TA is a way to calculate what the price of bitcoin "should" be and not what it "will" be because those are different things. Unfortunately in bitcoin world there are many things that can't be calculated and that is why TA most of the time turns out to be wrong, there hasn't been a single TA that could find what the bitcoin price will be like constantly, sometimes they are right and sometimes they are wrong and you never know when it will be right and when it will be wrong.

TA is only good to understand what bitcoin should do and sometimes bitcoin does exactly what it should do which is when you make a profit, that is the good part of TA and why everyone should learn how to do it, sometimes it doesn't do what it should do and that is when you lose money, that is fine because you can't always be right in finance.

imstillthebest

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Quote from: Google+ on February 19, 2020, 02:39:31 AM

Quote from: Kasabus on February 18, 2020, 07:39:46 PM

Quote from: Ronaldcoin2017 on February 17, 2020, 02:52:28 AM

I think there is no accurate formula for the bitcoin price. It is really high on volatility that even expert cannot predict the price on it. Its price always change depending on the market volume it is about the supply and demand.

Yes. There is no specific formula in determining the exact price of bitcoin as it is more dependent on the law of supply and demand. Current news and events will also give impact to the price of bitcoin whether its positive or negative. Those massive pumps and dumps are expected most of the time since the market has always its flaws because of its volatility.

that means no one can control the movement of bitcoin prices because bitcoin prices depend on the interaction of buyers and sellers at exchange sites from all over the world so it is difficult to be able to know the movements of bitcoin prices will go up or down, if you often see predictions that use line drawings trading then it just trying to apply price movements from various sources of theory and no one gives a guarantee of correct predictions.

but still people keeps on following t.a . it could be t.a by others or by them selves but you said these cant guarantee correct predictions ? hmm but maybe they work for them . i dont only agree with you when you said no one control the price because we can control the price , people or whales can up or down the price as long as you will be buy a good amount of coins you can move it depending on your own likings . i think its possible to talk with these guys if what move they will do next so that we have an edge if what to do next

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Quote from: Kasabus on February 18, 2020, 07:39:46 PM

Quote from: Ronaldcoin2017 on February 17, 2020, 02:52:28 AM

I think there is no accurate formula for the bitcoin price. It is really high on volatility that even expert cannot predict the price on it. Its price always change depending on the market volume it is about the supply and demand.

Yes. There is no specific formula in determining the exact price of bitcoin as it is more dependent on the law of supply and demand. Current news and events will also give impact to the price of bitcoin whether its positive or negative. Those massive pumps and dumps are expected most of the time since the market has always its flaws because of its volatility.

that means no one can control the movement of bitcoin prices because bitcoin prices depend on the interaction of buyers and sellers at exchange sites from all over the world so it is difficult to be able to know the movements of bitcoin prices will go up or down, if you often see predictions that use line drawings trading then it just trying to apply price movements from various sources of theory and no one gives a guarantee of correct predictions.

Kasabus

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Quote from: Ronaldcoin2017 on February 17, 2020, 02:52:28 AM

I think there is no accurate formula for the bitcoin price. It is really high on volatility that even expert cannot predict the price on it. Its price always change depending on the market volume it is about the supply and demand.

Yes. There is no specific formula in determining the exact price of bitcoin as it is more dependent on the law of supply and demand. Current news and events will also give impact to the price of bitcoin whether its positive or negative. Those massive pumps and dumps are expected most of the time since the market has always its flaws because of its volatility.

Sanugarid

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Quote from: maplelake on December 25, 2019, 07:25:11 PM

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

For me, there is no certain formula on bitcoin's price. Bitcoin's value has no certain formula, its value is changing in an unpredictable manner all the time. If you really want to identify the changes on its value, it would be best if you would monitor the value as time passes by to know what are the best possible ways on how you can make the most from your investment. I don't think there is a popular model or formula to identify bitcoin's value which leads us to the conclusion that's the best way to know bitcoin's price is to see the movement on its price time passes by.

thottum

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Definitely there is no formula for the BTC price movements everyone just comparing the past price movements and expecting the same now. The bitcoin market has matured a lot when compared to 2017. Most of the people in the world have heard about BTC at least once so getting them back to crypto is not an easy task and it depends on the basis of the law of supply and demand. so the past price movements help a bit for prediction based on the technical analysis which is just a probability game as in the stock market and nothing more than it.

Ronaldcoin2017

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I think there is no accurate formula for the bitcoin price. It is really high on volatility that even expert cannot predict the price on it. Its price always change depending on the market volume it is about the supply and demand.

Tylev

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For a decentralized cryptocurrency, there can be no formula for its value. The only formula is the higher the demand and the lower the supply, the higher its price. A decentralized cryptocurrency is still a pretty risky financial asset. No one can yet be sure of its survivability, because for the time being this is a completely new phenomenon, which practically contradicts our previous ideas about the laws of the economy. Only after a significant period of time will it be possible to say whether cryptocurrency will take root in our world.

iv4n

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Quote from: Negotiation on February 15, 2020, 05:01:31 AM

Quote from: Rafael_Carrero on February 15, 2020, 03:31:12 AM

Actually there is no formula. Have you ever found 100% correct Bitcoin price prediction? No, so there is no formula.

I do not know if there is a formula for the price of bitcoin but I once heard that the price of bitcoin is usually controlled by market whales. These are the reasons for the price fluctuations By analyzing every price man, they increase the price.

Whales can manipulate with the market, it's not a secret. Market manipulations are a common thing on every market, crypto market is maybe more vulnerable because low market cap (generally it's low, 180B is a bitcoion market cap, if group of whales get together with just 10% of that they can manipulate with the market).
With so many manipulations from whales, groups that get together, independent traders, trading bots, with 24/7 market that never sleeps its impossible to create a formula for predicting the price movement. Changes can happen while you sleep, and I mean big changes. Fluctuations in crypto market are so high that you can either earn from them in short term, or to simply believe in the future of some projects and just hold.

Blackdeath

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Quote from: maplelake on December 25, 2019, 07:25:11 PM

I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?

I think this formula won't be really effective to know and predict the possible bitcoin's price because there are no any accurate measures when will bitcoin increase or decrease it's price. The reason why bitcoin is very hard to predict due to it's votality that no one can really say what will be the next move of bitcoin.

Negotiation

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Quote from: Rafael_Carrero on February 15, 2020, 03:31:12 AM

Actually there is no formula. Have you ever found 100% correct Bitcoin price prediction? No, so there is no formula.

I do not know if there is a formula for the price of bitcoin but I once heard that the price of bitcoin is usually controlled by market whales. These are the reasons for the price fluctuations By analyzing every price man, they increase the price.

Rafael_Carrero

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Actually there is no formula. Have you ever found 100% correct Bitcoin price prediction? No, so there is no formula.

Clairvoyance

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Quote from: maplelake on December 25, 2019, 07:25:11 PM

My question is is there other popular model/formula about it ?

There are no current formula for bitcoin prices due to its volatility and increasing number of holders. The basic knowledge of supply and demand only give you a glimpse of what are the factors that affects Bitcoin's prices. Also, take in consideration such parameters in relation to Bitcoin's price change: exchanges hacks, whales, forks, pump and other stuffs. Therefore, you can't actuate the price at any given time by the use of equation but you can relatively estimate where the prices would be by looking at the chart and analyzing it.

Hallmader

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Quote from: princesspoppy on January 19, 2020, 08:49:25 PM

I don't think any formula will give us the exact price of bitcoin everytime it changes. It is known that bitcoin is volatile, changing prices everytime - after a second, minute or hour. It is because there are many factors that affect bitcoin's price. Knowing these factors can be a key to know the formula, but it is very hard or can be said as impossible.

It is impossible to catch the exact price through a formula. But I guess it is possible to know whether the price is going to increase or decrease with the use of a formula.

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