Author

Topic: Modelling Bitcoin price (Read 740 times)

legendary
Activity: 2436
Merit: 1561
April 13, 2015, 04:57:03 AM
#7
cool, but what meaning of the model? it is impossible to predict the price

As stated on the website:

Quote
Mission Impossible: Modeling a market price. This is a Simple Linear Model - Alpha Version - For Education Purposes Only

It's not very likely you'll make an accurate price prediction using this tool, but there's no harm in trying.

The purpose is rather to give you an idea what the price could be (not will be) if some criteria are met (ie if BTC takes over x% of gold market etc).
full member
Activity: 219
Merit: 100
April 13, 2015, 04:23:31 AM
#6
cool, but what meaning of the model? it is impossible to predict the price
legendary
Activity: 2436
Merit: 1561
April 13, 2015, 01:19:04 AM
#5
interesting site!

but no adverse factors?

There are a few (scroll down), such as Regulation Pressure, Merchant Pressure,Risk of Failure etc. You can also add your own variables.
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
April 12, 2015, 11:21:34 PM
#4
interesting site!

but no adverse factors?
hero member
Activity: 924
Merit: 1000
April 12, 2015, 12:56:45 AM
#3
It's a pretty cool toy, nice find.
legendary
Activity: 1442
Merit: 1188
April 11, 2015, 10:33:15 PM
#2
D'Angelo makes some great vids. If you haven't watched them, make a weekend of it and go on a marathon. Even if you think you already know a ton about bitcoin you're still likely to learn something.
legendary
Activity: 2436
Merit: 1561
April 11, 2015, 04:38:27 PM
#1

Found this recently on world bitcoin network youtube channel if anyone wants to play with it:

http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html

Simple piece of software (alpha) for modelling price of Bitcoin.

Explanation on how it works (and how to add/remove options) in this video (best to watch it first):

https://www.youtube.com/watch?v=g2nXgK34HIM

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