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Topic: Predictiing Cryptocurrency price.. Is it possible? (Read 4131 times)

sr. member
Activity: 1344
Merit: 311
SecureShift.io | Crypto-Exchange
I believe that the maximum that can be predicted is what will happen in a month.  And it will not be very accurate.  Cryptocurrency is not regulated by anyone.  It can not be predicted if even very strongly want this.
right what you say in your opinion because in my opinion the development of the crypto currency depends on the investors themselves because we cannot predict the future development of crypto currencies and it takes confidence and patience to invest in crypto currencies
full member
Activity: 574
Merit: 100
For me in my opinion, predicting cryptocurrency price is very hard you can observe what will happen of the price but you can't predict it specially the price is very volatile but if you have a power to read the future surely it is possible lol.
member
Activity: 431
Merit: 18
One big lesson that the market price movement in the year 2018 has taught me is that no one is really capable of predicting the price of cryptocurrencies and this is often because the market is so large and often too volatile.
The prices can be influenced by creating FOMO, FUD and similar emotions through the news but no one can accurately predict the prices of the coins
member
Activity: 471
Merit: 10
Cryptocurrency is volatile which makes it possible for one to predict the price of it. This makes it quite difficult but if you want to invest, then I suggest you study the market and know the current trend before investing.
it can be predicted but it doesn't have to be true because its movements often change rapidly.
we estimate because we see the current market conditions and for the future nobody knows.
to do whatever we have to check the truth, learn that it is important to increase knowledge.
full member
Activity: 467
Merit: 100
Cryptocurrency is volatile which makes it possible for one to predict the price of it. This makes it quite difficult but if you want to invest, then I suggest you study the market and know the current trend before investing.
copper member
Activity: 76
Merit: 0
CAT.EX Exchange
We can't predict cryptocurrency market with based of only 2 criteria historical volume trends and historical price trends.
Because this is unpredictable market and it can changed a dramatically that we can't imagine.
In other words, the price of cryptocurrency is influenced by many things not just price history, there are many aspects that affect prices,
even the economy of a country can be an influence on the crypto market. Thats why sometimes prices on the market are unpredictable..
I strongly agree with you. Because not just we are keeping an eye on the development. But also we can also care for the price hike and price loss of some major coins like bitcoin and ethereum. Because changes on price to those coins can affect the price of the coin also.
full member
Activity: 1008
Merit: 101
Of course it can be done but indeed this cannot be for 100% accuracy in predicting current market conditions. because the movement from the market can not be guessed at all the increase or decrease significantly.
Yes no one can tell us about the exact price but we can make some predictions according to the movement of the market, so when more people start buying bitcoin it makes the price of crypto currency become higher, it is all about number of users as when more people buys so demand rises so does the price and using this method according to my predictions price of bitcoin will be more than 10k at the end of 2019.
newbie
Activity: 53
Merit: 0
We can endlessly argue, whether cryptocurrencies will rise or fall in 2020. But I prefer to check the crypto analysts' price prediction. For example, I found some coincidences in the BCH price predictions for 2019-2025.
copper member
Activity: 966
Merit: 14
One of the factors to always bear in mind is market emotions which is mostly caused by bad news then panic selling. When this happens the price of cryptocurrencies changes.
This is one of the reason I don't think cryptocurrency price predictions works because there are always factors affecting it.
hero member
Activity: 1470
Merit: 504
Of course it can be done but indeed this cannot be for 100% accuracy in predicting current market conditions. because the movement from the market can not be guessed at all the increase or decrease significantly.
member
Activity: 276
Merit: 10
As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

Anyone who predicts cryptocurrency price is only making guesses either to lure people and make money or just for selfish purposes. It's never possible in my opinion unless if course one gets firsthand information from the whales who are said to control the market..
member
Activity: 191
Merit: 10
Predicting the price of tokens for the future is very possible, the way is we look back at the price data that occurred in the previous year.
we take the example of BTC, in 2013 BTC grow very high for that time and at that time a year after halfing, in 2017 BTC back to grow a high same like 2013.
therefore we can predict that BTC will grow high again in 2021 after halfing in 2020.
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

It is really what you say. We can very easily predict the price of crypto currencies. We know that the price of this crypto currency is always moving and changing. These movements and changes are always dynamic so we can predict the price of crypto currencies after we look at the historical price chart of crypto currencies. It is true that the nature carried by the crypto currency is not the main determining factor. Technology carried by crypto currencies is also not a major factor. The volume of crypto currencies and the history of price movements are more important and it is possible to predict the price of crypto currencies. The supply and demand for the crypto currency affects the price of the crypto currency rather than the real benefit brought by the crypto currency itself.
member
Activity: 314
Merit: 10
“A nexgen decentralized ride hailing ”
according to what I noticed as we can predict what the price of Bitcoin will be.  for example, we can predict Bitcoin will be worth $ 10k or $ 20k and surely the price of Bitcoin will be there.  but there is something we cannot predict, which is when Bitcoin will be worth $ 10k or $ 20k.
Bitcoin, in my opinion, remains a star of cryptocurrency, with the green bull market and prospective always pushing up crypto prices. This is a fact that becomes a benchmark for crypto business people so they always see the development of bitcoin prices to predict altcoin price increases.
My prediction until the end of this year is that Bitcoin reached a price of USD 13000, because to this day bitcoin has been valued at USD 8056, and the future prospects are still wide open to raise prices, this is due to the slowly changing community assumptions about bitcoin digital currencies.
jr. member
Activity: 331
Merit: 1
If cryptocurrency could be predicted, by now it would have come  to and end. Even some factors in the technical analysis like reading of graph Elliot wave theory etc can't be Used as a single factor to predict the price of cryptocurrencies. Rather it could be combined with other factors to help in the assumption of the price which sometimes fails.
jr. member
Activity: 192
Merit: 1
On a serious note, one can't adequately predict the price of cryptocurrency because it's highly unstable and things can change at any time but be that as it is one can still be able to know its trends base on things happening per time.
member
Activity: 532
Merit: 10
Bountyhive.io
prediction is just an analysis of trends and perception of the predictor. I don't think anyone can really predict what will happen in the crypto world. it is always based off something and when that thing changes the prediction will go wrong too. For me, I don't believe in any prediction
full member
Activity: 486
Merit: 100
I believe that the maximum that can be predicted is what will happen in a month.  And it will not be very accurate.  Cryptocurrency is not regulated by anyone.  It can not be predicted if even very strongly want this.
full member
Activity: 406
Merit: 101
It is very difficult to predict something in the world of cryptocurrency.  Because no one knows the truth how it will be valid.  But as for me, the market situation is being set up and I think that such growth will continue.
newbie
Activity: 59
Merit: 0
I think it is possible to predict cryptocurrency price but never in 100%. This market's features are instability and risk, always remember that. But, in the course of time traders become more experienced and they have got a sufficient knowledge which helps them to predict some fluctuations. It's a matter of time.
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