PREDICTION IS SOMETIMES LIKE A FALSE PROMISE - page 2.

Whosdaddy

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Quote from: microbb8 on April 14, 2019, 01:05:20 PM

All expert predictions are fortune teller games. If you can not influence the course of Bitcoin. Then you play probability games. The course of Bitcoin is known only to those people who can influence its course with their assets.

Hehe, fortune teller games indeed. Just like one of them that said that the price will reach 100k before this year, but here we are and the price is still struggling to cross $5000. Earlier this year when it was around $4k, one exchange CEO predicted that it is going down to $2.5k, but that didn’t happen. Instead the price stopped at $3k plus and went back up. So they are always wrong.

Not just sometimes, but most of the times predictions are false. The truth is that these people are just doing a guess work. No one can tell exactly what the price of any cryptocurrency can hit next, if it was possible, then we’d all been rich already. What they do is read the chart and tell you what’s likely to happen, but that doesn’t mean it is going to happen.

jjjfff

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Lottery tickets are also predictions.

Think about that for a moment.

Astvile

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In the first place why would you even believe and trust a prediction?it is just like believing that fortune tellers are real and all they say will happen to you.Never do trust prediction its just an uneducated guess for me and just try your guts

guoyu78

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Quote from: mirakal on April 13, 2019, 12:03:50 AM

Let's consider ourselves foolish if we think prediction is a promise.
Whether it's coming from a real expert in crypto, that's still considered as prediction, and it could be wrong also.

It is only a novice or an illiterate that would believe that Predictions are promises, the name already define its functions.

Predictions are tools only used to either make or mar a market, positive predictions are very good and they have very major way of adding to the value of the market, what has kept us moving forward in this cryptocurrency investment is still prediction.

When people predict a price to go upward, especially if it’s coming from a well-known body, his prediction will assist others in taking step based on the trust they have in him, but he is not promising them that it will be exactly the way he said it, so the remaining risk lies with the person that chooses to act on such prediction based on faith and hope it comes true and not because they acted base on promises.

playboy654

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Predictions are only for the conference about the investment that we made otherwise it will not been helpful in any case of our investment so almost your topic was correct to make prediction is always being promises ourself better mind set.

microbb8

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All expert predictions are fortune teller games. If you can not influence the course of Bitcoin. Then you play probability games. The course of Bitcoin is known only to those people who can influence its course with their assets.

carlisle1

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Quote from: akihikohideaki on January 02, 2019, 08:55:39 AM

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

When we say prediction we are only looking on a possibility that could on a certain time, those who make a prediction surely has a referrence for what they are saying it is not just like fortune telling as they are really making an analysis on it to also make another referrence but it is not actually supposed to be very accurate because it is just what we call prediction.

Ucy

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This is why it is called Prediction/speculation. No one is 100 sure with his/her predictions, so we just speculate. This is why you must never take any of the predictions seriously. If you are comfortable with risk, you could follow the best predictions and try investing some amount based on the predictions.

senyorito123

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Quote from: Adriano2010 on April 13, 2019, 10:24:19 PM

The title is correct, indeed we can predict the price or think that the price will be high after time, but if this not happen we are dissapointed and is better to not predict or think a prediction is good to take as 100% real.

With the volatile nature of Bitcoin, there have been multiple positive and negative speculations circulating around. All of us are entitled with our own opinion, we can be right or wrong with our prediction but I think it has to be balanced because high hopes can lead to frustration. It can also have a negative effect whenever things doesn't appear to be how we expect them to happen. I think it's still better if we stay informed, continue to learn to keep enhancing our knowledge and improving our skills. It's absolutely better if we do our part to to stay up-to-date and not rely much on prediction as it has no assurance and guarantee in it.

izanagi narukami

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If 1 people able always to predict in 100% accurate, every people around the world will looking for that people.

Crypto is unpredictable things so when you see the prediction, just make it your judgement so you can decide your next move, not make it into reality !

Botnake

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Quote from: Adriano2010 on April 13, 2019, 10:24:19 PM

The title is correct, indeed we can predict the price or think that the price will be high after time, but if this not happen we are dissapointed and is better to not predict or think a prediction is good to take as 100% real.

Believing on someone's prediction then it could be a false promise.
Usually we do our own prediction and we will not think of it like that since we know prediction does not mean that's going to happen in the future.
We predict and if our prediction is correct, we make money, if we are wrong, we loss also, that's how simple to understand it.

Adriano2010

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The title is correct, indeed we can predict the price or think that the price will be high after time, but if this not happen we are dissapointed and is better to not predict or think a prediction is good to take as 100% real.

eaLiTy

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Quote from: akihikohideaki on January 02, 2019, 08:55:39 AM

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Even if you are able to predict the price of bitcoin for the next couple of days like weather experts, you are going to make a ton of money in future prediction market, no one has the ability to foresee the future price exactly, one can only estimate with the volume and so on and since the market is relatively new compared to other financial markets which are active for over a century we do not have a huge data to compare the price movement too.

reynald70

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I think we should not be easy to believe in predictions from others, we must examine it first, because it is true that in Crypto the world the price of Bitcoin is always changing rapidly, so sometimes a prediction always misses. And for me, always be careful first.

ethereumhunter

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Quote from: mrdeposit on April 12, 2019, 08:08:10 PM

Quote from: daarul50 on April 12, 2019, 07:36:04 PM

Almost all predictions are just like predictions that never come true. We predict a thing that is not controlled at all. we can only follow the price of bitcoin and observe so that we can make decisions at the right time.

If we continue to make long-term predictions of bitcoin, then we have been blinded by the greedy nature of each one.

Already, it is called prediction, do not need to be exact. Even, in the volatile crypto market. What do the others do while the estimates of the experts are not correct?

They will become panic, that is for sure. The market will run in any price and it is out of their expectation, and for the other traders, they cannot think clear of what they need to do. That is why we don't need to follow their prediction because it is too risky if we use their prediction to buy and sell the coins. The market still volatile and no right prediction can be able to detect the right price.

rose9696

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Quote from: akihikohideaki on January 02, 2019, 08:55:39 AM

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

sometimes you can't judge the price of any altcoins in the next few days. The future is unpredictable. That's why technical analysis often changes every day.
I think the value-based investment of the business is still better. We cannot accurately estimate how much the price will go up but we will know that its price will increase. Wink

Pab

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Prediction has to be flexible.Market can always move in both side down or up
We always needs to compere historical data with recent data
There is nothing sure but long term prediction for btc to get at around 50k is even logic because it is only 10x from current price.Meanwhile will be many up and down many diffrent kind of attempts to steal our coin at lowest possible level

gabmen

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Quote from: mirakal on April 13, 2019, 12:03:50 AM

Quote from: mrdeposit on April 12, 2019, 08:08:10 PM

Quote from: daarul50 on April 12, 2019, 07:36:04 PM

Almost all predictions are just like predictions that never come true. We predict a thing that is not controlled at all. we can only follow the price of bitcoin and observe so that we can make decisions at the right time.

If we continue to make long-term predictions of bitcoin, then we have been blinded by the greedy nature of each one.

Already, it is called prediction, do not need to be exact. Even, in the volatile crypto market. What do the others do while the estimates of the experts are not correct?

Let's consider ourselves foolish if we think prediction is a promise.
Whether it's coming from a real expert in crypto, that's still considered as prediction, and it could be wrong also.

Well it would seem like a promise if you look at it that way. The way i see it, predictions are more like people promoting themselves. Any individual can make their own predictions, most of the time even without solid basis. Now it would depend on you if you'd take it to heart.

michellee

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Quote from: daarul50 on April 12, 2019, 07:36:04 PM

Almost all predictions are just like predictions that never come true. We predict a thing that is not controlled at all. we can only follow the price of bitcoin and observe so that we can make decisions at the right time.

If we continue to make long-term predictions of bitcoin, then we have been blinded by the greedy nature of each one.

Better to make our own prediction base on the other prediction. The prediction was made to give hope for people, but they don't know that prediction still prediction, and no one will know what is going on in the next days. The market will always be like this, and we could not predict with precision, no matter how high our skills in trading, we cannot expecting to see it will happen later.

Aldrinx00

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Yes it's true we must not depend on those predictions because no one really knows what will happen in cryptocurrency, most of that predictions that a bull run will happen at the end of 2018 but it never come. We just need to monitor the market and decide for ourselves when to buy and sell.

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