Topic: What are the actual reasons that Bitcoin prices may go up or down this year? - page 2. (Read 266 times)
June 07, 2018, 02:21:52 PM
After the raise of 19k$,many traders and investors expect bitcoin price will cross the 30k$ by the end of March.But the fact is the bitcoin price reduced to unexpected low value.The main cause of this is bitcoin is officially announced as illegal in China.Then it is addressed as illegal and term as legal in South Korea.
June 07, 2018, 12:56:09 PM
There are lots of threads where people predict that Bitcoin will go up in price, or go down in price. Many of these simply claim that to be true without actually giving any reasons. Sometimes it's just based on the poster's feeling or unexplained belief.
What are the actual verifiable arguments based on verifiable evidence to predict the future price of Bitcoin?
What are the actual verifiable arguments based on verifiable evidence to predict the future price of Bitcoin?
Prices will go down this year not up. Reason is that at end of last year we had ATH. After each ATH market needs to stabilize and build new momentum for next bull run. This stabilization will happen over this year and also next. At end of next year we should expect that bull run start forming.
June 06, 2018, 05:10:08 AM
There are lots of threads where people predict that Bitcoin will go up in price, or go down in price. Many of these simply claim that to be true without actually giving any reasons. Sometimes it's just based on the poster's feeling or unexplained belief.
What are the actual verifiable arguments based on verifiable evidence to predict the future price of Bitcoin?
What are the actual verifiable arguments based on verifiable evidence to predict the future price of Bitcoin?
the reasons why it should go up in my opinion is regulation that is coming which will allow large investment groups and banks to enter the industry. That will increase the prices a lot
June 06, 2018, 04:55:28 AM
Thanks for the thoughtful responses.
My 'own analysis' is that markets depend on the people who participate in them. And what I see here are, in the majority, predictions on both the low and high side which don't appear based on anything. This makes me think that Bitcoin, even now in it's relatively stable, compared to a few months ago, state is not functioning as a proper market, but is based on unthinking guesses. And when they turn out to be wrong, as the mostly turn out to be, that destroys confidence in the market. I don't think people, at least those predicting rises, intend to do so. But, in my mind, that's what happens.
It's not only posts here. There was a thread some time ago when people were posting links to financial websites making predictions. When I looked on wayback machine, the same sites had deleted predictions from previous months and years that were way out.
I'm sure that there are people making a killing on BTC even now, but they are going to be those who really understand the current market. I've been making my own predictions and then seeing how accurate I am, and I've been way off. So, I remain a Johnnynocoins.
I'm curious about what sort of facts underly the market, hence my question.
My 'own analysis' is that markets depend on the people who participate in them. And what I see here are, in the majority, predictions on both the low and high side which don't appear based on anything. This makes me think that Bitcoin, even now in it's relatively stable, compared to a few months ago, state is not functioning as a proper market, but is based on unthinking guesses. And when they turn out to be wrong, as the mostly turn out to be, that destroys confidence in the market. I don't think people, at least those predicting rises, intend to do so. But, in my mind, that's what happens.
It's not only posts here. There was a thread some time ago when people were posting links to financial websites making predictions. When I looked on wayback machine, the same sites had deleted predictions from previous months and years that were way out.
I'm sure that there are people making a killing on BTC even now, but they are going to be those who really understand the current market. I've been making my own predictions and then seeing how accurate I am, and I've been way off. So, I remain a Johnnynocoins.
I'm curious about what sort of facts underly the market, hence my question.
June 06, 2018, 04:39:31 AM
I watch the whales' wallets. Now they are emptying and I can assume that demand for bitcoin this year will increase, which will affect the growth rate of bitcoin.
Whales will have a harder time influencing the CryptoCurrency market every year
Whales will have a harder time influencing the CryptoCurrency market every year
there is no such thing as "whale wallet" that you watch or not. there are only addresses on the blockchain and there are transactions between these addresses and unless you are 100% sure that the destination address does not belong to the same person you can not claim that the "wallet" is emptying.
and transactions like that are happening every minute of every day you just happened to catch one of many!
June 06, 2018, 04:07:39 AM
I watch the whales' wallets. Now they are emptying and I can assume that demand for bitcoin this year will increase, which will affect the growth rate of bitcoin.
Whales will have a harder time influencing the CryptoCurrency market every year
Whales will have a harder time influencing the CryptoCurrency market every year
June 06, 2018, 04:04:36 AM
It is true that sometimes people determine the price up or down it is only from the argument, but I think with graphics or international news can affect the price of bitcoin.
June 06, 2018, 04:00:11 AM
all those topics here and elsewhere on the internet that are throwing a price at you and tell you this is their "prediction" is pure bullshit. it doesn't matter if it is a higher price or a lower one. the worse part is some of them also throw a lot of nonsense at you and call that "reasons" and "analysis". they are the worst of all people!
there is no "evidence", there is just speculation. you can see some good ones on tradingview.com and on extremely rare situations in the speculation board.
in the end you must only trust yourself and your own analysis.
What are the actual verifiable arguments based on verifiable evidence to predict the future price of Bitcoin?
there is no "evidence", there is just speculation. you can see some good ones on tradingview.com and on extremely rare situations in the speculation board.
in the end you must only trust yourself and your own analysis.
June 06, 2018, 03:07:03 AM
There are lots of threads where people predict that Bitcoin will go up in price, or go down in price. Many of these simply claim that to be true without actually giving any reasons. Sometimes it's just based on the poster's feeling or unexplained belief.
What are the actual verifiable arguments based on verifiable evidence to predict the future price of Bitcoin?
What are the actual verifiable arguments based on verifiable evidence to predict the future price of Bitcoin?
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