What’s happening with the Bitcoin Price?

seoincorporation

legendary

Activity: 3346

Merit: 3125

Quote from: ravenjt on October 28, 2014, 02:19:08 AM

I have invented an amazing BTC/USD price prediction engine, which you can build in Excel.
Input formula =B * (1-x) / x

Where
B = The Factor
x = rand()

I choose The Factor to be today's price, but you can try other choices
Happy trading :-)

x = rand() LOL.

If your prediction engine is based on a random number, its a random prediction. I know its a joke and i have fun with your equation.

I would change that random number for a natural factor, like birthrate or something like that.

Is sad to see Bitcoin price now, $350 is not a good price. Hope it go up soon.

ravenjt

full member

Activity: 215

Merit: 100

It's doing bugger all this week. Remaining tight around 350.
I remember, back in the old days, when it used to remain around 450.

miketonic

full member

Activity: 185

Merit: 100

Normal swings for a currency this young.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: ravenjt on October 28, 2014, 02:19:08 AM

I have invented an amazing BTC/USD price prediction engine

Me too. This is how much it will go up or down.

ravenjt

full member

Activity: 215

Merit: 100

I have invented an amazing BTC/USD price prediction engine, which you can build in Excel.
Input formula =B * (1-x) / x

Where
B = The Factor
x = rand()

I choose The Factor to be today's price, but you can try other choices
Happy trading :-)

xcapator

sr. member

Activity: 322

Merit: 252

Here I Am !!

My guess is steady slide down still, once we break $300 again then we may see some panic. The true bottom will come in and BTC will be oversold followed by a huge spike back up and then it will slowly settle at some point...where it will remain till most people are dishearted

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: cbeast on October 27, 2014, 07:20:48 AM

My guess it will go to $15, then up to $2000, then back to $0.02 for awhile, then back up to $850.

But $15 first? So you're out & sitting in fiat?

dakota neat

hero member

Activity: 658

Merit: 500

Quote from: cbeast on October 27, 2014, 07:20:48 AM

My guess it will go to $15, then up to $2000, then back to $0.02 for awhile, then back up to $850.

+1 lol

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

My guess it will go to $15, then up to $2000, then back to $0.02 for awhile, then back up to $850.

leex1528

hero member

Activity: 784

Merit: 1000

It seems it will continue around $350 for a bit, my guess is we will see a slight rise to just above $400 for a month or so. Then we will hit another bottom around $200, and this trend will continue for a year, next year I guess BTC will value around $80 dollars a coin

CryptoCarmen

member

Activity: 84

Merit: 10

★Bitin.io★ - Instant Exchange

Quote from: brand on October 06, 2014, 12:48:34 PM

Quote from: CryptoCarmen on October 06, 2014, 12:39:19 PM

Quote from: marife01 on October 06, 2014, 10:37:20 AM

Quote from: ihuntbtc on August 22, 2014, 12:33:52 PM

BTC is meant to be a very volatile currency now, its still a baby currency.

This is true now, BTC is decreasing in value.

At least more people will be able to afford it.

So this may increase the price?

No but will make price more stable and make coin more stable, and give him chance to survive.
So many here are just 100% convinced Bitcoin is the currency of tomorrow.
Ye sit is, but is not certain. If things go wrong will not be for sure.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: resya on October 06, 2014, 06:43:45 PM

I used to buy stuff with BTC. 1 BTC=$1000. For a while. Then I hated to half it. Now it's a third? Miserable. Just tell me why during this drop everyone is still so optimistic? Are we delusional?

We just have to accept that the prices attained during the past 1 year were unrealistic.

resya

sr. member

Activity: 294

Merit: 250

I used to buy stuff with BTC. 1 BTC=$1000. For a while. Then I hated to half it. Now it's a third? Miserable. Just tell me why during this drop everyone is still so optimistic? Are we delusional?

jaredboice

hero member

Activity: 560

Merit: 500

Quote from: brand on October 06, 2014, 12:46:23 PM

People dont believe in BTC that much anymore?

Market is still up from a year ago. Bitcoin has already seen more venture capital invested in it than the internet in 1994. Most of that happened this year, not to mention PayPal developing relationships with Bitcoin companies.

brand

newbie

Activity: 55

Merit: 0

Quote from: CryptoCarmen on October 06, 2014, 12:39:19 PM

Quote from: marife01 on October 06, 2014, 10:37:20 AM

Quote from: ihuntbtc on August 22, 2014, 12:33:52 PM

BTC is meant to be a very volatile currency now, its still a baby currency.

This is true now, BTC is decreasing in value.

At least more people will be able to afford it.

So this may increase the price?

brand

newbie

Activity: 55

Merit: 0

People dont believe in BTC that much anymore?

CryptoCarmen

member

Activity: 84

Merit: 10

★Bitin.io★ - Instant Exchange

Quote from: marife01 on October 06, 2014, 10:37:20 AM

Quote from: ihuntbtc on August 22, 2014, 12:33:52 PM

BTC is meant to be a very volatile currency now, its still a baby currency.

This is true now, BTC is decreasing in value.

At least more people will be able to afford it.

marife01

full member

Activity: 162

Merit: 100

Quote from: ihuntbtc on August 22, 2014, 12:33:52 PM

BTC is meant to be a very volatile currency now, its still a baby currency.

This is true now, BTC is decreasing in value.

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: FUR11 on October 06, 2014, 07:20:18 AM

We'll see. We're in an uptrend, if we go up for a week or so. If we start to go down again this time, we're in for another boom. At least one more bottom testing is still healthy and not at all improbable!

Hmm, how are we in an uptrend? It has basically lost $150 of value in the last 14 days...I would say this is a hard bottom hopefully...

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

We'll see. We're in an uptrend, if we go up for a week or so. If we start to go down again this time, we're in for another boom. At least one more bottom testing is still healthy and not at all improbable!

Topic: What’s happening with the Bitcoin Price? (Read 6556 times)