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Topic: Which profession has the best chance of predicting Bitcoin prices? (Read 2937 times)

legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Wallstreet traders, they can predict the price, and have the money to make it true.

Adding to the list big governments that can also influence in BTC price seem like some are already involved in this this will be bad.
Never the less this can also influence in price goes up in some point. Question is what to do keep invest or sell.
full member
Activity: 152
Merit: 100
probably shouldnt say "exactly"  Wink

but to the point, in studying how the brain encodes, stores and decodes information during behavior, i am used to dealing with continuous and dynamic data sets, and finding the patterns in the noise (calculus/statistics/network modeling). it felt natural to apply similar strategies to bitcoin when i started trading a few years ago.

So did you actually make a profit?
legendary
Activity: 1512
Merit: 1000
@theshmadz
Just about anyone and his dog can predict the price when accuracy is not needed and there is no consequence of being wrong.

Just like anyone and his dog can post useless crap on the internet and there is no consequence of being wrong.

Best profession is profiteer, btw. This space is changing quickly enough that simply by staying current gives you a significant advantage over laggards.
full member
Activity: 153
Merit: 100
Just about anyone and his dog can predict the price when accuracy is not needed and there is no consequence of being wrong.
legendary
Activity: 1512
Merit: 1005
hero member
Activity: 742
Merit: 500
Astronauts
Locomotive drivers
Bull riders
Bear hunters

Well done sir  Cheesy
sr. member
Activity: 518
Merit: 250
The big miners.

I think so too, these are probably a few who can do relatively good price predictions.
legendary
Activity: 1806
Merit: 1003
Wallstreet traders, they can predict the price, and have the money to make it true.
hero member
Activity: 784
Merit: 500
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
For example, if there was a psychologist

It's a clinical psychiatrist, the one with the white coat and an injection needle.

It's true, ask Risto he'll confirm it.
legendary
Activity: 1458
Merit: 1006
For example, if there was a psychologist, a computer programmer, a mathematician, and an economist, who do you think would have the best chance of correctly predicting the price of Bitcoin over time?

This feels a bit like asking which profession is better for building a house. Bricklayer, carpenter, plumber or electrician? (Pick one.)

You can do better with hammer and saw than hammer alone.

I put my money on applied bayesian decision theory with mathematics, psychology, computer science, programming, behavioral economics and game theory.

Accurate time series forecasting is hard. Instead, think big picture: Divide the utility of Bitcoin by the chance of success.

Conclusion: Bitcoin is undervalued. Prediction for the price of Bitcoin over time: Up.
full member
Activity: 155
Merit: 100
Most likely the economist. He can rely on the other professions to get detailed information about bitcoin, however he has the experience in predicting prices over time and the ability to spot good investments.
legendary
Activity: 2744
Merit: 1288
member
Activity: 101
Merit: 10
Roller coaster operator
legendary
Activity: 1260
Merit: 1000
market manipulator
conman
russian cyber thief
chinaman
legendary
Activity: 1512
Merit: 1005
Astronauts
Locomotive drivers
Bull riders
Bear hunters


this. in this order.

You forgot the weather man he can predict well

Nah, only for stocks and GDP.
full member
Activity: 140
Merit: 100
Astronauts
Locomotive drivers
Bull riders
Bear hunters


this. in this order.

You forgot the weather man he can predict well
legendary
Activity: 2338
Merit: 2106
Astronauts
Locomotive drivers
Bull riders
Bear hunters


this. in this order.
full member
Activity: 181
Merit: 100
Since everyone here is making up stuffs without reasoning, I will do the same.

Meat packer.
FNG
hero member
Activity: 588
Merit: 500
Bitcoin fund manager
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