Topic: why bitcoin is still unpredictable. - page 2. (Read 1047 times)
Because it is very difficult to follow market price movements, for example when we guess prices often occur errors and there are also true, but not 100% correct and many are missed, so in my opinion no one is able to predict the price of bitcoin until now.
Bitcoin have never been predictible, because only whales with more than 10000btc on the wallets. Not technical nor fundamental analysis works here in crypto.
Completely agree with you. I also think that analisys do not work, Bitcoin is unpredictable because of the one reason - the manipulation of bankers with the Bitcoin and the whole market in order to get the rapid wealth. Bitcoin price depends on the level of its capitalization, so it will always be unpredictable price!
Bitcoin is considered as speculative, so the price is unpredictable because it depends on many factors that are most important is the psychology, the belief of people. So it is always a risky investment. It is only possible to predict future development or not but can not predict what the price will be like
Bitcoin have never been predictible, because only whales with more than 10000btc on the wallets. Not technical nor fundamental analysis works here in crypto.
In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa
And this was showed that no one controlled the market and the price since all Bitcoin holders are anonymous and have different strategy for their composure but nothing to worry since this will give opportunity for other people to buy with a low price .
In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa
Yes it is true, the investors had a big role why bitcoin goes up and down. If there are demands on bitcoin the price will go up but if no demands then the price will go down.
It's not "still unpredictable" but "never predictable". If everyone can predict the market, it will be not "the market". Maybe someone have a right prediction, but whether they are right with 100% in anytime. And I see all predictions are a FOMO or FUD behavior.
I agree. Market is never predictable that is why we buy and sell the product at the right moment that we could gain profit. We are playing with the risks of investing. This unpredicted price makes it volatile for us to gain from it which is worth everytime. Not all the time prediction is right but sometimes make us lose.y agree with ypu if a person thinks taht he can worl only in stable conditions he should not even try to work here as it is unmpossible for him
In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa
because it is what bitcoin is unstable and still prpfitable cryptocurrency thag can bring 6ou a lot of new opportunities now 
In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa
yes because bitcoin is volatile where prices can change significantly over time making it difficult to guess easily. we can predict what bitcoin will look like in the future, but not necessarily what we predict is exactly what we expect. 
Like every free market, here the price is based on supply and demand. The price of Bitcoin depends on users and speculators. When interest in Bitcoin grows, its price will also increase. Unfortunately, but it is almost unpredictable. In most cases, it is based on the belief that technology will develop and that the price of BTC will increase.
Bitcoin will remain unpredictable until it matures and developed! The bitcoin is still rarely new powerful payment system based on blockchain technology, the growing pain is what we see as volatility and as bitcoin develop, the issue with bitcoin get solved and adoption market become bigger!
Bitcoin will always remain the main currency against which other altcoins will trade. First, it is the very first currency with which it all began. Secondly, many players are interested in buying it, as its number is limited. Third, a large number of programmers work on the security of bitcoin. At the moment, the market is fighting for this asset. Large investors periodically manipulate the price, so that later they settled a huge number of these coins. They do it smart enough to keep the market alive. Without their manipulation, the market will simply cease to exist. This happens absolutely in any market in addition to cryptocurrencies. When trading, the main thing is to act according to the strategy and then you will always be with your savings.
in my opinoon coins like btcoin will always be that way because it is liek the economy system works so we need to accept this In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa
i think it is happening because bitcoin and other coins are not stable it is in their nature and we can not do anything about it
Bitcoin will always remain the main currency against which other altcoins will trade. First, it is the very first currency with which it all began. Secondly, many players are interested in buying it, as its number is limited. Third, a large number of programmers work on the security of bitcoin. At the moment, the market is fighting for this asset. Large investors periodically manipulate the price, so that later they settled a huge number of these coins. They do it smart enough to keep the market alive. Without their manipulation, the market will simply cease to exist. This happens absolutely in any market in addition to cryptocurrencies. When trading, the main thing is to act according to the strategy and then you will always be with your savings.
What is the age of Bitcoin! We are still far away from achieving a stable Bitcoin, what we are seeing now will repeat again and again until finally the market mature enough, right now the market can be manipulated very easily and this is not with Bitcoin only, it is the same case for all other coins, and as long as this is the situation then nothing will change. We will see a lot more swings up and down in the upcoming years maybe even till 2022.
Despite all the factors stated in this thread, I see backing Bitcoin and crypto price in general with precious metals, like Gold, is very effective in dealing with the volatility in bitcoin price. This way, we can see a stable price in Bitcoin for the long-run. Gold has known for its stability in price. Here comes the Gigzi project with a unique ecosystem and strong backing for crypto. https://gigzi.com ..
So, yea, when it is unpredictable, we can definitely make it more stable!
So, yea, when it is unpredictable, we can definitely make it more stable!
Bitcoin price depends on the level of its capitalization, so it will always be unpredictable price!
Bitcoin values are constantly changing and we can not determine which price will be the lowest and highest price. This market is currently very risky and any investment that may cause you to lose money quickly. It is advisable for you to be calm and not to buy any altcoin if the market has not yet shown signs of uptrend. In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa
what you say is true, up and down the price of bitcoin, that's normal, everyone wants to buy and sell bitcoin, so the price of bitcoin goes up and down
Bitcoin price depends on the level of its capitalization, so it will always be unpredictable price!
In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa
Because there are no indicators that can predict the number of people who sell a lot of coins all at once. There was no indicator that showed mt.gox will be hacked, there was no indicator that said bitcoin is going to 20 thousand dollars, there was no indicator when china banned bitcoin, there was no indicator that Craig would sell a lot of bitcoin at once in order to fuel his satoshis vision coin. These are all "out of nowhere" stuff that affected bitcoin price that we couldn't ever known beforehand. All these people who keep on trying to do predictions about bitcoin price are probably new people or people that want to look cool or something. No one in the whole world could know the price a minute from now because some crazy stuff could happen and we would all watch it in awe.
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