why bitcoin is still unpredictable. - page 4.

Maslate

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Quote from: Crypt0BHunter on November 27, 2018, 11:55:08 PM

I think there are a still some whale bitcoin holders with a huge amount of BTC and they still could manipulate the market, it will not last for a long when capitalization rise they couldn't do such things

Of course, they are here because they believe on the potential of bitcoin.
There are whales also who dump but that is just a manipulation to make the price cheap but they will re buy it and sell it at a good profit.
That's how they make easy money in a short period of time.

Crypt0BHunter

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I think there are a still some whale bitcoin holders with a huge amount of BTC and they still could manipulate the market, it will not last for a long when capitalization rise they couldn't do such things

tranquangvinh

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The price of bitcoin depends on the demand and supply , If you can predict both of them , you can predict the price of bitcoin .

**The demand means that how many people want to buy bitcoin and supply means that how many people want to sell bitcoin **

You need to learn a lot to understand both , it's not easy to predict something .

ereborltc

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Quote from: johnygrace on November 25, 2018, 09:24:42 AM

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

It is difficult to make a correct judgment in the current market. Without good news, the price of BTC is difficult to rise.

Omela44

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Cryptocurrency is an unregulated market in which anything can happen, including major manipulations. That is why we see the big price rises and a big drop in prices right now. I am sure it would not be that easy in a regulated market. That is why correct price forecast are almost impossible.

coinsycrip09

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Quote from: izza123 on November 27, 2018, 11:17:41 AM

Bitcoin is not predictable for ordinary people. for people who have been on the market for a long time and know how Bitcoin behaves, they understand where and when the price will go. they already know how those who control the market think

right, right now they will not feel panic because they already know the situation ahead of the price of bitcoin.
maybe now they are looking and waiting to collect more bitcoin in their wallets.

Mpamaegbu

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The price is unpredictable because humans are unpredictable. Is the market not controlled by the antics of demand and supply subject to humans needs and wants? So? Humans control whatever happens in the market and most times these humans do the control subjectively by allowing their emotions do the talking. That's why while some are showing weak hands and selling off in panic, others are buying. It's an unpredictable situation.

btccointalk

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Nobody can exactly predict the price of bitcoin. Bitcoin is volatile and therefore the value keeps on changing.

eagleman

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No one can move the prices down or up but only people/investors.

It is not automated and has its own algorightm when to increase/decrease. It all depends to the market cap and its demand, so you should apply law of supply and demand that makes it unpredictable.

jundel

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I think this should be in bitcoin discussion. though for me, market still unstably predictable. We never know unless numbers is increasing or decreasing from time to time.

mbah

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When the bitcoin can be predictable then it will be easy people get results in crypto. basically, the bitcoin indeed fluctuates and this has become the base. the risk is that there will always be another crypto even bitcoin on because if without this condition the market fluctuations will not be fun.

derihendra

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Quote from: johnygrace on November 25, 2018, 09:24:42 AM

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

Bitcoin prices go up and down that is normal, just gold like that, if a lot of people sell bitcoin, prices will definitely go down, and vice versa, if many buy, the price of bitcoin will rise, we must be able to see the right situation

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Quote from: johnygrace on November 25, 2018, 09:24:42 AM

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

Since 2009, bitcoin never been easy to predict by any one. If we could predict bitcoin value, we would buy bitcoin and accumulate it with a huge amount from the beginning. Bitcoin is not only the one have high volatility, but the entire cryptocurrencies are volatile as well.
Whales maybe the main reason, but whales never come if the common users and holders btc doesn't create more awareness.

drlukacs

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The prediction of BTC's price is very hard due to the frequent fluctuation. I see that there are many predictions about BTC in 2018, they guess that at the end of 2018, BTC rate will reach more than $20,000, but at the moment, all are wrong. I think the main reason for BTC declining is the degradation of the economy.

Escf4

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The bitcoin is still unpredictable ,this is because the characteristics of this cryptocurrency technology is very volatile, so investors and customers of cryptocurrency investments should be always ready all the time, for this cryptocurrency is variables there are time it will falldown and there will be time it will rise up the value price of coins in the market.

felicita

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i think post people buying bitcoins to sell them later with profits that s the current game ....
But its nothing bad. But more and more people start to using Bitcoin for payments and applications.

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Quote from: johnygrace on November 25, 2018, 09:24:42 AM

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

That is because, when you try to predict the bitcoin, you are also trying to predict every people who is involve in it and people who is going to be involve with it in the future. You will figure out their interest in investing, on the other hand, their restrictions.

vina.lugtu

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I agree. The price of bitcoin depends on the number of investors that was selling or buying on the market. We cannot predict on when they will have an activity and that is what makes the price of bitcoin unpredictable. It is the same on the forms of investment its just that bitcoin is more active and it can literally go up and down at any given time. Stability is something that bitcoin will never have and that is what makes it famous.

karramov

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Do not forget that the market does not depend on our desire. He's manipulated enough. I think it's in the hands of certain people who get rid of unnecessary influence.

Troysen

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It is simply so because of the supply and demand, when the price is low means that there are many people wanting to sell and few wanting to buy, that usually creates instability, so I very much doubt that an adoption will happen, at least not with the system we have in place, and perhaps it is time to look for an alternative to that problem.

Topic: why bitcoin is still unpredictable. - page 4. (Read 1047 times)