Post
Topic
Board Speculation
Re: how to predict bitcoin price increase or decrease?
by
Vaculin
on 25/10/2017, 23:27:57 UTC
We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I guess no one control the increasing and decreasing of bitcoin price, so no one can predict it. Maybe we just need to be updated on every news about things that may affect cryptocurrencies prices, because for me a certain action done by a person or a group can affect bitcoin price if their actions are related to the digital currencies world.
Actually no one can predict when the bitcoin price will increase or even decrease. Its unpredictable and for me its the disadvantage of the users here by using bitcoins. We all know that bitcoin value is unstable 


It is hard to predict the increase and decrease of bitcoin. Speaking of "bitcoin increase", maybe this will only depends on the number of investors or the number of people used it. On the other hand, the decreasing value of bitcoin is also unpredictable since we never know how long the willingness of investors or users would last.
You have your point.Bitcoin has its volatile character that anytime of the day it would somehow increase or decrease its market value.And as what i had observed before and after a fork took place,fluctuations occur.Aside from that,no one really controls bitcoin price that's why its unpredictable.