Quote from: darewaller on October 12, 2019, 04:16:07 AM

Quote from: gandame on October 10, 2019, 05:03:18 AM

Quote from: josephrioveros123 on September 09, 2019, 01:31:57 AM

Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.

We all know that no one can predict the bitcoin price if you are the one holder bitcoin you must have patience to wait the right time you can sell your bitcoin. And wait again the right to buy a bitcoin if the price goes down. So no one here can predicted it sir.

We have many people that has predicted the price of bitcoin in the past, and recently too, there is this guy on this forum that I ever regret not listening to because I am one of these people that believes you should never listen to peoples opinion, and because of that I totally ignored him when the price of bitcoin was just climbing above $13k, he actually predicted that the market will fall back to $10k, and really, the price was perfectly accurate and around the time he speculated it.

This could not have been a coincidence, the price was perfectly predicted, but what I agree with is that few are these people that know how to actually predict bitcoin, and many people that do predict are just predicting out of instinct and not with fact or analysis.

It could have been a coincidence, how many price predictions do you think are made every day on the Internet about the possible trajectory of the price of bitcoin? It is impossible to know but even a number as low as 34000 predictions per day means that each month there will be one million predictions, when you have such a huge number it is reasonable to expect that some people will guess the correct price of bitcoin, this is similar to what happens with lotteries in which there is a low chance of winning but someone will have to eventually win it.