Bitcoin price prediction

longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd

How accurate are those guys models? Maybe somebody has evaluated their st. err.?

Also how do you think, are those numbers possible?

motherfucker show me the chart for the last 2 years.

why would it pink wojak so hard in 2021

This I’m calling bull.

In case you were asking not rhetorically

Bull this is what they are saying for ripple

no, dumbass. show me the what the model predicted for the last 2 years or however long it's been running.

And this is XLM. BULLLLLLLshit

Ethereum

I was asking other people whether they had any info on the acuracy. If I had charts for the previous years would I be asking?

I don't think it would require PhD in fucking maths to compare some numbers.
Only If I had some...

hey shitbird, go to archive.org and look at the older snapshots.

Great idea, but you are a bit harsh

this is what they predicted in june 2017..

But anyways I think their neural net or whatever data science stuff they are using is constantly re-evaluating the prices, so it is better to compare next month/actual price

The next month closing price and also High were quite accurate with only around 1% error

so HODL till 2020

I guess their predictions can not be an actual investment advice but any way... 2017 was good for crypto. Let's wait for 2018.

Next month is relatively easy to predict. Longer term is a waste of time because there are way too many unforeseeables in regards to actual events having an impact. I'm more interested in the model than the actual predictions.

>1k by end of february

well?

Absolutely agree. I am also interested in knowing what their predictions are standing on.

This is what they say:

Our specialists use mathematical and statistical methods of prediction based on the existing historical data. They take into account the following factors with varying degrees of importance: cyclic recurrence, knowing correlation of market indicators, changes in the availability and attractiveness of the instrument for speculators, electronic and algorithmic trading growth, regulatory intervention degree and frequency of significant events over time.

So they are TA fags then. No wonder they can't predict shit.

What kind of methods for prediction are the best from your poit of view? Markov Chains? Monte Carlo? Be kind to share, I will read about it.

Looking at the long-term numbers seem to be quite conservative regarding the actual development. Therefore one might argue, that their long-term forecast again might be below the actual development that is going to happen. However, this can also go the other way, sooo....who knows eh

None of that mathematical shit. Bet on fundamentals n sheeeeit

Can we just get this over with already?

its shit and done by pajeets

LSTMs my nigga. convolute that shit up and you got the best.

>who know eh
Leaf detected

Thank you!

We all make it and get hot gfs in 2018, so 2021 is when we have to take profits to pay for children's preschooling