Bitcoin Bulls Continue to Double Down on $100,000 Prediction
Despite the fact that the end of 2021 suggested that there could still be some concern in regard to the volatility of the market, there is no doubt that last year was huge for the cryptocurrency industry and one that was huge in general. Indeed, there were a number of different things to look out for including things such as non-fungible tokens (NFTs) and decentralized finance (DeFi), Ethereum (ETH-USD) and smaller cryptocurrencies, however it is was also a year that had plenty of impact on Bitcoin. The cryptocurrency, which had experienced a number of fluctuations over the last 12 months,....
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It's most definitely interesting to see the chief of a financial company say something decent about bitcoin. After all, one would expect a CEO to do what he or she could to destroy the competition. But David Marcus, PayPal president, is different. In a blog post Wednesday, Marcus said that he suspects "bitcoin will continue to gain ground". Pure speculation, of course, but Marcus went so far as to say that the price could be double by this time next year: "I predict that the value of Bitcoin still has the potential to double (as of December 11, 2013 at 8:08 AM PT: 1 BTC = 915 USD) by the....
A new prediction market platform is set to go live on the ethereum network this week. Called Gnosis, the project will allow users to wager on future events by asking and answering questions about the outcome of sports games or elections. However, the platform's creators envision Gnosis one day serving as a platform for a wide range of user-created prediction markets. An example touted by the team is a sample platform called Hunchgame, which would see Gnosis being used as a basis for a prediction market centered on celebrity gossip. One of the more experimental use cases for public....
OneSwap, a decentralized trading platform, will launch a new feature called Prediction on April 29, 2022, and BTC/USDT will be the first prediction market where users can win prizes by betting on the price trend of BTC/USDT. Prediction comes with an initial prize pool of as much as 1 million CET. Meanwhile, OneSwap will also launch the “Win Rate Ranking Reward Game” that will allow users to receive double rewards. Predict to Earn: How Prediction Works Log in to OneSwap (https://www.oneswap.net/cet/prediction), and select CSC; Connect to MetaMask, OneSwap Wallet, or a wallet that supports....
Bitcoin bulls should brace for a wild upside run towards $41,000. According to Scott Melker, crypto trader and host of WOAS Podcast, the cryptocurrency’s sharp rebound from $32,000 to above $38,000 confirmed two textbook bullish reversal indicators: Double Bottom and Falling Wedge. Bitcoin Double Bottom Starting with the Double Bottom, Mr. Melker highlighted two consecutive […]
Professor Devavrat Shah and Kang Zhang of the Laboratory for Information and Decision Systems at MIT have developed an automated system for Bitcoin trading, which outperforms most human traders and is able to almost double the investment in less that two months. They presented their method and results at the 52nd Annual Allerton Conference on Communication, Control, and Computing at the University of Illinois. The paper is available from arXiv. The researchers used Bayesian regression - a family of mathematical techniques for making optimal predictions based on incomplete input information....