Cryptocurrency - 7 years ago

Predict the Closing Price: Top 10 Closest Predictors Win an Amazon Gift Card! ($500 in Prizes!)

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PRIZES:

1st Place: $200 Amazon gift card
2nd Place: $75 Amazon gift card
3rd Place: $50 Amazon gift card
4th-10th Place: $25 Amazon gift card

 

If there are ties, a random drawing will determine the winner.

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THE CROWD’S LINE LAUNCHES NEW PRICE PREDICTION CHALLENGE FOR JUNE 1ST 5PM CLOSE

THURSDAY, MAY 31st as of 8AM EST

 

SUMMARY OF THE CROWD’S LINE FAIR VALUE FOR BITCOIN vs. LAST PRICE

HOW TO USE THE CROWD’S FAIR VALUE PREDICTION FORECAST:

The summary of the Crowd’s Fair Value vs. Last Price uses the data collected, by crowd sourcing data predictions, to create a tool to identify a valuation difference in the marketplace.

EXPLANATION OF THE PREMIUM/DISCOUNT SIGNALS:

DISCOUNT SIGNAL: Occurs when The Crowd’s prediction is a higher price vs. last price of the cryptocurrency.

PREMIUM SIGNAL: Occurs when The Crowd’s prediction is a lower price vs. last price of the cryptocurrency.

 

8AM CRYPTOCURRENCY TRADING SUMMARY

 

 


 

THE CROWD’S LINE LAUNCHES NEW PRICE PREDICTION CHALLENGE FOR JUNE 1ST 5PM CLOSE

WEDNESDAY, MAY 30th as of 8AM EST

 

SUMMARY OF THE CROWD’S LINE FAIR VALUE FOR BITCOIN vs. LAST PRICE

HOW TO USE THE CROWD’S FAIR VALUE PREDICTION FORECAST:

The summary of the Crowd’s Fair Value vs. Last Price uses the data collected, by crowd sourcing data predictions, to create a tool to identify a valuation difference in the marketplace.

EXPLANATION OF THE PREMIUM/DISCOUNT SIGNALS:

DISCOUNT SIGNAL: Occurs when The Crowd’s prediction is a higher price vs. last price of the cryptocurrency.

PREMIUM SIGNAL: Occurs when The Crowd’s prediction is a lower price vs. last price of the cryptocurrency.

 

TODAY’S CRYPTOCURRENCY NEWS HEADLINES

  • THE CROWD EXPECTS A RALLY INTO THE END OF THE WEEK:  With less than 3-days remaining in The Crowd’s Line Bitcoin Prediction Challenge, the Crowd expects the price of Bitcoin to appreciate ahead of Friday’s close.  Collectively, the Crowd is predicting a $8,299 price forecast per Bitcoin or a 9% rally by the end of the week.  Time will tell.
  • ALTERNATIVE ASSET:  Can uncertainty in traditional financial instruments make alternative assets such as Bitcoin more attractive to investors?  Well, look no further than the recent concerns in Italy that is worrying investors.  Yesterday, Italian bond yield widened on growing government turmoil that Italy may attempt its own version of a Brexit called Italexit.  The move in the Italian sovereign bonds had a ripple effect on global financial markets for stocks and bonds.  Meanwhile, Bitcoin traded higher.

 

8AM CRYPTOCURRENCY TRADING SUMMARY

 

 


 

THE CROWD’S LINE LAUNCHES NEW PRICE PREDICTION CHALLENGE FOR JUNE 1ST 5PM CLOSE

TUESDAY, MAY 29th as of 8AM EST

 

SUMMARY OF THE CROWD’S LINE FAIR VALUE FOR BITCOIN vs. LAST PRICE

HOW TO USE THE CROWD’S FAIR VALUE PREDICTION FORECAST:

The summary of the Crowd’s Fair Value vs. Last Price uses the data collected, by crowd sourcing data predictions, to create a tool to identify a valuation difference in the marketplace.

EXPLANATION OF THE PREMIUM/DISCOUNT SIGNALS:

DISCOUNT SIGNAL: Occurs when The Crowd’s prediction is a higher price vs. last price of the cryptocurrency.

PREMIUM SIGNAL: Occurs when The Crowd’s prediction is a lower price vs. last price of the cryptocurrency.

 

8AM CRYPTOCURRENCY TRADING SUMMARY

 

 


 

THE CROWD’S LINE LAUNCHES NEW PRICE PREDICTION CHALLENGE FOR JUNE 1ST 5PM CLOSE

FRIDAY, MAY 25th as of 8AM EST

SUMMARY OF THE CROWD’S LINE FAIR VALUE FOR BITCOIN vs. LAST PRICE

HOW TO USE THE CROWD’S FAIR VALUE PREDICTION FORECAST:

The summary of the Crowd’s Fair Value vs. Last Price uses the data collected, by crowd sourcing data predictions, to create a tool to identify a valuation difference in the marketplace.

EXPLANATION OF THE PREMIUM/DISCOUNT SIGNALS:

DISCOUNT SIGNAL: Occurs when The Crowd’s prediction is a higher price vs. last price of the cryptocurrency.

PREMIUM SIGNAL: Occurs when The Crowd’s prediction is a lower price vs. last price of the cryptocurrency.

 

TODAY’S CRYPTOCURRENCY NEWS HEADLINES

 

8AM CRYPTOCURRENCY TRADING SUMMARY

 

 


 

THE CROWD’S LINE LAUNCHES NEW PRICE PREDICTION CHALLENGE FOR JUNE 1ST 5PM CLOSE

THURSDAY, MAY 24th as of 8AM EST

SUMMARY OF THE CROWD’S LINE FAIR VALUE FOR BITCOIN vs. LAST PRICE

HOW TO USE THE CROWD’S FAIR VALUE PREDICTION FORECAST:

The summary of the Crowd’s Fair Value vs. Last Price uses the data collected, by crowd sourcing data predictions, to create a tool to identify a valuation difference in the marketplace.

EXPLANATION OF THE PREMIUM/DISCOUNT SIGNALS:

DISCOUNT SIGNAL: Occurs when The Crowd’s prediction is a higher price vs. last price of the cryptocurrency.

PREMIUM SIGNAL: Occurs when The Crowd’s prediction is a lower price vs. last price of the cryptocurrency.

 

TODAY’S CRYPTOCURRENCY NEWS HEADLINES

  • CRYPTOCURRENCIES SLIDE CONTINUES ON PROBE:  According to Bloomberg News, the Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies.

    The investigation is focused on illegal practices that can influence prices — such as spoofing, or flooding the market with fake orders to trick other traders into buying or selling.

 

8AM CRYPTOCURRENCY TRADING SUMMARY

 

 


 

THE CROWD’S LINE LAUNCHES NEW PRICE PREDICTION CHALLENGE FOR JUNE 1ST 5PM CLOSE

WEDNESDAY, MAY 23rd as of 8AM EST

SUMMARY OF THE CROWD’S LINE FAIR VALUE FOR BITCOIN vs. LAST PRICE

HOW TO USE THE CROWD’S FAIR VALUE PREDICTION FORECAST:

The summary of the Crowd’s Fair Value vs. Last Price uses the data collected, by crowd sourcing data predictions, to create a tool to identify a valuation difference in the marketplace.

EXPLANATION OF THE PREMIUM/DISCOUNT SIGNALS:

DISCOUNT SIGNAL: Occurs when The Crowd’s prediction is a higher price vs. last price of the cryptocurrency.

PREMIUM SIGNAL: Occurs when The Crowd’s prediction is a lower price vs. last price of the cryptocurrency.

 

TODAY’S CRYPTOCURRENCY NEWS HEADLINES

  • VERY EXPENSIVE PIZZA:  This week marks the 8-year anniversary when two pizzas were purchased with 10,000 Bitcoin from Papa John’s Pizza.  The price for the pizza was the equivalent to approximately $40.  Today, that same transaction would value the 2 pizzas at $80,000,000.

 

8AM CRYPTOCURRENCY TRADING SUMMARY

 

 


 

THE CROWD’S LINE LAUNCHES NEW PRICE PREDICTION CHALLENGE FOR JUNE 1ST 5PM CLOSE

MONDAY, MAY 21st as of 8AM EST

 

SUMMARY OF THE CROWD’S LINE FAIR VALUE FOR BITCOIN vs. LAST PRICE

HOW TO USE THE CROWD’S FAIR VALUE PREDICTION FORECAST:

The summary of the Crowd’s Fair Value vs. Last Price uses the data collected, by crowd sourcing data predictions, to create a tool to identify a valuation difference in the marketplace.

EXPLANATION OF THE PREMIUM/DISCOUNT SIGNALS:

DISCOUNT SIGNAL: Occurs when The Crowd’s prediction is a higher price vs. last price of the cryptocurrency.

PREMIUM SIGNAL: Occurs when The Crowd’s prediction is a lower price vs. last price of the cryptocurrency.

 

TODAY’S CRYPTOCURRENCY NEWS HEADLINES

  • A STRONG START FOR THE PRICE OF BITCOIN:  Bitcoin gained more than 3% in early morning Monday trading.  The research shop Fundstrat, is reiterating its price target prediction that Bitcoin will reach $25,000 by the end of the year.
  • ALTERNATIVE ASSET BARTERING:  The NY Post is reported in that a 5-bedroom house located in Westport Connecticut is for sale.  The asking price is quoted in both Bitcoin and Ethereum, not U.S. Dollars.  The listing price for the house is either 250 bitcoin or 3,030 Ethereum.  While not a first within the world real estate it is interesting to see yet another example of how cryptocurrencies are being used as consideration for traditional business transactions.

 

8AM CRYPTOCURRENCY TRADING SUMMARY

 

 


 

THE CROWD’S LINE LAUNCHES NEW PRICE PREDICTION CHALLENGE FOR JUNE 1ST 5PM CLOSE

SUNDAY, MAY 20th as of 8AM EST

 

SUMMARY OF THE CROWD’S LINE FAIR VALUE FOR BITCOIN vs. LAST PRICE

HOW TO USE THE CROWD’S FAIR VALUE PREDICTION FORECAST:

The summary of the Crowd’s Fair Value vs. Last Price uses the data collected, by crowd sourcing data predictions, to create a tool to identify a valuation difference in the marketplace.

EXPLANATION OF THE PREMIUM/DISCOUNT SIGNALS:

DISCOUNT SIGNAL: Occurs when The Crowd’s prediction is a higher price vs. last price of the cryptocurrency.

PREMIUM SIGNAL: Occurs when The Crowd’s prediction is a lower price vs. last price of the cryptocurrency.

 

8AM CRYPTOCURRENCY TRADING SUMMARY

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