STEEM and EOS Price Predictions - Steemit Business Intelligence

in #cryptocurrency7 years ago

Do you remember two weeks ago I made a prediction on the price of both STEEM and EOS will be at the 31st Aug?  Well how did I do? and what is my next prediction?

If you missed the post you can read it here https://steemit.com/steem/@paulag/predicting-the-price-of-steem-and-eos-using-r-script-steemit-business-intelligence

My prediction for the closing price of STEEM was $1.36.  Per coinmarketcap the actual closing price was $1.56

My prediction for the closing price of EOS was $1.31.  Drum roll please as the closing price of EOS at the 31st Aug was $1.30.

Fantastic that my R shaped crystal ball was so close in predicting the price of EOS so accurately.

Of course I don’t really have an R shaped crystal ball to look into.  Instead I used the power of an R script in a custom visual within PowerBI.

If you don’t know about PowerBI, well to keep it simple it is a self-service business intelligence software. Self-service meaning no programming is required.  The desktop version is free, so anyone can download and play around with it.

R script is a programming language used for statistical computing and graphics.  However there are many pre written scripts that you can download and use within Power BI without the need to know R.

In my first prediction post, @alexpmorris pointed out that the R script is

‘a probability curve based on historical volatility. It's often used to get a rough idea of the expected trading range over time for options-related strategies.’

STEEM Price Prediction 15th September

STEEM had an awesome run at the end of Aug and I am predicting a closing price of STEEM on the 15th Sept to be $2.10.  If there is a break out and rally it could go up to $4.18, but on the down side it could also hit $1.06 

EOS Price Prediction 15th September

    

I know some people are excited for EOS to go down so they can hop in.  So for them this prediction is good news as I predict that the price of EOS at the 15th Sept will be $1.02.  If it goes high it could reach $1.23 and if it really drops it will go down to $0.88

So there you have it. My price predictions for STEEM and EOS on closing price on the 15th of Sept.

Remember this is just for fun.  Please do not take this as trading advice as I know nothing about trading and I am not a financial advisor.

 I am part of a Steemit Business Intelligence community.  We all post under the tag #BIsteemit. If you have an analysis you would like carried out on Steemit data, please do contact me or any of the #bisteemit team and we will do our best to help you...

Want to join #bisteemit :  https://sbcautoinvite.herokuapp.com

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Definitely worth an upvote! Great post! thanks for sharing, and here is the Chinese translation that I will share among the #cn community.
https://steemit.com/cn/@justyy/steem-eos-steemit

as usual, you are continuing with excellent quality content!

Drumroll indeed! Well done and Upvoted! Could you please possibly do an analysis of @papilloncharity? I need to investigate our weaknesses towards real growth?

it's refreshing to see someone who invites investigation!

Thank you! How would you feel when you give someone a coat that you value and they sell it or pawn it for personal gain? It is the same with donations that are meant to empower the poor! Charity work requires sacrifice and if your heart is not in it, don't do it! If you are in it for personal prestige or gain, you are lost right from the start! People will soon see through you! Blessings to you! Stephen

okay I will have a look and see what I can come up with. Would you like to keep this analysis private?

Thank you so much for your kind help! Yes! I think we should keep it private! How would we do this? Would you want my e-mail? Or could you perhaps advise as to what it is that I should do?

I will talk to you in #steemitbc

Nice job Paula.

While the trend line for EOS is bad, some are predicting an update from the developers in the next week or so. For that reason I am afraid to be out of EOS and miss a quick move higher. When these things run they move quickly.

so true, when a change happens it is fast

$2.10 by Sept. 15? hey, please have @stellabelle set-up that steem debit card so i can buy more pronto !!

that would be so awesome

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by paulag from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

Thx for sharing all those info, still new here & not getting all the games yet... But Keep it up... Like your work ;)

BOOOM!
Upvoted, followed & resteemed!!!

Great stuff @paulag and fair play to for making the predictions, something I would not be brave enough to do. There seems to be allot more talk about EOS these days which is great to see. I will post an article on EOS I came across recently you may not have see it interetsing stuff, EOS is definately one to watch

block.one to Introduce “EOS: Next Steps” at the 3rd Global Blockchain Summit with Brendan Blumer Being the Demo Day Judge

https://steemit.com/eos/@eosio/block-one-to-introduce-eos-next-steps-at-the-3rd-global-blockchain-summit-with-brendan-blumer-being-the-demo-day-judge

would you believe I read this post today. Interesting times ahead

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