My Forecasting Accuracy is Very High - I am a True Profit Generator!
I have made tons of forecasts about cryptocurrencies in the past, and they have had a very very high accuracy. The beautiful thing about a blockchain is, that everything is recorded and you can verify my claims later, to see that I am speaking the truth here.
My older posts can't be edited anymore (I think after 7 days it remains permanent), so you can easily verify my older statements and forecasts.
Let's see how accurate my forecasts were!
⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯
In that post made on 11-Nov-2016, I have predicted that 3 currencies will rise in value through November. One month didn't passed yet, but let's see how accurate my predictions were if you would have invested in them, and were to sell now:
| Coin | Price in Nov | Price Now | Profit |
|---|---|---|---|
| CasinoCoin | 3164 sat | 3000 sat | -5.1833 % |
| Clam | 94300 | 92800 | -1.5906 % + 0.6521% = −0.9385% |
| PeerPlays | 11.38$ | 15.15$ | +33.1282% |
| Total | +27.0064% Profit |
- CasinoCoin had only a drop in liqidity in the BID side, but the ASK side is pretty much at the same level, so the price drop is only due to a lack of liquidity.
- In Clam I have also added the JustDice profits to it since you can stake your CLAMS there. The casino generates on average 0.02964% ROI daily. Which you can calculate, since the wager profit is 1.249078% of the wagered amounts and the average wagered amount per day in the past 22 days was 433.5318326996 CLAMS, so you just compare that to the staked amounts, and it generated in total 0.6523% ROI, in 22 days. Now in the past 22 days it didn't because of some lucky variance, but on average it will, so I will just take that for granted, it's a passive profit.
I first called Monero going up at 22-Aug-2016, at 0.0042 BTC.
Then I called it further:
https://steemit.com/trading/@profitgenerator/monero-best-investment-of-the-week
https://steemit.com/trading/@profitgenerator/huge-profit-with-monero-92-85-profit-in-5-days
https://steemit.com/trading/@profitgenerator/249-profit-monero-insane-money
| Coin | Price in Nov | Price At Sell | Profit |
|---|---|---|---|
| Monero | 0.0042 | 0.01460003 | 247.6197% |
| Total | +247.6197% Profit |
- It was actually 247.6197% profit, but I was so excited back then that I mistyped it as 249 and 291, my hands were literally shaking when I wrote that post. I made a lot of money then haha.
I have predicted the Steem price for Oct 17th to be 0.00043 BTC. The price on Oct 17th did hit 0.0004362 BTC at 11 o'clock.
That is only a forecast error of 1.4418%, very accurate indeed.
I predicted:
BTC_USD on Oct 22 should be 636.34390$
It was 655$, according to Blockchain.info so it was an error of only 2.9874%, although my models since then have improved, so I can probably forecast it now much better with the PROFITGENERATOR II.
I predicted that Bitcoin could skyrocket soon when it was only 615$ on the 1st of Oct. It did skyrocket later, now it's 772$, that is a profit of +25.5284%. The term "soon" was vague, but it did go up just after a few days, so this forecast was indeed accurate.
It was an extension of this forecast later: https://steemit.com/bitcoin/@profitgenerator/bitcoin-is-very-hot
I predicted the price to hit 700 EUR, and that came true as well. Both predictions came true!
SO DO I DESERVE THE USERNAME PROFITGENERATOR?
Disclaimer: The information provided on this page might be incorrect. I am not responsible if you lose money using the information on this page! This is not an investment advice, just my opinion and analysis for educational purposes.
Img Source: https://just-dice.com
Upvote, ReSteem & 
You deserve it :)
What is your next prediction so I can follow you up on it? Thanks in advance!
I don't have one at the moment, but I keep close eyes on Monero and BTC, the price of both is looking interesting.
Also I think Steem could turn around (up), especially after the hardfork, so worth keeping an eye on those markets.
TNX! I will put my spare satoshi into Steem. I guess Steem can rise more that BTC in the following weeks...
No, my point was that if both BTC could go up, and STEEM, then the STEEM/BTC price will not really move, so I would sit that one out.
That is why I am undecided for now.
I'm bullish STEEM with the hard fork and recent updates, esp massive reduction in inflation and significant decrease in STEEM POWER withdraw period.
Me too, but I just cant force myself to buy STEEM now. I need to see more stability first.
So the next hardfork will be the basic requirement for me to invest more.
Understandable. My investment horizon for STEEM is indefinite, so I never fret when the price goes down and I get to buy more cheaply. The biggest hold up I had in making larger purchases in the past was the crazy inflation and long lock-up period. With this fork, my two biggest concerns go away.
haha, peerplays cant be included as its a set profit, so infact your down !
What do you mean, according to this chart, it's up:
https://www.blockchainstats.org/altcoin-market-data/peerplays-market-data/
peerplays has a set raise each month .
I don't understand, what is a set? Where can I look at the real price then?
I havent actually invested in it, so I cant find it anywhere on exchanges.
https://cryptofresh.com/a/PEERPLAYS
check the volume there and read up in bitshares forum
I don't have time now, please explain here, how much did the price change since Nov 11?
If you are correct, then I will correct that part from my list.
Thanks, crystal balls are getting hard to come by :)
Congratulations, deserve! EV+
Could you give a prediction for the steem price after the hard fork?
Also what about the golos price? Are you invested there?
When is the hardfork exactly?
https://golos.io ?
what about you losses? It would be interesting to compare.
I don't have, except what @jason-donovan might have pointed out, but I don't really understand what he is saying.
Either way the Monero profit would engulf all losses that could have happened.
Even my own portfolio is up massively. I did invest in Monero, BTC, Clam , but I didn't invest in Peerplays CasinoCoin.
I am wondering what was your approach on Steem. Mine was to put my time but not my money on Steemit. And I started very recently to convert my rewards to other cryptocurrencies.
I personally focus on Steem Power, I think it's worth it longterm, but I want to see the STEEM inflation lowered before I would invest in it. It could be a nice passive profit system through curation, once that issue is sorted out.
I agree. My goal in the begining was to power-up any reward I could get. I think there will be a massive dump on the 6 of december
I disagree, why would people dump when the inflation is about to get lowered?
Less steem issued should increase it's value, and future value. I think people will power up now even more, especialy since the power down interval will be decreased to 13 weeks instead of 104 I believe.
To continue our discussion about Steem, I agree with you in the long run. The proposed change will give, I hope, the desired guarantees for the investors. But I still think that it is realistic to expect a good dump. This might be covered by a good volume of buy but I am not sure it will happen in the beginning.
But why? If the withdraw period is reduced then could the people power down just to cash out?
But that doesn't make sense, people hold SP for longterm anyway. Cashing out in 104 weeks or 13 weeks it doesnt matter in the eyes of the longterm holder because maybe they don't want to cashout.
If I understand correctly, most of the inflation came from the witness + mining + post reward. So there will be less distributed now, amongst the same people.
This should incentivize people to work harder for less money, but it will greatly improve the content around here. It's a bit harsh, but if we want to get back those 90,000$ profits, then we can only give it to the quality posters.
But obviously the post rewards will be more egalitarian in the long term, as the market becomes efficient.
You forget that no one had the choice on holding SP, it was by default. So not everyone hold SP because the want long term investment. For instance I have two accounts and on one of them SP is pretty much unuseful. This is why I am expecting some kind of dump, although with your arguments I am wondering if it will be noticeable.
Ok I get what you say, but even if the next power-down bulk will be larger by 8 times, most of the STEEM is not in raw form but in SP, so I doubt more people will be powering down than before.
Now you could be right if the whales do continue to power down, and if the size of it is increased by 8 times that could be a massive dump.
However whales like to keep their power, so I think they will just hold on to it in ancitipation of future value.
Steemit is slowly getting mainstream with cool new features, and many more to come. Dumping now would be foolish I think, and the whales know this.
So I don't really expect anything negative, although I would not invest now either, since I want this to be over with, and then we shall see.
As you say, we shall see. :-)
This post has been ranked within the top 80 most undervalued posts in the second half of Dec 03. We estimate that this post is undervalued by $6.33 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Dec 03 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.