AI News, Ai cryptocurrency artificial intelligence
- On 9. juli 2019
- By Read More
The answer to forecasting Bitcoin may lie in artificial intelligence
As Bitcoin tries to regain some of the lustre it held in late 2017 when it nearly reached US$20,000 in value, investors are still questioning how to predict such a volatile currency.
Consequently, many investors track the so-called technical trading indicators (geometric patterns constructed from historical prices and trading volumes) in order to understand and predict Bitcoin’s future movement.
The rationale for using moving averages is that if the price of Bitcoin today becomes greater or lower than the average price over the past 50 or 200 days, traders could expect the emergence of an upward or downward trend.
Using daily observations from 2011-2018, we created an ANN with three predictors: returns, 50-day buy-sell signal and 200-day buy-sell signal.
By combining Bitcoin technical analysis and neural networks, we hoped that the ANN would find a pattern among the data that allowed us to more accurately predict future returns.
Our ANN model did indeed succeed in reducing the prediction error of the random walk by about five to 10 per cent over the full observation period.
Put differently, Bitcoin trading with our model would be on average more profitable than placing random buy and sell orders that have a 50 per cent chance of making a profit.
We concluded that the historical evolution of daily Bitcoin prices followed predictive trends (or bubbles) that potentially arise from the speculative nature of cryptocurrency trading.
We believe that the future of forecasting Bitcoin — and perhaps investing in general — lies in the abilities of artificial intelligence and artificial neural networks.
- On 19. januar 2021
Blockchain + AI = Decentralized Artificial Intelligence
What happens when we take two hottest technologies of today, AI and Blockchain, and put them together? Watch this talk by Siraj Raval to get the answer!
Billionaire Mark Cuban: Investing, A.I and Cryptocurrencies (2017)
An interview with billionaire entrepreneur and investor, Mark Cuban. In this interview, Mark discusses his investment strategy for Cryptocurrencies and the effect ...
🤖AI BTC Price Prediction. Shocking Results! 100k? $2.6k? (Artificial Intelligence) Free Tool!!
Artificial Intelligence Bitcoin price prediction. Using machine learning to predict the future price of bitcoin. What if I told you there was a free tool, you could use ...
What is Cortex? A.I. on Blockchain? SIMPLY EXPLAINED!!! [Cryptocurrency/Altcoin Review]
Hey Altcoin Daily Team, Today I review Cortex [CTXC]. Cortex is an Artificial Intelligence [AI] cryptocurrency company that is looking update smart contracts to be ...
Peter Thiel: "Crypto Is Libertarian, AI Is Communist"
Peter Thiel talks about crypto at Stanford University tip address: 1Ei5jy4xkqfqyTuGWKS6qsMH4ZnbcMLihv Segwit: 3GeHtarwz5xNhZu4oSzoDLVoTJZkjQtRpG ...
RFID, Blockchain, AI, Bitcoin - The Truth Will Shock You!
This video ties AI, the blockchain, Bitcoin and the RFID chip to the Image of the Beast and Mark of the Beast. Artificial Intelligence Is Coming to Crypto Trading: ...
AI Trader | The Machine Learning Bot
10% discount on the machine learning bot! = Hello traders. I am not in the habit of doing promotional videos as I am a purist ..
The possibility of Artificial Intelligence turning on humanity has been a concern for as long as we've had computers. Today we will look at some of those fears ...
What is SingularityNET AGI CryptoCurrency | Artificial Intelligence AI on Blockchain
Best Cryptocurrency Exchange Buy Sell Trade :
Cryptocurrency news aggregator powered by Artificial Intelligence | Cryptomood
Hi! Today i will present you new project called CryptoMood that is about Cryptocurrency news aggregator powered by Artificial Intelligence. Website ...