3 ms·
Do you consider cryptocurrency mature?
by proofofstake 9y ago
Do you consider cryptocurrency mature?
- chvid 9y agoNope. But even for those types of market I doubt that there exists an academic paper describing a reproducible trading strategy/method with above normal returns.
- proofofstake 9y agohttps://pdfs.semanticscholar.org/db15/1836543d8a70db1dabef3dee43637a7cd29f.pdf https://pdfs.semanticscholar.org/db15/1836543d8a70db1dabef3d... "Bayesian regression and Bitcoin" > The strategy is able to nearly double the investment in less than 60 day period when run against real data trace. http://cs229.stanford.edu/proj2015/029_report.pdf http://cs229.stanford.edu/proj2015/029_report.pdf "Algorithmic Trading of Cryptocurrency Based on Twitter Sentiment Analysis" http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0177630 http://journals.plos.org/plosone/article?id=10.1371/journal.... "When Bitcoin encounters information in an online forum: Using text mining to analyse user opinions and predict value fluctuation" https://pdfs.semanticscholar.org/e065/3631b4a476abf5276a264f6bbff40b132061.pdf https://pdfs.semanticscholar.org/e065/3631b4a476abf5276a264f... "Automated Bitcoin Trading via Machine Learning Algorithms"
- chvid 9y ago"Based on this price prediction method, we devise a simple strategy for trading Bitcoin. The strategy is able to nearly double the investment in less than 60 day period when run against real data trace." From the paper "Bayesian regression and Bitcoin". I think are more relevant question is: This is clearly not the case in the real world - so why does it appear to be like that? But thanks for the links; I will enjoy reading through them.
- proofofstake 9y agoDo you mean by "the real world" that Bitcoin price prediction does not work in the real world? Or that stock market prediction/strategies do not work in the real world?