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If the AI price predictions were any good then the creator would trade using them and sell them to others.
by jgrahamc 7y ago
If the AI price predictions were any good then the creator would trade using them and sell them to others.
- manojdv 7y agoTheir ability to benefit from the predictions is limited by the amount of capital at their disposal
- Feeble 7y agoYes, that would be the logical conclusion of all these types of products. However, but if more people use this then the prediction will become more likely to be true. E.g. predict price goes up -> users starts buying -> price does go up. Would require a lot of users to affect price this way though I suppose...
- manojdv 7y agothats true. at some scale it could become self fulfilling prophecy and at even larger scale, it can be used as a signal for market movement.
- zackees 7y agoThis.
- sdan 7y agoNot to be narcissistic, but I can guarantee no whales are coming on anytime soon. Unless you control the keys and it supports cold storage, don't think it'll take off.
- manojdv 7y agoit is totally non custodial. target audience is prosumer, not a whale
- Mathnerd314 7y agoIt looks like after-the-fact trend change detection and then the AI just predicts a target price. Not completely useless, but trading requires a bit more modeling and also a lot of devops to ensure you don't get stuck in a trade if the computer crashes.