Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
leepfrog
on 19/11/2017, 04:49:34 UTC
It is logical to think like 'can a market as young and volatile as cryptocurrency be successfully partnered with Artificial Intelligence to produce a profitable outcome?'. With market capitalization in the low millions up to low billions, cryptocurrency markets present too small an opportunity to interest most trading banks and hedge funds. They use the power of their deep pockets coupled with AI to generate massive profits from high-frequency trading where a few millisecond advantage over competitors can generate big returns.