Hello Bitcoin Community,
the long-standing members might remember the prediction thread created in 2014 which was based on an artificial neural network and was created as a hobby project.
Fast forwarding nearly four years the world of bitcoin, blockchain, data science and artificial intelligence nearly completely changed.
Cloud services and cloud computing are common and cost efficient, advances in hardware and software development made machine learning and especially deep learning becoming affordable and it is starting to be widely used among businesses, the revolution of the immutable blockchain is clearly beginning to unfold while Bitcoin is at an all time high of 13.400 $.
Therefore our group of leading scientist and bitcoin enthusiast decided to found project Peculium - combining the power of AI with the revolution of the blockchain to create AIΞVE.
The ultimate goal of our project is to stabilize the volatility of the market through new saving mechanisms.
AIΞVE should not be solely though of as a classical trading tool (Wall Street like trading algorithms) but as a solution for the people to secure and bring confidence into the crypto and bitcoin ecosystem.
Even though our AI which is based on automatic machine learning is quite young - version 0.1, includes only a part of her planned abilities regarding predictive analytics and that we still need funding - we believe she can already manage to forecast the market price of Bitcoin and some other cryptocurrencies within an acceptable error margin of 3.4% especially under the fact that she is autonomously learning from her mistakes.
For this reason we would like to publish the first prediction results of our creation AIΞVE and at the same time propose the Bitcoin Community a little challenge!
Are you dear members of the bitcoin community capable of beating AIΞVE in a ~24-hour prediction challenge over 14 days?
We are confident in our work and thus will put forward a Bitcoin prize in the case someone is able to beat AIΞVE
We will try to keep the rules as easy as possible:
RULES
The challenge will run 14 days!
Start: 07.12.2017
End: 21.12.2017
The prediction result will be the closing price of Bitcoin on www.coinmarketcap.com in the historical data tab.
Link: BTC
Every day at 02:00 GMT+0 AIΞVE will make a price prediction of the BTC price for the next day at 00:00 GMT+0.
Human participants have time until 02:00 (+00:30 h extra time as a prediction advantage) GMT+0 to post their price predictions for the next day at 00:00 GMT+0 in this thread.
If you edit your prediction post it will become invalid and will not be counted!
Example: If you wish to make a prediction for the price on friday 08.12.2017 23:59:59 GMT+0 then you would need to post you prediction until the latest on friday 08.12.2017 at 02:30 GMT+0.
The winner of the challenge is the participant - human or AI - who has the least prediction error averaged from her/his 10 best predictions.
If you miss a prediction date(s) then your missing prediction(s) will be calculated as the average error of all human predictions for that day.
Prize:
Place 1: 0.03 BTC + 60 days AIΞVE free advisement
Place 2: 0.01 BTC + 30 days AIΞVE free advisement
Place 3: 0.01 BTC
The challenge will run 14 days!
Start: 07.12.2017
End: 21.12.2017
The prediction result will be the closing price of Bitcoin on www.coinmarketcap.com in the historical data tab.
Link: BTC
Every day at 02:00 GMT+0 AIΞVE will make a price prediction of the BTC price for the next day at 00:00 GMT+0.
Human participants have time until 02:00 (+00:30 h extra time as a prediction advantage) GMT+0 to post their price predictions for the next day at 00:00 GMT+0 in this thread.
If you edit your prediction post it will become invalid and will not be counted!
Example: If you wish to make a prediction for the price on friday 08.12.2017 23:59:59 GMT+0 then you would need to post you prediction until the latest on friday 08.12.2017 at 02:30 GMT+0.
The winner of the challenge is the participant - human or AI - who has the least prediction error averaged from her/his 10 best predictions.
If you miss a prediction date(s) then your missing prediction(s) will be calculated as the average error of all human predictions for that day.
Prize:
Place 1: 0.03 BTC + 60 days AIΞVE free advisement
Place 2: 0.01 BTC + 30 days AIΞVE free advisement
Place 3: 0.01 BTC
We are hoping for a big community participation and wish everyone good luck in predicting the future price of our beloved Bitcoins.
Our AI team is lead by one of the UKs most renowned data scientist expert Abed Ajraou who will also try to answer questions about project Peculium and talk about machine learning here in his free time!
If this caught you interest and you wish to know more about our project or talk directly with us, feel free to visit our website https://peculium.io/ and/or join our Telegram.
Two articles we released regarding our project Peculium and AI that might be of your interest:
https://steemit.com/blockchain/@peculium/peculium-an-ico-but-above-all-a-project
https://medium.com/@Peculium/aieve-a-lesson-to-predict-the-future-feccea9ec506
Criptix
Team Peculium
Ps: Consider this thread the begining of a new era! Resistance is futile!
Here is the Altcoin prediction thread with a prize of 250.000 PCL tokens.