Quote from: kaar on January 15, 2018, 10:42:15 PM

Quote from: exuberant112 on January 15, 2018, 09:55:37 PM

Quote from: kaar on January 15, 2018, 09:49:13 PM

Quote from: exuberant112 on January 15, 2018, 09:38:54 PM

Quote from: D_M_G on January 14, 2018, 10:39:16 AM

Quote from: exuberant112 on January 14, 2018, 10:19:35 AM

I wonder if the Peculium AI will be expecting the rise in BTC after the Easter holidays, to somewhere near to $1600 - and the associated rises in all other cryptos as a result

Also I wonder if this AI will foresee the slight faltering of the ETH rates during this period, as people switch their ETHs into other coins, and other coins into BTCs to withdraw as cash for taking their kids / wives on holiday!

I will be super impressed if they do get this right, if they do better than my own manually drawn prediction chart I will literally be gobsmacked. Any predicction engine that can beat a relatively experienced human deserves a LOT more attention in the media than Peculium is currently getting.

Let's keep our eyes on that! So far the hype and the news is all good, well if this challenge can be risen to by Peculium's AI then I would predict a huge flood of investments even at lower bonus values. Intriguing!

so what i get here is that your own drawn prediction says that PCL will fail? Huh

No that's not at all what the comment says. I am saying that if it can predict events that do not exist solely in financial data sets such as sociopolitical events then I will be super impressed because I don't think that is currently something any other AI has or is doing.

You are pretty confident in your predictions, I am not so sure the things you said will happen. Anyway, I don't think AIEVE is trying to predict so far into the future.

Yeah that's true, but I don't make preditions if I don't feel fairly confident on them. I have a good track record recently so that's why I am confident, but that's also why all my posts allude to the fact that investments can go down as well as up! Just don't wade in with more than you can afford to, and be smart and it's always gonna end well.

For instance, your gut feeling is that I might be wrong here so just don't follow that prediction - do your own or find one that motivates your confidence. This is how proper investing should work, nobody is killing themselves with risk but at the same time feeling confident of good returns

I am under the impression from what I read into on that white paper - that the AI prediction uses forecasts and data trackers from a lot of financial sources like share index, interest rate tracker, coin conversation and coin sell prices, but as well as that it has input from actual people. So that is why I think if that is used correctly it could have a massive edge.

Also the prediction success rate they currently boast is flippin awesome so it's not out of the bounds of reasonable assumption that this AI system could be as smart as a person who is using a computer for data collection. In fact that's pretty much what I would call the perfect system. Machine tools under command of a persons intellect. Pretty cool.

What's your take on the AI and how far it can predict? I would love to hear your views as so far nobody has really given me anything, so its all white paper plus speculation from my own perspective. Always useful to hear another learned persons opine on the subject.

I by no means say that your predictions are incorrect or unlikely. On the contrary, your logic sounds pretty solid. However, I have learnt from my experience in crypto that the market can be very unexpected, that is why I don't try to make long term predictions on the exact price of a coin.

Obviously I don't know exactly how AIEVE makes it's predictions, but I assume it works similar to other AI's that try to predict things like the stock market or sports. Usually, those AI's can make two kind of predictions with a decent accuracy:
1. Relatively short term predictions which tend to be very specific.
2. Long term predictions which tend to be very general.
For example, it might predict that ETH is currently pumped and there will be a big correction in the upcoming weeks/months. However It won't be able to tell exactly when. Another example, it can analyze past patterns of a token to try and determine if a price drop is just a small correction or a real longterm decrease in the value of the token.

Those are just examples of course, and again there is a possibilty that AIEVE works entirely different and will be able to make accurate long term specific predictions. I simply think it's unlikely as this market is currently too volatile (take the situation in SK for example. No AI could have predict that. See how much effect it had on the whole market). If AIEVE does manage to do that, it will surely explode.

תודה, מעריך את תגובתך

The long term predictions even general ones are the ones I am more interested in, as I know most of the market are short term skimmmers - that's fine I have made decent returns doing that, but I see it as the riskier of the two and more work. Buying initial offerings of coins on the cheap then selling them incrementally years later is my new thing

So a savings system which incorporates cryptos is compelling for me.

That's why I became interested in this project to begin with!