Hey guys, so I have a slightly more reasonable prediction than the "prepare for march 16th dip" post made a little while back.
As some of you may have seen in a post I made several days ago, I have been working on software that uses neural networks to predict bitcoin prices. The predictions can be seen at http://www.btcpredictions.com/
The short term neural network has been consistently predicting a dip from around $585 down to about $562 and then back up to around $590 starting around 4am EST, reaching its lowest price around 7am and then returning to $590 around 10am.
Obviously this program's predictions are not always right, and predictions that are further away are more difficult for it to make. However, it seems relatively confident about this dip. I believe the dip will occur, though the magnitude may be a bit off or the dip may be shifted in one direction slightly. So we'll see how well the software performs!
As some of you may have seen in a post I made several days ago, I have been working on software that uses neural networks to predict bitcoin prices. The predictions can be seen at http://www.btcpredictions.com/
The short term neural network has been consistently predicting a dip from around $585 down to about $562 and then back up to around $590 starting around 4am EST, reaching its lowest price around 7am and then returning to $590 around 10am.
Obviously this program's predictions are not always right, and predictions that are further away are more difficult for it to make. However, it seems relatively confident about this dip. I believe the dip will occur, though the magnitude may be a bit off or the dip may be shifted in one direction slightly. So we'll see how well the software performs!
Let me translate the OP's text for everyone:
"Hey guys, I'm a newb that just create an account a few days ago. I'm really a shark trader and/or whale that is trolling, but I'm going to pretend that I'm an innocent and I've got some amazing bitcoin TA powers so that people believe me. I'm affiliated in some way or have insider knowledge of the group of whales that plan to post a fake FUD article about China banning bitcoin during the night. It should happen around 4am EST. When they do, the Chinese market is going to go into crazy panic sell off mode, and the price should [dip from around $585 down to about $562 and then back up to around $590 reaching its lowest price around 7am and then returning to $590 around 10am]. My cronies will then take advantage of the panic by scooping up cheap coins. But you'll think that somehow I have these amazingly predictive TA powers, and you'll give me kudos for being right and start following me in the Speculation forum. You'll also think my neural net software is amazing, when it really doesn't do shit. Yay me and my cronies for conning you all."
