Post
Topic
Board Bitcoin Discussion
Re: Can Machine Learning truly predict Bitcoin's price?
by
meanwords
on 12/12/2021, 11:55:09 UTC
I've watched a lot of YouTube videos and read a lot of articles that claim that you can predict the Bitcoin price with Machine Learning and artificial intelligence like using some algorithm. Truth be told it is both intriguing and almost at the same time confusing. Personally, I don't think any ML or AI tech can make any price prediction now because we have a lot of whale manipulation (because the market size is smaller than any other market). Well, while I may be wrong I would like to know what you think. Have you ever gotten a satoshi richer by following the prediction of an algorithm?

There's a lot of factors that concerns the price of Bitcoin and most of them are unpredictable and sudden things. Predicting the precise price of Bitcoin would very well mean that AI can predict our future. I know those youtube videos did research on the topic but most of them are theoretical and not practical.

Basically, it's impossible to predict the price of Bitcoin even if AI/ML have so much data.