Post
Topic
Board Bitcoin Discussion
Re: Can Machine Learning truly predict Bitcoin's price?
by
Yamifoud
on 13/12/2021, 12:53:01 UTC
Or maybe, we need to buy and use one of these AI/machine learning in order to evaluate its performance. This is gonna be the best solution and to prove something, I think.
It's useless and it could be wasting your time and money, there's no such way to predict the future price of Bitcoin.
But one thing all we know is that Bitcoin price was always ended at a high price.  Even though this machine has an AI algorithm system that can able to predict but I think it isn't accurate.

What kind of machine it is?
If so, there could be a chance it will use in an automated trading bot, and this may be the perfect tool in trading.  But yes, for sure the performance doesn't have a guarantee that it has an accurate result.
Indeed, a waste of money and time. And there is no way to predict the future of Bitcoin and I think, we've done with our own market analysis and TA which I think we don't need such machine.
I don't know how the invention is made and how it proves that it predicts the right price. We keep thinking about the volatility of the market which makes these predictions and any form of predictions will never be perfect or even too close to it.