Artificial intelligence is on a fast track. Task that were once considered to be time consuming and energy sapping are now completed within minutes using AI. some traders sit for hours in front of their gadgets analyzing charts and studying trends yet they end up making bad trade calls, but now there are AI bots that analyses the market and places trades automatically even while you sleep.
So friends, what do you think the future have in store for BTC trading and mining?
In mining, let it be alone with the miners and it doesn't really need some AI in doing that. The computing power that's being produced by ASIC miners is what it exactly needs. As for trading, having forecasts and analysis, they'll just base on the numbers that they can gather through the web and that's what they'll just say. So, maybe in the future we'll see a more advance AI discussing things that we'll accurately have in terms of trading but when it does happens, do you think that exchanges will still be there if everyone will just rely on AI for their accurate winning trades? I don't think that it will ever be allowed by these exchanges or if they do, there will be some counter measures and standards set by them or else, they'll go bankrupt.