Topic: A simple tool to test how bitcoin correlates with anything (Read 662 times)
This could be quite profitable with the right data sets, very cool!
Bitcoin correlator
Bitcoin prices have been incredibly volatile in recent months. To shed some light on what might influence or be influenced by these shifts, we built a bitcoin correlator that lets you correlate data from anywhere on the web with the current price of bitcoin. We know that calculating correlations based on 1 or 2 days of data is effectively useless. But this is a seed, and in 15, or 30 days you could start to see something interesting.
Added to my todo list, thanks.
Bitcoin prices have been incredibly volatile in recent months. To shed some light on what might influence or be influenced by these shifts, we built a bitcoin correlator that lets you correlate data from anywhere on the web with the current price of bitcoin. We know that calculating correlations based on 1 or 2 days of data is effectively useless. But this is a seed, and in 15, or 30 days you could start to see something interesting.
Added to my todo list, thanks.
This is awesome!
We just rolled out a simple tool to let you test how any data on the web correlates with the price of bitcoin: http://www.kimonolabs.com/bitcoin/correlator You can turn web data into APIs by pointing and clicking on the data you want... as data is collected over time, the correlations will become more meaningful. Would love to hear your thoughts/ feedback. Thanks!
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