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Topic: BTC PRICE Controlled BY Artificial intelligence (Read 277 times)

full member
Activity: 322
Merit: 101
February 16, 2018, 04:06:18 PM
#22
It's rubbish. If it was AI it would be logical and stable. Instead it keeps changing depending on what humans read in the latest news, and their fears of losing out.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
Ok, so this AI has billions of dollars in BTC to be able to influence the price on exchanges. Let's assume that it has access to an account given it by some government agency and that AI is actually playing with tax money. How does it influence the news? I'm saying that because the news and the political situation are what influences the price the most. A machine can't fabricate a Chinese or a Russian ban by getting into the head of government officials.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?

Well I can't say I agree, but I can't say I totally disagree either. The crypto market has low liquidity, so it can be manipulated my big whales. Exchanges hold a lot of funds as well and I don't really believe we have a free market, just ruled by supply and demand. What I mean is, that there are a lot of bots operating on exchanges right now, and when those bots belong to exchanges and big whales, they can of course control the market. From this perspective, the markets are kind of controlled by AI. Of course that the bots itself are controlled bu the exchanges and whales, so in the end, those are the ones that control the markets.
full member
Activity: 634
Merit: 118
Bounty Hunter Indonesia
I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?
maybe i agree and disagree for your opinion. agree cause i think so many trader use bot for trading bitcoin they have in exchange. and that causes bitcoin prices to be temporarily regulated by the bots they use. disagree cause when bitcoin prices go down drastically, traders definitely do bitcoin trading manually to minimize the amount of losses. but its just my opinion guys, happy trading ^^
member
Activity: 224
Merit: 10
I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?
disagreed, the rise and fall in prices on Bitcoin and other Altcoin it is the same as the increase in stocks, forex and commodities traded, the increase depends on Supply and Demand
sr. member
Activity: 518
Merit: 268
At least tell us why you think the price is controlled by Artificial intelligence. I personally think this is total nonsense, price is driven by demand and supply, period. This thread is in essence not any better than a thread saying Bitcoin will be $50k at the end of the year without any analysis, just a random guess.
member
Activity: 144
Merit: 10
I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?

Artificial intelligence such as bots or actual AI such as SOPHIA?

These questions are incredibly open with only anticipation of answers forthwith...
full member
Activity: 364
Merit: 102
I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?

So is AI controlling the price itself or the people who are offering up bitcoin for sale, or is AI only controlling the people who want to buy btc?  Roll Eyes
member
Activity: 252
Merit: 10
I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?

I don't think So. As a AI student i know what is AI. ok let's come to the point. Bitcoin Price is all about economy works and demand. If demand is so high then for sure btc gonna increase. other thing is also depend on investor which is called demand.
member
Activity: 182
Merit: 10
What are your arguments? Yes some people pay bots to control their investment. Especially in binance there are many bots. But I believe that bitcoin price was controlled by whales. Bots can make mistake.
full member
Activity: 807
Merit: 150
I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?

Im not believe this, Bitcoin price controlled by demand and supplay, many people want to uy the price pump, many people want to sell the price dump. Also bitcoin price controlled by news, bad news price dump, good news pump. Also from legalized
member
Activity: 728
Merit: 19
I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?
I think that at the moment your opinion is mistaken. But the fact that the robots trade and they are given a purposeful goal and they go to her yes. In the future, it is possible that a person in many spheres will be replaced by artificial intelligence.
newbie
Activity: 29
Merit: 0
Artificial intelligence is impartial the creation and when there is such huge volatility of bitcoin, it's manipulation. The manipulation can only be from the people - stakeholders.
legendary
Activity: 2898
Merit: 1823
Do not give the OP any merit points to rank up. Hahaha.
newbie
Activity: 113
Merit: 0
No. It's controlled by whales.

The whales make profit from dump and pump, again and again.

So if we want to get profit, that HODL.

I believe BTC PRICE Controlled BY most powerful  Artificial intelligence, You agreed?
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
We are "AI"  Shocked
jr. member
Activity: 266
Merit: 1
I think maybe.  How do we know what is the real price.  
legendary
Activity: 1932
Merit: 1273
That is a nonsense. If you said its controlled by a bot, partially I agree because there are some people using a trading bot to gain a profit. Currently, the Bitcoin price is just based on the how the economy works.
member
Activity: 107
Merit: 14
I also think that artificial intelligence has a huge impact on the price of bitcoin. After all, bitcoin can not be separated from the Internet. And the scope of artificial intelligence is getting wider and wider.
member
Activity: 110
Merit: 13
I do not agree with this view, from an economic point of view:
The price of bitcoin is determined by supply and demand. When the demand for bitcoin increases, bitcoin prices rise; as demand decreases, prices drop. With only a handful of bitcoins currently in circulation, new bitcoins are issued at a foreseeable gradual decline, signaling that demand must follow this level of inflation to keep prices stable.
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