Can AI really do manage a currency...

BillCoin

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Quote from: ?? on ??

In November of 2017 CoinLoop was lunched. Six months before this a group of crypto & finance enthusiasts sat in a room and brainstormed to create a machine learning bot which would be able to predict movements in cryptocurrency markets. After numerous brainstorming sessions, plenty of arguments, too many late nights and countless meetings with A.I. experts - came up with a trading system called ‘CoinBuzz A.I.’. This was going to predict price movements with pinpoint accuracy.

They claimed that they can predict price movements, but actually they couldn't do a lot.
Price movements is almost impossible to predict.
All you can predict is what other BOTS will do ,and it is only has an affect if the other bots are not based on AI.
You can't predict what people will do, so it's not really accurate, but I believe that once all the bots that trade in the stocks market and cryptocurrency market will be switched to work on AI platforms, it's going to be really hard for traders to actually beat them and make money.

@ngelcryptopia

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Staker.network - POS Smart Contract ETH Token

They are quite a number of projects that leverages AI as a key tool to manage crypto assets with the ultimate goal of delivering an optimal return and growing your ce
rypto wealth.
Peculium is one of them, with its AIEVE that has been tested to generate positive rerurns.
Daneel is another one that uses AI that helps users to process the vast amount of information in the crypto world.
Vega AI Solutions will provide automated trading solutions using Machine Learning & AI as well.

wack slacker

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Quote from: AshCoins on April 08, 2018, 11:30:38 AM

At a crypto conference they were talking about how AI programmers are extremely expensive and in short supply right now. The only projects that can really implement and run an AI crypto management system are the ones that raised a lot of money. And the rest it’s pretty unlikely they really have an ability to deliver.

I think so too. AI is not easy like some coding program. it needs lots of work to success. just some very big company had that ability to run AI.
and, the whole market capacity just equal to 2 big company. so has very less chance that some tiny projects in crytocurrency release a good AI

AshCoins

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At a crypto conference they were talking about how AI programmers are extremely expensive and in short supply right now. The only projects that can really implement and run an AI crypto management system are the ones that raised a lot of money. And the rest it’s pretty unlikely they really have an ability to deliver.

bigcash2011

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The main concept of cryptocurrencies is already that, decentralized ecosystem with no intervention, so marinecoin is nothing extra ordinary, i do see revolutionary projects coming up in the field of AI, but i think there are already enough cryptocurrencies for the purpose of payments etc we need more innovative projects now, the old ones should focus on more features and development.

sunnydmd

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Blockchain with solar energy

Quote from: indefinite1 on March 31, 2018, 10:02:12 AM

Deeply affected by AI in every aspect of our lives from a simple phone call to a very complex health related decisions. Jarvis, the AI, claims that it can manage a crypto currency, Marinecoin, without human interaction. Can it really do that or is it just one of those futile attempts? Very curious matter indeed...

my answer: yep, it can!
indeed, Facebook had already shutdown some AI cause they communicate through a language that they developed themself.
AI actualy can do much more than you think nowaday. ^^
don't be surprise when you find out.

Winner

legendary

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Look ARROUND!

Quote from: indefinite1 on March 31, 2018, 10:02:12 AM

Deeply affected by AI in every aspect of our lives from a simple phone call to a very complex health related decisions. Jarvis, the AI, claims that it can manage a crypto currency, Marinecoin, without human interaction. Can it really do that or is it just one of those futile attempts? Very curious matter indeed...

It depends on how the AI is initially programmed. Since Computers can't do randomized outputs they will have a tough time to learn how to manage a Currency.

indefinite1

newbie

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Liked the story but the ending. "It was going to....Is there any current news on that?

indefinite1

newbie

Activity: 4

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Deeply affected by AI in every aspect of our lives from a simple phone call to a very complex health related decisions. Jarvis, the AI, claims that it can manage a crypto currency, Marinecoin, without human interaction. Can it really do that or is it just one of those futile attempts? Very curious matter indeed...

Topic: Can AI really do manage a currency... (Read 154 times)