Author

Topic: IA bots on cryptomarket? (Read 250 times)

legendary
Activity: 2156
Merit: 1622
May 19, 2018, 02:45:48 AM
#5
They can slowly increase amount of money that bot put into one trade decrising risk you mantioned. But for sure this will be hard and expensive. Good point
legendary
Activity: 2156
Merit: 1622
May 18, 2018, 05:22:52 AM
#4
It is hard to imagine how will market looks like when there will be multiple bots with IA and big wallets on it. Thats why I set this topic. I realy wanted to talk about it with other traders/investors. If someone believe in Technikal Analysis would he still knowing that AI is on market. Program with no emotions. Playing against our emotions with news advantages?
legendary
Activity: 2156
Merit: 1622
May 17, 2018, 07:45:03 AM
#3
I think that those bots are making thousands of small transactions only to get really small profits.
When you make 1000 transactions with such small profits,it adds up.I will never use an AI bot for trading,because I don`t trust this technology.What if the bot "learns" how to lose every time. Grin

Profit is alwais % of investment. So it dasnt metter if its 1% out of 100$ - 1$ or 1% out of 1 $ x 100 - 1$.

If it can loose every time you run it to short market  Smiley

I didnt hear about IA trading bots already trading. Only as concept. I heard about one company that made AI news reader that could read 500 article is 5 languanges a day and knows what was inside. Imagine it on crypto. 0.1s after news in China your bot bought alt.
After 3h you have the same article in English when prise is 20%+

AI bots are insane. Imagine if they are already trading and learning us + they have news advantage
hero member
Activity: 2912
Merit: 900
May 17, 2018, 07:28:38 AM
#2
I think that those bots are making thousands of small transactions only to get really small profits.
When you make 1000 transactions with such small profits,it adds up.I will never use an AI bot for trading,because I don`t trust this technology.What if the bot "learns" how to lose every time. Grin
legendary
Activity: 2156
Merit: 1622
May 17, 2018, 04:10:34 AM
#1
Hello guys. Today i would like to start discussion about IA bots. I think that someone set IA bot on binance or binance himself runned it.

Since march i've noticed strange transaction on each pair on binance. Literaly every pair ... btc eth bnb and usdt with every coin. When market makes bigger move this bot makes dozens transactions in one - two seconds. Each of them has very low value. From few cents to few dolars.


It takes me 5 min to collect it for you guys. It happeds all the time.

How they make such a low value transaction? Minimum transaction for normal user is 10$. It makes me fill that binance is doing this transactions or someone who has negotiated special conditions with them.

Why it makes dosens of low value transaction instead of 1 bigger (100$ instead of 100x 1$)?

AI bot learning to play game with cars. (Deep learning)
https://www.youtube.com/watch?v=Aut32pR5PQA
https://www.youtube.com/watch?v=BhsgLeY_Q-Y

Thats how IA learns. It needs as much "cars" as possible and as much generations as possible. Thats why it trades on each pair making dozens of low value transaction on same price. Each "car" tryis to make biggest profit. All generations learns from it how to earn in the best way. Where to buy and where to sell.

I'm watching this bot for few days trying to find pattern in witch its buying (RSI, BOL, STOCH, walls (flors and ceiling)). None of it worked. That is second argument that makes me fill its IA bot.

what you guys think about it?



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