In early 2023, AI-type tokens or coins experienced quite a high hype after ChatGPT went viral in the community. So that several AI projects such as OCEAN, AGIX and others have experienced quite high and sustainable increases. But hype is still hype. Because we can see that now the hype has died down and all AI coin prices are starting to fall back to the levels they were before the AI hype started. But the AI hype can come back suddenly so I personally collect some AI coins to be prepared if the Hype does happen again.
AI continues to develop so when there is good news about AI, we must be prepared for the increase that can occur in AI-type coins. Singularity here is what I like the most. Because it has projects in the works that are even said to want to beat ChatGPT in the next few years. Dwyor
Topic: Is AI in crypto a game-changer or just another hype? - page 2. (Read 524 times)
For instance, Bitget has integrated AI into its grid trading system, and it's likely that other exchanges are exploring similar paths. But the big question remains: Will these AI implementations truly deliver on their promises or will they become obsolete in the future, dismissed as mere trash? As a crypto enthusiast, it's crucial to keep a watchful eye on the advancements and critically assess the real value that AI brings to the crypto space.
I strongly believe that we would see more AI powered-projects because of their codes are freely available on GitHub sand some other places on the internet. My two predictions are that most people will not do their research and will end up investing in these project because it has the word "Artificial Intelligence" only for the bot to just burn all the money in transaction fees. The core principle of investing and trading shouldn't thrown away because a project is AI supported. For example you must learn how to set a stop loss. My second prediction is that AI to know an AI best performance, test it against Live trading and see how it performs. Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.
ChatGPT is without a doubt the best chatbot that has existed, however an AI dedicated exclusively to trade the markets has been on the making for a very long time, however we do not hear about it as trading and investing firms keep their research under strict secret as they know that any advantage they may gain can be the difference between making a fortune or not.It is because of this so many talented people work at those firms, as they need all kind of people developing mathematical models and improving their AI to keep themselves competitive against other financial firms.
In the current crypto landscape, we're witnessing an influx of AI-powered projects. However, it's crucial to remain skeptical as many of these projects lack solid evidence to support their claims of being AI-driven. It appears that some are merely trying to create hype to sell their tokens without substantial technological backing.
This is cryptospace and anything I mean everything is possibly to be achieved only if they are determined to work towards it, how do I mean?
People don't always showcase their real intention ( be it project owners) towards the general public and to their community in general, they could came with an intention of AI-driven project without having to presents all the qualities it needed to be called an AI oriented project. However, as a trader or investors you should know things like always ends being hyped.
From my understanding, there has been lots of AI projects that has been existing for long and my question is that; Since all this projects has been existing does it mean that they haven't exhaust those their usecases?
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On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.
As a beginner you do not need to enable a trading bots, as most times trading bots do malfunction and whenever its happened there is always problems within those exchange or between those users who implemented those tools and the risk is to their own detriment and, the exchange doesn't support or bear risk that may comes at the later ends, for instance just as those who does copy trading and their risk are not subjected to the exchangers that is why you must take caution and cautious of how you implement those tools.
Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.
Bro game changer can be because trading is not for everyone but Investment opportunities are widely available for everyone in the context if AI really gets proper implementation as always being on the same point what I had previously it really needs time, it can really change the game for those who want the passive income from the trading because AI will make way faster and effective technical analysis for the reading patterns will the piece of cake and etc luxuries the new ones can enjoy.
But the point is with the consequences when everyone will use Ai and bots they influence market emotion will get reep out which is one of the major consequences leading to a nonvolatile and sideways-moving market because there are bots and AI with the same behavior driving the market. So AI is good and ad in our ways but for now we don't need to are about it. On-time can discuss it in a more precise way.
Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.
This cycle will continue and the Era where AI technology dominates will truly occur. Just look at how the implementation of Ai technology is in all fields of knowledge, especially in crypto, of course it will be a more modern future. The Ai project is not a game changer, but it is like a tool that will make crypto more powerful and can make it easier for users to carry out any activity. Everyone now seems to be familiar with Ai. Considering that AI is on its infancy and already created this much hype, usually what kills any hype is that nothing improves. This is also not just about crypto, AI is in everything we do and its an important thing and that's a difference. However, even if we just think about crypto terms, we can say that things like DeFi and NFT and all that they just existed, stayed the same, didn't improve much and lost their hype because of that. Now that we are looking at the situation right now, we could say that AI will keep on improving and being better, and that is why its not just another hype, its going to be something a lot bigger than what it is today because it will improve for sure.
I agree that AI is better than those projects before and it actually gains more interest knowing that AI is considered one of the used tools these days. I say it was a hype and a game-changer but despite the capability it has, we shouldn't have to be solely reliant on this as is still have some limitations for sure. However, as the development continues and their competition, we can expect better and better AI technology that can be applicable in all areas. Remember that it won't work on its own, it will still need human intervention as you still need to set them up.
Many people thought that once they integrate AI in their trading, it will work on their own and just collect profits.
So yes, many are mistaken on this idea because they have misconception when it comes to AI capabilities.
It may not be a hype but the current advancement in our technology, but to exhaust its potential, as I mentioned, it needs human programming.
Considering that AI is on its infancy and already created this much hype, usually what kills any hype is that nothing improves. This is also not just about crypto, AI is in everything we do and its an important thing and that's a difference. However, even if we just think about crypto terms, we can say that things like DeFi and NFT and all that they just existed, stayed the same, didn't improve much and lost their hype because of that. Now that we are looking at the situation right now, we could say that AI will keep on improving and being better, and that is why its not just another hype, its going to be something a lot bigger than what it is today because it will improve for sure.
I agree that AI is better than those projects before and it actually gains more interest knowing that AI is considered one of the used tools these days. I say it was a hype and a game-changer but despite the capability it has, we shouldn't have to be solely reliant on this as is still have some limitations for sure. However, as the development continues and their competition, we can expect better and better AI technology that can be applicable in all areas. 
Hmm, First of all for the OP I had already posted my view/comment. Secondly, I was observing some sort of spam posting by a few users in the Trading section especially as OP had 3 back to back active topics with a -ve reputation.
Bro game changer can be because trading is not for everyone but Investment opportunities are widely available for everyone in the context if AI really gets proper implementation as always being on the same point what I had previously it really needs time, it can really change the game for those who want the passive income from the trading because AI will make way faster and effective technical analysis for the reading patterns will the piece of cake and etc luxuries the new ones can enjoy.
But the point is with the consequences when everyone will use Ai and bots they influence market emotion will get reep out which is one of the major consequences leading to a nonvolatile and sideways-moving market because there are bots and AI with the same behavior driving the market. So AI is good and ad in our ways but for now we don't need to are about it. On-time can discuss it in a more precise way.
Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.
Bro game changer can be because trading is not for everyone but Investment opportunities are widely available for everyone in the context if AI really gets proper implementation as always being on the same point what I had previously it really needs time, it can really change the game for those who want the passive income from the trading because AI will make way faster and effective technical analysis for the reading patterns will the piece of cake and etc luxuries the new ones can enjoy.
But the point is with the consequences when everyone will use Ai and bots they influence market emotion will get reep out which is one of the major consequences leading to a nonvolatile and sideways-moving market because there are bots and AI with the same behavior driving the market. So AI is good and ad in our ways but for now we don't need to are about it. On-time can discuss it in a more precise way.
Considering that AI is on its infancy and already created this much hype, usually what kills any hype is that nothing improves. This is also not just about crypto, AI is in everything we do and its an important thing and that's a difference. However, even if we just think about crypto terms, we can say that things like DeFi and NFT and all that they just existed, stayed the same, didn't improve much and lost their hype because of that. Now that we are looking at the situation right now, we could say that AI will keep on improving and being better, and that is why its not just another hype, its going to be something a lot bigger than what it is today because it will improve for sure.
Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.
If we are not new in trading, we will know if using a bot is beneficial for us or not. For starters, they should start manually or they can also read guides to know more about the thing that they are venturing. If the AI/bot of the exchange is well coded then it might attract lots of traders on using them. That should yield the exchange a maximum profit.
It's only up to the trader now if how can they make their trades more effective. The strategy should and analysis should still come from them. Trading platforms are just like a place or market to make the trade happen. Anyway, I believe that AI in crypto is not a game changer but it is only just a hype.
I am not entirely sure if that would happen or not. I am sure that some will try but I bet that not all of them will try the same thing. Think about it, if you are making a profit based on this, then why would you have any type of changes on the long run regarding what you are doing.It's only up to the trader now if how can they make their trades more effective. The strategy should and analysis should still come from them. Trading platforms are just like a place or market to make the trade happen. Anyway, I believe that AI in crypto is not a game changer but it is only just a hype.
There are so many projects that end up working hard towards what they are doing, and this is why I believe that it's going to be a difficult job to make it work. So if you are binance and make billions a month, every single month, why would you want to risk that and put some AI in there? It could hurt you more than it helps you, and when you are already doing that well, there is really no reason why you should be doing any different things.
We can't deny that these rumours about AI are getting stronger. And suppose the developers are still working hard on developing this AI until humans can use it and help with their daily activities. In that case, AI can really fulfil its promise. And we also know that AI development is currently supported by ongoing technology. But for now, the development of AI hasn't been published thoroughly because maybe the developer hasn't found a suitable model. But AI can become the next trend if there is a project that dares to open up its project and show the public that, in the future, AI can work optimally in helping human activities. But I haven't tried the AI in Bitget, so I don't really know much about it.
As with any tech trend, there will be both genuine innovations and empty promises. It's important to be cautious and do thorough research before jumping on the AI bandwagon in crypto
For me, AI doesn't need cryptocurrency or cryptocurrency doesn't need AI.
What can I only see is using AI on some platforms that is a cryptocurrency that is needed automation, just like trading.
Which for me is normal and we already saw these before even in the non-cryptocurrency market.
What can I only see is using AI on some platforms that is a cryptocurrency that is needed automation, just like trading.
Which for me is normal and we already saw these before even in the non-cryptocurrency market.
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tl;drThis is just another hype post towards Bitget exchange which is obviously a scam exchange. When you will stop promoting that scam exchange? Or you are getting paid by promoting it in exchange for a negative trust here?
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Re: Is AI in crypto a game-changer or just another hype?
Well to answer this one, I believe that it will just be another hype like in DEX, ICO's, NFT's etc. etc. AI has been hyped for months already, and I've only heard a few projects that is related to AI unlike NFT's back when the hype is on it's peak where you can see new projects, new games, new NFT's everywhere. I don't know if I'm just not updated, but I guess there are only few projects right now that's associated or at least have a connection with AI.Is AI a crypto changer? It might be, but the question is how will the old, and the new projects integrate AI with their project. I'm not a developer, but it's good to see projects that integrated AI on their product.
In the current crypto landscape, we're witnessing an influx of AI-powered projects. However, it's crucial to remain skeptical as many of these projects lack solid evidence to support their claims of being AI-driven. It appears that some are merely trying to create hype to sell their tokens without substantial technological backing.
On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.
For instance, Bitget has integrated AI into its grid trading system, and it's likely that other exchanges are exploring similar paths. But the big question remains: Will these AI implementations truly deliver on their promises or will they become obsolete in the future, dismissed as mere trash? As a crypto enthusiast, it's crucial to keep a watchful eye on the advancements and critically assess the real value that AI brings to the crypto space.
On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.
For instance, Bitget has integrated AI into its grid trading system, and it's likely that other exchanges are exploring similar paths. But the big question remains: Will these AI implementations truly deliver on their promises or will they become obsolete in the future, dismissed as mere trash? As a crypto enthusiast, it's crucial to keep a watchful eye on the advancements and critically assess the real value that AI brings to the crypto space.
AI helps people to shorten the time required to research about the token's fundamentals and technical. Studying technical is a time consuming job and most people pay money to the experts to do it for them. But with involvement of AI, fundamentals are cheap or free to reach every traders. With such ease of access to fundamentals, there would be lesser risk on trading. Though this may make the market more homogeneous hence stable making swing trading less profitable, one's looking for high profit need to venture to much riskier markets.
This topic has been discussed several times on this forum. Why not ask this on some of the existing posts? But if you are too lazy to do that, let me tell you again. AI usage in trading is a no-brainer. It does help, it is capable of calculating the market more correctly and giving out much more accurate predictions. But what are you learning from it? Are you able to learn something which will come in handy in the future? Of course not. All you are doing is using something to do the job for you. You are learning to use the bot but not learning how to trade. The best way to make you understand this is to say, what if the AI is gone suddenly one day? What will people do? Those who are using this AI for a long time and who have learned nothing so far.
We need to learn it first and then use the help of AI to see how accurate we are. We need a place to co-exist. Not someplace where one particular thing dominates the whole area. AI is powerful, not gonna lie. But we need our own touch in that too. Make the best use of anything to your advantage. Control it but don't let it control you.
We need to learn it first and then use the help of AI to see how accurate we are. We need a place to co-exist. Not someplace where one particular thing dominates the whole area. AI is powerful, not gonna lie. But we need our own touch in that too. Make the best use of anything to your advantage. Control it but don't let it control you.
In the current crypto landscape, we're witnessing an influx of AI-powered projects. However, it's crucial to remain skeptical as many of these projects lack solid evidence to support their claims of being AI-driven. It appears that some are merely trying to create hype to sell their tokens without substantial technological backing.
On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.
For instance, Bitget has integrated AI into its grid trading system, and it's likely that other exchanges are exploring similar paths. But the big question remains: Will these AI implementations truly deliver on their promises or will they become obsolete in the future, dismissed as mere trash? As a crypto enthusiast, it's crucial to keep a watchful eye on the advancements and critically assess the real value that AI brings to the crypto space.
AI is just a tool, I don't see any difference from then and now it just so happen that this era AI becomes more known, because of chat gpt but then AI has been used by many companies even before 2023. It can be very useful to industrial but for crypto yes it can be a thing as well. But AI is AI it will have some flaws and it is not perfect it can either help people or if misuse it can people as well. On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.
For instance, Bitget has integrated AI into its grid trading system, and it's likely that other exchanges are exploring similar paths. But the big question remains: Will these AI implementations truly deliver on their promises or will they become obsolete in the future, dismissed as mere trash? As a crypto enthusiast, it's crucial to keep a watchful eye on the advancements and critically assess the real value that AI brings to the crypto space.
In the current crypto landscape, we're witnessing an influx of AI-powered projects. However, it's crucial to remain skeptical as many of these projects lack solid evidence to support their claims of being AI-driven. It appears that some are merely trying to create hype to sell their tokens without substantial technological backing.
On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.
For instance, Bitget has integrated AI into its grid trading system, and it's likely that other exchanges are exploring similar paths. But the big question remains: Will these AI implementations truly deliver on their promises or will they become obsolete in the future, dismissed as mere trash? As a crypto enthusiast, it's crucial to keep a watchful eye on the advancements and critically assess the real value that AI brings to the crypto space.
AI is just a tool, I don't see any difference from then and now it just so happen that this era AI becomes more known, because of chat gpt but then AI has been used by many companies even before 2023. It can be very useful to industrial but for crypto yes it can be a thing as well. But AI is AI it will have some flaws and it is not perfect it can either help people or if misuse it can people as well. On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.
For instance, Bitget has integrated AI into its grid trading system, and it's likely that other exchanges are exploring similar paths. But the big question remains: Will these AI implementations truly deliver on their promises or will they become obsolete in the future, dismissed as mere trash? As a crypto enthusiast, it's crucial to keep a watchful eye on the advancements and critically assess the real value that AI brings to the crypto space.
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