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Topic: Will AI Replace the Traditional Trader by 2020? (Read 190 times)

sr. member
Activity: 590
Merit: 258
September 16, 2018, 02:07:20 PM
#26
Maybe, we don't know but if it that will happen it will be used for privacy purposes of a particular crypto or rather coin or token in both wallet of the owner and of the company. Great way now to restore and store crypto anywhere by using AI technologies. Future tech is now very fast what we expect on this. More project to come though.
full member
Activity: 434
Merit: 102
Maybe it could happen but all of them don't know when it will happen.

And artificial intelligence is dangerous to trade because trading plays money.
The capital of your money is played by a robot and if there is a mistake, your money will be lost.
full member
Activity: 546
Merit: 100
I'm pretty sure that AI wont be able to crack the crypto markets volatility as it hasn't been much time for the crypto market and the data is too low for the AI bots to analyze the markets completely. Also technical analysis doesn't usually works in the crypto markets. Although the AI bot would work fine in the stock markets.
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
I think that AI will become powerful tools/weapons for traders by 2020,but won't really replace them yet. Anyway we need to be extra-cautious as AI is developing at a very fast rate in many industries and we must not mishandle this technology as it can become catastrophic for human race..
newbie
Activity: 30
Merit: 0
If it is not, then the behavior of information science-based people can be predicted compared to robots. Maybe they will try to win the trade on each other. Using machine learning, we run a trade. They are relied on issues such as news around the world. It really is possible. We believe in all the use of the world around the world. By 2020 will all change the trader? If every trader is a bot then what is a bit key then what is the point?
sr. member
Activity: 700
Merit: 251
With bitcoin and crypto involving many people to get into trading, do you guys forsee that  AI will Replace the Traditional Trader by 2020? There are lot of experiments for an automated trading world... What do you guys think about that future - where your robot will collect data from past and execute a trade for you using machine learning and data science ? Would you rather have 50 employees working for you at a trading desk OR 50 robots interpreting different insights to execute a trade using the same data set ?


What do you think is the future? Only thing that I am certain about is that I will not continue to look at bitcoin price every day for next 1,000 days (till 2020 or beyond) !

we don't have to wait for 2020 for trading bots they are available at present times too but not many of the traders use the same. Though AI is a new thing with improved accuracy and other features I don't think traders will allow bots to handle their money to trade.
newbie
Activity: 95
Merit: 0
Usualy people are taking a robot to less there times and efforts to do it but still robot is just a robot and they moves only according to there program and they cant think on there own like human can do.
sr. member
Activity: 1036
Merit: 273
With bitcoin and crypto involving many people to get into trading, do you guys forsee that  AI will Replace the Traditional Trader by 2020? There are lot of experiments for an automated trading world... What do you guys think about that future - where your robot will collect data from past and execute a trade for you using machine learning and data science ? Would you rather have 50 employees working for you at a trading desk OR 50 robots interpreting different insights to execute a trade using the same data set ?


What do you think is the future? Only thing that I am certain about is that I will not continue to look at bitcoin price every day for next 1,000 days (till 2020 or beyond) !

FOR it is a big maybe why? There is nothing more like a human robots may get to the same level as human but an Evolve AI is still and going to be different than human.

50 AI robotsand 50 employees? I will go with a human employee why? Again human is different there are some robots who may think as human but they are not human this the robots and employees are not the same.

No human interaction

I can't help a fellow human to make a better version out of himself

As I earn more it has a high chances of being costly
sr. member
Activity: 2310
Merit: 332
For me nope, not possible. We have bots at the present time and they are not satisfying that purpose simply because thread is not predictable. It involves both the mind and physical body. Thus, bots are bots , humans are humans and can't be replicated.
sr. member
Activity: 1358
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
Nope, human mind cannot be replaced by an AI. We just made artificial intelligence or bot in order for us to help in everything. We can say that the memorization and capability of bots are greater to the mind of a super genius person but there always limit behind the storage of bots where human doesn't have. We are unique in this world and I know that human calculation and work is better than an AI.
newbie
Activity: 56
Merit: 0
Nope..never gonna happen. AI bots will make trading easier and more convenient, but they can't possibly replace humans. Human nature is very unpredictable, and that's precisely what makes us human. The whole crypto market is driven by this lack of predictability and no bot can possibly predict that. I don't see how you can reduce human nature to ones and zeroes.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
As i know, now many trader use robot for crypto trading and this robot has high price and only whales possible to buy it.  AI /Artificial Intelegence is high technology and this can help trader to make decision buy or sell to make better profit because Robot does not have human nature like greedy,  afraid and not patient.
member
Activity: 517
Merit: 10
Blocking future
I don't think so because trading is meant for people but of course not all and AI can be programmed to be better than us which means they can trade more efficiently.

The main advantage of trading robots is that they do not need to sleep and eat and they are not subject to emotional perception of the world.
sr. member
Activity: 1036
Merit: 273
It is juat me or what? I am a little bit confuse

You by AI (artificial intelligent) people who do trading will replace by a robot or some kind of machine to do the activities? like to think like a human?

If that so, maybe it is more than that because it is AI you may get rich because robots can out smart human because a human created a kind of AI to correct a mistake so technically speaking it would be a mess that if I create a machine I would propose this machine to head of all cryptocurrency and the government because you see if this machine this AI that would help people, that would correct mistake people would get rich but before that expectation there would be approval.

to think this AI could make a corruption due to the right prediction  market would go crazy its hard to explain it is connected to that scenario of your, that AI. Lets just say chaos in means of going up and down.
newbie
Activity: 18
Merit: 0
I used to trade forex for an oil major. Over the years i've seen the numbers of traders at the banks fall by quite a bit. Granted, these were mainly flow traders and not prop traders.

The sales folk were also pushing hard for us to get on their 'algo' platform and how great it was. So maybe their numbers would decrease even further.

I don't know about crypto, but for forex at least, with Central Banks running the show, there's always room for manual trading.
hero member
Activity: 868
Merit: 535
In my opinion it will never replace human traders. If every trader is a bot then what's the point, right? Having every trader a bot will mean that trading will just be some automatic thing that will trade everything to the same thing traded or the same strategy. I just don't see that point in having trading all automated by an AI in any scenario.
newbie
Activity: 91
Merit: 0
I don't think so because trading is meant for people but of course not all and AI can be programmed to be better than us which means they can trade more efficiently.
member
Activity: 505
Merit: 35
With bitcoin and crypto involving many people to get into trading, do you guys forsee that  AI will Replace the Traditional Trader by 2020? There are lot of experiments for an automated trading world... What do you guys think about that future - where your robot will collect data from past and execute a trade for you using machine learning and data science ? Would you rather have 50 employees working for you at a trading desk OR 50 robots interpreting different insights to execute a trade using the same data set ?


What do you think is the future? Only thing that I am certain about is that I will not continue to look at bitcoin price every day for next 1,000 days (till 2020 or beyond) !

I don’t think so. AI will never replace the traditional trader simply because it will conflict the law of economics of 80/20 rule and law of supply and demand. But I do believe proliferating of AI usage in the trading world but not to the extent of eliminating the traditional way of trading. I think in near future trading practices will be much harder to predict simply because of the presence of bots.
member
Activity: 517
Merit: 10
Blocking future
I think unequivocally that in the future manual trading will go to the back burner. The future of automated trading systems.
sr. member
Activity: 798
Merit: 268
I don't use AI when I do trading, so basically it will not happen. It may survive in the long run but it will never replace the traditional one because not all trader are trading with cryptocurrency. Technology may continue to improve in the coming years but I think the old tradition will still be matter in some cases.
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