Bitcoin Forum

Economy => Speculation => Topic started by: 800000008 on May 07, 2015, 03:00:00 AM



Title: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: 800000008 on May 07, 2015, 03:00:00 AM
A group of bitcoiners used a "swarming engine" called UNUM to make real-time collaborative predictions online.

The results were interesting and remarkably accurate.

You can see a replay of the swarms here:http://unanimousai.com/bitcoiners-predict-bitcoin/ (http://unanimousai.com/bitcoiners-predict-bitcoin/)


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: tokeweed on May 07, 2015, 03:07:24 AM
This is cool!  Thanks for posting.


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: vm_mpn on May 07, 2015, 03:44:20 PM
Looks fun too  ;D


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: Jeremycoin on May 07, 2015, 03:52:43 PM
So the price of Bitcoin in November will be 290$, it's mean there is no high increasing.


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: Amph on May 07, 2015, 04:19:13 PM
so in 30 years paper currency would be discontinued and who is look for a partial anonymity will use bitcoin instead

so everything illegal will pas through bitcoin....

So the price of Bitcoin in November will be 290$, it's mean there is no high increasing.

that could be another dead cat bounce for what we know


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: oblivi on May 07, 2015, 11:43:22 PM
So the price of Bitcoin in November will be 290$, it's mean there is no high increasing.
Just as I and a lot expect, a slow, super slow rise with tons of dip in between. Great time for us to get that cheap BTC while it lasts.


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: TheNewAnon135246 on May 08, 2015, 03:20:50 AM
So the price of Bitcoin in November will be 290$, it's mean there is no high increasing.

Nobody can tell really. It's still a prediction. Who knows what lies ahead?


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: Beliathon on May 08, 2015, 05:49:12 AM
So the price of Bitcoin in November will be 290$, it's mean there is no high increasing.

Nobody can tell really. It's still a prediction. Who knows what lies ahead?
Anyone but the 12 random schmucks who participated in this charade.


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: Kprawn on May 08, 2015, 06:11:43 AM
A fun experiment, but I would not base my investment decisions on that... there are too many variables that can influence the outcome.

People seems to be too fixated on the price... {I sometimes wonder how many are just into Bitcoin for the "get rich quick" thrill}

I regret the times when the price spiked to above $1000 .... It just attracted the wrong crowd to Bitcoin. { The people screaming .... "Show me the money!!!!" }

Other times I think... "they will come and go... live with it."  :(


Title: Re: SWARM INTELLIGENCE predicts the price of Bitcoin... (very interesting)
Post by: 800000008 on May 08, 2015, 02:36:28 PM
I agree with Kprawn, it would be most interesting to explore issues other than price.

And really, human intelligence (and by extension collective swarm intelligence) is better suited to more complex and subtle issues than just price.