Bitcoin Forum

Bitcoin => Project Development => Topic started by: leepenkman on November 10, 2017, 06:06:44 AM



Title: Bitbank.nz - Crypto Market Predictions With Machine Learning
Post by: leepenkman on November 10, 2017, 06:06:44 AM
Hi,

I recently launched http://bitbank.nz (http://bitbank.nz) we offer live updated forecasts for many cryptocurrency Bitcoin/Altcoin markets.

We have a referral program! Make .003 BTC for every paying user you refer!

We offer a free 1 day trial so please try it out and let me know what you think!

Thanks.

Lee.


Title: Re: Bitbank.nz - Crypto Market Predictions With Machine Learning
Post by: BluRPie on November 10, 2017, 07:03:12 AM
Hi. Could you disclose how successful this predictions? Do you have some statistic of real trades? As I know machine learning it is not so simple thing, it is required huge servers capacity and a lot of time.


Title: Re: Bitbank.nz - Crypto Market Predictions With Machine Learning
Post by: Cartman720 on November 10, 2017, 06:59:57 PM
Hi

I am data scientist and CTO of one non-crypto fintech startup where we are doing analytics for US stocks and funds.
We are trying to simplify usage of metrics with charts and so, but we never use predictions for financial markets.

Of course you can use linear regression and other algorithms for prediction something, but financial market is not that area, because not everything is connected with price and volume or other metrics.
There are many aspects like war or government restrictions of fintech and these aspects can't be predicted by machine learning.

Anyway good luck with project  ;)


Title: Re: Bitbank.nz - Crypto Market Predictions With Machine Learning
Post by: Fire Rabbit on November 10, 2017, 08:03:22 PM
Interesting service. This is something new here. Definitely I will try your service and see how effective it is. Its really good thing that you are offering one day free trial. So everyone can test your service before paying for it. But I have a suggestion. It will be good if you extend your free trial from one day to five days till your service  gets more clients and positive reviews. You will get more paid users if you do so. After two or three months , you can change it back to one day free trial.


Title: Re: Bitbank.nz - Crypto Market Predictions With Machine Learning
Post by: milani on November 10, 2017, 09:53:36 PM
Interesting service. This is something new here. Definitely I will try your service and see how effective it is. Its really good thing that you are offering one day free trial. So everyone can test your service before paying for it. But I have a suggestion. It will be good if you extend your free trial from one day to five days till your service  gets more clients and positive reviews. You will get more paid users if you do so. After two or three months , you can change it back to one day free trial.

Completely agree with you))) Interesting service and lots of promissing offerings as it is in your site that the link to was in the first author's post. But to my mind for making your service more popular the one day trial is not enough. Due to different time differences potential future users of your service may just sleep or be busy with another topics or questions, when you are working and typing this pist. And due to this point every potential users may just see your post too late. For example I have found your theme righ now and of course I will learn more about it. But if the period be longer it may bring you more people interested in your service. But it is just my view )))


Title: Re: Bitbank.nz - Crypto Market Predictions With Machine Learning
Post by: leepenkman on February 05, 2018, 02:22:25 AM
In terms of accuracy we are doing fairly well (better than predicting a straight line so works on average): https://bitbank.nz/accuracy

We have more to go in terms of making the accuracy more transparent, you can also click on the charts to see our historical predictions and how they line up with what actually happened.

We are also now predicting volatility: http://blog.bitbank.nz/predicting-cryptocurrency-volatility/

Sign up and give me an email at leepenkman@bitbank.nz and ill give you some free time :)

Let me know how it goes.

Thanks.