I was pretty busy lately, I will do another forecast when I will have time, I believe the price is extremely undervalued right now, so I can only go up from here.

The bottom is at 4000, and its swinging at the bottom like Bitcoin did around 200-300 euros, before it went up in 2015.

The same thing could happen to AMP too, it swings on for a few weeks,, and then it skyrockets back to 10,000-20,000.

That's right Synereo will be the best social media that will exist, because of the censorship resistance of it.

Please also add AMP to Yobit, it needs more exchanges, more trading volume, and more investors to make the price go up again.


I am an investor for 3-4 weeks now, I would like to see some results now 

Only the losers are selling now. They dont deserve to make money.

Only the long term holders deserve profits here. 

I have invented a new way of gathering entropy, in order to generate keys from it, I it all described here in detail:

https://steemit.com/security/@profitgenerator/generate-secure-random-passwords-or-private-keys

In summary the method is this:

• Use the internet to find public data on it that has large information content: files,music, videos, etc.. , or add your own if possible
• All files kept as secret as possible, for obvious reasons, if we want this to be our entropy source
• We gather X number files from a search engine using random keywords, we gather another P number files , where X = P
• Instead of using XOR, due to fears of short key, we just encrypt all the P files with AES256CBC with separate keys generated with the OS's default RNG, the AES256CBC encrypted files will be E
• Then we take the 512 bit hash of the E files, add a random salt to each of them, and use these as separate AES256CBC encryption keys with which we encrypt all the X files separately with AES256CBC
• Then all encrypted X file are already a unique good source of randomness, then we put all X files in a .tar file, and this is our MAINENTROPY.tar file

So when we just want to create a password, we just take the SHA1,SHA256, or SHA512 bit hash of the MAINENTROPY.tar file and that will be our private key.

After use, we just add another random file inside the archive, to act as a salt or nonce, and produce a new unique hash next time we use it.

---

What do you think?

Exactly, what is a social media worth without a currency. Zero.

Only those social medias will survive, that have their own currencies, that can be traded freely, and are not centralized like FB credits.

AMP is meant to be the speartip of innovation, and it will bring us a new world on the internet.

Amen to that. Facebook sucks so much.

After Synereo is released, it will replace it in notime!

I am still holding and I'm still bullish. I will put out some forecasts in the weekend, I had a pretty busy week.

NO AMP IS NOT DEAD! It will be the biggest social media project in this century! Facebook is dying, it will be replaced with Synereo.

If we add AMP to Yobit, it will get a lot of liquidity from there. Investors will come don't worry, it just needs to be in the spotlight.

There aren't enough investors from Poloniex or Bittrex to move the price up, but on Yobit you see huge volumes. I would love to get AMP traded there!

Yes short timeframes like 5 minutes or so. I have put in all the data we have,and working with 30 minutes datapoints, so a lot of noise is cutoff through that.

I can't go with lower  data because my resources are limited, and the calculation is very CPU intentive.

A fresh market is farther from a random walk, than an old market. The older a market is, the more efficient it becomes.

We should add AMP to Yobit, the extra trading volume from there should have a very positive outcome on the price:

https://yobit.net/en/addcoin/

Guys this is important somebody should contact the Yobit devs to add AMP there!

No ARMA models are not flexible, it is a parametrized model with where the most common frequency and autocorrelation parameters are the input, on the sample data of course.

I have backtested it on itself and it showed good results, but it needs frequent updating.

I did forecast successfully the price jump part from 5100 to 5600, but the model is not a God, it needs constant updating and recalculation to stay in line with the new price.

I will do another forecast soon, and see what will come up now.

It did went up a little bit, let's just wait and see now.

The forecast forecasted the price to move up slowly, not suddenly. So it may take a few more days until we see the uptrend being formed.

Maybe I got the timing wrong. I will do another forecast soon when I get home and with the new data that has came in, forecast it again to see what will happen.

Well it's a solid quantitative analysis model, that I have backtested, and had pretty low error margins. It may not be always correct, but most of the times it usually predicted the price with a small standard error.

Just read my speculation thread to see the results thus far:
https://bitcointalk.org/index.php?topic=1758541.0


We shall see what will happen quite soon!

My econometric forecasting model predicts AMP price rise in about 1.5 hours from now:  Sun, 29 Jan 2017 21:00:00 GMT

The next few hours should be a very exciting time, read more here:



https://bitcointalk.org/index.php?topic=1758541.msg17665360#msg17665360

My forecasts so far have been impeccable:



This is the results of my latest forecast, I have actually underestimated the price.

And this is the extended old prediction, vs the new data that has happened since then:




It's a 7.404% error, for a multi datapoint dynamic forecast, that is very impressive!

Now the interesting thing is that the forecast predicts the price to rise at about 1485723600 unix time, which is Sun, 29 Jan 2017 21:00:00 GMT


This means that there are only 1.5 hours left until the price rise. And with the new data, that I have added to the model, it also confirms this:



So there is an incoming price increase in about 1.5 hours according to my prediction. It may or may not happen, in which case I have to redesign the model, but so far the model has been accurate.

And also this is not an auto-fulfilling prophecy, if you know this or not, the event is supposed to happen according to this model. We shall see!

Lol. Of course I would.

Both Rolling Stones and Maroon 5 would make me money, if I were an investor.

Sometimes you expect 5000% profit, but you only get 4000%, oh big deal 

Do you seriously expect the project creators to know the future, and to tell you exactly what will happen? They are not demi-gods, they are just entrepreneurs, trying to create something.

And while investor are constantly bitching about every concievable thing they can find, they are still working hard on it. And it may not be a Rolling Stones, but I don't care.

It will be a very very exciting project that will probably make  a lot of returns in my opinion.

Well there is no evidence for that, it could just have been sloppy overestimation from Greg's part. Developers always live in an idealistic world, and maybe his idealism didnt fit reality.

But I haven't invested in AMP because of the blockchain. I could care less about the blockchain. What I do care about is the social aspect of it, that is where the value relies.

A decentralized economy, built on a social media platform, all using AMP, and giving demand to AMP. Even if the data is stored on a few centralized servers, if it's cryptographically provable (their hashes is saved too to be retraceable, and immutable), then it doesnt matter. It could be done like that or with Storj, or any other way, That is not the point.


But when it will start up, and it will be a totally new experience, where people can choose what content they want to see or not, and not just that but there will be a constant demand for AMP, as being the sort of "premium currency", that will get your posts amplified.

I did pretty good with the last forecast. I have actually underestimated the price:



Although the curves are very similar. I will put out a new forecast tomorrow, and analyze more in depth the current situation. At the moment I am not at home so I cant do it now.

So you are upset that the dev team is changing their plans in order to stay competitive?

So you would just prefer if the old plan would have stayed, which would have lead to inevitable failure, and then the price would have really tanked.

This is the rescue plan, and it's solid, and I believe AMP will rise from the ashes like a phoenix. It already went up 5.4% today, way to go 


Just stop promoting other altcoins here. It's not just unprofessional, but it's also kind of a jerk thing to do.

It's the electrum server that has to be redesigned to support Monero, not the client. The client can probably easily be modified in 1 day, by just copy pasting the wallet generation code, and the transaction code.

The server is what needs more work.