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Author Topic: Artificial Intelligence and CryptoCurrency?  (Read 1597 times)
alexsandria
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May 08, 2019, 02:03:26 PM
 #21

Maybe if some one or some companies would going to have a robot powered by AI that is allowed to conduct a verification process that usually works to tally information about a user, and as well as to increase its security since the information provided is backed with a blockchain technology, it can be universal so that, future companies will have their standard platform using the AI and Crypto.

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May 08, 2019, 03:10:59 PM
 #22

Artificial Intelligence or BOTs in cryptocurrency? Many are thinking that they are some bots who are functioning in order to make an alternative coins in order to have some coins that might be have a large amount of price to overcome bitcoin who is the most larger price in the market. I think there are some artificial intelligence in cryptocurrency who do those kind of doings. But I know some site in which there are no artificial intelligence or bots that are using and this is the gaming platform in which there are no bots or artificial intelligence that are playing on the said gaming website, because I assure that all of the players there are real people who wants to earn more money.
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May 12, 2019, 07:40:24 PM
 #23

It seems to me that the artificial intelk will start presenting on the cryptocurrency market in a few years. It is meant to judge quite strongly.
Adriano2010
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May 12, 2019, 08:41:20 PM
 #24

Artificial intelligence can help when use some program to send coins i think, and should be integrated over time on more devices and this will somehow help crypto, but i think is hard to make a coin only with AI, and i not like bots on crypto.
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May 12, 2019, 08:55:52 PM
 #25

Cryptocurrency market is very unpredictable. Therefore, I think that it is difficult for artificial intelligence to predict the future of Bitcoin. I do not think that it can make a good profit.
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May 13, 2019, 01:28:15 AM
Last edit: May 13, 2019, 03:20:43 PM by Blockchain Mechanic
 #26

A blockchain is simply an immutable linear database. Use cases for AI would be those perhaps where it is fed data from a chain and used to help model better distribution methods. Or alternatively feeding from multiple chains coupling the data with market trends and mining trends to output the best times to buy/sell and what exactly to buy/sell/mine .

Bitcoin and derivatives have been pointed out to have static algorithms that determine how many coins will ever exist. If i was to apply AI into solving that problem, i guess one could have an AI that would determine a variable reward, variable stake, variable demurrage etc, maybe even lock difficulty.

Most likely attempts at doing this will require using a second channel atop the typical framework. Also One then wonders if the AI should be full decentralised or distributed like masternodes. How would  one resolve a deadlock if there is no majority ?

Lots to think about.  

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May 13, 2019, 03:05:07 PM
 #27

Today, most of crypto anthusiast (newbie), know blockchain is bitcoin, blockchain is cryptocurrency. That is wrong. AI and cryptocurrency, as i know, if someone developing AI program and use cryptocurrencies as payment, i think thats very easy to implement. But, AI, Blockchain and IOT, is different tech, but it will became good tech in the future if 3 kind of this tech joining in 1 system.

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