BTC Price Prediction - The power of JDBIF Algorithm

[jokerdragon]

Hello everyone.

I wanna share our last prediction    received from our computer running jokerdragon algorithm 7.7.

BTC price right now its 173US$. 
JDBIF points to a raise to 250US$ level, very soon. 

Check details here: jdbif7.blogspot.com

[naphto]

Hello everyone.

I wanna share our last prediction    received from our computer running jokerdragon algorithm 7.7.

BTC price right now its 173US$. 
JDBIF points to a raise to 250US$ level, very soon. 

Check details here: jdbif7.blogspot.com

Current price is 150US$, your prediction does not seem really accurate.

[001sonkit]

Accurate... Very accurate

[jokerdragon]

yep, no algorithm is perfect. We cutted losses seeling at 130US$ last time MtGox was online...

By the way, we are re buying and raising shares value of JDBIF:

Recent Orderexecutions
Date   Type   Price   Quantity   Amount   
April 11, 2013 21:11    Buy   0.0070   2   0.0140   BTC
April 11, 2013 21:11    Buy   0.0070   8   0.0560   BTC
April 11, 2013 17:31    Buy   0.0070   2   0.0140   BTC
April 11, 2013 11:27    Buy   0.0085   10   0.0850   BTC
April 10, 2013 17:01    Buy   0.0084   1   0.0084   BTC
April 10, 2013 16:40    Buy   0.0085   360   3.0600   BTC
April 10, 2013 16:39    Buy   0.0075   140   1.0500   BTC
April 10, 2013 16:38    Buy   0.0060   50   0.3000   BTC
April 10, 2013 16:37    Buy   0.0060   50   0.3000   BTC
April 10, 2013 16:34    Buy   0.0060   50   0.3000   BTC
April 10, 2013 16:31    Buy   0.0060   830   4.9800   BTC
April 10, 2013 12:41    Buy   0.0089   2   0.0178   BTC
April 10, 2013 12:41    Buy   0.0089   8   0.0712   BTC
April 10, 2013 07:21    Buy   0.0089   2   0.0178   BTC
April 10, 2013 03:21    Buy   0.0089   10   0.0890   BTC
April 10, 2013 03:21    Buy   0.0089   20   0.1780   BTC
April 10, 2013 02:32    Buy   0.0080   100   0.8000   BTC
April 10, 2013 02:28    Buy   0.0070   60   0.4200   BTC
April 09, 2013 23:33    Buy   0.0070   40   0.2800   BTC
April 09, 2013 20:36    Buy   0.0060   100   0.6000   BTC
April 09, 2013 10:17    Buy   0.0090   10   0.0900   BTC
April 08, 2013 23:18    Buy   0.0090   10   0.0900   BTC
April 08, 2013 23:14    Buy   0.0059   24   0.1416   BTC
April 08, 2013 23:00    Buy   0.0050   30   0.1500   BTC
April 08, 2013 23:00    Buy   0.0050   664   3.3200   BTC
April 08, 2013 23:00    Buy   0.0049   199   0.9751   BTC
April 08, 2013 16:41    Buy   0.0049   10   0.0490   BTC
April 08, 2013 15:52    Buy   0.0049   54   0.2646   BTC
April 08, 2013 15:52    Buy   0.0049   9   0.0441   BTC
April 08, 2013 15:52    Buy   0.0047   15   0.0705   BTC
April 08, 2013 15:51    Buy   0.0046   60   0.2760   BTC
April 08, 2013 14:05    Buy   0.0046   10   0.0460   BTC
April 08, 2013 14:05    Buy   0.0046   10   0.0460   BTC
April 08, 2013 14:05    Buy   0.0045   5   0.0225   BTC
April 08, 2013 14:05    Buy   0.0044   40   0.1760   BTC
April 08, 2013 12:36    Buy   0.0044   5   0.0220   BTC
April 08, 2013 09:02    Buy   0.0045   65   0.2925   BTC
April 08, 2013 08:58    Buy   0.0045   9   0.0405   BTC
April 08, 2013 06:51    Buy   0.0045   10   0.0450   BTC
April 08, 2013 06:50    Buy   0.0045   10   0.0450   BTC
April 08, 2013 06:50    Buy   0.0042   5   0.0210   BTC

[legendster]

What about now ? @ 80USD per BTC ?

[Francesco]

You'll have a long queue of investors after such a great prediction 

Have you tried it on past data?

[legendster]

yep, no algorithm is perfect. We cutted losses seeling at 130US$ last time MtGox was online...

Basically You just hit the Panic-sell button in your head/brain & added more instability to the market during the crash .... However I would say it WOULD NOT HAVE BEEN FAIR if you didnt sell !

[jgraham]

yep, no algorithm is perfect. We cutted losses seeling at 130US$ last time MtGox was online... 2013 06:50    Buy   0.0042   5   0.0210   BTC

It's not a question of "perfection" (Someone should name an informal logical flaw for people who defend "It isn't working" with "Nothing's perfect")
So if we assume your algorithm is the purple line.  Then at what point in the timeline was it generated?  On Feb 13th with no additional input?  Is it continuously integrating data?  At what point was the down turn predicted.

Like so many things, there is nothing about the graph which says that the algorithm is of any use.
  
(not even touching on that the data has been picked not randomly selected...all the things that tell me that the world needs remedial math)

[jokerdragon]

What about now ? @ 80USD per BTC ?

not what I am seeing right now... hehehe 

[jgraham]

What about now ? @ 80USD per BTC ?

not what I am seeing right now... hehehe 

Please just go away and come back when you know something about something.

[jokerdragon]

What about now ? @ 80USD per BTC ?

not what I am seeing right now... hehehe 

Please just go away and come back when you know something about something.

Thanks for making me laugh a lot.  Yours words are full of content. 

[jgraham]

Thanks for making me laugh a lot.   Yours words are full of content.  

Must be a pretty forced laugh but I suppose that happens when you're eating crow. So far, as I've stated you really haven't shown anything resembling a useful argument that your algorithm is predictive of anything.

Person with zero content posts === YOU

[jokerdragon]

Thanks for making me laugh a lot.   Yours words are full of content.  

Must be a pretty forced laugh but I suppose that happens when you're eating crow. So far, as I've stated you really haven't shown anything resembling a useful argument that your algorithm is predictive of anything.

Person with zero content posts === YOU

Obviusly, I can't reveal how my algorithm trade, or my business is dead.
Time will give reason to me or to you. I trust my system. Best Regards.

[Masqurin]

Couldn't you have just generated your purple line with a weighted average of past prices? Show us a short term future prediction instead of a "prediction" that happens to match historical prices.

[jokerdragon]

Couldn't you have just generated your purple line with a weighted average of past prices? Show us a short term future prediction instead of a "prediction" that happens to match historical prices.

Ok, on the way. 

[jokerdragon]

Again, 250us$ soon. jdbif7.blogspot.com

[jgraham]

Obviusly, I can't reveal how my algorithm trade, or my business is dead.

What you should show is at what point each prediction was made and how far it extended forward then we would have something to compare to.  If your algorithm is continuously integrating new information then of course it can look good.  If you had taken math above the high school level you would know that post-hoc you can create an algorithm which PERFECTLY matches any series at discrete points.

Time will give reason to me or to you.

Not necessarily.  You haven't set out anything resembling a criteria for success or failure.  For example when your algorithm DIDN'T predict $80 you just cherry picked a price above $80 to imply the price is going up.  So from what I see you're probably not going to be convinced.

I trust my system. Best Regards.

Spoken like every know-nothing in the financial sector.

[jokerdragon]

Obviusly, I can't reveal how my algorithm trade, or my business is dead.

What you should show is at what point each prediction was made and how far it extended forward then we would have something to compare to.  If your algorithm is continuously integrating new information then of course it can look good.  If you had taken math above the high school level you would know that post-hoc you can create an algorithm which PERFECTLY matches any series at discrete points.

Time will give reason to me or to you.

Not necessarily.  You haven't set out anything resembling a criteria for success or failure.  For example when your algorithm DIDN'T predict $80 you just cherry picked a price above $80 to imply the price is going up.  So from what I see you're probably not going to be convinced.

I trust my system. Best Regards.

Spoken like every know-nothing in the financial sector.

How you know my algorithm DIDN'T predict $80? I don't share every single prediction on net. Only to your information, after the drop from 130US$, the JDBIF algorithm predicted 75US$, and it reached that point as a buy point with sucess.
I see more offenses than conversation here. Your avatar shows much about yourself.

[jgraham]

How you know my algorithm DIDN'T predict $80? I don't share every single prediction on net. Only to your information, after the drop from 130US$,

Then your algorithm doesn't predict out very far.  Your post was April 11th which doesn't show a $80 price and the post about $80 was on the 12th.

the JDBIF algorithm predicted 75US$, and it reached that point as a buy point with sucess.

Again, not enough information to validate it.  Not to mention that a "buy point" (at some arbitrary point in the future) isn't the same as predicting the price of BTC.

I see more offenses than conversation here.

I see more you trying to weasel out of your implied claim than anything else.  Provide the past predictions over a series of times at fixed intervals.  Provide an objective standard for saying that your algorithm works.  Otherwise what I said pretty much stands.  You've provided nothing that is useful for validating your claim.

Your avatar shows much about yourself.

Spider Jerusalem is a symbol of people who don't put up with bullshit.  If what you say is true...then it says a lot more about your words than mine.

[Masqurin]

Provide the past predictions over a series of times at fixed intervals.  Provide an objective standard for saying that your algorithm works.  

That doesn't prove anything, I could claim my "algorithm" "predicted" 240 on the 9th, 120 on the 10th, and 60 on the the 12th.

I say provide us with price predictions for the next 7 days. Yesterday's "prediction" with the crude growth line drawn over the increase from 60 to 120 transposed sideways a little has so far failed to pan out.