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Author Topic: [AMP] Synereo Speculation  (Read 12591 times)
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profitgenerator212 (OP)
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January 26, 2017, 07:05:59 PM
 #21

I thought about buying good amount of AMP because it could be undervalued right now. After doing a little reasearch on it I found out that their Rchain and Special K technology does not really work. Their whole ICO that raised a lot of bitcoins was based on the premise that Rchain will be more advanced than the blockchains we have now. If that is not working what will they use now?

That is why they have split I believe because I think Greg didn't delivered his promises.

Hence the price dropped, but I believe this is just a temporary setback, they'll figure it out. It's been here for 2 years, they even have the alpha version, just check the youtube channel to see.

http://www.youtube.com/channel/UCU5CBbxAeFYnodf32w3ahOQ

Maybe they can use BTC, ETH or Storj, to store the data. Who knows, but I don't really worry about that. I have faith that they will find the best solution, they are professionals after all.


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profitgenerator212 (OP)
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January 26, 2017, 07:41:31 PM
 #22


This model was created more than 24 hours ago, so I will probably have to update it with new data from today, but I am not at home at the moment so I can't do it now.

Maybe in a few hours, until then keep AMP-ing Smiley

Here is the fresh forecast that was made few hours ago:



It still predicts a price rise at:  01/29/2017 @ 2:30pm (UTC)

Just as the previous model 2 days ago. Very interesting, and the uptrend is there even without a constant. So what could happen on the 29th that could trigger the uptrend?


My model predicts the rise starding  at:  Sun, 29 Jan 2017 23:30:00 GMT


https://bitcointalk.org/index.php?topic=1758541.msg17614337#msg17614337


The prediction is getting more and more accurate I believe, here are the raw results:



datapoint                prediction    standard error       95% confidence interval
  14312                  0.000049     0.000003     0.000043 - 0.000056
     14313                  0.000050     0.000004     0.000042 - 0.000058
     14314                  0.000050     0.000005     0.000041 - 0.000060
     14315                  0.000049     0.000005     0.000039 - 0.000060
     14316                  0.000050     0.000006     0.000038 - 0.000061
     14317                  0.000048     0.000006     0.000036 - 0.000060
     14318                  0.000050     0.000007     0.000037 - 0.000063
     14319                  0.000049     0.000007     0.000036 - 0.000063
     14320                  0.000049     0.000007     0.000035 - 0.000063
     14321                  0.000048     0.000007     0.000034 - 0.000063
     14322                  0.000049     0.000008     0.000034 - 0.000064
     14323                  0.000049     0.000008     0.000033 - 0.000064
     14324                  0.000048     0.000008     0.000032 - 0.000065
     14325                  0.000047     0.000009     0.000030 - 0.000064
     14326                  0.000047     0.000009     0.000029 - 0.000064
     14327                  0.000046     0.000009     0.000028 - 0.000064
     14328                  0.000046     0.000009     0.000028 - 0.000064
     14329                  0.000046     0.000010     0.000027 - 0.000064
     14330                  0.000047     0.000010     0.000027 - 0.000066
     14331                  0.000047     0.000010     0.000027 - 0.000066
     14332                  0.000046     0.000010     0.000026 - 0.000066
     14333                  0.000046     0.000010     0.000026 - 0.000067
     14334                  0.000045     0.000011     0.000024 - 0.000066
     14335                  0.000045     0.000011     0.000023 - 0.000066
     14336                  0.000045     0.000011     0.000024 - 0.000067
     14337                  0.000046     0.000011     0.000024 - 0.000068
     14338                  0.000045     0.000011     0.000023 - 0.000068
     14339                  0.000047     0.000012     0.000024 - 0.000069
     14340                  0.000046     0.000012     0.000023 - 0.000069
     14341                  0.000045     0.000012     0.000022 - 0.000069
     14342                  0.000046     0.000012     0.000022 - 0.000070
     14343                  0.000046     0.000012     0.000022 - 0.000070
     14344                  0.000046     0.000013     0.000021 - 0.000070
     14345                  0.000046     0.000013     0.000021 - 0.000071
     14346                  0.000045     0.000013     0.000020 - 0.000071
     14347                  0.000044     0.000013     0.000018 - 0.000070
     14348                  0.000044     0.000013     0.000018 - 0.000070
     14349                  0.000044     0.000014     0.000017 - 0.000071
     14350                  0.000044     0.000014     0.000017 - 0.000071
     14351                  0.000045     0.000014     0.000017 - 0.000072
     14352                  0.000045     0.000014     0.000017 - 0.000072
     14353                  0.000045     0.000014     0.000017 - 0.000073
     14354                  0.000044     0.000014     0.000015 - 0.000072
     14355                  0.000044     0.000015     0.000015 - 0.000073
     14356                  0.000044     0.000015     0.000015 - 0.000073
     14357                  0.000043     0.000015     0.000013 - 0.000072
     14358                  0.000044     0.000015     0.000014 - 0.000074
     14359                  0.000044     0.000015     0.000014 - 0.000074
     14360                  0.000044     0.000015     0.000014 - 0.000074
     14361                  0.000044     0.000016     0.000013 - 0.000074
     14362                  0.000044     0.000016     0.000014 - 0.000075
     14363                  0.000043     0.000016     0.000012 - 0.000074
     14364                  0.000044     0.000016     0.000013 - 0.000075
     14365                  0.000045     0.000016     0.000013 - 0.000076
     14366                  0.000044     0.000016     0.000012 - 0.000076
     14367                  0.000046     0.000016     0.000014 - 0.000078
     14368                  0.000044     0.000016     0.000012 - 0.000076
     14369                  0.000045     0.000017     0.000012 - 0.000077
     14370                  0.000046     0.000017     0.000013 - 0.000079
     14371                  0.000046     0.000017     0.000013 - 0.000079
     14372                  0.000046     0.000017     0.000012 - 0.000079
     14373                  0.000046     0.000017     0.000013 - 0.000079
     14374                  0.000046     0.000017     0.000012 - 0.000079
     14375                  0.000048     0.000017     0.000014 - 0.000081
     14376                  0.000046     0.000017     0.000012 - 0.000080
     14377                  0.000045     0.000017     0.000011 - 0.000080
     14378                  0.000045     0.000018     0.000011 - 0.000080
     14379                  0.000046     0.000018     0.000012 - 0.000081
     14380                  0.000046     0.000018     0.000011 - 0.000081
     14381                  0.000047     0.000018     0.000012 - 0.000082
     14382                  0.000047     0.000018     0.000012 - 0.000083
     14383                  0.000049     0.000018     0.000013 - 0.000084
     14384                  0.000047     0.000018     0.000012 - 0.000083
     14385                  0.000048     0.000018     0.000012 - 0.000084
     14386                  0.000047     0.000018     0.000012 - 0.000083
     14387                  0.000048     0.000018     0.000012 - 0.000084
     14388                  0.000048     0.000019     0.000012 - 0.000084
     14389                  0.000049     0.000019     0.000012 - 0.000085
     14390                  0.000048     0.000019     0.000011 - 0.000084
     14391                  0.000048     0.000019     0.000011 - 0.000085
     14392                  0.000047     0.000019     0.000010 - 0.000085
     14393                  0.000047     0.000019     0.000010 - 0.000084
     14394                  0.000049     0.000019     0.000012 - 0.000086
     14395                  0.000049     0.000019     0.000011 - 0.000086
     14396                  0.000048     0.000019     0.000010 - 0.000086
     14397                  0.000048     0.000019     0.000010 - 0.000086
     14398                  0.000048     0.000019     0.000010 - 0.000086
     14399                  0.000049     0.000019     0.000011 - 0.000087
     14400                  0.000048     0.000020     0.000010 - 0.000086
     14401                  0.000048     0.000020     0.000009 - 0.000086
     14402                  0.000049     0.000020     0.000010 - 0.000087
     14403                  0.000047     0.000020     0.000008 - 0.000086
     14404                  0.000047     0.000020     0.000008 - 0.000086
     14405                  0.000046     0.000020     0.000007 - 0.000086
     14406                  0.000047     0.000020     0.000007 - 0.000086
     14407                  0.000048     0.000020     0.000008 - 0.000087
     14408                  0.000049     0.000020     0.000009 - 0.000088
     14409                  0.000049     0.000020     0.000009 - 0.000088
     14410                  0.000048     0.000020     0.000008 - 0.000088
     14411                  0.000048     0.000020     0.000008 - 0.000088
     14412                  0.000047     0.000021     0.000007 - 0.000087
     14413                  0.000047     0.000021     0.000007 - 0.000088
     14414                  0.000046     0.000021     0.000005 - 0.000086
     14415                  0.000046     0.000021     0.000005 - 0.000087
     14416                  0.000046     0.000021     0.000005 - 0.000087
     14417                  0.000045     0.000021     0.000004 - 0.000086
     14418                  0.000046     0.000021     0.000005 - 0.000087
     14419                  0.000046     0.000021     0.000005 - 0.000087
     14420                  0.000047     0.000021     0.000006 - 0.000089
     14421                  0.000048     0.000021     0.000006 - 0.000089
     14422                  0.000047     0.000021     0.000005 - 0.000089
     14423                  0.000047     0.000021     0.000005 - 0.000089
     14424                  0.000045     0.000021     0.000004 - 0.000087
     14425                  0.000046     0.000021     0.000004 - 0.000088
     14426                  0.000047     0.000021     0.000005 - 0.000089
     14427                  0.000047     0.000022     0.000004 - 0.000089
     14428                  0.000046     0.000022     0.000004 - 0.000089
     14429                  0.000046     0.000022     0.000004 - 0.000089
     14430                  0.000047     0.000022     0.000005 - 0.000090
     14431                  0.000048     0.000022     0.000006 - 0.000091
     14432                  0.000047     0.000022     0.000005 - 0.000090
     14433                  0.000048     0.000022     0.000005 - 0.000091
     14434                  0.000049     0.000022     0.000006 - 0.000092
     14435                  0.000049     0.000022     0.000006 - 0.000092
     14436                  0.000049     0.000022     0.000006 - 0.000092
     14437                  0.000049     0.000022     0.000006 - 0.000093
     14438                  0.000049     0.000022     0.000006 - 0.000092
     14439                  0.000049     0.000022     0.000005 - 0.000092
     14440                  0.000050     0.000022     0.000007 - 0.000094
     14441                  0.000050     0.000022     0.000006 - 0.000094
     14442                  0.000049     0.000022     0.000005 - 0.000093
     14443                  0.000048     0.000022     0.000004 - 0.000092
     14444                  0.000049     0.000022     0.000005 - 0.000094
     14445                  0.000050     0.000023     0.000006 - 0.000094
     14446                  0.000050     0.000023     0.000006 - 0.000094
     14447                  0.000048     0.000023     0.000004 - 0.000092
     14448                  0.000049     0.000023     0.000004 - 0.000093
     14449                  0.000049     0.000023     0.000004 - 0.000094
     14450                  0.000048     0.000023     0.000003 - 0.000093
     14451                  0.000049     0.000023     0.000005 - 0.000094
     14452                  0.000048     0.000023     0.000004 - 0.000093
     14453                  0.000049     0.000023     0.000004 - 0.000094
     14454                  0.000049     0.000023     0.000004 - 0.000094
     14455                  0.000049     0.000023     0.000004 - 0.000094
     14456                  0.000048     0.000023     0.000003 - 0.000093
     14457                  0.000048     0.000023     0.000002 - 0.000093
     14458                  0.000047     0.000023     0.000001 - 0.000092
     14459                  0.000047     0.000023     0.000002 - 0.000093
     14460                  0.000048     0.000023     0.000002 - 0.000094
     14461                  0.000048     0.000023     0.000002 - 0.000094
     14462                  0.000048     0.000023     0.000002 - 0.000094
     14463                  0.000049     0.000024     0.000003 - 0.000095
     14464                  0.000049     0.000024     0.000003 - 0.000095
     14465                  0.000049     0.000024     0.000003 - 0.000095
     14466                  0.000049     0.000024     0.000003 - 0.000096
     14467                  0.000050     0.000024     0.000003 - 0.000096
     14468                  0.000049     0.000024     0.000003 - 0.000096
     14469                  0.000050     0.000024     0.000004 - 0.000097
     14470                  0.000050     0.000024     0.000003 - 0.000097
     14471                  0.000050     0.000024     0.000003 - 0.000097
     14472                  0.000050     0.000024     0.000003 - 0.000097
     14473                  0.000050     0.000024     0.000003 - 0.000097
     14474                  0.000051     0.000024     0.000004 - 0.000098
     14475                  0.000051     0.000024     0.000003 - 0.000098
     14476                  0.000051     0.000024     0.000004 - 0.000099
     14477                  0.000051     0.000024     0.000003 - 0.000098
     14478                  0.000051     0.000024     0.000003 - 0.000098
     14479                  0.000051     0.000024     0.000003 - 0.000099
     14480                  0.000051     0.000024     0.000003 - 0.000099
     14481                  0.000050     0.000024     0.000003 - 0.000098
     14482                  0.000051     0.000025     0.000003 - 0.000099
     14483                  0.000052     0.000025     0.000004 - 0.000100
     14484                  0.000053     0.000025     0.000004 - 0.000101
     14485                  0.000052     0.000025     0.000004 - 0.000101
     14486                  0.000053     0.000025     0.000004 - 0.000101
     14487                  0.000053     0.000025     0.000004 - 0.000102
     14488                  0.000054     0.000025     0.000005 - 0.000103
     14489                  0.000055     0.000025     0.000006 - 0.000103
     14490                  0.000055     0.000025     0.000006 - 0.000104
     14491                  0.000054     0.000025     0.000005 - 0.000103
     14492                  0.000054     0.000025     0.000005 - 0.000103
     14493                  0.000055     0.000025     0.000005 - 0.000104
     14494                  0.000055     0.000025     0.000006 - 0.000104
     14495                  0.000055     0.000025     0.000005 - 0.000104
     14496                  0.000056     0.000025     0.000006 - 0.000105
     14497                  0.000056     0.000025     0.000006 - 0.000106
     14498                  0.000056     0.000025     0.000007 - 0.000106
     14499                  0.000057     0.000025     0.000007 - 0.000107
     14500                  0.000058     0.000026     0.000007 - 0.000108


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January 27, 2017, 01:47:05 AM
 #23

I thought about buying good amount of AMP because it could be undervalued right now. After doing a little reasearch on it I found out that their Rchain and Special K technology does not really work. Their whole ICO that raised a lot of bitcoins was based on the premise that Rchain will be more advanced than the blockchains we have now. If that is not working what will they use now?

That is why they have split I believe because I think Greg didn't delivered his promises.

Hence the price dropped, but I believe this is just a temporary setback, they'll figure it out. It's been here for 2 years, they even have the alpha version, just check the youtube channel to see.

http://www.youtube.com/channel/UCU5CBbxAeFYnodf32w3ahOQ

Maybe they can use BTC, ETH or Storj, to store the data. Who knows, but I don't really worry about that. I have faith that they will find the best solution, they are professionals after all.

The alpha version is nothing. It is only a website and who knows what database it is running on. They promised that they will deliver the most advanced form of blockchain called Rchain and they also marketed Special K to go along with it. They raised millions but what did you get? Nothing. Greg Meredith cannot make it work.

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January 27, 2017, 07:11:16 AM
 #24


The alpha version is nothing. It is only a website and who knows what database it is running on. They promised that they will deliver the most advanced form of blockchain called Rchain and they also marketed Special K to go along with it. They raised millions but what did you get? Nothing. Greg Meredith cannot make it work.

Maybe he cant make it work, but others can. They have hinted that they are hiring new people to work on the project:

I am reading between the lines and thinking that they just very recently hired new people and new work hasn't started yet.

Aside from Greg, no one from the old team has left in the past few months, and we've since hired 2 new developers, another IT guy, and will likely close with another dev in the coming week.
Work has not stopped for a second.



Besides, at this point, doesn't matter what platform they choose, I believe the whole idea as it is, is worth it.

Now I am sure they will do what they have promised, I have no doubt about that. However, even if the alpha will be a little bit rough version of the concept, even then, I believe the price will rise.

It will be the 2nd blockchain social media after Steemit, that I know about. And it will definitely gain a huge popularity.

AMP will be the currency that will "amplify" your posts, so it will automaticaly have a demand, like a premium currency in a video game.

I can only see the AMP price going up.


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January 27, 2017, 08:36:24 PM
 #25

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.


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January 28, 2017, 01:08:24 AM
 #26


The alpha version is nothing. It is only a website and who knows what database it is running on. They promised that they will deliver the most advanced form of blockchain called Rchain and they also marketed Special K to go along with it. They raised millions but what did you get? Nothing. Greg Meredith cannot make it work.

Maybe he cant make it work, but others can. They have hinted that they are hiring new people to work on the project:

I am reading between the lines and thinking that they just very recently hired new people and new work hasn't started yet.

Aside from Greg, no one from the old team has left in the past few months, and we've since hired 2 new developers, another IT guy, and will likely close with another dev in the coming week.
Work has not stopped for a second.



Besides, at this point, doesn't matter what platform they choose, I believe the whole idea as it is, is worth it.

Now I am sure they will do what they have promised, I have no doubt about that. However, even if the alpha will be a little bit rough version of the concept, even then, I believe the price will rise.

It will be the 2nd blockchain social media after Steemit, that I know about. And it will definitely gain a huge popularity.

AMP will be the currency that will "amplify" your posts, so it will automaticaly have a demand, like a premium currency in a video game.

I can only see the AMP price going up.

They might be misleading us. I predict that in the next months they will scrap Rchain and Special K because it cannot be made to work from the very beginning it was conceptualized. In short Greg Meredith may have scammed the CEO of Synereo. He was tricked into thinking that Rchain will work.

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January 28, 2017, 08:25:10 AM
 #27


They might be misleading us. I predict that in the next months they will scrap Rchain and Special K because it cannot be made to work from the very beginning it was conceptualized. In short Greg Meredith may have scammed the CEO of Synereo. He was tricked into thinking that Rchain will work.

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.


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January 29, 2017, 01:00:52 AM
 #28

If it was only an overestimation from Greg Meredith then why did Dor fire him? Dor was already beginning to be suspicious of Greg because it was already becoming clear that he was scamming everyone by saying Rchain will work.

Now there you are admitting that you do not care if Synereo runs on a few centralized servers as long as there will be demand for AMP. So what are you saying? It is ok for you that this is really a facebook copy with what might be a scamcoin?

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donnatello
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January 29, 2017, 09:53:40 AM
 #29

If it was only an overestimation from Greg Meredith then why did Dor fire him?

Go read the whole account. TLDR: Greg was acting in a way that would get him fired from any company.
profitgenerator212 (OP)
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January 29, 2017, 07:32:28 PM
 #30

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!


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bbc.reporter
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January 30, 2017, 12:14:11 AM
 #31

If it was only an overestimation from Greg Meredith then why did Dor fire him?

Go read the whole account. TLDR: Greg was acting in a way that would get him fired from any company.

Dor fired Greg because Greg promised Dor that Rchain will work by this time. It was not working so they both got in an argument and then Greg started acting in a way that would get him fired after that. Greg was also asking for more money and Dor needed to stop it. Was Greg scamming? We will know in the future. One thing that is sure is Rchain will not work.

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.Duelbits.
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xneoenx
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January 30, 2017, 05:32:22 AM
 #32

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!

Im guessing this did not come to fruition? Not sure.
profitgenerator212 (OP)
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January 30, 2017, 09:52:29 AM
 #33


Im guessing this did not come to fruition? Not sure.

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.


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January 30, 2017, 01:43:42 PM
 #34

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!

what model do you use ? ARMA?

anyway, if you had a really working model, you wouldn't be showing off over internet, but rather keeping it for yourself.
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January 30, 2017, 04:01:14 PM
 #35

Cant have a forecast model when factors are too limited and minuscule and individual manipulation is high. 1) The forecast ltself may become a self fulfiling forecast, or 2) whales enter and price goes to limbo. Not against what you saying / forecasting, I made $30 by entering at 5369 and exiting at 5500. But this was based on the W pattern on the 4 hours. It should soon form M.

But AMP, XPEC and Vox are looking for breakout in the coming weeks/months. Meh, not sure.
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January 31, 2017, 01:28:01 AM
 #36

Of course it will break out and rise in price in the future. Altcoins are full of manipulation and herd mentality. Once this moves many people will make some bitcoins but many also will lose them in the process. After the pump we will all be back here hearing the complaints that their investment is losing money. The whole truth is there might be nothing behind AMP except promises. If they can show that Rchain will work then I will take back my words.

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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
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January 31, 2017, 08:07:03 AM
 #37

Vox up by 10% booked my profits Smiley Not trying to derail the topic. I will enter AMP @ 4500 - 5000, I think M has started to form. Of course a reversal may happen when 5900 gets breached, forming another W.

P.S I dont hold on to coins or research or promises made or anything. I mean throw two spiders into a lane, and instinctually humans will be drawn to bet which crosses the finish line first. Ofcourse the bookies/ Team A / Team B will try to say one spider is better than the other, one is wearing roller blades, and some other shit. This is due to the duality of human beings, and there will always be one. I am purely a speculative trader. Compared to the brutality of forex trading, this coin trading is like peanuts. Heck I make money by buying from one exchange and selling it to the next. 10% profit per day, and I am happy, with a stop loss of 7% Smiley
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January 31, 2017, 09:35:05 PM
 #38

I honestly, I gave up whole AMP's activity after last weeks dump's and news. I somites check it out but. I think Amp is DEAD.I can't see future anymore.
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February 01, 2017, 12:10:07 PM
 #39


what model do you use ? ARMA?

anyway, if you had a really working model, you wouldn't be showing off over internet, but rather keeping it for yourself.

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.


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sandiman
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February 01, 2017, 12:21:56 PM
 #40


what model do you use ? ARMA?

anyway, if you had a really working model, you wouldn't be showing off over internet, but rather keeping it for yourself.

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.

did you forget that the shorter the timeframe, the closer the price is from a random walk, hard to apply any statistics. plus AMP doesn't provide you with decades of data
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