[ANN][CND] Cindicator - Hybrid Intelligence for Financial Markets - September 12

[inspiredinvestor]

 Wow looking at the ratings area of the app some users have build up a serious amount of points, what are some of the different ways we can build up points as a new user?   

[Kate_CND]

I have downloaded the application and am having a look at the options, I’m excitedly working out my forecast for the Crypto challenge! Now is there the ability to create your own scenario for others to have a punt at?

Hello! Thank you Do you mean whether it's possible to create your own questions in the app?

Yes, I was thinking as a crypto trader studying the market you might have your strong views of where for example DOGE coin is to the moon this month, or when Vitalik Buterin releases his latest project Plasma as a ICO what will be the rate of volatility the first day. It would be great way as a trader to test your ideas, get a consensus. It is going to be possible at some stage? 

Yep, got it. There is the unique system that creates the questions. However, we are planning to give an opportunity to CND token holders (who hold a large amount of tokens) to suggest their questions later. Should be interesting!

[mexi.db]

Will BTC and ETH be accepted during the token sale,  or just ETH?

[Kate_CND]

Hi admin, question regarding app: is it possible to receive ETH for crypto challenge or BTC only?

No, BTC only for now. Since crypto currencies very volatile we decided to use one only.

[skaynet]

Maybe both will be accepted. BTC and ETH are digital currencies that we can use to transact in any ICO or anything else.

[inspiredinvestor]

I noticed that some forecasting options were tagged with Finance, will there be other options to punt on in the future for example Politics, and Technology Breakthroughs?

[Nodari_Cindicator]

Will BTC and ETH be accepted during the token sale,  or just ETH?

Hello! Purchase methods accepted: BTC, ETH, ETC, LTC.

[Kate_CND]

Wow looking at the ratings area of the app some users have build up a serious amount of points, what are some of the different ways we can build up points as a new user?   

Yes those people have been predicting since the beginning of 2016 This is why there is a new rating every month - to motivate new forecasters to participate. In order to gain a lot of points, new users should answer as many questions as possible. However, every user has it's own strategy

[KTChampions]

Hi guys, I was reading you WP and found out about your project with Moscow Exchange. Where can I read more about it? What was the point of the project?

Hi, our goal was to check if the collective opinion of non-professional trades could make profitable trades The collective mind included 863 people, independent of each other: 40% of participants have never made trades on the exchange before, 60% had various investment experience.

Our robot modeled 27 trades based on forecasts of participants, 17 of them being profitable. This resulted in a 2.8% increase in the model portfolio in currency (47% p.a.) during the experiment (this is a great result for traditional markets).

The results of the competition showed high potential for the symbiosis of collective and artificial intelligence in the financial industry.

You can read more on our blog (here), or in the original article at Moscow Exchange's website (here)

It will be interesting experiment to compare profitability of decisions AI without opinions of  non-professional traders.
But with using it (opinions of crowd) as an indicator.
Cause all we know that market is not only real things and facts - the agiotage and irrational behavior of the masses is also have great importance.

[Kate_CND]

I noticed that some forecasting options were tagged with Finance, will there be other options to punt on in the future for example Politics, and Technology Breakthroughs?

We post questions about political events sometimes but only about the significant ones (e.g. elections, Brexit etc). We used to ask about sports, entertainment, and tech events as well but decided to focus on financial only for now. Maybe will start doing this again later

[satria33]

After I download the application was very challenging too me, we can predict the price that will occur in the future

[malcolml4]

I installed the APP, but I don't know how to use it, they said the operation will be profitable, I don't know which option, I'm curious.

[goldart]

Hi guys, I already posted at the local Russian thread but I see that this thread has more value. As far as I understand, one  CND token will cost 0.01$. Is that correct?

[cryptokenya]

Hi admin, question regarding app: is it possible to receive ETH for crypto challenge or BTC only?

No, BTC only for now. Since crypto currencies very volatile we decided to use one only.

Hi admin,question refarding the app i know that its BTC Only for now bt how long should it take till we get other currencies ........

[Grekoff]

Hi admin, question regarding app: is it possible to receive ETH for crypto challenge or BTC only?

No, BTC only for now. Since crypto currencies very volatile we decided to use one only.

Hi admin,question refarding the app i know that its BTC Only for now bt how long should it take till we get other currencies ........

I'm not sure, but as far as I understand, - BTC, ETH, ETC, LTC are accepted. Admin will correct me if I wrong.

[KTChampions]

I noticed that some forecasting options were tagged with Finance, will there be other options to punt on in the future for example Politics, and Technology Breakthroughs?

Or Black Pari 
Seems absurd but in fact there are obvious regularities between lifestyle and its duration.
I head that  somebody got jackpot in black pari by doing the bet on death AmyWhinehouse before 30 years.
And if we talking about dependence between business and the role of personality example with Steeve Jobs and Apple we see that Brand name and business model > than just personality.
So if AI will be able to analyze fundament factors it will be enough to have profit.

[KKaminskaya]

Do you have special questions or may be other challenges for the top forecasters?

[reidpeter]

Question 5
Hi Cindicator  – on page 6, paragraph 2.1, line 15 of the White Paper you say,

“A group may have a lot of outliers, errors, or subjectivity; however, the diversity and multidirectionality of these points allows them to be ignored in modulus (the simplest example is the Gaussian distribution).”

Question: What do you mean by this?  I understand with a normal distribution we can say certain things about the characteristics of the distribution. Are you simply saying that outlier data points are simply ignored if the group is diverse? 

[Kate_CND]

After I download the application was very challenging too me, we can predict the price that will occur in the future

Hi! Yes, our top forecasters are pretty competitive and like challenges

[KTChampions]

Question 5
Hi Cindicator  – on page 6, paragraph 2.1, line 15 of the White Paper you say,

“A group may have a lot of outliers, errors, or subjectivity; however, the diversity and multidirectionality of these points allows them to be ignored in modulus (the simplest example is the Gaussian distribution).”

Question: What do you mean by this?  I understand with a normal distribution we can say certain things about the characteristics of the distribution. Are you simply saying that outlier data points are simply ignored if the group is diverse? 

It is just math. It means that on average, the sum of errors will be zero by the theory of probability.
Simple example: when we have only one person that do some calculation and give us final result his error will be critical.
May be by accident this person give us something like 2+2=5 and we will live with that error  
But if we have 10 peoples average result will be close to truth even if errors exist.
2+2 = 3
2+2 =4
2+2 =5
2+2 =4
2+2 = 3
2+2 =4
2+2 =4
2+2 =4
2+2 =6
2+2 =4

Average result is (3+4+5+4+3+4+4+4+6+4)/10=4,1
Very close to truth. And this result we got only with 60% correct numbers!