The ultimate goal of our project is to stabilize the volatility of the market through new saving mechanisms.
Could you elaborate on this?
Hello Labrader,
the volatality in the crypto markets is mainly because of the lack of liquidity and of the price discovery of a completely new asset class e.g. lack of information about the fundamentals.
In our todays digital world - especially crypto - the volume of data blasts away every human understanding and even the most recognized experts have difficulties to keep up with the newest developments.
This is where the power of Big Data Analysis and Automatic Machine Learning comes into play - it discovers the best possible projects based on all global available data and ever evolving algorithmic market models and could put most needed liquidity in exact such projects.
One example could be:
In the future there will be rumours of china banning the private mining of Bitcoins while nationalizing every ASIC producer and mining farms.
The whole world knows it is real (
AP fake tweet sends DOW into free fall) except that it is fake.
AIEVE's Big Data Analysis and Automatic Machine learning could forecast a mega dump and recovery of the price because AIEVE knows the news are fake and could step in to lessen the volatality while profiting.
Me and a friend is talking about this a while ago, because we don't believe in exactly predicting the market, I have some profession in mathematics and I know about statistics and probability and you need to have a a given value to solve a problem, and the market is a real time changes, unless all of the sellers and hodlers are United to sell and hold we won't be able to predict the market just like that. And I wonder if a supercomputer can even predict a real time change.
The ultimate goal of our project is to stabilize the volatility of the market through new saving mechanisms.
AIEVE should not be solely though of as a classical trading tool (Wall Street like trading algorithms) but as a solution for the people to secure and bring confidence into the crypto and bitcoin ecosystem.
If everybody would be using an advanced AI to very exactly predict the market, what would the point of trading be? IMHO, obiously you would need LOW adoption for your tool to make it valuable.
Everybody knowing exactly what the market looks like tomorrow makes for no market at all: the definition of a market is to exchange something of different value for the participants. Not something of equal value.
I mean, the ideea is very cool, but you should keep it secret if you actually plan to use the bot/ai for something.
This is already reality in classical stocks.
Wall Street companies are running super computers for market prediction algorithms and these are fighting over profits with each other - for years already.
The future is not set in stone, it is also ever evolving based on every market (or market relating) participants decision and exactly this is the main problem we humans face: hugely increasing data volumes which nowadays can only be analysed by computer software.
So i believe like everyone is talking about AI becoming medical or legal advisers, it is inevitable that we soon will have AI based financial advisers.
So the wall streets are using this? Man, this is a great disadvantage to casual traders, it's feels like cheating, but I still don't think that a supercomputer can predict a real time changes of prices. There maybe a probability and they are solving the best probable way but not predict a real time change of prices.
