I would like to ask the following question: How do you see the future of trading in next 2-3 years as we see increasing number of projects (startups that are financed not only via ICO) offering automated trading using Artificial Intelligence, traders expertise or combination of both. Following this trend in 2-3 years it is easy to imagine that such robot platforms will outperform 99% of humans traders. So is it seems that cryptocurrency trading will be among AI traders if future? And profit will gain only the “coolest robo-trader” potentially monopolizing the whole market?
Hello Albermaze.
We are not aiming to be big on that, we will limit the number of users to avoid affecting the market, we don´t want quantity, we want quality of the trades and success of our users.
If you are afraid about the machines, they already exist, they are called high frequency machines and are the ones that control the market on Forex, they are managed by few investors (hedge funds). Have a look here for more info.
https://en.wikipedia.org/wiki/High-frequency_tradingThis is part of the thread on wikipedia:
On the early 2000s, high-frequency trading still accounted for fewer than 10% of equity orders, but this proportion was soon to begin rapid growth. According to data from the NYSE, trading volume grew by about 164% between 2005 and 2009 for which high-frequency trading might be accounted. As of the first quarter in 2009, total assets under management for hedge funds with high-frequency trading strategies were $141 billion, down about 21% from their peak before the worst of the crises, although most of the largest HFT's are actually LLC's owned by a small number of investors. The high-frequency strategy was first made popular by Renaissance Technologies who use both HFT and quantitative aspects in their trading. Many high-frequency firms are market makers and provide liquidity to the market which lowers volatility and helps narrow bid-offer spreads, making trading and investing cheaper for other market participants.
Regards,
