Bitcoin Forum
January 19, 2019, 01:43:30 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: www.coinforecast.io | New Bitcoin/Altcoin short-term prediction service  (Read 148 times)
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 13, 2018, 03:20:12 PM
Last edit: February 19, 2018, 12:08:11 PM by treecat
 #1

Greetings,
We are happy to announce the Bitcoin and Altcoin short-term prediction service - www.coinforecast.io
The service is fast, ad-free and responsive. We update forecasts every hour.
Currently we support 14 currencies: BTC, BCH, BTG, ETH, ETC, XRP, LTC, ZEC, DASH, NEO, VERI, QTUM, XMR, IOTA with 95% accuracy.

Feel free to check our service, and send your suggestions.

https://i.imgur.com/WtEsG86.png
1547862210
Hero Member
*
Offline Offline

Posts: 1547862210

View Profile Personal Message (Offline)

Ignore
1547862210
Reply with quote  #2

1547862210
Report to moderator
1547862210
Hero Member
*
Offline Offline

Posts: 1547862210

View Profile Personal Message (Offline)

Ignore
1547862210
Reply with quote  #2

1547862210
Report to moderator
1547862210
Hero Member
*
Offline Offline

Posts: 1547862210

View Profile Personal Message (Offline)

Ignore
1547862210
Reply with quote  #2

1547862210
Report to moderator
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547862210
Hero Member
*
Offline Offline

Posts: 1547862210

View Profile Personal Message (Offline)

Ignore
1547862210
Reply with quote  #2

1547862210
Report to moderator
1547862210
Hero Member
*
Offline Offline

Posts: 1547862210

View Profile Personal Message (Offline)

Ignore
1547862210
Reply with quote  #2

1547862210
Report to moderator
JasonInCLT
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
February 13, 2018, 06:23:02 PM
 #2

UI is well designed, will watch for a bit and see how accurate your predictions are  Smiley
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 13, 2018, 06:34:56 PM
 #3

Thanks! We have just launched the service and will improve it over time. If you have any suggestions, just contact us here or on the website.
JasonInCLT
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
February 14, 2018, 02:15:37 AM
 #4

Would be cool to see more on the site (or here) documenting the methodology, input data, and assumptions you're using to produce the forecast/prediction. I.e. Is this straight technical or technical + sentiment/web data
sjyi
Jr. Member
*
Offline Offline

Activity: 168
Merit: 1


View Profile
February 14, 2018, 04:15:55 AM
 #5

Noticed the estimate price points are 2 hours delay of the actual price.  The Bitcoin futures prices don't seem to agree with you.  How do you determine the forecast price?

❍ E t h e r a f f l e ❍ The worlds first & only decentralized charitable lottery ❍ ICO Live Now! ❍ (https://etheraffle.com)
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 19, 2018, 11:52:34 AM
 #6

Noticed the estimate price points are 2 hours delay of the actual price.  The Bitcoin futures prices don't seem to agree with you.  How do you determine the forecast price?

We have fixed this. There was a lag with the data from the data provider. Well. The service is not 100% accurate. If it were, we would not post it here  Cool However, it is good to see the most probable price for the crypto in the nearest future. 
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 19, 2018, 12:15:29 PM
 #7

We have added automatic posting of daily forecasts in Twitter and Telegram. Follow us at:

cryptocropty
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
February 19, 2018, 07:55:24 PM
 #8

Cool. Can you give more details about the used forecasting algorithm?
vtrx
Newbie
*
Offline Offline

Activity: 107
Merit: 0


View Profile
February 19, 2018, 08:29:19 PM
 #9

As far as I was able to understand, there is a channel of forecasts up and down, and there is average meaning insight?
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 20, 2018, 09:42:54 AM
 #10

Cool. Can you give more details about the used forecasting algorithm?

We use the ARIMA model (https://en.wikipedia.org/wiki/Autoregressive_integrated_moving_average) as the basis of the forecast. Also, we train the prediction machine on the 1-year data (by hours and minutes). And finally we add some behavior patterns to improve the forecast result.
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 20, 2018, 09:49:17 AM
 #11

As far as I was able to understand, there is a channel of forecasts up and down, and there is average meaning insight?

Yes. We are still in the BETA, and we work over the improvement of the average value.
Lucius
Legendary
*
Offline Offline

Activity: 1302
Merit: 1099


Fortis Fortuna Adiuvat


View Profile WWW
February 20, 2018, 10:45:22 AM
 #12

The idea is interesting,but it is very hard task to predict price movement in world of cryptocurrency.For short term prediction the forecast may be fairly accurate,but for 2 weeks it's a pretty slippery ground.

I see you actual price of BTC now is 11289$,but on most exchanges price is close to 11400-from where you get price on your site?

Let see how your prediction is accurate in long term for March 5,it say 11433$ in 2 weeks-what is actually todays price.My feeling says price should be something more than that,but let's wait and see Wink

wonderchaff
Full Member
***
Offline Offline

Activity: 223
Merit: 100



View Profile
February 20, 2018, 12:00:36 PM
 #13

nice idea and interesting project , but you can put some warning that it is not a financial advice Cheesy
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 21, 2018, 08:26:13 PM
 #14

The idea is interesting,but it is very hard task to predict price movement in world of cryptocurrency.For short term prediction the forecast may be fairly accurate,but for 2 weeks it's a pretty slippery ground.

I see you actual price of BTC now is 11289$,but on most exchanges price is close to 11400-from where you get price on your site?

Let see how your prediction is accurate in long term for March 5,it say 11433$ in 2 weeks-what is actually todays price.My feeling says price should be something more than that,but let's wait and see Wink

Greetings,

We have added real-time currency price update every 5 minutes for all supported currencies. There is no need to refresh the browser page to get latest price. 

Yes, 2 -week forecast is not very accurate, though it shows where the price is going to move. It is recalculated once a day.
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 21, 2018, 08:34:40 PM
 #15

nice idea and interesting project , but you can put some warning that it is not a financial advice Cheesy

Hah, thanks!
We have added a disclaimer: https://www.coinforecast.io/terms/
vtrx
Newbie
*
Offline Offline

Activity: 107
Merit: 0


View Profile
February 22, 2018, 02:23:51 AM
 #16

As of now it's a prototype of possibly successfull forecasting tool as the range of the forecasts is so wide that it brings more panic and indefinite conclusions than real value. Wish you success!
TimtheYoutuber
Member
**
Offline Offline

Activity: 476
Merit: 42

I write articles, $20-$25 per hour.


View Profile WWW
February 22, 2018, 02:30:44 AM
 #17

If you have a budget, I would be interested in writing reviews of ICO's/coins and giving my opinion on the coins.

treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 22, 2018, 07:41:46 AM
 #18

As of now it's a prototype of possibly successfull forecasting tool as the range of the forecasts is so wide that it brings more panic and indefinite conclusions than real value. Wish you success!

We are testing the service now, and we see that 2-week forecasts are not accurate. It is very possible that we remove 2-week forecast and replace in with the intraday forecast for 6-12 hours and real-time update every 15 minutes. Our major limitation is computing power. We do everything at our cost and do not publish ads.

About 24 hour forecast. It seems to be accurate. You can check its accuracy by checking the forecast from our tweets with the real price in 24 hours. For example: yesterday we published BTC forecast for 22 FEB, 08:00 AM (UTC) - #BTCUSD - $10889.58. Right now is 22 FEB, 07:39 AM (UTC) - real price is $10705.41. Error makes 1.7%

Please be patient. We do everything to improve the forecast.
treecat
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
February 22, 2018, 08:09:54 AM
 #19

If you have a budget, I would be interested in writing reviews of ICO's/coins and giving my opinion on the coins.

Thank you very much for the offer. We are sorry to say we run on our own resources from our pockets  Cry
Lucius
Legendary
*
Offline Offline

Activity: 1302
Merit: 1099


Fortis Fortuna Adiuvat


View Profile WWW
February 26, 2018, 11:50:18 AM
 #20

The idea is interesting,but it is very hard task to predict price movement in world of cryptocurrency.For short term prediction the forecast may be fairly accurate,but for 2 weeks it's a pretty slippery ground.

I see you actual price of BTC now is 11289$,but on most exchanges price is close to 11400-from where you get price on your site?

Let see how your prediction is accurate in long term for March 5,it say 11433$ in 2 weeks-what is actually todays price.My feeling says price should be something more than that,but let's wait and see Wink

Greetings,

We have added real-time currency price update every 5 minutes for all supported currencies. There is no need to refresh the browser page to get latest price. 

Yes, 2 -week forecast is not very accurate, though it shows where the price is going to move. It is recalculated once a day.

It is nice to have real time update,looks much better then before.As I say long term prediction have no too much sense since BTC is very unpredictable and it can go up or down anytime.

I have a suggestion for new coin,it is called Nano (former RaiBlocks).

Regarding financing of the project,you should consider to add some advertisement on your site to cover the costs of hosting and to get something for further development.I think that none of the users will not complain if the ads are unobtrusive and that there is not too much of them.

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!