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Author Topic: BTC Prices Predicting Software  (Read 677 times)
aoluain
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November 02, 2018, 01:22:52 PM
 #21

Prediction is really the wrong word to use. There is one factor which cannot be predicted,
Human emotion! How we react singularly or individually when certain events are presented
to us is unknown.

R


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November 02, 2018, 01:35:06 PM
 #22

What do you guys think about this software?

I've been trying to find something similar it seems like no one discusses this type of projects.

Would there be general interest from investors and BTC traders?



I think you looking for something like trading bot which will detect the movement.
But if you looking for something that can predict the price further, i think there's no algorithm that can do that
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November 02, 2018, 01:43:14 PM
 #23

Think about it clearly. How can a software algorithm predict prices? How could they take into consideration human emotion aspect? I think what you're looking for is a fortune teller.


Lol. No jokes but this is the real answer.
I have been telling this here all over the forum.
We aint that powerful to foresee what the future will be. We just go with the flow of the present time.

You trade, you risk. You get lucky if it goes to where you want to be and made a heck of a profit.
That profit will circulate again to create more profit making you look like a better trader. But think about it. Even them could lose it in an instant.
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November 02, 2018, 01:47:33 PM
 #24

What do you guys think about this software?

you want to know what people think of this type of software, the problem in this is that people do not see good results of this software and the opinions are bad, so here comes another question:

Would anyone be able to create software that was better than existing software? this is an unanswered question, the current fact is that no one creates software that brings good results and people have begun to give up using such software.

I remember the doublebot site that said it had a software capable of predicting prices, but in the end the site was ponzi

I've been trying to find something similar it seems like no one discusses this type of projects.

Of course no one will comment because in the past many people have been deceived

Would there be general interest from investors and BTC traders?

if they created software that was very effective, then people would have an interest in software

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November 02, 2018, 06:46:01 PM
 #25

I do not suggest any predictions or signal. Its so dangerous without thinking. Predictions not right if its given by any software. Human research is the main and profitable predictions.

Be hardworker
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November 03, 2018, 12:15:54 AM
 #26

We have been working on a project that can do this and predictions are extremely accurate but only up to 8 minutes in the future.

The algorithm we use is very powerful and it takes data from 3 different sources:

1) The BTC Sentiment Analysis on Twitter in real time.
2) The search hits on Google in real time from BTC, and
3) The weighted mobile average of the price of the last 5 quotes of the currency.

https://i.imgur.com/tV141N1.png

It takes the human factor in consideration too.

I will not reveal all the sources - but yes it is definitely possible and it has been tested.

Just trying to figure out what is the best way to monetize it.


Is there a way to bet on BTC prices from minute to minute?
If so please leave a link below, thanks in advance!
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November 03, 2018, 12:38:43 AM
 #27

This is a recent picture tho

https://i.imgur.com/osxiJGJ.png

Would BTC trading be a good way to monetize this?
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November 03, 2018, 12:52:10 AM
 #28

the prediction of something is a natural thing, because in the world of trade, especially crypto currency trading, which is always the reference of the treder, is indeed a prediction in the future, predictions or the possibility that all can be analyzed according to the development of the world from time to time. become a guide in determining our attitude in making decisions ...
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November 03, 2018, 01:15:05 AM
 #29

There are trading bots (which most people here do not advise the use of) that gives hints on the how the market will perform for the coming days.

But the word should be to predict the market, trading bots gives your probabilities the same with professional traders who look and analyze the market through price patterns and react based on that. But its still a probability none of that they are sure will happen.
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November 03, 2018, 03:20:31 AM
 #30

What do you guys think about this software?

I've been trying to find something similar it seems like no one discusses this type of projects.

Would there be general interest from investors and BTC traders?

What software are you referring to?

And, there would be no such interest from investors for a project like that. It's risky for them and not a reliable one, maybe it would be helpful if that software is only spotting good price entries via Technical Analysis only.


it may help by calculating volume change, search engines statistics like how can i buy bitcoin, exchanges bitcoin adresses, checking indicators etc.those may help but it cant calculate psychology, speculative moves nor effect of news.

Exactly! Traders psychology has nothing to deal with softwares, traders are the one who are the makers and the takers of the market, collectively, they decide the price action which no software could predict. I also think rumor is better than the software if this happens.

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November 03, 2018, 03:27:25 AM
 #31

There are trading bots (which most people here do not advise the use of) that gives hints on the how the market will perform for the coming days.

But the word should be to predict the market, trading bots gives your probabilities the same with professional traders who look and analyze the market through price patterns and react based on that. But its still a probability none of that they are sure will happen.
usually trading bots will be more effective if market is in a normal state, but if there is important news that affects a large movement, it becomes less effective. therefore personal analysis in my opinion is the best

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November 03, 2018, 05:32:32 AM
 #32

There are trading bots (which most people here do not advise the use of) that gives hints on the how the market will perform for the coming days.

But the word should be to predict the market, trading bots gives your probabilities the same with professional traders who look and analyze the market through price patterns and react based on that. But its still a probability none of that they are sure will happen.
usually trading bots will be more effective if market is in a normal state, but if there is important news that affects a large movement, it becomes less effective. therefore personal analysis in my opinion is the best
Trading bot for me maybe only help when people don't have time to watch market, but who setting it is themself. But for other people, bot is something that they think can make them always profit without hardwork.

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November 03, 2018, 06:00:01 AM
 #33

Are you saying some software that uses graphs and indicators like RSI? Or software that collects information and forecasts the market with the use of AI?

There are several softwares in the traditional stock market. But none of them has great efficiency without the help of human professionals.

A tool that was launched this year and is highly praised is the Alpaca Forecast AI Prediction Matrix, by bloomberg. It is a revolutionary tool. But you see, it was only released this year for the traditional market. I do not think we have anything like it in the Cryptos market.
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November 03, 2018, 07:46:31 PM
 #34

It seems that there has been some confusion about the post so let me clarify.

Our team has developed Machine Learning powered software that uses powerful algorithms combined with real-time data gathered from couple sources,
the purpose of the software is to give us predictions on BTC prices.

We have been working for quite a while on this project and figured out the optimal way to do it.
At the moment we do have software that can predict Bitcoin prices up 5 minutes in the future with 90% accuracy.
Most of the predictions will be if the price is going to go up or down, all results indicate that predictions are accurate most of the time.



The software is not public, it is not on the market.

I wanted to get information from you guys if there is something like this currently available on the market and if there would be interest from people.
Also, I would like to know if there is any website that allows people to bet on BTC prices from minute to minute.

If you know anything about this please let me know, thanks guys.


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November 04, 2018, 12:20:09 AM
 #35

It seems that there has been some confusion about the post so let me clarify.

Our team has developed Machine Learning powered software that uses powerful algorithms combined with real-time data gathered from couple sources,
the purpose of the software is to give us predictions on BTC prices.

We have been working for quite a while on this project and figured out the optimal way to do it.
At the moment we do have software that can predict Bitcoin prices up 5 minutes in the future with 90% accuracy.
Most of the predictions will be if the price is going to go up or down, all results indicate that predictions are accurate most of the time.



The software is not public, it is not on the market.

I wanted to get information from you guys if there is something like this currently available on the market and if there would be interest from people.

Isn't that what we are all talking about? Trading bots? They predict the market if it will go up or down. The same concept as what you guys are building. Well, maybe I"m wrong is this not what you are looking for?


Quote
Also, I would like to know if there is any website that allows people to bet on BTC prices from minute to minute.

If you know anything about this please let me know, thanks guys.

I think that options trading? not sure. Check out options trading.




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November 04, 2018, 10:19:15 AM
 #36

There are trading bots (which most people here do not advise the use of) that gives hints on the how the market will perform for the coming days.

But the word should be to predict the market, trading bots gives your probabilities the same with professional traders who look and analyze the market through price patterns and react based on that. But its still a probability none of that they are sure will happen.
usually trading bots will be more effective if market is in a normal state, but if there is important news that affects a large movement, it becomes less effective. therefore personal analysis in my opinion is the best
Trading bot for me maybe only help when people don't have time to watch market, but who setting it is themself. But for other people, bot is something that they think can make them always profit without hardwork.

trading bots are only designed to automate the process but they cannot guarantee easy profits because if that happens then no one will trade manually and everyone will be buying a trading bot which can result for the owners of these bots to get rich pretty quickly . anyway  there isnt a known predicting software because btc and other cryptos were totally dependable on the mood of whales or any other big players as they are the ones that controlls the market more effectively .
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November 04, 2018, 10:59:10 AM
 #37

What do you guys think about this software?

I've been trying to find something similar it seems like no one discusses this type of projects.

Would there be general interest from investors and BTC traders?



Well I would love to see a actual applications that can really predict the future price of bitcoin. However, we all know that the market is  very volatile and its purely based on speculation so I don't know if a software can really do that.

Perhaps it wasn't discussed before because its not really feasible to say the least. Anyways good luck and just like I said, I'm interested to so this AI software and the 'accuracy' of its prediction.

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sublime5447
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November 04, 2018, 03:45:48 PM
 #38

make a software that can predicts crypto trade movement (especially Bitcoin) is not a simple thing. If you talk about forex bot or atleast technical analysis on forex, you should understood what factors that move the market and in crypto we can't use technical analysis for some reason, and one of them is FUD that contain a lot of people's emotions, or atleast for now. even it can be created, it's really a complex software with AI that can understand the FUD and the price is worth the development effort.
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November 05, 2018, 12:40:08 AM
 #39

What do you guys think about this software?

I've been trying to find something similar it seems like no one discusses this type of projects.

Would there be general interest from investors and BTC traders?



I just heard this from you and i don't think that there is such software that can predict the volatility and the fluctuation of the Bitcoin market price because market is always will depend of the supply and demand that there is no one can predict the future of Bitcoin not even a software. Please share the links of your source for our common understanding.
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November 05, 2018, 04:19:37 AM
 #40

What do you guys think about this software?

I've been trying to find something similar it seems like no one discusses this type of projects.

Would there be general interest from investors and BTC traders?



I don't think the software can predict with precisely because of the crypto market still unpredictable. But maybe the software can have percentage about the up and down of the price but still, to know where the price wants to go it's impossible. I think it will look like at the movie film which the AI can give information and percentage about the decision that we make.



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