Chat GPT do a TA about bitcoin

[19Nov16]

AI technology that is developing rapidly certainly will not miss being able to present about bitcoin, what the company that developed AI for bitcoin is doing is of course the first step in further developments, it is natural that many people are afraid and ask countries to ban ChatGPT because it is a threat to many jobs.

[justdimin]

AI technology that is developing rapidly certainly will not miss being able to present about bitcoin, what the company that developed AI for bitcoin is doing is of course the first step in further developments, it is natural that many people are afraid and ask countries to ban ChatGPT because it is a threat to many jobs.

Yeah, I think when something that is a bit more current and a bit more that can check the data of today comes out, which will most probably, then we are going to see something but it will be always risky. I mean it's clear that we can always use the current setup of chatgpt, instead take it and feed it all the information we should, like basically upload all of CMC and that should more than enough, and then it can check the chart of it all and then we could see it give a bit of a solution or answer to it.

But will you really trust an AI and do what it says? Hell if it is actually doing alright and making you profit, then everyone would use it and then whatever it says will be very hard, it will always change based on who enters the last.

[SaveOurSea]

AI technology that is developing rapidly certainly will not miss being able to present about bitcoin, what the company that developed AI for bitcoin is doing is of course the first step in further developments, it is natural that many people are afraid and ask countries to ban ChatGPT because it is a threat to many jobs.

Chat GPT  is already part of the technology and even gpt chat will become a real ai robot in the future,
because it has been proven that chatgpt is able to interact with us, we cannot avoid this development,
and what we have to do is adapt and keep learning new things.

[Unbunplease]

Yeah, I think when something that is a bit more current and a bit more that can check the data of today comes out, which will most probably, then we are going to see something but it will be always risky. I mean it's clear that we can always use the current setup of chatgpt, instead take it and feed it all the information we should, like basically upload all of CMC and that should more than enough, and then it can check the chart of it all and then we could see it give a bit of a solution or answer to it.

But will you really trust an AI and do what it says? Hell if it is actually doing alright and making you profit, then everyone would use it and then whatever it says will be very hard, it will always change based on who enters the last.

If you could trust past time charts, and if everything matched up, almost everyone would be making money. But sooner or later things go wrong.  If an event is repeated 3 times, there is no guarantee that the fourth time will be exactly the same. This is why ChatGTP should not be trusted - it bases its analysis on the past.

[ningrum]

Yeah, I think when something that is a bit more current and a bit more that can check the data of today comes out, which will most probably, then we are going to see something but it will be always risky. I mean it's clear that we can always use the current setup of chatgpt, instead take it and feed it all the information we should, like basically upload all of CMC and that should more than enough, and then it can check the chart of it all and then we could see it give a bit of a solution or answer to it.

But will you really trust an AI and do what it says? Hell if it is actually doing alright and making you profit, then everyone would use it and then whatever it says will be very hard, it will always change based on who enters the last.

If you could trust past time charts, and if everything matched up, almost everyone would be making money. But sooner or later things go wrong.  If an event is repeated 3 times, there is no guarantee that the fourth time will be exactly the same. This is why ChatGTP should not be trusted - it bases its analysis on the past.

Chat GPT can indeed answer an analysis of bitcoin prices but that's just speculation,
I once tried to ask questions about chemistry and mathematics on chat GPT and he was wrong,
of course from this we know that the answers from Chat GPT is not entirely true, so let's not continue depend and trust Chat GPT.

[justdimin]

If you could trust past time charts, and if everything matched up, almost everyone would be making money. But sooner or later things go wrong.  If an event is repeated 3 times, there is no guarantee that the fourth time will be exactly the same. This is why ChatGTP should not be trusted - it bases its analysis on the past.

I agree completely, it's a total random market and that's what it will be like for a long time, we just can't do anything that would be too wild from the regular situation and just have to accept that this is what it is and that's why we need to forget about using chatgpt.

If people started to think that chatgpt would be a great way for them to make money, they will end up all using it, and one thing could not make every single person richer, it just doesn't work that way, if the same answer made us all rich, who would be holding until the last moment will be the biggest loser. Think about it like pump and dump schemes, they suppose to buy all the same time, but some people buy later than others, and they say they will sell at the same time but some sell earlier than others.

[taufik123]

-snip-
If people started to think that chatgpt would be a great way for them to make money, they will end up all using it, and one thing could not make every single person richer, it just doesn't work that way, if the same answer made us all rich, who would be holding until the last moment will be the biggest loser. Think about it like pump and dump schemes, they suppose to buy all the same time, but some people buy later than others, and they say they will sell at the same time but some sell earlier than others.

At first, I thought so too, making TA by asking ChatGPT. Making special coding for Tradingview and such.
But when asking directly about TA, about price analysis for Bitcoin ChatGPT warned me that he couldn't do it and didn't give any predictions, just some trading tips.

As said, if ChatGPT gives the same answer then this is just like pump-and-dump practice.
ChatGPT only gives the data he knows but cannot give any predictions for the future.