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Author Topic: AI Coins Speculation  (Read 1102 times)
darewaller
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June 04, 2023, 03:04:00 PM
 #21

Coins you mentioned are prominent coins in the market, and I'm not surprised with their upside recently, investors will pick up whatever is in trend and these days it's AI. However, there are countless other shitcoins which are taking advantage of buzzword AI and are there just to scam investors. Stay away from them.
I do heard about the Chatgpt but I never heard those coins mentioned by the OP. They might be related to AI and they only get lucky if they are not one of kind with special use case to attract investors. Not all investors are investing on the hype coins because they know the risk that entails with it but some are only playing it safe.

Cryptos are already risky due to their highly volatile state so they are not going to amplify it more. Meme coin is also another term for those coin who ride the current hype but this one is more riskier because they are only just a pump and dump. Once the hype is over their life was also over. Those who fail to play the game well is going to lose their money.
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June 04, 2023, 09:30:48 PM
 #22

OCEAN...   What do you guys think of this?  Strong pump to .60 and beyond or is it just another fake out?  You guys already know I have a piece of this as I think one should never fade a pump that has attacked resistance more than a couple of times then restesting with the possibility of flipping it into support.

Anyway if .40 does become support, I think that could be another good spot.




^  Here we go...  Support line is being tested right now and so far so good.  But I'm a bit worried.  Lol.  Most of the crypto market is showing strength except for a few coins and OCEAN is one of those coins showing weakness.  We'll see how it goes this week.

The Hype of AI coins is remind me of the craze for Metaverse coins from last year. Take a look at all the Metaverse tokens right now. I hope AI coins can perform better in the future and such coin like GRT is worth to invest imo.

It's not that big of a hype yet in crypto tho.  The overall narrative surrounding AI, yes, the hype is huge.  But it hasn't really translated in huge price action yet.  And who knows, OCEAN might not even pump as high as expected.  Current level could also be good to short with a very tight stop loss imo.

Not financial advice.

R


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CapGelatik
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June 05, 2023, 06:42:36 AM
 #23

The journey of AI coin is of course still very long, especially since AI coin has just experienced hype this year and ends this year too,
yes it is quite fast compared to several other projects such as NFT, PlayToEarn or Metaverse, but 2024 or 2025 it is likely that AI will also Fomo especially in that year,
many believed to be bullish, so if you bought AI coins during a correction, hold and hold.

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June 05, 2023, 09:14:22 AM
 #24

Let's see, AI coins is very hype right now.
it is very likely that the hype in this coin will survive for a very long time (IMO) because the room for AI to develop is still very wide.
If we looked in the reality right now there so many people have been helped by ai products/services such as chat gpt and others.
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June 05, 2023, 12:41:19 PM
 #25

Probably OpenAI joining the game would be the only one to convince me to buy their AI currency, but that would serve little value with their selection of other amazing products so that gives them very little reason to do so.

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June 05, 2023, 01:03:27 PM
 #26

Probably OpenAI joining the game would be the only one to convince me to buy their AI currency, but that would serve little value with their selection of other amazing products so that gives them very little reason to do so.
that's like hoping for the impossible honestly, openAI already got invested with billions if not millions of dollars, and I doubt that they'd make their own cryptocurrency.
moreover, their AI right now are like the center of the spotlight with massive B2B deals going on, definitely not gonna create their own token.

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June 05, 2023, 02:45:19 PM
 #27

The journey of AI coin is of course still very long, especially since AI coin has just experienced hype this year and ends this year too,
yes it is quite fast compared to several other projects such as NFT, PlayToEarn or Metaverse, but 2024 or 2025 it is likely that AI will also Fomo especially in that year,
many believed to be bullish, so if you bought AI coins during a correction, hold and hold.

We await to see what get unfolded when this time comes with the use of AI coins tgat is if any could eventually exised, there high expectations and demand already with this new and advanced technology of AI and alot of works, efforts and research were still ongoing in this regards, every other technology will have to follow after the development from the AI era and things would have been more easier than expected through this means, the major benefit of advancing in developing a new technology is to make life more better and doing things more easier than before, let's wait to see the more tidings coming from this development sooner
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June 06, 2023, 06:15:54 PM
 #28


it is still very early to speculate about coin AI because a recent coin AI appears on the crypto market in 2023 before I have never heard of it,
Fomo is also new this year, so it's very likely that there will indeed be another fomo in 2023-2024,
especially since AI technology is now very trending in some news, i still have some AI coins like Ocean and FET.


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June 06, 2023, 10:55:42 PM
 #29

with the recent correction of bitcoin, I think these AI trends are done for, nowadays it's the trend of ordinal, I think AI
has now lost the hype and most of them released become shitcoin that they actually is nowadays.

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June 06, 2023, 11:53:47 PM
 #30

these AI based coins done really bad in this recent corrections, so many of them actually losing majority of their market capitalisation.
i'd even say that this is the end of this trend, better look out for another trend out there after all even meme coin investment still more profitable than this investment in AI coins in general.

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June 06, 2023, 11:57:23 PM
Last edit: June 07, 2023, 09:30:22 PM by AmoreJaz
 #31

these AI based coins done really bad in this recent corrections, so many of them actually losing majority of their market capitalisation.
i'd even say that this is the end of this trend, better look out for another trend out there after all even meme coin investment still more profitable than this investment in AI coins in general.

because the truth is, most of them are just riding the hype with no solid foundation at all!
if you will seriously consider investing on this type of coin, better dig the reason of their creation as you will get insight if they have the chance to survive long. and in every hype in this market, a lot of fraudsters are jumping on board as they know a lot of naive people will spend their money owed to greed.

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June 07, 2023, 04:47:21 AM
 #32

I am not against AI itself, but for me, it's kinda not good to combine blockchain and AI.

For example, the risk associated with AI coins,
A major concern of mine is regulation, there will be no clear regulatory framework for AI coins, very complicated.
Another thing is complexity, which most investors will have difficulty understanding how AI really works.

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June 07, 2023, 02:11:48 PM
 #33

^  In case you hadn't noticed, all the 'x in the blockchain' talk are mostly memes that have nothing to show for.  None of the sht are actually real.  But I guess you already knew that with you being a part of the class of 2017.  Wink  I'm mostly just talking about trends and narratives in crypto and how to make a little something something from the price action caused by the said narratives.  It's not easy tho.

But yeah...  At the end of the day, it's all about BTC, ETH and XMR for me tbqh.

R


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June 08, 2023, 04:05:09 PM
 #34

Let's see, AI coins is very hype right now.
it is very likely that the hype in this coin will survive for a very long time (IMO) because the room for AI to develop is still very wide.
If we looked in the reality right now there so many people have been helped by ai products/services such as chat gpt and others.

We are even yet to get started with the use of this AI everyone is talking about and trending on the internet everywhere, we are still under the developmental stage, there are alot of test runnings going beneath on the uses and areas where this could be best applicable, there are many newly introduced cryptocurrencies these days which have come across to showcase interest under the cover of AI advancement in cryptocurrency but not all are genuine for now since we are just about getting started.
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June 09, 2023, 02:23:41 AM
 #35

My speculation is that it will not be a big deal. There aren't any serious coders who are working on AI coin, all the people who can actually do something with AI are people who are working on AI, not anything else, not a coin, not new stuff.

There will be a ton of AI in the name of the coins but none of them will have anything related to artificial at all, the only thing artificial about them is their name. This is why they will all be a scam and you should stay away from it. I know that it is not that easy to find something that is worthy to invest these days, specially among the new things, but that doesn't mean that we should be doing anything that would be serious level, it should end up with nothing at all if you only find bad ones.

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June 10, 2023, 12:59:50 PM
 #36

Hmmm...  As I have been trying hard to anticipate and have been thinking about what would come next be it 'DeFi summer, NFT summer, memecoin summer or AI summer', I didn't see what was about to come next...  It's SEC summer!  Dammit.  :/

Why do the guvment always want to do us bad like this?  I got liquidated in a couple of memecoin longs.  Lol.  But no biggy, just two small bets 'just to see'.  Grin  

Stay safe out there guys, the worst could still be coming.

R


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June 11, 2023, 11:16:08 PM
 #37

AI is really going to change the world, and to be honest by trying ChatGPT I was really surprised that we are like talking to humans,
even though it's just a text on the internet, and on fact AI is still not implemented in all aspects, but the hype is already extraordinary.
if you want to invest in AI coin, obviously you are right.

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June 12, 2023, 08:18:31 PM
 #38

Many newcomers come with AI technologhy such ChainGPT, Orbofi, and many more. But currently i'm still confused what is relation AI with crypto. I'm just think about it, maybe AI has been in the crypto market but with the name trading robots. Decision of human for trading never be changed by AI, if AI manages all trading functions many exchange will bankrupt, we are know the function of AI for Facilitate human work but currently can't implemented on crypto market

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June 12, 2023, 11:42:34 PM
 #39

AI is really going to change the world, and to be honest by trying ChatGPT I was really surprised that we are like talking to humans,
even though it's just a text on the internet, and on fact AI is still not implemented in all aspects, but the hype is already extraordinary.
if you want to invest in AI coin, obviously you are right.
well the product are honestly entirely different category with openAI offering real AI for money
but with all these meme coin that uses AI as their name, rarely I see them offering real AI, it's just name and they call it a day.
I don't even know why these AI coin even uses AI in their name, but one thing for sure, their product aren't AI like end to end services or even business to business but it's just
utilizing the AI name for the sake of gathering attention, so I doubt with the emergence of AI in various aspects gonna be that influential towards the AI coin.

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June 13, 2023, 03:09:33 AM
 #40

Probably OpenAI joining the game would be the only one to convince me to buy their AI currency, but that would serve little value with their selection of other amazing products so that gives them very little reason to do so.
that's like hoping for the impossible honestly, openAI already got invested with billions if not millions of dollars, and I doubt that they'd make their own cryptocurrency.
moreover, their AI right now are like the center of the spotlight with massive B2B deals going on, definitely not gonna create their own token.
Well, it's not just about money all the time and some projects or companies use blockchain technology only for its advantages and use cases that it provides, some might use it for decentralization, and some for security, blockchain technology serves a lot of purposes and not just money, so they might think of utilizing blockchain technology and create their own token for some utility in the future.

If that happens, I can already imagine how quickly their tokens will be sold if they have a public sale, and the token will probably gain significant success both in trading volumes and in price increases if they make it have a limited supply.

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