Is AI in crypto a game-changer or just another hype?

[AakZaki]

Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.

This cycle will continue and the Era where AI technology dominates will truly occur. Just look at how the implementation of Ai technology is in all fields of knowledge, especially in crypto, of course it will be a more modern future. The Ai project is not a game changer, but it is like a tool that will make crypto more powerful and can make it easier for users to carry out any activity. Everyone now seems to be familiar with Ai.

[passwordnow]

Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.

Bro game changer can be because trading is not for everyone but Investment opportunities are widely available for everyone in the context if AI really gets proper implementation as always being on the same point what I had previously it really needs time, it can really change the game for those who want the passive income from the trading because AI will make way faster and effective technical analysis for the reading patterns will the piece of cake and etc luxuries the new ones can enjoy.

But the point is with the consequences when everyone will use Ai and bots they influence market emotion will get reep out which is one of the major consequences leading to a nonvolatile and sideways-moving market because there are bots and AI with the same behavior driving the market. So AI is good and ad in our ways but for now we don't need to are about it. On-time can discuss it in a more precise way.

Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.

[SmartGold01]

In the current crypto landscape, we're witnessing an influx of AI-powered projects. However, it's crucial to remain skeptical as many of these projects lack solid evidence to support their claims of being AI-driven. It appears that some are merely trying to create hype to sell their tokens without substantial technological backing.

This is cryptospace and anything I mean everything is possibly to be achieved only if they are determined to work towards it, how do I mean?
People don't always showcase their real intention ( be it project owners) towards the general public and to their community in general, they could came with an intention of AI-driven project without having to presents all the qualities it needed to be called an AI oriented project. However, as a trader or investors you should know things like always ends being hyped.

From my understanding, there has been lots of AI projects that has been existing for long and my question is that; Since all this projects has been existing does it mean that they haven't exhaust those their usecases?

On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.

As a beginner you do not need to enable a trading bots, as most times trading bots do malfunction and whenever its happened there is always problems within those exchange or between those users who implemented those tools and the risk is to their own detriment and, the exchange doesn't support or bear risk that may comes at the later ends, for instance just as those who does copy trading and their risk are not subjected to the exchangers that is why you must take caution and cautious of how you implement those tools.

[wxa7115]

Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.

ChatGPT is without a doubt the best chatbot that has existed, however an AI dedicated exclusively to trade the markets has been on the making for a very long time, however we do not hear about it as trading and investing firms keep their research under strict secret as they know that any advantage they may gain can be the difference between making a fortune or not.

It is because of this so many talented people work at those firms, as they need all kind of people developing mathematical models and improving their AI to keep themselves competitive against other financial firms.

[alastantiger]

For instance, Bitget has integrated AI into its grid trading system, and it's likely that other exchanges are exploring similar paths. But the big question remains: Will these AI implementations truly deliver on their promises or will they become obsolete in the future, dismissed as mere trash? As a crypto enthusiast, it's crucial to keep a watchful eye on the advancements and critically assess the real value that AI brings to the crypto space.

I strongly believe that we would see more AI powered-projects because of their codes are freely available on GitHub sand some other places on the internet. My two predictions are that most people will not do their research and will end up investing in these project because it has the word "Artificial Intelligence" only for the bot to just burn all the money in transaction fees. The core principle of investing and trading shouldn't thrown away because a project is AI supported. For example you must learn how to set a stop loss.  My second prediction is that AI to know an AI best performance, test it against Live trading and see how it performs.

[Uruhara]

In early 2023, AI-type tokens or coins experienced quite a high hype after ChatGPT went viral in the community. So that several AI projects such as OCEAN, AGIX and others have experienced quite high and sustainable increases. But hype is still hype. Because we can see that now the hype has died down and all AI coin prices are starting to fall back to the levels they were before the AI ​​hype started. But the AI ​​hype can come back suddenly so I personally collect some AI coins to be prepared if the Hype does happen again.

AI continues to develop so when there is good news about AI, we must be prepared for the increase that can occur in AI-type coins. Singularity here is what I like the most. Because it has projects in the works that are even said to want to beat ChatGPT in the next few years. Dwyor

[justdimin]

Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.

This is the part people should realize, AI has been developed for many years now, technically speaking we could say that it has been developed for decades as well, we have never been this close and there was a breakthrough and that is why it's more popular right now. It wasn't this public before, but it got more and more public.

If anyone remembers, there were AI chatbots back in the day, you would make it say things and it would develop based on what it learns, but people didn't let it learn real things and made it like nazi or something as a "fun" thing, to mock it basically. This time it's a bit more closed down publicly from central companies to develop it, but public to use it and that way it does pretty decently and I bet it will get even better.

[passwordnow]

Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.

This is the part people should realize, AI has been developed for many years now, technically speaking we could say that it has been developed for decades as well, we have never been this close and there was a breakthrough and that is why it's more popular right now. It wasn't this public before, but it got more and more public.

If anyone remembers, there were AI chatbots back in the day, you would make it say things and it would develop based on what it learns, but people didn't let it learn real things and made it like nazi or something as a "fun" thing, to mock it basically. This time it's a bit more closed down publicly from central companies to develop it, but public to use it and that way it does pretty decently and I bet it will get even better.

Right, it's been there for more than a decade. Chatbots are literally AI and people aren't just looking at it as one because of the branding success of what chatgpt and other companies that have an AI project and product.

Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.

ChatGPT is without a doubt the best chatbot that has existed, however an AI dedicated exclusively to trade the markets has been on the making for a very long time, however we do not hear about it as trading and investing firms keep their research under strict secret as they know that any advantage they may gain can be the difference between making a fortune or not.

It is because of this so many talented people work at those firms, as they need all kind of people developing mathematical models and improving their AI to keep themselves competitive against other financial firms.

Yup, those bots that we've used for trading. They've been there long time ago and it's not just one but many of them. Only a few became recognized and maybe somehow that only a few traders gets to have the advantage of using those.

[WatChe]

This cycle will continue and the Era where AI technology dominates will truly occur. Just look at how the implementation of Ai technology is in all fields of knowledge, especially in crypto, of course it will be a more modern future. The Ai project is not a game changer, but it is like a tool that will make crypto more powerful and can make it easier for users to carry out any activity. Everyone now seems to be familiar with Ai.

AI is not a new technology rather quite an old one. AI has its summer and winter from time to time and we now have another summer for AI. We don't know whether AI has finally arrived or it will have its next winter soon.

AI is a game changer in crypto trading? We have to wait for a while to see its answer. To me in trading primary thing will be human mind and AI will be a useful tool to assist that human mind.

[Uruhara]

This cycle will continue and the Era where AI technology dominates will truly occur. Just look at how the implementation of Ai technology is in all fields of knowledge, especially in crypto, of course it will be a more modern future. The Ai project is not a game changer, but it is like a tool that will make crypto more powerful and can make it easier for users to carry out any activity. Everyone now seems to be familiar with Ai.

AI is not a new technology rather quite an old one. AI has its summer and winter from time to time and we now have another summer for AI. We don't know whether AI has finally arrived or it will have its next winter soon.

AI is a game changer in crypto trading? We have to wait for a while to see its answer. To me in trading primary thing will be human mind and AI will be a useful tool to assist that human mind.

Research on AI has been going on for a long time. But the concepts started to materialize recently. One of them after the launch of ChatGPT which became viral in cyberspace. Followed by the application of AI in various sectors. Even in China there are TV stations that are starting to use AI as a presenter or host. Even in Indonesia, TVOne is one of the TV stations that has developed a concept and started introducing AI presenters.

And specifically in the Crypto field, I haven't seen a direct contribution from AI to this industry. But some AI projects do create coins/tokens within their AI project ecosystem. And for now AI is just like hype in the crypto field. Because there is no direct benefit from an AI for this field for now.

[tygeade]

Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.

This is the part people should realize, AI has been developed for many years now, technically speaking we could say that it has been developed for decades as well, we have never been this close and there was a breakthrough and that is why it's more popular right now. It wasn't this public before, but it got more and more public.

If anyone remembers, there were AI chatbots back in the day, you would make it say things and it would develop based on what it learns, but people didn't let it learn real things and made it like nazi or something as a "fun" thing, to mock it basically. This time it's a bit more closed down publicly from central companies to develop it, but public to use it and that way it does pretty decently and I bet it will get even better.

There was a test the other day I saw online and it said that some people worked on checking what the success rate was on some integral questions and showing how it solved. The rate dropped from somewhere on the 90+% to somewhere to like 2% or something.

Anyone who has worked with chatgpt would tell you that it has gone worse, I have used it time to time to write stories for a novel, not really write the whole story but I am working on a novel myself and ask it some question to get some help, my aim is not to make it write my novel for me, I just want to make sure I have the facts right and not say something factually wrong. Instead of using wiki, I use chatgpt and even I can tell you that it has gone worse.

[Sanitough]

Can't really overgeneralize it; it's a tool — it can be good if you know how to use it. It's the same with trading bots — it's not something you just turn on and just make money forever.

Yes, it could be a game-changer for some who excel in its user knowledge but for beginners, which are clearly less knowledgeable and less experienced, they’ll still have a trouble if they resort trading using AI. So it depends on the user itself. However, if asked if it will be here for good, probably yes. AI has proved its advantage on some fields or aspects, and maybe with more studies and experiments in crypto trading, it will also be a reliable tool in the future.

[michellee]

Can't really overgeneralize it; it's a tool — it can be good if you know how to use it. It's the same with trading bots — it's not something you just turn on and just make money forever.

Yes, it could be a game-changer for some who excel in its user knowledge but for beginners, which are clearly less knowledgeable and less experienced, they’ll still have a trouble if they resort trading using AI. So it depends on the user itself. However, if asked if it will be here for good, probably yes. AI has proved its advantage on some fields or aspects, and maybe with more studies and experiments in crypto trading, it will also be a reliable tool in the future.

AI will stay with us with all the developments every developer will make because they want to make something that can help human activities. But AI still needs further development to make AI that can understand trading, including analyzing market conditions.

Meanwhile, we are still using bots that have been with us for a long time. But using the bot requires skills, analysis and experience so we also need to check the commands in the bot.

But if AI can have even more complicated commands in the future, maybe AI can do the analysis and give it to us. AI might be able to show which coins have the potential to go up shortly. But until that time comes, we can only imagine what the future of AI will look like.

[Distinctin]

Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.

This cycle will continue and the Era where AI technology dominates will truly occur. Just look at how the implementation of Ai technology is in all fields of knowledge, especially in crypto, of course it will be a more modern future. The Ai project is not a game changer, but it is like a tool that will make crypto more powerful and can make it easier for users to carry out any activity. Everyone now seems to be familiar with Ai.

True. AI has gained a lot of conviction right now because accept it or not, it’s here for good and not just a hype or a game-changer. However, with all the positive testimonies I have been hearing from AI, I believe self trading is still unbeatable. Since trading takes no shortcuts and is always learned the hard way, then you should never trade unless you have developed the knowledge and skills required, because that’s the only way you will have to avoid some losses from trading. Having AI maybe a blessing for beginners, but it can never be reliable as much as self-trading can transform us.

[Oilacris]

Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.

This cycle will continue and the Era where AI technology dominates will truly occur. Just look at how the implementation of Ai technology is in all fields of knowledge, especially in crypto, of course it will be a more modern future. The Ai project is not a game changer, but it is like a tool that will make crypto more powerful and can make it easier for users to carry out any activity. Everyone now seems to be familiar with Ai.

True. AI has gained a lot of conviction right now because accept it or not, it’s here for good and not just a hype or a game-changer. However, with all the positive testimonies I have been hearing from AI, I believe self trading is still unbeatable. Since trading takes no shortcuts and is always learned the hard way, then you should never trade unless you have developed the knowledge and skills required, because that’s the only way you will have to avoid some losses from trading. Having AI maybe a blessing for beginners, but it can never be reliable as much as self-trading can transform us.

Innovation is something inevitable or something that cant be stopped on which it would really be just that so normal that there would really be a time that comes that it is really getting that much attention and recognition on which it would really be just that normal that it would temporarily would really be the main talk in town. We cant really tell its just that been a hype considering about its application and utility on which we could really be able to tell that its existence is really that relevant. It is really just that there are people who are really that skeptical if ever they would be seeing something new.

AI application on trade? Yes possible but not something that we could really tell that it would be revolutionary.There might be some aspects that it would really be that relevant but not all the time.
This is why we should really be having that realistic approach on things so that we wont really be that anticipating or expecting that much specially on positive results or outcomes
which we know that its never been that predictable in the first place no matter what.

[Mauser]

On the other hand, certain CEXs are incorporating AI into their trading bots, particularly for grid trading. They assert that this move allows beginners to take advantage of trading strategies without needing extensive expertise in the field.

AI is like the top selling point of 2023, all the major companies are jumping on the hype and are looking for ways to integrate it in their business models. It's good that trading companies are doing the same, but computer automated trading is nothing new, it's been around for a long period of time already. Maybe now with the sophisticated AI programs there are more options to find profitable strategies. My main concern is how reliable these strategies are and if they are going to persist or if its only a short term phenom. And still in any case we should at least try and find value on AI. For anybody that has the technological knowhow I would recommend to run at least a demo portfolio with AI based strategies.

[Latviand]

Considering that AI is on its infancy and already created this much hype, usually what kills any hype is that nothing improves. This is also not just about crypto, AI is in everything we do and its an important thing and that's a difference. However, even if we just think about crypto terms, we can say that things like DeFi and NFT and all that they just existed, stayed the same, didn't improve much and lost their hype because of that. Now that we are looking at the situation right now, we could say  that AI will keep on improving and being better, and that is why its not just another hype, its going to be something a lot bigger than what it is today because it will improve for sure.

AI isn't a new tech to be considered that it's still in infancy, Deep Blue was introduced back in 1995 although it's considered a system and not an AI per se, it still served as our basis of understanding of how an AI should work so no, AI isn't in it's infancy, the current iterations are just more advanced and more commercially available than the others in the past and there's more applications to it in the present compared to in the past. It's continuous improvement will be obvious, there's no way for technology to go but up and I think that AI is definitely a game changer for trading especially if it finally shows a consistent results that can be proven by many people.

[Viscore]

Game changer? I used to hear that a lot as a description but no way, these AI projects are not game changers. We're in a market that keeps on changing a lot every time a season dries off. And if something new comes out again, they'll say that it's another game changer and the cycle goes on until you'll get used to that term which will be used by more projects in the future. I am not even sure if there's going to be an end for these cycles because they just keep on coming and reinvents something new.

This cycle will continue and the Era where AI technology dominates will truly occur. Just look at how the implementation of Ai technology is in all fields of knowledge, especially in crypto, of course it will be a more modern future. The Ai project is not a game changer, but it is like a tool that will make crypto more powerful and can make it easier for users to carry out any activity. Everyone now seems to be familiar with Ai.

You’re on point mate. AI has inevitably improve more user’s confidence when trading because this AI has made trading easier by following these trading bots though I still think that they’re not proven reliable at some point. But instead of trading the traditional and the hard way, beginners have found it more comfortable to trade using AI but also with some caution in trading, and by letting them aware of the risks involved in it.

[lalabotax]

For starters, this could be another hype that makes a lot of people FOMO. But on the other hand, this coin can also be a way for someone to make a profit, and maybe even more people. If he can take advantage of the AI coin hype moment, this will be a big thing. especially now, the world seems to be in a condition where the hype of AI projects and AI applications is very popular. So the developers also create crypto AI projects that will attract the attention of investors too, especially new investors who are interested in various promotions and sweet promises.

But once again, once it's a hype coin, it will expire. So, make it a habit to analyze which projects can really last a long time and tend to go up in the future. Not just temporary hype.

[Unbunplease]

In my opinion, AI in cryptocurrencies is just another hype. Trading bots have existed for a long time, but it is not so easy to successfully use them at a distance, as there are situations where decisions have to be made by a human. AI is the same as trading bots, in essence.