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Author Topic: Is It Finally Time For AI Coins?  (Read 335 times)
Joseph-P (OP)
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August 29, 2023, 05:00:41 PM
 #1

I have always been a tech nerd following all of the latest developments. In recent times, the synergy between tech and the crypto industry have been nothing short of impressive. I followed the LK-99 hype sometime ago that led to creation of several similarly themed cryptocurrencies. Also followed related events before that.

But lately, I’ve found myself tilted more towards AI and seeing new AI coins pop up daily leaves me very excited again. Solidus' AITECH launch yesterday was one of such and I liked the exposure created by its listing on several big CEXs like Bitget, MEXC, etc. Bitget particularly played a huge part in that by initiating a depositors event with a $10k prize pool attached. Hoping to see more of such in the coming days.

Are there Other AI coins that intrigue you? How well do you think aitech would perform in the next bull mrkt?
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August 29, 2023, 07:34:48 PM
 #2

Are there Other AI coins that intrigue you? How well do you think aitech would perform in the next bull mrkt?

No, I don't get moved by trends; I look at potentials and fundamentals, what the project can really do, and what the use case of that coin will be. Those are the kinds of things that I look at on a project and its coins before I venture into any of them. As there are most projects that use the trends happening around them to make a massive profit out of them without really having anything good in mind as to why they are really developing such projects,

Another thing is that a project getting listed on an exchange does not completely make them genuine, as the exchanges are just there to make profit when people use their service. They can also still delist an already listed coin or token, and they won't be traded anywhere, so when making your choice of token always look beyond trending and where they are listed.

This post appears to me like you promoting an exact project..

R


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August 31, 2023, 12:03:34 PM
 #3

The hype on coins that promote artificial intelligence technology has been going on for quite some time, since about the end of 2022. In the spring of 2023, this hype reached its peak and many coins have achieved good results, and even coins that started in the distant 2017 have grown. Of course, AI coins can continue to grow and spread further when a full-fledged bull market comes. You can make good money on this hype, but I do not recommend holding these tokens for many years, as it is just a hype, and any hype tends to end, and if you do not sell your valuable coins in time, then they will fall in price and you will lose all your income.

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August 31, 2023, 01:46:48 PM
 #4

The hype on coins that promote artificial intelligence technology has been going on for quite some time, since about the end of 2022. In the spring of 2023, this hype reached its peak and many coins have achieved good results, and even coins that started in the distant 2017 have grown. Of course, AI coins can continue to grow and spread further when a full-fledged bull market comes. You can make good money on this hype, but I do not recommend holding these tokens for many years, as it is just a hype, and any hype tends to end, and if you do not sell your valuable coins in time, then they will fall in price and you will lose all your income.

I agree, in short, they could be another pump and dump coins or becoming some meme coins and worst, shit coins. Everything here work on trends, maybe it will be AI and it has been with us after the last bull run.

And so with that, in order for them to flourish again, we need that bull run next year. But as a investor, not sure if this is a good project to put my money is. I would rather invest on solid altcoin.

R


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August 31, 2023, 01:47:10 PM
 #5

~snip~
You can make good money on this hype, but I do not recommend holding these tokens for many years, as it is just a hype, and any hype tends to end, and if you do not sell your valuable coins in time, then they will fall in price and you will lose all your income.
^ When the hype is done, it will become a useless coin or let's say, a shitcoin.
There should be perfect timing to sell a hype coin and monitor well the market including the community who hyped the coin. A very risky strategy which is the same aspect as gambling. AI coins are not done yet, from Virtual Reality, and until this AI seems all hyped now.
In a scenario like this, an amount that you can afford to lose is always much better.
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August 31, 2023, 02:01:02 PM
 #6



But lately, I’ve found myself tilted more towards AI and seeing new AI coins pop up daily leaves me very excited again. Solidus' AITECH launch yesterday was one of such and I liked the exposure created by its listing on several big CEXs like Bitget, MEXC, etc. Bitget particularly played a huge part in that by initiating a depositors event with a $10k prize pool attached. Hoping to see more of such in the coming days.
I just try to take a look at the performance from AI tokens but most of tokens were stagnant.

https://coinmarketcap.com/view/ai-big-data/

You can see it by yourself. The thing that is happening to the solidus ai tech was just a usual pump and dump. This token was just getting listed recently. You may able to see a pump to happen soon. https://www.coingecko.com/en/coins/solidus-ai-tech
The patter tells me that if the price may be increasing even higher. Early pump chance is coming.

Are there Other AI coins that intrigue you? How well do you think aitech would perform in the next bull mrkt?
Any altcoins will perform even better once it was coming to the bullish market. It's caused the pump bitcoin will be triggering all of altcoins include solidus ai to be pumped.
If you wanna put your money into the risk and do it with your own risk.

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August 31, 2023, 02:03:55 PM
 #7

~snip~
You can make good money on this hype, but I do not recommend holding these tokens for many years, as it is just a hype, and any hype tends to end, and if you do not sell your valuable coins in time, then they will fall in price and you will lose all your income.
^ When the hype is done, it will become a useless coin or let's say, a shitcoin.
There should be perfect timing to sell a hype coin and monitor well the market including the community who hyped the coin. A very risky strategy which is the same aspect as gambling. AI coins are not done yet, from Virtual Reality, and until this AI seems all hyped now.
In a scenario like this, an amount that you can afford to lose is always much better.
AI coins are still fairly popular despite having decreased from the average AI coin that has been slump in the previous time, and we also have a lot of AI coin data that does not seem to have much interest in recent months.
I agree with the matter of AI coins not recommended for long -term handhelds let alone technology and ecosystems offered made from AI coins that have already jumped into the Crypto market.

Regarding what coins that make me curious are GRT and AGIX that I am still monitoring and holding in my protofolio, I want to see how the development when Halving Bitcoih arrives for the two coins that have a relationship with this AI.

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August 31, 2023, 06:20:45 PM
 #8

Obviously there’s always the chance to ride the hype train but you have to get off before it grinds to a halt. Maybe AI coins could be the big craze of the next bull market like ICO’s in 2017 & NFT’s in 2020/21. It’s maybe worth allocating a small % of your portfolio in AI coins.

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August 31, 2023, 06:22:57 PM
 #9

I have always been a tech nerd following all of the latest developments. In recent times, the synergy between tech and the crypto industry have been nothing short of impressive. I followed the LK-99 hype sometime ago that led to creation of several similarly themed cryptocurrencies. Also followed related events before that.
.cut-
Similarly themed? Those were memecoins based on superconductor hype. They had no purpose what so ever.
In fact i see cryptos giving to artificial intelligence design same amount as they give to superconductors, and that's nothing.

Ai doesn't need bulky deceentralized database any more then super conductor needs it.

And you are late. Look at any coin/token that's pretending to do anything useful with big data or AI, hype is over. DALL·E 2 released in April 2022, that's when the hype started. and peaked because of chatgpt. It wasn't anything more than hype.

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August 31, 2023, 06:51:06 PM
 #10

There is no related interconnection between cryptocurrency and AI progress. Artificial Intelligence research and innovation have been developed just fine without the need for cryptocurrency. Technically AI does not even require a token or a coin.

The reason why it got hyped is because it is mainly intended to scam people. Those scammers try to incorporate something new to deceive and lure people, whereas as of now AI is the thing they are playing with. So there will never be a time for AI coins.
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August 31, 2023, 07:12:05 PM
 #11

Are there Other AI coins that intrigue you?
None.

How well do you think aitech would perform in the next bull mrkt?
I have no idea but I just see them the same as the other altcoins that have been once trending but then it has to stop. Maybe they're on the right time but for how long they're going to be on its peak?

Obviously there’s always the chance to ride the hype train but you have to get off before it grinds to a halt.
This is true.

Somehow, those that are good in riding trends and hype doesn't stay there for a very long time. If they see a window of selling, they won't hesitate to sell.

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August 31, 2023, 09:49:18 PM
 #12

The hype on coins that promote artificial intelligence technology has been going on for quite some time, since about the end of 2022. In the spring of 2023, this hype reached its peak and many coins have achieved good results, and even coins that started in the distant 2017 have grown. Of course, AI coins can continue to grow and spread further when a full-fledged bull market comes. You can make good money on this hype,

This is the result of the changes in the world no doubt. If your review the staff strength of workforce of some companies regards to the number they were in last 10 years to what staff strength they have currently, you will see the past had more work force than the present, that means some of the positions occupied by human labour has been replaced by Al. Therefore, the point is the Al coins has a purpose it is fulfilling and it will continue to increase as long as companies keep chasing out staffs.


but I do not recommend holding these tokens for many years, as it is just a hype, and any hype tends to end, and if you do not sell your valuable coins in time, then they will fall in price and you will lose all your income.

This is a big mistake that people make, they think that the coin will keep raising but as soon as it went up, it will go down and even further than below the price you bought and soon the coins drops to no value and becomes useless in the wallet. People like hodling for long after reasonable profit but it is better to sell and DCA with your profit.
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August 31, 2023, 09:54:53 PM
 #13


Are there Other AI coins that intrigue you? How well do you think aitech would perform in the next bull mrkt?
I still feel that the conditions remain the same as before because the existence of coins that emphasize AI is just an initial hype just like NFTs or Meme coins in general that often occur.
But it is not wrong to be there, it's just that maybe the scheme carried out must also know because I think for hype like this it is only temporary and the possibility of pump and dump also occurs in this case so we must know the risks that can occur in this case.
But for me personally I am not too interested in something like this because I think the conditions remain the same when the hype ends then most of the coins will be discarded and look for new hype to be used as momentum for those who create the project.

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August 31, 2023, 09:58:53 PM
 #14

Those are the projects who are just following the hype.
The purpose of AI is different and having its own coin/token might not serve its purpose anymore.
Though we are in an advanced technology generation, we might see some integration in the future but right now AI is still in the stage of adoption and many are still afraid of its effect in our generation.
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August 31, 2023, 10:57:49 PM
 #15

There is no related interconnection between cryptocurrency and AI progress. Artificial Intelligence research and innovation have been developed just fine without the need for cryptocurrency. Technically AI does not even require a token or a coin.

The reason why it got hyped is because it is mainly intended to scam people. Those scammers try to incorporate something new to deceive and lure people, whereas as of now AI is the thing they are playing with. So there will never be a time for AI coins.
I mean implementing cryptocurrency within the system that utilizes AI for their product is fine, the thing is that, many new AI coins nowadays are just simply deceiving people into beliving that their coins are utlizing Artificial Intelligence in some way while the truth isn't really that.
you could easily figure out the fact that some of these so called AI coins have zero AI for their products, they just naming themselves AI and that it.
though it can be argued that there are indeed some other coins out there that really trying to develop Artificial Intelligence but they are very few and their product usually isn't b2e meaning only big companies could utilizes their AI unlike openAI that really commited to make their product for end users.

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August 31, 2023, 11:46:02 PM
 #16

No, I do not think that there is a need for an AI coin.  Any project that was created due to hype is often a scam project.  I have seen this kind of strategy in years of staying here in Bitcointalk.  Whenever there is a trend, there are lots of projects sprouting everywhere with the theme of that trend and most of them just poof after the hype is gone.  This is also one way for scammers to milk money out of investors.  So be wary if there is a project that pops up having the theme of what is trending during that time.

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September 01, 2023, 01:03:29 AM
 #17

Are there Other AI coins that intrigue you? How well do you think aitech would perform in the next bull mrkt?
I don't really follow the AI token or coins in the market, but if you feel it's good and have prospects to make a profit, there is no harm in buying and following the market. Whatever of kind, AI, NFT, Meme, DeFi, GameFi, and etc. If all can be profitable, you should try and buy it. But, before continuing, you have to be careful, don't be careless and blind. Look at a careful project in detail with their roadmap, make sure they develop seriously because from what they were doing, we can see how the token has prospects on the future.
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September 01, 2023, 03:38:43 AM
 #18


Are there Other AI coins that intrigue you? How well do you think aitech would perform in the next bull mrkt?

Nothing intrigues me than accumulating bitcoin at a lower price, but I in fairness to AI related crypto projects, they might get enough hype these days as people over the internet has been crazy hyped up with what the AI can do to make the work easier than before. So, it's high time for these devs to delve into this kind of project related to AI. However, just like NFTs, ICOs, and other crypto projects along these lines before had all their time and just eventually died down several months after. Though it did not totally disappear but it didn't enough recognition than it was before.
I can definitely say, you could go ahead and have these kind of coins these days, but never hold onto it for as it will never be sustainable in the long run, considering the level of competition in the market and the trend.

R


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September 01, 2023, 06:09:06 AM
 #19

Are there Other AI coins that intrigue you? How well do you think aitech would perform in the next bull mrkt?
I don't really follow the AI token or coins in the market, but if you feel it's good and have prospects to make a profit, there is no harm in buying and following the market. Whatever of kind, AI, NFT, Meme, DeFi, GameFi, and etc. If all can be profitable, you should try and buy it. But, before continuing, you have to be careful, don't be careless and blind. Look at a careful project in detail with their roadmap, make sure they develop seriously because from what they were doing, we can see how the token has prospects on the future.


People should be free to explore the crypto world and invest in projects they like. I don't follow AI projects as well, for now, I don't see anything special about them, except huge promises and big words. Maybe I am wrong about it, but I think that most of them just follow the entire hype around AI in general.

Is there any AI project with some existing product?

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September 01, 2023, 06:20:17 AM
 #20

Are there Other AI coins that intrigue you? How well do you think aitech would perform in the next bull mrkt?

So far there are no tokens from the AI ​​category that makes me curious, talking about tokens in the AI ​​category, isn't the trend and hype of these type of tokens over? So what's the point in being too hasty at this moment?

Then about Solidus Ai Tech (AITECH), since its launch the price of this token has been steadily decreasing, I don't see any future here, normally when a token gets hype and opens trading for the first time, the price will definitely skyrocket at least 3 or 4 times , but I don't see that in $AITECH.

R


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