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Bright Venus (OP)
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December 21, 2023, 05:04:54 PM
 #1

Let's discuss the potential impact of the boom of artificial intelligence (AI) on the cryptocurrency market.

How do you think AI could revolutionize the way we invest in cryptocurrencies?
Are there any risks or challenges associated with integrating AI into the cryptocurrency market?

Some potential implications of AI in the cryptocurrency market include:

Enhanced security and fraud detection: AI can help detect and prevent crimes and frauds in the cryptocurrency market, making it a safer place for investors;

Improved market analysis: AI can provide more sophisticated market analysis, helping investors make better investment decisions;

Tokenization of AI-based assets: As AI technology advances, we may see the emergence of tokens backed by AI, which could bring new investment opportunities;

Democratization of investments: AI and cryptocurrencies can democratize access to new types of investments, allowing more people to participate in the market.

Do you think we can have some brand new things with AI that will come out and overpass cryptocurrency? How can blockchain and AI be used together and create some new hype?
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 21, 2023, 11:58:07 PM
 #2



Tokenization of AI-based assets: As AI technology advances, we may see the emergence of tokens backed by AI, which could bring new investment opportunities;

Democratization of investments: AI and cryptocurrencies can democratize access to new types of investments, allowing more people to participate in the market.

Do you think we can have some brand new things with AI that will come out and overpass cryptocurrency? How can blockchain and AI be used together and create some new hype?

We already have a market for AI, AI is an emerging industry created for freelancers but now is adopted by many developers and found its way here into Cryptocurrency I don't know what you mean by passing Cryptocurrency, care to give us one scenario, you mean popularity? I don't think its popularity can overpass Cryptocurrency but rather it will sustain and support the popularity of Cryptocurrency.

https://cryptoslate.com/cryptos/ai/


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December 22, 2023, 05:24:36 AM
 #3

Almost everything that you listed already existed in one form or another. A trading bot is probably the most popular one. You can find less sophisticated ones that are free and adjustable. I'm referring to open-source bots like Zenbot and so on.

As for tokenization backed by AI, I can only imagine that it will be similar to existing tokenized assets. Hard to verify and likely volatile, with a price that is easy to manipulate especially if the AI-backed assets are just vaporware. Your democratization is also unnecessary since you don't need AI to make easy-to-access investments, just a little bit of goodwill will do.

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December 22, 2023, 12:09:41 PM
Last edit: December 27, 2023, 11:10:04 PM by Mr. Big
 #4



Tokenization of AI-based assets: As AI technology advances, we may see the emergence of tokens backed by AI, which could bring new investment opportunities;

Democratization of investments: AI and cryptocurrencies can democratize access to new types of investments, allowing more people to participate in the market.

Do you think we can have some brand new things with AI that will come out and overpass cryptocurrency? How can blockchain and AI be used together and create some new hype?

We already have a market for AI, AI is an emerging industry created for freelancers but now is adopted by many developers and found its way here into Cryptocurrency I don't know what you mean by passing Cryptocurrency, care to give us one scenario, you mean popularity? I don't think its popularity can overpass Cryptocurrency but rather it will sustain and support the popularity of Cryptocurrency.

https://cryptoslate.com/cryptos/ai/

Thanks for sharing, thats really good to know. I'm learning a lot from the AI side so im trying to see different povs and how we can make AI and crypto work together to reach something new and powerful. But its really hard to have 'new' ideas about this market.



Almost everything that you listed already existed in one form or another. A trading bot is probably the most popular one. You can find less sophisticated ones that are free and adjustable. I'm referring to open-source bots like Zenbot and so on.

As for tokenization backed by AI, I can only imagine that it will be similar to existing tokenized assets. Hard to verify and likely volatile, with a price that is easy to manipulate especially if the AI-backed assets are just vaporware. Your democratization is also unnecessary since you don't need AI to make easy-to-access investments, just a little bit of goodwill will do.

Im not really thinking about only bots itself, but in a thing that does not exist, something that would bring a hype to the regular users to be introduced to the blockchain world, as they are hyped by the AI.
I feel that AI is taking place where people that do not have anything to do with technology, are being introduced to it by ai, and i see a huge market coming, just dont know how to create a business with it.
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December 23, 2023, 05:50:59 PM
 #5

A buddy of mine has been using an arbitrage algorithm w/ the help of AI and his coding experience that does all of the trading automatically and very quickly to generate small profits here and there. It works pretty good! I have seen it in action and its impressive. He did something similar to this where he did an instagram algo

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December 23, 2023, 10:18:25 PM
 #6

I have been using my own kind of AI algorithm to evaluate the cryptographic security of cryptographic algorithms for cryptocurrencies. Please do not hate me for saying this because the people on this site have been hating me relentlessly because I have an education.

-Joseph Van Name Ph.D.
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December 24, 2023, 09:28:35 AM
 #7

A buddy of mine has been using an arbitrage algorithm w/ the help of AI and his coding experience that does all of the trading automatically and very quickly to generate small profits here and there. It works pretty good! I have seen it in action and its impressive. He did something similar to this where he did an instagram algo
That sounds nice but I doubt how far it can go. When it comes to trading there is a group of users who are drooling over algorithms to automate their trading and hoping that such techniques can fetch them constant profits that overtime can accumulate to a big earning monthly. But this is rarely the case, the market runs on it own self, it does not depend on any prediction from our side nor its own charts. We can only make a 50-50 prediction and hence they lose more than they can make.

So for trading I would rather keep it safe with long term trading and not letting my money on a machine learning algorithm.

R


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December 25, 2023, 06:49:09 PM
 #8



Tokenization of AI-based assets: As AI technology advances, we may see the emergence of tokens backed by AI, which could bring new investment opportunities;

Democratization of investments: AI and cryptocurrencies can democratize access to new types of investments, allowing more people to participate in the market.

Do you think we can have some brand new things with AI that will come out and overpass cryptocurrency? How can blockchain and AI be used together and create some new hype?

We already have a market for AI, AI is an emerging industry created for freelancers but now is adopted by many developers and found its way here into Cryptocurrency I don't know what you mean by passing Cryptocurrency, care to give us one scenario, you mean popularity? I don't think its popularity can overpass Cryptocurrency but rather it will sustain and support the popularity of Cryptocurrency.

https://cryptoslate.com/cryptos/ai/

Well, many AI tokens are being launched in the market or you can say that the tokens are launched with AI labelling or marketing. Not necessarily all of them are real AI tokens, and many of them may just be created to en-cash the hype of the AI. Well, since not all projects are useless, some may be very good AI projects.

AI is the future and so is a cryptocurrency, therefore this will be the perfect combination of AI integrated with Crypto. This will not only revolutionize various industries but also streamlining processes in the cryptocurrency ecosystem.

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December 25, 2023, 08:45:31 PM
 #9

Let's discuss the potential impact of the boom of artificial intelligence (AI) on the cryptocurrency market.

How do you think AI could revolutionize the way we invest in cryptocurrencies?
Are there any risks or challenges associated with integrating AI into the cryptocurrency market?

Some potential implications of AI in the cryptocurrency market include:

Enhanced security and fraud detection: AI can help detect and prevent crimes and frauds in the cryptocurrency market, making it a safer place for investors;

Improved market analysis: AI can provide more sophisticated market analysis, helping investors make better investment decisions;

Tokenization of AI-based assets: As AI technology advances, we may see the emergence of tokens backed by AI, which could bring new investment opportunities;

Democratization of investments: AI and cryptocurrencies can democratize access to new types of investments, allowing more people to participate in the market.

Do you think we can have some brand new things with AI that will come out and overpass cryptocurrency? How can blockchain and AI be used together and create some new hype?


I think integrating ai into smart contracts and ecosystem contracts via ai can get tricky if used in the wrong hands.

We are in the midst of developing ai into play to earn games we will launch a Ann about it soon   
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December 26, 2023, 02:09:06 AM
 #10

I believe that the AI crypto trend is a marketing ploy, just as happens with any hot topic, as these cryptocurrencies exploit some words to facilitate advertising. All they need is attractive terms, an infusion of currency, and professional marketing, and you find everyone buying without even reading the white paper. Artificial intelligence, whether it is applications such as generation of text, image processing, video, etc. will be misused in cryptocurrencies.

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December 26, 2023, 12:03:56 PM
 #11

I believe that the AI crypto trend is a marketing ploy, just as happens with any hot topic, as these cryptocurrencies exploit some words to facilitate advertising. All they need is attractive terms, an infusion of currency, and professional marketing, and you find everyone buying without even reading the white paper. Artificial intelligence, whether it is applications such as generation of text, image processing, video, etc. will be misused in cryptocurrencies.

The chlurmcks and chlurmcklets who fall for this garbage seriously need to be locked up. I am pretty sure that yesterday Santa gave those chlurmcks coals. Or maybe Santa took a @#$% inside the stocking.

-Joseph Van Name Ph.D.
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December 26, 2023, 01:53:18 PM
 #12

I believe that the AI crypto trend is a marketing ploy, just as happens with any hot topic, as these cryptocurrencies exploit some words to facilitate advertising. All they need is attractive terms, an infusion of currency, and professional marketing, and you find everyone buying without even reading the white paper. Artificial intelligence, whether it is applications such as generation of text, image processing, video, etc. will be misused in cryptocurrencies.
It is the new buzzword, so anything that happens now is not an indicator of what this will do in the next 10years. It is possible that with AI many things might change but we should not forget that AI is only getting buzzed now, it was existing and running on different apps and services for a long time.

In crypto scammers are mostly using AI to forge images and writings that seem legitimate and appear nice looking in front of a gullible victim. It is sad that people always use advances in Science to their own greed but it is what we have to be careful about.

My opinion is to let the dust settle about this gold rush. Things will gain clarity further ahead.

R


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December 29, 2023, 02:31:42 PM
 #13

yeah, I am agreed with AI can provide more sophisticated market analysis, helping investors make better investment decisions.

But if all investors use AI, then the analysis and strategy will be out of work ^.^
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December 31, 2023, 08:04:41 PM
 #14

It is the new buzzword, so anything that happens now is not an indicator of what this will do in the next 10years. It is possible that with AI many things might change but we should not forget that AI is only getting buzzed now, it was existing and running on different apps and services for a long time.

AI will change the world and the mankind and you will find the world different from it is now. However, when it comes to the projects exclusively the crypto projects, many won't have nothing to do with AI but will be using the word "AI" to sell their products. The sad reality would be that the people buying the products/coins, won't actually know the true meaning of AI and these companies will sell them the Hype and not the product.

We have seem this happening with Defi, Meta Verse, Web 3 and now nothing different with the Artificial Intelligence. If only the retails became educated, these scammers wouldn't be enjoying free money  Huh

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January 01, 2024, 06:38:59 AM
 #15

Almost everything that you listed already existed in one form or another. A trading bot is probably the most popular one. You can find less sophisticated ones that are free and adjustable. I'm referring to open-source bots like Zenbot and so on.

As for tokenization backed by AI, I can only imagine that it will be similar to existing tokenized assets. Hard to verify and likely volatile, with a price that is easy to manipulate especially if the AI-backed assets are just vaporware. Your democratization is also unnecessary since you don't need AI to make easy-to-access investments, just a little bit of goodwill will do.
I'm more excited with the advancements in trading bots as AI gets more progressively smarter and more efficient and human with how they make trading decisions, you'll be stupid to not use them for your trading because even if there's a saturation of AI in trading, the market is still moving independently from those trading bots and no way it can be influenced by trading bots, maybe we will see more winners at trades and the quality of life improves because less time spent mulling over patterns when the AI does the trade for you.

Not a fan of tokenization, definitely a breeding ground for scammers trying to make a quick buck out of the AI trend, that's what I'm seeing in that tokenization potential of AI.

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January 02, 2024, 04:25:24 AM
 #16

I'm more excited with the advancements in trading bots as AI gets more progressively smarter and more efficient and human with how they make trading decisions, you'll be stupid to not use them for your trading because even if there's a saturation of AI in trading, the market is still moving independently from those trading bots and no way it can be influenced by trading bots, maybe we will see more winners at trades and the quality of life improves because less time spent mulling over patterns when the AI does the trade for you.
Oh, for sure. If a project can use AI effectively and allows the users to use complex strategy that gives them better results then by all means feel free to use it. It's just that AI trading bots sometimes get overhyped. Some projects that I know of don't really offer new things, and basically use the old algorithm/machine, whatever you can call it, and the owner calls it "advanced AI". Not sure how it will affect the market if everyone uses it though, maybe it will become a battle of latency to execute the algorithm in the end? I can imagine the use of these bots influences the market to some extent (not as big as VC dumping their tokens or something similar). For example, choosing one pair due to its volatile nature for arbitrage, but because most people use the same strategy it started to become liquid and reduce the potential profits, etc. CMIIW.

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January 02, 2024, 12:35:33 PM
 #17

It is the new buzzword, so anything that happens now is not an indicator of what this will do in the next 10years. It is possible that with AI many things might change but we should not forget that AI is only getting buzzed now, it was existing and running on different apps and services for a long time.

AI will change the world and the mankind and you will find the world different from it is now. However, when it comes to the projects exclusively the crypto projects, many won't have nothing to do with AI but will be using the word "AI" to sell their products. The sad reality would be that the people buying the products/coins, won't actually know the true meaning of AI and these companies will sell them the Hype and not the product.

We have seem this happening with Defi, Meta Verse, Web 3 and now nothing different with the Artificial Intelligence. If only the retails became educated, these scammers wouldn't be enjoying free money  Huh

thats the point, im looking for this new hype that is and will keep being sold for regular users, people that do not understand crypto market or AI word very well. I see that many people that is not so into technology, being catched by those 'AI sellers', as you mentioned.
So, im trying to find where can we fit crypto and AI to make this hype happen, and introduce newbies to the crypto world with the use of AI.
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January 02, 2024, 12:42:07 PM
 #18

I believe that the AI crypto trend is a marketing ploy, just as happens with any hot topic, as these cryptocurrencies exploit some words to facilitate advertising. All they need is attractive terms, an infusion of currency, and professional marketing, and you find everyone buying without even reading the white paper. Artificial intelligence, whether it is applications such as generation of text, image processing, video, etc. will be misused in cryptocurrencies.

my goal is to find the way to introduce crypto to AI users. But that non-regular users, people that are not into technology and has just discovered AI. Like insert a new coin inside  an AI ecosystem, that generates text, image, video, presentations etc... then create a way to give some of that coins in a really tiny amount, by those AI apps, and see what happens next.
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January 03, 2024, 08:37:21 AM
 #19

my goal is to find the way to introduce crypto to AI users

AI (above average IQ) users would not be interested in a pump and dump scam such as crypto.

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January 03, 2024, 02:07:11 PM
 #20

my goal is to find the way to introduce crypto to AI users

AI (above average IQ) users would not be interested in a pump and dump scam such as crypto.

thats right, but what if we can make crypto simple and easy to use and entertaining as this ai hype?
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