Bitcoin Forum
June 16, 2024, 04:17:12 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Can this work?  (Read 758 times)
Remember remember the 5th of November (OP)
Legendary
*
Offline Offline

Activity: 1862
Merit: 1011

Reverse engineer from time to time


View Profile
October 24, 2014, 04:05:19 AM
 #1

https://newsoffice.mit.edu/2014/mit-computer-scientists-can-predict-price-bitcoin

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
Dark_Vader
Member
**
Offline Offline

Activity: 83
Merit: 10

★Bitin.io★ - Instant Exchange


View Profile
October 24, 2014, 03:45:08 PM
 #2

Maybe yes,maybe no or they got pretty lucky.  Wink

FeedTheDolphins
Member
**
Offline Offline

Activity: 60
Merit: 10


View Profile
October 24, 2014, 03:58:31 PM
 #3

Saying that you can predict the price of Bitcoin is a pretty bold move
nikkoy
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile WWW
October 24, 2014, 04:23:00 PM
 #4

i think their strategy wont last. It is really hard to predict changes in value of BTC, it would take expertise on trading and focused mind... and if you would read the comments on the Link, you would understand more that it wont last.
iglasses
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile
October 24, 2014, 04:29:04 PM
 #5

This is not predicting the price.  It is essentially a trading bot that has a very good algo and access to a very large sample of data.

I only have a signature because I'm allowed.
schutzhund
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
October 24, 2014, 04:32:50 PM
Last edit: October 24, 2014, 05:08:03 PM by schutzhund
 #6

It's simply supply and demand his algorithm may come near it but i don't think it can last forever seeing the bitcoin market.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!