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04-01 04:53 - 'Ummm.... Bitcoin trading price levels are fully predictable by AI?' (self.Bitcoin) by /u/power_v removed from /r/Bitcoin within 96-106min
''' I'm a long-time supporter of ALGO V9 for their day-trading data / price-levels for stocks, but I think this level of accuracy/predictability from their AI for Bitcoin now too is absolutely wild... Bitcoin chart they had for 3/31 (UTC date just rolled a few hours ago): [link]1 Bitcoin chart they generated for 4/1: [link]2 The date rolled, and *literally* sold off right into one of their price levels, over $150 away... Anybody else know of other services that provide this kind of data (either for stocks or crypto), short of going directly to a hedge fund/bitcoin market maker? ''' Ummm.... Bitcoin trading price levels are fully predictable by AI? Go1dfish undelete link unreddit undelete link Author: power_v 1: pre*iew.**d*.it/hyyjj*vfh4q*1.p*g?w*dth=80*&*format**n*&au**=w*bp&s=d*78*****2*6d3**fe8*51c6881**2076*9*c4cb 2: *review.re*d.it/1****xuhh*q41.*ng?wi*t*=800&*mp*format=**g&au*o***bp&*mp;s**8*6**cbc637*2e*97463d**f68a*30042*b193b Unknown links are censored to prevent spreading illicit content.
I want /bitcoin's opinion of a bitcoin trading tool I developed. I have dumped hundreds of hours into a program that does Bitcoin backtesting with various bar lengths (min, hours, double hour, etc) with live and historical data. Profitable algorithms have been tested based on industry standard trading indicators like:
Commodity Channel Index (CCI)
Money Flow Index (MFI)
Detrended Price Oscillator (DPO)
After the backtests proved comfortable returns, I hooked up email/SMS alerts to notify me when to make trades. The last few months have been very financially reward, but that isn't why I wrote this. I wrote this, because Bitcoins are awesome, I love programming, and I love financial trading. In future versions, I plan on adding:
Hourly Price Text Messages
More Algorithms (of course)
Automatic trading on MTGox
Thorough documentation on how each indicatoalgorithm works
Open sourcing algorithms to allow user contribution
Now, I am seriously considering turning this into a website for anyone to use, but I don't want to waste my time building out an awesome website if no one would be interested in using it. So, tell me /bitcoin, would you use such a website? If not, why?
Should I buy some crypto now like Ethereum and bitcoin? My thinking is once PayPal allows crypto trading on a large scale it will create a surge in the demand for cryptocurrency and thus the price will go up.
Do bitcoin investors use EMH to guage bitcoin value or do they use trading algorithms that tie bitcoin's price to the stock market?
https://en.wikipedia.org/wiki/Efficient-market_hypothesis I have a hard time wrapping my head around this with bitcoin and I know that price ultimately boils down to supply vs demand. How do ordinary redditors/investors explain the dip earlier this year when it went below $5k using EMH?
Question, is buying bitcoin cash when the price gone down and trading it for bitcoin or usd when the value goes up a good idea? i already brought bitcoin cash for trading
does it work like the stock market, when buying anything you obviously have to buy when the value is down but do i have to wait for the value to go up on bitcoin cash, and bitcoin to trade the bch to bitcoin, i already brought 45 usd worth of bitcoin, what is the best thing to do with it? Edit i mean't that i brought 45 usd worth of bitcoin cash
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