Show HN: A.I Bitcoin price predictions in your wallet(getportal.co)
getportal.co
Show HN: A.I Bitcoin price predictions in your wallet
https://getportal.co/earlyaccess
41 comments
If the AI price predictions were any good then the creator would trade using them and sell them to others.
Yes, that would be the logical conclusion of all these types of products.
However, but if more people use this then the prediction will become more likely to be true. E.g. predict price goes up -> users starts buying -> price does go up.
Would require a lot of users to affect price this way though I suppose...
However, but if more people use this then the prediction will become more likely to be true. E.g. predict price goes up -> users starts buying -> price does go up.
Would require a lot of users to affect price this way though I suppose...
It looks like after-the-fact trend change detection and then the AI just predicts a target price. Not completely useless, but trading requires a bit more modeling and also a lot of devops to ensure you don't get stuck in a trade if the computer crashes.
Their ability to benefit from the predictions is limited by the amount of capital at their disposal
If the predictions were any good, it shouldn't be hard to find people willing to invest capital.
That's the classic dilemma, no?
This looks fantastic.
But I can't in good conscience recommend anyone trust their Bitcoins to any wallet product that's not completely open source.
Hopefully it'll be open sourced sooner rather than later.
If your proprietary AI models run locally, I'd recommend separating them out into a separate process which paranoid users [1] can run as a network service on another machine.
A bit of business model advice: Don't give away the AI models as a binary blob. Instead, host the AI models on your own server. Make them your proprietary "secret sauce" your users pay a monthly fee for. The models are harder to reverse engineer if they're remote API's. Plus you get recurring revenue and can potentially do analytics.
[1] IMHO, everyone should be paranoid about security when it comes to high-value Bitcoin private keys.
But I can't in good conscience recommend anyone trust their Bitcoins to any wallet product that's not completely open source.
Hopefully it'll be open sourced sooner rather than later.
If your proprietary AI models run locally, I'd recommend separating them out into a separate process which paranoid users [1] can run as a network service on another machine.
A bit of business model advice: Don't give away the AI models as a binary blob. Instead, host the AI models on your own server. Make them your proprietary "secret sauce" your users pay a monthly fee for. The models are harder to reverse engineer if they're remote API's. Plus you get recurring revenue and can potentially do analytics.
[1] IMHO, everyone should be paranoid about security when it comes to high-value Bitcoin private keys.
Can't see any company information, or location of domicile anywhere. It's a financial product and some admission of propriety is required
Furthermore is this a rebrand of a product? https://www.cryptonaut.org/
Furthermore is this a rebrand of a product? https://www.cryptonaut.org/
Cool looking tools!
A few questions:
When will the atomic swaps be operational?
What will a swap cost?
What's your business model? Will you charge institutional customers?
Swaps are already operational in testnet and we demo'd them at various public presentations. Its currently in beta testing and will be launching in a few weeks into the app. Re: business model, product is free to use but there is a maker/taker commission in swaps. In addition, some users can run the node for swaps, that generates passive income without any hardware investments.
Re: Running swap nodes: sign me up. I have spare capacity.
Awesome, please visit https://getportal.co and join waitlist
I really like the interface, but think the atomic swaps are the real key here. Is there any market maker / counterparty finding application for atomic swaps?
Agreed.real value is Layer 2 swaps that are faster than coinbase without custody
Sounds promising, looking forward to the wp!
great looking product!