We love predictions. No matter how many times we are told that it may or may not come true, we persist in our quest to find the future outcome, today!
There's no death of people predicting future prices of Bitcoin. In some cases they may come true in most others it may not. Now Bitcoin Forecast is an online platform that hopes to do the same using market data and an AI algorithm to predict trends on many trading platforms across the globe.
The site has quite a couple of interesting features. It shows the short term, current and long term forecast for the price of Bitcoin. It also has dedicated websites for Altcoins and Litecoin.
Their dedicated website to track Altcoins can be accessed here. Today, I've decided to check out STEEM and sadly the forecast isn't all that great. I'm hope it won't be the case for too long. We'll need to save a screenshot of the current forecast and visit a few months down to see if it really held up.
You can find the STEEM cryptocurrency price forecast here. Although keep in mind that some of the Altcoin forecasts can be accessed via a monthly subscription only.
The base pair against BTC (BTC is counter-currency in case of ETH/BTC) seems be to free generally while ETH/USD is premium.
You can check out the Litecoin price forecasting site here. It would be worth keeping in mind that past performance doesn't guarantee future returns-this is also stated on their website and a general rule followed by most in the world of trading.
For those of you want to take advantage of arbitrage then you can do it here. But keep in mind that this is a premium service on this website and they charge a monthly fee of $5 which is cheap.
Check out the website and feel free to leave any feedback in the comments below. I think this is quite interesting and I'm going to keep an eye on what this platform predicts as the year rolls on.
I'm adding the three links separately in case you missed it while reading the post.
Bitcoin Forecast | Altcoin Forecast | Litecoin Forecast
If you like my work kindly resteem it to your friends. You may also continue reading my recent posts which might interest you:
- Why You Should Vote For Firepower As Witness—Witness Campaign Post From India!
- Steem.Chat Contest #74
Interesting... I didn't know that website.
I will take a look at it.
... and this is my STEEM prediction:
Valuable post. Thanks for this post.
I'm glad you'r positive about bitcoin, I'm also sure about it. Today I reached the reputation 70 and I want to let you know about that. Thanks for creating steem.chat and for being so valuable witness, still voting for you for all this time. ☺
Question of the accuracy of such AI based crypto prediction can ve assessed by historic data analysis.
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