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Comment by jgrahamc | Hacker News Reader

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...

Not to be narcissistic, but I can guarantee no whales are coming on anytime soon. Unless you control the keys and it supports cold storage, don't think it'll take off.

it is totally non custodial. target audience is prosumer, not a whale

thats true. at some scale it could become self fulfilling prophecy and at even larger scale, it can be used as a signal for market movement.

This.

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.

not everyone wants to be a hedge fund :)

Perhaps, but the marketing copy on the site specifically targets hedge funds.

"Are you a crypto hedge fund?"

sonic the hedge fund

Put it this way: if it worked it's an arbitrary money making machine. Would you give that away?

That's the classic dilemma, no?

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