What Are the Benefits of Artificial Intelligence (AI) in Crypto?

Suba · Jul 4, 2023

Artificial Intelligence is a part of computer science that is programmed to do what humans do, such as speech recognition, visual perception, decision making, and language translation. Although currently AI is not perfect so humans need to evaluate the results of AI.

Crypto traders and investors can also take advantage of Artificial Intelligence (AI) for fraud detection, price prediction, blockchain analysis, trade optimization, security enhancements etc.

riberet19 · Jul 4, 2023

Yes, AI brings many opportunities, you can use it as it says to detect possible fraud, obtain information about projects, also analyze the market or a specific cryptocurrency and much more, over time it will become increasingly useful to analyze and obtain information and for things that we may not even know yet.

Golden9 · Jul 5, 2023

The use of artificial intelligence in cryptocurrency is not so widespread especially amongst smaller traders. Most times, you need to put in a lot of work using artificial intelligence to get the right information

Suba · Jul 5, 2023

Golden9 said:
The use of artificial intelligence in cryptocurrency is not so widespread especially amongst smaller traders. Most times, you need to put in a lot of work using artificial intelligence to get the right information

Apart from the benefits of artificial intelligence that I mentioned above, currently AI is still in its early development stage, although there are also several AI-related crypto projects using decentralized solutions to address data accessibility issues.

IB D · Jul 5, 2023

AI can help users of crypto to reasonably predict values of cryptocurrency based on data on current realities available to the AI and backed up with powerful algorithms. That would help crypto users in making decisions.

Starmix · Jul 6, 2023

Our technology is changing, it keeps on going onward. It's never on our minds to hear about Artificial intelligence. It's intriguing the world of business. Many feel afraid, but others take total advantage of AI.

Suba · Jul 6, 2023

Starmix said:
Our technology is changing, it keeps on going onward. It's never on our mind to hear about the Artificial intelligence. It's not intriguing the world of business. Many feel afraid and take the total advantage of AI.

I often use AI for personal consults, or predicting crypto prices. Even though we are a little out of the context of the discussion, we can also use AI in business, such as answering consumer complaints automatically, or looking for ways to improve customer service according to your business. or you can also look for ways to improve the quality of production.

Smalto · Jul 7, 2023

Suba said:
Artificial Intelligence is a part of computer science that is programmed to do what humans do, such as speech recognition, visual perception, decision making, and language translation. Although currently AI is not perfect so humans need to evaluate the results of AI.

Crypto traders and investors can also take advantage of Artificial Intelligence (AI) for fraud detection, price prediction, blockchain analysis, trade optimization, security enhancements etc.

I strongly believe that AI has not come to pose as a threat to humans, rather I see it as an assistant, leveraging on it's super ability to get what we want within a split seconds without any hassles.

Suba · Jul 7, 2023

Smalto said:
I strongly believe that AI has not come to pose as a threat to humans, rather I see it as an assistant, leveraging on it's super ability to get what we want within a split seconds without any hassles.

That's right, I consider Artificial Intelligence only as a personal secretary who helps provide crypto data, and the decision remains with humans, after careful consideration.

Bisolami · Jul 9, 2023

riberet19 said:
Yes, AI brings many opportunities, you can use it as it says to detect possible fraud, obtain information about projects, also analyze the market or a specific cryptocurrency and much more, over time it will become increasingly useful to analyze and obtain information and for things that we may not even know yet.

And I heard that some people trade cryptocurrency with the help of robots so can we say that it is also with the help of artificial intelligence is artificial intelligence is just like the robot too

Hate2Wait · Jul 12, 2023

I am not sure how we can take the help of Artificial intelligence in getting to know about the crypto price predictions and which AI are you talking about because chatgpt is not working

Magnus2022 · Jul 12, 2023

Artificial intelligence is becoming widespread in cryptocurrency but I doubt if the prediction can be 100% reliable. Like all robots, there is always imperfections. Artificial intelligence can only act as a supplement.

Starmix · Jul 12, 2023

I think AI cannot give accurate prediction of the crypto thing a even in the Forex trading. It's programmed for language pertinent to businesses. I have some doubts. But you just try it.

Bisolami · Jul 13, 2023

Magnus2022 said:
Artificial intelligence is becoming widespread in cryptocurrency but I doubt if the prediction can be 100% reliable. Like all robots, there is always imperfections. Artificial intelligence can only act as a supplement.

The prediction can never be reliable no matter how I try to predict it but I think human prediction can still be reliable because we are logical and we can think since we are not robot

What Are the Benefits of Artificial Intelligence (AI) in Crypto?

Suba

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riberet19

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Golden9

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Suba

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IB D

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Starmix

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Suba

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Smalto

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Suba

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Bisolami

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Hate2Wait

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Magnus2022

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Starmix

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Bisolami

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