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RE: Why do I making forecast in Cindicator?

in #cindicator6 years ago

Great article. Very informative.
Thank you.
To my understanding the power of this system is more in the aspect of the "Payed program" (in which you need to hold certain amount of CND in order to get the signals from the system).
I believe that the Cindicator predictive models will be vary powerful, because they use machine learning algorithms.
The only problem I have with the cindicator concept, is that they combine the machine learning with human predication. I think that most of the people today do not really know to "predict" well , they are just guessing.
Cindicator tries to answer this issue by adding expert professional traders to their pool of "human predictors", this should help. But if the majority of "human predication" are based on guess of the regular "Joe", and people that got into Crypto market two months ago( they do not know much about trading market), then I do not know If I can trust the system's predication.
Maybe they can add some indication to each predication, regarding the percentage of expert vs regular "human predictors" that effected each single.

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This is some interesting concept but I think it would violates the purpose of collecting crowd wisdom by trying to separate elite predictor and ordinary*people.

When the predicting population is large enough, bias of regular Joes on both ends of the extreme cancel out each other. And don't forget, there are many regular Joes on the cryptos market as well, so their aggregate sentiments reflect the market sentiment to some extent too.