Bitcoin Forecast Performance Evaluation by I Know First – November 2019

November 3, 2019

Executive Summary

In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for Bitcoin currency pairs with time horizons ranging from 3 days to 3 months, which were delivered daily to our clients. Our analysis covers the time period from 1 January 2019 to 31 October 2019. Below, we present our key takeaways from applying our algorithm to determine the predicted direction in the given time horizon for Bitcoin currency pairs:

Bitcoin Currency Pairs Highlights:

  • The best returns were obtained in the 1-month and 3-months time horizons, providing an average return of 53.83% in the 3-months time horizon.
  • The best hit ratios were similarly obtained for the 1-month and 3-months time horizons, with the best hit ratio being 76% for the 3-months time horizon.

Read The Evaluation Report

Algorithmic Performance

Bitcoin Prediction: Fool’s Gold Or Future Of Currency?

August 11, 2019
I Know First Research Team LogoThis article was written by the I Know First Research Team.

Summary:

  • Bitcoin and other cryptocurrencies have triggered a public discussion on the future of currencies as such.
  • Some pundits are saying the cryptoverse is to take over fiat one day.
  • While this may not necessarily be the case in the future, Bitcoin is an asset that cannot be ignored by today's investors and traders.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Bitcoin Premium

Bitcoin Forecast: The Mystery, The Future, The Present

July 4, 2019

This Bitcoin forecast article was written by Ari Herzog, a Financial Analyst at I Know First

(Source: Pxhere.com)

Executive Summary

  • Bitcoin’s transactional verifiability, yet personal privacy, lead to its rise in popularity and is what separates itself typical fiat currencies
  • Bitcoin is reliant on the people using it to become more secure, thus providing an alternative to the need for a centralized authority
  • Bitcoin traders vary on style and exchange preference based on their level of experience and tolerance for risk
  • Bitcoin’s 77.68% rise in price over three months of Bitcoin forecast earlier this year was correctly predicted by I Know First’s predictive market algorithm in January

Read More

Algorithmic Performance Bitcoin

I Know First Evaluation Report For Bitcoin Forecasting Performance

June 26, 2019

Executive Summary

In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for Bitcoin currency pairs with time horizons ranging from 3 days to 3 months, which were delivered daily to our clients. Our analysis covers the time period from 1 January 2019 to 25 June 2019. Below, we present our key takeaways from applying our algorithm to determine the predicted direction in the given time horizon for Bitcoin currency pairs:

Bitcoin Currency Pairs Highlights:

  • The best returns were obtained in the 1-month and 3-months time horizons, providing an average return of 77.68% in the 3-months time horizon.
  • The best hit ratios were similarly obtained for the 1-month and 3-months time horizons, with the best hit ratio being 93% for the 3-months time horizon.

Read The Evaluation Report

Algorithmic Performance Bitcoin

Bitcoin Price Forecast: Waltzing With Volatility

June 12, 2019
I Know First Research Team LogoThis article was written by the I Know First Research Team.

Summary:

  • Bitcoin is beginning to show signs of waning momentum after strong surge.
  • Nevertheless, despite regainging some ground, current rally unlikely to push it back to late 2017 levels.
  • Despite high volatility and uncertainty, Bitcoin price forecast bullish, with growth expected over the 2019-2020 period.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Bitcoin Premium

Why Bitcoin Mining is not profitable anymore

December 13, 2018

This article was written by Mathieu Stalder, a Financial Analyst at I Know First.

“The four most dangerous words in investing are: This time it’s different”.
Sir John Templeton

Novogratz With A Stark Warning
What The World’s Central Banks Are Saying About Bitcoin
The Cost Of Bitcoin Mining

Read More

Premium

5 Most Lucrative Israeli Fintech Firms

July 12, 2018

 

 

This article was written by Kwon Sok Oh, a Financial Analyst at I Know First.

 

 

Summary

  • Structure of the Israeli Fintech Startup Environment

  • Strengths of the Israeli Fintech Startup Environment

  • Top 5 Israeli Fintech Startups

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here

Premium

AMD Stock Outlook: Why Bitmain’s ASIC Miner Are Not A Threat To AMD

March 29, 2018

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First. 

Summary:

  • Ignore the rumor that China-based Bitmain’s ASIC Ether miners will affect GPU sales of AMD and Nvidia.
  • Bitmain now controls 50% of Bitcoin hash rate. It operates the two largest mining pools for Bitcoin.
  • The developers and current miners of ASIC-resistant Ether and Monero blockchain certainly do not want Bitmain to again get 50% or more of their cryptocurrency’s hash rate.
  • The core developers of GPU-based cryptocurrencies will likely continuously update their blockchain algorithm to disable highly-efficient ASIC hardware miners.
  • Consequently, Ethereum and Monero miners will remain dependent on Radeon and GeForce video cards.

apple stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Premium
Pages:123»