/biz/ - Business & Finance

[Anonymous No.2578524]

http://www.coindesk.com/no-ico-hedge-fund-numerai-releases-blockchain-token-without-funding/

This has to be a good sign?... right /biz/?

[Anonymous No.2578561]

>ethereum-based token

[Anonymous No.2578597]

>backed by Renaissance Technologies co-founder
>outside the top 100 market caps

the above situation does not seem sustainable on any level. i would strongly implore people to research this coin. i'll certainly be buying the everliving fuck out of it.

[Anonymous No.2578608]

Where can i buy?

[Anonymous No.2578626]

where the fuck do you buy this thing? need to get btc transferred there asap

[Anonymous No.2578636]

its on bittrex

https://bittrex.com/Market/Index?MarketName=BTC-NMR

[Anonymous No.2578650]

>W-we're going to create an AI that can predict the stock market!

I seriously hope nobody fell for this shit. First of all, the money they claim to have paid these "anonymous scientists" wouldn't even cover the cost of the hardware required to run a fucking chess playing AI. Second, most of the big deep learning AI projects are already opensource and you don't need huge funding to play with them. Finally, THERE'S ALREADY BEEN MILLIONS OF ATTEMPTS TO TEACH THESE DEEP LEARNING AI TO PREDICT THE STOCK MARKET SHIT DOESN'T WORK ANY BETTER THAN YOUR AVERAGE GARBAGE DAY TRADER.

[Anonymous No.2578670]

>>2578650
Oh, and then there's also the fact where, ignoring reality and pretending that they actually succeeded, this in no way benefits the end user. Congrats, you paid to give someone else the ability to print money and forever destroy your ability to make money without wage cucking yourself to death.

[Anonymous No.2578675]

>>2578650
but dont algos control the market anyway?

[Anonymous No.2578755]

>>2578675
yea but this one is a fotm cashgrab
>muh smartcontract so hip xd