[Tyler]

MIT computer scientists can predict the price of Bitcoin
21 October 2014, 12:00 am

Scientists have crunched data to predict crime, hospital visits, and government uprisings -- so why not the price of Bitcoin? A researcher at MIT's Computer Science and Artificial Intelligence Laboratory and the Laboratory for Information and Decision Systems recently developed a machine-learning algorithm that can predict the price of the infamously volatile cryptocurrency Bitcoin, allowing his team to nearly double its investment over a period of 50 days. MIT NewsLink.

Source: AI in the News

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