21 Oct 2017

Bitcoin surpasses 6.000$ but it remains a buy for the Robot

RoboAdvisorCoin does not consider the growth cycle of the crypto as over

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RoboAdvisorCoin, which has just launched its ICO, continues to suggest to stay long on Bitcoin again today after the most exchanged crypto in the world has surpassed the 6.000$ threshold, signaling a new price record. According to the Robot, in fact, its probability of growth in the next four weeks remains elevated and confirms Bitcoin’s target in thirty days of 6.900/7.000$.  But Ethereum also remains under the Robot’s radar, the second crypto for market capitalization, confirming the bullish setting of the entire crypto currencies sector.
Bitcoin (BTC.CRY) has grown by 66,85% in the past month, respecting the growth indications of our Robot that has been long on tis crypto for various weeks.
According to RoboAdvisorCoin, however, Bitcoin;s probability of growth remains interesting and equal to 56,04% (a slight decrease with regards to the previous 57,3%) of gaining again in double digits in the short term. The eventual confirmation of the growth movement of the world’s most exchanged crypto would translate in an increasing attention towards the crypto asset class by the international investors and for this reason represents a statistic that that goes beyond the dynamics of just the Bitcoin.
According to the Robot, Ethereum (ETH.CRY), the second principal crypto for market cap, remains intoned towards growth, despite the non optimal performances in the past sessions: -11,64% and +19,02%, respectively, in the past week and the past month. Its probability of upside in the shot term is now equal to 54,52% (in line with the previous 54,48%) but RoboAdvisorCoin assigns it an unexpected potential return in a month that is better than that of the Bitcoin and equal to 22,45%.
This is today’s analysis of the first RoboNews dedicated to the crypto currencies and tokens. SelfieWealth’s artificial intelligence now offers its daily predictions on the price perspectives of around 860 crypto currencies and tokens by assigning to each of them a specific expected percentage movement. It is the first Robo-Advisor service in the world that is linked to crypto-assets and has been launched because SelfieWealth retains that this is the best moment to apply the predictive algorithms of its technology to the crypto currencies. To understand better, to have improved info to utilize to decide what to do and to offer predictions and research in the short term that are useful to those interested in trading.
RoboAdvisorCoin (RAC), the first Robo-Advisor exclusively dedicated to the world of cryptocurrencies and digital assets has officially opened its Initial Coin Offering (ICO): www.roboadvisorcoin.com  
RAC aims at empowering users with accurate real-time forecasts and statistical analyses related to the fast-evolving market of cryptocurrencies and digital assets.
 The main platform has been extensively tested over the last four years by providing forecasts and performance analytics for traditional securities including equities, bonds, ETFs, and mutual funds. Since last August, the artificial intelligence architecture on which RoboAdvisorCoin is based has produced daily reports and forecasts for more than 1,200 cryptos and tokens, generating a fully automated original source of specialized information. The service provided can be thought of as a hybrid between platforms such as Spotify and Bloomberg in that: 
·       It offers its users the ability  to select and track a personal “playlist” of preferred cryptocurrencies and digital assets, also equipping them with a full set of on-demand analytics and forecasting tools; 
·       It represents a digital platform which fully exploits the timeliness and accuracy of complex machine learning algorithms in the context of big data analytics to provide reliable, personalized predictions and performance measures on cryptocurrencies and digital assets.
RoboAdvisorCoin will provide transparent and verifiable Robo-based forecasts which will then be stored onto the Blockchain. The underlying idea is to provide a shared, immutable, and transparent database concerning all forecasts and analyses generated by our Robo-Advisor. The platform embraces the challenge of decentralizing forecasts through the Blockchain, which means that every user will be able to access the platform and produce personalized reports containing accurate information on their personal “playlist” of cryptocurrencies and Tokens.
 The ability to provide on-demand forecasts is an innovative tool specifically designed for Miners, with the primary intent of delivering analytics designed to help optimize production functions and profitability. 
 The logic behind this service is that Miners will be able to process on-demand user-specific cryptocurrency predictions (from within the current cryptocurrency universe) coupled with the knowledge provided by the platform with their proprietary information on the available production technology in order to choose the crypto-currency which is the most profitable to mine at any given time. In the absence of a term structure of futures contracts, such on-demand service provided by the platform will certainly prove to be crucial information for Miners and market operators.