Youtube just showed me an advertisement of NeuroBot (http://neurobot.ws) that the creators claim can accurately predict the development of crypto prices by 70-9X%. Also for some reason they also make an ICO, whatever that is for in this context.
I will probably have a closer look at it, but here are my first thoughts on this: As soon as we get bots involved on a massive scale, we should prepare for them to cause chaos through feedback loops in either direction. Also, we are getting completely decoupled from all substance, like the potential of the technology, because the bot is not going to read whitepapers, source code or related news.
So, I don't like the idea at all, but I am probably underestimating the "Gier fressen Hirn auf"-Factor again and we will have many people using these.
Maybe I can get through to some appealing to your paranoia: The more customers they get, the more effectively they can manipulate the market by just making their bot giving out some prediction. They'll say the price will rise and their customer/drones will buy; they'll say the price will crash and it will.
Please keep thinking!
This was also the thought that came to me when i saw the ad. Bots & gov need to stay out out of our currency.
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