RE: Web bot predicts Bitcoin to reach $1000 in August.

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Web bot predicts Bitcoin to reach $1000 in August.

in bitcoin •  8 years ago 

So you don't see any value in collecting all these news stories and analyzing them for keywords and comparing that to old data?

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Sure, there's certainly value in analyzing web data of news stories, in fact there are already lots of companies that do this type of thing, my main issue is how Cliff High is loosely interpreting this data to fit what seems to be his own gloom and doom narrative. I have not seen any of his research on how he goes about interpreting the data to get what is written in his reports, nor have we seen anyone peer review his code to determine the scientific merits of it. I'm very skeptical of his methods and would not be surprised if he is just re-writing what he reads in the various doom and gloom articles/forums on the Internet.