Amid the volatility in the digital currency market, investors have been looking for a way to accurately predict the direction of Bitcoin. Nowadays, an emerging approach is quietly emerging - combining artificial intelligence technology and large-scale user participation to achieve highly accurate Bitcoin price predictions through collective intelligence. It is said that a study showed that when 10,000 users and AI participated in predicting the trend of Bitcoin, the accuracy rate was as high as 87%. How does this mysterious power work? Let’s unveil the mystery of this digital currency world together.

From a technical perspective, the application of AI technology in the financial field is no longer new. Major investment institutions have adopted artificial intelligence algorithms to analyze market data and formulate trading strategies in order to stand out in the fierce market competition. And when AI is combined with a large-scale user group, the synergy produced is even more amazing. In the Bitcoin market, the power of this combination is taken to the extreme, forming an unprecedented prediction model.

First of all, AI, as the core engine of prediction, can quickly and accurately capture subtle market fluctuations through deep learning and pattern recognition of massive historical transaction data. By continuously optimizing algorithms and models, AI can navigate the ever-changing market and provide users with high-quality forecast information. At the same time, the participation of 10,000 users injected a human element into the prediction model. Each user has unique investment experience and market insights, and their collective wisdom forms a huge information network that can promptly discover abnormal market changes and potential opportunities.

In actual operation, users can participate in Bitcoin price predictions through specially designed applications or platforms. They can share their opinions, analyze market dynamics, and even communicate and discuss. The data generated by these users will be monitored and analyzed in real time by the AI system to continuously improve the prediction model. Through the two-way interaction between users and AI, the prediction system can continuously evolve to improve accuracy and stability.

It is worth mentioning that this collective intelligence prediction model also has strong anti-interference ability. Even when market turbulence or emergencies occur, the joint action of users and AI systems can adjust the forecast model in a timely manner to maintain the stability and accuracy of the forecast. This decentralized forecasting method not only reduces the risks caused by a single factor, but also better adapts to market changes and provides investors with a more reliable reference.

However, although this collective intelligence prediction model has improved the accuracy of Bitcoin price predictions to a certain extent, it is not absolutely perfect. The complexity and uncertainty of the market itself makes any prediction have certain blind spots and errors. Therefore, investors still need to be cautious when referring to forecast results and make decisions based on their own risk preferences and investment strategies. At the same time, regulatory authorities also need to strengthen the supervision and management of this new forecast model to ensure the stability and fairness of the market order.

To sum up, behind the mysterious power of 10,000 users and AI to predict the trend of Bitcoin is the combination of human wisdom and technological innovation. Through the power of collective intelligence, we may be able to more accurately understand the future trends of the digital currency market, thereby providing investors with more reliable reference and decision-making support. However, prediction is only part of market investment. Investors still need to maintain rational thinking and risk awareness in order to move forward steadily in the magnificent world of digital currency. I hope that in this wave of digital revolution, we can seize opportunities, meet challenges, and jointly create a better future.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Pynk from the UK seems to be a very attractive product: the core team behind this people-centered investment platform are all talented people from digital startups; it has obtained Canadian venture capital Loyal
VC investment; it is also relatively complete in terms of compliance; it also comes from two top digital accelerators.

The background of the platform coupled with the salesmanship of its co-founder Rupert Barksfield certainly gives Malta AI
& Blockchain Summit judges were impressed. Pynk won first place in last Thursday's entrepreneurship competition, and Barksfield later gave an interview to introduce the platform's operating model.

"Pynk is the only investment vehicle in the world where you can invest your time and money. Many people around the world are not allowed to use investment products, probably because they are poor."

Essentially, Barksfield said, Pynk harnesses the power of 10,000 people, each with their own predictions for the market, and a proprietary artificial intelligence (AI) called Rose that can make your investments profitable.

Through the platform, people can enter their predictions on where the Bitcoin market will go the next day—whether the price will rise or fall. He explained that AI algorithms take in this data and tell the team how they should trade using these predictions.

“People who invest in the platform can benefit from this, and the profits are shared with everyone.”

Rose evaluates the predictions based on the respondent's prediction history (how many times they guessed correctly) and "a variety of geopolitical factors," which Barksfield said depend on the respondent's location.

Location and historical accuracy are the only factors the AI needs to consider. But he said the findings were "very accurate." He said that so far, their "accuracy in predicting market trends is about 87%, with specific deviations ranging from 3% to 9%."

Currently, the platform only focuses on Bitcoin. However, starting next week, the coins it covers will continue to expand. The team is adding the Nasdaq Composite and gold prices. And, at the end of the year, they are planning a forecast for the housing market. By 2020, early-stage blockchain companies will be on the agenda.

"That's something we're very excited about, so we're like an early stage VC. We'll do the necessary due diligence on the project."

In other words, Pynk will use the power of the crowd to judge whether certain blockchain projects are actually useful.

Pynk has only been operational since May 2018, but has made great progress in that time.

Barksfield said:

“One of our biggest challenges is regulation because we want to be compliant from day one.”

He said they have now solved the challenge, but couldn't reveal how they did it without compromising Pynk's competitive advantage:

“We’re working with some really great companies in the UK who provide us with the regulatory compliance services we need.”

The company was incubated by the Founder Institute, the world's largest entrepreneur training and startup launch program. In addition, it is also owned by two large British banks, National Westminster Bank (National Westminster Bank).
Westminster Bank) and the Royal Bank of Scotland (Royal Bank of Scotland) - Fintech accelerator program.

Michael Kosic, partner at Loyal VC, said:

“Pynk has the potential to build a market-leading fintech business, joining the likes of Revolut and Transferwise (both of which offer digital banking services).”