FIRST AIRED: July 17, 2019

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00:00:00
throughout because first decade is always the one of the most volatile assets that presents a big headache for invested is very difficult to see which way price is going to move at the same time it presents an opportunity as many investors trade off that volatility so in speaking to %HESITATION larger investors that means hedge funds and asset manages we kept on hearing that a number of these from the star city's algorithms to scrape social media to try to search for signals to weigh crypto currency price is going to move that essentially means that programming machines to do work for them they take data sets and try to run it through the models to predict where the price is going to go , social media is incredibly noisy there at the huge amounts of different channels of social media and also a multitude of languages in which people make comments about the pricing because I know of the crypto currencies not means is very difficult to program an algorithm which is powerful enough to cut through the noise and really be able to pinpoint the most accurate comments the most accurate posts and understand the direction in which crypto currencies might move another big problem on social media is the reliability of information Los hedge funds I spoke to said that they've been concerned over the extent to which they could that she trusts comments on Twitter weather tends to be less biased information or lots of %HESITATION information designed to move prices of crypto currencies very difficult algorithms touching cop through that and work out what information can be trusted the most common