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RE: People Powered Investment - First look at Pynk.io Price Prediction Tool (Beta)

in #steemhunt6 years ago

I like the idea of collaboration and working together so that everyone profits. One thing I worry about is group think and self-fulfilling prophecies, people just jumping on the bandwagon and swaying momentum based on rumors rather than fundamentals.
Overall this looks like a great idea though

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Hi @jasonshick - great comment. As you may have seen from our site at https://pynk.io we use Wisdom of Crowds methodology (WoC). For this to work we need predictions made on an independent basis, otherwise the data suffers from heard mentality and skews the results. If haven't heard of WoC before - see my answer on Quora here: https://www.quora.com/What-is-the-wisdom-of-the-crowd. We're using WoC + our machine learning to drive market beating returns for our crowd. Hope you get involved with Pynk cheers M