MIT scientists develop algorithm that can predict the price of Bitcoin; staff; In Bitcoin Examiner; 2014-10?
- MIT Computer Scientists Can Predict the Price of Bitcoin; Staff; In MIT News; 2014-10?
- Devavrat Shah, Kang Zhang; Bayesian regression and Bitcoin; In 2014 Allerton Conference on Communication, Control, and Computing; available at arXiv; 2014-10-06; landing
- <quote>Based on this price prediction method, we devise a simple strategy for trading Bitcoin. The strategy is able to nearly double the investment in less than 60 day period when run against real data trace.</quote>
- Devavrat Shah, Principal investigator
- Kang Zhang, graduate of MIT