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by elorm 3291 days ago
This incredibly useful. However i'm just a little skeptical about the impact on price and whether it can successfully push either negative or positive signals.

Great Job overall. I already posted the link in a few crypto telegram channels

1 comments

Yes, I agree, the impact by single news post to price is close to zero. However each news post gives positive or negative signal to whole blockchain industry or particular coin. So maybe I should rename it to just Positive / Negative signal. Instead of mentioning word "Price". What do you think? Maybe better suggestions? Thanks a lot for spreading the word!
Yeah, i think renaming it to Positive/Negative Signal should reduce some pressure. For you to optimally determine how the news really impacts on the price, you'd have to monitor several channels/chatgroups/reddit forums and feeds of several cryptogroups to see whether they are affected. Too much work, and i doubt even machine learning will be helpful in this scenario. Your current approach is fine. Keep up!!