STATUS: AI System Trading.
REVOLUTIONISING AUTO TRADING WITHAI
What is BitAI?
BitAI was conceived after a group of cryptocurrency traders, computer scientists and network marketeers came together to develop the first Artificial Intelligence Trading Machine. Unlike regular trading bots, the AI Machine learns trading patterns from human traders, can analyze several indicators and monitor market sentiment through analysis of news items and social media. BitAI Token Holders can tap into the power of automatic trading through Artificial Intelligence, thus creating a lucrative passive income for themselves.
BitAI is not owned by any single individual or company. Instead, it is a collective effort of its membership base to pool resources together and make use of the AI Trading Machine in order to maximize profits. Think of BitAI as a decentralized community free from government or corporate control and censorship and benefitting from the power of Artificial Intelligence. All BitAI Token holders are in effect part owners.
High returns based on intelligent decisions.
World Wide Network
Owned by all BitAI Token Holders
Generative Models (GM)
Using Generative Adversarial Networks (GANs)
Reinforcement Learning (RL)
Learning by trial-and-error.
Inspired by the way humans
learn new tasks.
Networks with memory
Combines neural networks and memory systems
WHY BITAI TOKEN.
BitAI is a utility token that enables frictionless transactions of assets on the BitAI exchange, whilst also acting as a medium of exchange and a store of value. You can use BitAI Token to:
AI Auto Trading Machine
Participate in the BitAI day trading liquidity pool and receive daily payouts to your BitAI wallet whenever there are profitable trades. Up to 1.53% per day payouts possible.
Smart Tech Interest
Hold BitAI in your BitAI wallet (Stake) and receive interest on your coin.
Participate in profit sharing of fees generated by payment gateways and cashiers.
Stake or Mine
BitAI holders are able to stake BitAI in special interest bearing wallets. As time goes by, the BitAI token earn interest depending on how many token you have saved. Token Holders will also be able to greatly benefit from the price rise of BitAI token and should they wish to do so, may sell their coin freely on the exchange.
Peer to Peer
BitAI holders may also choose to participate in the Peer to Peer Trading Liquidity Pool. This pool allows you to currently earn up to 1.53% per day by taking advantage of the AI Trading Machine. This is a great option for individuals who are interested in a passive income such as retiree’s, trusts, working families or even high worth individuals.
Auto Aggregator Trader
Backed by the exploding technology of Artificial Intelligence, BITAI offers an intelligent means of growing wealth. When you create a pool for the Trading Liquidity Pool, you are allowed to also aggregate your daily earnings and compound* it’s growth even with as little as $1.00. Now everyone can grow!
WHAT MAKES BITAI DIFFERENT?
The long answer to this question can be found in our comprehensive white paper which you can download from here. The short answer is that BitAI is the backbone of a multi disciplined Artificial Intelligence machine, which is capable of creating consistent profitable returns. BitAI also comes with a ready made ecosystem which helps develop the value of the BitAI Token.
The more people become part of the ecosystem and use the token, the more value it attains. The more the token is used, the more scarce it becomes thanks to the burning of the token being used. It’s basic Supply and Demand economics coupled with market recognition and usability.
BITAI TOKEN VALUATION
Returns on the BitAI token itself are hard to quantify. Buying the token should be seen as a mid to long term proposition as various dependencies exist and the point of entry of participants may also be a factor.
The value of BitAI may increase substantially if the coin has an ecosystem to go along with it. Such an ecosystem is already being created by the implementation and launch of the trading platform, the creation of a strong network marketing system and thus a strong user base, as well as wallets, online and offline payment gateways, and micro-remittance research and development for third world nations.
Since participants are also part owners of the enterprise, a voting system will be launched where everyone may share ideas for the growth of the business. Cryptocurrencies which follow similar systems of creating ecosystems have thrived and increased in value by thousands of percentage points over the years. We are confident we can achieve similar results.
GET THE WHITE PAPER
For more information, including technical details, download the White Paper, or get started now to secure your BitAi Tokens
Burning is a method of effectively destroying coins such that they can never be spent again. Burned tokens go to special addresses like 1BitaiNetworkDotComBurnAddrXXXSdVx52
The reason the coins sent to these addresses are now gone forever is that the burn addresses are demonstrably made up addresses, instead of being created together with the corresponding private key that would be required to spend the burnt coins.
26 characters of each burn address, BitaiNetworkDotComBurnAddr, are so perfectly ordered as to be obviously specifically chosen. (The remaining 6 characters, like the last 6 characters of any address, are automatically calculated and serve as a safety check feature.) This guarantees that there is no known matching private key for this address. In other words, the chance of anyone guessing the private key to spend the burnt coin at that address is the same as the chance of guessing any private key for any other bitcoin address: practically zero.
Burn addresses can be used for many different purposes including fair distribution of a new currency, premine destruction, and more.
No, and we do not intend to have an official telegram chat. Furthermore, no official person from BITAI will ever join any Telegram Group in an official position or spokesperson for BITAI. Here is why.
We do not have the time to go into chat groups, follow discussions and respond to endless loops of the same questions. All members have access to the frequent email updates which can also be found on the website. Our official support will answer more sensitive questions and the Help Desk answers frequent questions. Our time is better spent on development.
It opens pandora’s box to scams. Telegram groups and others like it are notorious to have impersonators and imposters pretending to be the admin of the platform. They contact group members, ask for sensitive data and voila – your investment is stolen. By officially not having a presence in any Telegram group or any other chat, it is harder for any scammer to impersonate us.
Every Telegram Group circulating is not an official channel and does not have anyone from BITAI admin or support. Now that you know that we are not in any Telegram Group and do not have an official telegram chat, you also know that if anyone implies they are admin BITAI admin or support, they are most likely out to get you.
First of all, the exchange needs to be live. It is not yet so you cannot move your token to it. However, as soon as the exchange is live you will be notified and instructions will be provided at the time.
Since the announcement about the internal exchange before the external exchange, we are having to rethink dates. Therefore a date still needs to be announced and we are working as quickly as possible. However, we cannot compromise quality nor security for speed so please be patient.
Unlike trading in Forex or other markets, Cryptocurrency trading consists of a highly volatile market with very large price swings. Swings of 20% or more are not uncommon. Our aim is to make a minimum win rate of around 10% per trade while using a maximum 10% of the trading budget available in the liquidity pool, for each trade. See a simplified example below.
Ex: Your Trade Liquidity Pool Budget (TLPB) is $10,000.
We use 10% of your TLPB = $1,000 per trade
We win 10% on a trade = $1,000 + 10% = $100 profit.
$100 profit is 1% of your $10,000 investment which is paid to you after trading fees and commissions are taken out.
The AI Machine will calculate this depending on the trade and it’s analysis. A minimum Reward to Risk Ratio of 3:1 is required for a trade to be opened. For example, if a trade has potential for 15% profit, the stop loss will be set at an average 5%. However, it is not set in stone, and various trading analysis techniques are performed by the AI Machine.
No. Trading is a risky business, but the reward far outweighs the risk if done properly. Our AI Trading Machine minimizes the risk by only opening high probability trades and setting tight stop losses. The Reward to Risk Ratio is minimum 3:1. This means that there is a 3 times higher chance of winning the trade than loosing it.
There may be days shown in your account which will show no profit at all or even a loss, but on average we hope you should be in profit.
It is important you realize that you should NEVER trade with money you cannot afford to loose and NEVER take out any loan to invest in BITAI or any other online opportunity related to cryptocurrency. By their very nature, cryptocurrency is a very high risk investment and a possibility of loosing your total investment exists.
Our AI Trading Machine trades the top 20 coins on various exchanges. It also monitors the supply, market sentiment and liquidity of several other coins and will act on opportunities which arise from time to time. The risk in your account is spread across several coins.
We trade in all markets. We go long in bull markets, short in bear markets and we still trade in ranging markets taking advantage of slight movements.
All BitAI Token holders are owners and are given voting rights. We believe in following on from the principles of the blockchain and the vision of Bitcoin’s creator, where every individual acts independent of government or corporate oversight and greed. A handful of token holders are specifically tasked with maintaining the integrity of the network and the AI Machine.
When will BitAI token be listed on external exchanges?
Since the announcement of the Internal Exchange before external exchange, the target dates need to be revised, although we will do our best to get everything done as soon as possible according to the road map.
The Trading Liquidity Pool (TLP) allows you to earn a passive income by taking advantage of the AI Trading Machine. Currently, the AI Trading Machine is able to return daily profits of up to 1.53%. However, remember that the purpose of an AI Trading Machine is to learn from it’s trades and perfect them over time. Therefore, the potential profit margins may be higher in the future as the AI Trading Machine learns.