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RE: Gossip about Cryptocurrencies - Why Coin Sentiment and Hype Analysis will Become Part of our Standard Coin Research
@cryptotem, thou art a bearer of good tidings!
CoinGossip has the potential of affecting the market. Whether negatively or positively is left for future to tell.
In the midst of all this bustle in the crypto world, a tool like this priceless.
I have few questions though.
#1. It is possible that robots can spot whenever a particular coin is being mentioned on the net. Agreed. Now, where does the judgment on what is being said about the coin comes from? From robots or people??
If the results of sentiments analysis are not compromised, then CoinGossip is an indispensable tool for investors.
Cheers 🍻 @cryptotem
Great question @fada.emma!
Currently I am not sure how this works at CoinGossip. That is exactly the biggest challenge for current sentiment analytics companies like Clarabridge, Medallia and Cambridge Semantics, to algorithmically determine through machine learning as accurately as possible the sentiment relative to the rest. So it will be the same challenge for websites like CoinGossip.
As far I know, the machine learning capability is still at its infancy stage and a lot of manual stuff needs to be done. Think about classifying all words on a negative-positive scale given certain context (other words, subjects, country, language etc.).
Hopefully we'll see some relatively accurate tools in a year or two!
Boss, truly the learning capability of the machines is possibly in its babyhood which eventually places a 'question mark' on the integrity and authenticity of the manual forces behind the scenes.
Meanwhile, I join you in hoping for a better future 🔮.
Cheers @cryptotem