When most people think of cryptocurrencies, they think of Bitcoin, Ethereum and blockchain platforms that allow decentralized autonomous applications to operate.
The true value of cryptocurrencies lies in the decentralization and independence provided to the people. But the market focuses on something entirely different from that, due to being controlled by big firms, political decisions, and operators.
But with the inception of cryptocurrency in our lives, more and more people have begun to depend on it. The phenomenon has put a huge dent in the universe, and the world market is sure to change as a result. It has disrupted the established, organized system in which the world was working by giving a platform to the risk takers and bold investors waiting to try their hand out at investing in a market which was not being controlled by any one entity.
The markets have already shown that decentralized currencies like Bitcoin and Ether are here to stay. When it comes to cryptocurrencies, predictions of even the biggest market leaders have proved to be wrong. Bitcoin was speculated as a bubble which was about to burst as it touched $500. Its current price of $8500 was a surprise to even the most optimistic crypto investors.
Market Analysis – Bearish or Bullish?
Even market analysis is not 100% correct. Famous analysts and market predictors have faced defeat at the hands of Warren Buffett. He proved them all wrong with his strong investment skills, and the long-term planning that led him to become one of the greatest investors of all time.
This proves that sometimes, human intervention can be the biggest decision-making factor in the future prediction of a stock or overall market, and often technology alone cannot do it.
Technology might be able to predict the future to some extent by studying the past, but ultimately, it’s the people who take the final decision of buying or selling a stock. When it comes to people, there is a lot more than just logical rationale involved. Emotions play a vital role in the decision-making choice of people – and emotions are not a part of technology.
To solve this problem, Sharpe Capital have come up with a revolutionary market analysis application. This will have the best technical innovations embedded in it, and will also consider the decision and choice of humans, who will use their intuition to predict the future of a stock.
Is the Stock Market Pure Mathematics?
It is said that stock market is pure mathematics, but even the biggest of mathematicians have failed to predict a big inflation or a big crash.
This is why Sharpe Capital have created a platform where technology and people will come together to craft a phenomenal and disruptive space. Users will be rewarded with Ether in return for their correct assumptions.
All the users have to do this in order to predict whether they feel bullish or bearish on a particular stock or blockchain asset.
Accordingly, their prediction will be locked on a system which is empowered by blockchain using RSA encryption.
Every correct prediction will increase the reputation score of a user, and every false prediction will reduce the score. The best part is that with every increase in reputation score, the user will get rewarded with Ether, while a false prediction will only result in a deduction in reputation score.
Sharpe Capital is already in their commencement phase with their token sale that will continue up to February 2018. In the next couple of months, they have planned out on selling their tokens, called SHP, which also guarantee an immediate return.
Tokens from other firms do not give the true return to the investor at least for a year or 18 months. With Sharpe Capital, this is not the case. The investors will start getting returns every month from the get-go.
This results in a secure and robust monthly payment model. They will be releasing their first payment to users in January 2018 – a month before their token sale ends!
They also have agreements with TaaS (Token as a Service) and ETHLend. These are two of the most well-known names in the world of cryptocurrency, and in future they aim to create a decentralized autonomous organization, bringing in more like-minded people to invest and create apps with blockchain, exploring the power of cryptocurrency.
Cryptocurrency, combined with market analysis is already changing the future of how stock market predictions work…and this is just the beginning.