Some people and I are working on Bitcoin Skynet. Basically we are seeing if we can code an independent bot/agent that can support itself through paid hosting with bitcoins, that makes income from automatic exchanges between cryptocurrencies. The bot is given intelligence and set free to see what it does. It switches hosting every month, and can decentralize itself to protect against denial of service, and also sells other services and escrow brokerage.
So you're writing a bot to play currency exchange with the goal of making it migrate its programming between allowed machines and pay for itself?
I'm sorry, since when did currency exchange markets yield reliable, non-normally-distributed profits like that? EDIT FOR DOWNVOTERS: I'm seriously asking this. I honestly thought forex markets were pretty normally distributed and quite a hard place to make a consistent, algorithmically-driven profit.
Also, I feel like this is going to blow up into some huge lesson in Why Capitalism Is Evil, as portrayed by the Capitalism Bot, and people are only really going to get it once they can look at the economic system as a malicious AI. But whatever.
I can't speak for the more complex mathematics being discussed here, but I can say with some confidence that there are definitely more people making money on forex related fraud than on forex.
Hello dobbsbob, author of the book here. A little off topic, but I offer free mentoring (http://markwatson.com/mentoring/) for new projects if you would like to talk about your project.
Some people and I are working on Bitcoin Skynet. Basically we are seeing if we can code an independent bot/agent that can support itself through paid hosting with bitcoins, that makes income from automatic exchanges between cryptocurrencies. The bot is given intelligence and set free to see what it does. It switches hosting every month, and can decentralize itself to protect against denial of service, and also sells other services and escrow brokerage.