Bayesian regression for latent source model was used primarily for binary classiﬁcation. Instead, in this work we shall utilize it for estimating real-valued variable. II. Trading Bitcoin What is Bitcoin. Bitcoin is a peer-to-peer crypto-graphic digital currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto [7 ... 10/06/14 - In this paper, we discuss the method of Bayesian regression and its efficacy for predicting price variation of Bitcoin, a recently... In this paper, we discuss the method of Bayesian regression and its efficacy for predicting price variation of Bitcoin, a recently popularized virtual, cryptographic currency. Bayesian Regression and Bitcoin  Prices obtained from Okcoin.com betwe en . February 2014 – July 2014 . Correlation found . Using Time-Series and Sentiment Analy sis to . Detect the ... Shah et al. utilized a “latent source model” Bayesian regression created by Chen et al. , which is designed to leverage binary classification to predict Bitcoin price variations. Using a support vector machine algorithm, Georgoula et al.  examined the relationship between Bitcoin price and determinants including economic variables, technological factors, and sentimenFt.
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