This group wants to forecasts the bitcoin price in the nearest future.
Overall, this is a very fantastic project. You talk in very detail how you get the whole dataset and the rationale of choosing explanatory variables. Besides, the visualization and explanation on the model are very clear. I especially enjoy the discussion about the weapon of math destruction, which is actually a very big issue for bitcoin.
Given the lack of data is a big issue, and bitcoin price is driven by the supply and demand, I think if you can also have data about the number of positive news about bitcoins and negative news on major news media like New York Times, and the number of readers for the news, then it may help you increase the prediction accuracy. But admittedly, predicting bitcoin price is hard as otherwise it won't be so attractive to everyone. So good job overall!
This group wants to forecasts the bitcoin price in the nearest future.
Overall, this is a very fantastic project. You talk in very detail how you get the whole dataset and the rationale of choosing explanatory variables. Besides, the visualization and explanation on the model are very clear. I especially enjoy the discussion about the weapon of math destruction, which is actually a very big issue for bitcoin.
Given the lack of data is a big issue, and bitcoin price is driven by the supply and demand, I think if you can also have data about the number of positive news about bitcoins and negative news on major news media like New York Times, and the number of readers for the news, then it may help you increase the prediction accuracy. But admittedly, predicting bitcoin price is hard as otherwise it won't be so attractive to everyone. So good job overall!