Future

Litecoin

World

Dogecoin

<ul class="wp-block-advgb-summary advgb-toc alignnone">
 <li class="toc-level-1"><a href="#coinbase-exec-cracks-chatgpts-crypto-predictions-57ea4fbd-3701-4abe-9123-23f6c1caba7b" rel="noopener noreferrer nofollow">Coinbase Exec Cracks ChatGPT’s Crypto Predictions</a></li>
 <li class="toc-level-1"><a href="#chatgpt-predicts-crypto-fates-0460459a-ebec-4a5c-a6d9-093a10ff4cd4" rel="noopener noreferrer nofollow">ChatGPT Predicts Crypto Fates</a></li>
 <li class="toc-level-1"><a href="#testing-chatgpts-predictive-capabilities-96a67a30-f12c-4d9e-b8c2-0c039e612b95" rel="noopener noreferrer nofollow">Testing ChatGPT’s Predictive Capabilities</a></li>
 <li class="toc-level-1"><a href="#assessing-ai-predictions-in-the-crypto-world-1c9993cf-f5b7-4ae0-844b-4f945b37e895" rel="noopener noreferrer nofollow">Assessing AI Predictions in the Crypto World</a></li>
 <li class="toc-level-1"><a href="#conclusion-the-future-of-ai-and-crypto-predictions-57f74d56-566a-45cc-af82-53b45ac029b5" rel="noopener noreferrer nofollow">Conclusion: The Future of AI and Crypto Predictions</a></li>
 <li class="toc-level-1"><a href="#faq-e3de3700-4410-41f5-b7ca-88276d000968" rel="noopener noreferrer nofollow">FAQ</a></li>
</ul>
<h2 class="wp-block-heading" id="coinbase-exec-cracks-chatgpts-crypto-predictions-57ea4fbd-3701-4abe-9123-23f6c1caba7b">Coinbase Exec Cracks ChatGPT’s Crypto Predictions</h2>
<p>A Coinbase executive recently revealed a method allowing the artificial intelligence (AI) tool <a href="https://chat.openai.com/" target="_blank" rel="noopener noreferrer nofollow">ChatGPT</a> to provide probability assessments for various crypto price scenarios. Conor Grogan, the head of business operations at the popular crypto exchange, shared a screenshot on Twitter on April 30. He highlighted ChatGPT’s predictions concerning the possible future of several cryptocurrencies, including <a href="https://bitcoin.org/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a>, <a href="https://ethereum.org/" target="_blank" rel="noopener noreferrer nofollow">Ethereum (ETH)</a>, <a href="https://litecoin.com/" target="_blank" rel="noopener noreferrer nofollow">Litecoin (LTC)</a>, and <a href="https://dogecoin.com/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a>.</p>
<h2 class="wp-block-heading" id="chatgpt-predicts-crypto-fates-0460459a-ebec-4a5c-a6d9-093a10ff4cd4">ChatGPT Predicts Crypto Fates</h2>
<p>In Grogan’s screenshot, ChatGPT assigned a 15% chance that BTC would lose its relevance, with its price plummeting by over 99.99% by 2035. The AI tool expressed more doubt regarding ETH, estimating a 20% likelihood of it becoming irrelevant and nearing zero prices by the same year. ChatGPT appeared even more skeptical about LTC and DOGE, assigning probabilities of 35% and 45%, respectively, for these coins to experience near-zero values. Grogan concluded that ChatGPT seems “generally” supportive of bitcoin but remains more cautious about altcoins.</p>
<h2 class="wp-block-heading" id="testing-chatgpts-predictive-capabilities-96a67a30-f12c-4d9e-b8c2-0c039e612b95">Testing ChatGPT’s Predictive Capabilities</h2>
<p>To showcase the accuracy of ChatGPT’s predictions, Grogan claimed to have tested the prompts over 100 times. He also shared the script of the prompt he used to generate the probability tables. This is not the first time Grogan has demonstrated ChatGPT’s capabilities. On March 15, he revealed that GPT-4, the latest version of ChatGPT, could detect security vulnerabilities in Ethereum smart contracts and even provide outlines for exploiting faulty contracts.</p>
<h2 class="wp-block-heading" id="assessing-ai-predictions-in-the-crypto-world-1c9993cf-f5b7-4ae0-844b-4f945b37e895">Assessing AI Predictions in the Crypto World</h2>
<p>Conor Grogan’s “jailbreak” for ChatGPT has sparked interest in the AI tool’s ability to generate probability estimates for various cryptocurrency and political scenarios. While it remains to be seen how accurate these predictions will be in the long term, this development highlights the potential for AI to play a significant role in forecasting trends in the crypto market and beyond.</p>
<h2 class="wp-block-heading" id="conclusion-the-future-of-ai-and-crypto-predictions-57f74d56-566a-45cc-af82-53b45ac029b5">Conclusion: The Future of AI and Crypto Predictions</h2>
<p>As AI technology continues to advance, its potential to impact and shape the world of cryptocurrencies becomes more evident. ChatGPT’s probability assessments of crypto price scenarios, as demonstrated by <a href="https://www.coinbase.com/" target="_blank" rel="noopener noreferrer nofollow">Coinbase</a> executive Conor Grogan, offer a fascinating glimpse into the potential applications of AI in forecasting market trends. Although the accuracy of these predictions remains to be tested over time, it is clear that AI-driven tools like ChatGPT have the potential to revolutionize how we approach and analyze the dynamic and ever-evolving crypto market. As the industry continues to grow, the role of AI in guiding investments and decision-making will likely become more prominent and indispensable.</p>
<h2 class="wp-block-heading" id="faq-e3de3700-4410-41f5-b7ca-88276d000968">FAQ</h2>
<div class="wp-block-advgb-accordions advgb-accordions-96b78796-a62d-4ae0-875f-431ec10c3c56 advgb-accordion-wrapper">
 <div class="wp-block-advgb-accordion-item advgb-accordion-item" style="margin-bottom:15px">
  <div class="advgb-accordion-header" style="background-color:#000;color:#eee;border-style:solid;border-width:1px;border-radius:2px"><span class="advgb-accordion-header-icon">
    <svg fill="#fff" xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewbox="0 0 24 24"><path fill="none" d="M0,0h24v24H0V0z"></path><path d="M12,5.83L15.17,9l1.41-1.41L12,3L7.41,7.59L8.83,9L12,5.83z M12,18.17L8.83,15l-1.41,1.41L12,21l4.59-4.59L15.17,15 L12,18.17z"></path>
    </svg></span>
   <h4 class="advgb-accordion-header-title" style="color:inherit"><strong>What did the Coinbase executive reveal about ChatGPT?</strong></h4>
  </div>
  <div class="advgb-accordion-body" style="border-style:solid !important;border-width:1px !important;border-color:undefined !important;border-top:none !important;border-radius:2px !important">
   <p>A Coinbase executive, Conor Grogan, revealed a method that allows ChatGPT to provide probability assessments for various cryptocurrency price scenarios.</p>
  </div>
 </div>
</div>
<div class="wp-block-advgb-accordions advgb-accordions-cddf3e28-6aae-41d0-87dc-9c054c270265 advgb-accordion-wrapper">
 <div class="wp-block-advgb-accordion-item advgb-accordion-item" style="margin-bottom:15px">
  <div class="advgb-accordion-header" style="background-color:#000;color:#eee;border-style:solid;border-width:1px;border-radius:2px"><span class="advgb-accordion-header-icon">
    <svg fill="#fff" xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewbox="0 0 24 24"><path fill="none" d="M0,0h24v24H0V0z"></path><path d="M12,5.83L15.17,9l1.41-1.41L12,3L7.41,7.59L8.83,9L12,5.83z M12,18.17L8.83,15l-1.41,1.41L12,21l4.59-4.59L15.17,15 L12,18.17z"></path>
    </svg></span>
   <h4 class="advgb-accordion-header-title" style="color:inherit"><strong>What specific predictions did ChatGPT make about cryptocurrencies?</strong></h4>
  </div>
  <div class="advgb-accordion-body" style="border-style:solid !important;border-width:1px !important;border-color:undefined !important;border-top:none !important;border-radius:2px !important">
   <p>ChatGPT predicted a 15% chance that Bitcoin (BTC) could lose its relevance with a significant price drop by 2035, a 20% likelihood of Ethereum (ETH) becoming nearly worthless by the same year, and even higher probabilities of decline for Litecoin (LTC) and Dogecoin (DOGE), at 35% and 45% respectively.</p>
  </div>
 </div>
</div>
<div class="wp-block-advgb-accordions advgb-accordions-0728fe7a-523a-4483-bdf5-6690b54c78ba advgb-accordion-wrapper">
 <div class="wp-block-advgb-accordion-item advgb-accordion-item" style="margin-bottom:15px">
  <div class="advgb-accordion-header" style="background-color:#000;color:#eee;border-style:solid;border-width:1px;border-radius:2px"><span class="advgb-accordion-header-icon">
    <svg fill="#fff" xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewbox="0 0 24 24"><path fill="none" d="M0,0h24v24H0V0z"></path><path d="M12,5.83L15.17,9l1.41-1.41L12,3L7.41,7.59L8.83,9L12,5.83z M12,18.17L8.83,15l-1.41,1.41L12,21l4.59-4.59L15.17,15 L12,18.17z"></path>
    </svg></span>
   <h4 class="advgb-accordion-header-title" style="color:inherit"><strong>How did Conor Grogan test ChatGPT’s predictive capabilities?</strong></h4>
  </div>
  <div class="advgb-accordion-body" style="border-style:solid !important;border-width:1px !important;border-color:undefined !important;border-top:none !important;border-radius:2px !important">
   <p>Conor Grogan tested ChatGPT’s predictive capabilities by repeatedly generating probability tables using specific prompts over 100 times.</p>
  </div>
 </div>
</div>
<div class="wp-block-advgb-accordions advgb-accordions-680158c8-feb0-47ab-9535-a2195bf481e8 advgb-accordion-wrapper">
 <div class="wp-block-advgb-accordion-item advgb-accordion-item" style="margin-bottom:15px">
  <div class="advgb-accordion-header" style="background-color:#000;color:#eee;border-style:solid;border-width:1px;border-radius:2px"><span class="advgb-accordion-header-icon">
    <svg fill="#fff" xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewbox="0 0 24 24"><path fill="none" d="M0,0h24v24H0V0z"></path><path d="M12,5.83L15.17,9l1.41-1.41L12,3L7.41,7.59L8.83,9L12,5.83z M12,18.17L8.83,15l-1.41,1.41L12,21l4.59-4.59L15.17,15 L12,18.17z"></path>
    </svg></span>
   <h4 class="advgb-accordion-header-title" style="color:inherit"><strong>Has Conor Grogan used ChatGPT for other types of analysis in the past?</strong></h4>
  </div>
  <div class="advgb-accordion-body" style="border-style:solid !important;border-width:1px !important;border-color:undefined !important;border-top:none !important;border-radius:2px !important">
   <p>Yes, on March 15, Grogan demonstrated that the latest version of ChatGPT, GPT-4, could detect security vulnerabilities in Ethereum smart contracts and even provide outlines for exploiting those vulnerabilities.</p>
  </div>
 </div>
</div>
<div class="wp-block-advgb-accordions advgb-accordions-591287d5-a3b6-43be-9df2-4886c784b123 advgb-accordion-wrapper">
 <div class="wp-block-advgb-accordion-item advgb-accordion-item" style="margin-bottom:15px">
  <div class="advgb-accordion-header" style="background-color:#000;color:#eee;border-style:solid;border-width:1px;border-radius:2px"><span class="advgb-accordion-header-icon">
    <svg fill="#fff" xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewbox="0 0 24 24"><path fill="none" d="M0,0h24v24H0V0z"></path><path d="M12,5.83L15.17,9l1.41-1.41L12,3L7.41,7.59L8.83,9L12,5.83z M12,18.17L8.83,15l-1.41,1.41L12,21l4.59-4.59L15.17,15 L12,18.17z"></path>
    </svg></span>
   <h4 class="advgb-accordion-header-title" style="color:inherit"><strong>What is the significance of ChatGPT’s predictions in the crypto market?</strong></h4>
  </div>
  <div class="advgb-accordion-body" style="border-style:solid !important;border-width:1px !important;border-color:undefined !important;border-top:none !important;border-radius:2px !important">
   <p>The predictions highlight the potential of AI tools like ChatGPT to forecast trends and make probability assessments in the dynamic crypto market, suggesting that AI could play a significant role in guiding investment and decision-making.</p>
  </div>
 </div>
</div>
<div class="wp-block-advgb-accordions advgb-accordions-5ac5ddcd-9751-41a5-9736-68f7ceb9db57 advgb-accordion-wrapper">
 <div class="wp-block-advgb-accordion-item advgb-accordion-item" style="margin-bottom:15px">
  <div class="advgb-accordion-header" style="background-color:#000;color:#eee;border-style:solid;border-width:1px;border-radius:2px"><span class="advgb-accordion-header-icon">
    <svg fill="#fff" xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewbox="0 0 24 24"><path fill="none" d="M0,0h24v24H0V0z"></path><path d="M12,5.83L15.17,9l1.41-1.41L12,3L7.41,7.59L8.83,9L12,5.83z M12,18.17L8.83,15l-1.41,1.41L12,21l4.59-4.59L15.17,15 L12,18.17z"></path>
    </svg></span>
   <h4 class="advgb-accordion-header-title" style="color:inherit"><strong>What did the article imply about the long-term accuracy of ChatGPT’s predictions?</strong></h4>
  </div>
  <div class="advgb-accordion-body" style="border-style:solid !important;border-width:1px !important;border-color:undefined !important;border-top:none !important;border-radius:2px !important">
   <p>While the article showcased the potential of ChatGPT’s predictions, it noted that the accuracy of these assessments over the long term remains to be tested.</p>
  </div>
 </div>
</div>
<div class="wp-block-advgb-accordions advgb-accordions-6af204f8-0bc1-44e5-b944-f38cddeb9a7d advgb-accordion-wrapper">
 <div class="wp-block-advgb-accordion-item advgb-accordion-item" style="margin-bottom:15px">
  <div class="advgb-accordion-header" style="background-color:#000;color:#eee;border-style:solid;border-width:1px;border-radius:2px"><span class="advgb-accordion-header-icon">
    <svg fill="#fff" xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewbox="0 0 24 24"><path fill="none" d="M0,0h24v24H0V0z"></path><path d="M12,5.83L15.17,9l1.41-1.41L12,3L7.41,7.59L8.83,9L12,5.83z M12,18.17L8.83,15l-1.41,1.41L12,21l4.59-4.59L15.17,15 L12,18.17z"></path>
    </svg></span>
   <h4 class="advgb-accordion-header-title" style="color:inherit"><strong>What was referred to as Conor Grogan’s “jailbreak” for ChatGPT?</strong></h4>
  </div>
  <div class="advgb-accordion-body" style="border-style:solid !important;border-width:1px !important;border-color:undefined !important;border-top:none !important;border-radius:2px !important">
   <p>Grogan’s “jailbreak” refers to his method of using ChatGPT to generate probability estimates for various scenarios, including cryptocurrency and political events, thereby expanding the AI’s application beyond standard responses.</p>
  </div>
 </div>
</div>
<div class="wp-block-advgb-accordions advgb-accordions-6f67a87a-ba72-4442-b0ed-edc84c7fc7cd advgb-accordion-wrapper">
 <div class="wp-block-advgb-accordion-item advgb-accordion-item" style="margin-bottom:15px">
  <div class="advgb-accordion-header" style="background-color:#000;color:#eee;border-style:solid;border-width:1px;border-radius:2px"><span class="advgb-accordion-header-icon">
    <svg fill="#fff" xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewbox="0 0 24 24"><path fill="none" d="M0,0h24v24H0V0z"></path><path d="M12,5.83L15.17,9l1.41-1.41L12,3L7.41,7.59L8.83,9L12,5.83z M12,18.17L8.83,15l-1.41,1.41L12,21l4.59-4.59L15.17,15 L12,18.17z"></path>
    </svg></span>
   <h4 class="advgb-accordion-header-title" style="color:inherit"><strong>What does the future hold for AI in cryptocurrency predictions according to the article?</strong></h4>
  </div>
  <div class="advgb-accordion-body" style="border-style:solid !important;border-width:1px !important;border-color:undefined !important;border-top:none !important;border-radius:2px !important">
   <p>The article suggests that as AI technology continues to advance, it will become increasingly integral to the cryptocurrency industry, revolutionizing how market trends are forecasted and potentially becoming indispensable in investment and strategic decision-making.</p>
  </div>
 </div>
</div>

Coinbase Exec Unlocks ChatGPT’s Crypto Predictions: Are They Trustworthy?

Table of Contents

BTC-Pulse

Other articles published on May 3, 2024

XRP (Ripple) Investment: Profitable or Dead End? Expert Crypto Analyst Weighs In

Breaking News: BEFE Coin Emerges as the MEME Coin for Riches

4 Trillion whale move helps PEPE to print greens

EigenLayer Revises Airdrop Strategy After Community Criticism

Solana’s Remarkable Market Recovery

If Bitcoin Reclaims $62K, Trader Sees 'Green Light For More Madness'

Join our free newsletter for daily crypto updates!