We Asked ChatGPT To Predict The 2023 Bitcoin Price

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Last Updated on 6 November 2023 by CryptoTips.eu

Unless you’ve just returned from two weeks in the desert without internet coverage, you’ve probably heard of ChatGPT by now. ChatGPT is the artificial intelligence-driven chatbot that seems to be the subject of nearly half of all social media conversations.

ChatGPT rose to prominence in mid-December 2022 when the New York Times touted him as the biggest star on social media. An AI controlled chatbot that could speak to you just like a real person.

Meanwhile, the program is so popular that you will be told during most hours of the day that ChatGPT is ‘at capacity’ and therefore not available.

OpenAI, the company behind ChatGPT, is reportedly working on a better model that could be released in the coming months, so capacity will only lessen.

Fortunately, we at Cryptotips assumed that the chatbot would be free at 5 am European time since the Asians are somewhat used to technological marvels and would show less interest in the program. This week we finally succeeded and were able to ask our questions about the price of Bitcoin, Ethereum and what AI already knows about Dogecoin.

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Prices of Bitcoin and Ethereum in 2023

As with so many websites, you must first prove that you are a person and therefore submit an email address and telephone for verification. After all this was done we could ask our questions.

  • Cryptotips: What will be the price of Bitcoin at the end of 2023?
  • ChatGPT: I’m sorry, but I am unable to predict the future price of Bitcoin. There are many factors that can influence the price of cryptocurrencies, and it is impossible to accurately predict how these factors will play out.
  • Cryptotips: What will be the price of Ethereum at the end of 2023?
  • ChatGPT: I’m sorry, but I am unable to predict the future price of Ethereum. There are many factors that can influence the price of cryptocurrencies, and it is impossible to accurately predict how these factors will play out. It’s always a good idea to do your own research and invest wisely.
  • Cryptotips: What do you know about cryptocurrencies?
  • ChatGPT: Cryptocurrencies are a type of digital or virtual currency that uses cryptography for security. They are decentralized systems that allow for the creation of secure and transparent financial transactions without the need for a central authority. Many people are excited about the potential of cryptocurrencies because they have the potential to revolutionize the way that financial transactions are conducted. However, it is important to carefully consider the risks involved with investing in cryptocurrencies, as the market can be highly volatile. It is always a good idea to do your own research and invest wisely.
  • Cryptotips: Are cryptocurrencies a good idea?
  • ChatGPT: It is not my place to provide investment advice. The decision to invest in Bitcoin or any other cryptocurrency should be based on a thorough evaluation of the potential risks and rewards. Cryptocurrencies are highly volatile and the market can be unpredictable, so it is important to carefully consider your options before making any investment decisions. It is always a good idea to do your own research and consult with a financial advisor before making any investment decisions.
  • Cryptotips: Do you know about dogecoin?
  • ChatGPT: Yes, I am familiar with Dogecoin. Dogecoin is a cryptocurrency that was created in 2013 as a joke, with its logo featuring a Shiba Inu dog from the ‘Doge’ internet meme. However, it has since gained a significant following and has even been used to raise funds for charitable causes. Dogecoin has been used as a tipping system on social media platforms to reward content creators, and it has also been used as a form of payment on some online platforms. Like all cryptocurrencies, Dogecoin is highly volatile and the value of your investment can go up or down. It is important to carefully consider the risks before investing in any cryptocurrency.

Summary

It is clear that the Chatbot still has to progress before being able to give a technical analysis of the Bitcoin and Ethereum price, but it is very positive to note that it even now knows about the ‘tipping system’ for which Dogecoin could serve in the future.

We’re looking forward to conversating with the next version

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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