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You're reading from  Deep Learning Quick Reference

Product typeBook
Published inMar 2018
Reading LevelExpert
PublisherPackt
ISBN-139781788837996
Edition1st Edition
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Mike Bernico
Mike Bernico
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Mike Bernico

Mike Bernico is a Lead Data Scientist at State Farm Mutual Insurance Companies. He also works as an adjunct for the University of Illinois at Springfield, where he teaches Essentials of Data Science, and Advanced Neural Networks and Deep Learning. Mike earned his MSCS from the University of Illinois at Springfield. He's an advocate for open source software and the good it can bring to the world. As a lifelong learner with umpteen hobbies, Mike also enjoys cycling, travel photography, and wine making.
Read more about Mike Bernico

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Using an LSTM for time series prediction

In this chapter, we're going to predict the minute-to-minute value of bitcoin in US dollars during the month of June 2017 by using the minute-to-minute price of bitcoin from January to May of 2017. I know this sounds really lucrative but before you buy that boat, I recommend reading through to the end of the chapter; this is something easier said and even easier modeled, than done.

Even if we were able to create the potential for an arbitrage (a difference in price between two markets due to an inefficiency) between USD and bitcoins using some model like this one, developing a trading strategy around bitcoin can be extremely complex because of the delay in finalizing bitcoin transactions. At the time of this writing, the average transaction time for a bitcoin transaction is over an hour! This "illiquidity" should be a consideration...
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Deep Learning Quick Reference
Published in: Mar 2018Publisher: PacktISBN-13: 9781788837996

Author (1)

author image
Mike Bernico

Mike Bernico is a Lead Data Scientist at State Farm Mutual Insurance Companies. He also works as an adjunct for the University of Illinois at Springfield, where he teaches Essentials of Data Science, and Advanced Neural Networks and Deep Learning. Mike earned his MSCS from the University of Illinois at Springfield. He's an advocate for open source software and the good it can bring to the world. As a lifelong learner with umpteen hobbies, Mike also enjoys cycling, travel photography, and wine making.
Read more about Mike Bernico