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Contrary To Popular Belief, Bitcoin Isn't Consistently Correlated To Anything
As a borderless digital asset not controlled by governments or centralized companies, bitcoin’s price should, in theory, travel its own path, independent of other currencies and markets. Crypto’s pioneer asset, however, has seen varied views suggesting correlations to traditional markets, such as stocks, “safe-haven” investments such as gold, or even arguments that bitcoin is not correlated to anything. Available data shows no firm answer, as bitcoin’s correlation seems to change with the wind, while a number of experts have varying thoughts on the matter. “I believe that bitcoin does have a correlation ... (full story)
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- Mar 20, 2020 6:03pm Mar 20, 2020 6:03pm
- cryptocow
- Joined Aug 2018 | Status: Mooing | 626 Comments | Online Now
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- Mar 20, 2020 6:23pm Mar 20, 2020 6:23pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Mar 20, 2020 6:23pm Mar 20, 2020 6:23pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.