Bitcoin Forum

Economy => Speculation => Topic started by: Roccker on May 27, 2017, 09:55:25 PM



Title: How do Stocks and Bitcoin correlate? And Gold
Post by: Roccker on May 27, 2017, 09:55:25 PM
Hi there!

Stocks and Gold seem to negatively correlate

What i am just wondering about and wanting to find out:
Does anyone know

How do Stocks (eg S&P 500) and Bitcoin correlate?
How do Gold and Bitcoin correlate?


Title: Re: How do Stocks and Bitcoin correlate? And Gold
Post by: PokerDiceMan on May 27, 2017, 10:47:06 PM
bitcoin price and gold price never correlate
so if gold incraese not this mean bitcoin price can incraese too
bitcoin price only about demand


Title: Re: How do Stocks and Bitcoin correlate? And Gold
Post by: jjacob on May 28, 2017, 06:55:53 AM
Hi there!

Stocks and Gold seem to negatively correlate

What i am just wondering about and wanting to find out:
Does anyone know

How do Stocks (eg S&P 500) and Bitcoin correlate?
How do Gold and Bitcoin correlate?

Bitcoin probably has zero correlation to all asset classes. Hence it is a nice asset to have in your portfolio.
It offers some diversification. You can have a look at this CNBC article.

http://www.cnbc.com/2017/05/18/looking-for-portfolio-protection-here-are-two-things-to-buy-right-now.html