Bitcoin Forum

Economy => Speculation => Topic started by: Minsc on September 06, 2011, 05:14:27 AM



Title: Does bitcoin rise and fall with the price of the US dollar like people say?
Post by: Minsc on September 06, 2011, 05:14:27 AM
I don't understand why.  I would think it would do the opposite like gold.

Anyone have a graph of US dollar value vs. bitcoin value that's up to date with early September?


Title: Re: Does bitcoin rise and fall with the price of the US dollar like people say?
Post by: Revalin on September 06, 2011, 05:57:03 AM
BitCoin fluctuates so much that I doubt you could make any definitive correlation.  Admittedly I haven't tried.

What would you use as an objective measurement of value that's responsive on such a short timescale?


Title: Re: Does bitcoin rise and fall with the price of the US dollar like people say?
Post by: The_Duke on September 06, 2011, 06:04:27 AM
I think bitcoin falls according to how many stupid topics get opened on this forum. Right now, you (the opener) is a major contributer to the fall of bitcoinprice. Please stop breaking bitcoin and quit opening 700 new silly topics.


Title: Re: Does bitcoin rise and fall with the price of the US dollar like people say?
Post by: Minsc on September 06, 2011, 06:22:07 AM
I think bitcoin falls according to how many stupid topics get opened on this forum. Right now, you (the opener) is a major contributer to the fall of bitcoinprice. Please stop breaking bitcoin and quit opening 700 new silly topics.

Hey so next time I sell my coins, I'll open lots of topics and the price will fall?