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how do you guys put image on bitcointalk? i cant figure out, it keeps saying invalid host when i use imgur
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Coinmetrics has some interesting charts to see the correlation between the prices of two different assets. Most are crypto related, but there are a few traditional assets such as Gold and S&P. The latter is the most approximate entry to compare to, of those available. In order to see the correlation factor at work, I’m comparing BTC/S&P and BTC/ETH on the same chart: https://coinmetrics.io/correlation-charts/#assets=btc-s&p,btc-ethThe chart shows a strong positive correlation of between BTC and ETH, even more so since April 2018 with a value of around 0,8 (maximum is 1 on the scale). On the other hand, the hypothesis of the OP should show a significant negative correlation between BTC and S&P, meaning that when one goes up the other goes down and vice-versa. The closer the correlation to the value of -1, the more negative correlated they are. Nevertheless, the correlation factor between BTC and S&P flips positive and negative, with values within +/- 0.2, which is a weak to negligible correlation with variable direction. At least with S&P, the hypothesis does not seem to stand as valid. Additional: https://coinmetrics.io/correlation/That's a useful graph, pretty consistent with my frd from OKEX claims
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Let's put it this way, the stock market is inversely correlated to cryptocurrencies price, do you agree?
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I have been in the cryptocurrency market for almost two months, I observed that when the market fell, the percentage of BTC always increased. The current percentage of BTC has accounted for more than half of the market. What does this mean? Can anyone give me an explanation, and why is BTC? not another Coin? Because in my opinion, BTC is affected by market volatility more than the Altcoin!
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do you know how fast cryptocurrency exchanges grow? if they dont regulate them, they will overtake the gov in no time .
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Do you think exchanges get hack is an accident? it's an inside job bro.
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I really hope it will replace fiat,so that we can all escape this shitty taxation system = ) Gotta purchase some Bitcoin from my fav exchange OKEX.
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I think it definitely has contributed to the volume but I don't think it is a lot since most exchanges like OKEX would have KYC application to traders. OKEX
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that would be quite realstiic i wuld say, crypto is growing fast and in 20 years there will be a turning point where the whole world adopt crypto, bitcoin,okex
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Japan , korea, the US are also taking is as a method of payment.
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I dont think they will, but they will try every bit of effort to privatize crypto. cheap ass chinazi.
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Bud, those are physical assets, crypto is virtue asset, unless you are storing your BTC on a cold wallet and so happen that guy know your private key, they can then steal from you.
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Because they want a fair exchange of things and get rid of the taxation system, so they created BTC.
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Yeah, BTC is available but the market is restricted, you gotta provide your ID to buy everything.
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defintely do that! So kind of you, as a token of appreciation, I give you this tips
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I think bitcoin is already mainstream.... nothing is more mainstream than that Lol Sent from iPhone ( okex)
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I know that Electroneum does offline wallet, but why don't use okex exchange wallet?
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