Is there a relation between Bitcoinprice and Gold price?

[gidaahmad]

I do not think so. Because both have no relationship at all. Gold is an offline asset, while Bitcoin is a virtual asset. So it is very clear that both have no relationship in the increase or decrease in price.

[1714992730]

1714992730

[Turkish88]

Exactly not relation.
Only the historical price changing maybe, one times gold also how bitcoin fastly rise their price, then it regulated

[pekcoin01]

Different things.
A gold mine. The gift that the world gave to the people. The truth can not be discussed. Things that nature produces.
Crypto money is human production stuff. It's wrong to compare gold and crypt money.

[Zahrowil Qolbi]

I think that there is no connection between gold and bitcoin in the price of both. bitcoin is a crypto currency, used for payments or transactions, can also be investment. while gold is a precious metal that most people use for investment and for many other purposes.

[soraxas01]

Two different kinds of thing that are rare. There is no exact relation between the two since bitcoin was made way back 2009  but due to the fact that bitcoin is an online currency the rarity and price i still comparable to what is known physically as gold but there is no relation between the two.

[MudahDanHemat]

I think bitcoin and gold have an inverse relationship. For some time when crypto experienced increased sharply while the gold market slumped; vice versa. It is probably because of the shocks that occur in the Bitcoin and Crypto markets that are making panic investors then want to return to a more solid investment in difficult times.

[esa2782]

I don't think so, because bitcoin is not created upon gold value, so the up and down of gold price will not affect bitcoin price directly, but maybe just somehow slowing down the demand for bitcoin.

[pat231]

Since you are an old investor you might have already knew that there is no direct correlation between the price of bitcoin and gold price nor neither any correlation between the stock market valuation,there might be a few investments from here and there but that wont make a big difference all together,because i do not expect million to flow into bitcoin when other markets are down and vice versa.

[neerajimittal]

Though bitcoin and gold have frequently displayed a notable correlation during times of macroeconomic crisis, this relationship has often broken down once market conditions return to normalcy.

[MonaLeeTracy]

I think there is no connection between bitcoin and gold prices, because in my opinion investments in gold and bitcoin are different, that's in my opinion

I also think like that, it's gold with bitcoin is of course different, because in terms of price alone is rising and bitcoin while the longer the price of gold increased, so in terms of price alone is different from the physical also different

[washing.machine]

Obviously, the price of Bitcoin has nothing to do with the price of gold. But Bitcoin tends to have the same characteristics as gold

[boyjack]

there is no relation between gold and bitcoin price, I think bitcoin price are more fluctuating and very high risk also, gold is an asset so you can trade in many places and no countries banned for trading gold, but bitcoins and altcons are banned many countries and more regulation will come future, Bitcoin is a digital currency developed in block chain technology so gold price there is no relation with bitcion price

[taranbam]

I think that it is a completely different investment, gold has very different price bases, as well as the factors that influence its price. Bitcoi changes the price depending on the growth of demand. This is my purely personal opinion

[thegreatdodoy]

Perhaps many investors are now trying to diversify their portfolio by buying up both precious metals and currencies, but I do not think that there is a correlation between the price of gold and bitcoin

Yes, being popular in world wide market and as the most expensive in value i believe that are the relation of Bitcoin and the gold, the oinly difference is the market value because gold is stable in price while the bitcoin is volatile.

[PalindromemordnilaP]

I don't think they have a relation with each other because they are different entities with different usage. In fact, gold has a stable value compared to bitcoin that is so volatile that it can rise and fall anytime unexpectedly. Just like today, bitcoin is going down again, but gold's value remains the same.

[Wasaisisi]

I think that between bitcoin and gold do not affect each other. Why is it seen when bitcoin falls and gold falls, it's because of the economic and financial conditions in the world that affect it.

[damsix]

I do not think there is any connection between gold and Bitcoin. if only copper, nickel, steel and aluminum can be said almost the same as gold because both are in the mine from the bowels of the earth.

and Bitcoin is different from the digital assets that are not real visible and its shape bagaiamana but crypto-shaped with a variety of codes.

[ganlianshifu1]

As participants in the bitcoin market grew, so did the price of bitcoins, but gold did not!

The number of people who invest in gold is decreasing! The correlation between the two is still weak.

[umbara ardian]

bitcoin prices and gold prices are of course unrelated because bitcoin prices do not affect the gold price. the bitcoin price moves purely from the very high demand and from the very limited supply total while the total gold supply price is very much and very different from the bitcoin so there is no relation of both.

[RakknRoll]

It is a no for me, that there’s no relation between the price of bitcoin and gold price because they are from different association and aside from that the gold price is cant reach or follow the characteristics that bitcoin have in this industry because the value of bitcoin high quality.