Quote from: TPTB_need_war on August 09, 2015, 07:28:43 PM

Quote from: dEBRUYNE on August 09, 2015, 06:50:02 PM

PS: I would like to hear your opinion on what I found:

Quote

Approximately a week ago I calculated the correlation of GOLD/BTC.

Results:
Last year (29-07-2014 - 28-07-2014): 0,519572846
YTD (01-01-2015 - 28-07-2014): -0,562651161

Quite interesting I have to say. Unfortunately I was not able to produce a correlation chart over time. I would love to see such a graph.

...

I think perhaps you correlated the noise and didn't apply a smoothing filter.

Quote from: TPTB_need_war on August 08, 2015, 06:39:12 PM

Quote from: klee on August 08, 2015, 01:49:40 PM

BTC MUST NOT follow Gold and this seems NOT to be the case now...

I think they are roughly correlated in terms of general direction, so if you correlate them with smoothing filter, you get very high correlation.

But they are noisy in short-term and fall out of correlation.

Also BTC is apparently much more volatile than gold.

You are trying to focus in on much shorter-term moves in price action.

We may go up or down short-term, but over next months we are going much lower.

Hadn't seen that reply yet, but thanks for your opinion! I will try to calculate a smooth correlation. If I manage to do so I'll get back to you.