Post
Topic
Board Beginners & Help
Re: Bitcoins trading $230+ on ebay
by
Oshero
on 08/04/2013, 04:53:49 UTC
Ebay doesn't predict MtGox price in the same way difficulty doesn't predict price.

It doesn't directly affect it, but there is a strong correlation.

Difficulty moves hand in hand with price more than 90% of the time if you remove outliers.

Over 80% with the outliers included.

I'm sure it's not far off.