Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
Has anyone tried to make sense of the positive correlation with BTC/USD? WTF happened to Altcoinland lately?!
...I'll throw in the towel before I try to make sense of this nonsense...
what do you mean by positive correlation? It seems like USD appreciated over the past 2 weeks so I say negative correlation.
To me it, this is partly seasonal...if you look at the BTCD last year on Jul 1st the price was at $2.39 but dropped to $1.16 in Aug 3th.
Similarly for BTC on June 17th the price was at $740 and it dropped to $530 on Aug 2nd.
nothing can be for sure but seasons could play some roles.
Impending Hard/Soft/WeDONTKNOWfork of BTC might have something to do with Crypto at this point.......
that would cause Alt-coin to increase in price not decrease cause people are unsure of BTC future
Not if they just cashed out until it settles.