Hi guys,
I play with the idea of watching a couple of usd / jpy and at the same time yields from ten-year bonds of both countries. These two quantities correlate strongly, and when there is the difference and Japanese yen starts to strengthen, it could mean that they are going to buy more bitcoin in Japan. What do you think about it?
I play with the idea of watching a couple of usd / jpy and at the same time yields from ten-year bonds of both countries. These two quantities correlate strongly, and when there is the difference and Japanese yen starts to strengthen, it could mean that they are going to buy more bitcoin in Japan. What do you think about it?
Japanese yen is going down mostly because of the North Korean threats.I think that the USD is going down as well.I hope that the Japanese will buy more bitcoins during the end of the summer,they will buy more btc if the yen is weaker,not when it "starts to strengthen".
Anyway,the threats from Kim will stop,this is his "normal" behaviour.
