Post
Topic
Board Bitcoin Discussion
Re: Is there a relation between Bitcoinprice and Gold price?
by
keanne_isaac
on 15/05/2018, 16:00:44 UTC
Hi folks,

I'm new posting here but old investor. I was wondering if there's a direct correlation between bitcoin price and  www.bitcoin.com  and Gold price  www.goldprice.com .
If you look at the charts in evident that gold started to drop when bitcoin did or vice versa? Is there any systematic correlation?
Thanks in advance
No there is no correlation between the two it maybe a coincidence that both goes up or down  at the same time good is traded in gold exchange while bitcoin is in crypto trading.