Post
Topic
Board Bitcoin Discussion
Re: Is there a relation between Bitcoinprice and Gold price?
by
Radio-Active
on 25/05/2018, 07:42:33 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

i think no. Most peoples compared bitcoin and cryptocurrencies with fiat money such as USD or EUR.
gold price is very stable, bitcoin price ? it is far from stable, it is volatile!