Post
Topic
Board Economics
Re: What happnes to BTC,if the oil price goes up?
by
Kray
on 27/06/2018, 14:37:18 UTC
I wouldn’t say it have no influence at all, but very little. Probably because many of Bitcoin investors are playing in petroleum too, they will sell their Bitcoin when the petroleum is giving faster profits than waiting for Bitcoin’s price to soar again, it could causing the price to decrease and then increases back if the investors succeed in the petroleum.