Post
Topic
Board Economics
Re: What happnes to BTC,if the oil price goes up?
by
mornabo
on 05/09/2018, 01:59:10 UTC
If the oil prices in the oil market will goes up ,there is no relations to bitcoin in the voin market cap if it will also goes up, the price value of bitcoin in the market is independent with the oil market price, so I think nothing could happen.
Thats right, there's nothing to worry about if oil prices rise, unless bitcoin uses fuel oil for its use lol, bitcoin and oil won't correspond,
if oil prices rise maybe other related items such as using fuel oil will rise, but bitcoin no