Post
Topic
Board Economics
Re: What happnes to BTC,if the oil price goes up?
by
Dimas99
on 22/11/2018, 14:21:34 UTC
I honestly don't see any connection to Bitcoin in this case, and if the prices of both responded similarly in some ways previously, it's likely coincidence. I might have missed something fundamentally, but that's my opinion.

PetroCoin (MaduroCoin) however will benefit from an increasing oil price, so I assume that the investors and backers of this governmental garbage will happily look forward to what the future brings.

I'm interested in reading your theory. If it's convincing and makes me look at the situation differently in terms of Bitcoin, I will Merit your theory.
Your opinion is actually oil prices have nothing to do with the price of bitcoin or other crypto currencies but the price of bitcoin will be vulnerable and easy to change if there are problems in the world economy