Quote from: hahay on January 25, 2020, 11:18:22 PM

Quote from: Google+ on January 25, 2020, 11:03:19 PM

Quote from: dimox on January 25, 2020, 10:10:56 PM

gold price is not like bitcoin, but i think it because asset. when something happen asset will take effect, it doesnt mean that trump speech will give effect on bitcoin price, maybe it just accidental

indeed gold and bitcoin have very clear differences and price movements should be very different if there are similarities it might not be intentional, but I feel the condition of the world economy is also a very strong influence.

You can take advantage of price movements to be able to make a profit.

Yes, the prices of the two are indeed different but if the movements will resemble then it is still possible, we do not know if that is a coincidence or indeed will happen for the next movement, if the movements are similar in several periods then it is clearly a similar movement but this event is not even too often and by chance economic conditions are also weakening so we cannot conclude if the movement of bitcoin will become like gold because it is an uncertain event.

it is recognized that the movements between gold and bitcoin can be the same but there will always be differences between them. gold will always be associated with major world economic events which will obviously be affected by the american dollar. but not with bitcoin of course although there are similarities in influence, but bitcoin is more influenced by the sentiment of social media and the main players who hold large bitcoin. but they are both certainly not certain and unpredictable.