Search content
Sort by
Showing 20 of 103 results by s92225
Interesting graph: The payoff of early investment: Stocks IPO vs BTC
Re: Anyone else notice that when share market down, crypto price goes up?
Coinmetrics has some interesting charts to see the correlation between the prices of two different assets. Most are crypto related, but there are a few traditional assets such as Gold and S&P. The latter is the most approximate entry to compare to, of those available.
In order to see the correlation factor at work, Im comparing BTC/S&P and BTC/ETH on the same chart:
https://coinmetrics.io/correlation-charts/#assets=btc-s&p,btc-eth
The chart shows a strong positive correlation of between BTC and ETH, even more so since April 2018 with a value of around 0,8 (maximum is 1 on the scale).
On the other hand, the hypothesis of the OP should show a significant negative correlation between BTC and S&P, meaning that when one goes up the other goes down and vice-versa. The closer the correlation to the value of -1, the more negative correlated they are. Nevertheless, the correlation factor between BTC and S&P flips positive and negative, with values within +/- 0.2, which is a weak to negligible correlation with variable direction.
At least with S&P, the hypothesis does not seem to stand as valid.
Additional: https://coinmetrics.io/correlation/
In order to see the correlation factor at work, Im comparing BTC/S&P and BTC/ETH on the same chart:
https://coinmetrics.io/correlation-charts/#assets=btc-s&p,btc-eth
The chart shows a strong positive correlation of between BTC and ETH, even more so since April 2018 with a value of around 0,8 (maximum is 1 on the scale).
On the other hand, the hypothesis of the OP should show a significant negative correlation between BTC and S&P, meaning that when one goes up the other goes down and vice-versa. The closer the correlation to the value of -1, the more negative correlated they are. Nevertheless, the correlation factor between BTC and S&P flips positive and negative, with values within +/- 0.2, which is a weak to negligible correlation with variable direction.
At least with S&P, the hypothesis does not seem to stand as valid.
Additional: https://coinmetrics.io/correlation/
That's a useful graph, pretty consistent with my frd from OKEX claims
Anyone else notice that when share market down, crypto price goes up?
I have been in the cryptocurrency market for almost two months, I observed that when the market fell, the percentage of BTC always increased. The current percentage of BTC has accounted for more than half of the market. What does this mean? Can anyone give me an explanation, and why is BTC? not another Coin? Because in my opinion, BTC is affected by market volatility more than the Altcoin!
Re: Were there attempts to create a thing like Bitcoin before Satoshi Nakamoto?
Aliens gave this technology to us! ask Satoshi Nakamoto, he will know.
Re: Why are the world’s governments not using cryptocurrencies?
do you know how fast cryptocurrency exchanges grow? if they dont regulate them, they will overtake the gov in no time .
Re: Have there been any money laundering schemes that used cryptocurrency?
Do you think exchanges get hack is an accident? it's an inside job bro.
Re: What other uses does Blockchain have aside from Cryptocurrency?
Many others, like insurance network, DAPP, web broswer, crypto exchanges , DEX
Re: You think that governments might adopt cryptocurrencies to replace fiat currency
I really hope it will replace fiat,so that we can all escape this shitty taxation system = )
Gotta purchase some Bitcoin from my fav exchange OKEX.
Re: You think terrorist groups around the world use Cryptos as a means of payment?
I think it definitely has contributed to the volume but I don't think it is a lot since most exchanges like OKEX would have KYC application to traders. OKEX
Re: Would it be realistic for the world to run on cryptocurrencies?
that would be quite realstiic i wuld say, crypto is growing fast and in 20 years there will be a turning point where the whole world adopt crypto, bitcoin,okex
Re: Are there any countries that accept cryptos as an actual method of payment?
Japan , korea, the US are also taking is as a method of payment.
I dont think they will, but they will try every bit of effort to privatize crypto. cheap ass chinazi.
Bud, those are physical assets, crypto is virtue asset, unless you are storing your BTC on a cold wallet and so happen that guy know your private key, they can then steal from you.
Because they want a fair exchange of things and get rid of the taxation system, so they created BTC.
Yeah, BTC is available but the market is restricted, you gotta provide your ID to buy everything.
Re: Is it advisable to use cryptocurrency to support my favorite content creators?
defintely do that! So kind of you, as a token of appreciation, I give you this tips
Re: Do you think that cryptos such as Bitcoin would be mainstream?
I think bitcoin is already mainstream.... nothing is more mainstream than that Lol
Sent from iPhone (okex)
Sent from iPhone (okex)
I know that Electroneum does offline wallet, but why don't use okex exchange wallet?