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RE: Wall Street - Just give your money to Nigerian Princes (Part 1)

in #money • 8 years ago

This was great writing! I can't wait to see more!

Id assume that btc goes up when large economies are doing poorly? Like walmart doing well while US economy is in a slump? I forget the term for inverse relationships like that.

8 years ago in #money by
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     8 years ago 

    Thanks!
    Yes, BTC appears to move on macro economic issues. It definitely has an inverse relationship, almost a little bit like Gold. Actually, that is what I want to do a little more research on....its relationship to gold. I feel as though similar macro economic issues would drive them up demand for both.

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