This is probably the stupidest post of the months, and morons Liked it.
How so? NDX down 5%, BTC down 5%. You are 2 years late...
How so? NDX down 5%, BTC down 5%. You are 2 years late...
What impressed me today...
- Thread starter The_Krakenite
- Start date
crypto is not related to tech. It's another commodity altogether.
ETH still hovering just below the 3K marker at the moment. Considering all the downward pressure last week, not to mention the bad news about the Merge being delayed for at least another 3 months... it has held pretty well (knock on wood for Black Monday tomorrow, haha).
Waiting, waiting, and waiting for my Ethereum ETFs to pay staking dividends this year. I suspect this is a big reason the community voted PoS to take priority over Sharding upgrades.
Waiting, waiting, and waiting for my Ethereum ETFs to pay staking dividends this year. I suspect this is a big reason the community voted PoS to take priority over Sharding upgrades.
The correlation is remarkable. On weekends, looks like BTC would prefer to drift upwards. There's a chart out there though that suggests despite the correlation, ETH is outperforming. I did a quick check and found nine out of ten days correlated, but every once in a while ETH completely ignores the downward trend of equities and get's a nice injection instead. If it's true equities have been a hedge against inflation (going straight up as they've been printing dollars since 2008), then it would make some sense that equities would be correlated with the very best hedge against inflation, crypto. And it would make sense crypto would outperform as more people realize it's the better haven.