The Decentralized Future

Re:The Decentralized Future by tardygrad on Wednesday February 14, 2018 @07:39PM (#16380968)

> Chris Burniske and Jack Tatar suggest that crypto assets have low/negative correlation with traditional asset classes

The DJIA and Bitcoin charts seem well correlated, at least over the past month: DJIA: https://www.marketwatch.com/investing/index/djia Bitcoin:https://bitcoincharts.com/charts/bitstampUSD#rg30ztgCzm1g10z...

In my opinion people treat it as they would any speculative asset.

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Re:The Decentralized Future by freejulian on Wednesday February 14, 2018 @11:01PM (#16381817)

Huh? You can’t cherry pick your data and claim something is “well correlated”. Well researched data shows bitcoin has no correlation to any exising asset class which is why it’s a great risk reducer to add to a portfolio.

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Re:The Decentralized Future by acjohnson55 on Wednesday February 14, 2018 @11:28PM (#16381903)

Your retort would be more convincing if you linked to some sources.

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Re:The Decentralized Future by freejulian on Wednesday February 14, 2018 @11:32PM (#16381914)

https://www.signalplot.com/what-is-bitcoins-correlation-with...

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