BitcoinLong
Bitcoin is PURE speculation
Bitcoin's current correlation .20 with the underlying currency indicates price is mostly speculation (very low correlation to US Dollar).
While gold has a stable VERY high correlation to currency, with very little price speculation. No where near a bubble, as the speculation should decrease the correlation. Gold is money.
While gold has a stable VERY high correlation to currency, with very little price speculation. No where near a bubble, as the speculation should decrease the correlation. Gold is money.
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