I wrote Python code which shows Correlation between NASDAQ price, Corn and Gold(Corr=0.945). Corn and Gold are best mix I have found. https://gist.github.com/Kouhei-Takagi/a1a9b073f6cd6dacb7eb1ea871d8fd3c I changed some important parts. https://gist.github.com/Kouhei-Takagi/5becaf7c3a24d63ac9c56856e81297f2
2017/11/26. Bitcoin: Party before ending
It seems nobody thinks that bitcoin has value enough to price. Bitcoin’s price is standing on popularity by end buyers.
I don’t think they are foolish or crazy, I only think them as greed.
I hope that end buyers keep on buying bitcoins till I start the selling position for stocks. I am not ready for it!
And I think that bubble is caused by 3 reasons, monetary easing, new technology & popularity. These 3 reasons are fading away for the bitcoin.
I remembered that many Japanese laughed at previous USA’s real estate bubbles, but now many people pointed at Japanese bitcoin bubble. The world is fun.
Comments
Post a Comment