RE:RE:RE:RE:WTI barrel to 1 BTC = 651Well, the thing that is even more odd is the negative correlation between gold and bitcoin...initally bitcoin was being touted as digital gold and a hedge against inflation and currency debasement...now they act completely opposite. Bitcoin is basically a risk-on asset, no different than stocks
lovehockey wrote: I can't believe it. Another jump for Bitcoin, as of Feb 19 1 Bitcoin can buy 952 barrels of oil. The whole ATH daily production is now probably less than 30 stupid bitcoin. What an insane world we live in.
lovehockey wrote: lovehockey wrote: Jan 6 - 1 BTC = 688 barrels of WTI
February 10, 2021 - 1 BTC = 762 barrels of WTI