GeorgeVeritas

95% Opposite correlations with BTC in USNBT

BITTREX:NBTBTC   Nubits / Bitcoin
This is only one coin which i can found, that have 95% negative correlation with BTC             . All life of this coin is down trend, with huge spikes. No matter how you gonna move chart or zoom in or out, there strength mirror.
@MVPMC you better control you comment, fool is you , your word = zero! No one care what you say and try to say, you just joker , who talk some funny stuff! Go grow up, and than back when be ready.
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NBT is manipulated to always be worth around $1 using 100 BTC buy/sell walls on Bittrex; therefore, it has a negative correlation with BTC.
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GeorgeVeritas Robbsalad
@Robbsalad, why this coin be hated? its all way down and daily spikes is crazy long.
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Robbsalad GeorgeVeritas
@GeorgeVeritas, No idea, I love it...perfect hedge against bitcoin.
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One is BTC / USD
One is NUBITS / BTC

You have opposite correlation because you divide nubits with btc.
this can be done with everything.

Compare nubits/USD with BTC/USD.
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good find
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hows this possible...
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MVPMC SeanWevers
@SeanWevers, he divides with btc, offcourse there is opposite correlation, its how math works
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@MVPMC, you can compare another coin, they will have different movements. Completely different! This one if making mirror move against BTC. And how we can compare coin/$ if don’t have the pair like this? Or ? You can find and proof your idea with another coin. And we will discuss it later!
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MVPMC GeorgeVeritas
@GeorgeVeritas, The opposition is caused by dividing one by the other. Lets say you compare BTCUSD and EURBTC. it will be perfectly opposite, with the differency on either side EURUSD and USDEUR.
Which is a small differency, because usd and eur are very stable.
If you compared USDBTC and USDnubits, the will have a common ground, from there you can compare.
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