Bitcoin Forum

Traders and analysts are screaming about the stock market’s “historic” first quarter. The Dow Jones Industrial Average (DJIA) – which tracks 30 of the largest American companies – has staged an epic rally since the start of the year, chalking up 12 percent.

But forget stocks. Bitcoin is outperforming the broader stock market by a huge margin. In fact, bitcoin is outperforming every stock on the Dow Jones Industrial Average.

Bitcoin Gains Leave Dow in the Dust

As you can see in the chart above, bitcoin has gained 44 percent since the start of the year. In contrast, the Dow has etched out 12 percent.

It’s still an impressive rise for stocks. Just three months into the year and the Dow has already surpassed the annual average stock market return of 10 percent.

Bitcoin’s rise in the same time period, however, makes the stock market rally look weak. On Wednesday, bitcoin carved out a new 2019 high, coming within touching distance of $5,500 on the Bitstamp exchange. It marks the peak of 44 percent bull run since the start of the year.


CCN | https://www.ccn.com/bitcoin-beats-the-dow-outperforming-every-single-stock-in-2019

I don't think that "outperforming" is the right word for BTC having a bigger gain compared to DJIA stocks at least at the present. If you look at its historical chart DJIA have not experienced any significant downward trend ever since the recession has stopped in the year 2009. While Bitcoin through its creation has been volatile all throughout its lifetime the latest bear market we experienced started at December 2017 and we still cannot confirm that we are out of it until now. So I wouldn't be comfortable saying BTC has outperformed the stock market generally.

Of course bitcoin continues to be the most important in the future by 2019 not the end of everything, and bitcoin will also be a useful currency and people will have bitcoin.

Notice this article is from a crypto news site, which obviously has a bias toward showing bitcoin in the best light. 

The truth is that the price jump we've seen in the past week or so is a very short-term movement.  Before that, bitcoin was increasing extremely slowly and only after a long period of being stagnant.  It was trading in a very tight range for quite a few months.  In addition, the stock market has over a century of history behind it, whereas bitcoin just celebrated its 10th birthday.  It's far too soon to start shouting from the rooftops that bitcoin will trounce stocks. 

What I wrote might sound like I'm betting against bitcoin, but that couldn't be farther from the truth.  I'm hoping bitcoin kills the stock market this year!

I'm not being shocked by the performance of bitcoin because it has shown some good up movement since the start of this year. It got stocked around $4750 for a long time. So what we are seeing is a movement out of that box. Welcome bitcoin and we are going to see more of 2017.

Bitcoin hit bottom right before start of the year. So please do expect quite high growth of Bitcoin in 2019.

Compared to the Dow which has been rising for a few years now, bitcoin is actually nothing, but for the first quarter of 2019, I'd say bitcoin has done pretty well on its own. The rise that we have had these past few weeks was just a short stint from the bulls and the momentum may have been lost by now considering that we haven't seen any attempts to break $5500 very recently and order books have since thinned after the last push to $5300 just yesterday. Should bitcoin continue its stellar performance just like it did on the first of April, we will really outclass the Dow for this year without even spending the whole days of 2019.

outperforming may not be the right now but i still think its true that BTC is performing well. price is much higher than the first years of BTC. though we can see the price right now isn't skyrocketing like how it did in 2017, the market is going well. but shouldn't we just compare cryptocurrencies to currencies like forex not on stocks and bonds?

Except bitcoin's market capitalisation is much smaller and as a result, moves much more easily compared to stock markets. Also, equities and currencies are simply not the same concept, and in equities, capital gains is only a part of what constitutes a trader's profit.

I don't think that this is a fair comparison, or demonstrates the superiority of bitcoin as an investment necessarily. You'd have to be entering at the perfect time to realise these types of gains, and the same thing could be said in reverse when bitcoin underperformed stocks.

That said though, in the medium to long term I would personally be more interested in keeping my funds out of shares, and diversifying more into bitcoin given the fact that adoption of bitcoin will likely outpace new share investors, and the ease of which bitcoin can be accessed compared to stocks. But in the short term, these statistics mean virtually nothing.

The development is the only way to gain the normal position again for every investment especially Bitcoin had wide opening from the people to get interested and addicted to it like and investment so if it is keeping the control of it exposure it need to be more stable with their development every time.

Well, it is just a wave which will get to increase in a very small time period. When the growth of cryptocurrency is big people easily turn towards it. From there it moves forward defeating each and everything. Particularly decentralized growth brings a large level of growth in a much higher percentage which can never happen with stocks.

For some reason, we haven't seen such reports in 2017 when BTC made almost x10 during a year and no one compared it to dow or any other stocks.
Also, BTC and dow and stocks can't be compared and have different annual percentage growth due to the different amount of risk.
And by the way there is such thing as penny stocks where you can buy a share of some shitty company that later can moon and make x10 for you. It is pretty similar to altcoin trading but it appeared many years before on traditional markets. Bitcoin should be probably compared to that part of traditional market.

Regarding the topic but getting a little out of the idea, we have some questions like: Why when the market wants a high occurs a low and when the market wants a low it occurs a high? Technically Bitcoin is coming back, but theoretically we are in the dark.

The achievement continue for Bitcoin to develop and made the milestone everytime when it go back and push forward with the huge effort in it it will put a record in every time and it will be a happiest thing for Bitcoin investors like me.

It is the reaction for everyone that you are saying the Bitcoin development is enough expert now but it again and again no one can beat it till it wanted to be stop and it make sense that we have to make the confident about our cryptocurrency that to be invest everytime otherwise it was not give your hands

It works both ways though. Last year it were the non crypto news outlets that were bragging about how legacy assets outperforming Bitcoin. It also gave them a lot of ammo to trash Bitcoin's currency and store of value aspect, because what currency and store of value tanks with +80% in such a short period of time? They referred to it as a bubble, and it actually was at that point.

I have seen plenty. It was also put against Gold's troy ounce value when Bitcoin went over the $1000 level in 2017. First it was worth as much as a troy ounce of Gold, then twice as much, etc. News outlets were really milking these events at that point. We also had a period where Bitcoin's market cap was put against that of PayPal, MasterCard, Visa, etc. There was no shortage of Bitcoin vs legacy asset reports.

Hit Bottom?
High growth of this year 2019?

Do you have that crystal ball? ;D

All are speculative ones and i dont see for Bitcoin be worthy to be compared on stocks when it comes to volatility. Each crypto
do have the chance to beat out a traditional stock when it comes to price increase but come to think it would same goes with price dumps too.

The important difference here is that Bitcoin is still down way more from its all time high than stocks are, so if you take that into consideration, the short term rise of Bitcoin isn't anything special at all.

Stock investors are mostly long term minded, which can't be said about the average crypto investor, and they have gone through a prolonged bull market due to all the freshly printed money central banks have been pumping into the economy.

Eventually the stock market will go through a prolonged bear market, but for now it seems that there is still enough money ready to buy the dips, and as long as that is the case, stocks will continue to bubble up.

in this time something is needed for the people to get cheer up and make the conference higher but the right now situation is not suitable for Bitcoin and other cryptocurrencies so if it was developed the chances of being reduced in the value of Bitcoin is easily.

It is too early to say that bitcoin outperformed the stock and that word did not accurately describe the fluctuations that occurred in bitcoin in the first quarter of this year. The stock has a long history while Bitcoin was born 10 years ago, it is still a long way for Bitcoin to outperform the stock market.

I do agree with this point of view. Though I am a bitcoin lover, but such remark is too young for bitcoin's performance. We may be seeing an artificial movement here. Too early to conclude things. I guess.

Nah, people just get too optimistic at the first sign of a possible bull run. If the stockmarket had the same volatility as bitcoin you can just imagine how much trouble we'll be in.

One of the things that must be done is always optimistic about the condition and development of bitcoin, although it is too early to compare this can happen. Bitcoin will be able to outperform the stock market, and I think shareholders will switch to bitcoin and will play well.

I also have the same point of view, with high volatility, allowing the stock to soar or vice versa. so that it is very different from the stock market which has relatively small fluctuations, because of the stability and the occurrence of market manipulation in it

Older generation will never understand the capabilities of bitcoin as an investment,they only keep doing what they have been taught for years so they are going to refuse bitcoin until it reaches very huge level in the world economic structure.Don't worry about the stock investors they will come into crypto market slowly when they understand how much they can make compared to stocks,keep yourself investing before the prices gets too high.

Optimistic will needed in trading but too optimistic will not good. If the market is down, we are an optimist that the market will get up in the future, but we need to realize that sometimes we cannot see something we want will happen shortly. So it is better if we can act base on the situations that happen in the market so we can adapt in all of these situations.

Are we entirely sure it is "every single stock", don't get me wrong I do not have any data at my hand to dispute that but it is a marvel that bitcoin went up higher than every single stock on the market. The market has been bad and on the recover at Dow as well (just like crypto) so there must have been some stocks that increased a lot as well.

Do not forget the "penny stock" type of things that went up like 100% in the recent year to date increases as well, you may think only the good stocks have not been that much but smaller stocks like pharma companies that made literally 1000%+ increases in the past 3 months as well. Bitcoin is one of the best investments of 2019 for sure but I don't think it is by far the best one so far, there are several smaller companies that went up much more.

Many countries economy is suffering from financial crisis, even the US domestic exchange market is suffering economic downtown and bitcoin is still performing greatly in terms of it price, I think it time for the world leaders to look into adopting the blockchain technology because is the best economic system free from interference.

Indeed bitcoin is a good coin, and also now bitcoin is over 5400$ and continue grow and this will happen if more people will not sell and keep buying and maybe a bull run will come sonner than expected.

I disagree with that because the market character is both very different, it also has the advantage if it has become a trend, both have their own advantages, so it's not surprising that it's good for everyone, I won't compare it for now and this is the time Bitcoin big and small surges and if the conditions are not good then the stock can be the best, so they must be aware of the trend and not be too confident when the conditions are not good then it becomes a fatal mistake.

The companies you are referring to have very likely done everything to front run the release of good sales and profits, so it's not very easy to actually tap into these ridiculously high return stocks. It's a gamble.

People always look at the positive side of the market, while there are always two sides to it. No one talks about the penny stocks that tanked +90% in quite a short period of time.

Bitcoin has long term potential, while penny stocks are penny stocks for a reason. They are way riskier than even an altcoin as Dogecoin for example. Almost every altcoin will benefit from Bitcoin increasing in value.

Penny stocks are always a gamble. They're small-cap companies that likely don't have a chance of living for long and are hoping to ride a hype train in order to generate capital gains for the company. It's like 75% of ICOs, when they were a thing. Those were almost always hard sucks of money that would never return anything of value for most investors if they didn't buy in prior to the coin being released.

As for normal stocks, those increase slowly because they have much more stable markets with companies that are far from being as volatile as Bitcoin and cryptos in general. Bitcoin has the joy of being able to move at the whim of a whale, actual companies need to justify their valuations.

But stockmarket will never be like crypto, and we are too optimistic because of the losses that we had during the bottom. The price may still the same but if you look at the transactions of bitcoin, it is still bullish because it continue to increase. Bitcoin started to pump, but its not right to say we’ve already out perfomed the stock market maybe in the future but stock market will stay as usual since it composed of top companies.

those who leave are people who are frustrated and afraid to face a volatile market. but with confidence in the future of Bitcoin and with the support of the big company, just waiting for BTC's heyday