Something else worth considering is that bitcoins outperformed the stock market and gold and silver and some currencies over the last month to three months.
Two months ago bitcoins were worth over $10. Four months ago they spiked to $30. You do know bitcoins are worth $5 today, right? I missed the part where any major stock market has fallen over 50% in the last couple of months.
The lack of correlation is a great asset though I would expect it to negatively correlate when people start to recognise it as a true safe haven currency.
How many bitcoins have you really bought? Making statements along the lines of the public realising that bitcoins are a true safe haven currency is laughable. Not even a super bitcoin bull would believe that.
Notice how I put together 3 different tradeable instruments and 2 different time horizons. I was trying to make a blanket statement for brevity without getting into specifics. For example, over the last month, bitcoin has outperformed stock market and PMs.
Not sure why my bitcoin purchases matter at all, why do you ask? I never said that people think it is a safe haven asset now, I predicted it for the future