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[pooya87]

BTC is actually following the stock market. Investors are happy to get profits during the bull run, but it is still a risky investment. Once a serious crisis happens, people will cash out their bitcoins right away.

Which stock market? There are about 200 countries in the world and almost all of them have a stock market!

I also don't think you have ever compared bitcoin charts with the stock market stats! If you did, you'd realize that although there are coincidences and some random simultaneous panic sells there has never been any "following" involved. For example the biggest similarities happened during the 2020 pandemic where stock market crashed and bitcoin crashed also. But then bitcoin recovered very quickly while stock market continued crashing. Then bitcoin passed its previous price (before the crash) while stock market was struggling and finally bitcoin set a new ATH while stock market was having a tiny recovery.
I don't know how anybody calls this "following stock market"!!!

[Poker Player]

BTC is actually following the stock market. Investors are happy to get profits during the bull run, but it is still a risky investment. Once a serious crisis happens, people will cash out their bitcoins right away.

Which stock market? There are about 200 countries in the world and almost all of them have a stock market!

I don't know if you are being ironic but it is clear that he is referring to the US stock market, whose reference index would be the S&P 500. Although there are some stock markets in emerging countries that are not so closely related, normally what happens in the US stock markets affects the rest of the stock markets. It is often said that if the U.S. catches a cold, the rest catch the flu.

About the rest of what you say, I completely agree.

[Beerwizzard]

BTC is actually following the stock market. Investors are happy to get profits during the bull run, but it is still a risky investment. Once a serious crisis happens, people will cash out their bitcoins right away.

Which stock market? There are about 200 countries in the world and almost all of them have a stock market!

I also don't think you have ever compared bitcoin charts with the stock market stats! If you did, you'd realize that although there are coincidences and some random simultaneous panic sells there has never been any "following" involved. For example the biggest similarities happened during the 2020 pandemic where stock market crashed and bitcoin crashed also. But then bitcoin recovered very quickly while stock market continued crashing. Then bitcoin passed its previous price (before the crash) while stock market was struggling and finally bitcoin set a new ATH while stock market was having a tiny recovery.
I don't know how anybody calls this "following stock market"!!!

You joking...
Probably the one that have volumes. In modern world it is generally US companies and for the time being they feel grate. Stock market is currently at its ATH. During the bull trend it is easier for crypto to get more investments. However, crypto is still mainly considered as risky asset and during hard times investors are liquidating such positions.

[so98nn]

This is crazy, bitcoin averaged 4000+ in percent hike over the five years. That’s just crazy asset anyone ever created. Now just tell me why should we be selling our coins at this point. This table just made me more enthusiastic about the future of crypto currencies. If we skip to the good part then this is gonna go up and we could simply bag 4K May be 2k percent profit in the coming five years. Though with the time more crypto investors will hop in but let’s just say the count stays the same then also thousand percent hike is not a big deal over next 5-6 years. If they still think it’s a bubble then they should just check this comparison.

[pooya87]

Stock market is currently at its ATH.

ATH was on December last year, it has been dumping ever since (about 15% down actually).
The rise itself is a sign of inflation not their growth. The ridiculous amount of money they printed during the pandemic is slowly showing its ugly face everywhere. They have been pumping a lot of it into the stock market to keep it up and slow down the economy's crash while price of everything soars.

During the bull trend it is easier for crypto to get more investments.

I don't know about crypto but bitcoin has been rising consistently over the past 13 years and only a tiny portion of it has been stock market bull run, the majority of it was it dumping.
Shitcoins only attract investment when bitcoin is closing in a bubble. Which is why we never had an altcoin pumping season (bitcoin didn't reach bubble this time). Which again has nothing to do with stock market.

[Beerwizzard]

ATH was on December last year, it has been dumping ever since (about 15% down actually).
The rise itself is a sign of inflation not their growth. The ridiculous amount of money they printed during the pandemic is slowly showing its ugly face everywhere. They have been pumping a lot of it into the stock market to keep it up and slow down the economy's crash while price of everything soars.

There was no serious correction since ATH so we can still say that market price is still pretty close to ATH. Stock prices may be evaluated by multipliers and they are not showing anything bad.
The pandemic was a problem, but the issue i not a money printing. Pandemic caused a few economic shocks, it significantly changed the demand and at the same time disrupted the existing supply chains. What we see as inflation was not caused as money printing.

During the bull trend it is easier for crypto to get more investments.

I don't know about crypto but bitcoin has been rising consistently over the past 13 years and only a tiny portion of it has been stock market bull run, the majority of it was it dumping.
Shitcoins only attract investment when bitcoin is closing in a bubble. Which is why we never had an altcoin pumping season (bitcoin didn't reach bubble this time). Which again has nothing to do with stock market.

Well, main BTC growth happened years after 2008 when a serious crisis was far behind. Bitcoin could never face a serious crisis on a stock market. And during its entire existence it never happened that during serious problems on traditional market we could see booming crypto prices or someone releasing any serious projects. Usually during hard times investors consider crypto investments too risky.

[FanEagle]

There was no serious correction since ATH so we can still say that market price is still pretty close to ATH. Stock prices may be evaluated by multipliers and they are not showing anything bad.
The pandemic was a problem, but the issue i not a money printing. Pandemic caused a few economic shocks, it significantly changed the demand and at the same time disrupted the existing supply chains. What we see as inflation was not caused as money printing.

People do not want to hear this, and it is so important. When you say we are not that far away from ATH, it is not even 50% dropped yet, people keep asking how is 40% or so drop not bad, and how is that close to ATH. But they do not realize that for bitcoin, going up like that is nothing at all. We were under 30k back in September or something, and we reached 68k in October.

It took us less than 15 days to reach from 50%+ lower, to breaking it again and reaching higher. So if you ask me, I agree that you should be considering this price close enough for trying another ATH attack. However I do not think that it would matter at this point because not that many people believe it currently.

[pooya87]

There was no serious correction since ATH so we can still say that market price is still pretty close to ATH. Stock prices may be evaluated by multipliers and they are not showing anything bad.
The pandemic was a problem, but the issue i not a money printing. Pandemic caused a few economic shocks, it significantly changed the demand and at the same time disrupted the existing supply chains. What we see as inflation was not caused as money printing.

I'd say 15% dump by stock market standards is a serious correction.
You are right that the pandemic caused a lot of issues for the economy but the money printing was also a major problem on its own. It is like economy was facing a crisis and they tried saving it by printing a lot of money that historically has only caused more problems in long term.