They believe bitcoin is no safe haven..

[Sanitough]

Can’t really blame them since it’s just a short-term movement but they’re already making big comparisons. I’m not expecting too much when comparing Bitcoin to gold, since obviously, gold has stood the test of time and is already a proven safe haven, unlike Bitcoin which is still building that reputation.

But when it comes to flexibility, Bitcoin should eventually take the lead. You can carry it easily, spend it instantly, and more and more businesses are starting to accept it. That’s where its real advantage will show in the future.

[AmoreJaz]

Can’t really blame them since it’s just a short-term movement but they’re already making big comparisons. I’m not expecting too much when comparing Bitcoin to gold, since obviously, gold has stood the test of time and is already a proven safe haven, unlike Bitcoin which is still building that reputation.

But when it comes to flexibility, Bitcoin should eventually take the lead. You can carry it easily, spend it instantly, and more and more businesses are starting to accept it. That’s where its real advantage will show in the future.

If you are not very aware of  this market, gold would be your better choice. It has been with the humanity since time immemorial. It is like you can't go wrong when you talk about gold asset. Whereas, digital currency is just more than a decade old. And if you are not well-versed in this market, you can easily liquidate your position, just like exploring futures market when you are just new in this market.
For most traditional investors, they would go for gold and that's their prerogative to do so. For those who are already in crypto market, they would surely suggest to add btc in your portfolio, which is actually good if you know the market well. There's no need for someone to convince you to invest in this market because you will do it on your own already. That's the idea here. If you know the market so well, there's no need for others to push you on investing because you have your own will where to put your money into.

[Botnake]

First, what do you understand by a safe haven? Second, safe havens or hedges against inflation need to be proven and verified, not just declared by a group of people and automatically become safe havens.

Gold has proven itself to be a safe haven as it has existed for thousands of years, through world wars, the great depression, economic collapse...it has proven its value to the world and won global trust.

How can an asset that depends solely on positive news or approval from a major country to increase in price become a safe haven?

We all get there, bitcoin can hardly be seen as a safe haven, but if you are actually taking a risk, does safe haven still vital in the end? For me, as long as there are great risks involved, that won’t never be a safe haven.

But take a look of those highly successful investors right now, they don’t settle for less risky investments and prioritize if it turns a safe haven in the end, but they prefer insisting into bigger risks because once it works, the outcome will be massive, that leads into a life-changing opportunity and profits.

[death69]

Look, if we’re boiling “safe haven” down to which line went green when bombs dropped, then we’re not having a real conversation. People often check market prices and think they are getting the full story. When world events happen, gold usually increases in value, Bitcoin sometimes decreases, and the media quickly reports these changes. But safe haven appears through repeated resilience and steady performance in various events and crises.

Nobody’s got faith in the syste, that’s why the gold bugs are so loud. Bitcoin gives people a way to control their own money, separate from national currencies or central authorities. If you want the comfort of gold, you want the comfort of the old world (paper, vaults, central banks pretending to have your back). If you want something else, something immune to borders and capital controls and the whims of men with bombs, then Bitcoin is it. Not flawless, not perfect, not yet. But show me anything born in 2009 that is.

The investors are exploring the possibilities of Bitcoin as a protection, and the journey is still unfolding. During a real liquidity crunch, everything sells off. Gold got there by outlasting, and Bitcoin is just getting started. Short-term fear is noise. The test is longevity.

Is it really the future of money based on 48 hours of geopolitical mayhem? Or are we desperate to find easy solutions in a world that no longer makes sense?

[stadus]

Bitcoin trading at $104K right now isn’t really a big deal. Of course, gold is still the safer option, so comparing it to Bitcoin doesn’t always make sense. They’re two very different assets.

Bitcoin is a high-risk investment, so you can’t call it a true “safe haven” where your money is 100% protected. The volatility is still very much there, big dumps can happen at any time. So it’s not for everyone but It’s for people who truly believe in its long-term growth and understand how to look past the short-term noise, including the fear of a market collapse.

[DanWalker]

A 1% increase in gold isn’t exactly a strong sign that investors are heavily putting their money into it, maybe just a small shift. As for crypto or Bitcoin dropping during this ongoing conflict, that’s understandable. In my opinion, investors still tend to choose gold over crypto for now.

But at least we have Bitcoin, which could serve as a hedge against inflation in the long run. If the situation gets worse, hopefully not, we might eventually see money start flowing into Bitcoin. One day, we might just wake up to a sudden 10% pump or more, which is pretty normal in the crypto market.

Meanwhile, gold moves 1% and experts already treat it like a major event.

You need to look at market cap, 1% of 22 trillion is equivalent to or even greater than 10% of 2 trillion. That means when gold price increases by 1%, gold market capitalization increases by 220 billion, while for capitalization to increase by 220 billion, Bitcoin would need to increase by more than 10%.

That is also the reason why rich people own millions, billions of dollars and only need to invest in gold, stocks...assets that are said to increase in price less than bitcoin. But they will also make huge and much larger profits than bitcoin investors with just a few thousand or a few hundred thousand dollars in capital.

[milewilda]

Bitcoin Price Tumbles as Gold Rises. Why Crypto Is No Haven.

Israel launched a wide-ranging strike on Iran overnight, targeting the country’s nuclear program and military leadership. Oil prices jumped and markets fell. Futures tracking the S&P 500 were down 1.4% early Friday morning.

Ether and XRP were down 7.1% and 3.7%, respectively. Solana plummeted nearly 9%.

Gold, the ultimate haven asset, rose 1.1%.

I’m pretty sure we’re all aware of what’s happening between Israel and Iran right now, and because of that conflict, there’s been a major impact.

But as this article points out, gold went up, while Bitcoin and other cryptos didn’t.

So now they’re concluding that Bitcoin isn’t a safe haven, just because of a short-term price drop? That feels like a rushed judgment.

Only newbie investors or traders do make out these kind of sentiment on which if the price had made out some simple drop on which they would already be freaking out at the time it do happens. For those who have been here on this market for a while now or been on couple of years then they would definitely say that there's no such thing about safe haven. Just like on those traditional investments on which we do have that risks and its normal and it would be just that delusional of you if you would be thinking that investing on Bitcoin is exempted. Well, you cant be able to blame out people on why they are that too optimistic about Bitcoin investment just because it brings out that potential about making profits on which this isnt that something that could be bring by other investments out there and thats what make it that interesting and attractive. The main issue on here is that whenever someone do made out such decisions is that they've been that becoming that not be able to think up well about on the risks involved. We do know that on the moment that you do touch up this crypto space then always be considerate about on the risks factor that involves volatility which means that it could pump at the moment and it would drop into the next minute or hour or days etc.. Speaking about fundamentals or news then we do know that it could neither be that highly reactive or not on which it will be basing up whether the news to be positive or negative. Everything is random and there's no assurance that it could give out that 100% effect basing up whether it would be positive or negative. There are just that those times that it do make out some effect but there are also those times which are not.

[Proty]

Bitcoin trading at $104K right now isn’t really a big deal. Of course, gold is still the safer option, so comparing it to Bitcoin doesn’t always make sense. They’re two very different assets.

Bitcoin is a high-risk investment, so you can’t call it a true “safe haven” where your money is 100% protected. The volatility is still very much there, big dumps can happen at any time. So it’s not for everyone but It’s for people who truly believe in its long-term growth and understand how to look past the short-term noise, including the fear of a market collapse.

I disagree with you on this, although everyone is entitled to his or her opinion. Thinking that bitcoin is not a safe heaven that price will dump one day to me this are words of those that doesn't have an understanding of where bitcoin is heading and also they fail to appreciate bitcoin for it's potential. So many are living in regret for ever doubting a potential coin like bitcoin and while many are still entertaining the idea that bitcoin will dump to the point that it will become a dust like some shitcoin. I believe bitcoin is a safe, it has proven to be a good store of value and also a hedge against fiat inflation.

[BenCodie]

So now they’re concluding that Bitcoin isn’t a safe haven, just because of a short-term price drop? That feels like a rushed judgment.

To be expected. One of the motivations of banks and institutions buying cryptocurrency was probably in attempt to interfere with Bitcoin's market and the perception that it is some sort of hedge or safe haven from a failing fiat monetary system/troubled global economy.

[Z-tight]

I disagree with you on this, although everyone is entitled to his or her opinion. Thinking that bitcoin is not a safe heaven that price will dump one day to me this are words of those that doesn't have an understanding of where bitcoin is heading and also they fail to appreciate bitcoin for it's potential.

BTC is obviously a volatile asset, one that can lose ~ 20-30% of its value in a very short time, it happens and would probably happen again. I don't know what you take as 'dump', take note that a fall in price does not mean BTC is falling to zero or losing 80% or 90% of its value. The truth is that BTC's price is volatile, especially in the short term and that's not arguable.

while many are still entertaining the idea that bitcoin will dump to the point that it will become a dust like some shitcoin.

The number of such people who think like this reduces everytime, that is why you hear stories of people who hated BTC before, but now are acquiring it, and institutions and countries that called BTC a bubble now setting up their own BTC reserves.

I believe bitcoin is a safe, it has proven to be a good store of value and also a hedge against fiat inflation.

I believe so too, in the long term. But gold is a more stable store of value and we can't compare BTC to it, YET.

[henry_of_skalitz]

So now they’re concluding that Bitcoin isn’t a safe haven, just because of a short-term price drop? That feels like a rushed judgment.

To be expected. One of the motivations of banks and institutions buying cryptocurrency was probably in attempt to interfere with Bitcoin's market and the perception that it is some sort of hedge or safe haven from a failing fiat monetary system/troubled global economy.

Volatility is part of the process, and I think most already got that part from Bitcoin's chart.

If they can't withstand the waves, they can't swim in the ocean

[michellee]

That will not be a problem because they think that they still have gold as a safe haven. We can still use Bitcoin as before but we can also use gold as a safe haven. It is personal decision and no forcing to decide. But I believe Bitcoin is a safe haven for me for a long term and I also use gold too so I have more assets.

If Bitcoin price is down, the altcoins follow because Bitcoin lead the crypto. It will be no problem if Bitcoin is down and gold is up so you don't have to worry.

[BitGoba]

A member of the famous Rothschild banking family stated in 1863:

“The few who understand the system will either be so interested in its profits, or so dependent on its favors, that there will be no opposition from that class.
Meanwhile, the great mass of people, mentally incapable of grasping , will bear its burden without complaint  and perhaps even without realizing the system is working against their own interests.”

This perfectly describes what’s happening today.

Wall Street and others who benefit from the current monetary system don’t want Bitcoin, and they don’t need it they exploit the system as it is.
Bitcoin is a lifeboat and a safe haven for the plebs, for the average person seeking protection.
And just like they did with gold for centuries, the financial oligarchy will try to sabotage, suppress, or capture Bitcoin to protect their position of power.

[melinoe]

That will not be a problem because they think that they still have gold as a safe haven. We can still use Bitcoin as before but we can also use gold as a safe haven. It is personal decision and no forcing to decide. But I believe Bitcoin is a safe haven for me for a long term and I also use gold too so I have more assets.

If Bitcoin price is down, the altcoins follow because Bitcoin lead the crypto. It will be no problem if Bitcoin is down and gold is up so you don't have to worry.

Bitcoin is the future - a future with more potential and possibilities than what the traditional world offers.

And it cannot be ignored, not for long, that is, before you see why it's so important and great

[fuguebtc]

I believe bitcoin is a safe, it has proven to be a good store of value and also a hedge against fiat inflation.

Note that safe haven and inflation hedge are two different concepts, they are not the same. A high yielding asset/investment can be considered an inflation hedge but that does not mean it is also a safe haven.

With high volatility, still very low liquidity, not really legal globally, less than 10% of the world's population knows about it...how can Bitcoin be called a safe haven?
Bitcoin is a potential investment because it has the potential to be highly profitable, a long-term inflation hedge, but is not yet a safe haven.

[Orpichukwu]

So now they’re concluding that Bitcoin isn’t a safe haven, just because of a short-term price drop? That feels like a rushed judgment.

Feels like a rush judgment? That's exactly what it is; anyone who's waiting for your downfall will not want to wait until you are down to the ground before they will make a scene out of it. It was as if the article writer was waiting for that moment to use it to conduct his analysis while he or she thinks gold is superior to Bitcoin, but that's his own opinion, and if he's ready to judge Bitcoin by one war effect on the price, he should also not hesitate to link his entire life growth to his past failures.

[SATWAT]

That will not be a problem because they think that they still have gold as a safe haven. We can still use Bitcoin as before but we can also use gold as a safe haven. It is personal decision and no forcing to decide. But I believe Bitcoin is a safe haven for me for a long term and I also use gold too so I have more assets.

If Bitcoin price is down, the altcoins follow because Bitcoin lead the crypto. It will be no problem if Bitcoin is down and gold is up so you don't have to worry.

A good point because having balance always improve your safety and chances of getting better profit those are not happy with Bitcoin they still can go with Gold because for them its better and safe heaven but many those are involved in this and also have confidence they are surely happy with bitcoin.
Currently, Bitcoin is having good stability even few conflicts and things are hurting its confidence level but most chances now things will be on good level and price will be also stayed around $100K or above no fear about this just some trying to have hype because many wants to buy this but on low price.
Demand is increasing which is important always few altcoins always follow bitcoin price for having fluctuation but most chances nothing negative will be going to happen with market in near future while price could be also stayed on good level.

[nemesis_incarnate]

So now they’re concluding that Bitcoin isn’t a safe haven, just because of a short-term price drop? That feels like a rushed judgment.

Feels like a rush judgment? That's exactly what it is; anyone who's waiting for your downfall will not want to wait until you are down to the ground before they will make a scene out of it. It was as if the article writer was waiting for that moment to use it to conduct his analysis while he or she thinks gold is superior to Bitcoin, but that's his own opinion, and if he's ready to judge Bitcoin by one war effect on the price, he should also not hesitate to link his entire life growth to his past failures.

Fudsters gonna fud.

Just as FOmers are going to FOMO as soon as BTC goes to a new ATH

[Solokan]

indeed, with the conflict between Israel and Iran, it certainly has a negative impact on BTC and Altcoin because of course not a few people are moving their assets to gold, so it's no wonder the price of gold has increased. but if I personally see the conflict between Israel and Iran, it certainly doesn't have much of an impact, the proof is that currently the price of BTC is still in the range of $106k and in my opinion this shows that BTC is still in a safe condition because the price is not less than $100k.

in my opinion, BTC is a safe haven as long as the internet still exists in this world, even though war always exists. but gold is also certainly a safe haven because if you buy and sell gold, of course, even without the internet, it is possible, of course, in this case I am neutral because I invest in gold and also invest in BTC.

but yes of course btc certainly has more advantages than gold in my opinion if in the digital era like today because of course if investing in gold only has a hedge against inflation but if in btc is more profitable because the price always goes up high and now the proof is that btc is very high and of course people who invest in btc are more profitable now compared to investing in gold. yes since the past wars in this world have always happened but the proof is that the price of btc is increasing and I am also sure that btc will continue to rise even though wars always exist in this world.

[henry_of_skalitz]

indeed, with the conflict between Israel and Iran, it certainly has a negative impact on BTC and Altcoin because of course not a few people are moving their assets to gold, so it's no wonder the price of gold has increased. but if I personally see the conflict between Israel and Iran, it certainly doesn't have much of an impact, the proof is that currently the price of BTC is still in the range of $106k and in my opinion this shows that BTC is still in a safe condition because the price is not less than $100k.

in my opinion, BTC is a safe haven as long as the internet still exists in this world, even though war always exists. but gold is also certainly a safe haven because if you buy and sell gold, of course, even without the internet, it is possible, of course, in this case I am neutral because I invest in gold and also invest in BTC.

but yes of course btc certainly has more advantages than gold in my opinion if in the digital era like today because of course if investing in gold only has a hedge against inflation but if in btc is more profitable because the price always goes up high and now the proof is that btc is very high and of course people who invest in btc are more profitable now compared to investing in gold. yes since the past wars in this world have always happened but the proof is that the price of btc is increasing and I am also sure that btc will continue to rise even though wars always exist in this world.

Crypto market cannot be a safe haven in general because it is affected by the same things investors are affected on the broader markets, surely, BTC will prevail - but not without being hit in the short-term perspective.