They believe bitcoin is no safe haven..

[Raflesia]

In the article it is even explained that bitcoin only fell 1.9 percent but what was highlighted more was some altcoins that did decline by a slightly larger amount so it is not logical to say that linking all this as if bitcoin was the biggest but what was highlighted more was altcoin and even shitcoin.

But on the other hand I actually don't matter whether they say it's safe or not anyway in the end we who are already here realize that bitcoin is not a safe place but bitcoin is a place of risk so I will also agree if this is not entirely safe.
It's just that on the other hand it doesn't mean that the risk is not worth it because after all this still has a level of worth it that is far greater than the others, apart from those who don't want to be in bitcoin I don't think it's a problem because it's a choice so why do we debate things continuously just for a fud.

[avp2306]

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.

They look at traditional situation and think about that Bitcoin is risky volatile asset that's why they think about its not a safe haven because of that matters.

But if they look at the current condition of Bitcoin on where the level of adaption is so high and many of companies including big countries are now buying Bitcoin we can say that Bitcoin is now can be consider as that state.

Since right now we can see that Bitcoin is anti inflationary due to its fix supply nature.

[Tmoonz]

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.

They look at traditional situation and think about that Bitcoin is risky volatile asset that's why they think about its not a safe haven because of that matters.

But if they look at the current condition of Bitcoin on where the level of adaption is so high and many of companies including big countries are now buying Bitcoin we can say that Bitcoin is now can be consider as that state.

Since right now we can see that Bitcoin is anti inflationary due to its fix supply nature.

It is only certain that knowledge of things will increase and civilization will increase as well, to the the best of my knowledge the invention of Bitcoin is one among the increase in standard of living and modernization and one of the reasons for it's increasing wider spread adoption even though alot of people can be skeptical about it there are also those who has value it and placed value in it and such is life which of course it is called freedom, Bitcoin is one among the best if not the best when it comes to digital asset, if not for it's volatile nature it wouldn't have gotten to where it is today, those who understand it are utilizing it's potential benefits and shouldn't care about what others thinks or says about it.

[yhiaali3]

The fact that: gold's price rose without Bitcoin's does not mean that gold is the only safe haven while Bitcoin  not. This is not an accurate indicator for comparison.

Both Bitcoin and gold are safe havens but people in general, governments and large corporations are still unfamiliar withBitcoin, while they are quite accustomed to buying gold during such global crises.

Bitcoin has gained a strong reputation and trust as a safe haven, but in my opinion, it has not reached the desired level of global penetration. Many governments and corporations still refuse to adopt Bitcoin as a strategic reserve.

[terrific]

It is no safe haven for those that didn't invest on it.
I am not bothered if someone says that Bitcoin isn't investable. And this is the same about them telling that BTC is not a safe haven.
What's a safe haven on them? dollars? gold? silver? they can name them because that is their bias.
They want to add pressure to the other holders by making these articles and to play out with their emotion and so they will start to panic.

[_BlackStar]

Nothing is completely safe in the short term or the long term - but bitcoin seems to be better than the rest. If you believe bitcoin is a safe store of value in the long term - then hold on to that belief without underestimating the risks involved. I invest in bitcoin as a retirement fund - even if the price fluctuates in the short term, I stick to my basic plan.

I don't care what conclusions others make for bitcoin in the short term. Bitcoin is a proven investment asset that has performed well so far - but it carries risks that should not be ignored. If you really want to make bitcoin a long-term investment - then try to have enough cash reserves, for me that will help maintain balance and investment plans.

[coolcoinz]

I've been trying to explain this to people for years now that bitcoin falls with stocks not because it's not a safe haven but because people who invest in bitcoin and actively trade it are often also trading stocks.

Also, the coins that are being traded are only 10% of the total supply. The rest is in the hands of long term holders. This means that when you see bitcoin's price fall by 50% it's actually due to a 1.5m BTC being sold worldwide because that's roughly half of the global tradable supply. Everything you see is based on that tradable supply. If someone today were to buy 150k of bitcoin on a centralized exchange, the price would go to a new high. That's how little you need, which is why I don't care about price moves because most of it is leverage liquidations.

[Abiky]

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.

Bitcoin is still a safe-haven asset. It's just that the world trusts Gold more than anything else. Especially during times of crisis. I believe this will change, as Bitcoin continues to grow worldwide. Institutions are already amassing a large portion of the circulating supply. We will reach a point in the future where BTC will rise during geopolitical tensions, while Gold remains stagnant.

I'd continue to buy and "hodl" Bitcoin regardless of current market prices. As for other cryptocurrencies, I don't think people will consider them as alternative stores of value. Especially ETH, XRP, SOL, and the likes. They'll be used more like digital cash due to their inflationary design and centralized network architecture. Spot ETFs won't do a thing if the economic aspects of said coins remain the same. Let's hope BTC overcomes Gold's market cap in the long run.

[Cryptoddler]

BTC was born for this kind of situation. Even if BTC could fluctuate due to the current situation, the price will continue to go up and people will start believing in the fact that BTC is actual safe haven for our financial portfolio. It will be more valuable than GOLD for sure in my opinion.

[Luzin]

BTC was born for this kind of situation. Even if BTC could fluctuate due to the current situation, the price will continue to go up and people will start believing in the fact that BTC is actual safe haven for our financial portfolio. It will be more valuable than GOLD for sure in my opinion.

Gold's status as a reserve asset has grown to be recognized worldwide. While Bitcoin is not like gold, it is only a commodity asset. Both fluctuate, but gold is not like Bitcoin. I think this problem makes them conclude Bitcoin is dangerous. Government recognition brings the perception that Gold is better than Bitcoin. Its value has proven that Bitcoin is much more profitable as an investment. Those of us who have known Bitcoin have understood the risks and we take it as a matter of course. IMO

[Danica22]

That feels like a rushed judgment.

On the contrary, Bitcoin investors are hasty people because they do not even know and have never learned what a safe haven is, what criteria an asset must meet to be called a safe haven but can quickly conclude that Bitcoin is a safe haven.

In my understanding, an asset that is volatile, not yet globally accepted and recognized...cannot be considered a safe haven. So it is the bitcoin investors who are rushing, rashly, bending the centuries-old concept just because they want bitcoin to be a safe haven.

[Outhue]

Why did you mention all these shit coins? I mean ether, ripple and solana that you mentioned. We all know that if the price of bitcoin drops, the altcoins price will drop. Also if the price of bitcoin rise, the altcoins price will rise also. So mentioning altcoins is irrelevant unless they are not following bitcoin price.

Bitcoin is a safe haven but do not use short term speculation to make the conclusion but a long term speculation. Just check the long term chart and you will understand what I am saying.

No hates, just pure facts, these shits coins won't be shit anymore once the ETFs get approved, people gonna love it or hate it but it happens anyway, the approval odds have been increased to 90% so far.



I am into Bitcoin full time myself but I don't hate on opportunities when they present themselves, the end goal of these all is more Bitcoin in my portfolio, there is time for Bitcoin and there is time for the so called shit coins too.

No hard feelings.

[justdimin]

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

Yeah, but there are 2 million times when BTC went up, and Gold went down. These people will never mention it because they have an agenda against Bitcoin. Such people will always spew venom against crypto no matter how high it goes and how much everyone appreciates it.

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.

I guess it's not a rushed judgement but bias confirmation. You find some data that verifies your bias and you start confirming it based on that. People or organizations who don't like Bitcoins will always find the negative news to publish articles against Bitcoin.

Maybe Bitcoin is not safe heaven but then Gold is definitely not either.

[Marvell1]

I guess it's not a rushed judgement but bias confirmation. You find some data that verifies your bias and you start confirming it based on that. People or organizations who don't like Bitcoins will always find the negative news to publish articles against Bitcoin.

And it would also be biased if we declared bitcoin a safe haven because to achieve that title, it needs to prove to the world its potential. We cannot be biased and give it that prestigious title just because we are investing in it.
Gold has proven its value to the world by going through two world wars or the collapse of many empires, many economic cycles from BC until now. Meanwhile, what has bitcoin achieved and proven to the world?

Maybe Bitcoin is not safe heaven but then Gold is definitely not either.

As I said, we are the biased ones, not the rest of the world. The whole world has recognized gold as a safe haven for over 1000 years, with only a small minority rejecting it simply because what they hold is not recognized.

[Leahized]

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.

I guess it's not a rushed judgement but bias confirmation. You find some data that verifies your bias and you start confirming it based on that. People or organizations who don't like Bitcoins will always find the negative news to publish articles against Bitcoin.

Yes, it is true that many people do not like Bitcoin and try to write against it, it is true. But if Iran and Israel can reach the Battle of Iran and Israel, they are very damaged and those who were Bitcoin would often sell it. Those who are most likely about the market know that Bitcoin falls due to economic problems and a lot is down. That is why this digital coins give priority to gold instead of gold, because the price of gold falls very low means drop. However, those of us who use Bitcoin have a lot of patience and we should not be the victim of any kind of wrong news and believe. And always be careful and we should not lose faith in Bitcoin.

[Akbarkoe]

That feels like a rushed judgment.

On the contrary, Bitcoin investors are hasty people because they do not even know and have never learned what a safe haven is, what criteria an asset must meet to be called a safe haven but can quickly conclude that Bitcoin is a safe haven.

In my understanding, an asset that is volatile, not yet globally accepted and recognized...cannot be considered a safe haven. So it is the bitcoin investors who are rushing, rashly, bending the centuries-old concept just because they want bitcoin to be a safe haven.

Today if it happens like that it is normal because people who have money today they do not know bitcoin completely, so people who buy gold are not people who really understand Bitcoin, we know that boomers are quite stubborn with their experiences.

Gold has always been the main choice of many people in times of conflict therefore this is not strange for someone who knows history, but on the other hand when bitcoin is down, then why do institutions continue to buy bitcoin? are they stupid? of course not, we just don't know what they know.

[Danica22]

Today if it happens like that it is normal because people who have money today they do not know bitcoin completely, so people who buy gold are not people who really understand Bitcoin, we know that boomers are quite stubborn with their experiences.

Safe havens need to be proven and meet certain criteria. Let's see what bitcoin has?
An asset only increases in price during stable economic times and needs positive news to increase in price or is easily dumped due to fake news, manipulation...It is not yet globally accepted and regulations could be reversed at any time, or there is still a lot of controversy surrounding it...How can an asset that is going through these things be considered a safe haven?

Gold has always been the main choice of many people in times of conflict therefore this is not strange for someone who knows history, but on the other hand when bitcoin is down, then why do institutions continue to buy bitcoin? are they stupid? of course not, we just don't know what they know.

Because they speculate on it, they are also aiming for profit just like many of us. Just because they invest in it doesn't mean they consider it a safe haven. These financial institutions, companies also invest in various assets, commodities and among them are stocks, do you think that just because they invest in stocks it is also called a safe haven? Or after a while Blackrock also started investing and accumulating ETH along with bitcoin, ETH is also a safe haven just because BR invested in it?

[tygeade]

It is no safe haven for those that didn't invest on it.
I am not bothered if someone says that Bitcoin isn't investable. And this is the same about them telling that BTC is not a safe haven.
What's a safe haven on them? dollars? gold? silver? they can name them because that is their bias.
They want to add pressure to the other holders by making these articles and to play out with their emotion and so they will start to panic.

Yep. Sometimes it's people who missed out on bitcoins early who cannot digest the success. Now they missed out on it early, all they can do is speak ill about it and hope others believe their shit.

The community here has seen bitcoins rise from $0.01 (10k btc for a pizza) to now where you can buy all the pizza chains combined for 10k bitcoins. If anyone still doubts the potential and future growth, it's better they exit now and buy gold lol. There was a term shitcoins used "paper-hands" for those who panic early and sell, that was just a term they used to make people hold by making them feel bad. But people who call bitcoins a bubble or not safe heaven are the real paper-hands because despite proven enough times, they still doubt it.

[mirakal]

Early judgments come from those who are not investing in crypto. We don't wonder why they are saying this because they don't understand how the volatility of the market works. What they look at is what is happening now, but they are too blind to see the future possible price surge. Bitcoin is not yet known for its potential globally. Many remain uncertain about its future. But despite this, it continues to grow, and these people who think negatively will soon open their blind minds and accept reality.

[Swordsoffreedom]

Early judgments come from those who are not investing in crypto. We don't wonder why they are saying this because they don't understand how the volatility of the market works. What they look at is what is happening now, but they are too blind to see the future possible price surge. Bitcoin is not yet known for its potential globally. Many remain uncertain about its future. But despite this, it continues to grow, and these people who think negatively will soon open their blind minds and accept reality.

I invest in bitcoin and believe in its future. I believe it can bring me significant profits, I have no doubts about bitcoin. But I have to admit, bitcoin is not a safe haven  yet.  Bitcoin can  be an investment, a potentially high-yielding asset, or an inflation hedge…all of these are true, but it is not a safe haven yet. Bitcoin is  too young, it needs more time and we need to accept that fact.

This may change in the future as it matures and becomes more stable , but at the moment it cannot  be called a safe  haven in the  traditional sense like gold.