Surely! Bitcoin is behaving more like stocks.

[CTO114]

As the adoption of Bitcoin increases, persons are inclined to treating it more like an investment (asset) rather than a currency, just like people do with stocks. Not just individuals, companies do hold Bitcoin and trade it as equities.
The more Bitcoin is held and traded like an asset, the more it mirrors the characteristics of stocks.

What we're seeing today is just some skim similarities. Would Bitcoin someday have exactly as stocks as institutions buy more?

[BIT-BENDER]

You can't stop people from trading Bitcoin or seeing it as an asset, and because of the fact that Bitcoin is steadily trusted investment in terms of giving investors good ROI, Bitcoin will always serve as an investment opportunity to other people. Although for me Bitcoin is more than an investment plan I strongly believe Bitcoin will stand out ahead of other currencies in the financial sector but if any investors understands the risk and benefits of investing in Bitcoin then it's their choice to do what the want.

[Gozie51]

Whether people are now seeing bitcoin as a asset is not debatable, at least we now see the increasing number of institutional hodling which is a sign that companies are now investing seriously on it. The last time I know of strategy btc hodling last month is 640,031, this is huge and surely a sign that they are not ready to sell anytime soon, meaning they see it as investment and asset that they can hodl on to like physical properties acquired. More like gold, silver or company stocks, bitcoin has given more guarantee to be a global asset for investment to all.

[Donneski]

Of a true, many investors are already begining to see Bitcoin that way. The more institutions get involved, the more Bitcoin moves like a stock and that's because they have same kind of trading patterns and same investor mindset. But at the end of the day, Bitcoin still stands apart. It’s not backed by any company or government; it’s purely driven by demand and scarcity. That’s what keeps it different from every other asset out there, no matter how much it starts behaving like one.

So regardless of how people see Bitcoin, it'll not change the fact that Bitcoin is more than just investment.

[cr1776]

They aren't treating it as an investment, there is some portion treating it as a trading asset.  An investment is something you buy and hold for long periods.  The same thing happens with stocks, while many people treat them as investments, a large enough percentage treat them as something to gamble with when they trade and then they are much more volatile.

[Dunamisx]

We may decide to choose that bitcoin has a similar characteristic like that of the stock markets, because t=its an asset and also a profitable one, but we should not be misled to believe its the same as stocks, there are lots of traits we could use in comparing them to each other, but they are not the same and bitcoin as of its performance standards has more prospect to increasing value and profitability even than majority of the stock markets, because bitcoin as of today is our digital gold.

[Mrbluntzy]

I don't agree with the opinion that Bitcoin is behaving like stocks, stocks are centralized company who decides to list their company on stock exchange so they can raise more capital for their company, at the end of the day, a company's stock can still perform very poor and leave investors with nothing, but Bitcoin is a decentralized currency that you can use to make purchase (p2p transactions) and it is also a store of value which you can buy, hold and it becomes an asset to you that increase potentially in value over time. Bitcoin is not like stock because a company can decide to delist their stock on the stock exchange but Bitcoin can be bought or sold with common p2p transaction even if it gets delisted from the centralized exchange that it is currently trading on.

[pawanjain]

As the adoption of Bitcoin increases, persons are inclined to treating it more like an investment (asset) rather than a currency, just like people do with stocks. Not just individuals, companies do hold Bitcoin and trade it as equities.
The more Bitcoin is held and traded like an asset, the more it mirrors the characteristics of stocks.

What we're seeing today is just some skim similarities. Would Bitcoin someday have exactly as stocks as institutions buy more?

People are buying bitcoin as a safe haven. More like digital gold, we could say better in fact.
We can already see the supply going lower on crypto exchanges which says people are preferring to hold it instead of trade it.
But yeah, there will be people selling their coins then and there which is why you might think its mirroring stocks but it isn't.
Bitcoin has it own characteristics which derive the price.

[casey15]

As the adoption of Bitcoin increases, persons are inclined to treating it more like an investment (asset) rather than a currency, just like people do with stocks. Not just individuals, companies do hold Bitcoin and trade it as equities.
The more Bitcoin is held and traded like an asset, the more it mirrors the characteristics of stocks.

What we're seeing today is just some skim similarities. Would Bitcoin someday have exactly as stocks as institutions buy more?

Normally Bitcoin is supposed to be a currency which implies that it should be used to purchases and day to day transactions.. while this is still happening, it has some limitations due to it high volatility.. That is the reason it is been treated as an investment asset rather than a currency.. The high volatility gives room for profit making... and who wouldn't want to make Maney from that?
 The volatility is the reason why it is being treated as an investment asset rather than a currency

[arabspaceship123]

If investors trade Bitcoins like stocks you say the investor is trading. Bitcoin is not behaving like stocks because it is not a stock it is a digital currency. Bitcoin is used for P2P payments. Stocks are not sent P2P. Bitcoin is volatile compared to stocks. They are behaving different. Bitcoin is not behaving like stocks.

[Fivestar4everMVP]

As the adoption of Bitcoin increases, persons are inclined to treating it more like an investment (asset) rather than a currency, just like people do with stocks. Not just individuals, companies do hold Bitcoin and trade it as equities.
The more Bitcoin is held and traded like an asset, the more it mirrors the characteristics of stocks.

What we're seeing today is just some skim similarities. Would Bitcoin someday have exactly as stocks as institutions buy more?

Even now, I personally feel that Bitcoin has become more of an asset that people choose to invest in, rather then buy and spend it like a normal currency, this is why bitcoin was given or nicknamed "internet gold", I believe we all know what investors do with gold, they buy and hold for the long term, and only sell it when the price must have doubled, tripped or even quadrupled..

This is exactly how most (if not all) bitcoin investors are treating bitcoin today including the institutions and large corporations buying it.
And personally, I think this is good as it has contributed greatly to the overall success of bitcoin, as well as its value have grown exponentially way more than most of us expected it would be by now, so for me, I think what ever is working for Bitcoin should be sticked with, if bitcoin is doing better as an asset rather than a currency, then let it remain an asset.

[neutr0n]

Yeah Bitcoin isn't much of a "digital currency" as it was back in the day.

[yhiaali3]

I hate it when people view Bitcoin as just a profitable long-term investment asset. This detracts from the purpose for which it was created.

I hate it when people forget the unique features Bitcoin offers, such as its decentralized peer-to-peer payment method and its privacy. They forget that when you have Bitcoin in your wallet, you actually own your money.
People forget all of this and buy Bitcoin shares in centralized ETFs, when in reality, they own nothing.

[Odogwu-Blockchain]

They aren't treating it as an investment, there is some portion treating it as a trading asset.  An investment is something you buy and hold for long periods.  The same thing happens with stocks, while many people treat them as investments, a large enough percentage treat them as something to gamble with when they trade and then they are much more volatile.

The majority of people that treated it as an asset is too many than transactions, you could see everywhere in the internet where people talking about Bitcoin investment here and there, the statistics is far more different. For many years I've been in the space, I've treated Bitcoin to be an asset where I withdraw profits regularly than transactions. I barely.

[coolcoinz]

I hate it when people view Bitcoin as just a profitable long-term investment asset. This detracts from the purpose for which it was created.

I hate it when people forget the unique features Bitcoin offers, such as its decentralized peer-to-peer payment method and its privacy. They forget that when you have Bitcoin in your wallet, you actually own your money.
People forget all of this and buy Bitcoin shares in centralized ETFs, when in reality, they own nothing.

Some could say that you hating that people use bitcoin the way they want goes against its libertarian spirit.

Wasn't bitcoin made as an alternative currency? Back in the day, people would hold currency as investment because it was not debased like it is now. If you had a gold or silver coin 500 years ago, even if the issuer ceased to exist, the coin was worth its weight. Nowadays, when your country gets into trouble your currency can be worth the paper it's printed on, which is close to nothing.

So, I don't hate it when people do what they want with tools they're given. If I sell you a knife and you decide to use it to turn a screw, or scratch your balls, why should I care? I live in a free country and hopefully you do too.  

[joniboini]

How much money do retails actually put in ETFs or something similar? I'm not surprised if hedge funds or other players pivot to that, or try to sell that to their investors as a safer option compared to buying Bitcoin directly, but I'd be surprised if suddenly everyone does that considering how high the trading volume on CEXes is nowadays. I also think it's impossible to force people to treat Bitcoin as money only, but it's fine as long as we can still use it as usual. I'm using Bitcoin to pay for digital stuff for years now and I don't think the platforms I use will suddenly drop that and force me to buy ETFs.

[Joy- maker]

As the adoption of Bitcoin increases, persons are inclined to treating it more like an investment (asset) rather than a currency, just like people do with stocks. Not just individuals, companies do hold Bitcoin and trade it as equities.
The more Bitcoin is held and traded like an asset, the more it mirrors the characteristics of stocks.

What we're seeing today is just some skim similarities. Would Bitcoin someday have exactly as stocks as institutions buy more?

OP I can agree to some points of yours especially the aspect where you said that people and institutions are treated bitcoin more like an asset, but less like a currency which is the main purpose why bitcoin was created in the first place, to act as alternative currency to the fiat currencies. But  the aspect where you said that bitcoin is  behaving more like stocks based on how individuals and institutions are seeing it is the aspect I can't agree with, because there is no how individuals and institutions will treat bitcoin that will make bitcoin start behaving like stocks or to be like stocks. Bitcoin is a digital currency so shall it remain, what people and institutions think of bitcoin as is their own business, not my business not your business, because you and I can't make them think of bitcoin the same way you and me is thinking of it, so the main thing here  is how me and  you OP think of bitcoin wether as an asset or as a currency. And even if people or institutions treat Bitcoin as an investment it doesn't change the fundamental nature of bitcoin from being a currency.

[Jubilee58]

Bitcoin can be bought, and stored for a long time period in order to maximize profit just like stock, and bitcoin has become an asset for investment, even though their are some other use cases.
Countries, private investors and institutions are heavily accumulating bitcoin because of the potential and how fast it is growing, and it is believed that with bitcoin growing interest among nations, individuals and institutions, bitcoin has more to do even in the future.

Historically, bitcoin has done very well in times of growth and has made many investors huge gains , and comparatively bitcoin has surpassed stock when it comes to making more profit, and is even becoming more appealing to investors as it is gaining more adoption.

[passwordnow]

As the adoption of Bitcoin increases, persons are inclined to treating it more like an investment (asset) rather than a currency, just like people do with stocks. Not just individuals, companies do hold Bitcoin and trade it as equities.
The more Bitcoin is held and traded like an asset, the more it mirrors the characteristics of stocks.

What we're seeing today is just some skim similarities.

It's not a problem if it's becoming more like a stocks. That comparison has also been there and not only that, it's also treated as a digital gold. As with digital gold, it's also being treated as stocks because it can be traded globally.

Would Bitcoin someday have exactly as stocks as institutions buy more?

They are in it already and maybe we're missing that these institutions are already buying more. Whether they think of it as a good stocks to hold or a store of value, the real value of Bitcoin can't be removed from them because it makes eager to have more and they're looking forward to a better future by having it.

[yhiaali3]

I hate it when people view Bitcoin as just a profitable long-term investment asset. This detracts from the purpose for which it was created.

I hate it when people forget the unique features Bitcoin offers, such as its decentralized peer-to-peer payment method and its privacy. They forget that when you have Bitcoin in your wallet, you actually own your money.
People forget all of this and buy Bitcoin shares in centralized ETFs, when in reality, they own nothing.

Some could say that you hating that people use bitcoin the way they want goes against its libertarian spirit.

Wasn't bitcoin made as an alternative currency? Back in the day, people would hold currency as investment because it was not debased like it is now. If you had a gold or silver coin 500 years ago, even if the issuer ceased to exist, the coin was worth its weight. Nowadays, when your country gets into trouble your currency can be worth the paper it's printed on, which is close to nothing.

So, I don't hate it when people do what they want with tools they're given. If I sell you a knife and you decide to use it to turn a screw, or scratch your balls, why should I care? I live in a free country and hopefully you do too.  

I completely understand your point of view. People are free to do whatever they want with their property, and no one has the right to interfere in their affairs, because this is personal freedom.

I'm just saying that I hate this short-sighted, superficial view that most people have of Bitcoin, rather than the long-term perspective that foresees the future for which it was created. But, of course, no one has the right or power to force anyone.

The example you gave about the knife is very good. Yes, the person who owns the knife can do whatever they want with it, but using it to unscrew screws or scratch balls is completely different from the purpose for which the knife was created. This is exactly what I'm talking about. Using Bitcoin for speculation only distances it completely from the purpose for which it was created.

In the end, I confirm statement that this is personal freedom, and each person is completely free to do whatever they want with their property.