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Topic: [2019-04-24]Bitcoin Surges More Than Gold, Oil, Real Estate & Stocks (Read 217 times)

hero member
Activity: 2968
Merit: 687
Bitcoin and stock Market is entirely different thats why i dont really see the point on why would need up to compare this two? When it comes to surge of price then no doubt that bitcoin can give that
but come to think that insane price crash can be given too which do proves out that Crypto is entirely different when it comes to volatility and heck we do see on how stock market moves.
I see no point on why do people keep comparisons among these two different markets.
sr. member
Activity: 1008
Merit: 355


Traders can make more money with Bitcoin compared with traditional investment vehicles...that is if one can exploit the extreme volatility of Bitcoin. Traditional assets are not moving that dramatically...and this has been true in the past, today and into the future. No wonder people consider Bitcoin to be a more exciting, pulsating and if lucky can be more profitable to do business with.
full member
Activity: 952
Merit: 104
Yeah that what we can seen in the coin market cap bitcoin showing their strongest sign in this year hoping they continue to bump their value. I telling franklynas time they can compare bitcoin expensively more into good wait for the right time if their price got go back last ath year 2017 history.
legendary
Activity: 2170
Merit: 1427
So childish. Last year stocks insanely outperformed Bitcoin, why don't they point that out? Oh wait, that invalidates this nonsense and that means they can't post another article.

It happens on both sides of the fence.

Legacy news outlests always hype up the stock market at cost of Bitcoin, and crypto related news outlets always hype up Bitcoin at cost of the stock market or other legacy assets. This is news that average joes love to read, so here they have their daily dose of mud throwing.

Not sure why people here are so upset by reading these articles. Bitcoin has become an asset that institutions have a small position in and becomes more accessible to them as time goes by. Prepare for more of these comparisons instead of less.
sr. member
Activity: 882
Merit: 282
Of course. But also when Bitcoin goes Down is far deeper than both.
That is truth because bitcoin is not stable like gold,  forex and stocks in terms of pricing.  Institutionalized investors are also involved in those market and many of them don't always take profits the way we do in cryptocurrencies market.  However I do believe that in future we may began to see stability in bitcoin price and when it is going down seriously there should be a reason why that is happening and not the way it is now were little group of people move it up and down as they wanted.
sr. member
Activity: 1008
Merit: 355
This is hardly worth reporting, everyone knows that Bitcoin is volatile, so it shouldn't be surprising that when it grows, it outperforms any traditional asset. This is countered by the fact that it also quick to crash, and generally is quite unpredictable - just recently it went from $4,000 to $5,000 in just a few hours and absolutely unexpectedly. Besides, in stock world there are so-called penny stocks that are just as volatile as crypto, and no one goes saying how they outperform big companies, like if it is some notable achievement.

You could not have said it better. One of the most known feature of Bitcoin (and the whole cryptocurrency for that matter) is its extreme volatility...it can go high fast as well as go low fast compared to other investment assets we have in the market. Right now, there is a brewing bull run because e critical mass of people and talkative leaders are spreading the impression that soon it can go to the $6K level which is not really impossible judging on its recent climb. This is Bitcoin and there is nothing like it...totally incomparable!
copper member
Activity: 336
Merit: 1
They say that italy is going to lead the charge for western euro in terms of bitcoin adoption. I'd have to agree with then as thei economy is a mess but the country is reasonably advanced, great place for bitcoin to go mainstream
jr. member
Activity: 34
Merit: 7
Of course. But also when Bitcoin goes Down is far deeper than both.
full member
Activity: 448
Merit: 100
What a great year we have right now! So much bullish news here and there. A lot of whales perhaps trying to hype the next halving big time in 2020. I have seen articles where most chart predictions that they see more than $100k value of btc in the next year's bullrun but I wish it will happen early.
member
Activity: 980
Merit: 62
We overcome a year of volatility and difficult situations in the market. However, we showed to the investors that we can keep the market sustainable and profitable.
This may be the reason also why Bitcoin surges over other commodities. The opportunity for getting returns is clearly illustrated to the investors.
hero member
Activity: 1666
Merit: 753
I completely agree with BitHodler here.

Whenever I hear about bitcoin outperforming stocks or another asset class, I cringe. Why? Because bitcoin is volatile and at one point or another, it is going to outperform certain asset classes in the short run.

Does this say anything about adoption levels, or the level of usage that is actually what matters? Absolutely not. All it says about bitcoin is that it's currently trending up in the short term, which happens absolutely all the time.

If this kind of comparison is seen as valid, then you'd also have to accept the opposite as true - when bitcoin underperforms real estate or stocks, does that mean it's inferior somehow as a currency? Absolutely not.
legendary
Activity: 1526
Merit: 1179
So childish. Last year stocks insanely outperformed Bitcoin, why don't they point that out? Oh wait, that invalidates this nonsense and that means they can't post another article.

Another thing is that Bitcoin is still severely down from its all time high, which doesn't apply to most stocks. The euphoria we're going through right now indicates that people need to be reminded of how brutal this market can be.

Bitcoin has never gone up like this in a bear market without a correction afterwards. If you don't believe me, look at the charts to believe it. I went short yesterday because it's not looking healthy and sustainable anymore.
legendary
Activity: 3024
Merit: 2148
This is hardly worth reporting, everyone knows that Bitcoin is volatile, so it shouldn't be surprising that when it grows, it outperforms any traditional asset. This is countered by the fact that it also quick to crash, and generally is quite unpredictable - just recently it went from $4,000 to $5,000 in just a few hours and absolutely unexpectedly. Besides, in stock world there are so-called penny stocks that are just as volatile as crypto, and no one goes saying how they outperform big companies, like if it is some notable achievement.
sr. member
Activity: 966
Merit: 264
Following the April recovery of Bitcoin (BTC) and other major cryptocurrencies, the market interest in Italy has suddenly increased. Last year was a bad period for blockchain and the entire cryptocurrency industry, but in 2019, Bitcoin, the leading cryptocurrency by market cap (MC) is doing better than the stock market, gold, real estate market, oil and gas.

The next bull run for Bitcoin is possible if the price patterns remain like this. The cryptocurrency is now eying the $6,000 price level. Remember, recently, senior analysts such as Peter Brandt predicted that the leading crypto by MC will have an exponential growth and is more likely to trade around $100,000 by the year 2020.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-surges-stocks/

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