No. People who think it's a safe haven are deluding themselves. Anything could happen to its price. The current and previous heights are fuelled by pure speculation and excitement.
In all of BTC's life there's never yet been a significant downturn in wider markets. It's easy for anything to boom when everything else is. If that falters then we'll see who or what is swimming naked. My guess is that Bitcoin is a luxury bet. If there's a proper squeeze it'll be the first thing people get rid of.
Topic: Is Bitcoin still a good store of value <Safe haven>? - page 2. (Read 326 times)
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Of course it is, although we are having a hard time breaking out right now. I feel that should change this month and that we will be above 15k at months end. Don't know what that means for alts though, their relationship has been kinda rocky lately 
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Bitcoin is the first technology to utilize blockhaind technology that has many major functions in terms of settlement tools, storage tools, and instant transfers. but on a scale the value of bitcoin as an asset is likely to be exceeded by other asset forms as well as gold assets as you say. and there are several factors that cause gold prices to rise again and one factor is a global macro factor such as the increase of the Fed rate of 4 times this will certainly increase the demand for gold.
Yes, as long as the wallet you are currently using has its feaute of two factor authentification so that some threats and risk for the bitcoin you have in your wallet is somehow safe. You should also be aware of different phishing method so that you will be able to determine where and what you should open.
His whole story speaks of the fact that not just a repository of value but a very profitable investment 
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n order to protect bitcoin we need to strengthen the steps and proper procedures we will use to minimize the risk. We also need to strengthen ourselves with those who abuse us to get what they want. And we also need that, we need not to trust immediately to get the value of the bitcoin we've worked hard to collect. We also need to place it on the right wallet to avoid any danger that happen to our bitcoin. .
His whole story speaks of the fact that not just a repository of value but a very profitable investment .
. Previously, when there were some economic turbulence, some investors turned to Bitcoin as a store of value or a Safe haven, but it seems as though the table has turned and Gold prices jumped to a 14-Month High.
Gold Prices Today Per Ounce :
Today
Per Ounce $1,326.90
Per Gram $42.66
Per Kilo $42,660.79
Bitcoin price : $7400
What explanation do we have for that?
Seeing as the price today is $11,300, if you got into bitcoin on 7th Feb as a hedge against the markets, you have done spectacularly well!
Bitcoin is the current currency that is used online. The renewed focus on Bitcoin leads to interest from the people interested in investing. "The BTC [Bitcoin] and the crypto [coin] have largely hit the mainstream spirit," said Lex Deck, chief executive of the alternative investment aggressive off-officer. "I have increased the number of inquiries from late adopters who want to know more about access to investment opportunities in the place. It has become faster at the beginning of the year, with a jump of $ 1,000 to $ 4,000, with a feeling that now has a little less volatility."
Even before the Dow Jones plunged, the Bitcoin/crypto market were going through a few uncertainties/FUD regarding regulation and manipulation. No investor would want to move his funds from a collapsing investment to another uncertain investment. I think if there were no FUD from Korea, India, China, Bitfinex/Tether, some banks blocking Bitcoin, things might have been different. Like stocks, bonds, industrial commodities or real estate, crypto market is heavily influenced by fear and uncertainty, but on the other hand gold is what people prefer when there is uncertainty over other assets and in that sense IMO, Bitcoin still has a long way to go to be a reliable store of value like gold.
Global markets have sold off aggressively in the last three days.
There are sixteen stock exchanges (bourse) in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club".
The global stock sell-off is continuing, with Tuesday seeing significant falls at exchanges in Asia and Europe. The day after the U.S. stock market fell by its largest amount in six years, Japan's Nikkei index was down by 6.5% and Hong Kong's Hang Seng was down more than 6%.
Previously, when there were some economic turbulence, some investors turned to Bitcoin as a store of value or a Safe haven, but it seems as though the table has turned and Gold prices jumped to a 14-Month High.
Gold Prices Today Per Ounce :
Today
Per Ounce $1,326.90
Per Gram $42.66
Per Kilo $42,660.79
Bitcoin price : $7400
What explanation do we have for that?
There are sixteen stock exchanges (bourse) in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club".
The global stock sell-off is continuing, with Tuesday seeing significant falls at exchanges in Asia and Europe. The day after the U.S. stock market fell by its largest amount in six years, Japan's Nikkei index was down by 6.5% and Hong Kong's Hang Seng was down more than 6%.
Previously, when there were some economic turbulence, some investors turned to Bitcoin as a store of value or a Safe haven, but it seems as though the table has turned and Gold prices jumped to a 14-Month High.
Gold Prices Today Per Ounce :
Today
Per Ounce $1,326.90
Per Gram $42.66
Per Kilo $42,660.79
Bitcoin price : $7400
What explanation do we have for that?
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