Bitcoin Joins The Ranks Of 'Safe Haven' Assets

Atlas! Stop being lazy and look at the charts.

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Check the others. Compare them with the timeline of risk events in news and fundamentals. There's absolutely some correlation. It is a safe haven for many (as the markets/charts/price show) all over the globe.

gat

Aug 8, 2019 9:34am

The IRS is going after crypto profits, supposedly beyond their reach. Still should be shut down entirely as nothing but fraudulent investments. On th other hand if anyone wants to buy GATcoins at one dollar each let me know. lol

Aug 8, 2019 6:36am

Quoting TudorIoan

Disliked

{quote} If you talk about the money they robbed from the people when the whales crashed this shitty coin from 19900$. Yeah, you're right, I hate crooks. Sure great profit for the private Telegram pump-and-dump groups, crooks. The main point is that the bitcoin definitelysupports corruptionby design! A tool for fraud. Since it's inception, bitcoin has been thought of as an anonymous way to move money, so the law enforcement can't track illicit earnings. They want to tear apart the world's current order. They claim that loud and clear in daylight....

Ignored

Its not a scam, just a trade-able instrument ... you make or lose money!
I know people who made millions of Dollars investing in cryptocurrencies. I had the opportunity myself and said what you said. Was offered to invest a 6 digits at a price ... hold your breath: 85 dollars!
Kept going on and on about how this is fraud, it won't survive. In summary, i forgot what trading and investing is about: Money!
If it make you money, buy it! If it doesn't, short it.

Aug 8, 2019 12:52am

WhoTF is this Reinertsen guy?

And who's that crazy to use bitcoin to store big value in such a volatile asset ?!?!?
You can bet a couple of hundred bucks on it, but not huge funds !!!
Another crash like the Dec. 2017, would waste your investment by 85% !!!!!! WTF
Liars! Shills! Bitcoin is a pyramidal scheme so far

GoldGrilz

Aug 8, 2019 1:39am

Ehhhh don't kno bout all that playboy! "Panos Mourdoukoutas" has some creds, but I think he was drunk when he pull this piece together... hangin round dem college kids too much!

In Gold I trust! You can't dispute them crypto percentages tho.... got a ninja feelin dat fomo... If I can't touch it, it don't exist....PapaPlayboy Panos, show me some correlation charts or take yo old ass to bed!

bnlf

Aug 8, 2019 12:57am

"Bitcoin recently joined the ranks of safe haven assets, according to Chris Reinertsen, Chief Marketing Officer of Rhythm Technologies"

what a BS article.

Mingary

Aug 8, 2019 12:58am

It's a pro bitcoin PR piece. Highly suspicious
We want suckers to feed the next pump and dump now, don't we ?

MzansiObi

Aug 8, 2019 1:33am

Lol two words come to mind........
Unregulated market.
Unless I'm trying to avoid law enforcement agencies......wouldnt place huge funds in this market as a means of risk aversion........

Exodus

Aug 8, 2019 3:55am

Quote

Disliked

Bitcoin recently joined the ranks of safe haven assets, according to Chris Reinertsen, Chief Marketing Officer of Rhythm Technologies.

Another man with three straws short of a bale.

Maxthetrader

Aug 8, 2019 1:53pm

Another bitcoin CRASH coming soon!!!

Cryptobuzz

Aug 8, 2019 12:20am

Completly agree here. I think BTC has somehow slightly started to show properties of Gold, which is also a safe haven. Hence BTC could be most impacted by interest rates and money supply, and levels thereof.

Aug 8, 2019 7:41am

Quoting TudorIoan

Disliked

{quote} I don't really like to argue... I use to share ideas, but you're right about that, you need the right fellowship to share So, thank you for your recommandations! I wish you luck making money! I invite you to vote on my thread, you're definitely a guy who don't give a sht what bitcoin is as long as we can get rich trading it :like:

Ignored

My point exactly man ..
Thanks, i will follow your thread as well.
But i can't comment because of this shit commercial label

AnniLi

Aug 8, 2019 3:43pm

Quoting TudorIoan

Disliked

{quote} That's new ! To say nothing about the fact that comparison of crypto hypothetical utility with the atomic fission utility is a false analogy.

Ignored

I wish you were correct.

UnBearybull

Aug 8, 2019 5:48am

Quoting TudorIoan

Disliked

WhoTF is this Reinertsen guy? And who's that crazy to use bitcoin to store big value in such a volatile asset ?!?!? You can bet a couple of hundred bucks on it, but not huge funds !!! Another crash like the Dec. 2017, would waste your investment by 85% !!!!!! WTF Liars! Shills! Bitcoin is a pyramidal scheme so far

Ignored

Always makes me laugh when people talk about the "pyramid Bitcoin"; then extol the virtues of fiat cash, which is backed by thin air and lying politicians.

UnBearybull

Aug 8, 2019 5:49am

Quoting Realgee

Disliked

BTCs are very very volatile assets, they are usually not worth the risk in the long term. This is an unregulated world where anything can happen!

Ignored

Yet, BTC has done nothing but RISE in price for 10 years...

Aug 8, 2019 6:02am

Quoting UnBearybull

Disliked

{quote} Always makes me laugh when people talk about the "pyramid Bitcoin"; then extol the virtues of fiat cash, which is backed by thin air and lying politicians.

Ignored

Always make me laugh blind people who sound so hypocrite ignoring the charts.
Not to mention they don't understand economy, monetray policy, deflation, credit crisis... but they fuss around like cult obssessed freaks who buy whatever flyes.

Aug 8, 2019 6:28am — Edited

Quoting Aaafx-trader

Disliked

{quote} Don't be a hater ... they made tons of money, while some where stuck in few percentage points!

Ignored

If you talk about the money they robbed from the people when the whales crashed this shitty coin from 19900$. Yeah, you're right, I hate crooks.

Sure great profit for the private Telegram pump-and-dump groups, crooks.

The main point is that the bitcoin definitely supports corruption by design! A tool for fraud.

Since it's inception, bitcoin has been thought of as an anonymous way to move money, so the law enforcement can't track illicit earnings.

They want to tear apart the world's current order. They claim that loud and clear in daylight.
Fck the goverment is the slogan!

This can't go on forever

So it's obviously just a matter of time until bitcoin will remain just a video game coin.
A token for the dark net market, a medium of exchange for the fiat.

How stupid is to call such a scam "safe heaven" ?!?

Aug 8, 2019 6:36am

Quoting AnniLi

Disliked

Cryptocurrency will pale in comparison to crypto-nuclear weapons. These will be armed with no hope of disarming.

Ignored

That's new !

To say nothing about the fact that comparison of crypto hypothetical utility with the atomic fission utility is a false analogy.

Aug 8, 2019 6:39am — Edited

Quoting Aaafx-trader

Disliked

{quote} Its not a scam, just a trade-able instrument ... you make or lose money! I know people who made millions of Dollars investing in cryptocurrencies. I had the opportunity myself and said what you said. Was offered to invest a 6 digits at a price ... hold your breath: 85 dollars! Kept going on and on about how this is fraud, it won't survive. In summary, i forgot what trading and investing is about: Money! If it make you money, buy it! If it doesn't, short it.

Ignored

Hey, trading white powder is more profitable

Bitcoin has been thought of as an anonymous way to move money, so the law enforcement can't track illicit earnings, ..and that makes it a scam, dig?

Aug 8, 2019 6:49am — Edited

Quoting Aaafx-trader

Disliked

{quote} Trading white power is illegal, Bitcoin is not! I trade Bitcoin at AAAFX broker and they are EU regulated. So what you just stated is a false equivalent.

Ignored

Not at all. It's you who don't understand the essence of righteousness. Suprime credit crisis in 2009 was all legal, but it collapsed the whole world. Nouriel Roubini doesn't said it is illegal, he said it will collapse because is stupid and wrong.
Well, bitcoin is legal, is just stupid and wrong!

Sure, lotta guys will make fortunes out of this mess, but many of the naive dreamers will lose big.
This is not trading, teeny!

Aug 8, 2019 7:04am

Quoting Aaafx-trader

Disliked

{quote} You like to argue and seem intellicutal ... great, get a girl/boy friend and debate what movies you gonna watch?! Your knowledge is super, fantastic ... write an article and debate with economists! You wanna trade and making money ... just follow the money, even if its made by monkeys! Easy enough?!

Ignored

I don't really like to argue... I use to share ideas, but you're right about that, you need the right fellowship to share

So, thank you for your recommandations!
I wish you luck making money!

I invite you to vote on my thread, you're definitely a guy who don't give a sht what bitcoin is as long as we can get rich trading it

:like:

UnBearybull

Aug 8, 2019 9:27am

Quoting TudorIoan

Disliked

{quote} Always make me laugh blind people who sound so hypocrite ignoring the charts. Not to mention they don't understand economy, monetray policy, deflation, credit crisis... but they fuss around like cult obssessed freaks who buy whatever flyes.

Ignored

*flies.
You stick with your Fed promissory notes and Ill stick with the future storage of value.

Aug 8, 2019 10:12am

Quoting UnBearybull

Disliked

{quote} *flies. You stick with your Fed promissory notes and Ill stick with the future storage of value.

Ignored

Thanks for the (*)
The future what?... Happy bumpy volatile trip to the moon!

And then back to earth. And back to the moon and back to earth again...

Realgee

Aug 8, 2019 4:31am

BTCs are very very volatile assets, they are usually not worth the risk in the long term. This is an unregulated world where anything can happen!

Aug 8, 2019 4:43am

Quoting TudorIoan

Disliked

Crypto-Cult believers are stupid enough to waste their dollars for crap like bitcoin. Sure, cult people they can move the charts Sane investors buys JPY and Gold when high geopolitic risk. Simply because bitcoin can crash to 3K anytime.

Ignored

Don't be a hater ... they made tons of money, while some where stuck in few percentage points!

banonino

Aug 8, 2019 1:36pm

Q: How can something that can drop over 20% in value within few hours consider to be "Safe Haven"?

TMR

Aug 8, 2019 3:23am

I think it's too early to tell.

Aug 8, 2019 4:41am

Just because an asset turn into a negative correlation with S&P500 doesn't mean its a risk-off asset! The explanation is quite simple: When the NASDAQ100 is sold, BTC is bought as a hedge!(Both are tech sector) The short term volatility see some risk adjusting ... nothing more! BTC is its own animal and far less liquid and relevant!

Trader#2353

Aug 8, 2019 5:33am

EVERYONE tries to validate their own existence. BTC/Crypto is clearly a new asset class and as is always the case in the infant stage...It's teething. Volatility is NATURAL in this phase but even more so in the information age.

Aug 8, 2019 6:39am

Quoting TudorIoan

Disliked

{quote}So it's obviously just a matter of time until bitcoin will remain just avideo game coin

Ignored

Madness can be very persuasive... and you can buy if at a crazy price, if you find someone willing to purchase at a crazier one.
Don't argue right and left ... just focus on the spread and follow!

Aug 8, 2019 6:40am

Quoting TudorIoan

Disliked

{quote} Hey, trading cocaine is more profitable Bitcoin has been thought of as an anonymous way to move money, so the law enforcement can't track illicit earnings, that makes it a scam, dig?

Ignored

Trading white power is illegal, Bitcoin is not! I trade Bitcoin at AAAFX broker and they are EU regulated. So what you just stated is a false equivalent.

Aug 8, 2019 6:54am

Quoting TudorIoan

Disliked

{quote} Not at all. It's you who don't understand the essence of law. Suprime credit crisis in 2009 was all legal, but it collapsed the whole world. Nouriel Roubini doesn't said it is illegal, he said it will collapse because is stupid and wrong. Well, bitcoin is legal, is just stupid and wrong! Sure, lotta guys will make fortunes out of this mess, but many of the naive dreamers will lose big. This is not trading, teeny!

Ignored

You like to argue and seem intellicutal ... great, get a girl/boy friend and debate what movies you gonna watch?! Your knowledge is super, fantastic ... write an article and debate with economists!
You wanna trade and making money ... just follow the money, even if its made by monkeys!
Easy enough?!

AnniLi

Aug 8, 2019 6:28am

Cryptocurrency will pale in comparison to crypto-nuclear weapons. These will be armed with no hope of disarming.

achaze2006

Aug 8, 2019 8:46am

You've got me more confused than ever.

cryptoquant

Nov 16, 2019 12:50pm