Bitcoin might never reach it's ATH anymore - page 3.

mydona

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Quote from: online73 on September 07, 2020, 05:07:23 PM

Hello to all. You can say anything - that Bitcoin may never reach its ATH again, that Bitcoin will go much higher. One thing is clear - only time will tell who is right. The only thing I am sure of is that when Bitcoin reaches new highs or new lows, it will happen against the opinion of the mainstream crowd and will be completely unexpected. It is unexpectedness and unpredictability that I like about Bitcoin.

that was a long but almost a correct, describing for the situation, we will never be able to predict the future of BTC with more than 10% of accuracy I think it is much lower and we can't know a lot of factors to understand and increase this percentage as we can't store and analyze that much of data in our small tiny brains

online73

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Hello to all. You can say anything - that Bitcoin may never reach its ATH again, that Bitcoin will go much higher. One thing is clear - only time will tell who is right. The only thing I am sure of is that when Bitcoin reaches new highs or new lows, it will happen against the opinion of the mainstream crowd and will be completely unexpected. It is unexpectedness and unpredictability that I like about Bitcoin.

Mahanton

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Quote from: Janation on September 06, 2020, 06:08:26 AM

Quote from: ?? on ??

The truth is no one can guess if Bitcoin will rich ATH one day or not. All predictions are probably bad shots, but it doesn't make a sense.

It is called a prediction for a reason.

Everyone has their own, you could do too and if we don't agree on that one, we could say what you're saying doesn't make any sense. I don't care whether people couldn't guess what will be the price of Bitcoin in the future or what they wanted to do with it, I put money into Bitcoin, I make adjustments based on the movements and indicators shown in the price charts.

Right, no one can really stop you on making out those views yet everyone is just also a speculator.They cant just say that you're totally wrong because everything can happen.
The best thing to be done on these kind of circumstances is that we should utilize movements that would really be in result for profits or gains on us or shall we say we do take
advantage on it even though it might or might not able to reach its ATH anymore but at least we do still able to make up some step for us to make money.
If you are a long term supporter then you can always opt in for holding it without any tend of selling but we know that everything has a risk.

seoincorporation

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Quote from: mintme.com on July 23, 2020, 09:37:27 AM

...

One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.

A lot of users were skeptical like yo in the past... it will never be on $1000, then they say, it will never be on $10,000, and is totally normal to read comments about people saying it will never hit the ATH again, if that's the way you want to think, then it's fine, but you should think about what if you are wrong. Anything can happen with those crazy markets, just hold your popcorns and watch.

Renampun

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Quote from: ?? on ??

No one can tell if BTC will reach ATH again in the future. Maybe if BTC will be widely accepted as payment method maybe the price skyrocked again to reach a new record. Who knows.

no one knows the world future and the Bitcoin price too...
Bitcoin transactions and demand are not that big at the moment, this is the reason why the price of Bitcoin is still stagnant for now. in the next few decades, Bitcoin price will definitely rise dramatically and even create a new ATH.

Janation

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Quote from: ?? on ??

The truth is no one can guess if Bitcoin will rich ATH one day or not. All predictions are probably bad shots, but it doesn't make a sense.

It is called a prediction for a reason.

Everyone has their own, you could do too and if we don't agree on that one, we could say what you're saying doesn't make any sense. I don't care whether people couldn't guess what will be the price of Bitcoin in the future or what they wanted to do with it, I put money into Bitcoin, I make adjustments based on the movements and indicators shown in the price charts.

jademaxsuy

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Quote from: glowing10 on September 06, 2020, 05:20:40 AM

We may not be able to predict when it will reach ATH will it be this year or in coming years is unknown. But in long term it will break those records too and we have seen how it has moved from 10k to 12k itself shows that bounce back in bitcoin is very much possible and it will continue to happen.

Prior the ATH of 2017 it made a huge rally of ups and down. Bitcoin was able to reach high ups and deep downs to market price movement. However, in the end ATH was being recorded. Bitcoin market is unpredictable and others especially to those who are new may get worried or emotional on these to which it will result to losses just like what I did before the time I invested and made bitcoin a huge market price fall down to its lowest possible recorded on 2018. I was really upset that time and emotional leading to losses in my investment.

glowing10

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Quote from: ?? on ??

The truth is no one can guess if Bitcoin will rich ATH one day or not. All predictions are probably bad shots, but it doesn't make a sense.

I do believe price predictions are silly but sometime make a sense. It does not matter if you are in for the long run. This is a long game for me, so overall we're good.
How long until the next ATH? may not much soon as there too much manipulation.

We may not be able to predict when it will reach ATH will it be this year or in coming years is unknown. But in long term it will break those records too and we have seen how it has moved from 10k to 12k itself shows that bounce back in bitcoin is very much possible and it will continue to happen.

Ayiranorea

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Today the price of bitcoin has crashed in a large level. The price drop happened slowly, and finally it has reached the value close to $10000. If the ongoing price movement is a correction we can make investment by now focusing the growth to take place within the next few months time or by the end days of the year.

Reaching the ATH value can happen anytime. We should be wise in predicting the market and trade. If our plan is to hold then we need to think of the ATH.

NVZNtoken

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Quote from: DeathAngel on August 29, 2020, 06:18:06 AM

I’m very certain bitcoin will reach & significantly pass its ATH. Why wouldn’t it? We’re in unprecedented times, fiat currency is really struggling & money printing can only go on for so long. People are going to look for alternative assets to keep their money in & bitcoin is an attractive option.

I think this is a great point - bitcoin is still a very attractive asset, fiat currencies still have all the flaws they always had (inflation, centralization etc.), and there isn't really any fundamental basis besides general unsubstantiated pessimism for thinking bitcoin's price won't continue to grow. Bitcoin is a deflationary currency designed with scarcity in mind - it's hard to envision a situation in which its price never reaches and surpasses the current ATH.

mydona

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Quote from: ?? on ??

The truth is no one can guess if Bitcoin will rich ATH one day or not. All predictions are probably bad shots, but it doesn't make a sense.

never say never Cheesy

if none can guess if the BTC going to reach ATH or not, this is a simple question with yes and no, some will say yes and some will say no, this simply means some will be right as some will be wrong

but TBH none knows WHEN will it reach ATH, some can guess and be correct, but not based on evidence just by luck.

fillippone

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Quote from: ostrogoto2012 on August 29, 2020, 05:03:01 PM

Quote from: DeathAngel on August 29, 2020, 06:18:06 AM

I’m very certain bitcoin will reach & significantly pass its ATH. Why wouldn’t it? We’re in unprecedented times, fiat currency is really struggling & money printing can only go on for so long. People are going to look for alternative assets to keep their money in & bitcoin is an attractive option.

We all hope for that, but if fiat is not struggling in my opinion, the problem it could be the global financial system, strong financial system make investors to buy more bitcoin!

Fiat is struggling.
Dollar is losing value versus almost everything :stocks bonds, gold, real estate.
When everything is in bubble there is only one reason to explain it: the meter your are using to measure those things is getting shorter and shorter.

There is a nice read from a couple of years ago on why bitcoin is going to hit the ATH and still go up even further:

Winklevoss The Case for $500K Bitcoin
Worth a read.

ostrogoto2012

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Quote from: DeathAngel on August 29, 2020, 06:18:06 AM

I’m very certain bitcoin will reach & significantly pass its ATH. Why wouldn’t it? We’re in unprecedented times, fiat currency is really struggling & money printing can only go on for so long. People are going to look for alternative assets to keep their money in & bitcoin is an attractive option.

We all hope for that, but if fiat is not struggling in my opinion, the problem it could be the global financial system, strong financial system make investors to buy more bitcoin!

jerrison

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The once recorded all time high of bitcoin which is almost twenty thousand dollars will definitely come but i don't see it coming anytime soon. The forces that are now aware of the blockchain technology and the bitcoin in particular are not ignorant towards the influence of Bitcoin at its high and therefore it is been regulated.

bithisach

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Quote from: Dewi89 on August 29, 2020, 06:29:55 AM

Quote from: prehisto on August 26, 2020, 02:53:23 PM

Current price action is not that bad, there are still several scenarios where it can break out over the recent high which is also a high of long period. In this case the technicals strongly would suggest a new ATH. So currently I am not that pessimistic.

Bitcoin is still holding its highest level this year and this is a positive start for Bitcoin to regrow, technically and supported from other fields if bitcoin can hit a new ATH, maybe later this year or early next year.

Not just that, but this conversation takes place at least once every couple months here, in reality only time will tell what will happen, speculation will only get us so far. We will lean towards our own biases which is hurtful to ourselves and others reading our messages.

Savemore

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Quote from: DeathAngel on August 29, 2020, 06:18:06 AM

I’m very certain bitcoin will reach & significantly pass its ATH. Why wouldn’t it? We’re in unprecedented times, fiat currency is really struggling & money printing can only go on for so long. People are going to look for alternative assets to keep their money in & bitcoin is an attractive option.

Maybe this current trend the price may reach the current ATH and create a new ATH. Right now we are in a uptrend where the price is gradually increasing, if the price managed to breakout in its 52 week high resistance, there is a chance that it can also surpass the multi year resistance and after that is the All time high. Everything is possible but make sure it is realistic and attainable if we will do speculation and prediction to the price of the bitcoin. Not only the bitcoin that is currently in uptrend, there are now a lot of altcoins that are also making a move and copying the movement of the bitcoin.

veznata

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the question is what is the price beyond which you will not be able to hold and will cash out? there is co certanties in life but tendencies and probabilities. Chances for a new ATH price (till end of next year) is much more than 50/50. i remember someone in a forum 9-10 yeas ago when BTC price was a few cents said that one day all you need to have to be wealthy would be 1 bitcoin. 99% of people laughed at it. I don't see something better than BTC on the horizen soon.

Dewi89

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Quote from: prehisto on August 26, 2020, 02:53:23 PM

Current price action is not that bad, there are still several scenarios where it can break out over the recent high which is also a high of long period. In this case the technicals strongly would suggest a new ATH. So currently I am not that pessimistic.

Bitcoin is still holding its highest level this year and this is a positive start for Bitcoin to regrow, technically and supported from other fields if bitcoin can hit a new ATH, maybe later this year or early next year.

DeathAngel

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I’m very certain bitcoin will reach & significantly pass its ATH. Why wouldn’t it? We’re in unprecedented times, fiat currency is really struggling & money printing can only go on for so long. People are going to look for alternative assets to keep their money in & bitcoin is an attractive option.

erikoy

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No, bitcoin could still reach higher price or another ATH that could break the record from the last ATH on 2017. It may take some time but at least it will because bitcoin were getting investors day after day. It may not going to move the price that fast but at least it had been improving since the market crash on 2018. That was 2 years ago where bitcoin recorded the 3k btc market price. Now that bitcoin experiencing 11500$ then it is already on halfway that bitcoin could reach 20k$ or even more. There is a high chances of these that it will going to happen.

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