Topic: Bitcoin might never reach it's ATH anymore - page 8. (Read 1742 times)
There is a lesser chance that it could not hit iits all time high because we do not really know its capability when the demand for bitcoin could not be measured. All Time High could be determine only if all the its potential users invest to it and it will reach the maximum market price that can never be beaten. The 2017 ATH is not really the ATH for me because it can be easily beaten if all the potential users will going invest all in at the same period.
If different crypto news stopped speculating about the price all the time it would be beneficial for the quality of the whole crypto sphere.
If people stopped being obsessed by the price, it would be good too.
Nope, it won't be any good. A major part of the excitement around Bitcoin is even the speculation of where price will move to at any point in time. Remove this speculation and you will have successfully killed that excitement. Come to think of it, price speculation is what drives any business. Bitcoin is a business (whether we like that tag or not) and price speculation is in order. Is there any businessman or woman who goes into a business venture without factoring in the risk involved? Here, risk is equated as gain. And gain is derived from price. It's that simplified. If people stopped being obsessed by the price, it would be good too.
How could you be so sure about it we don't even know how much it could grow in the future.
We couldn't be so sure about it because the market could always go up or down anytime so we could never know if it would or even go over it's ATH.
You don't call this a price speculation but you are speculating the price of Bitcoin by saying that it might never reach it's ATH again.
We couldn't be so sure about it because the market could always go up or down anytime so we could never know if it would or even go over it's ATH.
You don't call this a price speculation but you are speculating the price of Bitcoin by saying that it might never reach it's ATH again.
Im not sure about the price, but I'm sure about it's use case. It was clearly written in Satoshi whitepaper and while obviously price speculation is part of it, it is not main part of it. And we should do the same if we want Bitcoin to succeed, make sure we of course look at price, but we don't focus only on it.
Most of the cryptocurrency scam schemes are comprised of paraphrase: "get rich quick", "earn as much as" and more. It is easy to do it with cryptocurrency mainly because most of the people didn't really know all about crypto, so with the curiosity, they might follow these scammers instruction seeing that these people looks knowledge for what they are doing but in fact, performing tricks to victims already. So without knowledge to crypto, it is hard to increase adoption because of this risk of getting hacked.
If we want to increase bitcoin adoption, we should be straight to the point, to attract people by teaching how to use bitcoin, and not as a quick rich scheme.
If we want to increase bitcoin adoption, we should be straight to the point, to attract people by teaching how to use bitcoin, and not as a quick rich scheme.
How could you be so sure about it we don't even know how much it could grow in the future.
We couldn't be so sure about it because the market could always go up or down anytime so we could never know if it would or even go over it's ATH.
You don't call this a price speculation but you are speculating the price of Bitcoin by saying that it might never reach it's ATH again.
We couldn't be so sure about it because the market could always go up or down anytime so we could never know if it would or even go over it's ATH.
You don't call this a price speculation but you are speculating the price of Bitcoin by saying that it might never reach it's ATH again.
Right now, we see the new ATH for bitcoin price because the price can reach $11k, and we will see another high price, and that could be the next new ATH. Who knows that the price can still have more power to go up, but we must be careful because the correction will come after the price reaches the high price. People need to get out for a while if the correction so they can buy back bitcoin again at a low price.
Actually we were expecting a similar spike in mid-May, when the block reward halving kicked in. For some unknown reason, the block reward halving didn't resulted in any spike back then. A number of reasons were given, such as the impact from the ongoing COVID 19 pandemic. But now I guess the impact of the block reward halving is starting to be felt at the market. And I hope that the current trend will continue for the next few months.
Bitcoin might reach ATH only if each country prints more fiat money and distribute them to locals. Without new or fresh money ATH is not reachable. Part of the World population tries to save themselves from covid-19 and economical crisys, others simply saving their asses. Bitcoin and cryptocurrency so far is not the object of prime necessity.
In 2017 crypto was hyped with ICO, not DeFi is trying to do the same. But not really succeeding in it. ICO used each and every crypto dev, but DeFi is not having such reputation and demand so far.
In 2017 crypto was hyped with ICO, not DeFi is trying to do the same. But not really succeeding in it. ICO used each and every crypto dev, but DeFi is not having such reputation and demand so far.
Betcha op was not feeling the bull run that just washed over us. But not to derail into price discussion (too effortless), It's easy to overlook the good aspects of btc, it will ALWAYS have use, even if you yourself have stopped using it or perceive it as non important, it just means it has evolved. Personally I don't think I'll never not have use for bitcoin in my life. Even if it doesn't go to ATH again, I'll still partake in the ecosystem.
Right now, we see the new ATH for bitcoin price because the price can reach $11k, and we will see another high price, and that could be the next new ATH. Who knows that the price can still have more power to go up, but we must be careful because the correction will come after the price reaches the high price. People need to get out for a while if the correction so they can buy back bitcoin again at a low price.
Actually we were expecting a similar spike in mid-May, when the block reward halving kicked in. For some unknown reason, the block reward halving didn't resulted in any spike back then. A number of reasons were given, such as the impact from the ongoing COVID 19 pandemic. But now I guess the impact of the block reward halving is starting to be felt at the market. And I hope that the current trend will continue for the next few months.
Don't be pessimistic about the price of Bitcoin, moreover have the assumption that Bitcoin might never reach all time high again.
Don't have negative thoughts like that, right now the price of Bitcoin is back to $ 10,900. This means that the Bitcoin price is
just a little back to the all time high price, there is even a possibility that it will reach new all time high. We just need to be
patient and from now on continue to collect as much Bitcoin as possible.
Don't have negative thoughts like that, right now the price of Bitcoin is back to $ 10,900. This means that the Bitcoin price is
just a little back to the all time high price, there is even a possibility that it will reach new all time high. We just need to be
patient and from now on continue to collect as much Bitcoin as possible.
Right now, we see the new ATH for bitcoin price because the price can reach $11k, and we will see another high price, and that could be the next new ATH. Who knows that the price can still have more power to go up, but we must be careful because the correction will come after the price reaches the high price. People need to get out for a while if the correction so they can buy back bitcoin again at a low price.
One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.
Nothing bad in dreaming big dream tho.I think with volume money is printing nowadays Bitcoin can easily reach 1 million USD but then it won't be as much as you feel it is today.
This is big catch here
, anyway, Bitcoin is for holding value, its great.
It simply doesn't matter how much it will be worth, as long as it replaces global finances or at least becomes sane alternative to them
One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.
I consider myself being a bullish person but not that much to think about $100k, $500k, or more...I was looking for another $20k, maybe it wasn't bad at all and besides, it is near to reality than those I've mentioned above.
Recently, we have a breakthrough at $10k, and the good thing is that it keeps that level until now. I'm not sure will be the start for Bullrun but I was then very optimistic to see it in awhile once again.
i won't think that bitcoin will not reach the ATH last 2017 coz we don't know what will happen in future. No one can ever predict it. If mass adoption will happen, there is a higher chance of a possible ATH in the coming years but we have to be patient. As long as there is a market, traders and people who get interested with cryptocurrency then there is a chance.
ATH bitcoin is indeed very high when viewed from current prices, but I am not sure that there is no chance to reach a new ATH. Well, for now, I also don't want to think about this, because we can see the real opportunity at the end of this year. if the price of bitcoin can reach $ 16k, then the opportunity for a new ATH will be reborn. I thought the breakout will happen in the Q4 of the year.
Now that the price keeps going up, the Defi projects are also dipping, I think this is how the pumping will arrive to its ATH again. Once the pumping stops the Defi will once again rise up, this will seem to be an endless pumping. It will reach its ATH in time. There is just time to wait before it reaches there.
The price of bitcoin does matter for holders, though it is created to be an alternative for fiat currency, we cant expect everyone to use it mainly as digital currency since some of us buy or the main purpose of owning bitcoin is to make money. The volatility is good because that's how we can earn from it but saying that it wont reach the last ath again has no certainty, the market is unpredictable so we really cant say.
Maybe this topic is not in a good timing, bitcoin is bullish now, it has breached the $10k mark already, and slowly it's building a FOMO.
Again, we are in the situation where bitcoin will try to break the heavy resistance, if it can do it, then expect a possible FOMO and the timing was really good as we might end up this year with a new ATH in case that would happen. I have no doubt with bitcoin now because looking at the global market, crypto stands out against the stocks and this should be seen as a positive news for us and be bullish expecting bitcoin could potentially surprise us again.
Again, we are in the situation where bitcoin will try to break the heavy resistance, if it can do it, then expect a possible FOMO and the timing was really good as we might end up this year with a new ATH in case that would happen. I have no doubt with bitcoin now because looking at the global market, crypto stands out against the stocks and this should be seen as a positive news for us and be bullish expecting bitcoin could potentially surprise us again.
This is not a price speculation thread, but a call.
and yet you insist on making a "prediction"!Quote
Only then the whole system makes sense, otherwise, even if Bitcoin was not meant to be a Ponzi Scheme and obviously is not a Ponzi Scheme, it is actually approached by many "investors" as Ponzi Scheme and they hope to be at the bottom of it. That is simply wrong.
by your definition everything else in the world that mankind has ever invested in is a ponzi scheme.Quote
If different crypto news stopped speculating about the price all the time it would be beneficial for the quality of the whole crypto sphere.
If people stopped being obsessed by the price, it would be good too.
discussing the rate of exchange that bitcoin has against fiat is not always obsession with price and it is not a bad thing.If people stopped being obsessed by the price, it would be good too.
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This is an honest call to everyone to start treating this great invention as it's meant to be - digital money. Including crypto news websites and youtubers who think that putting higher expected bitcoin price in the title will bring more clicks (and sadly, it usually does).
newsflash: there are always some idiots who are trying to make money from anything that can make them money. that includes idiots on youtube and all those who created those websites. all of it is irrelevant to bitcoin and your title so far.Quote
One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.
and yet i never saw why you made this topic and why you think price may never reach its ATH! it seems like you are the one who is obsessed with price specially when looking at your post history.no offense but I almost agree on every point and how you break it down.
things can't be done right or wrong, every person have his vision his way his rules, what is the good or right thing from your prospective can be wrong from another angle.
but it is always good to share your opinion trying to fix the market from your point of view, good to have the courage to try.
Yes, There is a possibility for Bitcoin to never reach the all ATH at 2017. But, the chance is smaller than you can think because this year after halving many investors were expecting to see bitcoin at under 8K and a year after halving (at 2021) usually we we the highest price after each cycle of the having. So, in my own idea the bull run after having is not even started yet. However, this cycle is not similar to the other previous cycles because of the economic crisis we are facing to, so everything is possible during this cycle.
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