Topic: Bitcoin will NEVER reach it's ATH anymore. - page 4. (Read 962 times)

Nobody knows if one day bitcoin will reach again another record high in the market ,only time and demand can tell. The important now is the adoption of bitcoin will increase and the way it will be use not just as investment and source of income but also as another form of payment that can be use anywhere and anytime like fiat money.

I understand your position, we should focus more on the technology than the pricing, while the aforementioned narrative is important, we can't rule out speculators, I personally think this speculators add spices to the whole market and make the community a very interesting one, this has in several times cause media houses to interview cryptocurrency influences and use same opportunity to educate the people about bitcoin.   We just need to look at both sides.

I'd be a big liar if I said I'm not here even 1% for the money. There are only very few out here that truly use BTC just to make it become what it is supposed to - all my respect for the BTC Pizza guy for helping Bitcoin get to the point we are at today.

What I don't like is that it lately becomes more about PayPal and other centralized platform integration short-term pumps than about Bitcoin itself. Like, having a PayPal and easily purchasing BTC within 2 clicks is literally nothing besides having a virtual asset in your centralized PP account. It's way different and so much more interesting when you have to learn about wallets, how blockchain works and so on.. rather than enjoying a number increase/decrease on your screen.

But price matters as well. I'd imagine a very significant % of the current BTC holders and believers would get out if BTC was to crash to $500 tomorrow. Price does matter, but lots of people forget that there are so many other important aspects of Bitcoin - acting as if, besides price, there's nothing else to it.

Speaking from my own experience, all my friends who've bought BTC through Revolut or other similar platforms know nothing about BTC and only use it as a speculative asset. The ironic thing is, they say they're very interested in it and do see it the revolutionary future. If so, then maybe learn about it instead of focusing on the price?

If BTC won't reach its ATH then McAfee will eat his dick.
Even before the price exceeds $100, there were already people saying it can't surge up but right now its more than $9k. $20,000 might just be the start because once it spikes up to its ATH, the more news spreads across the media, and it would make newcomers regret why they only invest when the price already surged.

I hear what you are saying, and I certainly do agree with you.

But we all know, at the bottom of our hearts, we will always care about the price. Even you. Everyone wants to make money and no one wants to lose money.
And it is because of this irresistible human nature shaped by the capitalist society, prices of coins are always going to be the headliner. Unfortunately, this cannot be changed.

We cannot stop them from price speculation of bitcoin to increase. Well everyone has the high hopes once again to see it could reach an ath. Once you experience earning a profit from low price to all-time high mostly user is excited again to experience it. I think of it also that we can see bitcoin to increase slowly though we never know yet.

This is what must be but the problem is many countries those people are only allow to hold their bitcoin but has no chance of using it.
this is the main problem what people are facing now.
actually it is all about those people that create FUD and we can't do anything about that.
they are the one who's responsible for those bad people reactions.
actually  Price  is the most  important  price  for  every  investors here,because the nature  of  crypto comes as a investment material  and not as  currency literally .
agreed  on that and people should stop  the  price  speculation that huge,better to just let the market  make its flow.
and us  for  what we see is the best interest.

It's quite pitiful that our mind and focus is after  bitcoin price, whereby forgetting the main purpose why bitcoin was created at the first place. Majority are in bitcoin just to make profit without making use of it in their daily activities to purchase goods and services.
In the year 2015/2016 individuals that has bitcoin, make use of bitcoin to live flamboyant lifestyle. I could remember a young guy that bought Lamborghini with just 1600 bitcoin that cost $115 per bitcoin in the year 2016

No one will think that the price could reach almost $20k. We will see another ATH soon after the bull run comes, and if that happens, no one will know how higher bitcoin prices can increase. The bitcoin price itself has a chance to raise more than $20k, or it will back to $20k before the bull run comes, so if he doesn't have more patience to wait for the price increases, let him sell his bitcoin. If he decides to sell the bitcoin and the price starts to increase, I am sure he will regret to say that the ATH will not comes to us. He will feel sad why he chooses to sell his bitcoin too early.

There remains a sense of hope that the cryptocurrency could once again rise to or even exceed its former levels of prominence. For every bitcoin and cryptocurrency pessimist, it seems that there is someone else calling for a price of $100,000, $200,000 or even $1,000,000. There are reasons to be skeptical of some of these predictions, but I think that it will increase slowly.

people that want "get rich quickly" most of the times loss a lot of time and resources just following stupid ideas like "Bitcoin doubler" "HYIP" and every stupid activity that can help to "earn".
There is nothing guaranteed for get money. Only learn and job can give you the chance to make something valuable.
Other kind of stuffs are just ways for lose money.

About "value" predictions, yes I't s a waste of time see people sharing their opinion.
Anyone say a number and most of the times the more you say, more news appear regarding your hype!

It's a process that will be concluded once the market start to be strong again,
with this pandemic we are all speculating
The support is not that much to keep pushing forward but decent enough to
keep on holding from the last barrier.
We will be able to see another ATH as there are many investors and newcomers
that will start to push it little by little.
We all need to be patient and continue to believe that this industry will grow and
we will soon then see the new ATH.

Bitcoin's price moving up should be treated as a nice bonus feature, not the main one. I did not understand why investors hope to be at the bottom of the scheme, however, as being at the top is the best. I feel comfortable with BTC's current relatively low volatility, but I don't like that I still cannot really use Bitcoin directly as money because it's accepted as payment very rarely. And as for the price, many here are writing that they disagree Bitcoin won't ever reach a new ATH. I agree with them on this one, we don't know what will happen in a few years, and so far Bitcoin's been doing pretty good.

Total agreed on all your sentiments mate because this this is the main problem here in crypto community.
People tend toenter because of wrong interpretation as they are beng lured to invest with the promise of becoming rich overnight.

This is also the reason why the market stays struggling because of this image.

Imagine how would a market will increase the value if all the people are just buying and holding?
remember that this will grow by Supply and demand and not by holding.

So better change our attitude if we really wanted to make this another Hype achieved .

Never say never. Besides, it's hard to predict, especialy for a longer period of time, how the Bitcoin price will move. Just because Bitcoin price isn't rising according to our wishes we can't say that something will never happen. But even if it does or when it does you can't expect that it lasts forever. And you need to have patience. Patience is one of the most important features of good investor.

That's the sad truth which most folks are failing to come to terms with. Nobody is going to fomo buy into bitcoin to cause its price to sky rocket but we are likely going to see it rise and fall from time to time. The highest price I will ever assume it will reach will be say around $12K, anything above that will just be a short bubble.

It will never reach it's ATH when you don't have enough patience to stop checking the price on the exchanges every day. cause the rate of ATH is next to impossible because it's not that common we are talking about the rare events here which not yet happen after 3+ years. Yes, we have some price hike these past years but didn't enough to set a new ATH record. If these new investors only came here to make quick money then they are totally wrong because BTC investment are for long-term investors. The people who got some quick cash from bitcoin are only those few lucky guys who managed to invest just before the bull run.

Right, I think not just bitcoin but we should take our investments with good approach otherwise instead of getting rich, we might get poor instead.


I think the system is perfect already, although still not old as compare to traditional global markets, it's a perfect fit for us, traders/investors.


But it become one of the best speculative asset today, what we should do is really study how everything works and don't jump if you are a newbie if you don't know what affects the price movement and thinks that the price will go on a parabolic rise.


Digital money, e-money whatever everyone calls it, great invention and we should take advantage of it.

This is so true and I have been telling this to people from so long. Whatever you speculate bitcoin is too much overpriced for 20k dollar tag. Moreover all these price speculation make it look like a get rich quick scheme because there is no chance that a currency b selling this high. There is no intrinsic value. You just can't say the people using the network and network itself are valued at $20k per bitcoin. Think of it. Anyone can make a blockchain today so easily. Just a first mover advantage can't give you such a high price.

Perhaps, creating such statements is what helping these people to earn, they usually take advantage of the price of bitcoin to earn profit and without big bitcoin personalities not creating such hypes, there will be less engagement in bitcoin because what really makes bitcoins price increase is the demand for people towards it. So we can see tons of statements even not proven true, but there is really a possibility of it to happen. Maybe statements aren't enough, but if bitcoin will be further developed to provide better service in terms of the lower transaction fee, faster transaction speed and easier usage, this is what will really drive people to demand for bitcoin.