Topic: What if Bitcoin never reaches a new ATH? (Read 1655 times)

Well, to be honest this is unpredictable, at this moment we can't speculate if bitcoin can reach a new ATH, the price currently is about $ 8k and going up slowly I guess $ 10k is possible at least in this year but for passing the $19k it's kinda hard for the bitcoin to make it happen. let's see if it can pass the 15k first then I  truly believe that it can reach the ATH again and maybe will be skyrocket.

It is not just an assumption but a fact, the halving was in 2016 and we had the best rally in the market by 2017 and this time also i am expecting 2021 to be the best year for the bitcoin market if everything follows the same pattern.

The difference was that there were many new investors in the market and the hype surround the bitcoin market was really huge and the introduction of options market all helped the market in a great way.

Agree I think at anytime bitcoin could easily reach or surpass this all-time high price in the market since the bitcoin now has a bigger community and a lot of big companies that use it as an asset I think investing in bitcoin this days is much profitable than the past year. I guess the best thing to do is just to hold bitcoin for long term investment since the bitcoin slowly is getting a lot of potential in increasing its market price and being a top digital currency in the world.

Well, some people say that the 2017's sharp rising resulted from the previous halving in July 2016. It just took some time before the 2016's halving had its effect.

Also, the thing is that all the newly minted coins is not exactly "supply", because:
1. Not all of them immediately appear on the market;
2. The selling orders and the coins that are sold each day in response to buying orders, that's the real supply.

So, we can't say that we had the same supply when BTC was $550 in August 2016, and when it went up to $20k more than a year later. In fact, we can say, even without looking that up, that the supply was shorter or the demand was greater, but the situation was definitely not the same.

For me it does not matter whether Bitcoin will never reaches a new ATH as long as it has a real life use case and still highly volatile.  Real life use case is important because it conveys that Bitcoin in not just a worthless code that is highly hyped and the volatility so that I am able to profit from it by exploiting the price movement into my advantage.

At first, we already know that cryptocurrency or bitcoin is risky when it comes to investment so even if it doesn't reach the All-time high price in the market bitcoin still was profitable and great for investment because of its volatile market price. But surely there is a big chance that it is going to reach it's going to reach the ATH since the technology is rising and bitcoin is already slowly getting implemented in a lot of places that are going to influence a lot of people, this could easily increase the demand of bitcoin that is going to pump the market.



Agree it was just the circulation of investment or the investors that are investing their money in bitcoin they just buying low and selling it at the high price so I guess bitcoin is still the best cryptocurrency even if it doesn't reach the ATH. Also, it was not just the market price that makes it a great or the top digital currency.

That's why let's not expect too much, let's just analyze the possible and realistic things that will happen, and of course let's be ready all the time. We really never know when the crytpo will be up and down, so we need to study about the market itself and not just asking people what will happen, what are they accepting.

What if we fail again with our expectations? Does it push us to find an exit door?
I believe people who already trusted crypto since before they will still stick together even we fail again this year and there is no way to quit. We think and been so hopeful that crypto has a better future and it all be possible if we still give our support despite of crisis that we've encountered every day.

I don't know how to make sense out of this. With the same supply per month, Bitcoin was $500 as well as $20k. Halving will not have much effect because you can't put the demand in numbers here. The speculation  before halving will make people FOMO and that will most probably lead to the price rise. Halving in itself won't have much effect.

There is another topic here showing(or, rather, reminding us) that the price not necessarily rises the same year. It can take a year, or even more than that, for the market to "feel" the the shortage of 27,000 newly minted coins every month. That's right, 27k less BTC will be produced each month after the halving. I think it should have some effect on the market, sooner or later.

If the price do go down you’re not going to lose all your money. As a Bitcoin investor you should know how much risk you’re able to take and avoid taking more than that.

You can keep your risk level at fifty percent % and when you invest and the price drops to the extent of losing that much you can then withdraw and wait for another time to invest it back. This is why as a Hodler you should always do proper research before buying Bitcoin, a wrong investment is going to make you regret ever investing in bitcoin, because after waiting for a long time and gaining nothing, it’s quite frustrating.

But there hasn't a strong basis that if we reached 10k USD in bitcoin and altcoin returns profitable, we will reach a new ATH, new ATH are being achieve by a cryptocurrency with a strong support and push from people. Basically, if the demand is pushed through, making its market price high based from this basic concept of supply and demand. Most probably, the cryptocurrency with limited supply or cryptocurrency that are experiencing scarcity, are the most vulnerable to achieve ATH because of the people buying it even if they don't set the price to higher buying price.

It is precisely those feelings that the whales are using against you, they are trying to slow down the coming of the next bull market, why? Because if they do that people will get desperate and they will sell their coins to them, if you take a look at some of the biggest holders you will realize they are getting smaller in fact they are getting bigger, it is for this reason I do not think the halving will bring an immediate bull run because the whales want people to get desperate about the situation.

For that to be true, whales need to coordinate their actions, and this sounds quite unlikely to me. Imagine one whale trying to crash the market, but then other whales immediately buy all the coins that the first whale dumped and even more - now he lost a lot of money with his attempt at manipulation. Or consider this scenario - a whale tries to start a pump by making big purchase, and the "newbies" continue the pump, and now it's time for the whale to take profit by dumping, but another whale proves to be faster and takes the profit instead - the result the same as in the first example - a whale loses a lot of money.

Things like that happened in the past, remember the legendary bearwhale story?

That's certainly true, mate. Whales are the ones who mostly manipulate the crypto market. They always buy low and sell high no matter the circumstances. Whenever there are negative news about crypto and Blockchain in general, they always resort to shorting crypto at exchanges for their own benefit. Whales easily buy cheap coins from frustrated investors (mostly noobs) to sell later at a higher profit. When the time is right, they'll pump the price of Bitcoin to the roof just like it happened way back in 2017.

I believe that the same thing will happen this year, since the halving event will take place soon. The less Bitcoin there are, the more valuable it will turn out to become in the long run. Of course, we cannot deny that regulations have had an impact over the crypto market's growth rate. But the decentralized nature of Bitcoin and other cryptocurrencies, allows anyone to set their own price at will instead of a central authority (like a central bank).

Nonetheless, we cannot deny that Bitcoin is largely unpredictable at times. It can either turn out to be valuable within a couple of days, months, or even years from now or all the other way around. I still have hope that Bitcoin will turn out to reach a new ATH this year, or the one after that. As long as you're able to accumulate coins while their prices are depressed across the market, you'll be able to obtain double or triple your investment within a couple of years from now. Just my thoughts

That may happen. Now there are still many people who are not awake and still keep bitcoin when they buy at nearly $ 20k. If bitcoin rises at a price close then they will sell it and cut a loss. That is the first reason why the price of Bitcoin is hard to reach ATH again. The second reason is that now the money-rich fish that died in 2018 are now resurrected and have more experience. they have a lot of money and they have experience, so the manipulation of the whales will hardly be able to eat their money anymore. The majority of the fish-raising plans have been to sell bitcoins before ATH.

Seeing the movements of Bitcoin and the different stages that the market has fulfilled, that there will be a new ATH there will be, perhaps when it reaches $ 20k it will pass quickly, although that limit is a Roof by natural definition, the new ATH must be very juicy, since the accumulation stage has been developing in the order of $ 3k and $ 6k, to be an accumulation stage it is with good dollar levels, currently there may be a re-accumulation, that means that when it increases Price will be something very big, for those in Hodl it is the smartest way for them to become much more millionaires.

This is seen from a speculative point of view of the market and, in turn, as an investor can see, since if it enters the interest based on technology, it is an advantage that Bitcoin has, there are many interests that develop as time passes, communities in speculation are created as technology enthusiasts.

After the ATH of bitcoin, there's a lot of changes in the market and also in mining. I guess they've just used cryptocurrency for their own benefit in 2017 as it's being broadcast in the news that Bitcoin is growing up.
Well, all of the assets that are existing even in stocks are fluctuating so it's normal to consider that price can really never be stable.

Bitcoin's price can never really be stable. It has been fluctuating all the while since it's birth. Bitcoin has crossed it's ATH many times in the history and so I can assure you that it will surely cross it's ATH some day.
Nobody knows how long would it take for the next ATH to occur but possibility of that happening is extremely large.
The last bitcoin will be mined in the year 2140 and so we have so many years ahead of us for the ATH to occur.
There are even chances that we may not see the ATH again but our next generations might. So let's just hope that the ATH occur before rest in peace 

Yeah the bitcoin's price was pumped hugely before by whales mostly. It was in 2014 and also in 2017 when the price increased a lot and reached the 19k$ level in a few months. I believe that pump cycles off bitcoins price will continue and we will see a high increase of bitcoin in the next few years! I hope that's gonna be in 2020 because bitcoin's holder are getting tired and they need to make a decent profit, because they're waiting for 2 years and nothing important happened till now.