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Topic: What if Bitcoin never reaches a new ATH? - page 2. (Read 1655 times)

full member
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January 05, 2020, 12:25:56 PM
If at this time everyone is afraid that Bitcoin never hitting ATH, for me, as long as its all-time low doesn't get lower than ever, the market is in a good condition. We are always hoping for the good market price, to be precise, a sudden price increase that we call the bull run, but as long as we persuade people to adopt cryptocurrency, we have nothing to fear. The growth of market prices may be sluggish, but it would certainly make the all-time low higher every year. I'm probably suggesting staying for a long time with this.

Agree with you, going by what we have now as the price am okay and fine too because at least its not seem as a hype project or a ponzi scheme as before. Lowering into the decrease figures will create worries in me than not attaining ATH. Based on the past history of Bitcoin, no year we don't see lower and higher depending on the price, so, we should be ready for a lower if not be experiencing now or later.
hero member
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January 05, 2020, 12:12:03 PM
this is what happened guys, in my assumption. Whales is waiting for everything to be quiet, bitcoin holders are getting tired. and most will sell their BTC. I saw this when I was 2014 last. which BTC has the lowest price of around $ 200. and at that time trading was not like today. that's when whales made a surprise by pumping, then continued until 2017. I believe bitcoin still has a new ATH and it will come soon.

This is similar to what I think about the current situation. Knowing that the price will inevitably go up in the upcoming months, whales are dumping in big chunks to make it as low as possible. Then they are buying up at low price, stealthily, in small amounts, very cautiously, so that it wouldn't spark the price rising before they accumulated the desired amount of BTC. I suggest to potential investors to take advantage of the situation before it's too late.
The thing here is that majority doesnt know on how to utilize those movements yet its hard to predict nor presume on whats the lowest or bottom price for them to enter
thats why people do missed out chances on getting good profits because they do hesitate and the ones who do make money is to those who do risk to buy in spite of
being unsure.On topic in regards if btc would ever hit up ATH again? no one knows but it would be good to see a slow and gradual increase to reach that point.
legendary
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January 05, 2020, 11:57:53 AM
I strongly doubt that. Bitcoin's price would undoubtedly once again hit an all-time high, but I believe it would come only when other governments decide to accept it. In the long run, this would certainly increase their use in the world and their quality. It definitely wouldn't happen soon, so holders should be careful and stay strong. Hopefully bitcoin will hit millions in the distant future.
We should not depend on that especially since governments are never going to do that unless they are forced to do it, put yourself in the position of the governments, before bitcoin appeared you had complete control of currencies and anyone that tried to compete was destroyed by you and your greatest competitor gold has been beaten for decades, and then bitcoin appears and changes everything almost overnight and you want those governments to accept bitcoin despite being a threat to them, that does not really make too much sense.
sr. member
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January 05, 2020, 10:07:02 AM
If at this time everyone is afraid that Bitcoin never hitting ATH, for me, as long as its all-time low doesn't get lower than ever, the market is in a good condition. We are always hoping for the good market price, to be precise, a sudden price increase that we call the bull run, but as long as we persuade people to adopt cryptocurrency, we have nothing to fear. The growth of market prices may be sluggish, but it would certainly make the all-time low higher every year. I'm probably suggesting staying for a long time with this.
legendary
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January 05, 2020, 08:39:14 AM
this is what happened guys, in my assumption. Whales is waiting for everything to be quiet, bitcoin holders are getting tired. and most will sell their BTC. I saw this when I was 2014 last. which BTC has the lowest price of around $ 200. and at that time trading was not like today. that's when whales made a surprise by pumping, then continued until 2017. I believe bitcoin still has a new ATH and it will come soon.

This is similar to what I think about the current situation. Knowing that the price will inevitably go up in the upcoming months, whales are dumping in big chunks to make it as low as possible. Then they are buying up at low price, stealthily, in small amounts, very cautiously, so that it wouldn't spark the price rising before they accumulated the desired amount of BTC. I suggest to potential investors to take advantage of the situation before it's too late.
sr. member
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January 05, 2020, 02:19:24 AM
this is what happened guys, in my assumption. Whales is waiting for everything to be quiet, bitcoin holders are getting tired. and most will sell their BTC. I saw this when I was 2014 last. which BTC has the lowest price of around $ 200. and at that time trading was not like today. that's when whales made a surprise by pumping, then continued until 2017. I believe bitcoin still has a new ATH and it will come soon.
Basically we all know that miners are getting profits by selling BTC and there's no way they could sustain their mining facilities if they hodl allot of bitcoin and sacrifice their own self made money from their outside world jobs. Miners will surely sell Bitcoins but the only difference from before and today is the market price they will try to sell and it is no doubt to be higher than ever. So think of ATH, if the miners will be the reason then it will take time to reach the ATH unlike in 2017 which is like the shotgun attack of price increase from nowhere.
legendary
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January 05, 2020, 01:16:48 AM
this is what happened guys, in my assumption. Whales is waiting for everything to be quiet, bitcoin holders are getting tired. and most will sell their BTC. I saw this when I was 2014 last. which BTC has the lowest price of around $ 200. and at that time trading was not like today. that's when whales made a surprise by pumping, then continued until 2017. I believe bitcoin still has a new ATH and it will come soon.
sr. member
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January 04, 2020, 07:45:14 PM
I strongly doubt that. Bitcoin's price would undoubtedly once again hit an all-time high, but I believe it would come only when other governments decide to accept it. In the long run, this would certainly increase their use in the world and their quality. It definitely wouldn't happen soon, so holders should be careful and stay strong. Hopefully bitcoin will hit millions in the distant future.
hero member
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January 04, 2020, 08:15:18 AM
I am willing to wait to see Bitcoin reached at the new ATH, it may not be this year or the year 2021 but fore sure that it will still come as the fame of Bitcoin is continuously progressing and adoption of it is continuously evolving all over the world. Worrying doesn't help at all, let's just do our part to market it.
to target a new ATH on bitcoin it will be difficult to find certainty, but I am pretty sure that the growth of Bitcoin can reach the new ATH going forward. it's only a matter of time until the market shows a new ATH price on bitcoin, and for this year I hope bitcoin can reach a better price than now.
legendary
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January 04, 2020, 07:53:31 AM
wrong again. bear market ended a year ago. 2019 was a bull market or have you missed out on the 330% rise that we had this year?!!

For me, 2019 was still a bear market as Bitcoin didn't get past its latest ATH of $20k per coin. It was hovering between the $6.5k - $8k range during the course of the year. While I didn't invest into Bitcoin while it soared to $20k per coin, I regret myself not having sold my coins when they were that high. I could've made a lot of profit by then. Instead, I've "hodled" my coins as I believed Bitcoin was going to go much higher than that by 2018.

Anyways, it's 2020 now and prices are still below $10k. Maybe the next halving would trigger an increase in price? Because if Bitcoin stays at the $7.5 - $8k range, then it would turn out to be quite unprofitable for those mining it. Let's hope that won't be the case and Bitcoin soar towards new ATHs within the upcoming years. Wink

I personally can't see any problem here. Yes, if the price stays below $7,500 after the halving, it can be unprofitable to mine for those who have to pay above $0.05/KWh for electricity, and also to pay for rent etc. But it would be unprofitable for the current number of miners. If this number decreased  3 times, we would still have a secure blockchian, while mining would become 3 times easier.

Correct me if I'm wrong. Do we really need the current number of miners to maintain the high level of security?
legendary
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January 02, 2020, 02:31:01 PM
wrong again. bear market ended a year ago. 2019 was a bull market or have you missed out on the 330% rise that we had this year?!!

For me, 2019 was still a bear market as Bitcoin didn't get past its latest ATH of $20k per coin. It was hovering between the $6.5k - $8k range during the course of the year. While I didn't invest into Bitcoin while it soared to $20k per coin, I regret myself not having sold my coins when they were that high. I could've made a lot of profit by then. Instead, I've "hodled" my coins as I believed Bitcoin was going to go much higher than that by 2018.

Anyways, it's 2020 now and prices are still below $10k. Maybe the next halving would trigger an increase in price? Because if Bitcoin stays at the $7.5 - $8k range, then it would turn out to be quite unprofitable for those mining it. Let's hope that won't be the case and Bitcoin soar towards new ATHs within the upcoming years. Wink


No new ATH would mean not much further evolving of Bitcoin - as technology and as acceptance/use too. It would mean Bitcoin dying. It would make the miners leave. It would be bad.
But I don't think that this can realistically happen.

Also, how many years means "never"?!  Wink

That's certainly true, mate. I guess we'll have to wait and see what happens with BTC's price every 4 years after each halving of the block reward. If Bitcoin mimics Gold as a store of value, prices should definitely go up within a couple of years from now. Of course, we cannot deny the fact that whales and regulations manipulate the market in every way. I'm guessing that demand for BTC will grow as people realize the true benefits of the Lightning Network. No one knows what BTC's price will be in the future.

I've said "never" because it's taking too long for Bitcoin to reach at least $10k per coin. The high price volatility is extremely risky for any "hodler" today. Imagine if Bitcoin would go lower than $5k this year, instead of going higher by the next halving? Anyways, I think it's best to cash out to Fiat every once in a while and never have to worry about Bitcoin prices ever again. Roll Eyes
hero member
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January 02, 2020, 09:37:19 AM
I am willing to wait to see Bitcoin reached at the new ATH, it may not be this year or the year 2021 but fore sure that it will still come as the fame of Bitcoin is continuously progressing and adoption of it is continuously evolving all over the world. Worrying doesn't help at all, let's just do our part to market it.
copper member
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January 02, 2020, 04:37:12 AM
First, I believe that crypto adoption will continue to increase, so I will not believe that bitcoin will not reach its new ATH due to its limited number of supply. the math is very simple with bitcoin, price will increase as the demand increases and one thing that could drive a new ATH is the hype in the market and the whales still has the power to manipulate the price.
The whales always have the power to manipulate the market and the price so by just simply blink of seconds they can dump or pump the price of a cryptocurrency. There is always a way to hit the all-time high price of bitcoin just like what have you said in adoption. Years passed by and bitcoin was recognized, it will still continue. By just increasing the adoption of cryptocurrency we can now reach or set a new all-time high price.
sr. member
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January 02, 2020, 04:02:19 AM
If everyone is fearing about bitcoin never reaches ATH at this time, for me, as long as its all time low is not getting lower than ever then the market is in a good condition. We always hope for the good market price, to be exact, a sudden increase in price which we are calling the bull run, but as long as we are convincing people to adopt to cryptocurrency, we don't have to fear anything. The market price development might be slow, but it would be for sure make the all time low higher each year. With this, I probably advise to hodl for a long term.
adoption will continue to run well, but the sentiment is somewhat reduced and there are some manipulations that expect a sustained downtrend, they expect a market panic that always results in a recurring retracement. The most important thing is continuity to maintain a never-ending circulation, ATH will emerge because bitcoin can open people's insights about its advantages compared to fiat.

market manipulation that makes people panic, but actually it is very difficult to do market manipulation and is usually done by whales who have a lot of funds. but with pure market circulation makes it difficult for those who manipulate it. therefore panic should not occur, because what helps market manipulation is panic sell
sr. member
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January 02, 2020, 02:00:26 AM
As it's said, "Patience is a virtue". We as "hodlers" of Bitcoin should be patient in order to see better results in the future. But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run.

What are your thoughts? Huh

That's completely a not-so-good mindset. Intelligent hodlers aren't settling for one option. You have to deal with bitcoin's price volatility, Waiting for a new ATH was somehow a good option but it wasn't as good as selling coins accordingly to the price movements as it gives you more options to take rather than just waiting for a once-settlement. In addition to this, it takes too much time (of course) that in such time length you might have probably earned some good-to-go profits, lastly you didn't have any piece of idea when ATH will come, right? What's much worse with this is that"what if Bitcoin never reaches a new ATH?" Then what would you do? as you don't have any sort of options or plan b.
sr. member
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January 02, 2020, 01:20:46 AM
Ever since strict regulations were introduced in 2017, we've seen a substantial decline in Bitcoin's price across the market. It's believed that 2017 was the year where Bitcoin and other cryptocurrencies went "mainstream" as many people adopted them for their own benefit. The introduction of new regulations, ETFs, futures trading, and Bitcoin forks (BCH, BSV, etc.) could've had an impact over Bitcoin's price. Whales could be manipulating Bitcoin's price as we know, preventing the pioneer cryptocurrency for reaching new All-time-highs in price.

Imagine if every Bitcoin halving, prices would remain the same or lower than they were before. This would turn out to be completely unsustainable for miners, resulting in decreased security of the Bitcoin blockchain. Of course, the way Bitcoin was designed tells us that price should be going up over time. But I've seen how regulations and events in the mainstream world have negatively impacted Bitcoin's price to a point where it has taken a very long time to rise back up to its original levels. It's been almost 2 years since a bear market occurred (2018), and could last longer as we know it.

As it's said, "Patience is a virtue". We as "hodlers" of Bitcoin should be patient in order to see better results in the future. But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run.

What are your thoughts? Huh
In my opinion, through adaptation and implementing bitcoin in a lot of countries all over the world, I think bitcoin should reach the all-time high over time as the bitcoin community is getting bigger.
As the demand of bitcoin increases and supply is decreasing making the market price to pump it should reach and surpass the ATH price of bitcoin.

If bitcoin never reaches a new ATH maybe bitcoin was not a successful digital currency or cash in the market, right now bitcoin was already getting started and if it doesn't increase its price something is going to surpass it.
sr. member
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January 02, 2020, 01:03:53 AM
If everyone is fearing about bitcoin never reaches ATH at this time, for me, as long as its all time low is not getting lower than ever then the market is in a good condition. We always hope for the good market price, to be exact, a sudden increase in price which we are calling the bull run, but as long as we are convincing people to adopt to cryptocurrency, we don't have to fear anything. The market price development might be slow, but it would be for sure make the all time low higher each year. With this, I probably advise to hodl for a long term.
adoption will continue to run well, but the sentiment is somewhat reduced and there are some manipulations that expect a sustained downtrend, they expect a market panic that always results in a recurring retracement. The most important thing is continuity to maintain a never-ending circulation, ATH will emerge because bitcoin can open people's insights about its advantages compared to fiat.
legendary
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January 01, 2020, 12:56:50 PM
But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run.
What are your thoughts? Huh

No new ATH would mean not much further evolving of Bitcoin - as technology and as acceptance/use too. It would mean Bitcoin dying. It would make the miners leave. It would be bad.
But I don't think that this can realistically happen.

Also, how many years means "never"?!  Wink
Bitcoin is simply too good to stop being adopted and used by people all over the world, as the political situation all over the world begins to worsen and their economies worsen as well we will begin to see people looking for alternatives to what the government offers and bitcoin will be there for them, also people are not going to go against what it is on their best interest if they have a neighbour that became rich because he invested in cryptocurrencies you can be sure they will try their luck with cryptocurrencies as well.
sr. member
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January 01, 2020, 11:44:57 AM
Nobody knows about this question that is echoing since Dec 2017. Two years passed but bitcoin price went nowhere near to its ATH. This doesn’t mean that ATH is not attainable by bitcoin. Best way to keep moving with bitcoin is to define your own buying and selling strategy. Wild swings of bitcoin are always there to buy and sell while maintaining good ratio of profit.
sr. member
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January 01, 2020, 10:59:47 AM
If everyone is fearing about bitcoin never reaches ATH at this time, for me, as long as its all time low is not getting lower than ever then the market is in a good condition. We always hope for the good market price, to be exact, a sudden increase in price which we are calling the bull run, but as long as we are convincing people to adopt to cryptocurrency, we don't have to fear anything. The market price development might be slow, but it would be for sure make the all time low higher each year. With this, I probably advise to hodl for a long term.
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