Topic: What if Bitcoin never reaches a new ATH? - page 3. (Read 1655 times)

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?

I think that in order for Bitcoin to adapt in everyday life, it needs to be used in everyday life, which is not the case right now, Bitcoin needs to be regulated.

I think it's a mistake that BTC only looks through the price. He needs to adapt in creating life. Make it normal to buy something with him. Nobody keeps a dollar or a euro because they think their value will grow

I think it's a mistake that BTC only looks through the price. He needs to adapt in creating life. Make it normal to buy something with him. Nobody keeps a dollar or a euro because they think their value will grow

BTC already proves itself for how many times. I do agree with you that it shows us how it is easy to achieved $14k, new ATH will be a piece of cake, maybe not today or right after the halving, it may take more months but at least, new ATH will come for sure.

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.

Even though you think that $ 20,000 isn't a big price, it seems like it's very big for bitcoin. During this time, bitcoin has only been done once, or never even reached it. despite achieving it, it doesn't take long enough. thinking about this, I think it's very difficult for bitcoin to reach the price of $ 20,000 again even though there is a halving upfront. Well, I'm not spreading FUD, but for now, we really need to see prices realistically. even if there is a pump for bitcoin after halving, I think it requires hard work to reach the price of $ 20,000 and maintain it

$20,000 for Bitcoin is not that big a price, I think the crypto industry will only grow over the years and sooner or later Bitcoin will cost more than $20,000.

$20,000 for Bitcoin is not that big a price, I think the crypto industry will only grow over the years and sooner or later Bitcoin will cost more than $20,000.

Bitcoin will do ATH again. What if he doesn't? Nothing happens. It does not matter. If the value of Bitcoin drops one day, perhaps another project will replace it. I don't think that would happen. Next time the king is always bitcoin.

$20,000 for Bitcoin is not that big a price, I think the crypto industry will only grow over the years and sooner or later Bitcoin will cost more than $20,000.

We never need the ATH each year if we know how the market is doing. What we just need to do to have profit in bitcoin is to be aware of the market trend and to make each of our trade effective by hitting the right moment to gain profit. As far as I know, we have altcoins to help us earn better. We need not to lock ourselves with bitcoin if we know that bitcoin isn't profitable at the moment. We could always consider those that are showing potential market increase event in long term or short term.

Bitcoin will do ATH again. What if he doesn't? Nothing happens. It does not matter. If the value of Bitcoin drops one day, perhaps another project will replace it. I don't think that would happen. Next time the king is always bitcoin.