Topic: What if Bitcoin never reaches a new ATH? - page 5. (Read 1655 times)

Only a few people wanted a true change for the world specially in the financial sector. For myself, I never viewed Bitcoin as an investment but rather a change or a replacement for Fiat money. Look, if majority of the people all around the world trust Bitcoin as daily mode for payments, that would be revolutionary. Remember 1 BTC is divisible. One that has stack the most has a lot. If fiat is gone (and i know eventually is), and say, you have 0.10000000 sats you would be a millionaire with 10 million sats. The one who stacks late, the one will be poor, in a world that is governed by bitcoin financial system.

The way you address your topic is that you are still a 'BIG FAN' of the current FIAT system. Of course, you can have what you want in the current system maybe because you're too young (can't blame you for that) and I am 55 years old and still stacking satoshis for the future of my children.

Look, my children, i educate them with crypto specially BTC but all fall on deaf ears. I recently just discovered BTC way back in 2018 of december. When i am looking how to preserve wealth in the future and i really do not believe in gold as it is not portable and many people will hunt you if they knew you have one. That's when bitcoin gave a solution. I looked at the white paper and educate myself in it. And said to myself that, this Bitcoin thing will be revolutionary!

Feel free to give some as I happen to inspire you on what the future holds for Bitcoin and it's religious Hodlers!

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Thanks and may be a prosperous year 2020 for us all, specially, the Bitcoin Hodlers! Be safe!

With a great deal of negativity suddenly within the crypto sector following elevated regulatory concerns surrounding The rest, Facebook Libra, and Bitcoin of the asset type, the sell pressure and also fear has made altcoins to capitulate as well as Bitcoin to start crashing.

Altcoins aren't just dropping to brand new lows in USD worth, but their BTC proportions are at extreme lows. So small, that it in case these ratios were maintained all of the right way to the top of the following Bitcoin bull run, really $100K BTC would not let most altcoins achieve a new all time high in USD value

If Altcoins Maintain BTC Ratio, $100K Bitcoin Will not Drive them to New ATH At the beginning of 2019, altcoins had outperformed Bitcoin, with numerous doubling in worth in USD and in BTC ratio. Litecoin is a pathetic illustration of this, and also it ceased the rally of its following a 600 % increase.

But since April, the once correlated altcoins diverged from Bitcoin substantially, and have since gone on to attain new lows. Investors are capitulating, along with a lot of it's being pushed by fears of approaching regulation, that has caused a big part of the marketplace to be cut off from Binance, the top crypto exchange.

Nevertheless, the majority of crypto investors are keeping out hope for the promise of an "alt season" - a time at what selling in the asset type is completely exhausted, and the lower liquidity coupled with FOMO drives up the cost of every altcoin substantially quickly. Such an occurrence brought numerous ridiculous return shipping at the level of the Bitcoin bull run.

Anyone late to alt season got left trapped holding several expensive bags. Expensive bags that may not again return to the previous all-time high of theirs.loadmore....

No matter how much bitter it sounds, my take is that the users need to seriously think about a scenario in which the Bitcoin exchange rates remain at the current level for an extended period. A lot of the users still live on dreamland far away from reality, and they think that what happened in 2013 and 2017 is going to repeat again and again. What they fail to remember is the fact that the exchange rates went down by 80% in 2014-16, and again another 85% during 2018.

There are many crypto traders who are riding with the waves earning profits with opportunities by shorting or longing at the right spots as you rightly said there are other opportunities to earn good pay with bitcoin if properly utilized, so if new ATH did not come in as much as some people are making profits consistently with bitcoin those categories of people would not bother about a new ATH.

if that happens, why are you sure that investment and bitcoin will grow, while bitcoin cannot reach the new ATH. when we are optimistic in the long term we should be sure that its value will continue to grow and be able to make a new ATH. what's interesting if bitcoin is stagnant? so far we have been looking for profits from very high fluctuations. but I'm sure bitcoin can reach new ATH, nobody knows about it, let's wait for 2 years to come.

These happen all the time, people always says about bitcoin cannot reach new ath. If we truly understand bitcoin surely people at first have their beliefs in bitcoin stands in the market. Once you invest in bitcoin you have a goal when to earn a profit. If it will not reach new ath I will still makes ways to earned profit.

if bitcoin cannot reach the new ATH then i will take advantage of the small movements of bitcoin to get profits, but maybe the best way is to save bitcoin for investment purposes because i am still sure that bitcoin will continue to grow and maybe the peak is the legality of the countries that are currently still haven't done legality on bitcoin

I also think that but I am thinking that it would not be easy to reach another pump like before because it is different year from 2017. I don't expect much from this upcoming year 2020 and just wait and hold much more bitcoin until the time comes to avoid regrets.

People were saying the same when Bitcoin was under $1k and same question is being raised now. Why to wait for ATH always. If you can trade properly, then you can take profits in short term too.
Right now, there's a lot of fuss around the halving. People are skeptical about the price rise which is didn't happen would make mining Bitcoin expensive. This can make many miners leave which in turn can cause network congestion.
Right now, Bitcoin actually would have to breach the ATH for it to be sustainable.

I believe that Bitcoin is able to reach its new ATH, especially if later all countries want to accept Bitcoin so the demand for Bitcoin will increase and of course it will make the price of Bitcoin rise dramatically. But some people are waiting after the Halving moment, many believe that after that the Bitcoin price will Pump.

Let us not underestimate bitcoin. It could still reach new ath in the future. But if not, then let's just accept it and be prepared for it. It is not like, not having a new ath is the ending of bitcoin. Bitcoin will still continue for a long time and there's always a possibility of it achieving new ath. We just need to be patient in waiting.

If Bitcoin has never reached new ATH, then it has become part of the crypto market destiny. But I think it is still a mystery when and when BTC can achieve new ATH since the end of 2017. Therefore I don't want to speculate about the price of Bitcoin.

As you have rightly said, patience is the key here, nevertheless, Bitcoin will surely reach another all-time here in the future when we have a well-regulated environment. Institutional money will flow in which will bring more confidence to traders and investors. The future of digital currency is bright in my own opinion.

If it is true that the price of bitcoin never reaches a new ATH, all we can do is hold bitcoin until the price reaches ATH or even exceeds ATH.
Because in my opinion bitcoin is now too strong to fail, that means sooner or later the price of bitcoin is definitely reach back to the ATH price.
Just the time that we all don't know yet, can happen in 2020 or the following year. Surely I'm very optimistic that bitcoin will reach ATH.

I'll still be happy if it never happens of course as long as it doesn't lose value and go down to 3000 because I treat it as a store of value.
 
I'd be happy if it gained a few hundred USD per year and take the next 5+ years to reach 20 thousand again. It's still a much better rate than banks offer and much safer than storing fiat money under your bed.

The Bitcoin price may rise to the highest level again. A new ATH might come. Or not. But the price was very playful. Bitcoin still offers many earning opportunities. Surfing in the waves is very difficult. Buying only bitcoin does not save you money. You need to make the purchase from the right spot.

You have said it all "patience is a virtue ". Before making any investment decision,  you should make proper enquiries that will help to engender trust.
In cryptocurrency investment, you loose money without blaming anyone about your investment decision.
Let's not talk about media speculation,  what is your personal analysis that made you believe in Bitcoin?

What I meant to say is that we gave them undeserved attention and support as a community after they got banned. We shouldn't even bother with most of them for the reasons I stated in the original comment. I don't mean we should take action against them.

allways there will be a ATH. because people wants to see this. everybody waiting, expecting a new ATH. in time its gonna be happen. today tomorrow or next year. its a cycle. yes there will be a new ATH. but important question is "when".

I have to say this:  you know it's a great time to be buying bitcoin when threads like this start getting made.  There are no doubt lots of people who've lost faith in bitcoin as an investment after watching it drop from $20k in 2017 and then from $13k this year.  They probably think bitcoin is never going to see any substantial price action again, and they're losing hope.

So I say again, buy when others are fearful.  That's probably some of the best advice I've heard about trading, and I don't think the general mood of the crypto market could be more fearful right now. 

Don't lose hope that bitcoin will get to another ATH, because it will.  I don't know if that's going to happen next year, the year after, or what, but it's going to happen eventually.  Just like I kick myself that I didn't save all the bitcoin I had from 2015, I don't want to be kicking myself down the road for having gotten rid of the bitcoin I had in 2019.  If I had more money at my disposal I'd be sinking most of it into bitcoin right now.