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Topic: What if Bitcoin never reaches a new ATH? - page 6. (Read 1655 times)

sr. member
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December 29, 2019, 03:16:54 PM
#87
If Bitcoin never gets back to $20,000 then it could be considered a failure. Since it is designed to be deflationary, it should always gain value compared to fiat. If it doesn’t do that then it’s not really holding value.
sr. member
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December 29, 2019, 02:59:06 PM
#86
Anything is possible - it's a crypto, but I think that every year the crypto will develop and therefore over the years Bitcoin will grow and reach the previous ATH.
legendary
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December 29, 2019, 02:32:20 PM
#85
bitcoin halving will trigger the price of bitcoin. And probably, it will be the sign for bitcoin to surpass its ath. It is the awaited news of the people around cryptocurrency.

Beware, Bitcoin halving may be overrated. It clearly has to have a rising effect on the price, but there's a good chance that rise is already in the current price. Don't forget that we are at more than double of this year's low!
Of course, Bitcoin can still rise a lot - with or without this halving.
sr. member
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December 29, 2019, 11:40:32 AM
#84
i dont know if ATH is must for people to sustain their investment in bitcoin, there were lots of holders in the market are just only spectating in the market and there were no eagerness for the ATH because for me as long as the price are moving there is no reason for someone to panic.
For quite some time the bitcoin is just moving in a short price point that's why people are not that panicking. It does not matter if bitcoin does not move in a higher price point, as long as people sees an opportunity to have a decent profit that may be the time we will see a more volatile market. The price of bitcoin, though it is not above its ath, the time it will be at higher than it is now, that is the time we will see a more propagating market that is for sure.
People aren't in a panic selling now that's why bitcoin is quite stable for a week without the fud and dramas it really helps the market to stay like this. If people already know how to play with the market's movement then i really think they did learn their mistake from the past. Bitcoin halving will bring and give us a new ATH when it comes.
if people already understand market movements and also good investment methods, bad news will not be able to influence it, but maybe more to new people who are still encouraged by the news, but if the numbers are small then the market will not be affected.
sr. member
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December 29, 2019, 11:04:50 AM
#83
i dont know if ATH is must for people to sustain their investment in bitcoin, there were lots of holders in the market are just only spectating in the market and there were no eagerness for the ATH because for me as long as the price are moving there is no reason for someone to panic.
For quite some time the bitcoin is just moving in a short price point that's why people are not that panicking. It does not matter if bitcoin does not move in a higher price point, as long as people sees an opportunity to have a decent profit that may be the time we will see a more volatile market. The price of bitcoin, though it is not above its ath, the time it will be at higher than it is now, that is the time we will see a more propagating market that is for sure.
People aren't in a panic selling now that's why bitcoin is quite stable for a week without the fud and dramas it really helps the market to stay like this. If people already know how to play with the market's movement then i really think they did learn their mistake from the past. Bitcoin halving will bring and give us a new ATH when it comes.
sr. member
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December 29, 2019, 09:58:33 AM
#82
i dont know if ATH is must for people to sustain their investment in bitcoin, there were lots of holders in the market are just only spectating in the market and there were no eagerness for the ATH because for me as long as the price are moving there is no reason for someone to panic.
For quite some time the bitcoin is just moving in a short price point that's why people are not that panicking. It does not matter if bitcoin does not move in a higher price point, as long as people sees an opportunity to have a decent profit that may be the time we will see a more volatile market. The price of bitcoin, though it is not above its ath, the time it will be at higher than it is now, that is the time we will see a more propagating market that is for sure.
sr. member
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December 29, 2019, 09:51:04 AM
#81
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
For me it is not possible, bitcoin will surpass its previous all time high but it will take time. But if the bitcoin will not achieve the new all time high then it means that the demand is gradually decreasing and the buyers are overwhelmed by buyers. As time passing by technology become more advanced and we humans need improvement and for sure that there are many people who wants to adopt bitcoin.
If bitcoin will not reach its ATH, many people will be disappointed specially those who are supporters of bitcoin. But it will never happen, bitcoin halving will trigger the price of bitcoin. And probably, it will be the sign for bitcoin to surpass its ath. It is the awaited news of the people around cryptocurrency.
hero member
Activity: 2996
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December 29, 2019, 08:53:29 AM
#80
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
Confidence will surely lost specially if hodlers do wait up for too long or shall we say it take up for more years.Nothing is certain on any investment even though we do see the potential of crypto specially with Bitcoin.

What if it never reaches new ATH? We would stay on low levels but it would be good if its price is somewhat had some strong foundation which cant be easily be dumped nor manipulated but well
this thing i do ask is somewhat impossible.
sr. member
Activity: 924
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December 29, 2019, 08:49:16 AM
#79
i dont know if ATH is must for people to sustain their investment in bitcoin, there were lots of holders in the market are just only spectating in the market and there were no eagerness for the ATH because for me as long as the price are moving there is no reason for someone to panic.
sr. member
Activity: 1638
Merit: 300
December 29, 2019, 07:53:32 AM
#78

No thats not will be a reason for stop holding bitcoin, if you are holding bitcoin just for profit then you are just investing just to earn  money and not for the technology behind it. There is something wrong with this idea people buy bitcoin not only for profit but because its usable as currency and you can easily send money any where and any time without the need of 3rd party.

Well, we can't force anyone to use bitcoin to be a currency. I did force someone to take bitcoin as payment but he doesn't want it. It is not the reason that it is a scam but with its volatility, he is avoiding that it might fall down and will lose his profit from what I've bought. It is usable as a currency but does all of the people think like that?
sr. member
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December 29, 2019, 07:36:56 AM
#77
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 own opinion, if bitcoin never reaches the new ATH next year or in the future. I think a lot of people would really stop holding bitcoin because most of them are expecting that bitcoin would have a new ATH. But for sure bitcoin will reach the new ATH because there are a lot of people who haven't use bitcoin, so bitcoin would increased it's price much higher than we expect.
No thats not will be a reason for stop holding bitcoin, if you are holding bitcoin just for profit then you are just investing just to earn  money and not for the technology behind it. There is something wrong with this idea people buy bitcoin not only for profit but because its usable as currency and you can easily send money any where and any time without the need of 3rd party.
legendary
Activity: 1008
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December 29, 2019, 07:28:22 AM
#76
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 own opinion, if bitcoin never reaches the new ATH next year or in the future. I think a lot of people would really stop holding bitcoin because most of them are expecting that bitcoin would have a new ATH. But for sure bitcoin will reach the new ATH because there are a lot of people who haven't use bitcoin, so bitcoin would increased it's price much higher than we expect.
Uhmm not necessarily, there's many reasons why bitcoin might not potentially climb back up to the new ath, ever. First of all, potential bugs in the code, like the inflation bugs that happened twice already. This can lead to people not trusting bitcoin and selling it off. Moreover, if most governments banned it, it would lead to a massive sell off and the crash in price. Then miners capitulating and selling off the btc for other crypto mining. The problem is that people take everything in bitcoin for granted, the fact that we made all time highs every three years, doesn't mean it has to happen again.
sr. member
Activity: 812
Merit: 262
December 29, 2019, 07:24:34 AM
#75
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 own opinion, if bitcoin never reaches the new ATH next year or in the future. I think a lot of people would really stop holding bitcoin because most of them are expecting that bitcoin would have a new ATH. But for sure bitcoin will reach the new ATH because there are a lot of people who haven't use bitcoin, so bitcoin would increased it's price much higher than we expect.
legendary
Activity: 3234
Merit: 5637
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December 29, 2019, 06:35:40 AM
#74
ETFs, futures trading, and Bitcoin forks (BCH, BSV, etc.) could've had an impact over Bitcoin's price.
Those things have zero long-term impact on Bitcoin's price, and even in short term they are barely noticeable.

I would not agree that that BTC ETF, if one day be approved by the SEC, will have no effect on price. Most agree that it will have a very big impact on price, but that in the long run it will cause big problems. Futures and forks are already known facts that affect the market in the short term, but they quickly fall into oblivion.

One good post written by our admin theymos in response to Andreas Antonopolous :

Bitcoin is about to reach 80% dominance, crashing shitcoins to zero and still we watch and care about youtube shills that offer nothing to the community.
This is what needs to be fixed.

Fix it in what way? The only way is to completely ban everything related to crypto on YT, but it's not a good solution. I agree that most of these videos just mislead viewers, but still, everyone should try to understand how today's marketing works, not just on YT, but on all other media. Everyone has to choose when investing their money, every coin has its risks, and so does BTC. Far greater security is when investing in BTC, because there is some sense and purpose behind this project, but if one wants to invest in Cardano or ETH, let them learn from their mistakes.


TGD
hero member
Activity: 1288
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December 29, 2019, 05:59:40 AM
#73
Even if the price stays right here and the adoption increases it will benefit the market in a very good way and eventually the price will rise.
Once it’s adopted then for sure the price will increase, it may not reach a new ATH but if adoption happens it can effect the price for good and hopefully reach a new set of record of ATH, even it’s not necessary It’s good to think that it still able to do it even there are countries who didn’t implement btc now it’s good to let them know that even without them BTC is able to create new ATH.
member
Activity: 211
Merit: 55
December 29, 2019, 05:51:31 AM
#72
Bitcoin is about to reach 80% dominance, crashing shitcoins to zero and still we watch and care about youtube shills that offer nothing to the community.
This is what needs to be fixed.

Any new person while searching for Bitcoin he finds videos shilling Cardano, XRP and other vaporware. Until he finds Andreas Antonopoulos videos it is too late and he already bought at the top price the next Binance chinese shitcoin. He listens to ridiculous conversations about how XRP will reach 589 dollars and how Cardano vaporware is better from EOS nonsense. Anyone wanting to buy Bitcoin ends up buying what shitcoiner youtubers promote. That's why I'd be totally happy if youtube bans them. They don't help Bitcoin and only care about pocketing the marketing funds from shitcoins.

All these youtubers don't inspire anyone either, as it is obvious that they have a fake interest in crypto and most of the times they just want to finish the daily routine and pocket the money.

There are a few that care more about Bitcoin but they feel that they need to shill a few alts because their audience is asking.
I hope they clearly understand that their audiences mostly don't care about these shitcoins and these people asking opinions and commenting about alts are usually the devs of these shitcoins.
I have stopped watching youtube since an interview of Charles Hawskinson with Ivan on Tech, this June I think. I was disgusted with what I saw.
Price of Cardano was at 0,10cents at that point. It was an obvious attempt to dump at a high price and they marketed this very cleverly.
Where is shitcoin Cardano now? 70% down at 0,03$ . Best way to treat your audience Ivan on Tech, promote this shitcoin and make them lose all their money.
hero member
Activity: 1890
Merit: 831
December 29, 2019, 04:49:20 AM
#71
Well the thing is , it's not important for bitcoins to reach the new or even the old ATH , what important is that it actually gets adopted by all the countries as a whole , what I know is even though the bitcoins is facing a backlash still at the same time it is able to get the job done , some countries are still making it legal and take an example of Ukraine , it's now legal here.
Even if the price stays right here and the adoption increases it will benefit the market in a very good way and eventually the price will rise.
sr. member
Activity: 1022
Merit: 277
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December 29, 2019, 04:16:36 AM
#70
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
this is the advantage of being Holder mate,we can adjust to the market as we dont care what is the price for specific date as we have our own time frame and even if this not come sooner?still we can afford to extend the waiting because we use to be like that.so for me?even if the bear stays for another year?i will just take the opportunity to buy than to sell.
Indeed, even bitcoin never reach its new ath, we can just wait a little longer and wait for the market to increase its price. Months or years, there is no problem with that, as long as we have our expectation, bitcoin will never fail to meet that expectation.
full member
Activity: 2520
Merit: 214
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December 29, 2019, 04:00:22 AM
#69
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
this is the advantage of being Holder mate,we can adjust to the market as we dont care what is the price for specific date as we have our own time frame and even if this not come sooner?still we can afford to extend the waiting because we use to be like that.so for me?even if the bear stays for another year?i will just take the opportunity to buy than to sell.
legendary
Activity: 2982
Merit: 1028
December 29, 2019, 03:54:09 AM
#68
of course we have to accept it sincerely if bitcoin cannot reach the new ATH. and maybe we have to be patient a little longer until bitcoin can reach the price of another $ 20,000. but if we look at halving day bitcoin before, bitcoin will always increase after halving. because the number of blocks being mined decreases but this constant or increasing demand will make the price of bitcoin increase.
Looking back and the benefits of halving if the same thing happened like before there's relationship with increasing the value of Bitcoin. We have to be patient and aim for benefitable position before taking any action. The market will bring good outcome to those who are willing to take the risk and have a good faith with this industry.
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