Topic: What if Bitcoin never reaches a new ATH? - page 7. (Read 1655 times)
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.
You do not need to say on a fixed investment at bitcoin....
That's the easy part to answer it. Just for for a diversified portfolio with other cryptocurrencies if that is your issue (afraid of).
Bitcoin will always reach new All Time Highs in the future. We can only speculate and estimate it when based on news feedback.
Or you can simply gamble with it and win profit without trading it.
That's the easy part to answer it. Just for for a diversified portfolio with other cryptocurrencies if that is your issue (afraid of).
Bitcoin will always reach new All Time Highs in the future. We can only speculate and estimate it when based on news feedback.
Or you can simply gamble with it and win profit without trading it.
How can regulations kill the bullishness? Stock markets are much more regulated than Bitcoin, and big tech giants like Facebook and Apple are almost always at their ATH because they keep growing and growing. If it were like you say and the whales could no longer manipulate the market, it would be a good signal to investors and the price would grow in long term and eventually reach a new ATH.
it is because of lots of FUD that has convinced most people that regulations are ALWAYS bad so now they are scared whenever they hear the word "regulation". otherwise regulations could be both good and bad. sometimes (on rare cases) they could slow down the adoption such as ridiculous license for businesses, high taxes,... and some times (in most cases) they help the adoption. for example in 2017 Japan regulated bitcoin and price went from $1000 to $20,000
it is really alarming having this thoughts because the most affected parties for sure are Miners,but we are getting close to mined all bitcoins so it means for the next year bitcoin will conitue to grow even without halving,and besides even if they stopped mining?we have enough volume of bitcoin to be used so the chance of bullying is always there.though the effect will punish some,but reward many..
Definitely it will, it might take a while, but it will get there.
Btc has come a long way and the journey has not been very smooth, but one thing is certain, it always triumphs
that's it,Bitcoin is always triumphant and we have seen this many years now,though from 2018 to 2019 becomes bearish doesn't mean we will stay this way,remember that Halving is soon to come so the waiting might be over next year. Btc has come a long way and the journey has not been very smooth, but one thing is certain, it always triumphs
yes maybe bitcoin will not reach the new ATH even though bitcoin has been reduced by half in may 2020. because the current crypto market conditions are different from the past. we have to accept it, but I am sure there will be true bitcoin holders who will keep holding even though bitcoin is not bull run in 2020. We must not despair because the amount of bitcoin available in the future will be increasingly low. in theory if bitcoin is getting less while demand is constant or increased then the price in the future will increase. we must be patient again.
It’s sad to think that there is a possibility where you cannot reach the ATH.
There is always a possibility where you could reach ATH because
There is always a possibility where you could NOT reach ATH
I think that’s what we are here for, to promote the use of it and maybe, it could have a ripple effect on people that it’s not a negative thing to use Bitcoin but an improvement on ways we transact. There are a lot of factors to consider, but there’s no 100% correct prediction on what the future would be unless you are a real time traveler.
There is always a possibility where you could reach ATH because
- People are using it more often
- It is accepted worldwide
There is always a possibility where you could NOT reach ATH
- People lost interest and have disbelief in Cryptocurrencies
- Not completely accepted everywhere
I think that’s what we are here for, to promote the use of it and maybe, it could have a ripple effect on people that it’s not a negative thing to use Bitcoin but an improvement on ways we transact. There are a lot of factors to consider, but there’s no 100% correct prediction on what the future would be unless you are a real time traveler.
I will ruled out other factors because it's too complicated but in my view if bitcoin never reach new ATH again i think eventually bitcoin will lost the investors because it's became an common reasons if every bitcoin bag holders want to take profit from bitcoin and every from them will expect their bitcoin more valuable than the previous one so if bitcoin never reach new ATH anymore then investors will lost their confidence to invest at bitcoin and possibly they will attempts to find new alternative investment tools as the replacement of bitcoin
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?
What are your thoughts?
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"?!
How can regulations kill the bullishness? Stock markets are much more regulated than Bitcoin, and big tech giants like Facebook and Apple are almost always at their ATH because they keep growing and growing. If it were like you say and the whales could no longer manipulate the market, it would be a good signal to investors and the price would grow in long term and eventually reach a new ATH.
Those things have zero long-term impact on Bitcoin's price, and even in short term they are barely noticeable.
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.
It's a very good question and complicated to answer
I'm prepared if BTC never reaches again the same levels of 20k USD again, but I don't know other people
You don't have to worry about miners, because miners are making a lot of money, even with these prices os sub 8k, the main problem is, people have to be optmistic to buy, believing in a potential rise, if people stop to belive that BTC can reach a higher value, we'll have problems to sustain prices
I'm prepared if BTC never reaches again the same levels of 20k USD again, but I don't know other people
You don't have to worry about miners, because miners are making a lot of money, even with these prices os sub 8k, the main problem is, people have to be optmistic to buy, believing in a potential rise, if people stop to belive that BTC can reach a higher value, we'll have problems to sustain prices
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?
What are your thoughts?
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"?!
Definitely it will, it might take a while, but it will get there.
Btc has come a long way and the journey has not been very smooth, but one thing is certain, it always triumphs
Btc has come a long way and the journey has not been very smooth, but one thing is certain, it always triumphs
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?
You are only seeing how world events could negatively affect bitcoin but you are not seeing how world events could help bitcoin to get adopted and to reach a new all time high, and one of the best examples of this is Venezuela, Venezuela is a country in a deep economic crisis caused by its government and its policies and in that country people are trying to do their best to get a good currency like the dollar, the euro and some cryptocurrencies, if this happened through the whole world we will see the same that it is happening in Venezuela and that will help bitcoin in a huge way. 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?
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
I think buying bitcoin just because of halving is a bad invest option. Halving may not have effect to bitcoin price and betting to buy might make investors take lots of risk. For me, i invest into bitcoin just because i believe crypto will be the key to future and bitcoin may be the leader.
You might not know this but the supply of bitcoin is actually reducing since more and more people are losing the keys to wallets and some people have even died and their bitcoin wealth are lost forever and would likely never be recovered, more and more people want a piece of bitcoin and there is just not enough to go around with Billions of people in the world and just less than 18 million bitcoin in circulation, it's inevitable that the price of Bitcoin would rise unless something goes absolutely wrong.
If the prices will remain the same or further decrease once the halvening takes place I do expect that a lot of miners to plug off their equipment. But that isn't a problem, because the difficulty will readjust itself as the algorithm is designed this way. So the miners will get a bigger part of the 'pie' with the same hashing power, but in order for the difficulty to drop so much that the remaining miners would mine double the Bitcoins with the same power just to remain above b/e level - a major player in the market would have to pull the plug on its rigs which I think is highly improbable as they usually have a lot of financial resources to sustain mining at a loss for a long time.
In my own opinion, if bitcoin does not reaches the new ATH, a lot of people would be disappointed that no one would keep their patience any longer to hold their bitcoin for more years because they are expecting that they would get a good profit from it. But we can't really if bitcoin will reach or will not reach the new ATH, that is why we should keep our patience for bitcoin to increase it's price even more in the near future.
They will just get disappointed but for sure they will still continue to support Bitcoin and cryptocurrency as we cannot stop the disruption of crypto in the world as we are all aware that technology is evolving and innovating so we cannot stop it anymore, so if we stop to support it, others will and for sure they will benefit of it, so we should support no matter what.
In my own opinion, if bitcoin does not reaches the new ATH, a lot of people would be disappointed that no one would keep their patience any longer to hold their bitcoin for more years because they are expecting that they would get a good profit from it. But we can't really if bitcoin will reach or will not reach the new ATH, that is why we should keep our patience for bitcoin to increase it's price even more in the near future.
One way or another bitcoin will reach its ATH. It could be because of the halving or for other reasons. Looking at the parabolic cycle and considering that bitcoin and crypto haven't reached the peak of adaptation yet, and not to mention the limited supply of crypto, the price of crypto will reach another ATH.
In any case, everything is just a prediction. Currently, the market is difficult to achieve ATH like 2017, but in the future no one knows in advance. We are currently only speculating and hoping the price will increase in the future, with what BTC is showing and every day more people know about BTC, achieving ATH is only sooner or later.Halving has become a last hope for many but it's not wise to be dependent on halving alone as recently Stellar XLM burned half of its unused tokens to push the value of XLM but we could hardly see around 10% pump and then dropped down again. We need to look for alternative rather than completely hoping on halving.
~
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?
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?
If it won't ever get back to that price we had dreamed of before, then I'll just use it to what it can offer for me and that would be the usage to pay my bills and sending money overseas since I can still give value to it through utilization anyway. I think people shouldn't expect that much on an unstable entity. It is gonna hurt to expect that it might breach although patterns could be the causes of these expectation or speculations by people.
Jump to: