Topic: What if BTC never reaches all time high? - page 3. (Read 1151 times)

I wouldn't shed any tears, Crypto isn't just about ATH when it comes to Bitcoin but I doubt that we won't hit ATH once again. Crypto has brought me a vast amount of knowledge and personally there will always a be a crypto scene and money to be made in some coin, so I will always be involved.

That Nikkei had such growth doesn’t mean that Bitcoin is going to be the same, and moreover they are both two different things, this one is a stock while Bitcoin is a cryptocurrency. Though I am not trying to say there will be another all time high in Bitcoin, I can’t predict the future , I know nothing about it.

I am always okay with whatever I’m seeing,except a very high loss. I don’t worry much about the price of bitcoin, and if the price should become stable tomorrow, I wouldn’t worry about it, I will be okay with it. Though I might not be happy in the sense that it will not longer serve for an investment purpose, but I will still adapt to it. Let’s wait from now till next year ends and we will see what happens. If you check the last time we had a halving, the price went up the next year (from 2016 to 2017).

Exactly. It doesn't matter whenever prices go up or down, as Bitcoin was created to be independent from the world's monetary system. What matters here is usability above anything else. As long as Bitcoin is a reliable cryptocurrency for frictionless payments in a decentralized manner, there's nothing to worry about. The Bitcoin network is still strong after all these years with ample support from average individuals and developers alike. It never stops, operating 24/7 without fear of censorship or fraud. Giving Bitcoin a price in terms of Fiat, will bring more speculation than anything else. Imagine how different things would've been if everyone started using Bitcoin directly for daily payments without having to convert it to Fiat. It would certainly contribute towards the crypto economy as we know it.

Hopefully, the upcoming halving event on the Bitcoin blockchain will increase demand for the cryptocurrency across the market. Don't fret if nothing happens with Bitcoin's price in the long run, since it does its job well as a censorship-resistant cryptocurrency no single entity can take control of. With Bitcoin, you and only you have control of your money. This freedom is what matters above anything else. I'd expect Bitcoin to grow in development and innovation over time, instead of its price going all the way to the moon. Just my thoughts

There are only two cause if the market price of the bitcoin will not reaches its all time high because it is a sign for another declined market and cause of lowering the market price of the bitcoin but sometimes it the market price of the bitcoin does not reached this on the same day it happens to have a huge bullish market but we cannot tell to everyone what are the things will happens bedside the market is volatile and it is more easy to predict but we cannot give any concrete answer and calculations for the next market movement.

The limited supply concept will surely make a new all time high over sometimes. It's just a basic law of supply and demand, as time passes by, the demand for bitcoin will grow as new people are going to discover it and new people are going to invest in bitcoin then, the supply will be limited so that, the bitcoin price is going to go up! It's just time, Bitcoin price in long term basis will surely reach the moon!

I guess you are right, I agree with your explanation because bitcoin is a unique asset, it's crypto that is different from other assets in the market, that's why we recover from the fall as we are not correlated with the stock market.

also in terms of volatility, bitcoin is so volatile compared to other assets, and since the supply is just limited, it's always possible for this asset to reach its ATH.

Right. We must remember that all investment products such as gold, stocks, cryptos, etc. will not continue to rise. There are times when corrections and we must take the right steps with the calculated strategy. Panicking is not good, so make sure we prepare plan B. There are times when locking your profit it's a good thing.

Trends and patterns in cryptocurrency are always changing, as we know that data shows that there is always a significant increase after halving. New ATHs are always formed, but many experts predict that it is difficult for this period, we know the world is in crisis due to the COVID 19 pandemic. Even if ATH is not achieved I think the crypto market will still exist and become a profitable alternative for investment. But who knows? All this is only speculation and the crypto market is always full of surprises. We look forward to it.


_{BTC prices tend to rise after halving}

We already had enough to be honest, bitcoin reached from 3000 to 7000 in real soon but those stocks are not upto that level and more over after this corona ends we may have more support coming to cryptos from new people because now they may realized and recognized what bitcoin is actually created for.

If ever that BTC will never reach an all-time high, there are other times that it might reach a new one. But you know, I don't think that it will happen, as we all know, over the past years, bitcoin continues to increase its price. There are ups and downs, but it is certain that its price movement is going up.

Because in time things will favor the market again,and there is no thing as 'Never' since this Currency ha a promise of being in the circulation for long time and price will eventually grow no matter what happens.
in year or so like what happened in the past the value wlll somehow reach another High it may not High like 2017 but at least like 2019 3rd quarter is enough.
and also having adoption happening before the pandemic arise?like Korea and India?sure we will see good Move in 5 years or so.

Basically, it is not suitable to compare bitcoin with stocks because it is likely to be difficult for stocks to reach ATH but not for Bitcoin. Look at the effects that can pump bitcoin in an instant while stocks require a long period of time for a significant increase, there are many differences between the two.

That's right, because as its price is increasing so high, people treat bitcoin as getting rich scheme and that's not the purpose of it. As a decentralized payment system, it should be used properly in the market and many transactions. People mistreated the true worth of something if they find out that it has something more to do compared to its normal value. I know it is not easy to handle greed if you know that something that you have can change your life because of its high value in the market, but you always need to keep in your mind that bitcoin is the future of transactions. Bitcoin is very good at manipulating in the market as it helps the economy grow whenever this bitcoin increase its price from time to time.

As long as BTC continues to exist, it is fine if it never reaches a new all-time high,

Its users will still continue to use it and benefit from using it. Also, as long as we continue to use bitcoin, the possibility of it to reach a new all-time high is still there, what we just need is to wait for the right time for it to recover.

Yeah, as long as we are here, reaching the ATH will always be possible. Now, that more users are getting into crypto, it will create demand in the market especially when this pandemic is over. Right now, don't expect that bitcoin will shoot up. We have to understand the situation we are in. It might take years to see that 20k again but I strongly believe that it will happen in our lifetime. If people are ignoring bitcoin or crypto, then, that's the time that we need to be worried about its future.

Well, with the situation we are in right now it is possible that Bitcoin might not reach the ATH but Bitcoin doesn't stop right there. There's a lot of time and chances that it would reach another ATH again although we aren't that so sure yet when would that going to happen in the future. Bitcoin is more than just a speculation it is a technology that can make things easier without the hassle that we experience from the other platform.

As I understand, he is not comparing the local stock from crypto but he is trying to put an example of what could possibly to happen when we are using crypto. Of course, they are different and we are pertaining to become a currency not an asset but most of us here are considering as an investment rather than to be as another payment option.

If we all are supporting crypto, it definitely, we can see a huge market demand and a way of seeing another ATH. But unfortunately, we are far from that. We can see pumps but not good enough to make it. 

Exactly. I don't get why people are complaining about Bitcoin's price in terms of Fiat, since it was intended to be an alternative to the current monetary system? Back in Bitcoin's early days, there were no exchanges that would trade Bitcoin to Fiat or vice versa. Everything was made directly in Bitcoin from one person to another. The current sentiment of everyday people, shows that they still don't understand how crypto/Blockchain tech properly works. As long as people continue to speculate about Bitcoin's prices in terms of Fiat, the cryptocurrency won't be able to reach mass adoption within the mainstream world.

Things aside, true believers of the cryptocurrency would use it directly for mainstream transactions regardless of its price. As I always say, 1 Bitcoin will always be equal to 1 Bitcoin. There are many jobs out there which pay you directly on Bitcoin instead of Fiat. The same way, there are businesses and merchants accepting Bitcoin directly as payment method. The more people continue to use Bitcoin independently from Fiat, the better it'll be for its adoption in the mainstream world. The crypto economy will benefit more if people use it directly as a unit of account, instead of relying on Fiat for everything.

Nonetheless, I wouldn't worry if Bitcoin's prices in terms of USD never reaches an All-time-high. The situation looks very unlikely to happen anytime soon since Bitcoin is scarce by design. Every 4 years, Bitcoin experiences a reduction in block reward that should increase its value over time. But knowing that the market is highly speculative, anything could happen in the future. Prices can either go up or down in an instant. At least, Bitcoin is functional as a decentralized cryptocurrency for daily payments. And that's what matters here. Just my thoughts

Yes, stock is an asset whether bitcoin is a payment mode so its not okay to compare it with a random stock.No one knows when it will reach new height but will for sure and that same kind of mindset has been with most of the crypto enthusiasts.

It could be, we cannot really tell what is going to happened in the market in the coming months as we know there are so many predictions about the market price of bitcoin but still, we don't know what could happen.

Through my experience in bitcoin, it is already capable of reaching the ATH 20000$ in the market at any moment, but still even myself I doubt it because there are just so many factors plus we have a crisis that could potentially affect the market price of bitcoin. No doubt that bitcoin could reach ATH but we just don't know when it will going to happen but we could surely expect a movement in the market price of bitcoin in the coming bitcoin halving so I guess we just need to invest already since the market was a dump in the past weeks.

I guess it is not a good idea to compare Japan's stock with bitcoin because one simple different is bitcoin is having adopters from all over the world and I am not seeing anyone from my country not investing with Japan's stocks. I remember there were lots of topics by 2015 which talked about what if bitcoin would not be moving forward.

Like anyone, for me too the future of bitcoin is a mystery, everyone is unsure as to whether there is going to be another all time high price and Bitcoin beating the last all time high price. But if Bitcoin doesn’t beat it’s last all time high price, I wouldn’t be much worried about that, it doesn’t mean that you wouldn’t be able to make any profit, there will still be some fluctuations and you will make profit just like we are seeing it now. I’m very okay with the price and most times the price is nothing that I worry about because I know that things will always get better.