Pages:
Author

Topic: What if BTC never reaches all time high? - page 6. (Read 1151 times)

member
Activity: 294
Merit: 13
★777Coin.com★ Fun BTC Casino!
This kind of question would show us who really believes in crypto and who would continue to use it no matter what.
If it doesn't reaches it's all time high then would you still continue to use it or are you going to leave the crypto space?
I think we should just focus on what's in front of us do you think that worrying about it would result to something good?
full member
Activity: 938
Merit: 137
What if BTC never reaches all time high?

If it won't get again to 20k, no biggie, Bitcoin is still great as it is, with or without the price speculation.
But I believe it will. Its scarcity ensures that. Patience...

The nature of bitcoin and the whole decentralized cryptocurrency is such that their price can never be even more or less relatively stable for a long time. Therefore, the price of Bitcoin will rise and fall more than once. The high price, on the one hand, is good for those who bought bitcoin earlier at a low price. However, it must be remembered that the higher its price, the greater the likelihood of a high price volatility of the cryptocurrency increasing, that is, the higher the risk of its fall.
We need to learn how to profit financially using high price volatility regardless of its price level.
legendary
Activity: 2072
Merit: 2012
Marketing Campaign Manager |Telegram ID- @LT_Mouse
Why anyone will be looking for ATH? We have very few people who did not sell their coin during ATH. Most of th crypto users are regular trader, they do not need the ATH to make money. You can make money if BTC price gone below $1000, you can make if it hits ATH. So, I can not see any bad affect if BTC do not reach ATH.
Also, the use of BTC is not connected with ATH. If people have to pay with BTC, they will pay no matter what the price is.
sr. member
Activity: 1400
Merit: 269
Nikke is different from Bitcoin that is an innovative technology that could an alternative to a possible financial crisis, sure any whale could sell and buy the price but that's the beauty of free market. But no one could manipulate the price movements and make it go back to zero value that's why i prefer decentralization. Unlike banks fiats and stock that a central authority can freely control the price just by printing money and lower interest rates to stimulate the market.
full member
Activity: 416
Merit: 125
If 20000 is the ath then the diff will drop.
hero member
Activity: 2170
Merit: 528
OP doesn't even know what an ATH is.

Quote
Second All time high 13000


This is not ATH! An all time high would have to be higher than 20 thousand to be counted as ATH because that's what all time means. 13800 was a yearly high which means nothing because measuring any move starting from 1 January is very unreliable. January 1 is not a significant date for bitcoin as there are no changes in the network being done on that date.

If you really want to measure cycles use halvings as starting points.
hero member
Activity: 2590
Merit: 549
Rollbit
Another 2 completely different things compared to each other, and another crazy theory that represents resemblance figures. Nevertheless, stocks are different with cryptocurrency. Bitcoin has still a long way to go and there are still a lot of manipulation will happen, no one know whether it hits another ATH or not, and this theory is irrelevant with how Bitcoin was being used by the investors today.
full member
Activity: 1848
Merit: 158
it is not fair to compare stocks from from Crypto market because we have different approach and market.

but if BTC won't reach another record?i believe it doesn't concern us at all because we have been in lowest market level for couple of years now so it is not the top value again but at least make some good move up to prove that market is Healthy and there is a bright future ahead of all.

I think it is only a coincidence that their percentage matches. what about others? So i don't think btc will follow its movement. We can never tell if btc will not achieve its ATH again. We have long years of adoption already and as it sits, the adoption is slowly growing so the likelihood of increasing btc's value is very high. People should not be too pessimistic.
full member
Activity: 994
Merit: 101
First silly thing you made to compare between stocks and crypto currency. And in my opinion i can't see any single point why btc won't reach all time high price again..? We all care about btc price because we all want to earn profit from it. But i will love to say that people should focus on btc as a decentralized payment system over centralized fiat money.
full member
Activity: 287
Merit: 100
how can there be a "second" all time high, when its called "all time high"?  Huh
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
What if BTC never reaches all time high?

Look what happened to Japan stock index Nikkei 225:
https://adjusted-for-inflation.com/japanese-stock-market-nikkei-225/

It peaked in year 1990 at 38800 and only managed to get back to 24800. Now it looks likely it will never reach its all time high anymore.

Now let do a simple comparison:
Nikke 225
All time high 38800.
Second All time high 24800.

Second All time high to All time high ratio: 24800/38800 = 64%


Bitcoin
All time high 20000.
Second All time high 13000

Second All time high to All time high ratio: 13000/20000 = 65%


We can see that their Second All time high to All time high ratio are almost the same.

Is that the same pattern bitcoin will follow? Only pump and dump by whale price manipulators from now on but can only reach All time high again?

Do you own research on the Nikkei 225 index historical patterns and make your conclusion.

(you can view detailed Nikkei 225 index data here: https://www.tradingview.com/chart/?symbol=TVC%3ANI225)

What if Bitcoin never ever supersedes its prior ATH of $20,000~ odd well that's something no one can tell because there's no crystal ball just intelligent charting and lots of optimism, however, there's potential in it at least having a moderate impact in traditional markets over the next couple of years if the economic climate worsens globally eventually there'll be less alternatives to turn to and hopefully this asset will be one of them because just a small amount of capital from the trillion dollar markets would see it climb to new highs provided the global outlook doesn't get too gloomy else we'll have a $1,000 bitcoin on our hands but I doubt that will ever happen
member
Activity: 909
Merit: 17
www.cd3d.app
If Bitcoin never reach all time high again,it's fine as long as it is useable as decentralized digital currency and still have a great value. The value of bitcoin is different from the stock,so the comparison of bitcoin all time high value and Nikkie225 is just coincidence.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Bitcoin should be known for it's decentralized distributed payment method and not for how high it's price can go.
Although there is one huge benefit of the high price of bitcoin that the higher the price of bitcoin the less number of Satoshis we would use for the payments and hence we would be saving the rest of it. The more Satoshis we save right now, the more profit we will have out of it in the future.

full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
Bitcoin will make a new all time high, this is just a dump history of bitcoin and I’m confident for the better days will come in time. Bitcoin will stay with us, and it is meant to become a better currency online which we can use without spending big money on the fees. Bitcoin is bitcoin, it will rise again and for sure $30k will be the new target for bitcoin.
Yeah, just speculate and claim it that bitcoin will go over all time high or at least make it to last all time high, or at the very least pass the $10K range. I know these past few months are getting hard for 2020, bitcoin shows dump that might be actually because of the corona virus, we can't really tell, but I'm sure there are people who are waiting for the time, the exact moment to inject before halving. There will be a point where the will start to run skyrocketing the bitcoin price. If bitcoin does not get that then it might be another year of waiting.
full member
Activity: 896
Merit: 198
it is not fair to compare stocks from from Crypto market because we have different approach and market.

but if BTC won't reach another record?i believe it doesn't concern us at all because we have been in lowest market level for couple of years now so it is not the top value again but at least make some good move up to prove that market is Healthy and there is a bright future ahead of all.
The value of it right now is much better compare to what is the price of bitcoin in 2016 which is around 1k$ so this current value is not that bad after all. If we cant get another ATH its not a big problem as long as the value is still alive and we can use it as normal currency and can easily convert to fiat money there is no problem.

The only problem if the will continue to decrease then that's means adoption decrease also.
full member
Activity: 1414
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
Time can tell and we should calm down and don’t think too much, if bitcoin can’t reach another peak then so be it we cannot force bitcoin to hit a new $20k mark or more. If there’s a great demand then we have a better chance, but right now we have to be wiser and make no panic at all. If you believe on bitcoin that’s good because for me, bitcoin will continue to improve our lives and I’m confident bitcoin will make a new peak even if its take another decade.

If the market price does not become volatile and does not have any move or changes it does not become a good market price because the reason why does it become more stable is because of the trading and transaction always happen and collected by the blockchain to make the accurate calculations of the total market price. Also if we want to make changes in the market we need to contribute all to have a lot of trading also if the whales now will release the huge amount of coins there is a huge change too and we are looking toward to the market price of 20k dollars but still, it takes a lot of time before it happens in make a huge comeback to the income of the bitcoin market price.
sr. member
Activity: 2002
Merit: 314
Vave.com - Crypto Casino
Time can tell and we should calm down and don’t think too much, if bitcoin can’t reach another peak then so be it we cannot force bitcoin to hit a new $20k mark or more. If there’s a great demand then we have a better chance, but right now we have to be wiser and make no panic at all. If you believe on bitcoin that’s good because for me, bitcoin will continue to improve our lives and I’m confident bitcoin will make a new peak even if its take another decade.
full member
Activity: 2408
Merit: 213
★Bitvest.io★ Play Plinko or Invest!
it is not fair to compare stocks from from Crypto market because we have different approach and market.

but if BTC won't reach another record?i believe it doesn't concern us at all because we have been in lowest market level for couple of years now so it is not the top value again but at least make some good move up to prove that market is Healthy and there is a bright future ahead of all.
member
Activity: 868
Merit: 16
But you have to realize that bitcoin and tradition market in case stock market is different. Bitcoin should be mined first before it being traded on the market and its supply is limited, can give me one traditional market which has limited amount? There is not, most of them are managed by its creator. This limited amount will help bitcoin price going to up even more then its all time high. When many people are trying to hold their bitcoin that they have then the chance for its price increase is widely open. Moreover with halving event factor it will be the second factor that help bitcoin is up more then its priviously all time high.
hero member
Activity: 2912
Merit: 642
Doesn't matter at all.
It is actually in a good number by now than 2 years ago.
It's better than gold or anything out there which are also just being bought as store of value.

Although, it should not be about the price anymore. It is about how valuable bitcoin is.
If only people could look at that way easier then perhaps all bitcoin supporters will be glad at it. It doesn't need to go 20k or even 100k.
It won't matter if the USD value also goes south.
Pages:
Jump to: