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Topic: What if BTC won't see ATH again? - page 2. (Read 1499 times)

sr. member
Activity: 1876
Merit: 264
July 23, 2023, 12:01:10 PM
All Crypto users of course believe that Bitcoin will reach a new ATH in the future and repeat history again, after an increase, it will experience a sharp decline again but not until it reaches a point 0 or becomes worthless.
Enthusiastic crypto users or investors are certainly competing to be able to obtain large amounts of Bitcoin, because they realize that the supply of Bitcoin is limited, the scarcer the number of Bitcoins that exist or the more people hold them, it can reduce the value of the Bitcoin supply itself.  This of course can affect the market price.
hero member
Activity: 2226
Merit: 610
July 23, 2023, 08:14:19 AM
usually ATH occurs due to positive sentiment in the market, for example the legalization of bitcoin in a country, this will make the number of users increase significantly so as to make the price jump shortly.
Not like that, even if there is legalization from a country it will not increase significantly, we know that bitcoin always has several bearish and bullish phases this always takes a long time, but from a surge in terms of price it will not be short.
I think the theory is not wrong, that is positive sentiment which is the reference for why bitcoin has increased in price, and bearish and bullish phases also have reasons why bitcoin has decreased and why increases have occurred, more or less the influence of that phase will also have an increase or decrease, we do not know what triggers will come in the bullrun phase later for bitcoin to form its new ATH, what is certain is that any sentiment will have an influence on movement.

The average person does buy bitcoin motivated because there is always an increase in price in each cycle on the ATH, the 4 year cycle is proof that we have time to buy when it is bearish and sell it when it hits the highest price level.

That has become the behavior we have to do with bitcoin, doing HODL that is years old to get a decent profit from bitcoin, holding mentality and consistency is indeed a mandatory instrument in holding bitcoin, because the storm of volatility like last year caused by Luna and FTX will make people who are not strong enough to sell bitcoin at a loss.
Because they know that every 4-year cycle there is always a record that is broken for the price of bitcoin, more people buy then HODL and they invest in the long term, still the history of each cycle is the most awaited moment.
During that journey they must be strong to hold on, I know there are still many people who fail halfway through because there is no mentality in themselves so they decide to sell halfway through when the price is low.
It seems that you don't have the slightest doubt about bitcoin and really believe that the 4-year cycle will always repeat itself, that's a good thing, friend, but do you take into account that in 2021 the supply of money anywhere is very high, which is the reason people who have the money put it in bitcoin, but we don't know 2025 whether there is that much money circulating again or crazier than in 2021.
sr. member
Activity: 812
Merit: 436
July 22, 2023, 01:28:06 PM
Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

It's impossible, i expect you to make this assumption maybe if all the bitcoin blocks had been completely mined and we don't know what is going to be the next step to expect after a four year interval of space, but going with what we already have now, bitcoin will always rise and get a new all time high after every four years as long as the halving occurs, this makes bitcoin have increased in value and decrease in supply, which brings about it profitability.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.

Bitcoin cannot be inflated and only increases in value through this when the occassion of halving is marked, it value increases and there's profitabilities attached during this period.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
July 22, 2023, 12:06:07 PM
usually ATH occurs due to positive sentiment in the market, for example the legalization of bitcoin in a country, this will make the number of users increase significantly so as to make the price jump shortly.
Not like that, even if there is legalization from a country it will not increase significantly, we know that bitcoin always has several bearish and bullish phases this always takes a long time, but from a surge in terms of price it will not be short.

The average person does buy bitcoin motivated because there is always an increase in price in each cycle on the ATH, the 4 year cycle is proof that we have time to buy when it is bearish and sell it when it hits the highest price level.

That has become the behavior we have to do with bitcoin, doing HODL that is years old to get a decent profit from bitcoin, holding mentality and consistency is indeed a mandatory instrument in holding bitcoin, because the storm of volatility like last year caused by Luna and FTX will make people who are not strong enough to sell bitcoin at a loss.
Because they know that every 4-year cycle there is always a record that is broken for the price of bitcoin, more people buy then HODL and they invest in the long term, still the history of each cycle is the most awaited moment.
During that journey they must be strong to hold on, I know there are still many people who fail halfway through because there is no mentality in themselves so they decide to sell halfway through when the price is low.
legendary
Activity: 2660
Merit: 1141
July 22, 2023, 12:04:58 PM
-snip-
The average person does buy bitcoin motivated because there is always an increase in price in each cycle on the ATH, the 4 year cycle is proof that we have time to buy when it is bearish and sell it when it hits the highest price level.

That has become the behavior we have to do with bitcoin, doing HODL that is years old to get a decent profit from bitcoin, holding mentality and consistency is indeed a mandatory instrument in holding bitcoin, because the storm of volatility like last year caused by Luna and FTX will make people who are not strong enough to sell bitcoin at a loss.
Indeed there is such a belief among investors, they take advantage of cycles to buy low and sell during bullruns. The potential return that they will get is so high if we review the past history of bitcoin after the halving, so it is true that many investors will invest in bitcoin now because they want to get big returns after the halving.

Whatever their current strategy when invest in bitcoin will definitely benefit them greatly in the long term. As long as bitcoin hasn't passed its last ATH then it's a great area to buy a lot. Buy on the dip and hold, it is good advice to expect returns in the long term.
hero member
Activity: 2226
Merit: 610
July 22, 2023, 10:38:28 AM
ATH is something that motivates many people to buy because of the large profit potential.

True, it's because throughout the history of bitcoin, in a bull run, we always see new all time high every 4 years. And with that, we buy in the bear market and simply HODL and with for bull run season.

ATH is something that we are really looking forward to, usually ATH occurs due to positive sentiment in the market, for example the legalization of bitcoin in a country, this will make the number of users increase significantly so as to make the price jump shortly.

It might take years though, and so others doesn't have that mentality to be a investor for such a long time. But for us, and for those who experience it, definitely, we are going to be looking forward to it because we know that we can make a lot of money and profited, simply as that.
The average person does buy bitcoin motivated because there is always an increase in price in each cycle on the ATH, the 4 year cycle is proof that we have time to buy when it is bearish and sell it when it hits the highest price level.

That has become the behavior we have to do with bitcoin, doing HODL that is years old to get a decent profit from bitcoin, holding mentality and consistency is indeed a mandatory instrument in holding bitcoin, because the storm of volatility like last year caused by Luna and FTX will make people who are not strong enough to sell bitcoin at a loss.
hero member
Activity: 2632
Merit: 833
July 22, 2023, 07:15:37 AM
ATH is something that motivates many people to buy because of the large profit potential.

True, it's because throughout the history of bitcoin, in a bull run, we always see new all time high every 4 years. And with that, we buy in the bear market and simply HODL and with for bull run season.

ATH is something that we are really looking forward to, usually ATH occurs due to positive sentiment in the market, for example the legalization of bitcoin in a country, this will make the number of users increase significantly so as to make the price jump shortly.

It might take years though, and so others doesn't have that mentality to be a investor for such a long time. But for us, and for those who experience it, definitely, we are going to be looking forward to it because we know that we can make a lot of money and profited, simply as that.
sr. member
Activity: 840
Merit: 377
July 22, 2023, 03:48:53 AM

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.

In my opinion, bitcoin still has a very big chance, to be able to reach a new ATH, in the years to come. Why do I think like that, it's all because the trend and popularity of bitcoin among people is getting higher and much in demand. So if this continues to run smoothly, in the future it is certain that in terms of market demand for bitcoin will be even higher, and so the price of bitcoin will automatically increase.

So basically I agree with this opinion.
Quote
1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."



Quote
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
But I don't agree with this opinion. What does fiat mean by exploding, I think for now, this opinion is excessive. Because after all, fiat will definitely exist, because it is the most absolute payment system in many countries. Indeed bitcoin can be an alternative for a payment, but if it is to replace fiat money as a whole, in my opinion this will definitely have pros and cons and will definitely be difficult. Even though at this time, there is a country of El Salvador that has successfully adopted bitcoin as a means of payment. But still the previous currency is still used.
sr. member
Activity: 1484
Merit: 254
July 22, 2023, 01:35:37 AM
ATH is something that motivates many people to buy because of the large profit potential. ATH is something that we are really looking forward to, usually ATH occurs due to positive sentiment in the market, for example the legalization of bitcoin in a country, this will make the number of users increase significantly so as to make the price jump shortly.
sr. member
Activity: 700
Merit: 380
🎗️🍁🎭
July 19, 2023, 10:22:36 AM
There is no doubt that Bitcoin will see ATH again and it will reach higher levels. If you notice how much the Bitcoin market grew in 2021, you will have an idea about the Bitcoin market. We know that the bitcoin market halves every four years and then the bull market begins. And when a bull market begins in the market, the price of Bitcoin continues to increase in momentum.  It is true that when the Bitcoin market reached its all-time high, people were interested in investing heavily in it. But there is no doubt that the Bitcoin market will reach $100,000 in 2024 It is certainly possible and we will see.
hero member
Activity: 2968
Merit: 687
July 16, 2023, 05:50:43 PM
I suggest ops stop thinking and just face reality because as far as we know,  bitcoin will break a new market cycle this is not the first time Bitcoin will see ATH because when Bitcoin did 2017-2018 to 2020 $19,000 Bitcoin price all time high, everything know that we are going to see November 8th 2021 all-time high price of $67,567 and that is what bitcoin is all about, even though no one can predict the accuracy of time when the next all-time high and at what price Bitcoin will be at that time.

Bitcoin will keep increasing in price because after halving of Bitcoin, Bitcoin scarcity will also increase as the amount of Bitcoin entering the market will be reduced. This is the exact reason whey Bitcoin price keep increasing after every halving, there's less Bitcoin been traded.

Bitcoin new all time high is what keeps the market moving, everyone is investing and believing they'll get more profits when Bitcoin gets new all time high and other coins follows. If Bitcoin stops getting new all time highs it means the market is dead and investors will reduced.

We should be discussing what the new all time high is going to be instead of doubting if it will happen because it's a constant behavior of the market to get a new all time high price after every halving has happened. This year will also follow previous cycle of the market.
Everything would really vary on the demand because if the the supply or block rewards getting decreased on every halving but the demand keeps increasing then it would really be just pertaining with that basic

supply and demand thing on which it would be understandable that prices and value would really be increasing and its something inevitable. Wont really be seeing its ATH again? We've been saying this wayback
when the price ATH playing around 19k as far as i remember but look at on where we are now? This is why it wont really be that ideal to have that kind of conclusive approach just because you have seen those
price pull backs and lots of fuds circling around the market. Common reactions but not something new because we are really that impulsive whenever we do see that prices is really that
going into those levels which we are event expecting to. Just go with the flow and dont make yourself that stressed on whatever you do see on those charts.
sr. member
Activity: 882
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July 16, 2023, 12:33:28 PM
Well, from me One of the reasons why there may be an all-time high (ATH) for Bitcoin (BTC) is the Growth in Global Adoption that the crypto world, in the future continues to develop. This can be seen from the increasing interest of many individuals and institutions who are aware of Bitcoin and its potential benefits the direction there will be Demand which increases day by day either so that it can push Bitcoin price to new ATH. for the three points above, as you said, it is also right and not wrong and also leads to an increase in the price of BTC.
hero member
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Leading Crypto Sports Betting & Casino Platform
July 16, 2023, 12:21:04 PM
I suggest ops stop thinking and just face reality because as far as we know,  bitcoin will break a new market cycle this is not the first time Bitcoin will see ATH because when Bitcoin did 2017-2018 to 2020 $19,000 Bitcoin price all time high, everything know that we are going to see November 8th 2021 all-time high price of $67,567 and that is what bitcoin is all about, even though no one can predict the accuracy of time when the next all-time high and at what price Bitcoin will be at that time.

Bitcoin will keep increasing in price because after halving of Bitcoin, Bitcoin scarcity will also increase as the amount of Bitcoin entering the market will be reduced. This is the exact reason whey Bitcoin price keep increasing after every halving, there's less Bitcoin been traded.

Bitcoin new all time high is what keeps the market moving, everyone is investing and believing they'll get more profits when Bitcoin gets new all time high and other coins follows. If Bitcoin stops getting new all time highs it means the market is dead and investors will reduced.

We should be discussing what the new all time high is going to be instead of doubting if it will happen because it's a constant behavior of the market to get a new all time high price after every halving has happened. This year will also follow previous cycle of the market.
hero member
Activity: 1050
Merit: 844
July 16, 2023, 11:17:54 AM
Boring for those who want their assets to fly quickly and not boring for speculators who continue and continue to enjoy falling market prices for their coin accumulation. I think, They are strong hands/whales that are able to boost market prices, of course, They always see the moments too, if it is right, then they will work in market.
Boredom is hard to get rid of, but that doesn't mean it can't be avoided because boredom only arises when someone is waiting for the best price in the market by constantly looking at the price after he buys to trade, not to invest. While investors usually don't mind waiting a little longer to see the best price in the market, they would also be happier if they didn't wait longer for their investment. Price jacks from those who have strong hands, usually will have more influence on prices in the market, but this is not guaranteed to last long if only a few people have strong hands for this.
hero member
Activity: 910
Merit: 507
July 16, 2023, 11:02:38 AM
I suggest ops stop thinking and just face reality because as far as we know,  bitcoin will break a new market cycle this is not the first time Bitcoin will see ATH because when Bitcoin did 2017-2018 to 2020 $19,000 Bitcoin price all time high, everything know that we are going to see November 8th 2021 all-time high price of $67,567 and that is what bitcoin is all about, even though no one can predict the accuracy of time when the next all-time high and at what price Bitcoin will be at that time.


But there is also what we know as the Bitcoin haven cycle which occurs every 4th year when by the block size and Bitcoin miner's rewards will reduce which is something that will be a reduction in the Bitcoin total supply and many think that it will breed avenues for Bitcoin scarcity which will lead to price rise.
hero member
Activity: 1400
Merit: 674
July 16, 2023, 10:36:05 AM
To me, bitcoin and cryptocurrencies are still just a money game and not a market based purely on supply and demand. Therefore, the forces manipulating the market will always know how to refresh the market, creating new tricks to attract more participants. If bitcoin doesn't hit ATH again, that will make the market boring and people will give up on it. I don't think that will happen, market makers will find ways to keep investors.

Boring for those who want their assets to fly quickly and not boring for speculators who continue and continue to enjoy falling market prices for their coin accumulation. I think, They are strong hands/whales that are able to boost market prices, of course, They always see the moments too, if it is right, then they will work in market.
Bitcoin is still new and only a small portion of just entering the Crypto industry and technology, so the demand will be very strong if everyone realizes that blockchain technology is very important for the financial bookkeeping system, so the price problem will increase if more and more people are involved, however Indeed, if you look at the outside side like a scheme set by certain parties because it is encouraged by the number of speculations and indeed in investment assets are always sensitivity to the news, but that happens if you really don't learn it for a brighter future potential with Bitcoin, if you understand the technology I think you will dance your words.

Whales investors are only a few of the many retail investors, I think that dominating Bitcoin ownership is not only the Whales, but a lot of small fish also fill this pool, and actually we also don't know whether there will be ATH anymore or not, but certainly Bitcoin always provides proper returns in each cycle, and this is back to their respective views.
member
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Low Fidelity High Potential
July 16, 2023, 01:33:28 AM
To me, bitcoin and cryptocurrencies are still just a money game and not a market based purely on supply and demand. Therefore, the forces manipulating the market will always know how to refresh the market, creating new tricks to attract more participants. If bitcoin doesn't hit ATH again, that will make the market boring and people will give up on it. I don't think that will happen, market makers will find ways to keep investors.

Boring for those who want their assets to fly quickly and not boring for speculators who continue and continue to enjoy falling market prices for their coin accumulation. I think, They are strong hands/whales that are able to boost market prices, of course, They always see the moments too, if it is right, then they will work in market.
hero member
Activity: 882
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July 13, 2023, 04:21:12 AM
I don't think it's a problem if bitcoin doesn't see ATH again because bitcoin is undoubtedly the most popular crypto currency. But many more such coins are in circulation. Bitcoin's nearest competitors include Ethereum, Tether, Binance Coin, Cardano and Polkadot. This competition in cryptocurrencies is good for investors. It cannot skyrocket in value. But in the case of bitcoin, it has become so popular that it has an opportunity to stay ahead of rival currencies.
It's actually a problem. Bitcoin should see a new ATH after halving and I'll explain: When halving happens, the number of bitcoins that miners get is the half amount of what they were getting before halving, i.e. if miner was earning 10 bitcoins from mining one block, now they earn 5 bitcoins. At the same time, there is a tendency, an expectation that Bitcoin's price will rise after halving. This tendency and expectation is what intensifies their interest to invest in Bitcoin, that's why we reach ATH in every 4 years. But if Bitcoin won't see ATH again, that means, it lost its fire and people are no longer interested in it.
But to be honest, there is a zero chance that we won't see Bitcoin ATH again because of recent Blackrock's interest in Bitcoin. So, no worries guys!
full member
Activity: 994
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July 13, 2023, 03:55:25 AM
To me, bitcoin and cryptocurrencies are still just a money game and not a market based purely on supply and demand. Therefore, the forces manipulating the market will always know how to refresh the market, creating new tricks to attract more participants. If bitcoin doesn't hit ATH again, that will make the market boring and people will give up on it. I don't think that will happen, market makers will find ways to keep investors.
What you say is quite reasonable, and indeed it is possible and I also believe in other things even though with the same ending which is almost impossible if Bitcoin does not reach its ATH again.
If we look at the chart from the beginning then the 4 year cycle of Bitcoin reaching its newest ATH has happened several times and I keep believing it will happen and it is true that the market is playing to keep Bitcoin attractive to investors.
hero member
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July 13, 2023, 03:40:04 AM
That's why it is called cycle, and I doubt that it will be broken in the next block halving. And speaking of block halving, this is very unique design by Satoshi himself and that's why the price keeps getting higher and higher every 4 years because bitcoin is getting limited and scarce.

So there's no question in my mind that it's possible that we are going to hit another all time high again, in 2024-2025.

The best thing to do is simply accumulate and then HODL in the long run.

If you see historical price chart of Bitcoin then its very much evident that cycles keep repeating. With next Bitcoin halving around the corner we can safely speculate that there will be another bull run after the halving. It's best in our interest to buy right now since price is not that high. Whenever we have a bull run people regret that they didnt bought when price was low and when price is low there are speculations which we are discussing right now. One has to take the step towards success and that step is ususally not easy.
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