Topic: What if BTC won't see ATH again? - page 5. (Read 1485 times)
I think that basically free market demand drives the price of bitcoin, the economic consequences for the currency will create an impetus that the more important and popular bitcoin is, the more people will buy bitcoin. At the same time, bitcoin's deflation creates an increase in price over time. Therefore, I think it is certain that in the future bitcoin will continue to have new ATH.
Bitcoin will surely reach new ATH again. Even though there are no specific rules or laws that require bitcoin to reach ATH, however, if we refer to the 4-year cycle that has occurred where each halving occurs, the price of bitcoin has increased very rapidly to print a new ATH. Therefore, I am optimistic that if the next halving cycle bitcoin will reach a new ATH again.
The price of bitcoin follows supply and demand so there are no rules that govern the price of bitcoin, but every 4 years there is a cycle that is expected to return to the highest price and there is even hope for a new ATH, I am also optimistic that a new ATH will also be reached in the near future, the market has given a marked signal of a significant increase in the halving period.
The thing that always makes bitcoin interesting is setting a new price record or ATH, if there is no ATH for a long time, for example 4 years, of course it will make users worried and bored so they will think about selling or cutting losses, because if there is no ATH for a long time then it will be easy for haters to spread FUDs.
Bitcoin will surely reach new ATH again. Even though there are no specific rules or laws that require bitcoin to reach ATH, however, if we refer to the 4-year cycle that has occurred where each halving occurs, the price of bitcoin has increased very rapidly to print a new ATH. Therefore, I am optimistic that if the next halving cycle bitcoin will reach a new ATH again.
The interesting thing about Bitcoin is ATH, people are motivated to buy because ATH's hopes can only be achieved so that they get a big profit, if New Ath can not be achieved anymore, I don't have a problem, people will continue to actively speculate to buy because of ATH's expectations even if it does not happen.
Even if there is no ATH but as long as the price can be able to recover to our last ATH or at least close to it, many of us will be happy and contented already because that still gives us a chance to earn a nice profit. ATH is not important but price volatility is, as this was the reason on why we can buy low and sell high.
Many are wishing for it to be gone. I think those who said this are the people who only use their BTC as a currency. They are just selfish but they can still use their BTC as a currency even if there are volatility. No one is forced to use or own a BTC because BTC will not replace the traditional fiat system that we have so don't worry about its supply.
I think the important part is to be stable, if the price of bitcoin became a bit more stable the new would be able to use it in a lot more places. I bet that 90%+ of the people who would use bitcoin as a payment, do not use it in their business because it is volatile, which means that they can't use it at the time but would use it if it became a bit more stable, for a while at least.Many are wishing for it to be gone. I think those who said this are the people who only use their BTC as a currency. They are just selfish but they can still use their BTC as a currency even if there are volatility. No one is forced to use or own a BTC because BTC will not replace the traditional fiat system that we have so don't worry about its supply.
However, that doesn't mean that we will not see ATH for sure, we will still see it and people who think that we won't are wrong, there is nothing wrong with bitcoin bitcoin this price and should be considered a good deal at the time right now, it should be considered a good profitable business to hold for long term because I bet that we are going to see it grow to a new level.
I believe in BTC and the more i see post like this i feel even better, because this resits every year .... lol 
It means that you are one of those people who easily believe what you have read and seen in life, for example like this where you immediately believe when you see a post like this about Bitcoin. In general, it's not wrong, but what I'm really afraid of is that one day it will be easier for you to believe when you see bad news addressed to Bitcoin and it's really sad if you can really believe in it. It seems to me that one day there will be a breakdown in cycles anyway, because it turns out it is very easy to buy bitcoin before the halving and sell afterwards. One day there will be a manipulation which will panic on the market and most people will lose money. Statistically there is no 100% repeat of cycles, especially in such a manipulative market as cryptocurrencies.
There is no complete repetition of the cycle or one that is almost similar to the previous one, but for the four-year cycle it is still very possible to occur even though it will never be the same as the previous cycle. And panic only arises for some people who are more easily frightened when they see something they don't want happening in the market so that triggers some people to release their cryptocurrency into the market quickly.
I find it kind of hard to believe that Bitcoins will ever be rid of the potential to reach an ATH again. there are just too many big names and group of people involved in it already that even imagining it end is quite impossible now. And keep in mind the total supply plus the big number of people that are yet to discover or to jump into this industry. There's just no other way but up in the long run. I mean, even governments and banks can't fully suppress Bitcoin, just imagine how stronger it would become in the years to come as mass adoption rate increases. A few years from now, the ATH that we witnessed liked the other ones in the past would only seem too low compared to what's yet to come.
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.
So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.
Some reasons collected so far:
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."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
We cannot control the market and we also didn't know what will be the future of bitcoin that's the reason why there are a lot of people who didn't buy bitcoin, the risk of the possible loss is very big and taking big risk is only for the brave investors who can afford to loss. Bitcoin will surely hit another all time high but we didn't know when and when we already found out the exact date of the bull market we will become late, so buy bitcoin today to avoid regrets just like what already happen before. So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.
Some reasons collected so far:
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."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
I believe in BTC and the more i see post like this i feel even better, because this resits every year .... lol
It seems to me that one day there will be a breakdown in cycles anyway, because it turns out it is very easy to buy bitcoin before the halving and sell afterwards. One day there will be a manipulation which will panic on the market and most people will lose money. Statistically there is no 100% repeat of cycles, especially in such a manipulative market as cryptocurrencies. I think the fall from $69K down to $16K lost a lot of people a lot of money. It seems that we're now on the way back up and I personally believe that we'll see a new ATH sometime in the next two years. As 5thangel says, this seems to be a pattern that repeats, although I would say every 4 years. Bitcoin does need a "wall of worry" to climb if the price is going to keep rising, and it seems like that worry is coming and has already started taking a toll on other assets internationally. The big question that remains is if Bitcoin is going to rally through a recession, or experience it's first break from the 4-year price cycle.
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.
So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.
And why do you think it's even really necessary to see another all-time high? ATH or no ATH, there are people who will still adopt Bitcoin because it provides a digital means of handling our financial records in a decentralized manner and allows users to be in full control over their assets. Perhaps the whole population of this world doesn't need to own Bitcoin for its purpose to be fulfilled. Even if the total supply of Bitcoin were divided among the world population, no one would own up to 0.5 Bitcoin, at which point the total supply of Bitcoin would not even be enough for the already existing Bitcoiners because there are still thousands of people who don't yet hold even up to 0.1 Bitcoin.So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.
So my point here, @OP, is that Bitcoin has all possible reasons to still see a new all-time high based on the total supply, and also that Bitcoin was not even created for the ATH we keep speculating about; Bitcoin's purpose is for the common man and woman to have full control of their assets in a digital way and to carry out money transactions with anyone around the world.
Many are wishing for it to be gone. I think those who said this are the people who only use their BTC as a currency. They are just selfish but they can still use their BTC as a currency even if there are volatility. No one is forced to use or own a BTC because BTC will not replace the traditional fiat system that we have so don't worry about its supply.
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I do not care about what the price is because I will keep using it and that's the thing that matters the most for me. People who are not really considering that are making a mistake. I personally hope that the best thing to do right now is to make sure that we invest accordingly and that is the most important thing.
You know, sometimes people are just doing the wrong thing with their Bitcoin investment or have the wrong perspective on investing in Bitcoin (why?). Because, even before I started my journey, I had been hearing, "Only invest what you can afford to lose." Which means I should invest so I will not really suffer some phycological challenges should the investment go wrong. I believe no one knows what will happen in the future, which is why investment specialist always advise that individuals should only invest what they can afford to lose. So, the problem some people have is that they don't read. Even if they don't read, they are not ready to learn something about what they are putting their money into; all they are concerned with is making profit. Definitely, you should think about making a profit, but not to the extent that you feel less concerned about the risks attached to your investment.
Like you said, the best thing is to invest according so that no one will get blamed at the end of the day, God forbid, but even if Bitcoin doesn't see another all-time high again, some people will not be shaken. That's because they have made profit from Bitcoin in the past and also because they understand the purpose of Bitcoin.
And why do you think it's even really necessary to see another all-time high? ATH or no ATH, there are people who will still adopt Bitcoin because it provides a digital means of handling our financial records in a decentralized manner and allows users to be in full control over their assets. Perhaps the whole population of this world doesn't need to own Bitcoin for its purpose to be fulfilled. Even if the total supply of Bitcoin were divided among the world population, no one would own up to 0.5 Bitcoin, at which point the total supply of Bitcoin would not even be enough for the already existing Bitcoiners because there are still thousands of people who don't yet hold even up to 0.1 Bitcoin.
So my point here, @OP, is that Bitcoin has all possible reasons to still see a new all-time high based on the total supply, and also that Bitcoin was not even created for the ATH we keep speculating about; Bitcoin's purpose is for the common man and woman to have full control of their assets in a digital way and to carry out money transactions with anyone around the world.
That is such a great way of approaching bitcoin, and funny enough that is the reason why it will see ATH as well. I do not care about what the price is because I will keep using it and that's the thing that matters the most for me. People who are not really considering that are making a mistake. I personally hope that the best thing to do right now is to make sure that we invest accordingly and that is the most important thing.So my point here, @OP, is that Bitcoin has all possible reasons to still see a new all-time high based on the total supply, and also that Bitcoin was not even created for the ATH we keep speculating about; Bitcoin's purpose is for the common man and woman to have full control of their assets in a digital way and to carry out money transactions with anyone around the world.
I know not many people will be able to actually do something that will matter, but as long as it does then I will be fine with it. I hope that it gets at a better point and we will not see it do too badly, but that doesn't mean that we will not be able to actually lose money, we just don't care about the price when we are using it.
I believe in BTC and the more i see post like this i feel even better, because this resits every year .... lol
It seems to me that one day there will be a breakdown in cycles anyway, because it turns out it is very easy to buy bitcoin before the halving and sell afterwards. One day there will be a manipulation which will panic on the market and most people will lose money. Statistically there is no 100% repeat of cycles, especially in such a manipulative market as cryptocurrencies.
I believe in BTC and the more i see post like this i feel even better, because this resits every year .... lol
To pass ATH or set a new price record it takes a long time, in 2013 the price reached over $1000 and it took almost 4 years to get past the $1000 price, then the price drops again and it takes a long time to cross the ATH, if no ATH happens again then I'm sure it won't be too impactful for users, they can get profit from daily trading.
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.
Like what you said also, there will also be no rules that will make Bitcoin follow what you say with prices only rotating in that range. If you think that every bitcoin reaches the latest ATH just because of a 4 year cycle that is wrong, because what makes the price reach ATH is that many people have an interest in being able to see the btc price reach highs again and again, including miners who have spent large sums of money to mine and they need returns so that they remain profitable, also big institutions that invest in bitcoin by owning large amounts they have not only want to own but because they want to make a profit by making the price higher than the purchase price, so the increase in the price of bitcoin is a concern for many parties.
For us of course this is not a problem, we can still get profit even though bitcoin will not touch ATH again, price fluctuations that can reach more than 1% per day make a good opportunity to get profit, if we trade with a value of $ 100k and profit 1% then we get $ 1000 per day.
If bitcoin cannot pass or create new ATH again, of course there will be boredom and panic from investors, people will think that bitcoin has lost interest so that prices cannot pass through ATH, and if that happens of course we have to prepare the best thing to leave bitcoin immediately.
Not everyone participates in the market for profit, some still use bitcoin as a currency, a means of payment, and some use it for privacy purposes. So if bitcoin no longer generates new ATH, it will lose some users but not all. But in case it does not generate new ATH but maintains volatility, we still have the possibility to profit from it, many people will also stay in the market.
I also won't give up entirely if bitcoin stabilizes because it is still useful as a currency, especially since bitcoin still helps me to be my own bank, my assets are not controlled by the government and banks.
If bitcoin cannot pass or create new ATH again, of course there will be boredom and panic from investors, people will think that bitcoin has lost interest so that prices cannot pass through ATH, and if that happens of course we have to prepare the best thing to leave bitcoin immediately.
The market is currently volatile according to my personal opinion, this trend will continue. Because the US wants to bring the market under control, two storms can happen in the market. I think the downward trend in prices will continue for a few more days. But I don't think we should give up on Bitcoin immediately because the price of this currency is going down and it will go up again. Jump to: