What if BTC won't see ATH again? - page 6.

Fatunad

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Quote from: sana54210 on May 02, 2023, 01:33:49 PM

Quote from: Sebas.tian on May 01, 2023, 05:39:39 AM

Quote from: Nrcewker

BTC are destined to rise in price. The reason for which I am so confident about this statement is because Bitcoins are limited in numbers, and the rise among people to acquire Bitcoins is increasing. Currently the price and marketcap is enough to prove that Bitcoins will rise. So I would say, don’t greed and think more, whenever price falls just try to accumulate as many Bitcoins as you can and hold it for long term. Definitely we will see an ATH price this year.

I agree with you, because there is a hope that the price of Bitcoin will break record this year 2023 to hit $70,000 or $80,000 for those that invested some years ago to embrace the opportunity to make a huge amount of profits from their long term holding. Many people thought something like this last year that gave many Long term investors and short term investors to used all their strength and energy to get money to purchase potential coins like Bitcoin and Ethereum in the lower price and hold before they really them for sale last month when the price increased higher in the market to make a good income at the moment.

I am not sure if it will see that right now, or not, it may see that level or maybe it will go up but not that much. However, I agree with you on the direction part, I agree that it will go up and I agree that it will do well. Hopefully that will go towards a situation where it will be greater than what it is today.

I feel like finishing this year with 50k is not out of question, maybe we are both wrong and it will not reach those levels but I feel like it will probably reach those levels. This is why it is important to focus on what you can do with it. I believe that if you could invest carefully today, then you should probably be making a good return eventually, and that should give you a better return without a doubt.

Bitcoin didnt failed on surprising us, it is really just it do really takes time for it to show up some numbers or able to reach out those all new all time highs when it comes into its price. People who do keep on complaining
and saying some stuff about it then it is really just they cant really just wait for the right time and they are really that impatient and this is why they would really be making out some claims that it wont really be
seeing its ATH. We know that there's no way on knowing on what the future looks like but speaking about its potential and seeing its community support, then you could really tell that it does have
that chance on breaking out those resistances that we do have.It isnt really that something that we could assure off but at least we are really that seeing the potential.

This is why it would really be depending on how you would really be handling up yourself not only mentally but also emotionally considering that this market is really that something that cant be known
when it comes into its movements. Wont be seeing new ath? Then if thats your mindset then you would really be hindering yourself on buying because of having those
doubts.

Baoo

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What if you stop being pessimistic?
And Bitcoin will definitely hit ATH again but certainly not in the near future. To be honest, that may take a long of time to be achieved due to this current stability will continue during this year. From my perspective, Bitcoin will increase significantly after the next halving specifically by the end of 2024. It would be better if we keep holding and investing due to the recent price is still affordable and suitable until it reaches all time high.
In fact, I realized that Bitcoin is related the global inflation, it means the more the rate of deficit financing increases, the more Bitcoin price rises.

sana54210

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Quote from: Sebas.tian on May 01, 2023, 05:39:39 AM

Quote from: Nrcewker

BTC are destined to rise in price. The reason for which I am so confident about this statement is because Bitcoins are limited in numbers, and the rise among people to acquire Bitcoins is increasing. Currently the price and marketcap is enough to prove that Bitcoins will rise. So I would say, don’t greed and think more, whenever price falls just try to accumulate as many Bitcoins as you can and hold it for long term. Definitely we will see an ATH price this year.

I agree with you, because there is a hope that the price of Bitcoin will break record this year 2023 to hit $70,000 or $80,000 for those that invested some years ago to embrace the opportunity to make a huge amount of profits from their long term holding. Many people thought something like this last year that gave many Long term investors and short term investors to used all their strength and energy to get money to purchase potential coins like Bitcoin and Ethereum in the lower price and hold before they really them for sale last month when the price increased higher in the market to make a good income at the moment.

I am not sure if it will see that right now, or not, it may see that level or maybe it will go up but not that much. However, I agree with you on the direction part, I agree that it will go up and I agree that it will do well. Hopefully that will go towards a situation where it will be greater than what it is today.

I feel like finishing this year with 50k is not out of question, maybe we are both wrong and it will not reach those levels but I feel like it will probably reach those levels. This is why it is important to focus on what you can do with it. I believe that if you could invest carefully today, then you should probably be making a good return eventually, and that should give you a better return without a doubt.

Latviand

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Quote from: 19Nov16 on May 02, 2023, 09:49:03 AM

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.

That's really a hard sell, people not interested in bitcoin? No way, not to mention that there's more people that are into cryptocurrency than ever before, I don't think it's really impossible that we won't see another ATH, bitcoin has already disproven a lot of it's doubters back when the prices were still in the 4 digit range, I don't think that it's going to be any different. Just let things move the way it intends to move, people will panic today and then regret it tomorrow.

Franctoshi

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In the market two things will always happen either the price rises or falls due to the law of supply and demand, when it comes to Bitcoin we all are aware from Satoshi's Bitcoin white paper that not more than 21M Bitcoin can ever be created, so I wonder what will stop the price from increasing over time , let's for instance comparing the worlds population which is about 6-7 Billion to 21M number of Bitcoin's total suply and It just happened that only 1 Billion out of 7 Billion population owns Bitcoin across the world in the future, not taking into account the individuals that already owned a thousand (1000+BTC), the demand will everly be there and definitely the price will increase and hence creating new ATH.

19Nov16

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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.

Dr.Bitcoin_Strange

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Quote from: a298b112 on April 21, 2023, 04:57:19 AM

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 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.

Smack That Ace

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Quote from: GelatikKembar on May 01, 2023, 12:17:36 PM

Quote from: Smack That Ace on May 01, 2023, 05:57:54 AM

Quote from: Sebas.tian on May 01, 2023, 05:39:39 AM

Quote from: Nrcewker

BTC are destined to rise in price. The reason for which I am so confident about this statement is because Bitcoins are limited in numbers, and the rise among people to acquire Bitcoins is increasing. Currently the price and marketcap is enough to prove that Bitcoins will rise. So I would say, don’t greed and think more, whenever price falls just try to accumulate as many Bitcoins as you can and hold it for long term. Definitely we will see an ATH price this year.

I agree with you, because there is a hope that the price of Bitcoin will break record this year 2023 to hit $70,000 or $80,000 for those that invested some years ago to embrace the opportunity to make a huge amount of profits from their long term holding. Many people thought something like this last year that gave many Long term investors and short term investors to used all their strength and energy to get money to purchase potential coins like Bitcoin and Ethereum in the lower price and hold before they really them for sale last month when the price increased higher in the market to make a good income at the moment.

I agree with the thought that the bitcoin price will continue to rise and that creating an ATH shouldn't be too difficult for bitcoin. It's only a matter of time for that to happen. But I disagree that the bitcoin price will break records and hit new ATHs this year. I would like to reiterate that bitcoin only hit a new ATH after the halving, and we are far from the halving, so expecting a new ATH this year is a bit unrealistic.

We can talk about New ATH for Bitcoin after the Bitcoin halving, for now it is very likely that Bitcoin will be really volatile,
I don't know whether Bitcoin can breakout from $30k again or not, because $30k is the key for Bitcoin to continue its bullish trend.

To me, the volatility of bitcoin is unpredictable, there is no key or resistance level to confirm it will continue to rise or fall, any scenario is possible. The $30,000 goal, we hit it in April, so it's only a matter of time before it comes back.

Quote from: nurilham on May 01, 2023, 03:36:44 PM

()

People who expect the ATH to happen this year, probably don't know about Bitcoin price history. They never understand about bearish-bullish season, too.

Not only are newbies making those predictions, but a lot of long-time investors, even they have experienced 2 previous bear seasons. But they still confidently predict that there will be ATH this year. I don't know why they have that mindset, but it's just an expectation anyway, and there's nothing wrong with it. Time will answer all.

nurilham

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Quote from: Smack That Ace on May 01, 2023, 05:57:54 AM

I agree with the thought that the bitcoin price will continue to rise and that creating an ATH shouldn't be too difficult for bitcoin. It's only a matter of time for that to happen. But I disagree that the bitcoin price will break records and hit new ATHs this year. I would like to reiterate that bitcoin only hit a new ATH after the halving, and we are far from the halving, so expecting a new ATH this year is a bit unrealistic.

I also believe that Bitcoin price will continue to increase and it should create another ATH in the next bullrun season. But surely it won't happen this year because we are still in the bearish season. The next bullrun season is predicted to happen after the upcoming bullrun season, so it probably happens in 2024-2025. Of course, it is impossible if we want to see Bitcoin hit a new ATH this year. The current price is still far from the ATH, it is not the right time to expect another ATH. Wink

Anyway, the price move gradually nearing the ATH, so it won't create a new ATH suddenly. People who expect the ATH to happen this year, probably don't know about Bitcoin price history. They never understand about bearish-bullish season, too.

rahulzx

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Quote from: a298b112 on April 21, 2023, 04:57:19 AM

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."

when considering global market history how confident that you are? answer will give to answer for your argument

Mpamaegbu

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The basic question should be when will Bitcoin find another ATH, not if it will find it. Of course, it's a given that Bitcoin will continue to find fresh ATH within every of its circle.

Quote from: stompix on April 21, 2023, 08:09:36 AM

I remember Bitcoin being called "A Peer-to-Peer Electronic Cash System" not a quadruple your money every cycle earning scheme.

Let's be realistic here – how many people (investors) would be interested in Bitcoin if it weren't for the fact it serves as both investment and asset instrument. I'm not sure the P2P factor would've got it to this point in price than the "quadruple" effect is doing.

Marykeller

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Quote from: a298b112 on April 21, 2023, 04:57:19 AM

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.

If you and I were to be completely honest with the crypto market, we would understand that it has a mechanism whereby a new ATH is set aside every four years regardless of what, despite the fact that there is no rule stating that bitcoin should hit another all-time high.

The fact that bitcoin establishes a new ATH every four years makes it appear difficult for someone who has been involved in the cryptocurrency industry for a long time to assume or agree that there won't be another ATH of bitcoin other than the $69k price that occurred last two years ago. The reason now is that as the awareness of Bitcoin is spreading, that's now how the adoption of bitcoin will be also and this will trigger its future price to another ATH every time

dragonvslinux

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Quote from: irhact on April 29, 2023, 01:18:13 AM

Quote from: YUriy1991 on April 27, 2023, 04:02:52 AM

The future of Bitcoin is not easy to predict correctly because there are many different factors that can affect the market but at least it can help one not to get caught up in overly confident or certain issues or statements about Bitcoin price movement in the future.

The future is actually very easy to predict, from how Bitcoin was created, the supply will always be limited and that means the price is going to always increase in price. We're just impatient and that's why we're doubting the future of Bitcoin. Bitcoin price will always increase after every four years so we shouldn't be in a hurry to expect the price to increase during the bear market.

I agree to a certain degree with this statement, based on the Bitcoin's havling that occurs every 4 years, but the exception to this rule is if there is a dramatic decrease in adoption. Ultimately, price only increases because the adoption increases (or at least the demand is maintained after the halvings). So it is possible that price won't increase if the adoption doesn't continue to increase, not that I believe this will happen.

Quote from: irhact on April 29, 2023, 01:18:13 AM

In 2025, I don't think there'll be anything that'll stop the price from reaching a new all time high, I have no doubt of some of the government in different countries secretly buying Bitcoin. El Salvador are doing it publicly because they have accepted the currency but I have a feeling countries like China (Hong Kong) is doing it secretly.

I'm not sure there's many governments that can get away with "secretly" buying Bitcoin, as generally they have to be relatively transparent their reserves. But I do think there will be more countries in the near future adopting a Bitcoin strategy like El Salvador. Already since El Salvador the Central African Republic has also made Bitcoin legal tender, and it's likely that the success from these experiments will encourage other African or Latin American companies to do the same. As otherwise, for countries with stable currencies like China, I don't see the incentive to adopt what is generally considered risky strategies.

GelatikKembar

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Quote from: Smack That Ace on May 01, 2023, 05:57:54 AM

Quote from: Sebas.tian on May 01, 2023, 05:39:39 AM

Quote from: Nrcewker

BTC are destined to rise in price. The reason for which I am so confident about this statement is because Bitcoins are limited in numbers, and the rise among people to acquire Bitcoins is increasing. Currently the price and marketcap is enough to prove that Bitcoins will rise. So I would say, don’t greed and think more, whenever price falls just try to accumulate as many Bitcoins as you can and hold it for long term. Definitely we will see an ATH price this year.

I agree with you, because there is a hope that the price of Bitcoin will break record this year 2023 to hit $70,000 or $80,000 for those that invested some years ago to embrace the opportunity to make a huge amount of profits from their long term holding. Many people thought something like this last year that gave many Long term investors and short term investors to used all their strength and energy to get money to purchase potential coins like Bitcoin and Ethereum in the lower price and hold before they really them for sale last month when the price increased higher in the market to make a good income at the moment.

I agree with the thought that the bitcoin price will continue to rise and that creating an ATH shouldn't be too difficult for bitcoin. It's only a matter of time for that to happen. But I disagree that the bitcoin price will break records and hit new ATHs this year. I would like to reiterate that bitcoin only hit a new ATH after the halving, and we are far from the halving, so expecting a new ATH this year is a bit unrealistic.

We can talk about New ATH for Bitcoin after the Bitcoin halving, for now it is very likely that Bitcoin will be really volatile,
I don't know whether Bitcoin can breakout from $30k again or not, because $30k is the key for Bitcoin to continue its bullish trend.

Woodie

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What do you mean "What if BTC won't see ATH again? " are you giving us a hint that bitcoin could be closing shop Huh

Because its the only way this could happen...and unfortunately this being a digital age bitcoin is here to stay!!!

Quote from: a298b112 on April 21, 2023, 04:57:19 AM

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.

You know the thing about most of us crypto enthusiasts, we want these crypto assets to remain bullish for the rest of their life time and when ever these coins see red we want a response to happen by tomorrow, but that's not how markets work.

If we look at one of the oldest assets out there "Gold", you will learn that its ATH was set several years ago and it took a long time before the ATH was breached again and this same assumption can be applied to BTC...it might not happen today or tomorrow but the fact remains that this ATH will be broken one day!

Natalim

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Quote from: Sebas.tian on May 01, 2023, 05:39:39 AM

Quote from: Nrcewker

BTC are destined to rise in price. The reason for which I am so confident about this statement is because Bitcoins are limited in numbers, and the rise among people to acquire Bitcoins is increasing. Currently the price and marketcap is enough to prove that Bitcoins will rise. So I would say, don’t greed and think more, whenever price falls just try to accumulate as many Bitcoins as you can and hold it for long term. Definitely we will see an ATH price this year.

I agree with you, because there is a hope that the price of Bitcoin will break record this year 2023 to hit $70,000 or $80,000 for those that invested some years ago to embrace the opportunity to make a huge amount of profits from their long term holding. Many people thought something like this last year that gave many Long term investors and short term investors to used all their strength and energy to get money to purchase potential coins like Bitcoin and Ethereum in the lower price and hold before they really them for sale last month when the price increased higher in the market to make a good income at the moment.

Might we see a huge pump this year but I would say that I don't reach for another ATH this year. As I recall on the previous bull run where the price of Bitcoin reach its new ATH it was 4 years after the last 2017 ATH. And trying to count it, it was predicted to have a rally 2 years from now (2025). If we can see the price of Bitcoin will reach $70k, therefore, I would say that the market had really changing fast.
I hope I was wrong but this is what I see in the market now and this is based on the previous market record.

Smack That Ace

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Quote from: Sebas.tian on May 01, 2023, 05:39:39 AM

Quote from: Nrcewker

BTC are destined to rise in price. The reason for which I am so confident about this statement is because Bitcoins are limited in numbers, and the rise among people to acquire Bitcoins is increasing. Currently the price and marketcap is enough to prove that Bitcoins will rise. So I would say, don’t greed and think more, whenever price falls just try to accumulate as many Bitcoins as you can and hold it for long term. Definitely we will see an ATH price this year.

I agree with you, because there is a hope that the price of Bitcoin will break record this year 2023 to hit $70,000 or $80,000 for those that invested some years ago to embrace the opportunity to make a huge amount of profits from their long term holding. Many people thought something like this last year that gave many Long term investors and short term investors to used all their strength and energy to get money to purchase potential coins like Bitcoin and Ethereum in the lower price and hold before they really them for sale last month when the price increased higher in the market to make a good income at the moment.

I agree with the thought that the bitcoin price will continue to rise and that creating an ATH shouldn't be too difficult for bitcoin. It's only a matter of time for that to happen. But I disagree that the bitcoin price will break records and hit new ATHs this year. I would like to reiterate that bitcoin only hit a new ATH after the halving, and we are far from the halving, so expecting a new ATH this year is a bit unrealistic.

Sebas.tian

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Quote from: Nrcewker

BTC are destined to rise in price. The reason for which I am so confident about this statement is because Bitcoins are limited in numbers, and the rise among people to acquire Bitcoins is increasing. Currently the price and marketcap is enough to prove that Bitcoins will rise. So I would say, don’t greed and think more, whenever price falls just try to accumulate as many Bitcoins as you can and hold it for long term. Definitely we will see an ATH price this year.

I agree with you, because there is a hope that the price of Bitcoin will break record this year 2023 to hit $70,000 or $80,000 for those that invested some years ago to embrace the opportunity to make a huge amount of profits from their long term holding. Many people thought something like this last year that gave many Long term investors and short term investors to used all their strength and energy to get money to purchase potential coins like Bitcoin and Ethereum in the lower price and hold before they really them for sale last month when the price increased higher in the market to make a good income at the moment.

milewilda

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Quote from: imamusma on April 30, 2023, 11:45:08 AM

Quote from: Sorryfor on April 30, 2023, 12:32:18 AM

Of course, this will never happen as we can see how much the cryptocurrency market has changed compared to the past. If Bitcoin does not ATH again then the entire cryptocurrency will be destroyed. and you can wait and see what the future holds for Bitcoin. It won't take much time for the market to ATH where it is currently. We may soon see the Bitcoin market grow again.

The crypto industry will continue to grow regardless of whether bitcoin can mint new ATH or not. Actually bitcoin ATH is not the determining factor that will keep the crypto industry going, but bitcoin ATH can have an impact on the enthusiasm and confidence of many people to hope for a better future.

Fundamentally the future of bitcoin is also undefined because of ATH, I tend to think that growing adoption and real use cases will keep bitcoin around and used rather than just hoping for ATH. ATH is desirable because bitcoin is considered an investment and trading asset, while some consider it a store of value. But if you're using bitcoin as a means of payment, then I think you're very likely not to care too much about ATH.

We know that Bitcoin did really be able to prove out on whats its worth and its been up and able to be on the top for a decade+ which does signifies that demand and recognition is really there. We cant really be able to
deny that people would really be always having that huge support to it and it would really be always be on where it is really just that normal that it would really be having that kind of approach and beliefs
and thats why it would really be having that continous kind of support no matter what. Speaking about new ATH or wouldnt be able to touch up its ATH ever then it should be fine though but in the sense that you are
an investor who do really love on investing and making profits then you might be considering some other options because if you cant be able to utilize and possibly be making some huge profits on
bitcoin investment then you would definitely be looking on altcoins which there's no other way we could really be able to look out.

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Quote from: Sorryfor on April 30, 2023, 12:32:18 AM

Of course, this will never happen as we can see how much the cryptocurrency market has changed compared to the past. If Bitcoin does not ATH again then the entire cryptocurrency will be destroyed. and you can wait and see what the future holds for Bitcoin. It won't take much time for the market to ATH where it is currently. We may soon see the Bitcoin market grow again.

The crypto industry will continue to grow regardless of whether bitcoin can mint new ATH or not. Actually bitcoin ATH is not the determining factor that will keep the crypto industry going, but bitcoin ATH can have an impact on the enthusiasm and confidence of many people to hope for a better future.

Fundamentally the future of bitcoin is also undefined because of ATH, I tend to think that growing adoption and real use cases will keep bitcoin around and used rather than just hoping for ATH. ATH is desirable because bitcoin is considered an investment and trading asset, while some consider it a store of value. But if you're using bitcoin as a means of payment, then I think you're very likely not to care too much about ATH.

Topic: What if BTC won't see ATH again? - page 6. (Read 1485 times)