There are no real assumptions for something like this because indeed in this case I think it's one of the risks and the worst possibility that will happen but the problem is with the current conditions I think ATH will still happen sooner or later something like this is still possible to happen.
What you said about there are still many people who still don't buy and even know BTC is true but on the other hand it doesn't matter, adoption is still continuing and we have to be aware of the current conditions that more and more people know BTC believe it or not a chart like this will continue to rise.
Even though all possibilities are still going to happen considering the Volatility but for ATH I'm still sure of that.
Topic: What if BTC won't see ATH again? - page 7. (Read 1499 times)
While there are no assurances , Bitcoin's thriving institutional adoption, circumscribed supply, and decentralized nature makes it an enticing substitute to local currencies, which could contribute to another all-time high in the future.
it never crossed many people's minds that bitcoin touched $ 50k but in fact bitcoin has reached that price, now people are asking whether bitcoin will touch $ 100k, and although no one can confirm it is 100% but bitcoin will definitely touch value $100k/BTC.
Perhaps, it was possible but I haven't think it right now. Because reaching $100k is not that easy, not that we think when people and these investors never know how to hold but just sell their Bitcoins when there are short pumps. We'd see the price before keep on growing, we make it as a basis for the future, we are able to reach $20k, another $60k for new ATH, and we are expecting a higher price in this bull season. That is how we viewed the journey of Bitcoin and we gain some faith but couldn't assure that it all be happening this time as it remains unpredictable.of course, it's not an easy thing for bitcoin to reach $ 100k (besides needing good news, it also requires big adoption) but back to how people thought about the value of bitcoin in the past, even in 2016 many people never thought the price of bitcoin would touch $10k (that's why many people are trivial with the bitcoins they get either from the faucet - airdrop - mining).
now we all have to be able to learn from experience and everyone must have an investment in bitcoin regardless of whether the price of bitcoin will touch $100k or not because bitcoin is an investment asset that is very strong and resistant to anything even if it is very volatile (unstable like the price of gold).
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."
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. 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."
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."
Even if we think differently, Bitcoin will be at the top of the global economy in the coming days. Usually many people are busy buying gold and land to protect their wealth from inflation but Bitcoin has gained huge popularity among everyone to make the situation more transparent and faster. People can easily control these digital assets. Day by day people's demand is increasing and they are also getting huge incentive to collect Bitcoin so there is no doubt that Bitcoin will be bullish again in the coming days. Bitcoin is needed not only for temporary profit but also to protect assets from this inflation. 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."
Sometimes I kept wondering why people over bothered them selves with bitcoin prices, there are still time for us and bitcoin is here to stay and doesn't have where to go we'll leave it and go one day so people are still yet to know about bitcoin.
With time the whole world will get to know about bitcoin then we may know we had a better chance to buy at cheap price but instead we always get worried of the price or even focusing on seeing new All-Time-High which I think isn't pretty cool with us.
With time the whole world will get to know about bitcoin then we may know we had a better chance to buy at cheap price but instead we always get worried of the price or even focusing on seeing new All-Time-High which I think isn't pretty cool with us.
...
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."
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."
it never crossed many people's minds that bitcoin touched $ 50k but in fact bitcoin has reached that price, now people are asking whether bitcoin will touch $ 100k, and although no one can confirm it is 100% but bitcoin will definitely touch value $100k/BTC.
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.
While I agree with some of your points, but I disagree with the ease of predicting the future. There is no special way to convince yourself that the price of bitcoin will always go up every 4 years like you said other than someone's optimism about bitcoin. People wish they could figure out how the process worked, not how it would turn out in the future so people could analyze.Don't be offended, what you believe about the future may not be what you believe especially because bitcoin wasn't created to be more expensive each halving period. People expect the same scenario to repeat itself, but no one can guarantee the same thing will happen again.
snip
Before answering your question I wanna also remind you that why the price of a thing goes up, The reason is when the supply of a good is less than the demand. And we all know that the total supply of bitcoin is only a 21million which is very low at against the total population of the world. And if we look back days then we will see that the growing of using cryptocurrencies is nice so there is no confusion that the upcoming days the using of cryptocurrency with decrease so if the using of cryptocurrency using the rate increasing day by day the there will be must bitcoin price is also gonna increase with the flow. So far from an all-time high, Bitcoin will surely reach at that point we can't even imagine now ...
...I'm comparing the price of bitcoin to the price of amazon or apple stocks. In the beginning they too were cheap, but only after many years has their value increased.
Comparing bitcoin to shares of Amazon and Apple is a pretty modest comparison, I think bitcoin's potential is much greater than those stocks. I don't want to flatter or exaggerate bitcoin, but honestly, bitcoin is possibly the most perfect product I've ever known. It can be both an asset and a means of payment, and especially it can turn us into our own bank that, so far, no technology or asset has been able to do that get this. I think, if it can be accepted and used worldwide, then we don't need to use fiat, gold, or other payment methods because bitcoin includes all of that.
The potential of bitcoin is huge, its value will not stop at $69k or $100k. I believe its value will be higher than we imagine, just like how many people don't think within 14 years, bitcoin can grow from $1 to $69k.
With the growing number of new users, of course bitcoin will continue to set new price records, if bitcoin can't touch ATH again I'm sure the volume of transactions will continue to increase, and in my opinion the thing that makes bitcoin always interesting is that it deserves to be used as daily trading, so it doesn't take much time it takes a long time to get a profit because with price fluctuations that can reach 5% or more, it can make us get a lot of profit.
Let's assume that scenario will happen but that would mean Bitcoin failed as a sytem and was everyone will call it a crypto bubble. With certain that at some point , Bitcoin should stable at some price area but I still think we are some years far away until Bitcoin will do that so for now , let's hope we can break again 30k before summer hits and we can officially say we are in a pre-bull run.
...
...I'm comparing the price of bitcoin to the price of amazon or apple stocks. In the beginning they too were cheap, but only after many years has their value increased.
Comparing bitcoin to shares of Amazon and Apple is a pretty modest comparison, I think bitcoin's potential is much greater than those stocks. I don't want to flatter or exaggerate bitcoin, but honestly, bitcoin is possibly the most perfect product I've ever known. It can be both an asset and a means of payment, and especially it can turn us into our own bank that, so far, no technology or asset has been able to do that get this. I think, if it can be accepted and used worldwide, then we don't need to use fiat, gold, or other payment methods because bitcoin includes all of that.
The potential of bitcoin is huge, its value will not stop at $69k or $100k. I believe its value will be higher than we imagine, just like how many people don't think within 14 years, bitcoin can grow from $1 to $69k.
Everything is still in the context of How and Maybe, who can predict with certainty the direction of Bitcoin in the future. Bitcoin movements are not regulated by any party, everything depends on demand and supply in the market. So far I have never seen Bitcoin fail, after experiencing a small or large correction, Bitcoin will always experience strengthening. All of this depends on how you judge your performance and your trust in Bitcoin. It will take time to reach ATH as expected, only time will tell.
It's the same as being called a fluctuation that can go up and down at any time making prices change at any time, bitcoin always has a long history and I always see records of how bitcoin always reaches a peak when a cycle has occurred, why bitcoin can reach ATH because of limited supply and also market supply and demand is always increasing so we believe it will happen again every 4 years where after the usual halving bitcoin reaches ATH again.So I don't think bitcoin is not ATH anymore while the supply is still limited and the human population now almost likes to invest in bitcoin it will be even more rare and make the price of bitcoin go up again.
OP's suspicion is probable because no asset can go up in price forever, there will come a time when it will saturate. But that won't happen anytime soon because bitcoin is still very new, and many people still don't know about it. With that, we can see that the demand for it is growing every day, we have no concrete proof for the OP, but based on what is going on, we can be pretty sure of the increased price of bitcoin.
But there's one more thing that scares me, people already know too much about ATH after the halving, and I think that will change soon because the game can't be easy forever. Market makers will shuffle the market and make the game harder and harder.
Everything is still in the context of How and Maybe, who can predict with certainty the direction of Bitcoin in the future. Bitcoin movements are not regulated by any party, everything depends on demand and supply in the market. So far I have never seen Bitcoin fail, after experiencing a small or large correction, Bitcoin will always experience strengthening. All of this depends on how you judge your performance and your trust in Bitcoin. It will take time to reach ATH as expected, only time will tell.
It's the same as being called a fluctuation that can go up and down at any time making prices change at any time, bitcoin always has a long history and I always see records of how bitcoin always reaches a peak when a cycle has occurred, why bitcoin can reach ATH because of limited supply and also market supply and demand is always increasing so we believe it will happen again every 4 years where after the usual halving bitcoin reaches ATH again.So I don't think bitcoin is not ATH anymore while the supply is still limited and the human population now almost likes to invest in bitcoin it will be even more rare and make the price of bitcoin go up again.
OP's suspicion is probable because no asset can go up in price forever, there will come a time when it will saturate. But that won't happen anytime soon because bitcoin is still very new, and many people still don't know about it. With that, we can see that the demand for it is growing every day, we have no concrete proof for the OP, but based on what is going on, we can be pretty sure of the increased price of bitcoin.
But there's one more thing that scares me, people already know too much about ATH after the halving, and I think that will change soon because the game can't be easy forever. Market makers will shuffle the market and make the game harder and harder.
...
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."
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."
it never crossed many people's minds that bitcoin touched $ 50k but in fact bitcoin has reached that price, now people are asking whether bitcoin will touch $ 100k, and although no one can confirm it is 100% but bitcoin will definitely touch value $100k/BTC.
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."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
fiat can be printed according to political interests in a country and if more and more countries make Bitcoin a legal tender then the surge in Bitcoin prices will be unstoppable.
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.
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.
It's the same as being called a fluctuation that can go up and down at any time making prices change at any time, bitcoin always has a long history and I always see records of how bitcoin always reaches a peak when a cycle has occurred, why bitcoin can reach ATH because of limited supply and also market supply and demand is always increasing so we believe it will happen again every 4 years where after the usual halving bitcoin reaches ATH again.
What we are looking forward to is the next 4-year cycle where the Halving will happen and the possibility of ATH will be reached. It will come soon, we should all get ready too. Bitcoin's current price is still very affordable compared to the last ATH that Bitcoin reached.
Especially if the new ATH is reached which is predicted to reach $100k in this -4 halving cycle.
I believe it's because from the previous ATH to the new ATH it can be 2-3x, so it's likely to be more than $100K.
Let's wait.
So I don't think bitcoin is not ATH anymore while the supply is still limited and the human population now almost likes to invest in bitcoin it will be even more rare and make the price of bitcoin go up again.
Bitcoin supply is limited to only 21 million and will be mined out in the next few years. In addition, Bitcoin left by its owner will also not move, so automatically the supply of Bitcoin will decrease and only a few are in circulation.
The rarer it is, the more expensive it will be. The future of Bitcoin is still quite long and is currently still a start.
What if no one has promised that Bitcoin gonna update ATH every few years or every cycle? Just accept that as a fact, no one promised that cryptocurrency prices will always grow. If BTC wont update ATH, then it means that is has run out of power, trust and people will create (they always do) other asset that will become demanded and it will be a locomotion of a industry.
I think not every single BTC holder has bought it at 69k. So even if ATH is not updated, but BTC price still get close to +65k, a lot of people will be more than happy about it. Live with an idea that BTC wasnt created as a speculative asset. Dont rely on growth, use technology and opportunities instead
That is very true, anyone who has lived through the last bear runs knows that if you do DCA that means you are going to do better, so even some people who bought at 69k price could get into so much profit when it is 50k+, because they might have bought at lower prices as well to drop their average and that might allow them to make some good profit.I think not every single BTC holder has bought it at 69k. So even if ATH is not updated, but BTC price still get close to +65k, a lot of people will be more than happy about it. Live with an idea that BTC wasnt created as a speculative asset. Dont rely on growth, use technology and opportunities instead
Not a lot of people bought it at the top anyway so this means it only leaves people who bought at the very top and then never bought again and still holding after all this time. That is a very small number of people, I do not think that many of that exists, most people either bought lower, or already sold for a loss, and when the price reaches a new high, most people will be in very high profits without a doubt.
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.
Most other markets are not governed by immutable economic rules like Bitcoin. Bitcoin has a fixed supply, guaranteeing no further issuance in the future (unlike stocks and fiat). Bitcoin is decentralized and is not reliant on a board, revenue, cash flow etc. to remain afloat (unlike stocks). Bitcoin has modern-day use-case other than its great economics that are aside from its use-case (unlike gold).
The Bitcoin market follows its own created rules over the long term. No other market is like it. There is no rule or law saying that it won't reach another ATH either.
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.
This is only possible if mining becomes viable at these prices post-halving, which would be caused by a big enough innovation in the mining hardware and/or electricity sector (both unlikely). If mining is not profitable, Bitcoin can not continue to validate transactions. Mining can only be profitable at a certain price.
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."
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."
You forgot the halving and its effect on the market, as well as everything already mentioned in this post.
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