What if BTC won't see ATH again? - page 9.

Yatsan

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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."

Actually, sky is the limit. One reason is limited supply; if demand would be continuously increasing and given that there is a limited supply of Bitcoin to be mined, then its market value could continue increasing in the future especially if more people will be fond of using this technology as a mode of payment due to its advantages ovet fiat. However, there is indeed a tendency that its price will not again reach the ATH; if this industry will be abandoned by people or governments of many countries for any possible reason such as prohibition due to not being taxed and such. Since demand is affected by many factors we cannot control what will happen 'coz it is a double edged sword. If we can't control its price going up, then same thing as it falls, bottomline is, demand will be the determinant of its value whether it is going up or down.

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Quote from: Ndabagi01 on April 23, 2023, 08:49:22 AM

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.

Ideally, we all know that this is impossible, and bitcoin will surpass its current ATH. It can be witnessed in previous events and incidents following each cycle of halving. This time it will happen again; this is not a theoretical statement, but a certainty.

I beg to disagree, nothing is certain in this world but changes and death. So even if the cycle proves that Bitcoin is capable of breaking it ATH, it is not certain until it happen. So I can say, the possibility of not breaking ATH is always there but we are incline to think that it will surely break ATH because it is what we are hoping for.

Quote from: Ndabagi01 on April 23, 2023, 08:49:22 AM

Quote

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

Adoption is expanding every day, and as the need for more purchases increases, we might face some scarcity in its supply (everyone wants to hold and not sell). When demand exceeds available supply, the price will inevitably rise.

True that, in general it is a matter of supply and demand but in more close observation, it isn't just the supply and demand but the many factors that is happening in the world. Price of Bitcoin is affected by regulation, global economic state, and many more. Institutional acceptance will be the major factor in the next ATH breaking of BTC, that is what I am thinking.

Ndabagi01

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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.

Ideally, we all know that this is impossible, and bitcoin will surpass its current ATH. It can be witnessed in previous events and incidents following each cycle of halving. This time it will happen again; this is not a theoretical statement, but a certainty.

Quote

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

Adoption is expanding every day, and as the need for more purchases increases, we might face some scarcity in its supply (everyone wants to hold and not sell). When demand exceeds available supply, the price will inevitably rise.

Captain Corporate

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We would be sad? I mean its quite funny to talk about something that we all know won't happen, we all know that it is going to be possible see above ATH and that is why there is really no problem of achieving something like that. So there are too many people who keep on considering that its going to change and suddenly we won't see it? We have seen it for so long so far and I do not think that it will not change anytime soon, if we did it before then we are going to do it again as well. I just don't know the time, like yeah surely its not going to be very soon like this month, but it will "eventually" happen. When we know this, that means we do not have to worry about the future and not fear something like this, just realize that its going to be fine.

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Quote from: STT on April 22, 2023, 02:48:58 PM

Its not just inflation is a thing, some currencies are going to zero worth which causes entire nations to lose their cash in hand. Its not a one off event, its continual failure and corruption of currency by politics and military dictators etc. people at present cannot trust any type of currency in the world as all of it is centralized towards a political master at best and at worst egotistical fiscal diversion and loss.
BTC very likely is of increasing worth in a world where normal exchange of currency involves losing some of it almost always, I'd rather have the chance of gaining something; most at present choose investment in shares or similar to make gains but BTC is valid also so most of the world has yet to hold a small amount.

though we don't know the future of BTC, but as we are looking at the current market, the hope of further increasing its value is still there. the adoption is growing, more companies are buying their stash. worry if there is no one talking about this market anymore.
achieving a new ATH or not, what we can do is ask ourselves on what we are doing to prepare for this market. what will happen if the price will further increase later on? do you want to regret the good times that you should have been collecting some satoshis?

lionheart78

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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.

I agree there is no rule that say BTC will reach another ATH but there is also no rule that BTC will not reach another ATH. So it evens out the argument. Grin

One thing I am sure that BTC often shames both technical and fundamental analysts. It's price movement is also unpredictable and often times moves in a crazy pattern so no one can say whether it will rally to new ATH or not. But if we look at history, it shows that in every cycle there is a recorded new all-time high I know we cannot hold unto that but we all know more often than not, history repeats itself.

Aside from the given reason on @OP, Bitcoin will record another ATH because of hype and positive market sentiment. It is also possible certain groups will align with the hype and pump the price of Bitcoin with aim of selling when Bitcoin is at its peak.

STT

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Its not just inflation is a thing, some currencies are going to zero worth which causes entire nations to lose their cash in hand. Its not a one off event, its continual failure and corruption of currency by politics and military dictators etc. people at present cannot trust any type of currency in the world as all of it is centralized towards a political master at best and at worst egotistical fiscal diversion and loss.
BTC very likely is of increasing worth in a world where normal exchange of currency involves losing some of it almost always, I'd rather have the chance of gaining something; most at present choose investment in shares or similar to make gains but BTC is valid also so most of the world has yet to hold a small amount.

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Quote from: Farma on April 22, 2023, 02:21:20 AM

if bitcoin can't reach ATH again, then people will just take advantage of the volatility that occurs at the price that is being reached at that price. the potential for bitcoin will always be there because the price goes up and down. In addition, the potential for bitcoin to reach new ATH is still very large. price developments from year to year also prove that bitcoin price developments continue to occur. although there have been some significant declines due to FUD, the potential for ATH for bitcoin is still very large.

The question is, will there be an issue if Bitcoin doesn't cross its previous all-time high? And the answer is no, there will be no issues at all. It might only be an issue for those investors who bought Bitcoin when it was at its peak because a lot of people sold their Bitcoins in that position and those who were buying are probably still waiting for the price to reach there again.

Apart from that, there will be no issues at all. It wouldn't have a change in its utility, nor the traders will have an issue since it will still be volatile enough for traders to gain profits even if it doesn't go too high.

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The words "what if" are something I don't like. People usually come out with such assumptions and worries about the future, I feel it from OP.
But here are the things
- Bitcoin will never reach another ATH if people never hold their coins but rather be an active trader buying today and selling tomorrow.
- a decrease in market demand causing its price to drop because people are buying more on altcoins when halving is coming.

But can't just sweep away the chance that it surpasses the previous ATH as it actually happens last 2021 while breaking the $20k ATH, and so most of us are expecting to break again 2 years from now.

Asuspawer09

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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."

I mean, yes Bitcoin might not reach All time high we can easily argue about that, even though a lot of investors, traders, etc. are saying that it will reach All time high or even surpass it. That might not happen for sure because we can't really predict what is going to happen in the market in the future.

As far as history we have a lot of signals or green flags that it is going to happen, some might not believe it but it's still enough basis for us to buy and invest in Bitcoin.

The increasing adaptation of Bitcoin is for sure going to skyrocket the Bitcoin market price, A lot of countries are starting to adopt Bitcoin, and a lot of platforms adopt crypto and it's already a lot easier to buy this time compared to the past years. You can also add the Bitcoin halving.

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Quote from: fzkto on April 22, 2023, 05:15:30 AM

Quote from: StreakW on April 21, 2023, 12:45:41 PM

I am sure that bitcoin will reach new ATH again at least in the next halving period. Usually, when a halving occurs, the bitcoin price increases very significantly and even prints new ATH. Moreover, the Bitcoin halving plays an important role in ensuring that the supply of BTC is limited so that it can inhibit inflation against bitcoin.

Many people are used to bitcoin going up after a halving and always showing a new ATH. I think that at least once it might not work, because it is very easy to buy cheap bitcoin before the halving, for example now, and sell it after the halving with a good profit. A lot of people know about this pattern now, and everyone wants to make a profit.

Many people know about this pattern, but not all, and compared to the world population, the percentage of participants in the cryptocurrency market is negligible number. So I think this pattern will work fine a few more times before there is a disturbance. I also believe that sooner or later, the market is not cyclical, history does not repeat itself and will make new history, but maybe it is not happening anytime soon. I still think history will repeat itself this time.

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

Problem:

Quote

What if BTC won't see ATH again?

Solution:

Seems like way too many are concerned more about the price and the gain in $ than realizing Bitcoin will work as intended by Satoshi even at $100 or $100k.
I remember Bitcoin being called "A Peer-to-Peer Electronic Cash System" not a quadruple your money every cycle earning scheme.

I agree but it seems that Bitcoin becomes one of the best assets that we have today, even surpassing Gold in my opinion. So it's really hard to see people not concern about the price. Although most of us can still used it P2P even with a 3rd party involved.

As to the narrative of the OP, I don't think that we won't see any ATH again. When we see that there is a demand, then obviously the price go South. That's the basic of all assets, scarcity is one of the most contributing factor just like Gold or it's digital counterpart, which is Bitcoin.

fzkto

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Quote from: StreakW on April 21, 2023, 12:45:41 PM

I am sure that bitcoin will reach new ATH again at least in the next halving period. Usually, when a halving occurs, the bitcoin price increases very significantly and even prints new ATH. Moreover, the Bitcoin halving plays an important role in ensuring that the supply of BTC is limited so that it can inhibit inflation against bitcoin.

Many people are used to bitcoin going up after a halving and always showing a new ATH. I think that at least once it might not work, because it is very easy to buy cheap bitcoin before the halving, for example now, and sell it after the halving with a good profit. A lot of people know about this pattern now, and everyone wants to make a profit.

Merit.s

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From the way bitcoin was designed, it has a limit of 21million,which makes it a unique assets. There must be a halving and after bitcoin halving comes ATH the next year due to the quantity of bitcoin to be mined has reduced. Demand and supply is also an important factor that always trigger bitcoin price. Bitcoin has never failed,instead it has continue to increase in value and in adoption. All these will make bitcoin cycle repeat itself base on history. This is why we are to experience more ATH in future on bitcoin price. Remember it is resistance to inflation, unlike fiat and people have begin to understand this fact.

Farma

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if bitcoin can't reach ATH again, then people will just take advantage of the volatility that occurs at the price that is being reached at that price. the potential for bitcoin will always be there because the price goes up and down. In addition, the potential for bitcoin to reach new ATH is still very large. price developments from year to year also prove that bitcoin price developments continue to occur. although there have been some significant declines due to FUD, the potential for ATH for bitcoin is still very large.

doomloop

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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."

Do you want me to only name one reason why Bitcoin will soar high in price eventually? It's very easy, the answer is demand. How can you stop Bitcoin being demanded more and more since we all know that it won't stop spreading around and there are too many people in the world who are yet to make their first Bitcoin purchase, that's one point.

You can simply not stop Bitcoin from becoming more and more popular, and since we know that its supply cannot be changed and is limited, the rule of supply and demand is why Bitcoin will surely be higher in value in the future, though we can't be sure when it will cross it's previous ATH.

peter0425

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Year after year , bitcoin investors is gaining , and of course the most time for this is when there are halving and people see this as opportunity to invest and gain money.
the problem here is that there are also some bad words coming that make other people hesitant to invest.
but this does not send us belief that bitcoin will never gain ATH .
and of course for how many years we have seen this coming and happening , maybe newbie like you does not manage to experience but we? as stayed years here? how many times that we see ATH happening .

JeffBrad12

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It's just matter of time until next bullish cycle but what people keep saying above are also true, bitcoin now is an investing tool much more like gold.
many are expecting it to always multiple its value every runs, which is fine considering they are looking it for the perspective of an investor who always try to seek growing their capitalization.
however though, current value of bitcoin is already high enough if compared with just few years ago, i wouldn't ask for more but certainly if bitcoin could ever recover back to its all time high and even go beyond there's more certainly no harm in that. but the chance of bitcoin repeating the same feat and go beyond are just as high as it is not hitting its all time high ever again. but this only my 2 cents honestly.

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If Bitcoin does not see another all-time high throughout its lifecycle. I don't think that it is a threat to the existence of Bitcoin and cryptocurrency.
From $1 to $69k is a very high range for trading in Bitcoin. If Bitcoin does not see a new all-time high, that means the price will now be fluctuating between let's say ten thousand dollars to sixty thousand dollars and that is a very large margin for someone to make profit. It is a very long margin for someone to hold for a very long time and take profit. The only problem is those people that bought at a very high price might not be lucky to have the price again to sell or make again.

But that is just your thinking or option, but on a real life scenario Bitcoin will make a new all-time high. If bitcoin will fail, not this time ecomies are crashing.

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Quote from: a298b112 on April 21, 2023, 08:33:34 AM

Once gold was money, now it is an investing tool. So is BTC.

BTC is still a currency, if you go to a shop and the notice reads "we accept BTC" and you pay with BTC, then you have used it as a currency, and there are many shops like that all over the world, both physical and online shops. But the best part about BTC is that it can be used by the owner how they want to, it has a reducing supply, so if you think the future price will be higher, you can buy BTC and hold it. If you want a permissionless and censorship resistant currency to spend, you can use BTC, if you love risk and like to make daily profit, you can use BTC for daily trading, you should use it how you want to.

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