Will Bitcoin break its previous ATH record of 20K before end of 2020? - page 5.

Hamphser

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Quote from: Sayeds56 on November 08, 2020, 09:24:15 AM

History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.

You had mentioned that no one would ever know but how the hell on presuming that on every 3 years Bitcoin would reach out new ATH?

It might happened in the past but doesnt mean that it would happen in the future but 20k isnt really that too far imho and we do only have 1 month
left before this year ends but i cant see that we would really able to touch that number.

Instead on stressing out yourself then better to position yourself for possible profit making opportunity.

Porfirii

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Quote from: Husires on November 09, 2020, 02:32:42 PM

It is hard for bitcoin to recored new ATH in this short time so bitcoin price can not be repeated every 4 years.

In November the 12nd, 2017, the price of a single Bitcoin was $5585. In December, it peaked at almost $20000.

Today is November the 9th, why do you think it is so hard for bitcoin to break the ATH, being the price at this moment over $15000?

On the other hand, "History always repeats itself" is quite a popular sentence, but it's also known that "Past performance does not guarantee future results"...

Anyway, I wish we maintain the 3 years pace and break it next month (or this one, why not?)

Husires

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If you mean to repeat what happened, Bitcoin has broken its maximum peak at the end of the year 2016, rising above $ 1000, which means that the price must break the $ 20,000 barrier in the coming months to repeat what happened in the past.

It is hard for bitcoin to recored new ATH in this short time so bitcoin price can not be repeated every 4 years.

ultrloa

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Quote from: Sayeds56 on November 08, 2020, 09:24:15 AM

History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.

Who knows but let see seems there are so many good happenings right now and positively it brings hype that's why we see some good price pump these days, so best to watch and get in position to earn these days since for sure there are more pump coming ahead since the current flow is promising and might we can see some good action in the market in the next months.

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Quote from: Sayeds56 on November 08, 2020, 09:24:15 AM

History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.

We can't do anything with that but to wait until it comes by surprise. End of 2020 or not, we have all the same hope that there will be another all-time high but it's very unknown and we can't guess when it will happen until it finally happens.
If it breaks 2017's ATH by the end of this year, then it's selling time. But if something like that didn't happened, we'll just continue our lives and keep holding. The news are becoming positive because of the adoption coming from prominent companies and that will create the positive outlook that ATH is imminent.

hahay

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If you realize history will repeat then it's enough for us to prepare for that moment, but if it's before the end of the year I'm personally not sure. I wonder if you have bought and hold bitcoin so far because the worry is no proper preparation to enter the bull market, so far very real changes have occurred even in times of crisis and difficulty due to the pandemic, so there is no doubt because however history will definitely repeat and of course with new higher records.

Sayeds56

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Quote from: bL4nkcode on November 08, 2020, 10:18:10 AM

Quote from: Sayeds56 on November 08, 2020, 09:24:15 AM

History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.

Who knows? Bitcoin might be or not for the year 2020, but that doesn't mean it will not increase next year or in the next next year or so.

Even we didn't say "history always repeat itself" bitcoin will always be since it was designed as a limited resource and with the law of supply and demand, we can assume it will tank high in more years to come. The only question is when.

Well said! BTC was designed to work as hedge against inflation that is why its maximum supply can never go beyond 21 Million. We will see BTC flying to moon in the years to come, I have no doubt about it.

bL4nkcode

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Quote from: Sayeds56 on November 08, 2020, 09:24:15 AM

History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.

Who knows? Bitcoin might be or not for the year 2020, but that doesn't mean it will not increase next year or in the next next year or so.

Even we didn't say "history always repeat itself" bitcoin will always be since it was designed as a limited resource and with the law of supply and demand, we can assume it will tank high in more years to come. The only question is when.

hoaryal1

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Quote from: Sayeds56 on November 08, 2020, 09:24:15 AM

History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.

I really dont care, I just like what he is doing right now, enjoy this, sell some and keep lean back and enjoy this amazing time

sheenshane

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I think this should be posted on the Speculation board.

It could be yes or could be no, no really knows what will happen to the price of Bitcoin at the end of this year. Repeat the price itself was a long time rumor that will happen again. But I have a strong feeling that it will be, we had currently broken and resist the highest price in the market cap $15k last few days ago and I think $20k is very possible to happen.

Let's see and wait, people now are very optimistic that there's a new ATH will happen beyond $20k.

Sayeds56

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History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.

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