Bitcoin Forum

This is not a price speculation thread, but a call.

People should have a much more healthy approach to cryptocurrencies than "get rich quick" and should use bitcoin even if it was going to take 100 years (or eternity) to break ATH again.

Only then the whole system makes sense, otherwise, even if Bitcoin was not meant to be a Ponzi Scheme and obviously is not a Ponzi Scheme, it is actually approached by many "investors" as Ponzi Scheme and they hope to be at the top of it. That is simply wrong.

If different crypto news stopped speculating about the price all the time it would be beneficial for the quality of the whole crypto sphere.
If people stopped being obsessed by the price, it would be good too.

This is an honest call to everyone to start treating this great invention as it's meant to be - digital money. Including crypto news websites and youtubers who think that putting higher expected bitcoin price in the title will bring more clicks (and sadly, it usually does).

One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.

You have a point, however as soon as something is allowed to be traded without a restriction then this is bound to happen especially when it is something as special as bitcoin.

The law of supply and demand will always impose itself, bitcoin is scarce and it is without a doubt a groundbreaking invention so no matter what we say speculation is going to be wild for decades to come, if the tulip mania could reach such heights in the XVII century when the bulbs of tulips that were being traded were completely useless then just imagine what can happen now when the technology behind the bubble is actually useful and we use all the financial tools available in the XXI century.

Smart people can see this and they are betting they can get in before it and capitalize on it, as much as you may hate it this is a valid strategy and it is a strategy which most likely will become successful, so it is pointless to try to combat something that for the most part is inevitable at this point.

what happen to your old thread?  Bitcoin will NEVER reach it's ATH anymore (https://bitcointalk.org/index.php?topic=5263662.0)

its all the same that you are saying here. you might just close this and continue posting to that threat. i believe you that it might not reach its all time high but you know time can tell what could happen in the end.  we shall see in the future what could happen. maybe or maybe not.

and yet you insist on making a "prediction"!

by your definition everything else in the world that mankind has ever invested in is a ponzi scheme.

discussing the rate of exchange that bitcoin has against fiat is not always obsession with price and it is not a bad thing.

newsflash: there are always some idiots who are trying to make money from anything that can make them money. that includes idiots on youtube and all those who created those websites. all of it is irrelevant to bitcoin and your title so far.

and yet i never saw why you made this topic and why you think price may never reach its ATH! it seems like you are the one who is obsessed with price specially when looking at your post history.

But if really that bitcoin would not get to its ATH, then what do we think cryptocurrency market will be like? Because bitcoin is the king of this market and it is expected to keep rising as it is decentralized which makes it volatile. For my view point, I expect it will get there and above with time.

News for you. Most of us who actually have a real opinion, and who really are invested in Bitcoin as an idea, and a way of life, we actually already know that. We know every day we are in Bitcoin that it can just as easily hit 100k as it can zero. It's highly unlikely, but we know it's not beyond the realm of what 's possible.

So we also know and are prepared for the event we never see ATH in our lifetime. Yet we continue using, talking, advocating, using. Using.

Perhaps you ought to preach to your inner self;)

Let them make their own decisions and move on as long as you know what is happening in the market you should not worry about the others. We in this forum don't bother to click a click bait video that says this and that which is kind of opposing or something triggering especially to those new sites making an article about Bitcoin. Those are the ones that are making a FUD, just stop right there and continue what you are doing. Seek for a reputable forum to know everything about of all the crypto currency especially this one.

I thought my mind is tricking me or something after I read the title, coz I know but I'm not sure that I already commented on this yet I didn't see my name and it was just posted NOW. Thank you for helping me calm lmao

It's a complete shit when you re-post or duplicated your own thread it's like punching yourself and asking why does it hurt. You did even just copy and paste your old thread. In case you don't know how to find your last topic posted, coz I believe and I hope that you do, just go to your profile look under the "additional information" and you'll see the link for your posted topics, no need to duplicate it, and if you don't mind read my comment on there  ;)

Speculation is a great part of crypto,  at lest this is what I have come to understand, people love to speculate on price of a project btc or not, i don't think there is anything wrong in it, it didn't stop btc any way to become the number 1 crypto and the most used, what is not so good is the high Speculation by some btc analysts and pioneers, I think some of the speculated are unrealistic, they should speculate.

According to many analysts it will either reach a new ATH or die. Bitcoin is not a technology that can remain healthy as an awkwward currency of nerds. It has to expand or if it doesn't expand it will be abandoned and taken over by a similar maybe more centralized cryptocurrency that will keep on growing.

Bitcoin will not go flat as a tradable asset. It will pump again or go down fast.

I expect it to be worth at least 50 thousand dollars in a few years or go down below 3000 as people move to something else.

People are really fan of listening on whats being thrown out from somewhere when it comes to news and predictions towards this crypto market.They do easily believe and build up some panic or doubts on what theyve been doing recently.

They do get easily distracted nor get discourage which is really a bad thing to have because no one can really predict out on what would happen into this market.Bitcoin might not reach its ATH anymore?

No one does have the crystal ball for them to say so.We know on how unpredictable the market is and its just not right to make up conclusions right away.

Only people who recently got into Bitcoin would even consider it as such. Even if some do consider it even though they've been in the scene for a long time, they also consider BTC as a digital currency, not only as an investment. Clickbait articles and Youtube titles? As you said, it's only "clickbait" and only those who consider BTC as a money-making machine would even click on it, and even if they do, it's not like they actually can make Bitcoin as such. And as much as some people like it or not, Bitcoin being a speculative asset right now is part of what makes it in the community.

There's also no need to actually obsess over it reaching an ATH or not, or whether we should talk about it or not. if you don't like such topics, avoid the speculation/trading discussion threads, that's it. If you want it to be a digital currency, then it is.

This is indeed a probability people should accept. There might be higher probability of a new ATH but it doesn't mean it would be the only option.
Though there are some good reasons for bitcoin to rise but there are plenty more that may hamper it's price. With new coins coming out plenty with better transaction speed and fees. Many people may move out of bitcoin to use the coin they prefer. This may lead bitcoin to maintain a price below ATH.

true but you have a very weird way of putting it which makes it look like a speculation still.
what you probably don't realize is that the percentage of bitcoiners that are obsessed with the price and have dreams of becoming rich by just having some bitcoin is very small. basically their percentage grows during bubbles and they simply go away when it bursts and the last bitcoin bubble busted 2 years ago which makes your statements also 2 years too late.

Every day a growing number of influencers will come up with a new ATH, not to forget the crypto media analysis. It has been three years now and every day there is someone who has a new theory or a prediction.

Those Individuals need to stop and if not need to rethink their strategy, speculating the price is neither helping Bitcoin nor promoting its adoption.

In my opinion only adoption can help Bitcoin reach new ATH.

As time goes by, people will get to use the price of Bitcoin.
You may be wrong for telling that Bitcoin might never create another new all-time-high, still, there are still some lot of people expecting it.
As you can see, when price of Bitcoin is extremely cheap, people don't have such interest on it.
But when we break before multiple all-time-high, a lot of people hoping in, because of "easy money" mindset of them.

The problem with your plea falls on greedy ears and it is not supported by most governments around the world. As long as governments around the world defines Bitcoin as a Commodity and not as a Currency, people will continue treating it as a Commodity. (like Forex currency investment tools)  >:(

The Lightning Network was also supposed to make it lightning fast and to make is better and faster than other electronic payment methods, but the Lightning Network is not getting real adoption or it is way too slow.

We need some spark to boost Bitcoin's use as a currency and that can only happen when a very popular platform starts excepting it as a currency or direct payment method.  ;)

People around there just like to spread FOMO, its a form of speculation. Maybe if everyone will write that btc 20k next month people will pump it. They are trying to control the market

There's a possibility that bitcoin might never reach new ATH but there's also a possibility that it can be reached. It's 50-50 btw, and no one knows what bitcoin will do next in the few hours, it might prove you wrong after creating this thread. The market of bitcoin is highly volatile, there's a chance that even analysis with good calculations can be wrong.

So let's keep in mind that no one can predict bitcoin's future. Actually we can predict the price as long as we're using AI or artificial neural networks, our current project have this and it has massive programming and have a lot of data just to predict a subject's value. But I guess the accuracy will be just around 70-80%.

You are right.Bitcoin might never again reach the 2017 ATH,but this won't stop the traders and speculators from being obsessed with the Bitcoin price all the time.
The high BTC price volatility and the future ups and downs of the Bitcoin price guarantees high profit margins from Bitcoin trading,so the crypto traders will always be focused in the Bitcoin price.
We can't stop the clickbait bullish predictors from doing their clickbait BS.All those clickbait bullish pseudo experts and fake crypto gurus will eventually "shoot themselves in the foot",because less and less people believe in their analysis and predictions.

The word might in your title is just a sign that you aren't sure with what you are saying ;).

I might agree with what you said regarding the approach of people regarding cryptocurrencies. It is the fault of those knowledgeable stupids. They are introducing cryptos in a wrong way that is why investors' approach in cryptos are wrong too.

Aside from that, I didn't give time to read the other parts of the post since I disagree with this. The word might in your title is a proof that you too aren't sure therefore you are just predicting too like what other investors are doing. :P

We could never be sure about it just like how Bitcoin was back in it's early stage or year no one would believe that it would reach $20K but it did.
So we could never know for sure how high could it be in the future and we couldn't also be so sure that it would always be high we also need to accept that the price of crypto could suddenly collapse and we have seen it so many times now.

Bitcoin reached its ATH on pure speculation, and the price right now is only 50% lower, so why wouldn't it reach the same level again with the same driving force? The odds aren't too bad, so making such a strong statement that it will "never" happen isn't very correct.

There's nothing inherently wrong with speculation, it's the mechanism of price discovery, and the more people speculate the more stable the price will get. Why should we force people to only view Bitcoin as a currency, if Bitcoin was created to grant people freedom to do with it whatever they want.

The future is not ours to exactly predicts, it all about how progress will
take place and bring the outcome of success.


The volatilities as long as still present to this market, the direction
still speculative, it's depends from
people who will use this cryptocurrency that will determine the future
of this market.
The more use case in the future, the more achievements that will take
place.

As a free market, it's very hard to keep the price-chasing people away from it. It's not very easy to abstain from entering a market that you know rose from literally nothing to an ATH of $20k in one decade. I think the price could again change drastically though, and the biggest and most prominent reason is supply and inflation rate.

Even if some people buy and sell BTC just to intake as much profit as possible, it's not like Bitcoin is the first to do so. Tesla has people who bought stocks just for speculation purposes and it does have a quite good price history as well.

Part of Bitcoin's price-discovery, is its volatility. With volatility, there will be traders. With the traders, there will be liqudity. With liqudity, it will be easier for you, and me, to exchange Bitcoin to fiat, and fiat to Bitcoin.

Plus if you want to use Bitcoin as digital money, OK. Who can stop/censor you? 8)

my point is, if the Bitcoin pizza guy (Laszlo Hanyecz) was fixated about the price, he wouldn't buy 2 pizzas for 10 000 BTC and he wouldn't make the first known BTC purchase.

If everyone just hodled and hoped it will go up, *IT WOULDN'T GO UP*. That's my point.

As the market demand keeps increasing surely the price will increase. The demand of bitcoin grows whereas the supply is limited. It is not like traditional currency that were printed on need following certain procedure. Based on this the to the limited supply when the need keeps rising automatically there will be growth. This can take it to new ath, but when this is gonna happen can't be predicted.

Reading this, I remember about so many speculations of the BTC price after halving this year. Well, that is why I do not pay attention on such speculation at all. This is only for increasing mood, but too hope is not good, specially for me myself. So, better not to listen or pay attention to them,.

I don't say all, but some people are still expecting like several years ago when the people could be rich overnight. In 2017-2018, we are sure that many people can be rich overnight by doing trading, with very high increase, the coins from ICO are increasing so legit. ANd many coins increased drastically in few periods.
But for now? it is a joke if thinking about getting rich quicly because eof this crypto easily. You may be rich quickly if you really know to do it, by daily trading is the ebst way. but, it is no instant. We must learn more how to be a good daily trader. Never hope too much about the ATH of BTC because of speculations. If we only trust in speculation, we will always feel bad of this because we don't meet our expectation. Beter to be reality and folow what market gives right now and take profits on it.

I don't want to disclose for any chances that we gonna hit back its ATH once again. I'm not really a very optimistic person but I keep believed a moment to come next year, another decade, there is no exact date. If we have that 2017 a very surprising bullish trend, it still has a chance to show it again.

It could be might, yeah, nothing gives assurance but the faith of the people isn't losing that bad and for sure people can wait even though it takes years (as I've said) decade because they could understand how Bitcoin will work and the factors that could affect it.

Maybe it's wrong if I treat Bitcoin as a digital asset, because from the very beginning Bitcoin was created as digital money.
And indeed if used as digital money it will be healthier for the future of Bitcoin. But it is also not prohibited to make Bitcoin
as a digital asset, so if I am able to bear the risk, it doesn't matter in my opinion. For me the price of Bitcoin is volatile, is
a big opportunity to hope to get big profits. Bitcoin may never touch ATH prices again, but there is always something another
possibility is that Bitcoin can reach new ATH. Now it depends on each of your choices, because everyone has freedom to choose.

We don't have to talk about millions or 100k for Bitcoin when mentioning ATH. As a matter of fact, if Bitcoin went back to 20k it would already be at its ATH and the condition OP is talking about would be met. I'm pretty sure we will touch 20k again. If it ends up being rejected, so be it, but it's important to tell those naysayers that it's very probable. I'd give it about 90% probability that within the next 2 years we'll attack 20k.

The price of bitcoin is highly unpredictable. At the beginning of 2017, no one could have imagined that within a year, its value would reach around 20k. At that time it was much cheaper than it is now. So it is not accurate to say that bitcoin will not reach its former height again. It depends entirely on its popularity, the number of users, and the various positive steps that are taken.

I like your statement here. In my opinion, as long as there's tomorrow, there's hope for bitcoin.
Bitcoin may never touch the previous ATH, because it will create a new ATH.
But as the OP is promoting a platform in creating your coin to monetize it (mintme.com), I guess he also believes in bitcoin.
Its capability to reach its potential in the future.
There are many speculators around, they maybe not looking at reality but they give life to the crypto community.
As a crypto user, you should know your boundaries and how to look at things objectively. 

I firmly support this post! Bitcoin as you have just said is not a make-money-quick scheme. I've told many people about bitcoin, and whenever I do, I make them understand that bitcoin's uniqueness is not in its price but it's ability to be anonymous, it's limitless ability, the decentralization, the transaction speed (especially when making transactions across borders). The earlier people remember this, the better for all cryptocurrencies and enthusiasts.

Bitcoin may reach its all time high and make another ath but the problem is there are a lot of investors and traders who do not manage their expectation very well. They keep telling just "hold because of the price will go to the moon" it is funny and there is also a bit sad because they have wrong mentality where they think becoming get rich quickly. By avoiding it, we can focus on the general market trend and we can have a good analysis that we can use in the present time.

The people that is speculating about the ATH of BTCitcoin are people that are jumping on the oppurtunity to advertise their content as specified by OP, this is quiet understandable because there are a lot of people who are stubborn and some of them do not appreciate the worth, they just see it as a quick buck machine which is understandable because in this day and age, many people are suffering in poverty and those that discovered this tends to see it as their lifeline which is kind of sad because most of them are investing all that they have because they got hyped up by this content creator. To prevent this kind of mass hype, you first need to take the words of people on the Internet with a grain of salt, never jump the bandwagon.

Never say never, but expect it to take longer every time, and you'll probably hit it.

Well, that is, if the thing your are measuring value with, doesn't collapse on its own...

Perhaps you could measure it with, cans of tuna, or something more reliable than fiat currency...

I like how bitcoin isn't moving up much slowly recently. The slower it moves, the better. big movements only lead to big corrections.

Call it "sideways" if you like, i like sideways, means maturity.

Yes, There is a possibility for Bitcoin to never reach the all ATH at 2017. But, the chance is smaller than you can think because this year after halving many investors were expecting to see bitcoin at under 8K and a year after halving (at 2021) usually we we the highest price after each cycle of the having. So, in my own idea the bull run after having is not even started yet. However, this cycle is not similar to the other previous cycles because of the economic crisis we are facing to, so everything is possible during this cycle.

no offense but I almost agree on every point  and how you break it down.

things can't be done right or wrong, every person have his vision his way his rules, what is the good or right thing from your prospective can be wrong from another angle.
but it is always good to share your opinion trying to fix the market from your point of view, good to have the courage to try.

Maybe this topic is not in a good timing, bitcoin is bullish now, it has breached the $10k mark already, and slowly it's building a FOMO.

Again, we are in the situation where bitcoin will try to break the heavy resistance, if it can do it, then expect a possible FOMO and the timing was really good as we might end up this year with a new ATH in case that would happen. I have no doubt with bitcoin now because looking at the global market, crypto stands out against the stocks and this should be seen as a positive news for us and be bullish expecting bitcoin could potentially surprise us again.

The price of bitcoin does matter for holders, though it is created to be an alternative for fiat currency, we cant expect everyone to use it mainly as digital currency since some of us buy or the main purpose of owning bitcoin is to make money. The volatility is good because that's how we can earn from it but saying that it wont reach the last ath again has no certainty, the market is unpredictable so we really cant say.

I thought the breakout will happen in the Q4 of the year.
Now that the price keeps going up, the Defi projects are also dipping, I think this is how the pumping will arrive to its ATH again. Once the pumping stops the Defi will once again rise up, this will seem to be an endless pumping. It will reach its ATH in time. There is just time to wait before it reaches there.

ATH bitcoin is indeed very high when viewed from current prices, but I am not sure that there is no chance to reach a new ATH. Well, for now, I also don't want to think about this, because we can see the real opportunity at the end of this year. if the price of bitcoin can reach $ 16k, then the opportunity for a new ATH will be reborn.

You can't either stop people to be bullish in mind, though the reality isn't it and they are actually wrong but that it gives them encouragement. Maybe a lot of people think differently and we can't have them all to think the same (bearish minds, better to be bullish instead).

I consider myself being a bullish person but not that much to think about $100k, $500k, or more...I was looking for another $20k, maybe it wasn't bad at all and besides, it is near to reality than those I've mentioned above.

Recently, we have a breakthrough at $10k, and the good thing is that it keeps that level until now. I'm not sure will be the start for Bullrun but I was then very optimistic to see it in awhile once again.

It simply doesn't matter how much it will be worth, as long as it replaces global finances or at least becomes sane alternative to them

Nothing bad in dreaming big dream tho.
I think with volume money is printing nowadays Bitcoin can easily reach 1 million USD but then it won't be as much as you feel it is today.
This is big catch here :D, anyway, Bitcoin is for holding value, its great.

Right now, we see the new ATH for bitcoin price because the price can reach $11k, and we will see another high price, and that could be the next new ATH. Who knows that the price can still have more power to go up, but we must be careful because the correction will come after the price reaches the high price. People need to get out for a while if the correction so they can buy back bitcoin again at a low price.

Don't be pessimistic about the price of Bitcoin, moreover have the assumption that Bitcoin might never reach all time high again.
Don't have negative thoughts like that, right now the price of Bitcoin is back to $ 10,900. This means that the Bitcoin price is
just a little back to the all time high price, there is even a possibility that it will reach new all time high. We just need to be
patient and from now on continue to collect as much Bitcoin as possible.

Actually we were expecting a similar spike in mid-May, when the block reward halving kicked in. For some unknown reason, the block reward halving didn't resulted in any spike back then. A number of reasons were given, such as the impact from the ongoing COVID 19 pandemic. But now I guess the impact of the block reward halving is starting to be felt at the market. And I hope that the current trend will continue for the next few months.

Betcha op was not feeling the bull run that just washed over us. But not to derail into price discussion (too effortless), It's easy to overlook the good aspects of btc, it will ALWAYS have use, even if you yourself have stopped using it or perceive it as non important, it just means it has evolved. Personally I don't think I'll never not have use for bitcoin in my life. Even if it doesn't go to ATH again, I'll still partake in the ecosystem.

Bitcoin might reach ATH only if each country prints more fiat money and distribute them to locals. Without new or fresh money ATH is not reachable. Part of the World population tries to save themselves from covid-19 and economical crisys, others simply saving their asses. Bitcoin and cryptocurrency so far is not the object of prime necessity.

In 2017 crypto was hyped with ICO, not DeFi is trying to do the same. But not really succeeding in it. ICO used each and every crypto dev, but DeFi is not having such reputation and demand so far.

But at that time, everything was changed, and the situations are not looks as what we want. Covid-19 is one of many reasons why the spike does not happen in those months, so the price still moves as what we saw. But this end of this month, bitcoin give a good move and makes the price have a chance to break $10k, even the price can be able to break $11k. But we will see another correction before the price can increase again, and seems, the correction is already coming. The current trend will continue in the next months, and we will have a chance to buy more bitcoin.

How could you be so sure about it we don't even know how much it could grow in the future.
We couldn't be so sure about it because the market could always go up or down anytime so we could never know if it would or even go over it's ATH.
You don't call this a price speculation but you are speculating the price of Bitcoin by saying that it might never reach it's ATH again.

Most of the cryptocurrency scam schemes are comprised of paraphrase: "get rich quick", "earn as much as" and more. It is easy to do it with cryptocurrency mainly because most of the people didn't really know all about crypto, so with the curiosity, they might follow these scammers instruction seeing that these people looks knowledge for what they are doing but in fact, performing tricks to victims already. So without knowledge to crypto, it is hard to increase adoption because of this risk of getting hacked.

If we want to increase bitcoin adoption, we should be straight to the point, to attract people by teaching how to use bitcoin, and not as a quick rich scheme.

Im not sure about the price, but I'm sure about it's use case. It was clearly written in Satoshi whitepaper and while obviously price speculation is part of it, it is not main part of it. And we should do the same if we want Bitcoin to succeed, make sure we of course look at price, but we don't focus only on it.

Nope, it won't be any good. A major part of the excitement around Bitcoin is even the speculation of where price will move to at any point in time. Remove this speculation and you will have successfully killed that excitement. Come to think of it, price speculation is what drives any business. Bitcoin is a business (whether we like that tag or not) and price speculation is in order. Is there any businessman or woman who goes into a business venture without factoring in the risk involved? Here, risk is equated as gain. And gain is derived from price. It's that simplified.

There is a lesser chance that it could not hit iits all time high because we do not really know its capability when the demand for bitcoin could not be measured. All Time High could be determine only if all the its potential users invest to it and it will reach the maximum market price that can never be beaten. The 2017 ATH is not really the ATH for me because it can be easily beaten if all the potential users will going invest all in at the same period.

Since you've mentioned capability, so maybe there are still chances that bitcoin can still reach another ATH. Also, bitcoin price value have already surged again recently and reach the $11k mark, and I'm looking forward that this month, it can reach the $12k mark.

Bitcoin Statistic Hit A New High, BTC Surged 3.5x (https://www.forbes.com/sites/youngjoseph/2020/07/30/bitcoin-statistic-hit-new-high/#2fa9e8614af6)

Imagine if the bitcoin rallied again with a 250% uptrend that happened last year? Can we still say that it has a lesser chance for reach its new ATH?

The word "might" is simply the answer.
Bottomline is lack of assurance. No one really knows what could happen given how unpredictable the market is, in the first place so what more on its "content", referring to cryptos not only bitcoin.

Going back, Bitcoin's ATH is indeed far from its market value at this moment. Recently, there is an observable uprise movement in its price which lifted the hopes of the majority that its market price will again reach or even surpass is ATH, and there are people who are anticipating a sudden dump in its value, ofcourse planning to invest at a certain point, relating to what OP have mentioned-- this is already an speculation, regarding with the market value behavior to be more specific.

One could look at the future as something positive, and one could be pessimistic about it. The thing is that, no one has that assurance.

Speculating the prices has its pros and cons but I see it as good thing until the crypto market reaches some kind of adoption in the whole world economy because we are not yet up to the level to take into consideration.Currently the speculation is bringing the more people into the market if people don't really care about the prices we may not see such a huge bump in real short time.

people rush into anything that will give more value than normal rate, it is like Dopamine addiction. instant money and richness level varies between people. some can see that level is enough and decide to sell even if they reach the desired level of profit that can make them rich enough, and avoiding to lose this, some can reach that level and get greedy even although that they don't know how they earned this and didn't lose expecting to not lose more.

this depends on each character each case and each market and media speaking about the crypto level.

The long pump is not because of the speculators joining in the pump, it occurs because of the shorts being liquidated by the margin trading exchanges and when this happens it creates more buying pressure in the market and hence the price goes up. Only people are calling longs now on every price point which is escalating the price movements now and once these calls will be put on halt that's when we will see the selling pressure and ultimately there will be a big fall in price of bitcoin.

the hidden hand theory, I don't think so, most of these pumps up and down are random, no matter how they can affect the market, it can't be always the reason at least not the only reason.

the crypto world is much harder to control than world finance which also a lot of people think it is being controlled by a small group. the crypto market can't be the same, it has very different rules to play in.

I think it is going to reach more than $20k by the end of the year, a new bubble? i don't think so, if it would reach another bubble, it would have reached it during the pandemic peak. now it is a normal increasing time.

but still, if people have no trends, and some media adopted the case of increasing to the price again it will make a huge jump and people will be thinking that we missed the previous bubble we need to buy now.
if this scenario happens it will be a mess and will go above 20k and even 50k

Maybe he is also trying to "reverse psychology" the situation that most of the people nowadays are focusin in bitcoin as a quick rich scheme, and posting too "hyped" statements that could turn out to not happen as predicted which wasted many speculations. I can see, there's no problem here actually. There are two types of person, those who start doing things on their own by buying bitcoins and promoting it genuinely, and those who just talk and predict price without any reasons. If we were to choose between these, ATH could be achieve by truly understanding bitcoin's value and not thinking about it as a quick reach scheme by speculating too much about its price.

Pessimistic as it sounds but that's a natural call because it is his speculation, "you cannot control how people treat cryptocurrency", you just said it so I guess whatever it sounds to you, you just need to walk pass on it. Bitcoin has been showing good movement from the past weeks, though we got a quite pullback from the price I still believe that we are going to get  $13000 mark before this month ends. Talking about the ATH, if we are going to reach that far it will be a very different one, not a single click boom from what we have seen last 2017. Dramatically different as they say, but it's possible still.

Hi, I agree that there should be a healthier approach to cryptocurrency, but claiming that Bitcoin can never reach ATH again is also not consistent with a healthy approach. People are just people - the search for freebies and quick money is one of the main goals of most of the people. Many people just love the process. People have a lot of "should", but usually it turns out as it turns out. If people did everything they were obliged to do, paradise would reign on earth, but paradise is in a completely different place ... Of course, this is a great invention, but unfortunately, ordinary swindlers attach themselves to everything great and spoil everything positive. I am also tired of talkers who are incessantly screaming at every corner about the price of Bitcoin at 100,000, 1,000,000 ... dollars, but again, the best of us will certainly figure out where the windbag is, and where the essence is, and will give this "great "The invention is more attractive and useful than the manipulators and useless talkers.

I think talking about the price of Bitcoin is interesting, moreover providing predictions about the price of Bitcoin.
For some people consider that is not healthy, there may be a truth. Because many people are affected and will buy
Bitcoin in large quantities at high prices. Because their hope Bitcoin will reach ATH in the near future, even though
there is no certainty when Bitcoin will reach ATH again.

Some people just enjoy spreading such negative news in the space, if you dont have any business with bitcoin why join the forum? but sadly most people that enjoy such herald already have good amount of bitcoin in a wallet before spending the energy and time here, it is mere distraction and wish moderator control such spam topics,to that extent of opening 2 thread with same topic. This are thread that will be locked when the full bull market resumes.

The valuation of bitcoin and world wide adoption are two different things, it is a known fact that big financial houses are investing pretty heavily into bitcoin and it is more evident with the valuation, when ever there is a minor correction you see the price jumping up again which indicates that there are billion flowing into bitcoin knowing that we will see a rally and with the global financial system struggling to cope with the pandemic cryptocurrency market is gaining momentum.

I guess the traditional investment market also growing now so this rally is not only in cryptos but it is good to see the bullish trend bank in the crypto market and if the trend follows for long time then it will create considerable effect on the financial market and also among the new investors.

Honestly, it is Bitcoin's price that draw people into it.

Still people in Twitter and other social media are certainly looking desperate to shill their bags and the way they promote Bitcoin is actually having opposite effects.
Bitcoin does not need the Bitconnect Ponzi promoters as influencers and it seems a lot of influencers are just having similar strategy.

Bitcoin's price is speaking on its own. Once and if it makes a new ATH it is the price that will be making the talk. Noone actually cares to buy if a few twitter accounts with paid followers are shilling Bitcoin 24/7. The price will make headlines again and this will create interest. The rest are individuals trying to make themselves known.

everyone is free to talk and speculate, you also do things that invite people to think what you think, but you don't want people to be free to think what they think, it's true that most of them often write about price speculation that doesn't enter sense but believe that bitcoin always has a surprise for the price, have you ever suffered a big loss so you made this thread

Yes it is true that bitcoin market value is unpredictable. This is why there are so many speculations with the different basis on how they make the speculations. But only few guess will be right and it is hard also to guess it correctly. However what really matter is about bitcoin that really done good and slowly recover or even it surpasses the previous market value after the ATH. BTC reach to almost 10k-12K usd but it rarely happen because bitcoin could hary stretch to 12k usd above in terms of its market value.

Still sounds like a speculation tho.
Alot of people jump into crypto for the wrong reasons,most of them think it's a "it's a get rich quick" stuff as you mentioned, but we won't blame them, because that's what the media normally publicize, and about bitcoin breaking its ATH price I think this will only happen when more countries starts adopting/legalizing it.

Seems like everyday there's always a new analyst who would come up with a new ATH price for Bitcoin, LOL,these are some of the things that make people think crypto is a "get rich quick" scheme.

bitcoin ATH will keep rising, it is very near to the gold market, we keep saying it is never going to be more expensive, but it just keeps going higher and higher.
yes sometimes it is getting a bit cheaper other times it gets stable and then it keeps going up again.

for long term investment, I think BTC is going to get more and more expensive, but the issue will be if there is an alternative to replace the BTC and this would be very hard to find

Bitcoin really shows a progressive price these days and even other people predicted it might never reach ath there’s still some optimistic about it. We cannot halt them for those desperate people talking about bitcoin and treated it as Ponzi scheme. Others lurking around about bitcoin that gives a negative impact there’s a possibility it will reach the all time high again.

Just because someone said that bitcoin won't reach the ATH again, it doesn't mean that it wouldn't reach the ATH anymore in the future, maybe the person was crazy for getting attention and he said that comment just in order to gain some attention or there can be many reasons behind his statement. But as more and more people are joining the bitcoin buying spree we can actually see the bitcoin price skyrocket one more time in the future and this time it will most probably reach the ATH and more than $25k should be the next target after breaching the previous high of $20k.

It will never be digital money.

It will be and is digital wealth storage.

Much like a 30 year treasury bill in the amount of 10k usd or more.

It is fairly secure from theft or loss and is easy to move from country to country.

LTC and Doge are far better to be used as smaller transactional 'money' digital coins.

It is not much more complicated than that statement I just typed and bolded.

That said it is pretty nice to be able to send 10,000 , 20,000 , 50,000, 100,000 quickly, safely and to any place with internet access.

a great realistic brief describing the situation in a very objective way.
but, it is also can be replaced by new technologies.
we don't know what will be important in 30 years to judge that, maybe we will be back to ancient ways or replace the whole currencies systems with a very simple points system to be used in the whole world replacing all Fiat and cryptocurrencies. at least I hope so :D

Basically, the possibility of Bitcoin getting ATH is very big. We know that the halving years made Bitcoin mining even more difficult. And we know that mining costs are not small. I am sure that going forward, with Bitcoin being difficult to mine, it will make changes to the interest and price of BTC.
But, don't easily believe this theory. Because everyone has a different view.  8)

exactly, the problem is we always tend to believe what we want to happen, ignoring the other side of view. if you want to really know and understand what is going to happen (which is almost impossible because you won't have the time and resources or access to analyze every small side will be affecting the market)

so, no matter how strong are the signs that it will go up or down you need to be sure that there is always another side of the story, another side of the coin, which can be flipped anytime, and then you would have nothing.

in the same time, you need to prepare and accepting such facts to know if you are truly able to take such shock or won't be able to survive it.

thats also a turn off to some people if they found out that difficulty increases to btc and they will stop supporting btc   but that was only on the mining side.  there are still many ways to get btc easily so the potential for the btc to reach its all time high is still there .

 listen mate the difficulty problems you explained above caused by halving is not a theory but its a fact and its also true that experts and lost of users believe that price will skyrocket after the halving  .

Difficulty is not seems the issue since it never been talk in any articles since provably investors and real supporters knows on how they can yield their investment on the top crypto in the world. But try to see the current status of bitcoins right now the price is slowly rising up since it creates a hype after the halving and already it gain trust since even if there's a crisis the price still pumping up and for sure investors loves to see that.

Bitcoin will get ATH this year or next year. Before bitcoin prices can get a high peak, people will see how strong bitcoin at the market and try to buy bitcoin before it's too late. Every year bitcoin prices fluctuate, and the halving makes the reward reduced, which can trigger the price to increase significantly in the future. We will see how high bitcoin price will be in the future, but meantime, we can prepare ourselves by having many bitcoin from now on.

     You know what, you are absolutely right. I really couldn't agree more. But the thing is, even if we ourselves do it, not everyone would be able to see this post. And not even everyone in all the people who would get to read this would even consider the idea since obviously, greed will overpower them or get the best of them. Well, if people explaining things like this would work, it would have worked. A long time ago already since i have seen countless people who had expressed almost the same thought. Sadly, in reality this isn't just possible to happen.

Basically if we search for the pattern, you will found out that the all time high occurs 1 year after the halving occurs. This just my speculation and this is no 100% true, this just based on my thoughts and thinking. Maybe in 2021, bitcoin's price will soon goes up like another ATH but it still depends on the factor that will affect its price.

But we should not rely on that information, as bitcoin is very volatile and as we are patient, we should always keep our mind on track in the market so that we are ready when its price suddenly moves.

One point is that particular halving, the difficulty of getting bitcoin from the mining industry.

While it's difficult to mine with more  people start to gain interest, there's positive reactions that will take.

And yes, don't take any words but instead deal with your research and decide base from how you understand the potentials.

from this point, halving is a great reason for increasing the price, but if you think about the pandemic and how everyone was expecting to happen in the crypto world in such particular situation when we can't access fiat without making hands dirty

there are a lot of factors no normal human brain can analyze it all together to decide or be 100% sure about the future of BTC

what we can do is only predicting with a small percentage of knowledge and relying on luck more (we prefer to call it calculated risk)

People yearn to hear sweet news and that has also attracted many people to join the crypto industry. Obviously not everyone is interested in crypto or specifically bitcoin in the long term basis. It is clear that some individuals  got into into crypto expecting a 'get rich quick event' but just like the OP stated, bitcoin is not a ponzi scheme as some people on the outside assume it to be.

Right!We have a different view regarding bitcoins value and for me,the other reason why there is a huge possibility for  another bitcoin ATH in a near future is the limited supply of bitcoin and other percentage of it is not usable because either it was lost or forgotten to someone wallet and just stay in the air.

I agree that bitcoin holders should applied decorum in handling Bitcoin. The cryptocurrency market is speculative in nature and anything can happen in such market situation. The ATH for bitcoin was December 2017 when it touches $20,000 USD and today we have touched $12,000 or there about. It is still possible that we hit the 2017 mark very soon.

Mining difficulty will keep on popping up, but one who can afford to make a big farm and generate the highest hash can generate/mine good sum of cryptocurrencies yielding good revenue. As far concerned compared to the days of bitcoin reaching the peak, now we've got high number of people getting into mining. Halving and the entry of more people into mining too increase the difficulty for small mining farms.

People are already doing this. Because at every price in the market, someone will definitely buy BTC. The people depending on ATH price are a few who are in a class of investors different from the majority of people getting into cryptocurrency.

I agree with you but I can't blame others also especially the traders, short term and long term investors if they using bitcoin as a way to earn a decent profit. The investors
are taking advantage only the vulnerability of bitcoin price as they were able to profit from it especially if they were able to buy it low and sell high.

Don't blame them also if they are aiming that high like new ATH record of bitcoin in every bull season because that is the only way for them to earn a profit. And for those too
much hype like 1m usd in just a year, just ignore them as I am not so sure whether they are being paid to spread that hype or not.

I highly think that the volatility of Bitcoin is what drove people to practice this treatment to the price of Bitcoin when investing and trading.

the first jump was mostly caused by non-crypto guys who saw a big small jump and kept buying in BTC and by that time most known coin was BTC and yet it is but it is not the best solution too, but the new ones in the market only know it, this can be repeated, and if it gets repeated will be higher than before, but it has a lower chance, I expected it to rise during a pandemic but instead, people went for gold as usual.

the point is we will never know because it is the biggest use that it is placed on all changes, and high market cap and thousands of different wallets, and now ATMs.

the difference is now bitcoin shares all its fame and integrations with thousands of altcoins it is weaker than before. and harder to reach but still possible, who knows?

non-crypto guys are the whole world except crypto guys, the world is seeking for better investment/source of money every day, 99% at least are excluding monks ;)
but in general, the more people dive into crypto world the more market cap the more buy/sell and faster sell for us

they lose we win till they become apart of the crypto world or just lose it all and leave with bare hands

It's kind of an instinct, people always tries to getting getting rich as quickly as possible. That's why they take risk, invest in ponzi scheme and gamble. Investing, without knowing enough about the BTC is nothing but gambling. At the time BTC was it ATH lots of people invested it thinking it just an way of earning quick money. Now when the price drops max of them lost their hope and ended up selling at low loosing. There is always a risk involve in BTC trading as well as chance of high profit, knowledge will boost up confidence among the traders and false speculation will only bring gambler in the market.

This trend is going to continue in the future as well, a lot of people still don't have any idea what blockchain is and what are its uses, even people in the finance sector don't know much about blockchain but this kind of knowledge should be encouraged now as the future is already being built on blockchain and many big companies are having blockchain research going on. Bitcoin is still in the early adaption phase where a lot of innovation is going to happen in the future and I am sure bitcoin is going to reach an ATH again in the coming future.
A lot of people go into fear after watching the price take a small tible in a pump phase and sell their holdings, but mostly it is a false alarm and the price still continues to go up. My advice, just hold your bitcoins and never look at the price before the year 2030, then you will see how much bitcoin appreciates over time.

We couldn't be so sure about it I mean just look at what price it is right now we only need less than $9k to reach the ATH.
And nobody expects it to reach it's current ATH back then nobody knows how much this crypto could worth in the future so I wouldn't say that we might never reach it's ATH anymore,
Because we have been seeing a good climb ever since it fall down to $4k or $6K if I am not mistaken.

we can't be 100% sure if it is going to reach ATH or not, but by analyzing what happened back then and comparing it to current events, we are in 2020 have much more projects based on the blockchain, more exchanges, more integration, more market cap.

but, the main reason that BTC have reached this ATH back then was the trend, everyone was speaking about it and almost everyone thought about buying some (for no reason just to sell it and earn) this gives a false value to the coin because the people who are holding it are willing to sell massively in huge numbers once they feel danger.

and this is what happened, they sold when they felt danger, and you see how bad was the drop.

will this be repeated?
according to my expectations, I don't think so. the whole world already knows about BTC and a lot of people learned that it is risky and not all the time going up as gold because simply there is no value in the BTC it is just being used for holding virtual money to donate, supply or fund projects and other coins, but it is not having a problem to solve anymore, it was the best, oldest and first solution. but now Altcoins are taking charge

exactly, imagine if the whales decided to invest in gold instead of BTC, this will have a huge impact on the whole market, not only BTC, actually it affects altcoins and harms it more than BTC.

but risk = profit, the more risk you take the more potential profit you gain.

We could say that they have such influence on the market and they can able to manipulate the situation but we don't even wonder why they never left crypto instead of going back to stock market investment? It is because they love crypto and that we called manipulation is only has a slim chance that could make a bullish or even bearish market trend.

(Maybe) We can't either see another ATH again but it is not the most important to us. What we are looking for now is to have a sustainable market demand and adoption. Bullish will come momentarily even without the whale's participation.

tbh I think it will definitely reach ATH again. this will need some time till the market holders get changed and people a bit forget about the last ATH and how a lot have lost as much as many made profits.

history will always repeat itself, this is a fixed rule as the fact of death. both can't be denied

I don't think It will reach ATH again, not in near or far future, simply because in near future people still remember how it fall hard and in far future, there will be better solutions even if the blockchain is the futuristic way for economy and financials bitcoin will just remain as an honorable mention as simple as how the first lamb was created, it wasn't the best didn't stay for so long and many alternatives with a better efficiency came out.

You are not far from the truth @op, people are too concerned with price i guess it is part of crypto growth, both analysts and none analysts speculate about price, and this is also same with altcoins, even when you see a good project coming in blockchain you find interesting enough to follow, price speculators will come in and over shadow the development aspect, everyone will only concentrate on price talk and only few will be concerned with project growth.

I noticed that your topic resembles a prediction. It is possible to never achieve ATH again. How do you know that? Markets sometimes go up and down and when looking at the chart someone will predict it will go up or down. But over time it is more likely to go up than down for a variety of reasons. Especially when the politics is tense, the central banks print more money, the economy is in recession. They cannot let their money lose they will store them in a certain market. During the last recession Bitcoin rose, stocks went up, and gold rose. According to the current pace, your prediction could be wrong, man.

Bitcoin will reach to the new ATH and when it would happen is not sure. Though I am hoping that more sooner it happens much better for everyone who has being waiting for years now to see that price range which we all had seen in 2017 end. Good thing for now is that price is near about 12k range and constantly traying to stay above that but failing it. It is receiving good demand when price falls and test back again this range and once it clears this hurdle it will be near 13k price.

Bitcoin has seen its resistance around the 11,000 dollar mark and jsut recently broken the resistance and tested a yearly all time high of 12000 and even exceeded it. I can not for sure say it willl hit its all time high because speculations by whales did not afect the price of the mrket no matter hard they tried but lets just keep fingers crossed. hope for the better.

just as in real markets, whales are ruining the experiences and small newcomers assets and dreams, they can't control the market for their own good 100% but their tries and play around is hurting small investors really badly, I can't think of a way to get rid of such behavior even If I go for a coin with low max coins per person, it is the crypto world and they keep buying in different accounts I am sick of such toxic market and looking for a coin without these features, I may create my own coin
none can buy more than 10k $ or less than 500 $ so no whales will be in my market? this can help if I have some kind of verification like KYC and use for this coin idk a use :D

Bitcoin will do whatever it wants regardless of everyone's TA. To hodl or not to hodl, it'll be fine. Since we can't control bitcoin but bitcoin can Control us.

For some long term bitcoin holders reaching the bitcoin ATH is a very big deal since it will involve a very high profit to them. We all know it there are so many things happening in this world including this bitcoin thing, we already see bitcoin did it when it reaches its ATH in the market a lot of people in the community didn't really expect it to reach that high, a lot of investors sell their bitcoin in the process of reaching its ATH thinking that bitcoin will not pump, immediately losing hope in bitcoin when the market price dump in a month is probably the worst thing that you could do when the market pump again. The thing in the market is we never really know when it is going to happened its all depend on supply and demand, something could always go wrong having for example this pandemic. Investing in risky for people who think that bitcoin is not going to reach ATH anymore doesn't belong here.

So you want people to invest on bitcoin so that it can easily reach the all time high once again? Aren't "you" being the greedy one?
Statements like your are what discourages people from buying bitcoin. If the price is high, according to you, we shouldn't invest because that is "insane" price? Then how would you expect the price to increase further? How do you expect people to enter the market when the price is high?

I don't know what can change people's attitude to bitcoin than a decrease in volatility. This is exactly what people are waiting for. It is the stability in the price segment that will allow people to safely invest in bitcoin and not be afraid that tomorrow the price will fly into the negative.

There's nothing wrong with what particular range of time you invest, even they invested on a time where it is high, it's fine as long as BTC is still growing and they're gaining profit on it.

People's investment isn't the key to a new ATH, if you want to grow your own BTC, better do trading than forcing other people to adopt the usage of BTC for a new ATH. No one can predict when a new ATH will happen, well there's a lot of factors to consider but it's just minimal and prices are still unpredictable.

it is nearly impossible to reach another ATH because the actual value of BTC is not increasing, it is just an effect made by its holders, but now there are many coins and better alternatives, the only 3 features of btc, it was the first, it has the high market cap and how many people, and platforms accepting it. otherwise, any other coin will have a certain purpose, unlike the general BTC.

BTC is going to reach ATH this year it's going to be a high ATH almost doubling the current, before the end of this year.

none can prevent this, it is taking the same rules of gold increasing, whenever it goes up it never goes down back to old prices
have you ever seen bitcoin goes for under 1k $ again? it didn't and it won't.

next ATH will be 40-100k$ and people will keep using it and mining it more and more

We already know this.

Despite people actually looking forward to the good price changes in the future, the main one is that people could actually use it in the world, without having to rely on the USD price of it, so we don't need to convert our Bitcoin into fiat instead directly use it to buy or pay something.

You never knows what may happen on crypto market. Too hard to predict price even after month and you are talking about "ever"

you can, but not 100% correctly, you can learn, and be lucky to make your predictions more accurate. nothing impossible.
but you can say that it is almost impossible to make it 100% accurate.

The greed of people played a cruel joke on them. They didn't care about technology. They needed quick profits. They got what they deserved.

What if bitcoin has no values at all will you interested to use bitcoin? For sure you will say no right. its bring no profit at all to user. Who want to use that something doesnt bring a profit? no one. Peoples born with a greed in their heart.. no one in anywhere is so pure heart. So get real for now what ever they say speculation or not bitcoin is investment for the new future era of digital payment. Everything that has honey the bees will go there..

There are so many prediction regarding bitcoins value and new ATH but actually nobody knows if it will happen again or not and when. Only time can tell and let's just wait that time .  For now let us grab the good opportunity  this digital currency brought to us specially this time of pandemic.

Your conclusion speaks it all here. Bitcoin is like honey and it attracts its lovers. Not everybody loves bitcoin, so investing in it is a choice. Everybody wants a better life and investing in bitcoin isn't greed. Investment can be profitable or you lose too. Some lost when bitcoin got ATH.

This is logical, demands will always have positive effects on the price of Bitcoin, the market has started hitting up with #defi projects and we have seen how the recent spikes triggered the price of Bitcoin. We will see another all time high not because of human predictions but because of demand theory. Though we might not see it now but in future, so, the global adoption of this technology will definitely give another all time high IMO.

this is true, but it is one side of the coin, on the other side you can see a lot of fake demand, and how many people are being it for just saving their current stock of BTC from falling.

this is not the big picture you need to look from each point of view in order to be sure (almost sure) of what is going to happen or to predict if it is even possible or not.
emotional analysis is more harmful than being useful.

i also don't think that will help anyway if we can convince all newcomers to learn few things and pass exams this will not be possible to apply and if it could be applied will be only applied on altcoins, bitcoin will remain the uncontrollable messy coin of all time and it can reach ATH but when will it be the next time? none knows and we are all just predicting

Current price action is not that bad, there are still several scenarios where it can break out over the recent high which is also a high of long period. In this case the technicals strongly would suggest a new ATH. So currently I am not that pessimistic.

Among many improbable predictions concerning the price of Bitcoin, saying that it will never reach it's current ATH again seem to be the most improbable. It's a deflationary currency with real life use case as a store of value and still very early on its technology adoption curve. Since at this point other cryptocurrencies don't really try to replace bitcoin any more, but rather to explore other possibilities offered by blockchain technology, it seem safe to assume bitcoin would reach a new ATH sooner or later.

Infact a lot of people are not aware about the revolution behind the blockchain and digital currency. They  get in through trading and price discussion, and they perceive it to be so. It will take a long time before people begin to realize the essence of BTC and its usefulness as against get rich quick scheme.

Instead of thinking it in a negative way, i would chose to be optimistic that one of these days bitcoin will reach another ATH  again. I think it's not impossible because the current position of bitcoin is really good and it's gaining even more interest in the crowd especially when this pandemic has started.

Obviously may be higher in ATH, but it doesn't garrett that, is the only way in the market.this can lead to bitcoin to a higher price according to some resarcher either go down or remain up.
In marketing, two things involve, inflation time and deflation time no permanent price in bitcoin either go up or remain low.

I want to be optimistic about all these happenings with Bitcoin right now. There may not be an ATH that is the same with before but I would like to believe that there would be another one. Recent events had significantly affected cryptocurrencies in a positive way and for that I want to claim that this will be a prosperous year despite of pandemics and calamities.

I totally agree, and unlike you, I think this will make it higher at, the thing is in such pandemic when it is affecting the whole world it is hard to keep increasing and developing projects and investing, but bitcoin has remained high as well, but in a normal year, it would be an another ATH by this time, and also by the end of the pandemic everywhere every company will be seeking online solutions and this will let crypto thrive as it is much fewer fees to send and receive than fiat and more secure and have grown and matured during the past 4 years and thousands of projects based on the blockchain are now exist.

ATH of bitcoin can't be ascertain by anyone. I only trade, when I deemed it fit to trade. It's never a bad thing to imagine the price of bitcoin hitting above $50k once in a while. It do keeps someone's spirit about crypto more alive.
ATH of bitcoin will take effect someday, its better to queue in by following the flow of bitcoin price, so that ATH of the price of bitcoin won't surprising when it start happening

Many say that it is difficult to understand where bitcoin will go, I am convinced that if there are no major global finance problems, the possibility that bitcoin can overcome the previous ATH is high.  Let's finger cross

No, bitcoin could still reach higher price or another ATH that could break the record from the last ATH on 2017. It may take some time but at least it will because bitcoin were getting investors day after day. It may not going to move the price that fast but at least it had been improving since the market crash on 2018. That was 2 years ago where bitcoin recorded the 3k btc market price. Now that bitcoin experiencing 11500$ then it is already on halfway  that bitcoin could reach 20k$ or even more. There is a high chances of these that it will going to happen.

I’m very certain bitcoin will reach & significantly pass its ATH. Why wouldn’t it? We’re in unprecedented times, fiat currency is really struggling & money printing can only go on for so long. People are going to look for alternative assets to keep their money in & bitcoin is an attractive option.

Bitcoin is still holding its highest level this year and this is a positive start for Bitcoin to regrow, technically and supported from other fields if bitcoin can hit a new ATH, maybe later this year or early next year.

the question is what is the price beyond which you will not be able to hold and will cash out? there is co certanties in life but tendencies and probabilities. Chances for a new ATH price (till end of next year) is much more than 50/50.  i remember someone in a forum 9-10 yeas ago when BTC price was a few cents said that one day all you need to have to be wealthy would be 1 bitcoin. 99% of people laughed at it. I don't see something better than BTC on the horizen soon.

Maybe this current trend the price may reach the current ATH and create a new ATH. Right now we are in a uptrend where the price is gradually increasing, if the price managed to breakout in its 52 week high resistance, there is a chance that it can also surpass the multi year resistance and after that is the All time high. Everything is possible but make sure it is realistic and attainable if we will do speculation and prediction to the price of the bitcoin. Not only the bitcoin that is currently in uptrend, there are now a lot of altcoins that are also making a move and copying the movement of the bitcoin.

Not just that, but this conversation takes place at least once every couple months here, in reality only time will tell what will happen, speculation will only get us so far. We will lean towards our own biases which is hurtful to ourselves and others reading our messages.

The once recorded all time high of bitcoin which is almost twenty thousand dollars will definitely come but i don't see it coming anytime soon. The forces that are now aware of the blockchain technology and the bitcoin in particular are not ignorant towards the influence of  Bitcoin at its high and therefore it is been regulated.

We all hope for that, but if fiat is not struggling in my opinion, the problem it could be the global financial system, strong financial system make investors to buy more bitcoin!

Fiat is struggling.
Dollar is losing value versus almost everything :stocks bonds, gold, real estate.
When everything is in bubble there is only one reason to explain it: the meter your are using to measure those things is getting shorter and shorter.

 There is a nice read from a couple of years ago on why bitcoin is going to hit the ATH and still go up even further:
 
Winklevoss The Case for $500K Bitcoin (https://bitcointalk.org/index.php?topic=5272006.msg55082783#msg55082783)
Worth a read.

never say never :D

if none can guess if the BTC going to reach ATH or not, this is a simple question with yes and no, some will say yes and some will say no, this simply means some will be right as some will be wrong

but TBH none knows WHEN will it reach ATH, some can guess and be correct, but not based on evidence just by luck.

I think this is a great point - bitcoin is still a very attractive asset, fiat currencies still have all the flaws they always had (inflation, centralization etc.), and there isn't really any fundamental basis besides general unsubstantiated pessimism for thinking bitcoin's price won't continue to grow. Bitcoin is a deflationary currency designed with scarcity in mind - it's hard to envision a situation in which its price never reaches and surpasses the current ATH.

Today the price of bitcoin has crashed in a large level. The price drop happened slowly, and finally it has reached the value close to $10000. If the ongoing price movement is a correction we can make investment by now focusing the growth to take place within the next few months time or by the end days of the year.

Reaching the ATH value can happen anytime. We should be wise in predicting the market and trade. If our plan is to hold then we need to think of the ATH.

We may not be able to predict when it will reach ATH will it be this year or in coming years is unknown. But in long term it will break those records too and we have seen how it has moved from 10k to 12k itself shows that bounce back in bitcoin is very much possible and it will continue to happen.

Prior the ATH of 2017 it made a huge rally of ups and down. Bitcoin was able to reach high ups and deep downs to market price movement. However, in the end ATH was being recorded. Bitcoin market is unpredictable and others especially to those who are new may get worried or emotional on these to which it will result to losses just like what I did before the time I invested and made bitcoin a huge market price fall down to its lowest possible recorded on 2018. I was really upset that time and emotional leading to losses in my investment.

It is called a prediction for a reason.

Everyone has their own, you could do too and if we don't agree on that one, we could say what you're saying doesn't make any sense. I don't care whether people couldn't guess what will be the price of Bitcoin in the future or what they wanted to do with it, I put money into Bitcoin, I make adjustments based on the movements and indicators shown in the price charts.

no one knows the world future and the Bitcoin price too...
Bitcoin transactions and demand are not that big at the moment, this is the reason why the price of Bitcoin is still stagnant for now. in the next few decades, Bitcoin price will definitely rise dramatically and even create a new ATH.

A lot of users were skeptical like yo in the past... it will never be on $1000, then they say, it will never be on $10,000, and is totally normal to read comments about people saying it will never hit the ATH again, if that's the way you want to think, then it's fine, but you should think about what if you are wrong. Anything can happen with those crazy markets, just hold your popcorns and watch.

Right, no one can really stop you on making out those views yet everyone is just also a speculator.They cant just say that you're totally wrong because everything can happen.
The best thing to be done on these kind of circumstances is that we should utilize movements that would really be in result for profits or gains on us or shall we say we do take
advantage on it even though it might or might not able to reach its ATH anymore but at least we do still able to make up some step for us to make money.
If you are a long term supporter then you can always opt in for holding it without any tend of selling but we know that everything has a risk.

Hello to all. You can say anything - that Bitcoin may never reach its ATH again, that Bitcoin will go much higher. One thing is clear - only time will tell who is right. The only thing I am sure of is that when Bitcoin reaches new highs or new lows, it will happen against the opinion of the mainstream crowd and will be completely unexpected. It is unexpectedness and unpredictability that I like about Bitcoin.

that was a long but almost a correct, describing for the situation, we will never be able to predict the future of BTC with more than 10% of accuracy I think it is much lower and we can't know a lot of factors to understand and increase this percentage as we can't store and analyze that much of data in our small tiny brains

Currently, many people bought bitcoins at a very low price during the bitcoin downtrend of 2018, and many have bought bitcoin before. Bitcoin price increases, you have to perform profit-taking to ensure profit, before reaching 20k bitcoin will have to pass different prices. Everyone's mindset is to make more profits than buying, but Bitcoin can still hit the new ATH threshold because the future is unknown.

Of course, there is always a possibility for Bitcoin not to reach its ATH again. But I think it is not much possible that not seeing Bitcoin breaking a new record. Because it is the oldest cryptocurrency in the market and we have seen many records broken by Bitcoin. Because of being volatile, its price can fall sharply anytime. But in the end, I believe that it will recover, start climbing and reach a new record with a bull run. 

and saying that it will never reach its ATH anymore, is like giving up hope for the future of bitcoin. the possibility is endless in this life. so long humanity exists in this world, we have the chance to see it happen again! maybe not today or tomorrow but in the near future.
 i dont see the reason why people are pessimistic by stating that btc will not reach ATH, who knows, we will achieve a new ATH this time? btc has been here for more than a decade and already achieved a lot of things. as adoption is increasing, we will see that btc will conquer a lot of things that will change the lives of humanity

You are certainly very right! But if bitcoin is low in value, it won't be as successful as it is now, and it won't have that value. All the hype is raised by those who are very beneficial to the rise in the price of bitcoin. This means that they have a lot of coins and they earn even more.

We are all beneficial to the price increase.

That also means that we are also making ways to increase the price of Bitcoin because we unite on what to do when the price dropped, we reinvest. Most of the people here reinvest on Bitcoin whenever the price dropped, that is the reason why even if it falls so low, it will just spring right back up. That is the reason why despite the falls it did, it will just keep on going up.

" Bitcoin might never reach its ATH anymore" that's what I thought way back 2016 when I started embracing cryptocurrency in changing my life and it always prove me wrong. Bitcoin was able to fly at $20,000 way back 2017 which surprised me a lot because I was not expecting it to go that big, and I never doubted it since then.

Even though we're in the bear market for 2 years already, that doesn't mean bitcoin would not make another history. Remember, bitcoin that has to be mine is still on the process so it's imposible to conclude that it's gonna go down and down until it's reach the point where it won't have any price at all.

I don't think that it is that easy to get something replaces bitcoin, we would find something in the high trend time back in 2018 when we saw thousands of blockchain applications and how many alt coins has appeared there

all were trying to make a better alternative to take bitcoin down

but what I think is, to replace bitcoin it will be something not about blockchain it will be a new era of technology
none knows what will this be, but at this time bitcoin going to be useless or just a legacy as old money we keep as good memory

Yes, it is true.  There is still a chance to rise above 20k USD as long as there are big investors backing up BTC.  They don't want bitcoin to close or even die, until finally this condition forces them to keep providing livelihoods to miners so that transactions can continue to be processed.  Halving is the most key process in the BTC network.
The halving causes the miners to get less rewards, so big investors must immediately make price adjustments with the aim of keeping BTC exists.

this depends, big whales can make fack value and manipulate the market for years till they get all their money out of such investment safely or at least with low loses.
we will never have a solid understanding of what is going on by reading the news and watching bitcoin going up and down daily.

better to trade based on hope and pray it will go up and you are lucky enough to win some few bucks, as much as hard work you are going to do still going to have less than 1% of the enough/needed understanding of the whole world news that can affect the market

we will never know if the coming trend is going to be high or down, it depends on a lot of factors
hopefully, it is going to be a high trend and we will all gain profits :) be optimistic

Bitcoin could double in price, but if your currency loses half it's purchasing power, it's point-less.

Pricing Bitcoin in fiat is silly in these times - the money printers are hot. 1 BTC = 1 BTC - stack as many sats as you can.

Bitcoin will suck in all the world's fiat value, you just have to be patient.

It's not a conspiracy, it's math. All fiat currencies trend to zero from here. This entire system of trash is going to collapse.

Keep buying Bitcoin, eat well & keep fit - the next wave is coming. Dark times ahead, you want to be prepared.

Don't give your BTC away for shitty DeFi projects, hold your coins on a hardware wallet - chill.

If your friends want to protest about their corrupt government, tell them to buy Bitcoin.

Every dollar exited into Bitcoin, is power back to the people.

Being optimistic isnt bad towards bitcoin but you shouldnt really go the the level on where you do really believe that Fiat would end up zero? Even on my own dreams
this thing wont happen as long government do exist.They cant just let this thing happen.

People would still rely nor believe into a thing that they had been using or being dependent since they do able to have awareness about money.
Paper money or Fiat would be always the main deal.

Bitcoin is just an another option to take and i dont really believe that it will replace Fiat anytime soon. Alternative? Yes but No for mainstream.

People are very much into hype once they invested a big amount of money, we cannot stop them from doing this even whales are paying people to hype Bitcoin and coins they are supporting, on your assumption that Bitcoin will not reach an all-time high anymore it's up to you on what you believe but it's easy to beat the last all-time high and it could happen this year.

Yeah they aren't going to let it happen easy. There's a lot of evidence already.

-Crack down of KYC/AML for exchanges - ie BitMEX
-Trying to 'crack" privacy coins/Lightning.
-media propaganda - scare tactics.

The more I watch watch what they do, the more obvious it is. They need max control and taxation from people - in order to service the debt & keep the 1% happy. They're striping people of privacy rights/freedom of speech - since COVID it's clear how bad the slavery is.

I agree with a lot what you said - it's not happening anytime soon...it'll probably be a slow burn. Fiat goes to zero because of math - demonetization of money is happening before our eyes. You cannot stop this trend & either can they.

I am so bullish on Bitcoin - it almost hurts lol

It's just so obvious you need to make it most of your net worth. My decision - I'm not endorsing it. Although, it speaks for itself. Buy scarce assets or lose a lot of money to insane inflation - Bitcoin being the best bet right now.

Gold/silver is impractical, manipulated and controlled by CB's - they can have it.

optimistic is not enough to describe your great passion, but I respect it and kinda agree with it.

i just can't be 100% sure that it will be soon enough and I will see it before I die :D


this system will collapse and a new system will rise, this will be like in sci-fi movies where we depend on some of the remaining technologies and I can''t find better than crypto transactions to be the way we make deals

I am positive that we will hit the All-Time-high in the coming year because of a few reasons I am listing below

- The pandemic is not towards the sunset and economies are recovering so as BTC held high even during these tough times when everyone was selling their coins we should expect only growth when pandemic is gone.

- There has been a significant importance of the crypto market because of the blockchain technology and more people are getting into it with time.

- There is the DeFi thing that is still in its baby steps and might carry the crypto market alone.

Let us be positive and what bitcoin has for us in future is not something even satoshi would predict cause the nature of the bitcoins being decentralized.

The economy recover when everything is allowed to function without restriction. In an year or two the vaccine will be developed. Upon that we can't relate the growth of bitcoin to happen relative to the pandemic.

Slowly the blockchain technology gained its importance in all sectors. With time the blockchain technology is getting widespread. This will surely create positive growth over cryptocurrencies in larger scale and generate more job opportunity.
DEFI is in its infancy, when things go advanced there'll be better things. As of now it is a big thing to the cryptocurrency market.
The decentralized operation of the bitcoin is truly the value generating system in accordance to the demand to supply availability. If this has been under any central authority now this could've been destroyed out of hard manipulation. Hope the system stays decentralized even with the entry of the big corporates of the globe.

Bitcoin is in an open volatile market prices go up and down and it's a concern of everyone here every time Bitcoin goes down, we cannot stop people from predicting and checking their prediction because we don't want our coin losses it's value, and on your assessment that Bitcoin will not reach another all time high, you're the only one who said that just when everybody is predicting another all time high.

Since we are at $11K, I think it would be good.

Since we broke the resistance, there would be some sign that it would go further than $12K, though there might be a correction before that happens. IMO, I think the price might step at $12K but in a short period of time and will just slip back to $11K.

never reach ?, are you frustrated ?,
Bitcoin is predicted to reach $ 50000 in 2021 or the end of this year,
if this happens then the altcoin season will also come to us, believe me, Bitcoin price will return to the new ATH

Nothing can stop everyone's obsession, so there's nothing wrong about that because after all, prices wouldn't go up overnight differently if it was a market crash. How to treat cryptocurrency as it should be? I think we have realized, cryptocurrency is more widely used as an investment asset because indeed, the lack of adoption means that there is nothing more that can be done for now using cryptocurrency as digital money because it is not yet fully distributed. So, there is nothing wrong with them treating cryptocurrency as anything, because this is part of a long process that we still don't know for sure what will happen to cryptocurrency itself in the future.

The thing here is that people are really hoping that much into things which arent even realistic at all.We do have our own perceptions and views into things specially with Bitcoin.Lets respect someones view on it
and if they are really that bullish then i cant blame them since bitcoin can really do wonders when it comes to price movement but lets not really make our hopes too high or even too low.Lets wait and see for ourselves
on what would happen.Never reach ATH anymore? This is something that people can really debate on because we havent expect that bitcoins price do able to cling up that high.So its anticipated
that it would really do the same on possible future years to come.

well, looks like the bitcoin is currently going for another spike 12,244$ first time to reach the 12+ this year I guess? looks promising to me and will encourage me to buy more soon, just watching to know where it will go sooner

For sure;) And anyone who lost hope in Bitcoin will be squinting at their altcoin baskets now and wondering why they didn't go and pad up their wallets with Bitcoin while it's cheap.

Of course, it could still fall back to 10k but imagine being able to hold support at 50% of the ATH!

always remember that in Crypto nothing is really certain mate,we can grow easily or we can fall hardly.
Investing here is a risk but the opportunity is always there.

Look at the market now we are reaching $13k now as the price this moment is almost $12,500.

For how many years we are aiming to reach another ATH but of course Fud and positive words comes along.

lets see what happens before the october ends.

Correct, we are now in the $13k price, we are just 33% behind our ATH so that something to cheer about,  :) And the chances of BTC hitting another ATH in 2021 also is very high. Sure altcoins can give you higher percentage of returns, but it's hard to find that diamond unless you are like 2-3 years into that coin and then it suddenly goes on a massive pump giving you a windfall ROI. But bitcoin is quite stable though and the best assets right now.

Bitcoin performance this year despite Pandemic is much better than other investments, it was able to recover way to fast even economic crisis and recessions were happening, but BTC might not reach New ATH this time, it may set to have upto $15k but may not reach more farther than that, 2017 been a hype for BTC for ICO and many government crypto news of acceptance and banning that push it's price through that amount, we will be needing more time and news as well mass adoption to reach another ATH.

Yeah, well. When one says "might" it means "it might" or "it mightn't", but we are in the speculation section so it's OK.

OP is correct in pointing out that we should worry more about the intrinsic properties of bitcoin and not so much about the price. But that doesn't sell. The news sell emotions, and those are better spiked by saying that bitcoin "might" reach $100K in less that a year than by talking about technicalities.

I think this thread is going to be bumped many times once we reach a new ATH.

People always predict of what their wants to see to hapoen to the bitcoin yes millions per bitcoin as prediction is impossible to happen.
The possible to happen for me is the value of 6 digits which is the highest value and even that there is no guarantee that we can see that.
As of now the movement of the bitcoin is good and I think it will back again the ATH this year or next year.

Many people have speculated that bitcoin might never reach or reach its ATH, but bitcoin is very unpredictable due to its volatility that no one can say when it will go up or down. So we should only wait and see what will happen in the future because many people and investors expect bitcoin's ATH to make a comeback, which is why they are maintaining their holdings or long-term investments.

if you don't sell when the price of Bitcoin reaches $ 19,000 at the end of 2017 I think you will become a true holder,
because I'm sure someone who hasn't sold will sell on the new ATH,
but as a holder you should have a good strategy to accumulate your Bitcoin, in example is Buy Back. this one strategy.

Everything is possible but I can agree that the level of 19-20000$ or more will not be easy to achieve. For a while we see how Bitcoin is struggling to keep the price at certain level and how long it took to cross 10000$ and stay above that value.
Nevertheless it's still worth to hold Bitcoin on long term and that will pay of, I'm sure of that.

Those are unnecessary hype that I observe. This is how whales operate, just to hype the price and get in , then run out. But the price can still rise to the last time high with a steady growth. Bitcoin is a coin being adopted by majority, so it can increase anytime soon.

Sad but all your points are true,people misunderstood what Bitcoin is created for,Instead of being a Currency this become an asset in which majority of the people inside this market looking for this as profiteering and not a Trading material.
if this perception does not change then we may not seeing another ATH again.
and this will hurt everyone who invested when the price is still high.

Can you recommend something that can stop people from speculating, you are speculating also by creating a title that Bitcoin might never reach its ATH anymore, that's speculating, when people buy a stocks, assets or shares or investment they are buying because of the speculation, everything is guided by a speculation, when it comes to buying and selling.

You can't wonder how fortunes will favour you if BTC goes up, see the market sensation works based on the requirement of supply and demand. Also you need to have a lot of patience in crypto, this is not like share market where the market trend will slowly change its very similar but the directions are different.

Mate BTC is a pure gem just hold and wait patiently if you have invested, time will let you it's value.

Yeah its a gem but as an investor, always have that kind of measure on where you shouldnt really be that too optimistic.Im aint saying it isnt really good to invest
yet we know on whats the current position of BTC in the market which is on the top of the chain but it isnt mean that you can go full in with all of your money.
Its easy to say about on waiting but not all would really have that kind of level of patience this is why some people doesnt have much trust when it comes
to long term aspect. We do have our own words to say and i dont counter for those who said that it might not able to reach its ATH anymore.
Let the price do the talking.

According to PlanB everything is going according to plan (pun intended):

https://twitter.com/100trillionUSD/status/1322690881015697408?s=20

According to Digitalik.net the S2F model price is 19,000 BTCUSD.

https://talkimg.com/images/2023/05/16/blobe0dd10ec30a11f98.png

So plenty of appreciation possible now.

NEVER say NEVER!!!

The most ironic thing is that my above post is still true.
If you go to www.digitalik.net/BTC and you check market price against stock to flow, you will discover the market is exactly where the model predicts.
Stock to flow has been consinstently working since 2011. So why should break now?