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Bitcoin => Bitcoin Discussion => Topic started by: Ruhila7 on September 04, 2023, 04:46:51 PM



Title: What could be All time high for Bitcoin for all time?
Post by: Ruhila7 on September 04, 2023, 04:46:51 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: pooya87 on September 04, 2023, 05:10:21 PM
Bitcoin will always make higher highs
This is a correct statement by default because bitcoin price is measured in fiat and fiat values are always dumping due to being unlimited. So bitcoin price should keep going up against them even if it stops rising in value.
This means there is no all time high, we keep setting a new record every couple of years.

In any case, for the time being we are going to have both price rise (fiats dumping) and value rise (increasing adoption) so expecting more rises in the long run is only logical.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Aanuoluwatofunmi on September 04, 2023, 05:24:56 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

Maybe you should also consider it's volatility and see it this way that if it maintain a single pattern of going high each time, there may not be enough opportunities for others to buy and also trading could not be profitable, instead of this assumption, maybe we should always expect bitcoin rise and fall and then it wouldn't appear a single way pattern and people begin to think if being inflated, and this is just it's demands and supply ratio.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: romero121 on September 04, 2023, 05:26:06 PM
With every halving we used to experience new ath, so this is going to be on the ascending order. With time the demand keeps increasing to which the supply keeps dropping. The ath value of bitcoin can't be predicted, countries that were against bitcoin have begun to regulate the usage as big number of people have started to invest into bitcoin considering the economic crisis all around the world.

Limited supply is a major reason why we can expect big ath in the long run. At some point we can expect bitcoin serving as the alternate to the traditional fiat used around the world. In such situation the usage will be at its peak leading to massive rise in the price of bitcoin, but when it happens is completely unknown.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Hamza2424 on September 04, 2023, 05:26:20 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

That can be taken into the count as you know in which unit we measure the BTC ATH its USD or any other Local currency which always inflates no matter how much but it does and there are many reasons behind this, 1 BTC = 1 BTC but 1 BTC in the other currency keeps moving ATH to ATH on the specific time span. To judge the Bitcoin time ATH we need to somehow change the nature of HIGER HIGHS, because if a valuation keeps shooting and never lags how can we judge the ATH? So we can BTC = ?USD in long run.

But on the particular timeline, we can predict the ATH as most people think for the $1M valuation in the near future and some people support the flag of $120k as per this bull run ATH. By considering the nature of the Bitcoin and Demand and Supply mechanism in the market we can say whatever the valuation is gonna be we just need to accumulate because for sure the future id with BTC. So before its too take the entry now as its September never underetimate accumulation in this month.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: BIT-BENDER on September 04, 2023, 05:29:39 PM


In any case, for the time being we are going to have both price rise (fiats dumping) and value rise (increasing adoption) so expecting more rises in the long run is only logical.
And the upcoming Bitcoin halving would play an important role in Bitcoin achieving it's next all time high, although this is just still our own prediction and knowledgeable calculation, the market is volatile and the bull run prediction can come sooner or it can come later.

But right now I am seeing the long term potentials of Bitcoin which I believe is certain but this is just my opinion


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Accardo on September 04, 2023, 05:35:15 PM
Bitcoin moves forward and may not drop down to the previous price it took off from. The price of bitcoin used to settle at $3000 and 20k per bitcoin was once an all time high. Today it steadies around 20k, what price do you expect bitcoin to hit if it picks up from 20k to bullish run. The unpredictable volatility of bitcoin, stretches the thought of bitcoin ever going higher. Because many that see bitcoin as an investment expect to make profits on bitcoin. They wouldn't discuss with people about how bitcoin could go very low in price.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: blockman on September 04, 2023, 05:40:19 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
You have to rephrase what you're saying because it's like jumbled words however, I get the point you're trying to say. What if you reverse it, instead of looking for the all time highs in the history and while waiting for it. Look at the all time lows, there's more encouragement if you're going to look at that part. Because people that have been disappointed with the ATHs don't think that there's another one that might come in the future. But as usual, Bitcoin is always surprising new gains and ATH and that's a cycle that's hard to break if we're going to look at its history.
And if about the question the ATH of all ATH, maybe more than $1M? We will never know because we've seen that it's like sky is the limit and the scarcer that it gets, the demand gets higher so the price will be. Or could $10M? I don't know, I want to witness those times if bitcoin reaches the gazillion price.  :P


Title: Re: What could be All time high for Bitcoin for all time?
Post by: DVlog on September 04, 2023, 05:41:23 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

In terms of fiat value, bitcoin has two advantages. It has limited supply so the more new users come to the crypto space the more bitcoin is getting out of circulation which initiates supply and demand principals. Also, fiat is inflationary in nature due to its unlimited supply. So from both sides, it's getting benefits and we are seeing a price increase from its launch. Practically the price of bitcoin will keep rising as long as it's getting those two or either one of those benefits.

However, the increase of the bitcoin market cap will decrease its ROI as well in terms of fiat value. That means late investors will not get the level of ROI that the early investors got.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: un_rank on September 04, 2023, 05:46:08 PM
You cannot predict the highest it will ever get to cause it is impossible to predict the global economic situation in a century or a millennium from today. There will be so many changes in the value of fiat and even the existence of fiat and if the world moved from the current monetary system to a different one.

Inflation will always exist and will factor in for anything Bitcoin is priced against and a time could come when it is valued as a currency and not a product.

- Jay -


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Majestic-milf on September 04, 2023, 05:58:07 PM
 Bitcoin price is not stable. So if we are looking for an all time high of all time, it then means it is fixed and that means there's supposed to be a fixed ATH. We can't begin to guess what the next all time high would be after the halving and if you are having the mindset of investing with a particular big figure of what the ATH would be when the bull run season approaches, I'd just advice you change that mentality and rather buy with an amount you can easily part with and just hodl.
According to speculators on  Coincodex (https://coincodex.com/article/31069/bitcoin-price-prediction-after-halving-2024/), Bitcoin's ATH should be around $84,100 but then it could be more or less.
 


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Yatsan on September 04, 2023, 06:21:46 PM
Skies the limit. I were one with those people who never imagined that its market price will be as high as its ATH and is still creating possibility for a higher market value on the next halving. I'd say there'll be no limit with its potential market price 'coz it is dependent with a powerful factor such as demand. As long as demand increases then same thing will happen to its market price. Also  there are many sub-factors which could affect or trigger an increase to demand itself. Problem is  there's no assurance that this blockchain would be able to maintain the increse in demand and increase with its value. It is still a long way but it is better to start things earlier than the expected due.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: ZAINmalik75 on September 04, 2023, 06:26:26 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
By asking all time you mean till the era of BTC what would be the highest All time high of Bitcoin. That's not an easy thing to guess but there wil be hell lot of factors in that. I mean other then halving events which are going to last till 2140. I think till then 28 or 29 halving will be done for BTC and in each halving there comes Bear and Bullish cycle. And we all know in every bull cycle after every halving BTC try to make a new ATH.

Till now BTC has the higest ATH of around $69k and this ATH will be break in the upcoming bull run and according to reports and Analysis, a lot of people are saying BTC has the potential to touch $100k easily and if some more adoption of good news will keep coming then it also has the potential of touching $150k. Which seems difficult but in crypto we should not expect less and more instead be open to all type of situations.

And overall if we try to calculate the market then in each halving price is making 2x means. That indicates it could have millions of worth at some point.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: KiaKia on September 04, 2023, 06:28:31 PM
I am not surprised with people having wrong thoughts about Bitcoin, until they are proven wrong.

People like saying that Bitcoin can't reach a certain amount per coin but they have forgotten that the world population is insanely high and only a fraction of this population has Bitcoin held somewhere safe.

I will only start worrying about the future value of Bitcoin after 80% of the world are already Bitcoin users and holders, people don't have a clue.

This is also why I keep telling some people to forget about the past value of Bitcoin and they should focus on its future value, Bitcoin was once 100$ per coin and they thought they'd missed the biggest opportunity, I doubt this big time.

The real mass adoption is yet to come, that's when we will see insanely high value per one Bitcoin.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Cryptomultiplier on September 04, 2023, 08:12:21 PM
Simply, it would be hard to say, because with the halving in sight, the current price is dwindling and I know after 3-5months after the halving expected to happen next year, BTC would reach a new all time high.
Unless you are more concerned with this year, then I would say it couldn't get any higher than $35k. Give or take. Although most crypto signals predict it to get to roughly $100k, I hardly doubt as it might just be mere hype.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: The Cryptovator on September 04, 2023, 08:18:41 PM
It's unrealistic expectations from Bitcoin. Bitcoin is known as a highly volatile cryptocurrency and most probably that's the reason how its become the world's most popular cryptocurrency. Bitcoin is called a mother coin as well. However, due to the nature of the volatility, investors could take advantage of it and make money. So it won't possibly stay always above all-time high anyway. Don't just try to make Bitcoin like a stable coin. But we all know Bitcoin will break its all-time high again, it's just a matter of time. We have to wait with patience with those are holding Bitcoin. Times will come but not so fast.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Nwada001 on September 04, 2023, 08:32:53 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

Those who believe in Bitcoin will agree with you on this, but those who are not Bitcoiners will always not see the positive side of everything. But be that as it may, the price of bitcoin might be floating around; we might see it up today and down tomorrow, but those movements are what are preparing us for where we are heading in the coming feature.
 
I also agree with you that the all-time high will be reached, a new record will be created, and such history will continue till who knows when. It's just a matter of time, and providing that there will always be buyers and accumulators who are willing to buy and hold, exchange, and trade the currency, we are definitely going to see a new ATH.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Ndabagi01 on September 04, 2023, 08:35:25 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

If the all-time high for bitcoin can be forecast, market volatility will not be as severe as it is currently. When the price rises, it does not want to fall. Crypto whales will also try their hardest to manipulate the market even more in order to hasten the process of achieving its all-time high because it will not fall again. Every movement in the market and market fluctuation is good as it is, and any adjustment that occurs to reverse this pattern, I'm not sure will be good for bitcoin.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: nurilham on September 04, 2023, 08:41:38 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
What trend? Bitcoin keeps increasing its price because the demand of Bitcoin is increasing. Specifically, when Bitcoin is experiencing its halving, there is a significant increase of the demand while the supply will be lower than the usual. So, it is not only about the hype or the trend, it is real that there is a significant increase of the demand, too. In this situation, Bitcoin has a big opportunity to reach its new ATH. However, there is no way to know what the highest ATH will be. It is impossible because we can't predict something like the demand. Who can measure the demand in the future?  ???



Title: Re: What could be All time high for Bitcoin for all time?
Post by: JoyMarsha on September 04, 2023, 08:48:20 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
Bitcoin runs on a 4 years cycle. The bearish season and the bull run season are the two distinct phases of that four-year cycle.
In the bearish season, the price of bitcoin tends to drop so that investors may buy bitcoin at a discount price, while in the bull run season, the price of bitcoin soars so that investors can sell their bitcoin assets for a profit.

The season of halving is what led to the peak price of bitcoin. Each time bitcoin halves, it reaches a new all-time high. The bitcoin trend you mentioned will begin in 2024 and continue until 2025 when bitcoin will reach a new all-time high higher than the $69k it reached during the previous bull run season.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: red4slash on September 04, 2023, 09:11:01 PM
Actually for things like this I think no one can really answer for the price of bitcoin all the time but seeing from the progress and movement of bitcoin which always looks quite good from the beginning they were created until now today we can only be sure that prices will definitely continue to rise and make achievements again and again and for ATH now we still know that bitcoin has touched the price of $69k and it is not impossible in the future especially when halving occurs there will be new achievements in ATH that make the previous highest price exceeded again and again.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Ojima-ojo on September 04, 2023, 09:12:09 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
Assuming that bitcoin act in the manner in which you speculate, bitcoin will no longer be an interesting assets because one of the things that make bitcoin more interesting is the volatility of the price of bitcoin and if Bitcoin should reach that highest height, it will become an uninteresting as it is right now., the big deal is we should analyze the market based on how it is and grow organically so as to be able to build a sustainability market liquidity.


What should be the all-time high price of Bitcoin?


The answer to that question still remains with time, because no one can certainly say how much exactly Bitcoin price will be that can be referred to as the highest high price and not just a time high as it used to be in the past, so since there is no stable price at each time and every all-time high price always result into another price that set a new record high at each time.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: serjent05 on September 04, 2023, 09:12:26 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

There will be a time when Bitcoin will record its peak price but we do not know when.  This will be affected by the adoption, government acceptance, and the sentiment of the market.  Bitcoin halving still has a long way to go while adoption is still in its early stage.  So if you are looking for the amount where Bitcoin will be at its peak, then we can just throw lots of speculation here and wait for it to happen.

The question can't be answered precisely and any amounts thrown here will just be speculation.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: hatshepsut93 on September 04, 2023, 10:43:08 PM
Asking about your type of all time high is the same as asking for all Bitcoin future and no one has any idea about that. There can be anything between Bitcoin crashing to zero tomorrow and Bitcoin enduring for millions of years. Bitcoin might even outlive the US dollar, which would make this question hard to answer, because currently the USD is the main benchmark for BTC. Or if you want to be pessimistic, consider that every bull market peak can be the ATH, because after that Bitcoin can crash and never fully recover.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: sheenshane on September 04, 2023, 10:59:36 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
No one can tell when it will happen if you know how the Bitcoin price trend plays and how the price volatility plays on the market.  The demand and supply make the price become volatile so you can't maintain the price on its position.
It should be patience and a long-term perspective often yield the best results, as the market can be unpredictable in the short term.

Since it's unpredictable, IMO it should be patience is key for those holding Bitcoin, as market cycles can be lengthy, and profit would not come up in a day holding of Bitcoin.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: darkangel11 on September 04, 2023, 11:10:31 PM
It will keep making higher highs but we should specify the time period for this.

You can be thinking of a 4 year cycle period, or you can be thinking about a decade, get it? Without time, all these statements are right because if bitcoin continues to exist it will make a new high at some point because of limited supply on exchanges, limited total supply, coins lost forever, periods of hype, and so on.
If I say that bitcoin is going to make a new high, I'm going to be 100% right, because there's no way you can call my bluff in our lifetime, and when I'm dead I can take a loss ;)
If it continues to exist forever, there's no limit to how high, measured in fiat money, it can go.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Die_empty on September 04, 2023, 11:37:44 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
The statement that Bitcoin will always go high is true since the price of Bitcoin has kept recovering over the years. The coin has gone through several price losses but has always recovered. Bitcoin all all-time high now is $68,789.63 and Bitcoiners expect that Bitcoin having next year might take the price above it. We have had many predictions about the price of bitcoin but most of them turned out to be false, this is because the price of Bitcoin is affected by many factors, and in most cases these factors are unpredictable. We can only speculate, nobody can perfectly predict the future price of Bitcoin. If you want to invest, this time gives such opportunity to buy and hodl.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: uneng on September 05, 2023, 02:24:15 AM
It can be any value above the currently ATH. We have no idea where Bitcoin is going to reach futurely as each new cycle is always a new surprise. Who could have imagined we would go from 21,000$ in 2017 to 69,000$ in 2021? These things happen suddenly as golden opportunities, so investors aren't able to prepare themselves if they aren't already long term investors.

The only thing we know is that Bitcoin is a scarce asset with growing demand and adoption since its creation 14 years ago.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Afnan_faizah on September 05, 2023, 02:38:49 AM
I think the biggest factors that make bitcoin price reach new ATH is because of speculative investors who looking for profit in good trend only. the growing number of bitcoin adoption will make it's price rise constantly but the pump and dump is made by those speculative investors, they use their fund to buy bitcoin and make it's price pump and when they sell it then the price will fall to it's true price. that's my opinion.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: kingvirtus09 on September 05, 2023, 02:43:56 AM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

It is true that Bitcoin is always at a high value, and that has been proven many times. Even so far, Bitcoin is still the leader when it comes to price. Now, if you are asking what its ATH will be when the bull run comes, my answer is that I don't know. Because everything that anyone says in the crypto space right now is pure speculation and nothing is accurate, it's up to you which of the predictions to believe and hold on to. I hope those who predicted a high value will see it happen so that everyone is happy. As far as I can see, maybe by next year it won't be less than 50k each in Bitcoin.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Bazzu on September 05, 2023, 03:05:22 AM
What I know is that the highest price for BTC in 2021 will be around $69k and of course we won't know the price of BTC during the next bull run, but I hope Bitcoin surprises and forms a new ath exceeding $100k.

In my opinion, the price of BTC will continue to grow because people adopting BTC are increasing, while the supply of BTC is limited, namely only 21,000,000, so I think the price of BTC will continue to grow. but we also have to be able to take advantage of the volatility and fluctuations in the price of bitcoin.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: MURONDI on September 05, 2023, 03:17:58 AM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
is true that Bitcoin has always madeIt higher highs over time. However, there is no guarantee that this trend will continue indefinitely. There are a number of factors that could cause Bitcoin's price to plateau or even decline.

One possibility is that Bitcoin becomes more widely adopted as a currency. If more people start using Bitcoin to buy goods and services, the demand for Bitcoin would increase, which could drive up the price. However, it is also possible that Bitcoin becomes more regulated, which could make it less attractive to investors.

Another possibility is that a new cryptocurrency emerges that is more efficient or secure than Bitcoin. If this happens, investors could start to shift their money to the new cryptocurrency, which could cause Bitcoin's price to decline.

Ultimately, the future price of Bitcoin is uncertain. However, the fact that it has always made higher highs in the past is a positive sign for its long-term prospects.

As for your point about Bitcoin not yet starting a trend, I would say that it is still early days. Bitcoin is a relatively new asset, It took the stock market over a century to establish a clear trend, so it is unrealistic to expect Bitcoin to do the same in such a short period of time.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: CryptoBuds on September 05, 2023, 03:21:06 AM
I think the biggest factors that make bitcoin price reach new ATH is because of speculative investors who looking for profit in good trend only. the growing number of bitcoin adoption will make it's price rise constantly but the pump and dump is made by those speculative investors, they use their fund to buy bitcoin and make it's price pump and when they sell it then the price will fall to it's true price. that's my opinion.

Manipulation and speculation are inevitable in the market and I also believe that the majority of short term movements are manipulative rather than supply and demand based movements. But I don't think bitcoin's ATH is purely based on speculation. As you said, the demand for bitcoin is still increasing every day so it can be said that bitcoin could reach an ATH because adoption is still happening. It is also the reason the price increases every year and bitcoin is unlikely to return to its old levels even if manipulated. I mean, let's look at the 2018 low of $3k and we'll never see bitcoin at that low again. Similarly, the $15k price level is said to be the bottom of this bear season and we will never get a chance to see it again in the future.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: hd49728 on September 05, 2023, 10:35:23 AM
Manipulation and speculation are inevitable in the market and I also believe that the majority of short term movements are manipulative rather than supply and demand based movements.
Manipulations are in all markets and they execute their plans silently and very patiently after a long time. At a right time, they pull a trigger and release news, fuds to cause panic in the market, then forced liquidations will happen on exchanges because in the market, there are always many gamblers who believe that market will serve them and move in a same direction of their open positions.

Supply and demand make sense for market growth in a very long term. Short term, it's all related to manipulations and liquidations.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: kryptqnick on September 05, 2023, 11:52:15 AM
Op's correct that there's no reason why Bitcoin must always recover after another bear market and reach a new ATH. Of course, at some point, it might reach a new ATH which it will never surpass. It's just that it hasn't happened yet, and there don't seem to be any good reasons for that to happen either, so people rely on observations of the past.
So if the thread's question is about that, about Bitcoin reaching a certain point and never going past it, it's hypothetically possible. If it's about a specific value, regardless of when it happens, I don't think it's possible to reasonably answer this question, because it can be around for decades, it can be around for centuries, human civilization can experience growth or a downfall in the meantime, and fiat currencies in which we currently measure BTC value can decrease so much that a price won't mean much or just become a thing of the past.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: peter0425 on September 05, 2023, 12:39:56 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
every single one of us are looking for this , we are actually thinking that bitcoin will be pegging for this specific amount and will never fall again and instead continues to increase.
but all of this for now are prayers and hopes.
and also you cannot call its all time high when there is another increase in the coming days.
and for now? what I wanna know is how much the price to take in the next bull run.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: n00ber on September 05, 2023, 01:18:10 PM
Op's correct that there's no reason why Bitcoin must always recover after another bear market and reach a new ATH. Of course, at some point, it might reach a new ATH which it will never surpass. It's just that it hasn't happened yet, and there don't seem to be any good reasons for that to happen either, so people rely on observations of the past.
So if the thread's question is about that, about Bitcoin reaching a certain point and never going past it, it's hypothetically possible. If it's about a specific value, regardless of when it happens, I don't think it's possible to reasonably answer this question, because it can be around for decades, it can be around for centuries, human civilization can experience growth or a downfall in the meantime, and fiat currencies in which we currently measure BTC value can decrease so much that a price won't mean much or just become a thing of the past.

When it comes to the future, every scenario is possible and we can only predict, nothing else. For me, once I choose to invest in bitcoin, I will always believe in it and believe that it will reach ATH over time. That's my belief in bitcoin, but if unfortunately it won't generate a new ATH then that's not too big of a deal for me. Because sometimes life won't be what we expected and then we just need to find a way to get through it. Everything is not a serious problem if we accept it and are ready to face it.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Poker Player on September 05, 2023, 01:43:18 PM
You cannot predict the highest it will ever get to cause it is impossible to predict the global economic situation in a century or a millennium from today. There will be so many changes in the value of fiat and even the existence of fiat and if the world moved from the current monetary system to a different one.

Inflation will always exist and will factor in for anything Bitcoin is priced against and a time could come when it is valued as a currency and not a product.

- Jay -

Right, but not only that. Maybe the world will go to shit because of a nuclear war in a few years and the ATH will have been the highest it has ever been until then. Or it's the Bitcoin that goes to shit in 50 years no matter how hard it is for us to conceive.

The point is that the price will most likely continue to rise in the long run, albeit with volatility, for two reasons: the devaluation of fiat currencies, which is not going to stop, and that Bitcoin will be an increasingly appreciated and scarce asset.

Making guesses about what the peak will be in 100 years does not make much sense, because you would have to factor in dollar inflation as well, if the dollar still exists by then; let alone the peak of all future history.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: Blitzboy on September 05, 2023, 01:52:02 PM
Op's correct that there's no reason why Bitcoin must always recover after another bear market and reach a new ATH. Of course, at some point, it might reach a new ATH which it will never surpass. It's just that it hasn't happened yet, and there don't seem to be any good reasons for that to happen either, so people rely on observations of the past.
So if the thread's question is about that, about Bitcoin reaching a certain point and never going past it, it's hypothetically possible. If it's about a specific value, regardless of when it happens, I don't think it's possible to reasonably answer this question, because it can be around for decades, it can be around for centuries, human civilization can experience growth or a downfall in the meantime, and fiat currencies in which we currently measure BTC value can decrease so much that a price won't mean much or just become a thing of the past.
Bitcoin's recovery has been somewhat cyclical, but you're correct; past performance does not guarantee future results. The problem comes down to the fact that Bitcoin is inherently unstable and that its external factors are always changing. These include, but are not limited to, laws, the acceptance of institutions, and the stability of the global economy.

Lets compare this to how standard markets have changed over time. Many traditional financial instruments have become more stable over time, thanks to large part to laws and market structures that have been around for a long time. Bitcoin is still a pretty new thing. One important thing to think about is how foreign currencies affect the value of Bitcoin. Should fiat currency lose a lot of value or become useless, the way we measure Bitcoin's success would change.

So, to answer your question, it is possible, but not likely, that Bitcoin will hit an all-time high that cant be beaten. The fear of an ATH that we never get past could be trumped by our boredom with the way our economies are set up now.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: CryptoBuds on September 06, 2023, 12:00:58 AM
Manipulation and speculation are inevitable in the market and I also believe that the majority of short term movements are manipulative rather than supply and demand based movements.
Manipulations are in all markets and they execute their plans silently and very patiently after a long time. At a right time, they pull a trigger and release news, fuds to cause panic in the market, then forced liquidations will happen on exchanges because in the market, there are always many gamblers who believe that market will serve them and move in a same direction of their open positions.

Supply and demand make sense for market growth in a very long term. Short term, it's all related to manipulations and liquidations.

Agreed, manipulation always exists in every financial market, those with a lot of money will never ignore this easy way to make money. But the crypto market has more manipulation than any other market, because with a small cap, without much regulation...manipulation becomes easier than in other markets. But many people still naively assume that bitcoin is decentralized and cannot be manipulated, LOL. Yes, the bitcoin network cannot be manipulated, but the price is too easily manipulated.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: hd49728 on September 06, 2023, 01:07:01 PM
Agreed, manipulation always exists in every financial market, those with a lot of money will never ignore this easy way to make money. But the crypto market has more manipulation than any other market, because with a small cap, without much regulation...manipulation becomes easier than in other markets.
Whales in traditional markets don't ignore chances to make money by market manipulation in this cryptocurrency market because total market cap of this market is small together with less regulations are very attractive with market manipulators.

They would prefer to use their capital for manipulations in this market, that is more easily in traditional market, with less risk of regulations, legal problems than in traditional markets. In addition and most important, they can gain bigger profit with same capital used for manipulation in cryptocurrency market than in traditional ones.

Quote
But many people still naively assume that bitcoin is decentralized and cannot be manipulated, LOL. Yes, the bitcoin network cannot be manipulated, but the price is too easily manipulated.
Being decentralized in its network hashrate distribution is not related with coin distribution among holders and market manipulations. In addition, to manipulate successfully whales have to collect coins very slowly with time. They do their games slowly and silently enough to avoid noises in the market as well as on-chain indicators. When we realize it, it's too late and game is already in play.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: bayu7adi on September 06, 2023, 02:22:33 PM
The all-time high (ATH) reached by Bitcoin represents a form of price rejection, where at that peak, people tend to employ rational thinking to gauge the latest price range of the Bitcoin market.

In my opinion, at the $69k level, the price was exceptionally high, even for Bitcoin in 2021. Consequently, a correction occurred from that lofty price point, bringing it down to a more reasonable level. This established a market price range between $20k and $30k, and it has been hovering around $25k ever since.

The potential scenario that may unfold next 2025 is as follows:
If, following the next halving event (2024), there is a price surge to $100k, it's conceivable that the BTC market price could be in the range of $60k-$70k. This is purely a personal speculation.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: BVeyron on September 06, 2023, 11:38:42 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

I think that BTC and other cryptocurrencies are testnets for novel digital financial solutions. Blockchain is a data-storing technology, so its development should be financially beneficial. I suppose that's why BTC price is rising. Moreover, beneficial projects create "secondary" projects in many fields (hard and soft production, trading, ad placement, etc).


Title: Re: What could be All time high for Bitcoin for all time?
Post by: terrific on September 06, 2023, 11:56:28 PM
What I know is that the highest price for BTC in 2021 will be around $69k and of course we won't know the price of BTC during the next bull run, but I hope Bitcoin surprises and forms a new ath exceeding $100k.

In my opinion, the price of BTC will continue to grow because people adopting BTC are increasing, while the supply of BTC is limited, namely only 21,000,000, so I think the price of BTC will continue to grow. but we also have to be able to take advantage of the volatility and fluctuations in the price of bitcoin.
It will continue to grow if we're going to base it from its current price and it could be as high as $100k or more than that.
We just don't know when and if the situation will allow that to happen, maybe not this time but more of the chance happening it post-halving.
The care will be shown when everyone starts to get greedy again and the market don't have much motion, so start from analyzing what move should be done when we're not yet on another ATH.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: CageMabok on September 07, 2023, 01:47:37 AM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
If you ask about the highest price that Bitcoin has ever reached, you can check the price of Bitcoin in 2021 because that year the highest price of all time occurred for Bitcoin. But if you ask about the unprecedented high price of Bitcoin, I will be quite difficult to answer even though some people say that in the next year there is a possibility for Bitcoin to pass the highest price ever achieved before. However, the exact figure will always be difficult for everyone to guess because reaching $70K alone is already the highest price of all time for Bitcoin.


Title: Re: What could be All time high for Bitcoin for all time?
Post by: michellee on September 07, 2023, 01:01:02 PM
I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
If @OP asks what is the highest Bitcoin value, we can only say that the highest Bitcoin price ever reached is around $60k. But in the future, there is a possibility that Bitcoin prices could rise higher than yesterday's ATH and possibly reach more than $100k.

But the problem is that we don't know when the next Bitcoin high will occur and we can only wait for it to come. And before the highest price of Bitcoin comes again, we are still allowed to accumulate more.

And with Bitcoin's trend still tending to decline, we have to use the opportunity to buy more Bitcoin so that when the price increases, we are ready to sell it at the high price we want. But we also have to know that the price of Bitcoin will not increase significantly because there are stages that must be achieved. And this is where our patience is tested.