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Author Topic: Bitcoin will NEVER reach it's ATH anymore.  (Read 932 times)
Oilacris
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July 29, 2020, 10:26:39 PM
 #101

I have think along this way before but bitcoin is highly unpredictable because it is a speculative money. Many believe that bitcoin did not have intrinsic value and at that we only depend on the predictions from those big youtuber to see were it might probably be.
one thing that is a bitcoin advantage is, the price goes up and down quickly. however, ATH bitcoin is indeed very far from now, however, we don't know what will happen in the future. although many doubt that bitcoin will not reach the new ATH, but I am pretty sure that the price can approach the old ATH. this will create new hopes.
I don't understand why people always set a goal and look at the price of bitcoins in that context. I mean yes the all the high is still far although we see a lot of positive movement in the prices and we might be close to the ATH very soon. But why do people always find a reason to demotivate themselves, I see no threads if bitcoins will ever reach its ATL? We always look the negative side and find a reason to demotivate each other.

I am pretty sure that in coming years there might be a scarcity of addresses holding 1 bitcoin because the price might be too high for anyone to keep 1 bitcoins alone but that might take at least 5-7 years from now, until mining becomes a menace and all the coins have extreme worth.

Its not really that much in talks of demotivating yet people did really just say on what they do have in mind basing  of on what they do saw in the market.We are free to make our own insights and if this is the
first time you do see a topic mentioning not on reaching its ATH then just respect on what theyre trying to say.

In my part, i do see these kind of input to be more realistic rather than to those predictions or insights that do talks about $100k $500k $1M price per coin prediction.What you think?

Somehow its really hard to make up conclusions because we know on how unpredictable the market is.

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July 30, 2020, 06:52:00 AM
 #102

there are three types of people on this sphere . one is investor , second is trader and third are spenders  . the spender and trader are using bitcoin the way its meant to be but the investor wont and will only expect for the highest possible value btc can touched .

we need news and speculators to keep the action going but it should be done in a fair way and on a scheduled basis . btc is increasing once again so dont talk early because you can go wrong with your predictions .
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July 30, 2020, 12:08:40 PM
 #103

there are three types of people on this sphere . one is investor , second is trader and third are spenders  . the spender and trader are using bitcoin the way its meant to be but the investor wont and will only expect for the highest possible value btc can touched .

we need news and speculators to keep the action going but it should be done in a fair way and on a scheduled basis . btc is increasing once again so dont talk early because you can go wrong with your predictions .

You know what's worse? Most of the investors (and actually almost all the ones I know of) don't even actually hold Bitocin! They're just owning access to an account somewhere that shows them they have Bitcoin. No wallet. No private key. No seed.

And all this fomo, they're sending more dollars to some bank account to buy "more btc". Funny, ain't it?

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July 31, 2020, 02:52:30 PM
 #104

Never is a funny word here, never claims it is not going to happen in a year, it is not going to happen in 5 years, not in 10, not in 20, not in 50 years.

Never is just a way too big of a word to actually mean what you think it could mean, that is why I do not agree that bitcoin will "never" reach all time high anymore, it needs to be impossible for it to reach $20k in order for me to agree with you and technically speaking it is not impossible, if someone comes up and buys 10 billion dollars wort of bitcoin tomorrow, it will be $20k tomorrow, all depends on someone with money or a company that invests that much to do it, or bunch of company/people getting together to do it. That is why I think $20k is possible, more than possible actually it is probable, we just don't know when it will happen again.

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August 03, 2020, 02:21:59 PM
 #105

From the looks of the price of bitcoin. I think it could reach it's new ATH next year because surprisingly bitcoin already breaks it's limitation between $9,000 and $10,000 before the end of the month of July. A lot of people have said it before that bitcoin will not have a high price in the future, but look at it today it is more valuable than fiat currency.

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August 03, 2020, 02:31:04 PM
 #106

Though you are right, but honestly Bitcoin price does matter to everyone! Imagine what will you do if Bitcoin loses its value by all? You will be shocked or will go to frustration! That's why people like to see Bitcoin at a higher price and they stop buying when the price becomes low because they feel afraid of more down! Though I dont care that over-optimistic speculation about 100K,1 Million USD per Bitcoin! But what I believe, Bitcoin will never stop surprising us!

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August 03, 2020, 02:55:25 PM
 #107

Though you are right, but honestly Bitcoin price does matter to everyone! Imagine what will you do if Bitcoin loses its value by all? You will be shocked or will go to frustration! That's why people like to see Bitcoin at a higher price and they stop buying when the price becomes low because they feel afraid of more down! Though I dont care that over-optimistic speculation about 100K,1 Million USD per Bitcoin! But what I believe, Bitcoin will never stop surprising us!
Reaching the ATH may take time to happen again, but it's indeed surprising whenever price increases without exact reason of its increase. Whatever the price is, as long as we were able to trade and earn from it thru our skills, we will not be bother whether the price will not reach it's ATH again. Knowing when to buy and sell thru trading can still help us to keep going having bitcoin.

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August 03, 2020, 04:48:24 PM
 #108

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.

With banks and mobile wallets popping out and adopting to internet era there is no way that bitcoin could be used for transaction like being considered as "money" investors started appreciating it as investment and I don't see that it is a bad thing, imagine it was 2009 where it is being ignored before everyone started realizing that bitcoin has a great potential as an investment rather than a currency to be used for daily transaction.

Currently its value makes it more popular and alive if ever bitcoin never really became less of an asset then it wouldn't have became as dominant as of today.



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August 03, 2020, 05:30:31 PM
 #109

With trading, never is always temporary.  Grin
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August 03, 2020, 11:16:43 PM
 #110

We dont have a stable currency base, more then ever cash fixed value is not a priority but rather ensuring people (business even) 'survive' long enough to see a vaccine and avoid deaths that dont have to occur as much as possible.   For once the extraordinary devaluation of monetary base is somewhat justified however the problem is we already did that in the prior ten years & never reversed hence the lost idea a fixed number for BTC or any asset or price at all would not be exceeded in future.   This is quite unlikely especially as BTC itself is very strict in comparison, put the two on a measuring scales and BTC has a bias to rising.   Buffet I think said markets are a voting machine today and long term a weighing machine.

I think the trend with August start is for the moment in pullback, test of prior price rises and Im uncertain it immediately goes up or possible BTC can still revisit the 200 day average for confirmation and consolidation.   Never is easily possible in 2021 I reckon and 2020 some now expect new highs.   Either way its not unreasonable expectation any longer imo .

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August 04, 2020, 06:29:35 AM
 #111

I honestly thought that bitcoin would never win its ATH again. however, now I realize that bitcoin can reach a new ATH in 2021. However, we can see its potential in 2021. If this year the price of bitcoin can exceed the price of $ 15k, or more than that, and in 2021 create a positive trend towards crypto, so I quite believe that the new ATH can be achieved.

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August 04, 2020, 10:59:21 PM
 #112

Never is a funny word here, never claims it is not going to happen in a year, it is not going to happen in 5 years, not in 10, not in 20, not in 50 years.

Never is just a way too big of a word to actually mean what you think it could mean, that is why I do not agree that bitcoin will "never" reach all time high anymore, it needs to be impossible for it to reach $20k in order for me to agree with you and technically speaking it is not impossible, if someone comes up and buys 10 billion dollars wort of bitcoin tomorrow, it will be $20k tomorrow, all depends on someone with money or a company that invests that much to do it, or bunch of company/people getting together to do it. That is why I think $20k is possible, more than possible actually it is probable, we just don't know when it will happen again.
Lets try to look around at the moment when bitcoins price hits up 11k price then there are lots of predictions flying around that bitcoins price might hit up $100k - $200k which does simply shows that
people can easily make out their own sentiments basing of on current happenings.We cant really say such word as "NEVER" because this market is unpredictable or shall we say that everything is uncertain.
Anything can happen without you being expecting that much.Bitcoin wouldnt reach its Ath anymore? 9k price wont really be that far off basing on the current price we are in.
It might take up sometime but when we do talk about possibilities then its always there.

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August 06, 2020, 11:10:02 AM
 #113

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.

With banks and mobile wallets popping out and adopting to internet era there is no way that bitcoin could be used for transaction like being considered as "money" investors started appreciating it as investment and I don't see that it is a bad thing, imagine it was 2009 where it is being ignored before everyone started realizing that bitcoin has a great potential as an investment rather than a currency to be used for daily transaction.

Currently its value makes it more popular and alive if ever bitcoin never really became less of an asset then it wouldn't have became as dominant as of today.

the time to ignore bitcoin in the past is just a separate story, now the time is to find identity to be a very popular investment. it is not wrong that the cycle is still going on and bitcoin will improve both now and in the future.

totally agree that the value attached to bitcoin now makes bitcoin like the most beloved item on earth. many are trying to keep working and make bitcoin a very reliable livelihood.
actually it is not wrong to look at altcoins which are also very good for being used as a separate investment.
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August 07, 2020, 02:09:19 PM
 #114

People should have much more healthy approach to cryptocurrencies than "get rich quick" and should use bitcoin even if it was going to take 100 years 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 bottom 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.

I just let them we are a complete community, there are community of speculators, investors bounty hunters, developers  and some shills for some coins if they want to shill the market let them everybody will benefit if market become bull and this is all we all wanted for Bitcoin to reach the highest adoption and price.
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BTC to the MOON in 2019


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August 07, 2020, 02:17:41 PM
 #115

Bitcoin will continue to break its ATH, that's my prediction.
It's very simple, if you use a simple logic, the supply is limited by the demand is could increase regardless of the reason, either organic or manipulation, still the price will be affected and it will prove that bitcoin is not a stagnant asset, it's a strong asset that could rise significantly even in short term.

As we can see now, bitcoin is already bullish, soon it will touch again at $12,000 and the FOMO will once again start.

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August 07, 2020, 02:49:11 PM
 #116

The last bitcoin ath for me is somehow low and by years will passed more and more companies, businesses, merchants will also prefer as thier payment option, therefore the demand will go up high, and the price of bitcoin will go to the moon.
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August 07, 2020, 06:04:01 PM
 #117

Bitcoin will continue to break its ATH, that's my prediction.
It's very simple, if you use a simple logic, the supply is limited by the demand is could increase regardless of the reason, either organic or manipulation, still the price will be affected and it will prove that bitcoin is not a stagnant asset, it's a strong asset that could rise significantly even in short term.

As we can see now, bitcoin is already bullish, soon it will touch again at $12,000 and the FOMO will once again start.

Of course it will because of many reasons.

One of them is halvings that will continue to happen. If the cost of mining is high now think what will happen after another halving. Saying that we will never have another ATH is pretty naive.

Also people like to speculate with Bitcoin and they will try to play with it even if it never becomes a currency and remains an alternative investment to stocks and commodities.
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August 08, 2020, 02:56:34 PM
 #118

Those people are more likely the new ones in this industry. If they have experienced the ups and downs before, they should have an idea of how this "game" works. By simply comparing its market value way back 5 years ago, one could be worry of what to expect and not to. Many of those who are just anticipating another "ATH" are the ones  who would more likely regret things, once a crash AGAIN occur. Just let things be, if you are into investments, then feel free to hold and to sell at a point that won't be regretful in your side.

There's no need to hype yourself since the main "thing" is unpredictable in its nature.
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August 13, 2020, 06:44:04 PM
 #119

Those people are more likely the new ones in this industry. If they have experienced the ups and downs before, they should have an idea of how this "game" works. By simply comparing its market value way back 5 years ago, one could be worry of what to expect and not to. Many of those who are just anticipating another "ATH" are the ones  who would more likely regret things, once a crash AGAIN occur. Just let things be, if you are into investments, then feel free to hold and to sell at a point that won't be regretful in your side.

There's no need to hype yourself since the main "thing" is unpredictable in its nature.
When you are just new then that thing you do called hyping yourself is really indeed common.When we are still noobs that kind of emotions flows through us on where we do expect up things just because we have seen people do make out big money here on this market without even realizing on how hard is the path on reaching out those numbers.

Its true that if you've been here on this market for a while now then you will definitely able to know or realize on whats the reality.Dont expect for continuous price rise and hoping that you would be rich soon.

Bitcoin will continue to break its ATH, that's my prediction.
It's very simple, if you use a simple logic, the supply is limited by the demand is could increase regardless of the reason, either organic or manipulation, still the price will be affected and it will prove that bitcoin is not a stagnant asset, it's a strong asset that could rise significantly even in short term.

As we can see now, bitcoin is already bullish, soon it will touch again at $12,000 and the FOMO will once again start.
I actually not really that much in support in talks of FOMO or just a bubble kind way of market but we cant really avoid it yet crypto space can really be into that situation in a blink of an eye.

We do need an organic and somewhat a strong or sustainable kind of growth, not just trying to look up for a big green candle on a single day or a short span of time.

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peter0425
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August 13, 2020, 07:20:31 PM
 #120

Those people are more likely the new ones in this industry. If they have experienced the ups and downs before, they should have an idea of how this "game" works. By simply comparing its market value way back 5 years ago, one could be worry of what to expect and not to. Many of those who are just anticipating another "ATH" are the ones  who would more likely regret things, once a crash AGAIN occur. Just let things be, if you are into investments, then feel free to hold and to sell at a point that won't be regretful in your side.

There's no need to hype yourself since the main "thing" is unpredictable in its nature.

Better to think for yourself and decide if how you see you'll be benefiting from your investment.

Very important to everyone to always research before doing anything, those people who are expecting too much
most of the time are the people who regrets after taking their positions, many of them loses their money as they
are not ready to take the consequence and quickly to decide out of fear in losing more.









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