Abiky (OP)
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December 27, 2019, 10:08:01 PM |
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Ever since strict regulations were introduced in 2017, we've seen a substantial decline in Bitcoin's price across the market. It's believed that 2017 was the year where Bitcoin and other cryptocurrencies went "mainstream" as many people adopted them for their own benefit. The introduction of new regulations, ETFs, futures trading, and Bitcoin forks (BCH, BSV, etc.) could've had an impact over Bitcoin's price. Whales could be manipulating Bitcoin's price as we know, preventing the pioneer cryptocurrency for reaching new All-time-highs in price. Imagine if every Bitcoin halving, prices would remain the same or lower than they were before. This would turn out to be completely unsustainable for miners, resulting in decreased security of the Bitcoin blockchain. Of course, the way Bitcoin was designed tells us that price should be going up over time. But I've seen how regulations and events in the mainstream world have negatively impacted Bitcoin's price to a point where it has taken a very long time to rise back up to its original levels. It's been almost 2 years since a bear market occurred (2018), and could last longer as we know it. As it's said, "Patience is a virtue". We as "hodlers" of Bitcoin should be patient in order to see better results in the future. But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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southafricadude
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December 27, 2019, 10:16:31 PM |
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Bitcoin will reach another ATC after the next halving, just like each time before, and probably each time after. The bitcoin price right now is based in part on supply and demand. The biggest sellers of bitcoin are miners who sell in order to cover costs. After each halving, the amount of bitcoin miners can sell is cut in half forever, while demand rises. There is a constant stream of new users, new wallets, more transactions etc. The ecosystem is constantly growing, demand is constantly growing, but traders, whales and market manipulators will mean its a little harder to see. Zoom out, bitcoin is volatile in an upward trajectory, and always will be.
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AjithBtc
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December 27, 2019, 10:21:24 PM |
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If one more time the all time high is being achieved every cryptocurrency users will enjoy like anything. For a much longer time period there is more and more expectations with the growth in the price of bitcoin. Because, the rest of the cryptocurrencies will follow the growth of bitcoin. This way everything is interlinked with the growth of bitcoin. An ath from bitcoin will happen, but this time it'll happen in a slow and steady way, not like the one that happened previously resembling a bubble.
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bitcoindusts
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 01:09:49 AM |
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As it's said, "Patience is a virtue". We as "hodlers" of Bitcoin should be patient in order to see better results in the future. But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) We cannot remove the fact that there is a possibility that Bitcoin will never reach a new ATH the same thing that it will reach a new one. With the design of Bitcoin supply, the spreading awareness of people and growing community of Bitcoin, I would not worry about the not breaking ATH things because those stated conditioned are designed to strengthen and increase the price of Bitcoin. It may take long but will definitely break the recent ATH price of Bitcoin.
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Artemis3
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December 28, 2019, 01:35:47 AM |
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Ever since strict regulations were introduced in 2017, we've seen a substantial decline in Bitcoin's price across the market. It's believed that 2017 was the year where Bitcoin and other cryptocurrencies went "mainstream" as many people adopted them for their own benefit. The introduction of new regulations, ETFs, futures trading, and Bitcoin forks (BCH, BSV, etc.) could've had an impact over Bitcoin's price. Whales could be manipulating Bitcoin's price as we know, preventing the pioneer cryptocurrency for reaching new All-time-highs in price. Imagine if every Bitcoin halving, prices would remain the same or lower than they were before. This would turn out to be completely unsustainable for miners, resulting in decreased security of the Bitcoin blockchain. Of course, the way Bitcoin was designed tells us that price should be going up over time. But I've seen how regulations and events in the mainstream world have negatively impacted Bitcoin's price to a point where it has taken a very long time to rise back up to its original levels. It's been almost 2 years since a bear market occurred (2018), and could last longer as we know it. As it's said, "Patience is a virtue". We as "hodlers" of Bitcoin should be patient in order to see better results in the future. But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) That situation might simply delay the day when the limit will be breached, but i'm sure that day will come. Sooner or later Bitcoin will reach 20k. If it gets more stable, as you say, it might simply take more time, years or decades, doesn't matter. But i'm quite sure it won't lose its value permanently. I actually expect that, the price will remain the same after halving just like you say, if there is a price change it will be before halving, and then a correction depending. You are quite incorrect about security, Bitcoin is secure with almost any hashrate, and this hashrate isn't going to change too abruptly, the network will almost certainly have enough time to adapt gradually to any new situation. You even want to make it look like its some sort of danger, when its actually what its going to happen, and has been happening all these years. Mining is less and less profitable, therefore there will be less miners, but no, it won't make Bitcoin less secure. What you don't get is that if miners leave its because it has become too expensive to mine, and so any "attacks" would be as well, they go together. This is why the security of the network is quite stable regardless. Of course you could argue the network is a tiny bit more secure with many more miners, but the opposite isn't quite so. Mining aside, the value of Bitcoin remains since the vast majority comes from already minted coins in the market. Time has only reduced the amount of coins that come from mining, and has becoming almost negligible. Most of the coins that will ever be are already out there, and the current price is from this supply while the demand tends to increase (pushing the price up). The mining slows this somewhat but its destined to reduce until it disappears. In any case don't expect the ath to be breached anytime soon, but even less expect losing value, it won't, not in long term anyway. There is no reason to ever leave Bitcoin except when you actually want to spend in something. Leaving out of fear that might lose its value, will only lead you to net loss. You WILL repent later. Just hold, and if it goes down, hold tighter (and buy cheap while you can). There should not be a reason to find a time to sell, for selling sake. Bitcoin should be viewed as something you get in but not get out in the long run, just use what you must and hold on to the rest. If you want to play short term trader, that's another subject entirely. As a holder, you shouldn't even think of selling, ever.
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blckhawk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 01:41:55 AM |
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ATH is not that necessary. What to me is more essential is that we have higher demands over Bitcoin by adoption, effectively increasing its price on a steady level, that could be much above where it is right now. If you're anticipating new ATHs, and treating Bitcoin only as a speculative asset for investors to gamble on, it's way off what Nakamoto has it intended for. Though this is what happens this days, it's just not that right to be.
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dimonstration
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 02:01:32 AM |
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Bitcoin will reach another ATC after the next halving, just like each time before, and probably each time after. The bitcoin price right now is based in part on supply and demand. The biggest sellers of bitcoin are miners who sell in order to cover costs. After each halving, the amount of bitcoin miners can sell is cut in half forever, while demand rises. There is a constant stream of new users, new wallets, more transactions etc. The ecosystem is constantly growing, demand is constantly growing, but traders, whales and market manipulators will mean its a little harder to see. Zoom out, bitcoin is volatile in an upward trajectory, and always will be.
It might not be next halving yet but will definitely have it's new ATH soon, date is yet unknown as the price in 2017 escade too fast. Unlike the price increases it created when halving happens before the 2017 pump. As Bitcoin have limited supply it will have chance to create a high demand especially when demand and use of bitcoin been too popular. We all need to wait for the mean time or trade well to make our portfolio better while ATH is not yet to be seen.
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topbitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 02:11:10 AM |
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Ever since strict regulations were introduced in 2017, we've seen a substantial decline in Bitcoin's price across the market. It's believed that 2017 was the year where Bitcoin and other cryptocurrencies went "mainstream" as many people adopted them for their own benefit. The introduction of new regulations, ETFs, futures trading, and Bitcoin forks (BCH, BSV, etc.) could've had an impact over Bitcoin's price. Whales could be manipulating Bitcoin's price as we know, preventing the pioneer cryptocurrency for reaching new All-time-highs in price. Imagine if every Bitcoin halving, prices would remain the same or lower than they were before. This would turn out to be completely unsustainable for miners, resulting in decreased security of the Bitcoin blockchain. Of course, the way Bitcoin was designed tells us that price should be going up over time. But I've seen how regulations and events in the mainstream world have negatively impacted Bitcoin's price to a point where it has taken a very long time to rise back up to its original levels. It's been almost 2 years since a bear market occurred (2018), and could last longer as we know it. As it's said, "Patience is a virtue". We as "hodlers" of Bitcoin should be patient in order to see better results in the future. But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) About miner or anything that related to system maybe i don't know. If me maybe i will keep earning bitcoin as long i still can do it. Because i actually never expect if bitcoin can reach it's ATH when pumped. And if in next bitcoin maybe stable, as long it not reach $1000 i think i will keep earning bitcoin.
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xvids
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 02:16:49 AM |
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As it's said, "Patience is a virtue". We as "hodlers" of Bitcoin should be patient in order to see better results in the future. But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Then we just have to deal with it, We all know that investment always have a risk and it is the risk of investing in Bitcoin. We couldn't guaranty that there wouldbe a next ATH we could just assume so it is the risk that we are taking for investing in Bitcoin for a long term.
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CryptoBry
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 02:32:05 AM |
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Since many are are expecting that the next halving will really pushed the price of Bitcoin significantly or over and above the last ATH recorded, then probably many can be disappointed and some can be discouraged to continue on holding Bitcoin. Let's see how the market dynamics can be interacting once there can be new ATH as produced by the halving. However, we know that Bitcoin has many surprises on its sleeves so maybe the best thing to do is just for the many things to happen before, during and after the halving.
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Getmon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 03:00:05 AM |
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Then so be it.
If Bitcoin will not reach a new ATH then I will probably lose as an investor. But I will never lose as a user and an adopter. The freedom that it gives is enough for me to continue using it despite its price not rising.
What I only hope is that Bitcoin is going to become widely accepted as possible so that everyone can use it easily.
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bassbity
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December 28, 2019, 03:19:56 AM |
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I don't know if bitcoin will reach the new ATH after splitting in half because there are indeed many people splitting in half is a way to increase bitcoin prices to soar higher, but I don't care because the price fluctuations are so uncertain, as long as the price of bitcoin is more stable above $15,000 would be far better than having to wait for an uncertain ATH. Many adoptions have been carried out everywhere but the price of bitcoin is still lacking somehow but I also don't know.
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DabsPoorVersion
Sr. Member
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December 28, 2019, 03:33:27 AM |
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If new ATH will never come, bitcoin hodlers will lose their hope and probably sell their holdings immediately (but only for the weak hands). But for some like me, I will still hold and will never lose hope that the new ath will come in the near future. I will still hold and keep on using bitcoin.
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iamaruf
Sr. Member
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December 28, 2019, 03:38:52 AM |
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You are watching this market from last two years.That's why you are telling that. You should go back to 2011 and see that time bitcoin crash, after that see the 2017 bitcoin price? So here we can learn holder win in long run and who sold there coin before btc reach ATH,they are crying now. And yes,I believe that bitcoin will reach ATH in 2020/21.
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Janation
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 03:48:11 AM |
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That might lose their investors, yeah.
But there are a lot of strong hand here that would never let go of their Bitcoins and that might change it. Price will continue to change and it is sti volatile so we don't know what might happen. It might lose the interest of investors but as long as it is giving profit to them, I think it will survive.
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Ailmand
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 04:06:56 AM |
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One way or another bitcoin will reach its ATH. It could be because of the halving or for other reasons. Looking at the parabolic cycle and considering that bitcoin and crypto haven't reached the peak of adaptation yet, and not to mention the limited supply of crypto, the price of crypto will reach another ATH.
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Beparanf
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 04:24:52 AM |
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One way or another bitcoin will reach its ATH. It could be because of the halving or for other reasons. Looking at the parabolic cycle and considering that bitcoin and crypto haven't reached the peak of adaptation yet, and not to mention the limited supply of crypto, the price of crypto will reach another ATH.
It will in time, as many will soon to see it's importance. Those holders will soon to benefit once real adoption happens that may cause another ATH. Let's remember that before the ATH achieved before it happens unexpectedly so we will never know when exactly it can be, maybe this halving or next but it will happen once many adopt and believes in BTC again.
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Casdinyard
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 04:30:33 AM |
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ATH is not that necessary. What to me is more essential is that we have higher demands over Bitcoin by adoption, effectively increasing its price on a steady level, that could be much above where it is right now. If you're anticipating new ATHs, and treating Bitcoin only as a speculative asset for investors to gamble on, it's way off what Nakamoto has it intended for. Though this is what happens this days, it's just not that right to be.
I would agree with that than to have a bubble that bursted easily. What we need more is an organic growth that could sustain in the long run moreover will be beneficial for long term holders. I guess we should not expecting ath for now and for next year while it's actually tiring to speculate. Just wait it to happen unexpectedly hence it will come in time. Who knows.
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killerfrost
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2019, 04:39:25 AM |
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One way or another bitcoin will reach its ATH. It could be because of the halving or for other reasons. Looking at the parabolic cycle and considering that bitcoin and crypto haven't reached the peak of adaptation yet, and not to mention the limited supply of crypto, the price of crypto will reach another ATH.
In any case, everything is just a prediction. Currently, the market is difficult to achieve ATH like 2017, but in the future no one knows in advance. We are currently only speculating and hoping the price will increase in the future, with what BTC is showing and every day more people know about BTC, achieving ATH is only sooner or later.
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kotik085
Jr. Member
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December 28, 2019, 05:27:53 AM |
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One way or another bitcoin will reach its ATH. It could be because of the halving or for other reasons. Looking at the parabolic cycle and considering that bitcoin and crypto haven't reached the peak of adaptation yet, and not to mention the limited supply of crypto, the price of crypto will reach another ATH.
In any case, everything is just a prediction. Currently, the market is difficult to achieve ATH like 2017, but in the future no one knows in advance. We are currently only speculating and hoping the price will increase in the future, with what BTC is showing and every day more people know about BTC, achieving ATH is only sooner or later. Many are worried about the new ATH, especially Bitcoin keepers. But do not be upset, because there are investors who believe in the new ATH. You need to wait a little and who knows, maybe after the month of May, Halving Bitcoin will make you speak differently.
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