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Author Topic: What if Bitcoin never reaches a new ATH?  (Read 1593 times)
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December 29, 2019, 02:51:04 PM
 #81

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

No new ATH would mean not much further evolving of Bitcoin - as technology and as acceptance/use too. It would mean Bitcoin dying. It would make the miners leave. It would be bad.
But I don't think that this can realistically happen.

Also, how many years means "never"?!  Wink
For me it is not possible, bitcoin will surpass its previous all time high but it will take time. But if the bitcoin will not achieve the new all time high then it means that the demand is gradually decreasing and the buyers are overwhelmed by buyers. As time passing by technology become more advanced and we humans need improvement and for sure that there are many people who wants to adopt bitcoin.
If bitcoin will not reach its ATH, many people will be disappointed specially those who are supporters of bitcoin. But it will never happen, bitcoin halving will trigger the price of bitcoin. And probably, it will be the sign for bitcoin to surpass its ath. It is the awaited news of the people around cryptocurrency.



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December 29, 2019, 02:58:33 PM
 #82

i dont know if ATH is must for people to sustain their investment in bitcoin, there were lots of holders in the market are just only spectating in the market and there were no eagerness for the ATH because for me as long as the price are moving there is no reason for someone to panic.
For quite some time the bitcoin is just moving in a short price point that's why people are not that panicking. It does not matter if bitcoin does not move in a higher price point, as long as people sees an opportunity to have a decent profit that may be the time we will see a more volatile market. The price of bitcoin, though it is not above its ath, the time it will be at higher than it is now, that is the time we will see a more propagating market that is for sure.

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December 29, 2019, 04:04:50 PM
 #83

i dont know if ATH is must for people to sustain their investment in bitcoin, there were lots of holders in the market are just only spectating in the market and there were no eagerness for the ATH because for me as long as the price are moving there is no reason for someone to panic.
For quite some time the bitcoin is just moving in a short price point that's why people are not that panicking. It does not matter if bitcoin does not move in a higher price point, as long as people sees an opportunity to have a decent profit that may be the time we will see a more volatile market. The price of bitcoin, though it is not above its ath, the time it will be at higher than it is now, that is the time we will see a more propagating market that is for sure.
People aren't in a panic selling now that's why bitcoin is quite stable for a week without the fud and dramas it really helps the market to stay like this. If people already know how to play with the market's movement then i really think they did learn their mistake from the past. Bitcoin halving will bring and give us a new ATH when it comes.

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December 29, 2019, 04:40:32 PM
 #84

i dont know if ATH is must for people to sustain their investment in bitcoin, there were lots of holders in the market are just only spectating in the market and there were no eagerness for the ATH because for me as long as the price are moving there is no reason for someone to panic.
For quite some time the bitcoin is just moving in a short price point that's why people are not that panicking. It does not matter if bitcoin does not move in a higher price point, as long as people sees an opportunity to have a decent profit that may be the time we will see a more volatile market. The price of bitcoin, though it is not above its ath, the time it will be at higher than it is now, that is the time we will see a more propagating market that is for sure.
People aren't in a panic selling now that's why bitcoin is quite stable for a week without the fud and dramas it really helps the market to stay like this. If people already know how to play with the market's movement then i really think they did learn their mistake from the past. Bitcoin halving will bring and give us a new ATH when it comes.
if people already understand market movements and also good investment methods, bad news will not be able to influence it, but maybe more to new people who are still encouraged by the news, but if the numbers are small then the market will not be affected.

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December 29, 2019, 07:32:20 PM
 #85

bitcoin halving will trigger the price of bitcoin. And probably, it will be the sign for bitcoin to surpass its ath. It is the awaited news of the people around cryptocurrency.

Beware, Bitcoin halving may be overrated. It clearly has to have a rising effect on the price, but there's a good chance that rise is already in the current price. Don't forget that we are at more than double of this year's low!
Of course, Bitcoin can still rise a lot - with or without this halving.

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December 29, 2019, 07:59:06 PM
 #86

Anything is possible - it's a crypto, but I think that every year the crypto will develop and therefore over the years Bitcoin will grow and reach the previous ATH.

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December 29, 2019, 08:16:54 PM
 #87

If Bitcoin never gets back to $20,000 then it could be considered a failure. Since it is designed to be deflationary, it should always gain value compared to fiat. If it doesn’t do that then it’s not really holding value.

 
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December 29, 2019, 08:25:00 PM
Merited by Bitcoin_bullish (1)
 #88

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.
I have to say this:  you know it's a great time to be buying bitcoin when threads like this start getting made.  There are no doubt lots of people who've lost faith in bitcoin as an investment after watching it drop from $20k in 2017 and then from $13k this year.  They probably think bitcoin is never going to see any substantial price action again, and they're losing hope.

So I say again, buy when others are fearful.  That's probably some of the best advice I've heard about trading, and I don't think the general mood of the crypto market could be more fearful right now. 

Don't lose hope that bitcoin will get to another ATH, because it will.  I don't know if that's going to happen next year, the year after, or what, but it's going to happen eventually.  Just like I kick myself that I didn't save all the bitcoin I had from 2015, I don't want to be kicking myself down the road for having gotten rid of the bitcoin I had in 2019.  If I had more money at my disposal I'd be sinking most of it into bitcoin right now.

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koinsever
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December 29, 2019, 08:34:39 PM
 #89

allways there will be a ATH. because people wants to see this. everybody waiting, expecting a new ATH. in time its gonna be happen. today tomorrow or next year. its a cycle. yes there will be a new ATH. but important question is "when".

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December 29, 2019, 09:48:23 PM
Last edit: December 29, 2019, 10:02:31 PM by Bitcoin_bullish
 #90

Bitcoin is about to reach 80% dominance, crashing shitcoins to zero and still we watch and care about youtube shills that offer nothing to the community.
This is what needs to be fixed.

Fix it in what way? The only way is to completely ban everything related to crypto on YT, but it's not a good solution. I agree that most of these videos just mislead viewers, but still, everyone should try to understand how today's marketing works, not just on YT, but on all other media. Everyone has to choose when investing their money, every coin has its risks, and so does BTC. Far greater security is when investing in BTC, because there is some sense and purpose behind this project, but if one wants to invest in Cardano or ETH, let them learn from their mistakes.


What I meant to say is that we gave them undeserved attention and support as a community after they got banned. We shouldn't even bother with most of them for the reasons I stated in the original comment. I don't mean we should take action against them.
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December 29, 2019, 10:11:45 PM
 #91

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

You have said it all "patience is a virtue ". Before making any investment decision,  you should make proper enquiries that will help to engender trust.
In cryptocurrency investment, you loose money without blaming anyone about your investment decision.
Let's not talk about media speculation,  what is your personal analysis that made you believe in Bitcoin?
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December 29, 2019, 10:40:15 PM
 #92

The Bitcoin price may rise to the highest level again. A new ATH might come. Or not. But the price was very playful. Bitcoin still offers many earning opportunities. Surfing in the waves is very difficult. Buying only bitcoin does not save you money. You need to make the purchase from the right spot.
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December 29, 2019, 10:51:20 PM
 #93

I'll still be happy if it never happens of course as long as it doesn't lose value and go down to 3000 because I treat it as a store of value.
 
I'd be happy if it gained a few hundred USD per year and take the next 5+ years to reach 20 thousand again. It's still a much better rate than banks offer and much safer than storing fiat money under your bed.
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December 29, 2019, 11:35:42 PM
 #94

If it is true that the price of bitcoin never reaches a new ATH, all we can do is hold bitcoin until the price reaches ATH or even exceeds ATH.
Because in my opinion bitcoin is now too strong to fail, that means sooner or later the price of bitcoin is definitely reach back to the ATH price.
Just the time that we all don't know yet, can happen in 2020 or the following year. Surely I'm very optimistic that bitcoin will reach ATH.

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December 29, 2019, 11:46:09 PM
 #95

As you have rightly said, patience is the key here, nevertheless, Bitcoin will surely reach another all-time here in the future when we have a well-regulated environment. Institutional money will flow in which will bring more confidence to traders and investors. The future of digital currency is bright in my own opinion.

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December 29, 2019, 11:59:07 PM
 #96


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
If Bitcoin has never reached new ATH, then it has become part of the crypto market destiny. But I think it is still a mystery when and when BTC can achieve new ATH since the end of 2017. Therefore I don't want to speculate about the price of Bitcoin.

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December 30, 2019, 04:16:01 AM
 #97

Let us not underestimate bitcoin. It could still reach new ath in the future. But if not, then let's just accept it and be prepared for it. It is not like, not having a new ath is the ending of bitcoin. Bitcoin will still continue for a long time and there's always a possibility of it achieving new ath. We just need to be patient in waiting.

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December 30, 2019, 04:56:29 AM
 #98

Let us not underestimate bitcoin. It could still reach new ath in the future. But if not, then let's just accept it and be prepared for it. It is not like, not having a new ath is the ending of bitcoin. Bitcoin will still continue for a long time and there's always a possibility of it achieving new ath. We just need to be patient in waiting.
I believe that Bitcoin is able to reach its new ATH, especially if later all countries want to accept Bitcoin so the demand for Bitcoin will increase and of course it will make the price of Bitcoin rise dramatically. But some people are waiting after the Halving moment, many believe that after that the Bitcoin price will Pump.
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December 30, 2019, 05:59:33 AM
 #99

People were saying the same when Bitcoin was under $1k and same question is being raised now. Why to wait for ATH always. If you can trade properly, then you can take profits in short term too.
Right now, there's a lot of fuss around the halving. People are skeptical about the price rise which is didn't happen would make mining Bitcoin expensive. This can make many miners leave which in turn can cause network congestion.
Right now, Bitcoin actually would have to breach the ATH for it to be sustainable.
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December 30, 2019, 06:01:34 AM
 #100

Let us not underestimate bitcoin. It could still reach new ath in the future. But if not, then let's just accept it and be prepared for it. It is not like, not having a new ath is the ending of bitcoin. Bitcoin will still continue for a long time and there's always a possibility of it achieving new ath. We just need to be patient in waiting.
I believe that Bitcoin is able to reach its new ATH, especially if later all countries want to accept Bitcoin so the demand for Bitcoin will increase and of course it will make the price of Bitcoin rise dramatically. But some people are waiting after the Halving moment, many believe that after that the Bitcoin price will Pump.

I also think that but I am thinking that it would not be easy to reach another pump like before because it is different year from 2017. I don't expect much from this upcoming year 2020 and just wait and hold much more bitcoin until the time comes to avoid regrets.



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Rainbot
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