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Author Topic: What if BTC never reaches all time high?  (Read 1154 times)
Ronaldcoin2017
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April 10, 2020, 05:02:02 AM
 #81

If bitcoin never reaches all time high maybe people will not going to be more excited on investing into it. If bitcoin is remain its value from the start maybe it will not going to be exciting. Bitcoin is amazing because it is high on volatility and everyone can really earn on it depending on how we take action or handle our emotions on crypto feild.
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April 10, 2020, 08:01:04 AM
 #82

If bitcoin never reaches all time high maybe people will not going to be more excited on investing into it. If bitcoin is remain its value from the start maybe it will not going to be exciting. Bitcoin is amazing because it is high on volatility and everyone can really earn on it depending on how we take action or handle our emotions on crypto feild.
Indeed. There could be some people who will lose their interest to maintain their long term investment in bitcoin if it doesn't reaches the all time high because their expectations will end up a disappointment. But i still believe that bitcoin will still reach it's all time high that it really takes a lot of time for it to reach.

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April 10, 2020, 11:12:02 AM
 #83

well for now maybe some traders are still waiting and saving up for investment, lets just wait for them and then the btc price will become high again and soon i believe that it will reach its high peak again like the price way back 2018 when it reached the 20,000 dollars that time and i cant wait for that to happen again soon. and for my advice as an investors we should wait for others to become a part of our this forum again

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April 10, 2020, 11:33:49 AM
 #84

It is no problem if bitcoin never reaches an all-time high, but I wonder if that is right or not because the last time higher is almost at $20k, and the second is at $13k. I am expecting the next higher bitcoin price is at $15k-$17k before we make another high price, and that means, the bitcoin price can go more than $20k. It is interesting to wait for the price can make the new highest price, whether it will happen in this year or next year. So we need to wait and see while we can do another thing to pass the time.

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April 10, 2020, 11:41:43 AM
 #85

Bitcoin is a different market, there's no competition on bitcoin, it is dominating the crypto market so if crypto would boom, bitcoin should lead the way.
This is a revolutionary invention, when people keep adopting to crypto, that would only mean a growth of demand and the growth of demand will simply increase the price, we can only use a simple math here and for sure we will see what's its future be look like.

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April 10, 2020, 12:02:37 PM
 #86

Maybe this indicator is just a coincidence,

Hey guys, bitcoin enthusiasts are always increasing because bitcoin is a decentralized digital currency, when you buy a cup of coffee, and pay it with 1Lot of shares, the coffee seller will refuse your payment Roll Eyes,
but if you pay for coffee with bitcoin, the coffee seller will receive your payment Shocked
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April 10, 2020, 12:19:38 PM
 #87

Bitcoin is a different market, there's no competition on bitcoin, it is dominating the crypto market so if crypto would boom, bitcoin should lead the way.
This is a revolutionary invention, when people keep adopting to crypto, that would only mean a growth of demand and the growth of demand will simply increase the price, we can only use a simple math here and for sure we will see what's its future be look like.

Different for the other since this new technology but if you compare the both stock if you mean this, you can find that there's an actual similarities since we are trading it to earn and stake with it if we like. But although we are doing great for the past several years for the adoption will grow and might we can see a bigger changes to the price due to number of people  growing.

R


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April 10, 2020, 01:49:31 PM
 #88

What if BTC never reaches all time high?

Look what happened to Japan stock index Nikkei 225:
https://adjusted-for-inflation.com/japanese-stock-market-nikkei-225/

It peaked in year 1990 at 38800 and only managed to get back to 24800. Now it looks likely it will never reach its all time high anymore.
I guess it is not a good idea to compare Japan's stock with bitcoin because one simple different is bitcoin is having adopters from all over the world and I am not seeing anyone from my country not investing with Japan's stocks. I remember there were lots of topics by 2015 which talked about what if bitcoin would not be moving forward.

Like anyone, for me too the future of bitcoin is a mystery, everyone is unsure as to whether there is going to be another all time high price and Bitcoin beating the last all time high price. But if Bitcoin doesn’t beat it’s last all time high price, I wouldn’t be much worried about that, it doesn’t mean that you wouldn’t be able to make any profit, there will still be some fluctuations and you will make profit just like we are seeing it now. I’m very okay with the price and most times the price is nothing that I worry about because I know that things will always get better.

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April 10, 2020, 01:54:47 PM
 #89

It could be, we cannot really tell what is going to happened in the market in the coming months as we know there are so many predictions about the market price of bitcoin but still, we don't know what could happen.

Through my experience in bitcoin, it is already capable of reaching the ATH 20000$ in the market at any moment, but still even myself I doubt it because there are just so many factors plus we have a crisis that could potentially affect the market price of bitcoin. No doubt that bitcoin could reach ATH but we just don't know when it will going to happen but we could surely expect a movement in the market price of bitcoin in the coming bitcoin halving so I guess we just need to invest already since the market was a dump in the past weeks.

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April 10, 2020, 05:04:31 PM
 #90

Maybe this indicator is just a coincidence,

Hey guys, bitcoin enthusiasts are always increasing because bitcoin is a decentralized digital currency, when you buy a cup of coffee, and pay it with 1Lot of shares, the coffee seller will refuse your payment Roll Eyes,
but if you pay for coffee with bitcoin, the coffee seller will receive your payment Shocked
Yes, stock is an asset whether bitcoin is a payment mode so its not okay to compare it with a random stock.No one knows when it will reach new height but will for sure and that same kind of mindset has been with most of the crypto enthusiasts.
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April 10, 2020, 09:31:44 PM
 #91

Bitcoin will function exactly how it was designed, regardless of its price. People should stop speculating and learn more about why Bitcoin was designed in the first place.

Exactly. I don't get why people are complaining about Bitcoin's price in terms of Fiat, since it was intended to be an alternative to the current monetary system? Back in Bitcoin's early days, there were no exchanges that would trade Bitcoin to Fiat or vice versa. Everything was made directly in Bitcoin from one person to another. The current sentiment of everyday people, shows that they still don't understand how crypto/Blockchain tech properly works. As long as people continue to speculate about Bitcoin's prices in terms of Fiat, the cryptocurrency won't be able to reach mass adoption within the mainstream world.

Things aside, true believers of the cryptocurrency would use it directly for mainstream transactions regardless of its price. As I always say, 1 Bitcoin will always be equal to 1 Bitcoin. There are many jobs out there which pay you directly on Bitcoin instead of Fiat. The same way, there are businesses and merchants accepting Bitcoin directly as payment method. The more people continue to use Bitcoin independently from Fiat, the better it'll be for its adoption in the mainstream world. The crypto economy will benefit more if people use it directly as a unit of account, instead of relying on Fiat for everything.

Nonetheless, I wouldn't worry if Bitcoin's prices in terms of USD never reaches an All-time-high. The situation looks very unlikely to happen anytime soon since Bitcoin is scarce by design. Every 4 years, Bitcoin experiences a reduction in block reward that should increase its value over time. But knowing that the market is highly speculative, anything could happen in the future. Prices can either go up or down in an instant. At least, Bitcoin is functional as a decentralized cryptocurrency for daily payments. And that's what matters here. Just my thoughts Grin

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Kelvinid
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when lambo...


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April 10, 2020, 11:38:12 PM
 #92

Maybe this indicator is just a coincidence,

Hey guys, bitcoin enthusiasts are always increasing because bitcoin is a decentralized digital currency, when you buy a cup of coffee, and pay it with 1Lot of shares, the coffee seller will refuse your payment Roll Eyes,
but if you pay for coffee with bitcoin, the coffee seller will receive your payment Shocked
Yes, stock is an asset whether bitcoin is a payment mode so its not okay to compare it with a random stock.No one knows when it will reach new height but will for sure and that same kind of mindset has been with most of the crypto enthusiasts.
As I understand, he is not comparing the local stock from crypto but he is trying to put an example of what could possibly to happen when we are using crypto. Of course, they are different and we are pertaining to become a currency not an asset but most of us here are considering as an investment rather than to be as another payment option.

If we all are supporting crypto, it definitely, we can see a huge market demand and a way of seeing another ATH. But unfortunately, we are far from that. We can see pumps but not good enough to make it. 

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Oceat
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April 10, 2020, 11:52:44 PM
 #93

Well, with the situation we are in right now it is possible that Bitcoin might not reach the ATH but Bitcoin doesn't stop right there. There's a lot of time and chances that it would reach another ATH again although we aren't that so sure yet when would that going to happen in the future. Bitcoin is more than just a speculation it is a technology that can make things easier without the hassle that we experience from the other platform.

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April 10, 2020, 11:57:00 PM
 #94

Well, with the situation we are in right now it is possible that Bitcoin might not reach the ATH but Bitcoin doesn't stop right there. There's a lot of time and chances that it would reach another ATH again although we aren't that so sure yet when would that going to happen in the future. Bitcoin is more than just a speculation it is a technology that can make things easier without the hassle that we experience from the other platform.

Yeah, as long as we are here, reaching the ATH will always be possible. Now, that more users are getting into crypto, it will create demand in the market especially when this pandemic is over. Right now, don't expect that bitcoin will shoot up. We have to understand the situation we are in. It might take years to see that 20k again but I strongly believe that it will happen in our lifetime. If people are ignoring bitcoin or crypto, then, that's the time that we need to be worried about its future.
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April 11, 2020, 02:48:26 AM
 #95

As long as BTC continues to exist, it is fine if it never reaches a new all-time high,

Its users will still continue to use it and benefit from using it. Also, as long as we continue to use bitcoin, the possibility of it to reach a new all-time high is still there, what we just need is to wait for the right time for it to recover.


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Latviand
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April 11, 2020, 09:13:03 AM
 #96

it would be a great day because you will finally realize that bitcoin is not defined by its price but by the utility that it provides as a decentralized payment system.

That's right, because as its price is increasing so high, people treat bitcoin as getting rich scheme and that's not the purpose of it. As a decentralized payment system, it should be used properly in the market and many transactions. People mistreated the true worth of something if they find out that it has something more to do compared to its normal value. I know it is not easy to handle greed if you know that something that you have can change your life because of its high value in the market, but you always need to keep in your mind that bitcoin is the future of transactions. Bitcoin is very good at manipulating in the market as it helps the economy grow whenever this bitcoin increase its price from time to time.
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April 11, 2020, 11:12:00 AM
 #97

Basically, it is not suitable to compare bitcoin with stocks because it is likely to be difficult for stocks to reach ATH but not for Bitcoin. Look at the effects that can pump bitcoin in an instant while stocks require a long period of time for a significant increase, there are many differences between the two.

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rodskee
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April 11, 2020, 11:19:47 AM
 #98

There is nothing if somehow BTC wont go ATH again, BTC will stay nothing to worry about.
Because in time things will favor the market again,and there is no thing as 'Never' since this Currency ha a promise of being in the circulation for long time and price will eventually grow no matter what happens.
in year or so like what happened in the past the value wlll somehow reach another High it may not High like 2017 but at least like 2019 3rd quarter is enough.
and also having adoption happening before the pandemic arise?like Korea and India?sure we will see good Move in 5 years or so.

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April 11, 2020, 01:59:51 PM
 #99

What if BTC never reaches all time high?

If ever that BTC will never reach an all-time high, there are other times that it might reach a new one. But you know, I don't think that it will happen, as we all know, over the past years, bitcoin continues to increase its price. There are ups and downs, but it is certain that its price movement is going up.
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April 11, 2020, 03:17:00 PM
 #100

Maybe this indicator is just a coincidence,

Hey guys, bitcoin enthusiasts are always increasing because bitcoin is a decentralized digital currency, when you buy a cup of coffee, and pay it with 1Lot of shares, the coffee seller will refuse your payment Roll Eyes,
but if you pay for coffee with bitcoin, the coffee seller will receive your payment Shocked
Yes, stock is an asset whether bitcoin is a payment mode so its not okay to compare it with a random stock.No one knows when it will reach new height but will for sure and that same kind of mindset has been with most of the crypto enthusiasts.
As I understand, he is not comparing the local stock from crypto but he is trying to put an example of what could possibly to happen when we are using crypto. Of course, they are different and we are pertaining to become a currency not an asset but most of us here are considering as an investment rather than to be as another payment option.

If we all are supporting crypto, it definitely, we can see a huge market demand and a way of seeing another ATH. But unfortunately, we are far from that. We can see pumps but not good enough to make it. 
We already had enough to be honest, bitcoin reached from 3000 to 7000 in real soon but those stocks are not upto that level and more over after this corona ends we may have more support coming to cryptos from new people because now they may realized and recognized what bitcoin is actually created for.
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