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Author Topic: Bitcoin will NEVER reach it's ATH anymore.  (Read 932 times)
Sebas.tian
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July 24, 2020, 08:09:20 PM
 #81

Nobody has the idea of the next move from bitcoin, but we'll have speculatives mode about this said Bitcoin. Bitcoin as a speculatives asset can't be determine by anyone but by news. In my opinion, bitcoin will hit again it all time high before this year runs out because the current market spike has clearly shown bitcoin position.

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July 24, 2020, 10:06:20 PM
 #82

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.
The last time i checked every genuine crypto enthusiast will always have healthy approach towards cryptocurrency but doesnt mean they should seize the chance the market create.

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 cant be stop because that the foundation which literally created through trading and for crypto to prove itself been internet gold the speculation news  is needed.



Nobody has the idea of the next move from bitcoin, but we'll have speculatives mode about this said Bitcoin. Bitcoin as a speculatives asset can't be determine by anyone but by news. In my opinion, bitcoin will hit again it all time high before this year runs out because the current market spike has clearly shown bitcoin position.
Crypto market are speculative but that doesnt mean that ordinary news only determine it trend.


Come on. You didn't get the memo. Crypto is in a new bull market. A bull market led by Ethereum.

Like if we had a 2nd Nasdaq bubble led by AOL :v Cheesy Cheesy Cheesy
New bull market? Dont be too optimistic mate because nothing guarantee the bull run marketexistence than the recent pump in price which could be just slightly surge in price and it will be Monday before we can sure it a bull run.

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July 24, 2020, 10:59:32 PM
 #83

Exceeding the ATH is perfectly possible so long as you dont overestimate the stability of main market currencies which are the alternate we measure in.   The recent moves in Dollar show we are likely to see continuing currency weakness and easily making new highs possible.
  Consider the Dollar of 2021 will not be the same dollar of 2017 yet they will appear on the graph as if they were, since value declines every year that FIAT continues it becomes increasingly likely we ascend pricing just so long as BTC maintains itself in capability and population of users.   If we have growth even then its quite reasonable to expect higher prices then $10,000.    All I will argue is patience is required and resilience as are likely to see many negatives even while BTC might rise over years.

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July 24, 2020, 11:18:31 PM
 #84

If bitcoin will rise to $21,000, that's a new ATH, so I'll never agree with you.

Bitcoin is the king of crypto, and we know why it's called as king, for an almost worthless crypto coin, it's now a dream for enthusiast to at least own 1 btc, why? because they believe that 1 btc is worth a lot in the future, meaning they believe that adoption is happening and will continue until the crypto space will get a massive adoption.

Bitcoin is some country are considered as property, so this property is not physical, you can't say it will depreciate, but with continues adoption, it will only appreciate.

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July 25, 2020, 01:31:38 AM
 #85

I think someone's mind cannot be forced, you are too hypocritical if you are not concerned with price, because some people are interested in bitcoin because of high market fluctuations and anytime can increase rapidly, that trust can make it come true, there is nothing wrong if someone hopes impossible thing, because here everything can be real.
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July 25, 2020, 05:21:01 PM
 #86

Come on. You didn't get the memo. Crypto is in a new bull market. A bull market led by Ethereum.

Like if we had a 2nd Nasdaq bubble led by AOL :v Cheesy Cheesy Cheesy
I don't see the bull market just a short tine bullish and not much to be honest with the bitcoin, only price of etherum is getting increase and possibly it will reach 300 dollar mark.

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July 25, 2020, 06:43:41 PM
 #87

Nobody knows if one day bitcoin will reach again another record high in the market ,only time and demand can tell. The important now is the adoption of bitcoin will increase and the way it will be use not just as investment and source of income but also as another form of payment that can be use anywhere and anytime like fiat money.
it is still very difficult for bitcoin to demand FIAT money as a legal payment, due to regulatory issues in some countries that limit the use of bitcoin as a legal payment tool. Instead bitcoin is only used for commodity trading. Bitcoin adoption in several countries is increasingly visible, but still needs time to integrate everything. Bitcoin price speculation that does not make sense only as a stimulus so that bitcoin is able to reach the highest price of the current price.
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July 25, 2020, 06:46:41 PM
 #88

Come on. You didn't get the memo. Crypto is in a new bull market. A bull market led by Ethereum.

Like if we had a 2nd Nasdaq bubble led by AOL :v Cheesy Cheesy Cheesy
I don't see the bull market just a short tine bullish and not much to be honest with the bitcoin, only price of etherum is getting increase and possibly it will reach 300 dollar mark.

yeah, it seems that younger brother (ETH) is pulling up, and BTC just follows ETH, it was usually the other way around, but now, ETH is pulling the ropes up, and already passed 0,03 BTC, i think that it can go up more than that, which is actually good for BTC as well
we have interesting times in front of us, that is for certain
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July 25, 2020, 07:29:03 PM
 #89

One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.

People will discuss the bitcoin market price. There are many types of people here. There is a group of people who come to the crypto market with the idea of ​​getting rich quick. They are always busy discussing prices. Prediction is easy to give but it remains to be seen what the reality is. Those who are long-term investors do not always verify the value of Bitcoin in the market. They set their targets and when the time comes they will take their profits. Bitcoin will be discussed. Because Bitcoin is now in the hands of traders and investors

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July 25, 2020, 07:49:12 PM
 #90

It seems that most of us are slowly accepting that Bitcoin would never reach a new ATH since we have been years looking at Bitcoin to actually see it break a new ATH. Well, IMO that's good since most people are exaggerating to point how Bitcoin should reach or what figure it should reach by this and that time which is kind of out of the blue. I expect something bullish next year since Bitcoin halving is already done and I'm sure there is a bull run during that time. But I don't know what figure we will be seeing but it doesn't matter anyway as long as I can make a profit.

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July 26, 2020, 12:21:20 AM
Last edit: June 12, 2023, 02:53:03 AM by STT
 #91

Both will show up, thats the scary thing and why nobody should wish for any of this to occur but it likely will.     

Quote

Heres the quote Im thinking of, I take it seriously as they did have great troubles with currency at that time and upheaval obviously.   The part that rings true or makes me think especially is he mentions the alternation between both inflation and deflation.   Its the instability which causes so much damage and loss, inflation of course is a process of excess issuance where the people lose purchasing power.   Deflation also represents the same loss with bad debts more evident.     This volatility will likely lend a greater benefit to holding or the ability to hedge some costs outside of a centralised currency in BTC which is very deliberate in its regular schedule of supply.   Just that attribute alone can lead to new highs, every price is a weighing scales of factors and of supply and demand and BTC likely has a growing use to a wider audience hence bullish.

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July 26, 2020, 05:19:46 AM
 #92

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.
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July 26, 2020, 05:28:57 AM
 #93

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.
Predictions from YouTubers? I don't believe them anymore as I grow older on bitcoin. I've learned that all of them are giving mere guess and thoughts about the market but they're not reliable where the actual market is heading.

We believe and knew that bitcoin is a speculative asset but it doesn't mean that we rely and believe to those YouTubers in the current time. It's a matter of time that we start to realize that many predictors and speculators are there but, it's still the market's call whom you should rely to.

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July 26, 2020, 06:20:57 AM
 #94

Come on. You didn't get the memo. Crypto is in a new bull market. A bull market led by Ethereum.

Like if we had a 2nd Nasdaq bubble led by AOL :v Cheesy Cheesy Cheesy
I wish that this crypto bubble will never burst in the near future when everyone is expecting a decent pump, but already it has burst twice first when MtGox crash and the last one was the one year low after 2017 ATH of bitcoin price.

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.
Those big youtubers are good for nothing and only good in predicting the pump and dumps of altcoins having low market cap where they and their subscribers are the major driving force but in case of bitcoin, it isn't possible because of the market cap and daily traded volume of bitcoins above billions of dollars combined.

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July 26, 2020, 07:08:09 AM
 #95

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.

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July 26, 2020, 10:04:00 AM
 #96

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.
How come that the Price going up and down is advantage?this is not advantageous for Bitcoin but only for the traders.

Because this is a currency and need to be use to circulate,but now what people do?using it as materials for Holding and only few had circulating it.
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.
What about those youtubers?lol do you think people still believe on what they are saying?people  now need proof that is the same reason why many still become a victims of scam since they are luring with genuine income at first but sooner?they will take your investments and your profit also.

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July 27, 2020, 09:32:13 PM
 #97

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.

Nothing is impossible and we do know that and it can happen from time to time specially into this very unpredictable market of cryptocurrency on where price is too volatile.

We are actually half way from ATH and we do able to see the current price movements and if this one would continue then we might able to see or touch it soon but it wont really be that simple

yet we do still need to experience of a hell bumpy ride or roller coaster thing. Reaching out that goal or even beyond that would take up long patience.

R


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July 27, 2020, 10:29:54 PM
Last edit: July 28, 2020, 12:15:20 AM by STT
 #98

The action we've seen today is off the scales, its broken its price range now and exceeded all expectations.  I can see odds of 108.95 to 1 for a $11,500 price from just a week ago or so.     Very good returns for those who were bullish from its previous delays.
  Regarding the OP I would've just mentioned that we have now exceeded the 2019 peak closing weekly prices, so thats quite impressive recovery to me.   Eventually very long term I do expect it to pass even the highest prices from 2017 but I did not guess this for 2020 more like 2021 and even now I'd estimate this target.

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July 28, 2020, 05:59:12 AM
 #99

~Snip

Nothing is impossible and we do know that and it can happen from time to time specially into this very unpredictable market of cryptocurrency on where price is too volatile.

We are actually half way from ATH and we do able to see the current price movements and if this one would continue then we might able to see or touch it soon but it wont really be that simple

yet we do still need to experience of a hell bumpy ride or roller coaster thing. Reaching out that goal or even beyond that would take up long patience.
Well, if this year the price of bitcoin can be more than $ 16k, or close to $ 20k, then I'm pretty sure the new ATH can be obtained. to be honest, we are all just speculating, it's just that, when the price has been stable for so long at $ 9k, people think that bitcoin won't reach its new ATH anymore, but every bit of price increases achieved by bitcoin, will surely create new hopes. we will see it.

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July 28, 2020, 03:19:17 PM
 #100

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.
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