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Author Topic: Bitcoin might never reach it's ATH anymore  (Read 1739 times)
AmoreJaz
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September 10, 2020, 11:06:38 PM
 #161

Hello to all. You can say anything - that Bitcoin may never reach its ATH again, that Bitcoin will go much higher. One thing is clear - only time will tell who is right. The only thing I am sure of is that when Bitcoin reaches new highs or new lows, it will happen against the opinion of the mainstream crowd and will be completely unexpected. It is unexpectedness and unpredictability that I like about Bitcoin.

and saying that it will never reach its ATH anymore, is like giving up hope for the future of bitcoin. the possibility is endless in this life. so long humanity exists in this world, we have the chance to see it happen again! maybe not today or tomorrow but in the near future.
 i dont see the reason why people are pessimistic by stating that btc will not reach ATH, who knows, we will achieve a new ATH this time? btc has been here for more than a decade and already achieved a lot of things. as adoption is increasing, we will see that btc will conquer a lot of things that will change the lives of humanity

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September 11, 2020, 06:23:18 PM
 #162

You are certainly very right! But if bitcoin is low in value, it won't be as successful as it is now, and it won't have that value. All the hype is raised by those who are very beneficial to the rise in the price of bitcoin. This means that they have a lot of coins and they earn even more.

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September 12, 2020, 10:36:18 AM
 #163

You are certainly very right! But if bitcoin is low in value, it won't be as successful as it is now, and it won't have that value. All the hype is raised by those who are very beneficial to the rise in the price of bitcoin. This means that they have a lot of coins and they earn even more.

We are all beneficial to the price increase.

That also means that we are also making ways to increase the price of Bitcoin because we unite on what to do when the price dropped, we reinvest. Most of the people here reinvest on Bitcoin whenever the price dropped, that is the reason why even if it falls so low, it will just spring right back up. That is the reason why despite the falls it did, it will just keep on going up.
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September 12, 2020, 11:53:03 AM
 #164

" Bitcoin might never reach its ATH anymore" that's what I thought way back 2016 when I started embracing cryptocurrency in changing my life and it always prove me wrong. Bitcoin was able to fly at $20,000 way back 2017 which surprised me a lot because I was not expecting it to go that big, and I never doubted it since then.

Even though we're in the bear market for 2 years already, that doesn't mean bitcoin would not make another history. Remember, bitcoin that has to be mine is still on the process so it's imposible to conclude that it's gonna go down and down until it's reach the point where it won't have any price at all.
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September 30, 2020, 12:22:13 PM
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 #165

" Bitcoin might never reach its ATH anymore" that's what I thought way back 2016 when I started embracing cryptocurrency in changing my life and it always prove me wrong. Bitcoin was able to fly at $20,000 way back 2017 which surprised me a lot because I was not expecting it to go that big, and I never doubted it since then.

Even though we're in the bear market for 2 years already, that doesn't mean bitcoin would not make another history. Remember, bitcoin that has to be mine is still on the process so it's imposible to conclude that it's gonna go down and down until it's reach the point where it won't have any price at all.

I don't think that it is that easy to get something replaces bitcoin, we would find something in the high trend time back in 2018 when we saw thousands of blockchain applications and how many alt coins has appeared there

all were trying to make a better alternative to take bitcoin down

but what I think is, to replace bitcoin it will be something not about blockchain it will be a new era of technology
none knows what will this be, but at this time bitcoin going to be useless or just a legacy as old money we keep as good memory
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September 30, 2020, 02:15:46 PM
 #166

... that's what I thought way back 2016 when I started embracing cryptocurrency in changing my life and it always prove me wrong. Bitcoin was able to fly at $20,000 way back 2017 ...
Yes, it is true.  There is still a chance to rise above 20k USD as long as there are big investors backing up BTC.  They don't want bitcoin to close or even die, until finally this condition forces them to keep providing livelihoods to miners so that transactions can continue to be processed.  Halving is the most key process in the BTC network.
The halving causes the miners to get less rewards, so big investors must immediately make price adjustments with the aim of keeping BTC exists.
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October 03, 2020, 03:43:44 PM
 #167

You are certainly very right! But if bitcoin is low in value, it won't be as successful as it is now, and it won't have that value. All the hype is raised by those who are very beneficial to the rise in the price of bitcoin. This means that they have a lot of coins and they earn even more.

this depends, big whales can make fack value and manipulate the market for years till they get all their money out of such investment safely or at least with low loses.
we will never have a solid understanding of what is going on by reading the news and watching bitcoin going up and down daily.

better to trade based on hope and pray it will go up and you are lucky enough to win some few bucks, as much as hard work you are going to do still going to have less than 1% of the enough/needed understanding of the whole world news that can affect the market
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October 06, 2020, 08:29:59 AM
 #168

Currently, many people bought bitcoins at a very low price during the bitcoin downtrend of 2018, and many have bought bitcoin before. Bitcoin price increases, you have to perform profit-taking to ensure profit, before reaching 20k bitcoin will have to pass different prices. Everyone's mindset is to make more profits than buying, but Bitcoin can still hit the new ATH threshold because the future is unknown.

we will never know if the coming trend is going to be high or down, it depends on a lot of factors
hopefully, it is going to be a high trend and we will all gain profits Smiley be optimistic
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October 06, 2020, 12:20:16 PM
 #169

Bitcoin could double in price, but if your currency loses half it's purchasing power, it's point-less.

Pricing Bitcoin in fiat is silly in these times - the money printers are hot. 1 BTC = 1 BTC - stack as many sats as you can.

Bitcoin will suck in all the world's fiat value, you just have to be patient.

It's not a conspiracy, it's math. All fiat currencies trend to zero from here. This entire system of trash is going to collapse.

Keep buying Bitcoin, eat well & keep fit - the next wave is coming. Dark times ahead, you want to be prepared.

Don't give your BTC away for shitty DeFi projects, hold your coins on a hardware wallet - chill.

If your friends want to protest about their corrupt government, tell them to buy Bitcoin.

Every dollar exited into Bitcoin, is power back to the people.

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October 06, 2020, 09:17:35 PM
 #170

Bitcoin could double in price, but if your currency loses half it's purchasing power, it's point-less.

Pricing Bitcoin in fiat is silly in these times - the money printers are hot. 1 BTC = 1 BTC - stack as many sats as you can.

Bitcoin will suck in all the world's fiat value, you just have to be patient.

It's not a conspiracy, it's math. All fiat currencies trend to zero from here. This entire system of trash is going to collapse.

Keep buying Bitcoin, eat well & keep fit - the next wave is coming. Dark times ahead, you want to be prepared.

Don't give your BTC away for shitty DeFi projects, hold your coins on a hardware wallet - chill.

If your friends want to protest about their corrupt government, tell them to buy Bitcoin.

Every dollar exited into Bitcoin, is power back to the people.
Being optimistic isnt bad towards bitcoin but you shouldnt really go the the level on where you do really believe that Fiat would end up zero? Even on my own dreams
this thing wont happen as long government do exist.They cant just let this thing happen.

People would still rely nor believe into a thing that they had been using or being dependent since they do able to have awareness about money.
Paper money or Fiat would be always the main deal.

Bitcoin is just an another option to take and i dont really believe that it will replace Fiat anytime soon. Alternative? Yes but No for mainstream.
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October 07, 2020, 01:21:00 AM
 #171



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 are very much into hype once they invested a big amount of money, we cannot stop them from doing this even whales are paying people to hype Bitcoin and coins they are supporting, on your assumption that Bitcoin will not reach an all-time high anymore it's up to you on what you believe but it's easy to beat the last all-time high and it could happen this year.

BACK FROM A LONG VACATION
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October 07, 2020, 01:26:15 AM
 #172

Bitcoin could double in price, but if your currency loses half it's purchasing power, it's point-less.

Pricing Bitcoin in fiat is silly in these times - the money printers are hot. 1 BTC = 1 BTC - stack as many sats as you can.

Bitcoin will suck in all the world's fiat value, you just have to be patient.

It's not a conspiracy, it's math. All fiat currencies trend to zero from here. This entire system of trash is going to collapse.

Keep buying Bitcoin, eat well & keep fit - the next wave is coming. Dark times ahead, you want to be prepared.

Don't give your BTC away for shitty DeFi projects, hold your coins on a hardware wallet - chill.

If your friends want to protest about their corrupt government, tell them to buy Bitcoin.

Every dollar exited into Bitcoin, is power back to the people.
Being optimistic isnt bad towards bitcoin but you shouldnt really go the the level on where you do really believe that Fiat would end up zero? Even on my own dreams
this thing wont happen as long government do exist.They cant just let this thing happen.

People would still rely nor believe into a thing that they had been using or being dependent since they do able to have awareness about money.
Paper money or Fiat would be always the main deal.

Bitcoin is just an another option to take and i dont really believe that it will replace Fiat anytime soon. Alternative? Yes but No for mainstream.

Yeah they aren't going to let it happen easy. There's a lot of evidence already.

-Crack down of KYC/AML for exchanges - ie BitMEX
-Trying to 'crack" privacy coins/Lightning.
-media propaganda - scare tactics.

The more I watch watch what they do, the more obvious it is. They need max control and taxation from people - in order to service the debt & keep the 1% happy. They're striping people of privacy rights/freedom of speech - since COVID it's clear how bad the slavery is.

I agree with a lot what you said - it's not happening anytime soon...it'll probably be a slow burn. Fiat goes to zero because of math - demonetization of money is happening before our eyes. You cannot stop this trend & either can they.

I am so bullish on Bitcoin - it almost hurts lol

It's just so obvious you need to make it most of your net worth. My decision - I'm not endorsing it. Although, it speaks for itself. Buy scarce assets or lose a lot of money to insane inflation - Bitcoin being the best bet right now.

Gold/silver is impractical, manipulated and controlled by CB's - they can have it.

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October 09, 2020, 06:11:14 AM
 #173

Bitcoin could double in price, but if your currency loses half it's purchasing power, it's point-less.

Pricing Bitcoin in fiat is silly in these times - the money printers are hot. 1 BTC = 1 BTC - stack as many sats as you can.

Bitcoin will suck in all the world's fiat value, you just have to be patient.

It's not a conspiracy, it's math. All fiat currencies trend to zero from here. This entire system of trash is going to collapse.

Keep buying Bitcoin, eat well & keep fit - the next wave is coming. Dark times ahead, you want to be prepared.

Don't give your BTC away for shitty DeFi projects, hold your coins on a hardware wallet - chill.

If your friends want to protest about their corrupt government, tell them to buy Bitcoin.

Every dollar exited into Bitcoin, is power back to the people.

optimistic is not enough to describe your great passion, but I respect it and kinda agree with it.

i just can't be 100% sure that it will be soon enough and I will see it before I die Cheesy


this system will collapse and a new system will rise, this will be like in sci-fi movies where we depend on some of the remaining technologies and I can''t find better than crypto transactions to be the way we make deals
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October 10, 2020, 01:23:03 PM
 #174

Currently, many people bought bitcoins at a very low price during the bitcoin downtrend of 2018, and many have bought bitcoin before. Bitcoin price increases, you have to perform profit-taking to ensure profit, before reaching 20k bitcoin will have to pass different prices. Everyone's mindset is to make more profits than buying, but Bitcoin can still hit the new ATH threshold because the future is unknown.

we will never know if the coming trend is going to be high or down, it depends on a lot of factors
hopefully, it is going to be a high trend and we will all gain profits Smiley be optimistic
I am positive that we will hit the All-Time-high in the coming year because of a few reasons I am listing below

- The pandemic is not towards the sunset and economies are recovering so as BTC held high even during these tough times when everyone was selling their coins we should expect only growth when pandemic is gone.

- There has been a significant importance of the crypto market because of the blockchain technology and more people are getting into it with time.

- There is the DeFi thing that is still in its baby steps and might carry the crypto market alone.

Let us be positive and what bitcoin has for us in future is not something even satoshi would predict cause the nature of the bitcoins being decentralized.
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October 11, 2020, 02:48:21 AM
 #175

Currently, many people bought bitcoins at a very low price during the bitcoin downtrend of 2018, and many have bought bitcoin before. Bitcoin price increases, you have to perform profit-taking to ensure profit, before reaching 20k bitcoin will have to pass different prices. Everyone's mindset is to make more profits than buying, but Bitcoin can still hit the new ATH threshold because the future is unknown.

we will never know if the coming trend is going to be high or down, it depends on a lot of factors
hopefully, it is going to be a high trend and we will all gain profits Smiley be optimistic
I am positive that we will hit the All-Time-high in the coming year because of a few reasons I am listing below

The pandemic is not towards the sunset and economies are recovering so as BTC held high even during these tough times when everyone was selling their coins we should expect only growth when pandemic is gone.
The economy recover when everything is allowed to function without restriction. In an year or two the vaccine will be developed. Upon that we can't relate the growth of bitcoin to happen relative to the pandemic.

There has been a significant importance of the crypto market because of the blockchain technology and more people are getting into it with time.
Slowly the blockchain technology gained its importance in all sectors. With time the blockchain technology is getting widespread. This will surely create positive growth over cryptocurrencies in larger scale and generate more job opportunity.
There is the DeFi thing that is still in its baby steps and might carry the crypto market alone.
DEFI is in its infancy, when things go advanced there'll be better things. As of now it is a big thing to the cryptocurrency market.
Let us be positive and what bitcoin has for us in future is not something even satoshi would predict cause the nature of the bitcoins being decentralized.
The decentralized operation of the bitcoin is truly the value generating system in accordance to the demand to supply availability. If this has been under any central authority now this could've been destroyed out of hard manipulation. Hope the system stays decentralized even with the entry of the big corporates of the globe.
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October 11, 2020, 04:10:23 AM
 #176



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.

Bitcoin is in an open volatile market prices go up and down and it's a concern of everyone here every time Bitcoin goes down, we cannot stop people from predicting and checking their prediction because we don't want our coin losses it's value, and on your assessment that Bitcoin will not reach another all time high, you're the only one who said that just when everybody is predicting another all time high.
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October 11, 2020, 09:27:57 AM
 #177

Currently, many people bought bitcoins at a very low price during the bitcoin downtrend of 2018, and many have bought bitcoin before. Bitcoin price increases, you have to perform profit-taking to ensure profit, before reaching 20k bitcoin will have to pass different prices. Everyone's mindset is to make more profits than buying, but Bitcoin can still hit the new ATH threshold because the future is unknown.

we will never know if the coming trend is going to be high or down, it depends on a lot of factors
hopefully, it is going to be a high trend and we will all gain profits Smiley be optimistic

Since we are at $11K, I think it would be good.

Since we broke the resistance, there would be some sign that it would go further than $12K, though there might be a correction before that happens. IMO, I think the price might step at $12K but in a short period of time and will just slip back to $11K.
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October 12, 2020, 05:21:55 PM
 #178

never reach ?, are you frustrated ?,
Bitcoin is predicted to reach $ 50000 in 2021 or the end of this year,
if this happens then the altcoin season will also come to us, believe me, Bitcoin price will return to the new ATH

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October 12, 2020, 07:39:17 PM
 #179

Nothing can stop everyone's obsession, so there's nothing wrong about that because after all, prices wouldn't go up overnight differently if it was a market crash. How to treat cryptocurrency as it should be? I think we have realized, cryptocurrency is more widely used as an investment asset because indeed, the lack of adoption means that there is nothing more that can be done for now using cryptocurrency as digital money because it is not yet fully distributed. So, there is nothing wrong with them treating cryptocurrency as anything, because this is part of a long process that we still don't know for sure what will happen to cryptocurrency itself in the future.

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dunfida
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October 12, 2020, 10:59:58 PM
 #180

Nothing can stop everyone's obsession, so there's nothing wrong about that because after all, prices wouldn't go up overnight differently if it was a market crash. How to treat cryptocurrency as it should be? I think we have realized, cryptocurrency is more widely used as an investment asset because indeed, the lack of adoption means that there is nothing more that can be done for now using cryptocurrency as digital money because it is not yet fully distributed. So, there is nothing wrong with them treating cryptocurrency as anything, because this is part of a long process that we still don't know for sure what will happen to cryptocurrency itself in the future.
The thing here is that people are really hoping that much into things which arent even realistic at all.We do have our own perceptions and views into things specially with Bitcoin.Lets respect someones view on it
and if they are really that bullish then i cant blame them since bitcoin can really do wonders when it comes to price movement but lets not really make our hopes too high or even too low.Lets wait and see for ourselves
on what would happen.Never reach ATH anymore? This is something that people can really debate on because we havent expect that bitcoins price do able to cling up that high.So its anticipated
that it would really do the same on possible future years to come.

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