Bitcoin might never reach it's ATH anymore

[LogitechMouse]

~

The word might in your title is just a sign that you aren't sure with what you are saying .

I might agree with what you said regarding the approach of people regarding cryptocurrencies. It is the fault of those knowledgeable stupids. They are introducing cryptos in a wrong way that is why investors' approach in cryptos are wrong too.

Aside from that, I didn't give time to read the other parts of the post since I disagree with this. The word might in your title is a proof that you too aren't sure therefore you are just predicting too like what other investors are doing.

[Gotumoot]

We could never be sure about it just like how Bitcoin was back in it's early stage or year no one would believe that it would reach $20K but it did.
So we could never know for sure how high could it be in the future and we couldn't also be so sure that it would always be high we also need to accept that the price of crypto could suddenly collapse and we have seen it so many times now.

[hatshepsut93]

Bitcoin reached its ATH on pure speculation, and the price right now is only 50% lower, so why wouldn't it reach the same level again with the same driving force? The odds aren't too bad, so making such a strong statement that it will "never" happen isn't very correct.

There's nothing inherently wrong with speculation, it's the mechanism of price discovery, and the more people speculate the more stable the price will get. Why should we force people to only view Bitcoin as a currency, if Bitcoin was created to grant people freedom to do with it whatever they want.

[rodskee]

We could never be sure about it just like how Bitcoin was back in it's early stage or year no one would believe that it would reach $20K but it did.

The future is not ours to exactly predicts, it all about how progress will
take place and bring the outcome of success.

So we could never know for sure how high could it be in the future and we couldn't also be so sure that it would always be high we also need to accept that the price of crypto could suddenly collapse and we have seen it so many times now.

The volatilities as long as still present to this market, the direction
still speculative, it's depends from
people who will use this cryptocurrency that will determine the future
of this market.
The more use case in the future, the more achievements that will take
place.

[20kevin20]

As a free market, it's very hard to keep the price-chasing people away from it. It's not very easy to abstain from entering a market that you know rose from literally nothing to an ATH of $20k in one decade. I think the price could again change drastically though, and the biggest and most prominent reason is supply and inflation rate.

Even if some people buy and sell BTC just to intake as much profit as possible, it's not like Bitcoin is the first to do so. Tesla has people who bought stocks just for speculation purposes and it does have a quite good price history as well.

[Wind_FURY]

This is not a price speculation thread, but a call.

People should have a much more healthy approach to cryptocurrencies than "get rich quick" and should use bitcoin even if it was going to take 100 years (or eternity) to break ATH again.

Only then the whole system makes sense, otherwise, even if Bitcoin was not meant to be a Ponzi Scheme and obviously is not a Ponzi Scheme, it is actually approached by many "investors" as Ponzi Scheme and they hope to be at the top of it. That is simply wrong.

Part of Bitcoin's price-discovery, is its volatility. With volatility, there will be traders. With the traders, there will be liqudity. With liqudity, it will be easier for you, and me, to exchange Bitcoin to fiat, and fiat to Bitcoin.

Plus if you want to use Bitcoin as digital money, OK. Who can stop/censor you?

[mintme.com]

what happen to your old thread?  Bitcoin will NEVER reach it's ATH anymore

its all the same that you are saying here. you might just close this and continue posting to that threat. i believe you that it might not reach its all time high but you know time can tell what could happen in the end.  we shall see in the future what could happen. maybe or maybe not.

But if really that bitcoin would not get to its ATH, then what do we think cryptocurrency market will be like? Because bitcoin is the king of this market and it is expected to keep rising as it is decentralized which makes it volatile. For my view point, I expect it will get there and above with time.

my point is, if the Bitcoin pizza guy (Laszlo Hanyecz) was fixated about the price, he wouldn't buy 2 pizzas for 10 000 BTC and he wouldn't make the first known BTC purchase.

If everyone just hodled and hoped it will go up, *IT WOULDN'T GO UP*. That's my point.

[n0ne]

As the market demand keeps increasing surely the price will increase. The demand of bitcoin grows whereas the supply is limited. It is not like traditional currency that were printed on need following certain procedure. Based on this the to the limited supply when the need keeps rising automatically there will be growth. This can take it to new ath, but when this is gonna happen can't be predicted.

[Rengga Jati]

Reading this, I remember about so many speculations of the BTC price after halving this year. Well, that is why I do not pay attention on such speculation at all. This is only for increasing mood, but too hope is not good, specially for me myself. So, better not to listen or pay attention to them,.

People should have a much more healthy approach to cryptocurrencies than "get rich quick" and should use bitcoin even if it was going to take 100 years (or eternity) to break ATH again.

I don't say all, but some people are still expecting like several years ago when the people could be rich overnight. In 2017-2018, we are sure that many people can be rich overnight by doing trading, with very high increase, the coins from ICO are increasing so legit. ANd many coins increased drastically in few periods.
But for now? it is a joke if thinking about getting rich quicly because eof this crypto easily. You may be rich quickly if you really know to do it, by daily trading is the ebst way. but, it is no instant. We must learn more how to be a good daily trader. Never hope too much about the ATH of BTC because of speculations. If we only trust in speculation, we will always feel bad of this because we don't meet our expectation. Beter to be reality and folow what market gives right now and take profits on it.

[Kelvinid]

I don't want to disclose for any chances that we gonna hit back its ATH once again. I'm not really a very optimistic person but I keep believed a moment to come next year, another decade, there is no exact date. If we have that 2017 a very surprising bullish trend, it still has a chance to show it again.

It could be might, yeah, nothing gives assurance but the faith of the people isn't losing that bad and for sure people can wait even though it takes years (as I've said) decade because they could understand how Bitcoin will work and the factors that could affect it.

[MCobian]

Maybe it's wrong if I treat Bitcoin as a digital asset, because from the very beginning Bitcoin was created as digital money.
And indeed if used as digital money it will be healthier for the future of Bitcoin. But it is also not prohibited to make Bitcoin
as a digital asset, so if I am able to bear the risk, it doesn't matter in my opinion. For me the price of Bitcoin is volatile, is
a big opportunity to hope to get big profits. Bitcoin may never touch ATH prices again, but there is always something another
possibility is that Bitcoin can reach new ATH. Now it depends on each of your choices, because everyone has freedom to choose.

[coolcoinz]

We don't have to talk about millions or 100k for Bitcoin when mentioning ATH. As a matter of fact, if Bitcoin went back to 20k it would already be at its ATH and the condition OP is talking about would be met. I'm pretty sure we will touch 20k again. If it ends up being rejected, so be it, but it's important to tell those naysayers that it's very probable. I'd give it about 90% probability that within the next 2 years we'll attack 20k.

[Tahsin Kabir Kollol]

The price of bitcoin is highly unpredictable. At the beginning of 2017, no one could have imagined that within a year, its value would reach around 20k. At that time it was much cheaper than it is now. So it is not accurate to say that bitcoin will not reach its former height again. It depends entirely on its popularity, the number of users, and the various positive steps that are taken.

[TimeTeller]

Maybe it's wrong if I treat Bitcoin as a digital asset, because from the very beginning Bitcoin was created as digital money.
And indeed if used as digital money it will be healthier for the future of Bitcoin. But it is also not prohibited to make Bitcoin
as a digital asset, so if I am able to bear the risk, it doesn't matter in my opinion. For me the price of Bitcoin is volatile, is
a big opportunity to hope to get big profits. Bitcoin may never touch ATH prices again, but there is always something another
possibility is that Bitcoin can reach new ATH. Now it depends on each of your choices, because everyone has freedom to choose.

I like your statement here. In my opinion, as long as there's tomorrow, there's hope for bitcoin.
Bitcoin may never touch the previous ATH, because it will create a new ATH.
But as the OP is promoting a platform in creating your coin to monetize it (mintme.com), I guess he also believes in bitcoin.
Its capability to reach its potential in the future.
There are many speculators around, they maybe not looking at reality but they give life to the crypto community.
As a crypto user, you should know your boundaries and how to look at things objectively. 

[Chris Barth]

I firmly support this post! Bitcoin as you have just said is not a make-money-quick scheme. I've told many people about bitcoin, and whenever I do, I make them understand that bitcoin's uniqueness is not in its price but it's ability to be anonymous, it's limitless ability, the decentralization, the transaction speed (especially when making transactions across borders). The earlier people remember this, the better for all cryptocurrencies and enthusiasts.

[KnightElite]

Maybe it's wrong if I treat Bitcoin as a digital asset, because from the very beginning Bitcoin was created as digital money.
And indeed if used as digital money it will be healthier for the future of Bitcoin. But it is also not prohibited to make Bitcoin
as a digital asset, so if I am able to bear the risk, it doesn't matter in my opinion. For me the price of Bitcoin is volatile, is
a big opportunity to hope to get big profits. Bitcoin may never touch ATH prices again, but there is always something another
possibility is that Bitcoin can reach new ATH. Now it depends on each of your choices, because everyone has freedom to choose.

I like your statement here. In my opinion, as long as there's tomorrow, there's hope for bitcoin.
Bitcoin may never touch the previous ATH, because it will create a new ATH.
But as the OP is promoting a platform in creating your coin to monetize it (mintme.com), I guess he also believes in bitcoin.
Its capability to reach its potential in the future.
There are many speculators around, they maybe not looking at reality but they give life to the crypto community.
As a crypto user, you should know your boundaries and how to look at things objectively. 

Bitcoin may reach its all time high and make another ath but the problem is there are a lot of investors and traders who do not manage their expectation very well. They keep telling just "hold because of the price will go to the moon" it is funny and there is also a bit sad because they have wrong mentality where they think becoming get rich quickly. By avoiding it, we can focus on the general market trend and we can have a good analysis that we can use in the present time.

[Lorence.xD]

I firmly support this post! Bitcoin as you have just said is not a make-money-quick scheme. I've told many people about bitcoin, and whenever I do, I make them understand that bitcoin's uniqueness is not in its price but it's ability to be anonymous, it's limitless ability, the decentralization, the transaction speed (especially when making transactions across borders). The earlier people remember this, the better for all cryptocurrencies and enthusiasts.

The people that is speculating about the ATH of BTCitcoin are people that are jumping on the oppurtunity to advertise their content as specified by OP, this is quiet understandable because there are a lot of people who are stubborn and some of them do not appreciate the worth, they just see it as a quick buck machine which is understandable because in this day and age, many people are suffering in poverty and those that discovered this tends to see it as their lifeline which is kind of sad because most of them are investing all that they have because they got hyped up by this content creator. To prevent this kind of mass hype, you first need to take the words of people on the Internet with a grain of salt, never jump the bandwagon.

[Artemis3]

Never say never, but expect it to take longer every time, and you'll probably hit it.

Well, that is, if the thing your are measuring value with, doesn't collapse on its own...

Perhaps you could measure it with, cans of tuna, or something more reliable than fiat currency...

I like how bitcoin isn't moving up much slowly recently. The slower it moves, the better. big movements only lead to big corrections.

Call it "sideways" if you like, i like sideways, means maturity.

[Leviathan.007]

Yes, There is a possibility for Bitcoin to never reach the all ATH at 2017. But, the chance is smaller than you can think because this year after halving many investors were expecting to see bitcoin at under 8K and a year after halving (at 2021) usually we we the highest price after each cycle of the having. So, in my own idea the bull run after having is not even started yet. However, this cycle is not similar to the other previous cycles because of the economic crisis we are facing to, so everything is possible during this cycle.

[mydona]

This is not a price speculation thread, but a call.

and yet you insist on making a "prediction"!

Only then the whole system makes sense, otherwise, even if Bitcoin was not meant to be a Ponzi Scheme and obviously is not a Ponzi Scheme, it is actually approached by many "investors" as Ponzi Scheme and they hope to be at the bottom of it. That is simply wrong.

by your definition everything else in the world that mankind has ever invested in is a ponzi scheme.

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.

discussing the rate of exchange that bitcoin has against fiat is not always obsession with price and it is not a bad thing.

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).

newsflash: there are always some idiots who are trying to make money from anything that can make them money. that includes idiots on youtube and all those who created those websites. all of it is irrelevant to bitcoin and your title so far.

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

and yet i never saw why you made this topic and why you think price may never reach its ATH! it seems like you are the one who is obsessed with price specially when looking at your post history.

no offense but I almost agree on every point  and how you break it down.

things can't be done right or wrong, every person have his vision his way his rules, what is the good or right thing from your prospective can be wrong from another angle.
but it is always good to share your opinion trying to fix the market from your point of view, good to have the courage to try.