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Author Topic: Bitcoin might never reach it's ATH anymore  (Read 1731 times)
dunfida
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October 12, 2020, 10:59:58 PM
 #181

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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October 21, 2020, 07:26:56 AM
 #182

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.

well, looks like the bitcoin is currently going for another spike 12,244$ first time to reach the 12+ this year I guess? looks promising to me and will encourage me to buy more soon, just watching to know where it will go sooner
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October 21, 2020, 01:25:00 PM
 #183

well, looks like the bitcoin is currently going for another spike 12,244$ first time to reach the 12+ this year I guess? looks promising to me and will encourage me to buy more soon, just watching to know where it will go sooner

For sure;) And anyone who lost hope in Bitcoin will be squinting at their altcoin baskets now and wondering why they didn't go and pad up their wallets with Bitcoin while it's cheap.

Of course, it could still fall back to 10k but imagine being able to hold support at 50% of the ATH!



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October 21, 2020, 02:18:54 PM
 #184

always remember that in Crypto nothing is really certain mate,we can grow easily or we can fall hardly.
Investing here is a risk but the opportunity is always there.

Look at the market now we are reaching $13k now as the price this moment is almost $12,500.

For how many years we are aiming to reach another ATH but of course Fud and positive words comes along.

lets see what happens before the october ends.

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October 25, 2020, 11:06:22 PM
 #185

well, looks like the bitcoin is currently going for another spike 12,244$ first time to reach the 12+ this year I guess? looks promising to me and will encourage me to buy more soon, just watching to know where it will go sooner

For sure;) And anyone who lost hope in Bitcoin will be squinting at their altcoin baskets now and wondering why they didn't go and pad up their wallets with Bitcoin while it's cheap.

Of course, it could still fall back to 10k but imagine being able to hold support at 50% of the ATH!
Correct, we are now in the $13k price, we are just 33% behind our ATH so that something to cheer about,  Smiley And the chances of BTC hitting another ATH in 2021 also is very high. Sure altcoins can give you higher percentage of returns, but it's hard to find that diamond unless you are like 2-3 years into that coin and then it suddenly goes on a massive pump giving you a windfall ROI. But bitcoin is quite stable though and the best assets right now.

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October 25, 2020, 11:26:31 PM
 #186

always remember that in Crypto nothing is really certain mate,we can grow easily or we can fall hardly.
Investing here is a risk but the opportunity is always there.

Look at the market now we are reaching $13k now as the price this moment is almost $12,500.

For how many years we are aiming to reach another ATH but of course Fud and positive words comes along.

lets see what happens before the october ends.
Bitcoin performance this year despite Pandemic is much better than other investments, it was able to recover way to fast even economic crisis and recessions were happening, but BTC might not reach New ATH this time, it may set to have upto $15k but may not reach more farther than that, 2017 been a hype for BTC for ICO and many government crypto news of acceptance and banning that push it's price through that amount, we will be needing more time and news as well mass adoption to reach another ATH.

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October 26, 2020, 07:49:05 AM
 #187

Yeah, well. When one says "might" it means "it might" or "it mightn't", but we are in the speculation section so it's OK.

OP is correct in pointing out that we should worry more about the intrinsic properties of bitcoin and not so much about the price. But that doesn't sell. The news sell emotions, and those are better spiked by saying that bitcoin "might" reach $100K in less that a year than by talking about technicalities.

I think this thread is going to be bumped many times once we reach a new ATH.





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October 26, 2020, 09:18:41 AM
 #188

People always predict of what their wants to see to hapoen to the bitcoin yes millions per bitcoin as prediction is impossible to happen.
The possible to happen for me is the value of 6 digits which is the highest value and even that there is no guarantee that we can see that.
As of now the movement of the bitcoin is good and I think it will back again the ATH this year or next year.
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October 28, 2020, 03:27:13 PM
 #189

Many people have speculated that bitcoin might never reach or reach its ATH, but bitcoin is very unpredictable due to its volatility that no one can say when it will go up or down. So we should only wait and see what will happen in the future because many people and investors expect bitcoin's ATH to make a comeback, which is why they are maintaining their holdings or long-term investments.

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October 28, 2020, 06:52:33 PM
 #190

Many people have speculated that bitcoin might never reach or reach its ATH, but bitcoin is very unpredictable due to its volatility that no one can say when it will go up or down. So we should only wait and see what will happen in the future because many people and investors expect bitcoin's ATH to make a comeback, which is why they are maintaining their holdings or long-term investments.
if you don't sell when the price of Bitcoin reaches $ 19,000 at the end of 2017 I think you will become a true holder,
because I'm sure someone who hasn't sold will sell on the new ATH,
but as a holder you should have a good strategy to accumulate your Bitcoin, in example is Buy Back. this one strategy.

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October 28, 2020, 09:14:22 PM
 #191

Everything is possible but I can agree that the level of 19-20000$ or more will not be easy to achieve. For a while we see how Bitcoin is struggling to keep the price at certain level and how long it took to cross 10000$ and stay above that value.
Nevertheless it's still worth to hold Bitcoin on long term and that will pay of, I'm sure of that.

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October 31, 2020, 10:16:51 PM
 #192


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

Those are unnecessary hype that I observe. This is how whales operate, just to hype the price and get in , then run out. But the price can still rise to the last time high with a steady growth. Bitcoin is a coin being adopted by majority, so it can increase anytime soon.

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November 01, 2020, 03:21:53 AM
 #193

Sad but all your points are true,people misunderstood what Bitcoin is created for,Instead of being a Currency this become an asset in which majority of the people inside this market looking for this as profiteering and not a Trading material.
if this perception does not change then we may not seeing another ATH again.
and this will hurt everyone who invested when the price is still high.

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November 01, 2020, 06:06:44 AM
 #194



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.



Can you recommend something that can stop people from speculating, you are speculating also by creating a title that Bitcoin might never reach its ATH anymore, that's speculating, when people buy a stocks, assets or shares or investment they are buying because of the speculation, everything is guided by a speculation, when it comes to buying and selling.


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November 01, 2020, 01:25:06 PM
 #195

You can't wonder how fortunes will favour you if BTC goes up, see the market sensation works based on the requirement of supply and demand. Also you need to have a lot of patience in crypto, this is not like share market where the market trend will slowly change its very similar but the directions are different.

Mate BTC is a pure gem just hold and wait patiently if you have invested, time will let you it's value.

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November 01, 2020, 08:10:34 PM
 #196

You can't wonder how fortunes will favour you if BTC goes up, see the market sensation works based on the requirement of supply and demand. Also you need to have a lot of patience in crypto, this is not like share market where the market trend will slowly change its very similar but the directions are different.

Mate BTC is a pure gem just hold and wait patiently if you have invested, time will let you it's value.
Yeah its a gem but as an investor, always have that kind of measure on where you shouldnt really be that too optimistic.Im aint saying it isnt really good to invest
yet we know on whats the current position of BTC in the market which is on the top of the chain but it isnt mean that you can go full in with all of your money.
Its easy to say about on waiting but not all would really have that kind of level of patience this is why some people doesnt have much trust when it comes
to long term aspect. We do have our own words to say and i dont counter for those who said that it might not able to reach its ATH anymore.
Let the price do the talking.

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fillippone
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November 09, 2020, 11:42:23 AM
Merited by Nemo1024 (5)
 #197

According to PlanB everything is going according to plan (pun intended):

Quote

●●●●● October close: $13,816
Highest red dot to date!!
#bitcoin stock to flow on  track

https://twitter.com/100trillionUSD/status/1322690881015697408?s=20

According to Digitalik.net the S2F model price is 19,000 BTCUSD.



So plenty of appreciation possible now.

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December 17, 2020, 05:32:25 AM
 #198

NEVER say NEVER!!!
fillippone
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December 18, 2020, 12:41:09 AM
 #199

The most ironic thing is that my above post is still true.
If you go to www.digitalik.net/BTC and you check market price against stock to flow, you will discover the market is exactly where the model predicts.
Stock to flow has been consinstently working since 2011. So why should break now?

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