What if BTC won't see ATH again?

[Lucius]

~snip~
Seems like way too many are concerned more about the price and the gain in $ than realizing Bitcoin will work as intended by Satoshi even at $100 or $100k.
I remember Bitcoin being called "A Peer-to-Peer Electronic Cash System" not a quadruple your money every cycle earning scheme.

Let's be honest and say that maybe 1% or at best 2% of those who own Bitcoin understand why Bitcoin exists at all, and even not all of them use it at least occasionally as a currency. The price has become almost the only important factor that is discussed, and as the next halving approaches, the question posed by the OP is more and more relevant.

It would be really interesting to see what would happen if, after the next halving in 2024, there is no new ATH -  the headlines would probably be screaming "Bitcoin is finally dead" from all the front pages. Angry masses of investors would curse Satoshi and fire up mining machines, some new new/old shitcoin would declare itself crypto king, and Mr. Mars would finally set off on his super rocket and disappear somewhere halfway to Mars...

[traderethereum]

It's okay if, after its last ATH price, bitcoin will rarely reach its new ATH in the future due to an adoption process that can explode at any time.
But that won't stop bitcoin believers from accumulating more bitcoins as they continue to believe that bitcoin will create new ATH again in the future.
Even though ATH may not happen in the next few years, people will definitely hold onto their bitcoins and look for ways to collect more.
And as long as bitcoins can still be an investment for people, they will still try to be able to have more bitcoins.

[yhiaali3]

A really nice and logical question. Personally, I think this is a possible possibility, although it is ruled out by most people for many reasons.

In addition to the reasons that you collected in the main topic, I see that there is a strong reason that may not have been mentioned until now, which is the historical necessity for the development of mankind. If we read the development of the financial system of mankind, we find that it always moves from an old system to a more developed system.

This makes us certain that all governments will eventually adopt Bitcoin and this means that the price of Bitcoin will continue to rise and exceed the previous ATH as global adoption continues and increases.

[DanWalker]

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Bitcoin is the only asset that really has a limit of 21 million. This is an important advantage that e.g. gold, silver or other precious metals do not have. This seems to me to be an important reason why we might see a new ATH again at some point. Sure, even this advantage is no guarantee for a new ATH, but currently nothing really speaks against Bitcoin reaching a new ATH at some point, in my opinion. 

In my opinion, the supply cap is not enough to guarantee that bitcoin will rise in price and hit a new ATH, it is more important about its demand. I mean, even if bitcoin has a limited supply but its demand is not high, people don't value it, it can't go up in price. Supply and demand need to work together, higher demand than supply is enough to trigger higher bitcoin prices in the future. So, whether bitcoin goes up in price and hits a new ATH is entirely up to us.

[StreakW]

I am sure that bitcoin will reach new ATH again at least in the next halving period. Usually, when a halving occurs, the bitcoin price increases very significantly and even prints new ATH. Moreover, the Bitcoin halving plays an important role in ensuring that the supply of BTC is limited so that it can inhibit inflation against bitcoin.

[indah rezqi]

>snip

Once gold was money, now it is an investing tool. So is BTC.

Then what's the problem?
If you don't want to use bitcoin as a means of payment because of its price volatility, then you can use it as an investment or trading asset.

But whatever your assumptions about bitcoin, I think you just have to admit that it qualifies as a currency. Whether you want to use it or not is up to you, but bitcoin is a currency worth considering.

[Z-tight]

Once gold was money, now it is an investing tool. So is BTC.

BTC is still a currency, if you go to a shop and the notice reads "we accept BTC" and you pay with BTC, then you have used it as a currency, and there are many shops like that all over the world, both physical and online shops. But the best part about BTC is that it can be used by the owner how they want to, it has a reducing supply, so if you think the future price will be higher, you can buy BTC and hold it. If you want a permissionless and censorship resistant currency to spend, you can use BTC, if you love risk and like to make daily profit, you can use BTC for daily trading, you should use it how you want to.

[KingsDen]

If Bitcoin does not see another all-time high throughout its lifecycle. I don't think that it is a threat to the existence of Bitcoin and cryptocurrency.
From $1 to $69k is a very high range for trading in Bitcoin. If Bitcoin does not see a new all-time high, that means the price will now be fluctuating between let's say ten thousand dollars to sixty thousand dollars and that is a very large margin for someone to make profit. It is a very long margin for someone to hold for a very long time and take profit. The only problem is those people that bought at a very high price might not be lucky to have the price again to sell or make again.

But that is just your thinking or option, but on a real life scenario Bitcoin will make a new all-time high. If bitcoin will fail, not this time ecomies are crashing.

[JeffBrad12]

It's just matter of time until next bullish cycle but what people keep saying above are also true, bitcoin now is an investing tool much more like gold.
many are expecting it to always multiple its value every runs, which is fine considering they are looking it for the perspective of an investor who always try to seek growing their capitalization.
however though, current value of bitcoin is already high enough if compared with just few years ago, i wouldn't ask for more but certainly if bitcoin could ever recover back to its all time high and even go beyond there's more certainly no harm in that. but the chance of bitcoin repeating the same feat and go beyond are just as high as it is not hitting its all time high ever again. but this only my 2 cents honestly.

[peter0425]

Year after year , bitcoin investors is gaining , and of course the most time for this is when there are halving and people see this as opportunity to invest and gain money.
the problem here is that there are also some bad words coming that make other people hesitant to invest.
but this does not send us belief that bitcoin will never gain ATH .
and of course for how many years we have seen this coming and happening , maybe newbie like you does not manage to experience but we? as stayed years here? how many times that we see ATH happening .

[doomloop]

Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."

Do you want me to only name one reason why Bitcoin will soar high in price eventually? It's very easy, the answer is demand. How can you stop Bitcoin being demanded more and more since we all know that it won't stop spreading around and there are too many people in the world who are yet to make their first Bitcoin purchase, that's one point.

You can simply not stop Bitcoin from becoming more and more popular, and since we know that its supply cannot be changed and is limited, the rule of supply and demand is why Bitcoin will surely be higher in value in the future, though we can't be sure when it will cross it's previous ATH.

[Farma]

if bitcoin can't reach ATH again, then people will just take advantage of the volatility that occurs at the price that is being reached at that price. the potential for bitcoin will always be there because the price goes up and down. In addition, the potential for bitcoin to reach new ATH is still very large. price developments from year to year also prove that bitcoin price developments continue to occur. although there have been some significant declines due to FUD, the potential for ATH for bitcoin is still very large.

[Merit.s]

From the way bitcoin was designed, it has a limit of 21million,which makes it a unique assets. There must be a halving and after bitcoin halving comes ATH the next year due to the quantity of bitcoin to be mined has reduced. Demand and supply is also an important factor that always trigger bitcoin price. Bitcoin has never failed,instead it has continue to increase in value and in adoption. All these will make bitcoin cycle repeat itself base on history. This is why we are to experience more ATH in future on bitcoin price. Remember it is resistance to inflation, unlike fiat and people have begin to understand this fact.

[fzkto]

I am sure that bitcoin will reach new ATH again at least in the next halving period. Usually, when a halving occurs, the bitcoin price increases very significantly and even prints new ATH. Moreover, the Bitcoin halving plays an important role in ensuring that the supply of BTC is limited so that it can inhibit inflation against bitcoin.

Many people are used to bitcoin going up after a halving and always showing a new ATH. I think that at least once it might not work, because it is very easy to buy cheap bitcoin before the halving, for example now, and sell it after the halving with a good profit. A lot of people know about this pattern now, and everyone wants to make a profit.

[Kemarit]

Problem:

What if BTC won't see ATH again?

Solution:



Seems like way too many are concerned more about the price and the gain in $ than realizing Bitcoin will work as intended by Satoshi even at $100 or $100k.
I remember Bitcoin being called "A Peer-to-Peer Electronic Cash System" not a quadruple your money every cycle earning scheme.

I agree but it seems that Bitcoin becomes one of the best assets that we have today, even surpassing Gold in my opinion. So it's really hard to see people not concern about the price. Although most of us can still used it P2P even with a 3rd party involved.

As to the narrative of the OP, I don't think that we won't see any ATH again. When we see that there is a demand, then obviously the price go South. That's the basic of all assets, scarcity is one of the most contributing factor just like Gold or it's digital counterpart, which is Bitcoin.

[Ayers]

I am sure that bitcoin will reach new ATH again at least in the next halving period. Usually, when a halving occurs, the bitcoin price increases very significantly and even prints new ATH. Moreover, the Bitcoin halving plays an important role in ensuring that the supply of BTC is limited so that it can inhibit inflation against bitcoin.

Many people are used to bitcoin going up after a halving and always showing a new ATH. I think that at least once it might not work, because it is very easy to buy cheap bitcoin before the halving, for example now, and sell it after the halving with a good profit. A lot of people know about this pattern now, and everyone wants to make a profit.

Many people know about this pattern, but not all, and compared to the world population, the percentage of participants in the cryptocurrency market is negligible number. So I think this pattern will work fine a few more times before there is a disturbance. I also believe that sooner or later, the market is not cyclical, history does not repeat itself and will make new history, but maybe it is not happening anytime soon. I still think history will repeat itself this time.

[Asuspawer09]

Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."

I mean, yes Bitcoin might not reach All time high we can easily argue about that, even though a lot of investors, traders, etc. are saying that it will reach All time high or even surpass it. That might not happen for sure because we can't really predict what is going to happen in the market in the future.

As far as history we have a lot of signals or green flags that it is going to happen, some might not believe it but it's still enough basis for us to buy and invest in Bitcoin.

The increasing adaptation of Bitcoin is for sure going to skyrocket the Bitcoin market price, A lot of countries are starting to adopt Bitcoin, and a lot of platforms adopt crypto and it's already a lot easier to buy this time compared to the past years. You can also add the Bitcoin halving.

[Hypnosis00]

The words "what if" are something I don't like. People usually come out with such assumptions and worries about the future, I feel it from OP.
But here are the things
 - Bitcoin will never reach another ATH if people never hold their coins but rather be an active trader buying today and selling tomorrow.
 - a decrease in market demand causing its price to drop because people are buying more on altcoins when halving is coming.

But can't just sweep away the chance that it surpasses the previous ATH as it actually happens last 2021 while breaking the $20k ATH, and so most of us are expecting to break again 2 years from now.

[SirLancelot]

if bitcoin can't reach ATH again, then people will just take advantage of the volatility that occurs at the price that is being reached at that price. the potential for bitcoin will always be there because the price goes up and down. In addition, the potential for bitcoin to reach new ATH is still very large. price developments from year to year also prove that bitcoin price developments continue to occur. although there have been some significant declines due to FUD, the potential for ATH for bitcoin is still very large.

The question is, will there be an issue if Bitcoin doesn't cross its previous all-time high? And the answer is no, there will be no issues at all. It might only be an issue for those investors who bought Bitcoin when it was at its peak because a lot of people sold their Bitcoins in that position and those who were buying are probably still waiting for the price to reach there again.

Apart from that, there will be no issues at all. It wouldn't have a change in its utility, nor the traders will have an issue since it will still be volatile enough for traders to gain profits even if it doesn't go too high.

[STT]

Its not just inflation is a thing, some currencies are going to zero worth which causes entire nations to lose their cash in hand.  Its not a one off event, its continual failure and corruption of currency by politics and military dictators etc.   people at present cannot trust any type of currency in the world as all of it is centralized towards a political master at best and at worst egotistical fiscal diversion and loss.
   BTC very likely is of increasing worth in a world where normal exchange of currency involves losing some of it almost always, I'd rather have the chance of gaining something; most at present choose investment in shares or similar to make gains but BTC is valid also so most of the world has yet to hold a small amount.