Post
Topic
Board Bitcoin Discussion
Re: What if Bitcoin never reaches a new ATH?
by
bettercrypto
on 29/12/2019, 14:51:04 UTC
But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run.
What are your thoughts? Huh

No new ATH would mean not much further evolving of Bitcoin - as technology and as acceptance/use too. It would mean Bitcoin dying. It would make the miners leave. It would be bad.
But I don't think that this can realistically happen.

Also, how many years means "never"?!  Wink
For me it is not possible, bitcoin will surpass its previous all time high but it will take time. But if the bitcoin will not achieve the new all time high then it means that the demand is gradually decreasing and the buyers are overwhelmed by buyers. As time passing by technology become more advanced and we humans need improvement and for sure that there are many people who wants to adopt bitcoin.
If bitcoin will not reach its ATH, many people will be disappointed specially those who are supporters of bitcoin. But it will never happen, bitcoin halving will trigger the price of bitcoin. And probably, it will be the sign for bitcoin to surpass its ath. It is the awaited news of the people around cryptocurrency.