Post
Topic
Board Bitcoin Discussion
Re: What if BTC never reaches all time high?
by
mersal
on 11/04/2020, 15:17:00 UTC
Maybe this indicator is just a coincidence,

Hey guys, bitcoin enthusiasts are always increasing because bitcoin is a decentralized digital currency, when you buy a cup of coffee, and pay it with 1Lot of shares, the coffee seller will refuse your payment Roll Eyes,
but if you pay for coffee with bitcoin, the coffee seller will receive your payment Shocked
Yes, stock is an asset whether bitcoin is a payment mode so its not okay to compare it with a random stock.No one knows when it will reach new height but will for sure and that same kind of mindset has been with most of the crypto enthusiasts.
As I understand, he is not comparing the local stock from crypto but he is trying to put an example of what could possibly to happen when we are using crypto. Of course, they are different and we are pertaining to become a currency not an asset but most of us here are considering as an investment rather than to be as another payment option.

If we all are supporting crypto, it definitely, we can see a huge market demand and a way of seeing another ATH. But unfortunately, we are far from that. We can see pumps but not good enough to make it. 
We already had enough to be honest, bitcoin reached from 3000 to 7000 in real soon but those stocks are not upto that level and more over after this corona ends we may have more support coming to cryptos from new people because now they may realized and recognized what bitcoin is actually created for.