Post
Topic
Board Bitcoin Discussion
Re: Bitcoin might never reach it's ATH anymore
by
Traderbtcc
on 06/08/2020, 21:21:51 UTC
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.
Still sounds like a speculation tho.
Alot of people jump into crypto for the wrong reasons,most of them think it's a "it's a get rich quick" stuff as you mentioned, but we won't blame them, because that's what the media normally publicize, and about bitcoin breaking its ATH price I think this will only happen when more countries starts adopting/legalizing it.

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).

One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.
Seems like everyday there's always a new analyst who would come up with a new ATH price for Bitcoin, LOL,these are some of the things that make people think crypto is a "get rich quick" scheme.