Quote from: fullhdpixel on Today at 02:34:14 PM

Quote from: Dr.Bitcoin_Strange on May 02, 2023, 12:06:39 PM

Quote from: a298b112 on April 21, 2023, 09:57:19 AM

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.

And why do you think it's even really necessary to see another all-time high? ATH or no ATH, there are people who will still adopt Bitcoin because it provides a digital means of handling our financial records in a decentralized manner and allows users to be in full control over their assets. Perhaps the whole population of this world doesn't need to own Bitcoin for its purpose to be fulfilled. Even if the total supply of Bitcoin were divided among the world population, no one would own up to 0.5 Bitcoin, at which point the total supply of Bitcoin would not even be enough for the already existing Bitcoiners because there are still thousands of people who don't yet hold even up to 0.1 Bitcoin.

So my point here, @OP, is that Bitcoin has all possible reasons to still see a new all-time high based on the total supply, and also that Bitcoin was not even created for the ATH we keep speculating about; Bitcoin's purpose is for the common man and woman to have full control of their assets in a digital way and to carry out money transactions with anyone around the world.

Even if there is no ATH but as long as the price can be able to recover to our last ATH or at least close to it, many of us will be happy and contented already because that still gives us a chance to earn a nice profit. ATH is not important but price volatility is, as this was the reason on why we can buy low and sell high.

Many are wishing for it to be gone. I think those who said this are the people who only use their BTC as a currency. They are just selfish but they can still use their BTC as a currency even if there are volatility. No one is forced to use or own a BTC because BTC will not replace the traditional fiat system that we have so don't worry about its supply.