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Topic: If bitcoin were more than 100K, how much you would buy? (Read 2446 times)

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legendary
Activity: 4102
Merit: 1454
Not sure it matters, peoples incomes will determine how much capital they hold in any one asset so at 100k BTC I imagine people just restrict themselves to holding one thousandeth of a Bitcoin instead of ever holding an entire coin just themselves

Years ago when Bitcoin was less popular and block reward was higher there could be a greater circulation amoung less people and so holding more at that time made sense.   Right now as Bitcoin becomes more widely known and its not just the miners swapping value but people who have no interest or knowledge of the protocol technical details but just want a tool then 1 coin isnt feasible to talk about owning.

So at this price we'd not discuss bitcoin but holding mbtc perhaps which is correct for a kind of pocket change which is how most workers operate their finances
member
Activity: 372
Merit: 10
Well it's hard to imagine that bitcoin will be reach a 100k price but who knows one day we wake up and see that bitcoin in that kind of price. Well for if that happen I think a millioner if the bitcoin  reach that price and I will build many business if that happen.
sr. member
Activity: 840
Merit: 254
If i knew that bitcoin costs more than 100k, i would buy three at least and take a pause for the cause. I would drop crypto business and wouldn't take care about it
If bitcoin was worth that much I will not have enough money to buy a single one, but at that point I will be thinking about selling my bitcoins and then getting back in the market when the price was cheaper, buy the same amount of bitcoins that I had before I sold and then keep the difference, it is not the most exciting plan but it is one that could give me profits.
legendary
Activity: 2912
Merit: 1068
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This is much overpriced and exaggerated value. Bitcoin will not reach that much so we can only speak in theory but that doesn't make any sense. Let's be more realistic and talk about real possibilities. Besides I gave up buying Bitcoin, earning is much better. Also, at that price no one clever enough wouldn't buy any coin at all.
legendary
Activity: 1652
Merit: 1265
The question is an emotional fallacy. 100K is a lot of money but has nothing to do with it's potential. Price is irrelevant.

The real question is: Do you believe in Bitcoin either as currency or as an investment?
full member
Activity: 714
Merit: 100
Acewins.io
100K is not a simple money t make if you are not doing a lucrative job. I could have afford like 5K worth of BTC which I think would have been OK for me. I value the amount a coin worth in usd than the amount I hold in general. Some coins be 100billion but their combined value isn't equal to just 10BTC.
full member
Activity: 714
Merit: 114

like everyone said  that is already overpriced and not all wont afford it but if the price shows a sign of continues growth then why not ? i think ill buy some mbtc's and then hodl them for awhile and sell them if the price increase up to 30 % and then id buy again  .  rinse and repeat but if we feel that the growth suddenly stops , that was also the time that we must not continue buying because thats a go signal to start selling  . the price can again go down after a couple of days  .
hero member
Activity: 2170
Merit: 503
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I don't have a lot of money so I can only afford a fragment of it. Most of other people would also do the same thing and they won't buy 1 btc for sure. But that $100k is really overprice for me because $50k is the best fair value of crypto at maximum. Only a huge pump and dump can make that happen.
well, the price of $ 100k for 1 bitcoin is a high price, and I find it hard to imagine that. however, of course there will be very many people who benefit when that happens, and of course I can't buy 1 bicoin when the price is that high. I just hope that when that happens, I have a lot of bitcoin.
sr. member
Activity: 2352
Merit: 245
If i knew that bitcoin costs more than 100k, i would buy three at least and take a pause for the cause. I would drop crypto business and wouldn't take care about it
If bitcoin had risen in its price to one hundred thousand dollars, I would definitely not buy it, even if I had such an opportunity. I do not think that any cryptocurrency coin can hold such a price for a long time. Although now I even doubt that bitcoin will ever rise to such price values. You need to look at things realistically. You can imagine the bitcoin volatility at this price. Bitcoin holders will then massively die from a heart attack. I want to sleep well, so I would not buy bitcoin at such a high price.
full member
Activity: 490
Merit: 100
I don't have a lot of money so I can only afford a fragment of it. Most of other people would also do the same thing and they won't buy 1 btc for sure. But that $100k is really overprice for me because $50k is the best fair value of crypto at maximum. Only a huge pump and dump can make that happen.
sr. member
Activity: 882
Merit: 269
How many people can afford to buy bitcoin at $100,000?  It will be very difficult to hold one bitcoin if bitcoin goes as high as $100,000.  I strongly believe that by then government might have come into cryptocurrencies market and control it as the wealthiest people could have came from cryptocurrencies market.
legendary
Activity: 3234
Merit: 1214
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When there is very small chance for such a peak reach there is nothing to have such a  big discussion. If it reach at some point surely it is unaffordable for me. The best way I prefer is to buy what I can afford, particularly bitcoin has got the lowest denomination which will be mostly affordable for every user.
hero member
Activity: 1246
Merit: 529
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If that really happen because that is low percentage to hit in the future. But let we see incase I knew the price will reach I will buy hundreds pieces of bitcoin so that I can earn more money and become a billionaire person once bitcoin reach $100,000.

Wow. Really? Well you should probably be a billionnaire already if you can afford to buy hundreds more btc at that rate. I certainly can't afford and wouldn't think about buying even 1 bitcoin.
copper member
Activity: 455
Merit: 0
I think the price of 100k for one bitcoin is impossible in reality, the price that is too high is only in the dream, try to get up soon.
jr. member
Activity: 378
Merit: 3
if bitcoin price is 100k then I would probably buy coins worth 0.1 as per my budget I keep buying coins
hero member
Activity: 1834
Merit: 523
If that really happen because that is low percentage to hit in the future. But let we see incase I knew the price will reach I will buy hundreds pieces of bitcoin so that I can earn more money and become a billionaire person once bitcoin reach $100,000.
member
Activity: 308
Merit: 35
I do not think that many people could be interested in investing in Bitcoin if the crypto costs 100 thousand. Let us be honest, only the richest guys decided to invest in BTC when it reached 20 thousand.

You are wrong and don't understand how pumping markets work. At the height of a bubble is the strongest urge for the poorest to buy. Rich people in general don't get that way buying the top of bubbles, so you have it backwards.
member
Activity: 217
Merit: 14
I don't know when this is gonna happen, if that happens it'll automatically gets termed to be the money of the richest. We cannot use it anymore, in short it isn't affordable for common users who have been striving hard with the day job earnings.
full member
Activity: 518
Merit: 101
I do not think that many people could be interested in investing in Bitcoin if the crypto costs 100 thousand. Let us be honest, only the richest guys decided to invest in BTC when it reached 20 thousand.
hero member
Activity: 2240
Merit: 848
Is OP asking if we knew Bitcoin was gonna be $100k how much would we buy right now? Or how much would we buy at $100k?

I would buy zero at $100k because I'm already invested.
I have zero doubts $100k will be hit and exceeded in the next couple of years but I have no money now so I'm not buying any. If I do get some excess money I"ll be throwing it all into Bitcoin before the bull market heats up because Bitcoin will very likely pass $100k in 2020, or at latest 2021.
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