Topic: If price of BTC reach 50K who is going to buy? - page 2. (Read 3459 times)
People who trust bitcoin will never give concern about the price of the bitcoin. Till now bitcoin have profited the users who have invested unlike the increased price. Even the user who invested at the price of $1 as well the person who invested by the time of bitcoin price above $4000 had got profited.
if bitcoin reaches 50k with a circulation of 21 million that would roughly about 1 trillion USD in market capitalization value and that is much more valuable than APPLE Inc and Berkshire, but there is no need to worry if its price would reach as high as that because there's still an opportunity to buy a bitcoin at fraction of it, there are no minimum required value to buy bitcoin unlike buying in a stock market and that's the beauty of bitcoin isn't it ?
I cannot afford to buy 1btc but can eventually be afford to buy a portion of it when it reach @ $50,000. I will continue to buy and hoping to continue rise the price by that time to get a profit.
Don’t waste time, bitcoin is going to eventually reach that price, if you do not buy a full bitcoin now it is very possible that you are never going to be able to afford a bitcoin since the price is not going to wait for you, bitcoin is getting more popular everyday and I do not think we are going to see the current prices for too long.Sure, when that time of these prices really should come, everybody who buys now will have a much larger profit.
But it will not be too late to start investing into bitcoin even by then.
You just buy a lower percentage of a whole bitcoin then.
I cannot afford to buy 1btc but can eventually be afford to buy a portion of it when it reach @ $50,000. I will continue to buy and hoping to continue rise the price by that time to get a profit.
Don’t waste time, bitcoin is going to eventually reach that price, if you do not buy a full bitcoin now it is very possible that you are never going to be able to afford a bitcoin since the price is not going to wait for you, bitcoin is getting more popular everyday and I do not think we are going to see the current prices for too long.
I think if bitcoin price reach 50k dollars the millionaires people can buy a lot bitcoin and ordinary people can buy only 1million satoshi because of the high price. But before the bitcoin reach 50k dollars many years before they reach that and possible to rraxh that is 50/50 . Because for me the highest of bitcoin in the next few years maybe it will become 20k up to 30k dollars . But everything is possible to happen .
I just sat down reasoning about everybody's decision to hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers, is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.
Who is going to buy? People who think that bitcoin is going to go up further or who have pumped the price up.
You have to understand how pricing works. This isn't a shop, this is a free market. You can't just set a price of 50k on bitcoin for no reason at all and expect people to be buying it. No. Bitcoin price is based on trades, and when there is a trade there is an agreement happening, it means that one party is willing to sell at 50k and the other is willing to buy.
Otherwise, the price wouldn't be at $50k in the first place. Get it? If not, let me know what you get and i'll explain in more detail.
There are 6 billion people in the world (let's just say). There are 21 million bitcoins. If you own 1 bitcoin you own the bitcoins of ~286 people. Think about it that way. Now those 285 people need to scramble to buy a bitcoin. And you think they'll stay around $4000!?
I cannot afford to buy 1btc but can eventually be afford to buy a portion of it when it reach @ $50,000. I will continue to buy and hoping to continue rise the price by that time to get a profit.
Don’t waste time, bitcoin is going to eventually reach that price, if you do not buy a full bitcoin now it is very possible that you are never going to be able to afford a bitcoin since the price is not going to wait for you, bitcoin is getting more popular everyday and I do not think we are going to see the current prices for too long. 
With the price of BTC soaring, the unit of measure for it should be the mBTC, where 1 mBTC = 1/1000 BTC = 0.001 BTC. One can easily obtain 1 mBTC by paying around $4.6 for it. There's no need to buy a whole BTC, which is what many people are not aware of. I hope this change of units is implemented soon, so that this psychological barrier is lifted.
Other units that could be used:
μBTC or bits (= 1/1000000 BTC = 1/1000 mBTC)
Satoshi (= 1/100000000 BTC = 1/100 μBTC)
So, 0.123 BTC = 123 mBTC = 123000 bits = 12300000 satoshi.
Other units that could be used:
μBTC or bits (= 1/1000000 BTC = 1/1000 mBTC)
Satoshi (= 1/100000000 BTC = 1/100 μBTC)
So, 0.123 BTC = 123 mBTC = 123000 bits = 12300000 satoshi.
What in the name of Christ made you think that if it reaches 50k, everyone would stop buying? And why so?
You don't see the number of users increasing too with the price as well?
Can't they buy smaller pieces? Will Bitcoin shoot to such levels in a go?
If everyone starts thinking the way you think, then people will surely adopt pessimism and we will end up in the grave.
You don't see the number of users increasing too with the price as well?
Can't they buy smaller pieces? Will Bitcoin shoot to such levels in a go?
If everyone starts thinking the way you think, then people will surely adopt pessimism and we will end up in the grave.
I just sat down reasoning about everybody's decision to hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers, is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.
This is the weakest reasoning I have ever seen. Don't forget what was the price in 2009 and what is now. Did we stop buying or demand get decreased in anyway? Infact quite opposite, demand is increasing at fast rate. In future too the thing will remain same. Demand will be there because of limited supply. There would be enough buyers. I just sat down reasoning about everybody's decision to hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers, is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.
I think the most expensive stock around is Berkshire Hathaway @ $213,000 per share.
Doesn't stop people buying and trading those shares although many will trade
a fraction of one share which is what will and does happen with Bitcoin.
You currently think in terms of 1 Bitcoin as ownership.
Newcomers wont be thinking like that. 1 BTC will be the dream to achieve (eventually).
When BTC reaches $50k that's when the major investors would focus on bitcoin because they know bitcoin is a real deal! There are rich dudes that really have the money to buy bitcoin no matter how expensive it gets. There are people that still don't believe in bitcoin when the value reached $10k that is when they'll focus more on bitcoin because they know there must be something good with bitcoin and when study it they'll surely invest their money into bitcoin. 
that's right there's still many non believers that will start recognizing the good chances that bitcoin will bring to them though 50k is really too highbut its a reality that there's still rich people who can afford to buy and keep the chain to cycle, buy low and sell high will still the same pattern.
Bitcoin price $50k is possible but not now. It needs long times. If really Bitcoin reaches $50k so, I don't buy Bitcoin with this high rate. I will try to take advantages with it. Because I am a small investor in the crypto world.
Right bitcoin price reach to 50k is possible but it take more time because bitcoin reach to 4000$ take to eight or nine years, so that means we can evaluate that bitcoin price will really take more time to reach $50k. So I think that's time we have much money and we buy it, you need to don't worry because i hope that time you will have also much more money you buy it very easily, so your investment continue to long term that way you collect more amount of money. 
When BTC reaches $50k that's when the major investors would focus on bitcoin because they know bitcoin is a real deal! There are rich dudes that really have the money to buy bitcoin no matter how expensive it gets. There are people that still don't believe in bitcoin when the value reached $10k that is when they'll focus more on bitcoin because they know there must be something good with bitcoin and when study it they'll surely invest their money into bitcoin.
Local exchanges would still continue to buy, as well as traders of course. But obviously the volume of sell will outnumbered the volume of buy. Still, there are always people that would buy btc at any rate. Why not, if they need to buy some stuff with btc.
He is not speaking about Bitcoin reaching that price over night!
When the price will be about 50k everybody will continue buying, however not whole bitcoins, furthermore small fractions like bits or even satoshis!
And there will also be damn rich people who will just laugh about 50k and buy pretty good chunk if they want!
So nothing will be different compared to nowadays.
Ok the only difference will be that guys like us will probably be able to enjoy life, if you were smart enough to accumulate as much as you can when price was still cheap.
Local exchanges would still continue to buy, as well as traders of course. But obviously the volume of sell will outnumbered the volume of buy. Still, there are always people that would buy btc at any rate. Why not, if they need to buy some stuff with btc.
I don't know how high the price grows, but the users who trust in it and buy. The reason I believe is that it has the smallest denomination which allows the user to buy that is affordable. Even now people say that the price is high, but still they continue to buy as well invest into it thinking the benefits it provides in the future.
Bitcoin price $50k is possible but not now. It needs long times. If really Bitcoin reaches $50k so, I don't buy Bitcoin with this high rate. I will try to take advantages with it. Because I am a small investor in the crypto world.
In a world with creeping and rampant inflation and soon hyperinflation [...]
Where do you see "rampant" inflation? Well, there are some high-inflation countries like Argentina, with ~23% inflation, and there may be extreme cases like Venezuela with even much higher inflation. But in most of the world we have 0-3% inflation or even deflation like in Japan and parts of the EU.
And this myth that "in one year/few months/tomorrow we will have hyperinflation all over the world" is already a couple of years old. I'm still waiting.
I think Bitcoin must not depend on the world currencies being inflationary. It must be able to succeed even in a world with low inflation. And I think it will, or is already succeeding. If it succeeds as a currency, it will be bought if we have $50.000, but it won't be bought by people that wait for $100.000, but because of people needing it for buys and transfers.
Inflation is incredibly low. The same money buys the same shit as a few years ago as far as I can tell, and gas is a lot cheaper.
Crypto prices have gone way up not becuase fiat has lost value, but because people see the utility and value in it. It's also a hedge in case inflation starts to be an issue. Which it's currently NOT.
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