Topic: If price of BTC reach 50K who is going to buy? - page 4. (Read 3391 times)
i'd be buying the dip
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.
Well i don't think that you know how pricing works.
For something to reach 50k then it would mean there are people that are willing to execute trades at 50k, both buying and selling. Usually, the price is the last traded price. It isn't something taht people make out of thin air.
Bitcoin is very liquid, meaning as long as the major exchanges have the price at more than 50k, there will be people willing to buy at 50k.
But yes, if btc ever got to 50k in the next few years it's probably a result of a huge ass bubble. People will likely to sell more than there are people to buy, and eventually there will be a correction following the pumps.
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.
So your reasoning should fit in 2009 as well when Bitcoin was less than a dollar. You must have said that there would be less buyers or more sellers when Bitcoin reach $4000. Does that make any sense today?Bitcoin price is driven by supply and demand. Due to limited supply which will eventually end in 2140, demand will keep on increasing because we still have 99% world's population as available potential market for Bitcoin and cryptocurrencies. Only 1% took the price to $4000. You can imagine what will happen if even 10% of that other 99 % gets into Bitcoin. You are indeed lucky to have known Bitcoin today. There will rather be more buyers in future then sellers as supply will decline.
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.
You do not understand if the price reaches that price and there are many sellers and few buyers then the price of bitcoin will have to go down but if the buyers and sellers are in an equilibrium then that means that is the price of bitcoin in which both of them feel comfortable. 
That is the beauty of Bitcoin. Of course, I am referring to the fact that you can buy a small fraction of Bitcoin not a full one. Many people do not understand this. It is important to explain this to beginners from the start.
Exactly. I agree with you. I mean, anybody can buy just $10 worth of Bitcoin as there is no rule that one has to buy it as a whole or at least 1 Bitcoin. When the price of Bitcoin can be around $50K then just buy whatever money you have. There is nothing to worry that eventually people would stop buying Bitcoin because the value is already staggering...this is not true at all as there would always be traders involved in the buy and sell of the said currency. Of course, everything boils down to the law of supply and demand as we are all operating in an open market.
Panic buyers will buy it in no time and push the price even higher.
that is true , but how about instead the panic buyers did not happened but the dumping become trends that time? you might join the panic selling rather than the price going up and up higher it gets drop so deep and you lost alot. was not as you expected right?at that moment you should have a plan b , an anticipation for something unexpected like that.
Panic buyers will buy it in no time and push the price even higher.
50k USD is not a small investments,but always there is a fraction that you can always avail and starts making money on 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.
If Bitcoin reach 50K, then most of the purchases will be made by the institutional investors and the hedge funds. And a lot of people, who purchased their coins when the price was $2,000 or $4,000 will be dumping them.
I just sat down reasoning about everybody's decision to hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers, is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.
Friend, bitcoin can be divided into 8 decimal, if we don't have capital to buy 1 btc, we still can buy a few very worthy satoshi. It's simple. 
I just sat down reasoning about everybody's decision to hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers, is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.
Your concern is very much valid and equally on point but you also should know that at this point that the price is still running into few thousands of dollars, it still not affordable for several people at the same time others are buying but Satoshi has made avenue for that too and that's why there are units in bitcoin where you can buy if you cannot afford a whole bitcoin.
Bitcoin's price is forming from moves of such simple holders like we are. If many people sell their founds the price is going down and opposite with buying. Today mostly the whales are regulating the price for Bitcoin due to they hold big numbers of coins. I may suppose that on such big prices the price for bitcoin is going to jump more activly, if now the price loses hundreds of dollars in the peak of big sale, in the moment of 50k$ price jumps can be from some thousands to some ten thousands. And here only traders are going to be in plus.
If the price will reach that 50,000 USD price then the people around the world who uses and still believes in bitcoin will still buy it because of the technology that inside of bitcoin and having a technology is not always about the price, it is about the things that we can get benefits and not the price that is whether going up or down. If you are a true technology geek then you will understand why bitcoin will never stop getting adopted by the countries even the price of it is already high.
I agree with you . Bitcoin will gain a lot of trust if Bitcoin reaches $ 50000 but this will happen in 2040 because the Bitcoin market will now be very popular and everyone knows Bitcoin.
I think if BTC reaches 50k people will still buy it, and it'll be extremely mainstream by then where most places will accept BTC as payment. However I think at htat point people would start pricing things using satoshis instead of saying this pizza would cost 0.00008btc.
If the price will reach that 50,000 USD price then the people around the world who uses and still believes in bitcoin will still buy it because of the technology that inside of bitcoin and having a technology is not always about the price, it is about the things that we can get benefits and not the price that is whether going up or down. If you are a true technology geek then you will understand why bitcoin will never stop getting adopted by the countries even the price of it is already high.
I think bitcoin to reach the $ 50K price is still far from predicted because for now the bitcoin position is still stable at $ 4K, and I personally invest bitcoin instead of targeting at a certain price but will sell when I need it and expect the price to rise from the current buy price of bitcoin.
But if seen from this year's price increase don't close the possibility of 3 or 4 more years will touch the price of $ 50 K and I think many people who believe that bitcoin.
But if seen from this year's price increase don't close the possibility of 3 or 4 more years will touch the price of $ 50 K and I think many people who believe that bitcoin.
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.
It will be hard for investors but they may earn Bitcoin through campaigns which won't require a capital. But they may also invest and since the price is high, they will just buy a small amount and hold it until its price rises. It is thr same on holding 1 bitcoin at this moment, the difference is that, it will be hard to buy 1 BTC, most investors especially the small time investors will only buy .5 or something like that. Sellers don't need to sell their Bitcoin one at a time, it will depend on how much the buyer is capable of buying a certain amount. 
@gentlemand is right, it makes no sense to ask this question having a particular price in mind. The question, however, becomes interesting if we reformulate it: What will happen if Bitcoin's price reaches a "final state"?
For example: Let's assume that every single (adult) person on earth uses Bitcoin for a large part of its economic activity.
This could happen at a moment where the coin supply only grows in a very slow manner and so, overall, the system becomes deflationary (because of lost or forgotten private keys). That guarantees that there will be no rapid dilution of the supply.
However, that doesn't mean that there can't be a devaluation. The problem is that in this state, no one would invest in Bitcoin because he's thinking he could multiply his fortune (like it occurs now). So the buying pressure would be less, people a grosso modo would only buy BTC when they need them.
A black swan event, in this state - like the emergence of a superior technology - could drive the price rapidly down again, and that would possibly be catastrophic if many people would lose their savings.
For example: Let's assume that every single (adult) person on earth uses Bitcoin for a large part of its economic activity.
This could happen at a moment where the coin supply only grows in a very slow manner and so, overall, the system becomes deflationary (because of lost or forgotten private keys). That guarantees that there will be no rapid dilution of the supply.
However, that doesn't mean that there can't be a devaluation. The problem is that in this state, no one would invest in Bitcoin because he's thinking he could multiply his fortune (like it occurs now). So the buying pressure would be less, people a grosso modo would only buy BTC when they need them.
A black swan event, in this state - like the emergence of a superior technology - could drive the price rapidly down again, and that would possibly be catastrophic if many people would lose their savings.
this is where the confusion goes, they try to compare it from buying shares from stock market where buying shares has a minimum quantity requirement unlike buying BTC does not meant 1 BTC is 1 share. That's the uniqueness of BTC you can buy it by a fraction and it is scaled thru SATOSHI scaling where it is a hundred millionth of a fraction.so if you are worrying to buy a BTC like it is reach to 50k and your budget is just 5k, you can still buy a fraction of it like .1 BTC.
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