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Topic: If price of BTC reach 50K who is going to buy? - page 6. (Read 3391 times)

legendary
Activity: 2590
Merit: 3008
Welt Am Draht
You could've asked the same question at every single price above zero.

A $50,000 Bitcoin means that a decent proportion of the world now has the desire for it. That in no way means that it's reached its potential. Even when it has reached saturation, the deflationary aspect means that your value will remain immune from inflation.

If 1 coin was $500 billion, it would still make sense to buy a crumb of it if it was stable and rising.
sr. member
Activity: 1123
Merit: 253
To be honest the longevity and perhaps even at a higher price will depend now on its usage and becoming a mainstream. Because no matter how high its price is for as long as people prefers using bitcoin then it will continue to hold its higher price. Prefers means being more reasonable by the way.
member
Activity: 70
Merit: 10
Coinhoarder
The interesting part if/when it reaches that. How violate will the market be? Will it see 10%+ drops like we have on some days now? At that price it is 5k or more
full member
Activity: 322
Merit: 100
Why not? Provided that the transaction fees stay low, even lesser than now. Investments can still be in mBTC or just plain satoshis.
hero member
Activity: 986
Merit: 516
do you talking about Bitcoin price $50,000?? It's possible but not in midnight. we need a lot of time for this price of Bitcoin.I am a Bitcoin lover, every month I kept some biotin to my personal wallet that I used only for store bitcoin. so I am not going to buy Bitcoin with those high rate.i will take advantage of the price.
full member
Activity: 140
Merit: 100
You can always buy small pieces of BTC.If it gets that much buyers will have to buy like 0,0001 BTC or something and todays whales will be millionare and probably cash out. Cheesy
sr. member
Activity: 379
Merit: 251
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.
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
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.
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