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Topic: Still Buying Bitcoin at $100K? - page 6. (Read 897 times)

newbie
Activity: 5
Merit: 0
December 19, 2017, 05:40:01 AM
#72
I think bitcoin's price never can reach to 100k$, it's too much for the present price 20k$. Even if it can reach there, it's gonna a long long time.
Ctn
sr. member
Activity: 644
Merit: 259
December 19, 2017, 05:36:34 AM
#71
I don't think the price of bitcoin will easily exceed $100 thousand. Because the expensive bitcoin in the market, liquidity is certainly very poor, which will restrict the development of bitcoin. If bitcoin can not develop, then other altcoin will also face difficulties.
I think this is not true 100%. The thing is market is far better than we think and there is not even half of the population that is into bitcoin. The price which the OP is speculating here is easily achievable if you tell half of the population on the earth to invest $100 each! This will generate the trillion dollar industry of the bitcoin and then the price of the bitcoin will rise proportionally to the market capitalism. This can happen even without the development of the bitcoin because its not about that, its all about the investors coming into the crypto world and making investment everyday to fulfil the market needs for the bitcoin. Remember, this is crypto world and uncertainty will pay off one day. So $100 K is really possible and I do not want to regret it by not investing into it today. :-)
full member
Activity: 511
Merit: 100
December 19, 2017, 02:19:33 AM
#70
Bitcoin at $100k I think I will not buy bitcoin. The reason for me to stay in bitcoin is the price by that time I will still hold my btc. I have the reasons to keep my btc if $100k will happen.
newbie
Activity: 21
Merit: 0
December 19, 2017, 02:19:17 AM
#69
I will support the ideal about 100k$ price bitcoin but i'm not gonna buy it at that price. Too expensive.
hero member
Activity: 2926
Merit: 640
December 19, 2017, 02:12:18 AM
#68
I think I won't buy it at that price but surely use it for trading purposes most of the time. I know that my comment seems like one of the ignorant users of the community who doesn't knows the importance of million dollars Bitcoin, but that won't be true.
Because those people who have been into the Bitcoin thing already know its importance, and if they are smart enough, and have good capital then why should they wait for the $100k mark? I will try my best to acquire as much in Bitcoins as possible within few months, and after that I will use it for many purposes but wont sell them.
However, those who will buy it at $100k mark will also make huge profits when it touches $1M mark. So, it's better to invest in Bitcoin now than later and acquire as many of them as possible.
Nah, I’m in support of your idea. By the way, the last time I ever bought Bitcoin was when it was still at the price rate of $1000+plus, and since then I have never been into buying Bitcoin, I just left the ones I bought then and they have been increasing to bigger amount. If Bitcoin reaches $100k, I’m not going to be buying, I’m okay with the profits I’ve made so far.
sr. member
Activity: 812
Merit: 253
December 18, 2017, 12:28:05 PM
#67
I think $100k is too much to buy, I'd rather save that money for my kids college if that's how much bitcoin will be worth one day. And of course I will probably just hold on to my bitcoins and probably withdraw an amount that's needed for me and my family. No one who makes a regular income would make a suicide and buy bitcoin with that amount, I think it is ridiculous.
hero member
Activity: 1063
Merit: 502
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December 18, 2017, 11:47:20 AM
#66
Hey buddys,

100k dollars is too much, btc/altcoins hashing power you get on that prize? Roll Eyes -> Myself upper on lower payed class that way! Smiley  Embarrassed
full member
Activity: 241
Merit: 100
December 18, 2017, 11:20:32 AM
#65
Buying the bitcoin at 100k is not a big deal if the value of bitcoin is 500K at that time because we always buy things whose price is lesser than its value. We use to predict that bitcoin will touch 10k and afterward it will go sideways, but if its value is higher than 20k then it will easily break the 10k price barrier and it will reach to 20k for sure within a short span of time. Similarly if the bitcoin value at that time increases then it will sure to  reach 100k and professional traders or newbie will try to buy there too.
legendary
Activity: 1218
Merit: 1000
December 18, 2017, 11:05:29 AM
#64
it's a high price. but, if there is a possibility of bitcoin prices going up, I think a lot of people will still buy it, even more so if the bitcoin function becomes more at that time. bitcoin prices give an idea as to where the importance of bitcoin
full member
Activity: 182
Merit: 147
December 18, 2017, 10:58:37 AM
#63
By the time Bitcoin reaches this rate, everybody will regret not buying at an earlier time and those that holds Bitcoins will be secured financially for a long time. I guess buying something with this value may seem impractical. Yes, I know Bitcoin has the ability to multiply its value exponentially over time but how long can a $100,000 double knowing that this is the base rate of Bitcoin already?
If Bitcoin''s volatility is intense that it can make your $100,000 be worth $200,000 in a span of hours or a few days then I think people would still end up buying it. However, if the rates don't tend to multiply or it will stay in $100,000, then I think it won't be worth it anymore since it wouldn't be as profitable.
full member
Activity: 1834
Merit: 166
December 18, 2017, 10:05:36 AM
#62
Just made this topic for the future. Let's get back to it in few months when we get there.
Honestly talking i will not buy persona personally at such a huge price but regret it not buying at the current time or in past because it is really a huge speculation of btc price but new investors might be still interested at that price after noticing and monitoring it's past growth and way to earn profits easily and who are wise enough will hodl for long term and wait for price surge not indulging in trading at that time.
hero member
Activity: 784
Merit: 672
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December 18, 2017, 09:17:05 AM
#61
I think I won't buy it at that price but surely use it for trading purposes most of the time. I know that my comment seems like one of the ignorant users of the community who doesn't knows the importance of million dollars Bitcoin, but that won't be true.
Because those people who have been into the Bitcoin thing already know its importance, and if they are smart enough, and have good capital then why should they wait for the $100k mark? I will try my best to acquire as much in Bitcoins as possible within few months, and after that I will use it for many purposes but wont sell them.
However, those who will buy it at $100k mark will also make huge profits when it touches $1M mark. So, it's better to invest in Bitcoin now than later and acquire as many of them as possible.
sr. member
Activity: 476
Merit: 250
December 18, 2017, 09:08:17 AM
#60
Those who knew bitcoin waaaaay before, are just holding on to their bitcoins and just observing the rates. They may invest more money but they are aware that they are investing what they are willing to lose just in case bitcoin rates go down. Compared to the newbies, they just blindly jump right in, completely ignoring the fact that they are buying bitcoin at such a high rate. It is pretty much the highest-risk, highest-return investment that you can possibly make.
member
Activity: 156
Merit: 10
December 18, 2017, 09:04:53 AM
#59
I don't think the price of bitcoin will easily exceed $100 thousand. Because the expensive bitcoin in the market, liquidity is certainly very poor, which will restrict the development of bitcoin. If bitcoin can not develop, then other altcoin will also face difficulties.
sr. member
Activity: 644
Merit: 259
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December 18, 2017, 08:57:02 AM
#58
Bitcoin at $100k is very expensive but if it would happen that seems very interesting to buy still. You know what? Because of there is a sign that price may still surges up and if buying earning can be achieved.
At the moment its becoming more and more difficult for the middle class to even invest into bitcoins, By the time bitcoin reaches $100K it will only the wealthy who will be able to afford it and at that time the middle class may invest in another coin that they can afford.
full member
Activity: 504
Merit: 100
December 18, 2017, 08:08:15 AM
#57
I think as long as there is potential profit from buying bitcoin, there will always be people who will be interested in investing on it. We can apply the same concept wherein people back then did not expect bitcoin to reach today’s all-time high value. However, we can also expect transaction fees would also ridiculously high when that happens.
full member
Activity: 364
Merit: 130
December 18, 2017, 08:04:36 AM
#56
Sure! I'll always be buying bitcoin. I think of it as a safer place to hold my wealth than in fiat currency, and stocks for that matter. The success of stocks relies on human decision making, and humans can be corrupted. Bitcoin can not be corrupted. I don't expect the price rise to continue on like this forever but eventually it'll settle in to a steady valuation that's subject to fluctuations based more on the cryptocurrency market and geo-political affairs.

If you believe in Bitcoin you should be forever buying and forever hodling.

Of course, you know why? that's because the price goes higher, stronger the bitcoin holder confidence will not sell it and that means people will keep buying and few sell. What do you think if almost everyone buy and holds their bitcoin? Yes, the supply will be cleared and will be close to the maximum point of available supply. And before that happens, people will race so as not to miss the plane that will fly into space.
full member
Activity: 445
Merit: 100
December 18, 2017, 07:53:46 AM
#55
Just made this topic for the future. Let's get back to it in few months when we get there.
If the increase on its market value is still continuous, would probably still buy Bitcoin. But if the value is quite stable with that price, pribably won't. But you don't need to invest to 1 BTC in an instant, you may purchase a small amount as a start. So since Bitcoin's value is continuously increasing, I think buying at that price would be still profitable.
full member
Activity: 406
Merit: 105
December 18, 2017, 07:20:09 AM
#54
For me, I will not because that price is really hard to earn now. But if there will be a possibility of bitcoin price bubbled again or surge on the price then I will sure buy a small portion of it. Eventually by buying small amount I can surely earn 1 bitcoin in the near future.
member
Activity: 253
Merit: 31
December 18, 2017, 07:09:47 AM
#53
I think the problem will be a fee of 100K BTC price! That´s make only the big transaction be worth. 
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