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Topic: The higher BTC goes, the bigger the risk/reward ratio and the less buyers enter (Read 797 times)

member
Activity: 267
Merit: 11
I don't believe your assertion that the higher Bitcoin value the lesser the buyer because over the years it has proof that many buyers do adopt Bitcoin when it's price is because there all positive news around the social medias so people want to enter and make profit as they don't want to be left out, and that was why many people used to be trapped during Bitcoin market rally because that is when whales do take profit.
legendary
Activity: 4410
Merit: 4788
some have already said. but worth repeating as it seems many have ignored/over looked

tl:dr

"what if btc reaches $61million per btc"........ use bits
much like how 1tonne of gold is $61mill.. no one measure per tonne anymore. they use ounces



long winded explanation
people do not need to invest full fiat to buy a full btc

say you initially invested $30k to buy 1btc back last december.
ta da well done you doubled your funds

but you do not need to invest all the $60k now to double.
instead you can buy $30k worth (0.5btc) and when the price doubles ta da another 2x

..
also if you cannot afford say $60k today. and can only afford say $6k. dont worry. 0.1btc can become worth $12k (2x) when the price doubles


what people dont realise is in the gold market. if the gold market was measured per tonne price. it would be a market price of $61,094,568 per tonne

but no one buys whole tonnes. so why care about that metric..
same goes for btc. why care about whole btc. when we could just have market price of say 'bits'(100sat) which converts as $60k per btc=$0.06 per bit

imagine all markets just showed that people can buy bits for $0.06
it will feel like its 2010 again where people are buying crypto for pennies
where each year it goes up from that few pennys per metric price

no one would care about a metric they cannot afford and instead be trading as if it was 2010 with units for sell for pennies

lets imagine it another way
how about a secret no one knows. before bitcoin had an exchange selling btc. there were a few people selling bitcoin not in btc but in pza. this was a bundle of units measured as about 20,000 in todays btc.

this was the trade of the 'bitcoin pizza' where by a pza(20kbtc) was worth about $30.
yea i just made up a pza metric. but the point is the value then was real.
and thats the thing. in bitcoins source code of how raw data is used in blocks and transactions.. there is no 'btc' just like there is no 'pza'
all block data all transactions since the genesis has always been measured in sats.
yes theres even no such thing as 'bits' in raw data. but again there is no such thing as 'btc' either so dont get too hung up on holding onto the illusion of a btc metric.. just like people are not hung up on a tonne gold metric.

markets can use different metrics for the same asset and not have a problem
whether gold is measured in killogram, ounce or gram.. doesnt mean anything
whether bitcoin is measured in pza btc bits.. doesnt matter

what people need to realise is if a tonne looks too expensive. use ounces.. if a btc looks expensive use bits
legendary
Activity: 3164
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Leading Crypto Sports Betting & Casino Platform
You know.... people said the same thing when the price was $300 ..... then again at $1000 and so on and so on.... I was one of the lucky people who discovered Bitcoin at +/- $300+ and since then I made more than 800% profit on my coins.  Wink

It takes a few years for these things to happen.... so do not think short term with these Bitcoin investments. The sad things is, Bitcoin is not a commodity.... but rather an alternative currency... so the hoarding of coins are actually harming Bitcoin's future.  Sad

if you are asked now:

in your opinion what are the chances of someone buying bitcoin for the price of $60,000 and making 4X profit in just a few months? note that I didn't even talk about 10X profit, I'm just talking about 4X. I'm sure most people will tell me that buying $60,000 to have 4X profit in a few months is a very difficult thing to do, and they will be right.

and as the past has shown several times that the price of bitcoin tends to rise and have a new ATH and then fall 30% or more people will expect it to fall below $60,000 to buy
hero member
Activity: 3080
Merit: 603
Actually, I think that Bitcoin will become less volatile within time. It also can be connected with ETF launch. Gold had been also very volatile before ETF was  released, but now it is quite stable compared to crypto market and even stocks. What is more, Bitconi is being adopted more and more, and I think that it also will make Bitcoin more stable.
It might come to happen but when it's already too high and there's lesser much of the FUD by that time. The bad news/FUD are the ones that makes the market suffer and shows off how volatile it is. We have no problems when it goes higher and higher because we're all happy with that and it's making everyone not wanting to sell because we want to see the better of it and of a higher price. And when it becomes stable, this is the time that many will use it as is, as what satoshi has made it on its purpose.
sr. member
Activity: 2352
Merit: 245
I agree with you, because this is not just a guess-it is information that has been confirmed by many experts and actually makes sense. But it seems to me that the biggest issue is precisely the time frame. And no one can say exactly when this is going to happen and what potential will meet our expectations 100%. And yet in theory it is possible to imagine such a situation - that bitcoin at some very unexpected moment, right on the peak can lose its value and collapse sharply at the very moment when people will be celebrating their profits. I do not fully believe and understand such independence of bitcoin and I think that in time it may present not only pleasant surprises.
It is quite logical: the higher the price of bitcoin rises, the less there will be those who want to buy it at a high price precisely because of its high volatility and a relatively low growth rate. With a rise in the price of bitcoin by one hundred or two hundred thousand dollars, there will already be much fewer people who want to buy whole bitcoins or even half of it. For people with an average income, we can only talk about buying a certain amount of satosh. However, they will no longer provide sufficient profit, since Bitcoin is unlikely to increase in price significantly.
On the other hand, if the price of bitcoin periodically falls, even if with each such wave it does not reach the previous level, with its high price, the risk of losing large invested funds will also increase. That is, over time, the financial laws of our physical world will work more intensively. It is in this connection that the price of things of our objective reality, even in a single copy, is never too exorbitant.
We do not know how high the price of bitcoin can rise. However, we know that we live in the physical world, where a high price means either the investment of a large amount of labor, or special labor to create single items.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
You know.... people said the same thing when the price was $300 ..... then again at $1000 and so on and so on.... I was one of the lucky people who discovered Bitcoin at +/- $300+ and since then I made more than 800% profit on my coins.  Wink

It takes a few years for these things to happen.... so do not think short term with these Bitcoin investments. The sad things is, Bitcoin is not a commodity.... but rather an alternative currency... so the hoarding of coins are actually harming Bitcoin's future.  Sad
member
Activity: 840
Merit: 23
If bitcoin grows higher definitely,miners would improvise and developers in charge of the block chain will also adjust and maybe create more apk files to back up block chain and change the privacy settings to make it more secured.
Frauders will increase just like what they do on daily basis so as to be able to cope on their fraudulent and the whole system will be more tough .
Maybe by then,bitcoin will be very difficult to get
hero member
Activity: 1680
Merit: 845
Based on what I have understood about this is when the price of BTC goes high, there would be a.lot of people who will get afraid of buying bitcoin because of the higher risk they may encounter upon buying it, well it doesnt matter because you dont need to buy a 1 BTC or $100k if bitcoin reaches that amount in the future, you can still buy small amount based on your busget.
It's not necessarily being afraid to buy, that's one reason indeed, however, it's more like the analogy of risk/reward. Supposing someone wants to invest $1000 in Bitcoin, the amount he'll receive will be a tiny fraction of it. Let's assume now that after 2-3 months, an increase of 10% occurs, in the best case scenario, our investment is now worth $1100, which isn't an insane amount.

What OP wants to point out is that for some, it could be more beneficial and practical, to invest in another coin, unless you're planning to buy long-term, and focus on obtaining more BTC.
full member
Activity: 568
Merit: 100
umachit.fund
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
Actually, I think that Bitcoin will become less volatile within time. It also can be connected with ETF launch. Gold had been also very volatile before ETF was  released, but now it is quite stable compared to crypto market and even stocks. What is more, Bitconi is being adopted more and more, and I think that it also will make Bitcoin more stable.
newbie
Activity: 25
Merit: 4
100% agree - I would add only two words: CETERIS PARIBUS.

The risk/reward ratio increases with the bitcoin price increase if the bitcoin adoption rate will remain the same (and in the very short time frame - days, weeks, months -  it is so). But in the longer time horizon (years) it is not so. For example, if we compare the price level 10 000 usd at he end of 2017 and exactly the same price level in September 2020 - the last one had much lower risk/reward ratio because bitcoin was just much more valuable asset in 2020 than in 2017.

But, in contrast,  if we look at for example the almost 50% BTC price rise during the last month, it is sure that the quality of BTC has not increased in comparable space at the same time period - and now we can indeed conclude that the risk/reward ratio has increased about 50% as well. And the BTC selling is now potentially much more profitable than a month ago. And the BTC buying is now potentially much less profitable than a month ago.

(I quess, the words "quality", "value" and "adoption rate" have quite similar meaning in bitcoin context).
member
Activity: 714
Merit: 16
If bitcoin price is $100k today investors are already on the ground for it, I know when the price was around $10k some people might be wondering if people will still invest if the price reaches $50k but are people not still investing, this should not be an issue to ponder upon, I am looking forward to $1 million for a coin.
full member
Activity: 564
Merit: 100
Maybe what you mean is that  as the price increases in the future, the exponential growth will slow down, which is true. However, what makes the argument is that bitcoin is going to be scarce as well, that's why it is the most sought asset in crypto because of this one. Yes, the growth might stall, but with more people looking to buy at whatever price it is, I doubt that there are less buyers that are going to enter, on the contrary it might balloon as everyone is looking to make bigger profits in the future.
I am also thinking about this issue. The higher the Bitcoin price, the fewer participants will be. Because investing in Bitcoin has many unpredictable risks. Once there is a risk, you will lose nothing. So no one wants to lose money. That is why they rarely buy. This in turn led to another result. When few people join, the rewards from Bitcoin and campaigns will be very high. That's what I'm expecting.
full member
Activity: 462
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The Standard Protocol - Solving Inflation
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.

When Bitcoin reaches 100M, then it will mark a turning point in the economic world. And markets will look at Bitcoin differently.
Even if you have to pay 20~30% in taxes, we are talking about you have 700~800k dollars to spend for each 1BTC. I believe that there will easily be people with a reserve of tens, if not hundreds, of Bitcoins. If the coin is worth 100M, a person who has 100 Bitcoins can buy half an Apple.

Valuing more will not reduce the number of people who want to buy, on the contrary, it will attract more people. Given the ease of acquiring Bitcoin, more people will buy sats. So, even with periods of lower growth, Bitcoin is already at a point, which is unlikely to go down dramatically, it can only slow its rise.






Long before my friend, long before a 100M price for Bitcoin would mark a turning point. Even at 0.5M or 1M only for Bitcoin would case immense change to the world. The money has to come from somewhere. People will start liquidating other assets putting pressure on the respective markets while strengthening the digital world even further.
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.

When Bitcoin reaches 100M, then it will mark a turning point in the economic world. And markets will look at Bitcoin differently.
Even if you have to pay 20~30% in taxes, we are talking about you have 700~800k dollars to spend for each 1BTC. I believe that there will easily be people with a reserve of tens, if not hundreds, of Bitcoins. If the coin is worth 100M, a person who has 100 Bitcoins can buy half an Apple.

Valuing more will not reduce the number of people who want to buy, on the contrary, it will attract more people. Given the ease of acquiring Bitcoin, more people will buy sats. So, even with periods of lower growth, Bitcoin is already at a point, which is unlikely to go down dramatically, it can only slow its rise.




legendary
Activity: 2688
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If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.

It's a very valid point and all this investment money pouring in might eventually wake up to this fact - the smart money will start chasing other coins which can grow hundreds of percent in very short timescales (like Dogecoin showed us). For Bitcoin to reach a value of $1,000,000 actually seems a bit ridiculous when you consider it doesn't produce anything, costs huge amounts of energy to create and the transaction fees tend to scale up along with the price. At that price it would have a market capitalization of $21 trillion, the is the same amount as the whole US government owes in debt and even the New York Stock Exchange (the largest in the USA) is altogether worth roughly $26 trillion. Maybe this realization will slowly deflate the Bitcoin bubble, but I have a feeling a lot of average consumers who are still clueless about the cryptocurrency space will always gravitate towards the most well known "brand".
full member
Activity: 840
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Buzz App - Spin wheel, farm rewards
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.

indeed we cannot predict the price of bitcoin 10 years from now, whether the price of bitcoin at that time will reach $ 200k or bitcoin will be lost forever.
at this time we can only think about the price of bitcoin in the future, but we think that the price of bitcoin will be more expensive in the future because we see a lot of transactions happening in the crypto market so we conclude that the price of bitcoin can continue to rise from year to year.
those who buy bitcoin at the price of $ 56k because they think that the price of bitcoin will continue to rise from year to year as has happened before.
if the price of bitcoin reaches $ 100k then there will be less beginners to buy bitcoin because the price of bitcoin is already very expensive, they think that to get a very large profit is very difficult because from the price of bitcoin $ 100k to $ 200k it might be very difficult and if it can reach $ 200k it will take a very long time.
jr. member
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Yes, But Now a days As we see the Crypto Market its Going Up and Many Small Traders Come, There is Potent of grow Crypto Market Recently Binance add Stock Token users can now buy Microsoft, Tesla, Coinbase Stock from Binance Directly, Crypto Chart Index Best Website to Track and Get All Crypto Currency Prices at one place.
hero member
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If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
Yes, these are good questions, which I have thought about many times. I also believe that as the price of bitcoin rises, it will become more difficult to find new investors at the higher price. If Bitcoin reaches a price of one hundred thousand dollars or more, the risk of its price fall and its price volatility will also increase significantly.
It seems to me that investing in potential altcoins with a lower price will then already be much more profitable. Well, maybe soon we will see how it will be in practice.
Increasing prices means increasing the range and amplitude of movement for bitcoin and it is quite inevitable that the risk of buying and selling is also higher, sometimes a few percent of the fluctuation range is enough to make us cry when we own a few bitcoin, many newcomers will look at this point to remove bitcoin from thinking and choose other altcoins, old investors only dare to use the method of surfing through leverage, instead of holding. Bitcoin needs to show a neutralization of current emotions and flows in order to stabilize the situation if it wants to continue on the same upward path.
full member
Activity: 2142
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If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
Yes, these are good questions, which I have thought about many times. I also believe that as the price of bitcoin rises, it will become more difficult to find new investors at the higher price. If Bitcoin reaches a price of one hundred thousand dollars or more, the risk of its price fall and its price volatility will also increase significantly.
It seems to me that investing in potential altcoins with a lower price will then already be much more profitable. Well, maybe soon we will see how it will be in practice.
sr. member
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Of course it would be slower when we are already at a high price and almost everyone is already on board.
But that doesn't mean that we wouldn't see it go higher we only have limited supply so the potential growth would continue.
Not everyone is on board yet, there are still a lot of people around the world that doesn't know about it, I would say that we are still on the point where it is getting introduced in the mainstream and it is doing well.
full member
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Of course it would be slower when we are already at a high price and almost everyone is already on board.
But that doesn't mean that we wouldn't see it go higher we only have limited supply so the potential growth would continue.
full member
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★Bitvest.io★ Play Plinko or Invest!
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.

In my opinion, BTC reaching its 1 Million USD mark is enough for me and no one really knows if it will be worth a million USD in the future. You could still be profitable in BTC even if it reaches the 100k mark and depends on the risk management of the holder.
sr. member
Activity: 2352
Merit: 245
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
This reasoning has a certain meaning. Indeed, now the price of bitcoin is quite high, over $ 55,000. Further increases in its price will be more difficult, and the risk for bitcoin holders will be more and more. People will worry about the large amounts invested in bitcoin, and with large price fluctuations, panic is likely. It will largely depend on how large the volatility of the bitcoin price will be, both this year and in the next few years. With high price volatility, the fear of bitcoin holders will be much higher. This will hinder its further price growth.
newbie
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There is a growing movement — emerging from the blockchain and cryptocurrency world — to build new internet services that combine the power of the modern world. I am new to the world of finances and crypto investing but am steadily following the collaboration of AVAX and Blocknet. It's where the Internet of finance meets the internet of blockchains...

And yeah, on top of your question. I am also thinking if institutions and billionaires do keep their produced bitcoin or sell it immediately? And how much bitcoin they have? How much it costs them to produce 1 bitcoin? What's their revenue model? Maybe they keep their produced bitcoin but they do pay salaries with it.  Huh Huh
hero member
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If they open their minds about bitcoin's investment, they will not think about it too late to invest in bitcoin because they still have time to start buying bitcoin. If they know that they can buy fractions by a fraction of bitcoin, they will try to use the money they do not use for anything, and they will hold it after they finish buying bitcoin.

Waiting for the dropping of the price will always recommend for people who want to buy bitcoin because that can reduce their risk from fluctuating the bitcoin price. Perhaps, they need to learn more about the bitcoin investment side before buying bitcoin.
What happens is that many people think it is too late because once they find out that you could have bought bitcoin for less than a dollar at the beginning of its life and now you need to pay 55k they are reluctant to do it, they do not understand that such a low price does not matter anymore because we are never going to see it again, what matters is its current price and what price it can reach in the future and under that perspective bitcoin is still trading at a relatively cheap price.
legendary
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Bill Gates made his money through innovation and if he made money investing in the stock market then it would have been a different story, so you cannot expect people like that to invest heavily. The major funds are invested by financial institutions who always identify the smart market to reap the profit and so is the reason billions are invested even when the price is soaring at an all time high valuation.
several large companies such as Tesla have started to adopt bitcoin and many institutions are entering into bitcoin to invest. The higher the bitcoin price, the higher the risk ratio that will occur. Currently Bitcoin price is able to hit a high of $ 60k and will probably continue at $ 100k. the more people understand bitcoin and its benefits, the more funds will come in and make bitcoin rise. The risk will indeed be higher because the price fluctuates very quickly.
hero member
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Some rich people have jumped on this new found digital gold and others like Mr Bill Gates have clearly shown no interest in it, despite knowing about the digital currency...its all up to them , maybe they don't understand crypto but with time as more institutions endorse crypto I think this is when new money will be pumped in from individuals and institutional money to push price up.
Bill Gates made his money through innovation and if he made money investing in the stock market then it would have been a different story, so you cannot expect people like that to invest heavily. The major funds are invested by financial institutions who always identify the smart market to reap the profit and so is the reason billions are invested even when the price is soaring at an all time high valuation.
member
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I agree with what you said, but for now there are still many chances of the price being able to do 2X or 6X because there are still not many super rich people buying bitcoin and advertising
Some rich people have jumped on this new found digital gold and others like Mr Bill Gates have clearly shown no interest in it, despite knowing about the digital currency...its all up to them , maybe they don't understand crypto but with time as more institutions endorse crypto I think this is when new money will be pumped in from individuals and institutional money to push price up.
jr. member
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Apologies if this has already been asked, but if BTC and i.e. NANO both see their market caps increase $10 billion in the next year, what happens to each of their prices?

altcoins, specially those with terrible supply amounts are never going up in price over the long run. they can only hope for some pumps that could increase their price in short term.

Quote
Most people will get this wrong because they suck at math  Huh or don't fully understand bitcoin.
you don't have to understand bitcoin to know how market cap works!
a shitcoin with a massive supply will have a high market cap regardless of it being dumped. and when bitcoin rises and the altcoin dumps its market cap measured in USD sometimes shows increase.

Quote
as more people hold more and more of an asset, the pool of new buyers gets smaller and the pool of potential sellers increases (but that is no guarantee that people buy or sell).
price rise doesn't always need "new" investors. it needs new money. that money could be coming from the old investors investing more money in.

I think you missed my point.


The supply of BTC is growing faster than NANO. If people decided to move away from a coin with a growing supply (naturally inflationary assuming demand stays constant), like BTC, into a coin that has no future supply growth, like NANO...its not the total number of coins that is important, it is how fast the supply is growing (or not growing) that gives a DIGITAL currency actual scarcity value (while perception and demand considerations play a big role on the other side of the supply/demand equations).  
legendary
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There is trouble abrewing
Apologies if this has already been asked, but if BTC and i.e. NANO both see their market caps increase $10 billion in the next year, what happens to each of their prices?

altcoins, specially those with terrible supply amounts are never going up in price over the long run. they can only hope for some pumps that could increase their price in short term.

Quote
Most people will get this wrong because they suck at math  Huh or don't fully understand bitcoin.
you don't have to understand bitcoin to know how market cap works!
a shitcoin with a massive supply will have a high market cap regardless of it being dumped. and when bitcoin rises and the altcoin dumps its market cap measured in USD sometimes shows increase.

Quote
as more people hold more and more of an asset, the pool of new buyers gets smaller and the pool of potential sellers increases (but that is no guarantee that people buy or sell).
price rise doesn't always need "new" investors. it needs new money. that money could be coming from the old investors investing more money in.
jr. member
Activity: 35
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Apologies if this has already been asked, but if BTC and i.e. NANO both see their market caps increase $10 billion in the next year, what happens to each of their prices?

?
Most people will get this wrong because they suck at math  Huh or don't fully understand bitcoin. Cry
?



Answer: NANO goes up 15+ X and BTC drops slightly in price! (based on 3/21/21 being the start date and no changes in protocols over the next year)

To answer the OP, as more people hold more and more of an asset, the pool of new buyers gets smaller and the pool of potential sellers increases (but that is no guarantee that people buy or sell).
hero member
Activity: 2702
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Nothing lasts forever
The risk reward ratio won't change if btc goes higher because its the same regardless of the price. If bitcoin was at $100,000 and if it falls to $50,000 then it would be the same risk to reward ratio as when bitcoin was at $1000 and fell to $500.

What matters though is the amount of money needed to go 2x.
As the price of bitcoin increases, it will take a lot of money to go 2x than it was needed when it's price was low. This is why as bitcoin grows it would be difficult to maximize the return potential.
legendary
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I agree with what you said, but for now there are still many chances of the price being able to do 2X or 6X because there are still not many super rich people buying bitcoin and advertising, we saw the positive effect that paypal brought and that elon musk brought, imagine if Jeff Bezos also buys a lot of bitcoins and amazon accepts bitcoin, imagine if bill gates will also be advertising on bitcoin, imagine that hundreds of companies and governments accept bitcoin as a means of payment and hundreds of banks start investing in bitcoin, i still see great potential for 2X to 6X profit, so i think people are still not afraid to invest in bitcoin. note that the price has not dropped below $40.000 for some time and each time it increases there are no very big drops, this shows a great solidity in the price increases
full member
Activity: 317
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I strongly believe it will reach 1 Million a coin because:

1. Gold will become obsolete (too hard to move around, to transaction and its supply grows 2% each year)
2. BTC is limited in supply (~15 M active coins for the whole world is nothing!)
3. The future is crypto money, we won't be living in ice age forever

The banks are scary like... they will do everything they can to stop it, but will fail.

Exactly, Gold will go back to being what it is good for; nice jewelry.

BTC is a store of value never known before, immutable, p2p trustless accountability, unconfiscatable.

BTC gives everyone (7 billion people) more power than a Swiss bank.

The fiat banksters are dead.
full member
Activity: 490
Merit: 123
Cryptocurrency markets and financial markets in general work in cycles, so does the bitcoin market , currently there are signs that we are getting close to significant levels for bitcoin ( logarithmic resistance), also the cycles of growth has been slowing down.
If we take into account these factors, I would say the risk ratio is very high currently. The best case scenario we hover between 50 and 60k for few months..
sr. member
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for new bitcoin users / owners who know bitcoin at a price of 80K $, of course they want to benefit from their initial purchase (a common thing in every trade) but those who have bitcoin priced at 20k $ have already reaped several times the profit,
the higher the bitcoin price will definitely be sought after by lovers, who are tempted by the benefits offered but they know bitcon is too late, scary if they buy bitcoin at 80k $ and never  instead get a new ATH but it drops like 2018 back to 20k - 30k
legendary
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Actually it is true and in addition, the BTC being a volatile is simply a risk now. I can say that it is very good to invest in BTC as long as you know the basics and the simple idea of it. The more the BTC go bullish the chance of risk getting higher too. But if you learn how to control or to have some explanations in it. But I suggest that we must be aware of the events and other things that might affect BTC because it is unpredictable and risky to push into it or to enter if you don't have amy idea what is happening to it.

Anyway, if someone wants a fast and more volatile market which can provide a huge amount in return then it's better to look into other cryptos which are good in the short run but the risk may be higher compared to bitcoin.

Bitcoin has always been volatile, that has never changed. Only the amplitudes and frequencies change, but that volatility is what's always attracted people to it if in for speculation, so not sure why it keeps being brought up. A market only over 10 years old is expected to behave like this.

I still think people have to stop seeing Bitcoin as a stock. It's really not.
hero member
Activity: 1302
Merit: 503
The higher BTC goes, the more people will get awareness of crypto currency. Just 3 years ago when BTC touched $19000, i saw more people getting interested in investing. I dont see people losing interest in investing in crypto when BTC increases with time.
Not losing interest, it's just low new buyers. The only thing that make btc have low new buyers when the price high is, people always thinking it's too late to enter the market. They always thinking the price is too high and waiting for dropping price. It's normal.
- Indeed, people still have a lot of interest in bitcoin but for small investors, the price of bitcoin getting too high is a problem with their capital, they don't have enough money and even if they have enough money, the assets they own can only increase marginally as bitcoin grows. Another problem is their psychological instability with such a large amount of money, the worry made small investors falter in decision, attract only big investors, take big risks and take big returns, do not participate in bitcoin, small investors can still join altcoin and help bitcoin grow, everything is still very balanced
legendary
Activity: 1372
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-snip

Your comments seem focused on retail investors but we are in a mainly institutional investors phase. Institutions buying Bitcoin are not so focused on the price now being high or not, rather on buying a pristine asset which is going to surpass and substitute gold as the best reserve asset in the world. This is mainly because the cost of capital has gone up a lot during the past year and it seems it will stay like that for a while, being Bitcoin the best-looking asset protect value.
sr. member
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http://scientificcoin.com/
With every 1000 gain I more and more afraid about 2018-like scenario dump. That will really kill me
hero member
Activity: 1498
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Top Crypto Casino
You can't possibly, especially if coming from traditional finance (sorry to use such an overused term) that entering Bitcoin now or any time in the future could be riskier than entering at any period before 2020.

Every block it mines makes it more secure, more viable, more valid than ever before. Every crisis passed, every new upgrade made, makes it fundamentally stronger, more battle tested, more mature.

Price in short and medium terms are but flashes in the long term. Rewards may be financially "less" but risk is also significantly reduced. Ratio sustained.
People have been looking at bitcoin as high reward investment as the demand for it have significantly increase due to adoption from major companies such as Tesla, Paypal and many more but they must rather think of it as secure and more viable investment as with these adoption will surely provide support on the market.
The reward might not be able to double in a short amount of time like before but it will more secure and stable in the long run. Just as you've said, the ratio is sustained.

Anyway, if someone wants a fast and more volatile market which can provide a huge amount in return then it's better to look into other cryptos which are good in the short run but the risk may be higher compared to bitcoin.
full member
Activity: 1946
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If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.

To understand how BTC works, you need to look at the history of BTC development. History shows us that BTC showed new peaks in its price every four years, and after each such peak, its price went down for a correction. Now, everything is likely to happen the same way, by the end of 2021 BTC will show a new price peak and then go into a deep correction. It is worth noting that, no matter how it was, BTC is a high-risk asset, which has already made it possible to make good money, but also made it so that some investors lost their funds. With the rise in the price of BTC, there is growing interest for investors, as well as doubts about buying it. This is logical, since with a new peak in the BTC price, the risk increases.
hero member
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You can't possibly, especially if coming from traditional finance (sorry to use such an overused term) that entering Bitcoin now or any time in the future could be riskier than entering at any period before 2020.

Every block it mines makes it more secure, more viable, more valid than ever before. Every crisis passed, every new upgrade made, makes it fundamentally stronger, more battle tested, more mature.

Price in short and medium terms are but flashes in the long term. Rewards may be financially "less" but risk is also significantly reduced. Ratio sustained.

Actually it is true and in addition, the BTC being a volatile is simply a risk now. I can say that it is very good to invest in BTC as long as you know the basics and the simple idea of it. The more the BTC go bullish the chance of risk getting higher too. But if you learn how to control or to have some explanations in it. But I suggest that we must be aware of the events and other things that might affect BTC because it is unpredictable and risky to push into it or to enter if you don't have amy idea what is happening to it.

I don't see that this is any more risky because from the start BTC and other crypto are volatile asset types so they never change at the moment.  We can mitigate the risks that exist in BTC with the knowledge that we continue to learn and even experiences from various parties can also be an insight for us in reducing the risk of this type of investment.  Risk management is very closely needed in volatile assets so that for me, until now, there is no difference.
hero member
Activity: 1750
Merit: 589
You can't possibly, especially if coming from traditional finance (sorry to use such an overused term) that entering Bitcoin now or any time in the future could be riskier than entering at any period before 2020.

Every block it mines makes it more secure, more viable, more valid than ever before. Every crisis passed, every new upgrade made, makes it fundamentally stronger, more battle tested, more mature.

Price in short and medium terms are but flashes in the long term. Rewards may be financially "less" but risk is also significantly reduced. Ratio sustained.

Actually it is true and in addition, the BTC being a volatile is simply a risk now. I can say that it is very good to invest in BTC as long as you know the basics and the simple idea of it. The more the BTC go bullish the chance of risk getting higher too. But if you learn how to control or to have some explanations in it. But I suggest that we must be aware of the events and other things that might affect BTC because it is unpredictable and risky to push into it or to enter if you don't have amy idea what is happening to it.
sr. member
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I strongly believe it will reach 1 Million a coin because:

1. Gold will become obsolete (too hard to move around, to transaction and its supply grows 2% each year)
2. BTC is limited in supply (~15 M active coins for the whole world is nothing!)
3. The future is crypto money, we won't be living in ice age forever

The banks are scary like... they will do everything they can to stop it, but will fail.
there is no debate with your opinion, I agree with this...
Bitcoin price today is not a fixed Bitcoin price in the next 10 years and 20 years. Bitcoin price has the potential to continue to rise as time goes on.
legendary
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You can't possibly, especially if coming from traditional finance (sorry to use such an overused term) that entering Bitcoin now or any time in the future could be riskier than entering at any period before 2020.

Every block it mines makes it more secure, more viable, more valid than ever before. Every crisis passed, every new upgrade made, makes it fundamentally stronger, more battle tested, more mature.

Price in short and medium terms are but flashes in the long term. Rewards may be financially "less" but risk is also significantly reduced. Ratio sustained.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
The higher BTC goes, the more people will get awareness of crypto currency. Just 3 years ago when BTC touched $19000, i saw more people getting interested in investing. I dont see people losing interest in investing in crypto when BTC increases with time.
Not losing interest, it's just low new buyers. The only thing that make btc have low new buyers when the price high is, people always thinking it's too late to enter the market. They always thinking the price is too high and waiting for dropping price. It's normal.

If they open their minds about bitcoin's investment, they will not think about it too late to invest in bitcoin because they still have time to start buying bitcoin. If they know that they can buy fractions by a fraction of bitcoin, they will try to use the money they do not use for anything, and they will hold it after they finish buying bitcoin.

Waiting for the dropping of the price will always recommend for people who want to buy bitcoin because that can reduce their risk from fluctuating the bitcoin price. Perhaps, they need to learn more about the bitcoin investment side before buying bitcoin.
full member
Activity: 1750
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btc is a good investment but to invest in as much as 100k can depend on the people if he has a good buying power . yes we are already used to smaller folds but thats small anyway but 100k usd is in a whole nother level because the profit that youl be getting when btc reaches it is also huge .

 dont say that when btc reach 100k the price just only double but you think 100k is easy and small ? well think again and theres no need to ask for another double because we can always profit even if that didnt happen .
hero member
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The higher BTC goes, the more people will get awareness of crypto currency. Just 3 years ago when BTC touched $19000, i saw more people getting interested in investing. I dont see people losing interest in investing in crypto when BTC increases with time.
Not losing interest, it's just low new buyers. The only thing that make btc have low new buyers when the price high is, people always thinking it's too late to enter the market. They always thinking the price is too high and waiting for dropping price. It's normal.
jr. member
Activity: 294
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The higher BTC goes, the more people will get awareness of crypto currency. Just 3 years ago when BTC touched $19000, i saw more people getting interested in investing. I dont see people losing interest in investing in crypto when BTC increases with time.
sr. member
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Of course it seems like it is riskier to invest in Bitcoin when the price goes up to much greater levels. Because we have seen many examples like Bitcoin price reached great ATHs and decreased sharply after it. I wouldn't be surprised if we see the same thing soon also. But to tell the truth, it is actually not a thing that we can predict one hundred percent correctly. So there is always a possibility for you to double your investment, for example.
full member
Activity: 784
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For me I think investing in bitcoin isn't that risky like most altcoins when bitcoin prices hits a new all time high and starts retracing in prices its deep isn't that deep and would surely bounce back, while for some altcoins after hitting a new Ath prices start dumping and will keep going down and coming up again would become very hard because alot of people has dump huge amounts of the coins, this mostly happens to coin with low liquidity . There are people who will always buy bitcoin regardless of the price because there believe bitcoin will always keep pushing higher
newbie
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Many people are buying Bitcoins without seeing the price it has today in fiat value, due to the potential it continues to have as a reserve of value in the future, so it is still cheap
full member
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Looking back at the Bitcoin pumps and dump times I noticed that only altcoins have experienced a significant decline in value compared to Bitcoin.  In addition to Bitcoin, is there any crypto worth owning that doesn't drop in value when Bitcoin falls in price?  So keeping Bitcoin is safer than other altcoins.  People may not buy Bitcoin much anymore, but institutions do, and they've been buying continuously since the beginning of 2021.  I believe that watching the big boys action will be a way for people to keep buying Bitcoin.
full member
Activity: 686
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Funnily enough, I think its quite the opposite and probably even more buyers will enter once the price gets higher. Once it hits $100k people will think, what's this asset? And why is it valued as such? I find that most people will get in once price is high, and not when its still low because it has been established that there is value once price is high. Even amongst traders this is common as there are those who would chase the highs. If people believe that Bitcoin is worth that value, then there will still be buyers.
sr. member
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Price of any stuff goes up only if there are buyers willing to buy that stuff at high rates. The good thing about BTC is that you can buy it in chunks and this is very helpful for people with small capital. Whether you have 1 million or 10 dollars, in both cases you can buy bitcoin, it’s open for everyone.
member
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If you are talking about the short term risk/reward ratio, then you are correct, the higher the price goes, the higher the chance of it falling back. But if it's going to be long term investment, no matter when you invest, you will eventually get profit as long as you don't sell them at a loss.
Hopefully that will be what the bitcoin market is going to follow because that is how stock market goes in a long term. And if bitcoin were to really do that then that means that in the future the growth is going to be much higher than what is the price currently. The people that fear the drops in bitcoin prices are the people that are greedy and wants to get their money quickly thinking that that is how investing works.
copper member
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If you are talking about the short term risk/reward ratio, then you are correct, the higher the price goes, the higher the chance of it falling back. But if it's going to be long term investment, no matter when you invest, you will eventually get profit as long as you don't sell them at a loss.
People can always buy fractions of a coins, don't forget that. But this is also true, less buyers enters the market. Hence, this is also why market correction is an healthy event. No matter how much people hate market corrections, it creates a chance for more buyers to enter the market and helps the price go even higher.
hero member
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Even if the price increases higher, I think people will still buy bitcoin. If they can't buy 1 bitcoin directly, they can buy from a small fraction and hold it until they can have a good amount to sell and make a profit. Perhaps, that is easy to buy bitcoin if those people have a lot of money to buy 1 bitcoin without a problem. If people can see the opportunity to use bitcoin as their investment and make a big profit in the future, they will try to buy bitcoin, especially if the bitcoin price can be down a lot. They will not wait for a long time to buy because the downtrend will come after the price increases.
hero member
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If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
I get what you say but I think you are underestimating bitcoin, there is still a lot of potential, only a few institutional investors have come, most regular people are still out of bitcoin and have not entered the market, now they are afraid to enter precisely because of the reason you are exposing but this is going to change especially if people begin to spend the money they have received from their governments and we being to see inflation going up relatively quickly during the next months.
legendary
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I am tired of these ridiculous arguments from noobs. If BTC goes up, then the risk/reward ratio doesn't get larger. On the other hand, the future prospects will get better as more and more investors enter the market. Investment always picks up pace when an asset is moving up. No one want to invest in an asset when it is crashing. Things would be different if the asset is overpriced. But that is not the case with BTC. Even at current levels, Bitcoin is underpriced.
hero member
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If they buy @ $100k. They don't have to wait up to $200k if they want to make profit.

There's a percentage that they can take profit if they want to. Like if it goes $110k then there's already a 10% of profit and so on and so forth. Buying bitcoin today seems to be expensive for some.

But if you go back to the past, many have expressed the same thoughts about bitcoin's price, stability, adoption and future.
member
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I don't think that we have to worry about it though, as much as the prices go up, I think that people will still be interested in bitcoin no matter what. Yes, the risk/reward ratio goes up but that comes with almost any investment and I think that it doesn't really go up, the prices just go up so it sort of acted like an illusion that the risk/reward ratio go up too. It is the fault of the people that entered in bitcoin at the higher prices.
sr. member
Activity: 2352
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I agree with you, because this is not just a guess-it is information that has been confirmed by many experts and actually makes sense. But it seems to me that the biggest issue is precisely the time frame. And no one can say exactly when this is going to happen and what potential will meet our expectations 100%. And yet in theory it is possible to imagine such a situation - that bitcoin at some very unexpected moment, right on the peak can lose its value and collapse sharply at the very moment when people will be celebrating their profits. I do not fully believe and understand such independence of bitcoin and I think that in time it may present not only pleasant surprises.
Well, such a development of events may well happen. The whales will always be interested in rocking the price boat for super profits. Therefore, the price of bitcoin rises or falls sharply when we least expect it. However, a planned collapse in the price could actually cause panic in the market, especially if the price of bitcoin is very high. Then, after all, every bitcoin holder will be very worried about the safety of his capital. In this case, a domino effect may well occur.
member
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This is quite true based on our point of view as individual investors or small buyers of cryptocurrency but may not be holding true with big institutional investors who are actually used to smaller ROI. Getting a 10% return per year is actually not so bad if you are a fund manager and here in Bitcoin they can make more, that is assuming that Bitcoin will never go back to its "winter" history. I am sure that we are all afraid that after the bull run there can be a big dump that can erase all the gains we are seeing so far. And with Bitcoin, nobody can really guarantee it will never happen. We have to hope for the best while at the back of our mind to be prepared for the worst.
newbie
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It's good that you understand this specifics and give such valuable advice.
Because, unfortunately, not all people can be so critical and attentive to the situation and because of that they encounter certain difficulties and then cannot understand why their expectations are not met.
And that probably distinguishes a professional from an amateur who just sees the money and doesn't want to understand the cause-and-effect relationship.
And of course we should not forget that the situation can change at any time and bitcoin has proved that to us many-many times. So, you should not think that this time everything will be different and you can act as it is said in articles from the Internet. It will not lead to profit - that's a fact.
newbie
Activity: 3
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In any situation, don't expect everything to be easy. Because any asset has a certain specificity and it has to be studied in detail if you decide to use it permanently or choose it as a long-term investment. Of course, this is especially true for cryptocurrencies, because they are one of the most serious and unpredictable assets and they often go through changes that even great experts cannot predict. So, you just need to move gradually, try to spend enough time on analysis and generally not to fuss and not to work in this direction with a lot of money if you do not yet have confidence and sufficient experience.
sr. member
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2. BTC is limited in supply (~15 M active coins for the whole world is nothing!)


I am increasingly curious that if supplies run out, how will the whales and miners act? then where would we go if bitcoin price exceeds $ 100,000, even a million. Will the privilege of bitcoin be lost?
I am very worried if in the end those who own bitcoin are millionaires. small traders rubbing against the bottom waiting for the whales to give it a chance. and if it doesn't deserve bitcoin
it says finish?
hero member
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Bitcoin = Financial freedom
 Of course one who enters into the market has less benefits than one who bought them when there is not enough data to analyze and invest. But still they can be able to make profits but the risks are considerable low than when it was in initial stage to the capital not just the value of capital.
legendary
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people can have an advantage from bitcoin even if price will not double each time.
just because there is an intrinsic advantage to store something with "limite" supply despite collect FIAT money (that has by nature a tendency to become inflactive).
Ok probably we will not see again a big spike like the past, but it will be the same something valuable and useful as a store of value.
legendary
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Isn't increasing buyers the reason bitcoin recently topped out at USD40K+? Rising price means there are more buyers than sellers.
Not necessarily. There is a larger amount of BTC bought than sold, but it doesn't mean there are more or new participants in the trading sessiom than before. If I had a million bucks, I could create a big fuss in the market within seconds. It could be institutional investors just pumping millions into the market while the number of traders is decreasing.

EDIT: there doesn't even have to be more BTC sold than bought. Liquidity is part of the game as well. If someone comes in and sells a thousand BTC, the liquidity could make it easier to pump the market with less than what was sold earlier.
member
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Isn't increasing buyers the reason bitcoin recently topped out at USD40K+? Rising price means there are more buyers than sellers.

I read in an article that many institutions hopped on the bandwagon and played a major part in the notorious uptrend. That's something we can consider unprecedented because, for the longest time, bitcoin's price is almost totally reliant on individual buyers.

This could mean that institutions are just beginning to trust bitcoin--and it's a good thing. It could also mean we can expect more of them to invest and the existing ones to invest more.

So, I agree with you that it will reach 100K, but I don't agree that there will be fewer buyers from that point onwards.

Institutions are just warming up and BTC's price already reached USD40K. Imagine what can happen if they get serious and more of them join in.
legendary
Activity: 2436
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If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.

Dont get too concerned about the "X" factor [x10, x25, x50].
Overall Bitcoin is going to grow and doubling your investment is always special.
If you are a Hodler there is no risk, Satoshi's or Bitcoin quantities in your wallet
will always remain the same regardless of whether the $ value rises or falls.

And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station. 

You could have said when Bitcoin was valued at $1000 that for many people the
train had left the station, the same when it was at $15000.

What about all the price points in the last month, $20k, $30k, $40 - the train is
still at the station. ok you might not be able to get a seat in the front carriage
but there are definitely seats in the carriages further back!


Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.

Very quickly? time is not an issue, it doesnt have to create proof, we dont need
proof. Looking for proof will be the difference on either buying at $38000 or
$48000 or higher. Act Now!

hero member
Activity: 3164
Merit: 937
The volatile nature of Bitcoin has made the BTC investors really greedy. Grin
Is it mandatory for the Bitcoin price to double every now and then?I don't think so.
I think that the risk/reward ratio is pretty much the same,but most of the investors will have to buy smaller fractions of a Bitcoin.
It's true that there are less buyers,who want to buy at a ATH price,maybe that's why the price won't reach 50K USD anytime soon.
legendary
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What creates value is the extent to which people are willing to use it because it has a real benefit in itself or what can be used from it.
Bitcoin provided a different model from many central financial solutions, so it is easy to distinguish that these currencies have a value and it does not matter how much that value is as long as Bitcoin can be divided into small parts.
Satoshi is now less than the dollar 0.00038283 and therefore we still have a lot of time to be afraid of the dollar's value.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
I agree but we also have to accept the fact that even the price of Bitcoin reaches $100,000 buyers will still acquire some fractions depending on how much they are willing to invest no matter how much the price is because that is the spirit of being a Bitcoin hodler/investor and FOMO will still exist.
hero member
Activity: 1722
Merit: 801
The root reason to invest is profit that is taken as percent of gains from original capital.

It does not make sense to say it is not profitable or feasible to invest in bitcoin. Bitcoin has many incremental units and when you invest, you don't have to mandatarily invest in Bitcoin. You can invest 0.1 Bitcoin, 0.01 bitcoin.

The magic for investment in bitcoin is in long run, you will have very less risk than altcoin investment. I believe that bitcoin will increase in price after each 4 year but altcoins can die after 4 years. With altcoins, you will even not have opportunity to get your capital back. In worst altcoins, worst market, you will lose all.
hero member
Activity: 2268
Merit: 588
You own the pen
Is this your conclusion about the price going higher? I think you're wrong because as soon as the price is rising people are curious and wanted to join the trend. You can ask google for that, as soon as somethings going on with the market the people often search about Bitcoin or the crypto industry. The only problem with those people is their lack of understanding and some of them jump to conclusions after they saw some videos about Bitcoin. the truth if the matter is, they need lots of time to study, and as soon as they understand what's really going on with the market most of those people will invest as you can see the result are shown to you right now in the crypto market.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?

I guess that there is a misunderstanding on how human psychology works.

The faster the price grows, the more the news advertising this attracting more new buyers, many of them ignoring the risks.
Of course, many of them will sell lower than they've bought when the FOMO bubble bursts, but the ones with patience and who have invested money they did afford to lose will be happy and wise when the next cycle will go on.
newbie
Activity: 42
Merit: 0
Bitcoin is definitely a better option in almost all cases. Its digital nature enforces a limited supply, fungibility, high divisibility, and great portability.

Moreover, some experts consider BTC to have an even lower inflation rate due to its cyclic reward halving which makes it even better than gold for long-term investors.
legendary
Activity: 2170
Merit: 1789
I'm pretty sure most of the buyers who buy BTC, for now, are expecting it to be the strongest asset and less volatile (compared to other cryptos), which is good for mid-term and long-term investment. What most people are waiting to happen is the alt season where the 20x-50x that you are saying for is gonna happen.
legendary
Activity: 1834
Merit: 1208
Theoretically yes a holders will hold his coins and not sell it until the price reach high amount, so he will not buy it.

But the fact is many peoples are still buy and sell Bitcoin, look how high the volume today right now $65,039,919,084 [1] it mean even Bitcoin price become higher, many buyers is still entering the market. Most of the market volume is from the traders.


[1] https://coinmarketcap.com/currencies/bitcoin/markets/

hero member
Activity: 2562
Merit: 577
Especially the less likely more people will buy (well individual buyers so to speak) i know institutions and big corporations won't have problem buying even when the price reaches a new highs, assuming btc is now trading at $100k, not many people will be interested in buying at that price because they may feel it will be hard to get a good return of investment, but knowing the capability of btc, it is very likely to see x2, only those who have the market experience will know this, new joiners won't understand it so.
What i sometimes pounder about most is, at what point will btc price stop increasing? because we keep seeing different predictions and the possibilities of btc to reach such predictions.
newbie
Activity: 3
Merit: 0
I agree with you, because this is not just a guess-it is information that has been confirmed by many experts and actually makes sense. But it seems to me that the biggest issue is precisely the time frame. And no one can say exactly when this is going to happen and what potential will meet our expectations 100%. And yet in theory it is possible to imagine such a situation - that bitcoin at some very unexpected moment, right on the peak can lose its value and collapse sharply at the very moment when people will be celebrating their profits. I do not fully believe and understand such independence of bitcoin and I think that in time it may present not only pleasant surprises.
legendary
Activity: 3472
Merit: 10611
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
Bitcoin's previous ATH was $20k and double that is $40k which was reached. Double that is $80k which will be reached too.

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until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
10x, 20x, rises are bigger than double (2x) rises Cheesy

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But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
no it won't be bigger. If you have $1 worth of bitcoin when it goes from $10 to $20 you make the same amount of profit as when it goes from $1000 to $2000 or $40,000 to $80,000.
Same with drops. You would have lost the same amount of money when price fell from $1200 to $150 or from $20,000 to $3,200 (87% versus 84%) and when it falls from $500,000 to $100,000 (80%).

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And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Irrational people will always act the same exact way, they will continue panic selling and panic buying no matter what the price is. The only thing that will change is the size of the market ergo their effects on the price.

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Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
Reaching $1 million will also be slow just like all the previous targets. There is no reason to show any signs or even reaching it quickly. It is all a matter of adoption and adoption happen slowly.
legendary
Activity: 2576
Merit: 1655
Maybe what you mean is that  as the price increases in the future, the exponential growth will slow down, which is true. However, what makes the argument is that bitcoin is going to be scarce as well, that's why it is the most sought asset in crypto because of this one. Yes, the growth might stall, but with more people looking to buy at whatever price it is, I doubt that there are less buyers that are going to enter, on the contrary it might balloon as everyone is looking to make bigger profits in the future.
member
Activity: 168
Merit: 11
People would hold Satoshi for years in the hope that it would reach million dollars mark. Eventually they would die of old age with a lost password key.
As Bitcoin reaches the value of a Trillon dollar , we are gonna see a swing of hundred billions in a day —- which is similar in size of small to mid size country’s GDP. It’s incredible.
I think There will be lows and highs. Take the advantage to buy more or add more if it's going down.
legendary
Activity: 1358
Merit: 1093
I strongly believe it will reach 1 Million a coin because:

1. Gold will become obsolete (too hard to move around, to transaction and its supply grows 2% each year)
2. BTC is limited in supply (~15 M active coins for the whole world is nothing!)
3. The future is crypto money, we won't be living in ice age forever

The banks are scary like... they will do everything they can to stop it, but will fail.
member
Activity: 204
Merit: 10
If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
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