Topic: Who buys Bitcoin at $500k - page 2. (Read 548 times)

5 years ago questions like this also applied. Who would buy Bitcoin for $50k?
In fact the price of bitcoin in 2021 passed $50k and currently the price of bitcoin is even stable at around $50k. even in this bullish period the price of bitcoin could easily reach $100k. The point is that what seems impossible now could become a reality in the future.

As the price of Bitcoin is currently at 50 thousand dollars, people are still investing with Bitcoin, but not everyone is moving forward with Bitcoin. If the bitcoin market goes to $500k in 2025 or so then I think people will buy bitcoin from there just like people are buying it now. There is no end to what people want, people can want and buy at any moment. When it comes it will tell what position Bitcoin will create and what will happen to people.

Realizing this as soon as possible makes someone do a lot better. I understand that it may not feel all that well to invest into something that you think bubbled up and could burst at any point, but it is also true that anytime bitcoin has gone up, it has managed to go down eventually as well, that is why it is so important.

I believe that the best thing to do would be keep buying and holding long term, if it ever passes 500k then we already made 10x return which is great, but even if it goes under that price after a while, I bet that if you hold it long enough then it will keep growing. These are all important stuff that we should keep doing, that is how we make some money from it. I believe that it will be quite well without a doubt.

Who is this "crypto analyst"? Would you mind sharing his name or you want to keep it a secret?
I don't think that the elections around the world have any major influence over the Bitcoin price.
Bitcoin will never reach 500K USD. This is ridiculous. Who is doing to spend trillions of dollars pumping the BTC price that high?
Inflation and "tensions in economies of countries" influencing the BTC price? Let me remind you that the inflation in many countries back in 2022 was way higher, but the BTC price in 2022 dropped from 45K to 15K USD, due to the Terra/Luna crash, Three Arrows, FTX drama, etc.
The theory that global inflation is pumping the Bitcoin price isn't always true(it's not true in the short term).  

1 bitcoin worth 500k USD or 1 million USD is not a barrier for anyone who wants to invest in bitcoin because no one forces you to buy full 1btc. Like you are now, are you buying full 1 btc per purchase, or are you also accumulating Satoshi every day?

Our goal of investing in bitcoin is profit, so as long as bitcoin still has profit potential, even if it is worth $10 million, we still have to buy it and wait to sell it at a higher price. When investing in bitcoin, we need to care about what price to buy and sell at to get the best profit. Don't make the excuse that bitcoin is too expensive and we can't invest in it.

buying at 500k will surely not in my line , I would rather use altcoins those days when it happened because that is not even coming to my whole assets.
500k is more than a lifetime funds for me in my country and can even bring my 3rd generation to live better.
and the question is why need to wait reaching this price when we can purchase now at super cheap prices?
the value of bitcoin will keep increasing but having 500k in its price is so far to reach.

Probably the investment companies that think that they don't have enough bitcoin yet, Grayscale and Microstrategy will still buy bitcoin at that price I can guarantee that and eventually it's people that will have no choice but to buy because bitcoin's price floor is never going to go much lower than 500k, don't worry too much about it, we'll probably see it in the future but it's definitely not right now.

at that time there will always be people buying bitcoin. We can take this question back to the past when the price of bitcoin was still in the range below $1000. at that time, who will buy bitcoin at $50k? At that time the value of $50k was still very high, but now the potential price of Bitcoin could even reach $100k. At that time, I feel that there will be people who will buy bitcoin for $500k. If the price is stable, then many holders at that time believe the price of bitcoin can reach an even higher price.

Nothing is impossible in this digital financial world. If you say that, look at the example of alt coins
SEX Odyssey https://coinmarketcap.com/id/currencies/sex-one/ with an incredibly high price with a supply of only 1 coin. Sorry, I'm not comparing, just my thoughts. I think there will be even more interest for BTC even though the price you estimate will come in time.

We're in ETF land now.  It isn't about buying Bitcoin at $500K, it's about buying shares of an ETF at whatever price they're selling for if you're most people.  I'm sure there are already people who have a lot of money invested in Bitcoin and don't care about the price of Bitcoin, but care about the price of the ETF.  Sure, this doesn't really make sense, but it's where we're headed.  Maybe someday most Bitcoin holders won't even hold real BTC.  They'll just invest in it like a stock and worry about their return.  Who knows, maybe there's even a future where people don't realize Bitcoin can be sent from person to person, just like satoshi described in the whitepaper (that's sarcasm).

Your question may be if bitcoin reaches $500k no one will buy bitcoin? Can you imagine if Bitcoin reaches $500k people will invest the way they are investing now. If Bitcoin goes to $500k it will probably be higher so people will keep investing waiting for the next new ATH. Since the number of bitcoins cannot be increased, but the popularity of bitcoins is constantly increasing, there will come a time when the price will be beyond imagination. So Bitcoin will grow and grow at its own pace.

Basically bitcoin is going out from hype stage because since the adoption of bitcoin is getting high its when people do their own mind direction without following the methods of hypers or influencers, so the volatility of bitcoin will increase it adoption, because onces people make profit in bitcoin the information continues to circulates, hypers is like people who just like make their own analysis concerning bitcoin and come up with their own results, that what I'm seeing in bitcoin right now, because everyone wants to be specialist in bitcoin.

It's all predictors of bitcoin that conduct a research before making their analysis to the public, some people just make their own analysis based on they want to predict the future of bitcoin in order to be firm whereas some people take some days weeks and months to study bitcoin and come out with a tangible results, and that is while some of the predictions of bitcoin when you followed it, it will be similar to prediction that happened some months ago.

Their some predictions that is false when you come across of it, actually I have come across of some predictions that many were emphasising that bitcoin price will reach or hit one hundred thousand [100k] and looking at the conditions or the nature you can see that predictions that being made for more than two years has not come to reality or into existence, so we should not allow anyone to deceived us concerning the price of bitcoin, we should know that what determine the increase of bitcoin is the market demands and supply and when the demand is higher then the market will continue to skyrocket or flourish.

Trust me there will be 100's of thousands of people who would but Bitcoin even if it reach $500k. Man, that $500k isn't a big value for Bitcoin because most people who currently have Bitcoin in their possession are hoping to hold it until it reaches $1M which's double of that $500k.

Bitcoin is not going to stop at $500k or at $1M, in fact some people expect that within 40 years Bitcoin might reach or cross $5M a coin. If that happens then those people who may not have bought Bitcoin at $500k would regret just like the ones who aren't buying it now.

Basically whoever bought it at 68k as well. The idea is true that price of bitcoin will go up, and people will keep on buying it, not everyone will buy a full bitcoin, and not everyone will be able to buy more than a few thousand satoshi at most, but the purchases will keep on going.

Considering the higher we go the less liquidity we have, we could say that most will hold it anyway, there is no reason to sell it so the buyers will be trying to get some of the few that is still standing. I can see how it could become a very scarce asset and the price will be impacted because of it. Maybe it will be 500k and maybe it looks a lot now, but when the day comes, you will see that it is going to be great eventually and could be done same.

Bitcoin started its journey in 2009 and the current value of 2024 has increased hundreds of times. Current Bitcoin value in 2024 is $52000. Most experts believe that Bitcoin price will exceed 1000000 $ this year. Also Bitcoin historical chart shows that it has increased a lot in last 10 to 14 years. So it is not unusual that its price will not exceed 500k. Maybe it needs a long time. If its value increases, people will be more confident in Bitcoin. As a result, more and more people will be interested in investing and trading in Bitcoin. I personally think that the growth of Bitcoin is profitable and a reason to believe.

Bitcoin price may be 500K but after 2030. At present the price of Bitcoin will touch 6 digits, like over millions of dollars. BITCOIN PRICE Every investor will correct his guess In 2025, the more the investor withdraws and invests, the more benefits he can reap. That's why wise people are analyzing Bitcoin the most, Bitcoin is so widespread among investors today that it will only increase in demand and importance in the future.

If Bitcoin goes to $500k we will still be investing the way we are investing now. If you look at the current direction you can see very well from this price we are buying and investing when bitcoin price dropped so much that it went to $15k but people were not able to buy since that time people bought and invested but still the market  No one has invested since the rise but has not stopped. The higher the demand for Bitcoin the better for us because we buy now we will buy then. Bitcoin is always dynamic and Bitcoin will always be dynamic. If Bitcoin can bounce from $15,000 to $52,000 and if it can reach $500,000 from here, it will definitely go above $500,000.

If it's not me, it's you, if it's not you, it's someone else.
There will always be people buying bitcoin as long as bitcoin is still adopted as a means of payment and currency in various businesses. You don't need to worry about that even though the average holder will likely sell it at $100K or $200K in the future. You only need to worry if you don't have any bitcoins in your wallet when $100K, $200K or $500K becomes a reality.

Remember the gambling business? They have adopted bitcoin as a currency and I am sure gamblers will still use bitcoin for gambling regardless of its price in the market. But of course - $500K is too high in my opinion.

From the stage where the price of Bitcoin was in the beginning, we never expected that the price of Bitcoin could reach 50K or more but it has already happened. Similarly, when the price of Bitcoin is 500K, it is not essential. This is certainly possible in the trading business. As Bitcoin has huge potential. This year since the halving, the price of Bitcoin will increase significantly. We don't see it going to the 500K price anytime soon, but we wouldn't be surprised to see it go to that position in a few years.

even though this is the year of halving or 1 year after halving bitcoin it is still very unlikely that the price will touch 500k dollars. sending fees will get more expensive and have the effect of people being lazy to use bitcoin for transactions because of the expensive sending fees. will only become collectors if the price reaches 500k dollars.