Who buys Bitcoin at $500k - page 4. | Bitcointalksearch.org

Mahanton

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Quote from: Bravut on February 17, 2024, 07:01:03 AM

Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin has pass $50k but for me,we need a close watch.We are expecting halving in April, looking at the daily chart we see Bitcoin moving to $67k but I expect to see retracement to $40k before any move so as to gather enough momentum.
Bitcoin has more buying pressure on it now than ever because of;
ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins .
Election would also have impact on it move, because of general election coming up in over 50 countries of the world.
Inflation taking it lead.
Tension in economy of countries,etc.
But holding till September 2025 would be worth it since the bull run will last till then.
My question is who buys Bitcoin at that price..?
Will the value of Bitcoin keep increasing after then?

The best thing that you can do into this market or with your investment is that never ever make yourself do really tend to hear out or follow someones calls or analysis no matter how known or popular they are.
We are all speculators into this field on which it would really be that best that you should really be sticking into your own analysis and your own approach when it comes to trading. 500k? If ever Bitcoins price did really be able to hit up that kind of level then it would really be actually or honestly hard to tell on what are the things that could really happen. Who buys BItcoin on 500k? For sure to those people who would really be that
projecting that Bitcoins price that would really be going to 1M per coins. It would really be that depending all basing up with the demand and recognition.

Cant really be that be able to deny that when it comes into such condition then you would really be having those doubts whether it would really be that crashing up that
hard or would really be shooting up even more when it comes to price.

tabas

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Quote from: Bravut on February 17, 2024, 07:01:03 AM

Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin has pass $50k but for me,we need a close watch.We are expecting halving in April, looking at the daily chart we see Bitcoin moving to $67k but I expect to see retracement to $40k before any move so as to gather enough momentum.
Bitcoin has more buying pressure on it now than ever because of;
ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins .
Election would also have impact on it move, because of general election coming up in over 50 countries of the world.
Inflation taking it lead.
Tension in economy of countries,etc.
But holding till September 2025 would be worth it since the bull run will last till then.

All that you have said can be factors to Bitcoin moving to that price. I'm not expecting that price for Bitcoin to reach for this cycle but if it does, why not? Grin

Quote from: Bravut on February 17, 2024, 07:01:03 AM

My question is who buys Bitcoin at that price..?
Will the value of Bitcoin keep increasing after then?

There will always be buyer at that time. It might that be expensive already but many are going to buy in fraction because that's one reason for one to buy. Doing it in fractions. I think this comparison is applicable that several years ago, people were also asking the same thing who's going to buy this expensive Bitcoin at $20k? And then years has passed, it has doubled, tripled on the last ATH and likely to move the same pattern again.

Nrcewker

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Predicting something this wild needs lots of guts I must say. Yes 100k price is still acceptable, but 500k is really too high. If by chance also bitcoins reaches 500k, then I am pretty sure that many will still buy it. The reason is pretty simple, bitcoins are limited in numbers and the prices are increasing day by day. Hence more people will buy it at current price and will try to sell it later to yield more profits. Hence the price doesn’t matter at all, as the supply is fixed, hence people will demand to buy always.

btc_angela

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Quote from: Bravut on February 17, 2024, 07:01:03 AM

Bitcoin to rally more than $500k says some crypto analyst.

Who is this crypto analyst?

Quote from: Bravut on February 17, 2024, 07:01:03 AM

But holding till September 2025 would be worth it since the bull run will last till then.

Of course, holding is one of the best strategy, buy and then HODL, easy as that.

Quote from: Bravut on February 17, 2024, 07:01:03 AM

My question is who buys Bitcoin at that price..?
Will the value of Bitcoin keep increasing after then?

Anyone can still Bitcoin at that price, it's not that you will be buying 1 BTC immediately. The game for most of us here is what we call stacking stats. That is we accumulate Bitcoin or Satoshi as much as we can, doesn't matter what the price will be. As long as you can save and hold it for long term, you can make profits.

Oshosondy

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Quote from: Bravut on February 17, 2024, 07:01:03 AM

Bitcoin to rally more than $500k says some crypto analyst.

It is possible that bitcoin will get to $500000 but I do not think it is going to get more than $170000by 2025 is my prediction

Quote from: Bravut on February 17, 2024, 07:01:03 AM

My question is who buys it then at that price..?

This is not a question. Who are buying bitcoin now?

Although more people are already knowing that there are bull and bear time. Most people will sell if bitcoin price has gotten to six digits. If the bear time comes, expect more people to sell than buy and that could trigger another bear market.

Bravut

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Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin has pass $50k but for me,we need a close watch.We are expecting halving in April, looking at the daily chart we see Bitcoin moving to $67k but I expect to see retracement to $40k before any move so as to gather enough momentum.
Bitcoin has more buying pressure on it now than ever because of;
ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins .
Election would also have impact on it move, because of general election coming up in over 50 countries of the world.
Inflation taking it lead.
Tension in economy of countries,etc.
But holding till September 2025 would be worth it since the bull run will last till then.
My question is who buys Bitcoin at that price..?
Will the value of Bitcoin keep increasing after then?

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