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Topic: Who buys Bitcoin at $500k (Read 548 times)

legendary
Activity: 2268
Merit: 1074
zknodes.org
February 26, 2024, 07:37:34 PM
#66
There will probably always be buyers even if prices get real high.  I reckon lotsa folks will buy just bits and pieces. Maybe we'll finally be counting satoshis soon. Wink Makes me think back to a few years ago when people were wonderin the same thing. Could likely see history repeatin' itself.

Yes, like the question of who will buy Bitcoin at $10 $100 $1000 and even now it will reach ATH at $100k, it could even reach $500k. This can all happen easily when the upward cycle has occurred. The more Bitcoin pumps up the price, the more people will always buy it even though the price is quite expensive. All of this requires a process and certainly won't happen overnight.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
February 26, 2024, 01:19:59 PM
#65
But holding till September 2025 would be worth it since the bull run will last till then.
It depends on your plan. For me, as long as you will sell at the peak or near to it then it's all worth it. It's worth the wait when you sell your coins that you're holding at a profit.

My question is who buys Bitcoin at that price..?
Those who want to buy it.
Many also question that in the past. Who will buy Bitcoin at $30,000? At $40,000? At $50,000 and so on. There will, and will always be buyers at any price because they believe that they can still get profit even though the price is too high already. I guess this is also there reason why there is a thing called "Greater Fool Theory".

    Will the value of Bitcoin keep increasing after then?
As long buyers are way more than sellers then the price will continue to increase.
legendary
Activity: 1946
Merit: 1224
'Life's but a walking shadow'!
February 26, 2024, 11:34:03 AM
#64
My question is who buys Bitcoin at that price..?
Anybody who wants to buy, people can buy Bitcoin whenever they want to. Bitcoin price right now is above $52,000, some people are actually thinking it is too high to get in now, whilst others are buying, this would be the same scenario when it goes as high as $500,000, some people would refuse to buy because they think it cannot rise far more than that, until they witness it get to $1m.

Having said that, both $500,000 or $1m is very far from now, Bitcoin price is not going to rise as high as this in a short period of time, it will take many years, coupled with a few more halvings, other events, and more demand.
sr. member
Activity: 2254
Merit: 439
Cashback 15%
February 26, 2024, 11:25:14 AM
#63
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?

okay I know what I will do if it reaches 500k by 2025.

Sell
sell
sell
You need to think about why bitcoin might be worth so much. Maybe it won't be about bitcoin, but about the huge inflation of the dollar. Then it will be safer to keep your money in cryptocurrency. Many people easily sold bitcoin for $1k and later regretted doing so.
jr. member
Activity: 0
Merit: 0
February 26, 2024, 11:09:48 AM
#62

okay I know what I will do if it reaches 500k by 2025.

Sell
sell
sell

Yh to make more profits.
Will you sell all your Bitcoins then? Or you sell just a fraction of it.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
February 25, 2024, 10:54:11 AM
#61
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?

okay I know what I will do if it reaches 500k by 2025.

Sell
sell
sell
legendary
Activity: 2086
Merit: 1058
February 25, 2024, 10:52:24 AM
#60
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.
Not a lot of people will understand it, its not going to end that well for plenty of them because they have no idea what they are doing. I get that its not going to be all that easy and we should try to avoid it as much as we could, that's just not how it works at all. I personally believe that we should be staying away from it as much as we possibly could.

The best thing about the current situation is that we are dealing with a market that is volatile and many people think that we are going to see 500k and stay there, we are not. We will move one way or another whatever the price is, and we need to keep focusing on that for a good amount of time. I think that should be the most important part, volatility will stay for good.
sr. member
Activity: 686
Merit: 403
February 25, 2024, 07:11:29 AM
#59
It's not always possible until all of a sudden it becomes a reality, trust me, there will be many people buying bitcoin at whatever price it will be in the future, but this bull season, we will never see such price per Bitcoin, maybe 150k max and anything over this is dangerous.

It will get to the point where there won't be many Bitcoin around, the scarcity will be so big that value will hit bitcoin like never before, there will always be late comers, those who fold hands today, still thinking that Bitcoin will crumble, they are the people that will fomo into Bitcoin because they just can't take it anymore, they won't have any choice than to buy then..

To get your hands on 0.23BTC will be extremely hard as the value could be worth 1.5BTC of today, that's the problem, many people focused so much on today, instead of the future, even if the future isn't guaranteed, nothing should be stopping us to hope for a better future.
full member
Activity: 994
Merit: 137
★Bitvest.io★ Play Plinko or Invest!
February 25, 2024, 06:58:50 AM
#58
There will probably always be buyers even if prices get real high.  I reckon lotsa folks will buy just bits and pieces. Maybe we'll finally be counting satoshis soon. Wink Makes me think back to a few years ago when people were wonderin the same thing. Could likely see history repeatin' itself.
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
February 25, 2024, 06:33:42 AM
#57
When the Bitcoin was $1000 people would have asked the same question like who will buy it when bitcoin will be traded at $10000 or when it was $5K people would had same question but now people are still buying at $50k which mean even in the future people will buy Bitcoin and it's not like we are buying one complete Bitcoin but rather people do DCA or even buy only during the dips hence I don't think think it would be a challenge. We are still far away from $500k hence let's discuss on more relevant topics which would help the community.
Yes, that's what happened before Bitcoin rose $1000. Even when the price was only able to reach $200 at that time, people didn't think to see Bitcoin price go to $69k for its last ATH. But it's all proven and many people regret never investing in Bitcoin even for just 1 BTC.

So when the price reaches $500k, there will be people who will still buy it. But very few people can afford 1 BTC at $500k. Most people can only afford the smallest denominations of BTC.

But if people have done DCA from a few years ago until now, they really get big benefits. Especially if they already have a lot of Bitcoin that they still keep. But we will never know when Bitcoin will reach $500k.
hero member
Activity: 1540
Merit: 564
Eloncoin.org - Mars, here we come!
February 25, 2024, 06:14:09 AM
#56
When the Bitcoin was $1000 people would have asked the same question like who will buy it when bitcoin will be traded at $10000 or when it was $5K people would had same question but now people are still buying at $50k which mean even in the future people will buy Bitcoin and it's not like we are buying one complete Bitcoin but rather people do DCA or even buy only during the dips hence I don't think think it would be a challenge. We are still far away from $500k hence let's discuss on more relevant topics which would help the community.
legendary
Activity: 1568
Merit: 2581
Top Crypto Casino
February 25, 2024, 06:03:28 AM
#55
My question is who buys Bitcoin at that price..?

Can you imagine someone asking a similar question 3-4 years ago? "Who buys Bitcoin at $50k?" The value of one bitcoin was well below <$10k back then. But here we are now. (not to mention 2021/22). The point is, there is always someone buying bitcoin, just as there is always someone selling it. No matter the price.

Will the value of Bitcoin keep increasing after then?

It is impossible to predict the future, but most likely yes. As long as there is new demand, the price is likely to rise due to limited supply.
hero member
Activity: 854
Merit: 772
Watch Bitcoin Documentary - https://t.ly/v0Nim
February 25, 2024, 04:48:41 AM
#54
My question is who buys Bitcoin at that price..?
    Will the value of Bitcoin keep increasing after then?
Everyone buys bitcoins every time, people buy it when it reaches a new ATH and people sell it when it's at its lowest. There are moments when you think who would buy it or who would sell it right now but people always make decisions.
From my understanding, some people risk to buy Bitcoin when its price is high because they are day traders and want to make a small profit in a short timeframe, i.e. someone buys Bitcoin at 50K, thinks it will rise at least up to 51K, sells there and that's all but there is one unlucky day when market crashes, bears take the edge and this plan fails.
newbie
Activity: 25
Merit: 14
February 25, 2024, 04:33:42 AM
#53
Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin may never exceed $500k before 2028. If you think this will happen in the next two years, you are still wrong. Many may unknowingly say it is going to do it very quickly but in reality it won't, because there are many steps before it that will only complete it after going through them. I also think $500k would be perfect.
You are thinking that in 2028 the price of bitcoin will be 500k but I think maybe in 2040 or 2045 the price of bitcoin will be $500k. Many people are saying that the price of Bitcoin will be $500k dollars this year, maybe that is their far-fetched thinking, but it will not happen in reality. As the price of Bitcoin is now rising, many crypto analysts believe that the market will turn upside down after the Bitcoin halving.

I think when the bull run starts in the market bitcoin price can go to $150K this is the first step to increase my bitcoin price. Bitcoin prices spiked when the Bitcoin ETF happened, just like when the Bitcoin halving happened, the Bitcoin price spiked again.
sr. member
Activity: 1036
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
February 25, 2024, 03:59:15 AM
#52
Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin may never exceed $500k before 2028. If you think this will happen in the next two years, you are still wrong. Many may unknowingly say it is going to do it very quickly but in reality it won't, because there are many steps before it that will only complete it after going through them. I also think $500k would be perfect.
legendary
Activity: 3080
Merit: 1144
February 24, 2024, 04:07:49 PM
#51
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.

This is different situation since the marketcap back then is relatively small including right now at 50K compared when Bitcoin is at 500K. 500K will put Bitcoin to 10.5Trillion dollars which is already insane when you think about it now. Maybe in the future this is normal when inflation hits hard and decrease the value of $.

I think buying at 100K is more relevant question compared on asking about 500K or more since 100K is already a milestone achievement for Bitcoin if ever this will happened with the existence already of Bitcoin ETF.
I guess this is not a practical question anymore. People will surely buy bitcoin as long as there are potentials to increase its price, even if the price reaches $500k in the future. But most probably, we should not jump into a much bigger price that we think is still impossible to achieve these days. Let’s focus on more realistic prices like $100k to $150k which I think will become the new price resistance levels in the next few months or years. Although $500k will still be possible, but I guess it may take 5-10 years before that price will be realized.
legendary
Activity: 2226
Merit: 1249
February 24, 2024, 01:29:46 PM
#50
if there are people who buy bitcoin at $50k or $60k, it means there will be people who buy bitcoin at $500k, but maybe if bitcoin reaches that number it means we will buy or sell bitcoin in smaller forms, such as satoshis. by trading bitcoin in smaller amounts, bitcoin can be purchased by anyone at any price range.

Not only that - if we disregard all the noise around the ETF's and the upcoming halving
and travel back to when Bitcoin was valued at lets say $500 and ask the question....
Who will buy Bitcoin at $50,000? the arguments I'm sure were or would have been the same.

1. - Its a matter of perspective, the question is about a future price which is far away
in a number of years

2. - realistically is the market going to die a death as soon as its hits $500,000?

So long as there is positivity and demand in the Bitcoin network there will be buyers
and sellers at any price.
full member
Activity: 644
Merit: 152
★Bitvest.io★ Play Plinko or Invest!
February 24, 2024, 12:53:44 PM
#49
if there are people who buy bitcoin at $50k or $60k, it means there will be people who buy bitcoin at $500k, but maybe if bitcoin reaches that number it means we will buy or sell bitcoin in smaller forms, such as satoshis. by trading bitcoin in smaller amounts, bitcoin can be purchased by anyone at any price range.
hero member
Activity: 2744
Merit: 761
Burpaaa
February 24, 2024, 12:08:33 PM
#48
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.

This is different situation since the marketcap back then is relatively small including right now at 50K compared when Bitcoin is at 500K. 500K will put Bitcoin to 10.5Trillion dollars which is already insane when you think about it now. Maybe in the future this is normal when inflation hits hard and decrease the value of $.

I think buying at 100K is more relevant question compared on asking about 500K or more since 100K is already a milestone achievement for Bitcoin if ever this will happened with the existence already of Bitcoin ETF.
full member
Activity: 15
Merit: 1
February 24, 2024, 11:58:11 AM
#47
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.
Bitcoin price crossed $50k in 2021 and touched a high of $69k perhaps the highest price in Bitcoin history. We all expect that after the Bitcoin halving, when the bullrun starts in the market the price of Bitcoin will be in the millions of dollars. But the OP said Bitcoin would be worth $500k dollars which sounds impossible to me.

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.
It sounds ridiculous, will the price of Bitcoin even reach $500k in 2025? I don't think it's possible that bitcoin will never hit $500k dollars. What we can predict is that the price of Bitcoin in 2025 will probably be at most $100k as many are predicting.
full member
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Sugars.zone | DatingFi - Earn for Posting
February 24, 2024, 09:49:17 AM
#46
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.
sr. member
Activity: 1288
Merit: 451
Sugars.zone | DatingFi - Earn for Posting
February 24, 2024, 12:42:41 AM
#45
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?
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.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
February 22, 2024, 05:02:24 AM
#44
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.
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.
hero member
Activity: 2954
Merit: 906
February 21, 2024, 07:47:29 AM
#43
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?

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).  
legendary
Activity: 2058
Merit: 1042
HODL
February 21, 2024, 05:02:48 AM
#42
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?
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.

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.
sr. member
Activity: 2618
Merit: 439
February 21, 2024, 04:03:10 AM
#41
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?
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.
sr. member
Activity: 1428
Merit: 308
★Bitvest.io★ Play Plinko or Invest!
February 21, 2024, 03:36:11 AM
#40
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.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
February 20, 2024, 11:44:51 PM
#39
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.
full member
Activity: 322
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Sugars.zone | DatingFi - Earn for Posting
February 20, 2024, 11:35:31 PM
#38
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.
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
February 20, 2024, 08:31:19 PM
#37
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).
full member
Activity: 336
Merit: 185
February 20, 2024, 05:45:22 PM
#36
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?
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.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
February 20, 2024, 04:19:43 PM
#35
Take note that bitcoin won't be in a hyper-growth stage like it is right now forever. There will be a point in time where people will also be buying bitcoin for its growth(slower, but less volatile) increase, but mostly for its gold-like properties and due having self-custody.
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.

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.
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.

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


I never say anyone predict the top correctly and it's always wildly overestimated. In 2017 the eyes were at $100k, in 2021 it was $250k and we all know how it went and where the actual bull cycle peaks were. Don't let all these predictions affect your decision-making and remember that after the bull market there will be bear market.
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.
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Top Crypto Casino
February 20, 2024, 03:39:26 PM
#34
My question is who buys Bitcoin at that price..?
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.
hero member
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www.Crypto.Games: Multiple coins, multiple games
February 20, 2024, 01:44:33 PM
#33
My question is who buys Bitcoin at that price..?
    Will the value of Bitcoin keep increasing after then?
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.
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February 19, 2024, 08:49:13 AM
#32
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.
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February 18, 2024, 08:44:18 PM
#31
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?

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.
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February 18, 2024, 07:16:32 PM
#30
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?
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.
legendary
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February 18, 2024, 06:53:17 PM
#29
Quote
Re: Who buys Bitcoin at $500k
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.
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February 18, 2024, 06:38:48 PM
#28
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.
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February 18, 2024, 05:46:04 PM
#27
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?

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.
legendary
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LE ☮︎ Halving es la purga
February 18, 2024, 05:19:41 PM
#26
Don't see the glass as half full...

14 years ago, if someone posed the same OP conjecture, what would they have said. Today with this price (+50k) we are less than 10x, hence, of course the asset is going to be sold.

 You're thinking about the size of your funds, that's why you see the glass as half full.
sr. member
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February 18, 2024, 05:10:08 PM
#25
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?

Your question is the same as when the price of bitcoin was still thousands of dollars, many people asked whether anyone would buy bitcoin when the price touched $10k and in fact the price of bitcoin continues to be bought by people even though a few years ago the price of bitcoin reached $67k.
one thing I have learned in the market, whatever the price of bitcoin, bitcoin will continue to be of interest to people, especially investors with a lot of capital, they will look at bitcoin as a good investment, besides that bitcoin has been proven to be immune to inflation which makes investors Professional investors are confident about Bitcoin's future.
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February 18, 2024, 03:13:09 PM
#24
Bitcoin to rally more than $500k says some crypto analyst.
Have you forgotten what happened in the past cycles when Bitcoin buys or sells? People (I don't want to call them analysts) will just be running their mouths. This is not different, but I can only advise you that you should rather be focused. Learn how to speculate, that's the only way you will not confuse yourself. At barely $51,700, Bitcoin is over $1T in market capitalization. What would it be when it is $500,000? That will be close to $10T. And you expect this to happen within months or barely a year? These guys are jokers.

Quote
ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins.
I don't get you, you mean ETF will limit the risk of investors? Maybe you should go back to your readings. It doesn't work like that and I do not even know how it will further seriously impact Bitcoin, to be candid with you, judging by how the ease of investing in the coin is already structured. Unless for better keeping, and you should be ready for more charges with ETF if you pass through them.

Quote
      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.
Really, the US election does impact assets because most are paired with the USD which is the number one currency in the world. But it doesn't work as you said. The impact will be very minimal. It might cause some spikes and aggressive movements like whipsaws but they are not always so impactful to be worried about.

Quote
My question is who buys Bitcoin at that price..?
    Will the value of Bitcoin keep increasing after then?
Do you mean in 2025? Well, one has to be careful in further buying of Bitcoin in 2025. The year is the year I believe that Bitcoin might slip back into a bearish mode if the past histories are to be considered.
sr. member
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HODL - BTC
February 18, 2024, 03:05:18 PM
#23
Bitcoin $500K is it a cycle now? Crypto experts may say it's too much because it's unrealistic.

Whatever the price of bitcoin, someone will buy it when the price is $500K, the market capitalization will be quite high, which means the demand is getting higher, right? Now on the other hand, when the price is the lowest, who buys it? Not because they want to buy low but the demand will always be there.

Bitcoin is increasing? We look at the history of bitcoin cycles over the past decade or so, isn't that a sure hope? Although we never know where bitcoin is going.
Believe me the price will remain high because many people and institutions are already taking it.
legendary
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February 18, 2024, 03:00:38 PM
#22
~Snip
Should we re-ask something that doesn't need to be thought about like the OP's question. I think it's strange to test one's logic when market participants ask other market participants.
Not all questions have to be answered, try asking a question once in a while. After all, this is not a logical question, just a fact to present the possibility of what will happen in the future.

~Snip
At any price that bitcoins get to, there will always be buyers. Not all buyers of bitcoins are buying to make profit from the Volatility, it has use cases as a currency too that some people are readily available to make use of instead of fiat.

At 50k, there will still be buyers, but definitely not so much as today or yesterday.
Of course, I've said that before.
Bitcoin is not only an investment asset or store of value, but is also used as a currency. It's up to you whether you adopt it as a primary currency (difficult) or an alternative for daily transactions, that's the use case.
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February 18, 2024, 06:08:23 AM
#21
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.

$500,000 would be too much for Bitcoin to rally in the coming bull market, the inflow of money into Bitcoin spot etf won't make this price to become a reality. The market isn't also ready to see Bitcoin trading at the price as many people will rush to sell to take profits and it'll make the market to crash more than it has crashed before. The more the market keeps getting more mature and institutional money keep coming in to stablize the market in some manner then we can be aiming for high price like $500,000. I think too that a correction is coming because the market can't keep raising. It needs more momentum and it's always a correction that starts the momentum as people starts accumulating again when the price of Bitcoin drops. As for who'll buy Bitcoin when it's $500,000, those that refuse to buy when Bitcoin is $50,000 and new investors will buy.
mk4
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February 18, 2024, 02:03:33 AM
#20
Take note that bitcoin won't be in a hyper-growth stage like it is right now forever. There will be a point in time where people will also be buying bitcoin for its growth(slower, but less volatile) increase, but mostly for its gold-like properties and due having self-custody.
legendary
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February 18, 2024, 01:10:45 AM
#19
Well bitcoin could hit $500K but what if the US dollar is hyper inflated. Next month is when BTFP ending and it’s what made many small banks survive the withdraw of customer funds to large banks. It’s ending next month and most likely more banks will fail.

The fed will have to print money basically and asset prices will go up for everything. So bitcoin could hit $500K but a loaf of bread can be $50 by then.
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February 18, 2024, 12:51:19 AM
#18
Bitcoin to rally more than $500k says some crypto analyst.
Who is this crypto analyst?Was he right when he said this?Cheesy
It may be sky-high thinking that the price of Bitcoin can be $500k dollars at all. I think It may be impossible.
Quote
My question is who buys Bitcoin at that price..?
Bitcoin is still being bought by many people at this price those who can afford to buy Bitcoin are buying Bitcoin and planning to hold it for a long time in the future.
hero member
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February 18, 2024, 12:34:09 AM
#17
Bitcoin to rally more than $500k says some crypto analyst.


I never say anyone predict the top correctly and it's always wildly overestimated. In 2017 the eyes were at $100k, in 2021 it was $250k and we all know how it went and where the actual bull cycle peaks were. Don't let all these predictions affect your decision-making and remember that after the bull market there will be bear market.
Yes this is the key, no matter where those numbers would go, the most important thing on here is that you shouldnt really be that making getting influenced and would really be that affected with those claims and would
really be basing up your decisions or with your positions on which i could say that it isnt really that ideal on having those kind of approach. You should really be that depending with your own analysis
and this is something that you should really be sticking into. If ever the price would be hitting up 500k then just like on what others been saying that we would be thinking that million would be the next spot or hit.
No one really knows on what the future is and it is really just that normal that we do have always those speculative approach when it comes to market prices.

We investors would really be having those kind of price approach and telling to those numbers whether it do turns out to be unrealistic and this is something that we cant really be able to avoid.
legendary
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February 17, 2024, 08:20:10 PM
#16
Bitcoin to rally more than $500k says some crypto analyst.


I never say anyone predict the top correctly and it's always wildly overestimated. In 2017 the eyes were at $100k, in 2021 it was $250k and we all know how it went and where the actual bull cycle peaks were. Don't let all these predictions affect your decision-making and remember that after the bull market there will be bear market.
STT
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February 17, 2024, 07:59:49 PM
#15
At $500 people could have asked the same question of the ridiculous pricing of $50,000 to each BTC yet here we are today doing the impossible defying gravity breaking the speed of light apparently.     Is it possible, we have to say yes but how, why and when we dont know but I presume its a long journey for such a figure and much development, news and changes will occur in the travel plan to get that destination of such a remote impossibly  high figure.
   Plenty of people were around at $100 or before, that price though it seems low now was high.   100 was absolutely a high price, the top of Everest compared to prior trading and to some impossible to sustain.    I guess we must learn not to focus purely on numbers as this is not the most important part to considering BTC correctly.
legendary
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February 17, 2024, 06:46:21 PM
#14
My question is who buys Bitcoin at that price..?
Same question:

Who would buy bitcoin at $50k when price was under $5k in September 2017?

Me and other will probably answer: anyone can buy it especially since there are always traders and investors who will take advantage of its price volatility and also people who take advantage of real use cases.
At any price that bitcoins get to, there will always be buyers. Not all buyers of bitcoins are buying to make profit from the Volatility, it has use cases as a currency too that some people are readily available to make use of instead of fiat.

At 50k, there will still be buyers, but definitely not so much as today or yesterday.
hero member
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February 17, 2024, 05:36:26 PM
#13

Who would buy bitcoin at $50k when price was under $5k in September 2017?

Me and other will probably answer: anyone can buy it especially since there are always traders and investors who will take advantage of its price volatility and also people who take advantage of real use cases.
Should we re-ask something that doesn't need to be thought about like the OP's question. I think it's strange to test one's logic when market participants ask other market participants.

For the OP, when the current price is trading at $51.8K, who is buying an average of 8 to 10 units of Bitcoin on the exchanges I just saw.
Do buyers who buy Bitcoin at that price not know that this price is considered expensive for some people? Of course, everyone who buys Bitcoin has a goal of using Bitcoin.
Most people who buy out of trust will make huge profits when the price of Bitcoin reaches $100K or more.
legendary
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February 17, 2024, 05:17:28 PM
#12
My question is who buys Bitcoin at that price..?
Same question:

Who would buy bitcoin at $50k when price was under $5k in September 2017?

Me and other will probably answer: anyone can buy it especially since there are always traders and investors who will take advantage of its price volatility and also people who take advantage of real use cases.

So what's your answer?

Will the value of Bitcoin keep increasing after then?
Yes, it is possible, but there is no guarantee.
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February 17, 2024, 03:53:58 PM
#11
500k Bitcoin price is achievable in the long term and for that, we may not out rightly say that the analyst prediction is entirely out of content and in the long term we are going to see the actualization of those predictions, and reaching $500,000 will be something that we will achieved in the next couple of years to come.

But as far as I am concerned,  buying and holding Bitcoin is the best form of investment right now and for sure,  we may have the opportunity to buy more Bitcoin at a discounted price,  maybe below 40k before the Bitcoin halves and at that point anyone who wants to stock up more BTC against the next bull market.
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February 17, 2024, 03:43:20 PM
#10
My question is who buys Bitcoin at that price..?
    Will the value of Bitcoin keep increasing after then?

Of course it will. It's not the price that's important but market cap, supply on exchanges and the amount of money needed to move the price.

I'll try to explain it using a very simple example. Imagine that you see bitcoin as an investment, like you'd see a house in a good neighbourhood. 10 years ago you knew a house in that area was the best investment and you know it now. Your parents wanted a place there and now you want to finally fulfill that dream but the value keeps going up every year and you barely keep up. 10 years ago it costed $500k, then 520k, 530k and it never stops. You finally get a good job and a mortgage and you can afford it but you see that it's now $600k, but you're still going to buy it because it's "the shit every kid dreams of having." Do you understand? As long as there's demand there's no upper limit.

You see this as something that you could buy for 25k and is now $50k so you won't buy more for $500k. A person who did not have money in 2023 but will start a company in 2025 that makes him millions could look for a good long term investment and he will see it as something that went from 2500 to 500k in 2025 and has the potential to go up 50% in the next 5 years.
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February 17, 2024, 03:28:15 PM
#9
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.

Although the analysts might be too ambitious at the moment but definitely bitcoin with the way it has been moving will definitely rally upto to that amount but to frank with you that it will take at least huge bull run after halving for it to happen. Person i only predict that kind of price when we might be having the 2036 halving. My reason been that bitcoin volatility rate is significantly reducing as we move up and many investors try to hoard it more as a store of value. After every halving even the up coming one I don’t see more than a 3x from the previous ATH.

As for who will buy bitcoin no matter what price it gets too will always attract more investors because of its unique features like been a store of value and an hedge against inflation which I don’t need to tell you is the major problem of most nations now.

As for the prediction I don’t see us beating the current ATH before halving as I also expect a retracement and more of a zigzag movement than an upward or downward movement.
sr. member
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February 17, 2024, 03:04:18 PM
#8
Bitcoin to rally more than $500k says some crypto analyst.
When? This is possible but not in 2024.

Quote
But holding till September 2025 would be worth it since the bull run will last till then.
Holding bitcoin in itself is one of its rewards. The sense of security it offers should be enticing enough for anyone to hold long term and not for some duration though I know that there are individual differences that abounds.

Quote
My question is who buys Bitcoin at that price..?
Just as Saylor rightly said once, everyone buys bitcoin at the price they deserve. Consequently, anyone who buys bitcoin at $500k has bought it at the price they deserve.

Quote
Will the value of Bitcoin keep increasing after then?
The truth is no one really knows. Everything right now is just speculations and predictions. No one knows for certain if it will keep increasing, remain stable or start to decrease.
hero member
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February 17, 2024, 02:59:01 PM
#7
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?


First off, $500k is likely 8-10 years from now. If you're talking about it happening this market cycle next year that is pure nonsense. I don't know who these "crypto analysts" are that you mention, but if they are talking about $500k happening next year they are extremely bad analysts.

When it gets to $500k in like a decade, who will be buying? Well, everyone in the market will be buying. By then that'll be hundreds of millions of people.


For some reason people like to pick a price and ask who could possibly buy at such a price, whether it's $50k or $100k or $200k or $500k or $1 million. The answer is always, more people will be buying at higher prices than are buying today. Because it literally takes more people buying Bitcoin to get to those higher numbers. Just as more people were buying at $40k than $10k, and more people were buying at $10k than $1000, and more people were buying at $1000 than $50. So the answer is wayyyyyyy more people will be buying at $500k than are buying at $50k today. That is simply always the case in asset markets.
hero member
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February 17, 2024, 02:38:07 PM
#6
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.
hero member
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Top Crypto Casino
February 17, 2024, 08:47:40 AM
#5
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

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.
copper member
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Building my own Dreams!
February 17, 2024, 08:47:26 AM
#4
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.
hero member
Activity: 2590
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February 17, 2024, 08:20:53 AM
#3
Bitcoin to rally more than $500k says some crypto analyst.

Who is this crypto analyst?

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.

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.
legendary
Activity: 1414
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...gambling responsibly. Do not be addicted.
February 17, 2024, 08:09:44 AM
#2
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

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.
jr. member
Activity: 0
Merit: 0
February 17, 2024, 08:01:03 AM
#1
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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