Who Buys Bitcoin When The Price is 100k$? - page 2.

mendace

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Quote from: Furious 7 on July 11, 2023, 12:49:44 PM

Quote from: benalexis12 on July 10, 2023, 08:32:18 AM

Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss.
It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.

Right now it will seem difficult but when the price of bitcoin has exceeded that and is higher for example then I don't think it will be much different from today.
Let's reverse the conditions now where bitcoin is at $30k who will buy bitcoin at $60k or even more? It seems impossible right? but this is if you talk about a few years ago where bitcoin was at the previous ATH price then when $60k was a lot to buy so this condition will also definitely happen if bitcoin breaks the price of $100k or even more.
Actually things like this depend on the problem of prices. Indeed now we find it difficult to buy bitcoin at that price but if bitcoin has touched that price and even if it is higher then the possibility of buying there is still possible.

You are correct that the price of Bitcoin can be very high, and it might be difficult for most people to buy an entire Bitcoin worth $100,000 or more. However, it's important to remember that Bitcoin is divisible into smaller units called satoshis. One Bitcoin can be divided into 100 million satoshis, allowing investors to buy fractional Bitcoins even on a budget.

WatChe

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Quote from: Dunamisx on June 30, 2023, 03:28:07 AM

Quote from: WatChe on June 30, 2023, 03:09:40 AM

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It's more better for us to buy now that we are aspiring for that all time high which could be a big catch for most of us investing with bitcoin today,this makes it more interesting to know that we are currently aiming to regain back the all time high of $68,000 ad from there hence it also begin to rise and till it attained the rate of $100,000 or beyond.

This is good time to buy Bitcoin as price is not that high at the moment. Even if price goes high in future then there are various way to accumulate Bitcoin in a profitable manner. It best not to buy Bitcoin at one price rather mixing techniques like DCA and buying at dips gives best accumulating price.

Quote from: passwordnow on June 30, 2023, 07:50:59 AM

Quote from: WatChe on June 30, 2023, 03:09:40 AM

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$1M is like a dream of many and way back a decade ago, thinking of bitcoin reaching $100 is like thinking of bitcoin to $1M at these moments. No matter what will be the price of bitcoin, there will always be the demand that will be made by institutions and retailers.

1 millon USD price is still quite away, first Bitcoin has to break 100k$ barrier which most of us are looking forward. It will be exciting to see bitcoin breaking 100k barrier and once Bitcoin do that we can safely safe that 1M is not that far.

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Quote from: benalexis12 on July 10, 2023, 08:32:18 AM

Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss.
It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.

Right now it will seem difficult but when the price of bitcoin has exceeded that and is higher for example then I don't think it will be much different from today.
Let's reverse the conditions now where bitcoin is at $30k who will buy bitcoin at $60k or even more? It seems impossible right? but this is if you talk about a few years ago where bitcoin was at the previous ATH price then when $60k was a lot to buy so this condition will also definitely happen if bitcoin breaks the price of $100k or even more.
Actually things like this depend on the problem of prices. Indeed now we find it difficult to buy bitcoin at that price but if bitcoin has touched that price and even if it is higher then the possibility of buying there is still possible.

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Quote from: Dessy88 on July 09, 2023, 01:22:02 PM

You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.

When the supply and demand process is still valid, there is no need to worry about who will buy Bitcoin when the price is at $ 100K. In fact, we ourselves will also buy bitcoin at a much higher price when we have the opportunity to buy, although not full of buying in large quantities because it can be paid in installments with the capital capabilities they have. If you look at the last ATH, the possibility of reaching at a price of $ 100K is more realistic and maybe we do not know exactly when it will happen appropriately, because predictions do not always give birth to accuracy in the results.

Everyone who has been investing in bitcoin for a long time doesn't care what the price is, the problem is when we are not in the right conditions, where Bitcoin is able to exceed ATH and we have nothing to sell in that period. Concerns about price will only apply to those who are not actively involved and do not understand Bitcoin's journey.

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Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss.
It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.

Inwestour

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Quote from: Nwada001 on July 09, 2023, 07:51:48 PM

I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.

Funds will buy that believe that bitcoin will be very expensive, if we talk about large players. But besides this, there will also be ordinary retail investors who will believe that bitcoin can reach unprecedented heights, but history teaches us that buying on highs is a very bad idea and perhaps because of such rash actions you will have to sit under water for a very long time, with the hope of one day reaching breakeven again.

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Quote from: Nwada001 on July 09, 2023, 07:51:48 PM

Quote from: Dessy88 on July 09, 2023, 01:22:02 PM

You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.

I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.

the same as before when bitcoin cost $ 1k, did anyone think bitcoin reached $ 10k, up to $ 64k, when the position was $ 1k, who would buy it when the bitcoin price was $ 10k, and so on. So the law of supply and demand is always there, and of course someone who buys $100k, he's going to sell for more than that. maybe he has his own target, if it reaches a saturation point then the price of bitcoin will fall again, and after that in the bullish season it will rise again past the previous ATH, moreover the supply of btc is limited

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Quote from: Z_MBFM on July 09, 2023, 10:05:42 PM

This is how people bought Bitcoin when it was under $100
When it crossed $68k people still bought Bitcoin the same way it even more people bought it.

One thing to note is that the popularity of Bitcoin is increasing day by day and as the price of Bitcoin is increasing, it is catching people's attention. so as many people buy bitcoin now, if the price of bitcoin is $100k, more people will buy. Because then the excitement about Bitcoin will start

True. Also, a lot of people just don't know the basics of investing like buy low, sell high. So when they see BTC hitting new ATH I guess they think it will keep it that way, but they don't realize that a lot of people are gonna sell it at that point and lower the price.

Z_MBFM

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This is how people bought Bitcoin when it was under $100
When it crossed $68k people still bought Bitcoin the same way it even more people bought it.

One thing to note is that the popularity of Bitcoin is increasing day by day and as the price of Bitcoin is increasing, it is catching people's attention. so as many people buy bitcoin now, if the price of bitcoin is $100k, more people will buy. Because then the excitement about Bitcoin will start

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Quote from: Dessy88 on July 09, 2023, 01:22:02 PM

You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.

I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.

Dessy88

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You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.

thecodebear

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Quote from: Good_Doctor on July 04, 2023, 04:36:21 PM

Quote from: Mate2237 on June 26, 2023, 04:45:47 PM

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

Actually anyone buying Bitcoin at $100k wouldn't be thinking of gaining anytime soon owing to how Bitcoin trend is. Also, it is risky highly risky when you buy Bitcoin at mooning stage when the price skyrockets because it is always seen to have faced a deep dip afterwards or to some extent little dip ... therefore if anyone is buying at that rate ...then the person is not willing to trade any moment sooner from then...will have to hold for long to get maximum profit

Nobody knows how high the price of Bitcoin will be next year or how low. We all are looking forward to halving next year and the aftermath 😉

Well there will be 3 main times when Bitcoin is crossing $100k.

1) It'll be crossing $100k during the next bull market (and so anyone buying it then will at most have a few months of the price being higher and then they'll have to deal with probably 12 to 18 months of the price being lower during the bear market.

2) It'll be crossing $100k again during the next bear market as the price goes down. People will be buying bitcoin as the price drops from the bull market high.

3) It'll be crossing $100k again early on in the next market cycle, maybe like second half of 2027, and at that point $100k will be a low price so people will be buying to accumulate Bitcoin at the low price of $100k, the way people are doing the same right now at $30k.

After that point, anyone who has bought at $100k will be in profit forever.

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Quote from: Mate2237 on June 26, 2023, 04:45:47 PM

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?

You have many choices to do. If you are not faith enough with bitcoin price will go up, One of choice you can do is cutting your lose and then do short trade to get back your loses by income from short trade. This way is done by many people to avoid higher lose.

Quote from: Mate2237 on June 26, 2023, 04:45:47 PM

Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

If you are really faith in bitcoin you will always hold your bitcoin untill your targeted price is touched then get profit from it. but if you do not patient it is up to you to lose selling.

Quote from: Mate2237 on June 26, 2023, 04:45:47 PM

Will the price pass 100k$ next year 2024 for buys to make their gain?

to be honest i am doubt about it, if the price is increase, i think it will not touch 100.000$ .

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Quote from: Good_Doctor on July 04, 2023, 04:36:21 PM

Quote from: Mate2237 on June 26, 2023, 04:45:47 PM

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

Actually anyone buying Bitcoin at $100k wouldn't be thinking of gaining anytime soon owing to how Bitcoin trend is. Also, it is risky highly risky when you buy Bitcoin at mooning stage when the price skyrockets because it is always seen to have faced a deep dip afterwards or to some extent little dip ... therefore if anyone is buying at that rate ...then the person is not willing to trade any moment sooner from then...will have to hold for long to get maximum profit

Nobody knows how high the price of Bitcoin will be next year or how low. We all are looking forward to halving next year and the aftermath 😉

On the time that we do able to reach out $100k in a fast pace manner then who wouldnt really be thinking about reaching out 150 or 200 or even more? For sure there would be those people who would really be making out that kind of consideration on buying with those prices specially when FOMO kicks in because people would really be already having the impression that the price would really be shooting up more but im much sure
that there would really be a strong resistance on this point on which this might be having that selling point or Take profit level on where most people been setting out.This is why it wouldnt really be that so
shocking if there would really be that rejection or correction into this point on which 100k increment wouldnt really be that so easy to breakout.

Good_Doctor

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Quote from: Mate2237 on June 26, 2023, 04:45:47 PM

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

Actually anyone buying Bitcoin at $100k wouldn't be thinking of gaining anytime soon owing to how Bitcoin trend is. Also, it is risky highly risky when you buy Bitcoin at mooning stage when the price skyrockets because it is always seen to have faced a deep dip afterwards or to some extent little dip ... therefore if anyone is buying at that rate ...then the person is not willing to trade any moment sooner from then...will have to hold for long to get maximum profit

Nobody knows how high the price of Bitcoin will be next year or how low. We all are looking forward to halving next year and the aftermath 😉

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Quote from: yazher on July 04, 2023, 09:39:50 AM

I think the more the price increase, the more it attracts buyers for sure because they know that it won't be the last time Bitcoin's price increases. Also, you can see some significant companies making their moves when this event happens in the future because they also want to ride the trend by making some noise in the middle of the busy crypto market. There are lots of people that are already doing some research, mostly rich people that are considering buying bitcoins in the future but all they are waiting for is a huge sign and that would be a nice sign to buy bitcoins whenever you are ready because you can assure that it won't let you down after that huge increase of its price.

It truly will and imagine if rich dudes like Elon started to hoard on these. I kinda have mixed feelings in company trying to integrate crypto. I can even recall back in the days when Microsoft adopted using of Bitcoin as their alternative payment method and then pulled out. Same goes for Steam, as my platform on where I play and buy PC games, I believe they accepted Bitcoin before but then removed it also. If the company would handle the volatility of Bitcoin then good for them.

Surely aside from what you just said, it will be harder for new people to buy Bitcoin let alone a whole coin. Here in my country, you gotta be just lucky to even get a one whole coin.

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I think the more the price increase, the more it attracts buyers for sure because they know that it won't be the last time Bitcoin's price increases. Also, you can see some significant companies making their moves when this event happens in the future because they also want to ride the trend by making some noise in the middle of the busy crypto market. There are lots of people that are already doing some research, mostly rich people that are considering buying bitcoins in the future but all they are waiting for is a huge sign and that would be a nice sign to buy bitcoins whenever you are ready because you can assure that it won't let you down after that huge increase of its price.

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My indirect answer to your question is that, when will the last mining occur and what is the total number of bitcoins users as we speak. This factors plays important role in determining price movement. Since mining will take long to come to an end, it's price will continue to skyrocket and as more people come in to the game. The only thing is the exit and buyback strategy in place to grab profit.

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Who? most of people will still buy Bitcoin regardless of it's price, which mean they can buy when Bitcoin price is $100K, $200K, $500K, $1M, $10M, $10B etc.

When the last Bitcoin ATH is $69K, people right now think it's expensive to buy Bitcoin when the price hit $100K, but if it's always stay in $100K and it increase to $200K, people will regret for not buy Bitcoin when the price was $100K and the cycle keep repeat.

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Quote from: Crypt0Gore on July 04, 2023, 04:24:15 AM

I had a talk about Bitcoin with my brother two days ago, he said that he have interest in buying Bitcoin but the price is dropping, he asked me how lower will Bitcoin go? I told him that I don't know and he said that when it starts rising again he will buy, you see, no one wants to buy Bitcoin when it's dumping, many people still prefer to buy when the FOMO is back in the market, no wonder lots of money swim into crypto when the bulls are back and the truth is some people are still able to make money after buying at high price, but they won't make a lot compare to those that bought at lower prices, it seems that higher price and fomo gives some people the confidence to buy more than buying at lows because they fear it could go lower.

So this also means that people will buy at 100K mostly when they see a bull run, which means that on green days people are buying it, but on red days few are buying it because they are scared of going further down. That is really the problem with other people, as they don't treat it as a sale. Just imagine when there are sales at the mall; they are really buying it, and if the price goes back to normal, people wait for it. It is really the opposite in Bitcoin, as they are more buying when the price is high.

Topic: Who Buys Bitcoin When The Price is 100k$? - page 2. (Read 1270 times)