Topic: Who Buys Bitcoin When The Price is 100k$? - page 5. (Read 1261 times)

People who always buy at the new all time high price are the doubters and people that are gonna blame bitcoin if ever they bought at $100,000 then suddenly it dumps because it is bearish season.

The most ideal thing to do when the price dumps after you bought at the peak then bearish market hits afterwards, is to hodl. It takes a lot of patient actually, because you're gonna wait for the next halving again for you to sell your Bitcoin at the new all time high price it's going to make.

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.


People will still buy more and keep because bitcoin had many highs it can attain after getting to $100,000 and it's value will keep increasing with no limit to how far it can rise or go beyond this range

Compared to reality and fiction, it is fair to say that the price push is all rooted in the belief in the opportunity to make a profit, just like the story of btc, at $5000, will many people expect it?
the fact that it's nearing $70000, I think future stories are all possible in our minds, and the $100000 mark will probably be crossed, and people who buy it are looking for profit opportunities, like nostalgia the current situation and the story believes in the price increase when the market has more positive signs.

I don't know when will price of Bitcoin will surpass 100k$ nor do many but I have a firm believe that it will surpass 100k some day. There are many like me who believe that Bitcoin will surpass 100k$.

To you second question that who will buy bitcoin when it will be at 100k? Just like today people are buying at 30k with mindset that price will go beyond that upto 50k. We dont know the definite price target of bitcoin, some say bitcoin will some day be of 1 Million USD or above. It started with zero dollars and has seen ATH of 67k$. We are not sure what lies ahead.

Every Satoshi we collect today might turn into a treasure tomorrow. Its not unlike the story of the hardworking ant, diligently saving up for the winter, or in our case, the next bull run. Your DCA strategy is sound, and I support it wholeheartedly. Its about making consistent, regular investments regardless of the price, effectively averaging out your costs over time.

People who think Bitcoin reaching 100K is impossible probably also thought the earth was flat. Nothing is predictable in the world of crypto, but with the resilience and vigor that Bitcoin has displayed over the past decade, it's not unreasonable to believe we could hit the 100K mark sooner than we think. Thus, continue stacking sats and be ready for when the Bitcoin train finally hits the 100K station.

That's right what I mean. Because if you think about today's Bitcoin price, which is still around 30k, of course we feel that the price of 100k is very high. and maybe even some of us here will definitely plan to sell at 100k instead of buying it.

But a few years later I think the price of 30k we will really miss. Because maybe the price of 30k will not be found again. if bitcoin adoption has grown more rapidly. A few more halvings, the price of 100k to 200k might come true.

Bitcoin has one market price so traders/investors have no other choice but to buy bitcoins at 100k because the price speculation is expected to be much higher above 150k in the next few years. However, we should have a DCA strategy to invest increasing the portfolio since the current price, do market analysis to overcome the skeptics because some speculations say if the price has reached above $ 30k then the chances of reaching ATH are high within this year.

Even though we discussed the price of 100k has never been reached in the history of the highest Bitcoin price, but believe me the price of $ 100k is getting closer because 100k can be reached at any time without us anyone being able to predict it, so don't want to buy Bitcoin at 100k then make sure you have lots of Bitcoin in your portfolio.

I think I can relate to what you  mean, because years back when the price was low as 10k people were skeptical as they are now in buying when the price actually reach 30k or even 20k but look at where we are today people are still buying even when the price finally reached 30k so like you said same feat will happen when the price climbs to 100k maybe by that time people will guessing to see the price climb to 150k so buying at 100k will be a normal thing then.

It's true, that's the cycle that happens. now it might look scary if kia buys at 100k. but a few years later maybe buying at 100k will be a thing that isn't scary. because even 5 or 10 years ago people would not have expected to buy bitcoin at 30k like it is today. Maybe the price of 30k, which is currently holding up, will be hard to find again in the future. and in the future the price of Bitcoin could revolve around 100k. so buying at 100k at that time might be considered normal.

The market is more active when Bitcoin's price has increased even more. Because during the market, uncertainty and anxiety are high in the market and that's why people are only a few to do such things as accumulating during that period. While for the bull run, everyone's too active and hyper and that's why hope that many will start to buy and feel FOMO before anything else. That's why if it's gonna be the same as what we are now if bitcoin hits $100k or even more. I bet that there will even be more people gonna be interested in bitcoin if it reaches a ceiling of $1M.

I still feel that bitcoin enthusiasts will still be quite a lot for the next few years and when asking about this in the end maybe we should look back at the past.
Who buys when bitcoin is ATH? If indeed in the end there are many people and it is still seen with several conditions where there are still quite a lot of people complaining about the previous high purchase, I think the conditions are still the same.
In the end, we might as well buy at that price in the future because we won't know anything with bitcoin that is more than the price we expect.
As long as the enthusiasts are still there, of course there will still be those who buy, no matter how high the price is.

The way to predict the price of Bitcoin is always there, because it is only limited to predictions, but no one can be sure or have a guarantee that their predictions are appropriate.
People who say like this are not much different from people who in the past who at that time Bitcoin were still at the price of $ 10K, he said that Bitcoin would never touch the price of $ 50k, but in fact not, even exceeding what he thought was impossible .
Even if you doubt it, I hope it's only for yourself, sir.
Maybe later ATH $ 100K is reached and returns to correction as it is today, it is possible for Bitcoin to form his new ATH again in the next cycle and in fact there must be people who trading it or maybe holding it for the future longer, like the mindset of people when This.

While there is demand, regardless of the price of bitcoin, someone will buy when the price is $100K, people who buy at that price want a higher price, I think there will be more people who believe that the price of bitcoin is $100k or even 1 million, they believe, considering there are many factors why bitcoin can increase more than 10x of its purchase price.

For example, bitcoin's ATH is 100K, so of course many people will buy because of hype or other trends, they will definitely think from this cycle when the next ATH of bitcoin can reach 150K/200K, that's possible because the history of bitcoin cycles always increases, this is a factor that we know but there are other things that make them believe in bitcoin regardless of the price at which it is purchased.

You would have said the same when Bitcoin price went from $3.5k in March 2020 to $30k in 2021. Why would someone buy Bitcoin now as it's 10x within an year?
Guess what? People bought and price went up to 20x with $69k the All-Time High of Bitcoin. Similarly, when the price will reach $120k, there will still be buyers looking to buy the bits left in the market. Don't worry about that, it started from $1 and is currently at $30k and still people buying.

No, there is no way to predict if how much price Bitcoin will reach. We are not even sure if it's truly possible for Bitcoin to climb $100k. $100k is already a massive amount and even if it's possible, the price could hardly increase anymore after that, so there might be no people who will buy BTC at $100k, not even the institutions but let's not forget the fact that Bitcoin is volatile.

The price can still go down and that will only be the time for the investors to accumulate. There are still cheap cryptos out there which are also great in terms of being an asset or a currency. People can always go for them. There is no need to force their selves on Bitcoin.

I know that Bitcoin price cannot be correctly predicted; we only live on speculation and assumptions of what we think the price should be so that we can make a profit, but truth be told, Bitcoin price has never been 100% accurate based on speculation. Although I want Bitcoin to reach $100k in the next bull run after or before the halving period because it's going to be a good payoff profit for my investment, even if it doesn't get to $100k, we still keep hope alive and keep holding. Perhaps @franky1 said he has been holding his Bitcoin for about 10 years now and am not even up to six years of holding, so I just think we should keep hope alive and hold. Also, it's not very wise to invest all your funds at once when the price of Bitcoin is very high; rather, investors can use DCA to accumulate slowly. Even if Bitcoin gets to $100k today, I would not be in a rush to buy and hope that it will get to $150k so I can sell. No, if it gets to $100k today, there is definitely a possibility that it will still fall back to $50k or $60k. An example is that it spiked to $68k, and many people were thinking it would keep going, but they got disappointed because most of them never believed that it was even going to drop below 20k, but it did drop even below $18k in 2022, while it had a very strong bull run 2021. So, whoever is investing in Bitcoin just needs to apply wisdom and also invest what they can afford to risk. An example is those companies you talked about that went bankrupt after their Bitcoin investments did not go as planned. Perhaps they have also only invested everything in Bitcoin with high hopes that crashed (lol). "Wisdom is profitable to direct." By the way, @OP, I am not going to be buying Bitcoin in a rush; if I see it trading at $100k, I can apply DCA, buy some, and wait for the bear season to come too. The reason is that I am learning from the experience of those that bought Bitcoin for $60k in 2021, but they are still there waiting to see $100k. Also,  there is the law of gravity  that states that, "what goes up, must always come down." Which is why I think that no matter how high Bitcoin price goes, it always retard at some point and loss by -20%, -30% and so on. 
 


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Really hard to make out some assumptions for the price wouldnt really be able to surpass 100k point but well there's no way on knowing on how the market would be behaving on next years or months to come. If ever we wouldnt really be hitting something that high or able to break out that resistance when the bull run happens then there's something wrong with the current recognition or demand with Bitcoin or the entire crypto space. We cant really make out some conclusions that we are really taking those bull run events happened in the past on which it did really hit out those high multipliers.

Who would really be buying @100k? For sure there are considering that there are rumors and sayings that we might be reaching up 300k on which it might really be that not so easy to make out
decisions even if you do have the money on buying into that point but since you've been aware on how this market works then this is whether your trust would really be intact or
you would already be having those doubts.

that is true, the discussion is just a cycle here in the market. there will always be a buyer at any price level. because without a buyer, it means, there's no demand. and the market will be dead if that happens.
people should think that the people who are into this market come and go, so long this market exists, there will always be buyers and sellers. worry if no one is talking anymore about this market, it means this is dead.

If you believe Bitcoin will hit $100k, you must buy while the price is lower than the stated price. It's fairly risky to acquire Bitcoin while the price is already at its top, while it may attract a large number of new investors, many early buyers will sell because they have already gained. We all know that there is always a buyer, but do you believe they are going to win against the sellers? Not always, but most of the time, when the price is at its highest point, we see it fall.

The answer is easy: those who don't have it yet.
At every single price point there were people who had bitcoin and decided to sell it to buy things they needed and people who did not have it and wanted to begin their journey with bitcoin.
Imagine that when bitcoin was at $1 people were talking about a possibility of $100 and wondering who would buy at this price knowing it went 100x in a year or two.
Then there were people who bought at 100 and were wondering who would buy it from them at 1000. Now we're wondering who will buy from us at 100k. Funny, isn't it?