Topic: Who Buys Bitcoin When The Price is 100k$? - page 8. (Read 1261 times)

It’s good we aren’t there yet but we would get to $100k per BTC and trust me, the price isn’t going to end at that and i can’t speculate on what price that would be good enough for a limited commodity like we have in bitcoin. Even more rear than endangered animal species as these animals could have a chance of being reproduced but that ain’t the case for bitcoin (forgive me having to draw that analogy as they don’t really match but, we get the point at least).

If you can conceive the idea that bitcoin won’t see its last price at $100k, then there are a whole lot of others to buy. The world is big enough for it.

Correct. There would always be people on opposite sides of the Bitcoin trade. Bitcoin even makes it possible in the sense that, we are allowed to transact even smaller denominations of Bitcoin - I think this would play a key role especially when the price of Bitcoin grows exponentially that the average person is not buyout enough to buy a 1 Bitcoin, in such a situation, satoshis will suffice. There are a number of factors that could make Bitcoin surge to $1M in the coming years. That price level has been talked about countless times, so I reckon one day, that would be the reality.


Bitcoin has consistently rewarded those who have held through the bear market or market downturn periods. Time and time again, I have experienced this happen. Safe to say, it's normal for people to give into bearish sentiments when those times come.

Certainly, buying and selling are common activities of  any market including crypto currencies market. Traders and investors participate in both bull and bear market adapting their strategies. Many investors may choose to buy Bitcoin at $100,000 or even more, hoping that its price will continue rising and they will make good profit on their investment.

The future price of Bitcoin after reaching milestone of $100,000, will Largey depend on the market sentiment prevailing at that particular moment.

People who can't stand seeing Bitcoin dumping will join when the price is skyrocketing, and they are always fine with a 1x gain, some people thinks that if Bitcoin hit 100k then 150k is the next bustop, this are normal ways that investors think.

Only the smartest investors know that getting into investment when nobody wants them is the best way to make the best ROI off your investment, and also there will be a lot of FOMO when Bitcoin is topping every asset in the world, so many newbies who have given up when the bears took over will FOMO into Bitcoin again.

Predicting bitcoin to hit $100k is very possible, afterall the project has made good moves in the past, I don't see anything that would hold it down. We have investors who are ready go hit the market and stack up their portfolio with pieces of bitcoin. We have top whales in the market, their trade position can single handedly control the market into another dimension. Bitcoin have the necessary popularity and its capable to overcome other projects in the market. When bitcoin clocks $100k, there's full probability that it will exceeds that price level and move further, that period, investors triggered their entries and make sure to hold on until it hits their potential targets.

I do not know which companies you are talking about but let me assure you, no one is that dumb to make such an assumption that buying at high will make them rich because the technical and fundamental analysis is already been done by them and they have all the idea of how much market will move, but what they do is, intentionally take steps to declared as bankruptcy so that they could avoid taxes (of course to no fully but partially). I might be wrong as this is my assumption.

Now coming back to your reply, that currently, everyone's mindset is BTC will cross $100k and range between $100k to $120k at the top. So, how did this idea create in our minds, this is where market sentiments had played their role and implemented this idea in our minds. So almost 80% are sure of this idea so they are planning to book their profits when the market will cross $100k, and 90% of the market is holding and accumulating BTC now. (these stats of percentage are predicted by me, according to a few past knowledge i have this might be proved wrong as i also do not have solid proof).

The point is, there will be newbies and will be those who will fall prey to market sentiments, who will buy BTC at that rate of $100k well, there will be many people who will short BTC at the price of $100k and did they also came into the category of people who bought BTC at $100k well if yes then they are not dumb ones.

It is very difficult to say because no one can say how far bitcoin price can go but many big crypto investors are thinking that bitcoin price will touch 100k but it is just an idea so all investors should invest and like money they should invest that lose.  No harm will come to him though

When the Bitcoin will go beyond 100,000$ there will be a lot of hype in the media and I think that at that time many new investors and retailers will jump in, knowing that it is the future digital currency and survival without is not possible.
As the bitcoin adoption will increase, the price plus the number of bitcoin holders and users will increase too. The good thing for bitcoin is that its supply is limited and therefore the exponential rise in the price is very much possible.

I think the use of bitcoin is not very significant. However, people see the growth in the price of bitcoin, which always hits new ATH, so many people see bitcoin as an asset that is worth owning. Public trust has increased to such an extent that in data bitcoin controls the crypto market up to 48%

The market depression that occurred several times did not make bitcoin lose its community, instead it grew and the value of bitcoin was getting better. This week's growth has also been very good. Global market conditions that will be hit by Greedflation will trigger investors to switch to crypto assets. I think bitcoin's new ATH will be reached. And if bitcoin reaches a new ATH, then it will be above $100,000

Bitcoin now very trusted crypto-currency. I think people get faith on it. So price is not fact. If Bitcoin price were not only $100k if it’s price were $1 million then also people buy bitcoin. I think day by day Bitcoins users are increasing. Bitcoin price increasing but also users increasing. When bitcoin price was $500-$1000 then also people buy and trade bitcoin now it’s price $30k+ still people buying and using Bitcoin. In many cases it’s use increased incredibly. And it’s usability increasing day by day so people will buy Bitcoin Price anyway. Because people know Bitcoin's total amount is limited and it’s usability increasing. So it’s price will increase. So who are smart investor they are buying in deep and holding for long time. End of the day my opinion Bitcoin's price anyway people will but and sell all time there has no doubt.

Buyers will always be there at any price, because those who buy are not only long-term holders but they are traders who take advantage of any price fluctuations.

Questions like this were also asked when the Bitcoin price was still below $10k, and the question of who would buy Bitcoin at $30k, $50k, $60k, of course, the question has been answered.
In any condition, the price of Bitcoin will remain the same there are buyers and sellers.

But for those who buy for the long-term there will be targets that need to be achieved, buying at a cheap price is the main goal.
Then look at the current Bitcoin price is still quite cheap because of the -50% decline from the last ATH price in the $60k price area.

Hold up a little bit. Let's not get too ahead with ourselves right now. Bitcoin has been doing wonderfully well and surpassing the expectations of a lot of people. No one can accurately predict what will happen or what will not happen with bitcoin's price. While you are speculating that bitcoin may go up to $100k and become stable, in some other quarters, they have said that bitcoin would go up to $1m.

And also, it is not as simplistic as you have explained it. Assuming with your logic bitcoin gets up to $100k and there is no way to sell it and get profit, has it occurred to you that at that time Bitcoin would have many real-life use cases and practical applications than we have today? Yea. There is that possibility too and it is becoming more and more evident by the day.

Yes, No! It is possible for Bitcoin to break above $100k in the future but I don't think it is possible within the the time frame above. Bitcoin has proven itself beyond doubt and people are ready to chip in at any given time. However, gaining is not always guaranteed in every investment and that is the reason it's advisable to invest what you can afford to lose. If you can be patient enough you'll definitely gain just like some one said earlier in this thread that whatever make it to hit $100k will definitely push it above that.

Despite the price bitcoin is bought only because the long term selling price may be good and the profit would be high. The main reason is the long past charts of Bitcoin that show big changes from low price to high price and cycles that happen.

However 100k is a price that practically has not appearer in the market yet but we will have takers at that price - consider if the price remains static at that then this would be common.

Always fractional buying is possible because a Bitcoin is divisible upto 8 decimal spaces. Don't let the price on 1 whole bitcoin intimdate you.

Bitcoin is now  a day to day inclusive assets or funds which is required as the case may be based on mutual agreement or understanding. Sincerely, Bitcoin has created a niche for itself and would definitely be in demand irrespective of the price at any point in time. With this, there would always be buyers and sellers willing and ready to trade on bitcoin as long as the utility value is always available. 

Bitcoin price hitting $100k is a good advantage because that would aid its presence as much in situations of utmost importance. As a volatile assets, one is always advised to trade or deal with caution so as not to be caught up in the dark. To the companies trapped in the price drop,what i would think at this moment is to hold for a long time rather selling at giveaway price as it would mean a big loss for them.

Bitcoin getting to 100k is even more advertisement for itself. People will think if it can get to 100k then it can get higher. People will always buy because people including myself will believe it will always rise.
When Bitcoin gets to 100k, it won't just stop at 100k, even if somehow it doesn't go higher than that. It can fluctuate between 80k and 90k and that is exactly what is going on today. Bitcoin has been fluctuating between 28k to 30k recently. That is what Bitcoin needs, stability. When Bitcoin is stable it will encourage a lot of people to adopt it and it will be easier to use as a currency and means of payment.

Please can you show me where its written that when the next bull run start, bitcoin price is not going to exceed $100k? I don't just know why everyone just listen to the prediction that people are making and they will just conclude? Nobody knows the price that bitcoin price will hit in the next bull run, so don't allow anyone deceive you that bitcoin cant exceed $100k. Most of the people making the prediction are not even holding bitcoin.

What happen to those companies when bitcoin price was still low, before the last bull run started, bitcoin price went low to around $10k so why didn't they buy? but when bitcoin price was already high everyone wanted to buy so that they will make quick profit, and bitcoin investment is not a place where you will make quick money.

when investing in bitcoin, we all should be prepared to hold for long time, after those companies invested in bitcoin and the price went down, the only thing they can do is to keep on holding and if they cant hold, then they should sell at lost.

Nobody knows when bitcoin price is going to pump and nobody knows the price that bitcoin is going to hit, so don't be surprise that bitcoin price might not pump in 2024 which people are claiming the next bull run is going to start.

I don't know bitcoin price will go up to $100,000 this year or next year. But I'm pretty sure it will happen in the near future. I still remember when in 2017 bitcoin had a price of $2,000 then it went up to $20,000. I thought $20,000 was too much and no one wanted to buy it. But now? The bitcoin price looked very cheap when it fell to $20,000

Initially we see the price of $100,000 is a very high price for bitcoin. But after 5 years, we will get used to seeing the price of bitcoin $ 100,000 or maybe we even thought it was cheap when bitcoin was valued at $ 100,000

One more thing, the possibility of a bitcoin price of $ 100,000 will not happen this year

I don't know what company you are talking about because I did not hear of any company that went bankrupt and folded up their business just because it went down to $15K from $69K. Some companies bought at an all-time high because they expected it to reach 100K that year. But, it didn't. People relied on PlanB's idea and thought their prediction always worked. The truth is; No one can predict the actual market movement. At least not every time.

Now if you ask who buys Bitcoin at All time high, well, whoever accumulates Bitcoin by using the DCA method will always buy Bitcoin no matter what the price of it.

The companies never went bankrupt because they bought BTC at a high price, Bitcoin is something worth holding on to, because it always appreciates, if any company goes down it's something else that's happening behind the scene.

Why hasn't Micheal Saylors company went bankrupt because they have been purchasing Bitcoin for the past years now? That's a lame point, because you really can't lose money with Bitcoin unless you sell your Bitcoin for loss, Bitcoin is not altcoin that loses value and never reach a new all time high again.

If anyone lose money investing in Bitcoin, it's because they don't have the patience, and people like them don't deserve to invest in Bitcoin in the first place.