Bitcoin Forum

I just sat down reasoning about everybody's decision to  hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers,  is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.

That is the beauty of Bitcoin. Of course, I am referring to the fact that you can buy a small fraction of Bitcoin not a full one. Many people do not understand this. It is important to explain this to beginners from the start.

You can always buy small pieces of BTC.If it gets that much buyers will have to buy like 0,0001 BTC or something and todays whales will be millionare and probably cash out. :D

do you talking about Bitcoin price $50,000?? It's possible but not in midnight. we need a lot of time for this price of Bitcoin.I am a Bitcoin lover, every month I kept some biotin to my personal wallet that I used only for store bitcoin. so I am not going to buy Bitcoin with those high rate.i will take advantage of the price.

Why not? Provided that the transaction fees stay low, even lesser than now. Investments can still be in mBTC or just plain satoshis.

The interesting part if/when it reaches that. How violate will the market be? Will it see 10%+ drops like we have on some days now? At that price it is 5k or more

To be honest the longevity and perhaps even at a higher price will depend now on its usage and becoming a mainstream. Because no matter how high its price is for as long as people prefers using bitcoin then it will continue to hold its higher price. Prefers means being more reasonable by the way.

You could've asked the same question at every single price above zero.

A $50,000 Bitcoin means that a decent proportion of the world now has the desire for it. That in no way means that it's reached its potential. Even when it has reached saturation, the deflationary aspect means that your value will remain immune from inflation.

If 1 coin was $500 billion, it would still make sense to buy a crumb of it if it was stable and rising.

I think the bitcoin's price will not reach this level for the few next coming years at least, but even if it happen there will be some Bitcoin enthusiasts which will buy it again no matter its high price.

I don't think it make sense if the transaction fee is the same as the crumb you are buying or even if it's not the same but high enough, most investors will probably think thrice.

Price can't jump over $50k from current $4k level overnight because there will be lots of sell pressure and resistance levels which will easily block the uptrend. That's why price is pumping in several stages, a big pump - a small correction - stable price for few days/weeks - another round of pump.

There will be always buyer for bitcoin at every level because even 1% people don't know anything about bitcoin till now.

Only 21 Million people will ever be able to own one single Bitcoin each (in approx 123 years from now).
The beauty of Bitcoin is that you don't need to purchase a full coin for yourself at that price, you can buy fractions of a coin.

Compare it to Berkshire Hathaway Inc. (BRK-A), which is trading at about 268,000 USD today. Here you can only buy a full coin - sorry share. There is no way to buy fractional shares. Berkshire has issued some years ago class B shares (BRK-B), which trade at 178 USD. So these could be somehow compared to fractional bitcoins.

The average trading volume for BRK-B is around 3,113,631 shares a day

The average trading volume for BRK-A is around 338 shares per day
So even a single BRK-A share trades at a value of a very nice house, there is still a significant number of people who buy at these prices. The price per coin/share does not really matter.

Bitcoin is much more flexible as there is a finer granularity of fractional parts.

Total market capitalization of Berkshire Hathaway Inc. is a multiple of the current BTC market cap, so from that perspective BTC is still just a piss in the ocean on a global finance scale. Lots of potential if done right.

Additional fact: there are 755,440 shares of BRK-A in circulation.

Compare this with 16,519,187 BTC in circulation.

So an eventual 50k$ price tag per BTC is not ridiculous.

According to the world population clock on http://www.worldometers.info/world-population/ (http://www.worldometers.info/world-population/) there are approximately 7,526,950,613 people living on this planet and every day there are 200,000 more.

Compare that with the 16,519,187 BTC in circulation. So only a maximum of 16.519 million people can own at maximum one BTC each. That is only 0.22% at the very maximum. So it is probably safe to say that more than 99.8% of the earth population are clueless about BTC today. Think about the potential if 2% of the world population would own and use bitcoin and 5% would know about BTC's potential.

Many people will buy. You just have to grasp the idea of a fraction of bitcoin. I know it's hard because we are used to our fiat money being worth very little. There's not much that you can buy for 1 USD, right? Cents are only there because many items don't have round prices and you see for instance 12.95 or whatever. With BTC you'll be dealing with prices like 0.0001 for a meal in a restaurant! It's the inevitable future. 

we can discuss about an update in the bitcoin and we can make it 210 millions instead of 21 million. so that the price will be 5000 usd instead of 50k

or bitcoin exchanges can sell satoshis. 1 satoshi will be 0.5 cents in that situation.

I believe these can solve the problems in the future.

holding and storing bitcoin is very justified because its  the right of all people is like my money is the money I want if it is my sole right but not justified for companies that use bitcoin services because in the company there  FUD

There are still people who would even buy at that price. For sure there will be many sellers but at that point maybe the demand for bitcoin is very high and most people will buy only fractions of bitcoin because not all people can afford a 1 whole bitcoin by that time. It would only be bad if all people intends to only hold before even reaching the said price because it won't go up or down.

I would! I'll buy small portions of bitcoin, that's what I'm doing now, and it's not even 50k, I think some of the bitcoin holders do the same buy small portion,  some buy the full price, because they can afford it, still a lot of traders and holders buy small portions that they could afford

IMHO, the issue with a 50K bitcoin, is there is not much room left for growth and profit. Even if we can buy fractions of a BTC, it would be very hard or long to make some profit from it.

Nothing is impossible, all can happen ? But if bitcoin has a price of more than 50k $ there is a new perspective, whether the circulation of bitcoin is still large or there is a large-scale stockpiling, very dangerous ! if the bitcoin who initially every day have sales and Purchase more 100000 bitcoin what if the price becomes $ 50000? , Is it still the same? , Very worrying if bitcoin has a very expensive price. 21 million bitcoin = 50 k $. WOW! ,because Bitcoin prices is not 21 million bitcoins have the same price, but there is demand and sale in exchange market with some bitcoin.

There will be certain people who will buy bitcoins at that time. The cycle will just go on and will happen repetitively,arbitrage and sort of the same strategy by the traders. Holding bitcoin is normal as it's reducing the supply of bitcoin that makes the demand and price higher. And all of us will sell at that rate, we 'll see bitcoin's price on a bullish down.

This could happen and I'm sure there will be plenty of enthusiasts who want bitcoin. Bitcoin prices are only hundreds of dollars and currently have reached 4,000 dollars. So it is not impossible that bitcoin prices will reach 50K USD and bitcoin enthusiasts will remain a lot. The demand for bitcoin is higher because now bitcoin is becoming widely known.

At that price level it's moved out of speculation and into genuine investment/hedging, at least I hope it does. If it reaches 50k by this Christmas then the aftermath would not be a pretty sight.

People don't buy into Apple shares or gold for 200% gains in a year. They're looking to preserve and increase their wealth, not bet it.

You can certainly be sure that there'll still be a mushrooming alt scene filled with rubbish for those silly gains and losses.

As long as the price still can go up, there will be people buy bitcoin, they dont need to buy 1 bitcoin, they can buy the fraction, so it doesnt really matter how much is the price, as long as it is still profitable and usable, people will still buy bitcoin

Bitcoin quantity is limited anyway, so any limited thing, that market demands, get higher prices.
50k looks not so bad  :)

I think the person who holds the btc is because maybe he will wait for the price to go up again, whereas for me, if btc has reached 50K, I will sell some, and some of them I will invest it. thank you :)

Yes it can be, even though bitcoin reach $100K, people could buy small pieces of bitcoin depend on how much money they want to spend.
Why not? People willing to buy bitcoin because its value keep growing over time and it has real usability, being used as an alternative currency and may become major currency in the future, who knows. At least, people should know that bitcoin offers many benefits than just hold fiat currency for mid or long term.

this is where the confusion goes, they try to compare it from buying shares from stock market where buying shares has a minimum quantity requirement unlike buying BTC does not meant 1 BTC is 1 share. That's the uniqueness of BTC you can buy it by a fraction and it is scaled thru SATOSHI scaling where it is a hundred millionth of a fraction.so if you are worrying to buy a BTC like it is reach to 50k and your budget is just 5k, you can still buy a fraction of it like .1 BTC.

@gentlemand is right, it makes no sense to ask this question having a particular price in mind. The question, however, becomes interesting if we reformulate it: What will happen if Bitcoin's price reaches a "final state"?

For example: Let's assume that every single (adult) person on earth uses Bitcoin for a large part of its economic activity.

This could happen at a moment where the coin supply only grows in a very slow manner and so, overall, the system becomes deflationary (because of lost or forgotten private keys). That guarantees that there will be no rapid dilution of the supply.

However, that doesn't mean that there can't be a devaluation. The problem is that in this state, no one would invest in Bitcoin because he's thinking he could multiply his fortune (like it occurs now). So the buying pressure would be less, people a grosso modo would only buy BTC when they need them.

A black swan event, in this state - like the emergence of a superior technology - could drive the price rapidly down again, and that would possibly be catastrophic if many people would lose their savings.

It will be hard for investors but they may earn Bitcoin through campaigns which won't require a capital. But they may also invest and since the price is high, they will just buy a small amount and hold it until its price rises. It is thr same on holding 1 bitcoin at this moment, the difference is that, it will be hard to buy 1 BTC, most investors especially the small time investors will only buy .5 or something like that. Sellers don't need to sell their Bitcoin one at a time, it will depend on how much the buyer is capable of buying a certain amount.

I think bitcoin to reach the $ 50K price is still far from predicted because for now the bitcoin position is still stable at $ 4K, and I personally invest bitcoin instead of targeting at a certain price but will sell when I need it and expect the price to rise from the current buy price of bitcoin.
But if seen from this year's price increase don't close the possibility of 3 or 4 more years will touch the price of $ 50 K and I think many people who believe that bitcoin.  :)

If the price will reach that 50,000 USD price then the people around the world who uses and still believes in bitcoin will still buy it because of the technology that inside of bitcoin and having a technology is not always about the price, it is about the things that we can get benefits and not the price that is whether going up or down. If you are a true technology geek then you will understand why bitcoin will never stop getting adopted by the countries even the price of it is already high.

I think if BTC reaches 50k people will still buy it, and it'll be extremely mainstream by then where most places will accept BTC as payment. However I think at htat point people would start pricing things using satoshis instead of saying this pizza would cost 0.00008btc.

I agree with you . Bitcoin will gain a lot of trust if Bitcoin reaches $ 50000 but this will happen in 2040 because the Bitcoin market will now be very popular and everyone knows Bitcoin.

Bitcoin's price is forming from moves of such simple holders like we are. If many people sell their founds the price is going down and opposite with buying. Today mostly the whales are regulating the price for Bitcoin due to they hold big numbers of coins. I may suppose that on such big prices the price for bitcoin is going to jump more activly, if now the price loses hundreds of dollars in the peak of big sale, in the moment of 50k$ price jumps can be from some thousands to some ten thousands. And here only traders are going to be in plus.

Your concern is very much valid and equally on point but you also should know that at this point that the price is still running into few thousands of dollars, it still not affordable for several people at the same time others are buying but Satoshi has made avenue for that too and that's why there are units in bitcoin where you can buy if you cannot afford a whole bitcoin.

Friend, bitcoin can be divided into 8 decimal, if we don't have capital to buy  1 btc, we still can buy a few very worthy satoshi.  It's simple.

If Bitcoin reach 50K, then most of the purchases will be made by the institutional investors and the hedge funds. And a lot of people, who purchased their coins when the price was $2,000 or $4,000 will be dumping them.

I cannot afford to buy 1btc but can eventually be afford to buy a portion of it when it reach @ $50,000. I will continue to buy and hoping to continue rise the price by that time to get a profit.

50k USD is not a small investments,but always there is a fraction that you can always avail and starts making money on it.

Panic buyers will buy it in no time and push the price even higher.

that is true , but how about instead the panic buyers did not happened but the dumping become trends that time? you might join the panic selling rather than the price going up and up higher it gets drop so deep and you lost alot. was not as you expected right?

at that moment you should have a plan b , an anticipation for something unexpected like that.

Exactly. I agree with you. I mean, anybody can buy just $10 worth of Bitcoin as there is no rule that one has to buy it as a whole or at least 1 Bitcoin. When the price of Bitcoin can be around $50K then just buy whatever money you have. There is nothing to worry that eventually people would stop buying Bitcoin because the value is already staggering...this is not true at all as there would always be traders involved in the buy and sell of the said currency. Of course, everything boils down to the law of supply and demand as we are all operating in an open market.

You do not understand if the price reaches that price and there are many sellers and few buyers then the price of bitcoin will have to go down but if the buyers and sellers are in an equilibrium then that means that is the price of bitcoin in which both of them feel comfortable.

So your reasoning should fit in 2009 as well when Bitcoin was less than a dollar. You must have said that there would be less buyers or more sellers when Bitcoin reach $4000. Does that make any sense today?

Bitcoin price is driven by supply and demand. Due to limited supply which will eventually end in 2140, demand will keep on increasing because we still have 99% world's population as available potential market for Bitcoin and cryptocurrencies. Only 1% took the price to $4000. You can imagine what will happen if even 10% of that other 99 % gets into Bitcoin. You are indeed lucky to have known Bitcoin today. There will rather be more buyers in future then sellers as supply will decline.

Well i don't think that you know how pricing works.

For something to reach 50k then it would mean there are people that are willing to execute trades at 50k, both buying and selling. Usually, the price is the last traded price. It isn't something taht people make out of thin air.

Bitcoin is very liquid, meaning as long as the major exchanges have the price at more than 50k, there will be people willing to buy at 50k.

But yes, if btc ever got to 50k in the next few years it's probably a result of a huge ass bubble. People will likely to sell more than there are people to buy, and eventually there will be a correction following the pumps.

i'd be buying the dip  ;D

we still can buy small amount of bitcoin at the exchanges so nothing to worry about that and if the price reach to $50k i think it will happened gradually but not suddently jump from the current price so although the price maybe so expensive i think still possible to buy even more likely people will starting to trade because i'm pretty sure bitcoin will more famous at the time

traders. there will be always a buyer because they'll gonna do trading. until the very last drop of bitcoin. but then again bitcoin price won't disappear in our world because bitcoin will soon gonna be popular in the whole world and soon to be used as a daily money just like fiat system. bitcoin is just starting so bitcoin would definitely be there until the end of the world.

How do we earn the satoshis now ? in small parts. I guess even if it reaches 50k people will continue buying it for small quantities, as they do with gold and other valuable things. If it increases in value, it's because people like and uses it. But I guess reaching this line of value as still many years to come.

Its not really necessary for us to buy on 1 bitcoin or whole of it since we can anytime buy small portions of it. Having a high price doesnt really changed at all on the way we used to be as of now.Even now on the current price of it there are still people dont even afford to buy a whole bitcoin but no one would really force you to buy whole and anytime we can do purchase small partitions of it.

I presented a chart the other day that showed each share of Berkshire Hathaway (Warren Buffets company) was worth $267,000. This figure sounds utterly insane, especially since you can't buy a fraction of a share like you can with btc, yet, people are still buying Berkshires shares. $50,000 is not a big deal if there is still demand, just like $267,000 is not a big deal for Berkshire Hathaway.

At $50,000 a BTC that's still 2000 satoshi for $1, or 20 for 1 cent.

Like a boss! People at this point worry about fluctuations of 10% that happen to be worth $400 at current levels. Imagine how things will be at the time 1BTC's value sits at $50K? 10% fluctuations will be $5K!!

For some people that's an entiry year salary, and that's something you can be scooping up on a monthly basis if you play it well. It's insane if you think about it right now, but completely normal by that time. :D

Yep, on the world have many things with high value but still have buyer want buy them, example: just is keyboard high level or the celebration of a certain champion, you need spend ~$5,000 for buy this things in my country ::).

It works both ways, because if bitcoin does reach 50k mostly those people who are holding on to bitcoin would for sure at some point in their life withdraw and take advantage of the huge price of bitcoin converted to fiat. When they sell their bitcoins, some investors or "whales" buy those coins and stock then so it really works both ways. Most sells their bitcoins when the price is high and some buy them.

Sell bitcoin (even for 50k$)?!
Heretics!

Well if that kind of value would come faster and the thing is there will be a majority of people that is not gonna buy and a small percentage that will still buying, fluctuation is so much important with bitcoin because of it there are many investors earning through that kind of thing, and bitcoin can be a part of your daily or weekly salary if you simply know what and how to earn with it.

Repeat after me:

In a world with creeping and rampant inflation and soon hyperinflation, I must put all my extra money into deflationary assets in order to survive and retire with wealth.
In a world with creeping and rampant inflation and soon hyperinflation, I must put all my extra money into deflationary assets in order to survive and retire with wealth.
In a world with creeping and rampant inflation and soon hyperinflation, I must put all my extra money into deflationary assets in order to survive and retire with wealth.
In a world with creeping and rampant inflation and soon hyperinflation, I must put all my extra money into deflationary assets in order to survive and retire with wealth.
In a world with creeping and rampant inflation and soon hyperinflation, I must put all my extra money into deflationary assets in order to survive and retire with wealth.
In a world with creeping and rampant inflation and soon hyperinflation, I must put all my extra money into deflationary assets in order to survive and retire with wealth.
In a world with creeping and rampant inflation and soon hyperinflation, I must put all my extra money into deflationary assets in order to survive and retire with wealth.
In a world with creeping and rampant inflation and soon hyperinflation, I must put all my extra money into deflationary assets in order to survive and retire with wealth.


Tape this to your damn refrigerator. NEVER FORGET IT.

Not everyone needs to buy a complete bitcoin for investing their money in bitcoin. If the price is $2000 and you buy 0.1 for $200, then if the price reaches $20k you should buy 0.01 for $200. That is how it works. If you have the money, it doesn't really matter if what is the price of bitcoin if you are buying for long term, it will always go higher and you will get your profit, all you need to do is to believe in it.

Which makes bitcoin very valuable because of its advantages. As assets as well currency. Even very likely if bitcoin reaches $50K, will still be a demand for it. Due to little bitcoin supply. As long as it can be traded, there will always be supply and demand.

Everybody.

The time is not coming now when bitcoin price 50k, but i have good thinking about bitcoin's future and i aware you definitely bitcoin will reach at $50000. But i can guess bitcoin need 5 to 7 years to come at this price.
May be in that time, people have money and now still you see bitcoin at $4200 then people buy it not easily but still people are buying the bitcoin.
Then why not people buy the bitcoin when bitcoin has a expensive price.

If btc manages to hit $50k, there will probably already be a lot more infrastructure embedded into the world economy. It won't just be speculators and investors buying bitcoin, it will have a lot more businesses, maybe countries, maybe banking institutions using it, gambling, etc. Bitcoin has real uses that don't really care what the current prices are.

Where do you see "rampant" inflation? Well, there are some high-inflation countries like Argentina, with ~23% inflation, and there may be extreme cases like Venezuela with even much higher inflation. But in most of the world we have 0-3% inflation or even deflation like in Japan and parts of the EU.

And this myth that "in one year/few months/tomorrow we will have hyperinflation all over the world" is already a couple of years old. I'm still waiting.

I think Bitcoin must not depend on the world currencies being inflationary. It must be able to succeed even in a world with low inflation. And I think it will, or is already succeeding. If it succeeds as a currency, it will be bought if we have $50.000, but it won't be bought by people that wait for $100.000, but because of people needing it for buys and transfers.

Who's going to buy? ME.
If it hits $50k it's a sure bet it will hit 10x that it's just a matter of time.

Inflation is incredibly low. The same money buys the same shit as a few years ago as far as I can tell, and gas is a lot cheaper.
Crypto prices have gone way up not becuase fiat has lost value, but because people see the utility and value in it. It's also a hedge in case inflation starts to be an issue. Which it's currently NOT.

Bitcoin price $50k is possible but not now. It needs long times. If really Bitcoin reaches $50k so, I don't buy Bitcoin with this high rate. I will try to take advantages with it. Because I am a small investor in the crypto world.

I don't know how high the price grows, but the users who trust in it and buy. The reason I believe is that it has the smallest denomination which allows the user to buy that is affordable. Even now people say that the price is high, but still they continue to buy as well invest into it thinking the benefits it provides in the future.

Local exchanges would still continue to buy, as well as traders of course. But obviously the volume of sell will outnumbered the volume of buy. Still, there are always people that would buy btc at any rate. Why not, if they need to buy some stuff with btc.

He is not speaking about Bitcoin reaching that price over night!
When the price will be about 50k everybody will continue buying, however not whole bitcoins, furthermore small fractions like bits or even satoshis!
And there will also be damn rich people who will just laugh about 50k and buy pretty good chunk if they want!
So nothing will be different compared to nowadays.
Ok the only difference will be that guys like us will probably be able to enjoy life, if you were smart enough to accumulate as much as you can when price was still cheap.

When BTC reaches $50k that's when the major investors would focus on bitcoin because they know bitcoin is a real deal! There are rich dudes that really have the money to buy bitcoin no matter how expensive it gets. There are people that still don't believe in bitcoin when the value reached $10k that is when they'll focus more on bitcoin because they know there must be something good with bitcoin and when study it they'll surely invest their money into bitcoin. :D

Right bitcoin price reach to 50k is possible but it take more time because bitcoin reach to 4000$ take to eight or nine years, so that means we can evaluate that bitcoin price will really take more time to reach $50k. So I think that's time we have much money and we buy it, you need to don't worry because i hope that time you will have also much more money you buy it very easily, so your investment continue to long term that way you collect more amount of money.

that's right there's still many non believers that will start recognizing the good chances that bitcoin will bring to them though 50k is really too high
but its a reality that there's still rich people who can afford to buy and keep the chain to cycle, buy low and sell high will still the same pattern.

I think the most expensive stock around is Berkshire Hathaway @ $213,000 per share.
Doesn't stop people buying and trading those shares although many will trade
a fraction of one share which is what will and does happen with Bitcoin.

You currently think in terms of 1 Bitcoin as ownership.
Newcomers wont be thinking like that. 1 BTC will be the dream to achieve (eventually).

This is the weakest reasoning I have ever seen. Don't forget what was the price in 2009 and what is now. Did we stop buying or demand get decreased in anyway? Infact quite opposite, demand is increasing at fast rate. In future too the thing will remain same. Demand will be there because of limited supply. There would be enough buyers.

What in the name of Christ made you think that if it reaches 50k, everyone would stop buying? And why so?
You don't see the number of users increasing too with the price as well?
Can't they buy smaller pieces? Will Bitcoin shoot to such levels in a go?
If everyone starts thinking the way you think, then people will surely adopt pessimism and we will end up in the grave.

With the price of BTC soaring, the unit of measure for it should be the mBTC, where 1 mBTC = 1/1000 BTC = 0.001 BTC. One can easily obtain 1 mBTC by paying around $4.6 for it. There's no need to buy a whole BTC, which is what many people are not aware of. I hope this change of units is implemented soon, so that this psychological barrier is lifted.

Other units that could be used:

μBTC or bits (= 1/1000000 BTC = 1/1000 mBTC)
Satoshi (= 1/100000000 BTC = 1/100 μBTC)

So, 0.123 BTC = 123 mBTC = 123000 bits = 12300000 satoshi.

Don’t waste time, bitcoin is going to eventually reach that price, if you do not buy a full bitcoin now it is very possible that you are never going to be able to afford a bitcoin since the price is not going to wait for you, bitcoin is getting more popular everyday and I do not think we are going to see the current prices for too long.

There are 6 billion people in the world (let's just say). There are 21 million bitcoins. If you own 1 bitcoin you own the bitcoins of ~286 people. Think about it that way. Now those 285 people need to scramble to buy a bitcoin. And you think they'll stay around $4000!?

Who is going to buy? People who think that bitcoin is going to go up further or who have pumped the price up.

You have to understand how pricing works. This isn't a shop, this is a free market. You can't just set a price of 50k on bitcoin for no reason at all and expect people to be buying it. No. Bitcoin price is based on trades, and when there is a trade there is an agreement happening, it means that one party is willing to sell at 50k and the other is willing to buy.

Otherwise, the price wouldn't be at $50k in the first place. Get it? If not, let me know what you get and i'll explain in more detail.

I think if bitcoin price reach 50k dollars the millionaires people can buy a lot bitcoin and ordinary people can buy only 1million satoshi because of the high price. But before the bitcoin reach 50k dollars many years before they reach that and possible to rraxh that is 50/50 . Because for me the highest of bitcoin in the next few years maybe it will become 20k up to 30k dollars . But everything is possible to happen .

Precisely, do not wait until bitcoin's price reach that amount because it will be tough for you to afford or buy bitcoin. Don't miss the opportunity you have, you ought to buy bitcoin now so that in the future you could sell it with huge price and gain a high profit. It is better sell your holdings if bitcoin price will reach that amount rather than to buy.

I think that even if we have a bitcoin price of 50,000 dollars, there will be always somebody who thinks it will reach 60,000 dollars.
Sure, when that time of these prices really should come, everybody who buys now will have a much larger profit.
But it will not be too late to start investing into bitcoin even by then.
You just buy a lower percentage of a whole bitcoin then.

if bitcoin reaches 50k with a circulation of 21 million that would roughly about 1 trillion USD in market capitalization value and that is much more valuable than APPLE Inc and Berkshire, but there is no need to worry if its price would reach as high as that because there's still an opportunity to buy a bitcoin at fraction of it, there are no minimum required value to buy bitcoin unlike buying in a stock market and that's the beauty of bitcoin isn't it ?

People who trust bitcoin will never give concern about the price of the bitcoin. Till now bitcoin have profited the users who have invested unlike the increased price. Even the user who invested at the price of $1 as well the person who invested by the time of bitcoin price above $4000 had got profited.

Who are going to buy? Of course those who can afford to. If we will talk about your scenario then the logic is there. There will be many sellers with few buyers. But take a look at the sellers part, since the Bitcoin value is so high, then we have many people who sold their coins and since they sold 'em, they have some money to buy back. The scenario will stay on a loop. Buy => Price Increase => Sell => Price Decrease => Buy again.

The same type of people buying at $5000. No one thought Bitcoin can go to $5000 in 2010 or 2011, but here we are. $50k is not unreachable at all, that's around Apple Inc level of market cap.

i am thinking the same like OP that if bitcoin price reach $50k, then only rich person that could buy bitcoin and for ordinary people, they can only buy small amount of bitcoin. i think if this is happen then maybe will be any of adjustment or other coin that used to "replace" bitcoin but the meaning of "replace" here is that coin is not directly replace bitcoin position but for adjustment in the market or anything. i am having difficult to translate what i am thinking, sorry.

Maybe those low profile's people could not afford that one and maybe they will just hunt some free bits to accumulate some profits around but we can rather expect that rich kiddo's will buy some of it since they will need those balance's for there rich trades and transactions around. But I think also that there would no replacement or whatsoever and the correct one we should use is the adjustment since I can make sure that people will adjust to the price based on there needs.

Few years ago, I am convincing my self to buy Bitcoin at 300usd each. But my mentality is like: "It doesnt cool to buy a fraction of Bitcoin. it must be a whole number". But its too expensive. But what happened is. I buy bitcoin 1/10 one tenth of Bitcoin for .100 while bitcoin is around 1000usd.
So the lesson is either 100k usd or 50k usd, People will still buy bitcoin at no matter price.

Sad but true and that is the same with my situation since I though that bitcoins would never cross for these far and I'm doubting on it really since IF i buy for that time I think I will be rich nor earn thousands of profit on these year and it has huge possibilities to rise up again for more. And If the situation will came to reach for 50k usd at piece I'm sure that there would people would buy bitcoins for the profits sake.

When the unit of trading/using Bitcoin will be the mBTC, you'll be able to!

100 mBTC is a whole number. And it's cheap, at only $430!

It's all in our head... "Whole number" doesn't mean anything in this context...

Yes. You are right. People don't understand that they can buy at a fraction. Why think of a very high value when you can buy in small amount at a fraction. So people need not worry if bitcoin can soar up to 100k or 500K because you can buy at 10 sats when that time comes.

Lots of people, to have a change to sell higher one day.

I think the price is so high. If the price for 1 btc equals $ 50k, it may be just a businessman with a lot of money or a company that can afford it. Well, we can also buy it, but i think it is very difficult to buy 1 btc.

I guess five years ago people asked the same question about the price we have today.
I am sure that you will find people who buy bitcoin even for the price of 50K.
Nobody needs to buy a whole bitcoin.
For the same amount of dollars you need to pay for one bitcoin today, you will get about 0.085 bitcoins once the price is at 50K.
That bitcoin amount is worth a transfer.

it's like real estate spculation: rich people buy houses for hundred of euro/dollars and then sell for profit so i think high price won't influence buy decision negatively. add that you can't buy a fraction of a house (well, in reality you can but ...)

Not everyone is going to get into bitcoin, however you make an interesting exercise if the world population is 7 billion and only ten percent are going to ever get into bitcoin then that means that if you hold a bitcoin then you own the bitcoin of 33 people so the more you own the more valuable bitcoin becomes since fewer people will get access to bitcoin.

There are still lots of people who would be willing to buy because for the price to have risen from 0-10-400-900-1500-3000-10000 up till when it reached 50k without being brought down then the market has a lot of potentials to offer to investors.

If it reaches this value, maybe bitcoin will be widely known and used by people. That said, it may be stable and, who knows it will have plenty of use in the future for people, so I believe people will buy them, even if that means buying a small portion of bitcoin.

If the price reaches $50k, surely people feel it to be unaffordable. But in reality even a single Satoshi becomes more valuable. Based on this people give the same importance as now in the future. An example for the same is the value of fiat in the past to the the present day. In the past single USD was much valuable, but right now the same value was for about $100, similar variations will happen with bitcoin in the coming days.

One bitcoin is a completely arbitrary amount of bitcoin.So the price is completely irrelevant.
Of course I will buy at whatever price. When you buy $100 worth of bitcoin it does not matter if the price per coin is $0.11 or $11,000,000. Stop thinking of bitcoin as coins, they are not coins. It is more like a big pie and if the price is high then you get a smaller piece. But you still can have $100 dollars worth of pie.
 

Of course, the price is sky-high and buying at such a high price will not be enough. This is pure speculation on bitcoins (I mean large percentages of the whole bitcoin). Simply, many will switch to other alternative crypto-currencies.

This is the same as those who bought at $200 when it was at that price. Probably they thought that nobody was gonna buy bitcoin if it reaches $5000.
Now everybody is crazy for buying a coin, or maybe less than a coin, but they want to buy bitcoin no matter what. So the volume in bitcoin is amazing, and there is more people buying everyday, so i think that people will buy bitcoin no matter how much is the price.

IMHO it must be used by people not as speculation, but as a payment tool.