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Author Topic: If price of BTC reach 50K who is going to buy?  (Read 3395 times)
Radnie
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August 22, 2017, 08:03:00 AM
 #41

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

MiladMax
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August 22, 2017, 08:08:23 AM
 #42

Panic buyers will buy it in no time and push the price even higher.
EdenHazard
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August 22, 2017, 08:31:37 AM
 #43

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.

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iamTom123
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August 22, 2017, 09:58:20 AM
 #44

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.

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.
The_Dark_Knight
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August 23, 2017, 01:58:45 AM
 #45

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.
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.
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August 23, 2017, 02:08:43 AM
 #46

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.
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.
btcney
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August 23, 2017, 07:53:38 AM
 #47

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.

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.
HanvanBitcoin
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August 23, 2017, 08:00:45 AM
 #48

i'd be buying the dip  Grin

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August 23, 2017, 09:35:19 AM
 #49

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
DrGuns4Hands
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August 23, 2017, 09:51:13 AM
 #50

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.
joseafonso123az
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August 23, 2017, 09:51:33 AM
 #51

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.
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August 23, 2017, 10:24:11 AM
 #52

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.
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.

R


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somac.
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August 23, 2017, 10:32:14 AM
 #53

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.

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.
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August 23, 2017, 10:53:29 AM
 #54

At $50,000 a BTC that's still 2000 satoshi for $1, or 20 for 1 cent.
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August 23, 2017, 11:06:17 AM
 #55

i'd be buying the dip  Grin
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. Cheesy

BSV is not the real Bcash. Bcash is the real Bcash.
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August 23, 2017, 12:01:09 PM
 #56

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.
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 Roll Eyes.


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August 23, 2017, 02:09:42 PM
 #57

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.
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August 23, 2017, 02:13:48 PM
 #58

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

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August 23, 2017, 02:15:45 PM
 #59

i'd be buying the dip  Grin
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. Cheesy

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.
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August 23, 2017, 02:16:50 PM
 #60

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.


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