If price of BTC reach 50K who is going to buy?

[The_Dark_Knight]

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.

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.

[cpfreeplz]

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!?

[timerland]

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.

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.

[Question123]

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 .

[Krillin61]

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.

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.

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.

[Carlsen]

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.

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.

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.

[yugyug]

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 ?

[oegarod]

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.

[Cranidos]

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.

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.

[kokojie]

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.

[ethereumhunter]

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.

[senyorito123]

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.

[layoutph]

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.

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.

[Weawant]

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.

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.

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.

[AlcoHoDL]

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.

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...

[eagle10]

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.

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.

[Eric Cartman]

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

[Dr.Osh]

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.

[Carlsen]

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.

[bucciarati]

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 ...)