Out of Reach

[AjithBtc]

What kind of people do you call needing bitcoin? Everyone who wanted to buy it did so long ago. I think that everyone who believes in him, in his growth, today receive their awards. And the longer those people who want to buy it and still don’t buy it, the more regrets they will have in the future.

What's been mentioned is the reality about the market and the mentality of common men. Looking at the present growth and the level of adoption happening around everyone gets interested, but very few are with the ability to afford a single bitcoin. As said in the OP, it is possible to buy with what is available at our pocket. Everyone are aware and trust in it. So, we can't term it to be out of reach. It has grown high that has made it more of an investment for the elite group people.

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[peter0425]

My understanding was that the target for the minimum amount of Bitcoin which most
people wanted to own was/is 1BTC in our current bull market that target becomes
more out of reach for the people who most need it.

As an investment Bitcoin is a very friendly  asset for the nit so wealthy classes. There
is no minimum purchase amount and each and every one of us gets to hold our investment
if we want.

We all like to see Bitcoin rise in value and increase in adoption but its pushing it away from
the people who need it and into the people who control large portions of wealth.

A bit of a conundrum...

While we wanted to have 1 bitcoin ,we fail coz we lurk around in other coins to increase profit and so we can buy whole BTC.

But if we are just buying little by little each time, i think all of us has already the 1 btc we all desire.

don't waste time in altcoin,focus in BTC accumulating .

[pecson134]

Reaching to your desired target would be a very challenging attempt. It would be dependent on how you manage your bitcoin as well as on how lucky our break was. Luck was already a big factor to begin with but this variable is not that certain because it is very unpredictable.

[zanezane]

The reason that it is out of reach is because most poor people do not know about bitcoin and they do not even have the money to invest in the first place, most poor people live of a daily life with only 1$ here in my country and most of them are out of touch in technology so who is to blame but the people that put them in that position and themselves. It is hard being poor because everything that you do not spend on grows in interest. If we help them get through and give them a portion of bitcoin to hodl themselves and buy it from them when the price increase then it will be for the better.

[shoreno]

its a standard thing that people wants to own a 1btc not only on the current price but even before we already wanted to own a 1 btc because price of 1 btc is still large back days and it feels like an achievement once you own a  1 btc .

 now that price is verry large , i think dont want to own a 1btc anymore but a half or three fourths of it will already be enough for me to become a millionaire and if a person badly need it they must make a way to obtain it . theres no excuse

[Ucy]

I guess targets like that are made by people who want to keep buying cheaply whenever there are dumps, in anticipation of bull run like this. Anyone could do thesame thing in order to buy cheaply and have more bitcoins.
 In my opinion, if Bitcoin continues to be deflationary, most/all patients investors will still benefit from it in proportion to their investments. So it doesn't matter how much bitcoin you can afford to buy with your money, if price increase, your investment will increase in similar percentage as any other investors.

[bekti3]

 So, we can't term it to be out of reach. It has grown high that has made it more of an investment for the elite group people.

yes you are right, if it is said out of reach it means that at least 1 bitcoin is purchased, even though in reality it is not, the market allows someone to buy bitcoin according to the money they have. for example buying 0.001 btc and it can still be owned.
so it's not quite right if there are statements out of reach

[acener]

Yes most of us are aiming to have at least 1 whole BTC,
But does it really matter if we couldn't reach it right now?
Yes BTC is becoming so expensive or too much for most of us but it doesn't mean that we have to give up on it.
As long as we could save even a small amount regularly then for sure one day we could achieve it and gain what we are aiming for.

[hahay]

Well, unfortunately getting 1BTC is not as easy as imagined and when I worked in a company that only provided for my life for a month, in fact it made it difficult for me to get 1BTC even though every month I set aside money to buy a few satoshis. This also happened with my younger brother who previously didn't believe in investing in bitcoin, and when the price went up he became FOMO and at least that's what most people do, buying when the price is pumping up every day.

[sunsilk]

Not that as you think. No longer our concern if time after time the price hikes and an average joe cannot avail to have 1 whole bitcoin. It is divisible into many decimals and they can still buy it based from the amount that's available on them.

The price has surged a lot and it is still recommended to continuously accumulate through dollar cost averaging. A person that wants his hands and has a goal to have bitcoin, he'll do it consistently.

[LogitechMouse]

My understanding was that the target for the minimum amount of Bitcoin which most
people wanted to own was/is 1BTC in our current bull market that target becomes
more out of reach for the people who most need it.

I'm a bit confused into where did you get this statement?? In the past then yes there is a target BTC that people want to own but as of this moment, is there really a minimum amount of Bitcoin that people want to own.

As per my understanding, as long as you are owning Bitcoin then you are good. 1 BTC is achievable though if you are rich then you can just buy it or if you are a professional trader then you can get more than 1 BTC. It doesn't matter if you are owning lower than 1 BTC. Your understanding is wrong and you must change it

[adzino]

It is stupid of them to think that they should own at least 1 Bitcoin. In reality, it will be almost impossible. Like jackg said, there is 21 million cap and if everyone decides to hold 1 BTC, only 21 million people will be users of bitcoin.
Bitcoin is not out of reach and will never be. You can always invest in fractions of coins and still make the same profit like you would when the price was lower. You can also accumulate bitcoin overtime and maybe eventually reach your one whole coin target, but that is not necessary. If you still wish to hold whole coins you can try investing in altcoins.

[Lorence.xD]

Yes most of us are aiming to have at least 1 whole BTC,
But does it really matter if we couldn't reach it right now?
Yes BTC is becoming so expensive or too much for most of us but it doesn't mean that we have to give up on it.
As long as we could save even a small amount regularly then for sure one day we could achieve it and gain what we are aiming for.

I do think that not reaching 1 Bitcoin is a lesson that we all should take to the heart, this serves as a reminder that what we could've owned a lot for 20 years ago could've been the catalyst that will change our lives, a reminder that doubting the potential of something or someone will not get you far. You could still get 1 Bitcoin, it is not impossible at best, you just need to have a patience to find the right time to buy one because the market is volatile and prices could go down.

[MCobian]

There are no conundrum in Bitcoin, because everything is very clear. And indeed Bitcoin is very transparent, maybe what makes Bitcoin
out of reach for some people is because not everyone can buy Bitcoin in large quantities. The price of Bitcoin goes up, the amount of Bitcoin
that will be obtained will be much less, this is indeed the case and must be accepted.

So if you want to have large amounts of Bitcoin, you have to become early investors or rich people. Maybe another solution to be able to collect
a lot of Bitcoin, could be accumulating Bitcoin. Buy Bitcoin little by little, that way the price of Bitcoin can be more affordable.

[Silberman]

I know it's out of our reach; however, bitcoin isn't about purchasing the 1 BTC and hold it. It's about the twofold your contributing by putting your low sum. Individuals frequently use bitcoins to exchange and make savvy benefits with them. For me, just a tycoon can purchase the 1 BTC and make a benefit by holding it for a decade. There's no restriction for bitcoin speculators. You can contribute as much you're bearing to lose.

Owning a full bitcoin is now not only out of reach for the poor but now it is also out of reach for those that are middle class in developed countries, but as I have said those people had a full decade to realize the economy is a total scam and they are the ones that are the most affected and yet they did not took the time to do it, and now they are the ones complaining about having not enough money to buy a full bitcoin when we have been warning them this day will come.

[ChrisPop]

It is not pushing away, but its value increases. People who are in the lower bracket of income can still buy fractions of a Bitcoin, they will still get the same benefits of Bitcoin, but proportionally to their allocation.
1 BTC is a lot nowadays, but 1 mBTC is not that much while 1 satoshi is accessible to anyone. This is the beauty of this currency, everyone can participate in a decentralized distribution of wealth. They can keep it or send it forward. It's all part of the blockchain aka the history of transactions in our society. Quite cool if you think about it. 

[dimonstration]

Yes most of us are aiming to have at least 1 whole BTC,
But does it really matter if we couldn't reach it right now?
Yes BTC is becoming so expensive or too much for most of us but it doesn't mean that we have to give up on it.
As long as we could save even a small amount regularly then for sure one day we could achieve it and gain what we are aiming for.

Besides even it is not 1  the fact that we were able to have BTC before the price started to arise and make this ATH is already an advantage for us since we were able to buy BTC at lower price and gain profit or more profit during this time. Those who have more and have more than 1btc also deserves the profit since for sure they also waited for the price to reach these high same with those who have it before these pump.

[coolcoinz]

I know how some of you might feel about the price, but many years ago people predicted that if Bitcoin ever succeeds it will be impossible for most people to even own 0.5 bitcoin.
We will never have 21 million bitcoins in circulation (unless we fork to make it so) as at least 2 million is already lost and more will be lost over time. How many will we have in 10 years? 16 million real usable coins? IMO we should accept the reality that 1 mbtc is a lot and by holding it you are in fact holding bitcoin. Don't make a mistake of thinking that without a full bitcoin you are not a bitcoiner, a holder, or that you will never make a profit.

[Silberman]

I know how some of you might feel about the price, but many years ago people predicted that if Bitcoin ever succeeds it will be impossible for most people to even own 0.5 bitcoin.
We will never have 21 million bitcoins in circulation (unless we fork to make it so) as at least 2 million is already lost and more will be lost over time. How many will we have in 10 years? 16 million real usable coins? IMO we should accept the reality that 1 mbtc is a lot and by holding it you are in fact holding bitcoin. Don't make a mistake of thinking that without a full bitcoin you are not a bitcoiner, a holder, or that you will never make a profit.

Correct, in fact this was known from the very beginning, when satoshi exposed his idea some of the early adopters basically told him that each coin will have to be worth tens of millions for bitcoin to work and while we are far away from that goal it seems that slowly but surely we are reaching that scenario, so people need to understand that if in the future bitcoin was really adopted by every single person around the world the average amount each person will be holding is 3mBTC so as long as you are holding some bitcoin that could be enough to improve your life significantly.

[imstillthebest]

its out of reach when the value is expensive but if you have the money and you want a fast way to own a 1 btc the best thing that you can do is to wait for the fall of the value

but we must know if what is our purpose of owning a 1 btc because its useless that you will sell your 1 btc weeks or months later after you finally collect it .

 it take you a long time and it takes hard work and patience . we need to value every goals that we achieved