The higher BTC goes, the bigger the risk/reward ratio and the less buyers enter

[barabeku]

If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.

Actually, I think that Bitcoin will become less volatile within time. It also can be connected with ETF launch. Gold had been also very volatile before ETF was  released, but now it is quite stable compared to crypto market and even stocks. What is more, Bitconi is being adopted more and more, and I think that it also will make Bitcoin more stable.

[Ultegra134]

Based on what I have understood about this is when the price of BTC goes high, there would be a.lot of people who will get afraid of buying bitcoin because of the higher risk they may encounter upon buying it, well it doesnt matter because you dont need to buy a 1 BTC or $100k if bitcoin reaches that amount in the future, you can still buy small amount based on your busget.

It's not necessarily being afraid to buy, that's one reason indeed, however, it's more like the analogy of risk/reward. Supposing someone wants to invest $1000 in Bitcoin, the amount he'll receive will be a tiny fraction of it. Let's assume now that after 2-3 months, an increase of 10% occurs, in the best case scenario, our investment is now worth $1100, which isn't an insane amount.

What OP wants to point out is that for some, it could be more beneficial and practical, to invest in another coin, unless you're planning to buy long-term, and focus on obtaining more BTC.

[Alisha-k]

If bitcoin grows higher definitely,miners would improvise and developers in charge of the block chain will also adjust and maybe create more apk files to back up block chain and change the privacy settings to make it more secured.
Frauders will increase just like what they do on daily basis so as to be able to cope on their fraudulent and the whole system will be more tough .
Maybe by then,bitcoin will be very difficult to get

[Kakmakr]

You know.... people said the same thing when the price was $300 ..... then again at $1000 and so on and so on.... I was one of the lucky people who discovered Bitcoin at +/- $300+ and since then I made more than 800% profit on my coins.  

It takes a few years for these things to happen.... so do not think short term with these Bitcoin investments. The sad things is, Bitcoin is not a commodity.... but rather an alternative currency... so the hoarding of coins are actually harming Bitcoin's future.  

[Argoo]

I agree with you, because this is not just a guess-it is information that has been confirmed by many experts and actually makes sense. But it seems to me that the biggest issue is precisely the time frame. And no one can say exactly when this is going to happen and what potential will meet our expectations 100%. And yet in theory it is possible to imagine such a situation - that bitcoin at some very unexpected moment, right on the peak can lose its value and collapse sharply at the very moment when people will be celebrating their profits. I do not fully believe and understand such independence of bitcoin and I think that in time it may present not only pleasant surprises.

It is quite logical: the higher the price of bitcoin rises, the less there will be those who want to buy it at a high price precisely because of its high volatility and a relatively low growth rate. With a rise in the price of bitcoin by one hundred or two hundred thousand dollars, there will already be much fewer people who want to buy whole bitcoins or even half of it. For people with an average income, we can only talk about buying a certain amount of satosh. However, they will no longer provide sufficient profit, since Bitcoin is unlikely to increase in price significantly.
On the other hand, if the price of bitcoin periodically falls, even if with each such wave it does not reach the previous level, with its high price, the risk of losing large invested funds will also increase. That is, over time, the financial laws of our physical world will work more intensively. It is in this connection that the price of things of our objective reality, even in a single copy, is never too exorbitant.
We do not know how high the price of bitcoin can rise. However, we know that we live in the physical world, where a high price means either the investment of a large amount of labor, or special labor to create single items.

[batang_bitcoin]

Actually, I think that Bitcoin will become less volatile within time. It also can be connected with ETF launch. Gold had been also very volatile before ETF was  released, but now it is quite stable compared to crypto market and even stocks. What is more, Bitconi is being adopted more and more, and I think that it also will make Bitcoin more stable.

It might come to happen but when it's already too high and there's lesser much of the FUD by that time. The bad news/FUD are the ones that makes the market suffer and shows off how volatile it is. We have no problems when it goes higher and higher because we're all happy with that and it's making everyone not wanting to sell because we want to see the better of it and of a higher price. And when it becomes stable, this is the time that many will use it as is, as what satoshi has made it on its purpose.

[Slow death]

You know.... people said the same thing when the price was $300 ..... then again at $1000 and so on and so on.... I was one of the lucky people who discovered Bitcoin at +/- $300+ and since then I made more than 800% profit on my coins.  

It takes a few years for these things to happen.... so do not think short term with these Bitcoin investments. The sad things is, Bitcoin is not a commodity.... but rather an alternative currency... so the hoarding of coins are actually harming Bitcoin's future.  

if you are asked now:

in your opinion what are the chances of someone buying bitcoin for the price of $60,000 and making 4X profit in just a few months? note that I didn't even talk about 10X profit, I'm just talking about 4X. I'm sure most people will tell me that buying $60,000 to have 4X profit in a few months is a very difficult thing to do, and they will be right.

and as the past has shown several times that the price of bitcoin tends to rise and have a new ATH and then fall 30% or more people will expect it to fall below $60,000 to buy

[franky1]

some have already said. but worth repeating as it seems many have ignored/over looked

tl:dr
"what if btc reaches $61million per btc"........ use bits
much like how 1tonne of gold is $61mill.. no one measure per tonne anymore. they use ounces


long winded explanation
people do not need to invest full fiat to buy a full btc

say you initially invested $30k to buy 1btc back last december.
ta da well done you doubled your funds

but you do not need to invest all the $60k now to double.
instead you can buy $30k worth (0.5btc) and when the price doubles ta da another 2x

..
also if you cannot afford say $60k today. and can only afford say $6k. dont worry. 0.1btc can become worth $12k (2x) when the price doubles


what people dont realise is in the gold market. if the gold market was measured per tonne price. it would be a market price of $61,094,568 per tonne

but no one buys whole tonnes. so why care about that metric..
same goes for btc. why care about whole btc. when we could just have market price of say 'bits'(100sat) which converts as $60k per btc=$0.06 per bit

imagine all markets just showed that people can buy bits for $0.06
it will feel like its 2010 again where people are buying crypto for pennies
where each year it goes up from that few pennys per metric price

no one would care about a metric they cannot afford and instead be trading as if it was 2010 with units for sell for pennies

lets imagine it another way
how about a secret no one knows. before bitcoin had an exchange selling btc. there were a few people selling bitcoin not in btc but in pza. this was a bundle of units measured as about 20,000 in todays btc.

this was the trade of the 'bitcoin pizza' where by a pza(20kbtc) was worth about $30.
yea i just made up a pza metric. but the point is the value then was real.
and thats the thing. in bitcoins source code of how raw data is used in blocks and transactions.. there is no 'btc' just like there is no 'pza'
all block data all transactions since the genesis has always been measured in sats.
yes theres even no such thing as 'bits' in raw data. but again there is no such thing as 'btc' either so dont get too hung up on holding onto the illusion of a btc metric.. just like people are not hung up on a tonne gold metric.

markets can use different metrics for the same asset and not have a problem
whether gold is measured in killogram, ounce or gram.. doesnt mean anything
whether bitcoin is measured in pza btc bits.. doesnt matter

what people need to realise is if a tonne looks too expensive. use ounces.. if a btc looks expensive use bits

[TheEconomists]

I don't believe your assertion that the higher Bitcoin value the lesser the buyer because over the years it has proof that many buyers do adopt Bitcoin when it's price is because there all positive news around the social medias so people want to enter and make profit as they don't want to be left out, and that was why many people used to be trapped during Bitcoin market rally because that is when whales do take profit.