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Author Topic: Who Buys Bitcoin When The Price is 100k$?  (Read 1197 times)
Mate2237 (OP)
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June 26, 2023, 09:45:47 PM
 #1

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?









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June 26, 2023, 09:49:58 PM
 #2

There will always be buyers, no matter the price of Bitcoin. Even if Bitcoin is 1 bitcoin to 1 million dollars, people will still buy and hold.
 
You know why; this is as a result of the belief that whatever makes it hit the $100k price will definitely make it climb higher than that. So far as Bitcoin doesn't have a maximum limit to which it can't exceed, we will always have people that will buy and hold at any point in time.
 

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June 26, 2023, 09:50:11 PM
 #3

- People who are fearful. They understand Bitcoin's economic and value proposition, yet, they ignored Bitcoin until they've found themselves with little choice but to enter at 100k or potentially be left behind even further
- People who have no choice. Money in their country is losing purchasing power rapidly, so they must use Bitcoin in order to preserve value.
- People who are losing freedom. Some systems where CBDCs become exclusive and where cash is phased out, will inevitably face tyranny on the rules in which they can use their digital money. Maybe, even have become financially ezcluded. Therefore Bitcoin is their only choice.

Then of course, speculators and investors who believe $100k is just the beginning
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June 26, 2023, 10:03:14 PM
 #4

People will buy BTC even if the price is at $100k dollars because BTC is a currency and not only an investment asset, and they don't have to buy 1BTC for $100k because it will be expensive for a lot of people, but they can buy lower amounts or as much as they can afford.
Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
This is not correct, there's no company that went bankrupt last year because they bought BTC. All the centralized exchanges, lending and earning platforms and crypto companies that went bankrupt in recent events, all collapsed because they operate through a fractional reserve system, that is they use the funds they have for gambling, trading, investments or anything that can make them more money, and if the investment fails, they become insolvent and collapse, and it creates a domino effect because many related companies are also exposed to them.

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June 26, 2023, 10:05:17 PM
 #5

Amidst the price there is demand for bitcoin. So, nothing to worry about the selling of bitcoin at its peak price. When the price was $70k people were selling it and people were buying it. Unlike the price, the trading practice will continue which will let the person have his portfolio undisturbed.

Some people without proper learning about the market make a direct entry at the peak Nd this shouldn't happen, because this will surely affect the person and he needs to hold it for much longer time period to enjoy profit out of the buying or ends up losing.

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June 26, 2023, 10:08:03 PM
 #6

The future of Bitcoin is quite bright, which is why many people will not be scared to buy it at any price because there is always the possibility that it may rise over the price at which they purchased it.

When Bitcoin was first established in 2009, no one expected it to even reach $1000; but, during the previous halving, the price reached $69k, which no one expected; only patent investors gained from the pump.

If Bitcoin halving continues every four years, $100k will not be the benchmark of Bitcoin price because it would undoubtedly rise over that level.

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June 26, 2023, 10:19:03 PM
 #7

If bitcoin has surpassed $100000, it is better not to buy bitcoin again at that time if you do not want your story to be like those that bought bitcoin at $50000 or above in 2020 and 2021. Such people are losing now but bitcoin will rise again. Before bitcoin will get to those prices, it takes years. If you buy at $100000, probably you might later wait for years before you make profit. Do not join the fomo group, buy now when it is not yet late again.

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June 26, 2023, 10:21:16 PM
 #8

Will the price pass 100k$ next year 2024 for buys to make their gain?

It is possible if we look at the percentage growth of Bitcoin price every cycle.  Though this is still pure speculation since we never know what will happen in the future.  Anything can happen and in the worst case scenario, we might not be seeing Bitcoin breaking its ATH and the bear market duration being extended.  Regardless I wanted to be optimistic about the Bitcoin market and that it will repeat its history of breaking it ATH again this cycle.  So yeah, I am more inclined that the Bitcoin price will pass $100k not next year but in 2025.


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June 26, 2023, 10:26:03 PM
 #9

There will always be buyers, no matter the price of Bitcoin. Even if Bitcoin is 1 bitcoin to 1 million dollars, people will still buy and hold. 

this is not true
.. there is always a window of value>premium

in 2021 the window was $10k-$75
this is because  for instant the top number is the amount it costs even the most laziest hobby miner in the most expensive region to mine bitcoin. meaning if everyone on the planet can mine for less than $75k no one will want to pay too much
so the market price topped out at about $70k because less and les people were willing to buy until all buyers stopped. so it didnt go higher

in 2022.. the window was $15k-$90k
but most people in the expensive mining cost countries were more interested in sorting out their fiat lives so hardly any people with what would be natural mining costs of over $50k wanted to just buy bitcoin which is why there were no people paying above $50k

its now 2023 and the window is about $23k-$140k
but right now everyone is happily buying cheap and there is not much demand to pressure the price to go up. because there is a excess supply pushing the price down to try to keep it below $32k so far this year. (mostly from whale doing shorts on other markets thus pressuring the spot market to ensure their shorts futures market bets fulfil..)
everyone is happily buying cheap coins that are being held down by whale traders.
but once their contracts ends. then natural trade speculation could push the price up. where $100k is possible this years but anything above $150k would require higher mining costs to warrant people to want to buy at such rates


right now so far this year there is no logical/economical/infrastructural reason anyone would want to pay over $200l becasue anyone/everyone on the planet can mine for sats at the rate of under $140k so no one would want to buy for $1m right now
not unless the underlying mining costs went up by many multiples to equate to a reason a region on the planet find it financially beneficial to buy coin at such a rate rather then mining it


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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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June 26, 2023, 10:44:29 PM
 #10

It will be hard to know. A lot of people, even the rich ones, stopped buying bitcoin when it peaked @ $68k. Everyone only thought of selling at that point, and the order books then are filled with fat sell orders looking to get out of the market right even before the crash occurs. Unless people see that the market is really pushing and not another fakeout, someone will buy at that price - especially the greedy ones looking to get more. Until that happened, asking this question is pointless as all things point to buying at that price being illogical since there aren't that many people willing to buy at that point.

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June 26, 2023, 10:45:26 PM
 #11

This is not a thing to be thinking of because I myself has been a living witness even other reputable members also were thinking same but likely look at the bitcoin price today, there were no way anyone would believe we would see bitcoin 69k plus as ATH same thing is applicable to what you are saying. You might be surprised bitcoin will hit to a million dollars have you also considered who then will buy as well but today you are buying bitcoin if you were asked then to buy you might feels that bitcoin won't appreciate in price or makes any changes.

it was from cent, to a dollar, then moves from hundred, then from thousands i believe we may also witness million dollars is just a matter of time and people will keep buying bitcoin. Just take instance of gold, till Generation to come people will still keep buying gold and bitcoin is a digital gold.

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June 26, 2023, 10:58:42 PM
 #12

If its market price is still increasing, then that would be fine. Also, it just sounds expensive 'coz it is 1 bitcoin as a unit, but fact is, you can buy a portion of it. Given that its market value depends on demand and there's limited supply of it, then it is okay to believe that skies the limit for its market value as long as demand is increasing as well. People would buy no matter what price there is as long as it moves. Volatility is the biggest risk for assets of the likes but it is also the biggest advantage over other type of investments. And as a currency, what's more likely to happen if people would be buying Bitcoin at $100k, is for investment purposes and not for payment means.
It will be hard to know. A lot of people, even the rich ones, stopped buying bitcoin when it peaked @ $68k. Everyone only thought of selling at that point, and the order books then are filled with fat sell orders looking to get out of the market right even before the crash occurs. Unless people see that the market is really pushing and not another fakeout, someone will buy at that price - especially the greedy ones looking to get more. Until that happened, asking this question is pointless as all things point to buying at that price being illogical since there aren't that many people willing to buy at that point.
A crash happened last ATH but if we would base on graphs, in particular with annual Bitcoin price movement, such thing is possible. Cycle is  price goes up, be corrected then go up again. Even I, before, never believed its price could be as huge as its ATH, but what happens simply proves how huge the potential is, for this industry.
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June 26, 2023, 11:45:59 PM
 #13

There is nothing special about $100k or any other price level, other than that we are used to base 10 so it's a nice psychological milestone. Bitcoin is bought by people who believe that its value will go up or at least won't go down. A few years ago it was unimaginable that Bitcoin will be stable above $20k, because $20k was the peak of 2017 market. Maybe the history will repeat and there will be new highs conquered and secured. Or maybe indeed Bitcoin will reach a maximum and struggle to find more buyers. No one can predict how it will play out.

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June 27, 2023, 12:25:22 AM
 #14

Will the price pass 100k$ next year 2024 for buys to make their gain?
Buyers are people who believe that price will go up more. In contrast, sellers are people who believe that price will be corrected, crashed, fall down. Buyers can be truly investors with strong belief in Bitcoin future and diamond hands but they can also be people who don't understand anything about Bitcoin, don't have good belief in Bitcoin and just are greedy, want to get quick profit.

Because Bitcoin is designed to have its block reward halves in every 210,000 blocks or 4 years till 2140, I believe there will be good number of halvings for FOMO. It is not real reason for Bitcoin price growth that depends more on Bitcoin adoption. With Bitcoin adoption has been increasing latest years, I believe that price will go up more and many people will have similar belief like mine.

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June 27, 2023, 01:33:01 AM
 #15

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
Many people might have asked the same question many years ago. Some even inquired about who will buy Bitcoin at even $3, but today we are projecting the price to get to $100k. There are may die-hard bitcoin believers that a convinced that the price will keep increasing with time. If bitcoin piece gets to $100k I am not sure that it will fall below $50k during the next bearish market. And in the next bull run, it is also possible that it will exceed the former $100k benchmark.

Amidst the price there is demand for bitcoin. So, nothing to worry about the selling of bitcoin at its peak price. When the price was $70k people were selling it and people were buying it. Unlike the price, the trading practice will continue which will let the person have his portfolio undisturbed.

Some people without proper learning about the market make a direct entry at the peak Nd this shouldn't happen, because this will surely affect the person and he needs to hold it for much longer time period to enjoy profit out of the buying or ends up losing.
The demand and supply of Bitcoin will also play an important role in how high the price will go. If Bitcoin becomes widely adopted by different nations the demand for it will go up which will lead to an increase in price. The future price of bitcoin is unpredictable because many factors can contribute to the rise or fall of its worth.

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June 27, 2023, 01:48:07 AM
 #16

indeed for people who are very timid, they definitely won't dare to buy bitcoin at a price of $ 100k and surely the reason is because they are afraid that the price of bitcoin will fall again and eventually a bear market will occur again. and in my opinion that is a normal thing because indeed we also have to be careful in buying so that we don't get a loss.

but in my opinion there will definitely be a lot of people who buy btc even though the price of btc is above $ 100k, because of course everyone's thinking is different.
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June 27, 2023, 02:22:10 AM
 #17

That is a good question, and that's why I say bitcoin is a financial game where there will always be buy and sell, and there will always be winners and losers. But many people mistakenly think that bitcoin will go up on its own and all bitcoin investors will win. Even if bitcoin hits $1 million, there will still be buyers as market makers will always know how to make many investors believe that bitcoin will reach even higher prices in the future.

When it comes to finance, we need to think of it as a battlefield, and there will be winners and losers. No property or game can bring wealth to all players.

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June 27, 2023, 02:32:46 AM
 #18

If bitcoin has surpassed $100000, it is better not to buy bitcoin again at that time if you do not want your story to be like those that bought bitcoin at $50000 or above in 2020 and 2021. Such people are losing now but bitcoin will rise again. Before bitcoin will get to those prices, it takes years. If you buy at $100000, probably you might later wait for years before you make profit. Do not join the fomo group, buy now when it is not yet late again.
actually it is not wrong completely because we knew that once the bull comes those who bought at 50k will eventually recover and win back their losses with fruits of their investments.
and that is the advantage of Holding and not being panicking.
100k will be able to get in the next couple of years .
_______________________________________________

about the OP's question ?  I will not deny buying at 100k value but that will happen only after we hit the ATH of at least 200k so meaning that when that time comes that 100k price is a dumping value like what we have today from 68k now at 30k.









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June 27, 2023, 02:52:30 AM
 #19

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?


Could have asked the same thing years ago about $30k, or $10k, or $1000, or $100, or any price number that has already been hit. At any price level there will be buyers and sellers.

Also, Bitcoin's price rise is directly related to how much buying money there is, compared to how much Bitcoin is being sold. So just as there are more buyers of Bitcoin at $30k than there were at $1000, there will be more buyers at $100k than there are today, and there will be more buyers at $1,000,000 than there will be at $100k. Because to get to that higher price that means many more people need to be in the market, therefore there are more buyers.

There is no point worrying about what will happen at some specific price, like $100k. The market will continue and the price will keep going up as long as the population of the world learns about Bitcoin and likes what they learn about it - which I think for any of us that are already into Bitcoin, we know that the answer will be yes, the price will keep going up because Bitcoin is incredibly valuable to the world so there will always be new buyers coming in when they learn about Bitcoin.
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June 27, 2023, 03:17:26 AM
 #20

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

Well, I would probably buy, I mean it was the same at times like this where we still buy Bitcoin when the market price was still around 20k$, I mean if the market price of Bitcoin was just 100$ would you still buy Bitcoin at 20k$? the answer is yes right because at that point no one knows that the market price of Bitcoin is going to reach 20k$ at some point which is why a lot of early investors earn a huge amount of profit.

For sure buying at that 100k$ is a huge risk for a lot of investors but if the market stabilizes at that market price it would easily be common buying at that certain price that just means the ATH is going to be higher probably 500k$ or even million. We all believed on Bitcoin but it still depend on how much your going to risk on it.

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June 27, 2023, 03:26:26 AM
 #21

-snip

Two types of people:

Those who think like you who think about buying at a certain price trying to guess whether it will go up or down to determine when to sell and will end up getting burned.

Also, those who will buy for the very long term, with money they won't need to spend for years, who know Bitcoin very well and know about the economy and society, believing that it will play a fundamental role in them, more than it does today.

Guess which of the two groups is better to be in.



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June 27, 2023, 03:32:28 AM
 #22

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
If there one thing that history will tell us, is that there are going to be FOMO whatever the price will be of bitcoin. Tell that to those who have bought at $1.00, and it will be the same for $100k.

The price will continue to go up in the future, and if you are a wise investors, you can make x gain in the next years or even decades if you decided to hold for that long.  So for now it looks like you have a valid argument, but s we march towards $100k, the sentiments are going to chance and then we are going to look for $1 million price range, probably 2-3 halvings from now.

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June 27, 2023, 03:34:27 AM
 #23



Will the price pass 100k$ next year 2024 for buys to make their gain?

As far as I'm aware of, one cannot lose their bitcoin investment as long as they do not sell it a lower price. We all know bitcoin's price has been increasing each and every year passed. We've seen it at $1k and a couple of years later it jumped to almost $20k, then a couple more years later it jumped to $60k. So, if you do the math, there is a good possibility that bitcoin may surpass that level in 2024 especially that we are approaching for another bitcoin halving which was known to be a bullish even in crypto space.
Again, no one is gonna lose as long as they are not selling at a lower price. New investors must learn how to be patient and make more research about bitcoin and it's historical run. It is also advised to invest what they can afford to lose as we never know when will bitcoin pumps again - so during the bear season you can consider your bitcoin holdings as partially loss until it recovers again. A total loss is when you sell it a lower price.

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June 27, 2023, 03:42:13 AM
 #24

The future of Bitcoin is quite bright, which is why many people will not be scared to buy it at any price because there is always the possibility that it may rise over the price at which they purchased it.

When Bitcoin was first established in 2009, no one expected it to even reach $1000; but, during the previous halving, the price reached $69k, which no one expected; only patent investors gained from the pump.

If Bitcoin halving continues every four years, $100k will not be the benchmark of Bitcoin price because it would undoubtedly rise over that level.

The future of bitcoin is very bright from the point of view of investors like us, but there is no guarantee when bitcoin hits $100k, and it can continue to rise. The future is unpredictable and it's all just predictions. Investing in bitcoin means, we are taking a risk, we are betting for a bigger reward in the future, and that's why people always say investing in bitcoin is risky.
The value of bitcoin is completely dependent on demand, so we cannot confirm anything, and we need to remember that no asset can go up forever, there will come a time when everything will saturate.

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June 27, 2023, 03:53:53 AM
 #25

I will certainly buy as long as I believe that there is more hype or best future for the crypto specially bitcoin .
have been believing bitcoin for how many years , and till not I am buying everytime that I have enough money to buy and risk.
and also price of bitcoin is not an issue when the adoption finally happens because for sure the price will continue grows year after year.

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June 27, 2023, 04:13:23 AM
 #26

not planning to buy as soon as the price hit 100k because  that is an insane belief , though we all not sure if bitcoin reach that high any time soon so this topic is futuristic and may come reliability in the next years?
there are different looks from all of us so why come to ask 100k when we cannot even cross the next ATH.
I will certainly buy as long as I believe that there is more hype or best future for the crypto specially bitcoin .
have been believing bitcoin for how many years , and till not I am buying everytime that I have enough money to buy and risk.
and also price of bitcoin is not an issue when the adoption finally happens because for sure the price will continue grows year after year.
good stand there mate , you know how to manage decisioning because with those years that you trust this market then congrats for your future growth.










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June 27, 2023, 04:20:01 AM
 #27

There will always be buyers. You talk like $100k will be the final ATH price for bitcoin and it won’t ever go above it. People said the same people thing for $20k too. Then btc went way above $60k. Btc is designed to go up against the usd in the long term. This happens because btc has a hard cap on the supply while usd don’t. In the end those who’ll buy btc from $100k will make money too if they can hold their coins long enough.

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June 27, 2023, 05:01:08 AM
 #28

Investors will always be interested in investing in Bitcoin regardless of the price of Bitcoin. The value of Bitcoin is completely dependent on demand, we know there will always be demand for Bitcoin.The future of Bitcoin is very bright, because there is always a possibility that it will go up from the price at which they bought it. When Bitcoin reaches $100k, they will think that Bitcoin price will advance further.  This is why many people will not be afraid to buy it at any price.  I think there is possibility that bitcoin will hit $100k and it could go up.  Since Bitcoin once reached $60k so expect to reach $100k.

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June 27, 2023, 05:10:39 AM
 #29

One thing you need to realize is that if one holds a coin and sells at $10K the perhaps the order is split maybe in 2 people who invest in Bitcoin at $5K each.

When Bitcoin is $100K and you sell then you need 20 people if they invest an average of $5k. If you go to $200K then you need 40 people. And you aren’t the only one selling.

So the higher Bitcoin goes the harder and harder it will be to rally since the market cap is already high. So don’t make prediction like Bitcoin going to $1M because it’s not easy.

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June 27, 2023, 05:12:27 AM
 #30

Well, buying ATH is kinda pointless. It will be 100% go down after that, only the pure enthusiasts will buy it at that price. But I'd definitely buy it at $100k after it hits $200k because there are chances that it won't go significantly lower. And yes, I believe that $200k is not the ceiling for it.
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June 27, 2023, 05:24:21 AM
 #31

In the market, there are always sellers and buyers, and all are for profit. So even if bitcoin is above $100,000, even $500,000, there will always be buyers, as the market will always have tricks to entice people to join the Fomo group or dump their bitcoins. That's how financial markets work.

But I see there are some people who think that bitcoin is made to increase in price and will always increase over time. I believe there is a limit to everything, and bitcoin is no exception, there will come a time when bitcoin stops increasing in price when supply and demand balance. But that won't happen anytime soon because the number of people who own bitcoin is insignificant compared to the entire population of the world, the demand for bitcoin is still huge. The value of Bitcoin is still undervalued, so there are still plenty of opportunities for us to profit in the market.

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June 27, 2023, 05:38:12 AM
 #32

"Who Buys Bitcoin When The Price is 100k$?"

These title of your post above caught my attention and also that of others, of course. If the price of BTC is $ 1OOK, who wants to buy it, if I'm not mistaken, I say. Grin Grin

What is certain and dominant are traders and speculators who always monitor volatility movements and make short-term investments that are able to take advantage of price movements from market fluctuations, especially like 12 days ago. even if the price of BTC to $ 100k - 200 doesn't matter, the important thing is they can accumulate profits even though it's not much. the important thing is there is a daily round.

Just my assumption.

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June 27, 2023, 05:47:39 AM
 #33

<snip>
What you are saying is not really bad. During the last bull run the persons that bought at 68k are in loss and the only way they can recover is to keep hodling for longer period of time and hoping that the price goes beyond the ATH in the forth coming bull season for them to actually make profit. So I think you're not entirely wrong to set 100k as the limit where you think it's not advisable for one to get in during the next bull run, even if the price stretches further, 100k is still safe. But to be on the safe side, there is not other better time to buy than to buy now and hodl.

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June 27, 2023, 06:02:04 AM
 #34

I always see that during the bull market people always buy it even though the price is already expensive, and I also always see that during the bear market people always sell it even though the price is already low.

so I think in this case, of course, we will also see during the bull market, for sure, if the price of BTC $100k, someone will buy it because usually people don't want to miss the train.
so I have an opinion that if the bitcoin price is more than $100k someone will buy it.

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June 27, 2023, 06:30:46 AM
 #35



Will the price pass 100k$ next year 2024 for buys to make their gain?

As far as I'm aware of, one cannot lose their bitcoin investment as long as they do not sell it a lower price. We all know bitcoin's price has been increasing each and every year passed. We've seen it at $1k and a couple of years later it jumped to almost $20k, then a couple more years later it jumped to $60k. So, if you do the math, there is a good possibility that bitcoin may surpass that level in 2024 especially that we are approaching for another bitcoin halving which was known to be a bullish even in crypto space.
Again, no one is gonna lose as long as they are not selling at a lower price. New investors must learn how to be patient and make more research about bitcoin and it's historical run. It is also advised to invest what they can afford to lose as we never know when will bitcoin pumps again - so during the bear season you can consider your bitcoin holdings as partially loss until it recovers again. A total loss is when you sell it a lower price.

Correct 1 Bitcoin will always be 1 Bitcoin regardless of the FIAT value the markets
trade at.

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?


This is a short term outlook. Not everyone buying at €100k will want to make
short term profits, there will be those who will have a long term outlook.

$100k will not be the ceiling, just the same as $10, $100, $1000 or $10,000 were not
ceilings, Bitcoin broke those and left them far behind in history.

I'm sure a lot of early Bitcoiners could never fathom Bitcoin reaching $10,000 and
staying above it. $100,000 will come and go too.

R


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June 27, 2023, 06:40:14 AM
 #36

Buying bitcoin when the price is rising, this behavior is not really recommended for investors, because when that happens, there will definitely be a lot of bitcoin investors selling the assets they have, and automatically the price of bitcoin will definitely decrease. Even though bitcoin has great potential in terms of price increases, if you buy it at the highest price, the consequences will still be big. So in essence you still have to prioritize analysis and don't buy too quickly just because the price of bitcoin is going up big. However, if this has happened, the only way is to continue to maintain the bitcoin assets that are owned and wait until the bitcoin price reaches the desired price.
Quote
Will the price pass 100k$ next year 2024 for buys to make their gain?
according to my prediction, next year bitcoin will experience a fairly large price increase, because the halving will start next year. But if it is to arrive at a price of $ 100k, in my opinion it will not be reached next year, but most likely in early 2025 this price will be reached or at least close to the $ 100k price. Because as far as I know, when a bitcoin halving occurs, there will usually be a period of time until bitcoin actually reaches its highest price.

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June 27, 2023, 06:44:41 AM
 #37

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?

If this is what people imagine, a lot of people will not invest in cryptocurrency, but based on hope and the little evidence they have gotten from the history of Bitcoin right from its existence, it has proven to be a great investment with a bright future. Now, due to the volatile nature of Bitcoin, nobody can actually predict where the highest limit price will be or either it lowest price.so I believe people that will be buying Bitcoin for $100,000 may have done their own research and bought with hope because of their belief in it.

Quote
Will the price pass 100k$ next year 2024 for buys to make their gain?

The truth is that no one can actually predict the price of Bitcoin, as I always say, but if we look at the history of the price chart carefully, I might say that the price of Bitcoin will pass $100k because, during any halving period, the price of Bitcoin always increases by two times from its formal highest price, but I'm seriously unsure of what will happen this time around.

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June 27, 2023, 06:55:04 AM
 #38

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
Do people only use bitcoin for investments? Tons of people out there use bitcoin as a payment method. So, if I have $30 and want to buy something from a website that also accepts bitcoin payments, I'll use that option, buy $30 worth of bitcoins and make a transaction. Personally, I prefer btc transactions over other payment methods. There are a lot of people who do this, so, for them, the price of coin doesn't matter because all they want is to buy the thing with bitcoin.

To be honest, there are also high portion of people who invest the most when the price reaches ATH and they do it because of fear of missing the chance of making some profit while coin grows but their problem is that they resist to buy it for a long time and only risk when it's the worst idea to risk.

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June 27, 2023, 07:02:09 AM
 #39

Will the price pass 100k$ next year 2024 for buys to make their gain?

As far as I know, people who invest in Bitcoin think that the price of Bitcoin will go up, there are some people who think that they will not sell their Bitcoin until the price goes up, and on the flip side, there are many people who don't. They believe that the price of Bitcoin will fall further, so they sell it at a low price in a hurry. But most people who already know about Bitcoin always benefit.

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June 27, 2023, 07:02:13 AM
 #40

Will the price pass 100k$ next year 2024 for buys to make their gain?
Not sure with that but we're all waiting for it to happen. It could be another one more year before it finally happens but let's just wait patiently.

I think, this isn't going to be different from the past years where people have been saying that Bitcoin is quite expensive and it's hard to buy it because of the price.

The cycle keeps on going on but the difference this time is that the price have increased already. Not different from people used to say that $3k which was the lowest for this era and had been said that it's still expensive and when in the future, $30k is likely the bottom which we're seeing now.

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June 27, 2023, 07:15:04 AM
 #41

It doesn't matter if I buy Bitcoin at $100k because the price will still fluctuate, so I can keep selling it when the price goes higher than I bought it for. What matters is what the average person will do when they buy Bitcoin at the price because so far, people like that panic when the price goes up and down.

Besides that, if the Bitcoin price is at the $100k level, it will experience periods of ups and downs and that means people have to be patiently waiting for the price to go up again. And if they want to be a good investor, they need to have a firm hand in holding Bitcoin until it reaches their desired price target.

Bitcoin price is likely to reach or pass $100k this year, next year, or after 2024. If you can hold Bitcoin until the price increases very much, that means you have a chance to make a big profit.

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June 27, 2023, 07:15:47 AM
 #42

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Bitcoin still not reached 100k till now. We can ask who will buy Bitcoin at his ATH level of price. At that time many of buyers think that it will make a huge bullrun because it has done this several times.
But it can't be a good investment to buy in Bull Season when it's price is already much higher. We can't predict accurately how much volatile it will be. So many users actually do FOMO buying. And they believe Bitcoin and it's potential for the future. We believe we will see Bitcon for more that 200k+ after the next halving which can be predicted from it's history.
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June 27, 2023, 07:21:21 AM
 #43

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

There will always be buyers who buy bitcoins price dosen't matter. Bitcoins supply is limited so you can expect price to go high with time. Lots of people bought bitcoin when it was $20k last year. 
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June 27, 2023, 07:34:32 AM
 #44

Bitcoin is the best in current era. Bitcoin price is 30k$ now. Bitcoin price is expected to be 100k$ in 2024. If bitcoin price is 100k$ then there are many people who are interested to buy bitcoin. If the price of bitcoin goes up then now is the time to buy bitcoin. Because there are many people who will find it difficult to buy 100k$ bitcoin. Because bitcoin is a platform where everyone is willing to invest. We all kno that bitcoin price goes up and down. I think bitcoin will go to 100k$. If you should buy earlier then those who are traders will have more profit.
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June 27, 2023, 07:50:01 AM
 #45

There are still many and varied people and groups out there who are not yet involved in bitcoin, so those who are left behind and over time know and are also interested in buying bitcoin at any price.
this question is the same as when the bitcoin price is $100 does anyone buy if the bitcoin price reaches $1000. But the truth is that more and more are buying and getting involved as its growth and popularity continues to grow.
and because the price of bitcoin reaches $ 1,000 does anyone buy if the price of bitcoin reaches $ 10,000 and the answer is still the same, there are still many who buy bitcoin and so on, so regardless of the price of bitcoin there will still be those who buy, because many people and various groups do not want to be left behind and they will buy bitcoin any price

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June 27, 2023, 07:57:06 AM
 #46

If bitcoin has surpassed $100000, it is better not to buy bitcoin again at that time if you do not want your story to be like those that bought bitcoin at $50000 or above in 2020 and 2021. Such people are losing now but bitcoin will rise again. Before bitcoin will get to those prices, it takes years. If you buy at $100000, probably you might later wait for years before you make profit. Do not join the fomo group, buy now when it is not yet late again.
I agree with you. Many people are just making comments for comment sake, they don't understand the stuff. If Bitcoin reached 100,000,000 dollars and that wiould be the ATH  and before Bitcoin will penetrate that amount for buyers to get gain, it will be more than five years. And we see this clearly in 2021 and 2022. We take precautions from previous occurrences. Base on what I said, giant exchanges were stopped working, companies removed workers even in my country.


-snip

Two types of people:

Those who think like you who think about buying at a certain price trying to guess whether it will go up or down to determine when to sell and will end up getting burned.

Also, those who will buy for the very long term, with money they won't need to spend for years, who know Bitcoin very well and know about the economy and society, believing that it will play a fundamental role in them, more than it does today.

Guess which of the two groups is better to be in.



Poker Player you have been here for about 2 years plus and going to 3 years, and you saw the dramas in the last bull to the bearish market. and you have seen those who bought Bitcoin at the peak in 2021 and became losers in the Bitcoin industry. You only think of the future and individual storage of Bitcoin for a long term hodling. What amount companies, exchange platforms that pay workers? Do you consider those ones?









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June 27, 2023, 08:02:45 AM
 #47

Well there was people buying Bitcoin when it was all time high price of $69k per coin. And there will be people buying when we seen price per coin of $100k. And when Bitcoin is going to be price per coin of $150k more people will also buy.
This is because we do not have to buy a entire Bitcoin. So it makes it more of exciting investment for new investors because they do not need to spend $100k if they want to invest in something new. If you can make profit in something there is always going to be people investing.

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June 27, 2023, 08:04:06 AM
 #48

As long as the volatility of bitcoin remains, there will always be buyers and sellers, people will still trade it as long as they can still make a profit from it. You can look at the gold market, an asset that we usually call a stable asset but which is always trading in the market, even in a much larger volume than bitcoin. That said, it doesn't matter how much Bitcoin costs, as long as it still generates profits for investors, trading will always happen 24/7. When bitcoin hits $100k, we are the ones who will sell them, but we will also be the ones repurchasing them, LOL.

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June 27, 2023, 08:09:17 AM
 #49

When you buy Bitcoin hen the price is 100k$ then...
Which one be Bitcoin hen, again kwanu 🤔?

Quote
What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded.
Anyway, I'm sure this same line of questioning also emanated a few years ago when the early adopters never thought Bitcoin could get to even $1k and they felt those who were supposedly buying high at $50, $100 before it dipped couldn't make back their money, let alone profiting from it. Fast forward to the present, every keen watcher of Bitcoin will tell you that the next bull rally will spike Bitcoin to above $120k. Historical data gives us that assurance. We judge the future by assessing the past. That's what data does.

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June 27, 2023, 08:25:37 AM
 #50

Everyone will be buying bitcoin at that price. Bitcoin is still bitcoin and it can go even higher so these is no point to stop buying it at a high price.

People who DCA do it all the time because they keep buying Bitcoin despite the price.
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June 27, 2023, 08:32:22 AM
 #51

If someone thinks that $100k for 1 Bitcoin is expensive and is afraid that people wont buy it, then there is nothing to worry about, because no one forces to buy one single Bitcoin. A person can always buy  some Satoshi instead. Short answer to OP question - everyone who wants will buy. When we have it today for $30k, then at $100k it wont be as expensive, when someone was able to buy it at $1 and sell it today $30k. This is same as gold. It is expensive, but few buy it in kilograms.

R


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June 27, 2023, 08:45:32 AM
 #52



Nobody can be sure if BTC will be soon be breaching the $100K zone...and if when. However, I am actually looking forward at that time since it would be signaling that cryptocurrency is definitely here to stay and has already taken its place in the mainstream population especially with the big and small investors all around the world. Just like any other investment vehicle, there will always be buys and sellers for as long as there is a good level of liquidity in the marketplace. Now, of course, there will always be winners and losers too as any asset can go high or can go low. There is always that "gambling" side to anything even including the very fiat money you can be holding in your pocket right now. I might not be buying BTC if the price is $100K but don't worry the market for crypto does not revolve around me...just kidding.

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June 27, 2023, 09:05:01 AM
 #53

Even if bitcoin price gets to $100k people will still buy Bitcoin and before the price of Bitcoin will increase to 100k dollars it will be affordable for people to afford it. Their are people that will still buy bitcoin at $100k and I don't think if the price will remain at 100 for long time. The price can still fall back which people will buy low to invest waiting for when it will still go high again. No matter how the price goes high it won't stop people from buying instead it will make people to see how valuable Bitcoin is.
Bitcoin is the best in current era. Bitcoin price is 30k$ now. Bitcoin price is expected to be 100k$ in 2024. If bitcoin price is 100k$ then there are many people who are interested to buy bitcoin. If the price of bitcoin goes up then now is the time to buy bitcoin. Because there are many people who will find it difficult to buy 100k$ bitcoin. Because bitcoin is a platform where everyone is willing to invest. We all kno that bitcoin price goes up and down. I think bitcoin will go to 100k$. If you should buy earlier then those who are traders will have more profit.
The present price of bitcoin is still a good price to buy bitcoin and it will definitely go higher more than in the last bull market in 2021, this is opportunity for investors to buy as much they can afford to buy now against the next bull market coming soon.
I will certainly buy as long as I believe that there is more hype or best future for the crypto specially bitcoin .
have been believing bitcoin for how many years , and till not I am buying everytime that I have enough money to buy and risk.
and also price of bitcoin is not an issue when the adoption finally happens because for sure the price will continue grows year after year.
Those who are much familiar with the Market won't miss the opportunity of acquiring bitcoin. To me I think their is no risk in bitcoin for those who always have it mind to hodl, it can be risky to some people who don't have patience for long-term investment, who are desperate to make profit so quickly.

R


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June 27, 2023, 09:12:44 AM
 #54

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
Your questions about buying bitcoin for $100k look funny when the current price is 4 times lower.

Any reasonable person who buys a bitcoin for $100k will only sell it if there is a profit from it. How much exactly? This will depend on the objectives of the investor. I guess 50%-100% profit would look attractive. But this is not the limit, if hold for a long time.

The price for bitcoin in 2024 is unlikely to exceed $100k. This can happen a little later, after the halving, as it happened, with some time delay. In general, the probability is high, because during the last bullrun the mark of ~$70k was reached.

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June 27, 2023, 09:14:20 AM
 #55

People will buy BTC even if the price is at $100k dollars because BTC is a currency and not only an investment asset, and they don't have to buy 1BTC for $100k because it will be expensive for a lot of people, but they can buy lower amounts or as much as they can afford.
Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
This is not correct, there's no company that went bankrupt last year because they bought BTC. All the centralized exchanges, lending and earning platforms and crypto companies that went bankrupt in recent events, all collapsed because they operate through a fractional reserve system, that is they use the funds they have for gambling, trading, investments or anything that can make them more money, and if the investment fails, they become insolvent and collapse, and it creates a domino effect because many related companies are also exposed to them.
The companies never went bankrupt because they bought BTC at a high price, Bitcoin is something worth holding on to, because it always appreciates, if any company goes down it's something else that's happening behind the scene.

Why hasn't Micheal Saylors company went bankrupt because they have been purchasing Bitcoin for the past years now? That's a lame point, because you really can't lose money with Bitcoin unless you sell your Bitcoin for loss, Bitcoin is not altcoin that loses value and never reach a new all time high again.

If anyone lose money investing in Bitcoin, it's because they don't have the patience, and people like them don't deserve to invest in Bitcoin in the first place.  

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June 27, 2023, 09:34:11 AM
 #56

I don't know what company you are talking about because I did not hear of any company that went bankrupt and folded up their business just because it went down to $15K from $69K. Some companies bought at an all-time high because they expected it to reach 100K that year. But, it didn't. People relied on PlanB's idea and thought their prediction always worked. The truth is; No one can predict the actual market movement. At least not every time.

Now if you ask who buys Bitcoin at All time high, well, whoever accumulates Bitcoin by using the DCA method will always buy Bitcoin no matter what the price of it.

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June 27, 2023, 09:40:19 AM
 #57

Will the price pass 100k$ next year 2024 for buys to make their gain?

I don't know bitcoin price will go up to $100,000 this year or next year. But I'm pretty sure it will happen in the near future. I still remember when in 2017 bitcoin had a price of $2,000 then it went up to $20,000. I thought $20,000 was too much and no one wanted to buy it. But now? The bitcoin price looked very cheap when it fell to $20,000

Initially we see the price of $100,000 is a very high price for bitcoin. But after 5 years, we will get used to seeing the price of bitcoin $ 100,000 or maybe we even thought it was cheap when bitcoin was valued at $ 100,000

One more thing, the possibility of a bitcoin price of $ 100,000 will not happen this year

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June 27, 2023, 09:42:58 AM
Merited by The Sceptical Chymist (3)
 #58

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Please can you show me where its written that when the next bull run start, bitcoin price is not going to exceed $100k? I don't just know why everyone just listen to the prediction that people are making and they will just conclude? Nobody knows the price that bitcoin price will hit in the next bull run, so don't allow anyone deceive you that bitcoin cant exceed $100k. Most of the people making the prediction are not even holding bitcoin.

Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well.
What happen to those companies when bitcoin price was still low, before the last bull run started, bitcoin price went low to around $10k so why didn't they buy? but when bitcoin price was already high everyone wanted to buy so that they will make quick profit, and bitcoin investment is not a place where you will make quick money.

when investing in bitcoin, we all should be prepared to hold for long time, after those companies invested in bitcoin and the price went down, the only thing they can do is to keep on holding and if they cant hold, then they should sell at lost.

Will the price pass 100k$ next year 2024 for buys to make their gain?
Nobody knows when bitcoin price is going to pump and nobody knows the price that bitcoin is going to hit, so don't be surprise that bitcoin price might not pump in 2024 which people are claiming the next bull run is going to start.

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June 27, 2023, 10:19:38 AM
 #59

Bitcoin getting to 100k is even more advertisement for itself. People will think if it can get to 100k then it can get higher. People will always buy because people including myself will believe it will always rise.
When Bitcoin gets to 100k, it won't just stop at 100k, even if somehow it doesn't go higher than that. It can fluctuate between 80k and 90k and that is exactly what is going on today. Bitcoin has been fluctuating between 28k to 30k recently. That is what Bitcoin needs, stability. When Bitcoin is stable it will encourage a lot of people to adopt it and it will be easier to use as a currency and means of payment.

R


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June 27, 2023, 10:52:27 AM
Merited by Chilwell (2), Youngkhngdiddy (2)
 #60

Bitcoin is now  a day to day inclusive assets or funds which is required as the case may be based on mutual agreement or understanding. Sincerely, Bitcoin has created a niche for itself and would definitely be in demand irrespective of the price at any point in time. With this, there would always be buyers and sellers willing and ready to trade on bitcoin as long as the utility value is always available. 

Bitcoin price hitting $100k is a good advantage because that would aid its presence as much in situations of utmost importance. As a volatile assets, one is always advised to trade or deal with caution so as not to be caught up in the dark. To the companies trapped in the price drop,what i would think at this moment is to hold for a long time rather selling at giveaway price as it would mean a big loss for them.

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June 27, 2023, 11:01:47 AM
 #61

Everyone will be buying bitcoin at that price. Bitcoin is still bitcoin and it can go even higher so these is no point to stop buying it at a high price.

People who DCA do it all the time because they keep buying Bitcoin despite the price.
Despite the price bitcoin is bought only because the long term selling price may be good and the profit would be high. The main reason is the long past charts of Bitcoin that show big changes from low price to high price and cycles that happen.

However 100k is a price that practically has not appearer in the market yet but we will have takers at that price - consider if the price remains static at that then this would be common.

Always fractional buying is possible because a Bitcoin is divisible upto 8 decimal spaces. Don't let the price on 1 whole bitcoin intimdate you.

R


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June 27, 2023, 11:09:38 AM
 #62


Will the price pass 100k$ next year 2024 for buys to make their gain?
Yes, No! It is possible for Bitcoin to break above $100k in the future but I don't think it is possible within the the time frame above. Bitcoin has proven itself beyond doubt and people are ready to chip in at any given time. However, gaining is not always guaranteed in every investment and that is the reason it's advisable to invest what you can afford to lose. If you can be patient enough you'll definitely gain just like some one said earlier in this thread that whatever make it to hit $100k will definitely push it above that.

R


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June 27, 2023, 11:32:16 AM
 #63

Will the price pass 100k$ next year 2024 for buys to make their gain?
Hold up a little bit. Let's not get too ahead with ourselves right now. Bitcoin has been doing wonderfully well and surpassing the expectations of a lot of people. No one can accurately predict what will happen or what will not happen with bitcoin's price. While you are speculating that bitcoin may go up to $100k and become stable, in some other quarters, they have said that bitcoin would go up to $1m.

And also, it is not as simplistic as you have explained it. Assuming with your logic bitcoin gets up to $100k and there is no way to sell it and get profit, has it occurred to you that at that time Bitcoin would have many real-life use cases and practical applications than we have today? Yea. There is that possibility too and it is becoming more and more evident by the day.

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June 27, 2023, 11:34:41 AM
 #64

-snip-
However 100k is a price that practically has not appearer in the market yet but we will have takers at that price - consider if the price remains static at that then this would be common.

Buyers will always be there at any price, because those who buy are not only long-term holders but they are traders who take advantage of any price fluctuations.

Questions like this were also asked when the Bitcoin price was still below $10k, and the question of who would buy Bitcoin at $30k, $50k, $60k, of course, the question has been answered.
In any condition, the price of Bitcoin will remain the same there are buyers and sellers.

But for those who buy for the long-term there will be targets that need to be achieved, buying at a cheap price is the main goal.
Then look at the current Bitcoin price is still quite cheap because of the -50% decline from the last ATH price in the $60k price area.
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June 27, 2023, 11:56:38 AM
 #65

Bitcoin now very trusted crypto-currency. I think people get faith on it. So price is not fact. If Bitcoin price were not only $100k if it’s price were $1 million then also people buy bitcoin. I think day by day Bitcoins users are increasing. Bitcoin price increasing but also users increasing. When bitcoin price was $500-$1000 then also people buy and trade bitcoin now it’s price $30k+ still people buying and using Bitcoin. In many cases it’s use increased incredibly. And it’s usability increasing day by day so people will buy Bitcoin Price anyway. Because people know Bitcoin's total amount is limited and it’s usability increasing. So it’s price will increase. So who are smart investor they are buying in deep and holding for long time. End of the day my opinion Bitcoin's price anyway people will but and sell all time there has no doubt.

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June 27, 2023, 01:16:36 PM
 #66

Bitcoin now very trusted crypto-currency. I think people get faith on it. So price is not fact. If Bitcoin price were not only $100k if it’s price were $1 million then also people buy bitcoin. I think day by day Bitcoins users are increasing. Bitcoin price increasing but also users increasing. When bitcoin price was $500-$1000 then also people buy and trade bitcoin now it’s price $30k+ still people buying and using Bitcoin. In many cases it’s use increased incredibly. And it’s usability increasing day by day so people will buy Bitcoin Price anyway. Because people know Bitcoin's total amount is limited and it’s usability increasing. So it’s price will increase. So who are smart investor they are buying in deep and holding for long time. End of the day my opinion Bitcoin's price anyway people will but and sell all time there has no doubt.

I think the use of bitcoin is not very significant. However, people see the growth in the price of bitcoin, which always hits new ATH, so many people see bitcoin as an asset that is worth owning. Public trust has increased to such an extent that in data bitcoin controls the crypto market up to 48%

The market depression that occurred several times did not make bitcoin lose its community, instead it grew and the value of bitcoin was getting better. This week's growth has also been very good. Global market conditions that will be hit by Greedflation will trigger investors to switch to crypto assets. I think bitcoin's new ATH will be reached. And if bitcoin reaches a new ATH, then it will be above $100,000

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June 27, 2023, 01:52:23 PM
 #67

There will always be buyers, no matter the price of Bitcoin. Even if Bitcoin is 1 bitcoin to 1 million dollars, people will still buy and hold.
 
You know why; this is as a result of the belief that whatever makes it hit the $100k price will definitely make it climb higher than that. So far as Bitcoin doesn't have a maximum limit to which it can't exceed, we will always have people that will buy and hold at any point in time.
 

When the Bitcoin will go beyond 100,000$ there will be a lot of hype in the media and I think that at that time many new investors and retailers will jump in, knowing that it is the future digital currency and survival without is not possible.
As the bitcoin adoption will increase, the price plus the number of bitcoin holders and users will increase too. The good thing for bitcoin is that its supply is limited and therefore the exponential rise in the price is very much possible.

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June 27, 2023, 03:11:20 PM
 #68

It is very difficult to say because no one can say how far bitcoin price can go but many big crypto investors are thinking that bitcoin price will touch 100k but it is just an idea so all investors should invest and like money they should invest that lose.  No harm will come to him though

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June 27, 2023, 05:31:17 PM
 #69

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
I do not know which companies you are talking about but let me assure you, no one is that dumb to make such an assumption that buying at high will make them rich because the technical and fundamental analysis is already been done by them and they have all the idea of how much market will move, but what they do is, intentionally take steps to declared as bankruptcy so that they could avoid taxes (of course to no fully but partially). I might be wrong as this is my assumption.

Now coming back to your reply, that currently, everyone's mindset is BTC will cross $100k and range between $100k to $120k at the top. So, how did this idea create in our minds, this is where market sentiments had played their role and implemented this idea in our minds. So almost 80% are sure of this idea so they are planning to book their profits when the market will cross $100k, and 90% of the market is holding and accumulating BTC now. (these stats of percentage are predicted by me, according to a few past knowledge i have this might be proved wrong as i also do not have solid proof).

The point is, there will be newbies and will be those who will fall prey to market sentiments, who will buy BTC at that rate of $100k well, there will be many people who will short BTC at the price of $100k and did they also came into the category of people who bought BTC at $100k well if yes then they are not dumb ones.

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June 27, 2023, 05:45:48 PM
 #70

It is very difficult to say because no one can say how far bitcoin price can go but many big crypto investors are thinking that bitcoin price will touch 100k but it is just an idea so all investors should invest and like money they should invest that lose.  No harm will come to him though
Predicting bitcoin to hit $100k is very possible, afterall the project has made good moves in the past, I don't see anything that would hold it down. We have investors who are ready go hit the market and stack up their portfolio with pieces of bitcoin. We have top whales in the market, their trade position can single handedly control the market into another dimension. Bitcoin have the necessary popularity and its capable to overcome other projects in the market. When bitcoin clocks $100k, there's full probability that it will exceeds that price level and move further, that period, investors triggered their entries and make sure to hold on until it hits their potential targets.



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June 27, 2023, 06:01:55 PM
 #71

People who can't stand seeing Bitcoin dumping will join when the price is skyrocketing, and they are always fine with a 1x gain, some people thinks that if Bitcoin hit 100k then 150k is the next bustop, this are normal ways that investors think.

Only the smartest investors know that getting into investment when nobody wants them is the best way to make the best ROI off your investment, and also there will be a lot of FOMO when Bitcoin is topping every asset in the world, so many newbies who have given up when the bears took over will FOMO into Bitcoin again.

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June 27, 2023, 06:14:27 PM
 #72

Who Buys Bitcoin When The Price is 100k$?

Certainly, buying and selling are common activities of  any market including crypto currencies market. Traders and investors participate in both bull and bear market adapting their strategies. Many investors may choose to buy Bitcoin at $100,000 or even more, hoping that its price will continue rising and they will make good profit on their investment.

The future price of Bitcoin after reaching milestone of $100,000, will Largey depend on the market sentiment prevailing at that particular moment.









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June 27, 2023, 06:15:46 PM
 #73

That is a good question, and that's why I say bitcoin is a financial game where there will always be buy and sell, and there will always be winners and losers. But many people mistakenly think that bitcoin will go up on its own and all bitcoin investors will win. Even if bitcoin hits $1 million, there will still be buyers as market makers will always know how to make many investors believe that bitcoin will reach even higher prices in the future.

When it comes to finance, we need to think of it as a battlefield, and there will be winners and losers. No property or game can bring wealth to all players.

Correct. There would always be people on opposite sides of the Bitcoin trade. Bitcoin even makes it possible in the sense that, we are allowed to transact even smaller denominations of Bitcoin - I think this would play a key role especially when the price of Bitcoin grows exponentially that the average person is not buyout enough to buy a 1 Bitcoin, in such a situation, satoshis will suffice. There are a number of factors that could make Bitcoin surge to $1M in the coming years. That price level has been talked about countless times, so I reckon one day, that would be the reality.

People who can't stand seeing Bitcoin dumping will join when the price is skyrocketing, and they are always fine with a 1x gain, some people thinks that if Bitcoin hit 100k then 150k is the next bustop, this are normal ways that investors think.

Only the smartest investors know that getting into investment when nobody wants them is the best way to make the best ROI off your investment, and also there will be a lot of FOMO when Bitcoin is topping every asset in the world, so many newbies who have given up when the bears
took over will FOMO into Bitcoin again.

Bitcoin has consistently rewarded those who have held through the bear market or market downturn periods. Time and time again, I have experienced this happen. Safe to say, it's normal for people to give into bearish sentiments when those times come.

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June 27, 2023, 06:37:47 PM
 #74

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
It’s good we aren’t there yet but we would get to $100k per BTC and trust me, the price isn’t going to end at that and i can’t speculate on what price that would be good enough for a limited commodity like we have in bitcoin. Even more rear than endangered animal species as these animals could have a chance of being reproduced but that ain’t the case for bitcoin (forgive me having to draw that analogy as they don’t really match but, we get the point at least).

If you can conceive the idea that bitcoin won’t see its last price at $100k, then there are a whole lot of others to buy. The world is big enough for it.

R


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June 27, 2023, 06:53:37 PM
 #75

@op, you possibly do not understand how the price of bitcoin moves or works, in 2017, several people never thought or believed that the price of bitcoin will reach $19,500 from below or a little above $1000 bitcoin began the year with., but in our very faces, bitcoin reached that amount.

In 2021, several people never believed that bitcoin will reach and even go above $65,000, but in our very faces, it happened, now the next target is $100,000, and several persons are not believing it's possible for bitcoin to reach that amount, or like you asked, who will buy bitcoin at such a price, there are many, several people who will gladly buy bitcoin at such a price of $100,000, bitcoin wil reach that about and go above it in due time , so be patient and watch, and if you have the money to invest, then make sure not to miss out.

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June 27, 2023, 07:07:29 PM
 #76

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
There would still be short-term gains at that point even if we assume that Bitcoin will be at 100k. We can't even assume that 100k is the tops anyway.
Who knows if 1M is the top price....right? Cheesy

And nah, loser in the business? You gotta be kidding me. If you meant by merchants using crypto, I am pretty sure that even merchants outside crypto aren't "losers" in the business. Smiley

If it would be the time that Bitcoin will never exceed more at that point like stabilizing around 105k, then that's the time that it's preferable for trading.
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June 27, 2023, 07:18:13 PM
 #77

First of all reaching to 100k$ in price bitcoin will take time because now it is more lower than the mentioned price. I think that buying at higher price is not a good idea but instead of buying we have to sell our bitcoin because of our increased profit.

I think after many years the price of bitcoin will be 100k$ like that of in previous years where the price was lower as compared to the current price so there will be no issue for buyers to buy bitcoin as the years passes so each and everything enhances in price and go towards more success stage.









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June 27, 2023, 07:46:38 PM
 #78

Fortunately, this limited vision is for a few, no asset stops winning or losing, it is the essential variable.

Depending on the individual, the market will help them earn $0.01 using the traditional decimal system, but if we use BTC, they would have earn 1 Sat.

Connsequently the same idea works for your thoughts of the price in USD, today (Or 2024, etc)

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June 27, 2023, 07:55:30 PM
 #79

$100,000 is nothing, it’s only just over 3 x from here. You don’t have to own 1BTC remember, you can buy fractions of a bitcoin, it’s about preserving your wealth & avoiding inflation. Bitcoin does a very good job of this, there will be many, many people buying bitcoin in the millions of dollar range, there is no doubt.

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June 27, 2023, 08:11:00 PM
 #80

Buyers will be buyers no matter the price point. You have to consider that bitcoin in the past was worth less than a dollar and if you're going to look at bitcoin now at 30k, it's much more justifiable if people were to not buy from this price point, since 30k to 100k is just a mere 3x the price whilst the former is a much larger number if you'll think about it, and yet they still do, people still invest in bitcoin and buy it for reasons. It's just how the market goes and bitcoin will always receive support from people no matter the market situation or the general confidence of people in the cryptocurrency industry. You also have to take into account that beyond people who wanted a quick profit in this industry, there are those who invest in bitcoin to save the valuation of their riches, regardless of how much the price of a bitcoin is, they are still technically buying bitcoin.
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June 27, 2023, 08:18:50 PM
 #81

Who Buys Bitcoin When The Price is 100k$?

He who believes that bitcoin will hit $1m will by @$100k.
Ironically, El Salvador did...

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June 27, 2023, 08:22:24 PM
 #82

~snip~

I've been trying so hard to break this down to a level where I could easily understand it, but it still seems very difficult for me to do that.
But if I understood you correctly, you mean the price of Bitcoin is valued based on the amount a miner is willing to spend to mine one Bitcoin. That's to say, if it costs a miner $1000 to successfully mine a bitcoin and get 1 Bitcoin as reward, the bitcoin price can't go above $1000, $1100, or $1500, as the case may be. Unless the miners increase their expectations and the value and amount they are willing to spend on mining, If they decide not to spend more, then the window will always be on their average budget.

If that's correct, then you are typically saying the price limit to which Bitcoin could be sold is based on what the miners decide or what it costs the miners to successfully mine Bitcoin.

R


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June 27, 2023, 08:35:13 PM
Last edit: June 27, 2023, 08:45:53 PM by Sayeds56
 #83

I think after many years the price of bitcoin will be 100k$ like that of in previous years where the price was lower as compared to the current price so there will be no issue for buyers to buy bitcoin as the years passes so each and everything enhances in price and go towards more success stage.

While it is very challenging to predict future price of Bitcoin, however given the historical price trends and prevailing situation in crypto market, we can Imagin that next halving, which is scheduled in in mid of year 2024, can possibly create bullish sentiment in the market due to reduced block reward for miners, resulting in reduced supply of Bitcoins. This scarcity of supply can potentially trigger price of Bitcoin to $100,000. Please note that this is a speculative projection and should be approached with caution.









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June 27, 2023, 08:35:29 PM
 #84

The logic is quite straightforward: in order to profit from your investment, you need to consider the potential for profits when Bitcoin surpasses $100,000. When this milestone is reached, the price of Bitcoin is expected to become more volatile. This volatility presents an opportunity for you to take advantage of price fluctuations.

Currently, the price of Bitcoin moves in smaller increments, such as $10 or $20. However, once it surpasses $100,000, the price movements are likely to increase to $100 or $200 per step. Consequently, regardless of the price at which you initially purchased Bitcoin, you can still capitalize on the volatility and make gains.

In summary, by recognizing the potential for increased volatility beyond $100,000, you can leverage these larger price fluctuations to your advantage, irrespective of your entry point.

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June 27, 2023, 09:40:05 PM
 #85

I believe that some people, including myself think that Bitcoin's value will increase alot in the coming years. In my opinion it's always worth considering purchasing Bitcoin as there is a good chance of making a profit at some point.
~snip~
Will the price pass 100k$ next year 2024 for buys to make their gain?
I don't think it will exceed $100k in the next year to be honest, It may need more time perhaps 2-3 years for Bitcoin's price to reach that peak.
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June 27, 2023, 09:56:37 PM
Last edit: June 28, 2023, 09:30:07 PM by chigo
 #86

bitcoin has not touched the price of $ 100k, but of the 7 billion people on earth there will always be those who buy bitcoin in any way (buy from exchange or P2P). bitcoin has become one of the most important investment assets in the world, so it doesn't matter what the current price is, people will continue to appear to buy bitcoin (whether they are traders, investors or just curious beginners).

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June 27, 2023, 10:33:30 PM
 #87

As long as bitcoin are traded and use cases exist - that's how long they remain in price. You're worried about volatility - but that's basically what risk is. There will always be people buying above $100k - maybe even over $500k if one day the bitcoin price hits that ATH.

The same question some people may have asked in the early days of bitcoin - who would buy bitcoin above $50k?
But look at the facts - losses and gains are a consequence of the risk you consider, so don't worry too much about it. In any case, bitcoin has a bright future and its real use cases will continue to increase. If one or two companies went bankrupt investing - then maybe they've made a mistake or two.

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June 27, 2023, 11:12:00 PM
 #88

In the year 2024, the much-anticipated halving event will take place, and it is believed by many that in 2025, the All-Time High (ATH) will occur. This belief is based on the notion that after the halving, there will be a surge in prices. However, there is no guarantee that this cycle will repeat itself in 2024.

I do not deny this cycle, but I am not going all-in during this phase. Adverse possibilities can still arise at any moment, so I must remain cautious in case Bitcoin fails to reach $100K in 2024.
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June 27, 2023, 11:41:10 PM
 #89

Who Buys Bitcoin When The Price is 100k$?

He who believes that bitcoin will hit $1m will by @$100k.
Ironically, El Salvador did...
Well, not really at $100k, though. But yeah they bought very high, riding on one of the top-waves of that cycle's hype-train.
In a decade these prices will seem very cheap.

As long as Bitcoin offers what it offers now, which is no-where else to be found, there will be demand for Bitcoin. As economies and goverments fail, demand will rise.
But there are also less dramatic reason for Bitcoin to flourish, almost idependently of its market price. One of the latest may be the ARK-protocol. A lightning-network related idea, that yet needs to be fully implemented but will avoid some of the difficulties of Lightning and adding some amazing upside at the same time.
And quite possibly there will be other technical advances, keeping Bitcoin by far in the spot for world-leading-cryptocurrency.

Get educated about Bitcoin. Check out Andreas Antonopoulos on Youtube. An old but gold talk: https://www.youtube.com/watch?v=rc744Z9IjhY

Daniel Schmachtenberger on The Meta-Crisis: https://www.youtube.com/watch?v=4kBoLVvoqVY&t=288s One of the most important talks about the current state of this planet. Go check it out.
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June 28, 2023, 12:01:29 AM
 #90

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate.
I think that in a certain way we can compare the $100k to the $1k and $10k: they are all psychological numbers that could stop some people from buying, and many others would be willing to sell. But it's impossible to predict what will happen, back in 2017, when BTC reached $10k for the very first time, in a few weeks was almost at $20k so who knows how many people sold at approx $10k and then, because of the fomo, bought back at $13-15-18k? And then it dropped again to $3,500 so probably many lost money twice.

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June 28, 2023, 12:02:34 AM
 #91

I'm not sure if there are many companies that accumulate Bitcoin at the ATH price years ago and later sell when the price drop but since there are no companies that file for bankruptcy then, I think the statement is just a prediction of some people.
The only bankrupt company that's into crypto we hear about is the Silicon Valley Bank.
Having said that it is important for institutional investors, companies, or individuals that want to invest in crypto to learn the basics because when the market is in panic is the best time to invest not when there's bullish.

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June 28, 2023, 01:55:41 AM
 #92

Those who invested and held when Bitcoin's price peaked are now in dire straits. When Bitcoin hit its record high but people were more inclined towards Bitcoin only for investment. But if they didn't know the price of Bitcoin would fall into such a bear market, they would have sold it immediately. But they invested in bitcoin then people thought bitcoin price would reach $100k but it didn't but the market price dumped the price. But according to 2024, if bitcoin is invested now then maximum profit is possible. There is no doubt that Bitcoin will be worth $100k, but when it hits, people will still invest heavily. They will invest and hold for later.When the market rises to $100k, investors will convert their money into Bitcoin and keep it for the future. If the Bitcoin market touches $100k, there will definitely be a next halving at $200k and investors will invest from that position.

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June 28, 2023, 01:56:36 AM
 #93

In the year 2024, the much-anticipated halving event will take place, and it is believed by many that in 2025, the All-Time High (ATH) will occur. This belief is based on the notion that after the halving, there will be a surge in prices. However, there is no guarantee that this cycle will repeat itself in 2024.

I do not deny this cycle, but I am not going all-in during this phase. Adverse possibilities can still arise at any moment, so I must remain cautious in case Bitcoin fails to reach $100K in 2024.


Some people have thought about this as well, when everyone knows bitcoin will go up in price after the halving and everyone will sell bitcoin, who will buy all bitcoin at that high price? I've been thinking about this too, and I don't want to bet everything on the next halving either.
I mean, bitcoin will still hit $100k, but things are getting too easy, so there will likely be changes to make it more unpredictable and attractive. If we do a small survey on the halving, I believe that 99.9% of investors have high expectations and are very confident that the price will definitely rise. That makes me more cautious than Fomo following the crowd.

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June 28, 2023, 04:34:34 AM
 #94

Will the price pass 100k$ next year 2024 for buys to make their gain?

As far as I know, people who invest in Bitcoin think that the price of Bitcoin will go up, there are some people who think that they will not sell their Bitcoin until the price goes up, and on the flip side, there are many people who don't. They believe that the price of Bitcoin will fall further, so they sell it at a low price in a hurry. But most people who already know about Bitcoin always benefit.

The point is like this, in my opinion, not everyone who knows about Bitcoin will definitely be profitable in trading. Now. the reason is that everyone has a different strategy and approach, be it an investor or an institution, because it is clear that there are certain risks ahead, and what has been successful in the past may not necessarily be successful in the future.

Why people always do their calculations when entering the market is nothing but the price can change quickly due to negative market sentiment issues, FUD news, or from influential people for example, tomorrow 29.06.2023, 06:30 UTC — Fed Chair Powell Speech. even though rapid price fluctuations don't always describe the true value of Bitcoin, you know.

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June 28, 2023, 06:10:15 AM
 #95

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

Much is expected of such a Bitcoin price next year. Why do you think all Bitcoin holdings will sell their bitcoin holdings? The answer is probably mostly Yes they will sell. But there are still those who will buy bitcoin even if a Bitcoin is 100k$ or the other holders will still remain in the holding thinking that bitcoin will increase even more than that.

If it happens that the majority of Bitcoin holders including the whale holders will sell, the value of Bitcoin will surely drop again after it reaches 100k$ each, what do you think?



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June 28, 2023, 06:26:53 AM
 #96

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
If you buy at $100k then you have to sell it at a higher price to profit. That's the way to gain from your investment, in addition you need a long patience. But why would you wait for an expensive price to buy if you can do it now while the price is much cheaper?

Will the price pass 100k$ next year 2024 for buys to make their gain?
There's always a possibility to surpass a $100k price. However we can't certainly predict when it might happen so we just need to wait and be firm when it comes to holding.

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June 28, 2023, 06:44:19 AM
 #97

I think this is what scares anybody outside the bitcoin circle thinking you have to buy a whole bitcoin when in fact not!!!

If anything with crypto it's based on how much you want, a dollar, $5, $100 you name it it's all about how much you want or can afford...think of this as being a buffet, you can eat whatever you like but only get what you will be able to finish  Tongue

So who buys when the price is 100k$?? It's still going to be us, the same way it's priced at $30k or it was priced at $70k we shall still buy but of course is someone wants to buy 10000 bitcoins this person is considered a whale!!

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June 28, 2023, 06:54:10 AM
 #98

There will always be buyers and sellers of Bitcoin.

The $100k price you called might be a stable price by then where the coin might stay for a very long period of time. Just that it would be scary for someone to think anyone could buy and hold Bitcoin at its present price when it was still at about $1.

The feeling is often hesitant but when it's the reality, everyone would accommodate it just as they do now.

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June 28, 2023, 07:08:07 AM
 #99

Will the price pass 100k$ next year 2024 for buys to make their gain?

That is a really good question, because I think that many of the long term Bitcoin holders have set a specific goal in their minds at which they would start thinking about selling their coins. 100,000 USD seems like the first major milestone where some of the older investors who are holding bitcoins for years would consider selling some of their coins. Personally I had planned to sell 10% of my coins when we reach a new ATH above 100k to buy something nice for me and my family. The question is of course, who would buy all these coins then and can the price maintain a such high levels. If all of sudden the exchanges get flooded with sell orders then the price should drop considerably. The only solution would be if the future outlook for Bitcoin is so strong that investors would expect to rise much higher in a short period of time. Then there could be some larger corporations trying to acquire more Bitcoins leading to strong upward pressure in the market.
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June 28, 2023, 07:10:29 AM
 #100

Somehow its a silly discussion that still goes on for pages and pages. It is the same with any asset. People will buy it if they see a use in it. A use could be that you want to send bitcoin to somebody and buy it therefore and it could also be that you want to speculate on rising prices.
In general people 5 years ago would also not understand who would buy bitcoin for 30.000 USD, yet here we are and people consider these prices as cheap.
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June 28, 2023, 07:26:20 AM
 #101

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

I guess that two types of traders would buy at 100K USD.
1.The people, who believe that the price would go to 150-200K or a million USD. Grin I'm sure that there will be such investors, when BTC hits 100K. Maybe most of them will lose their money.
2.The traders, who want to do shorting and benefit from a price drop, A.K.A "the bears" on the market. It would be nice if they short their BTC at 100K and sell the BTC at 100k when the Bitcoin price had dropped down to 50K or lower. This is still a pretty nice profit.
Anyway, I'm one of the people, who think that Bitcoin would never reach 100K. Even the biggest price pump in Bitcoin's history won't push the price above 70-80K USD.

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June 28, 2023, 07:27:12 AM
 #102

I personally might not dare to buy when the price has reached 100k. But instead I will do a gradual sale from that level. And in 2024 I don't think bitcoin will touch that number. realistically maybe $60k is still possible. And usually after the Bitcoin Halving occurs, it takes about 1 year for Bitcoin to get its new ATH. Well maybe at that time 100k can be reached. but after that maybe the price will slowly fall back to 60k .and back and forth there. and maybe it will exceed 100k after the 2028 halving. And at that time I think there will be many who will dare to buy at that price. because the next goal may be far above 100k. Even 10 years ago, no one would have dared to pay the current price. but now people think buying at current level is normal.
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June 28, 2023, 08:52:15 AM
 #103

Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
When demand and supply are still happening in the journey of bitcoin, for a price of $ 100k to $ 200k it's not a big problem and it's only a matter of time because we never know for the next few years bitcoin will settle at what price. But when you have been in bitcoin for a long time, then try to study the process of the previous bitcoin journey and at the previous ATH it almost touched $100k, that means the closest price for the next ATH is above $100k and this is an analytical calculation based on every time bitcoin reaches ATH.

The problem is we never know when the price of $ 200k will be seen and I don't think it will happen in the near future, because before the price exceeds $ 200k bitcoin must be at $ 100k. So need to look at things more rationally and is the closest support bitcoin can afford to break and not have to worry about who's going to buy bitcoin when it hits $100k or $200k.

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June 28, 2023, 08:54:21 AM
 #104

✂️
Anyway, I'm one of the people, who think that Bitcoin would never reach 100K. Even the biggest price pump in Bitcoin's history won't push the price above 70-80K USD.
Why are you so pessimistic about the future of bitcoin? You are not one of those people, you are the only one I see who has no faith in bitcoin hitting $100k while we are so close to it. On the contrary, I think it is not too difficult for bitcoin to hit $100k and even $150k or $200k for the next bull season. But when it comes to predicting in a more distant future that bitcoin could hit $1 million, it makes me doubtful. Everything has its limit, and bitcoin is no exception, bitcoin cannot increase in price forever.

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June 28, 2023, 10:48:46 AM
 #105

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
I expect that in the period 2024-2025 the price will reach 100k and possibly even exceed it, but for me it will be a profit-taking period, not a time to buy, the reasons for this seem obvious to me.

I think this is reasonable because there is a perception that the next cycles can increase significantly, so subsequent bear markets can increase significantly. New markets, new technologies are always opened with great volatility, but over time, when liquidity and volumes increase, volatility decreases. I'm not sure if this will happen in the next cycle, but I'm guessing it's can happen in the future, maybe in the near future.
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June 28, 2023, 11:33:29 AM
 #106

The traders will obviously buy it because they're don't really care in which price they buy, as long as their analysis and speculation Bitcoin price will increase higher than the amount they buy, there's no problem for them to buy Bitcoin at $100K.

However investors will keep buy too because some of them use DCA strategy, they're speculate the real Bitcoin price isn't $100K at the highest, $100K is just a milestone and not their goals during they invest in Bitcoin.

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June 28, 2023, 11:39:49 AM
 #107

Will the price pass 100k$ next year 2024 for buys to make their gain?
there's nothing that the Bitcoin price will pump up at the price you mentioned. but each holder has their own ambitions and plans as to what Bitcoin price they should trade. because holders probably don't want to regret it when they miss ATH again. everyone is still optimistic about it, but they certainly don't forget to think realistically that the investment they make in Bitcoin may take a longer time frame than what they planned.
for next year, maybe too short. we need more time.



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June 28, 2023, 12:04:31 PM
 #108

There are big and small investors even if btc will reach the price of 300k$ there are still investors that can afford to buy it, we have a different status on life even if we think that it is hard to buy on that price but there are still investors that can buy it. Just like what happen on the last bull season when btc rise up to 60k$ there are still buyer that buy it even if that was high already.


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June 28, 2023, 12:04:54 PM
 #109

The traders will obviously buy it because they're don't really care in which price they buy, as long as their analysis and speculation Bitcoin price will increase higher than the amount they buy, there's no problem for them to buy Bitcoin at $100K.

However investors will keep buy too because some of them use DCA strategy, they're speculate the real Bitcoin price isn't $100K at the highest, $100K is just a milestone and not their goals during they invest in Bitcoin.

Yes, traders will buy bitcoin, they hardly care about its price, what they care about is volatility. As long as there is volatility, they can profit from it. As for investors, it will depend on each person's vision. Those who still believe bitcoin has an upside potential above $100k will still buy bitcoin when it hits that price, or new investors without bitcoin will buy at that price. But in my opinion, it would be unwise if someone buys bitcoin for $100k, it's the right time to take a profit.

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June 28, 2023, 12:54:41 PM
 #110

People will buy Bitcoin even after the price of Bitcoin reaches $100k because then Bitcoin will have a target to cross $200k and also investors will buy Bitcoin to invest in various places and gamblers will buy it to gamble. Some will buy for trading and some will buy for some other purpose. and even if the price of Bitcoin exceeds $1 million dollars, no one will stop buying it. Because Bitcoin is an asset whose need will never end. like fiat money. So it's silly to question who will buy Bitcoin once it hits $100k



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June 28, 2023, 01:16:35 PM
 #111

I don't think it will exceed $100k in the next year to be honest, It may need more time perhaps 2-3 years for Bitcoin's price to reach that peak.
It's kinda a long shot if we would except Bitcoin to exceed $100k next year although I am not pretending to not see that it is still possible. If Bitcoin going past 60k was even unexpected for me back when Elon Musk was kinda like a hot topic here in the forum.

Again, we might not know in the next 2-3 years on how much can Bitcoin do before, during and after those years.

People will buy Bitcoin even after the price of Bitcoin reaches $100k because then Bitcoin will have a target to cross $200k and also investors will buy Bitcoin to invest in various places and gamblers will buy it to gamble. Some will buy for trading and some will buy for some other purpose. and even if the price of Bitcoin exceeds $1 million dollars, no one will stop buying it. Because Bitcoin is an asset whose need will never end. like fiat money. So it's silly to question who will buy Bitcoin once it hits $100k
Surely pre-100k, people would be panic buying at that point already. $100k is a lot here in my country.
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June 28, 2023, 01:21:47 PM
 #112

It's kinda a long shot if we would except Bitcoin to exceed $100k next year although I am not pretending to not see that it is still possible. If Bitcoin going past 60k was even unexpected for me back when Elon Musk was kinda like a hot topic here in the forum.

Again, we might not know in the next 2-3 years on how much can Bitcoin do before, during and after those years.
If Bitcoin breaks $60,000 and makes a new all time high in 2024 or 2025 but fails to reach $100,000, it will in a next halving in 2028 or 2032. I really believe that $100,000 is not a too high and untouchable price for Bitcoin.

It's only time and the challenge for us is will we have enough patience to hold our bitcoin. Will we keep our bitcoin and won't sell it to buy altcoins?

Elon Musk, I don't care about him.

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June 28, 2023, 03:18:13 PM
 #113

Bitcoin is also just a speculative asset and cryptocurrency is a financial market, so there will always be trading in the market and it will never stop.  surely everyone on this forum will sell bitcoin when it hits 100k because this is the goal of many people, but besides that, many other people, especially newbies will believe that bitcoin will reach 200k, and they will buy our bitcoins.  there will always be positive news creating Fomo waves to make more people have higher faith in bitcoin, and there will always be Fuds to get more people to dump their bitcoins, that's how the market works.

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June 28, 2023, 07:53:31 PM
 #114

Well I guess there would be lees people byuing it. But it still would be there. Like different currencies now

I don't understand what you mean by this. Do you mean there will be a lesser number of people who will be willing to buy Bitcoin at whatever price it might appear to be today?
 
If that's what you mean, I will have to disagree with you to a certain level. I believe the Bitcoin demand is not calculated based on the price level; demand is one of the things that actually help the Bitcoin price to grow, and as such, when the demand has increased, which will help the price to pump to $100k, the same demand will still have to sustain the price for the main time, and as such, there will be people ready to buy at that same level. It's after some time that I think the price might try to readjust, and only then will I think most people wait to see to what length it will dip before they can go back into the market.

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June 28, 2023, 09:25:00 PM
 #115

The answer is easy: those who don't have it yet.
At every single price point there were people who had bitcoin and decided to sell it to buy things they needed and people who did not have it and wanted to begin their journey with bitcoin.
Imagine that when bitcoin was at $1 people were talking about a possibility of $100 and wondering who would buy at this price knowing it went 100x in a year or two.
Then there were people who bought at 100 and were wondering who would buy it from them at 1000. Now we're wondering who will buy from us at 100k. Funny, isn't it?

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June 28, 2023, 09:50:43 PM
 #116

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
If you believe Bitcoin will hit $100k, you must buy while the price is lower than the stated price. It's fairly risky to acquire Bitcoin while the price is already at its top, while it may attract a large number of new investors, many early buyers will sell because they have already gained. We all know that there is always a buyer, but do you believe they are going to win against the sellers? Not always, but most of the time, when the price is at its highest point, we see it fall.

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June 28, 2023, 09:56:13 PM
Last edit: June 28, 2023, 10:55:51 PM by AmoreJaz
 #117

The answer is easy: those who don't have it yet.
At every single price point there were people who had bitcoin and decided to sell it to buy things they needed and people who did not have it and wanted to begin their journey with bitcoin.
Imagine that when bitcoin was at $1 people were talking about a possibility of $100 and wondering who would buy at this price knowing it went 100x in a year or two.
Then there were people who bought at 100 and were wondering who would buy it from them at 1000. Now we're wondering who will buy from us at 100k. Funny, isn't it?

that is true, the discussion is just a cycle here in the market. there will always be a buyer at any price level. because without a buyer, it means, there's no demand. and the market will be dead if that happens.
people should think that the people who are into this market come and go, so long this market exists, there will always be buyers and sellers. worry if no one is talking anymore about this market, it means this is dead.

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June 28, 2023, 10:05:49 PM
 #118

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
Really hard to make out some assumptions for the price wouldnt really be able to surpass 100k point but well there's no way on knowing on how the market would be behaving on next years or months to come. If ever we wouldnt really be hitting something that high or able to break out that resistance when the bull run happens then there's something wrong with the current recognition or demand with Bitcoin or the entire crypto space. We cant really make out some conclusions that we are really taking those bull run events happened in the past on which it did really hit out those high multipliers.

Who would really be buying @100k? For sure there are considering that there are rumors and sayings that we might be reaching up 300k on which it might really be that not so easy to make out
decisions even if you do have the money on buying into that point but since you've been aware on how this market works then this is whether your trust would really be intact or
you would already be having those doubts.

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June 29, 2023, 03:48:38 PM
 #119

Will the price pass 100k$ next year 2024 for buys to make their gain?

I know that Bitcoin price cannot be correctly predicted; we only live on speculation and assumptions of what we think the price should be so that we can make a profit, but truth be told, Bitcoin price has never been 100% accurate based on speculation. Although I want Bitcoin to reach $100k in the next bull run after or before the halving period because it's going to be a good payoff profit for my investment, even if it doesn't get to $100k, we still keep hope alive and keep holding. Perhaps @franky1 said he has been holding his Bitcoin for about 10 years now and am not even up to six years of holding, so I just think we should keep hope alive and hold. Also, it's not very wise to invest all your funds at once when the price of Bitcoin is very high; rather, investors can use DCA to accumulate slowly. Even if Bitcoin gets to $100k today, I would not be in a rush to buy and hope that it will get to $150k so I can sell. No, if it gets to $100k today, there is definitely a possibility that it will still fall back to $50k or $60k. An example is that it spiked to $68k, and many people were thinking it would keep going, but they got disappointed because most of them never believed that it was even going to drop below 20k, but it did drop even below $18k in 2022, while it had a very strong bull run 2021. So, whoever is investing in Bitcoin just needs to apply wisdom and also invest what they can afford to risk. An example is those companies you talked about that went bankrupt after their Bitcoin investments did not go as planned. Perhaps they have also only invested everything in Bitcoin with high hopes that crashed (lol). "Wisdom is profitable to direct." By the way, @OP, I am not going to be buying Bitcoin in a rush; if I see it trading at $100k, I can apply DCA, buy some, and wait for the bear season to come too. The reason is that I am learning from the experience of those that bought Bitcoin for $60k in 2021, but they are still there waiting to see $100k. Also,  there is the law of gravity  that states that, "what goes up, must always come down." Which is why I think that no matter how high Bitcoin price goes, it always retard at some point and loss by -20%, -30% and so on. 
 


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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June 29, 2023, 06:18:10 PM
 #120

People will buy Bitcoin even after the price of Bitcoin reaches $100k because then Bitcoin will have a target to cross $200k and also investors will buy Bitcoin to invest in various places and gamblers will buy it to gamble. Some will buy for trading and some will buy for some other purpose. and even if the price of Bitcoin exceeds $1 million dollars, no one will stop buying it. Because Bitcoin is an asset whose need will never end. like fiat money. So it's silly to question who will buy Bitcoin once it hits $100k
No, there is no way to predict if how much price Bitcoin will reach. We are not even sure if it's truly possible for Bitcoin to climb $100k. $100k is already a massive amount and even if it's possible, the price could hardly increase anymore after that, so there might be no people who will buy BTC at $100k, not even the institutions but let's not forget the fact that Bitcoin is volatile.

The price can still go down and that will only be the time for the investors to accumulate. There are still cheap cryptos out there which are also great in terms of being an asset or a currency. People can always go for them. There is no need to force their selves on Bitcoin.

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June 29, 2023, 06:23:50 PM
 #121

You would have said the same when Bitcoin price went from $3.5k in March 2020 to $30k in 2021. Why would someone buy Bitcoin now as it's 10x within an year?
Guess what? People bought and price went up to 20x with $69k the All-Time High of Bitcoin. Similarly, when the price will reach $120k, there will still be buyers looking to buy the bits left in the market. Don't worry about that, it started from $1 and is currently at $30k and still people buying.
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June 29, 2023, 06:47:50 PM
 #122

While there is demand, regardless of the price of bitcoin, someone will buy when the price is $100K, people who buy at that price want a higher price, I think there will be more people who believe that the price of bitcoin is $100k or even 1 million, they believe, considering there are many factors why bitcoin can increase more than 10x of its purchase price.

For example, bitcoin's ATH is 100K, so of course many people will buy because of hype or other trends, they will definitely think from this cycle when the next ATH of bitcoin can reach 150K/200K, that's possible because the history of bitcoin cycles always increases, this is a factor that we know but there are other things that make them believe in bitcoin regardless of the price at which it is purchased.

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June 29, 2023, 06:50:51 PM
 #123

People will buy Bitcoin even after the price of Bitcoin reaches $100k because then Bitcoin will have a target to cross $200k and also investors will buy Bitcoin to invest in various places and gamblers will buy it to gamble. Some will buy for trading and some will buy for some other purpose. and even if the price of Bitcoin exceeds $1 million dollars, no one will stop buying it. Because Bitcoin is an asset whose need will never end. like fiat money. So it's silly to question who will buy Bitcoin once it hits $100k
No, there is no way to predict if how much price Bitcoin will reach. We are not even sure if it's truly possible for Bitcoin to climb $100k. $100k is already a massive amount and even if it's possible, the price could hardly increase anymore after that, so there might be no people who will buy BTC at $100k, not even the institutions but let's not forget the fact that Bitcoin is volatile.

The price can still go down and that will only be the time for the investors to accumulate. There are still cheap cryptos out there which are also great in terms of being an asset or a currency. People can always go for them. There is no need to force their selves on Bitcoin.
The way to predict the price of Bitcoin is always there, because it is only limited to predictions, but no one can be sure or have a guarantee that their predictions are appropriate.
People who say like this are not much different from people who in the past who at that time Bitcoin were still at the price of $ 10K, he said that Bitcoin would never touch the price of $ 50k, but in fact not, even exceeding what he thought was impossible .
Even if you doubt it, I hope it's only for yourself, sir.
Maybe later ATH $ 100K is reached and returns to correction as it is today, it is possible for Bitcoin to form his new ATH again in the next cycle and in fact there must be people who trading it or maybe holding it for the future longer, like the mindset of people when This.

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June 29, 2023, 06:58:40 PM
 #124

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
I still feel that bitcoin enthusiasts will still be quite a lot for the next few years and when asking about this in the end maybe we should look back at the past.
Who buys when bitcoin is ATH? If indeed in the end there are many people and it is still seen with several conditions where there are still quite a lot of people complaining about the previous high purchase, I think the conditions are still the same.
In the end, we might as well buy at that price in the future because we won't know anything with bitcoin that is more than the price we expect.
As long as the enthusiasts are still there, of course there will still be those who buy, no matter how high the price is.

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June 29, 2023, 07:26:56 PM
 #125

The market is more active when Bitcoin's price has increased even more. Because during the market, uncertainty and anxiety are high in the market and that's why people are only a few to do such things as accumulating during that period. While for the bull run, everyone's too active and hyper and that's why hope that many will start to buy and feel FOMO before anything else. That's why if it's gonna be the same as what we are now if bitcoin hits $100k or even more. I bet that there will even be more people gonna be interested in bitcoin if it reaches a ceiling of $1M.

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June 29, 2023, 08:49:55 PM
 #126

You would have said the same when Bitcoin price went from $3.5k in March 2020 to $30k in 2021. Why would someone buy Bitcoin now as it's 10x within an year?
Guess what? People bought and price went up to 20x with $69k the All-Time High of Bitcoin. Similarly, when the price will reach $120k, there will still be buyers looking to buy the bits left in the market. Don't worry about that, it started from $1 and is currently at $30k and still people buying.
It's true, that's the cycle that happens. now it might look scary if kia buys at 100k. but a few years later maybe buying at 100k will be a thing that isn't scary. because even 5 or 10 years ago people would not have expected to buy bitcoin at 30k like it is today. Maybe the price of 30k, which is currently holding up, will be hard to find again in the future. and in the future the price of Bitcoin could revolve around 100k. so buying at 100k at that time might be considered normal.
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June 29, 2023, 09:11:23 PM
 #127

You would have said the same when Bitcoin price went from $3.5k in March 2020 to $30k in 2021. Why would someone buy Bitcoin now as it's 10x within an year?
Guess what? People bought and price went up to 20x with $69k the All-Time High of Bitcoin. Similarly, when the price will reach $120k, there will still be buyers looking to buy the bits left in the market. Don't worry about that, it started from $1 and is currently at $30k and still people buying.
It's true, that's the cycle that happens. now it might look scary if kia buys at 100k. but a few years later maybe buying at 100k will be a thing that isn't scary. because even 5 or 10 years ago people would not have expected to buy bitcoin at 30k like it is today. Maybe the price of 30k, which is currently holding up, will be hard to find again in the future. and in the future the price of Bitcoin could revolve around 100k. so buying at 100k at that time might be considered normal.
I think I can relate to what you  mean, because years back when the price was low as 10k people were skeptical as they are now in buying when the price actually reach 30k or even 20k but look at where we are today people are still buying even when the price finally reached 30k so like you said same feat will happen when the price climbs to 100k maybe by that time people will guessing to see the price climb to 150k so buying at 100k will be a normal thing then.

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June 29, 2023, 10:51:04 PM
 #128

I think I can relate to what you  mean, because years back when the price was low as 10k people were skeptical as they are now in buying when the price actually reach 30k or even 20k but look at where we are today people are still buying even when the price finally reached 30k so like you said same feat will happen when the price climbs to 100k maybe by that time people will guessing to see the price climb to 150k so buying at 100k will be a normal thing then.
Bitcoin has one market price so traders/investors have no other choice but to buy bitcoins at 100k because the price speculation is expected to be much higher above 150k in the next few years. However, we should have a DCA strategy to invest increasing the portfolio since the current price, do market analysis to overcome the skeptics because some speculations say if the price has reached above $ 30k then the chances of reaching ATH are high within this year.

Even though we discussed the price of 100k has never been reached in the history of the highest Bitcoin price, but believe me the price of $ 100k is getting closer because 100k can be reached at any time without us anyone being able to predict it, so don't want to buy Bitcoin at 100k then make sure you have lots of Bitcoin in your portfolio.

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June 30, 2023, 03:37:17 AM
 #129

You would have said the same when Bitcoin price went from $3.5k in March 2020 to $30k in 2021. Why would someone buy Bitcoin now as it's 10x within an year?
Guess what? People bought and price went up to 20x with $69k the All-Time High of Bitcoin. Similarly, when the price will reach $120k, there will still be buyers looking to buy the bits left in the market. Don't worry about that, it started from $1 and is currently at $30k and still people buying.
It's true, that's the cycle that happens. now it might look scary if kia buys at 100k. but a few years later maybe buying at 100k will be a thing that isn't scary. because even 5 or 10 years ago people would not have expected to buy bitcoin at 30k like it is today. Maybe the price of 30k, which is currently holding up, will be hard to find again in the future. and in the future the price of Bitcoin could revolve around 100k. so buying at 100k at that time might be considered normal.
I think I can relate to what you  mean, because years back when the price was low as 10k people were skeptical as they are now in buying when the price actually reach 30k or even 20k but look at where we are today people are still buying even when the price finally reached 30k so like you said same feat will happen when the price climbs to 100k maybe by that time people will guessing to see the price climb to 150k so buying at 100k will be a normal thing then.
That's right what I mean. Because if you think about today's Bitcoin price, which is still around 30k, of course we feel that the price of 100k is very high. and maybe even some of us here will definitely plan to sell at 100k instead of buying it.

But a few years later I think the price of 30k we will really miss. Because maybe the price of 30k will not be found again. if bitcoin adoption has grown more rapidly. A few more halvings, the price of 100k to 200k might come true.
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June 30, 2023, 07:49:19 AM
 #130

I think I can relate to what you  mean, because years back when the price was low as 10k people were skeptical as they are now in buying when the price actually reach 30k or even 20k but look at where we are today people are still buying even when the price finally reached 30k so like you said same feat will happen when the price climbs to 100k maybe by that time people will guessing to see the price climb to 150k so buying at 100k will be a normal thing then.
Bitcoin has one market price so traders/investors have no other choice but to buy bitcoins at 100k because the price speculation is expected to be much higher above 150k in the next few years. However, we should have a DCA strategy to invest increasing the portfolio since the current price, do market analysis to overcome the skeptics because some speculations say if the price has reached above $ 30k then the chances of reaching ATH are high within this year.

Even though we discussed the price of 100k has never been reached in the history of the highest Bitcoin price, but believe me the price of $ 100k is getting closer because 100k can be reached at any time without us anyone being able to predict it, so don't want to buy Bitcoin at 100k then make sure you have lots of Bitcoin in your portfolio.
Every Satoshi we collect today might turn into a treasure tomorrow. Its not unlike the story of the hardworking ant, diligently saving up for the winter, or in our case, the next bull run. Your DCA strategy is sound, and I support it wholeheartedly. Its about making consistent, regular investments regardless of the price, effectively averaging out your costs over time.

People who think Bitcoin reaching 100K is impossible probably also thought the earth was flat. Nothing is predictable in the world of crypto, but with the resilience and vigor that Bitcoin has displayed over the past decade, it's not unreasonable to believe we could hit the 100K mark sooner than we think. Thus, continue stacking sats and be ready for when the Bitcoin train finally hits the 100K station.

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June 30, 2023, 08:09:40 AM
 #131

Will the price pass 100k$ next year 2024 for buys to make their gain?

I don't know when will price of Bitcoin will surpass 100k$ nor do many but I have a firm believe that it will surpass 100k some day. There are many like me who believe that Bitcoin will surpass 100k$.

To you second question that who will buy bitcoin when it will be at 100k? Just like today people are buying at 30k with mindset that price will go beyond that upto 50k. We dont know the definite price target of bitcoin, some say bitcoin will some day be of 1 Million USD or above. It started with zero dollars and has seen ATH of 67k$. We are not sure what lies ahead.
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June 30, 2023, 08:27:23 AM
 #132

Compared to reality and fiction, it is fair to say that the price push is all rooted in the belief in the opportunity to make a profit, just like the story of btc, at $5000, will many people expect it?
the fact that it's nearing $70000, I think future stories are all possible in our minds, and the $100000 mark will probably be crossed, and people who buy it are looking for profit opportunities, like nostalgia the current situation and the story believes in the price increase when the market has more positive signs.









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June 30, 2023, 08:28:07 AM
 #133

I don't know when will price of Bitcoin will surpass 100k$ nor do many but I have a firm believe that it will surpass 100k some day. There are many like me who believe that Bitcoin will surpass 100k$.

It's more better for us to buy now that we are aspiring for that all time high which could be a big catch for most of us investing with bitcoin today,this makes it more interesting to know that we are currently aiming to regain back the all time high of $68,000 ad from there hence it also begin to rise and till it attained the rate of $100,000 or beyond.

To you second question that who will buy bitcoin when it will be at 100k?

People will still buy more and keep because bitcoin had many highs it can attain after getting to $100,000 and it's value will keep increasing with no limit to how far it can rise or go beyond this range




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June 30, 2023, 11:27:21 AM
 #134

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

People who always buy at the new all time high price are the doubters and people that are gonna blame bitcoin if ever they bought at $100,000 then suddenly it dumps because it is bearish season.

The most ideal thing to do when the price dumps after you bought at the peak then bearish market hits afterwards, is to hodl. It takes a lot of patient actually, because you're gonna wait for the next halving again for you to sell your Bitcoin at the new all time high price it's going to make.
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June 30, 2023, 12:34:27 PM
 #135

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

As an investor you should no that's market will not always be rossy all the time, that market moves against your entry point doesn't mean it will not come back or even move higher. It just like a friend that invested on Bitcoin when it was $28k and the the next day the market drop to $26k but he was very confident knowing the potential of Bitcoin that it will surely bounce back even go higher, it was not up to a week Bitcoin move back $28k even break to $30k so he collected his profits. That's how market works because if you always expect the market to always move according to your wish you might end up having heart attack.


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June 30, 2023, 12:50:59 PM
 #136

Compared to reality and fiction, it is fair to say that the price push is all rooted in the belief in the opportunity to make a profit, just like the story of btc, at $5000, will many people expect it?
the fact that it's nearing $70000, I think future stories are all possible in our minds, and the $100000 mark will probably be crossed, and people who buy it are looking for profit opportunities, like nostalgia the current situation and the story believes in the price increase when the market has more positive signs.
Just like history, it will definitely repeat itself like $100k can be the bottom in the near future while people are talking about the next ATH which could be more than $500k.

To you second question that who will buy bitcoin when it will be at 100k? Just like today people are buying at 30k with mindset that price will go beyond that upto 50k. We dont know the definite price target of bitcoin, some say bitcoin will some day be of 1 Million USD or above. It started with zero dollars and has seen ATH of 67k$. We are not sure what lies ahead.
$1M is like a dream of many and way back a decade ago, thinking of bitcoin reaching $100 is like thinking of bitcoin to $1M at these moments. No matter what will be the price of bitcoin, there will always be the demand that will be made by institutions and retailers.

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June 30, 2023, 01:03:47 PM
 #137

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?


As an investor you should no that market will not always be rossy all the time, that a market moves against your entry point doesn't mean it will not come back or even move higher since is Bitcoin, It just like a friend of mine that invested on Bitcoin when it was $28k and the the next day the market drop to $26k but he was very confident knowing the potential of Bitcoin that it will surely bounce back even go higher, it was not up to a week Bitcoin move back $28k even break to $30k so he collected his profits. That's how market works because if you always expect the market to always move according to your wish you might end up having heart attack.

So we are very hopeful Bitcoin will surely break $100k in the near future.




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June 30, 2023, 01:08:27 PM
 #138

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

That's somewhat true, but my friend I'm pretty sure that Bitcoin's price will far exceed the $100k price mark. Those people who invest in Bitcoin when it's price is at $100k will have to hold their investment if out of sudden the market crashes and the value of Bitcoin dumps. The good companies know the volatility of Bitcoin, and they only invest in Bitcoin the money that they don't need for more than 4 years.

The newbie investors who invest in Bitcoin when its price is at peak will have to know a fact that Bitcoin can dump anytime from its all time high, and they should study the market properly before investing their money into Bitcoin. However, I must say that the ones who believe in Bitcoin will never get panic if the value of Bitcoin drops to $50k after reaching $100k because they know that Bitcoin can again crosses that $100k price mark, and it can even reach $1 million or more in price after a decade or two.
 

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June 30, 2023, 01:17:48 PM
 #139

As an investor you should no that's market will not always be rossy all the time, that market moves against your entry point doesn't mean it will not come back or even move higher. It just like a friend that invested on Bitcoin when it was $28k and the the next day the market drop to $26k but he was very confident knowing the potential of Bitcoin that it will surely bounce back even go higher, it was not up to a week Bitcoin move back $28k even break to $30k so he collected his profits. That's how market works because if you always expect the market to always move according to your wish you might end up having heart attack.

The profit he accumulated was also too fast and too little if he didn't buy a lot, because today Bitcoin has passed the price of $31K which is much better for people who have bought at $28K. It looks like the market will continue to improve although not necessarily to one's liking, as a gradual increase is also good to watch and any investor will always enjoy this quite happily.

But those who are easier to sell in the short term when they see a little profit, I think it's not investors, but just ordinary traders who often take profits of any size. And that is of course very different from investors who prefer to take more profits in the long term.

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June 30, 2023, 02:16:30 PM
 #140

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
It should be noted that Bitcoin will never reach the point where there will have no buyers. If no buyer is found after $100K, then remember that Bitcoin will not be able to rise to $100K. The price of Bitcoin will be $100K when the price of Bitcoin becomes more than $100K. Bitcoin is currently priced at $30K and is increasing slowly in price. Keep in mind that Bitcoin is unregulated and cannot increase or decrease in price artificially.

Overall the market moves at its own pace. However, global economic conditions and business and political factors can affect the price of Bitcoin. As some are predicting that Bitcoin may reach 1 million in the next few years, the price of $100K will not be so high ‍at that moment. An investor's main goal is to make a profit. If he is likely to make more profit than the price at which he buys, he will definitely consider buying at a higher price.

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June 30, 2023, 03:09:37 PM
 #141

The price of Bitcoin crossed $31,000 today, the highest price for Bitcoin this year. Since 31 thousand is the highest price of bitcoin this year then why people are buying bitcoin during 31 thousand. If we think in this way that Bitcoin will not grow after reaching the maximum price then the market will never survive. Just as you might think that Bitcoin's value may not increase after reaching $100,000, you may think that Bitcoin's value may increase further after reaching $100,000. That is, the way we think our mind will go. Many people will buy bitcoin after it reaches $100,000, and if the price of bitcoin ever reaches $200,000, the amount of bitcoin that is being bought and sold now, I think that bitcoin will be bought and sold at that time.

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June 30, 2023, 05:11:30 PM
 #142

While it is very challenging to predict future price of Bitcoin, however given the historical price trends and prevailing situation in crypto market, we can Imagin that next halving, which is scheduled in in mid of year 2024, can possibly create bullish sentiment in the market due to reduced block reward for miners, resulting in reduced supply of Bitcoins. This scarcity of supply can potentially trigger price of Bitcoin to $100,000. Please note that this is a speculative projection and should be approached with caution.

Benefit of bitcoin or other stocks are greater and as compared to gold they gives quick benefit but in my opinion gold is more safe than any other assets.
Bitcoin doesn't guarantees that it will be profitable or will exist in nature because it is volatile. Other thing about bitcoin and gold is that gold can be used everywhere whereas bitcoin cannot be used everywhere all the time.

There will be a fear about losing money in Bitcoin because we don't know when the price will up and when it will goes down as price fluctuates in a matter of seconds whereas in gold the price become constant for longer period of time so taking benefit from it is easy and possible.









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June 30, 2023, 05:43:12 PM
 #143


$1M is like a dream of many and way back a decade ago, thinking of bitcoin reaching $100 is like thinking of bitcoin to $1M at these moments. No matter what will be the price of bitcoin, there will always be the demand that will be made by institutions and retailers.

When Bitcoin was launched in 2009, its price was almost zero USD and it can be mined on simple laptop. Did anyone thought at that time that this piece of code will ever hit 67k$ in just a matter of decade. If Bitcoin can go from zero to 67k$ in just a matter of decade then who knows what will price of bitcoin in coming decade.

People will still buy more and keep because bitcoin had many highs it can attain after getting to $100,000 and it's value will keep increasing with no limit to how far it can rise or go beyond this range

Bitcoin HODLing for long term is the best strategy one can adopt to get profit. Its best to accumulate bitcoin right now if your target price is 100k. Its of less benefit to gather bitcoin when price is high.
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June 30, 2023, 05:58:09 PM
 #144

Traders actively buying and selling bitcoin depends on how does they take some actions with it some people want to make a market circulation profit for short term of trading just to get profit every market price movement, some people currently waiting for the next price movement action of the bitcoin so they will grab the chance and opportunity to buy in the dip. For sure people are accumulating right now as much as they can and the whales will make an action once the halving incoming right up again this 2024.

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June 30, 2023, 06:18:07 PM
 #145

100k is still considered cheap by many Bitcoiners on this forum. Because they all see a future of Bitcoin being worth millions, and they have good reason to believe that. I also believe that Bitcoin will be worth a lot more than 100k USD someday.

You could have asked this question at any time in the past when Bitcoin prices were in the 4-digit or even lower, people would have said 30k Bitcoin? Impossible. Who would buy Bitcoin at 30k? But we had Bitcoin at higher than that. At 60k.

So its all a matter of how you value the potential of Bitcoin. I would have no problem buying Bitcoin at 100k. Although I would prefer buying it cheaper, while I can. Cool

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June 30, 2023, 06:34:46 PM
 #146

Wouldn't you be surprised to find that at a certain stage, bitcoin continues to rise despite feeling high all the time? By contrast, since the recession hit, it's dropped to a price below $20,000. If you hope to buy bitcoin at a really low price and then remember that it will go up, you are wrong. Bitcoin does not surpass the price of 69k; do not expect it to reach 100k. If it does not reach the price of 100k, it is far from 200k. Also, I see a lot of people buying and selling based on emotion, or more accurately, expecting it to rise, not because of analysis. When introduced to bitcoin or another cryptocurrency, there are usually a lot of people who are concerned about "What if everyone knows it?" I don't worry about this too much, even if everyone knows it only 20% of the time. It's doing it, and only a few do it well. Buying a board under a rigid, standardized system is a long and difficult process, even more arduous than creating an effective investment system.

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June 30, 2023, 08:23:22 PM
 #147

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

How can you tell that the price can not exceed $100k? You can't know that for sure. Five years ago, no one would believe that the price of BTC can touch $40k, but it did and even exceeded it. So, you saying that those who will buy at $100k will be making a mistake might be wrong, anything can happen.

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June 30, 2023, 08:49:40 PM
 #148

I think I can relate to what you  mean, because years back when the price was low as 10k people were skeptical as they are now in buying when the price actually reach 30k or even 20k but look at where we are today people are still buying even when the price finally reached 30k so like you said same feat will happen when the price climbs to 100k maybe by that time people will guessing to see the price climb to 150k so buying at 100k will be a normal thing then.

If Bitcoin gets to $100k any day, I think some people will be regretting why they never bought it in the early days when it was cheap because right now, they might not even consider it that cheap; they are still daydreaming for it to go back to $10k or $6k before they can buy Bitcoin. Only when the price goes up will they realize that buying at $30k was cheap. You know, @DaNNy001, there were people who even bought Bitcoin at $60k in 2021, and some of them that bought at that high price are still holding it till now, although some sold too because of the pressure of the volatility, but Bitcoin investment is just about patience.


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June 30, 2023, 09:09:23 PM
 #149

I guess this was also asked some years ago. Most people that bought bitcoin at $1 sold their holdings earlier because who will buy bitcoin at $100?

Fast-forward, bitcoin is now at $30k and it even reached $67k 2 years ago. Bitcoin is also expected to reach $100k either next year or the year 2025. And I believe its growth will continue over the years. Decentralization, blockchain, and borderless transactions without the need from 3rd party companies will always have high demand.   

People will continue to buy bitcoin no matter how high its value is. Personally, I will continue to use bitcoin as much as possible, especially when it is more convenient.

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June 30, 2023, 09:16:22 PM
 #150

Well I am not arguing with anyone on the said amount. But when Bitcoin will finally reach the said amount of $100,000, it will take time before Bitcoin will penetrate to $200,000. And anyone who buys Bitcoin at the time of $100,000 have to wait for Bitcoin to climb up to $100+ for them to have their gain. And it is only individual can wait for that and not companies because companies pay workers.
Even from the op I was only asking that if such happened, who will buy because exchange might not have the interest base what happened to some the exchange last year.









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July 01, 2023, 02:09:34 AM
 #151

100k is still considered cheap by many Bitcoiners on this forum. Because they all see a future of Bitcoin being worth millions, and they have good reason to believe that. I also believe that Bitcoin will be worth a lot more than 100k USD someday.

You could have asked this question at any time in the past when Bitcoin prices were in the 4-digit or even lower, people would have said 30k Bitcoin? Impossible. Who would buy Bitcoin at 30k? But we had Bitcoin at higher than that. At 60k.

So its all a matter of how you value the potential of Bitcoin. I would have no problem buying Bitcoin at 100k. Although I would prefer buying it cheaper, while I can. Cool


yeah for real. Like I don't even plan to use much of my bitcoin until it gets at least to like the mid-6 figures. $100k is nothing. $100k is for short term investors. When I think about the point at which I want to be spending my bitcoin I'm thinking about like 20 years from now when I can buy a car for a couple hundreds of a bitcoin. I'd say a million dollar price is like the START of bitcoin being a mature widely adopted money. $100k is still VERY early. $500k is decently early. $1 million is fairly mature but with lots of room for long term growth (by that time probably growing more like a strong traditional investment ie 10%-20% a year growth.
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July 01, 2023, 02:13:49 AM
 #152

Well I am not arguing with anyone on the said amount. But when Bitcoin will finally reach the said amount of $100,000, it will take time before Bitcoin will penetrate to $200,000. And anyone who buys Bitcoin at the time of $100,000 have to wait for Bitcoin to climb up to $100+ for them to have their gain. And it is only individual can wait for that and not companies because companies pay workers.
Even from the op I was only asking that if such happened, who will buy because exchange might not have the interest base what happened to some the exchange last year.


There are lots of buyers at every price. It's not clear what you are asking. Why do you think suddenly the market will stop operating at $100k? $100k is no different than any other price.

Or are you just talking about the four year market cycle? I mean yes probably in late 2025 the current market cycle will end and there will be another crash and the price will drop from wherever over $100k it is to back well under $100k. But that's every four years. We all know the market cycle. There's nothing about $100k that separates it from any other price. People, companies, whoever will be buying at $100k the same way they have bought at every price level.
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July 01, 2023, 03:21:25 AM
 #153

even though the Bitcoin price will reach $100k later, and it looks very high at the moment, it is still too big for Bitcoin to have a buyer. we really can't conclude at this time, because we don't know how things were at that time. however, thinking that the bitcoin price could reach $100k, means that at that time, bitcoin was really popular, and the potential is still very big, so I feel that there is still a lot of interest for bitcoin at that time.
After all, this isn't the first time something like this has happened either, when bitcoin prices were still in the hundreds of dollars, there was a lot of FUD or even disbelief for bitcoin to reach prices above $10k. however, when the bitcoin price reaches that price, the potential for bitcoin still has a bigger push to the price above it. we don't know what kind of potential Bitcoin brings when the price has reached $100k.

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July 01, 2023, 03:53:51 AM
 #154

OP whether you like it or not, there are people who would still buy bitcoin. I believe you know that organizations that accept bitcoin as a means of payment are still in existence. So therefore irrespective of the price action on bitcoin market, they would still accept it for business to keep striving. I predict it to go beyond that price in the nearest future  and in that case, it would be much expensive and worth holding.
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July 01, 2023, 04:15:49 AM
 #155

let suppose if same question asked in 2015 when btc price was around 350$ "" who buy bitcoins when the price is 10k$ "".
2018 and 2021 btc buyer trading volume given us answer that there will be large buyer even btc price crossed limit. This is true that we might see some correction in btc price but buyer will be not less in any points. 100k$ is not big target and only 3x to be rise from current point. i believe that we will see more buyer even btc price reach 1 million.

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July 01, 2023, 04:55:56 AM
 #156

Everyone will be buying bitcoin at that price. Bitcoin is still bitcoin and it can go even higher so these is no point to stop buying it at a high price.

People who DCA do it all the time because they keep buying Bitcoin despite the price.
Despite the price bitcoin is bought only because the long term selling price may be good and the profit would be high. The main reason is the long past charts of Bitcoin that show big changes from low price to high price and cycles that happen.

However 100k is a price that practically has not appearer in the market yet but we will have takers at that price - consider if the price remains static at that then this would be common.

Always fractional buying is possible because a Bitcoin is divisible upto 8 decimal spaces. Don't let the price on 1 whole bitcoin intimdate you.
Definitely going to be a normal thing when it reaches there. People bought bitcoin when it was just a few dollars, people bought it when it was few hundred dollars, they bought it at few thousands, and there were people who bought it at 60k+ as well. So that shows that no matter how high it gets, there will always be buyers who will make some profit and will want to invest into bitcoin without a doubt.

It is not going to be too simple and we need to be entirely sure what's going to happen before we make a decision like that, but that doesn't mean that we are going to end up with a bad result eventually. I hope that people will realize that buying bitcoin at no matter what price, is a good idea and we could profit from it.
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July 01, 2023, 06:45:11 AM
 #157

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
No one knows if 2024 will be bitcoin's golden season, but we are sure that bitcoin will eventually reach a price of $100k. therefore we don't hesitate to invest in bitcoin from now on, considering that there are still many opportunities to make a profit. but it's not that easy, after we invest, we will know the pressure that occurs when investing in bitcoin, maybe from price fluctuations, psychological pressure, and so on. but as long as we can consistently hold bitcoin and not be greedy i think we will make a good profit
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July 01, 2023, 07:04:45 AM
 #158

If the price of Bitcoin has reached 100k$ then transactions will continue and as it happens today, because there is still hope Bitcoin can reach 1 million dollars because the value of Bitcoin has no limit, although later there will be a decrease it will only occur half of the price and there is definitely a high possibility that it can increase again, it is the same as we feel today, In the past, the value of Bitcoin was very low and far like the value that is happening today, then everything will continue to rotate as it is today even though the value has reached 100k$.

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July 01, 2023, 04:01:45 PM
 #159

Will the price pass 100k$ next year 2024 for buys to make their gain?
i don't think so that anyone will have idea of how bitcoin price will move or when ever it will hit 100k, but just like any other Bitcoin investor/lover we believe that one day it will happen in near futures and will rocked entire banking system.
Quote
Who Buys Bitcoin When The Price is 100k$?
Bitcoin always has tons of investor and it's increased with time to time because due to volatile moment it provides opportunity to each and everyone to get handsome profit, just like a lot of people bought it when it's below 10$ as because they believe that they will get big return now at 30k alot of them bought it because they believe it will hit 60k and then 100k, so same procedure will be apply after 100k as because everyone believe that in near future BTC will may be hit 1million$. So don't think about such thing because there will be a lot to buy.....

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July 01, 2023, 08:36:10 PM
 #160

If the price of Bitcoin has reached 100k$ then transactions will continue and as it happens today, because there is still hope Bitcoin can reach 1 million dollars because the value of Bitcoin has no limit, although later there will be a decrease it will only occur half of the price and there is definitely a high possibility that it can increase again, it is the same as we feel today, In the past, the value of Bitcoin was very low and far like the value that is happening today, then everything will continue to rotate as it is today even though the value has reached 100k$.
^Definitely right.
People will likely continue to buy BTC even if the price reaches all-time highs (ATH) or even exceeds $100k. BTC price has shown a remarkable ability to attract investors and maintain its popularity over the years, even through significant price fluctuations.
As you can see the BTC's price volatility can present trading opportunities for speculators and active traders. Some individuals may be attracted to the potential profits that can be made by correctly timing the market, even during periods of high prices. These traders may utilize technical analysis, market trends, or other strategies to have almost accurate predictions and capitalize on short-term price movements.
I think it is because of the fear of missing out on potential gains, commonly known as FOMO, that can drive people to invest in BTC, even at high prices. If they believe the price could rise further, they may choose to buy now rather than regretting not doing so later.
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July 02, 2023, 03:28:48 PM
 #161

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

In short: yes. 2024 or 2025 but it will surpass 100k. Bitcoin can't be stopped and it's deflationary by design. And the time you'll have to wait for the gains depends on when you buy: on the way up during this cycle (until end of 2025 or earlier) or on the way down next cycle (2026-2029)? If you'll buy on the way down you'll have to wait at least 3 years to at least break even.
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July 02, 2023, 03:44:34 PM
 #162

The late comers who were not aware of btc when it was below 100k will buy with the hope that it would get to 200k and above.
Although personally I don't think I will be buying when the price is that high, reason why I should take advantage of this time as an early supporter to buy as much as I can afford.

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July 02, 2023, 04:28:12 PM
 #163

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

It is also being used as medium of payment. So people will be using it for transactions for which they will have to buy crypto.
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July 02, 2023, 04:46:57 PM
 #164

The late comers who were not aware of btc when it was below 100k will buy with the hope that it would get to 200k and above.
Although personally I don't think I will be buying when the price is that high, reason why I should take advantage of this time as an early supporter to buy as much as I can afford.
Agree with this because indeed with the movement of bitcoin one day the price might be more than imagined and $100k could also be worth it to buy so that regardless of all the conditions and prices that occur later, if bitcoin is still one of the $100k worth of assets is obvious it will be bought even not only for beginners, allows this also bought even by old people.
We don't know what will happen in the future, the fact is that when bitcoin entered the previous ATH at $68k there were still people buying it means that there is still a lot of demand for it so this will also be the same for $100k.

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July 02, 2023, 05:58:33 PM
 #165

If the price of Bitcoin has reached 100k$ then transactions will continue and as it happens today, because there is still hope Bitcoin can reach 1 million dollars because the value of Bitcoin has no limit, although later there will be a decrease it will only occur half of the price and there is definitely a high possibility that it can increase again, it is the same as we feel today, In the past, the value of Bitcoin was very low and far like the value that is happening today, then everything will continue to rotate as it is today even though the value has reached 100k$.
Your optimism, I must say, is refreshing in this often volatile world of cryptocurrencies. We can ascertain, as per your theory, that as long as there's hope for further growth, Bitcoin's transactions would indeed continue - even if its value crosses the $100k mark. You suggest a cycle, a financial ebb and flow, if you will.

However, I'd implore you to consider the market dynamics as well. Notably, the concepts of demand, supply, and market equilibrium. Essentially, when Bitcoin reaches such a towering value, its demand might shrink due to its inflated price, affecting the transaction volume.

Also, lets not overlook the fact that investor confidence is crucial in this scenario. If they suspect a "bubble burst," a sudden withdrawal could occur, causing a precipitous drop. Thus, although your theory of a "half price decrease" seems reasonable, market unpredictability could sway the pendulum either way.

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July 02, 2023, 06:33:11 PM
 #166

No matter what is happening in the crypto market, there will be buyers and sellers that will buy no matter the price in the market, and there will be seller that will sell no matter the price to solve problem at the moment. there are some long term investors who will not sell their crypto until the price hit $150k or $200k before they can sell to smile because, they understood crypto investment very well that it required long term. I don't think the price of BTC will reach $200k next year 2024 because, the price is still struggling to hit $40k before investors will believe that the price will reach $80k before the end of the year. But the price of BTC will reach $100k or $200k but not next year because it will take a long years before such price will happen in the market.

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July 02, 2023, 07:50:56 PM
 #167

Never buy at the top price. Those who know this will never buy Bitcoin at $100k if this is what will eventually become the next all-time high. What were you doing when the market was red? You thought that it will never pump back up huh? Now that it's green, now you want to invest in it? And then when you make a loss buying the top, you blame the Bitcoin. This is just how it is. Those who have less experience or are new to the concept will see the rising price and think of it as an opportunity to become rich overnight.

So there will always be people willing to buy at the top. Newbies or greedy or people without proper knowledge will always come forward and buy those tops. But if they can learn from their mistakes and act as such to keep holding till the next bull run, they might not be at such a loss. But this is quite unlikely given the fact that what kind of investors they are. I doubt they will be able to do it. Also, one's loss is another's profit. That's how trade works. So if there's no one to buy or sell, how can we trade?
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July 03, 2023, 06:09:05 PM
 #168

100k is still considered cheap by many Bitcoiners on this forum. Because they all see a future of Bitcoin being worth millions, and they have good reason to believe that. I also believe that Bitcoin will be worth a lot more than 100k USD someday.
The belief that bitcoin will reach 100k USD is in line with its last ATH, but if there is a question when that will happen, you may not be able to answer it for sure, but if it is related to a four-year cycle then we can answer at the next ATH. Bitcoiners have gone through many processes in bitcoin so they can see great opportunities for their future.

You could have asked this question at any time in the past when Bitcoin prices were in the 4-digit or even lower, people would have said 30k Bitcoin? Impossible. Who would buy Bitcoin at 30k? But we had Bitcoin at higher than that. At 60k.
Coming back again to the faith of who is asking and the extent of their involvement in the investment, even though historically people can look at the price of bitcoin from its emergence to the present but sometimes when they are not directly involved it diminishes their trust. That's fine because faith will go hand in hand with their involvement in bitcoin and everyone will come to their own conclusion.

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July 03, 2023, 06:24:16 PM
 #169

If the price of Bitcoin has reached 100k$ then transactions will continue and as it happens today, because there is still hope Bitcoin can reach 1 million dollars because the value of Bitcoin has no limit, although later there will be a decrease it will only occur half of the price and there is definitely a high possibility that it can increase again, it is the same as we feel today, In the past, the value of Bitcoin was very low and far like the value that is happening today, then everything will continue to rotate as it is today even though the value has reached 100k$.
The market will continue in the same way in the future as it has done in the past. People are constantly increasing in the world, so investors will also increase. At the same time the demand for Bitcoin will also be increased and the price will naturally move towards the high. In the past when bitcoins were sold for cents the current price was the dream to them but that has been implemented today. Also in the future when Bitcoin hits 100k it will move towards 1 million.

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July 03, 2023, 08:56:18 PM
Merited by fillippone (1)
 #170

 Crypto investors will continue to place orders for bitcoin regardless of price. Do not forget that there are millions of people worldwide who have not yet purchased bitcoin. I think they'll do that eventually; perhaps when bitcoin prices reach $100,000 or more.

Having said that, investors like us will continue to rush to buy bitcoin at whatever high price it may reach in the future because we believe that it will continue to have a bright future.

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July 04, 2023, 08:23:06 AM
Merited by fillippone (1)
 #171

Crypto investors will continue to place orders for bitcoin regardless of price. Do not forget that there are millions of people worldwide who have not yet purchased bitcoin. I think they'll do that eventually; perhaps when bitcoin prices reach $100,000 or more.

Having said that, investors like us will continue to rush to buy bitcoin at whatever high price it may reach in the future because we believe that it will continue to have a bright future.


Yes. there is no possibility and no hindrance for people to continue to buy Bitcoin even if the price reaches $100,000. In fact, there are still a lot of people out there who aren't into Bitcoin yet, and they may jump in when the price gets really high. Seeing that the enthusiasm is increasing, investors who have strong hands will also join in in the end, Yes. they will still buy it no matter what the price is because they are long term traders. Unless there is BTC information it will be Game Over.

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July 04, 2023, 09:24:15 AM
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 #172

I had a talk about Bitcoin with my brother two days ago, he said that he have interest in buying Bitcoin but the price is dropping, he asked me how lower will Bitcoin go? I told him that I don't know and he said that when it starts rising again he will buy, you see, no one wants to buy Bitcoin when it's dumping, many people still prefer to buy when the FOMO is back in the market, no wonder lots of money swim into crypto when the bulls are back and the truth is some people are still able to make money after buying at high price, but they won't make a lot compare to those that bought at lower prices, it seems that higher price and fomo gives some people the confidence to buy more than buying at lows because they fear it could go lower.

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July 04, 2023, 11:51:47 AM
 #173

If the price of Bitcoin has reached 100k$ then transactions will continue and as it happens today, because there is still hope Bitcoin can reach 1 million dollars because the value of Bitcoin has no limit, although later there will be a decrease it will only occur half of the price and there is definitely a high possibility that it can increase again, it is the same as we feel today, In the past, the value of Bitcoin was very low and far like the value that is happening today, then everything will continue to rotate as it is today even though the value has reached 100k$.
I agree with you. Because it's only a matter of time. Because maybe in the next few years the price of bitcoin at 30k-60k will actually look very low. same as we see the current 6k-10k figure which looks very bottom. And maybe in the next few years, I personally might still be interested in accumulating at a price of 100k if I still see the potential for a higher increase, such as up to 250k.

Even people who used to sell bitcoin at 1k then of course at that time they couldn't imagine bitcoin would reach ATH at a price of over 60k. Well, just like us now, we may not be able to imagine higher prices in a short time. and maybe in the next 10 years we will regret selling at 30k-60k.
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July 04, 2023, 12:16:18 PM
 #174

If the price ever comes to that point (fingers crossed), pretty sure that there's still people out there that's still going to buy at that price, I don't think that it's going to discourage buyers and I'm more inclined to believe that bitcoin's going to make hidden investors come out of the woods to buy in hopes that the 100k price isn't the absolute peak, some people will always get in late in the hype and I don't think that your notion that no one is going to buy when bitcoin reaches 100k will ever be true. Take stocks as an example, Berkshire Hathaway stock as an example, it's priced at 500k+ USD right now and people are still buying it, the price didn't stop them.



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July 04, 2023, 12:37:56 PM
 #175

I had a talk about Bitcoin with my brother two days ago, he said that he have interest in buying Bitcoin but the price is dropping, he asked me how lower will Bitcoin go? I told him that I don't know and he said that when it starts rising again he will buy, you see, no one wants to buy Bitcoin when it's dumping, many people still prefer to buy when the FOMO is back in the market, no wonder lots of money swim into crypto when the bulls are back and the truth is some people are still able to make money after buying at high price, but they won't make a lot compare to those that bought at lower prices, it seems that higher price and fomo gives some people the confidence to buy more than buying at lows because they fear it could go lower.

So this also means that people will buy at 100K mostly when they see a bull run, which means that on green days people are buying it, but on red days few are buying it because they are scared of going further down. That is really the problem with other people, as they don't treat it as a sale. Just imagine when there are sales at the mall; they are really buying it, and if the price goes back to normal, people wait for it. It is really the opposite in Bitcoin, as they are more buying when the price is high.
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July 04, 2023, 12:44:23 PM
 #176

Who? most of people will still buy Bitcoin regardless of it's price, which mean they can buy when Bitcoin price is $100K, $200K, $500K, $1M, $10M, $10B etc.

When the last Bitcoin ATH is $69K, people right now think it's expensive to buy Bitcoin when the price hit $100K, but if it's always stay in $100K and it increase to $200K, people will regret for not buy Bitcoin when the price was $100K and the cycle keep repeat.

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July 04, 2023, 01:32:39 PM
 #177

My indirect answer to your question is that, when will the last mining occur and what is the total number of bitcoins users as we speak. This factors plays important role in determining  price movement. Since mining will take long to come to an end, it's price will continue to skyrocket and as more people come in to the game. The only thing is the exit and buyback strategy in place to grab profit.
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July 04, 2023, 02:39:50 PM
 #178

I think the more the price increase, the more it attracts buyers for sure because they know that it won't be the last time Bitcoin's price increases. Also, you can see some significant companies making their moves when this event happens in the future because they also want to ride the trend by making some noise in the middle of the busy crypto market. There are lots of people that are already doing some research, mostly rich people that are considering buying bitcoins in the future but all they are waiting for is a huge sign and that would be a nice sign to buy bitcoins whenever you are ready because you can assure that it won't let you down after that huge increase of its price.

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July 04, 2023, 02:46:04 PM
 #179

I think the more the price increase, the more it attracts buyers for sure because they know that it won't be the last time Bitcoin's price increases. Also, you can see some significant companies making their moves when this event happens in the future because they also want to ride the trend by making some noise in the middle of the busy crypto market. There are lots of people that are already doing some research, mostly rich people that are considering buying bitcoins in the future but all they are waiting for is a huge sign and that would be a nice sign to buy bitcoins whenever you are ready because you can assure that it won't let you down after that huge increase of its price.
It truly will and imagine if rich dudes like Elon started to hoard on these. I kinda have mixed feelings in company trying to integrate crypto. I can even recall back in the days when Microsoft adopted using of Bitcoin as their alternative payment method and then pulled out. Same goes for Steam, as my platform on where I play and buy PC games, I believe they accepted Bitcoin before but then removed it also. If the company would handle the volatility of Bitcoin then good for them.

Surely aside from what you just said, it will be harder for new people to buy Bitcoin let alone a whole coin. Here in my country, you gotta be just lucky to even get a one whole coin.
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July 04, 2023, 09:36:21 PM
 #180

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

Actually anyone buying Bitcoin at $100k wouldn't be thinking of gaining anytime soon owing to how Bitcoin trend is. Also, it is risky highly risky when you buy Bitcoin at mooning stage when the price skyrockets because it is always seen to have faced a deep dip afterwards or to some extent little dip ... therefore if anyone is buying at that rate ...then the person is not willing to trade any moment sooner from then...will have to hold for long to get maximum profit

Nobody knows how high the price of Bitcoin will be next year or how low. We all are looking forward to halving next year and the aftermath 😉
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July 04, 2023, 09:59:25 PM
 #181

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

Actually anyone buying Bitcoin at $100k wouldn't be thinking of gaining anytime soon owing to how Bitcoin trend is. Also, it is risky highly risky when you buy Bitcoin at mooning stage when the price skyrockets because it is always seen to have faced a deep dip afterwards or to some extent little dip ... therefore if anyone is buying at that rate ...then the person is not willing to trade any moment sooner from then...will have to hold for long to get maximum profit

Nobody knows how high the price of Bitcoin will be next year or how low. We all are looking forward to halving next year and the aftermath 😉
On the time that we do able to reach out $100k in a fast pace manner then who wouldnt really be thinking about reaching out 150 or 200 or even more? For sure there would be those people who would really be making out that kind of consideration on buying with those prices specially when FOMO kicks in because people would really be already having the impression that the price would really be shooting up more but im much sure
that there would really be a strong resistance on this point on which this might be having that selling point or Take profit level on where most people been setting out.This is why it wouldnt really be that so
shocking if there would really be that rejection or correction into this point on which 100k increment wouldnt really be that so easy to breakout.

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July 04, 2023, 10:25:42 PM
 #182

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
You have many choices to do. If you are not faith enough with bitcoin price will go up, One of choice you can do is cutting your lose and then do short trade to get back your loses by income from short trade. This way is done by many people to avoid higher lose.

Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
If you are really faith in bitcoin you will always hold your bitcoin untill your targeted price is touched then get profit from it. but if you do not patient it is up to you to lose selling.


Will the price pass 100k$ next year 2024 for buys to make their gain?

to be honest i am doubt about it, if the price is increase, i think it will not touch 100.000$ .

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July 05, 2023, 03:48:21 AM
 #183

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

Actually anyone buying Bitcoin at $100k wouldn't be thinking of gaining anytime soon owing to how Bitcoin trend is. Also, it is risky highly risky when you buy Bitcoin at mooning stage when the price skyrockets because it is always seen to have faced a deep dip afterwards or to some extent little dip ... therefore if anyone is buying at that rate ...then the person is not willing to trade any moment sooner from then...will have to hold for long to get maximum profit

Nobody knows how high the price of Bitcoin will be next year or how low. We all are looking forward to halving next year and the aftermath 😉


Well there will be 3 main times when Bitcoin is crossing $100k.

1) It'll be crossing $100k during the next bull market (and so anyone buying it then will at most have a few months of the price being higher and then they'll have to deal with probably 12 to 18 months of the price being lower during the bear market.

2) It'll be crossing $100k again during the next bear market as the price goes down. People will be buying bitcoin as the price drops from the bull market high.

3) It'll be crossing $100k again early on in the next market cycle, maybe like second half of 2027, and at that point $100k will be a low price so people will be buying to accumulate Bitcoin at the low price of $100k, the way people are doing the same right now at $30k.

After that point, anyone who has bought at $100k will be in profit forever.
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July 09, 2023, 06:22:02 PM
 #184

You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.

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July 10, 2023, 12:51:48 AM
 #185

You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.

I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.

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July 10, 2023, 03:05:42 AM
 #186

This is how people bought Bitcoin when it was under $100
When it crossed $68k people still bought Bitcoin the same way it even more people bought it.

One thing to note is that the popularity of Bitcoin is increasing day by day and as the price of Bitcoin is increasing, it is catching people's attention. so as many people buy bitcoin now, if the price of bitcoin is $100k, more people will buy. Because then the excitement about Bitcoin will start

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July 10, 2023, 06:05:38 AM
 #187

This is how people bought Bitcoin when it was under $100
When it crossed $68k people still bought Bitcoin the same way it even more people bought it.

One thing to note is that the popularity of Bitcoin is increasing day by day and as the price of Bitcoin is increasing, it is catching people's attention. so as many people buy bitcoin now, if the price of bitcoin is $100k, more people will buy. Because then the excitement about Bitcoin will start

True. Also, a lot of people just don't know the basics of investing like buy low, sell high. So when they see BTC hitting new ATH I guess they think it will keep it that way, but they don't realize that a lot of people are gonna sell it at that point and lower the price.
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July 10, 2023, 08:08:27 AM
 #188

You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.

I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.
the same as before when bitcoin cost $ 1k, did anyone think bitcoin reached $ 10k, up to $ 64k, when the position was $ 1k, who would buy it when the bitcoin price was $ 10k, and so on. So the law of supply and demand is always there, and of course someone who buys $100k, he's going to sell for more than that. maybe he has his own target, if it reaches a saturation point then the price of bitcoin will fall again, and after that in the bullish season it will rise again past the previous ATH, moreover the supply of btc is limited

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July 10, 2023, 11:19:14 AM
 #189

I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.
Funds will buy that believe that bitcoin will be very expensive, if we talk about large players. But besides this, there will also be ordinary retail investors who will believe that bitcoin can reach unprecedented heights, but history teaches us that buying on highs is a very bad idea and perhaps because of such rash actions you will have to sit under water for a very long time, with the hope of one day reaching breakeven again.
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July 10, 2023, 01:32:18 PM
 #190

Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss.
It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.

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July 11, 2023, 05:15:40 PM
 #191

You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.
When the supply and demand process is still valid, there is no need to worry about who will buy Bitcoin when the price is at $ 100K. In fact, we ourselves will also buy bitcoin at a much higher price when we have the opportunity to buy, although not full of buying in large quantities because it can be paid in installments with the capital capabilities they have. If you look at the last ATH, the possibility of reaching at a price of $ 100K is more realistic and maybe we do not know exactly when it will happen appropriately, because predictions do not always give birth to accuracy in the results.

Everyone who has been investing in bitcoin for a long time doesn't care what the price is, the problem is when we are not in the right conditions, where Bitcoin is able to exceed ATH and we have nothing to sell in that period. Concerns about price will only apply to those who are not actively involved and do not understand Bitcoin's journey.

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July 11, 2023, 05:49:44 PM
 #192

Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss.
It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.
Right now it will seem difficult but when the price of bitcoin has exceeded that and is higher for example then I don't think it will be much different from today.
Let's reverse the conditions now where bitcoin is at $30k who will buy bitcoin at $60k or even more? It seems impossible right? but this is if you talk about a few years ago where bitcoin was at the previous ATH price then when $60k was a lot to buy so this condition will also definitely happen if bitcoin breaks the price of $100k or even more.
Actually things like this depend on the problem of prices. Indeed now we find it difficult to buy bitcoin at that price but if bitcoin has touched that price and even if it is higher then the possibility of buying there is still possible.

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July 11, 2023, 06:23:25 PM
 #193

...

It's more better for us to buy now that we are aspiring for that all time high which could be a big catch for most of us investing with bitcoin today,this makes it more interesting to know that we are currently aiming to regain back the all time high of $68,000 ad from there hence it also begin to rise and till it attained the rate of $100,000 or beyond.

This is good time to buy Bitcoin as price is not that high at the moment. Even if price goes high in future then there are various way to accumulate Bitcoin in a profitable manner. It best not to buy Bitcoin at one price rather mixing techniques like DCA and buying at dips gives best accumulating price.


...
$1M is like a dream of many and way back a decade ago, thinking of bitcoin reaching $100 is like thinking of bitcoin to $1M at these moments. No matter what will be the price of bitcoin, there will always be the demand that will be made by institutions and retailers.

1 millon USD price is still quite away, first Bitcoin has to break 100k$ barrier which most of us are looking forward. It will be exciting to see bitcoin breaking 100k barrier and once Bitcoin do that we can safely safe that 1M is not that far.
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July 11, 2023, 08:26:48 PM
 #194

Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss.
It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.
Right now it will seem difficult but when the price of bitcoin has exceeded that and is higher for example then I don't think it will be much different from today.
Let's reverse the conditions now where bitcoin is at $30k who will buy bitcoin at $60k or even more? It seems impossible right? but this is if you talk about a few years ago where bitcoin was at the previous ATH price then when $60k was a lot to buy so this condition will also definitely happen if bitcoin breaks the price of $100k or even more.
Actually things like this depend on the problem of prices. Indeed now we find it difficult to buy bitcoin at that price but if bitcoin has touched that price and even if it is higher then the possibility of buying there is still possible.

You are correct that the price of Bitcoin can be very high, and it might be difficult for most people to buy an entire Bitcoin worth $100,000 or more.  However, it's important to remember that Bitcoin is divisible into smaller units called satoshis.  One Bitcoin can be divided into 100 million satoshis, allowing investors to buy fractional Bitcoins even on a budget.
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July 11, 2023, 10:47:45 PM
 #195

When you buy Bitcoin when the price is 100k$ then how much will you sell it back to make a profit at that time the price of Bitcoin might not exceed 100k$ and if the price didn't exceed that amount you will become a loser in the business so how do the vendors do at that time?
Or you buy at that time and think that it will go up to 200k$ but ironically, the price comes below 100k$. What will be your faith/fate? Many companies stopped functioning last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead, the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchanges are trying to avoid such mistakes so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
It is a normal thing in the market and it happened during the previous bull market cycles, and the scenario cannot be prevented totally because no one knows exactly where the market is going to top out.
   To answer your question from my perspective and from the little experience I got because I have once fallen victim to this during the 2017 bull market.

First I will wait to get a clearer picture of the market direction to ascertain that the trend has changed, and we are heading into another bear market, then I will sell immediately at a small loss to accumulate back at a cheaper price using the DCA strategy.

R


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July 11, 2023, 11:14:24 PM
 #196

When you buy Bitcoin when the price is 100k$ then how much will you sell it back to make a profit at that time the price of Bitcoin might not exceed 100k$ and if the price didn't exceed that amount you will become a loser in the business so how do the vendors do at that time?
Or you buy at that time and think that it will go up to 200k$ but ironically, the price comes below 100k$. What will be your faith/fate? Many companies stopped functioning last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead, the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchanges are trying to avoid such mistakes so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?
It is a normal thing in the market and it happened during the previous bull market cycles, and the scenario cannot be prevented totally because no one knows exactly where the market is going to top out.
   To answer your question from my perspective and from the little experience I got because I have once fallen victim to this during the 2017 bull market.

First I will wait to get a clearer picture of the market direction to ascertain that the trend has changed, and we are heading into another bear market, then I will sell immediately at a small loss to accumulate back at a cheaper price using the DCA strategy.
Unless if you are a holder then these conditions or situations wont really be that much of an issue on which you would really be just simply be able to hold no matter what the price but if you are
that someone who would really be having that kind of sell target then you should really be selling out on the peak. How to know the peak? This would really be depending on you because bull run isnt something that could be predicted on how long it would last. If you do able to sell on peak then its good but if not then you would really be needing to wait up for another cycle for you to
sell out specially if you do enter on the market on a very high price. This is why it would be always recommended that you should put up target profits or selling point.

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July 11, 2023, 11:32:42 PM
 #197

I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.
Funds will buy that believe that bitcoin will be very expensive, if we talk about large players. But besides this, there will also be ordinary retail investors who will believe that bitcoin can reach unprecedented heights, but history teaches us that buying on highs is a very bad idea and perhaps because of such rash actions you will have to sit under water for a very long time, with the hope of one day reaching breakeven again.

Only long-time market participants know how bitcoin works, and they won't be in a hurry to buy it at a high price. But when bitcoin hits $100k, it excites and creates a huge Fomo, new entrants will buy at that price and expect a higher price. That's how the market has worked for years now. As long as volatility persists, bitcoin still makes a profit, even if bitcoin is worth $1 million, there will always be a need to buy and sell.

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July 11, 2023, 11:36:25 PM
 #198

this is a problem that we will have if we use DCA strategy. I think for those who experienced in bitcoin investment, they will avoid some time to buy bitcoin. bullish market time is shorter than other bitcoin market phases cycle. but DCA is still profitable in bitcoin investment. what is not so good decision is using lump sum at wrong time, buy a lot of bitcoin when the price is in near peak of bullish market time. and for me the best decision is using lump sum at correct time which is in the stable price phase, which happens after bearish market time, like now.

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July 11, 2023, 11:37:56 PM
 #199

You may be new here but believe me these issues have been discussed when Bitcoin will be $1000 and also when it will be $10.000. You say who will buy Bitcoin when it will be 100k, there are those who expect Bitcoin to rise even higher, to reach 1 million dollars and beyond. Always aim higher prices. Bitcoin's deflationary nature allows this. The depreciation of the dollar and fiat money in general also contributes to this situation.
Don't worry, Bitcoin finds buyers at any price. Even assets that have no value can be sold at exorbitant prices, while Bitcoin has a purpose and value, of course it will have more users.

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July 12, 2023, 12:58:33 AM
 #200

This is how people bought Bitcoin when it was under $100
When it crossed $68k people still bought Bitcoin the same way it even more people bought it.

One thing to note is that the popularity of Bitcoin is increasing day by day and as the price of Bitcoin is increasing, it is catching people's attention. so as many people buy bitcoin now, if the price of bitcoin is $100k, more people will buy. Because then the excitement about Bitcoin will start
True. Also, a lot of people just don't know the basics of investing like buy low, sell high. So when they see BTC hitting new ATH I guess they think it will keep it that way, but they don't realize that a lot of people are gonna sell it at that point and lower the price.
It's not always like that, or at least at the beginning: I remember very clearly when, back on 2017, BTC reached $10k for the first time in history and a lot of people placed sell order just before $10k because everybody was sure that once we reached $10k then the price would have dropped and... It kept going up and up until almost $20k. After that we had a long bear market but for sure a lot of people who sold at ~$10k bought again at $12-14-16k because of the FOMO so they lost money not once but twice.

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July 12, 2023, 02:15:56 AM
 #201

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

I don't know of a single company that went bankrupt and folded due to buying Bitcoin at a high price. There was some companies like MicroStrategy which simply continued buying Bitcoin when it was cheaper to lower their average cost of acquiring it. Their Bitcoin investment is profitable again I believe.

THe bear market was brutal to some companies but in the case of FTX their insolvency issues were partly caused by holding so much of their funds in their own FTT token. If anything, it was not having enough Bitcoin (and other currencies) to process withdrawal requests that led to several companies collapsing.

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July 12, 2023, 10:50:24 AM
 #202

what is not so good decision is using lump sum at wrong time, buy a lot of bitcoin when the price is in near peak of bullish market time. and for me the best decision is using lump sum at correct time which is in the stable price phase, which happens after bearish market time, like now.

What is not a good decision for you might be a good strategy for others. For those who can be patient enough with the right prediction to know when the price is nearly peaking in the bullish market, they can utilize those opportunities by buying whatever they can afford to grab with the plan of selling off when the bull run comes. Those kinds of people happen to be short traders, and those strategies work very well for them, but most times the market usually goes against their prediction.
 
And what you considered a good decision is the time when the price of Bitcoin is in a stable state, fluctuating in the range of $30,000 Not going above that and not also going below that, to me, this is one of the toughest times for one to make an entry decision, for you never really can tell if it's going to break that stability by falling down a bit lower to the range of $28,000–$29,000 or if the price is going to break that limit and climb up a little bit. This pattern seems to be like a 50/50 kind of thing; either it goes sideways or it works in your favor.

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July 12, 2023, 02:36:31 PM
 #203

There are several groups of people will buy BTC when it reaches $100k and beyond:

1st group are those who are still in denial and that BItcoin is here to stay, they think of it as a ponzi etc but once we reach that price, many will change their opinion, like it happened in the past.

2nd group are those who think current price is too high and are waiting for BTC to drop more, but in reality they are really afraid to buy during bear and instead they will invest at the peak of bull when FOMO is the strongest. I know load of those who didn't want to buy from me when I had to sell some BTC @~10k, but where asking to buy once we reach $50k.  Cheesy

3rd group of people are those who are doing DCA on the regular basis and will keep buying BTC no matter the price. I fall into this group as I've been doing DCA for a couple of years now and my plan is to continue doing so when/if bitcoin reaches that barrier since it proved to be a very effective investment method, 

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July 12, 2023, 02:49:32 PM
 #204

There are several groups of people will buy BTC when it reaches $100k and beyond:

1st group are those who are still in denial and that BItcoin is here to stay, they think of it as a ponzi etc but once we reach that price, many will change their opinion, like it happened in the past.

2nd group are those who think current price is too high and are waiting for BTC to drop more, but in reality they are really afraid to buy during bear and instead they will invest at the peak of bull when FOMO is the strongest. I know load of those who didn't want to buy from me when I had to sell some BTC @~10k, but where asking to buy once we reach $50k.  Cheesy

3rd group of people are those who are doing DCA on the regular basis and will keep buying BTC no matter the price. I fall into this group as I've been doing DCA for a couple of years now and my plan is to continue doing so when/if bitcoin reaches that barrier since it proved to be a very effective investment method,
You forgot to mention the 4th group: They are newbies who are new to bitcoin and are dying to invest in it because seeing others getting great returns. They buy at any price without doing analysis, but when we start talking about the 5th group; then it is those who adopt bitcoin as a means of payment.

There will always be someone buying bitcoin at any price and trading never stops 24/7. But even if $100k is the new ATH, there is more potential to see bitcoin price go higher than $150k.

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July 12, 2023, 03:54:25 PM
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 #205

 OP the scarcity of bitcoin might affect it's price making it to surge high but what you have to understand is that no matter much bitcoin attains there must always be a buyer, there are multi millionaires and crypto experts who know the it's worth and understand that for btc to hit and all time high of 100k means that it still has a tendency to go further in future, therefore people would always patronise it no matter the price.

 However OP it is very important to buy and hodl now it's price has not attained 100k so as sell to rich investors and make profit when it gets to that points, so instead of missing out now the price is stable at 30k if you've got a spare cash you could purchase as much as you can to avoiding being amongst those that would buy due to FOMO.
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July 12, 2023, 04:00:32 PM
 #206

Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss.
It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.
Right now it will seem difficult but when the price of bitcoin has exceeded that and is higher for example then I don't think it will be much different from today.
Let's reverse the conditions now where bitcoin is at $30k who will buy bitcoin at $60k or even more? It seems impossible right? but this is if you talk about a few years ago where bitcoin was at the previous ATH price then when $60k was a lot to buy so this condition will also definitely happen if bitcoin breaks the price of $100k or even more.
Actually things like this depend on the problem of prices. Indeed now we find it difficult to buy bitcoin at that price but if bitcoin has touched that price and even if it is higher then the possibility of buying there is still possible.

You are correct that the price of Bitcoin can be very high, and it might be difficult for most people to buy an entire Bitcoin worth $100,000 or more.  However, it's important to remember that Bitcoin is divisible into smaller units called satoshis.  One Bitcoin can be divided into 100 million satoshis, allowing investors to buy fractional Bitcoins even on a budget.
Isn't that not too different from now?
We are also currently not required to buy bitcoin with 1 bitcoin or more because all have plans such as DCA and others although there are certainly those who can buy more than 1 bitcoin directly but such circles are a different group from us as ordinary investors.
There is nothing to argue about when asking who will buy bitcoin at $100k because even we don't really care about that and in the beginning who would buy bitcoin at $30k a decade ago and who waited for the decline like now or even when the price of bitcoin touched $15k when previously it was more than $60k.
Everything has a purpose and we don't need to bother thinking about such things because the flow will happen when the time comes.

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August 14, 2023, 08:22:38 AM
 #207

Institutional investors I pressume
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August 14, 2023, 10:55:47 AM
 #208

Institutional investors I pressume
Institutional investors are far more smarter, they are always here when the market is at it's lowest, they understood the game more than other investors, they have advisers and traders who gives them updates and good calls, these are the biggest investors in the space, do not think that they will do something stupid.

The truth is even if Bitcoin is a million dollars today some people will think that it's going to 2 million dollars soon, and they will keep buying anyway, it's easier to FOMO when price starts pumping and it's easier to shy away from the market when it's dumping.

It's better to understand the crypto market before taking an investment route yourself, there are few things many people still do wrong, and it's left for them to figure them out, if everyone knows what they are doing who are going to buy from the smarter ones?

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August 14, 2023, 12:00:42 PM
 #209

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
When Bitcoin was 6 thousand dollars, the question arose in my mind, who will buy this Bitcoin with 20 thousand dollars? But today I don't have to look for the answer to this question anymore. I now understand that even if the price of bitcoin reached 1 million bitcoins in the future, the number of bitcoin buyers will not decrease.

In a general way, notice that the price of gold is higher than before but the number of customers didn't decrease. Since many of us think of Bitcoin as digital gold, its number of buyers will not decrease rather its demand will increase over time.

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August 14, 2023, 12:18:44 PM
 #210

You forgot to mention the 4th group: They are newbies who are new to bitcoin and are dying to invest in it because seeing others getting great returns. They buy at any price without doing analysis, but when we start talking about the 5th group; then it is those who adopt bitcoin as a means of payment.

There will always be someone buying bitcoin at any price and trading never stops 24/7. But even if $100k is the new ATH, there is more potential to see bitcoin price go higher than $150k.
Firstly, 100k is a certain psychological level that can instill a lot of optimism in those who want to buy bitcoin, and secondly, I’m almost sure that after bitcoin reaches the price of 100k, we will see how everyone will talk about bitcoin from every corner, and will prophesy it is unrealistic high prices, this will encourage everyone who has not yet done so to buy bitcoin with the hope, that he will have time to buy, until the price reaches a million.
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August 14, 2023, 06:15:23 PM
 #211

You forgot to mention the 4th group: They are newbies who are new to bitcoin and are dying to invest in it because seeing others getting great returns. They buy at any price without doing analysis, but when we start talking about the 5th group; then it is those who adopt bitcoin as a means of payment.

There will always be someone buying bitcoin at any price and trading never stops 24/7. But even if $100k is the new ATH, there is more potential to see bitcoin price go higher than $150k.
Firstly, 100k is a certain psychological level that can instill a lot of optimism in those who want to buy bitcoin, and secondly, I’m almost sure that after bitcoin reaches the price of 100k, we will see how everyone will talk about bitcoin from every corner, and will prophesy it is unrealistic high prices, this will encourage everyone who has not yet done so to buy bitcoin with the hope, that he will have time to buy, until the price reaches a million.
When Bitcoin hits $100k there will be a lot of hype. Due to which more people will be interested in Bitcoin than the number of people buying Bitcoin now. After Bitcoin price hits $100k, its next ATH target will be $200k. when bitcoin price was like $100 no one thought that bitcoin price would one day cross $68k which is why everyone then sold bitcoin instead of holding it and now they regret it. So it's silly to think who will buy bitcoin when the price of bitcoin goes above $100k. at that time, instead of fearing Bitcoin, people will become more interested in Bitcoin. And there will be a huge hype about it around the world.

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August 14, 2023, 07:24:44 PM
 #212

Will the price pass 100k$ next year 2024 for buys to make their gain?

Nothing can be said for sure but expect the price of Bitcoin to move up to your given price. If you really want to invest then I would say Bitcoin is the best choice. if you want to buy other coins for short term profit then you can make more profit but in opposite direction. The risk is too high.

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August 15, 2023, 03:24:33 AM
 #213

There are several groups of people will buy BTC when it reaches $100k and beyond:

1st group are those who are still in denial and that BItcoin is here to stay, they think of it as a ponzi etc but once we reach that price, many will change their opinion, like it happened in the past.

2nd group are those who think current price is too high and are waiting for BTC to drop more, but in reality they are really afraid to buy during bear and instead they will invest at the peak of bull when FOMO is the strongest. I know load of those who didn't want to buy from me when I had to sell some BTC @~10k, but where asking to buy once we reach $50k.  Cheesy

3rd group of people are those who are doing DCA on the regular basis and will keep buying BTC no matter the price. I fall into this group as I've been doing DCA for a couple of years now and my plan is to continue doing so when/if bitcoin reaches that barrier since it proved to be a very effective investment method,
You forgot to mention the 4th group: They are newbies who are new to bitcoin and are dying to invest in it because seeing others getting great returns. They buy at any price without doing analysis, but when we start talking about the 5th group; then it is those who adopt bitcoin as a means of payment.

There will always be someone buying bitcoin at any price and trading never stops 24/7. But even if $100k is the new ATH, there is more potential to see bitcoin price go higher than $150k.
even in the bullish market trend the price volatility of bitcoin is still high, this situation gives opportunity for traders who trying to earn profit from trading. but for long term holders I think it will be better if they avoid that time to accumulate bitcoin. even I don't think that doing DCA at that time is wise decision.

Sepertinya sudah waktunya, kalau menurut saya lebih baik lump sum sekarang. 30/01/2024.
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August 15, 2023, 03:27:50 AM
 #214

The same question could be asked about who buys bitcoin at 30.000USD. The answer is simply: everyone that needs bitcoin at that time. People get used to any kind of prices pretty fast and see them as normal.
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