Who Buys Bitcoin When The Price is 100k$?

[Poker Player]

-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.

[1715209944]

1715209944

[Yaunfitda]

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.

[Oasisman]

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.

[kro55]

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.

[bitterguy28]

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.

[Reatim]

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.

[mindrust]

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.

[Rupok]

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.

[adaseb]

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.

[riantolie]

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.

[laurenB7742]

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.

[YUriy1991]

"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.

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.

[sokani]

<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.

[Bazzu]

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.

[aoluain]

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.

[Gallar]

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.

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.

[SOKO-DEKE]

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.

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.

[Synchronice]

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.

[Negotiation]

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.

[sunsilk]

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.