Who Buys Bitcoin When The Price is 100k$?

[TheUltraElite]

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.

[1715338448]

1715338448

[knowngunman]

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.

[mvdheuvel1983]

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.

[taufik123]

-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.

[RewFrew]

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.

[komisariatku]

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

[noormcs5]

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.

[NNRR]

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

[Faisal2202]

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.

[blackened515]

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.

[KiaKia]

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.

[Sayeds56]

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.

[nelson4lov]

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.

[Smartvirus]

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.

[Fivestar4everMVP]

@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.

[isaac_clarke22]

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?

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.

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.

[MFahad]

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.

[famososMuertos]

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)

[DeathAngel]

$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.

[panganib999]

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.