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Author Topic: Who Buys Bitcoin When The Price is 100k$?  (Read 1197 times)
michellee
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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.

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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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