Who Buys Bitcoin When The Price is 100k$?

[davis196]

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. 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.

[1715094802]

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[1715094802]

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[BRINIRHA]

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.

[MarjorieZimmermanGinger]

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.

[Minecache]

✂️
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.

[Inwestour]

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.

[Jawhead999]

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.

[rozak]

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.

[MiF]

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.

[fuguebtc]

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.

[leonair]

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

[isaac_clarke22]

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.

[hd49728]

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.

[Texac]

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.

[Nwada001]

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.

[darkangel11]

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?

[jeraldskie11]

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.

[AmoreJaz]

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.

[Oilacris]

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.

[Dr.Bitcoin_Strange]

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 👺👺

[SirLancelot]

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.