Who Buys Bitcoin When The Price is 100k$?

[Fuso.hp]

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.

[MFahad]

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.

[WatChe]

$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.

[Peanutswar]

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.

[goldkingcoiner]

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.

[umbara ardian]

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.

[Victorik]

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.

[Dr.Bitcoin_Strange]

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.


Cheer 🥂, Dr.Bitcoin_strange👺👺

[inthelongrun]

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.

[Mate2237]

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.

[thecodebear]

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.

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.

[thecodebear]

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.

[Farma]

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.

[DudeAtWork420]

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.

[Gladitorcomeback]

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.

[darewaller]

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.

[nur rochid]

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

[ringgo96]

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$.

[ZAINmalik75]

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.

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.....

[DoublerHunter]

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.