Who buys Bitcoin at $500k

[philipma1957]

Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin has pass $50k but for me,we need a close watch.We are expecting halving in April, looking at the daily chart we see Bitcoin moving to $67k but I expect to see  retracement to $40k before any move so as to gather enough momentum.
Bitcoin has more buying pressure on it now than ever because of;
       ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins .
       Election would also have impact  on it move, because of general election coming up in over 50 countries of the world.
Inflation taking it lead.
Tension in economy of countries,etc.
But holding till September 2025 would be worth it since the bull run will last till then.
My question is who buys Bitcoin at that price..?
    Will the value of Bitcoin keep increasing after then?

okay I know what I will do if it reaches 500k by 2025.

Sell
sell
sell

[Bravut]

okay I know what I will do if it reaches 500k by 2025.

Sell
sell
sell

Yh to make more profits.
Will you sell all your Bitcoins then? Or you sell just a fraction of it.

[fzkto]

Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin has pass $50k but for me,we need a close watch.We are expecting halving in April, looking at the daily chart we see Bitcoin moving to $67k but I expect to see  retracement to $40k before any move so as to gather enough momentum.
Bitcoin has more buying pressure on it now than ever because of;
       ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins .
       Election would also have impact  on it move, because of general election coming up in over 50 countries of the world.
Inflation taking it lead.
Tension in economy of countries,etc.
But holding till September 2025 would be worth it since the bull run will last till then.
My question is who buys Bitcoin at that price..?
    Will the value of Bitcoin keep increasing after then?

okay I know what I will do if it reaches 500k by 2025.

Sell
sell
sell

You need to think about why bitcoin might be worth so much. Maybe it won't be about bitcoin, but about the huge inflation of the dollar. Then it will be safer to keep your money in cryptocurrency. Many people easily sold bitcoin for $1k and later regretted doing so.

[Coyster]

My question is who buys Bitcoin at that price..?

Anybody who wants to buy, people can buy Bitcoin whenever they want to. Bitcoin price right now is above $52,000, some people are actually thinking it is too high to get in now, whilst others are buying, this would be the same scenario when it goes as high as $500,000, some people would refuse to buy because they think it cannot rise far more than that, until they witness it get to $1m.

Having said that, both $500,000 or $1m is very far from now, Bitcoin price is not going to rise as high as this in a short period of time, it will take many years, coupled with a few more halvings, other events, and more demand.

[LogitechMouse]

But holding till September 2025 would be worth it since the bull run will last till then.

It depends on your plan. For me, as long as you will sell at the peak or near to it then it's all worth it. It's worth the wait when you sell your coins that you're holding at a profit.

My question is who buys Bitcoin at that price..?

Those who want to buy it.
Many also question that in the past. Who will buy Bitcoin at $30,000? At $40,000? At $50,000 and so on. There will, and will always be buyers at any price because they believe that they can still get profit even though the price is too high already. I guess this is also there reason why there is a thing called "Greater Fool Theory".

    Will the value of Bitcoin keep increasing after then?

As long buyers are way more than sellers then the price will continue to increase.

[AakZaki]

There will probably always be buyers even if prices get real high.  I reckon lotsa folks will buy just bits and pieces. Maybe we'll finally be counting satoshis soon. Makes me think back to a few years ago when people were wonderin the same thing. Could likely see history repeatin' itself.

Yes, like the question of who will buy Bitcoin at $10 $100 $1000 and even now it will reach ATH at $100k, it could even reach $500k. This can all happen easily when the upward cycle has occurred. The more Bitcoin pumps up the price, the more people will always buy it even though the price is quite expensive. All of this requires a process and certainly won't happen overnight.