Post
Topic
Board Speculation (Altcoins)
Re: If Bitcoin were to ever reach $100k
by
RoommateAgreement
on 15/09/2017, 05:54:09 UTC
Could you imagine the volatility on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5,000 to $10,000 price swings daily? That's insane!

what you are missing is that price of 1 bitcoin is a little misleading!
what you say is like saying 10000BTC is worth $35,000,000 and when it droppes it swings $1,000,000

that is the same with your future price. you are saying 100,000,000 satoshi is worth $100K and the swings of 100,000,000 satoshi are huge.
when you buy at $100K you buy $500 worth of bitcoin for example and when it swings around 5% your investment swings around 5% too. in other words it swings around $25