Post
Topic
Board Speculation
Re: If bitcoin were more than 100K, how much you would buy?
by
feelivent
on 19/10/2018, 11:55:22 UTC
That only depends on the availability of my money because that's really a big amount if you wanted to buy it as a whole. For me, i will just have a slice of it of 2,000$ maximum and that will be pretty good figure for me to hold.
if bitcoin is worth that high and there has been a correction then bitcoin deserved to have such a high price and of course I would buy
it with the financial ability that I had at that time, the price would not rise that high if there were no important things behind it
Do you think that bitcoin will ever reach to $100k? If you think so you are the foolish person on this earth. The price is not able to cross $10k and you are talking about $100k. Anyway if the price reaches to $100k nobody will put his money in it because this price is not valid for a single coin investment. We want such a price which is reachable and affordable for everyone.
In the future when bitcoin take over the currency market and it is used as regular currency in local markets nobody will price bitcoin because there would be no other currency in the market and the whole world will use only bitcoin. US citizens use dollar in the markets and when you use bitcoin like your local currency you will never compare bitcoin with any other currency.