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Re: Who will buy Bitcoin at $4000 ?
by
avikz
on 03/06/2019, 14:42:39 UTC
Bitcoin went up from $1 to $4000 in 10 years  Roll Eyes But at $4000 who will buy bitcoins. Only buyers at $4000 will push people into buying Bitcoin and then they will sell and earn their easy profits.

My Newswire: https://dangerousmother.com (for the real world out there)

But $4000 is lots of money is USA. Bitcoin growth story looks over.

It's not a buyer's death spiral that you are thinking about! Bitcoin actually have a production value which is not very less at this moment. So it's not a early adopters who are pushing the next wave of buying but it is indeed the value that people see in it!

$4,000 is a lot of money in every corner of the world and the bitcoin's price is now around $8,500. People are actually buying it from the market with this rate which is double than what you think off. Frankly, I don't get the essence of what you are trying to prove!