Post
Topic
Board Speculation
Re: How to play the 100K bitcoin price, when it seems most people want 100K to sell?
by
Stalker22
on 29/11/2024, 22:58:50 UTC
Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.
~

Whether or not a bunch of people are trying to offload at 100K, that dosnt mean everyone will.  For the price to keep on climbing past a hundred grand thou, you still gotta have more folks wanting to buy than looking to sell.  If enough people are still eager to get their hands on it, there is no reason the price cant shoot way higher than 100K.   

I mean sure, if mass quantities try unloading at that price then yeah, things might stagnate for a spell.  But bet your bottom dollar demand wont just up and vanish into thin air overnight.  And as long as strong interest sticks around, then sky is the limit in terms of how excessive this valuation party might get.