Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.
The world is now digitalise where induction, orientation and serious campaign about bitcoin is prevailing but the major constraint for adoption is the price which had made old users to benefit from the system. For instance to own a bitcoin in my country is above a million naira. Where will one get this money from as a newbie. Let it not be as if there is no hope for us that are new to the ecosystem.
It sounds like you regret not buying Bitcoin earlier. However, the idea that Bitcoin's price could be deliberately reduced by 80% to make it more affordable is purely wishful thinking. Markets don’t function that way.
Bitcoin, like any other asset, is priced based on supply and demand. Its value is determined by market participants—buyers and sellers—rather than some central authority that can arbitrarily lower its price. If Bitcoin were to drop significantly, it would likely be due to market forces, not a coordinated decision to make it cheaper for new investors.
Moreover, the notion of warning all holders in advance so they can sell before a price drop contradicts how financial markets work. If such an announcement were possible, panic selling would likely drive the price down even further, creating extreme volatility.
While Bitcoin's price may seem high, you don’t need to buy an entire BTC, you can acquire small fractions (satoshis) over time. Many investors dollar-cost average (DCA) by gradually accumulating Bitcoin rather than waiting for an unlikely massive price drop.
If you're interested in Bitcoin, it's better to focus on understanding how it works and adopting a long-term perspective rather than hoping for artificially lower prices.