Post
Topic
Board Bitcoin Discussion
Re: BTC to $500, are you still buying?
by
Jating
on 10/04/2025, 23:04:26 UTC
Pls don't misunderstand, just an assumption: if Bitcoin were to reach $500 again today, do you think people would still be willing to buy?

In my opinion, it would have two implications. Firstly, it would likely have ruined many people's investments and life savings, considering those who bought in at $10k, $20k, or even $100k.
Secondly, it would reinforce the skepticism of those who don't trust digital currencies due to their perceived unreliability. So, if it happens, would you still buy it?

Tweet that to Michael Saylor and see his reactions. You didn't mentioned though what are the circumstance first that will make the price go to $80k to $500? So that we can see your reasoning and if it possible.

And so it's hard to answer the questions without first understanding what event will lead Bitcoin to go this low.