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?
If that happens im going to buy a lot, but since its just a dream since , there is no way we are going to see that price, and as other said lots of people will buy, since they know what can happen a few bitcoin in that price is enough and keep it, sometimes you need to gamble on something, since we never know what could happen next, only people know the real value will not think twice.