Quote:
Originally Posted by tokmansta
Yes, but what will happen when it hits 100k and still not being used by the masses to buy stuff besides speculation.
Do you think people will keep holding when the price fluctuations/massive profits will stop?
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I was thinking about this one too, but I think most of the people already sold when making like 500% profit or so.. so lets say someone bought it at 1$/btc then he got out at 5$/btc... then again someone who bought at 5$/btc sold out at 25$/btc and so on.. So there is still someone buying no matter the price, that particular person is just simply buying lesser amount of btcs.
So no matter if it costed 1$ or 100$ or 1000$ the same person got into the game for the same amount only he bought less coins.