The claim that "when BTC is $500k, no one will care" reflects a speculative narrative about Bitcoin’s trajectory, but it warrants careful scrutiny. Proponents of Bitcoin’s price growth, such as analyst PlanB, argue that the cryptocurrency could reach $500k during the 2024–2028 halving cycle, driven by scarcity and institutional adoption [Medium article]. However, this prediction hinges on assumptions about macroeconomic conditions, regulatory developments, and market sentiment, none of which are guaranteed. The Reddit thread "Who will be buying when BTC is at $500k?" highlights skepticism about whether retail investors or institutions would continue to engage at such a price, suggesting that extreme valuations might shift focus from speculation to utility [Reddit post].

Conversely, the idea that "no one will care" risks underestimating Bitcoin’s potential to become a normalized asset class. Historically, price surges have often coincided with increased mainstream attention, not diminished interest. For instance, the Hacker News discussion notes that "the people who are angry about the idea of it will eventually not care enough to be angry," implying that extreme prices might polarize opinions rather than extinguish them [Hacker News]. Additionally, the Quora response about Bitcoin’s potential $500k target underscores the subjective nature of such forecasts, emphasizing that "this is only my opinion and not a guarantee" [Quora].

It is also worth considering the role of narrative in pricing. If Bitcoin achieves $500k, its story might evolve from "speculative hype" to "store of value," potentially attracting new demographics. However, this shift is not preordained. What factors do you think would influence whether public interest wanes or intensifies at such a price?

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