If people stop buying bitcoin - page 11.

bundjoie02

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Quote from: rosalyn07 on March 28, 2018, 10:40:00 PM

The demand curve is dependent in the demand for bitcoins. So if people stop buying Bitcoins, the demand will just go flat or go down if some people will sell. This is a simple supply and demand lesson and it's relationship to price. However, I do not see that happening early this yesr because things are just getting started with Bitcoin. A lot of people now would want to start investing and thanks to the social media, Bitcoins is one of the top choices to invest on right now.

If the people know what they can benefit from bitcoin, I don't think they will stop buying or investing from it. because we know that people are looking for what they can do to earn money and make a good living, and bitcoin is the key for that.

valentinen39

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Activity: 308

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Quote from: shamzblueworld on October 31, 2017, 11:05:50 AM

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

People will not stop buying bitcoins because it was really profitable and other people are using cryptocurrency to sustain their daily needs but if people someday will be tired on investing then i think that will be the end of the day of all the cryptocurrency since all the altcoins price is tether to bitcoins.

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

Quote from: shamzblueworld on October 31, 2017, 11:05:50 AM

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

Bitcoin demand decreases, it is certain that the price of Bitcoin will decrease. Since the price of Bitcoin is determined by the market demand, the fall in prices when nobody buys Bitcoin is a natural thing.

glongsword

full member

Activity: 314

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I don't think that it would happen someday, but if so, maybe the value of bitcoin will be stable and if they change their price, maybe it will too long of waiting. But i know that won't happen.

vincesmart

newbie

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if it happens follow the group , btc wont be able forever

goku21

jr. member

Activity: 336

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if people do not buy bitcoin and it's just stock the least bitcoin price will increase if they stock them for so long or so many years so we just stock our bitcoin

FrancePG

full member

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Quote from: shamzblueworld on October 31, 2017, 11:05:50 AM

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

People will buy bitcoin because they see the future in it. They believe in success and believe that it is possible to climb up. Therefore, they will always buy bitcoin.

Dotakels

sr. member

Activity: 490

Merit: 255

I think the people will not stop buying bitcoin but they will more interested in this currency and when the people will stop buying bitcoin there must be some other things which attracts the people and i think the bitcoin will be more popular and the usage will increase more than now the people will buy more they will not stop buying bitcoin recently the bitcoin bank is also started and that makes people happy and now they will start bitcoin deposit and bitcoin withdrawal from banks.

rainezerr401

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Activity: 294

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Quote from: shamzblueworld on October 31, 2017, 11:05:50 AM

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

If bitcoins price will decrease then all the altcoins in the market will also crash because all the ico's price are based on ethereum and eth coins are tether to bitcoins but we do not need to worry about that because the price of bitcoins will still keep on increasing as the time goes by.

WakinXXX

member

Activity: 126

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It is impossible that all have ceased to buy bitcoin because if someone ceases to buy it, some new guys become buyers. If people cease to buy bitcoin then as this cryptocurrency market survives as the bitcoin is heart.

Sniper150

sr. member

Activity: 357

Merit: 260

Quote from: shamzblueworld on October 31, 2017, 11:05:50 AM

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

If people stop buying bitcoin, I think bitcoin value rises, it will become limited in blockchain. People will stay hold their bitcoins in their wallet. If people also stop buying bitcoins, what will happen to altcoins?

Maybe if that would be happen that no one wants to buy, I think its price goes high. But, we couldn't say that no one wants to buy it because there are many people now interested in bitcoin.

Akbcryptomoon7668

newbie

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I personally have begun to move more funds into the strong alt coins. The transaction fee's are BTC's biggest problem!

Aleth

newbie

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Quote from: shamzblueworld on October 31, 2017, 11:05:50 AM

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

If people stop buying bitcoin, it will affect its value and will come to an end.. But since it is still profitable and valuable people will still be interested in it. Share to those open minded people and they will grab it.

Ironman07

newbie

Activity: 127

Merit: 0

Impossible because everypeople can't stop buying Gold!
BTC is gold on cryptocurrency

shfdj

newbie

Activity: 101

Merit: 0

I think your assumption is not valid. As long as there is interest, someone will do it. Unless the government is involved in the global ban on Bitcoin transactions, otherwise Bitcoin will not collapse, or think about how to make money from it, do not discuss this unrealistic problem.

rosalyn07

member

Activity: 244

Merit: 13

The demand curve is dependent in the demand for bitcoins. So if people stop buying Bitcoins, the demand will just go flat or go down if some people will sell. This is a simple supply and demand lesson and it's relationship to price. However, I do not see that happening early this yesr because things are just getting started with Bitcoin. A lot of people now would want to start investing and thanks to the social media, Bitcoins is one of the top choices to invest on right now.

skibikipapa69

newbie

Activity: 107

Merit: 0

If there is no demand for bitcoin then bitcoin would die out. Lets face it almost all products depends on their popularity to survive. If products become irrelevant then the product would vanished. But don't worry bitcoin is becoming more and more popular to just die out. People are going crazy over bitcoin right now and the demand for it is so high.

cokkapaga

legendary

Activity: 867

Merit: 1000

the price will down if the people is stop buying bitcoin. the price of btc is determined by supply and demands on the market or exchanges
but no need to worry bitcoin is the big community and many of people are interested in bitcoin to be bitcoin as an asset.

Mr.John19

full member

Activity: 350

Merit: 109

Quote from: Adapted on March 28, 2018, 02:59:03 PM

I think if people stop buying bitcoin. Bitcoin will be die and but i dont know if the other coin will be die. Because they said if bitcoin will die all coin/token also will die. But its not gonna happen. Because bitcoin investor and user are growing faster than we expect.

Absolutely right. If the people stop buying bitcoin. If that happens, we will come back from the where we begin. We will back on the on the paper money. That means the value of the bitcoin goes drop until the bitcoin disappear on this earth. But at the end it will not happen, you know why because there are a lot of people believe and still using the bitcoin as payments and others

Adapted

full member

Activity: 168

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I think if people stop buying bitcoin. Bitcoin will be die and but i dont know if the other coin will be die. Because they said if bitcoin will die all coin/token also will die. But its not gonna happen. Because bitcoin investor and user are growing faster than we expect.

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