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Topic: If people stop buying bitcoin - page 15. (Read 7236 times)

hero member
Activity: 1134
Merit: 517
March 25, 2018, 03:52:25 PM
Why are you guys expending your energy and time on non issue? The first thing should have been to supply answers to the following queries, begging for answer:

1. is it possible that everybody could stop buying Bitcoin?

2. if so, what reasons can lead to such a situation?

It is only after the questions above have been answered in the affirmative that people can then draw the conclusion that the price of Bitcoin would head to zero. Until then, there's nothing imaginable that would make all people stop buying Bitcoin, even the governments ran into brick walls in trying to ban it. Bitcoin is simply a revolution whose time is now!
newbie
Activity: 280
Merit: 0
March 25, 2018, 03:16:31 PM
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.
Anything that is unused comes to an end inevitably. So, if people stop using Bitcoin than in my opinion another altcoin will surpass Bitcoin and people will use it as a cryptocurrency. Bitcoin price goes very low in this scenerio.
member
Activity: 125
Merit: 14
March 25, 2018, 03:08:10 PM

People will not stop buying bitcoin, manipulators will not let them out, manipulators are those people who control the price of the market, they are all in a tune
newbie
Activity: 154
Merit: 0
March 25, 2018, 03:01:39 PM
I think that bitcoin will die with outher cryptocurrencies almost instantly. It's strange question because everything will stop working if we have no demand on it.
jr. member
Activity: 85
Merit: 2
Join The Blockchain Revolution In Logistics
March 25, 2018, 02:50:56 PM
if there's no demand, of course the price will go to zero. But talking about Bitcoin, I think it's at least highly unlikely.  Cheesy
full member
Activity: 208
Merit: 100
March 25, 2018, 02:49:21 PM
If people stop buying Bitcoin, Bitcoin value will be zero. It derives its price from people demand. I don't expect this to be realized in the next few years.
full member
Activity: 453
Merit: 100
March 25, 2018, 02:36:09 PM
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 will obviously die in the future if people will stop investing on it because the prices in the market is always depending on supply and demand so if no one will get interested to invest then the value will reduce until it dies.
You are right, for sure if people will stop to buy bitcoin then we are all dead as well, but for sure that won't happen as everyday more demands are really increasing everyday so I don't think that it will happen that bitcoin will gonna die unless internet will vanish.
hero member
Activity: 1078
Merit: 501
March 25, 2018, 02:35:06 PM
obviously total crash. If no one wants to buy then there is no value. However, you could say if btc is the only currency is exchanging goods and service the same as purchasing?
Yes true, within a day bitcoin prices will fall tens of percent even in a short time is not worth it, therefore we must dare to take risks if we invest bitcoin and never think to gain profit.
Well volatility of bitcoin is very common so you don’t need to be worry about the price of bitcoin, at the same time try to manage your emotions when you see people are not investing in bitcoin because your emotions and your positive thinking matters a lot, people are now educated and they knows the worth of new technologies and they know the use of internet, so I don’t think people will ever stop buying bitcoin ever, bitcoin for me is ever green currency, it has long life, people are investing and buying bitcoin because bitcoin gives them better life than fiat and their only regular job.
full member
Activity: 378
Merit: 100
March 25, 2018, 02:32:27 PM
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 will obviously die in the future if people will stop investing on it because the prices in the market is always depending on supply and demand so if no one will get interested to invest then the value will reduce until it dies.
full member
Activity: 294
Merit: 105
March 25, 2018, 02:02:13 PM
If people stop purchasing bitcoin the price of it will decrease and drop because the demand for bitcoin lose and become zero so the possibility of its cost will reduce. But I think I will never happen; even there are some many articles and news that giving bitcoin a negative effect people and traders will never stop buying bitcoin because they won’t let happen that their investment will waste.
newbie
Activity: 43
Merit: 0
March 25, 2018, 02:01:26 PM
I think it is justifiable that bitcoin price will going down. Because this is the law of demand and supply: if demand is high, the supply is low, in that way the price of bitcoin will grow up. And if demand is low, the supply is high; in that way  the price of bitcoin will go down. so the price of bitcoin were really affected if every time the number of demand and supply change.
newbie
Activity: 84
Merit: 0
March 25, 2018, 01:54:30 PM
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 bitcoins, everything now. It's all over. Bitcoin loses its currency, it becomes worthless, and the price will be low. I don't think that's going to happen in a short time, because now bitcoin has a lot of supporters around the world.
newbie
Activity: 224
Merit: 0
March 25, 2018, 01:53:47 PM
If people stop buying bitcoin, then it will fall. But I do not believe in it. Every day more and more people are investing in bitcoin new means. This only increases its value. Crypto currency continues to interest more and more people and this pushes the price upwards
full member
Activity: 350
Merit: 105
March 25, 2018, 01:43:32 PM
If people stop buying, I think bitcoin price become $0 and that's the end. But bitcoin is very powerful these days, anyone want's to invest but other's think it is a scam. If there's no demand on bitcoin the value is going down. We are entering on digital world so we need digital currency.
member
Activity: 378
Merit: 12
March 25, 2018, 01:38:38 PM
The market will react like he is reacting on every new shitcoin, bitcoin will lose his price and people will stop using it
newbie
Activity: 106
Merit: 0
March 25, 2018, 01:38:18 PM
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.

As the demand drops, the price will also drop. Just like back in 2009 when no one is interested in btc.
full member
Activity: 280
Merit: 101
March 25, 2018, 01:29:38 PM
If people stop buying bitcoin its price will drop to 0, as will the price of any other asset that people do not need. IMHO
full member
Activity: 827
Merit: 100
March 25, 2018, 01:28:53 PM
I think that will not happen, nowadays many people want to hunt for bitcoin in large amounts for investment, if anyone stops buying bitcoin it is only those who suffer huge losses and have no trading skills or investment....
newbie
Activity: 322
Merit: 0
March 25, 2018, 01:26:13 PM
If the people stop purchasing bitcoin then there will be many problems in the currency market. Investment in bitcoin will stop. Other currency currency exchanges will be closed. Not only that, many people will face losses. And many others business will stop for this reason.
newbie
Activity: 8
Merit: 0
March 25, 2018, 01:21:17 PM
Hi,

To make this quick and simple. A lot of people have got into getting bitcoin early and there is a lot of stories of lost coins; That's including 6 of my own. If you can't take out the Blockchain. it will forever have a value. it might go $1-$100 and if it does i will dump all my Crypto there and Hodl for a while.  Roll Eyes
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