If people stop buying bitcoin - page 16.

domari

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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.

I do not think it will happen. Basically there will always be sellers and buyers. So anyway it will not happen to me. We will never feel that way or anything. Requests will always be required.

Michellekking

newbie

Activity: 98

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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 bitcoins, then bitcoin will not circulate in the market, and its price will gradually decline and become zero. But I don't think that's going to happen, and now in the world, there are a lot of people who have invested in bitcoin.

play1ife

member

Activity: 100

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If people stop buying bitcoin nothing will happen, but if everybody start
selling bitcoin the prices will go down, but I think it will not be possible.

Vaemak

member

Activity: 280

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Supply and demand. If there is no demand, excess supply occurs and the unit price begins to fall. The falling price creates a market for itself, and demand starts to rise again. I think the bitcoin will never stop buying.

jakirdj95

jr. member

Activity: 224

Merit: 2

If Bitcoin is stopped buying, our investment will stop, because we will not be able to make money with Bitcoin, we should know that those who do not know Bitcoin will give their bitcoin relationship details and their investment will increase and our investment will increase.
And if Bitcoin is locked, the biggest danger will be trading because Bitcoin is not trading without Ether coins, so we should continue to operate Bitcoin transactions.

Tatyana20100

newbie

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Bitcoin is the most popular currency and I do not think that anyone will refuse to buy it, even now when the market so sagged.

pisston

sr. 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.

I do not think that someone will give up the opportunity to buy bitcoin. What does it look like? All sell and no one buys, I would like to see such a situation

and maybe even participated

No, this will not happen, bitcoin is always in demand and it will always be so.

cryp24x

sr. member

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I don’t think this is a timely question now that Bitcoin is on a very low price. People buy more Bitcoin nowadays not just because of its price but because of its value. It means that Bitcoin was widely accepted globally and people are now aware of the usefulness of this new technology like in Japan.

People will buy even at a higher price because they believe that Bitcoin is getting better. That is the reason why the price is getting higher. Trading is like that. Why we buy stocks of one company even if it is higher than its original price?

DU18

sr. member

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If people stop buying bitcoin then I think btc price will be down or will freeze in a position.Bitcoin price always depends on it's buyers.So I think if people stop buying bitcoin it won't be good for bitcoin and may be bitcoin will die soon after that.

mypat3op

full member

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If bitcoin will stop buying bitcoin then I think the price of it will goes down and it can be the thing that bitcoin will be end. But it is impossible to happen, bitcoin is very famous and bitcoin is being part of the daily life of a bitcoin users.

xhoondilan

member

Activity: 168

Merit: 10

If people stop buying bitcoin then it would be the end of bitcoin, the market would be decreasing until it will be back as what is it before, also bitcoin would be useless if people don't need it anymore, and for those who invest big amount of money on bitcoin will surely be wasting their time and money on bitcoin.

JoshPacAhlayeer

newbie

Activity: 42

Merit: 0

there is no how that Bitcoin can stop trading as far as there is use of internet people must definitely make use of it.
but if paraventure it stop trading it will only affect the prize remaining standby but it cannot reduce the prize

Rascar Capac

full member

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If people stop buying Bitcoin, then its price will collapse because the sellers will lower their price until they find a buyer and if the price of Bitcoin collapses, we can think that the whole market will plunge with it...

rightway00372018

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Quote from: scrototeabaggins on March 25, 2018, 09:52:38 AM

If people stop buying Bitcoin, Bitcoin loses its market value but then people will continue to invest in crypto money. If you do not buy bitcoin, they buy different crypto money.

It's impossible, even the market is falling many investors still buying and holding because they believed any time this year bitcoin will rise again.

scrototeabaggins

full member

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If people stop buying Bitcoin, Bitcoin loses its market value but then people will continue to invest in crypto money. If you do not buy bitcoin, they buy different crypto money.

danzo11

jr. 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.

You think what if the buyer does not exist but the high bitcoin availability may be the price will drop, but that does not mean bitcoin will be lost. because poeple who use bitcoin will change their behavior so bitcoin has resale value. but when I see what happens to bitcoin it is not possible to happen.

mahilchii

member

Activity: 560

Merit: 13

This will happen only when the world is going to be end or all the people will die due to world war3. You can see the market cap of Bitcoin and the demand for it now, as you said if no one is ready to buy or sell Bitcoins then that may be the last day for crypto and for the world.

okour999

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I know it's okay to stop them buying their price is stable but if they sell bitcoin they will be sure that bitcoin's price will decrease should keep the sales so the price of bitcoin will not decrease

zitbau

jr. member

Activity: 180

Merit: 3

This is probably the worst case scenario. If people no longer buy into bitcoin I am sure its price will drop to the lowest level. The anxiety and fear of the bitcoin owner will make them sell it massively and eventually the price of it will come back. zero .

valterkjellberg

member

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Merit: 11

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.

Yeah I don't regret it. I do regret not investing though. Around that time I actually wanted to invest in BTC too, thought at the very least it had a use case for the kind of stuff we were using it for, i.e. black market stuff. So that in itself gave it value. Talked to friends and family about it, and they all convinced me it was a stupid idea. So instead I held off.

Lesson learned, don't take investment advice from people who've never invested in anything themselves (and who didn't even know what Bitcoin really was at the time) in future Wink

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