Pages:
Author

Topic: If people stop buying bitcoin - page 18. (Read 7236 times)

member
Activity: 406
Merit: 10
The Exchange for EOS Community
March 24, 2018, 08:06:29 PM
The bitcoin price is determined by the market demand and without it, the bitcoin price is dropping down to zero. The bitcoin has a self-stabilizing economy where the bitcoin price in the market is based on what buyers are willing to pay. Once the people stop buying bitcoin then the bitcoin is nothing but history.
Once I saw the big profit from this market, why did not I buy it? In case people stop buying bitcoin can only be because their government has issued a strict ban, then I think they stopped buying.
sr. member
Activity: 1572
Merit: 267
March 24, 2018, 07:27:03 PM
It is not that handy to create bitcoin die, because the current supply is yet hostile to and yet mined. after all,bitcoin is still a insinuation for altcoin, and if bitcoin stops purchased there will be no magnification in the price, and this will have a negative impact regrading altcoin. it is definite, anything must be nothing immortal, but I realize not think this is the mature to discuss the subside of bitcoin marginal note, because there are many investors and subsidiary users who still survive once bitcoin.

One bird said to the other bird  "I don't want to be the best". To which the other bird replied. "I understand you."
sr. member
Activity: 1572
Merit: 267
March 24, 2018, 07:20:13 PM
I bought some more bitcoin today. No worries mate.

Talk is cheap..

BTW. Did it hit 7000 usd or what. Would not deny any predictions.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
March 24, 2018, 07:18:36 PM
The bitcoin price is determined by the market demand and without it, the bitcoin price is dropping down to zero. The bitcoin has a self-stabilizing economy where the bitcoin price in the market is based on what buyers are willing to pay. Once the people stop buying bitcoin then the bitcoin is nothing but history.
member
Activity: 336
Merit: 10
March 24, 2018, 03:56:14 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.

Bitcoins price is depending on the amount of supply so obviously, the value of coins will decrease if people will stop investing but as of today, there is no doubt that the price of bitcoins will increase continuously due to the new investors that keeps on coming in the market.
full member
Activity: 434
Merit: 117
March 24, 2018, 11:28:17 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.
The outcome will be bad! If the bitcoin stop buying bitcoin then the value of the bitcoin will decrease so much. There is also a possibility that the bitcoin will die if the people will stop buying bitcoin.
newbie
Activity: 196
Merit: 0
March 24, 2018, 11:24:16 AM
Bitcoin will drop down to no value in a matter of days as news of people not buying bitcoin will spread like wildfire. But, as of the current number of people trading in bitcoin, if a crash did happen it will just affect a small percent of the world population.
full member
Activity: 378
Merit: 101
March 24, 2018, 11:17:27 AM
Well for me if people stop buying bitcoin it will not led to the end of it but..  It will only stabilized the prize since the market is no longer moving.. Beside even though people stop buying it, it will still be circulating around the world because most people who have it will  still be making use of it for their daily transaction
full member
Activity: 1316
Merit: 105
March 24, 2018, 11:05:07 AM
If people stopped buying bitcoin I'm guessing the price will go back to zero since it no longer has any value as the value of bitcoin depends on principles of supply and demand.

the probability of such occasion is near zero because always there are people who want to buy bitcoin at low price. so when the price goes down someone will buy bitcoin.
newbie
Activity: 127
Merit: 0
March 24, 2018, 10:54:13 AM
If people stopped buying bitcoin I'm guessing the price will go back to zero since it no longer has any value as the value of bitcoin depends on principles of supply and demand.
newbie
Activity: 122
Merit: 0
March 24, 2018, 10:47:26 AM
Definitely if it happens that there is no demand for bitcoin, then the price will decrease since bitcoin pricing thrives on the phenomenon of demand and supply. But I think that is highly impossible since the demand for bitcoin is always rising and there is not going to be a time when people will stop buying bitcoin.
legendary
Activity: 1330
Merit: 1003
March 24, 2018, 10:37:40 AM
Well if everyone stopped buying bitcoin and selling bitcoin then the value of bitcoin would crash and return to zero because for people to stop buying it means it's no longer of any value to them which is why they stopped. So bitcoin will no longer any value and people would move on from it I guess. This is unlikely to happen but in the event that it does happen then bitcoin would lose all it's value.
member
Activity: 952
Merit: 41
March 24, 2018, 10:19:07 AM
We are all aware that bitcoin operate on the economy law of demands and supply and at that bitcoin depends on the people for it to succeed because once the demands is no longer coming the price will start going down and people will be forced to back out of the market and bitcoin will be forgotten in a short period. The community is the base rock of bitcoin that is why it is call peer to peer means of sending money.
member
Activity: 523
Merit: 10
YOUC - https://www.youengine.io/
March 24, 2018, 10:05:20 AM
If peoples stop to buy bitcoin, of course bitcoin value will go to zero because no one want to use bitcoin anymore.
But i think that is impossible. The demands of bitcoin still high, peoples want to hold and use bitcoin for investment.
jr. member
Activity: 97
Merit: 3
March 24, 2018, 10:02:43 AM
People wanting to stop buying bitcoin won't happen overnight, that's for sure. We people are the one's who keeps bitcoin and other crypto coins alive so we are also the one responsible on making bitcoin profitable and alive as years go by. If ever but still impossible, people tend to stop buying bitcoin, then bitcoin won't die because we are still holding a part of bitcoin that we can decide either to sell it in a cheaper amount or hold it and wait for it to pump the price again.
sr. member
Activity: 364
Merit: 267
March 24, 2018, 09:09:46 AM
I don't think it will happen. There is no reason. The demand is high and will be high too as day by day more people know bitcoin and its potential. people are eager about bitcoin, they do not stop buying bitcoin.
With the current situation of bitcoin it is somehow impossible because it is being considered as the number one cryptocurrency around the world and if someone is worried about people will not buy bitcoin anymore it would not be happening in the near future because we all have our own minds in which we decide what to do with our coins.
newbie
Activity: 47
Merit: 0
March 24, 2018, 08:21:37 AM


 In today's time it's hard to buy a bitcoin because some people might lose their weight or lose because of the high bitcoin value Grin
newbie
Activity: 83
Merit: 0
March 24, 2018, 08:17:47 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.

Same thing happens if people stop buying anything. At absence of the demand of buyers, the price of BTC will eventually go to zero.
newbie
Activity: 140
Merit: 0
March 24, 2018, 08:12:53 AM
I do not expect such a thing to happen but if it happens there will be a price drop because it is the level of demand that always pushes the price.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
March 24, 2018, 08:08:21 AM
I don't think it will happen. There is no reason. The demand is high and will be high too as day by day more people know bitcoin and its potential. people are eager about bitcoin, they do not stop buying bitcoin.
Unless all government around the world does not allow and decide to remove bitcoin or bitcoin disappear without reason, otherwise, stop buying bitcoin that will never happen because exactly as you say, the market is very vibrant and beloved bitcoin, bitcoin is slowly gaining trust and it is still very attractive when investing in it will bring a wealthy opportunity, people will not miss this opportunity. However, if the worst situations that I say happen, perhaps bitcoin will become a sad past for so many people, it may even be the time a lot of people commit suicide
Pages:
Jump to: