If people stop buying bitcoin have a worst and difficult situation that cause of problem for the some investor and trader of bitcoin they end of bitcoin in over the world then a value of bitcoin are decrease, in my opinion if the day is happened for this problem you can use your mind to help to reimprove again and dont stop to believe.
Bitcoin will die if people will stop buying bitcoin because there will be no more demand. It will have a great bad effect on different aspect. Investors and traders will lose their money because of bitcoin. The price will slowly falling and it cant recover anymore because no one buying it.
Topic: If people stop buying bitcoin - page 2. (Read 7236 times)
Technically, it would be impossible for everyone to stop mining Bitcoins as long as it provides tangible benefits (whether is it distribution of BTCs or transaction fees).However, with that being said, assuming that there’s no tangible benefits for miners or anyone to mine BTCs, I would expect that companies/individual holding large amount of BTCs would step in to continue the mining process (to ensure verification of transactions are ongoing).
Not possible, at least because of the black markets
The fact is that at this time people need BTC
The fact is that at this time people need BTC
There is only 21 million bitcoin is available for around 7 billion people in the world so it is not possible that whole 7 billion people will stop buying bitcoin because bitcoin is built on an amazing technology called blockchain.
It is happening at this moment, there is more selling than buying, and that is the reason of why the price is constantly going down.Anyway, i am not even worried about this, becase we all know that this is just a long term vision.
There is only 21 million bitcoin is available for around 7 billion people in the world so it is not possible that whole 7 billion people will stop buying bitcoin because bitcoin is built on an amazing technology called blockchain.
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.
To be honest I would prefer such a situation as this would mean less dumping of bitcoin and all other altcoins as will remain less volatileHow will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
and If people stop buying bitcoin completely it means prices remain stagnant or in other words stable but if more keeps being offloaded onto the market prices drop that's why we need a limited supply to push prices up.
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 per bitcoin its a serious issue. But including me there are lot more strong bitcoin believers. So I hope it will never happen. And if this situation got happened then the market demand and with its demand the value will also fall down. This leads bitcoin to its end. How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
For sure price will go Dow like any financial product
If people stop buying bitcoin have a worst and difficult situation that cause of problem for the some investor and trader of bitcoin they end of bitcoin in over the world then a value of bitcoin are decrease, in my opinion if the day is happened for this problem you can use your mind to help to reimprove again and dont stop to believe.
I think the law of supply and demand has proven that when demands dwindle down, the saturation of the supply in the market would make the product lose its value. That concept could be adapted with bitcoin as well. I think in the event that people would stop buying and patronizing bitcoin, it would slowly go down in value, until the time when it will die out. That's basically what happened with several altcoins during the time when bitcoin was surging.
I guess if people stopped buying bitcoin then that would mean it no longer has any value which would lead to a drop in prices, correct me if I'm wrong.
If people stop buying bitcoin have a worst and difficult situation that cause of problem for the some investor and trader of bitcoin they end of bitcoin in over the world then a value of bitcoin are decrease, in my opinion if the day is happened for this problem you can use your mind to help to reimprove again and dont stop to believe.
Bitcoin will die if people will stop buying bitcoin because there will be no more demand. It will have a great bad effect on different aspect. Investors and traders will lose their money because of bitcoin. The price will slowly falling and it cant recover anymore because no one buying it.
Just like any other investment, if we stop to buy btc will fall down the value and if sell are btc it will also fall down like any other investors..if thé demand is low value will low
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.
Then it step towards to the end.Because there is no demand.Here demand is a most valueable thing.If you don't have any demand you can't move forward.What do you think guys? Let me know.. How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
The demand of bitcoin decreases together with the price of it in the market and suddenly it will lose its value in the crypto currency world. But I think it will not happen and people won't let it happen because bitcoin helps them by means of financial aspects and they think this is the start of future currency in the world. Bitcoin knowns for being the foundation of any coin you'll see in the crypto industry, so there is no possibility of having removing it from the market. And I think bitcoin is just starting its journey and there are many years before another coin surpass it.
I do not think people will act like a fool? I believe that Bitcoin will reign in one day. So Why would people stop purchasing Bitcoin?
When people reign in then the bitcoin goes up which is why it has become the most successful currency in the world. That means that people are not a fool because they are buying it for all those reasons and they will continue to hodl for as long as they live. This is why bitcoin is becoming the biggest currency available.
i think many people will not let it happen because bitcoin now is could be an alternative job,so many people wouldn`t stop buying it because they can earn money on it without many doings,in bitcoin all you have to do is to wait until the price is getting high and if this happen you should sell your bitcoin but it depends on you.
That won't happen. In all the years that bitcoin has existed it did not happen. Why would it start now? Panic is not founded în real facts.
of course that wont possibly happen because the trend of bitcoin is still popular and aside from being popular , bitcoin is also useful in any ways , not just as a currency or for payment purposes but also as an asset or for business ideas.
but let say people will stop buying bitcoins , i think the value of it will never increase anymore rather it will only became stable and stuck at its current price if ever people wont sell their coins bit if they did sell their remaining holdings , then the btc value will proabably go down below zero.
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.
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
it will totaly end if no one will buy it, it will be useless for example if you have a business and no one will buy your product obviously you will close your business right? just like bitcoin we all know that its a decentralized currency so if no one buy it or invest on it it will lost its value it will be useless.
That won't happen. In all the years that bitcoin has existed it did not happen. Why would it start now? Panic is not founded în real facts.
If people stop buying bitcoin then the bitcoin market will stand still. Bitcoin will die and many people lose money because of bitcoin investment. Me too, if bitcoin stops growing I will lose a huge amount of money. Every month, thanks to bitcoin, I have more income to support my family.
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