If people stop buying bitcoin - page 21.

bitcoinsocial09

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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 will stop buying bitcoin I think it is the time that bitcoin will fall. The main source of every money is also from the people who manages it. And if there is no people will involve in bitcoin maybe the bitcoin will fall into 0 and it will become useless. Therefore we need a lots of people to make the bitcoin strong and only the one of us will help each other.

zedrickjuls

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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 then probably bitcoin will become useless and continue to drop it's price until bitcoin has no more value already.But I think this won't happen because there are still many people wanted to buy bitcoin

P60

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If people will stop to buy Bitcoin, it will cause a big impact to Bitcoin itself. The value of Bitcoin may drop continuously and it may affect the power of Bitcoin to last longer.

wallstreetcoin

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Quote from: Hexah on October 31, 2017, 06:00:26 PM

If by chance that there will be no one stop buying bitcoin then it will be totally not usable and no more value than what it was, because bitcoins value or price really determines the demand of the users who owns it. I don't think that it will happen right now and I don't think also that it will be because is the digital gold to be exact on this century in fact if you just hold or reserved it that would be a good asset because the future will lies in to a digital world.

Exactely! The price of BTC is an average of what it is currently being traded at. At the current stage, the only thing that could lead to bitcoins being worthless, is it being given away for free, which makes no sense at all.

jaylhynne018

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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 think its not because bitcoin deserve a people power that can give a wonderful future that's why if bitcoin is stay in our side it cannot convince people who cannot buy to it.

kidoseagle0312

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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 ALL BITCOIN USERS will stop buying it will surely decrease the value down to zero value. But that's not going to happen, meaning impossible particularly some of the country now are planning to regulate bitcoin which is hard to stop it isn't? Maybe for now lots of bitcoin holders so far are holding bitcoin in a long term.

dsaijz03

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Quote from: MadGamer on October 31, 2017, 11:09:28 AM

If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.

I agree with you, bitcoin is a strong and big name in crypto currency world and first comes up in mind when we say crypto currency.

snekinmyleg

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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 there is no one to trade in bitcoin, then I think that would be the end of bitcoin. But surely that will never happen

Davidbee

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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 cease to flow, its value will not be reflected, its price will become lower and lower, and eventually it will become zero. But I don't think that's going to happen, and now every day people around the world trade in bitcoins.

Markupoltit

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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 think that will never happen, it is very impossible that people will stop buying bitcoin. Day by day the price of it is increasing or decreasing, but moat of the people want to buy in a low price, because if they buy, they will just invest it and wait untill the price increases.

Joshapat

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If people stop buying bitcoin of course the price will be stagnant, everyone will give you an always cheaper offer, and this is the beginning of a big storm, I hope this does not happen in the near future, because I just started in bitcoin investing.

canque31

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Quote from: Uno17 on March 23, 2018, 08:18:37 AM

If people stop buying bitcoin at all, then bitcoin price continiously drop too, the more withdrawals that lessen the volume we hold and circulate in the market will tend to weaken the money market which we don’t want to happen the support system of the bitcoin comes from the weight volume we had and invested in, and users who keep on using and patronizing it.

If people stop buying Bitcoin which is a worst scenario the value of btc will slowly drop until it will reach the zero value. More people investing and buying Bitcoin the more demand it takes and the greater the value of it in the cryptocurrency world market. Reverse effect if support of people would gone.

cuteness

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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 such thing ever happen (which i doubt),i think i'll not consider myself as one ot those "people" since if there's a panic selling that means BTC's value will be very low, i'll buy them and wait for the time when it will rise again,then
i'll be the richest human thanks to you 😁😂

Uno17

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If people stop buying bitcoin at all, then bitcoin price continiously drop too, the more withdrawals that lessen the volume we hold and circulate in the market will tend to weaken the money market which we don’t want to happen the support system of the bitcoin comes from the weight volume we had and invested in, and users who keep on using and patronizing it.

lunnatic

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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.

Bitcoin is actually will died the price is keep going down because no demand. As long as people still interested with crypto this currency will usable, supply and demand will going smoothly.

oracleongoodbye

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If people stop buying bitcoin, demand for it will drop completely and bitcoin will immediately depreciate. While this development is impossible. Bitcoin has a steady demand, it just fell a little because of the accumulated shortcomings of bitcoin. However, a very sharp drop in demand for bitcoin is not expected in the near future. And what will happen next, time will tell. Roll Eyes

Goodday

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of course I think there will be a sharp decline going on bitcoin prices, to reach the lowest point if no longer drawn on bitcoin or investors who are not willing to buy bitcoin.

boddy.dy

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If people stop buying bitcoin it will be the dooms day of bitcoin. I can say that because we are all familiar with the supply versus demand. That if there will be no more demand then the supply will not be necessary. Just like in a business that if no one will buy your item you will not have a money to buy stuffs to sell. In some other point the price will decrees and if the price decrees its value will be gone. So we pray that people will buy or invest more here in bitcoin so that our investments will be more successful.

Danglen1010

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I think that would be the most horrible thing or nightmare to the company of bitcoins. The demand of the people is their lifeblood in the industry, once they lost it they will no longer exist in cryptocurrency.

BitcoinPaw

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If people will stop buying bitcoin we probably forget about this cryptocurrency in few weeks. No buyer no seller, that means bitcoin isn't interesting anymore.

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