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Topic: If people stop buying bitcoin - page 32. (Read 7236 times)

member
Activity: 394
Merit: 10
February 26, 2018, 11:09:10 AM
it's happening all the people and the investors who want to buy bitcoin and I predict the bitcoin price itself will drop and it is not worth it anyway investors who have bought bitcoin will feel great loss. but this is not going to happen because now the bitcoin remains superior and becomes coin no 1
newbie
Activity: 112
Merit: 0
February 26, 2018, 10:57:19 AM
If people stop buying bitcoins...definitely there is a great impact into its growth. There is a great impact to its crypto market value. Other investors might be disappointed and soon withdraw their bitcoins too im exchange of real money or other cryptocurrencies. It's sad to think if this thing happens..but as a strong believer of BITCOINS...it's not gonna happen..if there might be some...many will still choose bitcoins and invest for it.
newbie
Activity: 88
Merit: 0
February 26, 2018, 10:48:02 AM
Why would people stop buying bitcoin when they are gaining benefits from it.

Some people might have lost faith in it after the sudden drop in its value but still a lot of people are still buying bitcoin and they will continue to do so.
newbie
Activity: 154
Merit: 0
February 26, 2018, 10:40:04 AM
I think this will make the other coins such as the ethereum can soar high price. Furthermore, it has the possibility of a very small considering the potential for bitcoin has an increasingly high price again for quite some time in the future.
member
Activity: 170
Merit: 10
February 26, 2018, 10:26:53 AM
If people stop buying bitcoins?
it all depends on ourselves, whether to sell or buy.
But I think every offer there must be demand, and no one stopped buying bitcoin because bitcoin sales always exist. If no one buys bitcoin, then the bitcoin is gone.
full member
Activity: 406
Merit: 105
February 26, 2018, 10:23:42 AM
If that is the case then definitely bitcoin will come to an end because how can it operates if no one will buy it? But that is too far from everyone's imagination most especially now that the bitcoin community is getting bigger from time to time. And bitcoin is getting popular to many.
full member
Activity: 424
Merit: 108
February 26, 2018, 10:13:04 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 people sell their bitcoin the value of bitcoin will gradually falls down. They will sell their bitcoin at the lowest price because of the bitcoins demand that falls into zero. The bitcoin will crash in the market and will causes a thousands of people to loss their investment in the bitcoin. And eventually the value of bitcoin will turn to zero.
If that is probably happened, I think the demand of bitcoin will fall down obviously. Because if no one will buy the demand is low and because of that I think the price or value of bitcoin will also falls down. But then for me, it will never happen because everyone who knows bitcoin wants to earn and to hold bitcoin because of its profirability.
member
Activity: 246
Merit: 13
February 26, 2018, 10:10:16 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 people sell their bitcoin the value of bitcoin will gradually falls down. They will sell their bitcoin at the lowest price because of the bitcoins demand that falls into zero. The bitcoin will crash in the market and will causes a thousands of people to loss their investment in the bitcoin. And eventually the value of bitcoin will turn to zero.
hero member
Activity: 994
Merit: 544
February 26, 2018, 10:07:36 AM
If there are no buyers, then the sellers will simply lower the price. And if at a low price no one wants to buy, then someone will have the Bitcoins in their hands that nobody want.

If no one will buy which is very impossible to happen then maybe the price of bitcoin will not move.  Or it will be the end of bitcoin as no one wants it anymore and which is impossible to happen.  Many people already knows the importance of bitcoin and how to earn money to it.  So this thing ia impossible to happen.
hero member
Activity: 1092
Merit: 500
February 26, 2018, 10:05:02 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 there should be a valid reason for the users to stop it, isn't right?
and if ever that happen the value of bitcoin will drop into zero little by little until there is some other altcoin will take place on bitcoin which is Ethereum and all bitcoin users will transfer unto it.
hero member
Activity: 2716
Merit: 904
February 26, 2018, 09:37:41 AM
If that will happen then bitcoin will die and maybe ethereum will take over bitcoin as the top crypto!  many investor will lose their investment and that's not good.
jr. member
Activity: 126
Merit: 5
February 26, 2018, 09:09:09 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 your hypothesis is true, then bitcoin will be difficult to circulate, its value will become lower and lower, and eventually it will become zero, which will become very bad for those who hold bitcoin.
sr. member
Activity: 812
Merit: 250
February 26, 2018, 09:08:27 AM
If there are no buyers, then the sellers will simply lower the price. And if at a low price no one wants to buy, then someone will have the Bitcoins in their hands that nobody want.
If there is no buyer then automatically the price will freeze so if it happens in a long time it will make bitcoin die, this also applies to all commodities so that if there is no buyer then market law is not applicable.

Then it will not be good for bitcoin.  Bitcoin survives because of the people patronizing and supporting it. But it will not happen as easy as that. If demand goes down then people can take advantage of that and purchase at its low price. So we can really trust in the potential and future of bitcoin.
sr. member
Activity: 518
Merit: 250
February 26, 2018, 08:55:55 AM
If there are no buyers, then the sellers will simply lower the price. And if at a low price no one wants to buy, then someone will have the Bitcoins in their hands that nobody want.
If there is no buyer then automatically the price will freeze so if it happens in a long time it will make bitcoin die, this also applies to all commodities so that if there is no buyer then market law is not applicable.
newbie
Activity: 11
Merit: 0
February 26, 2018, 08:35:18 AM
Of course it would be a disaster for the investors of Bitcoin and also for the Miners  Sad Sad Sad
full member
Activity: 448
Merit: 100
Diagon
February 26, 2018, 08:33:12 AM
If there are no buyers, then the sellers will simply lower the price. And if at a low price no one wants to buy, then someone will have the Bitcoins in their hands that nobody want.
full member
Activity: 434
Merit: 100
February 26, 2018, 08:30:56 AM
for me its imposible. bitcoin is most valuable cryptocurrency, so how people will stop buying it? and if thats happen imagine what is the effect of it. the most valuable cryptocurrency will down? no that wont be happen. thankyou
As long as bitcoin is not worth zero then bitcoin will be sold and bought, and the fact is that until now marketcap has reached more than $ 200 billion so everyone will sell and buy bitcoin.
Well, bitcoin is not only looked as a cryptocurrency but also as a valuable asset who had gained too much of popularity all across the globe and thereby making it quite high priced. And today this crypto is ruling the market and this is all because of the great potential which enables everyone to invest in it. So, I don't think that people will ever stop investing in it...

There are different types of people in the world and some of them is treating cryptocurrency as an asset so they hold it for a very long time and earn profit as the time goes by and some are taking trading as a full time job because they want to earn profit daily and use it for living so bitcoin will not die and people will never stop buying.
newbie
Activity: 67
Merit: 0
February 26, 2018, 08:26:58 AM
just like any other investment..of 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
.,.
newbie
Activity: 159
Merit: 0
February 26, 2018, 08:21:54 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.

Your question reminds me of a kind of Post Appocalypse scenario for the entire humanity. I guess it is the only if anyhow possible and reachable condition when the entire world present online can become indifferent to Bitcoin as the #1 crytocurrency. In other cases even under ban from a  national government to use it, Bitcoin is hopefully surviving.
newbie
Activity: 50
Merit: 0
February 25, 2018, 10:52:57 AM
No, it will not happen, not everyone will stop buying bitcoins. It is highly demanded now a days. And there is no reason that everyone will stop buying bitcoins.
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