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Topic: If people stop buying bitcoin - page 36. (Read 7236 times)

sr. member
Activity: 630
Merit: 250
February 19, 2018, 03:15:55 AM
If people will not buy it, and loose interest towards bitcoin, it will not exist. That's it.
sr. member
Activity: 533
Merit: 251
Streamity Decentralized cryptocurrency exchange
February 19, 2018, 03:11:03 AM
Why would they even stop buying bitcoin? I am pretty sure bitcoin holders would happily accept discounted prices to increase their bitcoin bag. I am included even. I don't see any reason that will hold people from buying bitcoin.
member
Activity: 350
Merit: 15
February 19, 2018, 03:00:04 AM
When people stop buying Bitquin, the price will fall to the previous level of 6500, but not lower than this price because this price is the real price for users at this time
newbie
Activity: 84
Merit: 0
February 19, 2018, 02:51:07 AM
I don't think it will happens. 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 and hard working online for currency ,they not stop buying bitcoin.
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
February 19, 2018, 02:18:02 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.
Your question is predicated on the wrong notion that Bitcoin is a commodity. Buy and sell! Bitcoin is much more than that. Bitcoin is the vehicle through which the blockchain is driven. It is a system of efficient peer to peer payment, disruptive technology, immutable financial transactions. These are activities that cannot be stopped. That is why bitcoin is what it is, Bitcoin.
full member
Activity: 336
Merit: 121
February 19, 2018, 02:13:19 AM
According to me in real it is not possible that stop buying bitcoin. But if unfortunately such happen that people stop bitcoin then it means bitcoin will lose its demand in market and if demand start falling then price of bitcoin also start falling according to demand. Because price of bitcoin is directly proportional to demand and inversely proportional to supply of demand.
newbie
Activity: 30
Merit: 0
February 19, 2018, 02:11:18 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, demand will decrease. This will reduce the price and then I guess more people will buy. Smiley
full member
Activity: 434
Merit: 102
February 19, 2018, 02:05:28 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.
Would that be impossible to happen maybe if people getting less interest to crypto currency probably price would drop significantly. if less demand for sure price will goes down and it occasionally happen during bear market. but for your question if it is possible to people stop selling its impossible to happen.
Price drop is also not for ever because some time price use to get so high and then at the moment price use to get high again. For bitcoin it is casual and often happening that price increase and decrease but still if we look at price in December price of bitcoin was almost 9k and now it is again 20k so it is just because people trust and buy bitcoin, the more people buy bitcoin the more price increase, so it is quite impossible for people to stop buying bitcoin.
member
Activity: 208
Merit: 10
February 19, 2018, 01:04:33 AM
if no one buys bitcoin it means that no one invests, if there is no investment activity then bitcoin will close, and also all members in this bitcoin will likely lose their jobs, hopefully that does not happen and hope more and more people are willing to invest in this bitcoin hopefully the worries did not happen.
newbie
Activity: 19
Merit: 0
February 19, 2018, 01:04:18 AM
In the case of bitcoin, the money supply will grow until 2140, however, since this is a previously described and therefore predictable process, it does not lead to the above-described negative consequences. In July 2016, the premium for calculating the hash was reduced from 25 to 12.5 bitcoins. On the eve of this event, the price of bitcoin has increased significantly, from about $ 450 to $ 750. The price growth stopped when the premium decreased, so it can be assumed that when the arrival of new bitcoins again halves again - probably this will happen in July 2020 - the price of the crypto currency will again jump up. The same should happen in four years.

full member
Activity: 238
Merit: 100
February 19, 2018, 12:59:59 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 for sure the value of it will go down and yes, it can still be used because it can still used for transactions worldwide, but some people won't be proud of bitcoin anymore because it's potential of increasing will no longer happen. However, I won't say that it will step towards the end because it is still useful, but it cannot be called an asset to other people and can be considered as a normal digital currency.
newbie
Activity: 79
Merit: 0
February 19, 2018, 12:51:48 AM
Cost of bitcoin will go down according to the portrayal of supply, demand and value relationship. On the off chance that everybody would simply hold their bitcoin, at that point monetary status will go down. Devouring is a piece of the economy in light of the fact that the gold or esteem moves around the economy. Somehow, I don't imagine that individuals purchasing bitcoin on the grounds that Bitcoin itself is helpful as a mechanical money or digital currency.
jr. member
Activity: 318
Merit: 1
February 19, 2018, 12:44:35 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.
This will never happen, now at bitcoin the road is only ahead. Well, if this could happen, it would simply become useless to anyone.
 
jr. member
Activity: 168
Merit: 1
February 19, 2018, 12:43:41 AM
yes, I believe, if people stop buying bitcoin, its value reaches $ 0,
But I do not think that will happen.
  bitcoin will go bust, I think it's funny.
newbie
Activity: 59
Merit: 0
February 19, 2018, 12:41:11 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.

Have you ever thought what if people don't eat.

I failed to understand these what if scenarios. However, if people stop buying Bitcoin it will seize to grow further as there will be no demand. But it is next to impossible as it is not possible that world over will decide to not to buy in a same day.
full member
Activity: 280
Merit: 100
February 19, 2018, 12:34:30 AM
bitcoin is the best currency in crypto so I think people will not stop to buy it because everyone will sell and the other will buy.
newbie
Activity: 238
Merit: 0
February 19, 2018, 12:14:21 AM
The market gets stagnant if people do not get coin. Sellers can not make money unless they buy and sell.
newbie
Activity: 89
Merit: 0
February 18, 2018, 11:57:25 PM
Thats not possible. BItcoin has secured its market in crypto world and is never going to change ever no matter what.
member
Activity: 191
Merit: 10
February 18, 2018, 05:38:49 PM
Bitcoin processing is investment based. for this reason when people invest in bitcoin the price of Bitcoin increases and when people do not invest in Bitcoin or buy and sell Bitcoin the price of Bitcoin decreases.So if people stop buying Bitcoin then the price of Bitcoin will be decreased and at last Bitcoin will be destroyed.
full member
Activity: 311
Merit: 100
February 18, 2018, 05:36:19 PM
if I see how bitcoin is now then my bitcoin answers will never stop to be bought by people and of course people who are experts will take advantage of it if a little bit interested in bitcoin
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