Topic: If people stop buying bitcoin - page 38. (Read 7236 times)
BITCOIN only has its value because people believe that it is worth something. IF and only IF people stop buying bitcoin means that bitcoin's value will be lost. Its like 'supply and demand' based. Once the demand stops, the supply (bitcoin) will fade/disappear.
If people stop buying bitcoins, then the rate will drop, and buy it at a lower price, but the question is: will it be then then acutely?
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 don't think it will happens. Basically, I suggest you take a long and hard look at why you’ve got Bitcoin in your wallet. Do you intend to make use of it, or are you just letting it stagnate, waiting for the value to rise like the rest of the market? How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
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.
Upcourse it will lose the value of coin and when it could not circulate. Every coin can make the future new and a litte bit coin can change everything. When there has no supply, the coin must not use or it could be died.
It is very unlikely to happen but suppose that this does happen for argument reasons, as long as circulatiom of bitcoins is still going on I don't think bitcoin would "die." The value would suffer losses but it would jot reach the point of death in my opinion, although bitcoin is highly unstable there is a powerful technology behind it that protects bitcoin from these worse-case scenarios. I don't believe bitcoin would go to the point of death in the market. It would only suffer losses.
It is unlikely that people will stop buying bitcoin, but their interest in it will become lower. Now people pay attention to a more technological cryptocurrency, which has a real use like Ether. So i guess that the days of bitcoin domination are numbered. It will be bought by people, but only in small quantities.
People stop buy.btc if. Btc price go down until 0
nothing will happen to bitcoin, bitcoin is here to stay regardless its adapted or not. theres a very powerful technology behind bitcoin.
In my opinion, this won't happen. First of all because Bitcoin is getting adopted day by day, weak hands are shaken out from the market so Bitcoin price (not value) is more appealing and not overvalued due to people's greed, which investments aren't backed by any biased.
The second reason, those that take advantage the most from Bitcoin are retailers and big players, either companies, E-Commerces or freelancers.
Third reason, is hard to pay your bills with Bitcoin, but most likely you can live off Bitcoin alone (even without cashing out the money into your bank account).
The second reason, those that take advantage the most from Bitcoin are retailers and big players, either companies, E-Commerces or freelancers.
Third reason, is hard to pay your bills with Bitcoin, but most likely you can live off Bitcoin alone (even without cashing out the money into your bank account).
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.
for me if people stop buying bitcoin, i think bitcoin is useless and most of all will become priceless. and I think it will affect the crytocurrency of bitcoin, it will create a problem to the seller because of lack of buyer and no one can earn a good profit if will happen so it's better not.
Bitcoin will end up being the digital version of gold.
People will sell bitcoins without hesitation if they lose faith in them. Having no clear idea of where Bitcoin is heading, investors can not count on anything and believe in anything. Many people were rewarded for the early investment in "cue ball", but the future is too vague.
The current market of bitcoins is extremely volatile. Fear, uncertainty and doubts all too often emerge in the community of miners. If they even have a hint that bitcoins can become illegal, that they can be hacked, infected with a virus or somehow damaged the system, the price will fall catastrophically, because people in a panic will want to sell them as much as possible.
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.
Bitcoin is emerging technology, it has clear roadmap and solid dev team that make it impossible no one will not buying it.
Next big thing is Lightning network which will fix the scalability and I believe this value will make it go to the moon.
I think ppl will stop buying bitcoin if the development stuck and stopped. No more usage of this coin and the price will jump to the the ground.
I've been thinking about this. If people stop buying Bitcoin but others cash in then I think the price will go down. But if it's mostly those traders buying and selling every day then the price won't go up much or down. And then the folk holding will lose out as everything will stay the same. If people buy and hold then the price will go up. So I suppose that is best for a good profit.
The word "if", poses another question which is " why would people stop buying Bitcoin",just trying to see situations that could call for people not buying Bitcoin.Some factors could warrant buying to drop to a certain level but not a complete scenario of people not buying.
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 do not buy bitcoin, then bitcoin loses its liquidity, its value will not be reflected, and the value of bitcoin will become lower and lower and eventually die. But I don't think it will happen. How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
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.
If people stopped buying bitcoins, then pricez of bitcoins will plummet until someone buys them at a super cheap price like <$1. If that happens, no one will sell anymore. Bitcoin support will die and eventually bitcoins will die in the process. Alt coins will take over the market when bitcoin dies.
If the people will stop buying bitcoin then there will be no demand that will support the price to stay at the certain price point and it will just make the market goes red because people will just sell their bitcoin before the whole population of people stop buying bitcoin because they don't want to lose their profit in bitcoin.
Law of supply and demand still applies. No demand, the item becomes good for nothing. In that case, bitcoins value would be nothing, zero. But I don't think it would happen. Despite the huge drop recently it will still survive the crash.
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