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Topic: If people stop buying bitcoin - page 4. (Read 7236 times)

member
Activity: 196
Merit: 10
April 06, 2018, 05:05:05 PM
If people stop buying bitcoin the value might go down because no one is supporting it. This will never happen, because everyone wants to make good money, and bitcoin gives this opportunity to everyone. People have started accepting bitcoin as a mode of payment and I don’t think so that they will ever stop buying bitcoin. Because, if people buy and hold then the price will go up.  So I suppose  that is best for a good profit.
hero member
Activity: 798
Merit: 501
April 06, 2018, 03:33:34 PM
I think it’s impossible to be happen. But if it’s happened, it’s possible to be 0.00000001 value result and became a shitcoin. Or other reason if people stop buying and others are still holding, maybe the value will be at stable price and there will be no fluctuations happened.
In current time i do not think that bitcoin price is going to become stable, because people will always trade bitcoin, and we will always see fluctuation in bitcoin price and in fact that is the need of the day and specially for the investors and traders, who always like to trade bitcoin in a low price and then sell it in some high price so as to get some profit, and that is  only possible if there is some fluctuation in bitcoin price.
full member
Activity: 364
Merit: 100
PlayGame.com
April 06, 2018, 10:07:07 AM
if people stop buying bitcoin as i know that bticoin will not popular and the demand of bitcoin is lower than the stock in the market, this situation makes the price of bitcoin is not good for us because the price is going down more and more, so if people dont have interest buying biticoin, bitcoin will be in danger zone
sr. member
Activity: 373
Merit: 250
April 06, 2018, 10:03:37 AM
It is clear that bitcoin price will fall to a minimum, bitcoin creators will try support bitcoin, so bitcoin course at least will kept afloat, but there will be no sense from this if nobody will buy bitcoin. Everything is logical, demand is falling and the price is falling. I think it's just that there will be only bitcoin holders and there will not be new investors, everyone will wait for a good price to sell bitcoins, but this time will cant come.
jr. member
Activity: 201
Merit: 1
April 06, 2018, 09:59:41 AM
If people stop buying bitcoin then that would be the falling of the father of all crypto and theres some other cryptocurrency will rise and overtake its record breaking place. There are so many reason why people stop buying bicoin, one is when bitcoin is not profitable anymore or when its value is down and became worthless
newbie
Activity: 98
Merit: 0
April 06, 2018, 09:46:53 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 won't be able to circulate, which is a very bad thing for bitcoin. Its value will not be reflected, and the value of bitcoins will be reduced and changed to 0. But I don't think it will happen. Bitcoin is now circulating around the world.
newbie
Activity: 103
Merit: 0
April 06, 2018, 09:40:09 AM
I don't figure it will happens. There is no reason. The request is high and will be high as well as step by step more individuals know bitcoin and its potential.

On the off chance that what you said happens, cost will fall as request is lower than supply. Be that as it may, as I specified it never happens
jr. member
Activity: 193
Merit: 1
April 06, 2018, 09:27:17 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 will always be there. But yes there would be an end if people choose not to buy them. It's like telephone. Some people move past it and now is into mobile phones, but telephone still here because of its analog function of wired and much secure connection.
hero member
Activity: 1316
Merit: 502
April 06, 2018, 09:25:01 AM
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

It would be a meaningless investment, there is no reason to retain this investment, the market will remove it from this game and exactly as you said, the value of bitcoin will gradually decrease dramatically, eventually become a zero. And people who do not sell the bitcoin early, they will only keep the currency in vain and the loss can be called gigantic, however, most people will believe that this can not occur when demand for bitcoin is still huge although the situation in recent times is not positive but people are still very hopeful with bitcoin
full member
Activity: 616
Merit: 100
April 06, 2018, 09:13:28 AM
I think bitcoin is better than gold.so Surely people will not stop buying bitcoin, because it is not only becoming digital currency  but is also providing people to earn more and make their life comfortable.

They both have similarities and differences that are far in my opinion because you can see for yourself Bitcoin does not have a stable price of gold that has more stable prices at any time.
full member
Activity: 210
Merit: 100
April 06, 2018, 09:07:11 AM
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).
full member
Activity: 378
Merit: 100
April 06, 2018, 09:05:11 AM
I think it’s impossible to be happen. But if it’s happened, it’s possible to be 0.00000001 value result and became a shitcoin. Or other reason if people stop buying and others are still holding, maybe the value will be at stable price and there will be no fluctuations happened.
member
Activity: 158
Merit: 10
“Revolutionising Marketing and Loyalty"
April 06, 2018, 08:51:17 AM
it will not happen. Cheesy i'm sure that nobody buy BTC. although BTC is not stable, it is also important in this world  Cheesy Cheesy Cheesy
Im a little bit confused on what side are you. It will not happen but you are sure that nobody buy bitcoin?
Yeah for me i also believe that bitcoin will not lack of buyer, people always want to have bitcoins. Especially that bitcoin price is low a lot of people will surely invest on it.
It may not be important on some people but for others who's hoping and trusting that the bitcoin price will rose up in the future will surely invest or hold on it.

member
Activity: 406
Merit: 13
April 06, 2018, 08:43:19 AM
The power of bitcoin in the market is in it patronage by the people and if people stop buying bitcoin I don't think bitcoin will have any power to survive the market because bitcoin operate on the economic law of demands and supply so if the people stop buying bitcoin then bitcoin will go into extinction and no need for bitcoin.
newbie
Activity: 28
Merit: 0
April 06, 2018, 08:36:16 AM
it will not happen. Cheesy i'm sure that nobody buy BTC. although BTC is not stable, it is also important in this world  Cheesy Cheesy Cheesy
full member
Activity: 414
Merit: 100
April 06, 2018, 08:35:11 AM
I think bitcoin is better than gold.so Surely people will not stop buying bitcoin, because it is not only becoming digital currency  but is also providing people to earn more and make their life comfortable.
full member
Activity: 276
Merit: 100
April 06, 2018, 08:19:16 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.

A simple answer to your simple question, zero demand results for a zero value. It will just drastically goes down until it reaches zero. But I doubt that the bitcoin will have zero demand  so I think it is impossible to happen.
member
Activity: 392
Merit: 10
April 06, 2018, 08:14:15 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.
Simple answer for simple question,if that ever happen the market will go down drastically untill turn to 0 value and to those holding btc will have no choice but to keep it since no one buying anymore.. Its like an old coin that loses its value.
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
April 06, 2018, 08:06:44 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 that cause we as the worker here were the ones who regulate this platform without us who works hard to get profit Bitcoin will never last this long and this will be gone probably many years ago, and it will not be successful and expensive as now , we should be grateful for that since its a give and thank situation.
newbie
Activity: 171
Merit: 0
April 06, 2018, 07:58:47 AM
well i think is possible for everyone to stop investing in bitcoin all of a sudden. After all, people have invested a lot of money and time into it. If that happens, and that is highly unlikely and  is impossible that people stop purchasing bitcoin, bitcoin has become an integral part of business. Just as a part of the body can not be separated, so can not remove yourself from bitcoin
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