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Topic: If people stop buying bitcoin - page 41. (Read 7236 times)

sr. member
Activity: 476
Merit: 256
February 11, 2018, 02:31:37 PM
People will stop buying only those things which are invaluable and non profitable but the Cryptocurrency like BTC people wish to have it in their wallets because its very valuable and highly risky and highly returnable thing.Also many people got rich due to this BTC trading.Many people doing trading at regular basis and some doing on part time basis.BTC has changed the entire cypto world,and today millions of people are attracted towards it,because it possesses million of worth for people.So the purpose of narrating all of the above is to clear about the importance of  BTC.As per Economic rule if there is no demand,then the price falls down to very low level and that thing become useless and worthless.So keeping in mind the revolution of BTC in our lives,its impossible to stop trading in BTC.That`s it.
sr. member
Activity: 672
Merit: 250
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February 11, 2018, 01:51:28 PM
Each thing's value depends on demand. If people stop buying bitcoins, it will crash soon. As long as there is demand of bitcoin, prices will keep rising.
newbie
Activity: 203
Merit: 0
February 11, 2018, 01:29:04 PM
It is not possible for people to stop buying bitcoin because the demand will keep increasing with time besides more persons are yet to know about but coin...
member
Activity: 243
Merit: 11
February 11, 2018, 12:30:59 PM
I guess it will not happen without any cause because what stops bitcoin is worthless ?? and if that happens then the bitcoin price becomes 0 $ and bitcoin will not be worth anymore and Bitcoin is just a story and leave a name to remember.
member
Activity: 112
Merit: 10
February 11, 2018, 12:24:26 PM
What is the world will stop spinning? Same answer, who knows , maybe it is for the good.
full member
Activity: 360
Merit: 100
February 11, 2018, 12:23:39 PM
If this happens this is a very bad thing with bitcoin. People no longer buy the bitcoin and its value will decrease and gradually return to zero. bitcoin will die. Hope this never happens because bitcoin is really good
newbie
Activity: 75
Merit: 0
February 11, 2018, 12:18:27 PM
Bitcoin price is going down. Many people are afraid of buying bitcoin. This really affect the over all crypto market. We can easily noticed that with the price fall of bitcoin, other crypto market also affected a lot.
member
Activity: 224
Merit: 18
February 11, 2018, 12:14:01 PM
Bitcoin price depend on the demand of it,basically it is basic rule that demand is proportional to price.If demand is zero then price will go definitely at zero.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
February 11, 2018, 12:09:57 PM
This assumption does not make any sense. Bitcoin is already being recognized in many countries, governments see the potential and would even stimulate cryptocurrencies now.
Anyway, if people stop buying Bitcoin, then maybe the volatility will be lessened. Prices will not go sky high, but there's always the bitcoin community that will keep using bitcoin.
newbie
Activity: 182
Merit: 0
February 11, 2018, 11:55:38 AM
from last 400 years people still buying gold so as long as people on earth they will buy bitcoin forever
member
Activity: 378
Merit: 10
February 11, 2018, 11:29:37 AM
Even if we assume that this will happen, then bitcoin will lose its impetus for development, since its value consists of investing in it.
member
Activity: 308
Merit: 10
February 11, 2018, 11:25:58 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.
Ofcourse if people stop buying bitcoin, the price of it will not go up that much. If everbody sell but no one buy, that was very sad. Because they will not have profit on what they invest. But the fact  bitcoin exist and still ongoing.theres nothingto worry because there will be sure buyers.
full member
Activity: 279
Merit: 105
February 11, 2018, 10:48:03 AM
Bitcoin will always buy, as it is an excellent investment opportunity, with the help of bitcoin you can earn and store profitably money. And I don't see any reason why people will stop buying bitcoin.
full member
Activity: 350
Merit: 100
February 11, 2018, 10:43:52 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 they stop buying bitcoim it will lead to loss , loss of the producer.And maybe the country itsef. Consumer which are the buyer who main reason why it continous to grow and build lots of money with the countey. And I think it will not happen as long as we the buyer still prioritize it.
member
Activity: 476
Merit: 10
Student Coin
February 11, 2018, 10:23:55 AM
If there's no buyers bitcoin could be lost because investor or buyers is the main source of why bitcoin price is getting pump but i think it will not happen because for now many people want to know about bitcoin because they want to earn money by using it .
full member
Activity: 378
Merit: 100
February 11, 2018, 10:02:11 AM
If people stop buying bitcoin then bitcoin price will be go down. because less sales of bitcoin price will be go down. but i think no one miss this chance to make good profit from bitcoin.
I totally agree with you if people we will stop buying bitcoin there are a big possibility that the price of bitcoin will go down very high, and for me if all people we will srop buying bitcoin it has a big chance that the ethereum will overtake bitcoin as the best among the rest.
sr. member
Activity: 1316
Merit: 356
February 11, 2018, 09:57:48 AM
Bitcoin has a fixed circulating supply so if people stop buying bitcoin, I think it is justifiable that bitcoin price will going down.
Because this is the law of demand and supply: If demand is high, the supply is low; in that way the price of bitcoin will go up.
And if demand is low, the supply is high; in that way also the price of bitcoin will go down.
So that bitcoin price were really affected if every time the number of demand and supply change.
full member
Activity: 364
Merit: 100
February 11, 2018, 09:54:34 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.
ok I think that would be impossible because bitcoin is continuously gaining its popularity and more and more investors do invest in bitcoin, more people are buying it. Answering your what if question, it has a simple answer, remember in your economics class,if the price is high, the demand would be low making less people to invest in bitcoin. If people stop investing in bitcoin, I guess there will be less supply and its price will be low.
newbie
Activity: 12
Merit: 0
February 11, 2018, 09:46:01 AM
When everyone does not recognize bitcoin, people stop buying it. But I don't think that's going to happen, and now many countries recognize the legitimacy of bitcoin,
member
Activity: 448
Merit: 10
February 11, 2018, 09:30:36 AM
If people stop buying bitcoin then bitcoin price will be go down. because less sales of bitcoin price will be go down. but i think no one miss this chance to make good profit from bitcoin.
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