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Topic: If people stop buying bitcoin - page 43. (Read 7236 times)

full member
Activity: 392
Merit: 105
February 09, 2018, 06:38:40 PM
Bitcoin has reached such a level of popularity among crypto enthusiasts that there is no way that people suddenly lose interest in continuing to buy it. And given that the buying and selling of bitcoin is peer to peer, there is no prohibition that can prevent individuals from carrying out the transactions that suit their interests. It is true that this interest in bitcoin could eventually decrease, but there will always be someone willing to buy bitcoins whether it is worth a million or a cent.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 09, 2018, 05:47:32 PM

I think, if people just stop to buy bitcoin , then it will go very down may it will reach 0$.it already went down because buyer's are reducing day by day. People must see Bitcoin, like a currency  to continue the trade.
That's the reason why the price is moving downwards and if people will continue to stop buying then there will be a massive crisis for the bitcoin economy. We have seen the effect from the people who are afraid to buy bitcoin because of the FUD and that pulled down the price of bitcoin. Just think that there's only a FUD but many believed to that and they stopped buying bitcoin.
newbie
Activity: 6
Merit: 0
February 09, 2018, 04:32:08 PM
the peole olways goes to buy btc
newbie
Activity: 27
Merit: 0
February 09, 2018, 04:01:29 PM

I think, if people just stop to buy bitcoin , then it will go very down may it will reach 0$.it already went down because buyer's are reducing day by day. People must see Bitcoin, like a currency  to continue the trade.
full member
Activity: 224
Merit: 100
The revolutionary trading ecosystem
February 09, 2018, 03:45:20 PM
It's strange to see how, under such a simple question, which everyone has already discussed more than one hundred times, so many commentaries have accumulated. Apparently people write just to write) Closed circle Smiley
newbie
Activity: 210
Merit: 0
February 09, 2018, 03:30:36 PM
If people stop buying then people might start thinking on how to use their BTC as money online, I mean its like money also that needs to circulate, perhaps establishment considering BTC as payment instead of fiat, but it is only around 5% that people will stop buying it.
member
Activity: 574
Merit: 12
February 09, 2018, 03:22:49 PM
in as much as it is impossible for people to stop buying bitcoin as it has grown so much potential that people desire it for so many reasons but if such a situation presents itself that people stop buying bitcoin,then it will be a major loss to all bitcoin investors.
copper member
Activity: 298
Merit: 11
https://wesp.io
February 09, 2018, 03:16:25 PM
i think the price of bitcoin depends on supply and demand.if people stop buying bitcoin supply will increase and price will fall.then it will be the end of bitcoin.so far the people who interesting in bitcoin increasing day by day.so still the supply of bitcoin is too low.so the price is increasing.i hope the demand will become high for bitcoin because digital currencies are the next revolution. 
full member
Activity: 204
Merit: 100
February 09, 2018, 03:05:47 PM
Bitcoin exists and grows thanks to the need of human use. If one day people stop buying bitcoin then I think it will end up back to $ 0. But that will never happen as the bitcoin community is increasing, the need to use and invest in bitcoin is increasing. I think bitcoin will recover and develop strongly.
full member
Activity: 630
Merit: 100
February 09, 2018, 02:14:59 PM
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 then the value of cryptocurrency over all in the market will decrease since every altcoins value is base on bitcoins. I do not think that it will come to the point that people will stop on buying bitcoins because it was very profitable, just hope for the bright future of bitcoins so everyone will become wealthy at a younger age.
You are right, after all the chances are very small, let alone cryptocurrency increasingly popular. The significant price reductions during this time are often influenced by issues of legality, and bad news about cryptocurrency, but most people who believe in the future of cryptocurrency will survive. Supply and demand will continue to change, although many people stop buying cryptocurrency and prices fall, it will recover soon.
full member
Activity: 225
Merit: 100
February 09, 2018, 01:57:58 PM
I can not think if bitcoin will not be bought because I see bitcoin so special because it has a system or technology that I think is very valuable that can not be underestimated by the world community so definitely bitcoin will continue to be demanded by everyone
full member
Activity: 350
Merit: 109
February 09, 2018, 01:52:07 PM
Obviously bitcoin will feel the drastic drop in value if the people stop buying on it.


In case the people stop buying bitcoin, The value of the bitcoin will go down, and all the digital currency also vanish because the bitcoin is the primary of all the cryptocurrency. Bitcoin is similar to the product if the people no longer support it will be Valueless. Those stores accepting bitcoin will be no longer available they don't take bitcoin as payment. But then  I think this would not happen because of bitcoin of the capability to create something that we want to be.
member
Activity: 420
Merit: 15
February 09, 2018, 10:12:51 AM
Even if people stop buying bitcoin, it still does not lose its value, thanks to the Holders who believe in it and will keep it. It was thanks to them that we did not fall much this time, although very large funds were sent to it to drop bitcoin.
full member
Activity: 378
Merit: 100
February 09, 2018, 08:45:15 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.

If people will stop buying bitcoin then the value of cryptocurrency over all in the market will decrease since every altcoins value is base on bitcoins. I do not think that it will come to the point that people will stop on buying bitcoins because it was very profitable, just hope for the bright future of bitcoins so everyone will become wealthy at a younger age.
jr. member
Activity: 69
Merit: 1
February 09, 2018, 08:41:21 AM
If everyone stopped buying, I think there was no electronic money at that time. But I think that will not happen at least this year
newbie
Activity: 182
Merit: 0
February 09, 2018, 08:39:49 AM
Is this a problem?

Not at all, if it becomes unprofitable people just turn the kit off, the difficulty gets slightly easier as less people are mining so equilibrium is restored.
jr. member
Activity: 238
Merit: 1
February 09, 2018, 08:37:57 AM
Technically, it would be impossible for everyone to stop buying Bitcoins as long as it provides tangible benefits (whether is it distribution of BTCs or transaction fees).
member
Activity: 308
Merit: 10
February 09, 2018, 08:19:57 AM
if some people want to dump their future and go back to the stone age - let them go, why would we care?
If investors stop buying bitcoin then the bitcoin will lose value and will disappear, which is the worst in the cryptocurrency market but I think it is very unlikely in the next few years. Crypto market will develop very strongly in the future, so bitcoin will be very long in this market.
member
Activity: 306
Merit: 15
February 09, 2018, 07:38:15 AM
If people stop buying bitcoin, it's likely that the bitcoin is below the cost.
Bitcoin is especially important to him as the largest of all coin value, if they stop buying bitcoin, maybe a lot of coin can also be dropped.
member
Activity: 532
Merit: 15
February 09, 2018, 07:23:10 AM
if some people want to dump their future and go back to the stone age - let them go, why would we care?
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