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Topic: If people stop buying bitcoin - page 46. (Read 7236 times)

newbie
Activity: 98
Merit: 0
February 07, 2018, 03:40:45 AM
I think people cannot stop buying bitcoin because they know that it is the only quick and easy method to become rich in very short time.
newbie
Activity: 106
Merit: 0
February 07, 2018, 03:37:52 AM
I think there is very little chance that this is happening. Bitcoin transactions may be reduced for a while. But will not stop. A large number of people are earning through Bitcoin. Bitcoin is the main and only source of income for them. Therefore, they will continue to deal with Bitcoin for fulfilling their needs.
sr. member
Activity: 1652
Merit: 262
February 07, 2018, 03:27:13 AM
the price will be difficult to rise again if people do not buy bitcoin, and just sell it. there will be no wheel spin, and no more demand on bitcoin.
full member
Activity: 280
Merit: 100
February 07, 2018, 03:22:01 AM
it is very sad talk! If by chance that there will be no one stop buying bitcoin then it will be totally not usable and no more value than what it was, because bitcoins value or price really determines the demand of the users who owns it. I don't think that it will happen right now and I don't think also that it will be because is the digital gold to be exact on this century in fact if you just hold or reserved it that would be a good asset because the future will lies in to a digital world, most people believe that the value of bitcoin should be higher than this so. If there is a big dip, expect more investor to get their hands on to get price back up and reach a new ATH. the people that dump it will buy it back at a higher price,jast wait and see in my opinion btc pice will be 30k+ in this year! AngryBTCBTCBTCBTCBTCBTCBTCBTC
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
February 07, 2018, 01:47:41 AM
If so, Bitcoin will disappear in this world, but I believe this is impossible, because now there are countries that accept bitcoin transactions, indicating that the future of Bitcoin is expected.
Bitcoin is a relief for people especially common people and I don’t think so they will ever give up on bitcoin. The way bitcoin is helping them in meeting their financial demands, they are even ready to leave their hectic day jobs.

Bitcoin has made the lives of masses easier and lavish. People have started accepting bitcoin as a mode of payment and I don’t think so that they will ever stop buying bitcoin.
member
Activity: 101
Merit: 12
February 02, 2018, 02:00:50 AM
If so, Bitcoin will disappear in this world, but I believe this is impossible, because now there are countries that accept bitcoin transactions, indicating that the future of Bitcoin is expected.
newbie
Activity: 44
Merit: 0
February 01, 2018, 08:58:40 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's market directly affects its value, once people stops buying some bitcoins, its price will decrease drastically and possible to lose its value if it continued. There would be less circulation of bitcoin around the market and will cause infastructures around bitcoin to lose interest on it since no one is already using it. Theoretically, it could be possible to happen but since we all know that bitcoin is just getting started, it is not possible for it to happen during this time.
Dramatically , Bitcoin stucked in an ankward situation when the South Korean's goverment found out that Bitcoin is concerning to some big money laundering case. The number is about 600 millions dollars , a huge investigation was open and it dragged the destiny of Bitcoin's holder into hell with that .
People stop buying Bitcoin cause of that scare, scare about the Legality of Bitcoin in the nearly future.
member
Activity: 111
Merit: 10
February 01, 2018, 08:52:45 AM
I don't think it will ever stop I just think it will be slowed now from a possibly controlled market. Look at all of the recent announcements and now the recent one from coinbase and credit card companies http://www.techvoid.com/2018/02/01/coinbase-warns-credit-card-mcc-code-changes-cryptocurrency/ . I will never stop buying or trading though
sr. member
Activity: 560
Merit: 250
February 01, 2018, 08:50:45 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 stopped buying bitcoins, circulation of bitcoins will be cutoff and I guess bitcoins won't reach the places it will be reaching like some wallet of a bitcoin millionaire. Support will stop and then eventually bitcoins will lose value. The market for bitcoins will freeze and somehow fail because of the lack of support from the investors.


Many of the impacts resulting from the cessation of people buying Bitcoin,this will be a problem for other altcoins because they are based on Bitcoin prices. I don't imagine it to happen if the price of Bitcoin has no meaning anymore.
jr. member
Activity: 54
Merit: 10
February 01, 2018, 08:40:56 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's market directly affects its value, once people stops buying some bitcoins, its price will decrease drastically and possible to lose its value if it continued. There would be less circulation of bitcoin around the market and will cause infastructures around bitcoin to lose interest on it since no one is already using it. Theoretically, it could be possible to happen but since we all know that bitcoin is just getting started, it is not possible for it to happen during this time.
full member
Activity: 462
Merit: 102
February 01, 2018, 08:36:19 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 stopped buying bitcoins, circulation of bitcoins will be cutoff and I guess bitcoins won't reach the places it will be reaching like some wallet of a bitcoin millionaire. Support will stop and then eventually bitcoins will lose value. The market for bitcoins will freeze and somehow fail because of the lack of support from the investors.
newbie
Activity: 47
Merit: 0
February 01, 2018, 08:33:40 AM
Even if people and people stop buying bitkoyn and participate in crypto trading, this is already in the intentions of the STATE and entire structures. The whole situation does not depend on individuals. mechanics has already been launched in my opinion!
full member
Activity: 212
Merit: 100
February 01, 2018, 08:30:37 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.
I agree I don't think it will ever happen realistically, but there's a difference between buying it and using it, so a person who owns an amount of it will probably avoid using or "spending" it if he believes it will continue to increase in value.  Why spend an asset that is increasing in value when you can spend a fiat currency that will only depreciate in value? and thats all
member
Activity: 364
Merit: 10
February 01, 2018, 08:29:09 AM
It 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. People will not buy bitcoin too, bitcoin will grow as well.
member
Activity: 378
Merit: 10
February 01, 2018, 08:21:47 AM
I don't see how this could ever happen. It's impossible that thousands of people to decide to stop buying bitcoin. It can not go to $0
legendary
Activity: 1120
Merit: 1000
February 01, 2018, 08:18:35 AM
If people stop buying Bitcoin. If such a thing happens, of course the bitcoin can not be used as it should be now, and certainly the price from day to day will go down, up to $ 0.
But I think by looking at the development in the world of cryptokurensi very rapidly, the more days peminat and other alternative coins increasingly increasing it (People stop using bitcoin) will never happen. Because from the beginning bitcoin exists, bitcoin as the parent of the circulating coins, of which he is ranked first. Therefore it is very much and more and more people who want to get and use it. And bitcoin will never die
Very honestly it may not ever happen, because bitcoin is in very early stage and therefore it will continue to be use by the people for a long long time, in fact the use of bitcoin is increasing from time to time  because more people are entering in the world of bitcoin and therefore the bitcoin users are increasing from time to time. I am am sure that the use of bitcoin will continue for a long long time and even with the passage of time its usage will continue increasing.
jr. member
Activity: 134
Merit: 1
February 01, 2018, 08:07:45 AM
If people stop buying Bitcoin. If such a thing happens, of course the bitcoin can not be used as it should be now, and certainly the price from day to day will go down, up to $ 0.
But I think by looking at the development in the world of cryptokurensi very rapidly, the more days peminat and other alternative coins increasingly increasing it (People stop using bitcoin) will never happen. Because from the beginning bitcoin exists, bitcoin as the parent of the circulating coins, of which he is ranked first. Therefore it is very much and more and more people who want to get and use it. And bitcoin will never die
sr. member
Activity: 1372
Merit: 255
January 31, 2018, 06:58:51 PM
They wont stop, infact many new big players in the stockmarket, forex field are entering the crypto currency bandwagon. This will push crypto in the next level.  Expect bigger market in 2018 and 2019.

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.
jr. member
Activity: 434
Merit: 2
January 31, 2018, 06:57:29 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.


 I thunkif people stop buying bitcoin.the price of bitcoin will always go down and it will dump i think also altcoin will also down.I dont know but it seen all altcoin following bitcoin market.When bitcoin rise same as altcoin but bitcoin down altcoin down
full member
Activity: 322
Merit: 110
elysian.finance
January 31, 2018, 06:48:26 PM
If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.

True,  people get more interested in bitcoin due to some information about it in the social media.  It becomes popular and the information about earning with bitcoin is currently spreading in the internet. How can someone stop buying it when they already informed about the use of BTC.
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