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Topic: If people stop buying bitcoin - page 47. (Read 7236 times)

sr. member
Activity: 476
Merit: 250
January 31, 2018, 06:40:07 PM
If such thing happens and there would be a total lost interest on btc than it won`t have any value because it would be just an asset which is devaluated like old paper money of some countries which has not any usage
full member
Activity: 902
Merit: 112
January 31, 2018, 06:34:28 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 keep on selling bitcoin or even all holders sell bitcoin and no one buy any amount the price of bitcoin will still remain as it is.as bitcoin value depends on the last transaction of buy or sell. but if that happen then bitcoin will be on a big problem. all we can do is to transfer it on our wallet and exchange it on FIAT with out any exchange involve. like coinbase, it has an squal USD for every bitcoin and you need noone to buy your bitcoin just exchange it.
member
Activity: 207
Merit: 10
January 31, 2018, 06:19:37 PM
there are many things that can cause bitcoin to survive to this day, such as increased purchases and mining. if the purchase stops then I think what happens is the bitcoin price will go down and the transaction in the market will decrease
member
Activity: 73
Merit: 10
January 29, 2018, 07:31:03 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 the people will stop buying bitcoin it means that the value of bitcoin will end even if you still want to sell your bitcoin on your wallet you cannot sell it because no one will buy it.
full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
January 29, 2018, 07:16:12 AM
It is not possible people will stop buying bitcoin at once. But if it happen than bitcoin will die but I don't think it will happen . wiser will definitely buy bitcoin
 This question come because of lower price of bitcoin now a days Cheesy its normal. It would be raise again. And people are still buying btc.
jr. member
Activity: 48
Merit: 1
January 29, 2018, 07:05:57 AM
Then bitcoin price will depreciate. If people stop buying bitcoin, bitcoin will be dead. Simply no one buys it, but thats not gonna happen, cause bitcoin is the main thing now.
member
Activity: 145
Merit: 14
January 29, 2018, 06:50:00 AM
you can't just ask these "what if" questions without putting a little thought into it!
for example why would every single person involved with bitcoin decide "at the same time" to not buy bitcoin anymore at any price?
It will not happen anymore because people wants to buy more bitcoin if bitcoin price decreased they want to buy again because they know that bitcoin will increase more and they will get more profit so i can predict that after this year or here in 2018 bitcoin eill become more famous.
I think it is simple. Every currency is because of its users. If there is no one want to buy bitcoin the bitcoin will die because bitcoin has no value if there no people accept bitcoin as means of payment.But its impossible because many people now a days accepting bitcoin as money and keep buying bitcoin that give great value in bitcoin at the present.
newbie
Activity: 43
Merit: 0
January 29, 2018, 06:44:30 AM
It's difficult for the world to boycott bitcoin like they would ignore certain products. Demand for btc will always surpass supply considering the fact that only 21 million bitcoins will ever be in existence compared to the hundreds of millions of people actively buying. If everyone stopped buying btc (a very unlikely scenario), it will be rendered a useless coin and go back to nil.
member
Activity: 208
Merit: 10
January 29, 2018, 06:42:41 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 it will be down because there will be no users if demand will stop bitcoin goes nothing.
jr. member
Activity: 51
Merit: 3
January 29, 2018, 06:40:58 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.
Bitcoin price depends on the investors and users of it. It is also based on the demand and supply of the bitcoin in the market and in the community. If the people stop buying of using the bitcoin, then the price of bitcoin will slowly fall down until it reach the 0 point, where its value falls down to zero. The production of bitcoin will stop its production and bitcoin will be pull out in the market and no one will ever use bitcoin again.
full member
Activity: 630
Merit: 103
January 29, 2018, 06:27:18 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.

Of course the most common answer will be Bitcoin will become no more value at all and it will become the end of it to find another investments. It is just like the other commodities that for sell but once no one will buy it will be superseded by another commodities in which the new trend. Anyway, this is impossible to happen except there is catastrophes like another world war or if all nation will conspire against Bitcoin.
member
Activity: 434
Merit: 10
January 29, 2018, 06:23:46 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.

Hypothetically, if suddenly people stop buying bitcoin, traders will be the first one that will be affected. Long term investors will also be at risk because what if they started bitcoin a little too late. The price, without a doubt, will decrease significantly. This is when the function of bitcoin as an asset will be gone and it will just a regular currency.
member
Activity: 350
Merit: 15
January 29, 2018, 06:18:19 AM
When people stop buying Bitcoin, it is certain that it will lower its price, , But in a small percentage there are no groups in the form of companies that retain the structure and I am accredited all the dependence in all dealings on the Betcoin
member
Activity: 266
Merit: 10
January 29, 2018, 06:17:04 AM
Bitcoin value is absolutely zero but our brain give it value because we need it! I don't think people will stop buying bitcoin because its supply is actually huge that come up with decimals. Bitcoin will be always there for those who need it
jr. member
Activity: 266
Merit: 1
January 29, 2018, 06:14:12 AM
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.  
full member
Activity: 420
Merit: 100
January 29, 2018, 06:12:11 AM
you can't just ask these "what if" questions without putting a little thought into it!
for example why would every single person involved with bitcoin decide "at the same time" to not buy bitcoin anymore at any price?
It will not happen anymore because people wants to buy more bitcoin if bitcoin price decreased they want to buy again because they know that bitcoin will increase more and they will get more profit so i can predict that after this year or here in 2018 bitcoin eill become more famous.
full member
Activity: 238
Merit: 102
1st of May
January 29, 2018, 06:09:29 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 believe, if people just stop to buy bitcoin, the value go to $ 0, just like Tulip Mania. People must see Bitcoin, like a currency or investment device, to continue the trade.

Bitcoin is 0 value and its right.
But do you think people will stop buying bitcoin? I dont think so.
Bitcoin is very important to many people right not only as profitable tool but also as future technology.
newbie
Activity: 65
Merit: 0
January 29, 2018, 06:07:03 AM
If your hypothesis holds.
People stopped buying bitcoins.
Then bitcoin will become worthless.
It goes to zero
sr. member
Activity: 714
Merit: 254
January 29, 2018, 06:02:16 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.
Of course bitcoin value will go down, if people stop buying bitcoin. But this should be for obvious reasons, why they stopped buying it. If they stop buying because of the high price conditions, chances are they wait for a low price to buy it. Or maybe there is another reason you think?
Price of Bitcoin definitely will goes down nonstop. Bitcoin will become invaluable like it used to be 7,8 years ago. At that time, there was a person who used 12 Bitcoin to buy a pizza and he didn't realize the benefit of Bitcoin 8 years later. However, I think this situation will be very hard to happen. If it was, it would happen in 100 years later Huh

People will never stop buying bitcoins, there are always buyers on the open market. This can be a lower price, but there are buyers absolutely. The market is now undergoing a dump wave.
I don't think that we will stop bitcoin, especially now that it is still the number one crypto of all time after 9 years of its existence. Well, it is easy for us to determine if people stopped buying bitcoin because the price will obviously goes down, and so far as of the moment we are still at the beginning stage of bitcoin and it is booming as time is passing by.
hero member
Activity: 994
Merit: 515
Get'em boys
January 29, 2018, 05:49:03 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?
If people are not buying then no sales will be made and this should not to be mistaken for its end, its a normal situation in the cryptocurrency world
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
then the bitcoin market remains to have a stable bitcoin price
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