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Topic: If people stop buying bitcoin - page 50. (Read 7236 times)

full member
Activity: 252
Merit: 102
January 12, 2018, 12:51:35 AM
If people stop buying Bitcoin. It will reflect that interest in the crypto is no more and crypto loose its shine. But it is not possible.
sr. member
Activity: 784
Merit: 250
January 12, 2018, 12:44:16 AM
Demand for Bitcoin and cryptos in general is increasing all the time. I just don't see people not buying bitcoin any time soon. Seems highly improbable.
Indeed demand does not stop because bitcoin will be an investment asset and this has no end. it's just a down trend is in bitcoin. after in the last year a lot of price shocks due to happening hardfork
sr. member
Activity: 582
Merit: 250
An Impressive Purely Anonymous Currency.
January 12, 2018, 12:40:56 AM
Demand for Bitcoin and cryptos in general is increasing all the time. I just don't see people not buying bitcoin any time soon. Seems highly improbable.
full member
Activity: 252
Merit: 100
January 12, 2018, 12:31:22 AM
That would actually be the worst situation ever in the history of bitcoins. No buyers to buy bitcoins will cause the value to fall even it may end up by reaching 0 satoshi. All the bitcoin holders will then just throw away their bitcoins as they will be of no use to them. This situation should never come because we are already involved a lot and also several investors have invested huge amounts into bitcoins which can't be affordable to loose.
newbie
Activity: 42
Merit: 0
January 12, 2018, 12:27:43 AM
people not buy bitcoin its price will decreases as expected
member
Activity: 299
Merit: 11
January 12, 2018, 12:25:57 AM
Price would gradually go to zero. But it's impossible for people to lose interest on a $10 bitcoin if it comes to that. As price goes lower, more and more people will want to buy it. Especially with bitcoin history of skyrocketing.
member
Activity: 127
Merit: 10
January 12, 2018, 12:15:35 AM
If you stop buying bitcoin you can still get bitcoin by opting in signature campaigns and nervous campaigns, Facebook campaigns. By joining these campaigns, you can get bitcoins.
full member
Activity: 420
Merit: 100
January 11, 2018, 10:45:07 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 stop buying bitcoin then bitcoin transactions will stop and bitcoin will decrease in price because no one has bought bitcoin or who are interested in buying bitcoin.
full member
Activity: 230
Merit: 100
January 11, 2018, 09:29:13 PM
if people stop buying bitcoin then bitcoin prices will experience a slight drop in prices, but if they just hold the bitcoin for, wait for bitcoin prices to go up. it will not stop, because who wants to have so much bitcoin. now bitcoin has decreased, maybe this early ayang will mebuat bitcoin prices rose back to its highest peak as usual that has happened months ago. who does not want to buy bitcoin, bitcoin is a digital currency that can be used for online transactions and can be for bitcoin investment.
member
Activity: 252
Merit: 10
January 11, 2018, 08:37:22 PM
This week a lot of people is thinking about buy or not to buy, they are new at this and the going down value of the coins is not helping them, now is the moment to buy not the moment to be afraid
I think because the price of each bitcoin now is not stable so the buyers are doubting if they will going to buy or not. But for me when I know the price is already drop then Im going to buy.
hero member
Activity: 1008
Merit: 501
January 11, 2018, 08:33:16 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 that happens of course the price of the bitcoin will fall even go to $0.
but now bitcoin prices are increasingly falling, hopefully it will not continue
if more and more people are selling then the less buy then price of bitcoin will go down. as it currently happen seems the volume of bitcoin buyers is less than the volume of people selling bitcoins. but that's a common thing in a market. let alone  bitcoin have fluctuating of course it will change very often. actually for now it is not possible all users stop buying bitcoins. because demand will always be there to see bitcoin has millions of users
member
Activity: 168
Merit: 13
January 11, 2018, 07:58:34 PM
This week a lot of people is thinking about buy or not to buy, they are new at this and the going down value of the coins is not helping them, now is the moment to buy not the moment to be afraid
sr. member
Activity: 1610
Merit: 406
PredX - AI-Powered Prediction Market
January 11, 2018, 07:49:28 PM
if all stop buy bitcoin than bitcoin die. bitcoin not have real value in bank, only if people is want to buy it. not think it's will happen because big money is inside bitcoin now, it is not will die like this.
Bitcoin is worthless but does not disappear. formerly bitcoin has a low price until now rose due to demand and purchase. and if indeed people sell their bitcoin auto prices will also go down
newbie
Activity: 14
Merit: 0
January 11, 2018, 07:47:37 PM
if all stop buy bitcoin than bitcoin die. bitcoin not have real value in bank, only if people is want to buy it. not think it's will happen because big money is inside bitcoin now, it is not will die like this.
full member
Activity: 448
Merit: 103
January 11, 2018, 07:11:22 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 is like bitcoin losing its value. If this coin will not be used for trading whether altcoins or payment for goods and services, the tendency is that it will lose the standing that it is in right now. It will produce much supply of coins in the market, lowers the price and this will lead to the drop and eventually end of bitcoin.
sr. member
Activity: 420
Merit: 252
January 11, 2018, 06:46:12 PM
the price of it would go down and the new investors would be afraid to join into the btc community and we would lose some years until it gain popularity again.
full member
Activity: 406
Merit: 156
January 11, 2018, 06:44:38 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 think that there's a the possibility of the world's random reactions to make all these "what ifs " happen is just impossible .
But supposing it could happen ,when the normal outcome won't be any different than any other market when it looses it's customers/investors , the supply and demand low will be applied and the more bitcoins will be mined the more the total value per coin will decrease .

However, if it does, if the demand lowers its price will lower until it is worth 0$.
The price of the currency would simply be zero. If there is no offer, there is no demand, and vice versa.

The maths should give something like this :
(taking the actual total market cap of $224 073 314 000 USD and dividing it by 21 Million coins which is the max  total supply )
= 1 coin will be worth $10670 .
So even if the OP's "very unlikely if not impossible to happen" actually happens , and that no one buys or withdraw it , and when all the 21M coins will be mined , the value per coin will not be 0 .
newbie
Activity: 378
Merit: 0
January 11, 2018, 06:35:37 PM
I think if people stop buying bitcoin then bitcoin will still be valuable but it's probably worth going down, but that's a problem when everyone stops buying bitcoin and sells all its bitcoin then this is what will be the doom for bitcoin  Wink
member
Activity: 151
Merit: 10
The stock photography revolution
January 11, 2018, 06:33:55 PM
If one day Bitcoin had no one to invest in, I believe that Bitcoin was no longer valid for everyone. And there will be other crypto replacing Bitcoin. That is perfectly normal in the cryptocurrency world. People see the crypto as an asset, investing in it to make money from rising rates.
full member
Activity: 196
Merit: 100
Pre-sale - March 18
January 11, 2018, 06:32:50 PM
Of course common sense, if demand will lose its profitability and usage will become obsolete and value-less and if that happens it might become the fall of cryptocurrency industry.
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