Topic: If people stop buying bitcoin - page 52. (Read 7236 times)
It will Never happen because demand is more than how people will stop buying Bitcoin. It is not possible. Incase it may done means then Bitcoin will die.
It is obvious that in every industry or businesses out there that when the demand is low the the value of the supply also goes down, the law of supply and demand. If people stopped buying Bitcoin of course it will reach its rock bottom value and won't be able to operate anymore unless people make involvement with it again. But, with the rave and hype Bitcoin receives today, I think its not yet possible for it to die and disappear unless the government would do something about it though.
If people stop buying bitcoin actually them not trust bitcoin,,,
If that happen so bitcoin will be die the future.
But looks image now bitcoin to be long the future.
If that happen so bitcoin will be die the future.
But looks image now bitcoin to be long the future.
I think that's impossible, because bitcoin is used for many purposes and so many people need it, so the thought is so distant.
If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.
I agree. I think the law of supply and demand has proven that when demands dwindle down, the saturation of the supply in the market would make the product lose its value. That concept could be adapted with bitcoin as well. I think in the event that people would stop buying and patronizing bitcoin, it would slowly go down in value, until the time when it will die out. That's basically what happened with several altcoins during the time when bitcoin was surging.
It is not possible that everyone stop buying bitcoin because if someone stop buying it, some new guys comes as buyer. If people stop buying bitcoin, how this crypto currency market survive as bitcoin is heart of it.
if people stop buying bitcoin I think the price will go down, because demand is smaller, bitcoin may die if people stop buying bitcoin, hope it does not happen and it seems like a very small possibility to happen, but nothing is impossible
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, the value/price of bitcoin will drop and there no one will use bitcoin. And if bitcoin will not be in demand that causes bitcoin lose its value. But i think it will not happen. How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
Obviously bitcoin will feel the drastic drop in value if the people stop buying on it.
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.
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 it will face some consequences like price drop but ultimately it will never die out. We have now Korean "possible ban" affecting the btc value but hype by the end of the 2017 is finished. We all need patience to wait for another wave (with hype and new people interested into crypto price will surge up).
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 so called dominant value exist merely because people are willing to buy it. If anyone would be against the idea of buying bitcoins that means no one will even accept bitcoin as a means of payment. This merely means the end of bitcoin and its value. A demandless thing is nothing more than valueless. How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
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.
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
you know bitcoin are very famous on cryptocurrency. Cryptocurrency is a financial technology in the present and in the present even though there is a conspiracy behind criptocurrency. if people stop buying bitcoin so people will buy other Cryptocurrency like xrp, dash etc.
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 all people stop buying Bitcoin and hold it, the Bitcoin price will rise sharply as long as no one sells Bitcoin they own. All people hold it for long periods of time, and the price will keep rising, How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
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.
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
for me bitcoin will decrease the cost when no one buys it but does not mean they never buy a bitcoin. because while buying a bitcoin its price is increasing so it is impossible that they stop buying their bitcoin because they know they will get a lot when they sell a bitcoin that is high enough, so they just have to wait to rise its price
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.
From my perspective if individuals quit purchasing BTC it wont impact the typical exchanging or financial specialists additionally who holding won't influence that much just the BTC mining just going to be inefficient so the rate of BTC will be steady not going to drop radically or Hike in the rate wont be normal starting at now. So Still BTC will exist just with more solid and steady player of cryptographic money. How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
if everyone has stopped selling with bitcoin, it means the bitcoin will be finished. but that would not be possible, as the bitcoin price increases every day
So as Bitcoin dropped from $20k to todays $14k it was going up each day ?
I agree tulips in 1634 had bad weeks too but BTC won't scale and logic dictates that something that has
already gone up 10,000% cannot compete with a similar product that has only gone up 1,000% and
not only works faster but has close to zero fees like BTC had just a year ago.
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of course everyone is very interested in bitcoin.
Then why has the price been trading sideways or downwards and my granny was not interested once
she found out that her gambling fund of $100 would be eaten up by $25 in fees just to enter the casino
and hit again if she was left with any winnings to take back out the door.
Sorry Sir but I am good at maths and I cannot make your numbers add up even if I throw
logic out of the window.
If people stop buying btc then btc will die. People will stop only buying if it is not profitable and buying a btc is against the law.
Down loading movies using Bit-Torrent and using Mag256 boxes is illegal but it's not stopping
too many people because it offers value for money
Bitcoin is not value for money due to the transaction fees, it's committed suicide and is laying in bed looking unwell
just now and if the doctors can save it's life then it will be condemned to the nut house, damage is already done, all
trust has gone.
Underground currency will always exist in the form of silver or gold coins as well as digital coins
but Bitcoin will not be part of that mix.
if everyone has stopped selling with bitcoin, it means the bitcoin will be finished. but that would not be possible, as the bitcoin price increases every day, of course everyone is very interested in bitcoin.
My granny was interested in having a flutter with $100 on bitcoins so I told her
how she would lose 3.99% with Coinbase converting cash to BTC and she understood
why she need to use her own wallet in case the exchange went down.
Smart granny she is !
Well when I told her it would then cost $25 and maybe as high as $55 to send
these high speed digital token from Coinbase to her private wallet due to crazy miner
transactions fees and it might take hours she looked at me, grabbed her walking stick
and then banged me over the head saying "I told your mother, nothing good will ever come from you"
I would had argued back but my mum on my advise had purchased $1000 worth of BTC last month
so the $45 rip-off transaction fee at the time didn't effect her too much but then the priced dropped
$5,000 due to high fees (nothing to do with South Korea) and now she won't answer the phone when
I call !
Moral of the story is not to advise friends and family in after the train has left the station
how she would lose 3.99% with Coinbase converting cash to BTC and she understood
why she need to use her own wallet in case the exchange went down.
Smart granny she is !
Well when I told her it would then cost $25 and maybe as high as $55 to send
these high speed digital token from Coinbase to her private wallet due to crazy miner
transactions fees and it might take hours she looked at me, grabbed her walking stick
and then banged me over the head saying "I told your mother, nothing good will ever come from you"
I would had argued back but my mum on my advise had purchased $1000 worth of BTC last month
so the $45 rip-off transaction fee at the time didn't effect her too much but then the priced dropped
$5,000 due to high fees (nothing to do with South Korea) and now she won't answer the phone when
I call !
Moral of the story is not to advise friends and family in after the train has left the station
if people stop buying bitcoin then bitcoin would be worthless, and maybe that's the end of bitcoin, but I do not think that will happen because bitcoin is getting popular and more and more people are using and buying bitcoin
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