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Topic: If people stop buying bitcoin - page 53. (Read 7236 times)

full member
Activity: 131
Merit: 100
Invent Bacon-Coin and see me HODL
January 11, 2018, 09:56:01 AM
Im still shocked by this thread and discussion being started by a 500 post member in here.. This is like.. the fundamental of any given market, and obv in crypto.. demand and supply - if demand drops to zero, do the math.. I mean, OP cant possibly be serious about this, can he..?
newbie
Activity: 97
Merit: 0
January 11, 2018, 09:54:57 AM
Bitcoin is like a product or service..if others don't find it useful to them..then bitcoin will be like product that is no longer useful..like a junk..but let's not think in that way..lets find new way to make useful again..
member
Activity: 108
Merit: 10
January 11, 2018, 09:53:50 AM
Even if people are not buying at this moment, they will most probably buy when the price drops because of the low demand. On the other hand, if they are waiting for the price to climb so they can sell big, that won't happen if there is no demand.
full member
Activity: 432
Merit: 100
January 11, 2018, 09:52:12 AM
If no one is interested in purchasing bitcoin at this time, the bitcoin price will drop dramatically and other cryptoes such as Ethereum, bitcoincash will replace the bitcoin position.
I agree with you but this is very unlikely because the Cryptocurency market is heavily dependent on Bitcoin, if no Bitcoin buyer is sure this market is hard to survive and could be the end of. the entire Crypto market
sr. member
Activity: 1330
Merit: 258
January 11, 2018, 09:51:22 AM
What will happen is
0$ 24 Hours market Volume, Bitcoin Prices will going down and the worst is bitcoin be inactive even disappear.

Don't worry, I think it is impossible because because 0 volume can't exist. This can happen on exchange only. People use and buy/sell without exchange, local too
sr. member
Activity: 714
Merit: 250
January 11, 2018, 09:45:56 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.
I think if the people stop buying bitcoin the volume on the market will going down and there is a chance that the price of bitcoin will dropped to $0. On the other hand, if they stop ln buying it would have a negative in market and I think the market will crash.
full member
Activity: 266
Merit: 100
January 11, 2018, 09:43:28 AM
If no one is interested in purchasing bitcoin at this time, the bitcoin price will drop dramatically and other cryptoes such as Ethereum, bitcoincash will replace the bitcoin position.
member
Activity: 420
Merit: 10
January 11, 2018, 09:37:32 AM
For traders it may be that they are currently seeing a high Bitcoin price, not not buying but they are definitely waiting to buy Bitcoin when the Bitcoin price is down by observing the Bitcoin graph first before they buy Bitcoin.
member
Activity: 378
Merit: 19
January 11, 2018, 09:21:38 AM
I think everyone wants to buy and store bitcoin because of its value and potential. However, until the transaction price is too slow + expensive and people do not find a solution to improve the system, then perhaps cryptoworld will offer a solution for consensus that will use a digital alternative gold based on the more modern Blockchain technology.
Then we can change the bitcoin to a new token with the equivalent value.
full member
Activity: 150
Merit: 100
January 11, 2018, 09:17:48 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 still do not know what will happen if people stop buying Bitcoin because at this moment, I cannot see tough reasons why people will just stop buying Bitcoin because they can see that it is essential and beneficial to buy and have. Maybe if people will just stop buying Bitcoin, the price will of course drop into something because the price will also drop that will possibly make this cryptocurrency unvaluable because it will lose its worth and people might just tend to waste this after all.
legendary
Activity: 1540
Merit: 1029
January 11, 2018, 09:09:59 AM
I personally have begun to move more funds into the strong alt coins. The transaction fee's are BTC's biggest problem!
sr. member
Activity: 546
Merit: 250
January 11, 2018, 09:09:30 AM
If people stop buying btc, for sure it wont affect the growth of the btc, because there are tpo many investors that btc has, people are the ones make btc better and  we are the ones that make it popular, so it depends to the users and the investors if btc will increase or decrease.
jr. member
Activity: 210
Merit: 1
Alphateca.com
January 11, 2018, 09:09:12 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 Bitcoin that will occur in the development of the Bitcoin is going worse and later his Bitcoin will slowly destroy.
sr. member
Activity: 448
Merit: 265
January 11, 2018, 09:08:46 AM
and it will be gone , have no value at all , nobody willing to buy again lol   Undecided ....
sr. member
Activity: 406
Merit: 254
BookiePro.Fun - The World's Betting Exchange
January 11, 2018, 09:08:24 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.
For me, Bitcoin will get affected if people will not use this currency. If people are not using it then what's the purpose of the bitcoin, if that happened today people will be really sad, because they live in bitcoin they can buy their everything they needs, everything that mere useful to them will get with the use of bitcoin.
jr. member
Activity: 224
Merit: 3
January 11, 2018, 09:07:49 AM
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.
full member
Activity: 210
Merit: 100
January 11, 2018, 09:05:25 AM
What will happen is
0$ 24 Hours market Volume, Bitcoin Prices will going down and the worst is bitcoin be inactive even disappear.
newbie
Activity: 1
Merit: 0
January 11, 2018, 08:59:40 AM
How we start mining on our laptop??? any easy coin for corei5 HP sleek book.
member
Activity: 406
Merit: 10
The Exchange for EOS Community
January 11, 2018, 08:58:24 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 no request of bitcoin will die, because the bitcoin price determinant is the number of requests. but that's unlikely, because bitcoins are needed for global transactions.
If every day people stop buying bitcoin then the bitcoin is out of date and it will disappear because if no one buys it anymore it will be worthless, because the value of any kind of asset It is decided by the community and it will die if the community does not accept it. But I think that day will be very difficult because bitcoin is still the best coin to invest in the crypto market.
sr. member
Activity: 700
Merit: 250
January 11, 2018, 08:52:40 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.

If no request of bitcoin will die, because the bitcoin price determinant is the number of requests. but that's unlikely, because bitcoins are needed for global transactions.
yes if a lot of people stop buying bitcoin I think it will stop. because bitcoin it must have its turnover is buying and selling. because it depends on the selling price and the purchase price that will be the transaction.
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