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Topic: If people stop buying bitcoin - page 54. (Read 7236 times)

newbie
Activity: 11
Merit: 0
January 11, 2018, 08:28:36 AM
As long as there is demand, there will be people who will buy bitcoin. If btc prices continue to rise, there would probably be more people investing in them.
full member
Activity: 168
Merit: 100
January 01, 2018, 10:01:59 PM
The demand curve is dependent in the demand for bitcoins. And so if people stop buying Bitcoins, most probanly the demand will just go flat or go down if some people will sell. This is a simple supply and demand lesson and it's relationship to price. However, I do not see that happening early this yesr because things are just getting started with Bitcoin. A lot of people now would want to start investing and thanks to the social media, Bitcoins is one of the top choices to invest on right now.
full member
Activity: 225
Merit: 107
January 01, 2018, 09:57:57 PM
the ceo of bitcoin will make a way that the every investor will invest again in bitcoin and more people will buy again
member
Activity: 602
Merit: 10
January 01, 2018, 09:35:17 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 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.
sr. member
Activity: 805
Merit: 250
January 01, 2018, 08:55:31 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 know people won't stop from buying bitcoins even if price goes into $10k because they believe that it will rise again. And aside from that, bitcoin is now considered as a big investment which it could probably gives us profit in the end.
M.L
jr. member
Activity: 99
Merit: 7
January 01, 2018, 08:45:17 PM
Its depend  in the demand of the bitcoin. Increased in demand increased in supply. More buyer more seller and less buyer less seller. This all guess, what will possibly happen if it occurs .
full member
Activity: 188
Merit: 100
January 01, 2018, 08:44:58 PM
The only way people can stop buying bitcoin is if they put a law to it and the penalty is death else i will keep buying.
Although not necessarily death. But only if it is ban
newbie
Activity: 26
Merit: 0
January 01, 2018, 08:43:02 PM
if people stop buying bitcoin ,  game is over ^^
member
Activity: 79
Merit: 10
January 01, 2018, 08:35:24 PM
If everyone sells their bitcoin, the bitcoin price will decrease, because bitcoin is no longer needed.
so a lot of stock bitcoin to buy.
but vice versa if bitcoin there is only a little bitcoin stock but many who want it then the price will be higher again.
full member
Activity: 531
Merit: 102
January 01, 2018, 08:23:35 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 do not think your "what ifs" will not gonna happen.  Remember that all currency either flat or cryptocurrencies become valuable because people believe and agreed that it has value. Basically, more people believe that bitcoin has a great currency, then, it become more valuable.  Meaning, because of the acceptance of the people nowadays about the crypto currency and as the bitcoin community grows, your what ifs will not gonna happen.  Besides, your what ifs will just give negative impact to the crypto world. So, you should not be a pessimistic about crypto currency instead, just continue support bitcoin and be positive and it will bring you luck and positive energy. 
sr. member
Activity: 504
Merit: 252
January 01, 2018, 08:02:09 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.
Whenever there is a product in the market and nobody is buying the product value will surely drop next to zero because the demand is what determines the product price. If a product has no demand it is basically useless.

Yes you are 100% right in this case we can surely if theres no demand in bitcoin the product will die or drop down to zero this is the basic rules in supply and demand.
Bitcoin still the no.1 crypyocurrency all over the year more investor and other country are crazy to this product so I dont see bitcoin price will fall to zero the year 2017 btc perfom an awesome rally the price a climb to $20k Smiley

It depends. If there is no more buyer and there is no seller either, the price will not go down. It will remain stagnant and no change will ever happen. But if there is no more buyer and everyone who owns Bitcoin will dump their Bitcoins then that is the time when Bitcoin's price will dump until it reaches the ground zero. All these are hypothetical, giving a certain scenario and predicting what will happen if it occurs. Of course, these are not actual things that will happen today nor in the future.
sr. member
Activity: 602
Merit: 262
January 01, 2018, 07:52:35 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.
Whenever there is a product in the market and nobody is buying the product value will surely drop next to zero because the demand is what determines the product price. If a product has no demand it is basically useless.

Yes you are 100% right in this case we can surely if theres no demand in bitcoin the product will die or drop down to zero this is the basic rules in supply and demand.
Bitcoin still the no.1 crypyocurrency all over the year more investor and other country are crazy to this product so I dont see bitcoin price will fall to zero the year 2017 btc perfom an awesome rally the price a climb to $20k Smiley
copper member
Activity: 658
Merit: 284
January 01, 2018, 07:28:58 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.
Whenever there is a product in the market and nobody is buying the product value will surely drop next to zero because the demand is what determines the product price. If a product has no demand it is basically useless.
jr. member
Activity: 38
Merit: 11
January 01, 2018, 04:54:25 PM
The market's free hand will eventually figure out a price in which buyers will be in an equilibrium with sellers, settling on a new price. There's no scenario where no one wants to buy bitcoin for any price.
full member
Activity: 157
Merit: 100
January 01, 2018, 04:45:51 PM
i think that if there are no people that are buying Bitcoins then the price of Bitcoin will probably decrease because it depends on the supply and the demand. if the demand is higher than the supply then the price increases qnd vice versa.
full member
Activity: 2128
Merit: 180
January 01, 2018, 04:42:47 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.

For people to want to stop buying bitcoin, there must be some reasons or the other. But if this eventually happens, it does mean that the value of bitcoin would depreciate drastically, which might gradually bring about an end to the currency.

If no one wants to buy bitcoin then the price will stop moving because it will not change until someone trade with it. A lot of people are still believe in the power of bitcoin and I know this thing will not happen. The future of bitcoin really depend on us so better to support instead of thinking negative things.
newbie
Activity: 9
Merit: 0
January 01, 2018, 04:27:05 PM
If people stop people buying bitcoin it will lose its value because there is no demand and it will be the end of bitcoin.
full member
Activity: 706
Merit: 111
January 01, 2018, 03:35:51 PM
it will go down
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
January 01, 2018, 12:57:26 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.

For people to want to stop buying bitcoin, there must be some reasons or the other. But if this eventually happens, it does mean that the value of bitcoin would depreciate drastically, which might gradually bring about an end to the currency.
full member
Activity: 196
Merit: 274
January 01, 2018, 12:46:15 PM
I surmise that would not occur unless there are bitcoin were wiped out in the entire blockchain framework. As I see individuals, even not in the cryptographic money situation, individuals tend to purchase and offer things that bode well. Be that as it may, let say the situation you state works out as expected. The principal thing that will happen is that cost will definitely tumble starting from the earliest stage make bitcoin esteem so little that individuals won't much try to utilize them any longer. Be that as it may, I trust that situation wont work out.
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