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Topic: If people stop buying bitcoin - page 56. (Read 7236 times)

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umachit.fund
December 09, 2017, 06:32:48 PM
If people stop buying bitcoin, interest in it will disappear, the price will decrease, as with any other product, and vice versa, as the people who buy bitcoin increase.
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December 09, 2017, 05:59:50 PM
if no one buys bitcoin, it means the demand will decrease. when demand decreases and supply high then price will decrease. usually, after the price drops, many people will go back to buy bitcoin, so it goes on
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December 09, 2017, 05:50:08 PM
I doubt if people will stop buying bitcoin because of it's great potential but if such case happens then it will affect a whole lot of things about bitcoin and other crypto currencies.  Let's hope for the best
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The Operating System for DAOs
December 09, 2017, 05:47:00 PM
People will never stop buying bitcoin because it is a gate to buy other currencies which is great for the bitcoin stabillity. I am waiting for 1 trillion market cap of bitcoin. That will remove some volatility
hero member
Activity: 658
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December 09, 2017, 05:29:56 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 it's never possible.As the world progresses, people's interest in Bitcoin is growing as much.Bitcoin payments are offered to many big markets.Bitcoin payments are offered to many large markets.There are many people who buy Bitcoin without depositing the bank, for their future.
There is no option that all people stop buying Bitcoin. Bitcoin price rate is too high. Every person is taking interest to invest in Bitcoin. The investors are too happy because of its profitable quality. Bitcoin is the king of all currencies and it may be happened in future that Bitcoin replaced all currencies. Beside of these entire features it looks strange that people stop buy Bitcoin. People are involving in Bitcoin are too much satisfy and happy.
full member
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December 09, 2017, 05:17:20 PM
Until and unless government in the country BAN bitcoin, people will not stop buying bitcoin. However even if government BAN bitcoin, its users will find ways and never stop buying. If people stop buying bitcoin then its price may fall down and i believe if bitcoin price is down it becomes worthless. Finally there will be no trust on crypto currencies when the Master of crypto currency bitcoin becomes worthless. But such things never happens to my understanding because government indirectly still like to hold bitcoin and gain profits.
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December 09, 2017, 05:07:01 PM
i dont tink thats possible because if people, btc holders will still having therefore giving them value.....
hero member
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December 09, 2017, 05:04:20 PM
if we all stop buying bitcoin  demand will end that may crash bitcoin fast
But it will not ever happen because people are not relying on bitcoin and they have their businesses with bitcoin and if they will not buy bitcoin then they will not be able to run their businesses and they will face a huge lose in their businesses. The fact is that bitcoin will remain in our lives till the end and it will now be the currency of future.
sr. member
Activity: 388
Merit: 250
November 22, 2017, 07:57:21 AM
It was unlikely to happen but if what you are saying came true then basically bitcoin will die because nobody wants to use it ! it was just like other deadcoin out there who have many sell order but no one wants to buy even a single satosh
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November 20, 2017, 11:44:14 AM
Weird questions. I can ask directly opposite question: what will be if everebody start buying bitcion? The answer is obvious, the proce will grow up, in my question. But more important question is why everybody will start or stop buying?
hero member
Activity: 1344
Merit: 502
November 20, 2017, 11:38:58 AM
It's simply the price per bitcoin will stop. It will not fall or go up again.
The only way bitcoin price can go down is if everyone start selling bitcoin their bitcoin.
Which will not be happen by a long shot. Grin
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November 20, 2017, 11:33:22 AM
We are not praying for such thing to happen but if it happens there will be a fall in price because it is the level of demand that always propel the price.


You are indeed right. I think the chance of the topic that someone started to talk about is not too big. People will not completely stop buying bitcoin because they already knew how good it is to have bitcoin. I don't think they will feel the urge of not buying bitcoin now that they see their profit of bitcoin increasing.
sr. member
Activity: 868
Merit: 257
November 20, 2017, 11:26:37 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 all people stop buying bitcoin I guess it has negative effect in bitcoin community and bitcoin industry. In addition to that, if they stop buying bitcoin the price of bitcoin will dropped to $0 and I think it will be die and I hope it would not happen because this is thing that helps me to gain income.
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November 20, 2017, 11:18:50 AM
if we all stop buying bitcoin  demand will end that may crash bitcoin fast
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November 20, 2017, 10:56:03 AM
If people stopped buying bitcoin, i guess they are holding it in some way that the value of bitcoin would go higher. The value of bitcoin has reached 8K USD and we can say that it is a way of holding them. People can also mine bitcoin and that is a good way to own bitcoin.
That's exactly what the mind said. If people reduce buying Bitcoin, then its value will be higher. However, trading in this case is very big.
full member
Activity: 336
Merit: 100
November 20, 2017, 10:34:17 AM
If people stop buying bitcoin, it may be called ahir from bitcoin.
But now bitcoin has become a particular need, so it is very impossible bitcoin no one who buys even though the higher the price, especially now that bitcoin in various parts of the world can be directly for the means of payment, see existensy bitcoin is now increasingly known as the eye modern digital money. so you do not have to worry about bitcoin will be extinct.
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Activity: 546
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FABA-BREAK THROUGH IN VENTURE CAPITAL MARKET
November 20, 2017, 10:31:54 AM
This question is quite stupid actually. In free market, there are not cases of not buying the a commodity/currency etc. The demand itself can decrease to eventually 0, however its not the case of "stop buying".

(Almost) everything just has a price, which is driven by demand and supply. The concept (of supply, demand) is in general a bit abstract, however in practice it's not that hard to imagine. Etherdelta exchange is maybe a good example: Sellers are posting selling offers (quantity and their price) and buyers are posting buying orders (quantity and their price). When the price is the same; the transactions happens. The "market" price is than always something in between.

The point is that, there will always be these buying order which prices will decline (if something goes wrong). Until they disappear and everything goes to shit. Smiley
hero member
Activity: 1008
Merit: 510
November 20, 2017, 10:27:49 AM
If no one wants to buy Bitcoins, then the price will drop. No buyers means no demand for it and the supply will be greater than demand (because there would be no demand).

Theoretically this could happen but there would have to be some major problem with Bitcoin such as huge fees. At this point I think Bitcoin is established enough to avoid a problem with demand.
hero member
Activity: 798
Merit: 500
November 20, 2017, 10:22:59 AM
Simply because most people believe that the value of bitcoin should be higher than this so.  If there is a big dip, expect more investor to get their hands on to get price back up and reach a new ATH.  the people that dump it will buy it back at a higher price, this always happen lol
If people will continue their perspective to bitcoin in terms of its future a head in time in terms of its price value and system, it could result for a better form or better growth of Bitcoin because we all know that Bitcoin development is dependent on the support of people who continuously support bitcoin as a form of currency in transaction and investments.
full member
Activity: 420
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Qravity is a decentralized content production
November 20, 2017, 10:22:56 AM
Just review again a little of school's lesson.
In economy, we need a supply and demand. And of course, if people stop buying bitcoin, the supply will be bigger than demand, and it means that the price will drop because it's not valuable again.
Now, many people want to buy bitcoin. The demand is high that's why the price keeps increasing. If no one want to buy it again, then it"s true that bitcoin is coming to an end.
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