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Topic: If people stop buying bitcoin - page 57. (Read 7236 times)

full member
Activity: 630
Merit: 103
November 20, 2017, 10:17:53 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.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
November 20, 2017, 10:11:25 AM
If people stop buying bitcoin, then i guess they are holding it as much as they can. Buying bitcoin can take a lot of money because of its price but the profit you can receive from it will also be high which you can use in investments. They can also still mine bitcoin if they dont want to buy it.
newbie
Activity: 40
Merit: 0
November 20, 2017, 09:52:31 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 bitcoins ,,,, the same question is unwarranted, as if people stopped buying basic necessities. So in this case it can not be said that everyone will stop, because no one in this world has the same point of view or judgment, but everyone has their own strategies and ways to suit their needs.
member
Activity: 200
Merit: 11
November 20, 2017, 09:32:49 AM
i don,t think about it.but  if people  stop buying so btc never end.i believe all people with together bitcoin buying never stop because many country bitcoin already legal.   
It can't happen because people are over whelmed with bitcoin, they know it will that bitcoin has better plans for its investors and will make them the rich of future in very short time, they are getting obsessed with bitcoin, and are trying to collect more bitcoin for the future. It is helping in reducing unemployment to some extent and helping in meeting the financial needs easily even if the person is not having a regular job.
full member
Activity: 373
Merit: 100
November 18, 2017, 05:07:48 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.

That is an obvious question, there will be less demand, so was the price. I think that is impossible since bitcoin is surviving a lot of years now and even it dumps, people will be taking advantage of that dump and use that to earn a good profit.



That's true. Now that bitcoin already known to people, I don't think they will completely stop buying bitcoin. Maybe some will stop for a while but will come back again after few days or a week. There's a less possibility that all the people around the world will stop buying bitcoin at the same time. There are really times that some people will stop buying bitcoin, but never did happen that all of them stopped. It is really impossible to stop buying it at the same time.
member
Activity: 168
Merit: 10
November 18, 2017, 05:00:04 PM
The answer is simple, supply and demand. There is no demand, price goes down, there is no supply, price goes up. You your case, price goes down!
sr. member
Activity: 588
Merit: 251
November 18, 2017, 04:57:42 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.

From the OP, there is no actual reason why there should be no more buyers of bitcoin, it's pointless. There will always be buyers and sellers, and that is what will keep the market going. Everyone can't just wake up one morning and say I won't buy bitcoin again, this might happen to one person, not everybody.

If that should happen, the price will be stagnant, cause there is no demand and no supply(ier).
full member
Activity: 560
Merit: 180
I'm Matured Now
November 18, 2017, 02:02:44 PM
They wont stop.cz the price is rising.so people are finding it a way more interesting.you will get the profit for sure so no one would stop buying
newbie
Activity: 27
Merit: 0
November 18, 2017, 01:38:34 PM
It is unreal. As we know — bitcoin and other altcoins price depend on popularity and trading volume. So, if we suppose that volume will dump — we would see as enthusiasm and speculators start buying BTC at a low price, so the volume would increase and everything will be normal.

BTC will live and prosper while all countries goverment won't make it illegal and start to spread its holders.
full member
Activity: 294
Merit: 100
November 18, 2017, 01:14:27 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.

Your what if is contradict to the reality dude, more investor are coming day by day and being confident to buy bitcoin. It will be almost impossible to happen that no one will buy bitcoin, maybe in a shitcoins it will happen but never in btc. Bitcoin is already established in its own way.
jr. member
Activity: 43
Merit: 10
November 18, 2017, 12:55:15 PM
If people stop buying bitcoin nothing going to happen. One affected people will be bitcoin minners. Bitcoin will be remain the same and sustain with a standard rate. There will be chance of constant rate will be fixed at that time for temporary cause.
member
Activity: 70
Merit: 10
November 18, 2017, 12:53:56 PM
What if people stop drinking milk?  You'd probably need less milk cows. Is it going to happen? Possibly but not likely. I'd suggest the "likeliness" of it happening is the real talking point and I don't think it's likely, at least not at present.
full member
Activity: 252
Merit: 104
“Blockchain Connection Framework”
November 18, 2017, 12:52:34 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 agree that there will be no reason for people to "stop" buying bitcoins. Right now, it has been realizing is exponential potential, and therefore, there wouldn't be any means for people to just not continue with using it anymore. Also, the market has many moves toward the use of bitcoin and making it a global player in the international market scene. Thus, it would be highly unlikely for it to happen.
full member
Activity: 799
Merit: 100
November 18, 2017, 12:50:30 PM
its really awesome and you can see already cross 7500$.  its true that bitcoin  helps bitcoiner to fight with proverty and overcome financial problem. but  If people stop buying bitcoin then bitcoin will be vanished
hero member
Activity: 798
Merit: 502
November 18, 2017, 12:32:50 PM
If ever people will stop buying bitcoin and those who hold bitcoin will not sell their bitcoin then the price of bitcoin will steady but I don't think it will happen this way. People will buy and sell bitcoin just like what they are doing with alternative coins.
full member
Activity: 266
Merit: 100
Platform for Investing in Cryptocurrency and ICOs
November 18, 2017, 12:30:03 PM
Well, as the economic fact goes, if the demand goes low so is the supply and if no one is buying bitcoin, it no longer circulate among the business industry of cryptocurrency. With that, it will die and bitcoins that are held by people would be useless. That is what would happen to that 'what if' but it is not the way it will go because bitcoin has went too far and it will not be unsuccessful rather it will reach the top and be accepted worldwide.
sr. member
Activity: 546
Merit: 250
November 18, 2017, 07:45:35 AM
I think if there will be no requirements by people then its price will go down to zero i guess.If people wont show interest in crypto or bitcoin then it will become useless and so no value for it. But it couldnt happen.
full member
Activity: 336
Merit: 101
November 18, 2017, 07:10:31 AM
I hope it will not happen, maybe when people do not buy bitcoin anymore there must be a reason, maybe the price drops very drastically or else. in my opinion it will not happen.
I also don’t see people getting away from this amazing currency in the coming score at least. Bitcoin is on its way to be the next international currency of the world.

The way bitcoin is increasing in value and as we all know, it is highly expected that bitcoin will reach 7000 dollars and more by the upcoming hard fork of November. The bitcoiner's will be new rich people of the world in the coming years.
full member
Activity: 336
Merit: 121
November 17, 2017, 09:58:04 PM
If people stop buying bitcoin, well the price of bitcoin will be $0, but it will not stop the market of cryptocurrencies they are many popular crypto's to invest or to trade like ethereum, litecoin, bitcoincash, Ripple and etc. that has a potentially increase.
 
I don't think so that people will stop bitcoin because everyone in this world are trying to earn money and this is easily possible with working with bitcoin and if people stop bitcoin then the bitcoin will go to die because every thing which have no value in market will die after some time.
full member
Activity: 1344
Merit: 102
November 17, 2017, 09:53:11 PM
If people stop buying bitcoin, well the price of bitcoin will be $0, but it will not stop the market of cryptocurrencies they are many popular crypto's to invest or to trade like ethereum, litecoin, bitcoincash, Ripple and etc. that has a potentially increase.
 
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