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Topic: If people stop buying bitcoin - page 62. (Read 7236 times)

full member
Activity: 386
Merit: 100
November 11, 2017, 01:28:35 AM
At the moment people buy more and more bitcoin because now bitcoin is always increasing. After this year maximum people see profit who invest bitcoi .
Surely people will not stop buying bitcoin, because it is not only becoming worthy but is also providing people to earn more and make their life comfortable. It is helping people to overcome their poverty and unemployment by getting into bitcoin. It is quick easy and rewards with multiple benefits. Soon countries will also legalize it due to its qualities
newbie
Activity: 42
Merit: 0
November 04, 2017, 05:17:34 AM
At the moment people buy more and more bitcoin because now bitcoin is always increasing. After this year maximum people see profit who invest bitcoi .
member
Activity: 103
Merit: 14
November 04, 2017, 04:52:04 AM
The chances of that occurring is extremely low. We are at a point of no return here, where I simply cannot see Bitcoin losing its momentum. Bitcoin is known by everyone around the world and as they grow more confident in Bitcoin as an alternative to traditional investment opportunities or as their "bank" for that matter, Bitcoin's price will keep soaring.
member
Activity: 294
Merit: 10
November 04, 2017, 04:34:15 AM
If people really stop bitcoin is a wonderful questionable thought.
The economic fact takes place which means when the demand for Bitcoin falls the price of Bitcoin falls automatically.
In this digital world Bitcoin is playing a major role so I believe people never stop buying bitcoin - it also would happen as mith.
sr. member
Activity: 283
Merit: 250
Honesty is the best policy
November 04, 2017, 04:20:47 AM
I think it is impossible.Bitcoin is very important for people life.And everyone will use it.Bitcoin is improving day by day.Bitcoin have a good future.
full member
Activity: 420
Merit: 100
November 04, 2017, 04:14:31 AM
People who currently hold bitcoins would suffer a loss and would no longer hold bitcoin.  The miners or investor would go work into another altcoin life would go on.
sr. member
Activity: 826
Merit: 265
November 04, 2017, 01:56:56 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.
it mean bitcoin is not sold.
bitcoin is worthless, because no one to buy it. but we can keep until some people or organize need again.
as long bitcoin vacuum from this world, other coin will replace the number one.
I think people cannot stop buying bitcoin because they know that it is the only quick and easy method to become rich in very short time. All what required is wise investment in some promising projects in order to secure future it is helping people to save time and connect with people all around the world. It is a type of global village.

I think there was a news that one trading platform has like thousands of new users coinciding with the bitcoin price increase lately. So I guess people cannot really stop buying it eventhough the price is growing by the minutes. They don't want to miss the opportunity to earn money by trading bitcoin. Others may see it as investment and will just continue to hodl on it whatever happens. Its really now a global phenomena and there is no stopping bitcoin now.
hero member
Activity: 1022
Merit: 538
November 04, 2017, 01:53:16 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.
it mean bitcoin is not sold.
bitcoin is worthless, because no one to buy it. but we can keep until some people or organize need again.
as long bitcoin vacuum from this world, other coin will replace the number one.
I think people cannot stop buying bitcoin because they know that it is the only quick and easy method to become rich in very short time. All what required is wise investment in some promising projects in order to secure future it is helping people to save time and connect with people all around the world. It is a type of global village.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 04, 2017, 01:24:31 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 bitcoin, that would be the end of everything. The entire Bitcoin market will come crashing down to the ground. Can you imagine a scenario where someone is trying to sell something that people do not want? That something he is selling will be of no value and he would eventually throw it away. That will be what happens to bitcoin is ever the situation you are thinking will occur. But I don't think it will ever happen.
Well I think there can be some reason that people will stop buying bitcoin it’s very clear that bitcoin is not like other crypto bitcoin is last man standing in crypto world so bitcoin know how to attract people and world toward itself it’s going to change his price every day so people are really enjoying with bitcoin so there is no chance that people can stop buying bitcoin.
full member
Activity: 140
Merit: 100
November 03, 2017, 06:02:42 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.

The scenario is just "if people stop buying" and not "stop using" so Bitcoin will still be usable even though no one is buying. However, since there is no one willing to buy some Bitcoin, then the demand will decline and the price along with it. That might trigger the beginning of Bitcoin's end and who knows what happens next.
sr. member
Activity: 350
Merit: 250
IF PROBLEM WITH MY TRUST THEN BRING AN ESCROW.
November 03, 2017, 03:45:17 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 that's happen bitcoin will be forgotten for ever. Why people will stop buying bitcoin? there are some reason why people will stop buying bitcoin like if the government announce that bitcoin is illegal or if government will banned bitcoin worldwide this will be the reason to stop us from buying bitcoin..
Try not to be stressed over the general population since it is outlandish that individuals will quit purchasing the bitcoins on the grounds that everybody on the planet jump at the chance to have increasingly benefit and its regular and every one of the general population realizes that the costs of bitcoins are going increasingly elevated quickly that is the reason individuals are purchasing bitcoins however much as could be expected that is the reason its unthinkable that individuals will quit purchasing bitcoins.
member
Activity: 147
Merit: 10
November 02, 2017, 04:37:13 PM
It's like asking what will happen if people will stop buying gold, It will just lose its entire value cause with no demand there's not price.
member
Activity: 137
Merit: 10
November 02, 2017, 04:27:24 PM
if people stop buying bitcoin I think loss if he did not buy BITCOIN, because it is clear that BITCOIN is very satisfactory profit generated,

therefore I since yesterday bought BITCOIN 0.3 because I know BITCOIN at the beginning of the year will rise even higher ...
copper member
Activity: 463
Merit: 251
November 02, 2017, 04:10:17 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.

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.
newbie
Activity: 66
Merit: 0
November 02, 2017, 12:33:21 PM
No . There are very low chances of it . Bitcoin is the future of currency. It can not be eliminated from this now. Day by day bitcoins are taking the World !
hero member
Activity: 1750
Merit: 589
November 02, 2017, 12:32:13 PM
I don't think it will happens. There is no reason. The demand is high and will be high too as day by day more people know bitcoin and its potential.

If what you said happens, price will fall as demand is lower than supply. But as I mentioned it never happens.
If you are going to look at the current price of bitcoin , we could close our mind on thinking to the possibilities that people would stop using Bitcoin at some point. Bitcoin is literally the future money in terms of transaction, investments and business world so it may be a hard thing to stop using Bitcoin. Becasue people earn through it and make a transactions out if in a faster and more reliable way.
full member
Activity: 1890
Merit: 101
November 02, 2017, 12:25:15 PM
definitely, Bitcoin price will go down if there is no purchase,
but cannot be sure also its price will go down could be its price will remain,
which surely this is difficult to answer if never happened, a
nd surely this will never happen, lol Cheesy
sr. member
Activity: 618
Merit: 250
November 02, 2017, 12:18:56 PM
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.How will the market value react to it, people wanting to sell bitcoin but there is no one to buy. You couldn't just make them stop buying even if Bitcoin was known to have a fatal flaw or started to be replaced by something else, better.

It impossible to happen, because a lot of people getting interested to bitcoin and become popular now. And if people stop buying bitcoin maybe this is the reason why the price of bitcoin is sometimes down but mostly up.
member
Activity: 73
Merit: 11
November 02, 2017, 12:03:30 PM
Bitcoin is becoming more popular in Zimbabwe and Venezuela as there is hyperinflation in their fiat currency. So people won't stop buying Bitcoins, instead, demand will go up.  
sr. member
Activity: 812
Merit: 250
November 02, 2017, 12:02:50 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 if they stopping buy bitcoin the price will dump and I think it has negative effect in bitcoin industry and on bitcoin community. In addition to that, if people stop buying buying bitcoin the price of bitcoin will drop to $0 dollars and bitcoin and I think it would be the end of bitcoin.
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