Topic: If people stop buying bitcoin - page 64. (Read 7236 times)
I think that the bitcoin is the devis of the nexts generations so don't worry about that
There are different reasons on why people will stop buying bitcoin. Maybe BTC money is getting low or etc.
Perhaps when it comes to noobs. If we look at the majority of the people here with a decent functioning brain, they see a lower price as a major incentive to start accumulating. I have never done anything else than accumulating at the time the market tanks.If the demand is getting lower, the bitcoin may end its' journey but I think this will never happen because every day, more people are joining here in bitcoin.
There is nothing wrong with a decreasing demand. It happens in basically each and every established market - there will always be periods of higher and lower demand, but that doesn't mean it's the "end" of a certain market. Bitcoin has gone through certain periods of time where the overall demand has decreased, where after that the market stagnated for quite a while. Did it harm Bitcoin? No. Just look at the exchange rate today. Difference with traditional (developed) markets is that they take years to recover from certain economical events that may lead to lower overall demand, where the crypto market moves over it in a matter of months, or even weeks. 
At the moment I do not see the reasons why people can refuse bitcoins. The system has proven its reliability.
If people stop buying the price will fall. If there is still an active use of Bitcoin I think then the price will be stable.
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.
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
Bitcoin's price became high because it is populated and used by a big group if people. Marketing, trading, selling up to investing. If people stop buying bitcoin, then bitcoin's price will be decreased into the lowest digit. It will be useless if operation of bitcoin will stop.
This is true, because if no one uses bitcoin anymore the price will be gone, but i don't think people are going to stop buying bitcoin because they see something in it. This just doesn't seem right at all.
Why should they do that ? They want to earn money so they buy bitcoin. Its like saying are people going to stop buying games. LOL
If they stop buying bitcoin they will buy something else. Other cryptocurrency. This process is unstoppable, it will proceed, with or without bitcoin.
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.
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
People don't stop buying it then it's not logical to discuss this thing here.
If they stop buying bitcoin, the price affected very very negatively as you can guess and we see huge drops.
Well, if no one is willing to buy Bitcoin (or any other thing) then it will follow the rule of demand and supply which would result in fall of price but since the law says that,
Demand > Supply = Price rise
Demand < Supply = Price fall
Demand = Supply = No change
However, this is a theoretically answer and practically it is impossible to happen. If you are not buying it then the price will fall and then someone waiting for the dip would buy it.
Demand > Supply = Price rise
Demand < Supply = Price fall
Demand = Supply = No change
However, this is a theoretically answer and practically it is impossible to happen. If you are not buying it then the price will fall and then someone waiting for the dip would buy it.
if people stop buying bitcoin then bitcoin prices will go down, but I think it will not happen today because today more people are buying and holding their bitcoin than selling bitcoins.
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.
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
Bitcoin's price became high because it is populated and used by a big group if people. Marketing, trading, selling up to investing. If people stop buying bitcoin, then bitcoin's price will be decreased into the lowest digit. It will be useless if operation of bitcoin will stop.
This is true, because if no one uses bitcoin anymore the price will be gone, but i don't think people are going to stop buying bitcoin because they see something in it. This just doesn't seem right at all.
Why should they do that ? They want to earn money so they buy bitcoin. Its like saying are people going to stop buying games. LOL
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.
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
Bitcoin's price became high because it is populated and used by a big group if people. Marketing, trading, selling up to investing. If people stop buying bitcoin, then bitcoin's price will be decreased into the lowest digit. It will be useless if operation of bitcoin will stop.
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 chances of that happening are quite low, this will not happen as a drop in price of bitcoin eventually leads to a breaking news, which would further increase the demand of it, by more people knowing about it and buying more bitcoins. How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
it can't disappear without rhyme or reason and people will not stop buying bitcoin... it's the same thing to say "but if people stop buying cars" ... there should be an acceptable substitute for this, but it isn't like this and isn't foreseen
why should anyoe stop buying bitcoins ?
i love to pay may hosting and domain bills via bitocin also other interent tranactions i cna make with bitcoin and will allways do with bitcoin.
regards
i love to pay may hosting and domain bills via bitocin also other interent tranactions i cna make with bitcoin and will allways do with bitcoin.
regards
if people stop buying bitcoin..people who do not want to dig bitcoin if he does not want to buy no need, people or humans are not a person, there are many other people who will buy bitcoin, but do not get out of business if you go out of business yes many are disappointed and loss.
Capitalization bitcoin has reached 109 billion, I do not think that someone will be rid of bitcoins in terms of long-term investment.
people stop buying bitcoin I guess that will not happen as long as there is a exchange of goods there are always sellers and buyers. Even a worthless shitcoin is still traded because people are looking for ways to make money from it. You can not just make them stop buying even if Bitcoin is known to have a fatal flaw or start being replaced by something else, and a better one
In the unlikely event that people decide to stop buying bitcoin then the price will go down dramatically as there would be no demand for it.
Miners would more than likely stop mining and transactions would take longer too.
Miners would more than likely stop mining and transactions would take longer too.
If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.
Not that easily.
They just cut the demand it doesn't mean there is offer.
Unless anyone is eager to sell it's coins for 1$ the price will still be at 6000+.
For your doomsday scenario the op must add "and somebody decides to sell at 1c".
of course bitcoin will die and that like a nightmare, but I think that is difficult to happen because so many bitcoin user in the world and bitcoin most popular now. i hope bitcoin is never die and can survive for a long term..
Bitcoin can't technically die.
You need only a cpu miner and a copy of the chain and that is all it takes for the protocol to work continuously like it did when Satoshi was mining alone.
That is impossible to happen.As of now Bitcoin is hitting a high peak of its value more than what we are expecting and the demand for this is very high too.Though some instances it dumps or drop, it doesn't mean that it looses its value.Everybody knows its big potential and its useful as a digital currency.
Nothing is impossible, a lot of things that were claimed to be impossible happened in this world.
Especially when we talk about crypto this word "impossible" should be banned.
The possibility still exists, it is indeed small, it's a number you can ignore but it is there.
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, Price of bitcoin will go down as per the representation of supply,demand and price relationship. If everyone would just hold their bitcoin, then economic status will go down. Consuming is part of the economy because the gold or value moves around the economy.Somehow, I don't think that people buying bitcoin because Bitcoin itself is useful as a technological currency or cryptocurrency. How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
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