Bitcoin Forum

Economy => Trading Discussion => Topic started by: steve0nz on October 09, 2017, 06:34:18 AM



Title: What if everyone withdrew their coin in fiat?
Post by: steve0nz on October 09, 2017, 06:34:18 AM
Would there be enough money in the exchanges? Would bitcoin fail?


Title: Re: What if everyone withdrew their coin in fiat?
Post by: mocacinno on October 09, 2017, 06:37:19 AM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ihsanskanzaone on October 09, 2017, 06:46:24 AM
I think people will pull their coins at the highest price or the price of the coins in the prediction will fall as it could be from the number of bitcoin more and more and the fewer its consumers affect the price of the coin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: xIIImaL on October 09, 2017, 07:00:31 AM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.

Supply and demand will increase the bitcoin's value all the time. I don't understand your concern that bitcoin supply stopped with the zero cost fianlly. Whenever the cost of the coins increase adoption and supply issue will only take to huge amount. Even last year halving done the reduction of supply and mining blocks reduced. That is the only way to bump the bitcoin value.
I don't support your wrong point.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: fedoralite on October 09, 2017, 07:03:47 AM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.

Supply and demand will increase the bitcoin's value all the time. I don't understand your concern that bitcoin supply stopped with the zero cost fianlly. Whenever the cost of the coins increase adoption and supply issue will only take to huge amount. Even last year halving done the reduction of supply and mining blocks reduced. That is the only way to bump the bitcoin value.
I don't support your wrong point.

Because his opinion is right since if all the holder will change there btc to fiat the bitcoins would die and became no value at all since as you said it is based in supply and demand, and if all will dump it means there's no demand of bitcoins will be get and bitcoins will be outfamed for that events.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: TagaMungkahi on October 09, 2017, 07:41:39 AM
Would there be enough money in the exchanges? Would bitcoin fail?
Not necessarily fail, Let's assume that this will happen, There will be fall at price but surely it will not result into a failure, bitcoin still there and will be there always.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: thinkdifferent on October 09, 2017, 08:08:25 AM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.

Before it reaches to zero many people will try to convert it to fiat and not sure how exchanges can manage that part because currently, bitcoin prices are very high.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: mocacinno on October 09, 2017, 08:11:14 AM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.

Supply and demand will increase the bitcoin's value all the time. I don't understand your concern that bitcoin supply stopped with the zero cost fianlly. Whenever the cost of the coins increase adoption and supply issue will only take to huge amount. Even last year halving done the reduction of supply and mining blocks reduced. That is the only way to bump the bitcoin value.
I don't support your wrong point.

Because his opinion is right since if all the holder will change there btc to fiat the bitcoins would die and became no value at all since as you said it is based in supply and demand, and if all will dump it means there's no demand of bitcoins will be get and bitcoins will be outfamed for that events.

Exactly, the OP was giving a fictional example, "what if everybody withdrew their coins in fiat"

I'm well aware of the bitcoin ecosystem, but the OP asked a fictional question, so i answered his fictional question: if everybody decided to dump their BTC, the price would fall to 0. If every HOLDER of BTC would dump their BTC, but there were sufficient new buyers (1:1) for every BTC sold, the price should stay roughly the same. If every holder sold all their BTC, but there was an increased demand from new buyers, the price would rise.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: SamsungBitcoin on October 09, 2017, 08:44:00 AM
Would there be enough money in the exchanges? Would bitcoin fail?
There will be a big effect on bitcoin value if most of the investors start to wwithdraw their investment in every exchange or it will be dead or will be worthless, but i do not think it will happen because i always feel that bitcoin is on their progress due to continuous increasing of the demand that is why value of bitcoin is very attractive to many investors and it always profitable until it is existed.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: phr0stbyt3 on October 10, 2017, 02:23:50 PM
The price can got to 0$ but to get fiat you still need a marketplace and no trader who is holding bitcoin would want the price to be pushed back. Whenever you place a sell order at the current price is will get sold and each time the price keeps getting lower many want to invest. It's not possible to push the price down to 1000$ because by then many will try to purchase more


Title: Re: What if everyone withdrew their coin in fiat?
Post by: UCHCHILD on October 10, 2017, 03:01:59 PM
The price not reach $0 you know why guys? It is because there were lost wallet out there that really cost too much and with lots of btc on it. And there lots more lost coin out there, so there will be no reason to turn this thousands of dollars into zero balance. And also people will not let bitcoin fail, so.exchange will never be worry about that because big investors will really hold their coins for long, How I wish I can be one of them, rich man with btc in my wallet. So I will.not let btc value fall so down.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: steve0nz on October 10, 2017, 09:33:14 PM
Ah I get you, it doesn’t matter if there is any fiat left in the exchanges. It’s how much people are willing to pay.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Pearls Before Swine on October 10, 2017, 09:41:22 PM
There should be enough money on the exchanges, but who knows?  I highly doubt
an exchange like Yobit would be able to resist what what amounts to a run on the bank.
Not even banks can usually withstand a run without help, what with all the fractional
reserve lending they do....and god knows what other shenanigans they're up to.

If everyone started to withdraw their fiat from crypto exchanges, I would think that there
would be a crisis.  But no, I highly doubt they'd be able to meet the redemptions.  They're
all pretty shady.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: n0ne on October 10, 2017, 09:55:24 PM
Such a situation never prevails around with each and every mined bitcoin getting withdrawn in terms of fiat. At present the direct usage of bitcoin keeps on increasing, so the same might help in the circulation of bitcoin rather than withdrawing it in terms of fiat. When every user withdraw an inflow in the economy of fiat increases rapidly.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: bitbunnny on October 10, 2017, 10:27:23 PM
In real world this is not possible scenario. In theory, if that happened, the Bitcoin price will dump terribly and no one would be interested in Bitcoin anymore, it could practicly becomes worthless.  But where could such amounts of money be founded so not every Bitcoin could be converted, at least not in short period of time.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: 949miner on October 10, 2017, 10:29:23 PM
Yes obviously that the price will drop a lot, but there is no way that everyone can do it, because imagine that it would be a chaos, there are billions of dollars invested on bitcoins, and making it at the same time, it will saturate the market, and there would be almost no buyers on the market for everyone.
But it is impossible, there is no way that it can happen, it is too much coincidence that everybody would like to withdraw at the same time.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: kotajikikox on October 10, 2017, 11:07:41 PM
if the bitcoin are not accepting as pay in our location the coins wthdraw it into fiat money to sustained the daily expenses of the family but if in your location or nation are accepting bircoin as payment no need to withdraw the coin into fiat you can use directly payment to the store.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: BitMaxz on October 10, 2017, 11:43:16 PM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.
But in this bitcoin this is impossible that bitcoin price will drop at zero value since there are bitcoins are stuck from wallet online or we can say lose coins so the price of bitcoin will not getting lowest price of bitcoin..
this is impossible people will not waste their investment in bitcoin they will hold them for a long time and sell in the right to get profit when the price was really expensive..


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Leonbtc on October 11, 2017, 12:03:26 AM
Would there be enough money in the exchanges? Would bitcoin fail?

some wouldnt be able to withdraw. think like this in crisis time People want to take their Money from Banks but some arent able to do this.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Dreamchaser21 on October 11, 2017, 12:19:39 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Most probably yes, but we all know this thing will not happen the price of bitcoin continues to soar high some people may sell but still people will surely want to buy more bitcoin because they believe on the future of bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: mistanama on October 11, 2017, 04:36:12 AM
We know that this is a shame now. But I will answer your question

Probably yes, If everyone is going to sell their Bitcoins holds. The value of bitcoins will definitely be 0.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: StarofBTC on October 11, 2017, 04:16:33 PM
Would there be enough money in the exchanges? Would bitcoin fail?
Not necessarily fail, Let's assume that this will happen, There will be fall at price but surely it will not result into a failure, bitcoin still there and will be there always.
It can only fail if everyone wants to pull out their funds into fiat, which is practically not possible and in that case, it may just end up in one or few person's wallet apparently, since it will definitely have to exchange hands anyway just like any other currency.

However, this cannot be possible at this stage and there will always be people willing to purchase even at a lower price unless of course something negatively huge even beyond bitcoin happens to cause the scenario the OP has painted which seems impossible.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: BlueStackz on October 12, 2017, 08:06:30 AM
Would there be enough money in the exchanges? Would bitcoin fail?
Not necessarily fail, Let's assume that this will happen, There will be fall at price but surely it will not result into a failure, bitcoin still there and will be there always.
It can only fail if everyone wants to pull out their funds into fiat, which is practically not possible and in that case, it may just end up in one or few person's wallet apparently, since it will definitely have to exchange hands anyway just like any other currency.

However, this cannot be possible at this stage and there will always be people willing to purchase even at a lower price unless of course something negatively huge even beyond bitcoin happens to cause the scenario the OP has painted which seems impossible.
Nobody will ever to do so because bitcoin is giving them all the facilitation and profit and unfortunately if this will happen bitcoin will lower down its prices as it was started, and that must be the black day and people will not do this because they know their benefits in good way and investors will not let down the price of bitcoin because it is the money giving thing.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: sandos on October 12, 2017, 08:15:17 AM
If you mean if everybody sell all their coin. That will be the nightmare for people who join crypto world


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Qunenin on October 13, 2017, 03:46:04 AM
Would there be enough money in the exchanges? Would bitcoin fail?

There is no chance that the value of bitcoin will just turn to zero because there were lots of lost money  bitcoin around even a freeze btc under cold wallet so even people will going to make turn to btc still it has its value then no matter what happen. Just stay focus and keep on see the volume in coinmarketcap and you will be seeing daily volume rise for bitcoins.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: nelsmining on October 13, 2017, 04:45:50 AM
That's not even a possibility. There may be a run but it will correct over time, Its here to stay


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Dontme on October 13, 2017, 05:32:28 AM
Would there be enough money in the exchanges? Would bitcoin fail?
If that will happen I think there will a huge bugs and huge delays. But then I don't think that bitcoin fail because of that bitcoin has enough supply to get paid all of that. If everyone withdraws there are only some bugs and delays bu everything seems fine. I know that they are make sure about this since bitcoin now are getting higher each day I think bitcoin will never fails us.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Darker45 on October 13, 2017, 05:45:40 AM
Would there be enough money in the exchanges? Would bitcoin fail?

I am not sure. But if all bitcoins will be dumped, it will not be on a single dumping act only because they are not owned by a single person. Meaning to say, those that dumped their bitcoins late will only get cents or even nothing. So the exchanges will not be needing much money for all the bitcoins. If there is only selling and not one single buying, I guess it is only a matter of minutes or even seconds before bitcoin's value will turn to zero.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ssgtatn on October 13, 2017, 05:55:41 AM
The price not reach $0 you know why guys? It is because there were lost wallet out there that really cost too much and with lots of btc on it. And there lots more lost coin out there, so there will be no reason to turn this thousands of dollars into zero balance. And also people will not let bitcoin fail, so.exchange will never be worry about that because big investors will really hold their coins for long, How I wish I can be one of them, rich man with btc in my wallet. So I will.not let btc value fall so down.

This is a very good point, bro. You get my support!


Title: Re: What if everyone withdrew their coin in fiat?
Post by: gabmen on October 13, 2017, 07:34:39 AM
Obviously yes. Bitcoin thrives on the volatility caused by demand and supply so if one gets compromised, then eventually there will be a loss of balance which will make btc price plummet to oblivion. Though happily i don't think that's going to ever happen


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Almat on October 13, 2017, 09:34:18 AM
No one knows how much money all exchanges have together. But if you want to get rid of your coins quickly you don't necessarily need to sell them at exchanges, but can also buy products in the internet and then sell the products for money if the exchanges you use wouldn't have enough money on hand for all sellers.

Yeah, but OP is talking about a theoretical scenario. This will never happen.

If everyone let go of their Bitcoins, then its value would obviously be zero. How much would something no one wants sell for?


Title: Re: What if everyone withdrew their coin in fiat?
Post by: pitiflin on October 13, 2017, 11:54:41 AM
Would there be enough money in the exchanges? Would bitcoin fail?
Such a lame thing ain't going to happen bro. Because the crypto community knows what the potential of cryptos is and why would they sell it before they get their return? Even in real life people don't sell stocks like that, some one or the other is available to purchase and sell. Bitcoin can crash because of any possible valid reason but it can soon recover so you don't have to worry much about it.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: albert11 on October 13, 2017, 03:24:41 PM
Of course the value will be zero. Because the price falls if all holders sell. Similarly with the rise of bitcoins prices. This is because many people buy bitcoins. But we know that this will not happen so nothing can stop the future of bitcoins because it will reign and overwhelm the fiat money


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ReLieD on October 13, 2017, 04:31:22 PM
Would there be enough money in the exchanges? Would bitcoin fail?
Dude , what happens to something if it's not in demand? It dies !
If no-one is interested in Bitcoin then obviously the prices will drop down to 0. You should understand this yourself , like forget about Bitcoin take the example of any product or anything. If people don't like it , they don't use it .


Title: Re: What if everyone withdrew their coin in fiat?
Post by: germa66 on October 13, 2017, 05:36:37 PM
Would there be enough money in the exchanges? Would bitcoin fail?
if everyone sells their bitcoin and turns it into fiat then I think the bitcoin price will also wasted, and it will probably be the lowest price in some time, and vice versa if everyone starts buying bitcoin then the price will keep rising until month.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: seekoin on October 13, 2017, 06:47:54 PM
Crypto market is now more than 180 billions of dollar. So, I would think your fears will never happen.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: BillyBobZorton on October 13, 2017, 06:55:28 PM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.

It's not clear to time if exchanges would have enough liquidity to meet the demands of such an insane sell off. I mean it's not even realistic. We are looking at a $94,323,939,141 marketcap as of right now. Are you saying bitcoin exchanges would have that liquidity ready? I don't think so, they would probably be facing bankruptcy. If bitcoin goes to $0, their whole business is a failure because they bet on something that failed.

Luckily for us there is no need to worry about that, that will never happen.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: PancherBitCoin on October 13, 2017, 06:58:50 PM
Would there be enough money in the exchanges? Would bitcoin fail?
if everyone sells their bitcoin and turns it into fiat then I think the bitcoin price will also wasted, and it will probably be the lowest price in some time, and vice versa if everyone starts buying bitcoin then the price will keep rising until month.
To be honest, for today I do not know what to expect from pricing in the crypto currency. Indeed, virtually all of my funds have been invested and I expect a good profit already today, as Bitcoin has again raised its maximum rating. As far as this will go on, no one can predict.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: mrbnson on October 13, 2017, 07:29:42 PM
Crypto market is now more than 180 billions of dollar. So, I would think your fears will never happen.

There are countries with banking sectors bigger than that yet they have had runs on their currencies, it is perfectly feasible and highly likely if proper regulation is not implemented to stop such an event from happening one day.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: dmamigo on October 13, 2017, 07:49:08 PM
Bitcoin being totally withdrawn to local fiats would usually not take place, as the crypto market is thriving and Bitcoin is the primary currency of crypto world. Also the growing value will surely attract new users and they will probably buy, and the old users few of them might sell, but this cycle is going to continue and technically Bitcoin won't be completely withdrawn to fiats.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: cryptoalfs76 on October 13, 2017, 10:53:17 PM
Would there be enough money in the exchanges? Would bitcoin fail?

if someone bitcoiners will withdrawn there bitcoin and turn into fiat money the crypto market will not be empty because  there are some  new investor join and turn there local currency  into a bitcoin.the new investor will attract because of the biggest  value of the bitcoin.we know that  the statistic fundamental  of bitcoin will pump & dump, if they found out that the value of its bitcoin became higher ,they will attract and invest more and more digital currency, the old investor turn back there money to btc.the scenario are always disame vice versa, there are investor out and more investor going in because they know they have a future in bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: eloymjb on October 13, 2017, 10:59:36 PM
 if everyone withdrew their coin. mostly the effect of is to dump all the coins and being priceless soon. if everyone doesn't value their coins is it the time that all coins are being worthless and being trash.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: thisappointed on October 13, 2017, 11:06:31 PM
If they will withdraw their coins into fiat then there will be no volume in the market and i think there will be a shortage in fiat support for different exchanges and there will be no transaction will be made if they will just withdraw it all once. The mining will fail because of the lack of transaction to confirm so they will not get rewards and also the bitcoin can fail also because of that.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Oceat on October 13, 2017, 11:21:44 PM
Would there be enough money in the exchanges? Would bitcoin fail?
Not necessarily fail, Let's assume that this will happen, There will be fall at price but surely it will not result into a failure, bitcoin still there and will be there always.
It can only fail if everyone wants to pull out their funds into fiat, which is practically not possible and in that case, it may just end up in one or few person's wallet apparently, since it will definitely have to exchange hands anyway just like any other currency.

However, this cannot be possible at this stage and there will always be people willing to purchase even at a lower price unless of course something negatively huge even beyond bitcoin happens to cause the scenario the OP has painted which seems impossible.
Nobody will ever to do so because bitcoin is giving them all the facilitation and profit and unfortunately if this will happen bitcoin will lower down its prices as it was started, and that must be the black day and people will not do this because they know their benefits in good way and investors will not let down the price of bitcoin because it is the money giving thing.
I don't think it will happen since the fluctuation will always occur and the last person who will ever gonna sell their btc will be more likely not gonna get a good profit. And when this will happen it will create a large blocks and mostly gonna create a longer transactions that might takes a lot of time because of the traffic that they made.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: zeaderza on October 14, 2017, 09:40:40 AM
Would there be enough money in the exchanges? Would bitcoin fail?
Dude , what happens to something if it's not in demand? It dies !
If no-one is interested in Bitcoin then obviously the prices will drop down to 0. You should understand this yourself , like forget about Bitcoin take the example of any product or anything. If people don't like it , they don't use it .
Failing of bitcoin is nearly impossible because there are a lot of investors who are making deals in bitcoin on daily basis and if all the people will sell and flat out their money bitcoin will suffer in that condition but not all will do this because it is the most profitable coin, and the time will come again that its price will go back at the higher level.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: raven7886 on October 14, 2017, 06:18:00 PM
We know that this is a shame now. But I will answer your question

Probably yes, If everyone is going to sell their Bitcoins holds. The value of bitcoins will definitely be 0.
Right since it is a conditional! But wrong because it is impossible. The value of bitcoin can never be zero cause it was never even zero when it all started.

Don’t forget that someone is buying and it is the value the person places on it that it will remain. The worst is that it will be worthless if there is no one to buy it back which is pretty much not possible at this stage. However, this is something that can never happen so we should focus on pretty much better things than non feasible stuffs.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: bitcoin31 on October 14, 2017, 08:01:25 PM
I think if everyone convert their coin to fiat the price will decrease or fall but its not now and not in the next fee years. I think not allpeople convert their fiat in the same time and not all people do that because if they convert their coin for sure the price will decrease and other people buy bitcoin because they want to earn profit so they buy cheap bitcoin price .


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Anndrianno on October 14, 2017, 08:16:39 PM
This cannot happen as everyone just won't do that. However, in theory (if that's possible at all) all the exchanges will have to make up for that, which will mean the large decrease of BTC and all other alternative cryptocurrencies. So if that's the doomsday of the cryptocurrencies and some exchanges will get closed and some of major holders would be found committing suicides, all the governments, which have banned ICO's and alternative coins will be telling the society how right they were and how genially they've managed to forsee the upcoming bubble and top of that will be Jamie Dimon dwelling about american dream, patriotism, stupidity of traders and investors, involved in operations with Bitcoin and all that kind of hilarious nonsense.

Though it won't happen cause we will hold it till the very end of the World... As we are bitcoin investors and that's why BTC is stable and will always bee- it's supported by people


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Ahiaba on October 14, 2017, 10:55:53 PM
Withdraw of Bitcoin by the holder doesn't necessary mean Bitcoin will depreciate in value because as you are busy selling someone else is buying them and hold for a period of time and when the demand becomes high then, that increase the market value of Bitcoin to where is was or above the previous level.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: hitrawal91 on October 15, 2017, 01:14:58 AM
Exchanges having enough Fiat money doesn't prove the bitcoin to fall $0. Its in hand of the traders and their control over the demand and supply of Bitcoins. Of-course if the exchanges are having enough Fiat currency and if all the traders are short selling in huge positions then only BTC will dump to zero price otherwise don't expect it. I am sure that it wont happen for any reason, till people are actively using bitcoin with positive attitude and having faith in it :) .


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Indrawan77 on October 15, 2017, 01:22:50 AM
Yes the exchanger will got enough money to pay all the investors, and if everyone sell their bitcoin the price will fall down to zero and the exchanger will in the brink of bankruptcy
that will be a huge shock for crypto currencies, if this is happening I think crypto currencies will be collapsed and nobody want to invest anymore, all the alt coin will also die


Title: Re: What if everyone withdrew their coin in fiat?
Post by: wuvdoll on October 15, 2017, 10:46:06 AM
Would there be enough money in the exchanges? Would bitcoin fail?
Not necessarily fail, Let's assume that this will happen, There will be fall at price but surely it will not result into a failure, bitcoin still there and will be there always.
It can only fail if everyone wants to pull out their funds into fiat, which is practically not possible and in that case, it may just end up in one or few person's wallet apparently, since it will definitely have to exchange hands anyway just like any other currency.

However, this cannot be possible at this stage and there will always be people willing to purchase even at a lower price unless of course something negatively huge even beyond bitcoin happens to cause the scenario the OP has painted which seems impossible.
People especially those who believe in btc may not convert their coins yet into fiat, as we see we do beloeve in coins long term holding that will help us to earn more as time passed by.
At the long run, it turns to a means of daily transaction or a digital asset as the case may be. The value has been place on it already even at this little stage and it will be hard to have it devalued than it is already. So many support is there for bitcoin that when they see it lower than it is, they already understand it is a good time to buy as there will always be something to do with it in future and which is why we are here.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: yrreg ger on October 15, 2017, 06:52:50 PM
I think if everyone convert their coin to fiat the price will decrease or fall but its not now and not in the next fee years. I think not allpeople convert their fiat in the same time and not all people do that because if they convert their coin for sure the price will decrease and other people buy bitcoin because they want to earn profit so they buy cheap bitcoin price .

I think that there are more important concern than the decrease of bitcoin value and that is the lost opportunity to a bigger profit. Bitcoin is volatile and because of this, there is a constant change in the price of bitcoin wherein most of it is increases. It is true that if many people will sell bitcoin its value will degrade but come to think of it, if bitcoin is converted into regular currencies their money will be in fixed rate now therefore loosing the chance to have a greater value because if constant increases of bitcoin's price.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Zeveru1001 on October 15, 2017, 07:11:45 PM
Would there be enough money in the exchanges? Would bitcoin fail?
Surely the price for bitcoin would go much below as it is nowBitcoins can hardly replace the local currency. Bitcoin is a best cryptocurrency and a digital currency but the chances of replacing the local currency with bitcoins is nearly impossible. if most of the people start dumping bitcoins or start selling their coins for fiat. This will gradually increase the sell orders and it will decrease the price for that particular coin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: cryptoXeon on October 15, 2017, 07:23:48 PM
With such volatility of cryptocurrency, If there's panic selloff into FIAT currencies it surely will create ripple across banking sector. There's no regulations in crytpcurrency but ppl are investing for most part to get financial gains in FIAT currencies.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Siren on October 15, 2017, 08:30:42 PM
Would there be enough money in the exchanges? Would bitcoin fail?

If everyone withdrew their funds in a exchanges of course bitcoin will fall and may go to 0 value. Will there be enough money for the exchange to cover all the withdrawal? They should be solvent in the first place. This scenario is like a bank run, wherein all the depositors withdraw all their money simultaneously because they are afraid about the bank's solvency.

But I highly doubt that this scenario will happen to bitcoin. And if even a big few whales dump their bitcoins, they will be still a good amount of people who are going to purchase bitcoin because we love to buy in dips. So I think this will unlikely to happened.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Koadharber on October 15, 2017, 08:34:17 PM
If everyone did withdraw their coin in fiat then expect price would really go to the bottom or would even go to 0 which would really make a coin with no value at all.Come to think off that if people lose interest on a certain coin and dump it and no one would really buy it then consider that coin as dead.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: virtualkeybuyer on October 15, 2017, 10:25:57 PM
Withdraw of Bitcoin by the holder doesn't necessary mean Bitcoin will depreciate in value because as you are busy selling someone else is buying them and hold for a period of time and when the demand becomes high then, that increase the market value of Bitcoin to where is was or above the previous level.
Buying and selling is something which is going to happen in the world of business especially when we talk about bitcoin. There is no way that we can experience such kind of thing and too in case of crypto currencies. In case there comes a time when all the owners of the crypto coins withdraw it into fiat, then digital money will be of use. Though it is not at all possible to happen.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: wahb on October 15, 2017, 11:36:41 PM
I think if everyone convert their coin to fiat the price will decrease or fall but its not now and not in the next fee years. I think not allpeople convert their fiat in the same time and not all people do that because if they convert their coin for sure the price will decrease and other people buy bitcoin because they want to earn profit so they buy cheap bitcoin price .
Everyone converting money into fiat mean that panic selling, so the price of bitcoin will certainly start falling and it will just as crash like situation, but i think it is not possible in near future, because in near future people trend is to buy more and more bitcoin, the increasing demand of bitcoin is in fact decreasing the supply and so the price goes up.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Shamie1002 on October 16, 2017, 01:01:32 PM
When people sell large amount of BTC for fiat, supply increases and prices will proportionally go down. And I think when this happen, the last group will be receiving the cheapest value of bitcoin. There will be no instances that they will get the same value and I think those who will convert first will be experiencing slow transactions. I think it will be a long line. 


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Denamen on October 16, 2017, 04:29:15 PM
In my view, this can not happen. Because If Bitcoin has value and the price still goes up, People will trust in Bitcoin and still invest Cryptocurrency. Do not worry about this situation, men.  8)


Title: Re: What if everyone withdrew their coin in fiat?
Post by: MyIdeas on October 16, 2017, 09:35:14 PM
When people sell large amount of BTC for fiat, supply increases and prices will proportionally go down. And I think when this happen, the last group will be receiving the cheapest value of bitcoin. There will be no instances that they will get the same value and I think those who will convert first will be experiencing slow transactions. I think it will be a long line. 
First thing is it is not at all possible to see such kind of thing in the future. In case, there comes a time when we experience such kind of scenario that all the people who owns bitcoin and other crypto coins convert their money into fiat, then it is not possible for crypto coins to survive in this world. This will result in loss of value as well as market price of bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: digaran on October 16, 2017, 11:26:50 PM
$2.200,000,000 is an average of Bitcoin daily trading volume, every body is selling, and the new people buying them will sell as well. if %100 of Bitcoin holders sell at once, price will hit $1 and those who bought cheap will become the crypto kings when another 10M people out of 7.5B notice something like BTC exist.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: AmXProX on October 17, 2017, 05:28:38 AM
Would there be enough money in the exchanges? Would bitcoin fail?

It will cause for the price to go down. So when you have 1 million Bitcoin the price of it converted to USD is not its real value.

On today's price of bitcoin which is $5600 it doesn't mean that your coin is worth $5.6Bn if you try to offer it on exchanges in one lump sum the price will automatically fall because of the large amount that is available on the market.

The price that we are seeing on the exchanges is based on the supply that is available on the market and the demand of the people who wants to get a piece of that coin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: raygchannel on October 17, 2017, 06:45:51 AM
The price not reach $0 you know why guys? It is because there were lost wallet out there that really cost too much and with lots of btc on it. And there lots more lost coin out there, so there will be no reason to turn this thousands of dollars into zero balance. And also people will not let bitcoin fail, so.exchange will never be worry about that because big investors will really hold their coins for long, How I wish I can be one of them, rich man with btc in my wallet. So I will.not let btc value fall so down.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Smarty14392 on October 17, 2017, 06:55:55 AM
That's not even a possibility. There may be a run but it will correct over time, Its here to stay
This is hardly any chance of this to occur. Yes, it is very much possible that everyone starts converting their paper money into crypto currency. The future is of crypto currency and I don’t think so that anyone who is having any crypto currency will ever think of converting it back to paper money. This is just like losing your own income and profit.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Ewox on October 17, 2017, 07:13:18 AM
If everyone did withdrew their coins in fiat then bitcoin would go back to the price when it first started and obviously the alternate coins wouldn't have value too. Exchanges would be on loss and everyone would panic for sure. But that's too far from happening in real life yet.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: coin_1122 on October 17, 2017, 07:29:58 AM
I think if everyone convert their coin to fiat the price will decrease or fall but its not now and not in the next fee years. I think not allpeople convert their fiat in the same time and not all people do that because if they convert their coin for sure the price will decrease and other people buy bitcoin because they want to earn profit so they buy cheap bitcoin price .
Everyone converting money into fiat mean that panic selling, so the price of bitcoin will certainly start falling and it will just as crash like situation, but i think it is not possible in near future, because in near future people trend is to buy more and more bitcoin, the increasing demand of bitcoin is in fact decreasing the supply and so the price goes up.

Exactly, it will not happen because daily many new people are entering the market and buying the Bitcoin with the fiat currency. Few people are converting to fiat currency when they make profits on the Bitcoin but most of the people are still holding the Bitcoins.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: BarbieCasino on October 17, 2017, 06:41:03 PM
In my view, this can not happen. Because If Bitcoin has value and the price still goes up, People will trust in Bitcoin and still invest Cryptocurrency. Do not worry about this situation, men.  8)
The bitcoin is being use by a lot of the people and it is not yet possible to make bitcoin better than the other currencies. If the bitcoin will get down then we will not be able to have the huge income so be the bitcoin user and never try to withdraw the bitcoin and the money be very high in just a few days joining the signature campaign is the other source of income so be the online shopping user. For case of the extra money.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: katrimans on October 19, 2017, 07:14:27 AM
In my view, this can not happen. Because If Bitcoin has value and the price still goes up, People will trust in Bitcoin and still invest Cryptocurrency. Do not worry about this situation, men.  8)
Yes nothing like that will happen because bitcoin is satisfying its users and they are happy with its progress and if some propaganda will be started like that then investor are mature they will not participate in such activity because they know bitcoin is name of hope and all the bitcoin revenue is delivered to them for their sakes so why to put bitcoin in such a suffering condition.



Title: Re: What if everyone withdrew their coin in fiat?
Post by: Kava on October 19, 2017, 10:29:03 AM
Would there be enough money in the exchanges? Would bitcoin fail?
Well, in principle, yes there will be no demand, so he simply will not be able to raise the price. Therefore, at zero level, bitcoin simply becomes an unnecessary and forgotten coin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ubeng07 on October 19, 2017, 10:49:55 AM
I think if everyone convert their coin to fiat the price will decrease or fall but its not now and not in the next fee years. I think not allpeople convert their fiat in the same time and not all people do that because if they convert their coin for sure the price will decrease and other people buy bitcoin because they want to earn profit so they buy cheap bitcoin price .
Everyone converting money into fiat mean that panic selling, so the price of bitcoin will certainly start falling and it will just as crash like situation, but i think it is not possible in near future, because in near future people trend is to buy more and more bitcoin, the increasing demand of bitcoin is in fact decreasing the supply and so the price goes up.

Exactly, it will not happen because daily many new people are entering the market and buying the Bitcoin with the fiat currency. Few people are converting to fiat currency when they make profits on the Bitcoin but most of the people are still holding the Bitcoins.

This is really happen i have a friend and he want to invest with me he has a 30k cash and he want to invest it then i am the kne who manage i told him that he might study the trading i dont want hin to invest and i am the one who will manage and i dont want that happen. And that was some people turn their fiat currency to invest so i dont think so that some will withdraw their coin into fiat currency.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: DHORBUNOV on October 19, 2017, 10:57:24 AM
Would there be enough money in the exchanges? Would bitcoin fail?

I think that the bitcoins are still not completely untwisted. Time will pass and everyone will use them, and then we'll see


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Dralarn on October 19, 2017, 03:05:03 PM
It's really unlikely that everyone will sell BTC at the exact same time and all of their holding (all together). But yes, if people start selling BTC for USD, the price will fall as expected, this is usually the case when some news pop out about some countries banning the currency, or when forks happen (difficulties or whether it went smooth). In any case, it's very unlikely that everyone will sell at the same time, you will definitely have enough time to liquidate your holding if you see the price going down, but that would make you a trader and not a holder. A holder is someone who doesn't care about the short-term news and their effects, but sees the "big picture". A crisis and negative news happen, but they are usually resolved after some time.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: MoneyIsDebt on October 19, 2017, 04:57:47 PM
I think if everyone convert their coin to fiat the price will decrease or fall but its not now and not in the next fee years. I think not allpeople convert their fiat in the same time and not all people do that because if they convert their coin for sure the price will decrease and other people buy bitcoin because they want to earn profit so they buy cheap bitcoin price .
Everyone converting money into fiat mean that panic selling, so the price of bitcoin will certainly start falling and it will just as crash like situation, but i think it is not possible in near future, because in near future people trend is to buy more and more bitcoin, the increasing demand of bitcoin is in fact decreasing the supply and so the price goes up.
I don't think so, that will ever happen if every thing will be normal like this. In current scenerio the growing value will surely attract new users and they will probably buy, and the old users few of them might sell, but this cycle is going to continue and technically Bitcoin won't be completely withdrawn to fiats. I think right now the condition is just normal and this will only happen if situation like world war will ever happen or anything like this and surely in this state there is no conformation of this kind of act.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: gabmen on October 21, 2017, 08:53:33 AM
I think if everyone convert their coin to fiat the price will decrease or fall but its not now and not in the next fee years. I think not allpeople convert their fiat in the same time and not all people do that because if they convert their coin for sure the price will decrease and other people buy bitcoin because they want to earn profit so they buy cheap bitcoin price .
Everyone converting money into fiat mean that panic selling, so the price of bitcoin will certainly start falling and it will just as crash like situation, but i think it is not possible in near future, because in near future people trend is to buy more and more bitcoin, the increasing demand of bitcoin is in fact decreasing the supply and so the price goes up.
I don't think so, that will ever happen if every thing will be normal like this. In current scenerio the growing value will surely attract new users and they will probably buy, and the old users few of them might sell, but this cycle is going to continue and technically Bitcoin won't be completely withdrawn to fiats. I think right now the condition is just normal and this will only happen if situation like world war will ever happen or anything like this and surely in this state there is no conformation of this kind of act.

Well we all know what happens when people panic sell. We've seen thr effects of it several times in the past. The price drops down pretty quick and the waiting whales are having a great time buying and acquiring more bitcoins.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Nerman on October 21, 2017, 09:39:14 AM
I am sure this will not happen because as a bitcoin holder  I will never sell, but just for the sake of the topic. The answer would be bitcoin is worthless. As we all know the price of anything would be the buyers willingness to pay for it. If this happens most likely it is the end of the world as we know it. The effect is not only limited to Bitcoin but to other alt coins as well we can expect that when bitcoin hits $0 then most likely others will hit $0 as well.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Rajamuda on October 21, 2017, 09:51:52 AM
It's not possible at all if everyone has the same decision to withdraw their coins in fiat, of course.. each person has a different opinion in predicting the coins and certainly of the many people who will still holding and waiting or keep investing in other coins.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: milewilda on October 31, 2017, 03:25:10 PM
I think if everyone convert their coin to fiat the price will decrease or fall but its not now and not in the next fee years. I think not allpeople convert their fiat in the same time and not all people do that because if they convert their coin for sure the price will decrease and other people buy bitcoin because they want to earn profit so they buy cheap bitcoin price .
Everyone converting money into fiat mean that panic selling, so the price of bitcoin will certainly start falling and it will just as crash like situation, but i think it is not possible in near future, because in near future people trend is to buy more and more bitcoin, the increasing demand of bitcoin is in fact decreasing the supply and so the price goes up.
I don't think so, that will ever happen if every thing will be normal like this. In current scenerio the growing value will surely attract new users and they will probably buy, and the old users few of them might sell, but this cycle is going to continue and technically Bitcoin won't be completely withdrawn to fiats. I think right now the condition is just normal and this will only happen if situation like world war will ever happen or anything like this and surely in this state there is no conformation of this kind of act.

Well we all know what happens when people panic sell. We've seen thr effects of it several times in the past. The price drops down pretty quick and the waiting whales are having a great time buying and acquiring more bitcoins.

You are right we do already see on how the market behaves if people do tends to panic sell.Price do eventually go down but theres always whales who do wait for the right time to buy or accumulate cheap bitcoins for them to buyback again.If the time that all people withdraw their bitcoin into fiat or coins then we would really definitely see drastic price decrease.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: wiaczeslaw on October 31, 2017, 03:42:09 PM
this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one :)


Title: Re: What if everyone withdrew their coin in fiat?
Post by: HeadDe on October 31, 2017, 03:53:32 PM
As i remember exchanges that allow fiat trading have to maintain the amout of fiat on their account according to SEC rules.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Qartersa on October 31, 2017, 04:10:49 PM
It will not have an effect on Bitcoins' supply because the supply of Bitcoins will just be the same. Imagine a gold being converted to fiat. The gold supply is still there and in fact remains the same. Just that you have fiat in exchange for value of the gold you once held.

But when it comes to demand, there MAY be changes ONLY if there will be decrease in demand. Meaning, when nobody would want to hold Bitcoins anymore. Nonetheless, this will only have little effect because the growth of Bitcoins have been impressive the past few years.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: redsun114 on November 02, 2017, 10:37:15 AM
this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one :)
The first thing is this that it is not at possible for this thing to happen, not in any way. In case there comes a time when we see the all the owners of crypto coins withdrawing their coins into paper money, then I think this thing will have very much serious consequences. This will affect the reputation of crypto currency severely and it will result in huge decrease in the market price of coins as well.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: airdagon on November 02, 2017, 05:59:30 PM
Would there be enough money in the exchanges? Would bitcoin fail?
If that happens then there will be a very big change.
Supply will continue to increase and demand will fall.
this will cause a fall in prices.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ckorbba on November 02, 2017, 09:47:09 PM
this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one :)
The first thing is this that it is not at possible for this thing to happen, not in any way. In case there comes a time when we see the all the owners of crypto coins withdrawing their coins into paper money, then I think this thing will have very much serious consequences. This will affect the reputation of crypto currency severely and it will result in huge decrease in the market price of coins as well.
Perhaps this is happening today, because if you watch the market trend, you can definitely make sure that you are very much in price fluctuations, or even fall at the bottom of the levels.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: swaptaker on November 02, 2017, 09:50:53 PM
this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one :)
The first thing is this that it is not at possible for this thing to happen, not in any way. In case there comes a time when we see the all the owners of crypto coins withdrawing their coins into paper money, then I think this thing will have very much serious consequences. This will affect the reputation of crypto currency severely and it will result in huge decrease in the market price of coins as well.
Perhaps this is happening today, because if you watch the market trend, you can definitely make sure that you are very much in price fluctuations, or even fall at the bottom of the levels.

But they are talking about something different. Remember USDT crysis between tether and american banks. The value of tether was $0.9 at that thim and Bitfinex was still issuing new USDTs without backing it.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: goaldigger on November 03, 2017, 01:21:02 AM
Bitcoin to fiat. It would be risky if people carry their money all in fiat. Maybe we can do it by withdrawing bitcoin and putting it in banks so it can become digits and making transactions by debiting or by getting just a sufficient amount of money for your needs. In that way, we can have a normal supply of fiat on circulation.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: n0ne on November 03, 2017, 01:27:44 AM
this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one :)
The first thing is this that it is not at possible for this thing to happen, not in any way. In case there comes a time when we see the all the owners of crypto coins withdrawing their coins into paper money, then I think this thing will have very much serious consequences. This will affect the reputation of crypto currency severely and it will result in huge decrease in the market price of coins as well.
Yes, such situations never exists. If this happens too, it won't happen with the entire digital currency as a whole. This will surely collapse the term digital currency as well gives an outlook that digital currencies were scams. Believe such a situation never exist, as more people get into digital currency usage rather than leaving the market.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: boris singer on November 03, 2017, 03:25:46 AM
Based on what circumstances would everyone in every country of this world decide to exchange his bitcoin in fiat money? If those circumstances doesn't exist then your scenario will never happen!

What is the sense of asking for something that will never happen?

The majority are still connected with regulatory issues that have not been done until now, bitcoin can also experience inflation if people return 100% believe in fiat, but this possibility is very small because the convenience of bitcoin in online business is increasing and can not be dammed. even effective even though not supported by government.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Aaroenz0r on November 03, 2017, 05:11:28 AM
I think this case will not happen. There is no reason to all people withdraws their coins. If all people wanna withdraw coins, who will buy their coins? :v


Title: Re: What if everyone withdrew their coin in fiat?
Post by: andthereyou on November 09, 2017, 08:00:28 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes bitcoin will fall as well as other altcoins. However it's impossible to happen millions of people already trusted cryptocurrency.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: dustboy on November 09, 2017, 08:53:08 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes bitcoin will fall as well as other altcoins. However it's impossible to happen millions of people already trusted cryptocurrency.

It is not impossible at all, it may happen if there is a very big news or issue about cryptocurrency. For example, if all countries do the same what have been done by China so it will force all people to sell their coins immediately. Obviously, no one expecting it as they believe with the future of cypto like what you said. In case all countries have the same regulation then for sure bitcoin will fall because no one will be able to use it for any purposes.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: BitcoinPC on November 09, 2017, 12:48:36 PM
For each person that wants to exchange say USD for BTC, there has to be someone that wants to grab that order on an exchange.  Most exchanges do not do the FIAT to BTC or vice versa, they simply handle the mechanics and the withdraws and deposits.  You cannot sell what everyone is trying to also sell, there has to be a buyer on the other side.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Ardenoss on November 09, 2017, 03:51:55 PM
Certainly it's difficult to happen. Because everyone holds bitcoins for different purposes and plans, so there will never be a bitcoin exchange to fiat simultaneously.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: dieselmeister on November 09, 2017, 04:26:09 PM
If all people sell Bitcoin to receive dollars, I think certainly, Bitcoin will go to the hell. With panic sell, altcoins died too. It's terrible


Title: Re: What if everyone withdrew their coin in fiat?
Post by: flatnose101 on November 11, 2017, 08:16:09 PM
this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one :)
The first thing is this that it is not at possible for this thing to happen, not in any way. In case there comes a time when we see the all the owners of crypto coins withdrawing their coins into paper money, then I think this thing will have very much serious consequences. This will affect the reputation of crypto currency severely and it will result in huge decrease in the market price of coins as well.
Yes, such situations never exists. If this happens too, it won't happen with the entire digital currency as a whole. This will surely collapse the term digital currency as well gives an outlook that digital currencies were scams. Believe such a situation never exist, as more people get into digital currency usage rather than leaving the market.
they will never do that exactly because they will know if that might happen and if they take to sell bitcoin that they are holding they may have some regret and cause to fail of them not in bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: kkofor on November 11, 2017, 08:45:22 PM
If all people withdraw coin in fiat, the market will be dropped. But I think that there is no reason for the investor to do that.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: PointHope on November 11, 2017, 09:08:19 PM
If all people withdraw coin in fiat, the market will be dropped. But I think that there is no reason for the investor to do that.

A much more likely scenario is for more and more people to move into truly decentralized crypto currencies, which will  collapse central banking an central government.

The only way for central governments to stop this is to declare war on the people.
When that happens; the people won.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Hanako on November 11, 2017, 09:27:50 PM
Then many of them the value of the coins will bw drop down and does not will recover fast because all of it's coin withdrawn into fiat? Better to have strong foundation to help increased it's value fast and better


Title: Re: What if everyone withdrew their coin in fiat?
Post by: adsdas on November 11, 2017, 09:57:20 PM
I don't think that the day will happen. If some people panic sells some coins. The price is too low and then other investors will buy again.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: shata on November 11, 2017, 10:20:04 PM
If all people withdraw coin in fiat, the market will be dropped. But I think that there is no reason for the investor to do that.

I think it will happen when there's a big reason for the investor to do that when there's a fear of a big war like worldwar 3. Massive drop of bitcoin price will generally happen due to market volume will crash if people will do that and that certainly results to crash of bitcoin. But of todays current situations of bitcoin rising scenario people who patiently invested their wealth over bitcoin's economic system, I am not confident that they will have the will to do that because it may reach bigger value soon as price will rise even better.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: bamb on November 11, 2017, 10:46:44 PM
If everyone withdraw there money to fiat, I can tell you that there will not be enough fiat on the exchange. As a consequence of this, bitcoin will fall and eventually get to zero. Why? because a lots of bitcoin will be chasing few fiat and supply will overwhelm demand!


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Ljanesanti on November 12, 2017, 02:51:15 AM
Though I dont think that will happen, and what could be the reasons there must be huge reason why those thing could exist. But thinking it could happen, of course when that happen a lot of people will still invest and keep the industry going, the price will slopedown and of course with this more investors would get in.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: kanmo on November 12, 2017, 03:16:17 AM
If everybody dumps then the price of all crypto will go to Zero. Its a red flag for crypto world.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: PokerFace3 on November 12, 2017, 02:43:42 PM
It will not have an effect on Bitcoins' supply because the supply of Bitcoins will just be the same. Imagine a gold being converted to fiat. The gold supply is still there and in fact remains the same. Just that you have fiat in exchange for value of the gold you once held.
We are even the ones that fixed the value based on how we have perceived it and as long as bitcoin remains valuable and useful, there is no way everyone would want to dump what they are holding. Even if at all we have only one person buying and decide to buy everything from everyone's hand in the world, bitcoin will still have a value for him. But really, this is something that cannot happen, so it is really not worth imagining.

this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one :)
It is really something that cannot happen. Unless bitcoin becomes extremely worthless that no one is willing to buy is when we will see such crazy dump. Even if everyone decides to drop all they have, we have to understand that it is at least one person that is buying all of them, so at the end, everyone cannot dump their bitcoin for fiat.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: streazight on November 13, 2017, 07:40:29 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes bitcoin will fall as well as other altcoins. However it's impossible to happen millions of people already trusted cryptocurrency.

It is not impossible at all, it may happen if there is a very big news or issue about cryptocurrency. For example, if all countries do the same what have been done by China so it will force all people to sell their coins immediately. Obviously, no one expecting it as they believe with the future of cypto like what you said. In case all countries have the same regulation then for sure bitcoin will fall because no one will be able to use it for any purposes.
One thing I am sure of is that every country cannot do the same thing China has done and that in effect would even be more like an attack on bitcoin if we see all countries doing that. Moreover, China did not even ban bitcoin or cryptocurrencies asides from shutting down exchanges and banning ICOs.

We have gotten to a stage where any country cannot just decide anything as long as the community is strong and we all agree to keep using the coin. It's a free world, but for everyone dropping their coin for fiat ?

Imagine who you will even be able to sell it to at some point as no one will want to be a bag holder of coin no one wants.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: gabmen on November 13, 2017, 12:33:24 PM
If everybody dumps then the price of all crypto will go to Zero. Its a red flag for crypto world.

First of all that's folly. But in the moat impossible case that it will happen, of course crypto will fall. Though some people would be at a loss especially those who will withdraw last. Ita far from happening so don't worry


Title: Re: What if everyone withdrew their coin in fiat?
Post by: zeaderza on November 14, 2017, 06:33:37 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes bitcoin will fall as well as other altcoins. However it's impossible to happen millions of people already trusted cryptocurrency.
In my opinion, it is not at all possible for this thing to happen and that too in real world. There is no way that all of the investors of bitcoin will withdraw their money out of bitcoin. In case this thing ever happens, then I am afraid that the survival of bitcoin will be really difficult. The market price of bitcoin will fall down in a significant manner and it will bring down the market of bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Semaj123 on November 14, 2017, 12:14:04 PM
Would there be enough money in the exchanges? Would bitcoin fail?
There will be a big effect on bitcoin value if most of the investors start to wwithdraw their investment in every exchange or it will be dead or will be worthless, but i do not think it will happen because i always feel that bitcoin is on their progress due to continuous increasing of the demand that is why value of bitcoin is very attractive to many investors and it always profitable until it is existed.

Yeah and it could create a high demand and cause bitcoin to be more volatile. But i dont think that it will happen because the longer we hold bitcoin the higher the profit we can get.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Cosbycoin on November 16, 2017, 07:34:49 AM
It will not have an effect on Bitcoins' supply because the supply of Bitcoins will just be the same. Imagine a gold being converted to fiat. The gold supply is still there and in fact remains the same. Just that you have fiat in exchange for value of the gold you once held.
We are even the ones that fixed the value based on how we have perceived it and as long as bitcoin remains valuable and useful, there is no way everyone would want to dump what they are holding. Even if at all we have only one person buying and decide to buy everything from everyone's hand in the world, bitcoin will still have a value for him. But really, this is something that cannot happen, so it is really not worth imagining.

this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one :)
It is really something that cannot happen. Unless bitcoin becomes extremely worthless that no one is willing to buy is when we will see such crazy dump. Even if everyone decides to drop all they have, we have to understand that it is at least one person that is buying all of them, so at the end, everyone cannot dump their bitcoin for fiat.
This is only possible if the price of bitcoins gets to the lowest value. Actually as far as the present situation is concerned the use of bitcoins has taken over the market either it is in terms of investments, sharing and the use of digital assets for the transaction of money.

We cannot say with surety that what would be the future of digital currencies but yes it is not possible in near future that whole of the coins would get converted into the fiats.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: slemor83 on November 16, 2017, 07:41:50 AM
If anyone or group of persons decide to withdraw all their Crypto coins in fiat currency, be sure there is always someone or a group of people willing and ready to buy it off. But if you meant withdrawing directly into fiat cash without having to use Exchanges then its a welcomed development.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: lienfaye on November 16, 2017, 08:08:12 AM
Would there be enough money in the exchanges? Would bitcoin fail?
This is not possible to happen because we know that everyone put their trust in bitcoin as an investment that can give huge profit for long term. But if ever the scenario came to reality the value of bitcoin will drop drastically if all users cash out their bitcoin. However we need also buyers in the exchange to make this happen, and if everyone wants to sell i dont think there are enough buyers for this.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: mace15 on November 16, 2017, 08:25:56 AM
Would there be enough money in the exchanges? Would bitcoin fail?
There will be a big effect on bitcoin value if most of the investors start to wwithdraw their investment in every exchange or it will be dead or will be worthless, but i do not think it will happen because i always feel that bitcoin is on their progress due to continuous increasing of the demand that is why value of bitcoin is very attractive to many investors and it always profitable until it is existed.

Yeah and it could create a high demand and cause bitcoin to be more volatile. But i dont think that it will happen because the longer we hold bitcoin the higher the profit we can get.
I think in reality this would not happen for now. As bitcoin creates demand worldwide and adopts by many. If and if people will withdraw their coin into fiat ofcourse the start to collapse. But with these days btc would be increasing its demand and it will continue to be.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: khalifa25 on November 16, 2017, 08:57:19 AM
To me bitcoin being totally withdrawn to local fiats would usually not take place, as the crypto market is thriving and Bitcoin is the primary currency of crypto world. Also the growing value will surely attract new users and they will probably buy, and the old users few of them might sell.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Kunlejoe0 on November 16, 2017, 09:01:34 AM
This is kind of scenerio that will never happen. Even if there are natural disaster in every region of the world. The unlikely event of everyone withdrawing at same time is what is called fractional reserve. That is what model banking is based on.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: noormcs5 on November 16, 2017, 09:06:24 AM
Would there be enough money in the exchanges? Would bitcoin fail?
There will be a big effect on bitcoin value if most of the investors start to wwithdraw their investment in every exchange or it will be dead or will be worthless, but i do not think it will happen because i always feel that bitcoin is on their progress due to continuous increasing of the demand that is why value of bitcoin is very attractive to many investors and it always profitable until it is existed.

Yeah and it could create a high demand and cause bitcoin to be more volatile. But i dont think that it will happen because the longer we hold bitcoin the higher the profit we can get.
I think in reality this would not happen for now. As bitcoin creates demand worldwide and adopts by many. If and if people will withdraw their coin into fiat ofcourse the start to collapse. But with these days btc would be increasing its demand and it will continue to be.

Yeah, it is not happening now and also in future we are not seeing that people will do it. It is a proof that every bitcoin users want to hold bitcoin and also give suggest to others just hold it and in future our new generation definitely want to buy bitcoin and will being a part of bitcoin. It is a trading people buy it sell it and hold it in a long way, this circle always continue.   


Title: Re: What if everyone withdrew their coin in fiat?
Post by: dg2010 on November 16, 2017, 09:09:17 AM
If all people around the world withdraw BTC. I'm sure that it will fail. But I think that there is no reason to people do that. Bitcoin is still rising, investors still hold to get profit


Title: Re: What if everyone withdrew their coin in fiat?
Post by: yubsep on November 16, 2017, 09:18:27 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes, They have enough money! But BTC will not fail, It's trading buy low - sell high when this time is coming, You will see traders and investors buying more and more.
Money is Money nothing else ...


Title: Re: What if everyone withdrew their coin in fiat?
Post by: wuvdoll on November 17, 2017, 10:26:39 AM
If all people withdraw coin in fiat, the market will be dropped. But I think that there is no reason for the investor to do that.

A much more likely scenario is for more and more people to move into truly decentralized crypto currencies, which will  collapse central banking an central government.

The only way for central governments to stop this is to declare war on the people.
When that happens; the people won.
What makes it even more interesting is that Bitcoin is not just a state thing but a global thing, which makes it extremely hard for the Federal Government of any country to wake up one day and start declaring war on the users of bitcoin.
If it was that easy, they would have done it by now than succumbing and seeing how they can regulate it.

Moreover, declaring war on people is more like stamping on their rights cause I can decide to pay anyone with whatever I want as long as the person is willing to accept it as a form of payment, which is where the fun of decentralization comes in.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ASHLIUSZ on November 17, 2017, 11:35:26 AM
If all people withdraw coin in fiat, the market will be dropped. But I think that there is no reason for the investor to do that.

A much more likely scenario is for more and more people to move into truly decentralized crypto currencies, which will  collapse central banking an central government.

The only way for central governments to stop this is to declare war on the people.
When that happens; the people won.
What makes it even more interesting is that Bitcoin is not just a state thing but a global thing, which makes it extremely hard for the Federal Government of any country to wake up one day and start declaring war on the users of bitcoin.
If it was that easy, they would have done it by now than succumbing and seeing how they can regulate it.

Moreover, declaring war on people is more like stamping on their rights cause I can decide to pay anyone with whatever I want as long as the person is willing to accept it as a form of payment, which is where the fun of decentralization comes in.
Bitcoin from the beginning through its widened accessibility has been termed as a global asset. Same as the user stated its not that easy to declare some war or some other punishments against the users of bitcoin and regulate them. Moreover it's our right to use, we decide what is necessary for us. Governments can issue plans of regulating, but needs to be done made in a way that it doesn't affect the features of bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: luckycoinn on November 17, 2017, 11:48:08 AM
I've been thinking, Bitcoin price is based on supply-demand right? If everybody sell their bitcoin, but no one buy it, then will bitcoin price go down? What I learn until now is bitcoin price will go down if someone sell below market price and someone buy it on that price and the price will go down


Title: Re: What if everyone withdrew their coin in fiat?
Post by: yanlap on November 19, 2017, 12:00:26 PM
I've been thinking, Bitcoin price is based on supply-demand right? If everybody sell their bitcoin, but no one buy it, then will bitcoin price go down? What I learn until now is bitcoin price will go down if someone sell below market price and someone buy it on that price and the price will go down
Yeah the more bitcoin will be supply the more bitcoin value and the price will increase because now a lot of the people are investing in the bitcoin ad it is the reason why the bitcoin is getting the value and the demand high day by day it is the time to buy the bitcoin and to hold for the long time so the person will get the high price selling of the bitcoin now a lot of the people are buying the bitcoin and the demand of the bitcoin will increase more.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: tanghere02 on November 19, 2017, 12:11:42 PM
If everyone withdrew their coin into fiat then I guess the value of these coins will fall, so most likely there is enough money to convert these coins into fiat. But the problem would be that these exchanges would also be closing down if ever it is going to happen. A lot of things will happen if everyone withdraw their coins for sure.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: sana54210 on November 19, 2017, 01:20:33 PM
I don't think that the day will happen. If some people panic sells some coins. The price is too low and then other investors will buy again.
That is just what we will keep seeing.
I am not sure there can ever be any scenario that has not played out before or worse than what we have had in the past that would make anyone to start dumping what they have pretty fast. The market is already growing stronger than we can imagine and so many people are looking for the opportunity to even buy at a huge dip right now.

As long as it gets to the point where no one is willing to dump and the weaker hands are gone, the stronger ones start coming in fast to get the best.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: the rise on November 19, 2017, 03:13:19 PM
If everyone withdrew their coin into fiat then I guess the value of these coins will fall, so most likely there is enough money to convert these coins into fiat. But the problem would be that these exchanges would also be closing down if ever it is going to happen. A lot of things will happen if everyone withdraw their coins for sure.

it will definitely be the last glory for bitcoin, but bitcoin will not really have no value because developers and people behind bitcoin still keep a lot of coins to keep it alive, inflation will not be avoided but it will still make the price very low in short time. But the probability of happening is less than 30% because people believe bitcoin is the best virtual currency algorithm ever


Title: Re: What if everyone withdrew their coin in fiat?
Post by: uray on November 19, 2017, 03:18:09 PM
Would there be enough money in the exchanges? Would bitcoin fail?
It is a vague hypothetical situation to take into account in the first place,there wont be a situation when everyone come together and sell off their coins and if that happens then the stock market would have crashed because everyone sells off their stocks for fiat. :P


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Kr-sama on November 19, 2017, 03:32:12 PM
If all people around the world withdraw BTC. I'm sure that it will fail. But I think that there is no reason to people do that. Bitcoin is still rising, investors still hold to get profit
OP is just speaking hypothetically. Of course people won't do that in reality, that's why he is just asking for your thoughts about it.

Bitcoin's price will hit rock bottom if everyone withdrew their coin in fiat. It's all about the supply and demand. If there's a lot of supply and not enough demand, the price will surely drop drastically.



Title: Re: What if everyone withdrew their coin in fiat?
Post by: Rashid555 on November 19, 2017, 04:54:51 PM
if all the people withdraw their money i think there will be a strong issue behind this because as we look at the people are converting their money into bitcoin for online payments and other uses of this many software developers are using this mode of payment and they are also ready to accept payments in bitcoin. many other firmas are doing fast sale through the bitcoin ATMS in other countries which is a positive sign of bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: PORN_coin on November 19, 2017, 04:56:40 PM
several paths
most popular through exchangers verified personally


Title: Re: What if everyone withdrew their coin in fiat?
Post by: BUK2016 on November 19, 2017, 05:03:54 PM
Op, I don't think such a thing will ever happen because for seller to sell there must be a buyers who is ready to buy at a given price, and if it eventually happen, then bitcoin will lose its value there will be no demand for bitcoin as a result.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: gabmen on November 20, 2017, 12:53:13 PM
Op, I don't think such a thing will ever happen because for seller to sell there must be a buyers who is ready to buy at a given price, and if it eventually happen, then bitcoin will lose its value there will be no demand for bitcoin as a result.

Exactly. Bitcoin will go back to where it started an would barely be enough to buy a box of pizza. Though we all know that that's next to impossible now. Demand for btc is high and is still growing with btc popularity not slowing down.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: malikusama on November 20, 2017, 04:55:18 PM
Would there be enough money in the exchanges? Would bitcoin fail?
The answer is simple if you have read about the supply and demand formula of economics which is repeated many times here on this forum, if the demand goes down then obviously the price will fall abruptly and the bitcoin or any other coin's price will crash.  I don't understand your question about enough money in exchnages, and yes the bitcoin will fail if this happens to bitcoin market.  


Title: Re: What if everyone withdrew their coin in fiat?
Post by: luckycoinn on November 21, 2017, 01:54:32 AM
I've been thinking, Bitcoin price is based on supply-demand right? If everybody sell their bitcoin, but no one buy it, then will bitcoin price go down? What I learn until now is bitcoin price will go down if someone sell below market price and someone buy it on that price and the price will go down
Yeah the more bitcoin will be supply the more bitcoin value and the price will increase because now a lot of the people are investing in the bitcoin ad it is the reason why the bitcoin is getting the value and the demand high day by day it is the time to buy the bitcoin and to hold for the long time so the person will get the high price selling of the bitcoin now a lot of the people are buying the bitcoin and the demand of the bitcoin will increase more.
so, would Bitcoin price go down if every people sell their bitcoin and no one buy it? Cause if it based on supply demand, I don't think it will go down


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Kiweikoo on November 21, 2017, 05:52:07 AM
If everybody dumps then the price of all crypto will go to Zero. Its a red flag for crypto world.

First of all that's folly. But in the moat impossible case that it will happen, of course crypto will fall. Though some people would be at a loss especially those who will withdraw last. Ita far from happening so don't worry
Exactly! I can hardly find any reason that this thing will ever happen. we can expect lot more people to come and invest in bitcoin but if you say this thing that people will withdraw their coins into fiat, the it is next to impossible sort of thing.

In case this thing ever happens, then I think it will be very much difficult for the crypto currencies to survive and their market price will fall down.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: carlisle1 on November 21, 2017, 06:21:45 AM
Would there be enough money in the exchanges? Would bitcoin fail?
would there be money for exchange?of course crypto has more than enough funds for this situation and thats for sure,about Would bitcoin fail?no its not,the value will have a huge drop but wont enough reason to bitcoin total failure.dont be bother about that matters just focus on your line here theres a lot of things to be tackled not this kind of bad dreams


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Hazaki on November 22, 2017, 02:16:11 PM
The supply of the exchanges is what they can offer in fiat equivalent to alts , so if the exchanges run out of fiat they won't be able to provide any in exchange to alts and thus alts's price will drastically fall . But this is very unlikely to happen because people hold to their alts funds in hope of increase , moreover a big % of bitcoin supply is in cold storage so exchanges won't fear of getting flooded with bitcoin to the point they drain out of fiat .


Title: Re: What if everyone withdrew their coin in fiat?
Post by: boboking on November 22, 2017, 03:21:47 PM
Value of Bitcoin will be $0 if everyone do it. Is it possible to happen of course it is highly unlikely. If it did happen then I think everything in crypto currency market will be valued as $0 as well.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: zander09 on November 22, 2017, 04:24:26 PM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes, They have enough money! But BTC will not fail, It's trading buy low - sell high when this time is coming, You will see traders and investors buying more and more.
Money is Money nothing else ...

agree, even every one change their bitcoin in fiat,still there is always have a buyer that can buy bitcoin so its continue and i think it will never fail. Its very imposible that all people change their all bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: flower1024 on November 22, 2017, 04:35:22 PM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes, They have enough money! But BTC will not fail, It's trading buy low - sell high when this time is coming, You will see traders and investors buying more and more.
Money is Money nothing else ...

agree, even every one change their bitcoin in fiat,still there is always have a buyer that can buy bitcoin so its continue and i think it will never fail. Its very imposible that all people change their all bitcoin.

Nope i think it can possible. A couple of months back China announced that they are going to ban all ico's and few reputed exchange sites the effect I think everyone knew. Suppose if all countries take this decision then 100% people will withdraw their bitcoins.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Adioliver on November 22, 2017, 04:38:26 PM
Yes it's pretty obvious that if everyone dumps(sell) their bitcoins and no one wants to buy it,the coin will crash.The crypto world runs on the rule of demand and supply.For a crypto to survive there should be both demand and supply.But in case of bitcoins there is no chance of it falling there is enough demand for bitcoins and people have started accepting bitcoins.So there is very bleak chances of bitcoins crashing as it's alternate name says it all "The Father of Cryptocurrenies".


Title: Re: What if everyone withdrew their coin in fiat?
Post by: laetitiavh on November 22, 2017, 04:39:22 PM
The first thing you will see is the falling price , dropping insane and can't stop them . The only thing can stop that is finding more investors invests in it , with the big demands the price will going back to the first position.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Getcoinsite on November 22, 2017, 05:08:17 PM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes, They have enough money! But BTC will not fail, It's trading buy low - sell high when this time is coming, You will see traders and investors buying more and more.
Money is Money nothing else ...

agree, even every one change their bitcoin in fiat,still there is always have a buyer that can buy bitcoin so its continue and i think it will never fail. Its very imposible that all people change their all bitcoin.

Nope i think it can possible. A couple of months back China announced that they are going to ban all ico's and few reputed exchange sites the effect I think everyone knew. Suppose if all countries take this decision then 100% people will withdraw their bitcoins.
you have a point mate,when china declares their stand against bitcoin the effect has a big difference in market and what if the whole world make same position .i think it will lead to crypto bankruptcy and the system will fail for operation.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: DARKHOLDER on November 22, 2017, 05:11:47 PM
Value of Bitcoin will be $0 if everyone do it. Is it possible to happen of course it is highly unlikely. If it did happen then I think everything in crypto currency market will be valued as $0 as well.


Did not see the reason to sell all bitcoins...and this did not happen  ;D


Title: Re: What if everyone withdrew their coin in fiat?
Post by: trecore4 on November 23, 2017, 02:38:45 AM


If all people around the world withdraw BTC. I'm sure that it will fail. But I think that there is no reason to people do that. Bitcoin is still rising, investors still hold to get profit



Yeah but this question is completely imaginary and OP wants you to think in that way where what if everybody goes crazy like that. :-)


I think nothing will happen, except the thing that bitcoin will loose its market capitalism and there will be no value for it. All the exchanges will be able to pay everyone because obviously if the bitcoin was bought before then it was bought with the same fiat which will be floating around the internet or in the bank account of those big exchanger owners. :-) So surely if demanded then they will have to pay it and they will because we have agreement upon that. :-)



Title: Re: What if everyone withdrew their coin in fiat?
Post by: artlanante on November 23, 2017, 02:43:25 AM
It's really a bad scenario for investors, That's the signal of the end of ICOs future.
Imaging about that situation is really ankward.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Sand King on November 23, 2017, 02:52:56 AM
It's really a bad scenario for investors, That's the signal of the end of ICOs future.
Imaging about that situation is really ankward.
I think if everyone withdrew their all coins in fiat it may start of falling prices of coin in the market, but eventhough it will happen bitcoins will never be end and all others coins will be the end, its we will just like a new begginning until the price of the coins in the market will be back to normal, but i think not everyone will do this because bitcoin and any coins is improving so it will never happend.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: kengeorge21 on November 23, 2017, 02:54:53 AM
Would there be enough money in the exchanges? Would bitcoin fail?
That's unlikely to happen but theoretically if something like that happens the demand for bitcoin will drop along with its price because people will offer less than the market price until the cycle reach to $0. so every individual and exchanges will lose money for sure.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ictin on November 23, 2017, 03:28:02 AM
Would there be enough money in the exchanges? Would bitcoin fail?
That's unlikely to happen but theoretically if something like that happens the demand for bitcoin will drop along with its price because people will offer less than the market price until the cycle reach to $0. so every individual and exchanges will lose money for sure.
Yes, I totally agree with you. That is just a theoretically. Cryptocurrency market likes Stock market, if that happens, all investors will lose your money. But you should not be worry. It wont not happen.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Cherylstar86 on November 23, 2017, 09:10:02 AM


If all people around the world withdraw BTC. I'm sure that it will fail. But I think that there is no reason to people do that. Bitcoin is still rising, investors still hold to get profit



Yeah but this question is completely imaginary and OP wants you to think in that way where what if everybody goes crazy like that. :-)


I think nothing will happen, except the thing that bitcoin will loose its market capitalism and there will be no value for it. All the exchanges will be able to pay everyone because obviously if the bitcoin was bought before then it was bought with the same fiat which will be floating around the internet or in the bank account of those big exchanger owners. :-) So surely if demanded then they will have to pay it and they will because we have agreement upon that. :-)



That’s right mate, and basically the scenario of withdrawing coins to fiat cash isn’t having value anymore; so no chances of growing like bitcoin does. Comparing it with bitcoin’s idea about storing the btc values which potentially gains good value in the future if keeping it in your desired wallet. Banks will be liable with the funds that you have, but no passive income is possible due to low interest value that’s provided to fiat depositors. Your chance of earning bigger profit with bitcoin will probable to happen if you hold for long term, but if not and you withdraw or exchanged it to fiat I guess that’s only fixed value and becomes stagnant.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: man1975asc on November 23, 2017, 09:44:28 AM
0 Value for Bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: haroldtee on November 23, 2017, 09:55:11 AM
The first thing you will see is the falling price , dropping insane and can't stop them . The only thing can stop that is finding more investors invests in it , with the big demands the price will going back to the first position.
That in a layman's language simply explains it all. There is always a two side to every chain and in this case, we will always have the demand and supply. If there is a little demand for it, and the supply is huge, then obviously the value will drop and vice versa. Now, if everyone decides to dump and there is definitely no one willing to demand for it, then that is when we do not get to be able to sell what we have and it becomes worthless. But, can that last scenario really happen? I totally doubt it.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: CuriousGeorge on November 23, 2017, 12:38:05 PM
Despite the fact that if all people withdraw their bitcoin or in otherword dump it at the same time and it could possibly make the price of bitcoin $0. It's almost impossible to happen.
To make people sell their bitcoin at the same time is really hard, it's p2p currency and every people have their own brain, and also, there'll always some people who buyback at a little price of bitcoin expecting to be the next bitcoin millionaire when the price rises.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Bagaji on November 23, 2017, 09:50:00 PM
For every withdrawal there must be a buyer's at the other end for the sellers to be able to sell their Bitcoin. I don't believe that Bitcoin market value Will decline down to zero value as a result of the holder converting it to fait currency because there must be a buyer's for the convertion to be approve by the exchange company.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: streazight on November 24, 2017, 07:36:56 AM
If everybody dumps then the price of all crypto will go to Zero. Its a red flag for crypto world.
Have you forgotten there will always be someone holding at the end and willing to buy when everyone is dumping? Except the person selling is willing to tag it at $0 to sell, then there is no way the value can ever be zero.

This is just a scene that can never happen; it is unrealistic and there is no point thinking about it. A stage will come when there would be no one willing to buy if it ever comes and if it gets so low, that it cannot get lower, that is when you will start seeing the demand for it.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: valying on November 24, 2017, 08:11:51 AM
0 Value for Bitcoin.
I think it will affect to the whole altcoin industry and the biggest affective will be on Bitcoin, Bitcoin could drop price in an insane way.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: el kaka22 on November 24, 2017, 03:12:10 PM
Yes it's pretty obvious that if everyone dumps(sell) their bitcoins and no one wants to buy it,the coin will crash.The crypto world runs on the rule of demand and supply.For a crypto to survive there should be both demand and supply.But in case of bitcoins there is no chance of it falling there is enough demand for bitcoins and people have started accepting bitcoins.So there is very bleak chances of bitcoins crashing as it's alternate name says it all "The Father of Cryptocurrenies".
The chances are absolutely bleak and there is no point of thinking of something that the likelihood of it happening is very close to zero. Just as you have said, demand and supply is what keeps bitcoin rolling and if supply is less than demand, then the value will drop. However, as long as we have people willing to buy the coin, it will always have a value.

Bitcoin is useful, not just as an asset but for so many things and having a scenario like that playing out to make bitcoin totally worthless, is something I doubt will happen unless there is just no one willing to buy any of it.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Muzika on November 24, 2017, 03:25:22 PM
0 Value for Bitcoin.
I think it will affect to the whole altcoin industry and the biggest affective will be on Bitcoin, Bitcoin could drop price in an insane way.

it will be worst for all of us because if everybody will sell  their coin specifically  the bitcoin, it will start to fade and anyone here the investors , miners and like me who uses bitcoin will suffer , but it has 0% that will happen because it is imposible that miners and investors and even me will withdraw the bitcoin that we have .


Title: Re: What if everyone withdrew their coin in fiat?
Post by: A.H.Rassel on November 24, 2017, 03:36:16 PM
Would there be enough money in the exchanges? Would bitcoin fail?
If all bitcoin user sell their coin then bitcoin become valueless but it never happens because I think since step by step bitcoin spreading the entire world, typical public inspired by bitcoin and bounce into bitcoin in this fact bitcoin value increases more future


Title: Re: What if everyone withdrew their coin in fiat?
Post by: wuvdoll on November 25, 2017, 06:03:57 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes, They have enough money! But BTC will not fail, It's trading buy low - sell high when this time is coming, You will see traders and investors buying more and more.
Money is Money nothing else ...

agree, even every one change their bitcoin in fiat,still there is always have a buyer that can buy bitcoin so its continue and i think it will never fail. Its very imposible that all people change their all bitcoin.

Nope i think it can possible. A couple of months back China announced that they are going to ban all ico's and few reputed exchange sites the effect I think everyone knew. Suppose if all countries take this decision then 100% people will withdraw their bitcoins.
That is the point. Not every country can take such a decision and if all countries decided to take the decision, who do you think is going to buy yours from you? We might just end up holding what we have and at a point when everything dies down, transaction may end up resuming as normal.

As long as people still see value with the usage of bitcoin and someone is willing to accept yours, then bitcoin will still have a value except you decide to sell yours $0 anyway.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: mulukey on November 25, 2017, 07:42:03 AM
Certainly Crypto in general and bitcoin in particular are the investment direction of high profitability of investors. Therefore, it is not possible to withdraw all the bitcoins out of the market, at least for the time being.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: WSDN on November 25, 2017, 08:24:46 AM
I think that this situiation wont happen in real life. Because there are no reason to people do that. If they dont like Bitcoin, they can choose altcoins. They still wanna get profit so they wont withdraw


Title: Re: What if everyone withdrew their coin in fiat?
Post by: farwellbit on November 25, 2017, 03:12:39 PM
Value of Bitcoin will be $0 if everyone do it. Is it possible to happen of course it is highly unlikely. If it did happen then I think everything in crypto currency market will be valued as $0 as well.
Yeah it can make the bitcoin down but I think it can never be happen because now almost all the people love the bitcoin and they are ready to invest in the bitcoin, I hope the bitcoin will give you the high value of the money and the best thing about the bitcoin is the high use and the increasing price I hope it will make the bitcoin high and the bitcoin will give us the high value of the money now and forever.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: StarofBTC on November 27, 2017, 01:27:32 PM
Value of Bitcoin will be $0 if everyone do it. Is it possible to happen of course it is highly unlikely. If it did happen then I think everything in crypto currency market will be valued as $0 as well.
Definitely there is no doubt in it. As soon as pole are taking their cash out of bitcoin, it will come to zero at once. Bitcoin have high value and this is all due to a huge user network bitcoin is running now around the globe. But as you have said, if everyone is getting out of it for any odd reason, bitcoin will surely demolish. We hope for the better results in future regarding bitcoin in our lives.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: justdimin on November 28, 2017, 06:32:14 PM


If all people around the world withdraw BTC. I'm sure that it will fail. But I think that there is no reason to people do that. Bitcoin is still rising, investors still hold to get profit



Yeah but this question is completely imaginary and OP wants you to think in that way where what if everybody goes crazy like that. :-)


I think nothing will happen, except the thing that bitcoin will loose its market capitalism and there will be no value for it. All the exchanges will be able to pay everyone because obviously if the bitcoin was bought before then it was bought with the same fiat which will be floating around the internet or in the bank account of those big exchanger owners. :-) So surely if demanded then they will have to pay it and they will because we have agreement upon that. :-)
I really doubt if exchanges will be ready to meet that demand or worst that could happen is them listing at the value they are willing to buy which obviously in this case would be very low and what do you think would happen in such case, everyone may only just end up selling for losses or they may just have to hold whatever they have and accept that it is worthless.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: setupbounds on November 29, 2017, 10:23:05 AM
Certainly Crypto in general and bitcoin in particular are the investment direction of high profitability of investors. Therefore, it is not possible to withdraw all the bitcoins out of the market, at least for the time being.
Agreed, The way all the people who are getting to know about bitcoin are showing their interest in investing their money in it, there is no way that we can support this argument. In case, this thing ever happens in life, then it will affect the market of bitcoin. The market price of bitcoin will fall down and there will be a downfall of bitcoin. But I’m sure this thing will never happen.



Title: Re: What if everyone withdrew their coin in fiat?
Post by: jaocoincrypto18 on November 29, 2017, 11:54:57 AM
Would there be enough money in the exchanges? Would bitcoin fail?

If everyone will going to withdraw their investment, that certain coin or digital currency will fall, will be scrap and superseded. This will happen if their is a conspiracy to pump and dump a coin in which everyone in their group will not invest anymore to the coin just like what happen in the price corrections that they try to dump the bitcoin and pump the bitcoin cash in which a failed attempt.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Protected101 on November 29, 2017, 12:19:50 PM
Would there be enough money in the exchanges? Would bitcoin fail?
If every investors would withdraw their coin into fiat bitcoin will fall down and also the price .They will not invest on it anymore and bitcoin will be useless for us it affects the price in market.But It will never happen because now the price of bitcoin is strongly and stable that it will never be gone in the market or currency.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Bitcotalk on December 01, 2017, 06:56:50 AM
Value of Bitcoin will be $0 if everyone do it. Is it possible to happen of course it is highly unlikely. If it did happen then I think everything in crypto currency market will be valued as $0 as well.
It is obviously unlikely unless bitcoin becomes a shitcoin which we all know the possibilities are extremely low to zero. At that point even the one buying at the lower value may be the last to get the news of some happening that is making bitcoin to be dumped real hard and then we have to understand how impossible such a thing is bound to happen. Everyone cannot withdraw their coin into fiat.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: di.ako.toh on December 01, 2017, 08:58:53 AM
If everyone withdrew their coin in fiat, there will be a sudden drop of Bitcoin price which in worst its value will be $0. But it is such a nightmare if happens, but in this kind of stability of Bitcoin in themarket, it is impossible to happen.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: SmokerFace on December 01, 2017, 10:08:09 AM
Yes, Bitcoin value will fall if everyone dumped their btc into fiat because the more supply of bitcoin the more it will dump just like buying a things in market in the real life if the supply are small the value will get high as you see when investors buying more bitcoins the value of it increases also.
But i think that is impossible that all investors will sell their bitcoin into fiat because btc value are so high now and many Buy walls protecting bitcoin value so it's hard to destroy bitcoin but as you say "What if everyone withdrew their coin in fiat? so it's possible bitcoin value turns into $0 - $10 if that happens.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: MFahad on January 21, 2018, 07:16:06 AM
That is a longer and stranger thing than you think.  First, remember that there are many people that have ties into the mining farms, in one form or another.  There are also the exchanges and the P2P sites.  The initial exodus that you describe would profit the mining farms, the exchanges and many others. 


Title: Re: What if everyone withdrew their coin in fiat?
Post by: pisston on January 21, 2018, 08:27:56 AM
That is a longer and stranger thing than you think.  First, remember that there are many people that have ties into the mining farms, in one form or another.  There are also the exchanges and the P2P sites.  The initial exodus that you describe would profit the mining farms, the exchanges and many others. 

And I've always been interested in one question, What will happen to a certain coin in a few years? They will always be traded on the stock exchange or do they have a certain period of life? I mean any coin that can be taken by example.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: greenbitsgm on January 21, 2018, 08:51:59 AM
If that happens then all coin price will go down.It is bad for the market if there is an oversupply of coins because it will definitely have an adverse effect on its value.Sometimes,supply and demands dictates the tempo in trading if there is an oversupply of a particular coins price will drop because the demand is low,while if there is less supply and the demand is high then price go up with it.But the probabilty of everyone withdrawing all their coins is hard to imagine as the market is alive and healthy.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: coynedterm on January 21, 2018, 08:59:09 AM
Would there be enough money in the exchanges? Would bitcoin fail?
Here I can bet that it will happen that crash of the market of the altcoins as well as for the bitcoin happen , here I am not saying just by Guess but here we can see that already these things happened in the last of the last year as well as in last week badly .
Only a small negative news we seen that was the ban of ICO and exchange in China only and after that a big dump we seen in bitcoin as well as in altcoins market , that is was , only a type of fear and I don't think that everyone sold Thier bitcoin and altcoins but only few people did and that results into big dump , so we can understand well that if people will withdraw Thier money from bitcoin then that will result into crash of totally market to zero .
But still here I am sure that Many people are who will not make to down the market and will do something for it to do better for the increase or stability in the market .


Title: Re: What if everyone withdrew their coin in fiat?
Post by: chris200x9 on January 21, 2018, 09:05:26 AM
I think that this situiation wont happen in real life. Because there are no reason to people do that. If they dont like Bitcoin, they can choose altcoins. They still wanna get profit so they wont withdraw

If any governments ban cryptocurrencies not exchanges then you may see deep dive in prices because in a panic many new investors may want to take out their money so rush to sell. But still, not everyone will convert because those old bitcoin holders know that all these things can last for some time and finally still go high in the future.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: bytomboy1234 on January 21, 2018, 09:12:24 AM
Would there be enough money in the exchanges? Would bitcoin fail?
If all bitcoin user sell their coin then bitcoin become valueless but it never happens because I think since step by step bitcoin spreading the entire world, typical public inspired by bitcoin and bounce into bitcoin in this fact bitcoin value increases more future
Everyone converting money into fiat mean that panic selling, so the price of bitcoin will certainly start falling and it will just as crash like situation, but i think it is not possible in near future, because in near future people trend is to buy more and more bitcoin, the increasing demand of bitcoin is in fact decreasing the supply and so the price goes up.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Adreman23 on January 21, 2018, 09:41:11 AM
when it happens that all investors convert btc into fiat.Of course Bitcoin may drop the value and die. But in reality it is very impossible to happen because each of us have own decision and those desicions will never be desame.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: burner2014 on January 21, 2018, 09:43:48 AM
That is a longer and stranger thing than you think.  First, remember that there are many people that have ties into the mining farms, in one form or another.  There are also the exchanges and the P2P sites.  The initial exodus that you describe would profit the mining farms, the exchanges and many others. 

And I've always been interested in one question, What will happen to a certain coin in a few years? They will always be traded on the stock exchange or do they have a certain period of life? I mean any coin that can be taken by example.
The worst thing that would happen in the name of cryptocurrency is if we are withdrew our money, hope that won't happen although it is expected to happen when bitcoin has reached its maximum capacity and the value has boom enough to make us all rich, but so far now it is unlikely to happen as we are still at crazy stage in having a cryptocurrency in our wallet.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: nethan1btc on February 05, 2018, 10:31:44 AM
If everyone withdrew their coin in fiat, there will be a sudden drop of Bitcoin price which in worst its value will be $0. But it is such a nightmare if happens, but in this kind of stability of Bitcoin in themarket, it is impossible to happen.

Exactly, which makes everyone do a panic selling due to suddenly fall of all crypto currencies. Well, in that case I would say yes it's possibly to happen but only less percentage. Each of us has our own thoughts and I don't think all of us will think that kind of scenario. Nevertheless, there are a lots of people hold their coins as the believe it will still increase which come from the different ICO projects having a good and quality advocacy, platforms or products on their projects.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Joriecoinbit on February 05, 2018, 10:52:57 AM
That is a longer and stranger thing than you think.  First, remember that there are many people that have ties into the mining farms, in one form or another.  There are also the exchanges and the P2P sites.  The initial exodus that you describe would profit the mining farms, the exchanges and many others. 

And I've always been interested in one question, What will happen to a certain coin in a few years? They will always be traded on the stock exchange or do they have a certain period of life? I mean any coin that can be taken by example.
The worst thing that would happen in the name of cryptocurrency is if we are withdrew our money, hope that won't happen although it is expected to happen when bitcoin has reached its maximum capacity and the value has boom enough to make us all rich, but so far now it is unlikely to happen as we are still at crazy stage in having a cryptocurrency in our wallet.

We actually don't know how high will bitcoin price can reach. There will always be someone who will sell and still hold their coins whenever its price increase. So it's never possible to happen that everyone will convert their bitcoin into fiat.

We're on the moment of doubting bitcoin's capability due to its drop that's why a lot of people here kept thinking negative things about bitcoin and I understand that. Anyway,  I'm pretty much sure that everything will be back to normal once its price will reach atleast $16,000.



Title: Re: What if everyone withdrew their coin in fiat?
Post by: carlisle1 on February 05, 2018, 11:14:44 AM
Certainly Crypto in general and bitcoin in particular are the investment direction of high profitability of investors. Therefore, it is not possible to withdraw all the bitcoins out of the market, at least for the time being.
OP said "what if"  he didnt say IF..so we are all freely allowed to give our opinion about the question..considering that it would happen maybe the mrket will collapsed ,all the coins will have no value because the price of those are depending on the volume of the amount which investor will buy.if we withdraw all our coins to fiat,so zero value will come to all of crypto currencies


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Qartersa on February 05, 2018, 11:33:25 AM
I see too much baseless assumptions here, and everyone is just acting experts when they knew very little about Bitcoins in the first place. As for me, I do not think it will have an effect like extinction of Bitcoin. You know, Bitcoin will continue to exist regardless of the number of demand. The only thing that can touch it is through the price because surely its value will decline. Nonetheless, be mindful that having Bitcoin -- inasmuch as you earn and lose it -- is just paper loss that is unrealized until you decide to encash it to fiat currency. Hence, until such time comes, other factors will be too far fetched, if not outright unsubstantial.



Title: Re: What if everyone withdrew their coin in fiat?
Post by: putrisa on February 05, 2018, 12:08:51 PM
Would there be enough money in the exchanges? Would bitcoin fail?

if everyone withdraws all of their owned assets from the online wallet that it owns may make a slight drop in price but surely it will be for a while because so many want to buy your bitcoin & Fiat.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: mininglegend1234 on February 05, 2018, 12:12:13 PM
If everyone withdrew their coin in fiat, there will be a sudden drop of Bitcoin price which in worst its value will be $0. But it is such a nightmare if happens, but in this kind of stability of Bitcoin in themarket, it is impossible to happen.

Exactly, which makes everyone do a panic selling due to suddenly fall of all crypto currencies. Well, in that case I would say yes it's possibly to happen but only less percentage. Each of us has our own thoughts and I don't think all of us will think that kind of scenario. Nevertheless, there are a lots of people hold their coins as the believe it will still increase which come from the different ICO projects having a good and quality advocacy, platforms or products on their projects.
A much more likely scenario is for more and more people to move into truly decentralized crypto currencies, which will  collapse central banking an central government.The only way for central governments to stop this is to declare war on the people.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ongels on February 05, 2018, 01:11:10 PM
Would there be enough money in the exchanges? Would bitcoin fail?
If everyone withdraw their alt coins in Fiat, surely the value becomes lower, and this will be the end of cryptocurrency. But i think it won't happen because people are already adapted to its flow. and they gain benefits from it:)


Title: Re: What if everyone withdrew their coin in fiat?
Post by: MV7 on February 05, 2018, 02:03:00 PM
This is actually how exchanges in Korea do business. Instead of trading in BTC or ETH, trades are done mostly with Korean Won. It leads to some while fluctuations in prices, but it's so much easier to withdraw and deposit fiat than practically anywhere else.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Hypnosis00 on February 05, 2018, 02:24:35 PM
The market of cryptocurrencies will die because that is the only way for the market to die is to have a huge demand of selling because there will be a lot of coins supply and that will triggers the price of the coins to go down to a very low price which will give the market a bad image and that will be just a huge loss for everyone.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: SaShiRaJaVu on February 05, 2018, 07:00:36 PM
Would there be enough money in the exchanges? Would bitcoin fail?
First and foremost we are most likely to see those sort of circumstances because there are far more people invested in bitcoin,if it was five years back then it would have been true because there were much less people into bitcoin,but at the present situation we wont end up in a situation like this,there will be enough money in exchanges to distribute because trade happens when someone is actually buying the coin and exchange is just a carrier.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: d1ceplayer on February 06, 2018, 11:53:27 AM
Would there be enough money in the exchanges? Would bitcoin fail?

if everyone withdraws all of their owned assets from the online wallet that it owns may make a slight drop in price but surely it will be for a while because so many want to buy your bitcoin & Fiat.
In reality, this will never ever going to happen as the market is full of investors who are investing their money into this and there is hardly any chance that all of them will withdraw their coins. However, in case this thing ever happens, then this will have adverse effects on the crypto market as the market value of all the crypto coins will start decreasing very much significantly and result in huge loss.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: dustboy on February 06, 2018, 12:01:12 PM
Would there be enough money in the exchanges? Would bitcoin fail?

if everyone withdraws all of their owned assets from the online wallet that it owns may make a slight drop in price but surely it will be for a while because so many want to buy your bitcoin & Fiat.
In reality, this will never ever going to happen as the market is full of investors who are investing their money into this and there is hardly any chance that all of them will withdraw their coins. However, in case this thing ever happens, then this will have adverse effects on the crypto market as the market value of all the crypto coins will start decreasing very much significantly and result in huge loss.

In reality it is possible to happen as well imo, imagine if all countries bans cryptocurrencies. This will force all people in the world to sell their coins into FIAT and if it is happen then all cryptos will have no values anymore. Obviously it is hard to happen but nothing is impossible in this crypto world.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: UCHCHILD on February 26, 2018, 03:15:22 AM
That is a longer and stranger thing than you think.  First, remember that there are many people that have ties into the mining farms, in one form or another.  There are also the exchanges and the P2P sites.  The initial exodus that you describe would profit the mining farms, the exchanges and many others. 

And I've always been interested in one question, What will happen to a certain coin in a few years? They will always be traded on the stock exchange or do they have a certain period of life? I mean any coin that can be taken by example.
The worst thing that would happen in the name of cryptocurrency is if we are withdrew our money, hope that won't happen although it is expected to happen when bitcoin has reached its maximum capacity and the value has boom enough to make us all rich, but so far now it is unlikely to happen as we are still at crazy stage in having a cryptocurrency in our wallet.

A lowering of price would stop and plateau after a bit because there would still be those that are gaining coins as the TX's are processed.
Plus, not everyone can do what you say.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: linshisui38 on February 26, 2018, 03:33:04 AM
In the real world, this has never happened, and the direct use of bitcoin has been increasing, not in the form of fiat money.

If people convert their money into fiat money, it is impossible to encrypt COINS in the world.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: bealjulian on February 26, 2018, 02:24:35 PM
If they will withdraw their coins into fiat then there will be no volume in the market and I think there will be a shortage in fiat support for different exchanges and there will be no transaction will be made if they will just withdraw it all once. The growing value will surely attract new users and they will probably buy, and the old users few of them might sell


Title: Re: What if everyone withdrew their coin in fiat?
Post by: winspiral on February 26, 2018, 02:26:53 PM
It's never possible because if you sell coins somebody other will buy them...it is why it is not possible that everyone withdrew.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: GunsNRose on February 26, 2018, 04:13:37 PM
Even if people massively begin selling bitcoins, there will always be those who will start buying it. Everyone knows that you can earn a lot on bitcoin.
Greed will move buyers.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: burner2014 on February 26, 2018, 04:30:46 PM
If they will withdraw their coins into fiat then there will be no volume in the market and I think there will be a shortage in fiat support for different exchanges and there will be no transaction will be made if they will just withdraw it all once. The growing value will surely attract new users and they will probably buy, and the old users few of them might sell
We have different thinking and perspectives in life, so I don't think that we will all gonna unite in just thinking and will withdraw our coins to fiat, I don't think that it will come especially now that bitcoin and other coins are quite too good and is worth holding and is continuously increasing from time to time.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Sexie on February 26, 2018, 06:30:05 PM
Would there be enough money in the exchanges? Would bitcoin fail?


Yes, theres enough money in the exchanges  if ever  that every one wants to withdraw their Bitcoin. Of course if that is case, Bitcoin is still there, it Will never fail. The. More Bitcoin available, then more people wanted to buy more and the price Will getting higher. We can not erase Bitcoin anymore or dump it, because it is now considered as the number one  being a digital currency using by many big companies. Its revolution is unstoppable, it Will never Go back  to Zero,





Title: Re: What if everyone withdrew their coin in fiat?
Post by: rhodelmabanal on February 26, 2018, 08:18:55 PM
I knoe that everyone could withdrawal their  fiats in a higher prices, they don't think anyy necessary supplies but only as a higher reference. Since the price was dropped, people think that this isn't the goid time for withdrawals and still be holding the coins.  If someone has to withdraw, I think they must be in need.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Bonsaiav on February 26, 2018, 09:04:55 PM
Would there be enough money in the exchanges?

Exchange always have enough money to buy it because every exchange is always connected with other exchanges.

Would bitcoin fail?

Of course the bitcoin value will fall as low as possible but no matter how low the price, bitcoin can't be said to fail because at that time bitcoin has returned in the full condition and still has a pure price.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: arlington on February 26, 2018, 09:21:03 PM
recently the majority of people see btc and use it as an investment opportunity. If there won`t be liquidity in market than the demand will fall sharply and even if someone would like to dump their coins they won`t be able to find any buyer which would make the coins without any value.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: julzcoinbit on February 26, 2018, 09:39:08 PM
I knoe that everyone could withdrawal their  fiats in a higher prices, they don't think anyy necessary supplies but only as a higher reference. Since the price was dropped, people think that this isn't the goid time for withdrawals and still be holding the coins.  If someone has to withdraw, I think they must be in need.

You're right, maybe they really need to withdraw because of financial needs, but the situation was, what if everyone withdraw their coin into fiat? Well, in my opinion,  I think the market value of bitcoin will sharply down into the lowest price and we don't know when it could be back it's usual price again.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Bluehorizon365 on February 26, 2018, 09:45:39 PM
Would there be enough money in the exchanges? Would bitcoin fail?

But when someone is selling his bitcoin isn't it being replaced by someone else who is buying ?
I mean if i own 1 BTC and i sold it on the exchange, now someone else owns my 1 BTC ?

Thanks !


Title: Re: What if everyone withdrew their coin in fiat?
Post by: KalaiBTC on February 28, 2018, 02:17:16 PM
It's never possible because if you sell coins somebody other will buy them...it is why it is not possible that everyone withdrew.
Though this thing can never happen as there will always be certain people in the market who will be ready to buy the coins which you are planning of selling them off. However, if this ever happens, then this will turn out to be the worst thing as it will result in a huge decrease in the market value of all of the crypto coins and will thus effect the reputation of all the crypto coins in a significant manner.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Arthoerra on February 28, 2018, 02:28:03 PM
Had it happened, holders coin exchanged it to fiat. It will certainly be the end of cryptocurrency. But unfortunately it never happen, because crypto currently used for many businesses that are not just for trading or similar. Investors are now much larger and bigger than few years ago.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: winspiral on February 28, 2018, 02:33:13 PM
Had it happened, holders coin exchanged it to fiat. It will certainly be the end of cryptocurrency. But unfortunately it never happen, because crypto currently used for many businesses that are not just for trading or similar. Investors are now much larger and bigger than few years ago.

Like already said,it is impossible because with each trade we have a buyer and a seller...how can the buyer exchange in fiat?
ok by selling...
but then we have an other holder...etc...


Title: Re: What if everyone withdrew their coin in fiat?
Post by: miccb on February 28, 2018, 02:38:14 PM
money will not be lost. it will never be lost. it keeps on circulating in the system.
btc could fail if people stop patronizing it. if companies go for traditional advertisement, not involving cryptosystem, if people stop buying shares of btc.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: avithohol on February 28, 2018, 03:25:10 PM
I think that's would be the end of the cryptos because cryptos are strong or not depending on it's volume. No volume means the market is already dead.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: white.raiden on February 28, 2018, 03:27:26 PM
The market of cryptocurrencies will die because that is the only way for the market to die is to have a huge demand of selling because there will be a lot of coins supply and that will triggers the price of the coins to go down to a very low price which will give the market a bad image and that will be just a huge loss for everyone.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: tbterryboy on March 01, 2018, 06:33:29 AM
Eehm…. I think the price of Bitcoin will fall to absolute zero and most of people will just give up. As for exchanges, you said what if everyone withdraws their money right? Then that means there will be no money in ever exchanger and some of them will close down. But one thing you should know is that Bitcoin started from zero to this current price rate.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: naidray on March 01, 2018, 07:29:12 AM
I knoe that everyone could withdrawal their  fiats in a higher prices, they don't think anyy necessary supplies but only as a higher reference. Since the price was dropped, people think that this isn't the goid time for withdrawals and still be holding the coins.  If someone has to withdraw, I think they must be in need.

You're right, maybe they really need to withdraw because of financial needs, but the situation was, what if everyone withdraw their coin into fiat? Well, in my opinion,  I think the market value of bitcoin will sharply down into the lowest price and we don't know when it could be back it's usual price again.
In reality, everyone cannot withdraw their coin to fiat. How do you want to know what is going through everyone's mind, moreover, if there is some negative impact on the market due to some reasons probably from the government, you guys really think you will even be able to log in into any of these exchanges ? Think again.

Worst that we can ever get to see are dip in prices like this and if that has not made everyone to withdraw to the point of seeing bitcoin at $1, I see no reason how that can happen.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: GelsoAM on March 01, 2018, 09:18:38 AM
If you're a margin trader of course you do that because you use that pumps to earn money and sell to still earn money but that's more riskier because you are trading BTC.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: KEPLER99 on March 01, 2018, 10:15:04 AM
Had it happened, holders coin exchanged it to fiat. It will certainly be the end of cryptocurrency. But unfortunately it never happen, because crypto currently used for many businesses that are not just for trading or similar. Investors are now much larger and bigger than few years ago.
In reality, this thing can never ever happen in the future as well. It is not possible for all the investors to withdraw their money at the very same time by selling of all of their coins simultaneously. If we assume such kind of situation to ever happen, then this will result in a huge downfall in the market values of all the crypto coins and that we can even expect the market value to be as low as 0.



Title: Re: What if everyone withdrew their coin in fiat?
Post by: mrproblem on March 01, 2018, 10:32:38 AM
Would there be enough money in the exchanges? Would bitcoin fail?
An old but a good question to answer.
Problem is not having enough money in exchanges. Because In case of a massive transfer to fiat means selling and dropping of coin price to much means there can be lots of gamers again inside


Title: Re: What if everyone withdrew their coin in fiat?
Post by: budakjawa on March 01, 2018, 11:12:40 AM
Would there be enough money in the exchanges? Would bitcoin fail?

if everything is done simultaneously the whole world is definitely bitcoin will menglamai very drastic price reduction and the possibility of server will be very long process it because too many processes that enter but if only few people it will not make bitcoin collapse.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: JL421 on March 01, 2018, 01:27:38 PM
There is surely a limit not everyone can withdraw there funds but a situation like this might never occur because every time someone sells a purchase has been made and not everyone actually withdraws their funds in case of panic most exchanges suspend trading or withdrawals


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Cosbycoin on March 03, 2018, 08:55:33 AM
Had it happened, holders coin exchanged it to fiat. It will certainly be the end of cryptocurrency. But unfortunately it never happen, because crypto currently used for many businesses that are not just for trading or similar. Investors are now much larger and bigger than few years ago.
In reality, this thing can never ever happen in the future as well. It is not possible for all the investors to withdraw their money at the very same time by selling of all of their coins simultaneously. If we assume such kind of situation to ever happen, then this will result in a huge downfall in the market values of all the crypto coins and that we can even expect the market value to be as low as 0.


Once you are there in the world of BTC trading, you need to be extra careful as making some wrong move can result in huge loss of money which you never wished for. However, in case everyone who is there in this field cash out his crypto coins and then convert them back into paper money, then this will seriously affect the market value of all the coins as selling of the coins result in decrease in the market value of the coin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: nelmari on March 03, 2018, 09:19:29 AM
Yes I think there would be enough money if ever everyone would withdraw their coins in fiat.
For I am sure, not everyone will set their withdrawals to the same amount as everyone who are holding bitcoins. There would be some who panics and sell them for what is its current price is and there are also some who set their target amount already on how much they are selling it for.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: crimzonico on March 03, 2018, 06:56:19 PM
Hope this happens so I can buy the dip haha


Title: Re: What if everyone withdrew their coin in fiat?
Post by: iv4n on March 03, 2018, 07:51:48 PM
Would there be enough money in the exchanges? Would bitcoin fail?
If every one starts selling their bitcoins for fiat,then definitely the price would crash and so exchanges would not find it difficult to pay.Such a situation has not happened in the past and i hope that such a situation would not happen even in the future.If it happens,it might be the end pf bitcoin.

Op made a mistake, you don't sell your bitcoins or other coins to exchange site, they are just middle man, you are selling to other people. Exchange earn in fees for trading, for withdrawing, from other things, but they are just in the middle, so when you sell your coins for fiat someone else have coins.
If demand goes to zero, that means that no one wish to buy any coins prices will go down and down to the zero if there is no interested buyer's, but when will that happen? Can you see that people wait dips to buy more! Crypto market is here to stay, chance for this market to touch zero value is 0.0001%, people are to interested and if bitcoin price go to 1 dollar people would buy and pish the price back up.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Zadicar on March 03, 2018, 08:07:08 PM
Would there be enough money in the exchanges? Would bitcoin fail?
If every one starts selling their bitcoins for fiat,then definitely the price would crash and so exchanges would not find it difficult to pay.Such a situation has not happened in the past and i hope that such a situation would not happen even in the future.If it happens,it might be the end pf bitcoin.

Op made a mistake, you don't sell your bitcoins or other coins to exchange site, they are just middle man, you are selling to other people. Exchange earn in fees for trading, for withdrawing, from other things, but they are just in the middle, so when you sell your coins for fiat someone else have coins.
If demand goes to zero, that means that no one wish to buy any coins prices will go down and down to the zero if there is no interested buyer's, but when will that happen? Can you see that people wait dips to buy more! Crypto market is here to stay, chance for this market to touch zero value is 0.0001%, people are to interested and if bitcoin price go to 1 dollar people would buy and pish the price back up.
This is right. Exchanges are only the place on where buying and selling among traders do happen which means the main thing here is that the entire circulation of the market does really depend on demand with each user which means even theres no transaction on any exchangers it doesn't mean it will completely affect or goes to zero since they can able to transact peer to peer without the need of exchangers but its quiet hassle and to slow to consider.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: bitgolden on March 06, 2018, 05:59:25 AM
Hope this happens so I can buy the dip haha
Hahahaha you seem more awaited for dips. Well yeah, this would be a fantastic chance for every buyer out there to examine the scenario and buy according to their pocket range.

For such dips, better is to keep an amount gathered already with you that as such situation comes, hit the market and earn your part. Bitcoins are not that much hard to get, just use some technicalities of field.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: upsidedown75 on March 06, 2018, 06:39:40 AM
recently the majority of people see btc and use it as an investment opportunity. If there won`t be liquidity in market than the demand will fall sharply and even if someone would like to dump their coins they won`t be able to find any buyer which would make the coins without any value.
I even do not see how this can ever happen in the first place as long as bitcoin maintain its value as a currency and there is always someone willing to collect it at a particular point in time. Moreover, it is market and market makers make all the main movements in the market, which I believe for bitcoin to get to that point, it will not even be allowed to be perceived weak considering that is where they make a lot of money from.

But when someone is selling his bitcoin isn't it being replaced by someone else who is buying ?
I mean if i own 1 BTC and i sold it on the exchange, now someone else owns my 1 BTC ?
That is the point and that is why it is called exchange. At a point, even if supply is more than demand, the only thing that makes it sensible is that someone is still holding at a specific value and we are all in the auction market bidding, supply cannot keep on forever as long as bitcoin is not useless, and it would die down, and then those who are holding will decide to put the amount they are willing to release.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Osarman on March 07, 2018, 09:53:58 AM
recently the majority of people see btc and use it as an investment opportunity. If there won`t be liquidity in market than the demand will fall sharply and even if someone would like to dump their coins they won`t be able to find any buyer which would make the coins without any value.
Even if there is no connection between all exchanges, they already have the bucks and that is what makes them an exchange anyway. The thing with most exchanges is that they trade too, and they make a lot of money from these fluctuations, so at the end, there should be enough to go around.

Asides that too, I really do not trust any exchange if ever a scenario like that happens, they may just simply close down or stop withdrawals, but we cannot see a situation like this anyway.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: tumokatok on March 08, 2018, 06:12:54 AM
Would there be enough money in the exchanges? Would bitcoin fail?

if everyone withdraws all of their owned assets from the online wallet that it owns may make a slight drop in price but surely it will be for a while because so many want to buy your bitcoin & Fiat.

If it happens to me then bitcoin will fall and finally get to zero. Why? because a lot of bitcoin will catch a little fiat and supply will overwhelm the demand, If everyone pulls money there, I can tell you that there will not be enough money in exchange.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Nahl on March 08, 2018, 06:59:13 AM
never heard any people are going to sell all of their bitcoin to one exchange only but if this is happened i think money is not enough because if all people went to dump then who will be pumped the coins and i think possibly those exchanges will bankrupt because there is no demand at there 


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Vannie12 on March 08, 2018, 10:13:36 PM
As long as fiat is in use, people can not avoid selling some of their coins to fiat. You don't have to worry about coins in an exchange especially pertaining to bitcoins.
There will be more than enough and we could observe it through the charts.
But investing in a coin with less demand than the popular ones is a bit risky if it will not be having any gold projects in the future.
That is why it is always advised to be cautious about investing.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: adaseb on March 08, 2018, 10:20:20 PM
It depends.

Basically it everybody withdrew and there was no buyers then obviously price would crash.

But if everyone withdrew but at the same time an equal amount also bought BTC then price would stay exactly the same.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: enawati on March 09, 2018, 12:22:38 AM
Yes because no demand and no body buy it will make the price going down, and can be to zero if all people sell it and no buyer anymore. This is happening already with some lending coin like Regal coin etc.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Sengoko on March 09, 2018, 06:01:55 AM
Would there be enough money in the exchanges? Would bitcoin fail?

if everyone withdraws all of their owned assets from the online wallet that it owns may make a slight drop in price but surely it will be for a while because so many want to buy your bitcoin & Fiat.

If it happens to me then bitcoin will fall and finally get to zero. Why? because a lot of bitcoin will catch a little fiat and supply will overwhelm the demand, If everyone pulls money there, I can tell you that there will not be enough money in exchange.
One thing is for sure that the investors who have invested their moneyinto any of the crypto currency and then made out some good amount of profit will never ever cash out any of the crypto coins back into paper money as they know this will make them rich one day. However, in case this thing ever happens, then this will result in complete disaster of the entire crypto market as the rates of the crypto coins will go down.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: crisasimo10 on March 09, 2018, 11:00:44 AM
Would there be enough money in the exchanges? Would bitcoin fail?

In a situation like that, it would really create a large scale problem, its like having a food shortage where people race with each other just to get food. same goes for cash, and if all bitcoin users withdraw their money at the same time, you know exactly what would happen. However thats very impossible to happen unless there is something like bitcoin will no longer operate.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: 666#666 on March 14, 2018, 06:34:30 AM
Regardless of whether there is no association between all trades, they as of now have the bucks and that is the thing that makes them a trade in any case. The thing with most trades is that they exchange as well, and they profit from these variances, so toward the end, there ought to be sufficient to go around.

Asides that as well, I truly don't put stock in any trade if at any point a situation like that happens, they may essentially shut down or stop withdrawals, yet we can't see a circumstance like this in any case.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: naidray on March 15, 2018, 12:45:17 PM
Would there be enough money in the exchanges? Would bitcoin fail?
If every one starts selling their bitcoins for fiat,then definitely the price would crash and so exchanges would not find it difficult to pay.Such a situation has not happened in the past and i hope that such a situation would not happen even in the future.If it happens,it might be the end pf bitcoin.

Op made a mistake, you don't sell your bitcoins or other coins to exchange site, they are just middle man, you are selling to other people. Exchange earn in fees for trading, for withdrawing, from other things, but they are just in the middle, so when you sell your coins for fiat someone else have coins.
If demand goes to zero, that means that no one wish to buy any coins prices will go down and down to the zero if there is no interested buyer's, but when will that happen? Can you see that people wait dips to buy more! Crypto market is here to stay, chance for this market to touch zero value is 0.0001%, people are to interested and if bitcoin price go to 1 dollar people would buy and pish the price back up.
I am pretty sure he must have assumed that everyone sells to an exchange and we are all converting to fiat through an exchange. Even if you are converting on an exchange, people are also buying from the exchanges and that is why supply and demand will keep playing out and even on those exchanges, you are actually buying from or selling to fellow traders anyway at the price of the market.

The only scenario where something like that can happen is bitcoin dying, and then everyone rushing to sell, but who will want to be bag holding in such scenario except someone that does not have the information and they will be few.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Clark05 on March 15, 2018, 01:33:26 PM
Ofcoarse if everybody convert their coins to fiat for sure the price of the bitcoin will decrease because we are investor so if we sell our coins the price decrease because the funds is coming from us and criculating if many peolle bought coin the price increase. The future of the coins is deoends to us if it's good or not. 


Title: Re: What if everyone withdrew their coin in fiat?
Post by: janelleshepard on March 15, 2018, 07:45:17 PM
That could be a suck scenario for everyone who was in cryptos at that moment. Cryptos market were built on the trust of investors, the supply and demands. Losing so much investors means cryptos won't be enough good and potiental for every investors anymore and that could damage Bitcoin so hard.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: BitcoinCommodor on March 17, 2018, 07:04:35 AM
Hope this happens so I can buy the dip haha
That would be some whooping amount of bitcoin to buy because in that kind of scenario, it is more like us going back to square one from where it all started and by then, I am sure there would be a lot of people who will not care how much they are buying by then which makes it realistic to know that such scenario of everyone trying to dump will never play out as long as there are people who want to buy.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: giarised on March 17, 2018, 10:54:06 AM
Hope this happens so I can buy the dip haha
Hahahaha you seem more awaited for dips. Well yeah, this would be a fantastic chance for every buyer out there to examine the scenario and buy according to their pocket range.

For such dips, better is to keep an amount gathered already with you that as such situation comes, hit the market and earn your part. Bitcoins are not that much hard to get, just use some technicalities of field.
As long as nothing is wrong with the market to make everyone to just want to sell, I do not even see how it can play out. However, if it ends up playing out and there are people to sell to, that means there are still real believers who believe in its usage and a time will come when some of us will still be available trying to buy the pieces that everyone has rejected, which I am sure they will still come back to buy from us at the top when the time comes.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Borisb52 on March 17, 2018, 11:15:40 AM
Would there be enough money in the exchanges? Would bitcoin fail?

There will always be those who will not sell Bitcoin. You can sell Bitcoin only when someone buys it. If no one will buy it, then it will be impossible to sell it. Therefore, I think that there will be enough cash.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: nelsledma on March 19, 2018, 10:16:41 AM
Hope this happens so I can buy the dip haha
Hahahaha you seem more awaited for dips. Well yeah, this would be a fantastic chance for every buyer out there to examine the scenario and buy according to their pocket range.

For such dips, better is to keep an amount gathered already with you that as such situation comes, hit the market and earn your part. Bitcoins are not that much hard to get, just use some technicalities of field.
As long as nothing is wrong with the market to make everyone to just want to sell, I do not even see how it can play out. However, if it ends up playing out and there are people to sell to, that means there are still real believers who believe in its usage and a time will come when some of us will still be available trying to buy the pieces that everyone has rejected, which I am sure they will still come back to buy from us at the top when the time comes.
There are so many investors who are investing their money into different kind of the crypto currencies and that it is not at all possible to see this thing ever happening as there will always be the investors who will be investing their money into it. In case this thing ever happens, then this will only result in the downfall of the entire crypto market and that the rates of the crypto coins will fall significantly.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: clarkt on March 19, 2018, 10:20:23 AM
It will be impossible for such to happen.  The chances that such will happen is 1 to 10 ratio!  The consequences of it happening will be grave and catastrophic.  It will affect everything including the fiat.  I can not imagining it happening!


Title: Re: What if everyone withdrew their coin in fiat?
Post by: kramr on March 19, 2018, 10:25:05 AM
Then many of them the value of the coins will bw drop down and does not will recover fast because all of it's coin withdrawn into fiat? Better to have strong foundation to help increased it's value fast and better


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Smarty14392 on March 20, 2018, 11:48:52 AM
Hope this happens so I can buy the dip haha
That would be some whooping amount of bitcoin to buy because in that kind of scenario, it is more like us going back to square one from where it all started and by then, I am sure there would be a lot of people who will not care how much they are buying by then which makes it realistic to know that such scenario of everyone trying to dump will never play out as long as there are people who want to buy.
Buying and selling always carrying out at same level. There must be conservation of amount and number of bitcoins in international market where everyone can buy and sell at some time. Like you have said, there would be nothing like this when everyone would be dumping and no one is there to buy bitcoins. Opportunity windows becomes more available when dumping occurs.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Arwinkim on March 20, 2018, 12:44:17 PM
Would there be enough money in the exchanges? Would bitcoin fail?

Supply is over loaded and price will fall deeper and deeper. If this happens to Bitcoin the whole market crashes like domino effect. It is different story if it happens to just one or two of alt coins.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: flower1024 on March 20, 2018, 02:23:44 PM
Hope this happens so I can buy the dip haha
Hahahaha you seem more awaited for dips. Well yeah, this would be a fantastic chance for every buyer out there to examine the scenario and buy according to their pocket range.

For such dips, better is to keep an amount gathered already with you that as such situation comes, hit the market and earn your part. Bitcoins are not that much hard to get, just use some technicalities of field.

you can't because even you also lose confidence in this cryptocurrency. just think what we discussed 3 months back. we discussed if the price drops $10k it is the best time to buy bitcoin. but now the price is $8k and all altcoins dropped like a hell still looking for best price. according to you what is the best price? I think no one is ready to lose their money am I right?


Title: Re: What if everyone withdrew their coin in fiat?
Post by: coolws on March 20, 2018, 05:14:12 PM
When most of people sell their alts, the price would decrease definitely due to supply demand. If everyone loses their interest in cryptos, it would be a disaster in the trading market. From my point of view, that day would never come, investors would never give up make profits on it.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: atjiat on March 20, 2018, 06:21:25 PM
When most of people sell their alts, the price would decrease definitely due to supply demand. If everyone loses their interest in cryptos, it would be a disaster in the trading market. From my point of view, that day would never come, investors would never give up make profits on it.
what a tendency we see when the bounty of the company participated and wait for the distribution. Once the coin falls into the user's hands, it immediately enters the market. And this omits the price of a coin. So we always face the problem of a coin falling in price.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: burner2014 on March 20, 2018, 06:33:03 PM
When most of people sell their alts, the price would decrease definitely due to supply demand. If everyone loses their interest in cryptos, it would be a disaster in the trading market. From my point of view, that day would never come, investors would never give up make profits on it.
what a tendency we see when the bounty of the company participated and wait for the distribution. Once the coin falls into the user's hands, it immediately enters the market. And this omits the price of a coin. So we always face the problem of a coin falling in price.
That is right, there is no way that all people unite to withdraw and convert their coins to fiat, I don't think that could happen, of course not, so stop worrying about that, it will just happen when all countries banned bitcoin which is impossible thing.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Ayush rana on March 20, 2018, 06:47:10 PM
As if the people start selling their coins in terms of fait then with in few weeks the price of Bitcoin will decrease very low and even the holders of btc will also reduce. As the demand will decrease and supply increase so the value will also decrease. And there are maximum number of chances that Bitcoin might lose its potential customers.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Harley29 on March 20, 2018, 07:29:59 PM
Would there be enough money in the exchanges? Would bitcoin fail?

Supply is over loaded and price will fall deeper and deeper. If this happens to Bitcoin the whole market crashes like domino effect. It is different story if it happens to just one or two of alt coins.
Not good strategy to sell your bitcoin to increase the level graph of supply as compare to the demand, it causes decrease in price, but more of the time high level traders do this intentionally because they want to see bitcoin  market down which  will give them opportunity to buy bitcoin for trading at very low price, then again the buy more than their sold bitcoin to save for long time, so all the time if you see bitcoin market down try to trade at that time and choose long time trading not short time trading.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: MMA on March 20, 2018, 08:02:05 PM
When most of people sell their alts, the price would decrease definitely due to supply demand. If everyone loses their interest in cryptos, it would be a disaster in the trading market. From my point of view, that day would never come, investors would never give up make profits on it.
what a tendency we see when the bounty of the company participated and wait for the distribution. Once the coin falls into the user's hands, it immediately enters the market. And this omits the price of a coin. So we always face the problem of a coin falling in price.
That is right, there is no way that all people unite to withdraw and convert their coins to fiat, I don't think that could happen, of course not, so stop worrying about that, it will just happen when all countries banned bitcoin which is impossible thing.
Yes that is right that it cannot be happen so easily, because most of the people still want to continue investing money in crytpo world because they are getting good profit from it. I think that it can only happen if all the countries of the world turn bitcoin illegal and bane it, and i do not think that all the countries are going to bane crypto currencies.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: zokilnmet on March 21, 2018, 08:54:49 AM
Obviously the cryptocurrency market will die. The same will happen with every thing in our world


Title: Re: What if everyone withdrew their coin in fiat?
Post by: nskendrovic on March 21, 2018, 09:08:09 AM
I'm sure there would be at least a hundred people who will be ready to purchase the entire bitcoin supply at $10 a coin. Also if everyone withdrew their coins in fiat at the same time, then the coin will fall in price at a astronomical rate.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: butcherme on March 21, 2018, 09:15:50 AM
Would there be enough money in the exchanges? Would bitcoin fail?

If everyone dumps their bitcoin, obviously the value will surely drop a lot. However, I doubt if this will happen. Of ever bitcoin drops back to less than a thousand dollars, a lot of people will surely buy back to get more bitcoin at cheaper price.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Bowly88 on March 21, 2018, 11:38:17 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Yes abso5 yes because the overall price of the bitcoins depends on the supply and demands of the people if the people cash out all their bitcoin into fiat then what will happen is there are no bitcoin holder that are existing snymore and the bitcoins price wil vanished and they are just starting drom scratch again because all the people sell them and then the value will be almost worthless again because of a high volume but not buys in the market.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Makrochain on March 21, 2018, 03:11:26 PM
In case, there comes a time when we experience such kind of scenario that all the people who owns bitcoin and other crypto coins convert their money into fiat, then it is not possible for crypto coins to survive in this world. This will result in loss of value as well as market price of bitcoin. This is hardly any chance of this to occur. Yes, it is very much possible that everyone starts converting their paper money into crypto currency


Title: Re: What if everyone withdrew their coin in fiat?
Post by: alibaba93 on March 21, 2018, 03:14:22 PM
In current scenerio the growing value will surely attract new users and they will probably buy, and the old users few of them might sell, but this cycle is going to continue and technically Bitcoin won't be completely withdrawn to fiats. The answer would be bitcoin is worthless. As we all know the price of anything would be the buyers willingness to pay for it. If this happens most likely it is the end of the world as we know it


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ervinmadureri on March 21, 2018, 03:17:26 PM
For a crypto to survive there should be both demand and supply.But in case of bitcoins there is no chance of it falling there is enough demand for bitcoins and people have started accepting bitcoins. Banks will be liable with the funds that you have, but no passive income is possible due to low interest value that’s provided to fiat depositors


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Aneuk cabang on March 21, 2018, 03:42:21 PM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.

isn't bitcoin supply limited? about the demand maybe it will influence the price, but the supply only limited for 21 million only and there is also about the dead bitcoin.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Ashimwe on March 21, 2018, 06:19:03 PM
In this case price would keep reducing and if everyone went to fiat, price would go to 0, supply and demand determine these markets thus if supply over weighs demand of a product, price reduces and viceversa


Title: Re: What if everyone withdrew their coin in fiat?
Post by: futuret on March 21, 2018, 08:03:46 PM
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.

isn't bitcoin supply limited? about the demand maybe it will influence the price, but the supply only limited for 21 million only and there is also about the dead bitcoin.
Supply is limited to the 21 million but the demand is what decides about the supply either it is sufficient or not because if at one time there are 1 million bitcoin owners who want to sell their bitcoin and only half million persons are there who want to purchase the bitcoin, then certainly the price of the bitcoin will fall because the supply is more than the demand at that time, so in my opinion this is how the system works.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: royale143 on March 21, 2018, 08:27:22 PM
I think people will pull their coins at the highest price or the price of the coins in the prediction will fall as it could be from the number of bitcoin more and more and the fewer its consumers affect the price of the coin.

That's the common mentality of most people here, that's why the best business move is to always "hold" right? It has been in their attention that if you would transact on times when the market is down, then it would be the dumbest move that you ever could do because you would only get a loss. Having said that, I think that the trading sites have enough if that happens where people would invest their coins for money. That happens and we have not heard of the market crashing or anything, I think those trading sites are getting more than enough as they impose high transactions fees these days and a little more.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Webberson on March 21, 2018, 09:23:27 PM
The price of bitcoin is being affected by the demand and supply of individuals and if everyone were to withdraw their coin into fiat, it will certainly cause a decrease in value because there will always be dumps at all times.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: shield132 on March 21, 2018, 09:38:35 PM
I think it is something similar of this question: What will happen if everyone burn their paper money?
It won't happen I bet so I think the same about bitcoin, not everyone will withdrew their coin in fiat + remember that there are some lost coins + satoshi nakamato.
Even if we consider this fact, high demand = low price and finally this coin will fall and destroy if everyone sells. But remember, exchangers won't do that.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: toxic0n on March 23, 2018, 02:04:33 AM
Regardless of whether or not there's no association between all trades, they as of currently have the usd which is that the factor that creates them a interchange any case. The factor with most trades is that they exchange similarly, and that they take advantage of these variances, thus toward the tip, there got to be decent to travel around. Asides that similarly, i actually do not place stock in any trade if at any purpose a state of affairs like that happens, they'll basically stop working or stop withdrawals, however we will not see a circumstance like this in any case.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: w33man on March 25, 2018, 07:02:19 PM
Would there be enough money in the exchanges? Would bitcoin fail?

Bitcoin will not fall. As we know bitcoin had been trusted by most investors since it is the first cryptocurrency to be ever successful and to bring convenience not just to people, but also business establishments. Most investors will surely buy more bitcoin once bitcoin price goes down at a very cheap price. So, I doubt if bitcoin will ever lose it's value down to zero.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: TheHas on March 26, 2018, 06:21:11 AM
Would there be enough money in the exchanges? Would bitcoin fail?

Supply is over loaded and price will fall deeper and deeper. If this happens to Bitcoin the whole market crashes like domino effect. It is different story if it happens to just one or two of alt coins.

Given the market is unregulated, I would question if the exchanges have enough fiat to pay out everyone. I would say for most that it would be very unlikely.

Although you could argue that the same exists for banks. If everyone went to ATM's or bank branches at the same time and withdrew their savings in cash paper notes, there wouldn't be enough and the banks would be insolvent. Something slightly similar happened to Greece a few years back as part of Grexit, where Greeks were restricted to withdrawing something like $200 euros a day from their accounts, as there was concerns the country would leave the eurozone and have to start their own (less valuable) currency.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: cryp24x on April 01, 2018, 05:35:14 PM
Would there be enough money in the exchanges? Would bitcoin fail?

If you were asking if Bitcoin will fall, I strongly believe that Bitcoin will never fail. Why? Most of the countries are starting to accept cryptocurrency as an alternative mode of payment and considering Blockchain technology apply to different platforms.

If Bitcoin will not fall, I think I don’t have to answer your first question.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Reid on April 01, 2018, 05:53:16 PM
They can take it. They should be.

Well after what you are imagining then it will be a chance for the new ones to buy at a cheaper price.
There will always be buyers. That is the truth.
Many people wants to get invested and if the buyers are too much it will gain value again. Demand is there so it will never stop to go up.

What is with all this negativity with bitcoin with just $1000 of dollars lost? You are all rejoicing when bitcoin grows so rapidly and you didnt even consider thinking it will fall back.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: biboy on April 01, 2018, 05:59:03 PM
Would there be enough money in the exchanges? Would bitcoin fail?

If you were asking if Bitcoin will fall, I strongly believe that Bitcoin will never fail. Why? Most of the countries are starting to accept cryptocurrency as an alternative mode of payment and considering Blockchain technology apply to different platforms.

If Bitcoin will not fall, I think I don’t have to answer your first question.
They can do whatever they want in their money, I don't really make panic because I don't want to lose hope although the price really makes us sad but still thankful that I am holding some and having the chance and opportunity now to buy more so at least I know that at the end of the year we'll all celebrate again.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: rapidleech on April 01, 2018, 06:09:59 PM
this situation is impossible in market. Because there are no reason to people do that. If they dont like Bitcoin, they can choose altcoins. even the worst shitcoins have their fans


Title: Re: What if everyone withdrew their coin in fiat?
Post by: kramr on April 01, 2018, 06:11:28 PM
If everyone withdrew their coin into fiat then I guess the value of these coins will fall, so most likely there is enough money to convert these coins into fiat. But the problem would be that these exchanges would also be closing down if ever it is going to happen. A lot of things will happen if everyone withdraw their coins for sure.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Edraket31 on April 01, 2018, 06:18:03 PM
If everyone withdrew their coin into fiat then I guess the value of these coins will fall, so most likely there is enough money to convert these coins into fiat. But the problem would be that these exchanges would also be closing down if ever it is going to happen. A lot of things will happen if everyone withdraw their coins for sure.
I don't think that we do have all kind of mindset for sure some people will stay here in bitcoin no matter what the price we have right now, so better to just stay your holdings and just continue to buy what you can so that your investment can be added to your current holdings.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: arienna23 on April 01, 2018, 06:45:45 PM
Why on earth would everyone "cash out" for FIAT which continues to decline in value? You seem to miss the strong point of Bitcoin being a deflationary currency based on its' fixed 21 million supply.

But still if we get there, that means that Bitcoin is no longer just an investment, but an actual currency. People will "cash out" their btc to buy bread, cars, homes from someone who will use it to do the same.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: cr_liev on April 22, 2018, 08:37:53 AM
I agree with those who say it would be nearly the end of crypto. But still, it's the question of demand. Many people found a good source of income on the exchanges. They will create (and already do it) the demand for crypto and manipulate the market in such a way that all people at once won't be able to cash out all the money in fiat.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: lushlife on April 22, 2018, 01:25:55 PM
... well if "everyone" will, then bitcoin, crypto in general will crash. bitcoin's value depends on its supply/demand. so if there's no demand then there's no value.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: ThunderCatSteve on April 23, 2018, 09:10:57 AM
Would there be enough money in the exchanges? Would bitcoin fail?
If you were asking if Bitcoin will fall, I strongly believe that Bitcoin will never fail. Why? Most of the countries are starting to accept cryptocurrency as an alternative mode of payment and considering Blockchain technology apply to different platforms.

If Bitcoin will not fall, I think I don’t have to answer your first question.

This is impossible, at least not all the people can withdraw their coins in fiat, some will exceed the limit to withdraw the coins in fiat (daily/weekly/monthly or even yearly), some others will immediately close their exchange or their website will go "offline" due to some errors in their servers or even some maintenance.
The price of course will start falling down because this makes a huge panic to the people and this is the best moment to buy and banks at this stage buy which they plan to sell later at ATH.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: BarbusseH on April 23, 2018, 10:05:33 AM
If the price of bitcoin essentially drops, then of the 7 billion people on our planet there will always be enough people willing to risk that would try to increase their money several times.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: winspiral on April 23, 2018, 10:33:48 AM
Quote
What if everyone withdrew their coin in fiat?

This question is unlogic and the doing is impossible.
See the trade on my WSPU2 faucet.
You can see that if too many tokenholders sell the price goes so much down that soon or late other people will be interested in buying.

And with withdrawing coin it is more unlogic because if someone sells...an other one buys...so never all coins are sold.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Ananastasia on April 23, 2018, 10:35:54 AM
Everything would just be fine, as always


Title: Re: What if everyone withdrew their coin in fiat?
Post by: Lecam on April 23, 2018, 10:50:26 AM
If all of us suddenly decides to withdrew all our coin into Fiat then the market would crash down.
There wouldn't be a demand so the value would drop down to zero.
But I think this scenerio could never happen.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: sumanto on April 23, 2018, 11:06:30 AM
Would there be enough money in the exchanges? Would bitcoin fail?

if everyone withdraws the assets they own and converts them to fiat it is certain the bitcoin price will collapse very deeply and horribly and it could be bitcoin will never be believed again, but in my opinion it will never happen bitcoin will be more expensive.


Title: Re: What if everyone withdrew their coin in fiat?
Post by: XFlowZion on April 23, 2018, 12:14:44 PM
Don't be afraid my friend because that ain't happening. Bitcoin will be used in the real world so exchanging it
 again back to fiat is stupid. People would rather use bitcoin directly to purchase things.