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luckycoinn
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November 17, 2017, 11:48:08 AM |
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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
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yanlap
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November 19, 2017, 12:00:26 PM |
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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. |
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tanghere02
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November 19, 2017, 12:11:42 PM |
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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.
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sana54210
Legendary
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Activity: 3178
Merit: 1128
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November 19, 2017, 01:20:33 PM |
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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. |
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the rise
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November 19, 2017, 03:13:19 PM |
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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 |
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uray
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November 19, 2017, 03:18:09 PM |
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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.  |
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Kr-sama
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November 19, 2017, 03:32:12 PM |
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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. |
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Rashid555
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November 19, 2017, 04:54:51 PM |
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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.
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PORN_coin
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November 19, 2017, 04:56:40 PM |
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several paths
most popular through exchangers verified personally
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BUK2016
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November 19, 2017, 05:03:54 PM |
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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.
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gabmen
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November 20, 2017, 12:53:13 PM |
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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. |
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malikusama
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November 20, 2017, 04:55:18 PM
Last edit: November 20, 2017, 06:08:27 PM by malikusama |
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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. |
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luckycoinn
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November 21, 2017, 01:54:32 AM |
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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 |
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Kiweikoo
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November 21, 2017, 05:52:07 AM |
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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. |
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carlisle1
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November 21, 2017, 06:21:45 AM |
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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 |
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Hazaki
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November 22, 2017, 02:16:11 PM |
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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 .
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boboking
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November 22, 2017, 03:21:47 PM |
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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.
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zander09
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November 22, 2017, 04:24:26 PM |
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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. |
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flower1024
Legendary
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November 22, 2017, 04:35:22 PM |
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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. |
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Adioliver
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November 22, 2017, 04:38:26 PM |
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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".
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