What if everyone withdrew their coin in fiat?

[bitgolden]

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.

[upsidedown75]

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.

[Osarman]

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.

[tumokatok]

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.

[Nahl]

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 

[Vannie12]

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.

[adaseb]

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.

[enawati]

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.

[Sengoko]

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.

[crisasimo10]

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.

[666#666]

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.

[naidray]

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.

[Clark05]

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. 

[janelleshepard]

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.

[BitcoinCommodor]

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.

[giarised]

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.

[Borisb52]

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.

[nelsledma]

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.

[clarkt]

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!

[kramr]

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