If people stop buying bitcoin

[shamzblueworld]

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

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[BrewMaster]

you can't just ask these "what if" questions without putting a little thought into it!
for example why would every single person involved with bitcoin decide "at the same time" to not buy bitcoin anymore at any price?

[MadGamer]

If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.

[Rozita]

I don't think it will happens. There is no reason. The demand is high and will be high too as day by day more people know bitcoin and its potential.

If what you said happens, price will fall as demand is lower than supply. But as I mentioned it never happens.

[LoudA__]

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

That is an obvious question, there will be less demand, so was the price. I think that is impossible since bitcoin is surviving a lot of years now and even it dumps, people will be taking advantage of that dump and use that to earn a good profit.

[Th3p1]

Simply because most people believe that the value of bitcoin should be higher than this so.  If there is a big dip, expect more investor to get their hands on to get price back up and reach a new ATH.  the people that dump it will buy it back at a higher price, this always happen lol

[Dan D. Lion]

I agree I don't think it will ever happen realistically, but there's a difference between buying it and using it, so a person who owns an amount of it will probably avoid using or "spending" it if he believes it will continue to increase in value.  Why spend an asset that is increasing in value when you can spend a fiat currency that will only depreciate in value?

[Cazemiro]

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

I believe, if people just stop to buy bitcoin, the value go to $ 0, just like Tulip Mania. People must see Bitcoin, like a currency or investment device, to continue the trade.

[ecnalubma]

If no one buys its the end of bitcoin for sure. If it becomes worthless then there's no more demand. What if no one buys gold too?

The reality is we are the ones that dictates prices and value to things tangible or not, always remember the law of supply and demand.

[Theb]

Well it doesn't people at a certain level only stop buying at a certain price if that happens the next thing that the sellers will do is to drop proces until a buyer will match their price. That is how cryptocurrency trading works there will always be demand on a certain price. Simply having no people buying Bitcoin will mean the end for it as no one is interested in having your Bitcoin, it means that there will be no demand for it if ever that happens.

[virtfund]

People do not easily leave their habits. Bitcoin is now in our world. Even if there is no Bitcoin, there will be other digital money. People will not stop buying Bitcoin because they just started

[soham]

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

If people will stop buying bitcoin, that would be the end of it. If there are no buyers available, there will be no value of bitcoin and it can be announced that bitcoin is dead. There will be supply but there will be no demand. So the price of bitcoin will be zero. Miners will stop mining it as there will be no takers of the coin and since there is no mining, no transactions will be confirmed. Basically the end of bitcoin.

[Philippines]

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

Well If that happened BTC price will decreased since it wont be bought already .

[coolcoinz]

As long as exchanges are a thing there will always be sellers and buyers. Even worthless shitcoins are still being traded because people are looking for ways to make money on them. You couldn't just make them stop buying even if Bitcoin was known to have a fatal flaw or started to be replaced by something else, better.

[batang_bitcoin]

What will happen if people just stop buying bitcoin?

Then everyone is holding bitcoin and does have enough bitcoin so there's no more bitcoin to buy but it's not good for the ecosystem since everyone is hoarding.

Will bitcoin be as usable as now Or will it be a step towards the end?

What makes you think that bitcoin will come to an end? Just because no ones buying it? Buying and using are different terms, it will only step towards to its end when no one is using bitcoin.

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

The price will become lower/cheaper.

[pat4cryptoreal]

We are not praying for such thing to happen but if it happens there will be a fall in price because it is the level of demand that always propel the price.

[codem0nkey]

hard to imagine, because the chances are just so slim.

[mOgliE]

The answer of your question is mainly linked with the law of demand and offer. Whatever the product we talk about, prices tend to rise when there is more demand than available products (offer).

In the case you are talking about, this means that there is more offer (bitcoin) than demand (people willing to buy). Logically, prices should fall. Yet, such collapse does not mean that the product itself will disappear. People using it will have to adapt their behavior and change their habits. This means that 1 bitcoin may be worth 1 dollar.
However, this drop is not a step toward end of bitcoin.

And actually, if you pay attention to the way bictoins are created, such a drop seems completely impossible.

[Hexah]

If by chance that there will be no one stop buying bitcoin then it will be totally not usable and no more value than what it was, because bitcoins value or price really determines the demand of the users who owns it. I don't think that it will happen right now and I don't think also that it will be because is the digital gold to be exact on this century in fact if you just hold or reserved it that would be a good asset because the future will lies in to a digital world.

[squatter]

What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?

How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.

What if people stop buying gold? How is that any different? My expectation is that price will go down. If literally nobody wants to buy BTC anymore, then its price will go to $0 and volume will evaporate entirely.

Unless there is a fundamental protocol failure, I don't see that happening. And even if there was such a failure, I think BTC would be forked to fix it, and demand would return. I guess in that case, there would technically be no buyers for legacy BTC, as we would all have moved to the forked version.