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Author Topic: If people stop buying bitcoin  (Read 7153 times)
Glydel1999
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March 27, 2018, 07:54:13 AM
 #1121

If people stop in buying bitcoin, bitcoin's value and price will possibly goes down or dump. If many people stop buying bitcoin, its just like banning crypto in such country.
The demand of bitcoin will decrease and also its supply. By this, it will affects the flow of pricing in crypto.
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yacare
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March 27, 2018, 08:36:25 AM
 #1122

If nobody buys bitcoin that of course its price will very strongly fall. But it will hardly occur because it is not deception, but new technology which will enter our life. Several years are necessary and you will see as all to change

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March 27, 2018, 08:59:56 AM
 #1123

This is possible, but not exactly, the world always changes, new technologies come and replace the old ones, my opinion is that the correction will be a maximum of 1 year, then the price will be very high and people will again buy bitcoin
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March 27, 2018, 09:07:41 AM
 #1124

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 this happen,people life and seller of bitcoin will be boring. But this is impossible because day by day people buy bitcoin to hold it in long-term for their future.
nuggetbram
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March 27, 2018, 09:08:25 AM
 #1125

if they can not buy a bitcoin and just stock it's possible to increase its value and if lots of sell their bitcoin it's possible to get off because the buyers are not controlling and the price is at least one bitcoin's price sometimes  Roll Eyes
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March 27, 2018, 09:13:41 AM
 #1126

If this will happen that nobody wants to buy or even use Bitcoin anymore, the price will just go down to 0 and this will be the end of BTC. The key to success is still mass adoption. That is why high fees and a slow network is bad for Bitcoin. When this happens people search for other cheaper and faster cryptocurrencies which match their needs. I hope developers will come up finally with the solution to all scaling problems and Bitcoin will rise again. I still believe that on chain scaling is possible.

asdnguyenthanhtin
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March 27, 2018, 09:34:16 AM
 #1127

Any industry should also exchange and buy. If no one buys anymore, it will no longer be worth it, then surely the bitcoin will return to zero
congtuan001122asd
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March 27, 2018, 09:42:22 AM
 #1128

What a dumb question. The value of the bitcoin depends on the needs of the user. If people stop buying bitcoin then bitcoin will end.

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mario00
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March 27, 2018, 09:49:49 AM
 #1129

If everyone stopped buying bitcoin I'm pretty sure it would lose all of its value and stop worthing much because then it would have no use to people. Demand is what drives the price of bitcoin
giorgos420
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March 27, 2018, 01:26:31 PM
 #1130

If people stops buying Bitcoin , so it means there are only people on selling and that will dump Bitcoin into a black hole . It's the natural rule.
giorgos420
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March 27, 2018, 01:34:24 PM
 #1131

That could be the end of Bitcoin because noone buying Bitcoin means it's abandoned and it will become worhtless.
Loopper
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March 27, 2018, 01:39:08 PM
 #1132

The price will drop strongly or until Bitcoin will not have a price. It happens if there will be a new coin that is better than Bitcoin.
Jimile
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March 27, 2018, 01:40:26 PM
 #1133

if people stop buying bitcoin then bitcoin will cease to exist because it will become useless to anyone
Mr.Dick
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March 27, 2018, 01:48:26 PM
 #1134

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.

In my opinion, that is a question you might not be thinking much about yourself, no offense! I would compare it to the question: what if people would stop buying oil? sure thing oil price would drop, but since btc is a currency, it might be different, if people stop buying bticoin but continue paying with it, and others accept it as payment, it is a closed autonom circle.

sollahp
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March 27, 2018, 01:50:27 PM
 #1135

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.

In my opinion, that is a question you might not be thinking much about yourself, no offense! I would compare it to the question: what if people would stop buying oil? sure thing oil price would drop, but since btc is a currency, it might be different, if people stop buying bticoin but continue paying with it, and others accept it as payment, it is a closed autonom circle.
This is a point often overlooked by borrowers.

Many people were also likely buying cryptos with their credit cards. Many large banks and credit card companies have announced they will no longer allow crypto purchases with credit cards.

It makes you wonder just how much of the crypto fad was fueled with borrowed money.

kuncimobil
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March 27, 2018, 02:48:04 PM
 #1136

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 think, if people stop buying bitcoin then bitcoin prices will continue to fall and maybe bitcoin will have a very low price and no value because no more investors are interested in bitcoin
jeluhtajem
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March 27, 2018, 03:01:28 PM
 #1137

I concur with you, and I don't trust it would happened that individuals' quit purchasing bitcoin. It's only a start of the time of bitcoin, there are numerous individuals' and financial specialist welling to purchase bitcoin.
RuslanSamui
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March 27, 2018, 03:03:32 PM
 #1138

Bitcoin is now so popular, so you can not be afraid of it. In all countries, all people have heard something about bitcoin
giorgos420
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March 28, 2018, 01:43:39 AM
 #1139

But however, I don't think at all that the people will stop buying bitcoin. The world is verry wide, and bitcoin I'm sure it will become more widespread to knowing throughout the world, recognizable by more and more people, and there are certainly will be the people who still try to buying it
But everything could be happened in this world right, which means they could stop buying Bitcoin for real and that will be the worst situation one.
Noone buying Bitcoin anymore mean Bitcoin is totally useless and that will cause to the worthless also.
wasaisisisi
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March 28, 2018, 01:47:39 AM
 #1140

It will not happen i know because the bitcoin has been much legalized in some countries. So i'm pretty sure people will not stop to buy bitcoin. But if people stop buying bitcoins i'm sure the prices in the market will definitely drop drastically and that's actually our chance to buy bitcoin at a cheap price. And for the future i do not know what people will use bitcoin again or not if the price is very cheap.
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