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Author Topic: If people stop buying bitcoin  (Read 7153 times)
marjil
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April 06, 2018, 08:20:51 AM
 #1261

If people stop buying bitcoin, the bitcoin will drop further and it will not help people.


If people don't buy bitcoin then what will they buy instead because the alts are not as good as bitcoin. I don't think this can happen because bitcoin is the main coin so that is what everyone will continue to buy.

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julzcoinbit
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April 06, 2018, 08:42:33 AM
 #1262

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 that will occur then meaning to say bitcoin is not profitable anymore coz no one has ever invest in it or let we say buy this coin. And there will be no crypto currencies will exist anymore because all altcoins here in crypto were just matter of bitcoin technology. So I could say crypto world will vanished  if ever this scenario will granted.
BlackSeaConqueror
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April 06, 2018, 08:47:33 AM
 #1263

The market's free hand will eventually figure out a price in which buyers will be in an equilibrium with sellers, settling on a new price. There's no scenario where no one wants to buy bitcoin for any price.
ScroodjMoney
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April 06, 2018, 08:51:05 AM
 #1264

I think people can not stop buying BTC. because it already dominate the market. also other coins are dealing with this master. because of that my op onion is this statement is not realistic.
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April 06, 2018, 09:02:29 AM
 #1265

The rate will drop and bitcoin will die for good.The product is interesting only when it is bought but if it will not buy it therefore it will fall in price
Mei1418
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April 06, 2018, 09:04:23 AM
 #1266

maybe this will be a temporary loss for those who have bitcoins, and although bitcoin can not be saved, they can start investing again with another altcoin
roller24
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April 06, 2018, 09:07:01 AM
 #1267

If people stop buying bitcoin it will fall so much in price that all crypto investors will instantly become poor.I hope this never happens.
martin1221
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April 06, 2018, 09:07:33 AM
 #1268

People or investors are now lesser in bitcoin world, they are in some altcoins, buying some of it, that is why bitcoin price is getting lower and lower. If it will continue bitcoin price will crash. But dont worry mate, bitcoin is a strong coin, dont lose hope on it
randyjayag3
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April 06, 2018, 09:11:05 AM
 #1269

This would never be happen.More people are interested in Bitcoin . I think they buy bitcoin even the rate is not good. Bitcoin is volatile . We can't predict what will happen.
LooBaao
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April 06, 2018, 09:12:48 AM
 #1270

If BTC stops trading, the entire Crypto market will probably go down and break down in the near future. BTC is the leading coin, altcoin prices depend on BTC prices. So BTC can not stop the transaction. The entire Crypto market is relying on the BTC.
karloscimot
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April 06, 2018, 09:20:05 AM
 #1271

if people stop buying bitcoin definitely The bitcoin digital world will experience congestion constraints. but the name of the buyer will definitely continue to exist. it will be more and more people who buy bitcoin.  the first example of bitcoin still few who understand and know the existence of bitcoin world. but more and more years more people who know and invest in it .

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Benito01
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April 06, 2018, 09:37:02 AM
 #1272

I think if people stop buying bitcoin bitcoin will die in the near future because if there is no people accept bitcoin as money so bitcoin will loss value and definitely bitcoin will die in that way.

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Wibisono
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April 06, 2018, 10:23:14 AM
 #1273

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.
Bitcoin will go down in value. And there will be a substitute bitcoin position on the spot.
I had little doubt if bitcoin can last forever and is bought continuously.
There is a time when bitcoin will no longer be wanted by many people.
kikoy999
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April 06, 2018, 10:43:08 AM
 #1274

when people stop buying bitcoin many people will be able to influence it because maybe I'm sure that the bitcoin price will not rise and many people will be worried especially with bitcoins.

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April 06, 2018, 11:08:06 AM
 #1275

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 no request of bitcoin will die, because the bitcoin price determinant is the number of requests. but that's unlikely, because bitcoins are needed for global transactions.

If people lose interest in Bitcoin and they stop patronizing it, the price of it will surely go down. In this case, there could be two possible effect, either the demand might also drop down or it also might encourage people to buy because of the price deflation.

Umar001
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April 06, 2018, 11:36:48 AM
 #1276

If peoples stot buying bitcoin then bitcoin would become less value, the price will go down drastically, infact bitcoin can be kill by non patronage of the coin, but bitcoin can die.
andreevaviktoriy77
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April 06, 2018, 12:04:47 PM
 #1277

If people stop buying bitcoin, this can lead to the fact that bitcoin will not be relevant and because of its irrelevance, demand will decrease.
mine_20
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April 06, 2018, 12:08:41 PM
 #1278

If people stop buying bitcoin, bitcoin value is getting low.

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natalagerman95
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April 06, 2018, 12:13:33 PM
 #1279

It seems to me that bitcoin will not cease to buy because such things as bitcoin have a future for themselves and everyone understands that it is convenient and promising.
Gondwanaland
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April 06, 2018, 12:14:00 PM
 #1280

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 the bitcoin will decrease. The value of it will loss. The demand of it will increase and it may lead into zero which the people will stop depending on bitcoin because they will not have a profit and benefit that can get.

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