BUK2016
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October 31, 2017, 11:38:43 PM |
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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 for such a thing to happen there must have been some thing extraordinary will happen to people's minds before they could say they could say that no longer meet Bitcoin.
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planewhat
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October 31, 2017, 11:38:48 PM |
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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.
This won't happen, as people will continue to buy it no matter what, but if it did then it would become worthless. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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Alns
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October 31, 2017, 11:42:16 PM |
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There are a lot of bitcoins in circulation and most of them are being holded by those who bought them, and there is no way that they could stop being bought because it is impossible. Just think about it, gold has never been freezed without any buyers, because it is an asset. Maybe you mean "what happens if bitcoin stops being mined", then the answer will almost be the same; nothing, because all bitcoins will stop being mineable after the year 2120 .
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thet
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elysian.finance
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October 31, 2017, 11:49:09 PM |
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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.
Maybe, bitcoin will eventually comes to an end but for me, it is impossible to happen a lot of people value their bitcoin too much and i am also find it very important because i earn thru bitcoin just like others. A lot of people are earning thru buying and selling BTC so theres no chance that it may happen.
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bololord
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November 01, 2017, 12:39:06 AM |
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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 don't think so but if people stop buying and stop investing in bitcoin maybe the bitcoin will collapse but it will never happen because as far as now bitcoin is totally increasing and increasing so ithink many people always buy bitcoin.
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Yarsk
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November 01, 2017, 12:50:09 AM |
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All thou it is good to ask some unforeseen questions some time despite the fact that it might never happen. But the first step you should have taken is to ask what is can bitcoin loose it value at once, or can the market reject bitcoin at once this are pressing questions that need a serious answer. Because I don't think every one involve in bitcoin will suddenly want to reject bitcoin at once and paraventure that happen then bitcoin will loose it value to $0 and that could be the end of it all.
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Aba
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November 01, 2017, 01:16:12 AM |
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If people stop buy bitcoin then bitcoin becomes worthless and nobody else invests in bitcoin. Currently an event like this has actually happened to some failing cyrtocurrency, there is no demands for cryptocurrency, so that make such cryptocurrency worthless.
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rcoins0720
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November 01, 2017, 01:22:58 AM |
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obviously the price will drop also it is law of supply and demand but It is not gonna happen because bitcoin now is strong and the price is high who would people stop using bitcoin right??
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Latviand
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November 01, 2017, 01:27:00 AM |
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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.
First of all its impossible for now that the bitcoin will end because we know that the price of bitcoin is expensive so many people who used it.and you must know the law of supply and demand before you go to bitcoin because bitcoin is part of economics now.but if that happen( i wish that can't happen) then it is really to end because there's no one will used the bitcoin
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silent17
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November 01, 2017, 01:39:55 AM |
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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 guess that bitcoin value will be the same at it is now, It will be stuck like that forever if people will just stock their bitcoin but if people started trading them to a different currency then I'm guessing that the price of bitcoin go down and down until it reaches the bottom. And I hope that it will not happen.
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Choii
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November 01, 2017, 02:15:39 AM |
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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 don't think so,( and i wish can't happen ) but if will happen the value of bitcoin is going lower and cheaper and it's posible the bitcoin was gone because bitcoin was depend of law of supply and demand. obviously the price will drop also it is law of supply and demand but It is not gonna happen because bitcoin now is strong and the price is high who would people stop using bitcoin right??
Yes i agree with you it's gonna happen, because many people believe in bitcoin that's why almost all investor invest in bitcoin and that's the reason why the value was getting higher and many people use to it.
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jseverson
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November 01, 2017, 02:29:04 AM |
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Well, we know that Bitcoin's value is dictated pretty much only by supply and demand. The scenario you illustrated typically says there's a massive amount of supply with people wanting to sell, and zero demand with no one wanting to buy. Basic economics say that Bitcoin's value will plummet, possibly even to zero thanks to completely zero demand.
That being said, this will never happen. Bitcoin is already far too large and far too valuable. Its price can drop, but I honestly don't see it having no value at this point.
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artemiy
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November 01, 2017, 02:31:07 AM |
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It would be the end for bitcoin for sure, because the demand would be 0$
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Ararbermas
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November 01, 2017, 02:32:52 AM |
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If people stop buy bitcoin then bitcoin becomes worthless and nobody else invests in bitcoin. Currently an event like this has actually happened to some failing cyrtocurrency, there is no demands for cryptocurrency, so that make such cryptocurrency worthless.
thats right if no one will use bitcoin . I think that is the end of bitcoin like you said there will be no demand that can make bitcoin value so expensive.and if that time happen. bitcoin is worthless I think we need to find another currency that help us to make more profit like bitcoin does. But impossible to happened i think because of its high demand now adyas.
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monkeydominicorobin
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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
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November 01, 2017, 02:33:22 AM |
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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 will happen to the stockmarket if nobody buys shares of stock? What will happen to gold market if nobody buys gold.What will happen to the United States if nobody buys their sovereign bonds? What will happen to the milk industry if nobody buys milk? What will happen to the Facebook if nobody uses it? What will happen to Google if nobody uses their search engine? What will happen to youtube if nobody uploads new videos? These are more dangerous question than the one which you crafted. Of course I will buy all the Bitcoin should that thing ever happen. Period.
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cipher-x_09
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November 01, 2017, 02:35:25 AM |
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Bitcoin will eventually head towards its end because of no consumer leads to no business at all no people reacting or getting towards would lead to no transactions from mining, no more signature campaigns because there are no people hyped into bitcoin, end of the ICO. So in mybpredictions it will be the start of its downfall so lets hope it doesn't happen.
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Malamok101
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November 01, 2017, 02:41:19 AM |
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when a lot of people stop buying bitcoin, it's a little bit pricey and losing bitcoin because many investors are buying bitcoin so every day bitcoin also increases the price of bitcoin so lage has to be bought and bitcoin should support lacquer to increase this and not losing much because altcoins depend on the bitcoin change so when increasing numbers of investors will also increase the bitcoin.
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Mpamaegbu
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Crypto Casino and Sportsbook
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November 01, 2017, 03:04:56 AM |
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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.
Lol...Go ask China this and see what answer you get. This won't happen except there is a global ban on Bitcoin. Humans aren't homogeneous in thinking and won't feel and act the same way at the same time.
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Hallmader
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November 01, 2017, 03:07:24 AM |
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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 stop buying bitcoin, that would be the end of everything. The entire Bitcoin market will come crashing down to the ground. Can you imagine a scenario where someone is trying to sell something that people do not want? That something he is selling will be of no value and he would eventually throw it away. That will be what happens to bitcoin is ever the situation you are thinking will occur. But I don't think it will ever happen.
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whoisyourking
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November 01, 2017, 05:51:58 AM |
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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's happen bitcoin will be forgotten for ever. Why people will stop buying bitcoin? there are some reason why people will stop buying bitcoin like if the government announce that bitcoin is illegal or if government will banned bitcoin worldwide this will be the reason to stop us from buying bitcoin..
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