If people stop buying bitcoin

[coinoberg]

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, bitcoins price will go down to 0 and if it continues bitcoin will be gone for sure. So i hope  that will never happen because bitcoin helps me in a lot of things like it gives me a source of income to buy the things that i wanted and needed.

Explained well! IF nobody buys bitcoin then bitcoin price will go down. If you want to trade you need to understand supply and demand balance before you even start to trade.

[Darknight31]

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.

Im not looking forward to this and i will be sad incase this would happen. Because if people stop using bitcoin the price will drop, because the demand for it will be very low and when the demand gets low the worst thing that could happen to bitcoin os to end it's service and to crash down. So i hope people will just continue to use bitcoin.

[twistedvape]

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 that's not possible, because many people need bitcoin for future transactions.

[Casdinyard]

I think only stupid people do not buy Bitcoin. Therefore, you should not care this situation. It won't happen

So true and this is too unrealistic and OP maybe over think things. This will never happen as seeing the price and how people go crazy when bitcoin have pumps snd dumps. Truly bitcoin dominated our currency and even our lives so people won't let bitcoin die or else we just lose this greatest invention in digital world.

[Habakkuk77]

If people stop buying bitcoin the price will get decreased. Because the price of bitcoin depends on the law of demand and law of supply.
 If people stop buying bitcoin the great possibility that the value of bitcoin will decrease. That is why bitcoiners must observe this. This will be surprising problem for bitcoiners if people will stop buying bitcoin.

[blocklancer8]

In my opinion, this is unlikely to happen. Because seen from the many requests to participate in this bitcoin even more advanced. I do not think that negative, I am always optimistic in this bitcoin. There is a causal cause, with many people sure many people will also buy this bitcoin.

[emmanborromeo67]

if people stop buying bitcoin . no more transaction fee because transaction fee is the main purpose to profit a blockchain .

[emanbea1234]

if stop to buy bitcoin, the bitcoin is down and many bitcoinaire is stop the income and the fastransaction of the money is disappeared.

[saif.shaikha]

Bitcoin like everything depends on demand & supply. If more people are buying bitcoin the value will increase and if people stop buying then its value will start falling. We have seen this a lot before whenver there is a negetive news regarding Bitcoin like China banning exchanges or Mt. Gox hack, the value of bitcoin fell sharply due to fear and people stopped buying. Bitcoin value will be susceptible to high fluctuations, so as an invester in Bitcoin, I will pray such a scenario never occurs.

[Rossy Akbar]

I think there are too many reasons to people stop buying btc,  but my question is why it suddenly happen?I don't think you will stop buying a magnificent thing for your future tho,  its clearly convincing. Well,  maybe if there any problem like a bad thing or whatever it could be happens. But as we see right now everything's gonna be alright. Is not gonna happen.

[DonFacundo]

If people stop buying bitcoin, well the price of bitcoin will be $0, but it will not stop the market of cryptocurrencies they are many popular crypto's to invest or to trade like ethereum, litecoin, bitcoincash, Ripple and etc. that has a potentially increase.
 

[shezu007]

If people stop buying bitcoin, well the price of bitcoin will be $0, but it will not stop the market of cryptocurrencies they are many popular crypto's to invest or to trade like ethereum, litecoin, bitcoincash, Ripple and etc. that has a potentially increase.
 

I don't think so that people will stop bitcoin because everyone in this world are trying to earn money and this is easily possible with working with bitcoin and if people stop bitcoin then the bitcoin will go to die because every thing which have no value in market will die after some time.

[LuffyD.Monkey]

I hope it will not happen, maybe when people do not buy bitcoin anymore there must be a reason, maybe the price drops very drastically or else. in my opinion it will not happen.

I also don’t see people getting away from this amazing currency in the coming score at least. Bitcoin is on its way to be the next international currency of the world.

The way bitcoin is increasing in value and as we all know, it is highly expected that bitcoin will reach 7000 dollars and more by the upcoming hard fork of November. The bitcoiner's will be new rich people of the world in the coming years.

[Jafri101]

I think if there will be no requirements by people then its price will go down to zero i guess.If people wont show interest in crypto or bitcoin then it will become useless and so no value for it. But it couldnt happen.

[balakang00]

Well, as the economic fact goes, if the demand goes low so is the supply and if no one is buying bitcoin, it no longer circulate among the business industry of cryptocurrency. With that, it will die and bitcoins that are held by people would be useless. That is what would happen to that 'what if' but it is not the way it will go because bitcoin has went too far and it will not be unsuccessful rather it will reach the top and be accepted worldwide.

[Soranith]

If ever people will stop buying bitcoin and those who hold bitcoin will not sell their bitcoin then the price of bitcoin will steady but I don't think it will happen this way. People will buy and sell bitcoin just like what they are doing with alternative coins.

[Nazmul012]

its really awesome and you can see already cross 7500$.  its true that bitcoin  helps bitcoiner to fight with proverty and overcome financial problem. but  If people stop buying bitcoin then bitcoin will be vanished

[bitctrimor1]

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 agree that there will be no reason for people to "stop" buying bitcoins. Right now, it has been realizing is exponential potential, and therefore, there wouldn't be any means for people to just not continue with using it anymore. Also, the market has many moves toward the use of bitcoin and making it a global player in the international market scene. Thus, it would be highly unlikely for it to happen.

[GorillaDental]

What if people stop drinking milk?  You'd probably need less milk cows. Is it going to happen? Possibly but not likely. I'd suggest the "likeliness" of it happening is the real talking point and I don't think it's likely, at least not at present.

[banut]

If people stop buying bitcoin nothing going to happen. One affected people will be bitcoin minners. Bitcoin will be remain the same and sustain with a standard rate. There will be chance of constant rate will be fixed at that time for temporary cause.