Lorna t
Member
 Offline
Activity: 179
Merit: 10
|
 |
January 12, 2018, 07:15:29 AM |
|
 the price of bitcoin is really down to our joining a supply or demand of its real price .its the only one that holds his bitcoin .so the economy is really down to the consumption of the economics because gold also has a value which will move to all economics .someday I can not say that everyone is buying bitcoin .its self is really good technology in a cryptocurrency .and why we also its value the thruth is that we dictates and the price and its value in the purchase order or not we always remember that the law only supplies and demands everything .
|
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
jhamz03
Member
Offline
Activity: 224
Merit: 10
|
|
January 12, 2018, 01:44:42 PM |
|
If people stop buying bitcoin then that would be the falling of the father of all crypto and theres some other cryptocurrency will rise and overtake its record breaking place. There are so many reason why people stop buying bicoin, one is when bitcoin is not profitable anymore or when its value is down and became worthless.
|
|
|
|
|
sksshopee
Newbie
Offline
Activity: 176
Merit: 0
|
|
January 12, 2018, 02:02:19 PM |
|
If bitcion value is faling very sharply. and other cryptocurrency price high and profit to people then people stop buying bitcion.
|
|
|
|
|
zemb
Member
Offline
Activity: 168
Merit: 11
|
|
January 12, 2018, 02:32:48 PM |
|
If there's no demand in bitcoin the product will die or drop down to zero this is the basic rules of supply and demand.
Bitcoin still the no.1 cryptocurrency all over the year more investor and other country are crazy to this product so I don't see bitcoin price will fall to zero the year 2017 BTC perform an awesome rally the price a climb to $20k
|
|
|
|
|
azalea69
Jr. Member
Offline
Activity: 336
Merit: 1
|
|
January 12, 2018, 02:48:40 PM |
|
It looks like the price will drop dramatically if it happens and Bitcoin is worthless  Yes, I agree if it no longer buys Bitcoin it means Bitcoin already worthless again for everything. But I hope the Bitcoin can be valuable until whenever. |
|
|
|
|
|
shalnark
|
|
January 12, 2018, 02:59:03 PM |
|
If people stop buying Bitcoin. It will reflect that interest in the crypto is no more and crypto loose its shine. But it is not possible.
Well I doubt if the people will stop buying bitcoin because of it is a good and very nice opportunity for everyone to have an additional income, they also believe in the potential of bitcoin day by day. but if such case happens it will happen there a big affect in the digital cryptocurrency world. |
|
|
|
|
|
mysacrifice
|
|
January 12, 2018, 03:03:16 PM |
|
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 dont think that situation will happen to bitcoin simce bitcoin is very strong community. Anyway i think the value of bitcoin will be zero if nobody buy bitcoin. Apparently you are right. The situation doesn't seem like people will be stopping soon but if that happens it can cause panic selling in the market as lack of demand will trigger the sharp price falls. |
|
|
|
|
|
noictib
|
|
January 12, 2018, 04:17:10 PM |
|
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 that it is going to happen at any condition at wide range because everyone knows that what the value of the Bitcoin will be in the future and what is value in the current time and what we should do with the Bitcoin to Ake more and more because Bitcoin is much valueable thing in our money making money and currently that is easy with Bitcoin and another crypto currency . And think if it will happen ( just by consideration) , then I am sure that Bitcoin will dump to zero value because here small rumours can change the price down to 20-30% easily , so if no one will buy then surely price will dump to zero value easily . But hopefully it is impoos even to consider that no one will buy . |
|
|
|
|
elvinson
Newbie
Offline
Activity: 10
Merit: 0
|
|
January 12, 2018, 06:23:16 PM |
|
If people stop buying bitcoin, I think I would be the ultimate buyer and help the market come back to LOL.
|
|
|
|
|
|
usekevin
|
|
January 12, 2018, 06:27:46 PM |
|
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 that it is going to happen at any condition at wide range because everyone knows that what the value of the Bitcoin will be in the future and what is value in the current time and what we should do with the Bitcoin to Ake more and more because Bitcoin is much valueable thing in our money making money and currently that is easy with Bitcoin and another crypto currency . And think if it will happen ( just by consideration) , then I am sure that Bitcoin will dump to zero value because here small rumours can change the price down to 20-30% easily , so if no one will buy then surely price will dump to zero value easily . But hopefully it is impoos even to consider that no one will buy . Ya it's not at all possible to happen. Since the price of bitcoin is increased day to day. Day to day there is Increasing in investors. If it happens the price of bitcoin will start to reduce slowly .If it's continue further, they may be huge price loss of bitcoin. Many people inverse their money in bitcoin, so they won't allow to happen so. |
|
|
|
|
adzino
Copper Member
Hero Member
Offline
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
|
|
January 12, 2018, 07:05:13 PM |
|
Bitcoin does follow some of the basic economic rule. So if no one buys bitcoin that means there is no demand for bitcoin. If there is less demand, the price falls. So with no demand the price will be almost null.
But practically that won't happen unless something very bad happens and bitcoin is deemed useless.
|
|
|
|
|
BountyX
|
|
January 12, 2018, 07:53:09 PM |
|
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?
Yes, the question was not put in a clever way at all. If for some reason people would stop to buy Bitcoins, price would tank, possibly even to zero if no buyers appear as it becomes cheaper. |
|
|
|
ericbrown
Newbie
Offline
Activity: 308
Merit: 0
|
|
January 14, 2018, 11:22:45 PM |
|
Well i don't see that occurring, because Bitcoin is growing everyday, and even if that would occur, there must have been problem somewhere along the line to make people think they no longer need Bitcoin. So people will buy Bitcoin no matter what.
|
|
|
|
|
teejayrichard2
Member
Offline
Activity: 574
Merit: 12
|
|
January 14, 2018, 11:39:43 PM |
|
If people stop buying bitcoin , simply means it will become worthless as no one needs it. Though this is unlikely to occur but if it does then it will be a very terrible experience to all involved in bitcoin business.
|
|
|
|
|
MeongElek
Member
Offline
Activity: 418
Merit: 10
"simply getting the job done"
|
|
January 15, 2018, 01:53:03 PM |
|
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.
Of course bitcoin value will go down, if people stop buying bitcoin. But this should be for obvious reasons, why they stopped buying it. If they stop buying because of the high price conditions, chances are they wait for a low price to buy it. Or maybe there is another reason you think? |
|
|
|
blue_dragon
Full Member
Offline
Activity: 251
Merit: 100
Powered by Artificial Intelligence & Human Experts
|
|
January 15, 2018, 01:56:05 PM |
|
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 bitcoin will stop buying bitcoin then I think the price of it will goes down and it can be the thing that bitcoin will be end. But it is impossible to happen, bitcoin is very famous and bitcoin is being part of the daily life of a bitcoin users. |
|
|
|
reck1ess
Member
Offline
Activity: 350
Merit: 30
|
|
January 15, 2018, 01:58:54 PM |
|
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 ever people stop buying bitcoin and everyone is selling then its value or price will go down, unless people will still be holding. I think it will be still usable because transaction will be back to normal because there will be less people using it. |
|
|
|
Suffoc8
Member
Offline
Activity: 163
Merit: 10
|
|
January 15, 2018, 02:00:11 PM |
|
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 on buying bitcoin the economy of bitcoin will stop and the price of bitcoin will rapidly decreased and its price can be affordable and not very expensive. So people will start again to buy it. |
|
|
|
|
Cointertrade
|
|
January 15, 2018, 02:00:26 PM |
|
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 I think bitcoin oh n will become worthless since people make the bitcoin run. Bitcoin is just like a business or a product of people would no longer patronize it, it will become worthless. But I think this would not happen because bitcoin is worth to invest. |
|
|
|
cryptoama
Newbie
Offline
Activity: 378
Merit: 0
|
|
January 15, 2018, 06:10:26 PM |
|
It is possible for everyone to stop investing in bitcoin all of a sudden. After all, people have invested a lot of money and time into it. If that happens, and that is highly unlikely, the prices will go to $0 since no one would be buying any bitcoin. |
|
|
|
|
|
