kitkat04
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January 29, 2018, 11:40:58 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.
Bitcoin price depends on the investors and users of it. It is also based on the demand and supply of the bitcoin in the market and in the community. If the people stop buying of using the bitcoin, then the price of bitcoin will slowly fall down until it reach the 0 point, where its value falls down to zero. The production of bitcoin will stop its production and bitcoin will be pull out in the market and no one will ever use bitcoin again. |
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Kolly
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January 29, 2018, 11:42:41 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 bitcoins it will be down because there will be no users if demand will stop bitcoin goes nothing. |
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AdTraxis
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January 29, 2018, 11:44:30 AM |
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It's difficult for the world to boycott bitcoin like they would ignore certain products. Demand for btc will always surpass supply considering the fact that only 21 million bitcoins will ever be in existence compared to the hundreds of millions of people actively buying. If everyone stopped buying btc (a very unlikely scenario), it will be rendered a useless coin and go back to nil.
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bytomboy1234
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January 29, 2018, 11:50:00 AM |
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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?
It will not happen anymore because people wants to buy more bitcoin if bitcoin price decreased they want to buy again because they know that bitcoin will increase more and they will get more profit so i can predict that after this year or here in 2018 bitcoin eill become more famous. I think it is simple. Every currency is because of its users. If there is no one want to buy bitcoin the bitcoin will die because bitcoin has no value if there no people accept bitcoin as means of payment.But its impossible because many people now a days accepting bitcoin as money and keep buying bitcoin that give great value in bitcoin at the present. |
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ThePresident
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January 29, 2018, 12:05:57 PM |
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Then bitcoin price will depreciate. If people stop buying bitcoin, bitcoin will be dead. Simply no one buys it, but thats not gonna happen, cause bitcoin is the main thing now.
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Momoamzad
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January 29, 2018, 12:16:12 PM |
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It is not possible people will stop buying bitcoin at once. But if it happen than bitcoin will die but I don't think it will happen . wiser will definitely buy bitcoin This question come because of lower price of bitcoin now a days  its normal. It would be raise again. And people are still buying btc. |
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malika
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January 29, 2018, 12:31:03 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.
If the people will stop buying bitcoin it means that the value of bitcoin will end even if you still want to sell your bitcoin on your wallet you cannot sell it because no one will buy it. |
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drfugazi
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January 31, 2018, 11:19:37 PM |
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there are many things that can cause bitcoin to survive to this day, such as increased purchases and mining. if the purchase stops then I think what happens is the bitcoin price will go down and the transaction in the market will decrease
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Tigerheart3026
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January 31, 2018, 11:34:28 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.
if people keep on selling bitcoin or even all holders sell bitcoin and no one buy any amount the price of bitcoin will still remain as it is.as bitcoin value depends on the last transaction of buy or sell. but if that happen then bitcoin will be on a big problem. all we can do is to transfer it on our wallet and exchange it on FIAT with out any exchange involve. like coinbase, it has an squal USD for every bitcoin and you need noone to buy your bitcoin just exchange it. |
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arlington
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January 31, 2018, 11:40:07 PM |
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If such thing happens and there would be a total lost interest on btc than it won`t have any value because it would be just an asset which is devaluated like old paper money of some countries which has not any usage
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thet
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elysian.finance
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January 31, 2018, 11:48:26 PM |
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If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.
True, people get more interested in bitcoin due to some information about it in the social media. It becomes popular and the information about earning with bitcoin is currently spreading in the internet. How can someone stop buying it when they already informed about the use of BTC. |
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ashlyvash00
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January 31, 2018, 11:57:29 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.
I thunkif people stop buying bitcoin.the price of bitcoin will always go down and it will dump i think also altcoin will also down.I dont know but it seen all altcoin following bitcoin market.When bitcoin rise same as altcoin but bitcoin down altcoin down |
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layoutph
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January 31, 2018, 11:58:51 PM |
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They wont stop, infact many new big players in the stockmarket, forex field are entering the crypto currency bandwagon. This will push crypto in the next level. Expect bigger market in 2018 and 2019. 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.
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Panda_Pendek
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February 01, 2018, 01:07:45 PM |
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If people stop buying Bitcoin. If such a thing happens, of course the bitcoin can not be used as it should be now, and certainly the price from day to day will go down, up to $ 0.
But I think by looking at the development in the world of cryptokurensi very rapidly, the more days peminat and other alternative coins increasingly increasing it (People stop using bitcoin) will never happen. Because from the beginning bitcoin exists, bitcoin as the parent of the circulating coins, of which he is ranked first. Therefore it is very much and more and more people who want to get and use it. And bitcoin will never die
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bitllionaire
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February 01, 2018, 01:18:35 PM |
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If people stop buying Bitcoin. If such a thing happens, of course the bitcoin can not be used as it should be now, and certainly the price from day to day will go down, up to $ 0.
But I think by looking at the development in the world of cryptokurensi very rapidly, the more days peminat and other alternative coins increasingly increasing it (People stop using bitcoin) will never happen. Because from the beginning bitcoin exists, bitcoin as the parent of the circulating coins, of which he is ranked first. Therefore it is very much and more and more people who want to get and use it. And bitcoin will never die
Very honestly it may not ever happen, because bitcoin is in very early stage and therefore it will continue to be use by the people for a long long time, in fact the use of bitcoin is increasing from time to time because more people are entering in the world of bitcoin and therefore the bitcoin users are increasing from time to time. I am am sure that the use of bitcoin will continue for a long long time and even with the passage of time its usage will continue increasing. |
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mitchel_am
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February 01, 2018, 01:21:47 PM |
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I don't see how this could ever happen. It's impossible that thousands of people to decide to stop buying bitcoin. It can not go to $0
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sunita01
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February 01, 2018, 01:29:09 PM |
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It is impossible that people stop purchasing bitcoin, bitcoin has become an integral part of business. Just as a part of the body can not be separated, so can not remove yourself from bitcoin. People will not buy bitcoin too, bitcoin will grow as well.
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Krispin47
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February 01, 2018, 01:30:37 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.
I agree I don't think it will ever happen realistically, but there's a difference between buying it and using it, so a person who owns an amount of it will probably avoid using or "spending" it if he believes it will continue to increase in value. Why spend an asset that is increasing in value when you can spend a fiat currency that will only depreciate in value? and thats all |
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November11
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February 01, 2018, 01:33:40 PM |
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Even if people and people stop buying bitkoyn and participate in crypto trading, this is already in the intentions of the STATE and entire structures. The whole situation does not depend on individuals. mechanics has already been launched in my opinion!
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BlackRacerX
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February 01, 2018, 01:36:19 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.
If people stopped buying bitcoins, circulation of bitcoins will be cutoff and I guess bitcoins won't reach the places it will be reaching like some wallet of a bitcoin millionaire. Support will stop and then eventually bitcoins will lose value. The market for bitcoins will freeze and somehow fail because of the lack of support from the investors. |
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