If people stop buying bitcoin

[cryptobluemoon]

from last 400 years people still buying gold so as long as people on earth they will buy bitcoin forever

[Washball]

This assumption does not make any sense. Bitcoin is already being recognized in many countries, governments see the potential and would even stimulate cryptocurrencies now.
Anyway, if people stop buying Bitcoin, then maybe the volatility will be lessened. Prices will not go sky high, but there's always the bitcoin community that will keep using bitcoin.

[RAMSHIVDEEPAK]

Bitcoin price depend on the demand of it,basically it is basic rule that demand is proportional to price.If demand is zero then price will go definitely at zero.

[raymondsamillano]

Bitcoin price is going down. Many people are afraid of buying bitcoin. This really affect the over all crypto market. We can easily noticed that with the price fall of bitcoin, other crypto market also affected a lot.

[quocsi]

If this happens this is a very bad thing with bitcoin. People no longer buy the bitcoin and its value will decrease and gradually return to zero. bitcoin will die. Hope this never happens because bitcoin is really good

[Drunkenhorse]

What is the world will stop spinning? Same answer, who knows , maybe it is for the good.

[viarathel]

I guess it will not happen without any cause because what stops bitcoin is worthless ?? and if that happens then the bitcoin price becomes 0 $ and bitcoin will not be worth anymore and Bitcoin is just a story and leave a name to remember.

[ogtejiri]

It is not possible for people to stop buying bitcoin because the demand will keep increasing with time besides more persons are yet to know about but coin...

[Thefrolly]

Each thing's value depends on demand. If people stop buying bitcoins, it will crash soon. As long as there is demand of bitcoin, prices will keep rising.

[Zyborg]

People will stop buying only those things which are invaluable and non profitable but the Cryptocurrency like BTC people wish to have it in their wallets because its very valuable and highly risky and highly returnable thing.Also many people got rich due to this BTC trading.Many people doing trading at regular basis and some doing on part time basis.BTC has changed the entire cypto world,and today millions of people are attracted towards it,because it possesses million of worth for people.So the purpose of narrating all of the above is to clear about the importance of  BTC.As per Economic rule if there is no demand,then the price falls down to very low level and that thing become useless and worthless.So keeping in mind the revolution of BTC in our lives,its impossible to stop trading in BTC.That`s it.

[Marcus Kelly]

Bitcoin miners are paid with a combination of newly issued units of currency and the transaction fees for the transactions the miner includes in the block. The system is designed to initially reward miners with a large amount of newly issued bitcoin, because it started when bitcoin was not worth very much relative to other forms of money. Every four years worth of blocks, the amount of newly issued bitcoin awarded to miners is cut by half. This is how the system guarantees that there will only be 21 million units of currency. Over time, the value of bitcoin goes up, and the system bootstraps itself, steadily shifting the mining incentive away from newly issued bitcoin and toward transaction fees.

Mining difficulty is adjusted totally differently. Every two weeks worth of blocks, mining difficulty is adjusted so that the average time between blocks remains at ten minutes. Difficulty is adjusted either up or down as needed, with limits on how large the change can be. This means that there will always be miners, because as difficulty rises some may drop out, but then when difficulty drops new miners come in. This has resulted in an incredibly strong bitcoin mining ecosystem where competition drives the development of more and more efficient ways of mining bitcoin with as little power as possible. This bitcoin mining ecosystem has been running nonstop since the first block was mined in 2009, and there is no reason to expect it ever to stop.

[Milo Hill]

Let’s not assume everyone stops mining, but let’s say the largest miners who have dedicated warehouses full of miners stop mining. This would cause the network to come to a screeching halt, no blocks would be found until the block difficulty readjusts. This happens every 2 weeks. Bitcoin’s mining algorithm is about guessing random numbers, and hoping you get lucky. The mining difficulty indicates the threshold of a valid magic number. Any number less than the given difficulty is a valid block. Any number larger than the given difficulty is considered an invalid block by Bitcoin’s mining algorithm.

If all large miners were to stop mining, the mining difficulty would decrease (the magic number that determines block validity would actually increase), which means miners can now find a number larger than when large miners were mining and have the block be valid.

[Noelbetty12]

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.

Should nobody else buys bitcoin and with nobody to sell to, I think it is the time when people considers it useless. And before that happens there would be panic selling as everyone else would want to save his or her investments. It is the end of the world scenario for bitcoin. Most economy can be affected as well since there are transactions and stores that transacts using bitcoins.

[adriaymati58]

It depends. If people just stop to buy bitcoin then the price will remain constant. If all the people decide to sell, I don't know what would happen. The question is: to whom are they gonna sell?

[perova93]

Recently, people buy stamps, collect a collection of different toys, then of course people will not stop buying bitcoin, the main passion for their business

[sr32703]

It's common thinks, while nobody buy I mean no demand so, it's will price 0 & bitcoin will ends.

[Kuya Kim]

Each thing's value depends on demand. If people stop buying bitcoins, it will crash soon. As long as there is demand of bitcoin, prices will keep rising.

Yes I agree with this statement. For as long as there is demand from bitcoin users and supporters the there would supply resulting to a stable market. But if people stop buying bitcoin the stability of bitcoin will be affected.

[Neljose]

This is an obvious answer and maybe an unnecessary question.
Is there anything in life that'll do well if nobody wants it? People have to want it and accept it for it to do well.

[Vin183~]

If people stop buying btc so btc will be not survive now we have to introduce btc to.our or other people who.don't btc

[shezu007]

if people stop buying bitcoin then it will decreased the demand of bitcoin in market and as demand is going down then price of bitcoin will automatically start going down and in last if such incident is hold then it will down price of bitcoin to very low. But in reality such possibility of such happening is negligible.