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Author Topic: If people stop buying bitcoin  (Read 7153 times)
kenkoy
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November 01, 2017, 12:40:11 PM
 #61

Law of supply and demand.  if no one is buying,  then the demand will be low and the price will go downwards.  That is why we need to push that Bitcoin be used a mode of payment in merchants like fiat so the demand and supply will be stable

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noormcs5
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November 01, 2017, 12:52:07 PM
 #62

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.

Definitely it will not a good sign, if people stop buying the bitcoin. But now the situation is opposite, people demand more and more and now only 1 bitcoin within 2 week give us $1000 profit. So it is hard to think that people will be stopped to buying the bitcoin. But when bitcoin will out of range price like $15000 or $20000 then it is not easy for everyone to buy bitcoin easily.

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November 01, 2017, 01:28:34 PM
 #63

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.

Then bitcoins will die. Since bitcoin is just driven by supply and demand, then killing demand would lead to it dying. This is liken to those cryptocurrencies that are dead coins already because there are thousands and thousands of sell orders and no one wants to buy it even at 1 satoshi. I guess, it is possible but the chances are little unless bitcoin code is compromised and no action was taken to fix the problem.
keeee
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November 01, 2017, 01:33:40 PM
 #64

If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.
Exactly bitcoin remain because there is a demand, but if there is no demand then it will results to a drop of its price until it reaches 0$ but I think that wont happen. Why did I say? Simply because bitcoin was just now in a devoloping and growing part of it. Bitcoin gives more profit and changes ones life. It is very useful now so I think people wont stop buying it.

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November 01, 2017, 01:38:30 PM
 #65

if people stop buying bitcoin then it will be final.
Rasel5209
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November 01, 2017, 01:45:25 PM
 #66

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 I say it not possible. I saw many alt coin damage I find  why? other many coin have other other exchanger but her trading volume is low. after a time this coin is end. if don't have any investor this coin is end after a time. so I tell if don't buy bitcoin any people bitcoin can be end.


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FabZel
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November 01, 2017, 01:47:50 PM
 #67

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.

There are different reasons on why people will stop buying bitcoin. Maybe BTC money is getting low or etc.

When people stop buying the bitcoin, the demand is getting, thus, the supply also. If the demand is getting lower, the bitcoin may end its' journey but I think this will never happen because every day, more people are joining here in bitcoin.
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November 01, 2017, 01:56:23 PM
 #68

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 never be increase as many company today they implementing bitcoin in their company and investment is very good to start bitcoin and will never be unstable it will be stable bitcoin will never known as the expensive currency its digital its using from net but they will increase the price of it
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November 01, 2017, 01:56:35 PM
 #69

what stop buy?? when bitcoin price raise up, up and up again. that imposible
people will still buy bitcoin, because the high profit for long term, future investation

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November 01, 2017, 01:58:35 PM
 #70

if people stop bitcoins then the price of bitcoins will automatically goes down, its the direct relation in economies if the demand of something is high its price become high and if is negative then it will be reverse.
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November 01, 2017, 02:03:20 PM
 #71

if it happened, there would not have been interests of people upon bitcoin. and of course it will give dumb impact on bitcoin itself. if there are not people who leave bitcoin, it will be said as bankrupt. but I hope it does not happen and will not happen.
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November 01, 2017, 02:04:00 PM
 #72

May be it really impossible it depends on the price of bitcoin.actually bitcoin price not stable,bitcoin buy may be postponed but no the end.this is good investment.
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November 01, 2017, 02:05:12 PM
 #73

i dont think if what the reason people to stop buying bitcoin but if it thats happen maybe the price of altcoin become higher and ethereum replace bitcoin...
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November 01, 2017, 02:05:49 PM
 #74

If people stop buying bitcoin means that the world no longer interested in bitcoin, bitcoin will die. No market demand, it will unnecessary goods.
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November 01, 2017, 02:08:49 PM
 #75

The Currency is the medium which buyers and sellers communicate. SO there needs to be buyers as well as Sellers. There may come a certain point that the buyers may reduce. (Due to price is very high) but this will not make buyers = 0. SO your question is little bit unrealistic. If that is there will be a big issue to the people who has bought bitcoin. They wont able to sell it. They have this huge asset which is worth less because they can not liquidate it.
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November 01, 2017, 02:14:20 PM
 #76

if people have started to stop buying bitcoin, maybe this will be the end of us in cripto curenshi world. because bitcoin is the source of all altecoin.
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November 01, 2017, 02:15:11 PM
 #77

It can not happen, and don't fantasize,Bitcoin is getting popular, it will never fall I'm sure of it.Instead of asking such questions,Better to buy as much bitcoin as possible because the price will go crazy.

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November 01, 2017, 02:25:52 PM
 #78

It can not happen, and don't fantasize,Bitcoin is getting popular, it will never fall I'm sure of it.Instead of asking such questions,Better to buy as much bitcoin as possible because the price will go crazy.

I do not think so. Bitcoins have grown up and people have noticed that you can get rich by this. They buy, sell and sell. This is the market. Only fools do not want to get rich in such a simple way.
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November 01, 2017, 02:26:53 PM
 #79

The price would fall dramatically and if everyone stopped buying it then it would be worthless. It's only worth so much due to the demand that the news has created.

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November 01, 2017, 02:29:10 PM
 #80

That is impossible to happen.As of now Bitcoin is hitting a high peak of its value more than what we are expecting and the demand for this is very high too.Though some instances it dumps or drop, it doesn't mean that it looses its value.Everybody knows its big potential and its useful as a digital currency.

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