Bitcoin Forum
May 14, 2024, 02:51:03 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 »
  Print  
Author Topic: If people stop buying bitcoin  (Read 7153 times)
online73
Full Member
***
Offline Offline

Activity: 644
Merit: 101


Ecowatt.io


View Profile
February 15, 2018, 11:52:36 PM
 #601

If people stop buying bitcoin, the price will start to go down, and everyone will have a chance to buy Bitcoin at a super price. I'm sneering ... But the law of the market is such, the asset either is bought or sold - there is no other. I hardly believe in such an outcome.
My answer is simple - then they will start buying something else. Although, a very dubious definition. Why buy Bitcoin? Because it is a carrier of advanced technology, because for several years its price soared from $ 1 to $ 20,000 and at the moment it's digital gold. You can buy any digital coin for Bitcoin. In general, many of us just start to get into taste when buying Bitcoin - and you already assume that there will be a time when Bitcoin will stop buying, I think such assumptions will be considered by our descendants
1715698263
Hero Member
*
Offline Offline

Posts: 1715698263

View Profile Personal Message (Offline)

Ignore
1715698263
Reply with quote  #2

1715698263
Report to moderator
1715698263
Hero Member
*
Offline Offline

Posts: 1715698263

View Profile Personal Message (Offline)

Ignore
1715698263
Reply with quote  #2

1715698263
Report to moderator
1715698263
Hero Member
*
Offline Offline

Posts: 1715698263

View Profile Personal Message (Offline)

Ignore
1715698263
Reply with quote  #2

1715698263
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
connexus
Hero Member
*****
Offline Offline

Activity: 774
Merit: 503


View Profile
February 16, 2018, 12:52:50 AM
 #602

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.

Being realistic if no one will buy bitcoin its value will become zero or no value at all and even how many bitcoin you have on your wallet that will only be a trash because you cannot use it in any transactions. And if investors decided to sell their bitcoin no one will gonna buy it anymore because it has no value.
RheamaeElbanbuena
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
February 16, 2018, 01:02:59 AM
 #603

Because of bitcoin drops, many lost in bitcoin buying so they stopped and suffered no longer buying bitcoin and they were waiting for the bitcoin to rise again
copypaper5
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
February 16, 2018, 01:03:51 AM
 #604

If there are still many enthusiasts for bitcoin, I think people are still bought, it is unlikely this bitcoin does not sell, because investment in bitcoin is very profitable. To get to the value 0 is not possible.
Serdaldal
Jr. Member
*
Offline Offline

Activity: 39
Merit: 2


View Profile
February 16, 2018, 01:04:35 AM
 #605

İf bitcoin is falling and stop that low increase. İts because people are stop investing to the alternative coins.

╔═██|   investaco.in   |██═════  Pre ICO : May 1st, 2018  ═╗
╚  JOIN THE NEW BREED WHO WILL INHERIT THE DIGITAL EARTH!  ╝
LorenoCoin
Member
**
Offline Offline

Activity: 293
Merit: 11

Eros Di Caeli


View Profile
February 16, 2018, 01:12:05 AM
 #606

I really doubt that this happens, but seeing it differently if people stopped buying, it is logical that the value of bitcoin would go down a lot, however, it would not go down so much that people will stop being interested, sooner or later they will return, it is also possible that bitcoin in the future will be used for other things.
nyong
Newbie
*
Offline Offline

Activity: 213
Merit: 0


View Profile
February 16, 2018, 03:07:15 AM
 #607

I wish it will not happen, because it will very influential to bitcoin
if people stop buying bitcoin, so bitcoin price can down again, we can't sell bitcoin and bitcoin will end
gates
Member
**
Offline Offline

Activity: 167
Merit: 10

Revolutionising KYC Services


View Profile
February 16, 2018, 02:13:53 PM
 #608

I hope it will not happen. Buying bitcoin is still quite profitable, value is very big. If people stop buying bitcoin, it's price will fall pretty low and the rest cryptos will fall as well, it looks like a disaster.

currencydesigner
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
February 16, 2018, 02:17:54 PM
 #609

I don't think it will happens. Still demand is high and will be high too as day by day more people know bitcoin and its potential. people will still buy bitcoin, because the high profit for long term.
Bosx1ne
Full Member
***
Offline Offline

Activity: 540
Merit: 100



View Profile
February 16, 2018, 02:29:44 PM
 #610

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 is obvious that the bitcoin will lose its value. The reason why the bitcoin is becoming more valuable is because the people are still buying bitcoins. The value of the bitcoin is depends on its users.

klebsiella
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
February 16, 2018, 02:44:09 PM
 #611

Law of supply and demand still applies. No demand, the item becomes good for nothing. In that case, bitcoins value would be nothing, zero. But I don't think it would happen. Despite the huge drop recently it will still survive the crash.

CORNUCOPIA    || Gain Access to Amazing IPOs || [ Pre-Ico 2018 ]
          
Whitepaper    Facebook TwitterTelegram
Hypnosis00
Sr. Member
****
Offline Offline

Activity: 2352
Merit: 339



View Profile
February 16, 2018, 03:04:00 PM
 #612

If the people will stop buying bitcoin then there will be no demand that will support the price to stay at the certain price point and it will just make the market goes red because people will just sell their bitcoin before the whole population of people stop buying bitcoin because they don't want to lose their profit in bitcoin.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
thenameisjay
Full Member
***
Offline Offline

Activity: 462
Merit: 100



View Profile
February 16, 2018, 03:11:48 PM
 #613

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, then pricez of bitcoins will plummet until someone buys them at a super cheap price like <$1. If that happens, no one will sell anymore. Bitcoin support will die and eventually bitcoins will die in the process. Alt coins will take over the market when bitcoin dies.

               ♦      GΞMΞRA      ♦     Crypto-Token Backed by Colombian Emeralds     [  WHITEPAPER  ]               
     ▬▬▬    PRE-SALE  ▶  Sep 10th - Oct 24th     JOIN NOW & get 20% BONUS!    ▬▬▬     
♦          TELEGRAM        TWITTER        FACEBOOK        YOUTUBE         MEDIUM         GITHUB         LINKEDIN          ♦
Gabriellefull
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
February 16, 2018, 03:30:43 PM
 #614

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 do not buy bitcoin, then bitcoin loses its liquidity, its value will not be reflected, and the value of bitcoin will become lower and lower and eventually die. But I don't think it will happen.
Estreal
Jr. Member
*
Offline Offline

Activity: 57
Merit: 2


View Profile
February 16, 2018, 03:32:59 PM
 #615

The word "if", poses another question which is " why would people stop buying Bitcoin",just trying to see situations that could call for people not buying Bitcoin.Some factors could warrant buying  to drop to a certain level but not a complete scenario of people not buying.
echo11
Member
**
Offline Offline

Activity: 188
Merit: 12


View Profile
February 16, 2018, 03:37:38 PM
 #616

I've been thinking about this.  If people stop buying Bitcoin but others cash in then I think the price will go down.  But if it's mostly those traders buying and selling every day then the price won't go up much or down.  And then the folk holding will lose out as everything will stay the same.  If people buy and hold then the price will go up.  So I suppose  that is best for a good profit. 
ganjarkusumah1
Newbie
*
Offline Offline

Activity: 108
Merit: 0


View Profile WWW
February 16, 2018, 03:42:00 PM
 #617

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 is emerging technology, it has clear roadmap and solid dev team that make it impossible no one will not buying it.
Next big thing is Lightning network which will fix the scalability and I believe this value will make it go to the moon.

I think ppl will stop buying bitcoin if the development stuck and stopped. No more usage of this coin and the price will jump to the the ground.
Falgorn
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile
February 16, 2018, 03:55:33 PM
 #618

The current market of bitcoins is extremely volatile. Fear, uncertainty and doubts all too often emerge in the community of miners. If they even have a hint that bitcoins can become illegal, that they can be hacked, infected with a virus or somehow damaged the system, the price will fall catastrophically, because people in a panic will want to sell them as much as possible.
Marucya
Full Member
***
Offline Offline

Activity: 258
Merit: 100



View Profile
February 16, 2018, 03:57:25 PM
 #619

People will sell bitcoins without hesitation if they lose faith in them. Having no clear idea of ​​where Bitcoin is heading, investors can not count on anything and believe in anything. Many people were rewarded for the early investment in "cue ball", but the future is too vague.
G00DFe77a
Jr. Member
*
Offline Offline

Activity: 55
Merit: 6


View Profile
February 16, 2018, 04:00:06 PM
 #620

Bitcoin will end up being the digital version of gold.

Your Ad Goes Here
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!