shunga
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February 16, 2018, 04:04:49 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.
for me if people stop buying bitcoin, i think bitcoin is useless and most of all will become priceless. and I think it will affect the crytocurrency of bitcoin, it will create a problem to the seller because of lack of buyer and no one can earn a good profit if will happen so it's better not. |
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Diacris
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February 16, 2018, 04:14:01 PM |
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In my opinion, this won't happen. First of all because Bitcoin is getting adopted day by day, weak hands are shaken out from the market so Bitcoin price (not value) is more appealing and not overvalued due to people's greed, which investments aren't backed by any biased.
The second reason, those that take advantage the most from Bitcoin are retailers and big players, either companies, E-Commerces or freelancers.
Third reason, is hard to pay your bills with Bitcoin, but most likely you can live off Bitcoin alone (even without cashing out the money into your bank account).
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rappydoo
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February 16, 2018, 04:17:49 PM |
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nothing will happen to bitcoin, bitcoin is here to stay regardless its adapted or not. theres a very powerful technology behind bitcoin.
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Vin183~
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February 16, 2018, 04:24:39 PM |
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People stop buy.btc if. Btc price go down until 0
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rippar
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February 16, 2018, 04:25:26 PM |
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It is unlikely that people will stop buying bitcoin, but their interest in it will become lower. Now people pay attention to a more technological cryptocurrency, which has a real use like Ether. So i guess that the days of bitcoin domination are numbered. It will be bought by people, but only in small quantities.
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Kahoy01
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February 16, 2018, 04:39:32 PM |
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It is very unlikely to happen but suppose that this does happen for argument reasons, as long as circulatiom of bitcoins is still going on I don't think bitcoin would "die." The value would suffer losses but it would jot reach the point of death in my opinion, although bitcoin is highly unstable there is a powerful technology behind it that protects bitcoin from these worse-case scenarios. I don't believe bitcoin would go to the point of death in the market. It would only suffer losses.
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kuyaJ
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February 16, 2018, 04:46:52 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.
Upcourse it will lose the value of coin and when it could not circulate. Every coin can make the future new and a litte bit coin can change everything. When there has no supply, the coin must not use or it could be died. |
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kidduy94
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February 16, 2018, 04:51:42 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 don't think it will happens. Basically, I suggest you take a long and hard look at why you’ve got Bitcoin in your wallet. Do you intend to make use of it, or are you just letting it stagnate, waiting for the value to rise like the rest of the market? |
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angelakrasnova
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February 16, 2018, 05:11:26 PM |
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If people stop buying bitcoins, then the rate will drop, and buy it at a lower price, but the question is: will it be then then acutely?
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cake101
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Get your share of the future!
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February 16, 2018, 05:55:44 PM |
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BITCOIN only has its value because people believe that it is worth something. IF and only IF people stop buying bitcoin means that bitcoin's value will be lost. Its like 'supply and demand' based. Once the demand stops, the supply (bitcoin) will fade/disappear.
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Crystacool
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February 16, 2018, 06:03:59 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 stop buying bitcoins, then bitcoin is not in circulation, and its value is not reflected. Its value will get lower and lower and eventually die. But I don't think it will happen, and more and more people are buying it now. |
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crypto_sagor
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February 16, 2018, 06:33:17 PM |
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I do not think people will act like a fool? I believe that Bitcoin will reign in one day. So Why would people stop purchasing Bitcoin?
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moetimas
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February 16, 2018, 06:36:12 PM |
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it is not that easy to make bitcoin die, because the current supply is still available and still mined. after all, bitcoin is still a reference for altcoin, and if bitcoin stops purchased there will be no increase in the price, and this will have a negative impact on altcoin. it is true, everything must be nothing immortal, but I do not think this is the time to discuss the end of bitcoin story, because there are many investors and other users who still survive with bitcoin.
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siddu1
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February 16, 2018, 06:45:45 PM |
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It will never happened that people will stop buying Bitcoin. because Bitcoin has already made its future by itself. now it is impossible that are you thinking. after all if you think that people will stop buying Bitcoin then Bitcoin will be destroyed but I do not think that people will stop buying bitcoin.
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cryptoalfs76
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February 18, 2018, 02:44:04 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,bitcoin the exchange market of cryptocurrency will become die and no more investor will longer buying and selling bitcoin,because it's not now become profitable,but thats only a theory no probable cause that people stop buying a bitcoin,because as far as i know now many people of the whole world embrace bitcoin,because they think bitcoin is the answer of there dreams to have a profits thats why many investor will join now in this world of cryptocurrency. |
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Sar elok
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February 18, 2018, 02:53:02 AM |
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If people stop buying bitcoin, this will be the end of the bitcoin. People will sell all of the bitcoin they have though with the lowest value.
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uchiikina14
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February 18, 2018, 12:47:50 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.
[/quote/]
If people will stop buying bitcoin it will be not usable anymore and it will not be on the market anymore, because if there will be no investore buying btc the value of the btc will go to 0$ and it will not be profitable anymore. Btc will also loose it circulation. But for me it will not happen because btc is in demand in the market now and many people use and believe in btc, also many people are earning big from btc. |
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klim80
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February 18, 2018, 01:40:02 PM |
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I don't think so, people would never stop buying bitcoin because it is it the main income for some people. But If by any chance people stop buying bitcoin, it will crash.
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keanne_isaac
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February 18, 2018, 01:40:37 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.
Would that be impossible to happen maybe if people getting less interest to crypto currency probably price would drop significantly. if less demand for sure price will goes down and it occasionally happen during bear market. but for your question if it is possible to people stop selling its impossible to happen. |
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Mrsun78
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February 18, 2018, 02:00:38 PM |
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since it is a decentralized organism, if people stop buying bitcoin, it will start falling immediately. transaction, demand and supply are the main drivers like other official currencies.
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