If people stop buying bitcoin

[Ralphson]

The higher the demand of a commodity,the higher the price of the commodity and the lower the demand of a commodity,the lower the price of the commodity..the increase in the price of bitcoin is the constant demand for it..it has a total supply of 21 million which will be very scarce soon..the population of the world in relation to the total supply of bictoin is greater hence making it scarce..this stands to reason that,the moment people stop demanding for it,it loses it value..if total demand decreases,the value also decreases overtime and eventually fall drastically..but we all hoping that doesnt take place

[keping1]

I think the price will drop drastically because of the absence of sales demand and resulting in many sales demands.

[markleal]

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.

Hi there shamzblueworld , I deduce that would not happen unless there are bitcoin were wiped out in the whole blockchain structure. As I see people, even not in the cryptographic cash circumstance, people tend to buy and offer things that look good. Nevertheless, let say the circumstance you state works out of course. The main thing that will happen is that cost will tumble beginning from the most punctual stage make bitcoin regard so little that people won't much endeavor to use them any more. In any case, I assume that circumstance wont work out.

[siddu1]

I do not think that people will ever stop bitcoin as bitcoin is the most valuable crypto currency.again when people invest in bitcoin much the price of Bitcoin increases. on the other hand if people stop buying Bitcoin the price of Bitcoin will decrease and if it continues one day Bitcoin will destroyed.

[Marine8]

For people to just stop buying bitcoin at once, i dont think that will happen.But if indeed it did happened, then something might have triggered that response. Even with that, it will take a long time for them to stop completely. But if people stop buying, i will continue buying.lol

[popoyuyun]

Bitcoin price will go down because it all depends on the supply and demand. If people stop buying bitcoin suddenly, then it will result in an increase in supply.But this even is unlikely to happen to bitcoin

[ikiscream]

If people stop buying bitcoin there will be no bitcoin value and it can be announced that bitcoin is dead.bitcoin prices will drop drastically but not to zero as there are still a handful of very loyal bagholders. If the government succeeds and starts using their own e-fiat then bitcoin will be at the forefront of the converting benchmark.

[rolls89]

Why the question arises?Why would people and so many at the same time stop buying Bitcoin.In any case if that occurs,Bitcoin might burst out.

[musta5a]

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.

the price would go down until someone would have bought it. But this scenario is impossible. Unless there would be something with the network, so it becomes unusable, then of course noone will buy it.

[paymentbit21]

it will be just horror.

[TiffanyLien23]

I dont think so that people will stop buying bitcoin. Well, there is no any reasonable thing that they will never buy bitcoin. Otherwise if this happen, the price of bitcoin will stuck in some point and will be zero value. But that wont be happen. Therefore, as long as there will be a supply for it, many investors still keep on investing on it.

[Games.Bitcoin]

Well I mean, the price of something is decided by supply and demand if there's no supply and infinite demand it has infinite value, inversely if theres no demand and infinite supply, its worth essentially garbage.

[Arifulislam1010]

 I don't think also that it will be because is the digital gold to be exact on this century in fact if you just hold or reserved it that would be a good asset because the future will lies in to a digital world.

[IsaiahAdam]

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 will not be able to circulate, and its value will not be reflected, which is very bad for bitcoins. It will become worthless and hopefully it won't happen.

[Georgi99]

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 do not think that people will stop buying bitcoin, because everyone only talks about it and its long-awaited growth, which will soon surprise us all! But despite this, of course it is worth noting the fact that many other interesting cryptocurrencies appear on the market, and people switch to them because of their growth! But we know bitcoin from and to, sure of it, so do not think that the demand for bitcoin will fall!

[Cofee mix]

If investors stop buying bitcoin or people stop buying bitcoin, maybe bitcoin will not be worth anymore and maybe bitcoin will go extinct and just name it, which is known as the most expensive digita currency in the world, it is certain because that makes up and down the bitcoin price it depends on peminatnya jikan peminatnya increased bitcoin prices will rise, but if the demand is down the price of bitcoin will also go down.

[Gameroid]

I dont think so that people will stop buying bitcoin. Well, there is no any reasonable thing that they will never buy bitcoin. Otherwise if this happen, the price of bitcoin will stuck in some point and will be zero value. But that wont be happen. Therefore, as long as there will be a supply for it, many investors still keep on investing on it.

Yes in next few decades its not look like possible that people will stop using bitcoin but will increase its uses because of the increasing facilities of bitcoin. Currently bitcoin is in its early stage and in most of the places people cannot use bitcoin for so many purposes and therefore they are using bitcoin for trading purposes, but later on when bitcoin will become so common then people will start using for shopping and for so many other purposes, therefore people will continue buying bitcoin for a long long time.

[Hmei777]

if nobody buys bitcoin then bitcoin will end because the bitcoin it has is useless. people who have bitcoin will get huge losses because their bitcoin no one wants to buy it.
if at this time people have started to decrease to buy bitcoin then bitcoin prices will go down and cheaper.

[arjunmujay]

it is not realistic to see the development of bitcoin from year to year. indeed there may be a decrease in the price of bitcoin diaches to sell some of their bitcoin assets, but no one will stop not to buy bitcoin. and if that happens already make sure the bitcoin price becomes $ 0

[atetess]

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.

Well,  when people will stop buying it,  it will simply because  of the  negative news or happenings in the world.  People will not stop without any reason.  So,  the market will just react from the environment. The market value  will not directly go down to zero level in just an hour or day.