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Author Topic: If people stop buying bitcoin  (Read 7153 times)
extremist
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March 08, 2018, 12:07:57 AM
 #821

If that ever happens then I think that the bitcoin price would fall down to zero because the price of the bitcoin depends on the demand, but I don't really think that it would ever happen in our generation but if it ever happens that means that there is some other coin that has surpass bitcoin and taking over the lead.
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Darmanin
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March 08, 2018, 12:22:18 AM
 #822

if people stop buying bitcoin but nobody sells it, it will have no impact.
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March 08, 2018, 12:28:09 AM
 #823

If that ever happens then I think that the bitcoin price would fall down to zero because the price of the bitcoin depends on the demand, but I don't really think that it would ever happen in our generation but if it ever happens that means that there is some other coin that has surpass bitcoin and taking over the lead.
Yes, that is right. Just like everyone already said that the price of Bitcoin will definitely go down and decrease so fast. But unfortunately, that thing will never happen I guess because everyone in the world are racing to buy and collecting Bitcoin for investment and future purpose. Or they just want to take advantage of this new technology of money transaction, and easier transfer. I hope that people will never stop buying Bitcoin and the market will never stop moving. The technology and development of Bitcoin will continue to grow and will never stop as the people will know more about this unique crypto world.
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March 08, 2018, 12:43:40 AM
 #824

Should people actually buy BTC, the price will plummet.
The old principle of supply and demand. There would have to be massive reasons for this case, and I do not currently see these reasons.
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March 08, 2018, 12:46:17 AM
 #825

it will become less value or zero value if many people stop buying bitcoin that affect to the many investor to trade and to invest by using bitcoin.
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March 08, 2018, 03:20:44 AM
 #826

If people will stop buying bitcoin then that might be the time that bitcoin will become worthless, because bitcoins value is depends on the community such as investors and traders. However bitcoin is still on top of all and more potentially than any other cryptocurrency.
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March 08, 2018, 03:47:09 AM
 #827

Bitcoin in itself has zero value.  It is valuable only till it is in demand by the masses.  Higher the demand higher the price of bitcoin lower the demand lower the price will be.  No demand zero will be the price.
A commodity or a service is demanded because of its utility i.e. the facility it is providing to the holders.  Bitcoin has made payments receipts more convenient without national barriers fastness anonymity are  few reasons behind its demand and its cost deciding factor.
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March 08, 2018, 03:53:59 AM
 #828

Much the same as everybody as of now said that the cost of Bitcoin will go down and diminish so quick. Be that as it may, sadly, that thing will never happen I figure in light of the fact that everybody on the planet are dashing to purchase and gathering Bitcoin for speculation and future reason. Or then again they simply need to exploit this new innovation of cash exchange, and simpler exchange. I trust that individuals will buy constantly Bitcoin and the market will move constantly. The innovation and advancement of Bitcoin will proceed to develop and will never stop as the general population will find out about this remarkable crypto world
feny.blackpink
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March 08, 2018, 04:28:46 AM
 #829

if peoples stop buying bitcoin, it means no bitcoin demands.
bitcoin price will be down dramatically. and seems like this is almost impossible to occur.
DexterOscar0
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March 08, 2018, 04:38:08 AM
 #830

IF and only IF people stop buying bitcoin means that bitcoin's value will be lost. 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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March 08, 2018, 04:48:43 AM
 #831

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.

Right now, I don't see any reason why people will stop buying Bitcoin. Today, it's the perfect time to buy. Too many FUD news these days.
Lately, Binance hacked issues also make the whole crypto market down.

gakadem
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March 08, 2018, 05:31:39 AM
 #832

if it happens, then there will be no more sale and purchase of bitcoin.
and people who have already bought bitcoin will not be able to sell their assets.
it means the same as they lose their money.

Jdavid05
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March 08, 2018, 05:38:22 AM
 #833

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 will not buy Bitcoin the price of Bitcoin will drop or no value because no one wants to buy it so it will dump but that is Imposibble there are many Bitcoin users so that will never happens but Im thinking if all of Bitcoin got mined or If Bitcoin removed on top 1 who is the new top 1 coin?
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March 08, 2018, 10:53:27 AM
 #834

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 will not buy Bitcoin the price of Bitcoin will drop or no value because no one wants to buy it so it will dump but that is Imposibble there are many Bitcoin users so that will never happens but Im thinking if all of Bitcoin got mined or If Bitcoin removed on top 1 who is the new top 1 coin?
Well if al btc are mined, then that means that the supply would be fixed already. Ifnthe demand increases, then expect btc to skyrocket. Ot it can also stabilize which is also good since that way, bitcoin can already be used as a full time transactional currency

 
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Ruthless67
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March 08, 2018, 07:52:40 PM
 #835

If people stop taking Bitcoin, Bitcoin can be affected by this on the table, but let's say that an application that spreads throughout the day is impossible, and I think that Bitcoin will continue to do so.
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March 08, 2018, 08:09:52 PM
 #836

I think if people stop buying bitcoin, bitcoin prices will go down. Because no one wants to buy, then people who sell bitcoin will sell their bitcoin at any price. And I think that's also the end of bitcoin. And bitcoin will not be used again as it is now.
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March 10, 2018, 08:56:11 AM
 #837

if peoples stop buying bitcoin, it means no bitcoin demands.
bitcoin price will be down dramatically. and seems like this is almost impossible to occur.

It is not possible mate bitcoin price will never lose the value because people are not going to stop buying bitcoin, they need bitcoin to have good life and the saving for their children so they use to buy and invest high amount of money every month in bitcoin, the increasing price of bitcoin is the sign that people are going to make bitcoin more famous and highly demanded, I can see the bright future of bitcoin through open eyes without any doubt.
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March 10, 2018, 09:12:13 AM
 #838

It is clear that bitcoin course will fall to a minimum, bitcoin creators will try support bitcoin, so bitcoin course at least will kept afloat, but there will be no sense from this if nobody will buy bitcoin. Everything is logical, demand is falling and the price is falling. I think it's just that there will be only bitcoin holders and there will not be new investors, everyone will wait for a good price to sell bitcoins, but this time will cant come.
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March 10, 2018, 09:17:39 AM
 #839

If people stop buying bitcoin. I think bitcoin is no longer important to our lives. It can not help investors make a profit. Its value is 0. Bitcoin will be forgotten and die

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March 10, 2018, 09:25:43 AM
 #840

This is not possible. Bitcoin is now in its development phase. More people will accept Bitcoin, so not everyone will stop buying Bitcoin.
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