deddod
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November 17, 2017, 01:54:43 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 nobody wants to buy Bitcoin I think that's the end of Bitcoin life. but even more frightening is if nobody sells Bitcoin. maybe you will see the price of Bitcoin very very expensive. I think it might happen because of the limited supply of Bitcoin and the ever-increasing demand.
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Aryadwipanggah
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November 17, 2017, 02:00:59 PM |
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if people stop buying bitcoin, the phenomenon that occurs only there are sellers while the buyer does not exist. a sign of bitcoin will end.
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finlandais
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November 17, 2017, 02:04:07 PM |
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If people will stop buying bitcoin then it will have a negative impact on the price of bitcoin .The price will fall down and the demand will decrease.If the demand will decrease then bitcoin can even came to an end.
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Zubayer
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Working as a Web Developer and Cyber specialist.
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November 17, 2017, 02:04:55 PM |
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If people stop buying bitcoin then bitcoin price will goes down. Because bitcoin price will be high if people buy and sell bitcoin. I think it will not happen because of bitcoin popularity. People can't stop to buying bitcoin.
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hieuho381
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November 17, 2017, 02:05:05 PM |
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I think this is possible in the future because if Bitcoin is no longer a world trend then people will sell Bitcoin more and this will make Bitcoin lose out in the world but I think this can occur in the year 3000
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Anyobsss
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DeFixy.com - The future of Decentralization
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November 17, 2017, 02:08:17 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.
So if people stop buying BTC the demand will drastically drop and with the demand dropping its price will also drop, You can basically say that it is a step towards to its end but with the current state of the bitcoin that " what if" you're talking about will never happen as bitcoin gaining its popularity and starting to be accepted by most people. About how will the market react to it, Of course people will lower the price of the BTC so someone will buy it again.
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supto005
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November 17, 2017, 02:10:57 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.
Bitcoin price depend on demand. I mean buy and sell. If there is no demand of bitcoin than probably the price of btcoin will Zero!!
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JTASSOCIATES
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November 17, 2017, 02:14:07 PM |
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In my point of view if people stop buying bitcoin it wont effect the normal trading or investors also who holding will not affect that much only the bitcoin mining only going to be unproductive so the rate of bitcoin will be stable not going to drop drastically or Hike in the rate wont be expected as of now. So Still bitcoin will exist only with more strong and constant player of cryptocurrency. Bitcoin will never end this is my conclusion point.
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sonic212
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November 17, 2017, 02:24:17 PM |
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That will not happen during the exchange of goods there are always sellers and buyers. Even a worthless shitcoin is still traded because people are looking for ways to make money from it. You can not just make them stop buying even if Bitcoin is known to have a fatal flaw or start being replaced by something else though
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jovs
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November 17, 2017, 02:26:38 PM |
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you can't just ask these "what if" questions without putting a little thought into it! for example why would every single person involved with bitcoin decide "at the same time" to not buy bitcoin anymore at any price?
Technically the scenario you want to happened or for us to imagined is quite impossible. Why? because there is a lot of people that are willing to support bitcoin day by day, and there is a lot of increase for the people who support bitcoin in terms of transactions, investments and trading. People also do believe that bitcoin could serve as a future currency for faster and more reliable transactions.
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liseff3
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November 17, 2017, 02:33:20 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 it happens !. Usually it starts with the bitcoin price drop ( resesi), the prices of bitcoin have been going up for so long that people forget the opposite can happen. And in general, speculation is a dumb thing. Eventually, the prices of these valuable assets gets low enough that people with actual money like you and me perk up and start scooping them up at a discount. profitable investments become cheaper, insanity and speculation is reset, and people actually start living more frugally again. Usually, recessions are caused when a bunch of people lose confidence all at once.
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BitcoinMarketer39
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ADABsSsSsSsSSSsS
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November 17, 2017, 02:34:42 PM |
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I think, That will be the time when bitcoins will slowly going to die because the value will obviously decrease as no one is investing. I believe that this kind of situation will not happen in the future since everyone is hoping for the great future of bitcoins.
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zarados
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November 17, 2017, 02:46:34 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 this truly happen, there will be no more a big demand like nowdays that make bitcoin price was so expensive. And the bitcoin holder would face their risk and must accept that their bitcoin have no longer needed and it's become worthless. All that have a begining surely have an ending.
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Core.BUSTER
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November 17, 2017, 02:53:38 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 think if people stop buying bitcoin the price will dropped and it will become $0 and I hope it would not happen. Furthermore, the price of bitcoin will rapidly goes drop if no one buy bitcoin. Lastly, I hope it would not happen because bitcoin helps me to gain income.
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Fear
aka elbashadodo
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Merit: 100
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November 17, 2017, 03:02:58 PM |
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I think only stupid people do not buy Bitcoin. Therefore, you should not care this situation. It won't happen
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Gumpfire
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November 17, 2017, 03:08:44 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 bitcoin, bitcoins price will go down to 0 and if it continues bitcoin will be gone for sure. So i hope that will never happen because bitcoin helps me in a lot of things like it gives me a source of income to buy the things that i wanted and needed.
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jc89
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November 17, 2017, 03:14:26 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 certainly don't believe this kind of scenario can happen. There will always be more people who will buy rather than sell btc. It's not as if everyone who have btc can have an agreement that they will not buy btc. If you notice, once the value of btc decreases or if there's an instance that it crashes people are racing to buy on a low price ao there's no way will btc lose its value nor will it end or cease. But thinking about it, I think the only thing that will make people to stop buying btc is when the miners stop mining as in not a single miner will mine btc blockchain. That's the time people will start selling but I doubt if they can still sell their coins at all.
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Matimtim
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November 17, 2017, 03:22:08 PM |
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If there is no one want to buy bitcoin the bitcoin will die because bitcoin has no value if there no people accept bitcoin as means of payment.But its impossible because many people now a days accepting bitcoin as money and keep buying bitcoin that give great value in bitcoin at the present.
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alexsamudra
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November 17, 2017, 03:22:33 PM |
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is it true people will stop making bitcoin purchases, is that true? I do not believe in questions like most people, bitcoin is now in our world. Even if there is no Bitcoin, there will be another digital money.
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jikurpa
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November 17, 2017, 10:34:26 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 think people will not stop to buy bitcoin because the profits and investments are so easy and profitable that is my opinion
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