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Author Topic: If people stop buying bitcoin  (Read 7171 times)
bmichael05
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November 20, 2017, 04:44:14 PM
 #261

Weird questions. I can ask directly opposite question: what will be if everebody start buying bitcion? The answer is obvious, the proce will grow up, in my question. But more important question is why everybody will start or stop buying?

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Delarock
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November 22, 2017, 12:57:21 PM
 #262

It was unlikely to happen but if what you are saying came true then basically bitcoin will die because nobody wants to use it ! it was just like other deadcoin out there who have many sell order but no one wants to buy even a single satosh
Colt22
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December 09, 2017, 10:04:20 PM
 #263

if we all stop buying bitcoin  demand will end that may crash bitcoin fast
But it will not ever happen because people are not relying on bitcoin and they have their businesses with bitcoin and if they will not buy bitcoin then they will not be able to run their businesses and they will face a huge lose in their businesses. The fact is that bitcoin will remain in our lives till the end and it will now be the currency of future.
awilliams
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December 09, 2017, 10:07:01 PM
 #264

i dont tink thats possible because if people, btc holders will still having therefore giving them value.....
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December 09, 2017, 10:17:20 PM
 #265

Until and unless government in the country BAN bitcoin, people will not stop buying bitcoin. However even if government BAN bitcoin, its users will find ways and never stop buying. If people stop buying bitcoin then its price may fall down and i believe if bitcoin price is down it becomes worthless. Finally there will be no trust on crypto currencies when the Master of crypto currency bitcoin becomes worthless. But such things never happens to my understanding because government indirectly still like to hold bitcoin and gain profits.
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December 09, 2017, 10:29:56 PM
 #266

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 it's never possible.As the world progresses, people's interest in Bitcoin is growing as much.Bitcoin payments are offered to many big markets.Bitcoin payments are offered to many large markets.There are many people who buy Bitcoin without depositing the bank, for their future.
There is no option that all people stop buying Bitcoin. Bitcoin price rate is too high. Every person is taking interest to invest in Bitcoin. The investors are too happy because of its profitable quality. Bitcoin is the king of all currencies and it may be happened in future that Bitcoin replaced all currencies. Beside of these entire features it looks strange that people stop buy Bitcoin. People are involving in Bitcoin are too much satisfy and happy.
CrypticGambit
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December 09, 2017, 10:47:00 PM
 #267

People will never stop buying bitcoin because it is a gate to buy other currencies which is great for the bitcoin stabillity. I am waiting for 1 trillion market cap of bitcoin. That will remove some volatility

teejayrichard2
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December 09, 2017, 10:50:08 PM
 #268

I doubt if people will stop buying bitcoin because of it's great potential but if such case happens then it will affect a whole lot of things about bitcoin and other crypto currencies.  Let's hope for the best
tanjiran
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December 09, 2017, 10:59:50 PM
 #269

if no one buys bitcoin, it means the demand will decrease. when demand decreases and supply high then price will decrease. usually, after the price drops, many people will go back to buy bitcoin, so it goes on

lepricoin
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December 09, 2017, 11:32:48 PM
 #270

If people stop buying bitcoin, interest in it will disappear, the price will decrease, as with any other product, and vice versa, as the people who buy bitcoin increase.

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December 09, 2017, 11:58:19 PM
 #271

If people stop buying Bitcoin, the price will stagnate. It won't drop, but if people who currently posses BTC start selling it, which will probably happen in that case, then the price would crash to almost nothing.

 
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reinielle26
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December 10, 2017, 12:18:15 AM
 #272

If there's no willing to buy it whether it increases or decreases it's value nothing will change, then it will be the end of bitcoin. Though, I think it is impossible. Smiley
DoublerHunter
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December 10, 2017, 12:25:25 AM
 #273

If people stop buying then there will be no demand in the market and that will just be a idle market because there were no demands that balancing the market so as the supply goes up and the demand goes down then the price of bitcoin will be on a hard dump because the demand was empty and the people are just keep selling.
aljun107
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December 10, 2017, 12:30:49 AM
 #274

I think it will not be really possbile because as I can see,the demands are getting to high.But if that's gonna happen,then it's value will really change its either increase or decrease.But I think one of the possible reason for the bitcoin to end is if the internet in the world will end.

Jafri101
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December 10, 2017, 12:50:32 AM
 #275

I dont think so that its stoppable now. Cant you see its worth these days?? could you ever had beleive that it could go that much high??? people have gone crazy these days for bitcoins.
carlisle1
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December 10, 2017, 12:53:26 AM
 #276

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.

That is an obvious question, there will be less demand, so was the price. I think that is impossible since bitcoin is surviving a lot of years now and even it dumps, people will be taking advantage of that dump and use that to earn a good profit.
but OP asked "what if" so this would be the question to be addressed.for
 me if this things happen the price of bitcoin will suddenly drops because if the
demands becomes so the bitcoin wont be that usable as what he is now,but i
don't think this would happen since bitcoin is the secondary currency for the
transaction now worldwide
zemb
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December 10, 2017, 01:17:16 AM
 #277

I think if people stop bitcoins then the price of bitcoins will automatically go down, its the direct relation in economies if the demand of something is high its price becomes high and if is negative then it will be the reverse.  Shocked
shairblogger
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December 10, 2017, 07:26:50 AM
 #278

If there no one accept bitcoin as means of payment. But its impossible because many peoples now a days accepting bitcoin as money and keep buying bitcoin that give great value in bitcoin at the present.
LordDisick
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December 13, 2017, 04:56:00 AM
 #279

We are not praying for such thing to happen but if it happens there will be a fall in price because it is the level of demand that always propel the price.


You are indeed right. I think the chance of the topic that someone started to talk about is not too big. People will not completely stop buying bitcoin because they already knew how good it is to have bitcoin. I don't think they will feel the urge of not buying bitcoin now that they see their profit of bitcoin increasing.

You are right, I don't like to think that bitcoin will end. People will continue to buy bitcoin because it offers a good alternative way to invest their money. As long as their are still investors bitcoin will continue no one knows when.
meridianbran
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December 17, 2017, 11:13:59 AM
 #280

Although unrealistic, if every person would stop buying and using bitcoins that would mean the total loss of the crytocurrency's price value making it useless.
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