Mike Mayor
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January 11, 2018, 10:45:12 PM |
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I will always want the buy and sell and use Bitcoin. What should I use instead? Notes? Coins? Banks? Lol dude it's 2018 technology has evolved why would we look back? We live in a digital world so digital money just makes sense. This is not rocket science.
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turkeylove
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January 11, 2018, 10:49:09 PM |
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Well bitcoin its alrdy high so if they stop buying it wont affect the other coins. that means they focus on other
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drfugazi
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January 11, 2018, 11:03:24 PM |
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I can not imagine people stop buying bitcoin in the near future. Perhaps when this happens, the price may drop significantly, although at the same time it will not happen instantly.
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Gintama214
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DONATION SENPAI PLEASE <3 <3
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January 11, 2018, 11:05:20 PM |
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Not really sure what will happen if people do stop buying bitcoin probably, it will be stable and or goes down to $0 but it is impossible to happen that's because people around the world are even starting to invest with bitcoin and more and more people are getting into it. So I don't think that it will happen, I think it only will happen if the internet shuts down or when the government bans bitcoin all around the world. I hope that more people will invest with bitcoin so that it will be more known and be develop for our future.
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Clark05
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January 11, 2018, 11:09:05 PM |
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For sure if people stop buying bitcoin the price will continue to decrease for sure and the value will become 0 and that's not good to us because why peope stop buying bitcoin because if you earn a lot of money in bitcoin you can buy kore bitcoin to make more profit. As of now for sure many people sell their bitcoin so the price will decrease and for sure it will increase again the price of this coin in the next few weeks so better if you buy bitcoin the better we gonna do is to stop selling bitcoin. We need unity to this because we are who benefits to bitcoin.
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cosmicart
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January 11, 2018, 11:10:36 PM |
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That can't happen, as long as they stay up to standard
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RiskySanchez
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January 11, 2018, 11:14:54 PM |
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I can not imagine people stop buying bitcoin in the near future. Perhaps when this happens, the price may drop significantly, although at the same time it will not happen instantly.
it depends on the market direction that happens will be changed like what bitcoin goal. as we know bitcoin prices are formed because the market makes the bitcoin image is changing which from the currency is now a coin investment because of the lack of bitcoin develops to the market tends to hesitate to invest. during altcoin sprung I think bitcoin will remain the most prestigious coin and many people still buy bitcoin
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batang_bitcoin
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January 11, 2018, 11:20:47 PM |
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I can not imagine people stop buying bitcoin in the near future. Perhaps when this happens, the price may drop significantly, although at the same time it will not happen instantly.
Even the most undervalued coin that we don't even know there are people are trading through it still there are people who are buying it. And this situation, I can't also imagine that it's very possible to be seen in the future. Everyone is striving to have their very own bitcoin as it's believed as the digital gold and people who will have it earlier will become rich one day so people won't stop buying bitcoin and this assessment isn't possible.
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Rent this sig space so that BTC goes to $100k.
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furry04
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January 11, 2018, 11:23:11 PM |
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If there would be a scenario like that we would just use our btc in games to purchase tools or equipment or wait for it to gain popularity and come again at this point.
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zebii memon
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January 11, 2018, 11:30:30 PM |
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people stop buying bitcoin than bitcoin price is decreases
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samtarly
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Pre-sale - March 18
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January 11, 2018, 11:32:50 PM |
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Of course common sense, if demand will lose its profitability and usage will become obsolete and value-less and if that happens it might become the fall of cryptocurrency industry.
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anhlandibo12
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The stock photography revolution
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January 11, 2018, 11:33:55 PM |
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If one day Bitcoin had no one to invest in, I believe that Bitcoin was no longer valid for everyone. And there will be other crypto replacing Bitcoin. That is perfectly normal in the cryptocurrency world. People see the crypto as an asset, investing in it to make money from rising rates.
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ryan2018
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January 11, 2018, 11:35:37 PM |
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I think if people stop buying bitcoin then bitcoin will still be valuable but it's probably worth going down, but that's a problem when everyone stops buying bitcoin and sells all its bitcoin then this is what will be the doom for bitcoin ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Hazaki
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January 11, 2018, 11:44:38 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 that there's a the possibility of the world's random reactions to make all these "what ifs " happen is just impossible . But supposing it could happen ,when the normal outcome won't be any different than any other market when it looses it's customers/investors , the supply and demand low will be applied and the more bitcoins will be mined the more the total value per coin will decrease . However, if it does, if the demand lowers its price will lower until it is worth 0$.
The price of the currency would simply be zero. If there is no offer, there is no demand, and vice versa.
The maths should give something like this : (taking the actual total market cap of $224 073 314 000 USD and dividing it by 21 Million coins which is the max total supply ) = 1 coin will be worth $10670 . So even if the OP's "very unlikely if not impossible to happen" actually happens , and that no one buys or withdraw it , and when all the 21M coins will be mined , the value per coin will not be 0 .
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dragoz11
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January 11, 2018, 11:46:12 PM |
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the price of it would go down and the new investors would be afraid to join into the btc community and we would lose some years until it gain popularity again.
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congresowoman
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January 12, 2018, 12:11:22 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 will stop buying bitcoin is like bitcoin losing its value. If this coin will not be used for trading whether altcoins or payment for goods and services, the tendency is that it will lose the standing that it is in right now. It will produce much supply of coins in the market, lowers the price and this will lead to the drop and eventually end of bitcoin.
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El Tumar
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January 12, 2018, 12:47:37 AM |
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if all stop buy bitcoin than bitcoin die. bitcoin not have real value in bank, only if people is want to buy it. not think it's will happen because big money is inside bitcoin now, it is not will die like this.
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Godday
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January 12, 2018, 12:49:28 AM |
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if all stop buy bitcoin than bitcoin die. bitcoin not have real value in bank, only if people is want to buy it. not think it's will happen because big money is inside bitcoin now, it is not will die like this.
Bitcoin is worthless but does not disappear. formerly bitcoin has a low price until now rose due to demand and purchase. and if indeed people sell their bitcoin auto prices will also go down
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Gardar
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January 12, 2018, 12:58:34 AM |
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This week a lot of people is thinking about buy or not to buy, they are new at this and the going down value of the coins is not helping them, now is the moment to buy not the moment to be afraid
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deppil
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January 12, 2018, 01:33:16 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 that happens of course the price of the bitcoin will fall even go to $0. but now bitcoin prices are increasingly falling, hopefully it will not continue if more and more people are selling then the less buy then price of bitcoin will go down. as it currently happen seems the volume of bitcoin buyers is less than the volume of people selling bitcoins. but that's a common thing in a market. let alone bitcoin have fluctuating of course it will change very often. actually for now it is not possible all users stop buying bitcoins. because demand will always be there to see bitcoin has millions of users
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