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Author Topic: If people stop buying bitcoin  (Read 7153 times)
GREATLOVE
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January 12, 2018, 01:37:22 AM
 #381

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
I think because the price of each bitcoin now is not stable so the buyers are doubting if they will going to buy or not. But for me when I know the price is already drop then Im going to buy.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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fanita
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January 12, 2018, 02:29:13 AM
 #382

if people stop buying bitcoin then bitcoin prices will experience a slight drop in prices, but if they just hold the bitcoin for, wait for bitcoin prices to go up. it will not stop, because who wants to have so much bitcoin. now bitcoin has decreased, maybe this early ayang will mebuat bitcoin prices rose back to its highest peak as usual that has happened months ago. who does not want to buy bitcoin, bitcoin is a digital currency that can be used for online transactions and can be for bitcoin investment.

putrii
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January 12, 2018, 03:45:07 AM
 #383

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 then bitcoin transactions will stop and bitcoin will decrease in price because no one has bought bitcoin or who are interested in buying bitcoin.
hybie22
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January 12, 2018, 05:15:35 AM
 #384

If you stop buying bitcoin you can still get bitcoin by opting in signature campaigns and nervous campaigns, Facebook campaigns. By joining these campaigns, you can get bitcoins.
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January 12, 2018, 05:25:57 AM
 #385

Price would gradually go to zero. But it's impossible for people to lose interest on a $10 bitcoin if it comes to that. As price goes lower, more and more people will want to buy it. Especially with bitcoin history of skyrocketing.

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zebii memon
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January 12, 2018, 05:27:43 AM
 #386

people not buy bitcoin its price will decreases as expected
Scor1937
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January 12, 2018, 05:31:22 AM
 #387

That would actually be the worst situation ever in the history of bitcoins. No buyers to buy bitcoins will cause the value to fall even it may end up by reaching 0 satoshi. All the bitcoin holders will then just throw away their bitcoins as they will be of no use to them. This situation should never come because we are already involved a lot and also several investors have invested huge amounts into bitcoins which can't be affordable to loose.
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January 12, 2018, 05:40:56 AM
 #388

Demand for Bitcoin and cryptos in general is increasing all the time. I just don't see people not buying bitcoin any time soon. Seems highly improbable.

Yusuf77
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January 12, 2018, 05:44:16 AM
 #389

Demand for Bitcoin and cryptos in general is increasing all the time. I just don't see people not buying bitcoin any time soon. Seems highly improbable.
Indeed demand does not stop because bitcoin will be an investment asset and this has no end. it's just a down trend is in bitcoin. after in the last year a lot of price shocks due to happening hardfork
akmittal
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January 12, 2018, 05:51:35 AM
 #390

If people stop buying Bitcoin. It will reflect that interest in the crypto is no more and crypto loose its shine. But it is not possible.
keesh
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January 12, 2018, 06:09:48 AM
 #391

It is nearly impossible that people will stop buying bitcoin because in the first place, bitcoin demand is just starting to rise. But, answering you question, yes, it could be a step towards the end. A possible event to happen is that it will slowly reduce its value until it is nearly worthless. But, as I said, it is nearly impossible.
hendra12
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January 12, 2018, 06:17:29 AM
 #392

maybe is not like stop buying bitcoin. maybe just number of buy going down and the price will be can't high anymore. because if we say "if" so hard to believe right now people don't want buy bitcoin. so maybe if stop maybe bitcoin can make another way.

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TexasofblackseA
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January 12, 2018, 06:28:31 AM
 #393

If 21 million bitcoins are in circulation, if miners raise commission rates too much to make profits, or if another crypto currency that is better than the technology bitcoin becomes more popular, why not? Or it could be due to another influence that does not come to mind. But what we have to do is to continue to make profits from the bitcoin before we get too negative.
jamirrah
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January 12, 2018, 06:35:02 AM
 #394

If people stop buying bitcoin then bitcoin existence would be no sense anymore. Since bitcoin price depends merely on trading volume if people stops buying price would fall in first few phases unyil it totally dies.

serizawax
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January 12, 2018, 06:36:43 AM
 #395

That's true because the money must depend on usage, if bitcoin is no longer in use, what is the function of bitcoin presence in this world, definitely bitcoin will disappear if people stop using it.
Coin12
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January 12, 2018, 06:43:03 AM
 #396

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 dont think that situation will happen to bitcoin simce bitcoin is very strong community.
Anyway i think the value of bitcoin will be zero if nobody buy bitcoin.

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Svafnir74
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January 12, 2018, 06:45:10 AM
 #397

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 not someone does not buy bitcoin, its price will be zero, I think so.
Turkish88
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January 12, 2018, 06:52:41 AM
 #398

Bitcoin obeys the rules of the market, if there is no demand for buying bitcoins price fastly going down.

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cotton ball
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January 12, 2018, 07:01:24 AM
 #399

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 not someone does not buy bitcoin, its price will be zero, I think so.

bitcoin prices will drop dramatically but not to the point of zero because there are still a handful of bagholder very faithful. If bitcoin sales are low then it will affect all existing altcoins and will be the worst thing in the history of internet payments. I think if the government succeeds and start using their own e-fiat then bitcoin will be at the forefront of the converting benchmark.
Rajamuda
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January 12, 2018, 07:12:16 AM
 #400

It looks like the price will drop dramatically if it happens and Bitcoin is worthless Wink
But however, I don't think at all that the people will stop buying bitcoin. The world is verry wide, and bitcoin I'm sure it will become more widespread to knowing throughout the world, recognizable by more and more people, and there are certainly will be the people who still try to buying it and try to invest due of its popularity is suitable for investing a money. And not only that I guess, there are still many other things or another efforts that causing up to buying bitcoin. Anyway I think.. bitcoin price will not be so very expensive till can't be affordable by anyone in this world to buying it.
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