BitAngelTW
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January 17, 2018, 01:28:31 PM |
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If it becomes useless then the demand for it will fall
But I think this will not happen in the next 5 years
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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batman12345
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January 17, 2018, 01:32:30 PM |
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Obviously bitcoin will feel the drastic drop in value if the people stop buying on it.
bitcoin will drop value not only people stop buying bitcoin. if people dont trust "bitcoin" as payments for daily life transactions or as their investment so value bitcoin will drop.. |
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IlikeEzmoney
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January 17, 2018, 01:41:09 PM |
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It is possible for everyone to stop investing in bitcoin all of a sudden. After all, people have invested a lot of money and time into it. If that happens, and that is highly unlikely, the prices will go to $0 since no one would be buying any bitcoin.  So here is a question, lets say 1 million people own a 10,000 value bitcoin. Just because they sell it to another person ect, what makes the value drop? Is it the fee lost during the transaction? So day trading is what would make prices drop because they are giving more "fees" to the exchange site, essentially removing it from bitcoins value? I really don't get it, is it just because people refuse to pay the price and lowball others until that becomes the new price? I don't get how if everyone pays 15k for a coin, trades to another person for 15k, how is the bitcoin itself losing value?  |
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teejaymuna
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January 17, 2018, 01:41:46 PM |
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If people all stop buying BTC then BTC will die. But why do you think everyone will stop buying it at once. How likely is this to happen?
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AldenGreen
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{Capricorn}
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January 17, 2018, 01:48:05 PM |
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If people stop buying bitcoin if possible the the price will become light and stable untill it will go down because many will possibly sell ti cut further loss of funds and to feel safe
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Minionnn
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January 17, 2018, 01:50:38 PM |
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Bitcoin pricing depends on the need to use human bitcoins. If people stop buying bitcoin then I think its price will drop very fast and it will soon end. But that can not happen when bitcoin has many benefits.
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zZHEROZz
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January 17, 2018, 02:12:52 PM |
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don't worry. bitcoin is money of the future. in the future, we will trading bitcoin more and more
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RajaJudi
Sr. Member
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Less is more
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January 17, 2018, 03:40:39 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.
Of course bitcoin value will go down, if people stop buying bitcoin. But this should be for obvious reasons, why they stopped buying it. If they stop buying because of the high price conditions, chances are they wait for a low price to buy it. Or maybe there is another reason you think? Price of Bitcoin definitely will goes down nonstop. Bitcoin will become invaluable like it used to be 7,8 years ago. At that time, there was a person who used 12 Bitcoin to buy a pizza and he didn't realize the benefit of Bitcoin 8 years later. However, I think this situation will be very hard to happen. If it was, it would happen in 100 years later  |
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derigop
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January 17, 2018, 03:42:54 PM |
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If the people stop buying bitcoin. It's value will go down but I don't think it will happen because bitcoin is very useful.
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nominee
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January 17, 2018, 03:44:40 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.
Of course bitcoin value will go down, if people stop buying bitcoin. But this should be for obvious reasons, why they stopped buying it. If they stop buying because of the high price conditions, chances are they wait for a low price to buy it. Or maybe there is another reason you think? Price of Bitcoin definitely will goes down nonstop. Bitcoin will become invaluable like it used to be 7,8 years ago. At that time, there was a person who used 12 Bitcoin to buy a pizza and he didn't realize the benefit of Bitcoin 8 years later. However, I think this situation will be very hard to happen. If it was, it would happen in 100 years later People will never stop buying bitcoins, there are always buyers on the open market. This can be a lower price, but there are buyers absolutely. The market is now undergoing a dump wave. |
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Diced90
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January 29, 2018, 10:49:03 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? If people are not buying then no sales will be made and this should not to be mistaken for its end, its a normal situation in the cryptocurrency world How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
then the bitcoin market remains to have a stable bitcoin price |
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makolz26
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January 29, 2018, 11:02:16 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.
Of course bitcoin value will go down, if people stop buying bitcoin. But this should be for obvious reasons, why they stopped buying it. If they stop buying because of the high price conditions, chances are they wait for a low price to buy it. Or maybe there is another reason you think? Price of Bitcoin definitely will goes down nonstop. Bitcoin will become invaluable like it used to be 7,8 years ago. At that time, there was a person who used 12 Bitcoin to buy a pizza and he didn't realize the benefit of Bitcoin 8 years later. However, I think this situation will be very hard to happen. If it was, it would happen in 100 years later People will never stop buying bitcoins, there are always buyers on the open market. This can be a lower price, but there are buyers absolutely. The market is now undergoing a dump wave. I don't think that we will stop bitcoin, especially now that it is still the number one crypto of all time after 9 years of its existence. Well, it is easy for us to determine if people stopped buying bitcoin because the price will obviously goes down, and so far as of the moment we are still at the beginning stage of bitcoin and it is booming as time is passing by. |
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xiaoyu666
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January 29, 2018, 11:07:03 AM |
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If your hypothesis holds.
People stopped buying bitcoins.
Then bitcoin will become worthless.
It goes to zero
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Coin12
Full Member
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Activity: 238
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1st of May
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January 29, 2018, 11:09:29 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.
I believe, if people just stop to buy bitcoin, the value go to $ 0, just like Tulip Mania. People must see Bitcoin, like a currency or investment device, to continue the trade. Bitcoin is 0 value and its right. But do you think people will stop buying bitcoin? I dont think so. Bitcoin is very important to many people right not only as profitable tool but also as future technology. |
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Glorypaasa
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January 29, 2018, 11:12:11 AM |
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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?
It will not happen anymore because people wants to buy more bitcoin if bitcoin price decreased they want to buy again because they know that bitcoin will increase more and they will get more profit so i can predict that after this year or here in 2018 bitcoin eill become more famous. |
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imapessimist
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January 29, 2018, 11:14:12 AM |
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I've been thinking about this. If people stop buying Bitcoin but others cash in then I think the price will go down. But if it's mostly those traders buying and selling every day then the price won't go up much or down. And then the folk holding will lose out as everything will stay the same. If people buy and hold then the price will go up. So I suppose that is best for a good profit.
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Arwinkim
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January 29, 2018, 11:17:04 AM |
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Bitcoin value is absolutely zero but our brain give it value because we need it! I don't think people will stop buying bitcoin because its supply is actually huge that come up with decimals. Bitcoin will be always there for those who need it
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Geemy
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January 29, 2018, 11:18:19 AM |
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When people stop buying Bitcoin, it is certain that it will lower its price, , But in a small percentage there are no groups in the form of companies that retain the structure and I am accredited all the dependence in all dealings on the Betcoin
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missyqt29
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January 29, 2018, 11:23:46 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.
Hypothetically, if suddenly people stop buying bitcoin, traders will be the first one that will be affected. Long term investors will also be at risk because what if they started bitcoin a little too late. The price, without a doubt, will decrease significantly. This is when the function of bitcoin as an asset will be gone and it will just a regular currency. |
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jaocoincrypto18
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January 29, 2018, 11:27:18 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.
Of course the most common answer will be Bitcoin will become no more value at all and it will become the end of it to find another investments. It is just like the other commodities that for sell but once no one will buy it will be superseded by another commodities in which the new trend. Anyway, this is impossible to happen except there is catastrophes like another world war or if all nation will conspire against Bitcoin. |
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