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Author Topic: If people stop buying bitcoin  (Read 7221 times)
Antonas1
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February 09, 2018, 07:48:07 AM
 #501

You are funny Cheesy Bitcoin and other cryptocurrency (we call them altcoins) always depend on supply and demand. So if there is no demand then bitcoin and other crypto will be $0.
You should read more about trade Wink

bhabygrim
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February 09, 2018, 07:51:20 AM
 #502

If that ever happens then I think that the bitcoin price would fall down to zero because the price of the bitcoin depends on the demand,
But I don't really think that it would ever happen in our generation but if it ever happens that means that there is some other coin that has surpass bitcoin and taking over the lead.

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abhishek_bittu
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February 09, 2018, 07:52:03 AM
 #503

then prc per btc won't increase and when the holders  will sell it , price will start decreasing  Wink
GavenJack
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February 09, 2018, 07:54:38 AM
 #504

guys, of course, if bitcoin stops buying, its price will drop to 0. this I think all understand. the main thing to prevent it!) after all, we are not interested in it. this our all

Al-e_x
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February 09, 2018, 08:13:39 AM
 #505

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 do not want anything like that you say it happens, I do not think that's possible, because bitcoin is getting more and more demand from year to year, and bitcoin has survived for years. If such a thing happens, it's definitely no longer worth the bitcoin, and again I do not expect such a thing to happen.
Mer1251
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February 09, 2018, 08:17:10 AM
 #506

Maybe bitcoin will grow and grow but it not obvious to the whales that never buy a bitcoin even in the cheaps price and they know  the original price that raise up again  Smiley
yonjitsu
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February 09, 2018, 08:36:17 AM
 #507

I don't believe this will ever happen because it is just the beginning for the bitcoin era. There is always a risk but let's think positive about bitcoin

But if that will ever happen, bitcoin will be probably forgotten and it will greatly affect the cryptoworld. Though there will be a successor for bitcoin but i am pretty sure that the cryptoworld could never be the same interesting again without the presence of bitcoin.


JuniAiko
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February 09, 2018, 08:39:59 AM
 #508

As a cryptocurrency (be it BTC or LTC or whatnot), adoption for actual use, for the purchase/sales of real-world products etc. will give it value and sets the bottom-line for the coin.

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im posible
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February 09, 2018, 11:59:48 AM
 #509

Bitcoin prices and existence are determined by market demand. Bitcoin can survive if there are sellers and buyers and to get a stable price then the amount of bitcoin bought and sold must be balanced. If there are more bitcoins sold than normal, they will cause the bitcoin price to fall, as well as if many people buy bitcoin, the price in the market will increase. We can conclude what happens when there is no buyer bitcoin at all = bitcoin must accept reality only become one sweet history in the crypto world.

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arbelian
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February 09, 2018, 12:18:51 PM
 #510

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 the value might go down because no one is supporting it. But right at this point it is impossible though the value flactuates downwards we can see that it is recovering. The people who sells bitcoin are in the state of panic.

bitfocus
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February 09, 2018, 12:23:10 PM
 #511

if some people want to dump their future and go back to the stone age - let them go, why would we care?
jeepuerit
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February 09, 2018, 12:38:15 PM
 #512

If people stop buying bitcoin, it's likely that the bitcoin is below the cost.
Bitcoin is especially important to him as the largest of all coin value, if they stop buying bitcoin, maybe a lot of coin can also be dropped.
V. J. Meyer
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February 09, 2018, 01:19:57 PM
 #513

if some people want to dump their future and go back to the stone age - let them go, why would we care?
If investors stop buying bitcoin then the bitcoin will lose value and will disappear, which is the worst in the cryptocurrency market but I think it is very unlikely in the next few years. Crypto market will develop very strongly in the future, so bitcoin will be very long in this market.
Rolf Walker
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February 09, 2018, 01:37:57 PM
 #514

Technically, it would be impossible for everyone to stop buying Bitcoins as long as it provides tangible benefits (whether is it distribution of BTCs or transaction fees).
Mark Sherman
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February 09, 2018, 01:39:49 PM
 #515

Is this a problem?

Not at all, if it becomes unprofitable people just turn the kit off, the difficulty gets slightly easier as less people are mining so equilibrium is restored.
lucretiareaves
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February 09, 2018, 01:41:21 PM
 #516

If everyone stopped buying, I think there was no electronic money at that time. But I think that will not happen at least this year
valentine401
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February 09, 2018, 01:45:15 PM
 #517

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 then the value of cryptocurrency over all in the market will decrease since every altcoins value is base on bitcoins. I do not think that it will come to the point that people will stop on buying bitcoins because it was very profitable, just hope for the bright future of bitcoins so everyone will become wealthy at a younger age.
Piterg
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February 09, 2018, 03:12:51 PM
 #518

Even if people stop buying bitcoin, it still does not lose its value, thanks to the Holders who believe in it and will keep it. It was thanks to them that we did not fall much this time, although very large funds were sent to it to drop bitcoin.
Mr.John19
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February 09, 2018, 06:52:07 PM
 #519

Obviously bitcoin will feel the drastic drop in value if the people stop buying on it.


In case the people stop buying bitcoin, The value of the bitcoin will go down, and all the digital currency also vanish because the bitcoin is the primary of all the cryptocurrency. Bitcoin is similar to the product if the people no longer support it will be Valueless. Those stores accepting bitcoin will be no longer available they don't take bitcoin as payment. But then  I think this would not happen because of bitcoin of the capability to create something that we want to be.
yantorobi
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February 09, 2018, 06:57:58 PM
 #520

I can not think if bitcoin will not be bought because I see bitcoin so special because it has a system or technology that I think is very valuable that can not be underestimated by the world community so definitely bitcoin will continue to be demanded by everyone
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