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Author Topic: If people stop buying bitcoin  (Read 7221 times)
oracleongoodbye
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March 19, 2018, 01:37:51 PM
 #941

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.


All the altcoins value are based on bitcoins so if people will stop buying bitcoins then all the cryptocurrency will also gone as well, as long as there are investors, cryptocurrency will just continue to grow and the future will also be depending on the people if they will be still interested on investing.
tikaka
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March 19, 2018, 01:40:42 PM
 #942

I think that if people no longer buy bitcoin then this currency will no longer increase and gradually lose value. And I'm sure this also affects the development of other currencies in cryptos

raidarksword
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March 19, 2018, 01:44:22 PM
 #943

Good post and excellent question, but i don't think people will ever stop buying bitcoin because they saw great things about bitcoin and how bitcoin evolves and transforms the age of cryptocurrency. People even took opportunities to buy more if the price is low, so i don't bitcoin is gonna fade as well as the investors.

Andika23
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March 19, 2018, 02:05:13 PM
 #944

Maybe everyone will not buy bitcoin when bitcoin is gone. then there people will not use bitcoin anymore. So there are people who decide not to buy bitcoin for something then bitcoin prices mean nothing else
Pistachiop
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March 20, 2018, 10:51:38 AM
 #945

If people stop buying and selling bitcoin then there will be no demand which means the price of bitcoin will go to zero and it will lose all of its value.
Specctrall
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March 21, 2018, 07:28:27 PM
 #946

if people stop buying bitcoin, its price will fall and it will be its end
lillyann
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March 21, 2018, 08:04:48 PM
 #947

This is not true, people will continue to buy BTC. It is probably the best of the best of candle-making, even though unstable. BTC will continue to grow well Smiley.
Digital Mutant
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March 21, 2018, 09:12:26 PM
 #948

we can't know exactly but its value can be relate to goods or be used for other reasons, the future is so exciting because we don't know what will happen  Grin

but there's one thing that the future of our economy will be very different from now in the nexts decades
reverseflash
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March 21, 2018, 09:31:11 PM
 #949

Interestingly, what shall be "if" that people ceased to buy a perspective product, than and the bitcoin is at present.
arhikrutoy
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March 21, 2018, 09:52:14 PM
 #950

There are lots of other alternative crypto currencies that are much better and can replace bitcoin, which after a while will happen. It's bad that all the altkoins depend on bitcoin, that's when this dependence is removed, then the bitcoin will be dead.
BitcoinPaw
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March 21, 2018, 10:10:46 PM
 #951

If people will stop buying bitcoin we probably forget about this cryptocurrency in few weeks. No buyer no seller, that means bitcoin isn't interesting anymore.

Danglen1010
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March 23, 2018, 06:06:49 AM
 #952

I think that would be the most horrible thing or nightmare to the company of bitcoins. The demand of the people is their lifeblood in the industry, once they lost it they will no longer exist in cryptocurrency.
boddy.dy
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March 23, 2018, 08:17:20 AM
 #953

If people stop buying bitcoin it will be the dooms day of bitcoin. I can say that because we are all familiar with the supply versus demand. That if there will be no more demand then the supply will not be necessary. Just like in a business that if no one will buy your item you will not have a money to buy stuffs to sell. In some other point the price will decrees and if the price decrees its value will be gone. So we pray that people will buy or invest more here in bitcoin so that our investments will be more successful. 
Goodday
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March 23, 2018, 01:03:50 PM
 #954

of course I think there will be a sharp decline going on bitcoin prices, to reach the lowest point if no longer drawn on bitcoin or investors who are not willing to buy bitcoin.
oracleongoodbye
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March 23, 2018, 01:10:15 PM
 #955

If people stop buying bitcoin, demand for it will drop completely and bitcoin will immediately depreciate. While this development is impossible. Bitcoin has a steady demand, it just fell a little because of the accumulated shortcomings of bitcoin. However, a very sharp drop in demand for bitcoin is not expected in the near future. And what will happen next, time will tell. Roll Eyes
lunnatic
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March 23, 2018, 01:15:31 PM
 #956

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.
Bitcoin is actually will died the price is keep going down because no demand. As long as people still interested with crypto this currency will usable, supply and demand will going smoothly.



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Uno17
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March 23, 2018, 01:18:37 PM
 #957

If people stop buying bitcoin at all, then bitcoin price continiously drop too, the more withdrawals that lessen the volume we hold and circulate in the market will tend to weaken the money market which we don’t want to happen the support system of the bitcoin comes from the weight volume we had and invested in, and users who keep on using and patronizing it.
cuteness
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March 23, 2018, 01:25:35 PM
 #958

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 such thing ever happen (which i doubt),i think i'll not consider myself as one ot those "people" since if there's a panic selling that means BTC's value will be very low, i'll buy them and wait for the time when it will rise again,then
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canque31
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March 23, 2018, 01:26:51 PM
 #959

If people stop buying bitcoin at all, then bitcoin price continiously drop too, the more withdrawals that lessen the volume we hold and circulate in the market will tend to weaken the money market which we don’t want to happen the support system of the bitcoin comes from the weight volume we had and invested in, and users who keep on using and patronizing it.


If people stop buying Bitcoin which is a worst scenario the value of btc will slowly drop until it will reach the zero value. More people investing and buying Bitcoin the more demand it takes and the greater the value of it in the cryptocurrency world market. Reverse effect if support of people would gone.
Joshapat
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March 23, 2018, 01:36:02 PM
 #960

If people stop buying bitcoin of course the price will be stagnant, everyone will give you an always cheaper offer, and this is the beginning of a big storm, I hope this does not happen in the near future, because I just started in bitcoin investing.


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