5hoursaday
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March 24, 2018, 03:54:13 PM |
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If people stopped buying bitcoin I'm guessing the price will go back to zero since it no longer has any value as the value of bitcoin depends on principles of supply and demand.
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nikola22
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March 24, 2018, 04:05:07 PM |
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If people stopped buying bitcoin I'm guessing the price will go back to zero since it no longer has any value as the value of bitcoin depends on principles of supply and demand.
the probability of such occasion is near zero because always there are people who want to buy bitcoin at low price. so when the price goes down someone will buy bitcoin. |
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colvis
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March 24, 2018, 04:17:27 PM |
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Well for me if people stop buying bitcoin it will not led to the end of it but.. It will only stabilized the prize since the market is no longer moving.. Beside even though people stop buying it, it will still be circulating around the world because most people who have it will still be making use of it for their daily transaction
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YzzyGo
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March 24, 2018, 04:24:16 PM |
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Bitcoin will drop down to no value in a matter of days as news of people not buying bitcoin will spread like wildfire. But, as of the current number of people trading in bitcoin, if a crash did happen it will just affect a small percent of the world population.
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GeniusAko
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March 24, 2018, 04:28:17 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.
The outcome will be bad! If the bitcoin stop buying bitcoin then the value of the bitcoin will decrease so much. There is also a possibility that the bitcoin will die if the people will stop buying bitcoin. |
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laracastvue
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March 24, 2018, 08:56:14 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.
Bitcoins price is depending on the amount of supply so obviously, the value of coins will decrease if people will stop investing but as of today, there is no doubt that the price of bitcoins will increase continuously due to the new investors that keeps on coming in the market. |
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WatchMaker
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PUFFY FINANCE
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March 25, 2018, 12:18:36 AM |
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The bitcoin price is determined by the market demand and without it, the bitcoin price is dropping down to zero. The bitcoin has a self-stabilizing economy where the bitcoin price in the market is based on what buyers are willing to pay. Once the people stop buying bitcoin then the bitcoin is nothing but history.
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Easteregg69
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March 25, 2018, 12:20:13 AM |
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I bought some more bitcoin today. No worries mate.
Talk is cheap..
BTW. Did it hit 7000 usd or what. Would not deny any predictions.
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Throw some "shit" and see what sticks.
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Easteregg69
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March 25, 2018, 12:27:03 AM |
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It is not that handy to create bitcoin die, because the current supply is yet hostile to and yet mined. after all,bitcoin is still a insinuation for altcoin, and if bitcoin stops purchased there will be no magnification in the price, and this will have a negative impact regrading altcoin. it is definite, anything must be nothing immortal, but I realize not think this is the mature to discuss the subside of bitcoin marginal note, because there are many investors and subsidiary users who still survive once bitcoin.
One bird said to the other bird "I don't want to be the best". To which the other bird replied. "I understand you." |
Throw some "shit" and see what sticks.
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GalaxyWorld
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The Exchange for EOS Community
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March 25, 2018, 01:06:29 AM |
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The bitcoin price is determined by the market demand and without it, the bitcoin price is dropping down to zero. The bitcoin has a self-stabilizing economy where the bitcoin price in the market is based on what buyers are willing to pay. Once the people stop buying bitcoin then the bitcoin is nothing but history.
Once I saw the big profit from this market, why did not I buy it? In case people stop buying bitcoin can only be because their government has issued a strict ban, then I think they stopped buying. |
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warkop121
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March 25, 2018, 04:40:16 AM |
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Well it does not people at a certain level just stop buying at a certain price if it happens the next thing that the seller will do is to drop the process until the buyer will match their price. There will always be individuals or companies who want to buy bitcoin while it is alive and running in the market . It really does not make sense to think that all the bitcoin purchases will stop at once, which I do not think makes any sense at all. There will be a reason for that to happen. For example if there is a problem in buying on the exchange or something like that, but even for that kind of thing will need to happen with all platforms that offer bitcoin to be purchased and not everything will be stuck at once. So basically, it will not happen.
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Hotel_Prodeo
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March 25, 2018, 04:52:37 AM |
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This will certainly make bitcoin worthless even if it happens in a short time the bitcoin price becomes zero, but I'm sure this will not happen because many people are interested in making bitcoin for long-term investments so they will continue to buy.
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BennyK
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March 25, 2018, 05:04:30 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.
This question and its scenario appears like an instance existing in the mythical world. I cannot fathom how all people across the globe and most especially the bitcoin bullishs like me, will wake one day and decide not to patronize bitcoin. The fact is, Bitcoin's patronage is about seeing another great altitude and it will be very soon. |
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hrz
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March 25, 2018, 05:20:33 AM |
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if in this day it probably will not happen because now bitcoin again in hurry by investor because its very comfortable price in pocket.
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LipCo
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March 25, 2018, 05:30:24 AM |
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I think that if everyone stopped buying bitcoin, it would have a negative impact on a lot of bitcoin owners and the crypto market would not be as vibrant, and that would not happen. There is no doubt that bitcoins will continue to rise as new investors continue to market.
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Kodok Bencot
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March 25, 2018, 06:00:44 AM |
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This is the same as if people stop buying gold, then everything becomes worthless, everyone will provide cheap deals and disturbed market balance. with a large supply where there is no demand it will be zero.
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chipzeru
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March 25, 2018, 06:03:23 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.
Since bitcoin price depends on the public demand, it will lose its value if people stop buying bitcoin. If bitcoin lose its value, the other cryptocurrencies will be dead too and extinct (most likely won't be happen). |
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conan21
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March 25, 2018, 06:08:47 AM |
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Personally I think the bitcoin value will never be zero. People may stop buying bitcoins but that does not mean that the bitcoin value will be zero. Do sellers want to sell their bitcoins for zero dollars? Of course they will not do that. If people actually stop buying bitcoin, then bitcoin will remain as a digital currency. Being a digital currency is actually the reason why bitcoin is made. No problem if nobody wants to buy bitcoin.
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pinoyden
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March 25, 2018, 06:10:47 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.
Since bitcoin price depends on the public demand, it will lose its value if people stop buying bitcoin. If bitcoin lose its value, the other cryptocurrencies will be dead too and extinct (most likely won't be happen). if bitcoin losses its value , other coins wont be affected because they arent conected to each other. cant you see when bitcoins value is decreasing , the value of altcoins is still increasing and some are still stable. so i guess both of them dont have really related to each other. Yet i dont think people will stop buying bitcoin rather people will buy more bitcoin because they believe the longer they hold bitcoin, the more chances that it increase its value in the future. |
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jademacoy
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March 25, 2018, 06:20:42 AM |
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Then bitcoin won't survive. The thing that bitcoin operates and to continue its system is the contributions of every investors. As long as there are investors to bitcoin then it will be possible that bitcoin will last. This is how bitcoin works and it seems that we have to let the people know about it and how could they earn also with the system. It is not too late since bitcoin is still growing in terms of the population of investors that include also the ICO today that has offer indirectly bitcoin. For now enjoy the benefits of bitcoin join and invest then earn a huge profit.
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