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Author Topic: If people stop buying bitcoin  (Read 7153 times)
RavenHood
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March 25, 2018, 07:02:13 PM
 #1081

If people stop purchasing bitcoin the price of it will decrease and drop because the demand for bitcoin lose and become zero so the possibility of its cost will reduce. But I think I will never happen; even there are some many articles and news that giving bitcoin a negative effect people and traders will never stop buying bitcoin because they won’t let happen that their investment will waste.
valentine401
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March 25, 2018, 07:32:27 PM
 #1082

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 will obviously die in the future if people will stop investing on it because the prices in the market is always depending on supply and demand so if no one will get interested to invest then the value will reduce until it dies.
syamster
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March 25, 2018, 07:35:06 PM
 #1083

obviously total crash. If no one wants to buy then there is no value. However, you could say if btc is the only currency is exchanging goods and service the same as purchasing?
Yes true, within a day bitcoin prices will fall tens of percent even in a short time is not worth it, therefore we must dare to take risks if we invest bitcoin and never think to gain profit.
Well volatility of bitcoin is very common so you don’t need to be worry about the price of bitcoin, at the same time try to manage your emotions when you see people are not investing in bitcoin because your emotions and your positive thinking matters a lot, people are now educated and they knows the worth of new technologies and they know the use of internet, so I don’t think people will ever stop buying bitcoin ever, bitcoin for me is ever green currency, it has long life, people are investing and buying bitcoin because bitcoin gives them better life than fiat and their only regular job.

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helen28
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March 25, 2018, 07:36:09 PM
 #1084

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 will obviously die in the future if people will stop investing on it because the prices in the market is always depending on supply and demand so if no one will get interested to invest then the value will reduce until it dies.
You are right, for sure if people will stop to buy bitcoin then we are all dead as well, but for sure that won't happen as everyday more demands are really increasing everyday so I don't think that it will happen that bitcoin will gonna die unless internet will vanish.
Titanos
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March 25, 2018, 07:49:21 PM
 #1085

If people stop buying Bitcoin, Bitcoin value will be zero. It derives its price from people demand. I don't expect this to be realized in the next few years.
matipoto
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March 25, 2018, 07:50:56 PM
 #1086

if there's no demand, of course the price will go to zero. But talking about Bitcoin, I think it's at least highly unlikely.  Cheesy

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IsabelCornd
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March 25, 2018, 08:01:39 PM
 #1087

I think that bitcoin will die with outher cryptocurrencies almost instantly. It's strange question because everything will stop working if we have no demand on it.
MZMARY
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March 25, 2018, 08:08:10 PM
 #1088


People will not stop buying bitcoin, manipulators will not let them out, manipulators are those people who control the price of the market, they are all in a tune
OnnoTunes
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March 25, 2018, 08:16:31 PM
 #1089

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.
Anything that is unused comes to an end inevitably. So, if people stop using Bitcoin than in my opinion another altcoin will surpass Bitcoin and people will use it as a cryptocurrency. Bitcoin price goes very low in this scenerio.
Victorycoin
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March 25, 2018, 08:52:25 PM
 #1090

Why are you guys expending your energy and time on non issue? The first thing should have been to supply answers to the following queries, begging for answer:

1. is it possible that everybody could stop buying Bitcoin?

2. if so, what reasons can lead to such a situation?

It is only after the questions above have been answered in the affirmative that people can then draw the conclusion that the price of Bitcoin would head to zero. Until then, there's nothing imaginable that would make all people stop buying Bitcoin, even the governments ran into brick walls in trying to ban it. Bitcoin is simply a revolution whose time is now!
Leyss
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March 25, 2018, 09:16:55 PM
 #1091

The bitcoin system has been running for about nine years. Bitcoin is in high demand, and its price exceeds hundreds of thousands of times the world's currencies. And this means that there can not be a situation where bitcoin would cease to interest investors. However, if, suppose, such a situation happens. then due to the lack of buyers the laws of the market will stop working, bitcoin will become useless to anyone and it will quickly depreciate.
megynacuna
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March 25, 2018, 10:30:31 PM
 #1092

If people stop buying Bitcoin, Bitcoin value will be zero. It derives its price from people demand. I don't expect this to be realized in the next few years.

Yes it can be zero but if they stop and hold without any bitcoin transactions then it will stabilize and not tumble back to zero. For it to head back to zero it must take a total abandonment of bitcoins globally and that cannot be easily realized.
Easteregg69
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March 26, 2018, 03:55:04 AM
 #1093

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.


Noooooohh. We use that for computerchips too. Nerds use it for investment.

And yes. Your are a hero ;-)

Throw some "shit" and see what sticks.
mkcube
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March 26, 2018, 04:01:20 AM
 #1094

If there is no demand maybe it will stop buying but it is not possible that btc will end up.I dint want this to be happen.I dont think this hoing to happen because bitcoin has many supporters now and iy is rooted that btc is the king of all crptocurrency.
Abete
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March 26, 2018, 04:02:43 AM
 #1095

We can see from different points of view about Bitcoin and its future, the value contained in the bitcoin can not be detected and changed in every minute and second. If bitcoin is currently well known, there is no word to surrender or extinct in the future. remain optimistic looking at the future with bitcoin.
haster100
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March 26, 2018, 04:11:20 AM
 #1096

Law of supply and demand still applies. No demand, the item becomes good for nothing. In that case, bitcoins value would be nothing, zero. But I don't think it would happen. Despite the huge drop recently it will still survive the crash.
sandos
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March 26, 2018, 05:18:31 AM
 #1097

i think there are no reason to stop buying bitcoin. Cryptocurrency is still a valueable market and the investors always trade which can help them get money.

jemarie20
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March 26, 2018, 05:28:44 AM
 #1098

We know bitcoin is the great and very popular coins here in the world of crypto that is why many people want to buy bitcoin as one of the great investment in their life  that is why I think there is no reason that someday there is people want to buy bitcoin but if will happen I think the price of bitcoin will effect.

hopelessromantiko
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March 26, 2018, 11:47:00 AM
 #1099

Do you believe that the internet will be extinct? I don't think so, for as long the internet lives bitcoin will stay. Wink Cheesy
Jhun030383
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March 26, 2018, 04:06:33 PM
 #1100

Definitely it will affect the price of bitcoin if people stop buying it since no more transactions will happen and it can make its crypto market value a lesser value. Then gradually it makes bitcoin die. That's for me I think will happen if people stop buying bitcoins.
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