SilentBeat
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April 06, 2018, 12:16:36 PM |
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if people will stop buying bitcoin of course the value of bitcoin will continue to drop on a very long run. but since bitcoin value is low, it will be a good time to buy more bitcoin. so i dont think the what if will happen.
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zelenkova
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April 06, 2018, 12:18:23 PM |
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Bitcoin is the currency of the future, it will not stifle its action and life while we use it and every currency has its own amateurs and consumers
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NineBall
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BLOCKCHAIN BASED REIT
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April 06, 2018, 12:22:43 PM |
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it's impossible, but if it happend BTC will be useless and the not valuable. But don't worry it's just a thought and it will never happen. Moreover, digital currency will become very needed as the development of technology.
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GLOBAL REIT: The 1st ever Blockchain based Real Estate Investment Trust 〔 http://globalreit.io/ 〕
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ostrovagaly
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April 06, 2018, 12:23:39 PM |
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Well, then it will definitely decrease in price when there is no activity what else remains to be done. But maybe then it will attract the public back.
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hardtargetbtc002018
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April 06, 2018, 12:28:06 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.
If people will stop buying bitcoin the bitcoin will decrease. The value of it will loss. The demand of it will increase and it may lead into zero which the people will stop depending on bitcoin because they will not have a profit and benefit that can get. If people stop buying bitcoin it creates negative effect in the market and once the demand will decrease im sure the market value is also decreases.
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stellaekun
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April 06, 2018, 12:30:54 PM |
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As with all goods, products- gold, cars, stocks, precious metals, dollar bills, bonds,groceries-when people stop demanding for it, the value goes to zero. bitcoin is no exception to the rule.stay crypto.
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SergeYak
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April 06, 2018, 12:31:26 PM |
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People will not stop buying bitcoin while it's profitable and it's obvious. When something losing demand completly it become useless and people forgetting about it.
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reyzel27
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April 06, 2018, 12:43:28 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.
We are not praying for such thing to happen,but If that happened BTC price will decreased since it wont be bought already .
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sangungaji
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April 06, 2018, 12:47:42 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.
if people want to sell bitcoin and no one to buy, it will be affected to the price. I think the price will down.
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budiartha
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April 06, 2018, 12:52:49 PM |
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Of course the value of bitcoin will drop deeply if nobody buys bitcoin, it means people are not interested anymore to put their investment on bitcoin and this is a negative sentiment to the market of bitcoin and according to the economic law if supply is more than demand the price will down otherwise the price will up if the demand is more than the supply.
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azisdoank
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April 06, 2018, 12:58:47 PM |
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well i think 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 and is impossible that people stop purchasing bitcoin, bitcoin has become an integral part of business. Just as a part of the body can not be separated, so can not remove yourself from bitcoin
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Nissan-GTR
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The Exchange for EOS Community
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April 06, 2018, 01:06:44 PM |
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If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.
I agree with that cause we as the worker here were the ones who regulate this platform without us who works hard to get profit Bitcoin will never last this long and this will be gone probably many years ago, and it will not be successful and expensive as now , we should be grateful for that since its a give and thank situation.
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Amajaa
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April 06, 2018, 01:14:15 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.
Simple answer for simple question,if that ever happen the market will go down drastically untill turn to 0 value and to those holding btc will have no choice but to keep it since no one buying anymore.. Its like an old coin that loses its value.
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tanginamoo
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April 06, 2018, 01:19:16 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.
A simple answer to your simple question, zero demand results for a zero value. It will just drastically goes down until it reaches zero. But I doubt that the bitcoin will have zero demand so I think it is impossible to happen.
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Baijit20
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April 06, 2018, 01:35:11 PM |
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I think bitcoin is better than gold.so Surely people will not stop buying bitcoin, because it is not only becoming digital currency but is also providing people to earn more and make their life comfortable.
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FindYourIco
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April 06, 2018, 01:36:16 PM |
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awawo
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April 06, 2018, 01:43:19 PM |
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The power of bitcoin in the market is in it patronage by the people and if people stop buying bitcoin I don't think bitcoin will have any power to survive the market because bitcoin operate on the economic law of demands and supply so if the people stop buying bitcoin then bitcoin will go into extinction and no need for bitcoin.
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oloveloveo
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April 06, 2018, 01:51:17 PM |
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Im a little bit confused on what side are you. It will not happen but you are sure that nobody buy bitcoin? Yeah for me i also believe that bitcoin will not lack of buyer, people always want to have bitcoins. Especially that bitcoin price is low a lot of people will surely invest on it. It may not be important on some people but for others who's hoping and trusting that the bitcoin price will rose up in the future will surely invest or hold on it.
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Thardz07
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April 06, 2018, 02:05:11 PM |
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I think it’s impossible to be happen. But if it’s happened, it’s possible to be 0.00000001 value result and became a shitcoin. Or other reason if people stop buying and others are still holding, maybe the value will be at stable price and there will be no fluctuations happened.
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jeanpadel14
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April 06, 2018, 02:07:11 PM |
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Technically, it would be impossible for everyone to stop mining Bitcoins as long as it provides tangible benefits (whether is it distribution of BTCs or transaction fees).However, with that being said, assuming that there’s no tangible benefits for miners or anyone to mine BTCs, I would expect that companies/individual holding large amount of BTCs would step in to continue the mining process (to ensure verification of transactions are ongoing).
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