If people stop buying bitcoin

[Yeahnoh]

I guess if people stopped buying bitcoin then that would mean it no longer has any value which would lead to a drop in prices, correct me if I'm wrong.

[Galahad111]

If people stop buying bitcoin have a worst and difficult situation that cause of problem for the some investor and trader of bitcoin they end of bitcoin in over the world then a value of bitcoin are decrease, in my opinion if the day is happened for this problem you can use your mind to help to reimprove again and dont stop to believe.

I think the law of supply and demand has proven that when demands dwindle down, the saturation of the supply in the market would make the product lose its value. That concept could be adapted with bitcoin as well. I think in the event that people would stop buying and patronizing bitcoin, it would slowly go down in value, until the time when it will die out. That's basically what happened with several altcoins during the time when bitcoin was surging.

[hwarico]

For sure price will go Dow like any financial product

[roshanface123]

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.

As per bitcoin its a serious issue. But including me there are lot more strong bitcoin believers. So I hope it will never happen. And if this situation got happened then the market demand and with its demand the value will also fall down. This leads bitcoin to its end.

[BitcoinGirl.Club]

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.

To be honest I would prefer such a situation as this would mean less dumping of bitcoin and all other altcoins as will remain less volatile

and If people stop buying bitcoin completely it means prices remain stagnant or in other words stable but if more keeps being offloaded onto the market prices drop that's why we need a limited supply to push prices up.

[raahi]

There is only 21 million bitcoin is available for around 7 billion people in the world so it is not possible that whole 7 billion people will stop buying bitcoin because bitcoin is built on an amazing technology called blockchain.

[GreatOrchid]

There is only 21 million bitcoin is available for around 7 billion people in the world so it is not possible that whole 7 billion people will stop buying bitcoin because bitcoin is built on an amazing technology called blockchain.

It is happening at this moment, there is more selling than buying, and that is the reason of why the price is constantly going down.

Anyway, i am not even worried about this, becase we all know that this is just a long term vision.

[vinasky]

Not possible, at least because of the black markets
The fact is that at this time people need BTC

[Yur]

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).

[supercanada1]

If people stop buying bitcoin have a worst and difficult situation that cause of problem for the some investor and trader of bitcoin they end of bitcoin in over the world then a value of bitcoin are decrease, in my opinion if the day is happened for this problem you can use your mind to help to reimprove again and dont stop to believe.

Bitcoin will die if people will stop buying bitcoin because there will be no more demand. It will have a great bad effect on different aspect. Investors and traders will lose their money because of bitcoin. The price will slowly falling and it cant recover anymore because no one buying it.

Yup we will have to admit that investors are working really well for the development of bitcoin, so if they will not invest how bitcoin will live longer but for me it is very hard to stop investing bitcoin because it gives me a lot of money and at the same time, bitcoin provides me saving for my future, bitcoin has changed my life, now I am having money, I can buy everything and I ca openly go for shopping I never think before I ask for something to get, so it is not possible for investors to stop investing in bitcoin.

[maxman190]

If people stop buying bitcoin then bitcoin is worthless and dead, many people think that bitcoin can last forever, but we all know that bitcoin does not control so bitcoin can not be worth any time.

[ExoticMotors]

If people stop buying it the price will likely stay the same. It only increases when people buy it.

[fotosonics]

I don't agree to you. Many people is still buying if they want or if they want to get profit. You're question is unrealistic and nothing to happen. However this is the chance of the buyer because the price is still low.

[Cofee mix]

I never thought that bitcoin will never again be bought by oreng-orang. But if people stop to buy bitcoin maybe bitcoin will fall and bitcoin will not be worth anymore and bitcoin will only become the most expensive currency in the world. If no buyers are available, there will be no bitcoin value and can be announced that bitcoin is dead.

[Kjara]

If people stop buying Bitcoin the price of it will fall down, thus Bitcoin will lose its value and become uninteresting to the most of people.

[Irsanhadi]

bitcoin will end if no one buys. because a trade will run if there are two factors namely;
1. seller
2. buyer
when one of these factors is not how it might work.

[LynielZbl]

As all we know, bitcoin is the most valuable cryptocurrency or the king of all crypto. So I don't think that people will stop buying Bitcoin because its all known as a volatile in terms of its investment but many people will always take the risk of it. But by chance if people stop buying Bitcoin then the price of Bitcoin will be decreased and if it continues one day Bitcoin will surely destroyed or will be going to an end.

[PM.coins]

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 and can give hope to everyone who wants to have a lot of money, so definitely bitcoin will continue to be prosecuted by everyone.

[Jose Rizal]

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 think if no one will able or willing to buy Bitcoin there is nothing else for us to be profitable here specially if the investors were gone whom we all know that has a huge impact to this currency to continuously grow. Theres no more chance for us to have our income whether we like it or not.

[cybersofts]

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 the people stop buying bitcoin the value of bitcoin will be next to zero.
The bitcoin has value because people are buying bitcoins and if people stop buying then bitcoin is going back to zero.