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Author Topic: What will be the Bitcoin Price If.....  (Read 686 times)
Polo7 (OP)
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September 08, 2019, 10:54:44 AM
 #1

What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀


Will it be Zero?  Or just as much someone is willing to pay to buy btc
ashmodeus
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September 08, 2019, 12:32:21 PM
 #2

based on the beginning of starting bitcoin came to this world.
it came with a value, by July 2010 the price $0.008–$0.08, then skyrocketed by 900% in five days.
i believe on that time no one big exchange, just people to people payment system.
and if it still continue naturally with no exchange came, of course some people will pay to buy btc , even it no exchange , because BTC it self its limited.
and well, people truly like what a limited thing.
but all happened quickly over the past 8 years, I wonder if satoshi himself had prediction this to happen, so he disappeared after the launch of bitcoin itself ?

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September 08, 2019, 12:47:18 PM
 #3

Still depends on the project itself, there’s a lot of altcoins that are not listed on the top exchanges and yet they have the best technology. Exchanges benefited a lot from the success of bitcoin, so for me those exchanges are nothing if they don’t accept bitcoin at all. The price will still be the same because of the blockchain technology with bitcoin.

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September 08, 2019, 12:52:02 PM
 #4

I guess you mean what will happen to Bitcoin if exchanges like those you mentioned do not exist. Or better still, what will happen to Bitcoin if we don't have large established exchanges?

Nothing really will happen. Large exchanges started existing few years after the invention of Bitcoin. If there is big demand for Bitcoin, the market will naturally attract the large exchanges
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September 08, 2019, 01:11:25 PM
 #5

What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀


Will it be Zero?  Or just as much someone is willing to pay to buy btc
Market value is depends on trading and mining once it was stopped unexpected response will occur. But price will undetermined so Binance and some huge volume exchanges are available in the market. Everyone earn good profit on top exchanges so they also earn good profit and it will never stopped on future, I think some update will occur on further days.

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September 08, 2019, 01:12:51 PM
 #6

What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀
Even if these exchangers does not exist crypto or specifically bitcoin will still grow because people will use other legit exchangers to do their transactions and besides we hav so many exchange and can accumulate all the transaction even without  you mentioned.
But if you are saying all the exchange?then there will be a problem
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Will it be Zero?  Or just as much someone is willing to pay to buy btc
Ion think zero will The the basic price of bitcoin when it happens .because surely people will use other options









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September 08, 2019, 01:29:39 PM
 #7

What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀


Will it be Zero?  Or just as much someone is willing to pay to buy btc
P2P exchanges maybe, i heard in past there are p2p exchange that make people meet each other when they want to sell bitcoin to fiat. But decide price of bitcoin will be very hard because not much transaction can happen. Maybe bitcoin only can be assets that we can save in wallet like other investment. And then we look up buyer by ourself and do transaction p2p.

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September 08, 2019, 01:36:44 PM
 #8

hard to guess which affect less exchanges had on the price. if we wouldn't have so much exchanges now, we had less support. i don't really know or guess if the demand would be the same or less. So i think its all in the scale. more exchanges = more support & more demand -> less exchanges = less support & less demand - really hard to think about a scenario, i think everything what happened in terms of  adaption on bitcoin depends on some other actions in the past like: more exchanges -> more users -> more adaption -> more interest -> higher price.
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September 08, 2019, 02:19:50 PM
 #9

There are still other ways to buy Bitcoin. Exchanges are just another way to buy Bitcoins.

I can't imagine the situation where exchanges doesn't exist in the crypto world Cheesy since it has been existed already for a long time.

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September 08, 2019, 02:38:18 PM
 #10

What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀


Will it be Zero?  Or just as much someone is willing to pay to buy btc

If exchanges does not exist then the value of BTC would be the demanding price of people who wanted to acquire it.  Don't forget even without exchanges such as Binance and others, there is still this exchange method called peer to peer where people meet  up to exchange stuff.  In short.  It will not be zero because there will be demand for Bitcoin even though it won't be as huge and smooth if there is exchanges in the middle.
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September 08, 2019, 04:07:12 PM
 #11

All people here pertaining that Bitcoin will still have a value even without those exchange and other coins that tie in from it, And that is my thought as well Because when Bitcoin was established by the great Satoshi it already has a value or price, because of certain demand that has been established when Satoshi introduced it and how to acquired it by means of mining it. Well, an exchange site would surely make the price even higher and it just makes us have easy access to buying and selling bitcoin and other cryptocurrencies, Exchange site surely have come a long way and even provided us with something but its existence never provide Bitcoin in having value.
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September 08, 2019, 06:05:25 PM
 #12

What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀


Will it be Zero?  Or just as much someone is willing to pay to buy btc

nope, in my opinion without exchange bitcoin still valueable,
because people who interested to bitcoin will do peer to peer system to buy or sell bitcoin mate

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btc78
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September 08, 2019, 06:34:51 PM
 #13

What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀


Will it be Zero?  Or just as much someone is willing to pay to buy btc
There will be other way if the exchangers does not exist because bitcoin and cryptocurrency are not design for exchangers only,just like some local wallets that offers cryptocurrency buying directly from their platforms so what more if exchangers does not exist?
And besides exchange are just being used because of many available currencies and token can be bought but if they are not around for sure another one will be created for the cryptocurrency users to accumulate

But I don’t think this will possibly happen because currency are for investing and investments need exchange to progress

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September 08, 2019, 08:11:05 PM
 #14

Even if the exchange does not list Bitcoin on their platform, people still can do their own trade.
it is all not about the exchange but it is all about the demand, the demand itself determines the price. If nobody needs it, the price will eventually go to zero.
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September 09, 2019, 12:59:25 AM
 #15

Exchange functions to change the crypto currency into fiat money, and change the type of crypto that we have according to taste (BTC-Alt). If there is no Exchange, then our coins may not can changed, and it is difficult to determine prices because there is no comparison of market prices

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CryptoBry
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September 09, 2019, 05:37:06 AM
 #16


Cryptocurrency exchanges came into business because they foresee the big demand of the market for Bitcoin and other coins or tokens. There is no question that this is a win-win situation relationship. Naturally, the demand of the people for Bitcoin can easily be meet with the help of exchanges like Binance. Now, IF Binance did not come into the existence and become one of the top there is, the most probability is that there can be another entity right now occupying the same spot. This is just a natural progression of things and actually Binance is just filling in a vacuum using good management and always using their creativity in coming up with new offers.
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September 09, 2019, 06:10:09 AM
 #17

Exchanges, is just a platform to allow people to trade coins to coins more conveniently
But of course exchanges does really "improve" the price because of how they gather alot of liquidity which allows for easy flow trading

However, i guess BTC price wouldn't really get affected much because it shall be P2P at first instead of passing your coins to someone you have no idea
Why would us need to pass our coins to other's when we can directly transfer to the buyer? Security and Trust is the issue

Hence, Exchange does affect the price but would not be the main reason for the Bitcoin to become priceless
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September 09, 2019, 09:17:41 AM
 #18

Exchanges, is just a platform to allow people to trade coins to coins more conveniently
But of course exchanges does really "improve" the price because of how they gather alot of liquidity which allows for easy flow trading

However, i guess BTC price wouldn't really get affected much because it shall be P2P at first instead of passing your coins to someone you have no idea
Why would us need to pass our coins to other's when we can directly transfer to the buyer? Security and Trust is the issue

Hence, Exchange does affect the price but would not be the main reason for the Bitcoin to become priceless

yes, P2P exchange is the best options, when there is no exchange to trade bitcoin or other coin

@OP: without exchange i believe bitcoin will always have value  Wink

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September 09, 2019, 09:19:03 AM
 #19

If there is no more exchanges, people would not buy bitcoin and altcoins. Only people having cryptocurrencies into their wallet would want to exchange it.
They would completely lose their value i think. Because traders and speculators would not buy cryptocurrencies. And maybe 10000 bitcoin would not be accepted for a pizza...
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September 09, 2019, 10:00:28 AM
 #20

I think without exchanges, the price would certainly be lower because it would remove all the speculative trading.

It wouldn't be zero though because there is a cost associated with mining. So the price would have to be more than the mining cost, or else everything would grind to a halt. There would I imagine always be some demand for BTC, particularly if a low price makes it attractive.

In the end it is all based at the moment on expectation of future value. For so long as there is a solid use-case then bitcoin will retain value.






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