What happens if people stop buying bitcoin?

[Domithra]

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.

[jekjekey]

I think bitcoin wll disappear it may that happen because no one can still invest in btc so probably its gonna happen.

[RianDrops]

I think bitcoin wll disappear it may that happen because no one can still invest in btc so probably its gonna happen.

I think of that too.

[Lyfuuuuu]

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 ever that will happen, then for sure bitcoin will end, for there will be no demand, meaning the supplier will stop also in creating crypto currency. But that kund of situation is very impossible to happen, because bitcoin has a very strong foundation.

[Grawixy]

The same would happen to bitcoin as happens with any asset for which there is no demand. Its value goes to zero. Frankly I would not be surprised if that happened as there are many altcoins coming up with a better and scalable blockchain, but being first on the market obviously counts for something. Its existence could be assured if some government decided to collect taxes only in BTC:) No interest for that though as governments would rather issue their own cryptocurrencies. And make mining bitcoins an offense to boot. Anyhow, I wish bitcoin a long reign because I appreciate the effort that went into it and the intent.

[Claus]

This will really be painful.  Having the Bitcoin but no buyer.  Not even at a lower price

[cryptothief]

Same question I have seen in multiple forums, and it is a muppet question. What happens if people stop buying anything? If there are 21million houses in the world, at what point do you decide you would rather rent? Surely you would rather own.

[isomoyes]

I really freaky to think about it . Like there are more food but no one hungry 😋. So it really unbelievable to think of it.

[moonking]

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 ever that will happen, then for sure bitcoin will end, for there will be no demand, meaning the supplier will stop also in creating crypto currency. But that kund of situation is very impossible to happen, because bitcoin has a very strong foundation.

It will survive just fine if the general public stops buying it, it lived well and prospered as a black market currency before all the normal traders got into it.

[fulled]

Price will down, cryptocurrency might be totally dead, but i think its imposible for people to not buying bitcoin, bitcoin is future tech, many people will come to buy bitcoin in near future, i believe it

[Miftakhul2]

if for example no one has bought bitcoin at all for years, then the bitcoin price will go down so it will die bitcoin ,, investment or buy bitcoin will affect the price and development of bitcoin .

[Doctor]

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 the people stop buying bitcoin, I think The demand if bitcoin will decrease and the price will go down.

[Taufik hidayat]

Saya pikir jika org berhenti membeli bitcoin... itu sama halnya dengan apakah orang tersebut lebih suka menyewa? Atas emiliki bitcoin tersebut? Jadi kesimpulannya mempratinjau dimasa skrg Pasti semua orang akan lebih banyak membeli bitcoin. Dikarnakan rasa ingin memililiki.. bukan untuk menyewa... saya percaya akan hal itu.

[Alcor]

If people stop buying bitcoin, demand will fall much, which means that the price will fall. He will lose price dominance over other types of kriptovaljut because of a drop in his level of capitalization. If it is not bought at all, which can not yet be, then its price will fall to the level of total devaluation.

[Bit]

It will be a nightmare. I can't imagine how bad the price of Bitcoin when people stop to buy it. But I don't think it will happen since Bitcoin is already needed by many parts of life today.