Post
Topic
Board Bitcoin Discussion
Re: If one day BTC cannot be traded for cash, what will you do?
by
MingLee
on 30/08/2016, 16:02:33 UTC
I really dont want to think about that for whatever reason but if it eventually happens, I am sure there will be another way to use the bitcoin in which we are all going to go for. But its going to be a great setback...
well it would be really bad then because a lot of people would be disappointed and stop using bitcoins at all as it wouldnt make them earn big money
Well a lot of people would have to stop because it wouldn't have any value to them anymore, and a lot of the traders would have to go and find a way to recoup their losses if they weren't able to bring their funds out of Bitcoin before people stopped trading. Maybe some face-to-face traders would exist afterwards, but chances are everyone would be trading at a considerably lower value.