Post
Topic
Board Bitcoin Discussion
Re: If people stop buying bitcoin
by
stompix
on 01/11/2017, 16:11:25 UTC
If there is no demand then the price will go to 0$ but as mentioned above, that's unrealistic and impossible to happen.

Not that easily.
They just cut the demand it doesn't mean there is offer.
Unless anyone is eager to sell it's coins for 1$ the price will still be at 6000+.

For your doomsday scenario the op must add "and somebody decides to sell at 1c".

of course bitcoin will die and that like a nightmare, but I think that is difficult to happen because so many bitcoin user in the world and bitcoin most popular now. i hope bitcoin is never die and can survive for a long term..

Bitcoin can't technically die.
You need only a cpu miner and a copy of the chain and that is all it takes for the protocol to work continuously like it did when Satoshi was mining alone.

That is impossible to happen.As of now Bitcoin is hitting a high peak of its value more than what we are expecting and the demand for this is very high too.Though some instances it dumps or drop, it doesn't mean that it looses its value.Everybody knows its big potential and its useful as a digital currency.

Nothing is impossible, a lot of things that were claimed to be impossible happened in this world.
Especially when we talk about crypto this word "impossible" should be banned.
The possibility still exists, it is indeed small, it's a number you can ignore but it is there.