Quote from: madainfamous on February 01, 2018, 01:40:56 PM

Quote from: shamzblueworld on October 31, 2017, 04:35:50 PM

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.

Bitcoin's market directly affects its value, once people stops buying some bitcoins, its price will decrease drastically and possible to lose its value if it continued. There would be less circulation of bitcoin around the market and will cause infastructures around bitcoin to lose interest on it since no one is already using it. Theoretically, it could be possible to happen but since we all know that bitcoin is just getting started, it is not possible for it to happen during this time.

Dramatically , Bitcoin stucked in an ankward situation when the South Korean's goverment found out that Bitcoin is concerning to some big money laundering case. The number is about 600 millions dollars , a huge investigation was open and it dragged the destiny of Bitcoin's holder into hell with that .
People stop buying Bitcoin cause of that scare, scare about the Legality of Bitcoin in the nearly future.