Topic: If no one spends bitcoin what might happen? - page 18. (Read 52574 times)
Less supply and high demand equals price surge. I know that a lot of wealthy investors made a move like burying or locking their btc on a ledger nano so expect it to happen.
Share your ideas here. 
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Check it out here
It is like hoarding some goods so definitely the price of bitcoin will become much higher.In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out here
Share your ideas here.
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Check it out here
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out here
my speculation on your question sir because bitcoin are continues to increase good hold bitcoin to get the interest profits as savings the stability of bitcoin so far stroger than any investment i think before the end of this month the holder spend the bitcoin the reason is panicking about fork and bitcoin sligthly dump but i do not sure if this coming fork goes dump again and i believe bitcoin goes strong even have a fork hoping for the bitcoin stable the price during the fork.
if no 1 spends bitcoin the price tag will increase more quickly than it is right now.offer x demand legislation, i am fairly sure desire will maintain rising and if no one spends will be like source minimizing(like what happened to sprint with masternodes)
Any currency will be in the market until it is being circulated from people. If everyone leaves it then it will be the addresses than to be in an exchange or for a service.
That is true, However people won't stop making transactions vis bitcoin. They may not spend it on any sort of service but they can buy it and just transfer it to some relatives who are living across the world. Also, not a lot of bitcoiners are really spending satoshis on daily needs. Everyone is holding it from the future because of the increasing prices. They want to earn good profits. 
It will probably be collected like a hill or a mountain which is why they share it with us who are less able or less money we need, whether we reject it may not.
Share your ideas here.
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Check it out here
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out here
I think the amount of resources not being spent by people who hold their coins is only about 30-50% of their income resources since we have daily basic needs and a portion of wants goes also from cash etc. I don't think it will affect the economy that much.
If it means that everyone is holding their bitcoins that is why no one is spending, then bitcoin will surely rise. Thats the law of supply and demand, if no one will spend their bitcoin, then bitcoin volume will lessen, making its price higher The more people hold their bitcoins, the more it will become rarer.
I see it this way:
If the people trade the BTC, buy and sell goods with the Coin, so the Coin is circulating, it becomes more well-known and by the trade with the goods a real added value is created, thereby the BTC price rises.
If everyone keeps his BTC and does not put into circulation, there is no real value / value and the price can not go up.
maybe if no one spend bitcoin, bitcoin price will be more valueable because bitcoin is going to be rare thing. and people will race to get it and save it as much as they can
Theoretically, if no one spends Bitcoin then the price of Bitcoin will increase because of no one is spending Bitcoin for fiat or another currency. This will means the supply of Bitcoin in exchange getting more scarce and scarce each day which will drive the price up. Since Bitcoin is not a country's official currency, nothing will happen to the economic activity of any country, the only thing that will be affected is Bitcoin price.
If no one will spend bitcoin, i guess the price of this currency will go down or it will slowly lost its value. But i think that will not happen, Now a days people are introduced to bitcoin and if they are interested they will find a ways to earn and spend it. There are also a lot of people who are into trading and gambling, so it is impossible for them to gain or earn something without spending first.
It could go down, but it doesn't have to. Perhaps Bitcoin is seen as more valueable than conventional types of currency and so people are saving their ''good money'' and getting rid of the ''bad money''. It just means that Bitcoin is appreciated as to have a higher value. So to get people to spend their ''good money'' they will have to come with something good.
Such as gold, real estate, silver or other types of goods. It also would mean for anyone who wants to buy or sell bitcoin that they would get or buy at a higher price.
It is like giving someone who's in a country with a low valued currency a euro for the equivalent worth of their currency. Now really that currency is so bad that its virtually worth nothing and the euro will go underground so to speak. Cause the more that low valued ''bad currency'' becomes even less appreciated the more the euro will buy you.
If no one spend Bitcoin, it's price will go down. In crypto currency market, crypto price go down, when people do not want to buy or spend appropriate currency. But currently we have something different - Bitcoin price go up, right now it's price is 4468 USD - http://preev.com/.
Share your ideas here.
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Check it out here
I think the price of bitcoin will be stable or go down because few people quit or not spending their bitcoin. The ecomy of bitcoin will decrease if that situation will happen. In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out here
Share your ideas here.
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Check it out here
It might go the other way around, I guess. Look, if everyone is holding their bitcoins then that means the demand will increase while the supply stays low. But honestly, I don't think this will happen - people who earn bitcoins will certainly be excited at some point to spend it to something they badly wanted. Earning bitcoins is not much different from earning salary in a day job, except for taxes. In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out here
Share your ideas here.
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Check it out here
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out here
I see here that there s a greater of chance of having its value stable or stucked at a certain price. Why? Because if bitcoin price started to go down, many bitcoin holders will start to sell there bitcoins in fear of getting there bitcoin at its lowest value possible. Thus, when some sells bitcoin pricewill start to grow up again. This is why I believe that not spending bitcoin will be possible for a long time, maybe a short time but never will be a long term problem.
The whole world is using bitcoin one way or the other for daily transactions worldwide so the situation is uncertain where no one is ready to spend on bitcoin. The Whole bitcoins is not handled by one individual so each person will be having different thought on what to do with bitcoins, if one person handles all the bitcoins then he might think of keeping all bitcoins for himself rather than spending them. some people might spend bitcoins when he thinks that he will get huge profit from investment, when no one is ready to spend bitcoins the value of bitcoins skyrocket to a peak as there is more demand of bitcoins in the crypto network.
Share your ideas here.
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Check it out here
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
Here is what happened when US citizens are saving too much.
Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out here
This is just my own view on the matter which is I think bitcoins will be stabilized a little bit and the price increase(continuous) would be controlled if no one spend bitcoins but it is not a good thing if it will happen for a long time. If it happened for a long time then its value would continuously decrease and time will come it will labeled as ""No Value". But I do think this won't happen unless someone instigated on doing this.
Who spends Bitcoin now? 96% of all BTC is held by 4% of users. Most of the rest is probably lost or held by signature campaigners.
The coin will eventually lose its value because no one wants it. A product has only value when its needed and if no one would buy it then it is useless. Bitcoin has no value in the beginning but later on, people see the value of it that's why it is has a significant value nowadays because it is what the agreed worth of the coin by the people. It may lose its value later on when something would make the people more interested in investing in like a new version of bitcoin or another altcoin. if we wanted to retain or increase its value then we should continue to support it.
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