Topic: If no one spends bitcoin what might happen? - page 29. (Read 52578 times)
Bitcoin will be useless if everyone stop from supporting it, if there's a new system which is better from it. But it will not happen for now because BTC is beneficial and has a great potential for long term. If an altcoin replaces the position of bitcoin then it would slowly down until user stop using it.
At this stage its impossible to stop trading and spending with bitcoin, i doubt anyone will stop buying and selling knowing that the coin is worthing 1200 dollars, its like win lotery and dont claim the prize.
Bitcoin might find some big issue over the time, something that the core should handle fast as possible, but even with some issue bitcoin remains strong and its hard to believe from one moment to another people will left it.
although it is now becoming more and more difficult to stop people from using bitcoin. but still perhaps people stop using bitcoin , then there are can be one possibility and that is the bitcoin will become useless. but hope this will never happen. Bitcoin might find some big issue over the time, something that the core should handle fast as possible, but even with some issue bitcoin remains strong and its hard to believe from one moment to another people will left it.
If no one spends bitcoin then its price will be stable or it will be low. But, people nowadays wants a favorable and convenient transaction which bitcoin can offer. So there will always be high demand for bitcoin.
If won't be stable since no one spends bitcoin then probably the next thing that will happen is that. It will be down to no value, we are just looking for the possible thing that will happen if no one will use it, no users = no demand .That's why it will be dead very soon.
We are just assuming and I know that this is not going to happen at all. But if we will look at this situation I really can see that if there's zero demand, there were people that will try to do something to make this on hype again. Oh well, let's get back to reality if bitcoin will not be used, then there's another coin that we'll be using.
At this stage its impossible to stop trading and spending with bitcoin, i doubt anyone will stop buying and selling knowing that the coin is worthing 1200 dollars, its like win lotery and dont claim the prize.
Bitcoin might find some big issue over the time, something that the core should handle fast as possible, but even with some issue bitcoin remains strong and its hard to believe from one moment to another people will left it.
Bitcoin might find some big issue over the time, something that the core should handle fast as possible, but even with some issue bitcoin remains strong and its hard to believe from one moment to another people will left it.
If no one spends bitcoin then its price will be stable or it will be low. But, people nowadays wants a favorable and convenient transaction which bitcoin can offer. So there will always be high demand for bitcoin.
If won't be stable since no one spends bitcoin then probably the next thing that will happen is that. It will be down to no value, we are just looking for the possible thing that will happen if no one will use it, no users = no demand .That's why it will be dead very soon.
In the end those people who holding bitcoin will sell their bitcoin and affecting the market.
As a result price of bitcoin keep dropped and noone have interest in bitcoin.
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 don't think that we will stock in one price, The price value will possible be drop and if that happen many of the community will get panic on it. together with the investors but not all, for sure some will still take the chance to buy more of bitcoin even the value is decreasing. 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
If no one spends bitcoin then its price will be stable or it will be low. But, people nowadays wants a favorable and convenient transaction which bitcoin can offer. So there will always be high demand for bitcoin.
If won't be stable since no one spends bitcoin then probably the next thing that will happen is that. It will be down to no value, we are just looking for the possible thing that will happen if no one will use it, no users = no demand .That's why it will be dead very soon.
If no one spends bitcoin then its price will be stable or it will be low. But, people nowadays wants a favorable and convenient transaction which bitcoin can offer. So there will always be high demand for bitcoin.
If won't be stable since no one spends bitcoin then probably the next thing that will happen is that. It will be down to no value, we are just looking for the possible thing that will happen if no one will use it, no users = no demand .That's why it will be dead very soon.
If no one spends bitcoin then its price will be stable or it will be low. But, people nowadays wants a favorable and convenient transaction which bitcoin can offer. So there will always be high demand for bitcoin.
If won't be stable since no one spends bitcoin then probably the next thing that will happen is that. It will be down to no value, we are just looking for the possible thing that will happen if no one will use it, no users = no demand .That's why it will be dead very soon.
If no one spends bitcoin then its price will be stable or it will be low. But, people nowadays wants a favorable and convenient transaction which bitcoin can offer. So there will always be high demand for bitcoin.
It seems that your are late to the 'bitcoin is cool' party, there is no l longer something like "a favorable and convenient transaction".You either pay a hefty fee or wait 2 days for your transaction to be confirmed.
i think it is not possible because everyday people spends their money everywhere, they need to spend to supply their needs to buy their food, neccessities and many more. bitcoin must be spend in order for it to circulates
The thing is, people are using fiat money for that, or at least should be doing so, using bitcoin when you don't have to is stupid idea.
Buy groceries with deflationary currency is shooting yourself in the foot.
https://cointelegraph.com/news/bitcoin-price-will-triple-gold-in-2018-silver-achieves-parity-with-gold-clif-high
If no one spends bitcoin then its price will be stable or it will be low. But, people nowadays wants a favorable and convenient transaction which bitcoin can offer. So there will always be high demand for bitcoin.
Well that won't happen especially anytime soon!
Cause with the announcement today on the approval of the biggest thing since the halving last year which was going to be huge this one will not fail. Well it must not or the bottom of bitcoin will fall without being able to recover ever again. This time around.
Cause with the announcement today on the approval of the biggest thing since the halving last year which was going to be huge this one will not fail. Well it must not or the bottom of bitcoin will fall without being able to recover ever again. This time around.
I always thought that if nobody sold any bitcoin then price would rise because anyone who is on demand for bitcoin would have to pay more to try and convince people to sell so i suppose as long as the demand is their then price will go up.
Could also depend, if people use bitcoin they have had for years and a shop accepts it then cashes out to get fiat then price would go down.
If nobody and no one will sell bitcoins bitcoin price will be stable because there are no price updates on markets which is cause by buying or selling bitcoinsCould also depend, if people use bitcoin they have had for years and a shop accepts it then cashes out to get fiat then price would go down.
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 that the price is going to be stable then if no one is going to spend a coin and I hate it when the price is stable because it is boring. 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 know that you have to be patient with Bitcoin but sometimes the price can be stable for a long time.
I totally agree. I hate refreshing most of the time just to see if it is really not moving. Sometimes I thought my PC is just frozen but when I checked it out it really didn't move. Nothing to do if that shit happens.
Bitcoin probably stay what its value everyday because of the demand usage, and people is the who responsible for its value. If no one spend bitcoin there would be no bitcoin as well as the most sad part is that probably bitcoin will never invented. Some people who got rich because of it might be nothing now. Some companies, shops and establishments might nothing to spend and gain today. No one will ever know if that's happen but I'm sure because of the usage of bitcoin today it will never ever die ang people are continuing to use it for their everyday needs as well as for their wants. Goodluck Bitcoiners!
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i am not sure that people don't want to sell their bitcoin if they see the good price like now or upto $12xx but maybe there is people which is not want to sell their bitcoin or spend to buy something. but for sure if there is no one spends bitcoin, i think its because people don't want to spend and they only want to save more bitcoin so they can have much of bitcoin in their wallet.
I want to believe people are really busy with bitcoin for the sake of meeting one need or the other,and apart from the fun of it, its motivation is to see the value rising. but if it be that no one spends,apart from the fact that bitcoin value will be retarded it could also crash.
In my opinion, the number of bitcoins in circulation will still affect its value. Let's say all of us do not spend a dime (or a bitcoin rather) but miners keep on producing bitcoins, the price or value may still decrease or increase. Unfortunately, I am not smart enough to analyze it.
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 it is not possible because everyday people spends their money everywhere, they need to spend to supply their needs to buy their food, neccessities and many more. bitcoin must be spend in order for it to circulates
I always thought that if nobody sold any bitcoin then price would rise because anyone who is on demand for bitcoin would have to pay more to try and convince people to sell so i suppose as long as the demand is their then price will go up.
Could also depend, if people use bitcoin they have had for years and a shop accepts it then cashes out to get fiat then price would go down.
If nobody and no one will sell bitcoins bitcoin price will be stable because there are no price updates on markets which is cause by buying or selling bitcoinsCould also depend, if people use bitcoin they have had for years and a shop accepts it then cashes out to get fiat then price would go down.
I always thought that if nobody sold any bitcoin then price would rise because anyone who is on demand for bitcoin would have to pay more to try and convince people to sell so i suppose as long as the demand is their then price will go up.
Could also depend, if people use bitcoin they have had for years and a shop accepts it then cashes out to get fiat then price would go down.
If nobody and no one will sell bitcoins bitcoin price will be stable because there are no price updates on markets which is cause by buying or selling bitcoins Could also depend, if people use bitcoin they have had for years and a shop accepts it then cashes out to get fiat then price would go down.
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