Do you mean that people holds? Then i think bitcoin would be useless.However that is merely impossinle that there woild be no bitcoin user who is going to use it.
You are right bitcoin will be useless if everyone hold and no one will be here to use bitcoin. If we want the success of bitcoin then we need some use of bitcoin in market to increase the demand.
Topic: If no one spends bitcoin what might happen? - page 31. (Read 52578 times)
Do you mean that people holds? Then i think bitcoin would be useless.However that is merely impossinle that there woild be no bitcoin user who is going to use it.
You are right bitcoin will be useless if everyone hold and no one will be here to use bitcoin. If we want the success of bitcoin then we need some use of bitcoin in market to increase the demand. 
Do you mean that people holds? Then i think bitcoin would be useless.However that is merely impossinle that there woild be no bitcoin user who is going to use 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
The price will go down because people will lose interest in bitcoin if it happens. That is why though it is good to hold bitcoin, it is still hurting its economy if no bitcoin is used for purchase. It is good if there is more merchandisers that will adopt bitcoin so that more will be encourage to use and spend bitcoins.
Bitcoin will die. Same with any other currency, if there's no one using it, there's no reason for it to exist.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
That will be the extreme result or end if no one will spend their bitcoin and just hold it. If there were no sellers there will be no market. Seller and buyers are necessary to create a market that is founded on supply and demand. Bitcoin though it is a currency it is still considered to be a commodity. But this kind of commodity will not have a value if nobody sells it.
If no one spends Bitcoin then it will automatically become useless and loose its value completely. I hope we don't get there because that will be terrible and it will spell doom for Bitcoin.
I agree, many people say that if we stop spending bitcoin the price will eventually go up and they can make profit saving bitcoin for a really long time, but everyone does that the bitcoin will die, the demand is going to go up and so is the price and people will get greedy and wait a bit more until no one becomes interested in it.If there is no use for the bitcoin , the price will drop to zero.
If no one spends Bitcoin then it will automatically become useless and loose its value completely. I hope we don't get there because that will be terrible and it will spell doom for Bitcoin.
I agree, many people say that if we stop spending bitcoin the price will eventually go up and they can make profit saving bitcoin for a really long time, but everyone does that the bitcoin will die, the demand is going to go up and so is the price and people will get greedy and wait a bit more until no one becomes interested in it.In some sense, pausing entire bitcoin system will not give any benefits to bitcoin community as well as for system itself. So, not spending also might be giving same results in long run.
If no one spends Bitcoin then it will automatically become useless and loose its value completely. I hope we don't get there because that will be terrible and it will spell doom for Bitcoin.
well BTC is a currency based on the community, as nobody can force the people to use it (governments can force you to use fiat, f.e. to pay taxes) it would simply die.
while this may be evidence that very few people who spend a bitcoin. it makes bitcoin prices become higher. If this continues to happen, and there is no panic selling, I think the price will exceed $ 1,300 in a few days.
I think that the price of the Bitcoin will stand still or even become less worth. Because no one uses it, it can't grow in worth.
But I personally don't think that this day will come because there are many people that use Bitcoin and this can only happen if the internet gets shut down for days all over the world.
i think the op want to know that if all the people stop using bitcoin mean that no one is ready to sell their bitcoin, then what will happen. so i will like to add that if all the people of the world will stop using bitcoin and will hold it, then the demand of bitcoin will continuously increase which will also cause the price to increase. But I personally don't think that this day will come because there are many people that use Bitcoin and this can only happen if the internet gets shut down for days all over the world.
If no one spends bitcoin then the price fluctuation wont happen and we wont see the worthiness of keeping bitcoins as investment, only when the coin is traded only will keep the bitcoin live, and if everyone thinks that bitcoin is digital currency then automatically to enjoy digital currency you have to expense it, That why the main reason is that gambling sites, porn web cam sites are doing good business as their is worth in bitcoin
If no one would spend bitcoin,
I think it would be worthless or priceless since no one would be using it.
It will depends mate, but I guess it would not happen because for sure people gonna notice that then they gonnaI think it would be worthless or priceless since no one would be using it.
sell their coin convert into fiat and the demand of bitcoin will be low and the price will continue to crash down and so to other coins because bitcoin is so huge to be easily beaten. And if so, the bitcoin will gonna be worthless to crypto world.
If no one spends bitcoin then the cycle of the supply of bitcoin will not be obeyed and it will affect the market a lot because there is nothing or only few supply of bitcoin in the market then because of the high demand of buyers of bitcoin, the price will be high and that will be good for people who have a lot of bitcoin but those who are just getting started in bitcoin and trying to invest then it will be the worst case scenario for them.
If no one would spend bitcoin,
I think it would be worthless or priceless since no one would be using it.
I think it would be worthless or priceless since no one would be using it.
Bitcoin will die. Same with any other currency, if there's no one using it, there's no reason for it to exist.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
I think bitcoin will be really worthless without any users. If there are no demands, then there are low price and and so low users. Wonder what will be the new digital currency that will hit better than bitcoin.
simple the system of bitcoin network would collaspe and there will be the ending of bitcoin.fortunately we are not going to face such days. we always hope the best in bitcoin and its progress.
I think that the price of the Bitcoin will stand still or even become less worth. Because no one uses it, it can't grow in worth.
But I personally don't think that this day will come because there are many people that use Bitcoin and this can only happen if the internet gets shut down for days all over the world.
But I personally don't think that this day will come because there are many people that use Bitcoin and this can only happen if the internet gets shut down for days all over the world.
Bitcoin will die. Same with any other currency, if there's no one using it, there's no reason for it to exist.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
I think bitcoin will be really worthless without any users. If there are no demands, then there are low price and and so low users. Wonder what will be the new digital currency that will hit better than bitcoin.
Bitcoin will die. Same with any other currency, if there's no one using it, there's no reason for it to exist.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
Bitcoin is more than just a currency tool. Nothing wrong with people just using Bitcoin for investment purposes or as store of value. In that regard, there won't be a time with no transactions unless Bitcoin becomes completely obsolete and people simply move on to something else. That's the exact reason why updates as Segwit and Lightning Network will get (or might get as the situation is still uncertain at this point) implemented. That's the beauty of Bitcoin's open source nature.
Jump to: