Topic: If no one spends bitcoin what might happen? - page 36. (Read 52578 times)
Most likely the bitcoin will go to a lower point and maybe even crash to a very low amount, this can really happen for sure!
At this stage i may say its impossible no one spend or use their bitcoin, several people had bought bitcoin at 300-700 dollars, at the moment all of them are in profit, and i doubt with the recent dump some of them will risk wait what will happen with bitcoin value this week. But saving wont affect at all bitcoin, it will be better since will have less coins into the exchanges and that means as well less risk being taken.
We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy
like in real economy
Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..
It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.
We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy
like in real economy
Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..
It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.
That is the reason I persuade my friends to use the bitcoin and not to trade.
We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy
like in real economy
Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..
It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.
That is the reason I persuade my friends to use the bitcoin and not to trade.
We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy
like in real economy
Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..
It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.
Like other asset, we need to spend/use the btc. Otherwise BTC will start to loose popularity. In short term, holding BTC will make BTC more expensive. There will be a good demand and some people among us will buy BTC at very high price. But if we stop to spend BTC in very long term, many people will turn their face away from btc. But I think, this is not going to happen. There will always be a user of btc either a buyer or a seller.
Yup we should do publicity for Bitcoin. Becasue not only in my country in other countries also many people don't know what bitcoin is. And press media and tele media also not supporting to bitcoin. They are not doing any publicity for this bitcoin. So those who know about bitcoin, please share with others and make more bitcoin users. Then only the bitcoin will get more value.
I think if no one spend bitcoin value would be stagnant. It will not lose any value it had or will not increase it value. If for a long time that no one uses bitcoin it would just be forgotten.
Like other asset, we need to spend/use the btc. Otherwise BTC will start to loose popularity. In short term, holding BTC will make BTC more expensive. There will be a good demand and some people among us will buy BTC at very high price. But if we stop to spend BTC in very long term, many people will turn their face away from btc. But I think, this is not going to happen. There will always be a user of btc either a buyer or a seller.
That is why I encourge my friends to use the bitcoin.
Like other asset, we need to spend/use the btc. Otherwise BTC will start to loose popularity. In short term, holding BTC will make BTC more expensive. There will be a good demand and some people among us will buy BTC at very high price. But if we stop to spend BTC in very long term, many people will turn their face away from btc. But I think, this is not going to happen. There will always be a user of btc either a buyer or a seller.
If no one is spending, nothing will happen, but if no one is buying BTC thats a major problem when the demand is gone and the supply is too big for the BTC users. it will doomed BTC value in the long run
Yes but there is one more. If no one spends then where do those buyers will get a bitcoin if it will all be stuck in our wallet only? That is like a domino effect. So everything should be balanced here.
If no one is spending, nothing will happen, but if no one is buying BTC thats a major problem when the demand is gone and the supply is too big for the BTC users. it will doomed BTC value in the long run
If no one spend bitcoin, it will gives bad impact to bitcoin. Without good circulation, the hoarder will influence bitcoin price easier. I think the important thing is not just circulation but spreading is important too.
no one did spending of course it would be very helpful. because demand may be a result of their spending. if spending does not exist then the demand will decrease. and you know what will happen to the price of bitcoin
I dont see to many people spending their Gold these days either and its been doing just fine . 
If no one spend bitcoin, it will gives bad impact to bitcoin. Without good circulation, the hoarder will influence bitcoin price easier. I think the important thing is not just circulation but spreading is important too.
Yes spreading or letting others know that there is a bitcoin existing that help them financially and everything with their transactions. And you said the possible thing that can happen for real. Just think about these days that those individuals or groups that are holding a lot of bitcoins has making big impact to the price of bitcoin, they are going to have more power when no one is spending it.
Spending the bitcoin and the retailers can keep the bitcoin for some time, that will ease the pressure to sell in exchanges.
We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy
like in real economy
Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..
It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.
If these cryptowhales spend their bitcoins buying some luxury things like Tesla cars and then the seller converts the proceeds back to fiat, in my view, it wouldn't be any different if the whales themselves first converted their stash to fiat and then bought what they wanted directly with fiat. There may be some nuances of course, but the bottom line would be mostly the same.
If no one spend bitcoin, it will gives bad impact to bitcoin. Without good circulation, the hoarder will influence bitcoin price easier. I think the important thing is not just circulation but spreading is important too.
Yes spreading or letting others know that there is a bitcoin existing that help them financially and everything with their transactions. And you said the possible thing that can happen for real. Just think about these days that those individuals or groups that are holding a lot of bitcoins has making big impact to the price of bitcoin, they are going to have more power when no one is spending it.
We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy
If people start holding their bitcoin the price will go up , but that doesn’t mean that it will stay going up instead at some point the price will go down and this is mainly due to the reason that there will demand on bitcoin and if the price goes really high they will lose that demand and that is why there bitcoin community is divided between spenders and the one that saves it.like in real economy
If no one spend bitcoin, it will gives bad impact to bitcoin. Without good circulation, the hoarder will influence bitcoin price easier. I think the important thing is not just circulation but spreading is important too.
We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy
If people start holding their bitcoin the price will go up , but that doesn’t mean that it will stay going up instead at some point the price will go down and this is mainly due to the reason that there will demand on bitcoin and if the price goes really high they will lose that demand and that is why there bitcoin community is divided between spenders and the one that saves it.like in real economy
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