i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!
Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.
Topic: If no one spends bitcoin what might happen? - page 38. (Read 52605 times)
If no one spends bitcoins at all then the price of bitcoins will rise a lot .well thats not gonna happen near soon as people reply on bitcoins a lot for their daily uses and people who want to be rich a lot in the future wil not be using bitcoins.
I think the price of bitcoins will go down because of the number of people is few in using it the price of bitcoins is depends on how many people using it and what happened in the market and how people need it thats why the bitcoin is now very high because of people who uses it and the people will control the bitcoin price it's not random.
You have the point and i think yeah it can be decrease because many business online will stop giving a service because they dont have any customer about bitcoin.. if we are just all holding bitcoin because we are making benefits of the price increase i think decrease of business online that can affect the economy of bitcoin..
That's a good question, it is a big problem. I think the cause of it is that everyone seems to be holding them as an investment rather then actually using them to buy things. As the average person starts using them this problem to go away.
I think the price of bitcoins will go down because of the number of people is few in using it the price of bitcoins is depends on how many people using it and what happened in the market and how people need it thats why the bitcoin is now very high because of people who uses it and the people will control the bitcoin price it's not random.
If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.
That's for sure to happen if all of us will totally ignore the usage of bitcoin and that is going to be like no use at all. And most of the people will look for some other things that can be useful for all of us, just like how we use bitcoin. Since bitcoin is the father of all crypto's for sure there is a domino effect to all alts if it will be dumped.
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If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.
That's for sure to happen if all of us will totally ignore the usage of bitcoin and that is going to be like no use at all. And most of the people will look for some other things that can be useful for all of us, just like how we use bitcoin. Since bitcoin is the father of all crypto's for sure there is a domino effect to all alts if it will be dumped.
If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.
That's for sure to happen if all of us will totally ignore the usage of bitcoin and that is going to be like no use at all. And most of the people will look for some other things that can be useful for all of us, just like how we use bitcoin. Since bitcoin is the father of all crypto's for sure there is a domino effect to all alts if it will be dumped.
if no one spend their bitcoin then bitcoin price will be too much high but then bitcoin adoption will be too much slow and no one can be get profit from bitcoin easily and then i think people do not take interest in bitcoin.
if no one spend their bitcoin then bitcoin price will be down, if no one spend bitcoin demand for bitcoin will falls . The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls
if no one spend their bitcoin then bitcoin price will be too much high but then bitcoin adoption will be too much slow and no one can be get profit from bitcoin easily and then i think people do not take interest in bitcoin.
if no one spend their bitcoin then bitcoin price will be down, if no one spend bitcoin demand for bitcoin will falls . The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls
if no one spend their bitcoin then bitcoin price will be too much high but then bitcoin adoption will be too much slow and no one can be get profit from bitcoin easily and then i think people do not take interest in bitcoin.
if no one spend their bitcoin then bitcoin price will be down, if no one spend bitcoin demand for bitcoin will falls . The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls
i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!
Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.Not really need to spend it, just take a look to commodities like oil, gold etc
They did not spend it but the market is live and the price interestingly keep growing
So does with bitcoin too i guess , not necesarry to spend it just encouraged.
i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!
Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.I can see two situations for this, first is that no one spends bitcoin because probably all of us are holding it and the possible thing to happen is that the price of bitcoin will increase as there is lesser supply in the market, only if the demand is high. And second, no one spends bitcoins for it is going to be total worthless and we all know what well happen if something doesn't value.
i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!
Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.I can see two situations for this, first is that no one spends bitcoin because probably all of us are holding it and the possible thing to happen is that the price of bitcoin will increase as there is lesser supply in the market, only if the demand is high. And second, no one spends bitcoins for it is going to be total worthless and we all know what well happen if something doesn't value.
if no one spend their bitcoin then bitcoin price will be too much high but then bitcoin adoption will be too much slow and no one can be get profit from bitcoin easily and then i think people do not take interest in bitcoin.
i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!
Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.I can see two situations for this, first is that no one spends bitcoin because probably all of us are holding it and the possible thing to happen is that the price of bitcoin will increase as there is lesser supply in the market, only if the demand is high. And second, no one spends bitcoins for it is going to be total worthless and we all know what well happen if something doesn't value.
it can't happen because of the reason you said early, people are greedy and want to spend, otherwise why holding bitcoin in the first place? when they will be satisfied with the value they hold they will spend their coin
i also think that whales will spend more, they have more they can afford to spend their coin, poor holder will not spend them until value is very high, it will be balanced
i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!
Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.I can see two situations for this, first is that no one spends bitcoin because probably all of us are holding it and the possible thing to happen is that the price of bitcoin will increase as there is lesser supply in the market, only if the demand is high. And second, no one spends bitcoins for it is going to be total worthless and we all know what well happen if something doesn't value.
i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!
Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin. It's necessary to understand that the price is a result of supply and demand, so if people stop selling Bitcoins, the price would rise, as long as the network continues to function efficiently, of course. But a situation where no one sells Bitcoins would not be possible because miners need to sell it to pay the mining costs.
That's the basic definition on how the price will react, without demand the price will be low. And if no one spends bitcoin, it means it's not precious anymore and the value is not good so eventually it will just die and new coins will be valuable then. 
It's necessary to understand that the price is a result of supply and demand, so if people stop selling Bitcoins, the price would rise, as long as the network continues to function efficiently, of course. But a situation where no one sells Bitcoins would not be possible because miners need to sell it to pay the mining costs.
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