If no one spend bitcoins, all gambling sites, shops, services will stop working, market cap will go down and with that price also.
There is no way that everyone is holding bitcoins, many of us here are spending bitcoons almost every day, I spend it on gambling, or I convert them intoncash, what ever I do it's some sort of action.
Bitcoin is used for many things now, people are trading, buying selling, and this is hard to happen that bitcoin stuck cause people are just saving and not spending.
Topic: If no one spends bitcoin what might happen? - page 53. (Read 52622 times)
If no one spends bitcoins, rate will be stuck in one rate. people would always spend money though a lot of them may hold some
Not everyone in the community are holding bitcoins, and even if some of them are holding then they are not having all the coins with them, but most of the coins are in circulation and even the coins which are held in wallets would surely come out some day as everyone will have to sell them some time.
I assume the price will go up because they will become more rare/valuable?
The thing that could happen is that it will maybe get stable for a while but I do not think this is gonna happen honestly.
If the price rises a lot of people will sell it again and others will buy without any doubts.
If the price rises a lot of people will sell it again and others will buy without any doubts.
As quoted price won't get stable. The price of bitcoin starts to decrease gradually, if none spends it. The major reason is that the circulation of bitcoin decreases which needs to be in a increased range or in a stable manner. But such scenarios of continuous decrease due to such situations won't happen.
Methinks, there should be some temporal lag before the price starts to decline in earnest. At first, it might even be rising for some time because no one spending bitcoins would likely mean the supply side contraction. In other words, the demand for bitcoins would initially surpass the supply of them thanks to no one selling bitcoins. But ultimately it would collapse too since buyers would soon lose interest in bitcoins as well.
The thing that could happen is that it will maybe get stable for a while but I do not think this is gonna happen honestly.
If the price rises a lot of people will sell it again and others will buy without any doubts.
If the price rises a lot of people will sell it again and others will buy without any doubts.
As quoted price won't get stable. The price of bitcoin starts to decrease gradually, if none spends it. The major reason is that the circulation of bitcoin decreases which needs to be in a increased range or in a stable manner. But such scenarios of continuous decrease due to such situations won't happen.
In the basis economy there is saying that money have to work. Without this all the economy will just stack. I think if we will stop to use bitcoins all together the price for bitcoin will come back to it's beginning.
People are barely spending their coins already, so in that aspect not much will happen. The thing is that the majority of the people see Bitcoin purely as an investment tool. They have no incentive to spend their coins as their attitude is; I think the price will go up, so why should I spend my coins? That's how people think. The feeling that they might regret spending their coins as the price might go up after that, is what keeps holding them back.
The thing that could happen is that it will maybe get stable for a while but I do not think this is gonna happen honestly.
If the price rises a lot of people will sell it again and others will buy without any doubts.
If the price rises a lot of people will sell it again and others will buy without any doubts.
As quoted price won't get stable. The price of bitcoin starts to decrease gradually, if none spends it. The major reason is that the circulation of bitcoin decreases which needs to be in a increased range or in a stable manner. But such scenarios of continuous decrease due to such situations won't happen.
In the basis economy there is saying that money have to work. Without this all the economy will just stack. I think if we will stop to use bitcoins all together the price for bitcoin will come back to it's beginning.
The thing that could happen is that it will maybe get stable for a while but I do not think this is gonna happen honestly.
If the price rises a lot of people will sell it again and others will buy without any doubts.
If the price rises a lot of people will sell it again and others will buy without any doubts.
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
Then bitcoin will be stable, but useless. If noone spends it - it doesn't grow, or tumble, then noone would want to buy it, because there are no more reasons for investing money in it. 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
Is it ever possible to be stable and useless at the same time? Useless means worthless, which means it is not worth anything, and its price is zero. Do you mean stable at 0? If you mean that it neither grows nor tumbles, it would be useless only for traders. On the flip side, such stability would make lives of a lot of merchants a lot easier and could potentially attract a lot of new ones.
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
Then bitcoin will be stable, but useless. If noone spends it - it doesn't grow, or tumble, then noone would want to buy it, because there are no more reasons for investing money in it. 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 spend bitcoin obviously the size of blocks will be really low only including transaction of newly generated coin. But this will not happen for sure and is only hypothetical situation.
Maybe you can get charged for those bitcoins who have and pay some fees to continue using them or maybe if Bitcoin happens to dissapear, some one creates a new coin maybe they can convert those bitcoins you have so that you don't have money wasted. 
No one spending bitcoin seems like won't happen that easily. If that thing is to happen, there will be no movements on the coins price and might cause it's downfall since if everyone is gonna cancel their sell order and only buy order will prevail, the investors might not invest in it causing its price to dump easy without anyone selling I think so everyone shall spend since it is a decentralized currency.
If no one spends bitcoins, rate will be stuck in one rate. people would always spend money though a lot of them may hold some
So someone should also sell to make way for other people. Someone should use it and it might be sold by that person or company. It is also for bitcoin economy to let others get a hold of it.
If no one spends bitcoins, rate will be stuck in one rate. people would always spend money though a lot of them may hold some
what do you mean by not using, either they are holding or not taking interest it and therefore not even trading it, if you mean that they are holding it then the price of bitcoin will go up but if you mean that people are not taking interest then the price will certainly fell down.
I think this is a series of event. When people are holding it and not dare to spend or sell it the price of bitcoin will increase. Demand is more than the supply. But since bitcoin is not a necessity, if prolonged no movement, people might forget that bitcoin exist and move on with their life forgetting about bitcoin. If this happen bitcoin buy wall will be gone and bitcoin price will decline.
what do you mean by not using, either they are holding or not taking interest it and therefore not even trading it, if you mean that they are holding it then the price of bitcoin will go up but if you mean that people are not taking interest then the price will certainly fell 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
if no one will spend there bitcoin probably the price of bitcoin will decrease or it will stocked up by minimum price because we need to spend our bitcoin to trade into another crypto currencies but if we can't do this then the thing is we are going to be stocked.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
if no one will spend there bitcoin probably the price of bitcoin will decrease or it will stocked up by minimum price because we need to spend our bitcoin to trade into another crypto currencies but if we can't do this then the thing is we are going to be stocked.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
Jump to: