I believe in crypto currencies for the future. Though I think BTC will be traded differently, more like gold. It might not be used to purchase goods, but traded among people, like art, gold etc.
This is because there will be alts that suit the job as currency better,. but BTC will remain because of its status and name.
Topic: If no one spends bitcoin what might happen? - page 7. (Read 52621 times)
ot would be impossible if no one will be spending bitcoins. Same as our fiat money if no one will spend it, doea it also mean that we stop eating, drinking, paying our bills & so forth? If that's the case everything will fall and what will happen to us? Bitcoin or any other altcoins is also money if we don't use money to pay our employees nor spend any dime how can we live? So that's stupidity if no one will use their hard earned money to buy assets or liabilities.
It's price would go down.
Let's assume no one spends bitcoin BTC, this will certainly not help in rising the bitcoin price. The best is people should use bitcoin as a transaction method, that's when we can see more bitcoin popularity and hence there will huge demand for Bitcoin also.
Do you believe in the saying that: if there's a will there's a way??!
maybe new phone's brand will be introduce or new gadgets may introduced to the world and you can only buy it by using bitcoin then some bitcoin holder might be encourage to used his or her bitcoin....
maybe new phone's brand will be introduce or new gadgets may introduced to the world and you can only buy it by using bitcoin then some bitcoin holder might be encourage to used his or her bitcoin....
It's simple. I no one spends their BTC the system becomes frozen and will lead to collapse. However, I don't think this will happen. People are enthusiastic about using their BTC and investing as well
I think that will have a lot of impact on bitcoin. This will keep the cost of the bitcoin intact and unchanged. That is a disadvantage for me and all the members at this forum.
If that happens, we can not find a better altcoin to invest. Because bitcoin is a great prop for investors. So it would be the economic crisis in the electronic money market. It's really terrible.
If that happens, we can not find a better altcoin to invest. Because bitcoin is a great prop for investors. So it would be the economic crisis in the electronic money market. It's really terrible.
in my opinion price will shoot atonce as if 99% people don't sale their bitcoin assets and only 1% try to sale and huge buyer waiting then the price will go up and become stable after some time. The reality is it will never happen when thing which exists always remain in use.
There will be less transactions and less network congestion. Price may be impacted but the impact may be small. No one spends gold in their daily life but gold price is good and stable.
If everybody don't spend bitcoin. Then everything will freeze. Nothing will grow. The price will be stuck in a certain value which will eliminate the characteristics of BTC being volatile. People might lose interest too, which is bad.
For me I think it will make the bitcoins price much stable or its price will rise up. If we hold onto our bitcoins it will not move the price it will just stay because there is no transactions that can lower the price of a bitcoin.
If we buy, the price of a bitcoin will start rising, depending on how much people will buy is the bitcoins price will rise.
If we buy, the price of a bitcoin will start rising, depending on how much people will buy is the bitcoins price will rise.
yes and I think that there are very few people who will prefer to hold them for a long term without spending it, I guess already this kind of situation is only going on as we are spreading about bitcoins' future value which might have made more people to save their bitcoins.
I think its value will increase if no one spends it. If all the people will just invest in bitcoin many money will come to bitcoin and it will increase. Just simply as this, it is just like you are putting money in a piggy bank, what happens is the amount inside is stock getting huge as you put more money inside it. The worst case scenario is if no one will invest in bitcoin, just like in the previous example if all your money will be spent it will all get lose or throw away so the value of your money will lose because it all goes out.
What do yo mean by not spending it? Not using it for transaction? As long as trading is still running then it is a good thing
If everyone is not using it or in other words eberyone is holding, while mpre and more people wants to have of as more adoption is imminent. Then bitcoi price will skyrocket for sure
If everyone is not using it or in other words eberyone is holding, while mpre and more people wants to have of as more adoption is imminent. Then bitcoi price will skyrocket for sure
In my opinion, I think we will be stuck in one price or maybe worse we will all go down.
For me, if no one spends bitcoin it will be a doomsday of bitcoin or the end of bitcoin. Yes, it might sound exaggerated that no one but imagines that no one will contribute or use it. If that happens, the bitcoin’s amount will fall rapidly because there is no demand at all or their will be a stable amount of bitcoin. 
I think that if no one uses bitcoin anymore then I think its value will decrease and will gradually be forgotten. Many people will look for other valuable money to invest.
It depends on how bitcoin is defined. If it becomes regarded as a scarce digital asset such as gold, then its value won't hinge on people spending it. If its value depends on being used as a currency, then people will have to spend it for it to have value. Possibly bitcoin will become a combination of the two.
Like if none spends money then the banks will die, we all know that the biggest bitcoin business is for transactions, if nothing is spent bitcoin then bitcoin will die because there is no earning for the wallet provider.
If no one is spending bitcoin, its price will remain stable, but the reality is that people can make a profit by trading in bitcoins, and trading can produce value! Influenced by supply and demand, the price of bitcoin is determined by the market!
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