Topic: If no one spends bitcoin what might happen? - page 8. (Read 52567 times)
its not good for having a bitcoin for hiding a not spending haha having a bitcoin is very changing life so if you have a bitcoin spend it to your daily lifestyle
If no one spends or sells bitcoins, it is obvious that the price will rise hugely.
I think that is the law of supply and demand. If there are no sellers and no buyers, the value of Bitcoin remains unchanged. Volum will be 0. That I think it not happen. Without the sale of Bitcoin, the person who wants to own will increase the price. And people want to sell more will happen phenomenon of discount.
If no one spends or sells bitcoins, it is obvious that the price will rise hugely.
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
It would be a problem for bitcoiners. If bitcoin will not be spend then the price will stuck and it won't be high again. Then users might be in terrible because they will certainly not earn from here and with that they will no longer be interested in it and they will just simply dump the bitcoin. 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
It would pump at first same as you saw on the launching of altcoins which usually pumps in the first place then suddenly dump if all of the coin holders would sell all their coins. Yes, selling coins would gain profits and expect that's its price would dump to the lowest and would never go up unless if someone buys again. It's just a matter of supply and demand.
When there is nobody selling the bitcoin, it will be worthless.
What does "spend" mean here? For me "spend" is to exchange money for goods and services, as we spend € in a shop. If no one spends bitcoin, it won't prevent people from trading it (exchange it to another currency, eventually to spend it). Thus bitcoin market will remain alive.
Many of you actually buy goods of services with bitcoin? I don't as there's not so many goods that can be bought with bitcoin.
Many of you actually buy goods of services with bitcoin? I don't as there's not so many goods that can be bought with bitcoin.
If no one spend their bitcoin then bitcoin price will be too much high.
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.
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
If no one spend bitcoins that mean no one sell and no one buy, then yes, price would be stuck. But at same time the coin will not have value because no one is spending it. Is like the issue about the tree on the forest, if a tree falls on the forest and no one is there, the tree makes sound?. If no one spend bitcoin should it have a value?
By the way, people loves to spend money, that's something that any single human love to do, and that's why this will not happen, people can't just stop spending bitcoins. But at least is a nice topic for discussion.
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
I think that the price is going to be stable then if no one is going to spend a coin and I hate it when the price is stable because it is boring. 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
I know that you have to be patient with Bitcoin but sometimes the price can be stable for a long time.
People will always spend money either its fiat cash or cryptocurrency like bitcoin. Hypothetically speaking, it ever no one spends bitcoin, the most probable scenario is that, its value will reach a certain point of equilibrium and then stops. It will become stable and stagnant until someone uses it again. But again, its quite impossible to happen.
Well I think first of all its not possible to not spend bitcoin because it’s a digital currency and it’s here to use and that’s why everyone are doing and I also using my bitcoin for my daily expanse such as buying food and using for paying bills and also its going to use for investment and for daily trade also so it’s not possible for bitcoin to stay remain and no one will use so I think world need bitcoin for use and countries also want that bitcoin must be contribute in their economy.
If people wouldn't spend bitcoin,the value of bitcoin will decrease.
then it would deem worthless
then it would deem worthless
If no one spends bitcoin, price fluctuation will happen to higher extent. Importantly bitcoin usage when gets decreased the ratio of adoption too decreases. Possibly for the improvement and growth towards a greater digital currency spending is much needed.
If no one spends bitcoin then giant one winged doves will descend over every major city in the world and fly in a circle until all the planes in the world crash.
Law of supply and demand. If no one spends Bitcoin then there's no reason for demand thus the value will be stable and in the long run it'll eventually cease since there's no need for it. Good thing we're not experiencing it now
In my opinion, if no one spends bitcoin or nobody knows bitcoin Maybe will happen, we will stay focused on the fiat and economy in our country. Indeed this life feels bad without bitcoin for those of us who are accustomed to using bitcoin. But for people who never use bitcoin I think his life would be ordinary because it still has not used bitcoin.
Most people are more likely to use Bitcoin because Bitcoin is considered the most potential market and will be a new trend in the next few years. I think if you own Bitcoin you are probably lucky that Bitcoin will definitely grow in the future.
People will always spend money either its fiat cash or cryptocurrency like bitcoin. Hypothetically speaking, it ever no one spends bitcoin, the most probable scenario is that, its value will reach a certain point of equilibrium and then stops. It will become stable and stagnant until someone uses it again. But again, its quite impossible to happen.
Well I think first of all its not possible to not spend bitcoin because it’s a digital currency and it’s here to use and that’s why everyone are doing and I also using my bitcoin for my daily expanse such as buying food and using for paying bills and also its going to use for investment and for daily trade also so it’s not possible for bitcoin to stay remain and no one will use so I think world need bitcoin for use and countries also want that bitcoin must be contribute in their economy.
Is trading included on spends bitcoin ? If yes, the price of bitcoin will stuck because no one spend their bitcoin. I think it will never happen, no one spends bitcoin. It will happen if all people not trusting bitcoin anymore and leave it. The price of bitcoin can fall so hard if it happened.
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