Bitcoin Forum
April 26, 2024, 03:13:33 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 »
  Print  
Author Topic: If no one spends bitcoin what might happen?  (Read 52565 times)
Nivir
Hero Member
*****
Offline Offline

Activity: 868
Merit: 506


View Profile
March 13, 2018, 07:22:25 AM
 #1381

Countries economy and its currency value are under the influenced of many factors. People not wanting to spend bitcoin are just fine for as long as there are no heavy dumps.
1714101213
Hero Member
*
Offline Offline

Posts: 1714101213

View Profile Personal Message (Offline)

Ignore
1714101213
Reply with quote  #2

1714101213
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Kadal Ijo
Full Member
***
Offline Offline

Activity: 1162
Merit: 106



View Profile
March 13, 2018, 07:25:12 AM
 #1382

If no one spends bitcoin of course bitcoin will freeze, and finally bitcoin will die, as long as bitcoin still have value I'm sure this will not happen so until whenever people will send and receive bitcoin.

online73
Full Member
***
Offline Offline

Activity: 644
Merit: 101


Ecowatt.io


View Profile
March 13, 2018, 08:11:04 AM
 #1383

If no one spends bitcoin, what can happen? - It's  a lot of a fantastic option. But I think that if the bulk of people stop selling, the price for Bitcoin will grow very much, because the demand on the exchange will not be satisfied and investors will offer fantastic amounts for obtaining Digital gold.
DelevIsak
Member
**
Offline Offline

Activity: 190
Merit: 10


View Profile
March 13, 2018, 08:17:41 AM
 #1384

Share your ideas here.   Grin

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 spends bitcoin then its value becomes useless. It means the end of the era of bitcoin.
selfsell office team
Jr. Member
*
Offline Offline

Activity: 61
Merit: 1


View Profile
March 13, 2018, 08:19:40 AM
 #1385

Share your ideas here.   Grin

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


Bitcoin is the representative of virtual currency. If a person does not consume money, he loses his own value. The value of Bitcoin comes from the group of users who pay with Bitcoin.
Hexon
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
March 13, 2018, 08:32:17 AM
 #1386

If there is no transaction usage, usually the price does not move. But if American users do not spend much with Bitcoin, then the number of users and usage in other countries may increase. We never know the needs of people, different countries, different needs and also different requests.
Zaarin
Newbie
*
Offline Offline

Activity: 294
Merit: 0


View Profile
March 13, 2018, 09:06:29 PM
 #1387

When a currency is not spent, it creates a very static aerate and the financial markets would collapse in the cryptocurrency sphere. Bitcoin would every single one not retain and there's no row of value anymore. The price would ultimately plummet and be of no more value to anyone. Thus those who now preserve it are basically holding dust. This would put it on lending and borrowing as people could not lend and there would potentially be no borrowers, for that excuse no lending rate. People who well-liked Bitcoins would appearance out of situation and shut all along.


weertgilders
Newbie
*
Offline Offline

Activity: 107
Merit: 0


View Profile
March 20, 2018, 01:38:40 PM
 #1388

If everyone stops spending bitcoin then the value of bitcoin will drop because it no longer has any use at that point so there's no value to it anymore and there will be no trades will be made.
alisaserdceva
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
March 24, 2018, 11:45:34 AM
 #1389

The main idea of ​​the bitcoin currency in its decentralization is that this currency is not controlled by the authorities, millions of computers around the world carry out its issue
petrserebrennikov321
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
March 29, 2018, 03:57:27 PM
 #1390

Thousands of people buy these coins (the so-called altokkony), hoping that the lightning of fortune bitkoyna will hit the same place twice.
toxic0n
Member
**
Offline Offline

Activity: 413
Merit: 10


View Profile
March 31, 2018, 05:04:15 AM
 #1391

Bitcoin need a circling stream and also the stream hunting then the speed of bitcoin are enlarged and if the flowing of bitcoin is stop then the speed of bitcoin can likewise begin decreasing which is that the reason that bitcoin needed more and more venture.
Amilhussin24
Member
**
Offline Offline

Activity: 294
Merit: 11


View Profile
March 31, 2018, 03:17:33 PM
 #1392

If no one spends bicoin it will going to nothing, I mean population don't grow anymore, it will never known by people because no one promoting it. And bitcoin value will go into lowest price ever like its original price since it was just being created. But, I think it is impossible, because by the help of blockchain technology bitcoin could be something usable in many ways and because of that people will aknowledge bitcoin as a king of digital currency, because it was created with limited supply and as a cryptocurrency with a decentralized function.
will777
Full Member
***
Offline Offline

Activity: 265
Merit: 100



View Profile
March 31, 2018, 04:22:33 PM
 #1393

if no one use bitcoins the price of bitcoins will be freeze or if worst comes to worst, its lrice will be depreciated, the circulation of bitcoins never fade. bitcoins is very useful thats why even we want to hold it, there are times that we need to get our profit.
AlexanderAnthony
Member
**
Offline Offline

Activity: 168
Merit: 11


View Profile
April 01, 2018, 09:05:57 AM
 #1394

If no one spends bitcoin what will happen is the price will go down and down because as we all know bitcoin is traded on an open market. ts value is affected by supply and demand as in any normal market. According to past events, a direct connection can be discerned between instability and crisis around the world and the Bitcoin.

sulec70
Sr. Member
****
Offline Offline

Activity: 373
Merit: 250



View Profile
April 01, 2018, 11:25:48 AM
 #1395

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.
SteinsGate
Jr. Member
*
Offline Offline

Activity: 98
Merit: 1


View Profile
April 01, 2018, 11:38:16 AM
 #1396

There will definitely 1/10 person who will spend their bitcoin. If not then the price will really be stable for a long time. It would not benefit most people then.

▮█    KRYLL    ▮█
AUTOMATED CRYPTO TRADING STRATEGIES MADE SIMPLE
Token sale start on Feb 7, 2018 (https://kryll.io/)
xhoondilan
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
April 01, 2018, 11:50:12 AM
 #1397

For my opinion if no one spends bitcoin then I guess bitcoin will be forgotten and don't value anymore, but thats question is not possible to happen, simply because people are so obsess to money and always think of something they can earn for so unless they don't know what bitcoin is they will not miss any chance when having a bitcoin.
Joylee
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
April 01, 2018, 11:57:38 AM
 #1398

Then everything will remain with Satoshi Nakamoto because if no one is willing to spend, then no one will get any. By that happening as well, then this forum will not come to be, likewise will we have the popularity Bitcoin has today, couple with the dreams that would have died if Bitcoin was not spend in addition to the fact that I won't be here today.
Friskaadew
Jr. Member
*
Offline Offline

Activity: 168
Merit: 1


View Profile
April 01, 2018, 12:07:31 PM
 #1399

Bitcoin will be more increase its price but no one can be buy bitcoin because then all people will be never sell it so price will be too much high and no one can be afford it .
1jaffa1
Full Member
***
Offline Offline

Activity: 280
Merit: 104



View Profile
April 01, 2018, 12:13:51 PM
 #1400

If all the Bitcoin users refuse the spend their Bitcoin and decide to just hold all of them, then the price of Bitcoin will not move. Bitcoin's price will not increase, it will not decrease as well. No movement will be detected until somebody decides to sell their bitcoin or until somebody enters the bitcoin world and decide to invest some money into Bitcoin.
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!