If no one spends bitcoin what might happen?

[bitbunnny]

This is a question about the thing that could never happen. It's like you say that no one will spend fiat money. You can't influence or prevent that. If in some fiction this would have happened that could influence the price, but like I've said, only in fiction and not applicable in real situation.

[Frank Alister]

I believe that many would try to bring down the price of btc or begin to move there again either because they believe that it no longer deserves it's value or due to FUD.

[requester]

well ours a nice question because now a days many traders are holding bitcoin for price rise but if no one spend our buy bitcoin then there would be no competition in bitcoin rate and it's price will touch bottom because when no one is buying bitcoin then obviously it's rate would drop down.

[mark coins]

well ours a nice question because now a days many traders are holding bitcoin for price rise but if no one spend our buy bitcoin then there would be no competition in bitcoin rate and it's price will touch bottom because when no one is buying bitcoin then obviously it's rate would drop down.

Yeah if no one spends then it will surely affect its price very badly but I don't think that will ever happen as most of the users will prefer to spend them on gambling and trading which will help the circulation.

[StoreBit]

i think if no one use bitcoin then the price of bitcoin will fell down to a very very low level and bitcoin will become a devalued currency and no one will take any interest to invest in bitcoin and then people will find some other crypto currency to use.

[mastica]

Thats something that wont happen, otherwise crypto world will frozen, we do use bitcoins for trade altcoins and to make anything at exchanges, atleast we can trade our bitcoins against any currencie, if that stops crypto world stop as well.

[springgers]

This make me ask a question, how many Bitcoins are movimented in a month? and how many are "frozen"?
I say one day a thread here have some statistics about the number of Bitcoins that never got transfered to another wallet... Don't know if the people lost the wallet or just holding...

[madwica]

This make me ask a question, how many Bitcoins are movimented in a month? and how many are "frozen"?
I say one day a thread here have some statistics about the number of Bitcoins that never got transfered to another wallet... Don't know if the people lost the wallet or just holding...

No one here can calculate the transactions of bitcoin every month even everyday, and also we do not know if they just hold or they lost their bitcoin wallet.
But for me if users keep holding and do not spending their coin the demand will fall down and also the price was affected it will fall down to.

[boyptc]

Then there is no fluctuation of the price that will happen for there is no source of flowing of bitcoin in the circulation. So if no one spends bitcoin then what is going to happen the bitcoin will die little by little. And this is not going to help the ecosystem of bitcoin so that is why we need to keep on using bitcoin.

[Ryananda]

If no one is using bitcoin it would be very bad for the development of bitcoin. To be sure bitcoin will not be developed because there was no circulation bitcoin. And bitcoin could be dead if it happens. Because of advances in bitcoin greatly be affected the use bitcoin.

[crossabdd]

if no one spending bitcoin, bitcoin will be die, because no people interesting to accept bitcoin, no people using bitcoin, and no marketplace in bitcoin.

[genos]

This make me ask a question, how many Bitcoins are movimented in a month? and how many are "frozen"?
I say one day a thread here have some statistics about the number of Bitcoins that never got transfered to another wallet... Don't know if the people lost the wallet or just holding...

No one here can calculate the transactions of bitcoin every month even everyday, and also we do not know if they just hold or they lost their bitcoin wallet.
But for me if users keep holding and do not spending their coin the demand will fall down and also the price was affected it will fall down to.

the flowing of currency is very very important. Event bitcoin is need to flowing to still appear. Holding bitcoin is a good for investment but. It is not good for bitcoin future. We must return the bitcoin function as a currency.

[deisik]

This make me ask a question, how many Bitcoins are movimented in a month? and how many are "frozen"?
I say one day a thread here have some statistics about the number of Bitcoins that never got transfered to another wallet... Don't know if the people lost the wallet or just holding...

No one here can calculate the transactions of bitcoin every month even everyday, and also we do not know if they just hold or they lost their bitcoin wallet.
But for me if users keep holding and do not spending their coin the demand will fall down and also the price was affected it will fall down to.

the flowing of currency is very very important. Event bitcoin is need to flowing to still appear. Holding bitcoin is a good for investment but. It is not good for bitcoin future. We must return the bitcoin function as a currency.

Moving bitcoins to and fro (for example, from exchange to exchange in pursuit of quick profits) won't turn Bitcoin into a currency per se. We need wider adoption of Bitcoin between merchants accepting it as a means of payment. Only that would count towards using Bitcoin as a currency, since this is what the idea of money primarily consists in. That is, in facilitating the free exchange of goods and services...

Otherwise, Bitcoin is no more than a speculative financial asset and vehicle for profiteering

[chineseprancing]

This make me ask a question, how many Bitcoins are movimented in a month? and how many are "frozen"?
I say one day a thread here have some statistics about the number of Bitcoins that never got transfered to another wallet... Don't know if the people lost the wallet or just holding...

No one here can calculate the transactions of bitcoin every month even everyday, and also we do not know if they just hold or they lost their bitcoin wallet.
But for me if users keep holding and do not spending their coin the demand will fall down and also the price was affected it will fall down to.

the flowing of currency is very very important. Event bitcoin is need to flowing to still appear. Holding bitcoin is a good for investment but. It is not good for bitcoin future. We must return the bitcoin function as a currency.

Agree with you it has big effect on the bitcoin existence we should need to set % of our bitcoin to spend and to have big portion in investment. Do not stack up your bitcoin in long time that is not good in the health of bitcoin.

[Oilacris]

This make me ask a question, how many Bitcoins are movimented in a month? and how many are "frozen"?
I say one day a thread here have some statistics about the number of Bitcoins that never got transfered to another wallet... Don't know if the people lost the wallet or just holding...

No one here can calculate the transactions of bitcoin every month even everyday, and also we do not know if they just hold or they lost their bitcoin wallet.
But for me if users keep holding and do not spending their coin the demand will fall down and also the price was affected it will fall down to.

the flowing of currency is very very important. Event bitcoin is need to flowing to still appear. Holding bitcoin is a good for investment but. It is not good for bitcoin future. We must return the bitcoin function as a currency.

I agree with you bitcoin ecosystem needs  to  move and  with the way  of  spending  our  bitcoin so that  it could  cycle same as you said. Holding  bitcoin isnt bad at ll since we could able to make  money with that but  its not  helping the  bitcoin  ecosystem  for  it  to grow  in the future. If no  one spends it bitcoins for sure bitcoins price would  be stuck on  the current price and we wouldnt see any movement  of it.

[victoryboy]

If no one spends Bitcoin that is not going to do something good for Bitcoin neither in price nor in adoption or acceptance. Bitcoin is popular and valuable just because it being used for many things. It is cost effect and much more better way for many online transactions like transfer of money these things give it value. It will loose everything in that case being kept in holding without of use.

[coynedterm]

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.

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

yeah , but it happen if everyone gmstop make deal with. Bitcoin then few of bitcoiner can't do better with Bitcoin . so i think . there will be a long stability if no one will use

[Schuyler]

If no one spends their bitcoin, it would defeat the purpose of it being a currency. There should be a balance between using and holding our bitcoins. Sometimes I am guilty of holding them for too long without doing any purchases. But because I primarily own bitcoin because of its speculative nature, I just hold most and just spend a little.

[Noctis Connor]

If no one spend bitcoin then bitcoin remains bitcoin why ? because people are just using bitcoin for currency and for there business or anything that bitcoin can do if people ended to uses bitcoin then it always remains bitcoin and it wll stocked and i think the same with the price it will stock too.

[lanslans]

I think every people will spend money everyday. Purpose people to join cryptocoin is to get more money for them life. But when some people more likely to save their money its wouldn't effect to market.