tee-rex
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December 09, 2016, 07:47:22 AM |
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What the actual heck? What do you even mean?
If no one spends bitcoin, then there will be no blocks mined, because people mine blocks for profit and if for whatever reason they decide to not spend that money... It's just not logical.
The network will still be there, the ledger won't change. It's probably just the popularity of bitcoin has fallen down.
Exactly, if no one spends bitcoin there will be no circulation and bitcoin will be dead. That might happen in the future in case people will lose their trusts with bitcoins due to government regulations that will make the usage of bitcoin to be illegal. Bitcoin will not die, it will stay as a bitcoin. But what will change is its value, it will no longer be valuable and will remain as a digital number only. The market will die and other altcoins will join too since they are not ready, not independent from bitcoin. Not only bitcoin will end but all of cryptocurrency will suffer from having no value at all. But hope this will not happen. This is equal to turning into a zombie Bitcoin. And many people may doubt if it wouldn't be better to grant mercy to it and let it die peacefully without invoking shadows. That will likely increase the chances of survival of other altcoins left behind. Maybe, there is already a Zombie coin, but it is an obvious misuse of the term.
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passwordnow
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December 09, 2016, 08:35:28 AM |
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If no one spends bitcoin then the world is destroyed for there is no more interest with bitcoin. And bitcoins value will be $0.00000000 believe me that it will happen if no one spends bitcoin. But with what's happening now, I don't know if that is possible to happen for the demand of bitcoin is increasing rapidly and there is always a price movement.
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HatakeKakashi
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December 09, 2016, 08:49:29 AM |
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If no one spends bitcoin then the world is destroyed for there is no more interest with bitcoin. And bitcoins value will be $0.00000000 believe me that it will happen if no one spends bitcoin. But with what's happening now, I don't know if that is possible to happen for the demand of bitcoin is increasing rapidly and there is always a price movement.
Yes bro your right if no one spend Bitcoin the Bitcoin price will no value or $0. If many people using Bitcoin it will increasing the price . but as of now I don't think will happen also because can you see how much the Bitcoin price is very good and very stable . millions of people using and trust Bitcoin right now . and I hope many people will know about bitcoin and i hope many big investor will invest. Bitcoin is for the whole world is for all people and bitcoin gives opportunity to us to earn money.
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Yutikas_11920
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December 09, 2016, 12:09:49 PM |
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If no one spends bitcoin then the world is destroyed for there is no more interest with bitcoin. And bitcoins value will be $0.00000000 believe me that it will happen if no one spends bitcoin. But with what's happening now, I don't know if that is possible to happen for the demand of bitcoin is increasing rapidly and there is always a price movement.
Yes bro your right if no one spend Bitcoin the Bitcoin price will no value or $0. If many people using Bitcoin it will increasing the price . but as of now I don't think will happen also because can you see how much the Bitcoin price is very good and very stable . millions of people using and trust Bitcoin right now . and I hope many people will know about bitcoin and i hope many big investor will invest. Bitcoin is for the whole world is for all people and bitcoin gives opportunity to us to earn money. It is indeed something the law of nature and the laws of economics. Indeed the price of bitcoin will be very low if there will be people who want to buy it and spend all the rest of that exists in the bitcoin. It's all something that is reasonable, but it's also not going to happen in the bitcoin. Because I see the bitcoin has huge potential and will give us a very good profit for everyone. Now we have to always think positively in order to get the great spirit
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Boss CJ
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December 09, 2016, 02:41:59 PM |
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With that I think that the bitcoin price would just sell at low price, in a positive way the best thing that might happen is many people will encourage to buy while it is at its low price. But, if no one would spend? I don't think it would happen nowadays. It has many advantage that keeps people from using it.
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coinplus
Legendary
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Activity: 1386
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December 09, 2016, 08:55:29 PM |
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How could “no one” spend bitcoin. The point of bitcoin is to spend it like any other currency or commodity people have . Worst case scenario , we do not spend gold anymore but gold has value , and it always goes up . So it would be like gold where bitcoin has worth but not spend daily.
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dhampir-D
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December 09, 2016, 09:01:48 PM |
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I think the more logical answer is that the price would suffer a fall, because with Bitcoin not being used to trade things, that would make people think that the currency is not being adopted the way it should, as a currency that should move the economy. But I may be wrong, because Bitcoin would still be a great way to store value.
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Vaskiy
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Activity: 2646
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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December 10, 2016, 05:29:54 AM |
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People continue to spend their hard earned bitcoin for their daily needs. Even if none spends bitcoin the trading itself creates the circulation that's required to have a stable value without much fluctuations happening continuously.
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zidanw
Sr. Member
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Activity: 1162
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1xbit.com
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December 10, 2016, 05:46:45 AM |
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give your bitcoin to me I'm will spend it for you. . no one will let bitcoin someday surely must will used for whatever
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nara1892
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December 10, 2016, 10:56:49 PM |
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What the actual heck? What do you even mean?
If no one spends bitcoin, then there will be no blocks mined, because people mine blocks for profit and if for whatever reason they decide to not spend that money... It's just not logical.
The network will still be there, the ledger won't change. It's probably just the popularity of bitcoin has fallen down.
Exactly, if no one spends bitcoin there will be no circulation and bitcoin will be dead. That might happen in the future in case people will lose their trusts with bitcoins due to government regulations that will make the usage of bitcoin to be illegal. Bitcoin will not die, it will stay as a bitcoin. But what will change is its value, it will no longer be valuable and will remain as a digital number only. The market will die and other altcoins will join too since they are not ready, not independent from bitcoin. Not only bitcoin will end but all of cryptocurrency will suffer from having no value at all. But hope this will not happen. yeah, bitcoin would be like a died city, but it still exist. just no one use it, so it might be forgotten. however, it does not make any sense why people keep saving their money in a big amount and do not use it. if they no longer trust bitcoin, I think they would convert it to fiat. at least the money can be used.
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rajasumi3
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December 11, 2016, 02:36:42 AM |
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There will be a community of people who will become the rihest by possessing the most bitcoins and if they dont use it at all .well on the other hand ,some people will use it .even if they dont the price of bitcoins will reach to a maximum level .
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betlord90
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December 11, 2016, 02:46:33 AM |
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Or maybe something worst than you thought might happen like bitcoin would disappear because no one in this whole wide world use it anymore. Though, it is impossible to happen because you know, people who are into bitcoin would never do such thing. Bitcoin is a very popular coin among the other cryptocurrencies in the internet so you don't have to worry about this. We will never let bitcoin go down.
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hawkins
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December 11, 2016, 02:53:38 AM |
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Or maybe something worst than you thought might happen like bitcoin would disappear because no one in this whole wide world use it anymore. Though, it is impossible to happen because you know, people who are into bitcoin would never do such thing. Bitcoin is a very popular coin among the other cryptocurrencies in the internet so you don't have to worry about this. We will never let bitcoin go down.
Well, you're probably right. if bitcoin've never spent more especially in a very long time, there is a possibility that bitcoin will disappear. perhaps because at the time it was discovered something new. but, I also feel that it will not happen, because they certainly will never store bitcoin they have, without a goal.
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jackydm168
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December 11, 2016, 04:22:22 AM |
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If no one spends bitcoin , it will not help in rising the bitcoin price .Soon the price will go down because people will lose interest in bitcoin。Finally bitcoin completely lost value, collapse.
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ged00u
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December 11, 2016, 04:57:48 AM Last edit: December 11, 2016, 03:57:59 PM by ged00u |
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Or maybe something worst than you thought might happen like bitcoin would disappear because no one in this whole wide world use it anymore. Though, it is impossible to happen because you know, people who are into bitcoin would never do such thing. Bitcoin is a very popular coin among the other cryptocurrencies in the internet so you don't have to worry about this. We will never let bitcoin go down.
Well, you're probably right. if bitcoin've never spent more especially in a very long time, there is a possibility that bitcoin will disappear. perhaps because at the time it was discovered something new. but, I also feel that it will not happen, because they certainly will never store bitcoin they have, without a goal. I do not think that bitcoin will disappear if no one uses it. Bitcoin will only become worthless and its price may drop to less than $0.01. I hope that everyone will use Bitcoin because it is the only chance for Bitcoin to develop and become greater in the future.
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Babayega31
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December 11, 2016, 07:00:57 AM |
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If no one spends bitcoin , it will not help in rising the bitcoin price .Soon the price will go down because people will lose interest in bitcoin。Finally bitcoin completely lost value, collapse.
If we dont spend bitcoin, there would be possible fall of its cryptocurrency economics and bitcoin exchange rate has no price movement whether it goes up or down. Tradings of altcoins will be primarily affected if ever demand falls due to unspending because trading markets rely on the selling and buying of altcoins which is a part of spending different optional ways like cashing out and payments online.
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Rizky Aditya
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December 11, 2016, 07:06:48 AM |
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Why would you buy Bitcoin and then not spend it? I get that some people keep it as an investment, but some will always use it to buy things. Even if people aren't buying it, they are earning Bitcoin which helps circulate it with different people.
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passwordnow
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December 11, 2016, 03:28:58 PM |
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If no one spends bitcoin then the world is destroyed for there is no more interest with bitcoin. And bitcoins value will be $0.00000000 believe me that it will happen if no one spends bitcoin. But with what's happening now, I don't know if that is possible to happen for the demand of bitcoin is increasing rapidly and there is always a price movement.
Yes bro your right if no one spend Bitcoin the Bitcoin price will no value or $0. If many people using Bitcoin it will increasing the price . but as of now I don't think will happen also because can you see how much the Bitcoin price is very good and very stable . millions of people using and trust Bitcoin right now . and I hope many people will know about bitcoin and i hope many big investor will invest. Bitcoin is for the whole world is for all people and bitcoin gives opportunity to us to earn money. It is indeed something the law of nature and the laws of economics. Indeed the price of bitcoin will be very low if there will be people who want to buy it and spend all the rest of that exists in the bitcoin. It's all something that is reasonable, but it's also not going to happen in the bitcoin. Because I see the bitcoin has huge potential and will give us a very good profit for everyone. Now we have to always think positively in order to get the great spirit Yes, it is impossible to happen that bitcoin will not be used by many people. Of course we are seeing what is happening with bitcoin now and its price is getting higher and higher as the days goes by. So that we don't even need to think about it and let's just keep on saving and holding a lot of bitcoins until the price gets higher.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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mace15
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December 11, 2016, 03:57:25 PM |
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If no one wouod spends bitcoin, the economics is not good. This is one of the downfall in the market. If then no one will patronize bitcoin, demand or supply will decrease.
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triasel
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December 14, 2016, 01:27:51 PM |
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i think this is not happened bacause many people use bitcoin as their income , buy rice and daily need other ! if they spend it, what are they eat?
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