If no one spends bitcoin what might happen?

[triasel]

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.

yes , many people more love to save it , why ? because for investment just little person use bitcoin to buy things

[Yutikas_11920]

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.

yes , many people more love to save it , why ? because for investment just little person use bitcoin to buy things

You are so right. Because the bitcoin is a more profitable and much more fun than if we're saving up or make a deposit in the bank. In addition to this investment we are doing in the bitcoin, we can use all the money that we have freely without any pieces or the existence of a restriction of the use of the money we have. Everything is better than in the bank. Bitcoin is going to be the biggest currency and will be a solution of all the problems that often occur in this

[serjent05]

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.

There are several stages that will happen when a supply is halted.  The first stage would be demand pile up.  Due to the growing demands and limited supply, price will surely increase.  This will continue until the breaking point where people will look for an alternative. During this time, price increase will slowly get stagnant because of the interest of people is redirected to other things.  And when people lost their interest to bitcoin, buy demands will then removed and put to other things resulting to the start of decline of Bitcoin price until to the point that bitcoin become worthless.  At the end when bitcoin do not move, it will become worthless because of the alternatives that can be use in place of it.

[ice098]

The one of the possibilities that might happen is that bitcoin would disappear if no one would use it in the future on even now, because there is no reason anymore to exist if no one ever needs you or using you, right? Anyway, I know that this wouldn't happen in the future because people adore bitcoin more than they love cash. Bitcoin is impossible to disappear because of it's impact on people and because of its solidity.

[Mbokani]

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?

i never knew that you could purchase rise with bitcoins which grocery shop is accepting bitcoin for rice and which country you are talking about.If people could spend bitcoin that easily in every store then it is a good growth in terms of market penetration .

[MMA]

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.

in fact in present time most of the people are using bitcoin as investment, and they are welling to hold bitcoin tell the price increase, but no one is welling to hold it for ever and not sell it, in future i think people will start using bitcoin as currency as bitcoin shops will be present everywhere.

[Positid]

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.

in fact in present time most of the people are using bitcoin as investment, and they are welling to hold bitcoin tell the price increase, but no one is welling to hold it for ever and not sell it, in future i think people will start using bitcoin as currency as bitcoin shops will be present everywhere.

Yeah, I can hold as well. I believe it will be more valuable in the future, bitcoin will be the future of crypto currency and that is the promise I am holding why I trust my investment with bitcoin. And since some have reach their dreams here, it's possible I can have mind too.

[Sundark]

I see people compare bitcoin to gold. So if we are at it why don't go with this analogy even further.
I don't see many people spending gold either - they buy gold (usually jewelry) and keep it usually for rest of their lives.
Gold price seems not to be wavering because of this - so why with bitcoin it should be different?

[foladgoad]

You should have played online games. Between the players, a number of equipment to sell how much money, or a number of how much money to sell, so that the situation should be seen. Bitcoin is what, is such a virtual goods. An online game, if the gas, no one to play, before thousands of accounts or equipment is not worth a penny. Bitcoin such virtual goods is also like this.

[Botnake]

If no one will spend bitcoin then there is no circulation that is going to happen and maybe the reason is because bitcoin is dead and people does not like the value of bitcoins they are holding. I hope it will not happen in the future, what we are seeing actually is not the volume of what we are holding but definitely the value of it.

[pooya87]

I see people compare bitcoin to gold. So if we are at it why don't go with this analogy even further.
I don't see many people spending gold either - they buy gold (usually jewelry) and keep it usually for rest of their lives.
Gold price seems not to be wavering because of this - so why with bitcoin it should be different?

the comparison is wrong in many aspects.
gold has been around for ages while bitcoin is still so young and we even call it beta still.
gold can not be spent, it is not 1950s. you can not go to a shop and buy a beverage and pay with gold dust. but you can do it with bitcoin. in other words bitcoin has investment feature of gold with additional benefits of being a currency to spend easily.
and the price is volatile because of what i said earlier: it is still young and the market is small.

[danherbias07]

I see people compare bitcoin to gold. So if we are at it why don't go with this analogy even further.
I don't see many people spending gold either - they buy gold (usually jewelry) and keep it usually for rest of their lives.
Gold price seems not to be wavering because of this - so why with bitcoin it should be different?

the comparison is wrong in many aspects.
gold has been around for ages while bitcoin is still so young and we even call it beta still.
gold can not be spent, it is not 1950s. you can not go to a shop and buy a beverage and pay with gold dust. but you can do it with bitcoin. in other words bitcoin has investment feature of gold with additional benefits of being a currency to spend easily.
and the price is volatile because of what i said earlier: it is still young and the market is small.

This is true. But there is this thing called being innocent with technology that is why many will still accept that gold rather than bitcoin. You trade an item for gold and many will understand and will still go for it.

[dihari]

Bitcoin is getting strong day by day because we can spend it with easy way.
The more business that except bitcoin, the strong bitcoin will be.

[crypto1010]

Bitcoin is getting strong day by day because we can spend it with easy way.
The more business that except bitcoin, the strong bitcoin will be.

If bitcoin is not being spent it means its losing value and weaken but if people use it and more business entities choose to accept it it will be more valuable and trade for a higher price too

[Techie5879]

Well, the price is going to remain stable, wont increase wont decrease. Thats for sure. However, something major, like the bitcoin collapse might also happen, and gold/silver or just simple fiat might replace bitcoin. The industries that depend almost/fully on bitcoin will undergo a huge loss and shut down (most likely).

[Text]

If no one spends bitcoin then the price will be fixed but don't worry because it is very far to happen. No one can control us to stop from spending our btc. Spending coins is what makes the bitcoin more progressive and popular.

[iram3130]

There are chances of this to happen in future because everyone thinks that the price of Bitcoin will increase in the future. So many people I know hold them and won't sell easily. But this won't be a negative impact on the currency. They will sell them one or the other day. There is no meaning to hold a currency without selling those at the right time. So I guess everyone who hold, will spend it one or the other day. 

[poplolnman]

Well, the price is going to remain stable, wont increase wont decrease. Thats for sure. However, something major, like the bitcoin collapse might also happen, and gold/silver or just simple fiat might replace bitcoin. The industries that depend almost/fully on bitcoin will undergo a huge loss and shut down (most likely).

are you sure? what would happened if then most bitcoin holder sell their bitcoin due there is no price movement? would it be still remain the same? no, i don't think so. bitcoin would never have a stable price no matter what , as it's designed to be like that. if then there is a lacks of spending, i believe the end of bitcoin are really near.

[Zadicar]

Well, the price is going to remain stable, wont increase wont decrease. Thats for sure. However, something major, like the bitcoin collapse might also happen, and gold/silver or just simple fiat might replace bitcoin. The industries that depend almost/fully on bitcoin will undergo a huge loss and shut down (most likely).

are you sure? what would happened if then most bitcoin holder sell their bitcoin due there is no price movement? would it be still remain the same? no, i don't think so. bitcoin would never have a stable price no matter what , as it's designed to be like that. if then there is a lacks of spending, i believe the end of bitcoin are really near.

If no one spends their bitcoin it wont really be consider as dead since people are still keeping it since it has a value. If no one spends then theres only a minimal movement on bitcoins price and we wont see any major increase or decrease.

[tee-rex]

Well, the price is going to remain stable, wont increase wont decrease. Thats for sure. However, something major, like the bitcoin collapse might also happen, and gold/silver or just simple fiat might replace bitcoin. The industries that depend almost/fully on bitcoin will undergo a huge loss and shut down (most likely).

are you sure? what would happened if then most bitcoin holder sell their bitcoin due there is no price movement? would it be still remain the same? no, i don't think so. bitcoin would never have a stable price no matter what , as it's designed to be like that. if then there is a lacks of spending, i believe the end of bitcoin are really near.

If no one spends their bitcoin it wont really be consider as dead since people are still keeping it since it has a value. If no one spends then theres only a minimal movement on bitcoins price and we wont see any major increase or decrease.

It is more likely the price will go down in the long haul. If people simply hold bitcoins without spending, it would be the same as if there were no bitcoins at all, and people that might want to buy a few bitcoins will soon forget about Bitcoin and just walk away. In my view, excessive hoarding can be detrimental to Bitcoin ecosystem, Bitcoin should circulate to stay alive.