If no one spends bitcoin what might happen?

[MMA]

i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!

Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.

I can see two situations for this, first is that no one spends bitcoin because probably all of us are holding it and the possible thing to happen is that the price of bitcoin will increase as there is lesser supply in the market, only if the demand is high. And second, no one spends bitcoins for it is going to be total worthless and we all know what well happen if something doesn't value.

The first theory sounds impossible. No one will keep their Bitcoin without using it. As you see, the bitcoin-related online casino system is strongly developing day by day. And, many people here are seduced by Gambling. They will spend their money in order to satisfy their desires. The second theory is more realistic. Bitcoin will be worthless if no one decide to spend it for any purposes. In fact, Bitcoin will disappear if this theory truly happens

yes i also think that that no one will like to not to spend their bitcoin, as people are using bitcoin for different purposes, as we can see that people are using it for gambling and for trading in altcoin, in some area people are also using it as fiat currency, therefore to me i think it is very difficult that people will stop using bitcoin

[Skarner21]

i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!

Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.

I can see two situations for this, first is that no one spends bitcoin because probably all of us are holding it and the possible thing to happen is that the price of bitcoin will increase as there is lesser supply in the market, only if the demand is high. And second, no one spends bitcoins for it is going to be total worthless and we all know what well happen if something doesn't value.

The first theory sounds impossible. No one will keep their Bitcoin without using it. As you see, the bitcoin-related online casino system is strongly developing day by day. And, many people here are seduced by Gambling. They will spend their money in order to satisfy their desires. The second theory is more realistic. Bitcoin will be worthless if no one decide to spend it for any purposes. In fact, Bitcoin will disappear if this theory truly happens

yes i also think that that no one will like to not to spend their bitcoin, as people are using bitcoin for different purposes, as we can see that people are using it for gambling and for trading in altcoin, in some area people are also using it as fiat currency, therefore to me i think it is very difficult that people will stop using bitcoin

Not now its an old theory better to search in many website or services that actually right now are accepting bitcoin. Unlike last year that actually exchangers trading site and gambling are that i saw that accepting bitcoins now i can pay for steam buy a games with g2a or buy an unlock codes or open line for smart phones online and pay bitcoin, buy domain shop with bitcoin.. many business are almost accepting bitcoin except for big companies like amazon ebay and lazada..

[rizkyhiw]

i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!

Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.

By buying and selling bitcoin repeatedly i guess it's a form of circulation
Not really need to spend it, just take a look to commodities like oil, gold etc
They did not spend it but the market is live and the price interestingly keep growing
So does with bitcoin too i guess , not necesarry to spend it just encouraged.

[ufaiz50]

if no one spend their bitcoin then bitcoin price will be too much high but then bitcoin adoption will be too much slow and no one can be get profit from bitcoin easily and then i think people do not take interest in bitcoin.

if no one spend their bitcoin then bitcoin price will be down, if no one spend bitcoin demand for bitcoin will falls .
The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls

[bitcoinmasterlord]

if no one spend their bitcoin then bitcoin price will be too much high but then bitcoin adoption will be too much slow and no one can be get profit from bitcoin easily and then i think people do not take interest in bitcoin.

if no one spend their bitcoin then bitcoin price will be down, if no one spend bitcoin demand for bitcoin will falls .
The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls

If the transaction not happened means any currency value may go down. So you are right if people stop using bitcoin then the value of Bitcoin will go down and there is a chance to disappear bitcoin. Now the BTC price is near to 800$. So just guess how many people are doing the btc transaction in the market.

[abel1337]

if no one spend their bitcoin then bitcoin price will be too much high but then bitcoin adoption will be too much slow and no one can be get profit from bitcoin easily and then i think people do not take interest in bitcoin.

if no one spend their bitcoin then bitcoin price will be down, if no one spend bitcoin demand for bitcoin will falls .
The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls

If the transaction not happened means any currency value may go down. So you are right if people stop using bitcoin then the value of Bitcoin will go down and there is a chance to disappear bitcoin. Now the BTC price is near to 800$. So just guess how many people are doing the btc transaction in the market.

If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.

[boyptc]

If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.

That's for sure to happen if all of us will totally ignore the usage of bitcoin and that is going to be like no use at all. And most of the people will look for some other things that can be useful for all of us, just like how we use bitcoin. Since bitcoin is the father of all crypto's for sure there is a domino effect to all alts if it will be dumped.

[TastyChillySauce00]

If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.

That's for sure to happen if all of us will totally ignore the usage of bitcoin and that is going to be like no use at all. And most of the people will look for some other things that can be useful for all of us, just like how we use bitcoin. Since bitcoin is the father of all crypto's for sure there is a domino effect to all alts if it will be dumped.

That depends. Other altcoins could just use fiat to determine the value of their coins when bitcoin is no more having its value. If there's no one using bitcoin doesn't mean the other altcoins will also failing. If the altcoins having such a strong communities that make them always using it then it will be fine. Although if bitcoin were dumped then the altcoin will be pumping, that's the natural law

[Positid]

If no one use bitcoin today , Im really sure bitcoin price could be dump and sooner as it dump it might be dead if no one will use it for transaction. It bitcoin is dead. No one will still use it and other alt coins maybe affected too.

That's for sure to happen if all of us will totally ignore the usage of bitcoin and that is going to be like no use at all. And most of the people will look for some other things that can be useful for all of us, just like how we use bitcoin. Since bitcoin is the father of all crypto's for sure there is a domino effect to all alts if it will be dumped.

That depends. Other altcoins could just use fiat to determine the value of their coins when bitcoin is no more having its value. If there's no one using bitcoin doesn't mean the other altcoins will also failing. If the altcoins having such a strong communities that make them always using it then it will be fine. Although if bitcoin were dumped then the altcoin will be pumping, that's the natural law

Well, you could be right but the trend does not tell it all. As what I have witness when the price of bitcoin rises, altcoins fall. So probably they have a reciprocal effect and when bitcoin loses its popularity, most like altcoins will be affected.

[dotajhay]

I think the price of bitcoins will go down because of the number of people is few in using it the price of bitcoins is depends on how many people using it and what happened in the market and how people need it thats why the bitcoin is now very high because of people who uses it and the people will control the bitcoin price it's not random.

[Jim23]

That's a good question, it is a big problem. I think the cause of it is that everyone seems to be holding them as an investment rather then actually using them to buy things.  As the average person starts using them this problem to go away.

[crairezx20]

I think the price of bitcoins will go down because of the number of people is few in using it the price of bitcoins is depends on how many people using it and what happened in the market and how people need it thats why the bitcoin is now very high because of people who uses it and the people will control the bitcoin price it's not random.

You have the point and i think yeah it can be decrease because many business online will stop giving a service because they dont have any customer about bitcoin.. if we are just all holding bitcoin because we are making benefits of the price increase  i think decrease of business online that can affect the economy of bitcoin..

[rajasumi2]

If no one spends bitcoins at all then the price of bitcoins will rise a lot .well thats not gonna happen near soon as people reply on bitcoins a lot for their daily uses and people who want to be rich a lot in the future wil not be using bitcoins.

[grandy]

i think it will affect the price and the price will be stuck...there will be decrease in outflow of bitcoin and this will affect a lot of those making use of bitcoin...businesses will be stuck on bitcoin, and it kind of affect those new one's joining or coming into the world of bitcoin!!!!

Economic have to work, money have to circulate. Money need to be constantly exchanged for goods. Money is loosing purpose if no one spend it. So in the case if nobody spend bitcoin - all bitcoin will fail, all it's system and many people will loose money that they puted in bitcoin.

actually bitcoin is in its initial stage and people are entering in bitcoin therefore we can see a big fluctuation in the price of bitcoin, and the other reason is that the facilities of bitcoin are not available everywhere therefore people are using it for investment and not as currency.

[Zadicar]

If no one spends bitcoins at all then the price of bitcoins will rise a lot .well thats not gonna happen near soon as people reply on bitcoins a lot for their daily uses and people who want to be rich a lot in the future wil not be using bitcoins.

I dont think soo that the price will rise up if no one spends bitcoin since there no activity on bitcoins ecosystem and also this thing would possible if the demand would arise and the supply would froze then thats the time that price will increase too.Bitcoin could possibly make us rich and it depend on how much we do have it.

[NEWGOODOUBLE]

If no one spends bitcoins at all then the price of bitcoins will rise a lot .well thats not gonna happen near soon as people reply on bitcoins a lot for their daily uses and people who want to be rich a lot in the future wil not be using bitcoins.

I dont think soo that the price will rise up if no one spends bitcoin since there no activity on bitcoins ecosystem and also this thing would possible if the demand would arise and the supply would froze then thats the time that price will increase too.Bitcoin could possibly make us rich and it depend on how much we do have it.

I think if there is no turnaround in the market price of course bitcoin bitcoin will stop, unless the market more people are selling than the demand is there, of course the price will go down. but I think certainly there will always be people spending bitcoin

[Jamada]

If no one spends bitcoins at all then the price of bitcoins will rise a lot .well thats not gonna happen near soon as people reply on bitcoins a lot for their daily uses and people who want to be rich a lot in the future wil not be using bitcoins.

I dont think soo that the price will rise up if no one spends bitcoin since there no activity on bitcoins ecosystem and also this thing would possible if the demand would arise and the supply would froze then thats the time that price will increase too.Bitcoin could possibly make us rich and it depend on how much we do have it.

I think if there is no turnaround in the market price of course bitcoin bitcoin will stop, unless the market more people are selling than the demand is there, of course the price will go down. but I think certainly there will always be people spending bitcoin

If the confirmation time is too long, people will not use it.

[virtualkeybuyer]

If no one spends bitcoins at all then the price of bitcoins will rise a lot .well thats not gonna happen near soon as people reply on bitcoins a lot for their daily uses and people who want to be rich a lot in the future wil not be using bitcoins.

I dont think soo that the price will rise up if no one spends bitcoin since there no activity on bitcoins ecosystem and also this thing would possible if the demand would arise and the supply would froze then thats the time that price will increase too.Bitcoin could possibly make us rich and it depend on how much we do have it.

yes if everyone do not spend bitcoin then the the shops and other companies will not accept bitcoin and the demand will not be much high because of that poor ecosystem of bitcoin and in that way the price of bitcoin will decrease and people will then do not wait for more with their bitcoins. So it is better that bitcoin is used as a currency for its success.

[ilovefeetsmell]

What might happen if no one spends their bitcoins? Maybe our economy became unbalance. There's a lot of possibilities to crash down our economy. Bitcoin is one of our sources of income and it is also part our currency today. Others, maybe increase debts, price increase, poverty increase and so on.

[PacePay]

What might happen if no one spends their bitcoins? Maybe our economy became unbalance. There's a lot of possibilities to crash down our economy. Bitcoin is one of our sources of income and it is also part our currency today. Others, maybe increase debts, price increase, poverty increase and so on.

You have a very nice reply. I also though that yes bitcoin is nowadays the part of the whole world economy just look at the market cap of bitcoin which shows that it is fully integrated in our global economy and if no one will use it then a half part of our economy will become numb and there will be a high lost to the users of bitcoin.