If no one spends bitcoin what might happen?

[calkob]

I dont see to many people spending their Gold these days either and its been doing just fine . 

[deppil]

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.

no one did spending of course it would be very helpful. because demand may be a result of their spending. if spending does not exist then the demand will decrease. and you know what will happen to the price of bitcoin

[pinoycash]

If no one is spending, nothing will happen, but if no one is buying BTC thats a major problem when the demand is gone and the supply is too big for the BTC users. it will doomed BTC value in the long run

[danherbias07]

If no one is spending, nothing will happen, but if no one is buying BTC thats a major problem when the demand is gone and the supply is too big for the BTC users. it will doomed BTC value in the long run

Yes but there is one more. If no one spends then where do those buyers will get a bitcoin if it will all be stuck in our wallet only? That is like a domino effect. So everything should be balanced here.

[malekbaba]

Like other asset, we need to spend/use the btc. Otherwise BTC will start to loose popularity. In short term, holding BTC will make BTC more expensive. There will be a good demand and some people among us will buy BTC at very high price. But if we stop to spend BTC in very long term, many people will turn their face away from btc. But I think, this is not going to happen. There will always be a user of btc either a buyer or a seller.

[Viscoat]

Like other asset, we need to spend/use the btc. Otherwise BTC will start to loose popularity. In short term, holding BTC will make BTC more expensive. There will be a good demand and some people among us will buy BTC at very high price. But if we stop to spend BTC in very long term, many people will turn their face away from btc. But I think, this is not going to happen. There will always be a user of btc either a buyer or a seller.

That is why I encourge my friends to use the bitcoin.

[Toplivecasinos]

I think if no one spend bitcoin value would be stagnant. It will not lose any value it had or will not increase it value. If for a long time that no one uses bitcoin it would just be forgotten.

[MinerHQ]

Like other asset, we need to spend/use the btc. Otherwise BTC will start to loose popularity. In short term, holding BTC will make BTC more expensive. There will be a good demand and some people among us will buy BTC at very high price. But if we stop to spend BTC in very long term, many people will turn their face away from btc. But I think, this is not going to happen. There will always be a user of btc either a buyer or a seller.

Yup we should do publicity for Bitcoin. Becasue not only in my country in other countries also many people don't know what bitcoin is. And press media and tele media also not supporting to bitcoin. They are not doing any publicity for this bitcoin. So those who know about bitcoin, please share with others and make more bitcoin users. Then only the bitcoin will get more value.

[grandy]

We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy

Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..

It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.

if every one is holding bitcoin and not going to sell it, as we can experience the situation currently. then the price of bitcoin will increase more and more. because the demand will increase and the supply will decrease.

[Jamada]

We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy

Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..

It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.

if every one is holding bitcoin and not going to sell it, as we can experience the situation currently. then the price of bitcoin will increase more and more. because the demand will increase and the supply will decrease.

That is the reason I persuade my friends to use the bitcoin and not to trade.

[bncbnc]

We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy

Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..

It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.

if every one is holding bitcoin and not going to sell it, as we can experience the situation currently. then the price of bitcoin will increase more and more. because the demand will increase and the supply will decrease.

That is the reason I persuade my friends to use the bitcoin and not to trade.

yes i am also agree with that and i will also suggest my friends to hold bitcoin and not to use it or invest it anywhere else. the price of bitcoin has stil a good potential to increase.  therefore holding bitcoin for a long time will be a good decision.

[KingdomHearts]

We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy

Though it is important for bitcoin economy that most of the bitcoins should be in circulation but i don't think that just because if some of us hold some of our coins the economy will be affected at all.. because we don't hold hundreds or thousands of bitcoin and nor we can because at the end of the day we will have to use them somewhere..

It is not that bad if we are going to spend some of our bitcoins but for some who are holding thousands of bitcoins they are the ones who still have contribution and knows that spending is a good way to make the price of bitcoin increasing. And if nobody will spend bitcoins for sure those people who are holding a lot will be force to spend it.

if every one is holding bitcoin and not going to sell it, as we can experience the situation currently. then the price of bitcoin will increase more and more. because the demand will increase and the supply will decrease.

i agree with you when people hold their bitcoin and not to sell it then bitcoin price will be more increase and you are right that demand will be increase and supply will be decrease so the bitcoin price will be already rise.

[mastica]

At this stage i may say its impossible no one spend or use their bitcoin, several people had bought bitcoin at 300-700 dollars, at the moment all of them are in profit, and i doubt with the recent dump some of them will risk wait what will happen with bitcoin value this week. But saving wont affect at all bitcoin, it will be better since will have less coins into the exchanges and that means as well less risk being taken.

[Etaurith]

Most likely the bitcoin will go to a lower point and maybe even crash to a very low amount, this can really happen for sure!

[Kemarit]

Most likely the bitcoin will go to a lower point and maybe even crash to a very low amount, this can really happen for sure!

i think it will be hype if no one will spend it and just hold it and wait for a good price before trading or using it, bitcoin really giving good indication as one of the best investment i'm sure with the price right now most of the traders already using or exchanging it to take the advantage and generates income.

[Rizky Aditya]

Most likely the bitcoin will go to a lower point and maybe even crash to a very low amount, this can really happen for sure!

Yeah that will most likely happen if everyone just holds their Bitcoin for a price rise. Hopefully that never happens because it sort of ruins the point of a currency. A currency is made to be spent.

[juras54]

do not panic all goes well, the next stop would be 1500$ after correcting for 900$

[Positid]

do not panic all goes well, the next stop would be 1500$ after correcting for 900$

I will bet on your prediction, I will hold now.

[Rosberger]

do not panic all goes well, the next stop would be 1500$ after correcting for 900$

I will bet on your prediction, I will hold now.

Lets hope on that, I do not think that this can happen but we will see what the future brings us.

[crwth]

do not panic all goes well, the next stop would be 1500$ after correcting for 900$

I will bet on your prediction, I will hold now.

Lets hope on that, I do not think that this can happen but we will see what the future brings us.

Those people who got panicked or just get excited upon reaching the $1,000 price of bitcoin sold their bitcoins immediately. Just keep on holding don't spend at all or sell it because I'm believing that the price is going to reach higher than its peak that happened way back few days ago. But it is not that bad to spend some for trading or gambling.

Maybe that's why the price lowered and then they would want to hold it first but they can't because they sold it already. The peak has yet to come, I believe, and itis good to earn through trading or gambling as well. Just keep bitcoins and your time will come.