If no one spends bitcoin what might happen?

[RealPhotoshoper]

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.

I told you guys there will be a correction after hit the highest price ever in history.
$1100 down to $900 and bounce back later yo $1300 to stay for quite long time at $1200 price or so.
I think almost impossible for everyone just to hold bitcoin only such as gold, at least a lot of people will try to make money through the volatile price.

[bravehearth0319]

If no one spends bitcoin what might happen? But the question, is that happening? Of course no! why? because it's not realistic to be happen. Well it's only "IF no one spends" my answer is surely the price value of bitcoin will be stock.

[agamasrori]

If no one spends bitcoin what might happen? But the question, is that happening? Of course no! why? because it's not realistic to be happen. Well it's only "IF no one spends" my answer is surely the price value of bitcoin will be stock.

Yes I agree with you, everyone will keep use their bitcoin for fulfil the daily needs or other business. But I think if bitcoin circulation is not good, the hoarder can easily influence bitcoin price.

[Digitalbitcoin]

Well some people will always spend money, if a big proportion of people don't use it, its price will increase until it reaches an equilibrium point.

I agree with you.

But in the middle time many new altcoins have already launched and taking world to next level of finance. If Bitcoin will be hold by anyone then other altcoins will start to receive good demand.  And then Bitcoin will become more prime and master currency which will be used to evaluate any altcoin.

[RealBitcoin]

If nobody spends Bitcoin, then the price will skyrocket, because people want to buy it, but nobody is selling.

But due to the pressure of high price, some greedy ass will sell his coins for a huge profit, and then others seeing as the price goes down, others will sell, too.

And then the price will go down.

[NEWGOODOUBLE]

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!

of course when no one is doing spending so no sales and purchases occur in the bitcoin market. there is no demand and supply. of course the price will down maybe make bitcoin be dead

[KennyR]

If no one spends bitcoin what might happen? But the question, is that happening? Of course no! why? because it's not realistic to be happen. Well it's only "IF no one spends" my answer is surely the price value of bitcoin will be stock.

Yes I agree with you, everyone will keep use their bitcoin for fulfil the daily needs or other business. But I think if bitcoin circulation is not good, the hoarder can easily influence bitcoin price.

Agreed, as mentioned bitcoin price gets hold if the circulation didn't happen as expected. At the same circulation won't get hold for a long. At least in the gambling purpose circulation happens. Several gambling websites were responsible for transaction of thousands and thousands of bitcoins. On account of this I believe gambling websites make a big role in the circulation and price of bitcoin.

[diegz]

If nobody spends Bitcoin, then the price will skyrocket, because people want to buy it, but nobody is selling.

But due to the pressure of high price, some greedy ass will sell his coins for a huge profit, and then others seeing as the price goes down, others will sell, too.

And then the price will go down.

It is what usually happen, when some big guys don't sell, it makes the price increase, but since there are many big players some of them take advantage of it and drop the price. All of this might end if there are many people who are holding bitcoin. I can't imagine how high the price would increase if there is one holiday that all refuses to sell their coins.  

[RealBitcoin]

If nobody spends Bitcoin, then the price will skyrocket, because people want to buy it, but nobody is selling.

But due to the pressure of high price, some greedy ass will sell his coins for a huge profit, and then others seeing as the price goes down, others will sell, too.

And then the price will go down.

It is what usually happen, when some big guys don't sell, it makes the price increase, but since there are many big players some of them take advantage of it and drop the price. All of this might end if there are many people who are holding bitcoin. I can't imagine how high the price would increase if there is one holiday that all refuses to sell their coins.  

Infinite. Because the demand is constant, and the supply is 0.

That is like dividing for example 1/0, which is technically infinite.


But I highly doubt anybody can resist the urge to sell at 1 million $ / BTC.

[boyptc]

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!

of course when no one is doing spending so no sales and purchases occur in the bitcoin market. there is no demand and supply. of course the price will down maybe make bitcoin be dead

Yeah if most of us will not going to use bitcoin, there is no market for it either. But that is a very impossible thing to happen, just look upon the market cap of bitcoin right now. I don't think those investors that invested thousands and millions of dollars will even allow it that no one is going to spend their bitcoins and make bitcoin die.

[dragonusa9]

if this rumour happened, the consumer of bitcoin will go wild to buy anything that can be afford with remain bitcoin
or sell it at very low price to lessen the loss. and all vendor of bitcoin goods will stop the transaction immediately

[Positid]

if this rumour happened, the consumer of bitcoin will go wild to buy anything that can be afford with remain bitcoin
or sell it at very low price to lessen the loss. and all vendor of bitcoin goods will stop the transaction immediately

Selling at low price is selling for a loss, if no one will use then it's useless to buy bitcoins. I think it will not happen because of the strong support of bitcoin, it's still a great value now.

[KaliLinux]

if this rumour happened, the consumer of bitcoin will go wild to buy anything that can be afford with remain bitcoin
or sell it at very low price to lessen the loss. and all vendor of bitcoin goods will stop the transaction immediately

Selling at low price is selling for a loss, if no one will use then it's useless to buy bitcoins. I think it will not happen because of the strong support of bitcoin, it's still a great value now.

Yes. The support is being the pillar for bitcoin's existence and its huge growth. I am sure the growth is going to be big. There wont be any chance for disappearing. But if it happens, this would happen when none works towards it. The market value is growing day by day and its usage also have become more important as its value has come up. Lets support BTC as we already do.

[angaper]

At first, the idea is meaningless because this is an open market where everyone  can do what they want with their bitcoins, so it is impossible to speculate about that scenario where all bitcoin users decide to stop doing bitcoin transactions simultaneously.

But obeying to a simple market logic, a widespread hoarding of a product or good always triggers an  exponential increase in value.

[divyam_94]

If no one spends bitcoins then it will create a very high disturbance in the value of bitcoins as no one spend them then the exchange rate of currency in form of bitcoin can be shaken & no one can understand the actual rate of the bitcoin in the market by which the estimation cost of 1 bitcoin will not be bring out!! As it is a crytocurrency or a digital currency bitcoin can be circulate more by the authority but that will decrease the exchange rate of bitcoin & its cost  in the market..........so it is better to spend the bitcoin so that the bitcoin in market can be circulate more precisely.😊

[olubams]

At first, the idea is meaningless because this is an open market where everyone  can do what they want with their bitcoins, so it is impossible to speculate about that scenario where all bitcoin users decide to stop doing bitcoin transactions simultaneously.

But obeying to a simple market logic, a widespread hoarding of a product or good always triggers an  exponential increase in value.

He obviously knows its not possible to have that kind of scenerio because even the users of Bitcoin are not limited to this forum as we have the larger population out there and he is just speculating what could have happened if such environment could have been possible.

 To me, I will see it as a rejection of Bitcoin itself because one of the major function of money is exchange of value and not only store of value in which we will be doing if we all decide to keep ours. By so doing I see the price dropping drastically and therefore worthless in no distant time...

[BeGoods]

if this rumour happened, the consumer of bitcoin will go wild to buy anything that can be afford with remain bitcoin
or sell it at very low price to lessen the loss. and all vendor of bitcoin goods will stop the transaction immediately

I think you can see how many users bitcoin this time dude and it will always grow each day. of course of millions of users will always be doing spending. maybe not all users are more than 3 million people are not spending simultaneously

[South Park]

At first, the idea is meaningless because this is an open market where everyone  can do what they want with their bitcoins, so it is impossible to speculate about that scenario where all bitcoin users decide to stop doing bitcoin transactions simultaneously.

But obeying to a simple market logic, a widespread hoarding of a product or good always triggers an  exponential increase in value.

But only if the demand keeps in place if the would be buyers realize that no one is going to sell to them then it is very likely they are going to use their money for something else and then demand will get lower and the price will decrease.

[markyminer]

if this rumour happened, the consumer of bitcoin will go wild to buy anything that can be afford with remain bitcoin
or sell it at very low price to lessen the loss. and all vendor of bitcoin goods will stop the transaction immediately

I think you can see how many users bitcoin this time dude and it will always grow each day. of course of millions of users will always be doing spending. maybe not all users are more than 3 million people are not spending simultaneously

yes that is impossible now that people will stop using bitcoin. bitcoin is now becoming one of the most essential part of our life therefore it is difficult to stop using bitcoin for those people who know about the importance of bitcoin.

[dothebeats]

Nothing would actually happen; people and traders would still go along their way into using bitcoins for other purposes such as trading, investing and whatnot. Right now to be honest there are a few people who would use their bitcoins like fiat and most would just keep it and make it as their investment. That's what's happening right now.