If no one spends bitcoin what might happen?

[JL421]

I don't that will ever happen because as for now there are more than million people who have actually invested in bitcoins so there is a obvious chance people will spend for sure.
You can take the case for this forum itself daily someone does exchange , daily someone buys something from digital goods so imagine how many users are actually there who will spend bitcoins.

[macspeed]

what is going to happen is many of the btc exchanges not survive already seeing people want to exit, sell and when the herd begins it will accelerate...

[BeGoods]

what is going to happen is many of the btc exchanges not survive already seeing people want to exit, sell and when the herd begins it will accelerate...

if it does happen naturally bitcoin will die because there is no demand and supply and the exchange itself will die,
but for all users do not do spending it is impossible, there will always be users who will buy and sell

[Mvaporis1961]

Well I think as long as there are some that keeps on buying it I think the price wont fall,
As long as there is somebody that keeps on investing even if they don't spend it the price would still rise up.

[SvenBomvolen]

Bitcoin will die. Same with any other currency, if there's no one using it, there's no reason for it to exist.

With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.

That will be the extreme result or end if no one will spend their bitcoin and just hold it. If there were no sellers there will be no market. Seller and buyers are necessary to create a market that is founded on supply and demand. Bitcoin though it is a currency it is still considered to be a commodity. But this kind of commodity will not have a value if nobody sells it. 

That's right. Bitcoin users are that factor that helped to bitcoin to fly so high and to get developed to the concrete world's market participant. if nobody will spend bitcoin the whole system will fall as the price for bitcoin. So, bitcoin is just have to be spended.

[Taki]

Bitcoin will die. Same with any other currency, if there's no one using it, there's no reason for it to exist.

With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.

That will be the extreme result or end if no one will spend their bitcoin and just hold it. If there were no sellers there will be no market. Seller and buyers are necessary to create a market that is founded on supply and demand. Bitcoin though it is a currency it is still considered to be a commodity. But this kind of commodity will not have a value if nobody sells it. 

That's right. Bitcoin users are that factor that helped to bitcoin to fly so high and to get developed to the concrete world's market participant. if nobody will spend bitcoin the whole system will fall as the price for bitcoin. So, bitcoin is just have to be spended.

I'm agree. Here should be used the basic rule of all economy - "sell-buy". Without any activity with bitcoin this currency will cost just nothing.

[BitcoinPC]

Do you mean that people holds? Then i think bitcoin would be useless.However that is merely impossinle that there woild be no bitcoin user who is going to use it.

You are right bitcoin will be useless if everyone hold and no one will be here to use bitcoin. If we want the success of bitcoin then we need some use of bitcoin in market to increase the demand.

But it is also useless to think, that bitcoin's user never use the bitcoin. Definitely people are using bitcoin. Because bitcoin not made for only holding, You could see we are using bitcoin for amount transfer and paying bills, also we play online gambling with bitcoins and doing trading and investment with bitcoin. Although i don't think, people are stop to use it. We should see in our daily life, we are using the bitcoin.

[warwar]

Yeah true.One possibility is price will be stablelized if there is no one who will spend bitcoins in transactions specially in trading sites.Because bitcoins is just based on supplyand demand.Bitcoins price rises when in demand.Considering its a decentralized cryptocurrency there are still alot of possibility that may happen if no one spends bitcoins.Negative or positive effect may happen

[gandame]

If no one spend bitcoins, of course there will be no profit to be circulated to bitcoin economic movement on the system of digital currency. The buyers of bitcoin will no longer hold btc for their future profitable investments like in trading of altcoins that is known to be the most profitable ways of investing your alt cryptocurrencies. Everyone should spend bitcoin sometimes because holding it for so long time will have bigger profit and if you don't spend it, I think there will be less profit when btc price will definitely drops down again of price because the demand lowered.

[fullypak]

If no one spend bitcoins, of course there will be no profit to be circulated to bitcoin economic movement on the system of digital currency. The buyers of bitcoin will no longer hold btc for their future profitable investments like in trading of altcoins that is known to be the most profitable ways of investing your alt cryptocurrencies. Everyone should spend bitcoin sometimes because holding it for so long time will have bigger profit and if you don't spend it, I think there will be less profit when btc price will definitely drops down again of price because the demand lowered.

You are right people think holding Bitcoin for a long time will give big profit. But it is not 100% correct. I too agree that holding bitcoin will give good profit, but we have to sell our coins at the right time. Because once the Bitcoin price is starting to drop within one or two days, we see 200 to 300$ fluctuations in bitcoin price. So it is a big loss. And people not sell or buy bitcoins then sure the Bitcoin will lose value in the market.

[kidoseagle0312]

Share your ideas here.  

In my opinion, I think we will be stuck in one price or maybe worse we will all go down.

Here is what happened when US citizens are saving too much.

That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Check it out here

The number one thing might be happen, maybe the price will get stock, or if not the price value  will drop little by little until it reach bottom line to zero value. But the question was that is too impossible to be happen in the future.

[MintCondition]

Share your ideas here.  

In my opinion, I think we will be stuck in one price or maybe worse we will all go down.

Here is what happened when US citizens are saving too much.

That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Check it out here

The number one thing might be happen, maybe the price will get stock, or if not the price value  will drop little by little until it reach bottom line to zero value. But the question was that is too impossible to be happen in the future.

if bitcoin will not circulated then probably economy of bitcoin might fall, its features may lose and soon it will not have any value. So we better use bitcoin appropriately and actively, bitcoin has lot of features and developments that will be helpful and beneficial to everyone.

[dinofelis]

Share your ideas here.  

The mem pool may finally get emptied

[Harlot]

Share your ideas here.  

In my opinion, I think we will be stuck in one price or maybe worse we will all go down.

Here is what happened when US citizens are saving too much.

That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Check it out here

The number one thing might be happen, maybe the price will get stock, or if not the price value  will drop little by little until it reach bottom line to zero value. But the question was that is too impossible to be happen in the future.

if bitcoin will not circulated then probably economy of bitcoin might fall, its features may lose and soon it will not have any value. So we better use bitcoin appropriately and actively, bitcoin has lot of features and developments that will be helpful and beneficial to everyone.

If no one is spending it does not mean that Bitcoin will fall, Bitcoin still has many uses than buying stuff. It is use in trading, or it can be use in being converting to Fiat. One good example is gold no one is using Gold to buy stuff but it is not affecting its price because it is still has value on to it.

[Astvile]

I always thought that if nobody sold any bitcoin then price would rise because anyone who is on demand for bitcoin would have to pay more to try and convince people to sell so i suppose as long as the demand is their then price will go up. 

Could also depend,  if people use bitcoin they have had for years and a shop accepts it then cashes out to get fiat then price would go down.

If nobody and no one will sell bitcoins bitcoin price will be stable because there are no price updates on markets which is cause by buying or selling bitcoins

[Zadicar]

I always thought that if nobody sold any bitcoin then price would rise because anyone who is on demand for bitcoin would have to pay more to try and convince people to sell so i suppose as long as the demand is their then price will go up. 

Could also depend,  if people use bitcoin they have had for years and a shop accepts it then cashes out to get fiat then price would go down.

If nobody and no one will sell bitcoins bitcoin price will be stable because there are no price updates on markets which is cause by buying or selling bitcoins

It would be stable since theres no activity on the chain,we do know transactions makes the price move and also if all people do hold their bitcoin value would surely depreciate no matter what because all people are holding.

[ice098]

Share your ideas here.  

In my opinion, I think we will be stuck in one price or maybe worse we will all go down.

Here is what happened when US citizens are saving too much.

That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Check it out here

i think it is not possible because everyday people spends their money everywhere, they need to spend to supply their needs to buy their food, neccessities and many more. bitcoin must be spend in order for it to circulates

[no0dlepunk]

In my opinion, the number of bitcoins in circulation will still affect its value. Let's say all of us do not spend a dime (or a bitcoin rather) but miners keep on producing bitcoins, the price or value may still decrease or increase. Unfortunately, I am not smart enough to analyze it.

[TIDOVEE]

I want to believe people are really busy with bitcoin for the sake of meeting one need or the other,and apart from the fun of it, its motivation is to see the value rising. but if it be that no one spends,apart from the fact that bitcoin value will be retarded it could also crash.

[ethereumhunter]

i am not sure that people don't want to sell their bitcoin if they see the good price like now or upto $12xx but maybe there is people which is not want to sell their bitcoin or spend to buy something. but for sure if there is no one spends bitcoin, i think its because people don't want to spend and they only want to save more bitcoin so they can have much of bitcoin in their wallet.