If no one spends bitcoin what might happen?

[yellow1]

I think no if ever one spends maybe the price is become increase its value and i think the price also it is going steady. But no one knows either high or low the price is.But it is impossible that no one spend because bitcoin is easy and good investment and it spread all over the world in the future..

[Victorycoin]

I think no if ever one spends maybe the price is become increase its value and i think the price also it is going steady. But no one knows either high or low the price is.But it is impossible that no one spend because bitcoin is easy and good investment and it spread all over the world in the future..

In reality, a situation where no one gets to sell their Bitcoin may never arise because people have different needs and views and one of the things no one can take away from people, is the power Bitcoin confers on them to have the final say over their finances. There no doubt abounds people, who are determined to hold on to their Bitcoins until such a time they would be convinced it have appreciated enough.

[CODE200]

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

Well in my understanding it will be turn out to be a saving nothing will happen unless you continue bitcoin and it's activities where you can raise, earn a lot of bitcoin and you might not probably unable to notice that the amount of your bitcoin have increases it's profit a lot which is beneficial to you one day. Once you decide to use it in purpose.

[lemonade09]

If no one is spending there bitcoin the price will still go up and increase and no transactions will be make probably many sites will go down if there is no one gonna use it .. But like now it will never happen we were always spend our bitcoin in something or use our bitcoin in something .
Important and saving our bitcoin in our wallet if we will just save it maybe for our future but still your going to spend it.
BTCBTCBTC But probably if no one using bitcoin the price will go down but i really dont know the right answer.

[topbitcoin]

one thing is certain, bitcoin prices will go down.

[Wandika]

one thing is certain, bitcoin prices will go down.

There is no market definitely,once we stop doin transactions in bitcoin or not spend any of it there will be no circulation of bitcoin in market then probably it will soon gone. To be able once market to continue we should adapts it features to continue its growth and to know if its accepted by many or not once it is accepted and circulated thus is the time we will know its value drops and rises.

[vasrasus]

one thing is certain, bitcoin prices will go down.

There is no market definitely,once we stop doin transactions in bitcoin or not spend any of it there will be no circulation of bitcoin in market then probably it will soon gone. To be able once market to continue we should adapts it features to continue its growth and to know if its accepted by many or not once it is accepted and circulated thus is the time we will know its value drops and rises.

that's why we need to acquire anything that depends on bitcoin for it to continue its process and to know whether its still would function well, if there is no user or market relationship ,there is no reason to make its features continue it will just shut down in an instant.

[Amph]

one thing is certain, bitcoin prices will go down.

not true, if no one can buy because none is spending(i'm assuming the wider definition here and not spending as a purchasing only, but as a trading too), the value will likely remain there, not going to be dumped for sure

but it can increase without the possibility for buyers to buy new coins, in fact if all exchange were to be stopped by the governments, the value would not appreciate anymore so quickly

you then need to do private trading and report on a new decentralized(like a big forum) service the possible new value

[Dr.Osh]

one thing is certain, bitcoin prices will go down.

not true, if no one can buy because none is spending(i'm assuming the wider definition here and not spending as a purchasing only, but as a trading too), the value will likely remain there, not going to be dumped for sure

but it can increase without the possibility for buyers to buy new coins, in fact if all exchange were to be stopped by the governments, the value would not appreciate anymore so quickly

you then need to do private trading and report on a new decentralized(like a big forum) service the possible new value

I guess it's possible. if no one else who spends bitcoin, that is to say, bitcoin is not used anymore, and in my experience, coins were never used, the price will go down, or even disappear. if bitcoin never in spending, meaning that bitcoin is never used, so it's likely the biggest price would probably fall.

[ASHLIUSZ]

one thing is certain, bitcoin prices will go down.

not true, if no one can buy because none is spending(i'm assuming the wider definition here and not spending as a purchasing only, but as a trading too), the value will likely remain there, not going to be dumped for sure

but it can increase without the possibility for buyers to buy new coins, in fact if all exchange were to be stopped by the governments, the value would not appreciate anymore so quickly

you then need to do private trading and report on a new decentralized(like a big forum) service the possible new value

I guess it's possible. if no one else who spends bitcoin, that is to say, bitcoin is not used anymore, and in my experience, coins were never used, the price will go down, or even disappear. if bitcoin never in spending, meaning that bitcoin is never used, so it's likely the biggest price would probably fall.

As stated based on the usage the value will go down. If this happens, soon the users too will stop using it which eventually stops the acceptance of bitcoin from stores. I believe that trading people were the one who gets affected much than common users.

[MintCondition]

one thing is certain, bitcoin prices will go down.

not true, if no one can buy because none is spending(i'm assuming the wider definition here and not spending as a purchasing only, but as a trading too), the value will likely remain there, not going to be dumped for sure

but it can increase without the possibility for buyers to buy new coins, in fact if all exchange were to be stopped by the governments, the value would not appreciate anymore so quickly

you then need to do private trading and report on a new decentralized(like a big forum) service the possible new value

I guess it's possible. if no one else who spends bitcoin, that is to say, bitcoin is not used anymore, and in my experience, coins were never used, the price will go down, or even disappear. if bitcoin never in spending, meaning that bitcoin is never used, so it's likely the biggest price would probably fall.

As stated based on the usage the value will go down. If this happens, soon the users too will stop using it which eventually stops the acceptance of bitcoin from stores. I believe that trading people were the one who gets affected much than common users.

It will be nonsense if we will just store it and waits for it value to goes up before we use it,how will it grow of we would just stock our btc in our wallet or doesn't do anything about like investing or trading, it is like doing business we just need a capital then a profit to run the business and we should get some outcome like does it earn or not. If btc will not be use then why its created anyway it will soon be gone if we doesn't do any btc related activities.

[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

it will not circualates therefore the bitcoin will be pending. it should be spent and be earnes as well. every currency in the market needed to be the way like that. an it is a currency everyone must spend it.

[DoublerHunter]

one thing is certain, bitcoin prices will go down.

not true, if no one can buy because none is spending(i'm assuming the wider definition here and not spending as a purchasing only, but as a trading too), the value will likely remain there, not going to be dumped for sure

but it can increase without the possibility for buyers to buy new coins, in fact if all exchange were to be stopped by the governments, the value would not appreciate anymore so quickly

you then need to do private trading and report on a new decentralized(like a big forum) service the possible new value

I guess it's possible. if no one else who spends bitcoin, that is to say, bitcoin is not used anymore, and in my experience, coins were never used, the price will go down, or even disappear. if bitcoin never in spending, meaning that bitcoin is never used, so it's likely the biggest price would probably fall.

As stated based on the usage the value will go down. If this happens, soon the users too will stop using it which eventually stops the acceptance of bitcoin from stores. I believe that trading people were the one who gets affected much than common users.

It will be nonsense if we will just store it and waits for it value to goes up before we use it,how will it grow of we would just stock our btc in our wallet or doesn't do anything about like investing or trading, it is like doing business we just need a capital then a profit to run the business and we should get some outcome like does it earn or not. If btc will not be use then why its created anyway it will soon be gone if we doesn't do any btc related activities.

I agree with you. If no one spend bitcoin then it will be just nonsense for the investor or holders because there would be no supply that will circulate in the market and that will be bad because the price of bitcoin is just depending on the demand of the market so if there is no supply then there will no demand and if there is no demand then the price will decrease and that will be a worst case scenario if we will not spend our bitcoins.

[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

Maybe in my opinion the value price of bitcoin will be  freeze if ever no ones spend bitcoin. Or it maybe drop the value but it must be a valid reason if that happen of course. Because in my belief about it in everyday now in ourlives there are many users spending  it using bitcoin in their daily life. Which means bitcoin will always be usefull to everyone.

[FasTroy]

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

it will not circualates therefore the bitcoin will be pending. it should be spent and be earnes as well. every currency in the market needed to be the way like that. an it is a currency everyone must spend it.

I agree with you, If no one spends bitcoin, of course it will affect the price. because any currency should be spend it, I mean trading with currency it's obligate for currency life. Else it will die.

[Nagadota]

If literally no one spent it at all, mining would cease to be profitable in time due to the absence of transaction fees and eventually, when miners stop working, Bitcoin would become useless because no transfers would take place anymore.

[geopolisch]

one thing is certain, bitcoin prices will go down.

not true, if no one can buy because none is spending(i'm assuming the wider definition here and not spending as a purchasing only, but as a trading too), the value will likely remain there, not going to be dumped for sure

but it can increase without the possibility for buyers to buy new coins, in fact if all exchange were to be stopped by the governments, the value would not appreciate anymore so quickly

you then need to do private trading and report on a new decentralized(like a big forum) service the possible new value

I guess it's possible. if no one else who spends bitcoin, that is to say, bitcoin is not used anymore, and in my experience, coins were never used, the price will go down, or even disappear. if bitcoin never in spending, meaning that bitcoin is never used, so it's likely the biggest price would probably fall.

As stated based on the usage the value will go down. If this happens, soon the users too will stop using it which eventually stops the acceptance of bitcoin from stores. I believe that trading people were the one who gets affected much than common users.

Yes, if no one spends Bitcoin than that means that the entire demand curve of the Bitcoin market must have shifted to the left. This will cause suppliers to not like the currency as much because there is less profit in it. In the end I believe if no one is spending the whole value of bitcoin will go down and now one will use the coin anymore. But I don’t see this happening too soon anyway.

[jjacob]

If literally no one spent it at all, mining would cease to be profitable in time due to the absence of transaction fees and eventually, when miners stop working, Bitcoin would become useless because no transfers would take place anymore.

We should look at Bitcoin's price if nobody uses it. Transaction fees don't account for a significant portion of miners' income. The block reward is the main form of income.

[speem28]

The value of Bitcoin will remain as it is because it's value depends on how people frequently use bitcoin as a mean of payment. That is why we want more and more people to start accepting bitcoin so that they use it. Also, if this was to happen, there is a possibility that a conflict in the bitcoin world might occur.

[kamina87]

If no one is watching bitcoin as currency , it is just rubbish and it has no value. Its price goes up only when people buy into