If no one spends bitcoin what might happen?

[Ethernel]

If no one spends bitcoin, price fluctuation will happen to higher extent. Importantly bitcoin usage when gets decreased the ratio of adoption too decreases. Possibly for the improvement and growth towards a greater digital currency spending is much needed.

[posesion19]

If people wouldn't spend bitcoin,the value of bitcoin will decrease.
then it would deem worthless

[Manchumichael]

People will always spend money either its fiat cash or cryptocurrency like bitcoin. Hypothetically speaking, it ever no one spends bitcoin, the most probable scenario is that, its value will reach a certain point of equilibrium and then stops. It will become stable and stagnant until someone uses it again. But again, its quite impossible to happen.

Well I think first of all its not possible to not spend bitcoin because it’s a digital currency and it’s here to use and that’s why everyone are doing and I also using my bitcoin for my daily expanse such as buying food and using for paying bills and also its going to use for investment and for daily trade also so it’s not possible for bitcoin to stay remain and no one will use so I think world need bitcoin for use and countries also want that bitcoin must be contribute in their economy.

yeah of course it's impossible because bitcoins are created as a currency and commodity, users will definitely spend whatever reason they have like buying altcoins, buying goods, buying stocks, gambling, and so on, that is including spending bitcoins mate, and spending will always happen in the bitcoin world, as long as there is a certain user transaction and spending will always happen

I don't know whether people will use bitcoins to buy anything or not but 100% people will do trade with bitcoins. if you do not use it then it is waste. of course, if you hold long term you can make a profit. but you will lose the opportunity to increase your bitcoins without investing your hard work money. this is possible only if you trade your bitcoins.

[Haxor321]

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 that the price is going to be stable then if no one is going to spend a coin and I hate it when the price is stable because it is boring.
I know that you have to be patient with Bitcoin but sometimes the price can be stable for a long time.

True enough. What makes bitcoin meaningful if no one spend it? Aside from that, bitcoins essence and main function is to be spend. It is meant to be used. If bitcoin will not be spend it will experience a major flactuate. And if it happens, people will lose their interest here.

[seoincorporation]

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

If no one spend bitcoins that mean no one sell and no one buy, then yes, price would be stuck. But at same time the coin will not have value because no one is spending it. Is like the issue about the tree on the forest, if a tree falls on the forest and no one is there, the tree makes sound?. If no one spend bitcoin should it have a value?

By the way, people loves to spend money, that's something that any single human love to do, and that's why this will not happen, people can't just stop spending bitcoins. But at least is a nice topic for discussion.

[Phyton76]

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 price will go down because people will lose interest in bitcoin if it happens. That is why though it is good to hold bitcoin, it is still hurting its economy if no bitcoin is used for purchase. It is good if there is more merchandisers that will adopt bitcoin so that more will be encourage to use and spend bitcoins.

If it happens, this will be a problem. Technically, if no one spends bitcoin surely the value of it will remain stable or worse it will keep falling. If it occurs, the investors, traders and even users will lose their interest because they will not gain anything from here.

[cryptojoe]

If no one spend their bitcoin then bitcoin price will be too much high.

[Chris314]

What does "spend" mean here? For me "spend" is to exchange money for goods and services, as we spend € in a shop. If no one spends bitcoin, it won't prevent people from trading it (exchange it to another currency, eventually to spend it). Thus bitcoin market will remain alive.
Many of you actually buy goods of services with bitcoin? I don't as there's not so many goods that can be bought with bitcoin.

[cryptojoe]

When there is nobody selling the bitcoin, it will be worthless.

[cryptokudi]

It would pump at first same as you saw on the launching of altcoins which usually pumps in the first place then suddenly dump if all of the coin holders would sell all their coins. Yes, selling coins would gain profits and expect that's  its price would dump to the lowest and would never go up unless if someone buys again. It's just a matter of supply and demand.

[Bitcoinislifer09]

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 would be a problem for bitcoiners. If bitcoin will not be spend then the price will stuck and it won't be high again. Then users might be in terrible because they will certainly not earn from here and with that they will no longer be interested in it and they will just simply dump the bitcoin.

[shushanika]

If no one spends or sells bitcoins, it is obvious that the price will rise hugely.

[wack slacker]

If no one spends or sells bitcoins, it is obvious that the price will rise hugely.

I think that is the law of supply and demand. If there are no sellers and no buyers, the value of Bitcoin remains unchanged. Volum will be 0. That I think it not happen. Without the sale of Bitcoin, the person who wants to own will increase the price. And people want to sell more will happen phenomenon of discount.

[yron51]

its not good for having a bitcoin for hiding a not spending haha having a bitcoin is very changing life so if you have a bitcoin spend it to your daily lifestyle 

[hao2067755834]

If no one is spending bitcoin, its price will remain stable, but the reality is that people can make a profit by trading in bitcoins, and trading can produce value! Influenced by supply and demand, the price of bitcoin is determined by the market!

[Jose Mourinho]

Like if none spends money then the banks will die, we all know that the biggest bitcoin business is for transactions, if nothing is spent bitcoin then bitcoin will die because there is no earning for the wallet provider.

[pushups44]

It depends on how bitcoin is defined. If it becomes regarded as a scarce digital asset such as gold, then its value won't hinge on people spending it. If its value depends on being used as a currency, then people will have to spend it for it to have value. Possibly bitcoin will become a combination of the two.

[Sunnyyy]

I think that if no one uses bitcoin anymore then I think its value will decrease and will gradually be forgotten. Many people will look for other valuable money to invest.

[jakoylantern]

For me, if no one spends bitcoin it will be a doomsday of bitcoin or the end of bitcoin. Yes, it might sound exaggerated that no one but imagines that no one will contribute or use it. If that happens, the bitcoin’s amount will fall rapidly because there is no demand at all or their will be a stable amount of bitcoin. 

[the_viper]

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