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Author Topic: If no one spends bitcoin what might happen?  (Read 52578 times)
Arngrim
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March 10, 2018, 06:25:01 AM
 #1361

It will only go down if people hold and no one is buying btc. There will either be one or the other. If people are not buying and only selling the price would dump. But if they are holding and no one buying or selling then yes, it would not move.

bitcoin becomes very unpopular if it gets difficult to obtain, which i expect to happen, and it will look like an egoistic sect garbaging the world with their propaganda.

therefore popularity and acceptance will drop, afterwards

it is actually happening already and it will continue in my oppinion

I dont agree with that. When it reaches the peak of popularity then it is time people will be looking for it.

There are too many people in the world and the chance of getting it gets lower and lower which makes it more valuable like paintings which are overpriced in value.
If it gives a good service for the people then they would want it badly.
That is the key into making it the best currency. Merchants should come in first.

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Nyeyzel
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March 10, 2018, 06:38:11 AM
 #1362

If no one spends bitcoin, it will obviously collapse, the value of bitcoin will decrease because there will be no movement. If there is no movement in the market people will sell it at much lower price to release their bitcoin.  But surely it will not happen because a lot of people is now using it and it is continuously increasing day by day.
Boi qaaf
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March 10, 2018, 07:24:53 AM
 #1363

If no one spends their bitcoin it won't really be considered as dead since people are still keeping it since it has a value. If no one spends then there's only a minimal movement on bitcoins price and we won't see any major increase or decrease.

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Mr.John19
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March 10, 2018, 07:27:59 AM
 #1364

The whole thing will remain with Satoshi Nakamoto because if no one is willing to expend it, then no one will get anything. We don't have blockchain, ICO and we don't have this kind of forum. All-Purpose of bitcoin is going to be disorganized and could be junk will never be used again. The government doesn’t have a problem with the digital currency. When every person is not the expenditure of bitcoin price will come rejected by the community
teejayrichard2
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March 10, 2018, 07:54:32 AM
 #1365

if no one spends bitcoin, then its value will depreciate greatly and even become worthless since it has no use. though i doubt if such issue can arise, but if it does arise, then bitcoin will phase out.
TeksLaban
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March 10, 2018, 08:07:41 AM
 #1366

When people is holding the coins, the only thing that would happen is the demand would increase and the supply would decrease. the result of it is the price of the coin will go up. due to the law of supply and demand.
imking
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March 11, 2018, 11:59:37 AM
 #1367

If no one devotes on bitcoin, then I think the value will probably not go higher today. Bitcoin will vanish all its shine and will also bring the cost of bitcoins to die. However, no dealings mean no investor, no miners and this will be the end of bitcoin.  I consider it will not happen because of the power of the technology bitcoin users depend on market demand and that the market demand will continue to exist if the bitcoin handlers stay.
v3liana
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March 11, 2018, 12:01:54 PM
 #1368

Share your ideas here.   Grin

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.

Quote
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

yes i do think if no one spend it the price could go down but in some case if bitcoin is legal and able to be use in any aspect of our live i do think it will make bitcoin more valuable which is means the value will go up.

adadaorlina
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March 11, 2018, 12:54:32 PM
 #1369

I think there will be no case of no one spending bitcoin, Because bitcoin is continuously sustained by the market demand that users use a lot but stock is very limited. Even if many crypto currencies cease to exist, bitcoin will remain. And will become one of the decentralized currencies of all countries. I don't really sure what will happen but one thing is for sure, bitcoin will be spend by many people.
claydeey
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March 11, 2018, 01:01:55 PM
 #1370

If no one spends their Bitcoin means nobody wants to withdraw or sell BTC shares in the market the result would be a price bubble for Bitcoin.

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hefjor
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March 11, 2018, 01:36:25 PM
 #1371

Share your ideas here.   Grin

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.

Quote
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

That statement that would not be happen sir because every individual has a needs and wants so they dont need to store their money in their wallet just for nothing, if that will happen sir many bad factors that might be come for example people who are relying only in bitcoin would suffer the most. 

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wasaisisisi
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March 11, 2018, 01:39:51 PM
 #1372

If nobody has spent bitcoin, i'm sure the bitcoin price will drop considerably. But I think it is impossible especially for today. Because everything we need it can be easily obtained from the online market. I think bitcoin will be the currency in the future, because we can use it easily.
Visbay
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March 11, 2018, 06:41:06 PM
 #1373

Share your ideas here.   Grin

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.

Quote
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

yes i do think if no one spend it the price could go down but in some case if bitcoin is legal and able to be use in any aspect of our live i do think it will make bitcoin more valuable which is means the value will go up.
If it will be legal then people will be bound to use it and to spend it, increasing acceptance of bitcoin is the mean of popularity of bitcoin, with each and every acceptance bitcoin is increasing the value, for me it is use of bitcoin that keep it alive and active, bitcoin has become the basic need for most of the people, so if bitcoin is not being spent by people it is good and it will be better for most of the people indeed.
sidebyside
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March 11, 2018, 06:49:23 PM
 #1374

Apparently, its value will be significantly reduced. If no one continues to buy to invest. The bitcoin transaction will be closed. Investors will sell Bitcoin and Bitcoin will die

webosftw
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March 11, 2018, 08:13:45 PM
 #1375

If no one spend bitcoin, the first effect of it is increase in price since demand needs to offer higher just to get the sellers interest.  But if the situation keeps on going, BItcoin will be doomed to oblivion because merchant cannot transact with it and the economy will die because coin stopped circulating.  Meaning no more available coins for newbie to buy.
waichi
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March 11, 2018, 08:31:09 PM
 #1376

If no one wants to sell their Bitcoin, the price will remain as it is. No more decreasing in value. It will only change its price if there will be a purchase of Bitcoin. And it will make the price go up. I don't think the article has something to do with the Bitcoin price. Because they are not related at all.

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Txslady
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March 11, 2018, 08:41:02 PM
 #1377

i think if no one spend bitcoin but bitcoin demand in the world is high i think bitcoin price will go up slowly. but its different situation if the bitcoin demand in public is low, i think bitcoin price will stable at that price or the worst things it bitcoin price will down slowly
Nyenyepogi
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March 13, 2018, 07:07:41 AM
 #1378

Share your ideas here.   Grin

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.

Quote
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

in my openion there is always Constancy in the rate of bitcoins if the people stop the sell and buy ( because rate of bitcoins directly depends upon the fact of demand in the digital market ) . and in case of US country's people there is also no doubt that they are not using there money . if they will not use than bank will use there in practically .
oracleongoodbye
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March 13, 2018, 07:14:13 AM
 #1379

The worst case scenario that can happen is bitcoin will going to die since nobody is using it. It will be just there hanging on nothing and it will not go on it's cycle anymore that's why it might disappear when that happens. But let's hope that this thing will never happen because it is really a not good idea that bitcoin will be not going to use by everyone here. It is really impossible, bitcoin is really popular for that kind of thing to happen.
45kjk
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March 13, 2018, 07:15:16 AM
 #1380

What you are describing is a market rule. Everyone needs Bitcoin. I think no one needs Bitcoin. Bitcoin will not disappear. What you said will not happen.
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